KBC Bank Ireland Launches Open Developer Portal
Following the European requirement for banks to make customer accessible to third parties, KBC Bank, “Ireland’s digital-first bank,” announced the launch of their open Application Programming Interfaces (API) developer portal, inviting third parties to use its portal to design and build new products and services to benefit its customers.
The bank also recently introduced a new function that enables customers to view current account balances held with other banks. KBC customers who hold an AIB or Bank of Ireland current account can now view their balance in the KBC app and get a complete overview of their personal current accounts.
“Over the past two years, KBC Bank Ireland has focused on the implementation of a new ‘digital first’ strategy and as a result continues to lead the market with a range of digital first solutions. In opening our portal, we’re inviting innovators and fintech firms to come and test their solutions in a secure environment, further fuelling technological integration and collaboration, fostering continued creativity and innovation in the sector.” – Kelvin Gillen, KBC’s Director of Transformation and Innovation.