SWIFT has published a white paper on APIs that I’d like to share with you. Please find attached.
SWIFT, the world’s leading provider of secure financial messaging services, has today published a paper that outlines the potential for Application Programming Interfaces (APIs) to transform international finance, and details how SWIFT is leveraging APIs as part of its strategy to enable instant transactions anywhere in the world.
APIs are the firepower behind many of today’s most popular online products and services, connecting and exchanging data between applications and web servers. SWIFT has been a leader in unlocking the potential of APIs for years having launched their first API in 2017. Since then, adoption and usage of the SWIFT API channel has grown significantly with more than two billion API calls made over SWIFT in 2020 – a 120% increase year-on-year.