The AFP Payments Guide series examines payments-related topics that are developed via interviews with treasury professionals. Presented as quarterly case studies with practical applications and tools to help you make informed decisions about key payment services.
APIs: The Search for Ubiquity and Standardization
Underwritten by MUFG Union Bank
![Guide-19-Payments-API-PgHdr[1]](/images/default-source/default-album/guide-19-payments-api-pghdr-1.png?sfvrsn=8af1256b_1 "Guide-19-Payments-API-PgHdr[1]")
Application programming interfaces (APIs) are emerging as the key to improving payments between corporates and banks. And with new initiatives like the Revised Payments Services Directive (PSD2) in Europe, APIs are quickly infiltrating the psyche of businesses around the globe. But without standardization, APIs cannot be as effective as they need to be. This AFP Payments Guide will explore why APIs can and will be so useful for corporate treasury professionals. It will also delve into why API standards are a necessity—and how a number of prominent players in the payments space are working to make them a reality.
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