Bank of Russia Open APIs
Open APIs from Right line – an open banking service module
Adapting to new market realities faster than competitors
Improving customer service
Cost reduction by improving the service delivery process
The Open API module is suitable:
The module provides information interaction between the supplier and the consumer of data.
Our Open Banking module is a chance to be the first to introduce advanced technologies and improve the customer experience.
Functionality
Consent management
Due to personalization +1.5 pp. and due to timely offers +0.5 pp.
Getting information
Getting information about accounts and transactions
Initiating payments
Initiating payments with the client's consent
Data on behavior in other banks
Access to information about the behavior of clients in other banks, with their consent
Justification for using Open APIs
Increased competition in the financial market due to a wider range of services.
Improve customer service through personalized loan offers, multi-account management through a single app, and more.
Development of innovations in the financial sector through the development of new financial products and services based on data and analytics.
Reducing costs for businesses by simplifying and speeding up the process of obtaining loans and other financial services.
Increasing trust through transparency of financial transactions and improving the customer experience of banks and other financial institutions.
You will be able to adapt to the new market realities faster than your competitors.
Why is this important?
The introduction of Open APIs will soon become mandatory for most Russian banks and will increase business efficiency.
Competitiveness
You will be able to adapt faster to the new market realities by quickly integrating and testing new financial services through Open APIs, automating processes, and analyzing data in real time.
You will be able to adapt faster to the new market realities by quickly integrating and testing new financial services through Open APIs, automating processes, and analyzing data in real time.
Innovation
You will learn about best practices and technologies that are ahead of market trends, which will allow you to implement more efficient and scalable solutions ahead of competitors.
You will learn about best practices and technologies that are ahead of market trends, which will allow you to implement more efficient and scalable solutions ahead of competitors.
Strategy and development
You will participate in shaping future standards and market engagement strategies by actively implementing Open APIs.
You will participate in shaping future standards and market engagement strategies by actively implementing Open APIs.
The Open API module is suitable:
To banks
The module provides information interaction between the supplier and the consumer of data
Insurance companies
The Open API module from Right line greatly simplifies the interaction of insurance companies with credit institutions