BBVA API Market
Improving the effectiveness of the storage service. This is the ultimate goal, and one of the most popular ways to achieve it is SaaS (software as a service). It is a sound, yet flexible infrastructure that offers a big competitive advantage.
The different providers of this type of cloud infrastructure are choosing Agile development practices and DevOps to better meet user needs.
One of the key strengths of this business model is that it enables better management of large and complex workloads. We can also give you four reasons:
One of the main reasons for choosing SaaS is to reduce the investment in infrastructures and storage license fees. With this kind of service you get higher performance and excellent uptime, which in turn improves user experience.
SaaS infrastructures are easily scalable: you can increase the volume of data and the number of clients, users or devices to tailor the service to your needs.
There is a boom of SaaS tools on the market that enable greater data customization and analysis to improve and adapt these services with the aim of enhancing performance and user experience.
An SaaS provider’s business model is based on driving networking and cloud computing. For this reason, quite often they offer very low cost barriers, or even free tests, so potential users can determine whether this is the right infrastructure before they decide to make an investment.
You no longer need to go to a bank branch to open a bank account. APIs allow you to complete this and any other banking operations without leaving your company's own platform, with a fully integrated experience.
Many industries view "appification" as one of the most important drivers of technological innovation in coming years. In open banking, this advantage opens the door to previously unexplored territory, even outside traditional banking.
Knowing your customer is an essential asset in any business relationship, but in the digital universe it is even more so. In the financial sector, KYC (Know Your Customer) is carefully structured to ensure customer verification, which is essential in the highly regulated banking industry.