APIs are not simply parts of a source code that allow communication between two applications. They also offer new ways of simplifying processes, saving costs and enriching business information.
Collection processing plays a key role in accounting departments, which is why it is essential that collections be handled quickly, in a way that does not create any conflict with customers.
Bank reconciliation is one of the most important accounting processes. And APIs are the ideal tool for carrying it out, since they provide greater security, lower costs and real-time information.
Although it may sound strange, the development of the API itself is often not the most important element for an organization that is thinking of having an API. Everything relating to the APIs in a company must be a strategic, a business, rather than a technical issue.
And, what does the future hold for the banking business? The cutting-edge developments in the industry are coming via technology, which is being harnessed to improve the products and services offered to customers. We take a glimpse at the future via ten of the hottest APIs in the sector right now.
Facebook is still the largest social network in the world. Leveraging its size, it can reach audiences that were inaccessible to all platforms until now. More than 2 billion people are active and more than 1.5 billion use it every day. The company founded by Mark Zuckerberg has become indispensable for digital businesses across the planet. If you own a business, you must ponder your Facebook presence, at the very least to consider whether it can help you draw attention to your products or services.
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