Nex-G Innovations

The Certified API Banking Professional training is designed to equip participants with comprehensive knowledge and practical understanding of API-driven banking, Open Banking, Embedded Finance and Banking-as-a-Service, enabling them to understand API architecture, banking API design, integration with core banking and digital platforms, API security, authentication, authorization, consent management, regulatory and compliance requirements, API governance, lifecycle management, testing, monitoring and risk management.

The program also develops participants’ ability to identify API Banking opportunities, design API-based products and ecosystems, evaluate bank–FinTech partnerships, understand API monetization and develop effective API Banking strategies and transformation roadmaps aligned with business, technology, security and regulatory objectives.

Code: NES_SK_26919

Duration: 4 Weeks / 40 Hrs / Customized

Mode: Corporate (Instructor Led Online / Onsite), Individual (Instructor Led Online)

Certification: Certified API Banking Professional

+91-8826900551

• Evolution from traditional banking to API-driven banking
• What is API Banking?
• APIs, web services, microservices and API platforms
• Open Banking vs API Banking
• Banking API ecosystem and stakeholders
• API Banking business models
• API Banking use cases across retail, corporate and SME banking
• Benefits, challenges and success factors

Module 2: Banking APIs & API Architecture

• Anatomy of a banking API
• REST, SOAP and JSON/XML
• Synchronous vs asynchronous APIs
• API endpoints, resources, methods and parameters
• Request/response architecture
• API gateways and API management platforms
• Microservices architecture for banking
• API orchestration and service integration
• API lifecycle management

Module 3: Open Banking & Regulatory Framework

• Open Banking concepts and principles
• Account Information Services
• Payment Initiation Services
• Consent-based data sharing
• Third-party providers (TPPs)
• Regulatory drivers of Open Banking
• PSD2 and Open Banking
• Open Banking developments in major markets
• India: RBI, Account Aggregator framework and Digital Public Infrastructure
• Regulatory challenges in cross-border API Banking

Module 4: API Security for Banking

• Security architecture for banking APIs
• Authentication vs authorization
• OAuth 2.0
• OpenID Connect
• API keys and access tokens
• Mutual TLS
• JWT and token security
• Encryption in transit and at rest
• Rate limiting and throttling
• API abuse and fraud prevention
• OWASP API Security risks
• Secure API design principles

Module 5: Identity, Consent & Customer Authentication

• Digital identity in API Banking
• Customer authentication
• Strong Customer Authentication
• Consent management
• Consent capture, storage and revocation
• Tokenization
• Customer data privacy
• Identity federation
• Delegated authorization
• Non-repudiation and auditability

Module 6: Payment APIs

• Payment API architecture
• Account-to-account payments
• Payment initiation APIs
• Fund transfer APIs
• Real-time payment APIs
• Domestic and cross-border payments
• Payment status and transaction lifecycle
• Beneficiary management APIs
• Refund, reversal and dispute APIs
• Payment authentication
• Payment fraud controls
• Integration with payment infrastructures

Module 7: Account & Banking Data APIs

• Account information APIs
• Customer profile APIs
• Balance and transaction APIs
• Statement APIs
• Beneficiary APIs
• Product and service APIs
• Customer KYC information APIs
• Financial data aggregation
• Data normalization
• Consent-driven financial data sharing

Module 8: API Integration with Core Banking Systems

• Core Banking System architecture
• API integration with CBS
• Legacy system integration
• Middleware and integration layers
• API-led connectivity
• Event-driven banking architecture
• Real-time vs batch integration
• Data transformation and mapping
• System-of-record considerations
• Managing legacy modernization through APIs

Module 9: API Management & Governance

• API management lifecycle
• API gateway functions
• API catalog and developer portal
• API versioning
• API policies
• Traffic management
• Throttling and quotas
• API monetization
• API governance framework
• API standards and documentation
• SLA management
• API ownership and accountability

Module 10: Developer Experience & API Documentation

• Designing APIs for developers
• Developer portals
• API onboarding
• Sandbox environments
• API keys and credentials
• OpenAPI/Swagger
• API documentation standards
• SDKs and code samples
• Testing environments
• Developer engagement and support
• Measuring developer experience

Module 11: API Testing, Monitoring & Performance

• Functional API testing
• Integration testing
• Security testing
• Load and performance testing
• API automation
• Monitoring and observability
• Logs, metrics and traces
• Availability and latency
• Error handling
• Incident management
• SLA/SLO monitoring
• API performance optimization

Module 12: API Risk, Fraud & Compliance

• API-related operational risks
• Cybersecurity risks
• Fraud through APIs
• Transaction monitoring
• Data leakage risks
• Third-party risk management
• Regulatory compliance
• KYC/AML considerations
• Audit trails
• Risk-based API access
• Business continuity and disaster recovery

Module 13: API Banking Business Models & Monetization

• API Banking as a business platform
• Internal APIs vs partner APIs vs public APIs
• Banking-as-a-Service
• Embedded Banking
• Embedded Payments
• Banking-as-a-Platform
• API productization
• API pricing models
• Transaction-based monetization
• Subscription and usage-based models
• Partner ecosystem economics
• API business case development

Module 14: Embedded Finance & Banking Ecosystems

• Embedded Banking fundamentals
• Embedded Payments
• Embedded Lending
• Embedded Insurance
• Embedded Wealth
• Banking-as-a-Service ecosystem
• FinTech–bank partnerships
• API-driven marketplaces
• Platform banking
• Digital ecosystems
• Case studies of API-enabled financial services

Module 15: API Banking Strategy & Transformation

• Developing an API Banking strategy
• API-first vs digital-first strategy
• API maturity assessment
• Identifying API opportunities
• API product roadmap
• Legacy transformation strategy
• Build vs buy decisions
• Partner ecosystem strategy
• Governance operating model
• Investment and ROI considerations
• KPIs for API Banking

Module 16: API Banking Case Studies & Capstone

• Real-world Open Banking implementations
• API-enabled payment ecosystem
• Bank–FinTech integration
• Account Aggregator use case
• Embedded Finance use case
• Corporate Banking API use case
• API monetization case study
• API security incident case study
• Design an end-to-end Banking API ecosystem
• Develop an API product strategy

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