HSBC and NAB open API developer portals

HSBC in the UK and Australia’s NAB are both entering the API game by opening developer portals that give third parties access to some of their data. HSBC has acted quickly to meet the UK Competition and Markets Authority’s decision to require big banks to open up certain data via APIs by the end of the first quarter of 2017. The bank has so far made three APIs available for branch and ATM locators as well as a product finder – which are CMA mandated as part of an effort to help smaller providers and new entrants take on the high street giants and force them to work harder for their customers. Read more: finextra.com