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Amplify Open Banking Reviews & Product Details

Amplify Open Banking Overview

What is Amplify Open Banking?

Amplify Open Banking gives you the tools to accelerate your open banking strategy and rise to the evolving challenges of regulatory compliance, consumer trust, and operational efficiency. Bringing the future of open banking and finance together Amplify Open Banking combines an intuitive developer experience with regulatory compliance and secure data management. Comply with the CFPB Dodd-Frank Act Section 1033 Enforcement of new regulations granting U.S. consumers the right to access and share their financial data kicks in by the end of 2024. Amplify Open Banking and Finance helps you comply by eliminating screen scraping and strengthening consumer consent. Amplify Open Banking provides prebuilt APIs that comply with key regulations such as the CFPB Dodd-Frank Act Section 1033. The platform eliminates insecure data practices like screen scraping and enhances consumer consent management. This simplifies legal reporting, ensuring that financial institutions can meet evolving regulatory requirements while maintaining security. Using APIs for open banking integration offers several advantages, including secure data access, reduced operational disruption, and faster time to revenue. With Amplify Open Banking, financial institutions can easily manage customer data, integrate new digital services, and build secure collaborations with fintech partners, allowing them to expand their services and boost customer satisfaction.

Amplify Open Banking Details
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Product Description

Amplify Open Banking gives you the tools to accelerate your open banking strategy and rise to the evolving challenges of regulatory compliance, consumer trust, and operational efficiency.


Seller Details
Seller
Axway
Year Founded
2001
HQ Location
Phoenix, AZ
Twitter
@Axway
5,015 Twitter followers
LinkedIn® Page
www.linkedin.com
1,724 employees on LinkedIn®
Ownership
AXW.PA
Total Revenue (USD mm)
$299
Description

Axway gives heritage IT infrastructure new life, helping more than 11,000 customers worldwide build on what they already have to digitally transform, add new business capabilities, and drive growth. With our Amplify API Management Platform —the only open, independent platform for managing and governing APIs across teams, the hybrid cloud, and third-party solutions — we help companies move forward faster, reach new markets, and create brilliant digital experiences. Our MFT and B
B integration solutions have been trusted for
0 years. Axway (Euronext: AXW.PA) employs over 1,800 people in 18 countries.


Ghianda B.
GB
Overview Provided by:
Customer Marketing & Advocacy
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