1. New Approach: Banking APIs
• APIs are used for the exchange of financial information.
• Advantages of API integration (real-time capabilities, flexibility, reduced need for layout updates).
• Example of use with SAP Integration Suite and Open Banking in billing, payment, and statement processes, as well as for loading foreign exchange data and instant payments.
2.Comparing: Files (Reports/PMW) vs. APIs
Feature Files (Reports/PMW) Bank APIs
Speed Batch processing Real-time
Flexibility Fixed layouts (require adaptation) Dynamic communication
Maintenance Dependency on layout updates Automatic updates
Security Files can be intercepted. Direct and encrypted communication
Complexity ERP configuration and banking Use of middleware and web services
parameterization
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