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Write a short paragraph (2 to 5 sentences) with your reactions/thoughts on the lecture material with...

Write a short paragraph (2 to 5 sentences) with your reactions/thoughts on the lecture material with respect to the following prompt:

APIs help banks and fintech companies to collaborate in a way that leverages their strengths

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Financial banking companies are faced with expectations of maintenance of consumer satisfaction and they will also have to manage their rising cost so they had collaborated with the fintech companies and leveraged their application program interface so that they can enhance their service delivery and satisfy the personalized and customised needs of large group of customers. This is a Win-Win merger for both the banks and the fintech companies as they are leveraging their strength in order to maximize the benefits of each other through application program interface and they are also delivering their customers the best experience through customised delivery of service.

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