API Banking

TAB Bank leverages Open APIs to Offer Banking-as-a-Service

TAB Bank leveraged open APIs to digitize the bank, improve its service offerings, and offer banking-as-a-service to other businesses and institutions. With ValueMomentum’s support, TAB Bank implemented 110+ Experience Resources, 95+ Process Resources, and 65+ System Resources.

Business Need

With the goal of expanding their customer base and becoming a partner of choice for FinTechs, TAB decided to implement API-led connectivity to enable consumption-driven access to their core systems. As Open Banking is relatively unmapped territory, a lack of roadmaps and best practices made it clear that TAB needed a partner to help guide this initiative.

ValueMomentum is always willing to listen, talk through concerns and adopt solutions that will make the project more successful. Having a partner who cares about your needs and strives to do what’s right by you is what I value most in this relationship.

CIO, TAB Bank

Tools and Technology

TAB leveraged Mulesoft for development and integration. ValueMomentum’s technical expertise further expanded the technology resources to include QA, test automation, devOps, business intelligence, application development on Java, and microservices.

Success Factors

TAB credits the MuleSoft platform and ValueMomentum’s domain and technical expertise, as well as ValueMomentum’s end-to-end services for accelerating the development of its open banking platform.

Impact

TAB created an API integration strategy that successfully established an Open API Architecture, implementing 110+ experience resources, 95+ process resources and 65+ system resources in MuleSoft’s architecture layers.