API Data

Technology

Definition

API Data is data made available to an API User or a TPP through the APIs. This includes account information, transaction history, and balance data that can be accessed with proper authorization and customer consent.

Related Terms

Frequently Asked Questions

What is API Data?

API Data is data made available to an API User or a TPP through the APIs. This includes account information, transaction history, and balance data that can be accessed with proper authorization and customer consent.

What does API Data stand for in Open Banking?

API Data is a key term in the Open Banking ecosystem. API Data is data made available to an API User or a TPP through the APIs. This includes account information, transaction history, and balance data that can be accessed with proper authorization and customer consent.

How is API Data used in Open Banking?

API Data is a technical standard or specification used in Open Banking implementations. It helps ensure secure, standardized communication between banks, third-party providers, and applications.

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