Banking from the Bus See how APIs power a productive commute This is Jeff. Every day, Jeff commutes from Oakland to What Jeff doesn’t know is that all his transactions San Francisco. use multiple APIs to transport data and facilitate It’s an hour on the bus, but Jeff doesn’t mind. He communication between apps. APIs build roads has some important tasks to take care of, including to previously inaccessible cities of data — making his banking. And he'll do it all on his phone. Jeff's banking quick and seamless. Jeff’s banking app sends him an alert. His checking account balance Jeff uses the app to transfer money has dipped below a previously from his savings account to his specified limit. checking account. He’s back in the safe zone. The alert came via a monitoring API, which opened The bank’s main account data regular traffic between Jeff’s API provided the route for Jeff account and the app, al owing to instantly transfer funds the app to send an alert as between the accounts, straight soon as his balance fell into from his phone. the danger zone. Jeff needs to deposit two paychecks. Using his bank’s app, he uploads images of the checks and deposits them to his account. No more trips His mom’s birthday is tomorrow, to the ATM! so Jeff uses points from his bank’s loyalty program to buy her favorite The bank’s mobile deposit API flowers. processes the check instantly with image uploading and The flower shop app connects optical character recognition. to the bank’s loyalty partner API, transporting Jeff’s points just in time. Jeff's electric bill is due by Friday. He pays it quickly and easily with his banking app. The bank’s mobile payment API communicates with the electric company’s payment API, al owing the funds to travel straight from Jeff’s account. Jeff gets a text from his friend. He owes her for the Neko Case tickets she bought. He transfers the cash using a popular online payment app. A P2P payment API helps transfer the funds from Jeff’s bank account to his friend’s account via the online payment service. Jeff arrives at the office. He’s done all his banking, and it’s only 9 am. While the bus transported Jeff to work, a col ection of APIs transported his data between his bank’s various IT systems and those of other financial service providers and retailers. Jeff saved a lot of time and money today — and so did his bank. With technology connected by APIs, banks can give their customers and partners the convenient experience they want. And with the right technology in place, the bank and its partners can ensure that Jeff’s information remains secure and everything runs smoothly.