Improve Your API Processes to Secure Your Fintech Integrations
Implementing and configuring your API gateway is critical to securing your fintech integrations.
Your banking needs to use an external fintech product and service that require externally facing APIs. You must ensure it is done securely, but the breadth and complexity of external APIs is overwhelming.
驰辞耻鈥檙别 struggling with fintech integration security because:
- You have realized that your bank 诲辞别蝉苍鈥檛 even know about all the APIs that may be in use.
- API-based security threats have experienced a dramatic increase in sophistication from increased use of AI- or ML-based threats.
- There are so many elements to API that you are unsure of where to start and what security investments will deliver the greatest improvement to your fintech API security.
Our Advice
Critical Insight
Your bank is fearful of enabling external APIs because of the potential security risks, and the process of securing them seems filled with complexity.
Banks are struggling with API security because:
- It is difficult to understand the entire API landscape. You 诲辞苍鈥檛 have a way to survey your APIs in production.
- Your bank is unsure what an API gateway is and what benefits it can bring to your fintech security.
- Banks that have an API gateway 诲辞苍鈥檛 have a tool to evaluate its current state of maturity.
- It is difficult to understand how to reconfigure and improve your API gateway without understanding your gateway鈥�s current state.
Impact and Result
- Once you have completed your API security improvements, your bank will dramatically improve its API security by identifying all APIs in production and creating a catalog with complete documentation.
- You will understand the role and importance of an API gateway to your bank as well as the impact of other various deployment models that are available.
- Finally, you will compare your API transaction details to a best practices-based example. By understanding and adopting best practices, your bank鈥檚 API transaction-level security will be elevated.
About Info-Tech
91制片厂 is the world鈥檚 fastest-growing information technology research and advisory company, proudly serving over 30,000 IT professionals.
We produce unbiased and highly relevant research to help CIOs and IT leaders make strategic, timely, and well-informed decisions. We partner closely with IT teams to provide everything they need, from actionable tools to analyst guidance, ensuring they deliver measurable results for their organizations.
What Is a Blueprint?
A blueprint is designed to be a roadmap, containing a methodology and the tools and templates you need to solve your IT problems.
Each blueprint can be accompanied by a Guided Implementation that provides you access to our world-class analysts to help you get through the project.
Need Extra Help?
Speak With An Analyst
Get the help you need in this 4-phase advisory process. You'll receive 7 touchpoints with our researchers, all included in your membership.
Guided Implementation 1: Discover and Document Your APIs
- Call 1: Initial exploration of APIs/API security, API gateways and the key issues and challenges
- Call 2: Initiate API discovery in your bank. Approaches to identify all APIs
Guided Implementation 2: Evaluate Your Current API Gateway Capabilities
- Call 1: Determine your API gateway current state using the API Gateway Maturity Assessment Tool
- Call 2: Review the output of your API gateway maturity assessment
Guided Implementation 3: Evaluate Your API Processes
- Call 1: Use your assessment results to create an API gateway improvement plan
- Call 2: Review improvement progress and assess which APIs are suitable for migration to an API gateway
Guided Implementation 4: Use Your Gap Analysis to 91制片厂 an Improvement Plan
- Call 1: Follow up on API migration to your API gateway. Debrief session, gather feedback and assess further requirements