Royal Bank Of Canada Launches API Developer Portal
Royal Bank of Canada (RBC) has become the first bank in the country to launch an Application Programming Interface (API) developer portal.
The RBC Developers portal will allow eligible, external software developers, industry innovators and clients to access select RBC APIs.
RBC Digital Technology senior vice president Sumit Oberai said: “Across other industries we’ve seen the transformational effect of APIs.
“By providing external developers, industry innovators and clients with access to select RBC APIs, we have the opportunity to increase connectivity, create new tools and experiences for clients, and enable open and innovative collaboration to improve the future of banking.”
APIs allow applications to talk to other applications. This communication layer allows third party applications secured access to select data and capabilities from RBC. Once registered and approved to use the RBC Developers™ portal, external parties will be able to browse and learn about the APIs offered and build, test and deploy their applications using these APIs.
RBC is initially offering five API packages in the portal. Each API package delivers the data elements, orchestration and business logic required to deliver the end to end business process. Additional API packages will be added in the future.
Credit card catalog API – Provides access to credit card rates and fees through a business oriented interface. These values are organized in terms of line of business, product family, and individual products
Minimum down payment API – Calculates the minimum down payment required for a given purchase price of a home
Branch locator API – Accepts postal code or keyword search term and returns the address and hours of operation of the closest branch, or a list of the closest branches
Amortization schedule API – Calculates the number of payments associated with a mortgage amount, amortization period, interest details and payment details
Safety deposit box inventory API – Provides safety deposit box information at a specified branch
Source: Company Press Release
USAA To Gift Vehicle To Military Family In The Chicago Area
USAA proudly announces the donation of four National Auto Body Council (NABC) Recycled Rides®. Read more
Former Army Maj. Gen. John B. Richardson IV Joins USAA To Lead Military Affairs
Two-star general and decorated combat veteran to bring forward-looking vision in continued service to military members a... Read more
Steeped In Tradition: USAA Kicks Off 124th Army-Navy Game Celebrations In A Massive Way, Honoring 250th Anniversary Of The Boston Tea Party
USAA honors history of rivalry game and the city, bringing giant bag of tea to Boston’s historic sites Read more
USAA Life Insurance Announces New Relationship With Trust & Will
USAA Life Insurance Company, a leading financial services brand for military members and their families, and Trust &... Read more
“Go Beyond Thanks:” New Survey Reveals We Should Do More Than Simply Thank Our Veterans For Their Service
Data Reveals Half of Military/Veterans Surveyed Feel Uncomfortable or Awkward When Someone Says the Phrase “Thank You ... Read more
USAA Expanding Education Program To Include Tuition-Free Support For Employees And Employee Dependents
Company also announces student loan 401(k) contribution match up to 8% Read more