Silicon Valley Bank opens up throttle for API banking

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Image Source: Article

US-based Silicon Valley Bank (SVB) has launched new APIs to let its clients programmatically open bank accounts, and send payments using a credit card network and via the automated clearing house (ACH) network.

Dan Kimmerling, director, API banking at SVB, says its goal this year is to “develop a broad array of APIs” and wants feedback – “the good, the bad, and the ugly” – from its customers on these APIs.

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