OCBC makes open call to app developers

Singapore

OCBC Bank has opened up its set of code for use by third-party app developers, as Singapore plays out its smart nation ambitions in part through the use of APIs (application programming interfaces). OCBC's local peers are also ramping up engagements in this area.

APIs are sets of requirements - routines and protocols - issued by a business or institution that determine how one application communicates with another. For example, a Google Maps API lets app developers embed Google Maps in Web pages. With APIs, software developers can shave the time needed to build new apps, and update the information embedded.