Define an API as a software intermediary and standardized messenger enabling cross‑company interaction. Explore open public, partner/private, and internal APIs, their pricing models, and how APIs boost distribution and innovation.

Discover how APIs enable travel bookings and ride-hailing by connecting airlines, aggregators, and partners; learn how Uber aggregates third-party services like maps, payments, and communications.

Learn how an account information service provider enables explicit consent, read-only access to bank data under PSD2, delivering a secure single sign-on view for financial advisors while protecting GDPR.

Aspsp, your bank, holds your account and enables payment orders; it must honor explicit consent and share account data with initiation service providers under open banking and PSD2.

Explore API banking through real-world examples like Alexa with Capital One and Facebook Messenger transfers, illustrating open banking via bank APIs and third-party fintech integration.

Explore the rights individuals have under GDPR, including the right to be informed, access, rectification, erasure, restriction, data portability, and objection to processing, plus automated decision making and profiling rights.

Explain GDPR penalties: 10 million euros or 2% turnover for breaches, and 20 million euros or 4% for major breaches, with Google's 15 million euro fine as an example.

Enable consumers to control their data, standardize formats, and foster digital economy growth by driving secure, seamless open banking through PSD2 and GDPR, boosting innovation and competition.

Identify the customer, fintechs, banks, and regulators as stakeholders in PSD2 and open banking, and explain how data portability and API access enable competition, customized products, and risk assessment.