Challenge:Visa needed a secure and reliable way to expose financial services APIs to banks, fintechs, and partners under Open Banking regulations.
Solution:
- Used API gateways and traffic management tools (such as Akana and Apigee).
- Focused on security (OAuth 2.0, mutual TLS, threat detection).
- Implemented API analytics to track usage, errors, and latency.
Results:
- Scaled securely to support millions of transactions per day.
- Empowered innovation in fintech with controlled, regulated API access.
- Boosted transparency and compliance with global financial standards.