API Monetization Models
Possible routes to generating revenue from APIs
APIs, and the data behind them, are expected to emerge as important assets as banks consider new ways of generating revenue. The industry is exploring several different ways of charging for API-based services thus giving rise to several monetization models. But these business models are new to the industry, and it will take a while for banks to realize optimal monetization models for different types of engagements. At this point, the possibilities appear to be wide open.