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Talking Shop: Using APIs or Host-to-Host for Bank Connectivity

By October 21, 2021No Comments

Editor’s note: NeuGroup’s online communities provide members a forum to pose questions and give answers. Talking Shop shares valuable insights from these exchanges, anonymously. Send us your responses: [email protected].

Member question: “Does anyone use host-to-host or API for bank connectivity? We are exploring those solutions and would be great to have your input.”

Peer answer 1: “We use APIs for bank connectivity, from giving payment instruction to monitoring payment status to getting real-time balance and transaction details.”

Peer answer 2: “We do not use APIs for bank connectivity today. We use host-to-host and we are currently looking into SWIFT.”

Peer answer 3: “I asked my colleagues your question, and they told me the following:

  • ‘We have a few host-to-host solutions, though I would recommend APIs if they are starting from scratch.’”
Justin Jones

Author Justin Jones

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