STANDARDIZATION AND GOVERNANCE CHALLENGES IN OPEN API FRAMEWORKS FOR GLOBAL FINTECH INTEGRATION
Keywords:
Open API, Fintech, Governance, Global Integration, Standardization, Regulation, Cross-border paymentsSynopsis
The proliferation of Open APIs in global fintech has sparked rapid innovation and financial inclusion. However, their integration across borders is impeded by disparate governance models, regulatory inconsistencies, and lack of API standardization. This paper explores these challenges in the context of global interoperability and offers a layered analysis of the technical, regulatory, and institutional hurdles. It also examines existing frameworks and proposes a structured roadmap for harmonization
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