We’ve now split out financial API ratings and the non-financial API ratings into separate weekly and monthly reports. This allows us to give you a more focused view on the different classes of APIs you care about.
In particular, we have been seeing increased adoption of and interest in APIs in the financial sector as uptake of Open Banking accelerates and APImetrics has over the last few weeks been able to add a many UK Open Banking APIs to the ones we monitor and the performance of which can be seen at our API.expert (http://api.expert) site.
Now, onto what the past week tells us about the state of the world of financial API ratings as we move further into October 2020.
API Performance Headlines
To compile our financial API ratings, we look at more than 200 APIs. Then we pull all the metrics together to give you a general feeling for financial API quality in a particular category.
We do see that certain providers consistently vie for top spot in their financial API ratings category.
Top Financial API Ratings – CASC Score
Oct 5–12, 2020
Category |
Organization |
CASC score
|
Cryptocurrency Exchanges
|
HitBTC |
9.23 |
Fintech |
PayPal (Sandbox) |
9.43 |
Open Banking: PSD2
|
Nordea Bank |
9.87 |
Open Banking UK: Sandbox
|
Royal Bank of Scotland (Sandbox) |
9.82 |
Open Banking UK: Production
|
Royal Bank of Scotland (Auth) |
9.25 |
Open Banking UK: Open Data
|
Bank of Ireland |
9.78 |
Top Financial API Ratings - Latency
Oct 5–12, 2020
Category |
Organization |
Median Latency
|
Cryptocurrency Exchanges
|
FTX |
213 ms |
Fintech |
Stripe |
307 ms |
Open Banking: PSD2
|
Railsbank |
102 ms |
Open Banking UK: Sandbox
|
Royal Bank of Scotland (Sandbox) |
151 ms |
Open Banking UK: Production
|
Tide (Auth) |
149 ms |
Open Banking UK: Open Data
|
HSBC |
84 ms |
Worst Financial API Rating Overall
Oct 5–12, 2020
Category |
Organization |
CASC score
|
Cryptocurrency Exchanges
|
Binance |
7.50 |
Fintech |
Open Bank Project (Sandbox) |
7.40 |
Open Banking: PSD2
|
DNB PSD2 (Sandbox) |
6.61 |
Open Banking UK: Sandbox
|
OBIE Software Statement |
6.03 |
Open Banking UK: Production
|
Vanquis (Auth) |
6.41 |
Open Banking UK: Open Data
|
Nobody below 8.00! |
|
Something of interest
Railsbank has the fastest median latency in Open Banking – PSD2.

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