Challenge To improve policy-making communication and insights, Israel’s Ministry of Welfare and Social Affairs (MOLSA) wanted to create a common business language and better share data with its external users. Business units were spending too much time gathering and resolving data with municipalities, which meant less time spent on shaping policy. MOLSA needed an easy-to-use interface that would let staff automatically integrate, validate, and publish data in well-designed, interactive reports. Another key need was providing this operational data in an offline mode for easy access and filtering. Open APIs create mutual opportunity for both banks and fintechs—and banks have the ability to play both roles (ASPSP and TPP).

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