1 Rating
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Score 9 out of 100
31 Ratings
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Score 7.5 out of 100

Likelihood to Recommend

BankingOn Mobile Banking Platform

Without a doubt, I would recommend this great platform for all those people who are looking for a place where they can develop a system where customers can complete all kinds of payments and where online payments from a computer are a thing of the past. BankingOn allows all users to develop an application in a very few steps and without having to know much about programming, in addition, BankingOn has an optimized and updated design for all types of banking applications, and has very good API connectivity with the system banking. This is an excellent option to develop applications that modernize the banking sector and make it even more productive.
Carmen Rodriguez | TrustRadius Reviewer

IBM API Management

If you are truly using IBM API Management for an API gateway, you will be ok. if you start trying to build custom scripts to transform messages complex in nature, it will soon become unmanageable.
Brent Heezen | TrustRadius Reviewer

Feature Rating Comparison

API Management

BankingOn Mobile Banking Platform
IBM API Management
8.0
API access control
BankingOn Mobile Banking Platform
IBM API Management
8.0
Rate limits and usage policies
BankingOn Mobile Banking Platform
IBM API Management
9.0
API usage data
BankingOn Mobile Banking Platform
IBM API Management
9.0
API user onboarding
BankingOn Mobile Banking Platform
IBM API Management
7.0
API versioning
BankingOn Mobile Banking Platform
IBM API Management
7.0
API monitoring and logging
BankingOn Mobile Banking Platform
IBM API Management
8.0

Pros

BankingOn Mobile Banking Platform

  • BankingOn has allowed us to launch and insert all kinds of improvements or modifications to our mobile application of the banking system in just a few seconds. This platform allows me to implement new services or improvements in my banking system instantly, and my clients can see all those improvements in real time and updating the banking application, without having to wait so long to see the changes made by us.
  • BankingOn offers me an excellent alert and report system, which is able to notify me of the exact moment when a user has a problem with our banking system. For us, it is very important to establish a successful mobile banking application for customers, therefore, the alert system has allowed us to correct all kinds of errors and give a quick solution to all customers who have problems with our services.
  • I love the way that BankingOn makes an automated report on the amount of criticism we have received and where our reputation is trending. This automated reputation study has allowed us to know what kind of impact we are having on customer satisfaction without the need for any manual process.
Carmen Rodriguez | TrustRadius Reviewer

IBM API Management

  • Import APIs - We have an existing inventory of APIs and services, so having an easy import process was required. IBM provides the ability to import Swagger so the process was quick and easy.
  • Service Offerings - Can create plans to control various model offerings for varying clients depending on the need. You are not locked into a tier structure and can customize if a need arises.
  • API Usage - visibility into the use of an API with a wealth of reporting information allows you to support an API from a production use to trending and forecasting any future growth.
Brent Heezen | TrustRadius Reviewer

Cons

BankingOn Mobile Banking Platform

  • One of the things that BankingOn offers is the fact that the user will not be alone during the development or general learning of the functions that this platform has, offering the possibility of obtaining help from experts in mobile devices who can give a successful contribution to creating an app, however, this is the main feature that I don't like about BankingOn. The expert help section is very limited, and it is not always available, you have to wait a certain amount of time to be able to be helped by one of the experts, the help is never instantly as it should be. This is something that affected us in a certain way as we had to learn to use BankingOn on our own.
Carmen Rodriguez | TrustRadius Reviewer

IBM API Management

  • Troubleshooting deployment pipeline - identifying issues with your api based on restrictions through a deployment pipeline is difficult. If a quality assurance environment is less stringent than a production environment, making sure your api is accessible and configured appropriately is tough.
  • Code level scripting is limited to javascript and xslt. so if any complex fanning needs to occur, you are limited in tooling.
  • Administration is more cumbersome than it needs to be. There are roles/profiles that are defined, but to use a group email for the approval or use of an api needs to managed better. A more thorough thought process needs to be defined - which I think IBM is tackling as an improvement.
Brent Heezen | TrustRadius Reviewer

Alternatives Considered

BankingOn Mobile Banking Platform

Chime is a good alternative because Chime offers a service similar to BankingOn, both platforms are capable of creating highly optimized applications, with a good capacity to complete all kinds of online payments and with a perfect interface to make all kinds of changes in the app when needed. However, the reason I chose BankingOn is because it is a platform that allows me to make changes and implement new services to my banking system in real time, compared to Chime, which takes even longer to process the changes made by the user. , these changes take even longer to be seen by the customer using the banking system.
Carmen Rodriguez | TrustRadius Reviewer

IBM API Management

There are a lot of similarities between Apigee Edge and IBM API Management. Some of the differences at the time of this posting is...1) IBM APIM/C integrates better with other products. Dynatrace is used to track API and service specifics with the ability to offload those statistics for operational reporting.2) If you are evolving from DataPower, IBM API Management is a logical choice to support additional REST APIs.3) Generating keys is simple. Integration of those keys with a secure data vault is easy as well for your consumer.
Brent Heezen | TrustRadius Reviewer

Return on Investment

BankingOn Mobile Banking Platform

  • It has managed to generate even more transactions between our clients through their bank accounts. BankingOn has allowed us to offer a system where our clients can complete even more transactions from anywhere just by accessing from their mobile phone, it is great how banking transactions have increased since we developed the application.
  • We have been more constant and punctual with updates and with the implementation of new services to our banking system. BankingOn has allowed us to add new things to our banking system in real time and without any delay in the visualization and access of the clients.
  • BankingOn has allowed us to offer greater satisfaction and security to all our clients. This platform has enabled us to design a totally secure mobile phone application where our clients can complete all types of payments without risk.
Carmen Rodriguez | TrustRadius Reviewer

IBM API Management

  • Centralizing on an API management platform was imperative. Being able to support SOAP UIs as well as REST APIs was required. Because of the tooling, service inventory and provisioning can be managed - regardless of the pricing and cost structures are used.
  • Constructing plans that provide tiering options based on rate limits help in onboarding new consumers. The lesser cost in onboarding through an API gateway outweighs the cost of modifying/configuring an API to handle multiple clients.
  • Defining guidance and onboarding practices while rolling out the product also helps in the adoption, reference architecture, and governance that can save your company money.
Brent Heezen | TrustRadius Reviewer

Pricing Details

BankingOn Mobile Banking Platform

General

Free Trial
Free/Freemium Version
Premium Consulting/Integration Services
Entry-level set up fee?
No

IBM API Management

General

Free Trial
Free/Freemium Version
Premium Consulting/Integration Services
Entry-level set up fee?
No

Rating Summary

Likelihood to Recommend

BankingOn Mobile Banking Platform
9.0
IBM API Management
8.0

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