Xinja banks on Kong Enterprise to power digital banking platform
Kong Inc., the leading cloud connectivity company, today announced that Xinja Bank, Australia’s fully digital neobank, has deployed Kong Enterprise to power its modern, microservices-driven mobile banking platform. With Kong’s service connectivity platform, Xinja can now more effectively connect, secure and manage all of its APIs and services, while ensuring architectural flexibility and scalability as the company continues to innovate and grow. Kong makes it possible for Xinja to quickly deploy innovative new products and services that are available from any device, real-time and provide the responsiveness customers are demanding today.
As a 100-percent digital bank designed for mobile, Xinja is bringing a new kind of bank to customers and revolutionizing the entire banking experience. This includes not just providing traditional banking products but also integrating with other valuable products through open APIs to deliver a financial ecosystem to their customers. The launch of Xinja’s lending platform, currently being developed, will see the first introduction of Kong into Xinja’s infrastructure. “Our lending origination partner needed us to expose our APIs in a way that was secure and compliant with OIDC standards,” said Rohan Sharp, co-founder and head of architecture at Xinja Bank. “This was easy with Kong; not only could we comply with industry standards, but we could protect our APIs and internal landscape quickly and with low risk – while minimizing impacts on Xinja’s existing infrastructure.”
Kong Enterprise, combined with Kong’s extensive plugins hub, enables Xinja to open up its APIs in an efficient, rapid and scalable way that exposes the services as well as allows the team to structure and secure the APIs. The platform’s Developer Portal provides the company with an easy and flexible way to present a public-facing portal to the outside developer community who access its APIs. This will be crucial to Xinja’s business as the industry moves towards open banking and more third-party developers start to engage with the application.
Beyond using Kong to more efficiently collaborate with third-party developers, manage all external-facing API traffic and help handle continued traffic growth, Xinja also leverages Kuma’s universal service mesh with the Kong platform. The Kuma integration allows the team to easily implement a service mesh to apply consistent policies and access controls across its internal microservice landscape, which works seamlessly with both the external and internal-facing API gateways.
“Because Xinja’s technology is built on microservices using containerized and serverless deployments, Kong’s cloud native and Kubernetes-native platform aligns much better than its competitors with our technology architecture,” said Sharp. “It sits well in our technology stack as a containerized service deployable in our environment, making it easy to manage and deploy, just like any of our other services on Xinja’s platform. Most importantly, Kong enables us to innovate at the highest level and bring modern banking to Australia.”
Built on Kong’s core open source technology, Kong Enterprise is an end-to-end service connectivity platform that enables organizations to effectively secure, connect and orchestrate their APIs and services. Designed for the modern era of software development including microservices, service mesh, serverless and other emerging architectures, Kong’s platform acts as the nervous system of the cloud – intelligently connecting all of a company’s APIs and microservices natively within and across clouds, Kubernetes, data centres and more. This helps developer teams create scalable, microservice-driven applications that drive business growth.
“In today’s new digital reality, companies must embrace digital innovation, or they will be left behind,” said Augusto Marietti, CEO and co-founder of Kong Inc. “By taking a fully digital approach and building its technology on cloud native, microservices-driven architecture – all powered by Kong – Xinja is well-positioned to truly revolutionize the banking industry.”