Analysis of Fidel API, a financial infrastructure platform designed to unlock programmable money by providing real-time card transaction data. It highlights the challenges of the fragmented, legacy payments ecosystem, emphasizing the critical need for real-time, granular data that traditional Open Banking aggregators like Plaid often lack.

Fidel API's core innovation lies in its direct integrations with major card networks (Visa, Mastercard, American Express), abstracting complexity and providing a single API for developers. The document outlines its key products—Select Transactions API and Transaction Stream API—and illustrates their impact across various use cases, including loyalty programs, expense management, and digital receipts, all while emphasizing its robust security and PCI DSS compliance handling.

Ultimately, the text positions Fidel API as a foundational enabler for the burgeoning trends of Open Finance and Embedded Finance, allowing non-financial applications to trigger services instantly based on purchasing behavior.