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Sandbox APIs simulate regulated environments so developers can test real financial logic without exposing customers or violating compliance rules.
https://spencerooonm.laowaiblog.com/37579083/an-australian-financial-regulatory-sandbox-api-is-a-gateway-for-experimenting-with-payments-lending-and-digital-banking-systems-as-australia-pushes-toward-rapid-api-led-financial-innovation