API

More generic posts and blogs relating with Application Programming Interfaces (APIs) including Open Banking and PSD2

Mireia Tomàs Marketing Manager at Triple

What is an API and how can banks and fintechs use them?

In the past years, the financial sector has been digitally transformed, we could say one of the most. In short terms, the emergence of open banking has led financial institutions to use the famous APIs. What for? To offer more services that were not offered before and to automate others. Here we tell you what they are and what they are for. What i...

16 November 2023 /payments

Greg Waisman Co-Founder and COO at Mercuryo

The Role of Fintech Innovation in Boosting Financial Service Synergy

It's no secret that the demand for fintech solutions is growing steadily. According to a recent report, the global value of the financial technology industry is expected to reach $324 billion by 2028 at a 25.18% CAGR over the period of 2023-2028. As I see it, the rise of the fintech industry as a whole will also have a major positive impact on the...

02 November 2023 /payments /inclusion

Andy Zollo Regional Vice President - EMEA at Imperva

API abuse highlights the dangers of unsafe Open Banking implementation

This year marks the fifth anniversary of Open Banking in the UK. The regulation continues to gain momentum among consumers. At the end of 2022, there were more than 6.5m regular, active users and nearly 250 regulated third-party providers in the UK, compared to 338 across the whole of the European Economic Area. Open Banking has created a number o...

08 March 2023 /security /retail

Alex Walling Field CTO at Rapid

In an industry struggling with API complexity, can serendipity help?

If you’ve never seen it, do yourself a favour and check out Steve Jobs’s Stanford 2005 commencement speech. In it, one of the most successful business people of all time listed key events and decisions that he made early on—good and bad—that ended up shaping his career. Those included dropping out of college, getting fired, and taking a calligraph...

28 February 2023 /cloud /devops

Ali Hamriti Co-Founder and CEO at Rollee

Gig Workers Denied Equal Opportunity to Financial Services - A Cue for Change

Gig workers are a rapidly growing population, and this growth has been amplified with the cost-of-living crisis which has forced 5.2m workers to take on extra jobs. From delivering takeout in the evenings, providing a taxi service or freelancing, this group of employees are combating the stresses of the cost-of-living crisis with additional work. ...

16 February 2023 /people /markets

Mindaugas Mikalajūnas CEO at SME Finance

3 API traps to avoid for legacy banks targeting SMEs

Legacy banks are great. I say that as someone who used to work for one (for the record, it was Nordic banking leader Swedbank, with net income just over €5 billion). Behemoths like Swedbank are geared up to deal with millions of consumers and include some of the biggest corporations on the planet. That’s heavy duty. However, typically they are no...

15 February 2023 /payments /markets

Kenneth Arakelian CPO at ENACOMM

An Open API Digital Gateway Offers a CX Advantage

The cloud computing revolution transformed the digital world, and infrastructure became software. Thanks to this evolution, the time and cost between idea and launch was slashed in half. For the financial services industry, cloud computing was the launching pad for both the Platform-as-a-Service (PaaS) – which enables already-established financial...

27 July 2022 /retail /cloud

Stacey Zuniga SVP FinTech Business Strategy at ENACOMM

Fintechs and Financial Institutions Can Step Into the Future Through a Digital Gateway

Financial technology can be a multiplier for financial technology. What does that mean? Fintech companies can work with other fintech companies to more quickly advance their solutions. Rather than creating different versions of products and services for every banking core, an open API digital gateway offered by a partner fintech can make it possibl...

08 June 2022 /retail /cloud

Trent Bigelow CEO and Co-founder at Abound

7 Unique Features 1099 Workers Expect From Their Bank

If freelancers created a banking app that met their unique needs, what would it look like? We all see the commercials for banks advertising "new ways of banking," yet their innovations seem to be variations on the standard bank account — which also means that there's an assumption that everyone makes money the same way. But not everyone i...

11 March 2022 /retail /startups

Jacob Ideskog Chief Technology Officer at Curity

Securing the API Economy

The digitalisation of business operations is continually changing, but some clear trends have emerged. It is now common for big businesses to employ multi-cloud strategies, bringing in third party technology to support business goals that revolve around advancing customer experience and delivery of digital services. Application Programming Interfa...

10 February 2022 /devops