Posts Tagged: initiative

Why Do FinTechs Want To Save Screen Scraping?

The European financial services industry is on the cusp of a technological revolution. Reforms like PSD2 and the CMA initiative in the UK are forcing traditional banking institutions to enter the API Economy as active participants.

Great news for the FinTech scene, one would think; at last the banking platforms are being opened up ready for third-parties to securely access a customer’s data without the need to screen scrape online banking interfaces (also frequently referred to as ‘direct access’). Read more

What the Open API Initiative Means for the API Space

As the API community starts a new year, we do so with an increasingly wide choice of API description formats at our disposal. However, a development late last year promises to alter this landscape by introducing an initiative aimed at standardizing how APIs are described.  Read more