Chris Wood

Chris Wood

Chris Wood is freelance architect, developer and writer based in the UK. He's blogged for Nordic APIs since 2015 and loves to tell a story and use words that show how clever he is ;0) Connect with Chris on Twitter.

Posts By: Chris Wood

How Can Consumers Relate To Open Banking?

Open banking has garnered a lot of attention recently. With the introduction of UK open banking and Payment Services Directive 2 (PSD2) becoming law across the European Union, regulations are fundamentally altering the way banks handle personal data. The movement is also not restricted to Europe, with regulators in the USA having released their intentions in October 2017 on access to bank accounts. Read more

The Evolution of the API Marketplace

People love marketplaces. Offline, at the winter fair or at the souk, marketplaces provide consumers with the ability to browse for the goods they like and haggle over the price. Who doesn’t love a bargain? Online marketplaces like price comparison websites retain this tradition, allowing consumers to find the best deals for insurance, credit cards, and so on. Read more

Creating a Microservices Framework at CIBC: A Case Study

Financial services is on the cusp of becoming an integral part of the API Economy. Market forces — both disruptive in terms of new offerings from FinTech and regulatory in the form of anti-competitive legislation — are resulting in an increasing number of financial service providers offering APIs. Read more

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

An Introduction to APIs For the Uninitiated

If you have arrived at the Nordic APIs blog there is good chance you have some inkling of what an API is and why you might need one. However, for the uninitiated, APIs (Application Programming Interfaces) and especially the API economy can be a confusing and fragmented space with some loose standards, an incredible amount of diversity, and a seemingly impenetrable barrier of technical jargon. Read more