Posts By: Chris Wood

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

What’s New in OpenAPI 3.0

If you’ve been hiding under a rock for the past 18 months you may not know that the Swagger API specification, arguably the most popular specification format available to the API community, has been donated to the Linux Foundation to become the bedrock of the OpenAPI Specification. Read more