Open Banking has been on our radar for several years now, with Nordics APIs first publishing a post on PSD2 back in 2016. Since then there’s been continual coverage in the financial industry press on the promise of Open Banking, with predictions of a “revolution” as FinTechs unlock the banking market and provide the tools, apps, and functionality that bank customers want yet are not provided by their banks. Read more
Posts Tagged: API economy
Building an API is like an orchestra: it takes a lot of instruments playing together and in-tune to get the right sound. If just one of those instruments is out of tune — or worse: missing completely — the end result is never quite what you had hoped for. Read more
We have recently seen plenty of notable IPOs coming out of the tech space, but as TechCrunch notes, we have yet to hit the peak.
Of past IPOs, Facebook () (which raised $16 billion on its opening day in 2012) and Alibaba () (which still holds, at $21.8 billion, the largest IPO of all time) are undoubtedly jewels on the crown. Read more
Unless you’ve been hiding under a rock, you probably have read a lot about data privacy in the headlines recently, specifically regarding the Facebook and Cambridge Analytica debacle. As reported by all major news outlets, the story goes that Cambridge Analytica harvested Facebook data through a quiz app that took the personal information from friends of users without knowledge or consent; an estimated 50 million Facebook accounts. Read more
In a speech at the 2016 GraphQL Summit, Lee Byron of GraphQL/Facebook put forward a “Secret Master Plan” outlining his hopes for GraphQL, the growing API standard.
In an ideal world, he said, he hoped that GraphQL adoption would look something like this:
- 1–3 months – Hobbyists and personal projects
- 6 months – Implemented in 3+ languages
- 9–12 months – New startups and small companies
- 1.5–2 years – Medium sized companies and products
- 2 years – Implemented in 10+ languages (actually took ~3 months)
- 2–4 years – Large companies and tech giants
- 4–5 years – Ubiquity!