Posts Tagged: banks

OpenID Connect: Overview of Financial-grade API (FAPI) Profile

Open banking continues to be a subject of keen interest in financial services, reaching “buzz word” status over the last few years. We’ve covered the growth of the ecosystem on the blog several times before, but haven’t yet studied the standards emerging both within and across open banking markets. Read more

6 Reasons for Banks to Embrace Open Banking

Open banking is an initiative that allows third-party financial services companies to access users’ banking data through the use of APIs. The primary goal of open banking is to put power back into the hands of customers, enabling them to securely use third-party financial products and services that rely on banking data or functionality. Read more

From Zero To Global: APIs at the BBC

It’s easy to think of large organizations and assume there’s one person overseeing all activity relating to, say, APIs or cloud services. In fact, that’s rarely the case. While the stability and financial backing offered by big companies is invaluable, it can also lead to tangled webs. Read more

How Banks Are Becoming Uberized

You’ve probably heard the “banks are becoming tech companies” sentiment. It’s an idea that’s been around for years, and it captures what seems like an evolution in the way we consume and use everything from food to money. As consumers, we want options at our fingertips, and perhaps it’s this forcing banks across the world to open up their services with APIs and microservices, and ultimately turning them into tech companies. Read more

A Pragmatic Take On REST Anti Patterns

Do you ever have those moments when you’re asked to do something that feels technically wrong? Putting milk in the cup before the tea? (a very British problem admittedly). An overflowing trash can YOU must always empty? We all have our pet peeves — it’s what makes us human. Read more