Posts Tagged: finance

The Promise of Open Banking: A Nordea Case Study

There’s a particularly apparent trend in today’s economy: we’re moving away from big, centralized systems towards collaborative, access-based ones. It’s changed the way we shop with websites like eBay, the way we travel with apps like Uber, and the way we get a good night’s rest with portals like Airbnb. Read more

The Importance of APIs for Payment Platforms

APIs have transformed the way we purchase, and now they are poised to completely change our payment experience. Customers increasingly demand secure, interconnected, and intelligent digital payment services. Across the whole range of the payment space the most forward-looking companies embrace an API-first approach in their product development. Read more

High-Grade API Security For Banks

Financial institutions occupy a special zone for APIs largely because of how stringent the regulatory compliance rulesets are. The data that financial institutions leverage are protected widely by a variety of regulatory ordinances, and as such, this data has to be stringently controlled, secured, and managed – hence why high-grade API security is such a serious concern. Read more

PSD2 Sanctions Access to Personal Banking Data, Amplifying FinTech Growth

On the European FinTech stage, forthcoming initiatives and regulations will both disrupt and foster innovation in the banking sector of the API economy. The most significant of these is the Payment Services Directive 2 (PSD2), a new regulation that will apply across the European Union and is likely to result in a huge increase in the number of APIs for banking products. Read more