Posts Tagged: FinTech

10 Payment APIs: Accept Credit Cards, Bank Accounts, BitCoin, and More

For the longest time, if you wanted to make or receive payments on the web, PayPal was the only option you had. Back then, the process wasn’t necessarily as user-friendly as it is today – but they did simplify how users could transfer money. 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

The API of Me

Here’s an interesting fact: If you live in the EU your personal data is yours. You are the owner of your data, a fact enshrined in law under the General Data Protection Regulations (GDPR). As owners of data and citizens of many economies — internet, application, information, API — we have a myriad of tools and technologies available to mine, mash up, and generally manage our data as we see fit. Read more

The Brilliance of Spotify Internal APIs to Mitigate Payment Complexity

The Brilliance of Spotify Internal APIs to Mitigate Payments

Adding new layers of complexity within a digital service without sacrificing user experience is a difficult endeavor. Especially for platforms that accept online payments and subscription formats, maintaining support for an increasing number of payment methods is deceptively complex.

Users don’t want to think too much about the payment process. Read more

CMA Will Save Open Banking APIs in Post-Brexit Economy

CMA Will Save Open Banking APIs in Post-Brexit Economy

“The storm had now definitely abated, and what thunder there was now grumbled over more distant hills, like a man saying ‘And another thing…’ twenty minutes after admitting he’d lost the argument.”

-Douglas Adams, So Long, and Thanks for All the Fish

Regardless of your point of view and the continued rumbles of the argument, Brexit is a fact: The United Kingdom will be leaving the European Union, most probably by summer 2019 if recent announcements at the Conservative Party conference are enacted by the government itself. Read more