Posts Tagged: Open API

How Does Open Banking Apply to US Banks?

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

Review of Supermodel

Perhaps one of the most important elements of any implementation leveraging data is the actual modeling of the data itself. Data is only useful when it’s understood and contextualized – when it’s ultimately either shared or made into information. Failing to actually model this data in an understandable way is damaging, and can seriously hamper any effort to develop a product. Read more

Bring on the Players: Who Wins in Open Banking?

It’s fair to say that the current noise around Open Banking is almost deafening. We constantly hear about the potential of this new market — driven by APIs — to change financial services by increasing consumer choice, crushing incumbent banks, or making a barrel of cash for a cool startup. Read more

Austin API Summit Wrap Up

Mic check. 1-2-3. Earlier this week, Nordic APIs held a 2.5 day event, jam-packed with workshops, 30 speakers, and critical insights on building success in the API ecosystem. This was our first ever conference in Austin, and our 2nd ever Nordic APIs event in the United States. Read more

Open Banking Amplifies the Need For Definition Driven APIs

In today’s global economy, it’s no secret that consumer power is growing. Organizations all over the world are rethinking their digital strategies to maximize their customer focus and engagement. In fact, customer engagement is the catalyst that jumpstarts digital transformation, mobile first, and other strategic initiatives that aim to bring legacy systems into the modern digital age. Read more