Posts Tagged: open APIs

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

How Can Consumers Relate To Open Banking?

Open banking has garnered a lot of attention recently. With the introduction of UK open banking and Payment Services Directive 2 (PSD2) becoming law across the European Union, regulations are fundamentally altering the way banks handle personal data. The movement is also not restricted to Europe, with regulators in the USA having released their intentions in October 2017 on access to bank accounts. Read more

The OpenAPI Specification Turns 3

Big news in the world of APIs! Today, the Open API Initiative (OAI) released its 3.0.0 version of the OpenAPI Specification. In case you missed our past coverage of this evolving specification, the OpenAPI Spec (OAS) has quickly become an industry standard method to describe web APIs. Read more

Lean and Mean Open Data Machines

Open data folks could have a lot to learn from the API community, and vice-versa is true too. As the open data field is about exposing information, there is much overlap between open data and APIs or Application Programming Interfaces, which expose an application’s data or functionalities for third party integration. Read more