Posts Tagged: open banking

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

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

Using Canary Release To Ease API Versioning

One of the greatest struggles an API provider can face is how to manage versions and builds from instance to instance. The constant need to iterate matched with the constant need to organize has made versioning a controversial and often discussed facet of modern API development. Read more

From API Doing to API Thinking In a Major Bank

From API Doing to API Thinking in a Major Bank

In any sizable organization, it’s hard to feel like you can make a difference with just your tech skills. There’s no surprise that software engineer Flavia Sequeira felt exactly that when she joined ING — the multinational banking firm with over 50,000 employees — in 2013. Read more

Creating a Microservices Framework at CIBC: A Case Study

Financial services is on the cusp of becoming an integral part of the API Economy. Market forces — both disruptive in terms of new offerings from FinTech and regulatory in the form of anti-competitive legislation — are resulting in an increasing number of financial service providers offering APIs. Read more