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More generic posts and blogs relating with Application Programming Interfaces (APIs) including Open Banking and PSD2
The UK’s own Open Banking Standards and the European Payment Services Directive current wave (PSD2) are both indications that a more open approach to transactions between financial services institutio...
Bank offerings and customer expectations are evolving fast. For each specific client need, specific solutions need to be built, requiring lots of investments, IP and expertise. To keep up, banks can’t...
We’re fast approaching a complete transformation in the way we consume financial services. In the future, the bank as we know it won’t define how its services are delivered, the demands and expectatio...
Open banking is about building and integrating an ecosystem of digital products, designed for one purpose – to create a seamless user experience. What we at Cloud Elements have seen over the past seve...
The speed at which consumers have adopted mobile digital platforms is testimony to how highly they prize the convenience of mobile apps. But just as the advent of supermarkets made shopping easier by ...
I have worked closely with financial institutions, particularly on building banking sandboxes in Nordic and North European countries, so that third party API consumer developers can build new innovati...
It may be hard to know the difference between Socialism and Communism for some. I think the same dilemma exists between Open Banking and Platform Banking definitions – as both sound very similar but a...
Banks struggle to balance two imperatives: to open their systems to external partners and clients via application programming interfaces (APIs) and to control the user interaction. In order to maintai...
In the traditional two or three-tier world of web development, there is an inherent trust between the client and the server. Each is contextually aware of the other and withholds or shares informatio
I’d like to clarify some things about the use of HTTP verbs for RESTful APIs and the apparent misconceptions these can bring about. Firstly, there are a few people who believe that RESTful APIs are p
Designing APIs often leads to a compromise between producers and/or consumers. Consumers of APIs would like the interface to be as close to their requirements as possible; they want to avoid possible
The humble restaurant menu follows a common pattern where menu items are generally separated into a logical hierarchy. At the top level, we may have breakfast items, dinner items or drinks items. Each...