API

More generic posts and blogs relating with Application Programming Interfaces (APIs) including Open Banking and PSD2

Mindaugas Mikalajūnas CEO at smeGo

3 API traps to avoid for legacy banks targeting SMEs

Legacy banks are great. I say that as someone who used to work for one (for the record, it was Nordic banking leader Swedbank, with net income just over €5 billion). Behemoths like Swedbank are geared up to deal with millions of consumers and include some of the biggest corporations on the planet. That’s heavy duty. However, typically they are no...

15 February 2023 /payments /markets

Kenneth Arakelian CPO at ENACOMM

An Open API Digital Gateway Offers a CX Advantage

The cloud computing revolution transformed the digital world, and infrastructure became software. Thanks to this evolution, the time and cost between idea and launch was slashed in half. For the financial services industry, cloud computing was the launching pad for both the Platform-as-a-Service (PaaS) – which enables already-established financial...

27 July 2022 /retail /cloud

Stacey Zuniga SVP FinTech Business Strategy at ENACOMM

Fintechs and Financial Institutions Can Step Into the Future Through a Digital Gateway

Financial technology can be a multiplier for financial technology. What does that mean? Fintech companies can work with other fintech companies to more quickly advance their solutions. Rather than creating different versions of products and services for every banking core, an open API digital gateway offered by a partner fintech can make it possibl...

08 June 2022 /retail /cloud

Retired Member 

7 Unique Features 1099 Workers Expect From Their Bank

If freelancers created a banking app that met their unique needs, what would it look like? We all see the commercials for banks advertising "new ways of banking," yet their innovations seem to be variations on the standard bank account — which also means that there's an assumption that everyone makes money the same way. But not everyone i...

11 March 2022 /retail /startups

Jacob Ideskog Chief Technology Officer at Curity

Securing the API Economy

The digitalisation of business operations is continually changing, but some clear trends have emerged. It is now common for big businesses to employ multi-cloud strategies, bringing in third party technology to support business goals that revolve around advancing customer experience and delivery of digital services. Application Programming Interfa...

10 February 2022 /devops

Retired Member 

Disrupting API integrations and pushing Financial Services hypergrowth with market networks

For the past twenty or so years, market networks have been one of the most disruptive and powerful wealth-creating engines in the global economy. The benefits of bringing together two sides of a fragmented market through a single platform with integrated workflow tools so they can transact more seamlessly are well established. Innovation flourishe...

21 July 2021 /retail /markets

Abhinav Paliwal CEO at PayNet Systems

API integrations is the only way forward for financial institutions

API integration is and why is the way forward for financial Integrating new applications into the existing IT infrastructures is a pain for banks. They use 1000 unique applications; however, only 29% of them communicate with each other, according to Connectivity Benchmark report. To solve that and enable point to point integration, they spend time...

10 July 2021 /payments /startups

Retired Member 

Getting personal with APIs to unlock lending

Lending money is a risky business. The biggest challenge for any lender is how to balance service (the drive to serve as many customers as possible) with risk (the possibility of a customer defaulting on their loan payments). This calculation is made using a mix of information provided by the customer, insights from previous experience and, increas...

13 August 2020 /devops /inclusion

Retired Member 

Building for transparency and sustainability in finance

Financial products have a reputation for being difficult to understand when it comes to both terminology and functionality for everyday consumers. Customers often have to deal with an abundance of arcane jargon and long, convoluted application processes. One of the key goals of fintech has been to broaden access to financial products by increasing...

05 August 2020 /sustainable /devops

Retired Member 

Why communities naturally reduce financial risk

Sometimes an idea is so good that everyone has it at once. One such idea is the ROSCA - a rotating savings and credit association - known as ekub in Ethiopia, cundinas in Mexico, tanomoshiko in Japan and dhukuti or dhikuti in Nepal. At a recent developer meetup I was able to hear from from Matthew Addison, CEO of StepLadder who has built a whole bu...

01 June 2020 /people /devops