Success stories, news, analysis and other information about our APIs
Carlos López-Moctezuma analyzes the present and future of open banking in a roundtable dedicated to this matter, where essential questions such as user growth curve, the role played by fintech and the profound evolution that banks such as BBVA and others have experienced in the past few years.
What are the main challenges faced by open banking, and what will be the impact of the changes arising from the COVID-19 pandemic?
Carlos López-Moctezuma was part of the latest edition of Money Live 2020, where he offered his take on the open banking situation, its adaptation to the banking industry and how it can evolve in the future.
Is it a bank? A service platform? A factory of financial products? A distributor? Does it sell or buy information? All this and more. APIs are revolutionizing the world of banks and are set to transform banking into the largest operations scalextric imaginable.
And, what does the future hold for the banking business? The cutting-edge developments in the industry are coming via technology, which is being harnessed to improve the products and services offered to customers. We take a glimpse at the future via ten of the hottest APIs in the sector right now.
In a connected world, APIs are the glue that keeps all the parts that form our day-to-day lives in place. The same way the power of glue depends on the material it is used on and the knowledge of its properties, APIs are only as useful as their documentation allows for.
An API is an open door. In which to enter and what to find? Formally an 'Application Programming Interface' (API) is a precise specification on how a software module communicates or interacts with another. Returning to the simile of the door, it is, for example, Twitter ringing Google's bell to ask for our data and thus avoiding having to fill out forms again. We must be selective when choosing which bells we ring.
The documentation UX professionals deliver to their customers sometimes becomes an end in itself, rather than a means to achieve a better product for the user. User experience has for some time now been one of the most highly valued aspects of digital product creation. It is applied in the conceptualization and design of websites, apps, instant messaging and in wide-ranging sectors.
Video games are a shared experience with friends not only in real life, but also in social media. In the virtual world it is almost as important to say what you are playing as the game itself. The fields of gaming and social media have been intertwined in recent times, thanks to the help of APIs. Below in this article you can check some platforms that currently contribute to this union.
We took part in the 2nd Annual Open Banking and APIs Forum in Amsterdam, in order to share our experience in open banking and to see what other players are doing in relation to this major opportunity -and challenge-.
