BBVA API Market
One of the challenges of BBVA’s APIs open platform is “to make life easier both for the developer and the business manager”. And this is achieved through integrating financial APIs into solutions of different business sectors, stresses Martín Eizaga, Open Platform product owner at BBVA Spain.
Security is one of the premises of the BBVA Open APIs team. Eizaga emphasizes the process followed in integrating the BBVA Cards API: “End users will always have to enter their online banking credentials to give the developer access”. Besides, BBVA remains the one that manages and stores those credentials.
There is a second security factor that implies that an SMS is sent to the end customer’s cell phone to authorize this operation. This authorization is not indefinite, but has a validity period and specific permissions are assigned.
Thanks to its decentralized operation, Forex offers automatic 24/7 solutions that are more interesting for companies looking to integrate FX into their ERP. Forex is one of the most relevant markets for companies, especially if they are able to connect to FX from their Enterprise Resource Planning (ERP) system. Companies that are able to automate […]
The foreign exchange (Forex) market is the world’s largest financial market. This market trades in the exchange rates of the entire planet through decentralized market mechanisms; this is where the value of each currency is traded. But what is a foreign currency and how is it different from a domestic currency? How and why was […]
Spain is in the midst of a banking transformation toward open banking thanks to the regulatory impulse at European level. However, adoption among bank customers is still too slow, which will have consequences in the future. In Spain, the digital transformation of banking, rather than a future promise, is already a reality. This new financial […]