BBVA API Market
Are you up to speed with the highlights in the world of APIs this week? In case you have missed any, here is a selection of the most interesting tweets about the sector from the last few days.
— startupcrunch (@startupcrunch) 2 de noviembre de 2018
StartupCrunch links to this interesting article by Joe Wallen in Forbes where he explains how TrueLayer (founded in 2016) has become one of the first British companies with authorization to provide information about accounts and payment initiation services through open banking.
The imperative for banks is to leverage API integration and their existing customer relationships in order to develop a customer value ecosystem centered around their own banking portals. Link >> https://t.co/ihQe6MRmYC @Accenture via @JimMarous @antgrasso #fintech #finserv #APIs pic.twitter.com/zUQOqoEwTG
— Antonio Grasso (@antgrasso) 11 de octubre de 2018
The external consultant specializing in Fintech Antonio Grasso shares an interesting infographic about how banks can leverage the integration of APIs and their relationship with their customers to develop a value ecosystem for customers that centers on their own bank portals.
Jeff Hawkins Is Finally Ready to Explain His Brain Research: He created the mobile computing companies Palm and Handspring. But for decades his passion has been studying how the human brain works. https://t.co/lttRFnyUbG #Technology #Tech #FutureTech pic.twitter.com/OGMZgX5XWy
— Craig Brown, PhD (@craigbrownphd) 26 de octubre de 2018
Even though it does not strictly deal with APIs, this article from the The New York Times (tweeted by Craig Brown) is very interesting because of its protagonist, Jeff Hawkins. Hawkins created the Palm and Handspring companies, which revolutionized the market at the time and which may regarded as the precursors of today’s mobile ecosystem. For decades, Hawkins has been passionately studying how the human brain works. It seems that he is now finally going to explain his theory.
— Open Banking (@UKOpenBanking) 1 de noviembre de 2018
This tweet talks about the performance of open banking API providers in the United Kingdom. It was posted by the Open Banking Implementation Entity, set up by the UK’s Competition and Markets Authority to create software standards and industry guidelines that drive competition and innovation in UK retail banking. The United Kingdom has no doubt that to lead an industry you need to commit to it.
— Anson McCade (@AnsonMcCade) 22 de octubre de 2018
Lastly, this tweet by Anson McCade talks about the launch of BBVA Open Platform in the USA. This BaaS system allows third parties to access a series of BBVA banking services via application programming interfaces (APIs) and, as a result, be able to offer financial products without the need to provide a full suite of banking services.
Estas son las 25 ‘fintech’ más innovadoras del mundo, según KPMG, tenido en cuenta el capital anual captado de inversores (de media) y la diversidad geográfica. https://t.co/PAmJEam84t pic.twitter.com/WxTUs3AAzP
— Business Insider España (@BIEspana) 5 de noviembre de 2018
This well-known online publication tweets about the recent report by KPMG on the 100 most innovative fintech startups in the world. The top 100 gathered 52 billion dollars in investment, almost double the amount gathered by the top 100 the previous year. Most of these startups originate in the United States, United Kingdom and China.
You no longer need to go to a bank branch to open a bank account. APIs allow you to complete this and any other banking operations without leaving your company's own platform, with a fully integrated experience.
The real estate sector is becoming digitized by investing in technological solutions to adapt to a user looking for simple processes and transparent documentation in the purchasing processes.
Checkout financing is a digital alternative to credit cards that boasts advantages such as flexibility, creating one credit facility per customer and ensuring their future loyalty, thus improving the customer lifetime value.