BBVA API Market
One of the main productivity problems with applications is the so-called App-Data Gap, i.e. the slow speed in loading an app’s data when a user launches a request.
Six out of 10 company managers believe that an application’s loading speed is a key factor for improving or worsening their decision-making ability, according to a study by Nimble Storage.
Nearly half of those surveyed by Nimble Storage consider that they “waste” between 10 and 30 minutes of their time waiting for an application’s reply every day.
How to address this problem?
1. Simplified infrastructures. If the application has a complex storage infrastructure, it can “disrupt” the delivery of the data to the user when requested, because that information is not instantly available from the system.
2. Investment in predictive analysis technologies. It is true that it involves a higher cost, but a series of replies can be predicted automatically, thus preventing loading problems. With these ‘predictions’, a storage forecast can be made to enhance performance.
Application developers should take into account the consequences of slow data loading in their projects, so applying a number of improvements in their implementations can be critical to the app’s success among users.
Source: Nimble Storage
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.
Online businesses are offering more and more facilities for customers to pay for their products. It is becoming more common to integrate financing into retail applications, and it is an added value for companies that implement it within their platforms.
Startups and existing companies in the process of digitization need a new set of digital tools to help them transform their businesses and get more in tune with their customers' needs. If possible, they should develop frictionless systems that do not create barriers to entry for the business, as occurs with some banking solutions.