API World: Open banking. Page 9

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The boom of ‘aaS’ models

 

The advantages provided by "aaS" models have made them attractive for many online companies. Their flexibility makes them highly sought-after services by many different companies. 

Open banking / 02 August 2016
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“Opening up services to third parties represents a significant change in the banks’ way of thinking”

APIs in banking are helping open up the sector, which is now moving towards what is known as open banking. Under this premise, in her talk at OpenExpo, Carmen Cuesta, CTO of Nimble Payments at BBVA highlighted the importance of the culture of openness in transforming the financial system.

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