Success stories, news, events and all kinds of information related to open banking
The new Revised Directive on Payment Services (PSD2), issued by the European Banking Authority to deregulate the financial sector, has sparked a genuine revolution in the processes of managing digital identity –and in its protection.
Digital transformation, industry 4.0, involves a radical change in business organization and culture. The widespread use of connected devices and digital platforms and the large number of technology consumers have led to a boom in business opportunities. However, these opportunities have also become more transient and selective.
2018 will be a year of consolidations and emerging technologies. Retail stock exchange investment will be a widespread practice; purely online banking will be something that more and more citizens think about, and emerging companies will continue to use cryptocurrency, especially in the ethereum network, to raise funds, as well as other altcoins or alternative digital currencies.
From BBVA API_Market we wish you Season's Greetings
With this first post we would like to welcome you to a new space: the BBVA API_Market Blog. This is a place to share with all readers the progress made, news, analysis and latest features about our APIs and what is happening regarding them.
The UN Global Pulse initiative Data for Climate Action has granted awards to a number of projects, including one carried out by a team of researchers from Yale University. The team used a variety of data sources, including API PayStats, thanks to the collaboration of BBVA Data & Analytics with the UN initiative.
The imminent entry into force of the core provisions of the Payment Services Directive (PSD2) will provide a boost to the development of APIs, which have been identified by the EU as a key tool for building new financial services.
According to a Stack Overflow survey, the current picture of the developers community across the world looks something like this: it is mainly integrated by full-time contractors, not actively looking for work, and self-taught (at least partly). Besides, if they are under 49, they prefer Star Wars to Star Trek.
Learn how financial institutions are betting on the Big Data and Artificial Intelligence through APIs that help banks to define products, segmenting customers and detect possible fraud. Throughout this ebook we offer a review of the APIs bank data aggregation.
