Hay quien lo llama ‘revolución’, otros prefieren definirlo como ‘evolución’. Sea como fuere, la fuerte transformación que vive el sector bancario impulsada por la entrada en vigor en noviembre de 2018 de la directiva europea sobre servicios de pago digitales PSD2, lleva aparejada un cambio en los perfiles profesionales que demanda la industria.
Alibaba is the paradigm of a company capable of accelerating growth through technology. In less than one decade it has grown from an intermediary to a benchmark in technological progress. Proof of it are products such as Alipay, now present in the BBVA ecosystem.
Open banking systems make it possible to interconnect the finances of citizens and companies, and to create a myriad of new applications based on common and easily interoperable standards.
Some weeks ago we took part in the World Open Banking Dialogue in London. There we heard first-hand how banks around the world are helping to consolidate the open banking concept, while we also had the opportunity to set out BBVA's vision of the phenomenon.
The motto of the event was 'The New API Stack for the Programmable Society'. With the title The BBVA API_Market Open Banking experience, our workshop focused on the change among retail clients and businesses brought about by open banking, as well as the latter's key role in financial transformation.
They say 2018 was the year of open banking. While 2019 will be the year in which it puts down roots. With nearly twelve months having passed since European Directive PSD2 was introduced back in March, in 2019 we will see whether the open banking concept represents evolution or revolution. The opportunity is immense, collaboration is critical, and trust is key, but customers must be given incentives to embrace the new concept.
Liverpool airport offers its passengers the option of searching for flights using the Skyscanner API without leaving its own website. This way, passengers can find the lowest airfares for flights departing from Liverpool.
We have interviewed one of the members of the winning team of the BBVA prize in the hackathon that took place at the South Summit 2018.
To foster the use of your API and to make it understandable it is essential to think of the user experience provided to other developers. We tell the UX characteristics you must take into account when you develop an API.
A large part of the user authentication protocols in the new digital age –both proprietary solutions in the hands of companies such as IBM or Oracle and open solutions like OpenID and OAuth 2.0– are based on application programming interfaces (APIs).
