February 4, 2020
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The ripple effects of regulation such as the EU's PSD2 and Open Banking initiatives in the UK and APAC, designed to stimulate increased competition in banking, are being felt worldwide. But what do these changes mean in practice for developers seeking to build fintech apps to work with bank APIs?
On Thursday, Singapore-based DBS Bank, Southeast Asia's biggest bank, announced a banking API developer platform that it says is "the largest by a bank anywhere in the world." The platform consists of over 150 APIs that cover numerous functional categories including accounts and payments.
Microsoft has announced a new Azure Blueprint for SWIFT. The blueprint specifically helps Microsoft enable SWIFT connectivity in the cloud. SWIFT is a provider of secure financial messaging services. Its rapid adoption made it an ideal candidate for an Azure Blueprint.