Outtake:
DataWeek and API World are already a blur, with Day Two of the industry proceedings wrapping up late last night. A packed agenda saw as many as ten sessions all happening at once, creating a sense that perhaps this conference is trying to appeal to too many audiences at once, and making it more difficult to identify emerging trends across the API economy.
Several key themes were prominent across the day’s activities, however, including the increased trust emerging in financial APIs, continued discussion on viable business models for enterprises with an API and startups reliant on APIs, and the changing nature of API services that is seeing developers require greater business analysis skills.
Finance APIs
Finance APIs seem to be undergoing a chasm-leap in a similar vein to how initial scepticism for online retail was overcome. Like the early days of online retail when many would-be customers were reluctant to add their credit card details to online shopping carts, suggestions of using banking and finance APIs met with stern queries about the security of channelling data. With API management platforms promoting trust signals around their security provisions, and with many mobile backend-as-a-service platforms offering to...