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What Is API Security? Definition, Fundamentals, & Tips

API security is a must when it comes to fully protecting your organization’s data. Learn the fundamentals for API security now. ....

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Solving Problems With The IoT

Solving Problems With The IoT
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What Is an API? How Different Apps Exchange Data

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APIs make it easy for apps to exchange information, data, pictures, and more.
APIs also let apps have more features, since one program can just ask another program to perform a task.
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An API, or application programming interface, is software that acts as an intermediary between two other programs or two components within a program to exchange information. APIs are common types of computer code and form the foundation of our modern information architecture.
What to know about APIs
APIs consist of two components, and both are routinely referred to as the API, which can be confusing: ....

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CBN Issues Regulatory Framework for Open Banking

The framework establishes principles for data sharing across the banking and payments ecosystem, which will promote innovation, broaden the range of financial products and services, and deepen financial inclusion.

The regulatory framework stipulates, amongst others, data and Application Programming Interface (API) access requirements, principles for API, data, technical design and information security specifications.

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Introduction
The Central Bank of Nigeria, in furtherance of its mandate for the stability of the financial system and pursuant to its role in deepening the financial system, developed the regulatory framework on open banking in Nigeria. Having observed the growing integration of banks and other financial institutions with innovators in the financial services space and the increasing adoption of Application Programming Interface (API) based integrations in the industry, it has become expedient ....

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