Nordic APIs Digest #23 / 2024
Hello world,
Today, finance relies heavily on APIs. But what does the future hold? We welcome solutions engineer Chris Darvill from Kong Inc. to the blog to explain how APIs will continue to play a big role in finance, from sharing payments to trading, investments, anti-money laundering, and beyond.
Folks often treat AI as if it's mature - when, in reality, it's more like an unstable teenager. Kristopher Sandoval covers why we should be cautious about hockey-stick AI growth. They also examine how API providers can better position their services for LLM consumption.
Next up, Jacob Ideskog, CTO of Curity, gave a powerful presentation at Platform Summit 2024. j simpson examines the key takeaways, offering tips to secure the "tents" on the outside of the digital corporate fortress.
We recently covered an APIContext report that found API specification drift is surprisingly common. I dug into the bottom of why API drift exists and what we should do about it. Also, in API description news, Chris Wood takes a deep look at AsyncAPI v3 by creating an example use case.
Thanks for reading,
Bill Doerrfeld, Editor in Chief, Nordic APIs
Platform Summit 2025 Call for Speakers is Open
Videos from Platform Summit 2024 speaker presentations are now posted to YouTube, and slides are on SlideShare.
Plus, we're excited to announce that Platform Summit 2025 call for speakers is open! Have a cool API story to share? Submit it now!
Blog Highlights
How to Build a Fortress with the Security of a Tent
by j simpson
Most organizations connect with "tents" outside the corporate systems, such as other APIs and third-party applications. Here's how to ensure these tents and their APIs are secure. Read blog post.
Building APIs for the Reality of AI
by Kristopher Sandoval
For AI agents to use APIs, instead of just screen scraping data, we must build accessible APIs that are up for the task. Here are some ways to do so.
Banking on APIs: The Future of the Finance Sector
by Chris Darvill
APIs are driving innovation in the finance sector, from streamlining payments and investments to informing anti-money laundering and credit scoring efforts. Here's a quick review of these key undercurrents. Have a read.
The Compression of Tech Maturity in the Age of AI
by Kristopher Sandoval
While AI technology is promising, its relatively compressed tech maturity cycle does present some cause for concern. Here's why AI and LLM shouldn't be viewed as proven technologies just quite yet.
Understanding the Root Causes of API Drift
by Bill Doerrfeld
"When the specification drifts, it stops being a source of truth," says Rajesh K., Digital Solution Architect. Drift can negatively impact the developer experience and business. Here are some of the core reasons it's become common lately.
How to Write a v3 AsyncAPI Description
by Chris Wood
To see how the latest version of AsyncAPI works, we've pulled together a version 3.0 AsyncAPI description, focusing on a specific use case of creating a healthcare API to retrieve patient data and handle medication details. Learn more.
At Nordic APIs, we are striving to inspire API practitioners with thought-provoking content. By sharing compelling stories, we aim to show that everyone can benefit from using APIs.
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