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The API Evolution

The API Evolution

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 Summary: In this special episode of COMMERCE NOW we team up with APIs Unplugged podcast to discuss using APIs to succeed as an incumbent in a disrupted fintech space. Related Content:  The API Evolution: We’ve Reached Critical Mass APIs UnPlugged Podcast Related Links: LinkedIn Profiles - Bruce Diesel Matt McLarty Transcription: Speaker 1:                           00:15                     On today's special episode of Commerce Now, Bruce Diesel from Diebold Nixdorf joins Matt McLarty from API's unplugged podcast. They will discuss a theme around API's to succeed as an incumbent in a disrupted space. Matt McLarty:                   00:38                     Hi everyone. Welcome to API's unplugged. I'm Matt McLarty, the global leader of API strategy at MuleSoft, and great to have you here as always. Mr Mike Amundsen, what's going on in Kentucky? Mike Amundsen:             00:51                     Hey, how you doing? Actually we've had great weather in the last week, or so. It's been really enjoyable. I was just out for a walk just before we started our session here which I haven't been able to do, so I'm in a good mood, and I'm ready to go. Matt McLarty:                   01:04                     Right. We're on the upswing. We're a year into, at least for me, lock down. Mike Amundsen:             01:11                     Oh, yeah. Matt McLarty:                   01:12                     I think it's almost... I think it's two days shy of the anniversary, but you never know. Things are looking up. Great. Well today we have a pretty exciting topic, and exciting guest. I feel like we've talked about financial services on previous episodes, but we haven't really done a focused episode on financial services which we're already into the second season which that's amazing because I think that API's are always rightly associated with disruption. So much of the digital economy landscape is being... There's upheaval from disruption happening, and in terms of industries financial services is a big one.                                                                                 And I think we hear a lot about fintech, fintech association with API's, open banking regulations, and so on. So I think... We've got a guest who's going to be talking from, I would say, from both sides of the disruptor and the disrupted in the financial services space, and as a fintech that's been in the industry for a while. Our guest is Bruce Diesel who is a product manager, and API subject matter expert at Diebold Nixdorf. Bruce, welcome to API's Unplugged. Bruce Diesel:                      02:38                     Thank you Matt. Thank you for having me, and Mike, great to meet you guys. Matt McLarty:                   02:43                     Excellent. So I mentioned that Diebold Nixdorf's position being what I would call a long term fintech provider as a global company with a big presence in the ATM point of sale, and other financial services spaces. But to start off, we always like to do this, we'd love to hear your background, Bruce. What has been your path into what we call the API economy? Bruce Diesel:                      03:19                     I come from a traditional engineering background. I studied electronic engineering back in the 80s, and the subjects that really interested me were the software, and the software engineering side of my courses. And as I'm sure most of you know that as the end of the 80s, 90s, that was really the breeding ground of the object to oriented paradigm, and C++ was coming out. And this idea that you would have these component objects software world that really took my fancy, and it was really interesting for me. Coming out of university I started a... I was one of the founders of a software migration company, and a lot of our business was in the ATM's back in South Africa, and we were building a lot of bespoke solutions.                                                                                 I personally had always been really interested in the whole packaging of software concept, and how do we achieve the same things that we do in the digital, electronics world? These integrated circuits, IC's where we... When we look at the acceleration, and the rapid growth that digital electronics have achieved... Look at your mobile device today compared to where we were 40 years ago. And I always believed that that's where software was going to go. We could create these ...
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