Recently, I read an article called “For IoT, think about creating a minimum viable ecosystem” on Stacey on IoT blog, which got me thinking about what we ourselves have been observing in the SaaS sector. In particular, the article says: “With the internet of things, companies are no longer trying to create a product to offer value, but rather establish relationships between companies and individuals to create value.

By the September deadline, Europe’s banks and fintech companies should be compliant with the Second Payment Services Directive (PSD2). Rather than focusing inwards on business operations, PSD2 is an outward-looking directive. It encourages open access and competition in the banking industry. Organisations across the breadth of the industry are required to open their payments infrastructures and customer data to third parties.

In the previous article of our last chapter of Data Integration Best Practices, we took a look at how to describe integrations in such a way that everybody – from developers to business users – understands the requirements correctly. We also discussed why you eventually might need some type of an integration layer to keep your integration projects under control. In this article, we continue reviewing some tips that revolve around preparing for and running an integration project.