Surprise medical bills, risky API practices to avoid, and open banking – December 2022 Digital News Desk

Welcome back for the final round-up of 2022. Today, we look at how the U.S. is cutting down on surprise medical bills, where hackers are exploiting developers’ weak spots, and the continued momentum for open banking as more North American companies adopt financial data APIs.

December 2022 API news and digital transformation headlines

Watch the video below for the latest from the Axway Digital News Desk with Lydia Defranchi – and a guest appearance by Axway’s VP of Healthcare & Life Sciences, Ruby Raley.

At Axway, we believe in an “Open Everything” world: that the best digital experiences will be built on open API platforms, as well as API-fueled MFT and B2B/EDI solutions, which make participation in an ever-expanding ecosystem frictionless.

From Open Banking, to Open Healthcare, to Open Everything, those who have the courage to modernize and open up their business have something to teach us about being open to opportunity.

Stories mentioned in the video

Silicon Angle: Over 1,500 apps found leaking API keys and potentially exposing user data

CPO Magazine: Dropbox Security Breach Leads to Compromise of 130 GitHub Repositories

Health Payer Intelligence: No Surprises Act Leads to 9M Averted Surprise Bills, 275K Arbitration Claims

Fierce Healthcare: Regence, MultiCare team on FHIR-enabled prior authorization

Financial Data Exchange (FDX) Reports 42 Million Consumer Accounts on FDX API

Dive deeper

Tech Target: Top zero-trust use cases in the enterprise

Survey: The #1 strategy used to secure APIs is to develop a more holistic approach to security, with Zero Trust Architectures coming in dead last.

Forbes: Can Enterprises Really Achieve Speed And Security? APIs And Zero Trust Mark A Hopeful Future

Security to take an outsized role in IT spending in 2023 | CIO Dive

Wall Street Journal: Amazon, in Broad Cost-Cutting Review, Weighs Changes at Alexa and Other Unprofitable Units

Banks Seek Guidance on Who’s Liable for Open Banking Data Fraud (bloomberglaw.com)

Watch an interview with Eyal Sivan, Axway Head of Open Banking, at OBExpo Canada 2022:

What Open Banking Can Mean For Small Businesses

Podcast: Assessing the US Open Banking economy | Open Banking Expo

Healthcare Finance: Top reason for delaying care is now cost, not COVID-19, patients say

Fierce Healthcare: As major hospitals now bill for some patient-provider messaging, the move could usher wider adoption

Diversity within your AI team can reduce bias

Tech sector layoffs barely dent demand for IT talent