May 2025: APIwiz Monthly Digest
May has been an eventful month at APIwiz! We've rolled out our latest feature new API Insights Dashboard & API Inventory, providing an at-a-glance view of your entire API ecosystem to compliance updates in various industries, and a few incidents we share in this edition:
This month has once again underscored the critical importance of robust API governance, comprehensive observability, and stringent security measures. With significant developments across sectors—from energy to banking, fintech to healthcare—APIs continue to be at the forefront of digital transformation.
In this issue, we highlight key incidents and trends that are shaping the evolving API landscape.
🔍 Industry News
Energy: Building Energy Resilience with APIs
The energy sector is under pressure—surging demand, aging infrastructure, and rising expectations for cleaner, cheaper power. But the path forward isn’t just more software. It’s programmable infrastructure. APIs are quietly transforming how grids are managed, how data flows, and how consumers engage. From E.ON’s EMS to the UK’s smart meter evolution, the future of energy is API-first.
Read more: How APIs are transforming the energy sector
Banking: Standards Are Evolving & EU Compliance Is the Catalyst for It!
Banking standards are evolving, with EU compliance acting as a catalyst. Regulatory frameworks like the Digital Operational Resilience Act (DORA) and the upcoming Cross-Border Payments and Reporting Plus (CBPR+) are prompting banks to modernize their payment systems and strengthen operational resilience. For instance, Arion Bank in Iceland is strategically updating its payments infrastructure to align with these compliance milestones.
Read more: How EU Compliance Drives Banking Innovation
Fintech: India's Digital Payment Ecosystem Witnessing Exponential Growth
India's digital payment ecosystem is experiencing exponential growth. To optimize performance, the National Payments Corporation of India (NPCI) has proactively announced new measures. These include capping balance enquiry requests to 50 per app per customer daily, restricting access to linked account lists, and permitting UPI Autopay mandates only during non-peak hours. These steps aim to enhance system stability and ensure a seamless user experience. (The Economic Times)
Read more: India's UPI updates to boost stability and efficiency
Healthcare: API Standardization Now Mandatory
Healthcare companies must standardize APIs to comply with U.S. regulations. The Centers for Medicare & Medicaid Services (CMS) mandates that healthcare organizations adopt standardized health data schemas for interoperable information exchange. This move is crucial to prevent data errors, ensure interoperability, and meet stringent regulatory requirements. (Centers for Medicare & Medicaid Services)
Read more: Healthcare companies must standardize APIs for U.S. compliance.
📈 Market Trends & Incidents
🚨 When a Major U.S. Bank’s Core Systems Went Dark!
On May 17, 2025, a major U.S. bank's core systems experienced a four-hour outage, leaving budgeting and bill-pay apps displaying outdated balances. This incident underscores the critical importance of operational resilience and robust API governance. Regulators now emphasize uptime as a consumer right, linking system availability directly to customer trust and financial stability.
Read more: When a major U.S. bank’s core systems went dark!
Hot Take: AI-Generated Code & The Need for Robust Governance
As AI-generated code becomes prevalent, the real question isn’t whether AI will build your codebase; it’s whether enterprises are ready to govern what AI creates. Automated code generation can bypass traditional quality checks, increasing the risk of defects. Implementing design-first methodologies and automated policy enforcement is essential to mitigate these risks. Read More Here
From Our Team:
Adeeb Tahir wrote about why invisible finance is winning today, and how data is the currency that helps monetize trust at scale 📈
Read More here: Monetizing Trust at Scale: Invisible Finance Powered By APIs
Anurag Shukla wrote about today's distributed systems, APIs don't reside in one place, but your management layer should.
Read more: Your APIs don’t live in one place, but your management layer should…
Rashmi Baberwal shared her experience and opinion on how the race to automate everything can lead to dysfunction if not done correctly:
Read Here: AI Doesn’t Fail Alone
Product Release: API Insights
It's been a busy month at APIwiz! We're excited to introduce our new API Insights Dashboard, providing an at-a-glance view of your entire API ecosystem. With this dashboard, you can track transaction volumes, monitor security policy violations, and gain visibility into API usage patterns, all in one place.
Video Highlight of May: Understanding API Gateways
For a deeper dive into API gateways and their role in modern architectures, check out our comprehensive video guide.
Series Highlight of May: Discover API Security
Discover how APIwiz can streamline your API lifecycle management. Our platform offers comprehensive solutions for API design, governance, and monitoring. Explore our product videos to learn more.
Stay tuned for more updates in our next issue!