The Latest News On The API Economy
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Banking apps, and their ecosystems, offer banks a multitude of new revenues streams, as well as help to broaden partner and user bases. For those less convinced of app viability, a cursory glance at market trends should be convincing enough
DriveWealth has announced an expansion of its API portfolio. The latest set of APIs focus on wealth management and assist investment advisors to better serve their clients. The new APIs enable recommendations, automated portfolio balancing, and fully discretionary investor options.
The UK Government has taken a step closer to realizing an open banking framework with the announcement of a series of measures by the Competition and Markets Authority that are designed to encourage UK banks to “work harder for customers” by forcing an open banking model on the industry.
The rise of fintech was more like an explosion – thousands of new apps suddenly sprung onto the market and fundamentally changed how we interact with our finances and the financial institutions we put in charge of them. While there’s never been a question about whether fintech requires
Google today said it is putting the Google Places API for iOS 2.0 and the Google Maps SDK for iOS 2.0 into separate CocoaPods. The idea here is to reduce the app size for developers who need Places data, but not Maps data. Google says the change heralds big savings in app binaries.
The UK’s recent decision to leave the EU has had, and will continue to have, far-reaching impacts beyond many people’s ability to foresee. In a recent article for Recode, Bryan Kirschner discussed the vote’s effect on the progress of open banking and its innovative API foundation on the continent.
MuleSoft today announced that it has partnered with Barclays to host a digital banking hackathon. The hackathon will take place at Barclays Technology Centre Radbroke on July 20 and 21. The event aims to foster innovation and harness technology to build a range of new financial services solutions.
After continued developer requests, Google has added marker clustering to Google Maps SDK for iOS Utility Library. The feature allows users to populate maps with a large number of markers while keeping the map clean and readable. As zoom levels adjust, markers aggregate and slit out accordingly.
Google implemented a number of changes to its Maps API Standard Plan. Apps created on or after June 22nd will be subject to a host of new rules surrounding access and limits. Active domains utilizing the APIs prior to June 22nd are grandfathered in to differing degrees depending on implementation.
Google Maps API is the most popular tool for building location-based services. Now, the Google Maps Operations team is leveraging their experience to collaborate with Udacity and create a free course that teaches students how to integrate maps and location features into websites.
With the many vulnerabilities of scraping bank account data causing concerns for some large banks, Wells Fargo recently announced that it intends to create an API to enable integration with accounting software Xero to give small businesses better visibility of their banking data.
By Jan 13th 2018, EU banks will be required to open payment and account services to third-party providers. The disruption this may cause in the banking industry is reminiscent of the shipping industry and the changes brought about by the standardization of containers 50 years ago.
Open Banking is aiming to give consumers access to real-time banking data through the use of APIs. The successful implementation of this type of system will change the way people save, borrow, spend and invest their money, as well as encourage healthy competition in the financial services industry.
OCBC bank launched four open APIs that allow developers to integrate bank products and services with third party apps and programs. The move marks one of the first Southeast Asian banks to open an API. The launch is in line with broader government initiatives to develop FinTech sector development.
The Google Maps API team maintains many Google Maps APIs and SDKs. Manually tracking updates across the various sets of Release Notes presents a challenge for developers. Google now offers auto-updates to Maps Release Notes via RSS feeds. RSS feeds for all Maps and Places APIs are available.
Barchart announced a new API to bolster its OnDemand financial data platform. The event-based API monitors financial news and markets for key events and notifies users of such events in real-time to empower brokers and investors to make better decisions. Users can incorporate its own data as well.
When developing a location-based application, displaying the most relevant information is the key to success. Countrywide.co.uk managed to increase their conversions by up to 300 percent when delivering points of interest by travel time. In this article, we’ll explain how to search and display
Eko has recently launched Domestic Money Remittance Service through API integration in partnership with 10 plus companies in mobile recharge, travel & ticketing domain. Some of the various partner companies include UFX, The Services Online, and Yahya Technologies.