The Latest News On The API Economy
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For decades client information related to bank accounts was kept confidential to third parties. It was hard for third parties to get this information in a trusted and verified way. This article looks at the main types of data accessible via banking APIs and their current and potential use cases.
Since Microsoft launched its Bot Framework earlier this year, it has consistently added features to empower developers to create, what Microsoft calls, "the next great conversational experiences." The latest API additions include the Computer Vision, Bing Speech, and Bing Image Search APIs.
MapQuest is inviting developers to take its MapQuest Static Map v5 API for a spin while in beta testing. The refreshed API has a handful of new features that should appeal to developers who rely on MapQuest's mapping tools. The beta is being offered for free through the end of 2016.
Mastercard has launched a new platform for developers that features 25 commerce APIs providing a wide range of capabilities across payments, data services, and security. Some of these APIs are experimental and can be used to test new cutting-edge technologies and applications.
In preparation for this month's change to Automated Clearing House rules, Dwolla is updating its white label API to allow customers to opt-in (on a transaction by transaction basis) to an ACH option that specifies how a transaction should settle on the same day (provided other conditions are met).
Finicity recently announced the release of its new ACH Account Verification API. The service enables payment and investment app developers to verify account details required to initiate inbound ACH account transfers.
Algorithmic trading can be an effective, systematic way to manage and allocate risk across any number of markets. With the use of APIs such as FXCM's Trading API, programmers can set up algorithmic trading systems that help remove the potential for human error while completing trades automatically.
Like many industries, Wall Street is being disrupted by the explosion in information processing technologies. Long established players are looking to leverage the skills of computer scientists and mathematicians by setting up algorithmic trading systems in hopes of gaining a competitive advantage.
Over on Crowdfund Insider, JD Alois has published a news report about South Korea's Fintech Open Platform; an open API program that's looked after by South Korea's Financial Services Commission (FSC)and that has received the support of over 40 financial instituations operating in South Korea. The
CrowdRiff has announced API access to its Visual Influence platform. API access to CrowdRiff features allow users to deliver user-generated photos and associated features to marketing products and campaigns. Features include social media search, calls to action, photo acquisition, and more.
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 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
Microsoft has announced that paid plans are now available for the Bing Search APIs that are part of Microsoft Cognitive Services. The suite of Bing Search APIs that can now be purchased includes Bing Web Search API, Bing Image Search API, Bing Video Search API, and Bing News Search API.
The number of available web search APIs has been reduced in recent months; Google and Yahoo have shut down a number of their web search APIs. This is the first part of a two-part article covering the state of web search APIs. The second part highlights search APIs provided by Google and Microsoft.
This is part two of a two-part article covering the current state of Web search APIs. This article takes a look at the Web search tools/APIs provided by Google and Microsoft. Article includes comparison charts highlighting some of the key differences between Google and Microsoft search tools/APIs.
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.
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.
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.