The Latest News On The API Economy
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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.
Yelp continued its barrage of developer news today. The company's latest announcements include a completely redone developer program and the Yelp Fusion API that will replace Yelp's existing API over time. New API features include more pictures, content caching, autocomplete and more.
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
After continued requests for access to more Yelp data, and additional API functionality, Yelp has launched a developer preview of a brand new API. The Yelp API was rebuilt from the ground up. Yelp envisions the new features, data, and architecture will simplify the developer experience.
Facebook this week introduced two major sets of developer tools for interacting with its various services. The company released a new software development kit for Apple's Swift programming language, and added lots of new features to its Graph API 2.7. Both toolsets are available in preview form.
Gnip's Audience API promises to let brands and marketers glean real-time, in-the-moment data about audiences that convalesce around topics, events, or other users. The idea is to give companies as much information as possible about those with whom they might want to engage.
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.
Snapchat, which recently surpassed Twitter in daily usage, has unveiled an API that allows advertisers to purchase Snapchat ads programmatically and at scale. Part of a broader launch of new ad offerings, Snapchat's Ads API could help the company grow its ad revenue and pave the way for an IPO.
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.
After originally launching v4 of the Facebook SDK in 2015, Facebook has now announced the end of support date for v3. Starting June 1, 2017, Facebook will no longer support v3. Older versions will continue to operate; however, developers will lose support and access to new features.
Facebook has launched a new Continuous Live Video API that enables developers to broadcast long and persistent streaming video to the world's largest social network. Previously, Facebook Live streams were limited to 90 minutes, but thanks to the new API, third parties can broadcast longer events.
Twitter has announced major changes that will alter the way the company calculates 140 characters. Certain attachments, URLs, and handles will no longer count towards the character limit. Changes will allow users to use more words, and developers must prepare for the upcoming changes.
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.