The Latest News On The API Economy
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The Second Payment Services Directive or PSD2 comes into effect January 13, 2018. This open banking initiative will no doubt be a game changer in Europe and really for any retail bank or fintech that wishes to work with Europe. Today we’ll give you an overview of what exactly PSD2 is. Then
Wipro announced the launch of a new Open Banking API. As the Open Banking concept grows across the globe, Wipro has launched the API to enable financial institutions to create developer communities around specific institutions. Further, the API will allow developers to adjust to new regulations.
Earlier this year, Google requested map data from the Korean government. In response, Korean tech companies Naver and Kakao have increased free limits to their respective maps APIs beyond what Google offers. The government is expected to respond next month but the competition has already started.
Google has introduced a Web Share API developers can use to enable sharing capabilities on sites. The API allows users to control how and where data is shared by enabling websites to call on the host platform’s native sharing capabilities. The API can only be used on websites with a secure origin.
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.
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.
TomTom has added another API to its mapping and navigation solutions portfolio: Traffic Stats API. Traffic Stats collects data from over 450 million connected devices in order to provide historical traffic data. The data collected includes speed, route, travel time, segment, and more.
Facebook launched v2.8 of its Graph API. Highlights include Custom Open Graph and the Marketing API updates. Facebook will deliver more Common Open Graph action types to relieve developers from having to create custom graph actions and objects. Marketing API updates give advertisers more control.
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.
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.
Google is opening up Maps to new ride-sharing partners, meaning the search giant just effectively created the first ride-hailing price comparison feature. The surprise here is that Uber, previously the only ride-sharing partner on Google Maps, allowed this.
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.
Geocoding involves converting a description of a physical address into coordinates that represent that location on a map to perform spatial analysis. This tutorial on the Google Maps APIs blog describes the two approaches to geocoding with Google Maps APIs, and when to use them.
Finding an apartment in San Francisco’s notoriously competitive rental market is a challenge. The author of this tutorial created a mashup of the Slackbot API with maps and a Craigslist scraper to help him identify apartments that match his criteria as soon as they become available.
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