The Latest News On The API Economy
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Carroll Publishing, a government contact data-delivery service, recently published the GovSearch API, exposing the company’s directory of over 260K government contacts. The database includes contacts from over 40,000 government agencies.
NovoPayment, provider of digital financial services, recently announced various upgrades to their developer hub that includes new APIs and enterprise customer functionality. The new APIs include back-end integration providing functionality from partners that include Visa, Facebook, and LexisNexis.
The ripple effects of regulation such as the EU's PSD2 and Open Banking initiatives in the UK and APAC, designed to stimulate increased competition in banking, are being felt worldwide. But what do these changes mean in practice for developers seeking to build fintech apps to work with bank APIs?
Cashplus continues to add to its Fintech API suite. Most recently, the company released its Payments API. The API enables small and medium sized business to initiate, approve, reject and submit payments from third party applications. The API can process thousands of transactions simultaneously.
BlockMarkets, provider of cryptocurrency market data, has announced a new API that will provide access to both real-time and historical cryptocurrency pricing. The company’s data set features over 500 assets in total, including leading cryptocurrencies, exchanges, and real-time USD spot rates.
The Centers for Medicare and Medicaid Services recently faced with the reality that their legacy system, one that processes 4% of the US GDP, needed to be modernized for a number of reasons. This is the story of what USDS is doing to address the situation and keep a mission critical system online.
Twelve APIs have been added to the ProgrammableWeb directory in categories including Financial, Cryptocurrency and Spreadsheets. Featured today is an API for Insurance brokers to fetch data about policies and customers, and an API for sonar imaging. Here's a rundown of the latest additions.
While we typically associate API trading with big brokerages or hedge funds running high-frequency arbitrage strategies, in reality, it's a broader market with many more opportunities for entry than most people think. API trading involves executing trades that are generally placed by an algorithm.
Australia introduced a Consumer Data Right roughly a year ago. While the government plans to enforce the right in the banking sector first, no legislation has yet compelled implementation. Nevertheless, Data61 published a working draft standard for the core standard principles and a banking API.
TransferWise, provider of borderless money transfer solutions, has announced the release of an open API. The company believes that exposing their API to more developers will accelerate the rate at which tools are developed that meet the needs of consumers.
BBVA launched a Banking as a Service platform in Europe before regulations all but compelled such platforms. It is ahead of the curve in the US as well. The company has moved the BBVA Open Platform out of beta, and ready for production environments for uses in the US. The platform is API-based.
Just as online trading expanded the options available to traders, a similar industry shift has been playing out over the past few years as algorithmic trading has become more accessible. This article looks at FXCM's platform including its API that helps traders get started with algo trading.
Bloomberg has launched Enterprise Access Point, a website that provides "ready-to-use" datasets which includes regulatory, pricing, and reference. The website also allows clients to use a RESTful API to programmatically retrieve complete and comprehensive data from Bloomberg's publishing platform.
Afinis, a membership-based standards organization, is looking to advance API standardization efforts across the financial services ecosystem through formal governance. This includes a platform for standardized API product discovery, application testing, and developer collaboration.
Sixteen APIs have been added to the ProgrammableWeb directory in categories such as Financial, Messaging, and Insurance. Highlights include the Bestow API for life insurance quotes and sales, and several APIs for Barclays financial services and banking. Here's a rundown of the latest additions.
RapidRatings is opening up API access to its Financial Health Rating solution. The Risk Management API will enable third parties to pull and aggregate data to run risk scenarios with historical and live data at a scale not previously possible. The solution includes a suite of three APIs.
Facebook created an API to fight abusive political ads. The Ad Archive API is being tested by a select group of researchers, academics, and publishers. Through the API, developers gain access to ad data including the ad creator, content, recipient, impressions, target demographic and more.
One of Kenya's largest banks, Equity Bank, made a huge advance in the fintech space with the launch of the Jenga Payment Gateway API. The API connects all parties in the financial ecosystem through API integration that enables account management, payment, charges, and much more.
The UK's FCA has required banks to participate in the API economy through its growing Open Banking Initiative. The FCA has made yet another use of APIs by requiring banks to report outages, service availability, helpline information, and complaints via APIs and/or a standard web format.
Fifteen APIs have been added to the ProgrammableWeb directory in categories including Messaging, PaaS, Finance, and Cryptocurrency. Featured APIs include a customer engagement platform for non-profits API from Jukko and MessageBird APIs. Here's a rundown of the latest additions.