The Latest News On The API Economy
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As Financial Institutions consider making a foray into the IoT space, they must consider the role that APIs play. APIs can help set the stage for IoT initiatives and banks should take the time to understand the types of APIs available to them and how those APIs are central to any digital strategy.
Stripe, a provider of a payment processing platform, is launching an embedded finance API called Stripe Treasury. The new API will allow partners to embed banking services into their platform or online marketplace in order to create bank accounts, store funds, move money, and pay bills.
Cambridge Global Payments, a provider of integrated cross-border payments and currency risk management solutions, has announced it is launching an enhanced version of the Application Programming Interface platform that will open it up for third-party and software developers around the world.
Six APIs have been added to the ProgrammableWeb directory in categories including Nutrition, Cryptocurrency and Payments. Highlights include an API that returns data from thousands of restaurant menus and an API that provides astronomical data. Here's a rundown of the latest additions.
Radius Bank, a forward-thinking digital bank, announced today the next step in its partnership with API (application programming interface) banking leader Treasury Prime with the launch of their Commercial API Banking Platform and corresponding sandbox testing environment.
IMB Bank, an Australian bank, recently announced its Open Banking platform. The first release of the platform shares data related to deposits and transactions. More specifically, data includes relevant features, rates, and fees. The platform shares such information through an API.
In January of 2020, Google discovered a wave of fraudulent transactions that were taking place on the Chrome Web Store. As a result of these actions, Google suspended the ability to publish or update any commercial Chrome extensions and later suspended use of the platform’s payment API.
ClearBank, a cloud-based clearing bank, has announced multi-currency bank accounts via API. ClearBank expects to offer over 30 multi-currency bank accounts in the fourth quarter of 2020. This capability will allow users to seamlessly move funds between accounts with real-time FOREX pricing.
Eight APIs have been added to the ProgrammableWeb directory in categories including Payments, Names, and Monitoring. Highlights include an API for conversational AI and an API for integrating a paywall service into applications. Here's a rundown of the latest additions for developers.
PayByFace, a provider of biometric authentication services, has announced early access to a new developer portal and accompanying APIs. The company is hoping that increased engagement with external developers will improve customer experiences while also increasing innovation.
When we first looked at the fastest growing API categories of recent years, Financial and Payments both made the list. We've seen a number of signals that there is great interest in API related to Finance so we decided to take a deeper look at the category's growth this month.
Fourteen APIs have been added to the ProgrammableWeb directory in categories including Payments, Messaging, and Mapping. Highlights include an API for Cohesity data management and backup service, and an API for WhatsApp messaging event notifications. Here's a rundown of the latest additions.
Metal, a cryptocurrency-based payment solution provider, announced the early beta release of its Proton Open SDK. The company breaks the SDK into three categories: native wallet SDKs, Proton API, and Web SDKs. The native wallet SDKs and Proton API are now available for beta testing.
Mode, a digital banking app, is launching its first open banking feature. The feature allows users to connect external banking accounts with the Mode app, specifically enabling quick top ups. The feature is made possible through its partnership with Modulr. Top ups are now available in a few taps.
Thirteen APIs have been added to the ProgrammableWeb directory in categories including COVID-19, Banking and Sustainability. Included is an API that enables users to convert spreadsheets to APIs, an API for intelligent pricing services, and an API for verifying identity in real time.
Co-operative Bank Kenya has announced a suite of open APIs to help developers integrate and manage payments in web or mobile applications. The bank's goal is to take care of the robust programming resources necessary to securely and efficiently incorporate modern payment services.
The new Service API provides a REST interface for publishing and requesting data, making Diffusion available to any programming language that can make an HTTP request – there’s no longer a need to install an SDK and developers can immediately start publishing from a command line.
Eight APIs have been added to the ProgrammableWeb directory in categories including Payments, Cryptocurrency and Machine Learning. Highlights include the LunarCRUSH API which provides trend analysis about cryptocurrency and the QuadPay API for splitting payments into four installments.
Profile Software, a banking and investment management solution provider, has launched Acumen-net eFX. The new solution allows banks and their clients to access and manage risk associated with foreign exchange. The new offering builds on the company's existing treasury management platform.
HSBC Hong Kong has announced a new API that aims to support more advanced payment collection options. Using the new API developers will gain access to instant electronic Direct Debit Authorisation (eDDA) and real-time payment transfer functionality.