Payment Rails has launched its Global Payout API which provides applications payout capabilities such as international ACH, real-time currency conversion, and global mass payouts. The platform provides access to a network for sending payouts using SWIFT, local banks, and other methods.
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Netherlands-based bank ABN AMRO has launched the first version of its developer portal and a set of commercial APIs. Developers can use the APIs to add to applications banking capabilities such as generating payment requests, retrieve real-time balance information, and transfer multiple payments.
In today's roundup we cover Google's work to bring the Activity Recognition Transition API to developers next year in order to power the Do Not Disturb mode when driving. We also look at proposed standards from the W3C and IFX Forum for an Indexed Database and open banking APIs.
ForwardLane continues to build its FinTech brand on the value artificial intelligence brings to investing. It has introduced two new APIs (Personalized Insights & Expert Conversation) which aim to use machine learning to analyze various sets and forms of data to enhance investment decisions.
Developers were angered when Yahoo Finance deactivated a CSV download feature that was being treated as an API. As a result, it appears as though several applications broke and developers voiced their disappointment. But, as it turns out, they were taking a big risk in the first place.
The Federal National Mortgage Association, or Fannie Mae, a government-sponsored enterprise and key player in the secondary mortgage market, is currently beta testing an API platform that it says will “level the playing field” for lenders in the multi-trillion dollar market for mortgages.
Eleven APIs have been added to the ProgrammableWeb directory in categories including Wearables, Customer Service, Financial and Jobs. Highlights include the Capital One Customer Transactions API, which allows customers to view their credit card information within a third-party application.
On Thursday, Singapore-based DBS Bank, Southeast Asia's biggest bank, announced a banking API developer platform that it says is "the largest by a bank anywhere in the world." The platform consists of over 150 APIs that cover numerous functional categories including accounts and payments.
Those with Capital One banking or credit card accounts, who also use one of Intuit's many services (e.g. TurboTax, QuickBooks, Mint, etc.) may have an easier time transferring financial data from Capital One to their Intuit service through a new, API-driven partnership recently announced.
Capital One has added another API to its DevExchange portfolio of banking APIs. This one is called the Merchant Insights API and it applies machine learning to transaction data in order to unearth interesting insights about a business such as the hours that it is open during each day of the week.