Envstnet | Yodlee announced new API architecture behind its platform. Based on developer feedback, the company introduced the Aggregation API. The API enables users to connect bank, retirement, and other financial accounts to systems that advisors and personal users utilize to manage finances.
Open Banking has launched two API specifications; Accounts and Transaction Information and Payments Initiation. These API specifications will allow banking customers and small business to share their financial data with third-party applications, and will be live from January next year.