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Innovation in web service APIs is not always technical, sometimes it's about money. Such is the case with Yahoo's announcement that later this year they will begin charging for usage of BOSS (Build your Own Search Service), their search web service for developers. Given that search revenue is typically ad-driven, and that advertising doesn't typically mesh with APIs, this has meant that search APIs have been one of the most challenging classes of APIs for providers to monetize. So it's notable to see how Yahoo has chosen to tackle this: via a 'utility' pricing model, somewhat akin to how infrastructure services like Amazon Web Services charge by usage.
Lately we're seeing a lot more talk about API monetization. Last week we covered TweetPhoto's efforts at encouraging developers to use the TweetPhoto API through a transactional payment model (one penny or so for each photo uploaded via the API). Last month we covered Bandsintown, which provides affiliate earnings via use of its Bandsintown API. And more recently Touchnote announced an affiliate payment model (with a whopping 30% royalty) for developers working with its image API.
NAB FX Rates
||The NAB FX Rates API provides a list of all known buy and sell rates on the Foreign Exchange. This is an official API provided by National Australia Bank Limited||Currency||01.09.2017|
||The IbanFirst API allows developers to programmatically access IbanFirst accounts and perform actions such as execute FX trades, send cross-border payments, and monitor accounts. IbanFirst is a...||Financial||01.09.2017|
DataYuge IFSC Code
||The DataYuge IFSC (Indian Financial System Code) Code API offers the latest alphanumeric codes for EFT transfers in India. The API is free of charge, and has no limitations. API Keys are needed for...||Banking||12.29.2016|
||The MultiChain API boasts "feeling at home" if you’re familiar with bitcoin. The API has maximal compatibility with Bitcoin Core, the reference client for the bitcoin network. As a fork of...||Bitcoin||12.20.2016|
||The GetMyInvoices REST API collects, finds, and transfers incoming invoices from online portals and email accounts to bookkeeping software. The API is not public. Please contact https://www....||Financial||12.16.2016|