March 22, 2019
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Payments NZ, a governance organization that helps oversee New Zealand's payments system, has announced a pilot of two new open banking APIs. One will allow developers to access account data and the other will allow developers to connect directly to banks to make credit payments.
Xero, cloud accounting software provider, has expanded its Payroll product to integrate with other applications via the Payroll API. The Payroll API allows developers to build add-on apps to work alongside Xero products, or integrate Xero functionality into existing apps and workflows. Xero's target audience remains in the SMB space who typically cannot afford massive onsite, dedicated ERP and accounting software packages.
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.