APIs are no longer technical nice-to-haves. These three letters are being spoken in board rooms and used as the basis for business strategy. One place you can see the effects of API growing up is the sheer number in our directory. But big numbers only tell us so much. In our many discussions with API providers, we've noticed a pattern with how many are approaching their platforms. These threads point to an alternate meaning for API: Apps, Partners and Income.
The free evening newspaper The London Paper made headlines itself last week, for two seemingly contradictory reasons. First, New Media Age reported the paper is launching an API. Then, further reports said it will cease publishing in less than a month.
Vantiv has announced the general availability of its payment processing API: triPOS Cloud. triPOS Cloud is an open architecture platform that allows merchants and ISVs to integrate Vantiv's payment processing features with their POS systems across hardware and software platforms.