Turn Technologies recently announced an identity verification and mass payments platform through its Turn API. The identity verification platform searches more than 100 billion records across 10,000 databases in less than 10 seconds. Same day, mass payments are connected to 400 million US accounts.
One of the more interesting views given by the directory is a look at what sectors are seeing the most growth in APIs. The directory data model allows for one primary category as well as multiple secondary categories and in this article we take a look at which categories are most represented.
In preparation for this month's change to Automated Clearing House rules, Dwolla is updating its white label API to allow customers to opt-in (on a transaction by transaction basis) to an ACH option that specifies how a transaction should settle on the same day (provided other conditions are met).