February 25, 2020
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Royal Bank of Canada has launched a developer portal and set of APIs. The APIs can be used by eligible businesses and developers to add select RBC banking and services information to applications. Among the APIs are the Branch Locator API, Minimum Down Payment API, and the Amortization Schedule API.
With more than 6,000 active applications making more than 1 billion API calls each month, Intuit has revealed that it is working on a new QuickBooks Online API. The new API, along with the new QuickBooks Online v4, will contain improvements based largely on feedback provided by Intuit's customers.
Banks and Credit Unions have taken a segmented approach to integrating with third-party apps. Banks vary in their tech resources and infrastructure and apps must choose which banks they are willing to integrate with. Plaid aims to enable every bank and credit union to integrate with a single API.