Dwolla has launched a number of services and APIs in the recent past in an attempt to achieve its goal of "building the ideal API to move money." In an attempt to streamline its various services, Dwolla has repositioned its Access API to act as the umbrella to house all of its payment services.
Cashplus continues to add to its Fintech API suite. Most recently, the company released its Payments API. The API enables small and medium sized business to initiate, approve, reject and submit payments from third party applications. The API can process thousands of transactions simultaneously.
Screen scraping has bridged the connection gap between banks and fintech for decades, but banks are now starting to deprecate it because of PSD2. bunq has managed to build a growing community around its open API since 2017, and it serves as an example for other European banks striving to innovate.
