Bud launched as a single hub, or marketplace where banks can access the many tech services currently available and continuing to be developed in the FinTech space. Bud has taken the next step in its goal with the announcement of Bud Exchange (a developer portal for access to the Bud Network).
On Thursday, Singapore-based DBS Bank, Southeast Asia's biggest bank, announced a banking API developer platform that it says is "the largest by a bank anywhere in the world." The platform consists of over 150 APIs that cover numerous functional categories including accounts and payments.
Paidpiper, mobile payments processing provider, offers its unique mobile payments platform via the Paidpiper API. Instead of relying on network security to ensure reliability and compliance, Paidpiper's unique approach secures the smartphone making the transaction to prevent malfeasance and fraud. By securing the smartphone itself, no need for additional POS hardware becomes necessary.