April 13, 2020
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With the many vulnerabilities of scraping bank account data causing concerns for some large banks, Wells Fargo recently announced that it intends to create an API to enable integration with accounting software Xero to give small businesses better visibility of their banking data.
HP IDOL OnDemand is a suite of APIs focused on solving overcoming some of the tough challenges of the data boom. Indeed, data is being generated at levels never before seen, and the flow shows no signs of stopping or even slowing down. This data comes from many different sources, and, to make use of it, organizations must be able to effectively tap into--and make effective use of--unstructured text and images. This will enable them to drive a variety of key applications, ranging from business intelligence to analytics to behavior analysis. This is no easy task: The data in question may not be in the format that you want (or need) it in, and it involves text/image processing algorithms combined with natural language processing.
Thousands of researchers, entrepreneurs, and executives need to tap into Web data to deliver insights. Access to structured Web data tends to be limited at best, and heavily gated by billion dollar corporations. Consuming crawled web data with an API usually makes more sense for businesses.