July 24, 2018
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The Currency Cloud, cross border payment as a service provider, has enabled developers to integrate international payment processing with an API: XBPConnect. Prior to the Currency Cloud, payment/invoice software required users to leave the platform and engage a third party to process an international invoice. The Currency Cloud allows cross border and multi-currency transactions from a single platform. The API allows developers to integrate the functionality into existing apps and platforms.
As part of an evolving mobile cloud services strategy Oracle envisions a world where developers will be able to shop for APIs in the equivalent of an online store. According to Suhas Uliyar, vice president of mobile strategy product management for Oracle, the initial focus of the Oracle Mobile Cloud Service platform is to allow internal IT organizations to set up their own backed-as-a-service (BaaS) capabilities to integrate mobile computing applications with a variety of backend systems running on Oracle software.