Mastercard has launched a new platform for developers that features 25 commerce APIs providing a wide range of capabilities across payments, data services, and security. Some of these APIs are experimental and can be used to test new cutting-edge technologies and applications.
By Jan 13th 2018, EU banks will be required to open payment and account services to third-party providers. The disruption this may cause in the banking industry is reminiscent of the shipping industry and the changes brought about by the standardization of containers 50 years ago.