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.
Email marketing service provider MailChimp announced last week a new $1 million dollar fund for startups building products that integrate with the service's MailChimp API. MailChimp's program is somewhat unique in that they won't be asking for equity from the companies they fund. It's a pretty attractive deal for prospective partners and a trail-blazing move for a platform in an increasingly competitive industry.