March 25, 2020
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In preparation for this month's change to Automated Clearing House rules, Dwolla is updating its white label API to allow customers to opt-in (on a transaction by transaction basis) to an ACH option that specifies how a transaction should settle on the same day (provided other conditions are met).
Last month CIO Insight magazine published a piece by Edward Cone "Inside eBay's Innovation Machine", an interesting report on the importance of APIs and developer network to eBay's overall strategy. It's a worthwhile read, especially in terms of the scope of their program, how it's run, and where the money is.
Social data aggregator Gnip is partnering with Twitter to provide access to the microblogging giant's firehose at various levels through its Gnip API, but only for analysis, not display. Additionally, Twitter is transitioning all "gardenhose" developers--those receiving 10% of the Twitter stream--over to Gnip's service. Twitter, which has carefully chosen firehose customers in the past, now can focus on its core product, rather than directly selling access to its users' data.