November 19, 2019
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One of Kenya's largest banks, Equity Bank, made a huge advance in the fintech space with the launch of the Jenga Payment Gateway API. The API connects all parties in the financial ecosystem through API integration that enables account management, payment, charges, and much more.
VirWoX, the Virtual World Exchange for trading currencies in virtual worlds like Second Life, recently unveiled the VirWoX API. The API provides live access to real time quotes from the VirWoX marketplace, where the currency for Second Life, called Linden dollars, can be traded in several real-life currencies (see our VirWoX API profile for details). The Virtual World Exchange provides opportunities for Second Life members to buy and sell Linden dollars in U.S. dollars, Euros (EUR), UK pounds (GBP), and other currencies, potentially reducing the transaction costs for converting between real-life money and Linden dollars.
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.