October 28, 2019
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The UK's FCA has required banks to participate in the API economy through its growing Open Banking Initiative. The FCA has made yet another use of APIs by requiring banks to report outages, service availability, helpline information, and complaints via APIs and/or a standard web format.
NovoPayment, provider of digital financial services, recently announced various upgrades to their developer hub that includes new APIs and enterprise customer functionality. The new APIs include back-end integration providing functionality from partners that include Visa, Facebook, and LexisNexis.
Developers are definitely worth their weight in gold. The Royal Canadian Mint has introduced a digital currency called MintChip and has thrown open a Developer Challenge. The challenge wants developers to create digital payment solutions using the MintChip API and the best applications stand to win gold. Yes, you read that right, actual physical gold.