The Afterbanks Ruby SDK by Quipu connects an existing financial application with a banking aggregation system. Developers can request data related to bank lists, client licensing, and financial products.
The line between what constitutes a software-as-a-service (SaaS) application and a platform-as-a-service (PaaS) environment has always been relatively thin. SaaS applications that expose an API to third-party developers can quickly transform into a development platform.
Balanced, online payments solutions provider, has launched a new API: Balanced Payouts. The new API allows developers to integrate next day ACH deposits into existing apps and web properties. The next day deposit functionality was previously available through Balanced's full marketplace payments platform; however, after considering customer feedback, the company decided to offer the functionality as a standalone product.
Mobile commerce is a huge business opportunity because, at least in the United States, there is not much infrastructure to support it. That's why mobile platform company Appcelerator recently announced its integration with the PayPal API. Now iPhone, Android and iPad developers using the paid version of the company's Titanium framework also get the ability to conduct mobile commerce.