February 17, 2020
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Escrow.com has announced a beta version of its Platform API. Through the API, third party apps and services can integrate the escrow services Escrow.com has long been known for. Once integrated, apps and services can hold money in trust until a transaction has fully completed.
As a consumer of APIs, one thing you encounter every day are API rate limits. Just about every API has limits on the number of calls you can make against their API. As developers, we accept the limits because in many cases we are getting the API for free. And in some cases, even the rates aren't enough for a provider to get what it needs, as when Google put the kibosh on Translate. Are limits simply a sign that a provider needs to find a strategy that scales?
Allfunds, one of Europe's leading fund platforms, has announced its intention to leverage its dominance in the fund space to expand into the fintech space. Through the upcoming Allfunds API Platform, Allfunds will give its customers API access to the host of services that Allfunds offers in-house.