February 21, 2020
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Travelex Business allows the company's partners including banks, credit unions, retailers and digital technology companies, to access a broad range of payments and foreign exchange services in one place. The launch of the Travelex Business platform follows a four-year digital transformation project.
Afinis, a membership-based standards organization, is looking to advance API standardization efforts across the financial services ecosystem through formal governance. This includes a platform for standardized API product discovery, application testing, and developer collaboration.
This article looks at the advantages of cryptocurrency that can be applied to the API space by creating a decentralized API marketplace that removes many existing barriers. The API Network is modeled after bitcoin and hopes to remove the friction between API providers and consumers.