December 16, 2019
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Payments NZ, an organization charged with payments governance in New Zealand, has released its first two API standards. The Payment Initiation specification and the Account Information specification were both piloted by major NZ banks and API providers. Version 1 of both are now available.
DriveWealth has announced an expansion of its API portfolio. The latest set of APIs focus on wealth management and assist investment advisors to better serve their clients. The new APIs enable recommendations, automated portfolio balancing, and fully discretionary investor options.
The Amazon Web Services team has announced a new "Requester Pays" pricing model for their Simple Storage Service (S3). Amazon's S3 service, which provides scalable access to Amazon's online data storage infrastructure, enables customers to rapidly scale their platform using a cost effective pay-as-you-go model. Now, the new S3 Requester Pays Model gives S3 customers the built-in ability to charge their users for specific data transfers. Furthermore, Amazon takes care of the billing for the requested data, eliminating excess accounting overhead for the data providers. From their announcement: