The Capital One Android SDK by Capital One allows to implement banking features into Java & Android applications. Includes installation with jar and usage with singleton. Nessie, the site in which public data is available, is Capital One’s Hackathon API.
BancBox, payment services provider, has announced a new service and correlating API: BancBox Crowd. BancBox Crowd consists of the first independent escrow service for debt, equity, and revenue share crowdfunding portals. The service provides an online portal that eliminates the legacy escrow process (e.g. paperwork, waiting, etc.).
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.
Open banking uses APIs to make services like algorithms, data, identity, processes and other business functionality available to ecosystems of customers, employees, third-party developers, fintechs, vendors and other partners. This article offers four reasons open banking will go mainstream in 2016.