Online stock and options brokerTradeKing, has just announced the results of its $100K Campus Challenge for students to use its TradeKing API. The API lets developers build applications to manage trading activity, access to market data and account management. The company challenged business students to create uniquely new web and mobile applications.
The ripple effects of regulation such as the EU's PSD2 and Open Banking initiatives in the UK and APAC, designed to stimulate increased competition in banking, are being felt worldwide. But what do these changes mean in practice for developers seeking to build fintech apps to work with bank APIs?