October 26, 2017
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Microsoft's latest version of its search API (our Live Search API Profile), which was released last November as a public beta, seems to be gaining quite a bit of momentum. According to a recent post on the Live Search Blog, the API is serving more than 3 billion queries per month, more than 5,000 applications to use the API, and queries from third party sites account for 80% of the API's query volume.
Lately we're seeing a lot more talk about API monetization. Last week we covered TweetPhoto's efforts at encouraging developers to use the TweetPhoto API through a transactional payment model (one penny or so for each photo uploaded via the API). Last month we covered Bandsintown, which provides affiliate earnings via use of its Bandsintown API. And more recently Touchnote announced an affiliate payment model (with a whopping 30% royalty) for developers working with its image API.
Singapore's OCBC continued growing its banking API portfolio with the the GIRO API and sandbox versions for four transactional APIs (Account Balance, Account Transaction, Merchant Card Payments, and Pay Anyone). The bank has partnered with the Singapore government for its first implementation.