June 10, 2015
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Open Banking is aiming to give consumers access to real-time banking data through the use of APIs. The successful implementation of this type of system will change the way people save, borrow, spend and invest their money, as well as encourage healthy competition in the financial services industry.
DarkmindFX introduced an API that streamlines access to company financial data. DarkmindFX started with SEC-regulated companies, specifically the S&P 500. Users can easily access balance sheet and other data from companies' SEC filings. The S&P 500 is the starting point with expansion planned.
BetterWorks announced an API that connects data points from across an enterprise into a single report, dashboard, or method. The API enables companies to gather the data necessary to create and measure company goals. BetterWorks aims to "combine the power of goals and the value of people".