December 17, 2019
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With iZettle's new iOS API it is possible to include credit card payments in any IOS app. iZettle is a Swedish company known in locally as “Spotify for payments” and in the US as “the European Square”. Using their chip card reader and iOS app, small businesses and individuals can charge via VISA, Mastercard, American Express or Diners Club and the payment is finalized with the card holders signature written with the finger straight on the iOS screen. So far the payment service is available in Sweden, Norway, Denmark, Finland and is being tested in the UK. They just got a €25 million to roll out in more countries world wide.
This article looks at the advantages of cryptocurrency that can be applied to the API space by creating a decentralized API marketplace that removes many existing barriers. The API Network is modeled after bitcoin and hopes to remove the friction between API providers and consumers.
After it was revealed that over 143 million Americans may have been impacted when their personally identifiable information may have been breached through the credit reporting agency Equifax, there were further revelations that the so-called secret PINs issued by Equifax were actually timestamps.