March 13, 2019
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GT Software announces the launch of Open Banking SmartBridge. This offering will provide banks and financial institutions with a quick and secure way to connect their legacy IT systems to the multitude of ever-changing third-party apps and services as the U.S. moves closer to open banking adoption.
APIs continue to work their way into just about every part of the digital economy. The latest example is Subledger, which offers a suite of APIs that let developers integrate accounting functionality into their applications.
RecordedFuture, at first glance, is scary. It’s one of those projects that brings the saying “with great power comes great responsibility” to mind. The company has developed a platform for providing momentum and sentiment ratings around two conceptual abstractions: events & entities. Its system is continually scanning “thousands of high-quality new publications, blogs, public niche sources, trade publications, government web sites, financial database, and more,” then making that available via the Recorded Future News Analytics API. This type of news aggregation and processing is a level of awareness that no single human could otherwise obtain. From a theoretical perspective, having a tool such as this at one’s disposal would create a huge information advantage. Could this be called an information weapon?