The Kite Connect Trading Python SDK interacts with the API to access investment and portfolio features. Developers can make orders in real time, manage a user portfolio, and stream live market data (WebSockets) with the HTTP API collection.
As Financial Institutions consider making a foray into the IoT space, they must consider the role that APIs play. APIs can help set the stage for IoT initiatives and banks should take the time to understand the types of APIs available to them and how those APIs are central to any digital strategy.
Email marketing service provider MailChimp announced last week a new $1 million dollar fund for startups building products that integrate with the service's MailChimp API. MailChimp's program is somewhat unique in that they won't be asking for equity from the companies they fund. It's a pretty attractive deal for prospective partners and a trail-blazing move for a platform in an increasingly competitive industry.
Open Banking has launched two API specifications; Accounts and Transaction Information and Payments Initiation. These API specifications will allow banking customers and small business to share their financial data with third-party applications, and will be live from January next year.