TESOBE, Berlin-based software development firm, has launched the Open Bank Project with the hopes of bringing more transparency to the world's banking community. To accomplish its goal, the Open Bank Project provides an API that banks utilize to provide transaction data to interested parties. Given the hypersensitivity of financial information, the Open Bank Project must persevere through many obstacles. However, should the idea catch hold, it could be the first example of open banking as a service.
Openmind Networks, communications services platform, has announced the Openmind API which opens up its up its mobile communications platform to the developer community. Most of Openmind's feature set becomes available through the API. The API arms developers with a telco-grade communications platform upon which new innovative apps can be built.
Developers, prepare your apps! Google is widely expected to debut its Android Wear 2.0 platform in early February, and the company wants to ensure a wide selection of compatible apps are available at launch. Be sure to take advantage of the on-watch Play Store and stand-alone functionality.