December 1, 2015
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BancBox, payment services provider, has announced a new service and correlating API: BancBox Crowd. BancBox Crowd consists of the first independent escrow service for debt, equity, and revenue share crowdfunding portals. The service provides an online portal that eliminates the legacy escrow process (e.g. paperwork, waiting, etc.).
Dwolla has long used a ledger based organization system to track funds allocated through the Dwolla API. Now, Dwolla is exposing this functionality through a new API feature it calls Labels. Labels allow developers to track and identify fund allocation without duplicating accounts.
Every year 15 million people are victimized by identity theft in America alone. Identity theft is an ever-present concern in the minds of consumers worldwide and the continued migration of commerce to the internet is only exaggerating the issue. Barzahlen, an online payment solution in Germany, is thinking outside the box and presenting an interesting alternative to online payment. Using the Barzahlen API developers can offer Barzahlen as a payment option in their online stores. Selecting this payment option would allow customers to claim the product online, then take a receipt to a physical Barzahlen location to process the payment in person.