The Plaid PHP SDK by Michael Barany provides backend PHP and API interfaces for working with the Plaid API. It also features a fully responsive AngularJS frontend that allows users to manage Plaid API’s aggregated banking information. Its deployment requires Linux, the onwards of PHP 5.4, composer, relational SQL database, and NodeJS and NPM platforms.
Q2 announced its Q2 Open offering. Q2 Open is a fintech API portfolio designed to bring banking features to third party app developers and financial institutions. Through an API-first approach, Q2 can deliver debit, savings, ledger, and billing services efficiently to institutions of all sizes.
What happens when Joe Investor ("sophisticated" or otherwise) backs too many ventures that go bust that take him down with them? Now that crowdfunding is legal thanks to the JOBS Act passed in 2012, scenarios like this and worse have the potential of becoming much more frequent. But just because it's legal doesn't mean it's free of regulation. In fact, the regulations that are still being hammered out promise to be fierce. How will a crowd sourcing investment site, or an enterprise looking for financing on one of those sites, keep track of it all? Actually, that may not even be possible--unless the funding portal uses a service like the Crowdbouncer API.