July 2, 2018
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Netherlands-based bank ABN AMRO has launched the first version of its developer portal and a set of commercial APIs. Developers can use the APIs to add to applications banking capabilities such as generating payment requests, retrieve real-time balance information, and transfer multiple payments.
Escrow.com has announced a beta version of its Platform API. Through the API, third party apps and services can integrate the escrow services Escrow.com has long been known for. Once integrated, apps and services can hold money in trust until a transaction has fully completed.
A summary of discussions from OKFestival on open data business models reveals a strong commitment to fostering an ecosystem, while many startups commence with a composite model with multiple revenue streams.