Social data aggregator Gnip is partnering with Twitter to provide access to the microblogging giant's firehose at various levels through its Gnip API, but only for analysis, not display. Additionally, Twitter is transitioning all "gardenhose" developers--those receiving 10% of the Twitter stream--over to Gnip's service. Twitter, which has carefully chosen firehose customers in the past, now can focus on its core product, rather than directly selling access to its users' data.
Payment Rails has launched its Global Payout API which provides applications payout capabilities such as international ACH, real-time currency conversion, and global mass payouts. The platform provides access to a network for sending payouts using SWIFT, local banks, and other methods.
Bud launched as a single hub, or marketplace where banks can access the many tech services currently available and continuing to be developed in the FinTech space. Bud has taken the next step in its goal with the announcement of Bud Exchange (a developer portal for access to the Bud Network).