November 18, 2019
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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.
CreditRegistry, Nigeria's largest credit bureau, has launched an API to help financial institutions validate status checks on potential customers. The CreditRegistry Dud Cheque API should help lenders, retailers and other businesses from accepting checks from serial dishonored (Dud) check issuers.
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.).