November 19, 2019
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OCBC bank launched four open APIs that allow developers to integrate bank products and services with third party apps and programs. The move marks one of the first Southeast Asian banks to open an API. The launch is in line with broader government initiatives to develop FinTech sector development.
Prosper, America's first peer-to-peer lending marketplace, launched a new set of API services that enable lenders to develop tools that enhance the ability to reach investment goals. The API provides over 550 data points that lenders can use to evaluate investment opportunities. Propser expects users to integrate the Prosper API into existing tools or build new tools based on the API and its underlying data set.
Co-operative Bank Kenya has announced a suite of open APIs to help developers integrate and manage payments in web or mobile applications. The bank's goal is to take care of the robust programming resources necessary to securely and efficiently incorporate modern payment services.