October 22, 2015
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Bank of America, the second largest bank in the U.S., introduced a new API on Tuesday for its corporate treasury customers. Using the API, these customers can access their banking information and perform real-time transactions. The bank believes that it will improve its ability to collaborate.
The Billy's Billing API is aimed at small business entrepreneurs who have their hands full. (That description excludes no start up of course, but at certain crucial phases, it's really really hard to tear yourself away from the growth of the business to focus on...accounting. Ugh. And if you get a system that's too big for your needs to start with, it will cost you dearly in both money and time. For the small time operator, Billy's could be just the thing. Billy's goal is to handle invoices, contacts, payments, products, schedules, transactions, accounts, and more.
OFX, a foreign currency exchange company, last week announced that its OFX Developers program has exited beta and is now open to all developers. OFX Developers offers a Payments API that gives developers 24/7 access to the global currency markets at rates more competitive than banks'.