December 18, 2019
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Dwolla has long used a ledger based organization system to track funds allocated through the Dwolla API. Now, Dwolla is exposing this functionality through a new API feature it calls Labels. Labels allow developers to track and identify fund allocation without duplicating accounts.
Take Twitter, add its concepts as a platform to banking and you get BankSimple, the unlaunched startup that you will definitely want to keep your eye on. BankSimple is a new take on online banking created by Twitter's former API guy, Alex Payne. BankSimple is aiming to create a banking platform, much as Twitter became a messaging platform.