August 12, 2017
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Intuit, maker of popular finance tools (i.e. Quicken, Quickbooks, FinanceWorks, FinanceWorks), announced the upcoming release of an open API and challenged the developer world: "Wanted! The Next Killer Finance App." Intuit President and CEO, Brad Smith, commented: "We're committed to unleashing the power of many to continue creating innovative solutions that improve people's financial lives." In a nutshell, the API will deliver the financial transaction data from thousands of financial institutions in a categorized format.
Facebook developers--all one million of them--can now monetize their apps using PayPal. The new partnership between the companies was announced at PayPal X Innovate, the online payment service's conference. PayPal's new micropayments will be integrated into Facebook for its virtual currency.