June is here, and it’s hot! Not just high temperatures; it’s been a hot month for API news. We are not taking a summer vacation from our API news roundup. In fact, this month we have a special new section about API news in banking. So sit back, sip a cool drink and enjoy this summary of the latest API news stories.
API News Roundup – June 2019
Facebook’s API Shows How It Shares Ad Data
Facebook is providing more insight into how it shares advertising data, with the launch of its Ads Archive application programming interface (API). The “Ads Archive” was introduced last year, but lacked many of the features to carry out a large-scale analysis, including the download of data. However, the social media giant assured researchers: “We’re working closely with … stakeholders to launch an API for the archive.”
Google Pay Adds API Services: Will There Be Any Takers?
Google wants merchants to use new Google Pay APIs to link the merchant’s loyalty and gift cards, as well as boarding passes to the user’s Google Account. This enables Google Assistant to manage the consumer across multiple touchpoints. As an example, once notified of flight check-in availability, Google Assistant can help the user complete the process. Once done, the boarding pass is accessible from Google Assistant or from Google Pay.
Axway unveils a new event-driven solution to stream APIs to your API strategy
Axway announced a new event-driven API streaming solution called AMPLIFY Streams. It’s the latest addition to the AMPLIFY API Management product line in Axway’s hybrid integration platform (HIP) and provides a necessary option for organizations looking to improve their overall API strategy.
WiseGuyRerports.com Presents “Global Full Life Cycle API Management Market Size, Status and Forecast 2019-2025” New Document to its Studies Database
This report focuses on the global Full Life Cycle API Management status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Full Life Cycle API Management development in United States, Europe and China.
Read the full report.
Banking API News
Mastercard Launches Open Banking Platform To Further API Standards
Lead, follow or get out of the way — that seems to apply to the rise of Open Banking, which promises more financial services innovation, along with greater financial transparency and flexibility. While nothing is inevitable, and even the best plans are always in danger of stalling out or being derailed, the energy behind Open Banking is gaining steam. The latest evidence of that comes from Mastercard.
Token CEO: Why Open Banking Is Really ‘Closed Banking’
More than a year into Open Banking’s debut in Europe, Token.io Limited CEO Steve Kirsch told PMYNTS.com that there’s a precedent in managing transactions effectively and safely, and in giving consumers access and control over their data as financial service firms seek to serve up innovative banking products. As most of Hollywood knows, though, the original is better than the sequel.
London fintech Yapily raises $5.4M to offer a single API to connect to banks
Yapily, a London fintech startup that offers an Open Banking-based API platform to enable financial services providers and other types of enterprises, such as merchants, to connect to banks, has raised $5.4 million in seed funding.
Count on API Friends to bring you the top API news stories every month. Do you have a story you want to be included in the next roundup? Reply to this post or e-mail me your stories.
Read last month’s API News Roundup.