PayZang Launches Payment Processing API

Eric Carter, March 25th, 2013

PayZang, payment processing provider, has introduced a new payment API. The API allows merchants to integrate payment options with third party applications and platforms. PayZang hopes to attract new customers with the API because integration will speed up online shopping and bill pay experiences.


Buyvite Group Pay Launches API That Allows Developers to Add Social Cost Splitting Functionality to E-Commerce Websites and Apps

Janet Wagner, March 22nd, 2013

Buyvite Group PayBuyvite Group Pay, a social payment platform allowing multiple people to contribute to a single payment transaction, has announced the launch of the Private Label Group Payment API which allows social payment and cost splitting functionality to be added to e-commerce websites and applications.


Prosper Enhances API and Aims to Increase Peer-to-Peer Lending

Eric Carter, March 15th, 2013

ProsperProsper, 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.


Betable Announces 2nd Hackathon and Aims to Disrupt Gambling and Gaming

Eric Carter, March 11th, 2013

BetableBetable, the first platform that allows developers to legally create gambling games (without the developer procuring a license), has announced its second hackathon: Betable Hackathon 2.0. Building on the success of their its first hackathon, Betable expects everything from traditional casino games to unheard of games of chance and strategy to debut at the hackathon. With more and more states legalizing online gambling, the timing of this San Francisco event has been timed perfectly.


Too Big to Innovate? How Losing the Mobile Wallet Wars Might Make Those Banks Small Enough to Fail

Greg Bates, March 7th, 2013

VISA POS Solutions ProgramIn a study released by the US-based Carlisle & Gallagher Consulting Group, Finextra reports that the big venerable players are falling behind.


Balanced Payouts Offers Next Day Deposit via API

Eric Carter, February 19th, 2013

BalancedBalanced, online payments solutions provider, has launched a new API: Balanced Payouts. The new API allows developers to integrate next day ACH deposits into existing apps and web properties. The next day deposit functionality was previously available through Balanced’s full marketplace payments platform; however, after considering customer feedback, the company decided to offer the functionality as a standalone product.


Open Bank Project Aims for Transparency and Banking as a Serivce

Eric Carter, February 15th, 2013

TESOBE, Berlin-based software development firm, has launched the Open Bank Project with the hopes of bringing more transparency to the world’s banking community. To accomplish its goal, the Open Bank Project provides an API that banks utilize to provide transaction data to interested parties. Given the hypersensitivity of financial information, the Open Bank Project must persevere through many obstacles. However, should the idea catch hold, it could be the first example of open banking as a service.


The Valutec API: Loyalty and Gift Cards on Plastic and Ecards

Greg Bates, February 14th, 2013

ValutecValutec Card Solutions provides loyalty, rewards and gift cards for specialty retail, restaurant, spa/beauty salon, hospitality, and other merchants to sell to customers. The Valutec API allows merchants to load the cards with balances, activate previously issued cards, and charge purchase to the cards. In addition, methods support ecard versions. The API provides both SOAP and HTTP GET interfaces.


Integrate Cross-border, International Payments Processing with Currency Cloud’s XBPConnect API

Eric Carter, February 13th, 2013

The Currency Cloud, cross border payment as a service provider, has enabled developers to integrate international payment processing with an API: XBPConnect. Prior to the Currency Cloud, payment/invoice software required users to leave the platform and engage a third party to process an international invoice. The Currency Cloud allows cross border and multi-currency transactions from a single platform. The API allows developers to integrate the functionality into existing apps and platforms.


Coming in May: Amazon Coins, a New Virtual Currency for Kindle Fire

Janet Wagner, February 7th, 2013

Amazon Web ServicesEarlier this week, ProgrammableWeb reported that Amazon has released an In-App Purchasing API for applications and games developed for Mac and PC platforms. A Kindle Fire In-App Purchasing API has been available in the Amazon Mobile App SDK since early last year. Amazon has now announced that another tool will be made available for developers to monetize games and applications; Amazon Coins, a new virtual currency for Kindle Fire that will be launched in the U.S. this May.


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