Markets News 

The Data Behind B2B Payments’ API Excitement

“In the January PYMNTS.com B2B API Tracker, powered by FI.SPAN, the numbers present a picture of the B2B payments ecosystem embracing APIs to become faster, more agile, and more global” reports pymnts.com. Below, PYMNTS highlights some of the Tracker’s key data points to paint a picture of how APIs are guiding B2B payments evolution. $145 billion: the value of cross-border B2B payments as of December 2017.That means the remaining were B2C and P2P transactions, representing a major gap — and opportunity — for B2B FinTech, payment and API companies to step…

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News Oil 

API report reveals bigger-than-expected drop in crude-oil inventories

“However, the API data also showed a gain of 3.1 million barrels in gasoline stockpiles, while inventories of distillates rose by 2.8 million barrels, sources said” writes Mark Decambre for marketwatch.com. Supplies at the crude hub in Cushing, Okla., were down 1.3 million barrels, versus forecasts for a decline of 590,000.Supply data from the more closely followed Energy Information Administration will be released Thursday.The American Petroleum Institute on Wednesday showed that U.S. crude supplies declined by 6 million barrels for the week ended Dec. 22, according to sources, compared with…

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News 

All Android apps to have 64-bit support by August 2019, improved performance will be the result

“Possibly the most significant point discussed in the post is the 64-bit support requirement for apps coming in August 2019” writes Scott Adam Gordon for androidauthority.com. This isn’t just good news because it could make apps more secure, though, but because forcing developers to support 64-bit comes with benefits itself.Next, Android apps will be required to target a recent Application Programme Interface (API) level from August 2018. This will arrive as part of Google’s plan to ensure all Google apps support 64-bit code only in the future, and Google says…

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News Platforms 

Payment Rails Latest To Roll Out API-Enabled Global Business Payments Platform

“Payment Rails is making its official step into the cross-border payments market through the launch of its application program interface (API) and payment platform, the company said Thursday (Dec. 7)” reports pymnts.com. In a press release, Payment Rails said its white label platform supports business payments sent to more than 220 countries in more than 135 currencies.The solution is available to businesses and platforms that can integrate the solution via API, allowing developers to add a cross-border payment solution into their own products.Our platform provides the same level of treasury…

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News 

Google launches Cloud Video Intelligence API out of beta

“Google announced today that its Cloud Video Intelligence API is generally available, along with a new Content Classification feature for its Cloud Natural Language API. The updates are aimed at giving customers new capabilities for making their applications smarter using prebuilt machine learning systems” writes Blair Hanley Frank for venturebeat.com. The release comes roughly a week after Amazon Web Services announced a new set of machine learning APIs, including services for video intelligence and natural language understanding. Continuing to release features for its intelligence services is key to maintaining that…

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News 

Google launches Poly API for AR/VR assets in Unity and Unreal

“Google launched Poly in early November as a way for developers to find 3D assets for their virtual reality and augmented reality projects” writes Stephanie Chan for venturebeat.com. Poly has a library of creative commons 3D objects and scenes, and folks can also upload assets they’ve made using Google’s VR creation tools Blocks and Tilt Brush. Source: venturebeat.com Share This:

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News Oil 

Oil prices climb as sources say API data show drop in U.S. crude supplies

“Analysts polled by S&P Global Platts expect the EIA to report a decline of 2.1 million barrels for crude inventories” writes Markets Commodities Reporter for marketwatch.com. The American Petroleum Institute reported Tuesday that U.S. crude supplies dropped by 6.4 million barrels for the week ended Nov. 17, according to sources.They also forecast a rise of 1 million barrels for gasoline and a draw of 1.8 million barrels for distillate supplies.The API data also showed a rise of 869,000 barrels in gasoline stockpiles, while inventories of distillates fell by 1.7 million…

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News Platforms 

Fiorano Introduces PSD2 Platform For Banks

“PSD2 is largely designed to promote open banking and boost competition in the financial services space, as more FinTech solutions emerge that require access to data financial institutions” reports pymnts.com. The company revealed its new solution on Monday (Nov. 20), Fiorano PSD2, a platform for FIs across the EU to ensure compliance with PSD2, built on the company’s existing API Management capabilities and banking integration management tools.The company noted its solution integrates with banks’ existing platforms and takes a few weeks to implement.The tool provides banks with secure APIs to…

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