Comments on: Developers: register your API key and start your own credit union/bank http://lebleu.org/blog/2008/06/27/developers-register-your-api-key-and-start-your-own-credit-unionbank/ Thoughts on the future of money Wed, 04 Sep 2013 05:52:33 +0000 hourly 1 https://wordpress.org/?v=4.1.42 By: Pierre Henri Clouin http://lebleu.org/blog/2008/06/27/developers-register-your-api-key-and-start-your-own-credit-unionbank/comment-page-1/#comment-772 Tue, 01 Jul 2008 05:05:47 +0000 http://lebleu.org/blog/2008/06/27/developers-register-your-api-key-and-start-your-own-credit-unionbank/#comment-772 Standards like OFX and FIX would provide a leg up in terms of coverage (in terms of both functionality and critical mass of compliant institutions) even though they’re not as user-friendly as typical web APIs.

Very interesting idea. I wonder what the killer mash up would be. If twitter fixed their reliability issue, the command line format opens up many opportunities.

]]> By: Robbie Wright http://lebleu.org/blog/2008/06/27/developers-register-your-api-key-and-start-your-own-credit-unionbank/comment-page-1/#comment-771 Mon, 30 Jun 2008 17:41:35 +0000 http://lebleu.org/blog/2008/06/27/developers-register-your-api-key-and-start-your-own-credit-unionbank/#comment-771 G-
We’ve had quite a few conversations about what the specific API would look like and how something like that may work. On a high level, I strongly believe we could start an entire industry of the “out-sourced” FI, with the core processor/API being one aspect of it. I love the dedicated VC/prize idea for new software based on it although, I’m not sure the whole outsourced innovation thing would work. The way I look at it, you outsource the nitty-gritty and let your employees focus on innovation, not operational details. I’d love to chat more with you about the concept!

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