Rantizo John Deere API, CloudPay $120M, Cequence LLM Threat Detection
Rantizo John Deere API, CloudPay $120M, Cequence LLM Threat Detection
The API Changelog issue 2024.33
This is issue 2024.33 of the API Changelog, a mix of API news, commentary, and opinion. In this issue, you'll get to know the most relevant API-related information from the week of August 5, 2024. Subscribe now, so you never miss an issue of the API Changelog.
News highlight
OpenAI has updated its API to include Structured Outputs, aligning model outputs with developer-provided JSON Schemas. This feature streamlines data structuring from unstructured inputs, with safety policies intact, and is supported by updated Python and Node SDKs. See additional coverage on WinBuzzer, maginative, spiceworks, and Microsoft.
This issue of the API Changelog was crafted with the help of Flotiq.
Flotiq is an intuitive content management system for designing OpenAPI-compliant APIs, offering unparalleled extensibility to accelerate development with easy-to-use SDKs, comprehensive API documentation, and a user-friendly interface for seamless API and content integration.
Announcements
Telstra Health launched Smart API+, a FHIR-based API for data integration, at the HIC 2024 conference. Smart API+ aims to enable seamless partner solution integrations and provide comprehensive data access.
Monotype partners with Sufio, integrating over 40,000 fonts via their API for enhanced branding in financial documents. Sufio's users can now access popular fonts like Helvetica and Avenir, supporting consistent brand experiences across invoicing and storefronts.
pdfRest introduces OCR PDF, a REST API tool to transform scanned PDFs into searchable text using advanced OCR technology. This tool allows developers easy integration of OCR functions, improving document management and accessibility.
Sunvoy's API provides a unified solution for solar asset managers to monitor diverse hardware through one interface. It promises to bolster solar energy efficiency and accessibility by melding with various applications.
Vertical Systems has incorporated Gold Medal's booking import feature to streamline travel agents' workflow. This integration aims to minimize manual administration and increase efficiency for users of Vertical Systems' Tarsc software.
Apiable has been accepted into the AWS ISV Accelerate Program, enhancing its API solution offerings with AWS. The partnership provides co-sell opportunities, technical support, and go-to-market resources to drive Apiable's market presence.
AWS Control Tower customers can now use APIs to manage control descriptions and automate control deployments across multiple regions. The service offers API calls like ListControls and GetControl, facilitating easy setup and governance of AWS environments.
Rantizo AcreConnect software now integrates with the John Deere Operations Center, enhancing data sharing for spray drone operators. The partnership offers an end-to-end solution for precision agriculture, improving data management and decision-making for farmers and retailers.
Google unveiled v17_1 of its Ads API, featuring new tools like shareable ad previews and refined asset management functions. Enhancements also include offline diagnostics metrics and improved video campaign bidding strategy details. See additional coverage on Techedt.
Shiji, a leader in hospitality technology, has streamlined ordering by integrating its Infrasys Cloud POS with Wi-Q, enhancing the guest experience. The partnership offers real-time menu syncing, reduces staff reliance, and aims to increase hotels' revenue and operational efficiency.
TAINA Technology has introduced the Form API, a new RegTech solution, to streamline compliance processes within client systems. The API allows for robust interaction with TAINA's Rules Engine, facilitating a more flexible approach to managing regulatory compliance. It also supports sending and validating form data, receiving validation results, and retrieving signed documents for audit and compliance tracking.
Funding
CloudPay secured a $120 million investment led by Blue Owl Capital, joined by Rho Capital, Olayan, and Hollyport. The funds will enrich product and technology solutions, leveraging AI and APIs to enhance global payroll services. See additional coverage on Pulse 2.0.
Walnut, after securing $4.6 million led by NAventures, aims to scale up its innovative embedded insurance technology, benefiting insurers, brokers, and businesses. The company’s exceptional growth and strategic partnerships strengthen insurance distribution, improving customer access to personalized insurance products efficiently.
AI
Gemini significantly reduced Flash model costs and expanded API language support, while Google enabled default AI Studio access. Gemini 1.5 Flash tuning is now available for developers, along with improved documentation and PDF multimodal processing.
Gan. AI launched Myna-mini, a TTS model supporting all 22 Official Indic languages and English, featuring code-mixed language handling. Myna-mini, created by a team with over 1000 research citations, paves the way for upcoming advanced models like Myna and Myna-Large.
Reducto, an AI startup, has developed a model for efficient extraction from unstructured data such as PDFs and spreadsheets. Their API converts this data into structured formats with high accuracy, aiming to aid industries like insurance and healthcare.
Hugging Face has unveiled an inference service leveraging NVIDIA NIM, facilitating easy use of large AI models with NVIDIA's optimized cloud resources. The service is billed based on compute time and supports two APIs, with plans to expand and integrate NVIDIA TensorRT-LLM for enhanced AI inference.
Kodeco, an established e-learning platform, is expanding into AI education with two new boot camps on Apple Intelligence and AI APIs. Their AI-focused programs offer essential skills for developers to integrate and apply AI in various tech projects.
Fintech and Crypto
Agoric introduced the Orchestration API to enhance blockchain interoperability and completed Upgrade 16 to strengthen its tech base. The company's BLD token was listed on BitMart to increase liquidity and foster a more unified Web3 economy.
MIAC Analytics integrates with Fannie Mae's Mission Score API, enhancing mortgage pricing and risk management. Fannie Mae's Mission Index framework supports market affordability and reveals socially impactful lending opportunities. See additional coverage on StreetInsider and Cision PR Newswire.
Brankas and Boost Capital have introduced LoanLink, a new chat-based lending solution in Southeast Asia enabling instant loan applications. LoanLink streamlines lending via chat, eKYC, and document upload, with Brankas' APIs and Boost Capital's platform enhancing user and operational experiences.
Trust Wallet's integration with Rango's API enables seamless cross-chain asset transfers on over 10 blockchain networks. Trust Wallet, backed by Binance, combines non-custodial features and DEX integrations to simplify and secure multi-chain and NFT transactions.
Security
SecureIQLab LLC announced its Web Application & API Protection (WAAP) 4.0 test, extending API security evaluations. The WAAP 3.0 test showed an 85% average security efficacy, and the 4.0 update will challenge vendors with newer, complex test cases.
Qualys has launched Qualys TotalAI to mitigate generative AI security risks, addressing OWASP's Top 10 issues for LLMs. The tool will provide discovery, classification, and vulnerability insights for LLMs, with availability projected for Q4 2024.
Contrast Security introduced ADR for real-time attack detection and prevention on apps and APIs. ADR integrates with SIEM, XDR, and CNAPP for enhanced security operations across applications. See additional coverage on Help NetSecurity.
Cequence Security has enhanced its UAP platform by integrating LLM threat detection, OWASP Top 10 testing, and other API defense measures. The platform now offers better security against AI vulnerabilities, and advanced bots, and enables comprehensive API traffic analysis. See additional coverage on Help NetSecurity.
Salt Security unveiled platform enhancements for better API discovery, posture governance, and protection against sophisticated threats. The company's new features offer a panoramic API view, lifecycle governance, and AI-driven insights to address rising security incidents and API complexity.
Apache CloudStack released LTS updates 4.18.2.3 and 4.19.1.1 to fix critical vulnerabilities CVE-2024-42062 and CVE-2024-42222. Users are advised to upgrade and regenerate keys for continued security.
Truffle Security introduces TruffleHog Analyze, an enhancement to assess the permissions of detected credentials for better security prioritization. The combined use of TruffleHog and its Analyze function offers a comprehensive solution for managing and mitigating leaked secrets across tech stacks.
Bill Demirkapi revealed a vast collection of developer secrets and vulnerabilities at the Defcon conference, including those from Nebraska's Supreme Court and Stanford University's Slack. Additionally, scanning external data sources exposed 66,000 websites with subdomain issues, such as one owned by The New York Times.