USSF API Gateway, Alpaca $52M, Snyk DAST
The API Changelog issue 2025.17
This is issue 2025.17 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 April 21, 2025. Subscribe now so you never miss an issue of the API Changelog.
This issue of the API Changelog is sponsored by DreamFactory:
DreamFactory is the easiest way to automatically generate, publish, manage, and secure REST APIs, convert SOAP to REST, and aggregate disparate data sources through a single API platform.
Announcements
OnPage Corporation has launched two new APIs, the OnPage Public API and BlastIT API, which allow users to integrate OnPage's secure messaging, scheduling, and alerting into any workflow.
LinkedIn's new "Qualified Leads Optimization" feature lets businesses use their own lead quality definitions to enhance ad targeting. Advertisers can share high-quality lead details from various sources with LinkedIn using the Conversions API, improving campaign efficiency. See additional coverage on destination CRM.
The USSF will modernize its Unified Data Library (UDL) using an API Gateway upgrade through a SpEC OTA for improved space control. This enhancement aims to expedite decision-making processes in support of military personnel.
Monada.ai integrates with CargoAi's API, enabling real-time airfreight bookings and quotes directly on its platform. The collaboration enhances logistic operations with automation and immediate airline capacity access, promising a smarter, seamless booking experience.
Dark Matter Technologies has launched a new developer portal for its Empower loan origination system, transforming it from an API access to an open API ecosystem.
Funding and M&A
Alpaca has raised $52 million in a Series C round to grow its global trading API service and expand its offerings. The firm competes with traditional brokers like Interactive Brokers by providing modern technology to financial services firms.
AI
The Washington Post is integrating with OpenAI to feature its journalism within ChatGPT. The partnership aligns with The Post's strategy to adapt to new AI trends and audience platforms.
Smobi, an AI-driven RCS platform, selects Vonage for enhanced customer engagement through verified RCS messaging. Through this partnership, Smobi leverages RCS to provide interactive campaigns and an analytical dashboard, boosting e-commerce conversion rates.
OpenAI integrated its new image generation feature into its API, enabling developers to incorporate it into their applications. This image generator went viral and has led to significant user engagement, but also placed strains on OpenAI's resources. See additional coverage on ADTMag, iblnews.org, aim, Marktechpost, WinBuzzer, The Munich Eye, and VentureBeat.
Thesys has launched C1, a generative UI API using LLMs to create real-time user interfaces. C1 enables dynamic, context-aware interface generation, accelerated development, and integration with external tools.
Mozilla and EleutherAI have released toolkits aiding developers in creating large-scale, open datasets. The toolkits, available on Mozilla.ai Blueprints hub, provide resources for audio transcription and document-to-Markdown conversion.
Fintech
Temenos and Standard Chartered have partnered to integrate SCALE, an FX API service, into Temenos Exchange. This alliance enables faster FX service adoption by financial institutions through Temenos' platform, improving FX risk management and customer transaction margins.
Yellow Card has launched an eBook about leveraging payment APIs for business growth in Africa's digital economy. The guide explores how crypto-backed APIs can address fragmentation in Africa's payment landscape and promote financial inclusion.
MoneyGram's collaboration with Plaid enhances global payment services through secure, rapid processing and cross-border payment simplification. The partnership embodies a shift towards embedded finance and sets a precedent for traditional financial institution-fintech integration, fostering open banking growth and financial innovation.
Security
Snyk has launched a dynamic security testing tool for AI-driven software development, offering comprehensive API and web app testing. The tool detects over 30,000 vulnerabilities, integrates with major tech platforms, and assists in compliance with various security standards. See additional coverage on GlobeNewswire and Techzine.
Harness has unveiled Traceable Cloud WAAP to secure cloud-native apps and APIs, integrating multiple security features post-merger. Traceable's approach uses behavioral analysis to enhance protection against web and API attacks, unlike traditional static WAAP methods. See additional coverage on Security Boulevard and SiliconANGLE.
Cequence Security partners with Skyfire to provide AI agents secure access to digital services, supporting agent identity and payment protocols. The collaboration enables AI agents to interact with online services securely, representing a shift towards an agent-first digital infrastructure. See additional coverage on Crowdfund Insider.
Akamai Technologies reports a 33% surge in web attacks year-over-year, largely due to AI-driven API development. APIs are now prime targets, with a significant rise in Layer 7 DDoS attacks, especially in the commerce sector.