API (Application Programming Interface)

Definition

Technology allowing different software systems to communicate, used by apps to connect bank accounts and track expenses.

FAQs

How do finance apps connect to banks?

Through APIs and services like Plaid that securely share financial data.

Similar Terms

GPS Spoofing

Manipulating GPS location data to fake your position, against platform terms and can result in deactivation.

Geofencing

Virtual geographic boundary triggering actions when crossed, used by gig apps to track deliveries and restrict areas.

Algorithm (Gig Context)

Automated system determining order assignments, pricing, and driver prioritization on gig platforms.

Heat Map

Visual display showing areas of high demand, often with surge or bonus indicators.

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Last updated: January 18, 2026

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