FinDEVr 2014: Yodlee Shows Interactive APIs, Looks at What’s Next for Developers

FinDEVr 2014: Yodlee Shows Interactive APIs, Looks at What’s Next for Developers
This post is part of our live coverage of FinDEVr San Francisco 2014.
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Yodlee announced its new Geolocation API and showed how developers can benefit from its entire library of Interactive APIs:


Demystifying the Yodlee Data
What is the Yodlee platform and what value do the Yodlee Interactive APIs open up to developers? What are the use cases and killer solutions built with the APIs, and what data does it enable? What is coming next for developers? We’ll cover categorization, wealth, and future enhancements.
Presenter: Joe Polverari (Chief Strategist & Dev. Officer, Yodlee; and Founder & GM, Yodlee Interactive) and Cheung Tam (Director API Product Management, Yodlee)
YodleeHomepage1
About:
Yodlee Interactive is a driving force behind today’s FinDat revolution with APIs that empower entrepreneurs, partners, and developers to power the latest digital financial innovations around the world. Yodlee Interactive APIs support independent and partner FinApps by providing authorized access to real-time data for customers’ current bank, credit card, investment, and loan accounts, as well as bills, insurance, and rewards programs. Yodlee Interactive APIs are behind hundreds of today’s coolest and most personalized digital experiences, including Credit Karma, LearnVest, miiCard, PowerWallet, SavvyMoney, SelfWealth, Xero, and Wave.
Twitter: @YIDeveloper 

Alumni News– September 29, 2014

  • Finovate-F-Logo.jpgCreditCards.com and Wallaby launch the WalletUp mobile app to help consumers maximize credit card rewards.
  • LendingRobot will now manage up to $10,000 for free.
  • Billhighway debuts at #1 on Detroit Free Press Top Workplaces List in Small Business category.
  • miiCard participates in NSTIC Pilot for State of North Carolina eID Program.
  • Birdback brings card-linked offers to US and Brazil.
  • Smart Tuition and peerTransfer partner to help International tuition payers.
This post will be updated throughout the day as news and developments emerge. You can also follow all the alumni news headlines on the Finovate Twitter account.

FinDEVr San Francisco 2014: Are You Ready?

FinDEVr San Francisco 2014: Are You Ready?
FinDEVr_logo

We’ll be kicking off the first FinDEVr conference on Tuesday, September 30. There you’ll meet the developers and builders behind fintech companies such as Yodlee and Visa, and have the opportunity to code with them and others during several workshop sessions.

Haven’t got your ticket yet? There’s still time to pick yours up.
Here are some last minute details to help you prepare:

UCSF

Venue

We’ll be meeting up at the UCSF Mission Bay Conference Center:
UCSF Mission Bay Conference Center
1675 Owens Street Suite 251
San Francisco, CA 94143-3008
Agenda

Day One
On Tuesday, September 30, registration begins at 8AM and we’ll serve a light breakfast until 9AM, at which point the presentations will begin. We’ll have a single-track schedule featuring presentations and intermittent networking sessions.
Day Two
On Wednesday, October 1, registration and a light breakfast will run from 8AM to 8:30 AM, and the first workshop will begin at 8:30AM. We’ll have workshops throughout the day, running alongside separate presentation sessions in the afternoon.
For a detailed view of the agenda, check out our website or download the mobile app.
Don’t forget
    • Remember to pack plenty of business cards and wear comfortable shoes
    • Download the Bizzabo app before the show to get a glimpse of who you’ll be rubbing elbows with
    • Contribute to the conversation on Twitter using #FinDEVr, and follow @FinDEVr to stay updated on news about the companies on stage 
    • Check out the blog (Finovate.com) to watch the live coverage of each company’s presentation
    • If you have any last minute issues or questions, please email SanFran@FinDEVr.com and our team will be happy to help. We can’t wait to see you all in San Francisco!

Fifty Nifty Companies Presenting at FinDEVr Next Week

Fifty Nifty Companies Presenting at FinDEVr Next Week

Ahead of the FinDEVr conference next Tuesday and Wednesday, 50 companies will make their way to the UCSF Mission Bay Conference Center in San Francisco.

While 14 of the companies are local to the bay area, others will travel from all over the U.S. and even the globe to present their APIs, SDKs, and other tools at the first ever FinDEVr conference.

Here’s what the spread looks like (click to enlarge):

FinDEVrPresenterMap
Still don’t have your ticket to FinDEVr? There’s still time to pick one up before the show next week.

If you’re already registered, be sure to join the community of other developers on the Bizzabo app. Just download Bizzabo from the app store and search “FinDEVr”.

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See you in San Francisco!

Taulia Closes $13 Million in Funding from Singapore-based Economic Development Board and BBVA Ventures

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In the calm between the FinovateFall and FinDEVr conference storms, we’ve received news of three recent fundings from Finovate alums. Along with BillGuard and Bionym, one more Finovate alum announced funding this week. 

Taulia, a company that provides e-invoicing services and other supplier services, such as financing, added $13 million to its round of Series D funding. New investors in the San Francisco-based company include EDBI (Singapore-based Economic Development Board) and BBVA Ventures.

Taulia has raised a total of almost $76 million since its 2009 launch. Previous funding includes:

Seed

  • Amount: $6 million/ Undisclosed
  • Closed: Unknown
  • Investor: Trinity Ventures

Series A
    • Amount: $3.2 million
    • Closed: December 6, 2010
    • Investors: Trinity Ventures, Matrix Partners, and David Wu

Series B 

    • Amount: $8.5 million
    • Closed: July 1, 2011
    • Investors: Trinity Ventures Matrix Partners DAG Ventures
Series C
    • Amount: $18 million
    • Closed: August 23, 2013
    • Investors: TELUS Ventures, Matrix Partners, Trinity Ventures, DAG Ventures, Lakestar

Series D

    • Amount: $27 million
    • Closed: July 22, 2014
    • Investors: SEB Private Equity, DAG Ventures, Lakestar, Matrix Partners, Trinity Ventures, QuestMark Partners
The new $13 million installment is the second part of its Series D round, bringing the total Series D round to $40 million. 
According to TechCrunch, Taulia will use the new funding to continue expansion into new markets.

Taulia demonstrated at FinovateSpring 2012, where it debuted its Early Payment Network.

FinDEVr Preview: Who’s Who on Day Two

FinDEVr Preview: Who’s Who on Day Two
FinDEVrLogo

There will be a lot going on over the course of the two day FinDEVr conference in San Francisco next Tuesday and Wednesday. You can still pick up your ticket here.

Each of the companies below will have 6 minutes on stage to show off what their tools are all about:


PaystandLogo

PayStand, an online payment solution that offers zero transaction fees

Presentation: Comparing the Strengths and Weaknesses of Different Payment Types
Card Networks (Visa/MasterCard/Amex), eCheck (ACH/Bank Network/Check21), and Digital Currency (Bitcoin/Ripple/Altcoins) all have unique advantages and disadvantages. Explore the different use cases of why each are valuable and learn how to use PayStand’s unique multi-payment network technology to build the next generation of commerce applications.
Why it’s great for developers:
 
    • Payments as a service
    • Enables merchants to accept eCash, eCheck, and credit card payments
    • Allows for no transaction fees
PayStand is an online payment solution that enables organizations to accept credit cards, eChecks, and digital currency without transaction fees.

PlaidLogo

Plaid, an API that powers fintech applications

Presentation: Plaid: API for Financial Infrastructure
Learn all about Plaid, the problems we’re solving, and the companies we power.
Why it’s great for developers: 
    • Access detailed account and transaction data from financial institutions
    • Authorize accounts for ACH and Wire transfers in seconds
    • Verify account holder information

Plaid is an API for financial infrastructure – we give developers the tools they need to build applications that interface with banks.


PrudenaLogo

Prudena is a subscription-based online community that provides value analysis to developers.

Presentation: Prudena: Automating Financial Statement Analysis
Charlie Strout founded Prudena when – after graduating from Columbia Business School – he decided performing fundamental equity analysis was too labor intensive. The presentation discusses how he was able to leverage existing APIs to develop Prudena’s analysis tools and publish his own API.

Why it’s great for developers: 

    • Allows you to reduce the time required to perform financial statement analysis
    • Better understand risk by running simulations
    • Aggregate your investments accounts
Prudena automates the process of performing high-quality financial statement analysis–saving investors time and improving their decision-making processes.


securekeyLogo

SecureKey Technologies delivers authentication solutions for online consumer services

Presentation: Moving Away from Passwords: The Future of Digital Identity
We are first exploring some of the traditional ways to secure online access. We will then look at a more innovative approach via device anchoring and dynamic authentication that will show the audience how to strongly and uniquely identify customers with a unified solution across devices.
Why it’s great for developers: 

    • Every authentication event provides unique proof of their customer’s identity
    • Simple access with a better, more secure user experience
    • Eliminates password frustration
briidge.net Connect can provide users with the opportunity to use simpler methods that are actually far stronger than passwords and better secured.

SekurMeLogo

Sekur.me eliminates passwords by turning your phone into your digital identity. 

Presentation: Want to be secure? Eliminate passwords!
If you don’t have a password, it cannot be stolen. See a live demo of a patented disruptive technology taking security to the next level, while making login safer and simpler. And see how it can be used to secure payments and reduce shopping cart abandonment for eCommerce and mCommerce.
Why it’s great for developers: 

    • Eliminate passwords
    • Single-Click payments
    • Checkout and pay in 9 seconds
If you don’t have a password, it cannot be stolen.

SimplyTappLogo

SimplyTapp provides host card emulation

Presentation: Host Card Emulation
Overview of SimplyTapp’s HCE solution and offering.
Why it’s great for developers: 

Host Card Emulation (HCE) is the presentation of a virtual and exact representation of a card using only software.

TagCashLogo

Tagcash, a digital payments and rewards company

Presentation: TAGCASH
The importance and benefits of a platform for both users and merchants that makes use of these key features: digital wallet usage, merchant payments integration, remittance capabilities, and built-in rewards program (which includes marketing modules and advertising).
Why it’s great for developers: 

    • Digital Wallet Usage (including Remittance)
    • Rewards Program
    • Practical Advertising
Cash, Rewards, and Advertising can all be found on a single (yet multi-featured) and safe /secure platform.

TxPUSHlogo

The TxPUSH Initiative makes real time account events available to third party apps.

Presentation: Aggregation 2.0 – TxPUSH and the Evented Financial Web
TxPUSH technology is focused on aligning app user experience and FinTech industry players around the Evented Financial Web. The TxPUSH technology will improve the security model of the existing account aggregation ecosystem and promote the delivery of real-time financial transaction data to account holders in the apps they choose.
Why it’s great for developers: 

    • Eliminate third party interactions with user credentials
    • Push real time transactions to your app
    • See the launch of TxPUSH and the Evented Financial Web
TxPUSH and the Evented Financial Web deliver the framework to build secure, event driven, real-time apps for the Evented Financial Web ecosystem.

ThinknumLogo

Thinknum provides technology for financial analysts to host their financial data in the cloud.

Presentation: Thinknum: A Powerful Web Platform for Financial Analysis
Learn about Thinknum, the web platform that is changing the way that financial analysts work. Find out more about our unique data and technology that enhances the financial research process.
Why it’s great for developers: 

    • Utilize unique web data to value companies
    • Leverage web technology to enhance the research process
    • Manage user generated content
Thinknum is changing the way that financial analysts work, enabling them to manage their own content while enhancing their research processes.

TruliooLogo

Trulioo a cyber identification company.

Presentation: Trulioo’s Global Gateway
Demonstrating how Trulioo’s Global Gateway verifies a consumer’s identity within a single, unique portal. We will input a person’s first name, last name, date of birth and address to show how Trulioo verifies these attributes from our 130+ data sources.
Why it’s great for developers: 

    • Anti-Money Laundering and Know Your Customer compliant electronic ID Verification
    • Instant global address verification for ecommerce and P2P
    • Access over 3B identities
Global Gateway is the leading identity verification solution with the largest coverage in the market.

FinovateFall 2014 Best of Show Winners

FinovateFall 2014 Best of Show Winners
FF2014-BestofShow

After a busy two days at FinovateFall packed with people, some of the most innovative new technology we’ve seen, and some rather entertaining demos, the audience has spoken. 

A huge thanks to everyone who came out to be a part of our record breaking audience and cast their votes. Each attendee was able to vote for their top three favorite company demos both days, and the top seven were crowned Best of Show winners.
BestofShowTrophiesFF2014
Here they are in alphabetical order:

AnchorIDLogo_FF2014

AnchorID for its new way to log into websites and apps. One universal username logs you in with unique security.

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blooom for its simple tool built to fix the millions of mis-invested 401(k) allocations for individual clients.

CrowdFlowerLogo_FF2014

CrowdFlower for its leading data enrichment platform to help data scientists, analysts, and engineers collect, clean, and label data to make it useful.

LOYAL3Logo


Loyal3 for its use of social technologies to democratize the markets, making investing in IPOs and stocks easy and affordable for everyone.

MoneyDesktopLogo

MXlogo

MX/MoneyDesktop for its WideNet Technology to help FIs expand their market reach, and its Helios cross-platform digital banking app.

NICESystemsLogo

NICE Systems for its real-time authentication that strengthens and streamlines the authentication process in real-time, while customers converse with an agent.

ToopherLogo_FF2014


Toopher for its multi-factor authentication platform that uses the location awareness of your smartphone to automate authentication for logins and critical actions.

Again, thanks to everyone who came out to the show. We’ll see you next year!

Notes on methodology:  

1. Only audience members NOT associated with demoing companies were eligible to vote. Finovate employees did not vote.     
2. Attendees were encouraged to note their favorites during each day. At the end of the last demo, they chose their three favorites.    
3. The exact written instructions given to attendees: “Please rate (the companies) on the basis of demo quality and potential impact of the innovation demoed.”  
4. The seven companies appearing on the highest percentage of submitted ballots were named Best of Show.  
5. Go here for a list of previous Best of Show winners. 

EyeLock Launches USB-Powered Biometric Authentication Device

EyeLock Launches USB-Powered Biometric Authentication Device
EyeLockLogo

This post is part of our live coverage of FinovateFall 2014.

EyeLock launched biometric authentication solution, myris:
“Never type a password again– myris is a USB powered Iris Identity Authenticator that grants you access to your digital world. 
myris uses patented technology to convert your individual iris characteristics to a code unique only to you, then matches your encrypted code to grant access to your PCs, e-commerce sites, applications, and data – all in less than 1 second.”
Presenting: Anthony Antolino, Chief Marketing & Business Development Officer, and Jeff Carter, CTO
EyeLockHomepage
Product Launch: September 2014
Product distribution strategy: Direct to Consumer (B2C), Direct to Business (B2B), through other fintech companies and platforms
HQ: New York, NY
Founded: January 2006
Website: eyelock.com
Twitter: @EyeLockCorp

Backbase Launches Backbase Engage for Regional Banks and Credit Unions, Backbase Marketplace to Connect with Vendors

Backbase Launches Backbase Engage for Regional Banks and Credit Unions, Backbase Marketplace to Connect with Vendors
This post is part of our live coverage of FinovateFall 2014.

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Backbase showed how Backbase Engage can help smaller financial institutions take control of their digital strategy, and how Backbase Marketplace can connect them with vendors:
“Backbase is launching Backbase Engage. Backbase Engage is a complete digital banking solution that’s out-of-the-box ready and designed to meet the needs of regional banks and credit unions. With Backbase Engage, banks regain control over their digital strategy. Backbase Engage’s easily extensible structure revolutionizes the traditional digital bank delivery model by empowering banks to make their own strategic choices instead of being locked in to those made by core banking vendors. 
Alongside Backbase Engage, Backbase is launching the Backbase Marketplace, an open marketplace for banks to connect with vendors who have come together to offer freedom of choice to banks and credit unions looking to regain control over their digital strategy.”

Presenting: Peter Chapman, Fintech Strategist and Jelmer de Jong, Global Head of Marketing

BackbaseHomepage
Product Launch: September 2014
Metrics: Privately funded, 200+ employees, offices in New York, Atlanta, Amsterdam, London,
Product distribution strategy: Through financial institutions, licensed
HQ: New York, NY
Founded: April 2013
Website: backbase.com
Twitter: @backbase

Linqto Launches Personal Banker to Connect Customers with Tellers

Linqto Launches Personal Banker to Connect Customers with Tellers
This post is part of our live coverage of FinovateFall 2014.
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Linqto debuted Personal Banker, a remote banking solution that connects customers with live tellers:

“Linqto Personal Banker introduces real time face-to-face conversations into banking transactions, connecting live, on-duty bank representatives with their customers. 
Linqto uses mobile technology to put the relationship back into personal banking. With live video tellers, your mobile device becomes your neighborhood branch. The customer experiences personal service with remote convenience.
Your bank employees are your most important asset. Give them the power to build stronger relationships with your digital customers using Linqto’s Personal Banker remote banking solution.”
Presenting: Dune Thomas, VP Mobile Banking Solutions and Bill Sarris, CEO
LinqtoHomepage
Product Launch: September 2014
Product distribution strategy: Through financial institutions, through other fintech companies and platforms, licensed

HQ: Pebble Beach, CA
Founded: January 2010
Website: linqto.com

MoneyStream’s Technology Predicts and Plans Users’ Cash Flow

MoneyStream’s Technology Predicts and Plans Users’ Cash Flow
This post is part of our live coverage of FinovateFall 2014.
MoneyStreamLogo

MoneyStream debuted its technology that learns and predicts a user’s spending pattern:

“MoneyStream sits in between other financial institutions, consolidators, and aggregators, using patent pending technology to manage the complex network of money and creating a direct relationship with the consumer. 
In addition, MoneyStream’s smart technology uses learning algorithms to detect and predict a user’s spending patterns and do a significant part of the user setup for them, just as a trusted personal financial assistant would do. The free service lets users view and pay bills, detects upcoming money issues, and provides visibility to a future cash flow, with little or no effort on the user’s part.”
Presenting: Mike Bertrand, CEO and Gillian Verga, VP Product
MoneyStreamHomepage
Product Launch: October 2013
Product distribution strategy: Direct to Consumer (B2C), B2B2C Partners
HQ: Los Gatos, CA
Founded: September 2012
Twitter: @MoneyStreamApp

LOYAL3 Launches App for iOS 8 for an Easy Way to Buy and Sell Stock

LOYAL3 Launches App for iOS 8 for an Easy Way to Buy and Sell Stock
This post is part of our live coverage of FinovateFall 2014.
LOYAL3Logo

LOYAL3 launched its mobile app:

“The LOYAL3 iOS 8 Mobile App is the easiest way to buy or sell stock, with as little as $10 and no fees. LOYAL3’s app also allows users to quickly access account information, transaction history, fund transfers, and important notifications. For those participating in IPOs, the app makes it easy to view the status of the IPO, receive notifications about IPO pricing and allocation, and confirm or withdraw their IPO reservations right from their iPhone.”
Presenting: Barry Schneider, CEO & Chairman and Matt Gidney, VP Corporate Marketing & Business Development
Loyal3homepage
Product Launch: September 2014 at FinovateFall 
Metrics: LOYAL3 has raised more than $75M in funding and has 130 employees.
Product distribution strategy: Direct to Consumer (B2C), Direct to Business (B2B)
HQ: San Francisco, CA
Founded: October 2008
Website: loyal3.com
Twitter: @LOYAL3