The FinDEVr APIntelligence

The FinDEVr APIntelligence

Are you building new financial technology? Be sure to register now for the only event exclusively for fintech developers, FinDEVr 2015, Oct 6-7 in San Francisco.

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The latest from FinDEVr 2015 presenters

  • Pinterest turns to Braintree to power PayPal payment option for browsing consumers.
  • FinDEVr 2015: First Round of Presenting Companies Revealed.
  • Backbase set to launch its first hackathon, 19/20 June 2015.
  • Spreedly now supports third-party tokens to help merchants continue to process transactions using their existing gateway-specific tokens from within Spreedly.
  • Thinking Capital announces new name, visual identity and tagline.
  • SandHill mentions SnoopWall as 1 of 5 Cool, Pre-VC, Cybersecurity Startups.
  • Avalara acquires Belgium-based VAT Applications.
  • UPS Capital Partners integrates with Kabbage to offer more SMBs access to a loan through UPS.

Alumni updates

  • Xero developed business apps that Apple is using to help market the iPad’s use in business.
  • Tech.co looks at how Trulioo’s API defends startups against credit-card fraud.
  • Xero reaches 500,000 customers for its cloud accounting service, sets sights on 1 million customer milestone.
  • Verizon Ventures welcomes SimplyTapp to its portfolio of investments.
  • Dunkin’ Donuts, Fandango, Sundance Catalog and Williams-Sonoma have all integrated Visa Checkout into their apps.
  • NerdWallet turns to Trulioo CEO Stepehn Ufford who offers 5 steps to protect against cyberthreats.

Stay up to date on daily developments by following FinDEVr on Twitter.

PayPal’s Braintree Tapped to Turn Pinterest Browsers into Consumers

PayPal’s Braintree Tapped to Turn Pinterest Browsers into Consumers

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There’s been plenty of buzz lately about Pinterest’s new Buyable Pins, which aim to turn users from window shoppers into paying customers. If you haven’t heard, customers browsing Pinterest will soon be able to purchase items without leaving the mobile app by selecting a “buy it” button placed next to the iconic, red “pin it” button. This is an important step for Pinterest, as its evolution into an e-commerce platform helps justify the company’s $11 billion valuation.

Pinterest tapped PayPalBuyablePin-owned Braintree to be a part of the launch later this month. Many sources reported that Braintree’s role will be to simply “make sure Pinterest never touches credit card information.” Braintree’s role, however, will go deeper than that.

Braintree, which prides itself on making payments so easy that they fade into the background, will indeed handle the transmission and storage of credit card information to help Pinterest remain PCI compliant. However, the payments company will also take on a secondary role to enable Pinterest to accept PayPal as a payment option. Pinterest has also tapped Stripe and Apple Pay as payment options.

Buyable Pins will launch on mobile iOS devices later this month and will soon be available on desktop and Android platforms (though no word on when).

Braintree presented its developer platform, alongside parent company PayPal, at FinDEVr in San Francisco 2014.

If you’re interested in sending your developers to check out the latest APIs in the tech scene, you’re in luck. At FinDEVr San Francisco 2015 (register), we’ll be showcasing the latest tools, platforms and case studies to hundreds of fintech developers, VPs of engineering, and CTOs. We’re returning to the UCSF Mission Bay Conference Center in San Francisco on 6/7 October 2015. Check out the FAQ for more details or contact SanFran@FinDEVr.com.

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Finovate Alumni News

On Finovate.com

  • “PayPal’s Braintree Tapped to Turn Pinterest Browsers into Consumers”
  • “EyeVerify’s Partnership with Turkish Reseller Yields Vodafone Contract”
  • “U.K.-based TransferWise: Growth and Metrics Updates

Around the web

  • TradeHero updates mobile iOS app.
  • WSJ features how Venmo helps users instantly move money more cheaply.
  • Apple lists Xero among group of business apps Apple is using to market the iPad for use in business.
  • Indianapolis Business Journal looks at the rise of robo-advisors Betterment, Wealthfront, Hedgeable, and Motif Investing.
  • TSYS launches its Chip Card on Demand to help issuers make the transition through the October chip-liability shift.
  • Top Image Systems unveils its new mobile account opening and onboarding app, MobiENROLL.
  • Benzinga interviews Igor Gonta, CEO of Market Prophit, on the launch of his Twitter-based, social media, smart beta index.
  • Fox Business features Planwise, LendUp, Trulioo, Plaid, Wealthfront, TrueAccord, WePay, Flint, Lending Club, Prosper, LendingRobot, and FutureAdvisor in its roundup of “30 Hot Fintech Startups to Watch.”
  • New York Business Journal reviews its gamification strategy of PFM solution, Qapital.
  • Financial Times profiles LendUp and the “grubby end of U.S. debt.”

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.

Finovate Alumni News

On Finovate.com

  • Actiance Picks Up $28 Million from New and Existing Investors
  • LendKey Adds $8 Million in Venture Debt; Reaches $800 Million in Loans

Around the Web

  • SimplyTapp and Top Image Systems team up to bring HCE mobile payment technology to FIs in the Asia Pacific region.
  • Braintree integrates Android Pay into its v.zero SDK to ease merchant adoption.
  • Global Debt Registry unveils new API service to speed access to consumer-debt data and documents.
  • Avoka and NAMU earn “most innovative customer engagement” and “best customer experience” honors respectively at Citi Mobile Challenge.
  • Bible Money Matters reviews the new Betterment RetireGuide.
  • Placecast introduces its mobile data-management platform (DMP) as a stand-alone solution.
  • Nomis Solutions joins Center for Pricing and Revenue Management at Columbia University.

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.

Finovate Alumni News: March 4, 2015

  • Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Finovate-F-Logo.jpgSecureIDNews takes a look at the partnership between FinSphere and Visa.
  • Fiserv launches four new modules for its Financial Crime Risk Management platform.
  • iQuantifi wins “Best in Show” at Bank Innovation 2015 DEMOvation Challenge.
  • Silanis earns spot on KMWorld’s “100 Companies that Matter in Knowledge Management” list for 2015.
  • IT Business Edge interviews Flint Mobile CEO Greg Goldfarb.
  • American Banker considers the benefits of banks using Ripple.
  • Innovation in Finance interviews CoinJar at FinovateEurope in London.
  • Capital Bank’s OpenSky Puts CRIF’s CreditFlow & StrategyOne to the Test.
  • Inc: How OnDeck Plans to Make Alternative Lending a Blue Chip Business.
  • Inc. lists Bionym as one of 8 Canadian startups to watch out for in 2015.
  • Yodlee now provides data APIs to nearly 50 fintech applications and services in the personal wealth-management space.
  • Braintree expands its Asia-Pac operations into Hong Kong, Singapore and Malaysia.
  • PandoDaily: PayNearMe partners with Grameen America to help lift women out of poverty.
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.

Alumni News—February 18, 2015

  • Mitek launches Commercial Mobile Deposit Capture, bringing MDC technology to the enterprise.
  • Malauzai reports doubling revenues, growth of customer base to more than 300 community banks and credit unions.
  • D3Banking adds to leadership team with four new appointments.
  • Check out FinovateEurope 2015 in the press.
  • Bluefin Payment Systems to provide Decryptx point-to-point encryption (P2PE) solution to Heartland Payment Systems’ clients.
  • Temenos purchases Akcelerant to accelerate growth in North America.
  • Lending Club partners with BancAlliance, a national consortium of 200 community banks.
  • Fast Company lists BehavioSec, Ripple, Braintree, Expensify, NICE and BlueVine as top innovative companies in the money category
  • PYMNTS discusses retail’s adoption of mPOS with Bluefin Payment systems.
  • ayondo clients now receive free access to real time analysis tools from StockPulse.
  • Kantox uses Apply Financial’s API to enhance customer service and enable more integrated international payments.
  • TechFlash interviews Payfone CEO and co-founder Rodger Desai.
  • Stockhouse: TIO Networks poises to capture major portion of mobile payment market.
  • USA Today highlights Tuition.io for student debt management.
  • TransferWise launches in United States.
  • Code CU to use Insuritas for insurance agency solution.
  • Coinbase Android and iOS apps now available in 11 new languages.
  • Global Financial Private Capital selects HiddenLevers to help advisors grow their practice.
  • Tradier’s API takes 15 million production calls in Jan., a 33% increase in a single month.
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.

Alumni News– January 22, 2015

  • Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Finovate-F-Logo.jpgKreditech secures $200 million credit line from Victory Park Capital.
  • GMC Software and Silanis Technology partner to integrate eSignLive with Inspire.
  • Internet Retailer features Trustev CEO Pat Phelan in discussion on consumer fraud.
  • TradeKing unveils Risk Assist to protect clients against steep market declines.
  • Braintree completes initial integration with Coinbase; opens up private beta access.
  • Financial Post business section features Digital Retail Apps in its look at digital payments in 2015.
  • Realty Mogul adds new Senior VP of Mortgage Operations, Kendra King.
  • Temenos forges strategic alliance with EFT processor, Elan Financial Services.
  • Check out our latest FinovateEurope 2015 Sneak Peek, Part 4 featuring Bendigo and Adelaide Bank, CPB Software AG, Ixaris, JSC Delta Bank, QCR, and Topicus Financial.
  • Planwise launches Connect, leveraging affordability tools to help real estate agents engage potential buyers.
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.

Alumni News– January 5, 2015

  • Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Finovate-F-Logo.jpgCredit Karma to offer Equifax credit scores and reports.
  • American Banker profiles Global Debt Registry.
  • Silicon Valley Tech News interviews Ayasdi CEO Gurjeet Singh.
  • Central Florida Future features Toshl Finance in its look at smartphone apps.
  • Burning Man using Coinbase to accept Bitcoin donations.
  • In case you missed it while you were in Holiday Hibernation: A look back at the 28 Finovate and FinDEVr Best of Show winners of 2014.
  • NICE Systems releases voice biometrics-based Real-Time Fraud Prevention solution.
  • Airbnb, Boxed, Munchery and YPlan enable Braintree’s One Touch buying experience.
  • Authentity blog names ThreatMetrix and Entersekt as authentication companies to watch in 2015.
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.

Alumni News– December 4, 2014

  • Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Finovate-F-Logo.jpgIntelligent Environments awarded Fairbanking certification. See Intelligent Environments demo at FinovateEurope 2015 in February.
  • Xsolla partners with BitPay to bring bitcoin payments to gaming. See Xsolla at FinovateEurope in London.
  • MasterCard partners with Gates Foundation to launch innovation lab in Nairobi, Kenya.
  • App Annie unveils Audience Intelligence, a solution mobile app publishers can use to learn demographic data from users.
  • Access Development partners with Oklahoma Education Association.
  • Yueyu Fu, co-founder and CPO at Rippleshot interviewed at Benzinga Fintech Awards.
  • Intuit’s Quickbook Online Accountant is now available in the U.S.
  • Ripple to plug its real-time settlement protocol into Earthport’s payments hub.
  • Braintree is now rolling out its One Touch payment service outside the U.S.
  • eGift Card feature added to Wipit-powered Boost Mobile.
  • SocietyOne Closes Undisclosed Series B Funding Round.
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.

Alumni News– December 3, 2014

  • iQuantifi announces million-dollar angel investment.
  • LendingTree unveils its small business loan marketplace with loans from $5,000 to $1 million.
  • Young Adult Money explains how to invest using Motif Investing.
  • Betterment reaches 50,000 customer milestone.
  • SK Planet promotes its Bluetooth Low Energy powered mileage app, Syrup, in Seoul.
  • True Potential announces the launch of 15 new, open-ended investment company funds in Q1 2015.
  • Bank of South Pacific to deploy ACI Proactive Risk Manager from ACI Worldwide to help protect against fraud.
  • Klarna to invest $100 million over the next three years to launch its payments systems in the U.S.
  • Finovate Debuts: Loyal3’s Stock Investments Democratizes Access to Stocks and IPOs.
  • Entrepreneurial Finance Lab gets a new look.
  • Pymnts features conversation with Currency Cloud’s Chief Commercial Officer on how they modernize money movement.
  • Coinbase now enables some customers to hold USD balances in their Coinbase wallets.
  • Time names Braintree’s Venmo as 1 of the top 10 apps of 2014.
  • Blockchain issued a .SSL certification.
  • TechVibes features Trulioo’s new design.
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.

Alumni News– November 5, 2014

  • Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Finovate-F-Logo.jpgBraintree announces new service that makes it easier for merchants to sign up for the platform.
  • MasterCard launches MasterPass in Czech Republic.
  • CAN Capital to offer loans via Yodlee’s Small Business solution.
  • PayPal’s Venmo to power payments for web and mobile chat app, Dasher.
  • Wall Street Sector Selector highlights Financial Guard and lists Betterment, FutureAdvisor, Jemstep, Nutmeg, SigFig, and Wealthfront in a column on using roboadvisors with retirement accounts.
  • SumUp partners with BitPay to integrate bitcoin into its mPOS solution.
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: Award Winners

FinDEVr San Francisco 2014: Award Winners
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Q. What’s better than being one of the more than 400 industry professionals attending the very first FinDEVr conference this week?

A. Being one of the four companies to walk away with one of the very first FinDEVr awards, that’s what!

Four companies were selected as favorites by attendees here on Day 1 of FinDEVr San Francisco 2014. Attendees were challenged to choose between entertaining and informative presentations, exciting new technologies, and fascinating innovations that push the envelope of what is possible when commerce and science, technology and finance come together.

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Remember that FinDEVr continues tomorrow on Wednesday with a full, multi-track day of workshops, presentations, and networking. We’ll build on the momentum from Day One to bring you the latest in SDKs and APIs, tools and platforms, that are already paving the way to the fintech innovations of tomorrow. Visit our registration page today to grab a spot.
So without further ado, here are the favorite first-day presentations in alphabetical order:

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Avoka for its engagement platform that enables omni-channel account opening in 60 seconds.

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BehavioSec for its mature identification system that uses behaviour analytics to provide real-time security.
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PayPal & Braintree for its construction of new breeds of payment platforms, API standards, and identity systems.

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Yodlee for its Interactive APIs that provide authorized access to real-time data for customer accounts.


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. 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 four companies appearing on the highest percentage of submitted ballots were awarded trophies.