FinDEVr 2014: PayPal Looks at How Wearables are Changing the Payments Landscape

FinDEVr 2014: PayPal Looks at How Wearables are Changing the Payments Landscape
This post is a part of FinDEVr’s live coverage of FinDEVr San Francisco 2014.
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Next, PayPal’s presentation focused on how wearables are changing the mobile payment space: 

The Future of Payment Identity

PayPal explored how new identification techniques around wearables, biometrics, and mobile are vastly changing the payment space.

Presenter: Justin Woo, Developer Evangelist

PayPalBraintreeHomepage
About: The PayPal / Braintree Developer program is the face of technology innovation for the companies. Using an open source technology stack foundation, we are constructing new breeds of payment platforms, API standards, and identity systems to support the next generation of disruptive technology.

Twitter: @PayPalDev

Alumni News– September 15, 2014

  • Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Finovate-F-Logo.jpgMoven CEO Brett King says Apple Pay anticipates the end of physical bank cards.
  • United Way Worldwide now accepts bitcoin courtesy of Coinbase.
  • Monitise releases fiscal year 2014 financial results; announces new strategic partnership with Santander.
  • Business Spectator looks at how Apple, Google, Lending Club, and SocietyOne are part of “banking’s double disruption.”
  • Allied Payment Network announces integration of FlexPay with PicturePay.
  • Feedzai teams up with Azul Systems to speed its real-time data analysis.
  • The Washington Post features Betterment and HelloWallet.
  • Millicom and Kalixa partner to offer payment acceptance services for businesses and consumers in Africa and Latin America.
  • ProfitStars introduces Gladiator Hosted Network Solutions to enable FIs to move their IT infrastructures to the cloud.
  • Rippleshot, Braintree highlighted in Chicago Tribune column as examples of local contributors to the commerce infrastructure.
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– September 11, 2014

  • Finovate-F-Logo.jpgArcher Daniels Midland deploys Tradeshift’s Collaborative Workflow system.
  • Coinbase opens its doors to European customers in 13 countries.
  • Dealstruck and Lendio partner to provide capital to Jidan Cleaning.
  • Oink releases v 2.0 of its app to improve mobile shopping experience and allow users to favorite retailers.
  • LightCyber partners with Check Point Software to provide breach detection and response.
  • Stitch Labs features Xero on its list of four apps for multichannel sellers this holiday season.
  • Forex Magnates takes a look at the latest upgrades to Darwinex’s trading platform.
  • Kalixa partners with Millicom to launch new payments service venture in Latin America and Africa.
  • Top Image Systems announces new subsidiary TIS Australia.
  • PYMNTS: Braintree CEO Bill Ready talks about ApplePay with MPD CEO Karen Webster.
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– September 10, 2014

  • Finovate-F-Logo.jpgAmerican Banker: TSYS and Visa have announced their tokenization technology will support Apple Pay http://bit.ly/WIBIwx
  • Credit Sesame and Prosper partner.
  • Cachet Financial receives order from top tier credit union in the U.S. for mobile money management platform, Select Mobile Money.
  • AcceptEmail selects Worldpay to power its international e-billing solutions.
  • Trustly releases open source alternative messaging technology for FIs, BankAPI.
  • Loop co-founder and CTO George Wallner weighs in on Apple Pay in Time.com Money column.
  • Visa teams up with the National Football League to promote Visa Checkout. See Visa at FinDEVr this fall.
  • Braintree to support Apple Pay. Come see Braintree at FinDEVr this September 30 through October 1 in San Francisco.
  • Business Insider profiles Christian Lanng, Co-Founder and CEO of TradeShift.
  • Dwolla CEO and Founder Ben Milne talks about the role of Apple as a new entrant in the mobile payments industry.
    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.

    PayPal’s Braintree’s v.zero SDK Available to International Customers

    PayPal’s Braintree’s v.zero SDK Available to International Customers

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    PayPal’s Braintree announced this afternoon that it has started rolling out its v.zero software development kit (SDK) for international customers. It plans to begin with its core markets, including:

      • Australia
      • Canada
      • France
      • Germany
      • Sweden
      • UK

    The remaining tens of thousands of customers spread across 40+ countries will have access to the SDK in the future.

    BraintreevzeroSDK

    The v.zero SDK, which can be integrated in around 15 minutes, will bring the international customers three key features:

      1. Ability to accept PayPal payments without additional integration
      2. Simplicity for future developments to help them keep up with the latest innovation
      3. An easy-to-integrate, customizable UI

    Current international customers include The Exchange Group in Australia and CINQ-S in France.

    Braintree demonstrated at FinovateSpring 2013 before it was acquired by PayPal in September of that year. PayPal last demonstrated at FinovateEurope 2012.

    If you’re interested in seeing more of Braintree’s SDK, check out its presentations and workshop sessions at FinDEVr this September 30 through October 1.

    Alumni News– August 15, 2014

    • Credit.com releases new version of its iPhone mobile app.
    • Pymnts: EBay in talks to accept Bitcoin through its Braintree unit.
    • Pymnts compares DoubleBeam to the Merchant Customer Exchange.
    • GoBank now holds mobile check deposits for less than 10 days.
    • Forbes features multiple Finovate financial management and wealth planning alums: LearnVest, Personal Capital, FutureAdvisor, SigFig, Wealthfront, Betterment, Motif, and Kapitall.
    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– July 15, 2014

    • Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Finovate-F-Logo.jpgHow Big is the Braintree SDK? PayPal’s Acquisition Launches Toolkit Reboot.
    • Fiserv partners with ChannelNet to provide self-service options for LoanLink borrowers.
    • MasterCard introduces its MasterPass e-commerce technology in South Africa.
    • Upstart Business Journal features Taulia.
    • TSYSProPay partners with ThreatMetrix to provide fraud prevention solutions to its customers.
    • Top Image Systems announces appointment of Lyron Bentovim to CFO.
    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.

    How Big is the Braintree SDK? PayPal’s Acquisition Launches Toolkit Reboot

    How Big is the Braintree SDK? PayPal’s Acquisition Launches Toolkit Reboot

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    For all the anticipation of draft day, there’s nothing like the excitement on the day when fans get to see the new addition finally take the field.

    That team is PayPal and their newest addition, Braintree has just made its first big play: v.zero.

    V.zero is a major overhaul of Braintree’s Software Development Kit (SDK) that puts PayPal integration front and center for app developers eager to add in-app payment functionality to their solutions.

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    Writing at the Braintree v.zero blog, Ben Mills and Tony Pitluga point to the new SDK as a major, post-acquisition goal. “From the moment we joined forces with PayPal in December 2013, we have been working hard to make accepting PayPal as simple as we made accepting credit cards.”
    Braintree also provides a Sandbox to let developers test v.zero without needing a PayPal account. The SDK offers both online/web integration via Javascript, and mobile by way of Android and iOS. A complete PayPal integration guide is available here.
    BraintreeSDK1
    Here’s a look at some of the issues raised in the coverage of the announcement late last week.
    Forbes focused on the “D” in Braintree’s SDK, making the point that the new tools will make it that much easier for mobile app developers to get paid for their work. This is no accident. Forbes notes how Braintree is pursuing the “long tail” of startups whose services tend to require “payments on the spot” and are “built exclusively for smarphones.”
    Forbes also highlights on beta tester, retailer Jane.com. The company says that it now gets 11% of its sales through PayPal since integrating Braintree’s new tools.
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    TechCrunch makes sure to put the new SDK in the context of the recent acquisition that brought Braintree into the PayPal tent. In addition to noting that the SDK is the “first significant product announcement” since the acquisition, TechCrunch underscores how the technology has been “rebuilt from the ground up.”
    The goal of the rebuilding is to make it easier and faster for merchants to integrate the tools into their own systems. Speed (10-15 minutes) is one factor, but TechCrunch also noted features like the “drop-in” user interface that makes it easier for smaller startups to further minimize the time spent in integration.
    TechCrunch’s reporting also provides a handful of interesting quotes from PayPal CEO, Bill Ready. In particular, Ready’s idea of being able to change payment methods in app as simply as “flipping a switch” is part of what he considers “future proofing” the technology.
    Braintree3
    And with a bit of prompting, it is clear that the future Ready is proofing for includes everything from international commerce, non-card payments, and even crypto currencies like Bitcoin.
    We also get the names of some additional beta testers, with Chargify, GitHub, and ParkWhiz also reportedly taking v.zero out for a spin. Twilio is also said to be planning to integrate the SDK.
    Other interesting observations included a note in VentureBeat that PayPal’s current mobile API will continue to exist. But that it is clear that the v.zero will be treated as the “preferred way to integrate PayPal” going forward.
    Founded in 2007, Braintree demoed its recently-acquired Venmo Touch technology at FinovateSpring 2013 in San Francisco. See the company on stage here.

    And if you like coverage of developer issues, then you’ll love FinDEVr. Brought to you by a team from Finovate, FinDEVr is the first event for fintech developers and will take place September 30 and October 1 in San Francisco. Take a look at some of the innovators who are already on board:
    Join us! Early bird discounts are in place until July 25. Visit our registration page here to save your spot.

    Alumni News– July 10, 2014

    • Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Finovate-F-Logo.jpgOptimal Payments announces partnership with Oink.
    • Braintree releases v.zero SDK, featuring support for Pay with PayPal.
    • Bank Innovation highlights leaders at Ripple, LoopPay, Finect, and Fiserv in its list of 30 key innovators in fintech.
    • Segmint named a Preferred Vendor of MAGNET Global Network.
    • Holvi preps to launch into Irish marketplace.
    • doxo named one of Washington State’s 100 Best Companies to Work For 2014 by Seattle Business magazine.
    • Think Advisor features the different approaches of 3 robo-advisors: Betterment, Personal Capital, and Wealthfront.
    • Cachet Financial Solutions prices Initial Public Offering.
    • DoubleBeam’s GoPago POS system is enabling Slyde, a mobile commerce beacon-enabled shopping app.
    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– July 3, 2014

    • Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Finovate-F-Logo.jpgMisys launches new, modular core banking solution, FusionBanking Essence.
    • MicroStrategy, TIBCO listed among 16 most significant business intelligence software vendors in new Forrester report.
    • The New York Times Business Day interviews Adam Nash, CEO of Weathfront.
    • Wired Money startup pitch competition features Finvoate alums CurrencyTransfer and eToro.
    • Facebook chooses Braintree as sole payments provider for its FbStart program.
    • Tradeshift makes CPO Rising’s 2014 Hot Tech Prospect list.
    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.

    Where the Alums Are: A Remembrance of FinovateSpring Past

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    It is hard to believe that it is almost time for FinovateSpring 2014.

    There’s still plenty of time for you to get your tickets to our upcoming event in San Jose, California on April 29 and 30. Our final Sneak Peek preview post is up, all the companies who were prepping under the radar are now out of stealth, and we can’t wait for you to see what this year’s spring crop of fintech entrepreneurs and innovators has in store.

    Before we do, however, let’s take a moment to take a look back at last year’s FinovateSpring alums. As we scrolled through blog archives, several themes jumped out: the appetite for startups remains as passionate as ever, with three of our Spring 2013 alums being acquired by such financial sector potentates as Intuit and PayPal. And venture capitalists continue to see innovation in this space as a more than worthwhile investment, with 20 separate fundings for Spring 2013 alums

    We’ve grouped the achievements into four categories: Exits, Fundings, Awards, and Acquisitions. Enjoy!

    EXITS
    • Jack Henry buys Banno for undisclosed sum
    • The rumors are true: eBay’s PayPal acquires Braintree for $800 million in cash
    • Intuit buys tax planning/preparation specialist GoodApril
    • TaxAct acquires Balance Financial
    FUNDINGS
    • CardFlight secures $1.6 million in seed funding from ff Venture Capital
    • Encap earns seven-figure investment from ProVenture Seed
    • EyeVerify earns $2.3 million in Series A funding
    • Jemstep raises $4.5 million in Series A round
    • Kabbage brings in $270 million in debt financing to provide small businesses with funding of their own
    • Kabbage brings in $75 MIllion in debt financing
    • Leaf raises $20 million from Heartland Payment Systems
    • Alternative lender LendUp raises $14 million in new funding
    • D3 Banking creator Lodo Software Brings in $3 million
    • Narrative Science secures $11.5 million in Series C funding
    • OpenCoin wins investment from Google Ventures, IDG Capital Partners
    • P2BInvestor raises $1.2 million in Series A round
    • PayNearMe leverages Family Dollar Partnership; raises $20 million
    • PayNearMe raises $10 million in Series D funding, launches Express Merchant Onboarding Option
    • Prestadero raises 5 million pesos ($400,000 USD) in first round of funding
    • Quantopian raises $6.7 million in Series A round
    • Realty Mogul raises $9 million in round led by Canaan Partners
    • SeedInvest raises $2 million in crowdfunded investment campaign
    • SeedInvest Raises $1 million in round Led by Jumpstart New Jersey Angel Network
    • Zooz Closes $2 million Series A round Led by XSeed Capital
    AWARDS
    ACQUISITONS
    • OpenCoin acquires SimpleHoney
    • Kofax acquires data integration software provider Kapow Technologies
    • NICE to acquire Causata to enhance customer experience management

    Finovate Alumni News– April 3, 2014

    • Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Finovate-F-Logo.jpgTop Image Systems wins awards for innovations in crowdsourcing and mobile imaging.
    • Insuritas E-InsuranceAISLE Platform generated more than 2 million product impressions in March. The technology is deployed in more than 50 banks and credit unions, supporting more than $1.5 million in product sales. See them demo at FinvoateSpring.
    • Misys trade and supply chain finance processing platform embraced by National Australia Bank (NAB).
    • Nostrum Group announces opening of new office in London.
    • Kantox integrates AU10TIX B.O.S solution to auto-classify, authenticate and extract data from of images of customers ID documents.
    • Compliance Week looks at how Actiance helps banks stay compliant with social media.
    • The Australian looks at PayPal’s Braintree.
    • BancVue launches new youth spending app, PiggyBot.
    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.