FinDEVr APIntelligence

FinDEVr2015LogoV2DateAre you building new financial technology? Be sure to register soon for the only event exclusively for fintech developers, FinDEVr 2015, 6/7 Oct in San Francisco.

Developer news

  • CIO of UBS asserts the blockchain will heavily impact financial services.
  • Inc. Magazine: “Why Fintech Is One of the Most Promising Industries of 2015″
  • Accenture and leading banks invite applications for Fourth Annual FinTech Innovation Lab London.
  • Tool of the week: SplitMetrics allows A/B testing of App Store promotional pages.

The latest from upcoming FinDEVr 2015 presenters

  • PayPal acquires mobile commerce platform Modest, its first acquisition as a standalone, public company.
  • Inc. Magazine ranks Kabbage the 36th fastest-growing U.S. private company.
  • Silicon Republic recommends following OnDeck on Twitter.
  • FinDEVr alums make Let’s Talk Payments’ list of payment companies raising money in 2015.
  • Fidor Bank CEO Matthias Kroner calls bitcoin a “natural part of the digital lifestyle.”
  • PayPal ranks in the top 5 of payments companies based on market cap.
  • Blackberry selects PayPal for its P2P Payments provider.

Alumni updates

  • TradeSharp integrates with Tradier to offer brokerage services and enhanced trading strategies.
  • InComm to expand offerings in Asda, the United Kingdom-based subsidiary of Walmart.
  • Blockchain achieves 4 million bitcoin wallets.
  • Xero announces plan to help SMEs get bank loans.
  • Cloud Lending Solutions unveils CL Originate, its next generation, cloud-based loan-origination platform.
  • CardFlight’s SwipeSimple to power Integrity Mobile’s mPOS tech.

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

Finovate Alumni News

On Finovate.com

Around the web

  • FIDO Alliance now certifies security products from Entersekt and MicroStrategy.
  • Prosper updates credit model to PMI 6.
  • Boku acquires Mobileview Italia, offering it access to all four of the major mobile carriers in Italy.
  • NAFCU chooses Geezeo as PFM Preferred Partner.
  • Cloud Lending Solutions unveils CL Originate, its next generation, cloud-based loan-origination platform.
  • PYMNTS.com takes a look at Tradeshift’s acquisition of Merchantry.
  • BlackBerry and PayPal team up to beta test P2P payments via BBM in Canada.
  • Albawaba profiles Zooz and its unique approach to hiring developer talent.
  • Partnership with DigitalMailer to enable Primadata to provide its clients with the ability to send digital statements.
  • The Tennessean names ProfitStars a 2015 Top Workplace.

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

  • “FinovateFall 2015 Presenting Companies Announced

Around the web

  • Pymnts interviews Karmic Labs CEO Ryan Weidenmiller.
  • Kony Announces Asia Pacific and Japan Expansion.
  • Bankless Times features Cloud Lending Solutions.
  • Let’s Talk Payments names multiple FinDEVr alums in its list of 29 APIs to Consider Before Building Any Fintech Product.
  • Betterment, Financial Guard, Personal Capital, Vanguard, and Wealthfront are featured in a Bloomberg Business column on options for new investors.
  • Samsung introduces its Loop-equipped Samsung Pay app in South Korea.
  • Tamebay interviews Peter Plewman, CurrencyTransfer.com director, on the volatility of the euro.
  • Trulioo taps identity and fraud specialist, Jon Jones, as new company president.
  • Business Insider looks at “transformative” fintech leadership at companies like Braintree, Coinbase, PayPal, SamsungPay (with Loop), and Venmo.
  • Forbes highlights Zopa in its review of the growth of P2P lending in the United Kingdom.

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

  • “Oink Launches New App with Peer to Peer Functionality”

Around the web

  • Peter Day’s World of Business talks about machine learning technology with Jay Wilpon and Michael Johnston of Interactions.
  • Forbes.com column on innovations in lending features On Deck, Lending Club, Cloud Lending Solutions, and Vouch.
  • As Lighter Capital ramps up to closing six deals per month and nears its 100th investment, Jeff Seely is named chairman.
  • Lending Club leads investment in Propel(x), an online investment platform.
  • BBVA Compass launches online financial advice portals, MoneyFit and Great Ideas for Small Business.
  • As Lighter Capital ramps up to closing six deals per month and nears its 100th investment, it names Jeff Seely Chairman.
  • Lending Club leads investment in Propel(x), an online investment platform.
  • American Banker: “Temenos Is Ready to Make Waves in U.S. Core Processing”
  • CNBC discusses the future of fintech with Bill Harris, Personal Capital CEO.
  • Braintree partners with Pinterest to launch Buyable Pins.
  • Bluefin releases Version 2.0 of its proprietary P2PE manager.
  • Inc.: “Lending Club Jumps as Online Lending Continues to Grow”
  • Let’s Talk Payments names many alums in list of 50 fintech startups to watch out for.
  • British Bank Association undertakes a campaign to recommend that U.K. businesses deploy solutions such as TIS’ eFLOW INVOICE.

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

  • PayItSimple Pulls in $10 Million Line of Credit
  • Ripple Labs Reels in $28 Million, Eyes Asia Expansion
  • P2P Lending Meets High Street Banking as Metro Bank Partners to Lend via Zopa
  • Credit Sesame Raises $16 Million in New Funding
  • Planwise Raises $750,000, Nearly Doubling Total Capital

Around the web

  • Fox Small Business News names 11 Finovate alums in list of Hot Fintech Startups to watch.
  • Edenred México S.A. incorporates INETCO’s Insight software platform.
  • D3 Banking taps Jeffrey Walker as chief information security officer.
  • MasterCard launches P2P payments service, MasterCard Send, to help businesses reimburse rebate consumers without checks.
  • nTrust to deploy ID verification technology from Trulioo.
  • North American Savings Bank (NASB) partners with ACI Worldwide for online, mobile banking and billpay.
  • Avoka, Bill.com, BillGuard, CoinBase, Credit Karma, Jumio, Kabbage, Kreditech, OnDeck, Prosper, TransferWise, Trulioo, Venmo and WePay earn spots on Inc.com’s “20 Financial Technology Startups You Need to Know.”
  • ImageWare selects ValidSoft’s voice biometrics solution.
  • Kony teams with Citrix, to offer customers a mobile app solution from mobile design and development to enterprise mobility operations.
  • Altifi.com features Cloud Lending Solutions’ Cloud Lending Exchange.
  • ZD net: Intuit tightens PayPal integration with data synchronization 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.

Cloud Lending Solutions Launches CL Exchange

Cloud Lending Solutions Launches CL Exchange

This post is part of our live coverage of FinovateSpring 2015.

Cloud Lending SolutionsCloudLendingLogo debuted CL Exchange, a lending solution built natively on Salesforce.com:

Imagine Lending Club, Prosper, and other leading online lenders exchanging consumer or business loan applications within a global exchange. This CL Exchange is where business and consumer loan applications are exchanged among participating online marketplaces and lenders so that they can source the best possible loans for each company’s portfolio.

CL Exchange presenter: Snehal Fulzele, CEO, co-founder

IMG_9021

IMG_9033

Product Launch: May 2015

Metrics: Money raised to date: $2.25M pre-series A funding; annual sales growth: 250%; number of customers: 58; global footprint: deployed in 18 countries worldwide; number of employees: 55
Product distribution strategy: Direct to Business (B2B), through financial institutions, through other fintech companies and platforms, licensed

HQ: San Mateo, California
Founded: November 2012
Website: cloudlendinginc.com
Twitter: @cloudlending

Finovate Alumni News

On Finovate.com:

  • ID.me Raises $3 Million in New Venture Debt Funding
  • Alt-Credit Score Startup, AireRaises $1.1 Million.

Around the Web:

  • Polish & Slavic Federal Credit Union chooses online banking platform from ACI Worldwide.
  • Finextra’s Future Money Focus interviews Thomas DeLuca, CEO of Advanced Merchant Payments.
  • BBC column on Technology of Business features AzimoCurrency CloudCurrencyFair, and TransferWise in a discussion on the currency transfer business.
  • Forbes.com profiles Singapore-based Fastacash.
  • PYMNTS features ThreatMetrix’s latest whitepaper.
  • Shentel integrates InComm’s CashTie API to facilitate bill pay at retail locations.
  • Financial Planning features FutureAdvisor’s freemium model.
  • Expensify launches new policy editor design.
  • Forbes features OnDeck Capital as one of three lesser-known strategies to secure business financing.
  • Bluefin Payment Systems to power payment processing for Clubworx software platform.
  • Cloud Lending Solutions announces agreement with BDO Solutions to bring its non-bank online lending platform to East Africa.

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 30, 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.jpgWipro wins multi-year, IT outsourcing contract from Allied Irish Banks (AIB). Join Wipro in London for FinovateEurope 2015 next month.
  • The Financial Services Blog features more than 20 Finovate alums in its look at the 50 most innovative FinTech firms.
  • MasterCard PayPass partners with St. Petersburg Metro to bring contactless payments to Russian subway.
  • Blackhawk Network unveils Blackhawk Engagement Solutions to build customized incentive and rewards programs.
  • FinovateEurope 2015 Sneak Peek: Part 6 is now up.
  • American Banker highlights Cloud Lending’s role with banks.
  • PYMNTS interviews TSYS Merchant Solutions’ Tom Boyer about changes in the payments acquiring space.
  • Bolstr Raises $1.7 Million in Seed Funding.
  • The blog herald shares an infographic detailing online security methods: Nymiband, Myris, Eyeverify, BehavioSec, Entersekt.
  • Lifehacker features Betterment, Mint, Personal Capital as tools to manage your investments.
  • Bitcoinist features Bitbond. Check them out at FinovateEurope February 10 & 11.
  • BetaBoston: After a successful 2014, student services company SimpleTuition rebrands as Valore.
  • Mitek Q1 revenue up 21% YOY; reports 3,300 financial institutions now signed & 2,700 live.
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 15, 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.jpgFiserv launches its mobile card management app, CardValet.
  • Monitise teams up with the MoneyPass Network to offer Mobile Money services and card control functionality.
  • Misys adds DTCC connectivity to its Regulatory Reporting Service.
  • Partnership between MasterCard and Movistar brings mobile money service to Peru.
  • Benzinga columnist profiles Market Prophit in his look at Apple, Facebook, and JP Morgan.
  • Yodlee now powering 80 financial solutions for smbs.
  • PlanetBiometrics profiles Neil Costigan, BehavioSec CEO.
  • D3 Banking reveals 2015 plans to release digital offering for bank’s SMB customers & launch SaaS-based offering.
  • Kony receives the highest scores in 3 out of 4 use cases in New Gartner Report: Critical Capabilities for Mobile Application Development Platforms.
  • TIO Networks partners with City of Baltimore to launch mobile phone bill payments for residents.
  • James Dotter, Utah Business’ 2013 CFO of the Year, joins MX as CFO.
  • FreeAgent offers £5k tax bill prize to ease Self Assessment woes.
  • Algomi reports strong growth, plans to triple U.S. staff.
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 2014: Cloud Lending is Taking Enterprise Lending Software to the Cloud

FinDEVr 2014: Cloud Lending is Taking Enterprise Lending Software to the Cloud
This post is part of our live coverage of FinDEVr San Francisco 2014.
CloudLendingLogo

Cloud Lending showed how it helps financial institutions move the back office to the cloud:

Cloud Lending – Enterprise Lending Software

Cloud Lending products enable financial institutions to achieve scale and flexibility by moving the core back office to the cloud. Why did we choose Salesforce? The results that have been achieved by our customers using applications built on the Force.com platform – three-digit growth every quarter.
CloudLendingHomepage
Presenter: Darpan Saini, Co-Founder & CTO
About:
Cloud Lending is an enterprise cloud lending solution provider. Our agile solutions are designed to empower lending businesses to simplify business processes, stay compliant and be future ready.
Twitter: @cloudlending 

FinDEVr Preview: BehavioSec, Bluefin Payment Systems, CardFlight, Cloud Lending, and Concur

FinDEVr Preview: BehavioSec, Bluefin Payment Systems, CardFlight, Cloud Lending, and Concur
FinDEVrLogo

One of the great things about FinDEVr is the way it gives us the opportunity to get to know both new companies and innovators as well as see familiar companies and innovators in new and exciting ways.

To this end, here is the first of three looks at another fifteen innovators who will be taking the stage on September 30, Day One of FinDEVr.

Click here for Part Two. Part Three is here.

Tickets are still available for the first event for fintech developers. Click here to save your spot today. And once you’ve registered, don’t forget to join the community on Bizzabo.


BehavioSecLogo_FinDEVr

BehavioSec is a leader in frictionless behavioral user verification & authentication. BehavioSec examines how you interact with a website or mobile device to provide a frictionless layer in web fraud prevention.

Keynote: Realtime Scoring of Behavioural Biometrics via Web Services
Presenting our web & mobile SDK, we deep dove into the back end services and show how easy it is to instrument a web site or mobile app with frictionless behavioral biometrics to add a new layer of security.
In an interactive session we are demonstrating a number of use cases of both real-time scoring and ‘after the fact’ biometrics forensics. We open up the client SDK to show the APIs, file formats, etc. In parallel we expose the typical integration points to see the architecture and the power the backend web service APIs offer developers to represent additional transaction security in a way that suits your organization’s business needs.
Why it’s great for developers:
  • Frictionless web or mobile fraud prevention via behavioral biometrics
  • Lite touch integration to deliver a new layer in security for web and mobile platforms


BluefinLogo_FinDEVr

Bluefin Payment Systems is a leading FinTech company focused on processing, integrating, and securing payments. Bluefin offers P2PE, tokenization, mobile payment SDK’s, payment gateways, merchant accounts, PCI Compliance, transparent redirect, recurring billing, and branded online merchant account enrollment.

Keynote: Bluefin, Point-to-Point Encryption (P2PE)
Bluefin is the only validated Point-to-Point Encryption (P2PE) Solution listed by the PCI Security Standards Council, North America. P2PE can reduce the scope of card data environment and related PCI requirements. Your software doesn’t need to be PCI Compliant if card data is encrypted using P2PE.
Why it’s great for developers:
  • Your software doesn’t need to be PCI Compliant if you implement Bluefin’s P2PE Solution.
  • Add P2PE to webpages/applications using keyboard emulation or HID version.
Bluefin is currently the only PCI Council-listed P2PE Solution. P2PE encrypts card data before it reaches your applications and protects card data from malware.

CardFlightLogo_FinDEVr

CardFlight is a leading provider of mobile POS technology and tools that makes it easy for anyone to accept swiped (card present) payments in any mobile app with virtually any merchant account. They offer both iOS/Android mobile payment applications and software development kits (SDKs) that can be incorporated into custom applications. CardFlight’s platform also includes encrypted card readers and a payment gateway that supports over 20 different processors, to provide clients with complete mobile payments and mobile POS (mPOS) solutions. CardFlight won the Electronic Transactions Association’s 2014 Technology Innovation Award.

Keynote: CardFlight SDK for Mobile Payments
The CardFlight SDK allows any mobile developer to build mobile point-of-sale functionality into his or her own mobile apps. CardFlight supplies three things:
1. Encryped mobile card readers that fit into the audio jack of any smartphone or tablet
2. Easy-to-integrate software development kits for iOS and Android, complete with developer-friendly documentation and support
3. A PCI Level 1 compliant payment gateway that works with all major processors/merchant accounts
This allows developers to easily process swiped credit card payments within their own apps without the complexity of typical payment integrations. By using the CardFlight SDK, developers can fully customize their user experience and keep control of their product, while being able to integrate payment data into their other back-end systems (CRM, inventory management, analytics and reporting, etc.)
The CardFlight SDK and gateway is compatible with merchant accounts from leading processors, including Braintree, Chase Paymentech, Global Payments, First Data, Stripe, TSYS and Vantiv.
Why it’s great for developers:
  • We provide iOS and Android SDKs and a credit card reader to add swiped credit card payments to your application.
  • We process transactions through our PCI compliant gateway, eliminating your scope for PCI Compliance.
  • We integrate with all major processors (Stripe, Braintree, Balanced, etc.)
CardFlight is a leader in credit card payment enablement for mobile. We make it easy to accept swiped credit card payments in your own application, allowing you to keep your merchant provider, branding and customer experience.

CloudLendingLogo_FinDEVr

Cloud Lending Inc., is an enterprise cloud lending solution provider. Our agile solutions are designed to empower lending businesses to simplify business processes, stay compliant an deb future ready.

Keynote: Cloud Lending Inc. – Enterprise Lending Software
Cloud Lending products enable financial institutions achieve scale and flexibility by moving the core back office to the cloud. Why did we choose Salesforce? The results that have been achieved by our customers using applications built on the Force.com platform – three digit growth every quarter.
Why it’s great for developers:
  • It is end-to-end and supports multiple loan types
  • It is borrower focused
  • It addresses regulatory changes in a matter of hours
We run on Salesforce, leveraging both its CRM to track loan status form bid to re-payment and its ability to integrate with other native apps.


ConcurLogo_FinDEVr

Concur is a leading provider of integrated travel and expense management solutions trusted by over 25,000 clients around the globe with over 25 million users. The Concur Platform allows developers to develop and market innovative solutions to the lucrative $1.23 trillion business travel market.

Keynote: Numbers, they don’t lie …
Concur processes more than $55 billion dollars in annual T&E spend for its 25 million customers. In this presentation, Mithun Dhar,  Director of Evangelism & Strategic Marketing, will walk us through and give insight into this spend and tell developers why its a great opportunity to tap into this lucrative market.
Why it’s great for developers:
  • Access to 25 million business travelers
  • Access to more than 25,000 businesses that use Concur
  • Insight into over $55 billion dollars of annual T&E spend
Business travel is a $1.12 trillion industry, with U.S. business travelers logging 460M trips a year. The Concur Platform allows you to tap into this lucrative market.


Click here for Part Two of our three-part look at another set of companies that will be presenting and holding workshops at FinDEVr on Tuesday, September 30. For Part Three, click here.
And if you missed our previous editions of our FinDEVr Preview, the links below will help get you up to date.