FinDEVr APIntelligence

FinDEVr2016-NY-(Stacked)V2Are you building new financial technology? Be sure to check out coverage from our recent developer conference in San Francisco. We’re taking the fintech developer tool showcase to New York on 29/30 March 2016. Stay tuned for details.

The latest from FinDEVr San Francisco 2015 presenters

  • Fortune: How Venmo plans to make money.
  • PayPal and Aramex partner to create www.ishoptheworld.com, a one-stop cross-border marketplace.

Alumni updates

  • InComm acquires TibiDono, Austria-based marketing and gift card distribution company.

Stay current on daily news from the fintech developer community! Follow FinDEVr on Twitter.

Finovate Alumni News

Around the web

  • Wipro appoints Abidali Neemuchwala, CEO and member of the board, and names TK Kurien as executive VP.
  • Top Image Systems announces quarter-million-dollar eFLOW5 upgrade project of Hong Kong subsidiary of a top-ten Chinese bank.
  • Let’s Talk Payments interviews Peter Burridge, Hyperwallet CRO and president.
  • PYMNTS interviews WePay’s Global Vice President of Sales and Success Kurt Bilafer about customer intimacy in online commerce.
  • Fortune: How Venmo plans to make money.
  • PayPal and Aramex partner to create www.ishoptheworld.com, a one-stop cross-border marketplace.

This post will be updated throughout the day as news and developments emerge. You can also follow alumni news headlines on the Finovate Twitter account.

Finovate Alumni News

On Finovate.com

  • “Finovate debuts: RedCloud Technology Helps Financial Institutions Build Regulatory Compliant Products”
  • “PRUDENA Launches Online Marketplace for Stock Market Research”

Around the web

  • PYMNTS looks at Akimbo’s next venture, Akimbo Now.
  • Dealstruck crosses the $100m mark.
  • Deluxe Corporation celebrates its 100th birthday by ringing the opening bell at the New York Stock Exchange.
  • PYMNTS interviews Michael Garrity, co-founder and CEO of Financeit.
  • Inside Big Data interviews Dr. Venkat Krinivasan, CEO of RAGE Frameworks.
  • The Financial Brand’s Ron Shevlin takes a look at the future of Venmo.
  • InvestinGoal provides a free eToro base course to help introduce new investors to social trading.
  • Strands brings its PFM solution to Temenos Connect and Mobile Internet Banking.
  • Geezeo builds custom financial event app: Life by Geezeo.

This post will be updated throughout the day as news and developments emerge. You can also follow alumni news headlines on the Finovate Twitter account.

Finovate Alumni News

On Finovate.com

  • “InforcePRO Rakes in $4 Million Following Finovate Debut”

Around the web

  • Jumio brings its ID verification technology to Loot, a prepaid card and money-management app.
  • Let’s Talk Payments looks at the Venmo-powered Ledge, a mobile P2P lending app.
  • CardFlight mPOS solutions certified by First Data to accept EMV chip card payments.
  • Re/code profiles Twilio as part of its new “Lunches with Unicorns” series. Join Twilio’s Authy at FinDEVr 2015 in San Francisco next week.
  • Fortune Magazine lists OnDeck on its list of 100 Best workplaces for millennials.
  • Hyperwallet’s founder, Lisa Shields, wins EY Canada’s Entrepreneur Of The Year award.
  • FamZoo wins The People’s Choice Award at FinCon15.

This post will be updated throughout the day as news and developments emerge. You can also follow alumni news headlines on the Finovate Twitter account.

Finovate Alumni News

On Finovate.com

  • “Kreditech Raises 82 Million in Series C Investment Led by J.C. Flowers”
  • “Ellevest Pulls in $10 Million from Morningstar”

Around the web

  • Ripple Labs and Coinbase are highlighted in this infographic on how banks are using blockchain technology.
  • Let’s Talk Payments takes a look at Aire and its alternative approach to credit scoring.
  • Venmo is featured along with nine other top bill-sharing apps.
  • Emerging Payments Awards selects Hyperwallet as a finalist for the Best Corporate/Government Payments Program award for 2015.
  • Kony to offer enterprise mobility cloud solutions to Etisalat.
  • Forbes: Nordea selects Temenos and Accenture to undertake the first major comprehensive European core-banking replacement in years.
  • ChicagoInno features Morningstar’s HelloWallet’s Best of Show win at FinovateFall.
  • PayPal unveils its chip-card reader in the U.S.
  • Hyperwallet counts down to next week’s FinDEVr developer conference. Come see Hyperwallet at FinDEVr, 6/7 Oct in San Francisco.
  • COO Connect calls Blooom, the future of retail savings.

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

  • “Munich-Based Fidor Bank Launches in the UK” —Check out Fidor Bank at FinDEVr, 6/7 October, in San Francisco.

Around the web

  • New P2P lending app, Ledge, leverages Venmo technology.
  • CNET features Wealthfront, Betterment, FutureAdvisor, SigFig, and Personal Capital in a look at investment in robo-advisers.
  • American Banker profiles PaySwag and its strategy to put a gamified face on debt collection.
  • Kashoo unveils version 4.4 of its iOS app.
  • American Legion magazine interviews Mark Rockefeller, StreetShares CEO and co-founder.
  • itBit announces new higher withdrawal limits.
  • Digital Retail Apps CEO and founder Wendy MacKinnon Keith wins 2015 Women in Payments Innovation Award.
  • InvestorJunkie lists its top 15 robo-advisers, featuring eight Finovate alums.
  • Braintree and PayPal reflect on their two-year anniversary. See Braintree show off its APIs at FinDEVr in San Francisco, 6/7 October.
  • EQ features DAVO’s sales-tax solution.
  • Bank Innovation highlights Ldger’s demo at FinovateFall last week.
  • Forbes features Aerospike. See Aerospike’s presentation at FinDEVr San Francisco on 6/7 October.

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

  • “SumUp Raises €10 Million in Round Led by BBVA Ventures, Groupon, American Express”

Around the web

  • In its fiscal year 2015, Avoka signs record number of clients and experiences 70% year-on-year bookings growth.
  • Yodlee is accepting applicants for its upcoming Ynext Incubator class.
  • Markit acquires FX trade-processing specialist DealHug. See Markit at FinDEVr 2015 in San Francisco in October.
  • Emailage opens European data center.
  • After BlackRock’s acquisition of FutureAdvisor, ThinkAdvisor considers the fate of Wealthfront and Betterment.
  • Forbes looks at Mint, MaxMyInterest, Moven, and Venom in a discussion on the connection between mobile, messaging, and financial services.
  • Mainstream features a quote from founder of DoubleNet Pay, CEO Brian Cosgray, on the impact of debt on new retirees.

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 APIntelligence

FinDEVr2015LogoV2DateAre you building new financial technology? Be sure to register soon for the only event exclusive for fintech developers, FinDEVr 2015, Oct 6-7 (fewer than 6 weeks away!) in San Francisco.

Developer news

  • Royal Bank of Scotland to host hackathon in partnership with Open Bank Project.

The latest from upcoming FinDEVr 2015 presenters

  • PayPal’s One Touch Instant Checkout platform is now available in 13 new markets.
  • Let’s Talk Payments looks at Venmo and its new group-payments feature.
  • Intuit to sell off Quicken with no plans to divest Mint or Mint Bills.
  • Yodlee cites innovations from PayPal, Credit Karma, Personal Capital, and ReadyForZero in its 7 Habits of Highly Successful Fintech Startups.

Alumni updates

  • Global News interviews Karl Martin, Nymi CEO and founder.
  • The Denver Post profiles Broomfield-based Avoka Technologies. See Avoka at FinovateFall 2015 in New York City in September.
  • CIO cites Avoka’s win of most innovative customer solution in Citi’s demo day in London.

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

Finovate Alumni News

On Finovate.com

  • “More than 30 Alums Earn Spots on the Hot Topics 100 Most Influential People in Fintech Roster”
  • “Finovate Debuts: How DRAFT Offers Transparency into Investment Performance”

Around the web

  • Patch of Land to directly secure all existing and future loans with underlying collateral.
  • The College Investor reviews FutureAdvisor.
  • The Denver Post profiles Broomfield-based Avoka Technologies. See Avoka at FinovateFall 2015 in New York City in September.
  • Matchi launches new insurance category.
  • Pymnts interviews Flint Mobile’s CEO Greg Goldfarb on how its solution will adapt to the upcoming liability shift.
  • Larky to power CoastHills Credit Union’s privi, a mobile app that delivers instant member savings and loyalty.
  • Let’s Talk Payments looks at Venmo and its new group-payments feature.
  • Payoneer partners with freelance jobs platform, Nebbish.com.
  • Expensify launches real-time expense reports.
  • Royal Bank of Scotland hosts hackathon in partnership with Open Bank Project.

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 Alums Featured Among Top Hackathon Payment APIs

FinDEVr Alums Featured Among Top Hackathon Payment APIs

DevPost_homepage

Devpost, the self-described “home for hackers” formerly known as ChallengePost has released data from nearly 10,000 student programming projects that finally answers the question: When the going gets tough and the competitive coders get coding, which language do they choose?

You can find the answer to that question here—hint: rhymes with HTML/CSS—along with the full report from Devpost. JavaScript came in second, and Python in third, but what caught our eye were the top payments APIs. After more than 150 hackathons involving more than 13,000 hackers, which payment APIs were most in demand?

  1. Venmo
  2. PayPal
  3. Stripe
  4. Braintree
  5. Blockchain

It was no surprise to see Finovate and FinDEVr alums among the pack. Venmo is a Finovate alum, having demonstrated its Venmo Touch technology with Braintree at FinovateSpring 2013. And PayPal, Blockchain and Braintree all presented at the inaugural FinDEVr 2014 conference for developers in San Francisco last fall. Braintree will be back again this year for FinDEVr 2015 in San Francisco.

WebDevpost’s survey of student hackers is based on the 2014-2015 academic year. The data set included 13,281 student hackers from 160 student hackathons featuring 9,898 individual projects.

In a note about the report, the authors emphasized that sponsorship matters when it comes to being “the one that gets used” by builders. “If you show up and participate,” the authors wrote, “hackers will use your technology.”

paypal_logo_new“We looked at the 20 companies that sponsored two or more student hackathons in 2014 and had 50 or more overall projects tagged with their technologies,” the authors wrote. “Nineteen of those companies had a higher prevalence of tags when they sponsored, including 11 tagged more than twice as often when they sponsored.”

As ChallengePost, the platform served as a place for online competitions in general. But as the number of software and technology competitions began to grow, the company shifted direction to focus on “software-developer hackers.”

braintree_logo_new“Hackers make stuff and exhibit imagination, ingenuity, self-confidence, and a collaborative spirit,” wrote Brandon Kessler, company founder and CEO. “That’s who we are too, and we wanted to support the community around it.”

BlockChain_logoDevPost has powered more than 700 in-person hackathons, and partnered with companies like Uber, AT&T and IBM to help build developer communities. The company was founded in 2009 and is headquartered in New York City. The student report was DevPost’s first, but the company plans to publish rankings periodically, and encourages hackers to tag the technologies they use.

*Post updated to add FinDEVr 2014 alum, Blockchain.


If you’re interested in learning more about the technologies engineers and developers are using to build the fintech innovations of tomorrow, join us in San Francisco, October 6-7, for FinDEVr 2015: the premier event for fintech developers.

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

  • “Realty Mogul Builds $35 Million in New Funding”
  • “Fastacash Secures $15 Million in Series B Investment”
  • “Fenergo Raises $75 Million from Insight Venture Partners”

Around the web

  • InComm adds new brands to its Incentives e-commerce site, including vacation brands.
  • Green Dot opens subsidiary in Shanghai.
  • Citizens 1st National Bank introduces mobile remote deposit capture with integration of Malauzai SmartApp, Ensenta mRDC.
  • Liz Loewy, senior vice president for EverSafe, spoke about elder financial abuse at White House Conference on Aging.
  • Arxan Technologies partners with Sequent to develop new security solution to protect HCE-based payment systems.
  • Five Degrees appoints Peter-Jan van de Venn as new chief commercial officer.
  • BBVA Group inks strategic agreement with the Alliance for Financial Inclusion.
  • Business Insider names executives of Braintree, PayPal, Coinbase, and Venmo as 5 of 10 execs who are transforming the fintech industry.
  • Kotak Securities and Heckyl launch real-time news and market-info apps.
  • Cachet Financial Solutions to deploy Select Mobile Money platform for SOLE Financial’s Visa Paycard.
  • MyOrder teams up with WirecardGroup to issue contactless mobile cards using HCE technology.
  • Algomi wins “FinTech Innovation of the Year” honors at 2015 Euromoney Global Awards for Excellence.
  • Wealthfront lowers its minimum investment to $500.
  • Bank Innovation takes a look at how startups like SizeUp help banks work better with small businesses.
  • Authentication specialist BioCatch earns a pair of patents from the U.S. Patent Office.

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.