FinDEVr APIntelligence

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

Developer news

  • “The Next Web: How to Design with Developers”

The latest from FinDEVr San Francisco 2015 presenters

  • Think Big Data mentions Praesidio as a startup using machine learning in its cyber-security solution.
  • “Xignite Surpasses 50 Billion API Calls in a Single Month”
  • VentureBeat: Twilio rolls out new feature set designed to help developers build messaging apps using its platform.
  • Arxan Technologies extends its app-security protection to Apple TV.
  • “Digital Asset Holdings Acquires Blockchain-as-a-Service Innovator, Blockstack.io
  • Security solutions from Arxan Technologies now running on more than 500 million devices.

Alumni updates

  • Tradier teams up with Equities Lab to bring real-world trading experience to college students.
  • Google appoints Entersekt CTO Christiaan Brand as product manager for security and identity teams.
  • Pymnts looks at how SimplyTapp is addressing host card emulation.
  • Visa Inc. to Acquire Visa Europe.
  • Fierce Finance IT features BehavioSec.
  • Avoka partners with Trulioo to provide digital identification authentication to international banks.

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

Finovate Alumni News

On Finovate.com

  • “Xignite Surpasses 50 Billion API Calls in a Single Month”
  • “Feedzai Unveils its New Antifraud Solution, Data Science Studio”

Around the web

  • Comarch supports insurance sales and after-sales service by automating sales force at UNIQA Poland.
  • Let’s Talk Payments talks about Photo Verify with Sarah Clark, Mitek VP of product.
  • AcceptEmail and Kansys team up to provide email billing and payment options to telecoms via OCPay.
  • Fiserv and Early Warning partner to enable real-time bill pay and deposit services for U.S. FIs (financial institutions).
  • Corporate One partners with Gro Solutions to expand credit unions’ digital platforms.
  • Mitek launches mobile multicheck-capture for Commercial Mobile Deposit.
  • USAA and Coinbase partner to bring bitcoin to USAA members.
  • The Daily Telegraph features SocietyOne.
  • Euronext launches sentiment analysis partnership with Heckyl Technologies.
  • GEICO employees get access to HelloWallet, helping them manage their 401(k).
  • Visa Inc. to Acquire Visa Europe.
  • DriveWealth teams up with CQG, Direct FX to launch new, multi-asset trading platform.
  • FX Street calls Ayasdi “the next evolution in science.”
  • Arxan Technologies extends its app-security protection to Apple TV.
  • Mobile World Magazine looks at Fastacash and its new partnership with Xpress Money Services.

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.

 

SumUp Brings its mPOS Technology to America

SumUp_homepage_Oct2015

SumUp, a leading European mPOS (mobile point of sale) innovator, is launching in the United States.

And if you ask SumUp CEO Daniel Klein, the company has arrived just in time.

“We are here to help U.S. merchants and partners, such as cash register vendors, to transition quickly and securely to EMV, by making payments as easy as possible for their customers,” Klein said. He pointed out that SumUp is the “platform of choice for EMV transactions in 14 countries” serving tens of thousands of merchants.

SumUp_stage_FEU2013b

SumUp CMO and co-founder Stefan Jeschonnek demonstrated his company’s platform at FinovateEurope 2013 in London.

As part of its U.S. launch, SumUp will be unveiling a new EMV contactless card terminal, available for pre-order at $99. The new terminal is designed specifically for the U.S. market, enabling merchants to accept electronic and e-wallet, Apple Pay and Android Pay payments via NFC, as well as accept payments with EMV chip-cards. “The shift to EMV chip-cards puts more costly fraud liability on stores without chip terminals,” Klein added, “but only half of small businesses are even aware of EMV liability.”

SumUp provides end-to-end payment-processing solutions supported by its own proprietary EMV card terminals, and mobile apps. U.S. merchants using the technology will be able to accept Visa, MasterCard, and American Express payments. SumUp will charge a transaction fee of 2.75%. The company plans to announce strategic partnerships with “major U.S. companies” soon.

One company already partnered with SumUp is Visa, whose SVP for Innovation and Strategic Partnerships, Bill Gajda, praised SumUp’s “impact on the conversion of cash to electronic commerce” around the world. Gajda added that encouraging EMV adoption was also important. “We are focused on encouraging and supporting the adoption of EMV chip technology in the U.S. as quickly and efficiently as possible, so that everyone can realize the powerful security benefits that EMV chips provide,” he said.

Founded in 2011 and headquartered in Dublin, Ireland, SumUp demonstrated its platform at FinovateEurope 2013 in London. The company has more than $56 million in funding.

For more information about our upcoming FinovateEurope 2016 conference, visit our information page.

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.

FinDEVr2015-SF-Logo-Stackedwdate

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.

Finovate Alumni News

On Finovate.com

  • “Finovate Debuts: TrueAccord Provides Kinder, Gentler Automated Debt Collection”
  • “HedgeCoVest Adds Two New Models to its Platform”
  • “CashSentinel Closes Seed Round of Undisclosed Amount”

Around the web

  • Dunkin’ Donuts, Fandango, Sundance Catalog and Williams-Sonoma now accept Visa Checkout.
  • Moven updates Android mobile app.
  • The Fintech blog features Q&A with LendUp CEO Sasha Orloff.
  • Bank Innovation profiles Hedgeable and its “one simple trick.”
  • Westpac Banking Corporation and New Zealand Banking Group are testing Ripple for payment transfers between subsidiaries.
  • Ixaris announces €4m Open Payments Ecosystem (OPE) project to support developers building payment apps.
  • TSYS to support Apple Pay when it launches in the U.K. in July.
  • Omnichannel account-opening solution from Zenmonics goes live at BBVA.
  • Austin Energy to adopt PaySecure platform from Acculynk.
  • Investopedia column on the “Top 5 Myths of Robo-Advisors” features Betterment, Wealthfront, and Vanguard.
  • BrightScope launches Fund Pages to provide detailed information about open-ended mutual funds.
  • Sam’s Club using Lending Club to offer financing to SMB customers.
  • FitSmallBusiness.com names OnDeck best provider of small business loans.
  • SunGard terminal selects Heckyl news and sentiment analysis.
  • Pindrop Security granted patent for phone antifraud and authentication technology.
  • Top Image Systems taps Bob Fresnel as new TIS Americas President.

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 Alums Take Gold, Silver and Bronze at PYMNTS Innovation Awards 2015

Sixteen Finovate and FinDEVr alums have been recognized by the PYMNTS Innovation Awards 2015. Three alums, MasterCard , Clover Network and OnDeck took home top honors in their categories, winning gold in “Best New Technology,” “Best POS Innovation,” and “Best Small Business Innovation,” respectively. The rest of the alum field earned silver and bronze in 13 additional categories, including LoopPay, which earned Silver for Best New Technology and a Bronze for “Most Innovative.”

InnovationProject2015_homepage

More than 600 companies competed for the awards, with more than 10,000 votes tallied. Finalists were selected by an expert panel, and the top five companies in each category were submitted to the “PYMNTS community” for voting. In addition to the Innovation Awards, the event recognized Phil Tomlinson of TSYS (also a Finovate alum) and Michael Joseph of Safaricom, inducting both into the PYMNTS Hall of Fame. Two women, Carey Kolaja, VP of Global Consumer Products for PayPal and Perse Faily, CEO of Tillster, were also recognized at the event. Apple took home the Innovation Award’s Catalyst Award for what MPD CEO Karen Webster called during the award ceremony, “creating a roadmap for the industry” with its ApplePay innovation.

The full list of winning alums is below. For more information about the Innovation Awards 2015, including the full list of all finalists, visit their page here.

Gold

Silver

Bronze

Alumni News– February 3, 2015

  • Finovate-F-Logo.jpgProfitStars adds Banno Mobile solutions to the Independent Community Bankers of America (ICBA) Preferred Service Provider program.
  • Lending Club to serve as exclusive POS financing for Alibaba.com’s U.S. business buyers.
  • Visa CEO selects NBCUniversal’s Vasant M. Prabhu as CFO.
  • On Finovate.com: “Fidelity Investments Acquires eMoney Advisor for Reported $250 Million”
  • The Philippine National Bank deploys core banking solution and EFT switching solution from FIS.
  • ABC2 News in Baltimore talks with Robb Gaynor of Malauzai Software about mobile banking apps.
  • Thinking Bigger profiles Blooom and its new way to 401(k).
  • The Costa Rica Star features Azimo, a money-transfer service.
  • Financial Advisor’s look at assets managed by roboadvisors highlights Wealthfront, Financial Guard, Personal Capital, and Betterment.
  • Jumio enhances capturing technology for its ID card-scanning service, Netverify.
  • Discussion of the “positive powers” of fintech in The Guardian features ACI Worldwide, Azimo, TransferWise, Ripple, and Blockchain.
  • Check out our final Sneak Peek before we launch into a record-breaking FinovateEurope.
  • CSO Online features Nymi, Myris, and EyeVerify.
  • Kabbage funding More Than $3 Million per Day.
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: Visa Tools and Technology to Help Build the Future of Commerce

VisaLogo

This post is part of our live coverage of FinDEVr San Francisco 2014.

Visa is showing developers how to connect their e-commerce solutions to Visa’s payments network through open payment APIs and SDKs. 

The Future of Commerce

Learn how Visa is supporting the creation of new, innovative commerce solutions by enabling developers, mobile network operators, device and platform operators to easily connect to Visa’s network through new open payment APIs and SDKs.

Presenters: Alan Johnson (Sr. Director, Digital Developed Markets) & M. Tad Tilahun (VP, Product Development)

Visa_developer_homepage
About: 
Visa provides a broad array of tools, services, and resources to help developers create seamless, multi-channel payment solutions.
If you’re not attending FinDEVr, see the Visa Developers blog for technical articles on some of the new Visa technology showcased at the event, including two recent articles: Getting Started with Visa Checkout and Getting Started with the Visa Checkout SDK for Android.
Twitter: @VisaDeveloper

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.

    FinDEVr Preview: Visa Developers

    FinDEVr_logo

    Over two days at UCSF Mission Bay Conference Center in San Francisco, FinDEVr will provide developers, architects, engineers, and other builders with a unique opportunity to meet and network with some of the biggest names in fintech software development.

    Our FinDEVr Preview has already introduced you to some of these companies, innovators like Yodlee Interactive and TD Ameritrade Institutional. Today, we introduce you to one more: Visa and its Developers program. 

    Like many companies known primarily for their vast experience as a financial services provider, Visa is also a major innovator when it comes to technological innovations for financial institutions and their customers.
    Remember, early bird pricing for FinDEVr ends next week. Lock in your savings and get your tickets today.


    VisaLogo

    The Visa Developers program provides a broad array of tools, services, and resources from both Visa and its subsidiary brands to help developers create seamless, multi-channel payment solutions.

    Keynote: The Future of Commerce
    Learn how Visa is supporting the creation of new, innovative commerce solutions by enabling developers, mobile network operators, device and platform operators to easily connect to Visa’s network through new open payment APIs and SDKs.
    Workshops
    1) Visa Checkout API-less Web Integration
    Implement your own instance of Visa Checkout on a website and get started with the Sandbox, adding requirement elements to a cart page, receiving/decrypting a payload, and updating with a pixel. Learn how simple it is to implement Visa Checkout on a website without making a single API call.
    VisaCheckout2
    2) Visa Checkout Android SDK Integration
    In this session we’ll show you how to add Visa Checkout support to your app using our Android SDK. Learn how easy it is to configure your app for Visa Checkout, as well as get a payload and perform an update via our API.
    VisaCheckoutHomepage
    3) Visa Checkout Provisioning Integration for Financial Institutions
    Learn how to implement the Visa Checkout Provisioning interface on your site to streamline the provisioning of Visa Checkout accounts for your customers. We’re discussing light and heavy integration options. See how simple it is to help your customers create Visa Checkout accounts on your site.
    Presenters
    Raj Sundaresan, SVP, Digital & Mobile Products
    Michael Blanton, Senior Director, Visa Digital Integration
    Alan Johnson, Senior Director, Digital Developed Markets
    Mark Legere, Senior Integration Architect, Visa Digital
    Dipti Bele, Integration Architect, Visa Digital


    Join us next week for our FinDEVr Preview featuring MasterCard Developer Zone. To read our earlier previews, check out our introductions to Yodlee Interactive and TD Ameritrade Institutional.

    The Success of Visa Checkout’s Rebrand

    VisaLogo

    Visa’s Visa Checkout, the rebranded version of V.me, has experienced increased success since its recent change of face.

    Similar to PayPal, Visa Checkout stores users’ credentials and enables them to pay at a merchant’s site with only their username and password. The service launched this July with PNC and other banking partners.

    VisaPNCCheckout

    According to American Banker, PNC reported that customer enrollments of Visa Checkout doubled after it changed the brand from V.me (PNC declined to disclose actual enrollment 

    VisaCheckoutCreditCards

    figures). Some speculate that the success is partially due to the name change. Not only is Visa Checkout more descriptive, it also appeals to a wider audience and sounds more secure.

    The potential for Visa Checkout to place a bank’s card at the top of the digital wallet is enticing. When a user signs up for the Visa Checkout, they are prompted to enter their credit card information into the wallet. While the service works with any payment card, banks are hoping their card will be the most frequently used.

    To see Visa’s newest offering for developers, check out its upcoming presentation at FinDEVr San Francisco held September 30 through October 1.

    Intuit Works With Visa to Launch Prepaid Card

    Thumbnail image for Thumbnail image for IntuitLogo.jpgVisaLogo.jpg

    Visa shared on its blog yesterday that California-based Intuit recently launched a prepaid Visa card called GoPayment:

    “Those who use Intuit’s GoPayment mobile acceptance app and reader can now link their GoPayment account to a Visa prepaid card, conveniently separating the funds collected through GoPayment from other finances.”

    IntuitVisaCrd.jpg

    Users can make purchases with the card online and in-store, and they can use it to withdraw cash at an ATM.

    To learn more about the two companies, watch Visa’s FinovateSpring 2010 demo and Intuit’s Finovate 2009 demo.