Finicity Inks Data Aggregation Partnership Deal with Wells Fargo

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With Intuit Financial Data Services leaving the data aggregation scene last spring, we knew it would be only a matter of time before former rivals rose to take advantage of the new opportunity. Today we learn that one of those companies, Finicity, has inked a major data aggregation deal with Wells Fargo that will enable its customers’ data to be shared by financial apps and services from Finicity.

The partnership is the first of its type between Wells Fargo and a data aggregation provider and is believed to be a boon for fintech app developers who will be able to access Wells Fargo “customer-permissioned data” via Finicity’s APIs. Finicity CEO Steve Smith said the agreement is part of his company’s plan to “continually implement strategies that ensure the highest levels of data quality, speed, and uptime in our industry.”


Pictured (left to right): Finicity’s Jessie Morris (Director, Software Development) and Nick Thomas (EVP, Co-Founder) demonstrating Finicity Data Services at FinovateSpring 2015.

In addition to speed, quality, and uptime, enhanced security is another benefit of the agreement. By using direct authorization via Wells Fargo and tokenized access for any additional authentication, the user does not have to provide verification credentials through third-party apps. In the words of Head of Digital for Wells Fargo Virtual Channels, Brett Pitts, “(this) creates a much better experience for our customers … (allowing them) to choose where and how to use their financial data, while also maintaining the privacy of their user credentials.” Finicity says that the technology is expected to be in place over the summer.

American Banker’s Penny Crosman referred to the deal as part of a “data detente” in which banks and fintech companies are increasingly seeing each other more as potential partners than rivals to be disrupted. She noted that the current deal between Wells Fargo and Finicity “is the latest, but is likely not the last” for either firm. Finicity will access Wells Fargo’s data exchange API via the company’s Gateway Channel developer portal unveiled last year.

Founded in 1999 and headquartered in Salt Lake City, Utah, Finicity demonstrated its Data Services at FinovateSpring 2015. The company is also fresh off its latest FinDEVr appearance where EVP and co-founder Nick Thomas and Software Development Director Jessie Morris presented “The Frictionless Aggregation Experience” highlighting the new Finicity Connect drop-in UI widget. In December, Finicity scored a $42 million Series B led by Experian.

WiseBanyan Unveils New Tax Protection Toos

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Free financial advisory platform WiseBanyan released its first premium package this week, Tax Protection. The new services – WiseHarvesting, Selective Trading, and IRA Conversions – enable investors and savers to manage the way their investments impact their taxes. The WiseHarvesting feature helps balance out investment gains with harvested investment losses. Selective Trading keeps investors from owning the same ETFs in multiple accounts. And IRA Conversions enable investors to switch from traditional to Roth IRAs.

The Tax Protection also comes at a low cost. Investors can take advantage of any one of the services for 0.02% of their average account value, with a maximum charge of $20 a month. WiseHarvesting, the company’s first premium service, is already available to WiseBanyan clients. Those currently using WiseHarvesting will be use to add the new services without additional cost.


Pictured (left to right): Wise Banyan Co-CEO and Co-Founder Herbert Moore and Chief Science Officer Jennifer Chin during their presentation, “Data as an Advantage: Building a Data Warehouse with Open Source Tools” at FinDEVr Silicon Valley 2016.

In a blog post announcing the new service, WiseBanyan Manager of Content Strategy Aliza Kellerman added that the company has “a ton of other packages in the works, all designed to provide additional value to your WiseBanyan experience,” and credited feedback from its “fantastic, passionate, vocal clients” for inspiring new features like Tax Protection.

Pledging to help investors make their first $100,000, WiseBanyan is a free platform that provides automated, goal-based investing and financial planning. With a $1 minimum, investors can provide their investment time horizon, risk aversion, and amount saved, and WiseBanyan builds a portfolio designed to maximize real investment returns on an after-tax basis.  Customer funds are invested in liquid, equity and bond exchange-traded funds (ETFs), and WiseBanyan monitors the portfolios continuously, reinvesting dividends and tracking progress toward the pre-set goal.

Founded in 2013, WiseBanyan discussed its technology at FinDEVr Silicon Valley 2016 last fall, winning “Best Debut Company.” The company’s presentation, “Data as an Advantage: Building a Data Warehouse with Open Source Tools,” was led by co-CEO and co-founder Herbert Moore and Chief Science Officer Jennifer Chin. In March, WiseBanyan won the Startup Pitch competition at SXSW and was also named “judge’s favorite” – earning a $1,000 prize from LaunchKC. The company was featured in Business Insider’s 2017 roster of the 15 Best Roboadvisors and also earned a spot on Nerdwallet’s Best Robo-Advisors: 2017 Top Picks list.

FinDEVr APIntelligence

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FDLD17_EventLogoV3_wdate(large)With the presentation videos from FinDEVr 2017 New York now available, be sure to check out all of the great presentations and discussions from the event in our FinDEVr video archives.

And if you’ll be in the U.K. this June (0r want to be), stop by our FinDEVr 2017 London page to learn more about the companies that will be joining us as we take our developer’s conference across the pond for the first time.

Tickets are available now so register today to save your spot.


  • WiseBanyan Unveils New Tax Protection Tools.
  • Wells Fargo and Finicity Sign Data Aggregation Partnership

Alumni Updates

  • FICO announces partnership with economic empowerment non-profit, Operation HOPE.
  • Forrester names Kofax a leader in ECM transactional content services.
  • OutSystems launches global partner program, connecting integrators, resellers, and consultants to its low-code development platform.
  • Payment solutions provider Buckaroo chooses AML solution from Fiserv.
  • Visa Checkout achieves 20 million enrolled accounts milestone.
  • Kofax launches cloud-based document capture and invoicing solution, ReadSoft Online R9.
  • OutSystems picks up SOC 2 Type 1 attestation report affirming quality of company’s internal controls and processes.
  • FICO unveils FICO Origination Manager Essentials to accelerate loan decisioning.
  • Datanami interviews MapD CEO and co-founder Todd Mostar.
  • Finland-based OP Financial Group partners with Token to develop new fintech solutions.

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

Twitter Talk from FinDEVr 2017 New York

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FinDEVr New YorkTwitterLogo_blue_new may be done. But with FinDEVr London only a few months away, we’re already looking forward to seeing what the international developer community is doing to drive innovation in financial technology.

This year in New York, our two-day developers conference took user experience to new levels – and we’re not just talking about the state-of-the-art virtual reality sessions available for sampling at our FinDEVr Gaming Zone, either. Our partnership with Slido enabled us to bring the wisdom and curiousity of the crowd to life with a digital, Q&A display that kept everyone in the conversation. And, of course, Twitter continues to be one of our favorite ways to hear from our attending audience on what’s hot, what’s cool, and sometimes simply what’s what.


To celebrate our appreciation for our Tweeting developer community at FinDEVr, we offered a pair of awards: Most Active Tweeter and Best Use of #FinDEVr. Our top tweeters were awarded one of a number of prizes such as a miniature drone or a Chromecast – as well as the admiration of their fellow FinDEVr fans on social media.

Now let’s relive a little of that social media magic from FinDEVr 2017 New York.



















We hope you had as much fun at FinDEVr New York as we did. And if our New York event only whetted your appetite for the tech side of fintech, remember that the debut of our developers conference in London is right around the corner in June. Visit our FinDEVr London page to get an early look at the growing line-up of presenting companies.

The Favorites of FinDEVr 2017 New York

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FinDEVr  2017 New York is in the books. Our second developers conference in New York was a great opportunity to take a look at some of the technologies that continue to drive fintech innovation forward. As always, we asked our attendees to tell us which companies and technologies were best positioned to make the greatest impact on the financial services industry in terms of providing greater security, increased efficiency, and a better user experience for consumers. Here is what our attendees had to say:

Favorite FinDEVr Debut

  • HackerOne for its bug bounty and vulnerability platform that leverages the talent of trusted hackers to improve the online security of organizations and institutions ranging from Twitter and Uber to Qualcomm  and the U.S. Department of Defense.

Favorite FinDEVr Alum

  • Quovo and SoFi for their partnership that shows how an easy-to-use authentication API provides security to accounts at more than 200+ FIs while improving and streamlining the user experience.

Day One Attendee Favorite

  • MapD for its database and visualization layer that transforms Big Data into immersive, instantaneous, and actionable analytics.

Day Two Attendee Favorite

  • Prevoty for its insight into the way embedded, runtime security enables cybersecurity professionals to provide an additional layer of defense against vulnerabilities and fraudulent behavior.

Favorite Established Company

  • BlueMetal for its virtual agents, natural language processing, and conversational UX that transforms the nature of customer engagement in financial services.

Favorite Startup Company

  • Modelshop for its analytic decision platform that enhances the loan origination, portfolio optimization, and fraud prevention processes for both FIs and consumers.

Media Favorite

  • Vantiv for its cloud-based payment app that removes the complexity from financial transactions for both developers and merchants.

Our thanks to our presenting companies, sponsors, partners, and all of you who attended our second developers conference in New York. The excitement and enthusiasm for our events only makes us that much more excited for our upcoming FinDEVr debut in London, England in June. If you’re in the U.K. and looking for more insight into the technological side of the fintech ecosystem, then FinDEVr London is the place to be June 12th and 13th. Visit our FinDEVr London 2017 page for more information.

FinDEVr New York 2017: Welcome to Day Two

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Day One of FinDEVr New York 2017 is in the books – and what a great start to our second developers conference! From APIs, bug bounties, and card-linking to payments, risk management, and smart contracts, the first day of FinDEVr New York was a testament to the technology that continues to drive fintech innovation forward.

And that makes us all the more excited for what we’ll see on Wednesday. Day Two will feature more than a dozen presentations from a diverse array of fintech companies. But we’ll also announce the winners of our FinDEVr Favorite Awards, including Crowd and Media Favorites, Favorite Debut, Startup, Established Company, and Alum. So be sure to join us Wednesday morning at the Metropolitan Pavilion to check out the presentations, meet the presenters, and make your preferences known.

Here’s the agenda for Wednesday.

Session 1: 9:30am – 10:35am

Networking and Coffee Break: 10:35am – 11:00am

Session 2: 11:00am – 12:20pm

Buffet Lunch: 12:20pm – 1:20pm

Session 3: 1:20pm – 2:40pm

Networking and Coffee Break: 2:40pm – 3:05pm

Session 4:  3:05pm – 4:45pm

Networking and Open Bar with Appetizers: 4:45pm – 6:00pm

We hope you had as much fun at Day One of FinDEVr New York as we did. So grab your badge and a handful of business cards and we’ll see you bright and early Wednesday morning for Day Two.

Celebrate the Start of Spring with the Return of FinDEVr New York

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FinDEVr New York 2017 begins tomorrow, Tuesday, March 21st. And after the successful launch of FinDEVr New York last year, we can’t wait to see what this year’s collection of developers, engineers, and technologists have in store for us.

FinDEVr is a bicoastal affair, with shows in Silicon Valley in the fall and New York in the spring. And this year, much the same can be said of our presenters. As our FinDEVr New York 2017 presenter map below reveals, the majority of this year’s presenters hail from either California on the west coast or from any one of a number of locations from as far north as New York City to as far south as Florida on the east coast.

FDNY Presenter Map-01

And this takes nothing away from the legions of talented fintech developers innovating in places as diverse as Utah and Wisconsin, Missouri and Ohio, Washington state and Georgia. From companies and startups large and small, we’re looking forward to two days of unique insights into the way some of our most talented developers, engineers, and CTOs put the “tech” in fintech.

So to help you make the most of FinDEVr NewYork, here are a few notes and things to keep in mind

  • Who and What? You – and maybe a colleague or two – joining dozens of companies for two days of high-level, code-friendly, demonstrations and presentations on the key technologies driving fintech innovation today. If you haven’t picked up your ticket, visit our registration page and save your spot. But before you buy, be sure to use the promo code “FinDEVrBlog” and save 10% off the ticket price.
  • When and Where? This year, FinDEVr New York 2017 will be held at the Metropolitan Pavilion on West 18th Street.
  • How and Why? To learn a little bit more about the companies that will be presenting on stage Tuesday and Wednesday as well as the technologies they specialize in, check out our FinDEVr New York 2017 Preview series.

We’re excited for FinDEVr New York 2017 and hope to see you there. If you’ve got any questions about the event, please check the FAQ section of the FinDEVr New York website or contact us at

FinDEVr New York 2017 is sponsored by Google Cloud and Box.

FinDEVr New York 2017 is partnered with American Banker, BayPay Forum,, Breaking Banks, Byte Academy, Canadian Trade Commissioner Service,Celent, CIOReview, Cointelegraph, Colloquy, CooperPress, Distributed, Economic Journal,Empire Startups, Femtech Leaders, Finmaps, Fintech Finance, Harrington Starr, Level39,Mercator Advisory Group, The Paypers, Plug and Play Tech Center,, Swiss Finance + Technology Association, and Women Who Code.

FinDEVr Preview: HackerOne

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fdny17FinDEVr Previews highlight companies presenting new developer tools, platforms, and integrations at FinDEVr New York 2017, March 21 & 22. Tickets are on sale now. Visit our registration page and save your spot today.

Bug bounty programs are popping up all over the place, as more and more companies embrace collaborating with friendly hackers to find vulnerabilities before cyber criminals have a chance to exploit the same bugs for nefarious purposes. The presentation from HackerOne will show how external hackers can help assess and quantify your security posture.


Why it’s a must-see:

Today, most fintech companies are running these bug bounty programs in private. Whether you run an active program, or if your security email address is routed to /dev/null, this session will help attendees shed blind dogma and walk away armed with an analytical approach towards building an effective vulnerability disclosure program.

Check out more previews of upcoming FinDEVr New York 2017 presentations and don’t forget to register before it’s too late.

FinDEVr Preview: Modelshop

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fdny17FinDEVr Previews highlight companies presenting new developer tools, platforms, and integrations at FinDEVr New York 2017, March 21 & 22. Tickets are on sale now. Visit our registration page and save your spot today.

Modelshop is an analytics automation platform for financial services. The company allows analysts to rapidly create custom analytics decision engines to drive lending, portfolio risk management, fraud mitigation, or any custom decision need. At FinDEVr, Modelshop will demonstrate creating a credit risk decision engine from scratch using marketplace data.


Why it’s a must-see:

Modelshop transforms how IT and business can collaborate to deploy new intelligent decision services. The company’s powerful ontology modeling engine, variable language (Groovy), and seamless integration with R and Python are backed by a user experience and REST APIs that are instantly available to enterprise applications, consumer apps, and spreadsheets.

Check out more previews of upcoming FinDEVr New York 2017 presentations and don’t forget to register before it’s too late.

FinDEVr Preview: CardLinx

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fdny17FinDEVr Previews highlight companies presenting new developer tools, platforms, and integrations at FinDEVr New York 2017, March 21 & 22. Tickets are on sale now. Visit our registration page and save your spot today.

CardLinx will present a new open source card-linking software suite developed by Microsoft, a CardLinx founding member. The software demonstrates API access to leading payment networks and is provided for companies to further develop and customize, bringing card-linking and loyalty programs to the market faster and more easily.


Why it’s a must-see:

Card-linking is growing much faster than e-commerce. Fintech developers need to know to integrate card-linking into their platforms to create effective, integrated personalized marketing campaigns that also generate revenue from online-to-online commerce.

Check out more previews of upcoming FinDEVr New York 2017 presentations and don’t forget to register before it’s too late.