FinDEVr APIntelligence

Our first developers conference in the U.K. was a huge success! Stay tuned on the blog to see what you missed at FinDEVr 2017 London this week. We’ll post photos, videos, and Twitter updates.

On FinDEVr.com

  • FinDEVr London: Tech Talk at the Tobacco Dock
  • FinDEVr London 2017: Welcome to Day One.
  • FinDEVr London 2017: Welcome to Day Two.

Alumni updates

  • Surety Bank taps NYMBUS SmartCore for a Digital-First approach.
  • Fiserv to Acquire Monitise for $89 Million.
  • DefenseStorm hires Steve Soukup as Chief Revenue Officer.
  • PayNearMe facilitates $1.6M in child support payments for the state of Michigan.
  • Fiserv leverages robo-advisory and automation technology from fellow Finovate alum Trizic to enhance its wealth management solutions.
  • Stratumn Lands $7.8 Million, Forms Strategic Partnership with NASDAQ.
  • Mastercard launches comprehensive digital payment solution for small and midsized businesses.

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

FinDEVr London 2017: Welcome to Day Two

This is FinDEVr’s first show in London, and we are loving it! After yesterday’s fun and thought-provoking day full of fintech developer presentations proved to be one for the record books, today we’re ready for the second round.

The schedule will be quite similar to yesterday. Today, however, we are hosting a panel discussion which will take place on the main stage between the final presentation and the open bar and happy hour.

Presentation Session: 9:30 to 10:55

  • 09:35 TestDevLab
    Mobile Automation Security Scanner Tools
  • 09:55 Streamdata.io
    Coding real-time trading/investments on your mobile device in less than 15 mn with any API? Yes, we can.
  • 10:15 Harborx
    When Trading Meets Gaming
  • 10:35 eSignLive by VASCO
    E-Signatures for Mobile Account Openings & Customer Behaviour Insights

<<Coffee Break: 10:55 to 11:30>>

Presentation Session: 11:30 to 12:30

  • 11:30 aixigo
    Digital Wealth Management with APIs
  • 11:50 Simility
    Fraud Mutates – Detect, Understand and Block It
  • 12:10 Aerospike
    Rapid Application Design in Financial Services

<<Lunch Roundtable Discussions: 12:30 to 13:30>>

  • 12:30 ISARA’s CEO, Scott Totzke leading discussion: We’re all in it together: Making global fintech crypto-agile
  • 12:30 LeanXcale’s CEO & Co-Founder, Ricardo Jimenez-Peris leading discussion: Let’s get technical: Data management for fintech
  • 12:30 Aerospike’s CTO & Founder, Brian Bulkowski leading discussion: The great beyond: Innovation in your enterprise

Presentation Session: 13:30 to 14:50

  • 13:30 CASHOFF
    Collecting and Analyzing Financial Data
  • 13:50 eWise
    Managing Transition to Open Banking and PSD2 Account Aggregation
  • 14:10 Avaloq
    Avaloq Open Platform
  • 14:30 IdentityMind Global
    Entity Link API

<<Coffee Break: 14:50 to 15:20>>

Fintech Panel: 15:20 to 16:00

Hosted by David Penn, Analyst at Finovate

<<Networking with open bar & appetizers: 16:00 to 17:00>>

Here are a few reminders before heading out to today’s event:

  • Please remember to bring your name badge with you
  • Don’t forget to download the FinDEVr London event app. You can use the app to schedule meetings, vote for your favorite presentations daily, access the attendee list and more. To download the app, search FinDEVr in the Apple App Store or Google Play Store. Join by logging in with the email address you used to register for the event. If you’re not able to join, please email london@findevr.com.
  • Free coat and luggage check is available today between the west and east Pennington Street entrances

FinDEVr London: Around the Corner and Across the Globe

We’re nearing the end of the work week and shifting our focus to FinDEVr London, which starts on Monday, 12 June. This is the first FinDEVr outside of the U.S. and marks our most international FinDEVr event to date. The presenter map (above) highlights the geographic diversity of this year’s presenting companies.

Don’t forget to register before the event– tickets are still available, but act soon! Here are a few, quick reminders to help you get ready:

Where
Next week’s show will be held at Tobacco Dock in London (Tobacco Quay, Wapping Ln, St Katharine’s & Wapping, London E1W 2SF)

When
The first presentation takes place at 9:30 AM on 12 June and registration opens at 8:30 AM so feel free to come early, take advantage of the free breakfast, and save your seat. Check out the full agenda on our website.

Who
The agenda is loaded with fintech companies working on relevant issues for the global finance industry. View the presenter list on our website, check out previews of the companies’ presentations, and read interviews from company representatives on our blog.

Attendees traveling to FinDEVr London will be coming in from all over the world. Check out the presenter map to see the locales:


FinDEVr London 2017 is sponsored by TestDevLab.

FinDEVr London 2017 is partnered with Aite Group, Banking TechnologyBayPay Forum, BiometricUpdate.com, Brave New CoinBreaking Banks, Byte Academy, The Canadian Trade Commissioner ServiceCelent, Cointelegraph, Colloquy, Cooper Press, DistributedEconomic Journal, Empire Startups, Femtech Leaders, Finmaps, Fintech Finance, Global DataHarrington Starr, Holland FintechLevel39, London Tech Week, Mapa ResearchMercator Advisory Group, The Paypers, Plug and Play, SecuritySolutionsWatch.com, SME Finance Forum, StartupbootcampSwiss Finance + Technology Association, and Women Who Code.

FinDEVr Preview: Rangle

FinDEVr Previews highlight companies presenting new developer tools, platforms, and integrations at FinDEVr London 2017.  Get ready – FinDEVr’s London conference is just a few days away! Register today before the show starts June 12  & 13. 

Rangle’s presentation, “How JavaScript is Radically Changing The Way Financial Institutions Create Enhanced Customer Experiences Fostering Creativity,” is focused both on new technologies and new ways of utilizing them to maximize development efficiency and foster innovation for large financial institutions.

Why it’s a must-see

Established institutions are struggling to meet the rapid changes in technology and consumer expectations. Rangle, North America’s leading digital transformation consultancy, uses modern front-end technologies like AngularJS and ReactJS to overcome today’s challenges.


Check out more previews of upcoming FinDEVr London 2017 presentations. Visit our registration page to save your spot. 

FinDEVr Preview: HackerOne

FinDEVr Previews highlight companies presenting new developer tools, platforms, and integrations at FinDEVr London 2017.  Get ready – FinDEVr’s London conference is just a few days away! Register today before the show starts June 12  & 13. 

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.

HackerOne_homepage_March2017

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 London 2017 presentations. Visit our registration page to save your spot. 

Fidor Solutions Brings on Former ABN Amro Exec as CIO

Fidor Solutions (formerly Fidor Bank) has a new secret weapon for its expansion strategy. The Germany-based company bolstered its team this week with the appointment of Geert Ensing (pictured) as interim Cheif Information Officer.

Ensing has a background in retail and commercial banking IT, having led complex IT infrastructures and managed IT outsourcing. He most recently served as Executive Vice President of IT at ABN AMRO. Ensing previously worked as an executive advisor for financial institutions and has advised IT service providers on digitalization, IT-legacy strategy, IT-transformation, and governance of IT-sourcing. His geographical range of service is just as diverse; he has worked with FIs in The Netherlands, Belgium, Germany, the Middle East, Finland, Denmark, Italy, and in the U.K.

Fidor Chief Commercial Officer Gé Drossaert described Ensing’s expertise as “essential” for the company’s international expansion strategy. In a press release, Drossaert said, “Geert’s role will not only focus on Fidor Bank’s run the bank infrastructure, but also optimizing the environment for B2B Services, such as Fidor Payments Avenue and Fidor Bank As A Service.”

Fidor, which is derived from the Latin word for trust, launched as a bank in 2009. In July of 2016, the bank was acquired by Groupe BPCE of France and now operates as Fidor Solutions, bringing banking expertise and consulting services to banks and non-banks alike. Just prior to last year’s acquisition, Fidor presented at FinDEVr New York on How to Start Your Digital Bank – Mobile Apps and APIs Included.

For more fintech developer content with a European flavor, check out FinDEVr London next week. The developer-specific conference will be held at the Tobacco Dock in London on 13 & 12 June. Tickets are still available through this week so register online today.

FinDEVr APIntelligence

Our first developers conference in the U.K. is just days away! Join us for two days of developer-focused presentations, demonstrations, and conversations at FinDEVr 2017 London, June 12 and 13. Stop by our registration page today and save your spot.

On FinDEVr.com

  • Fidor Solutions Brings on Former ABN Amro Exec as CIO
  • Expensify Exceeds 35,000 Customers
  • 3 Steps to Take During the Countdown to GDPR and PSD2

Alumni updates

  • DefenseStorm experiences 100% customer renewal rate for second consecutive year.
  • The largest bank in the Philippines, BDO Unibank, reups with Fiserv.
  • NuData wins CNP 2017 Customer Choice Award for Best Identity Verification/Authentication Solution
  • Symbiont partners with PrivateMarket.io to build alternative investment marketplace for closed-end funds.
  • AutoGravity Brings its Auto Loan Financing Solution to the Garden State.
  • Clients of Nodus Technologies gain access to PCI-validated P2PE technology courtesy of new partnership with Bluefin Payment Systems.

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

Expensify Exceeds 35,000 Customers

Travel and expense management company Expensify announced today it has surpassed 35,000 global customers this month. Contributing to this milestone, the San Francisco-based company has added about 15,000 new customers in the U.S. this year alone.

This accomplishment places Expensify as the second most widely used expense management company, positioned just behind fellow Finovate alum, Concur, which demoed at FinovateSpring 2012. And while Expensify has more customers than Concur, Concur’s average customer size is larger than Expensify’s — giving Concur more active users than Expensify.

In the blog post announcement, Expensify also reported it has updated its mobile app. The consumer-facing app has moved the Expenses, Reports, and Trips lists behind the hamburger menu. The company notes that this is significant because it exemplifies Concierge’s AI automation capabilities. The Concierge bot, which we featured after its launch in 2016, automates expense management tasks such as credit card matching, reimbursable/non-reimbursable splits, and expense policy analysis. Writing about the app update in the Expensify blog, the company’s CEO David Barrett said, “if everything is configured correctly, you should almost never need to look at them yourself, because Concierge is looking at them for you.”

Expensify launched in 2008 with its flagship receipt-scanning app and a simple motto, “Expense reports that don’t suck!” In the almost-10 years since then, the company has shipped multiple updates, expansions, and new products that “don’t suck.” Most recently, at FinDEVr Silicon Valley 2016, Expensify presented Bedrock, an open sourced relational database management system. Last month, the company announced it partnered with Finovate alum Xero to provide an in-house expense management system for the New Zealand-based company. Expensify last demoed at FinovateSpring 2013, where the company showed off its integrated invoicing technology.

Looking for more developer tools? Check out FinDEVr London taking place 12 & 13 June. Register today to save your seat.

3 Steps to Take During the Countdown to GDPR and PSD2

The run up to the General Data Protection Regulation (GDPR) and the second Payment Services Directive (PSD2) in Europe has created a few opportunities and multiple challenges for banks and fintechs alike. As banks scramble to understand the changes and adapt their policies, a handful of fintech companies has seized the opportunity, launching solutions to help banks comply with the new regulations. No matter if you’re a bank or a fintech, early preparation is key to success. Here are a few steps to take before the regulations hit:

Prepare your team

Communication is key to any large endeavor, and this is no exception. Take the time to brief members of your team; not only the ones whose jobs will be directly impacted by GDPR and PSD2 changes, but also those who have a less direct connection. Building a fundamental understanding of data security and an open API mindset into your company or bank’s culture can effect the passion and drive behind the adoption of new tools and innovations to comply with the new regulations.

Revamp consent disclosures

Under GDPR, companies can no longer have complicated, illegible terms and conditions. End users must be able to access these documents without difficulty and they must be presented in an easy-to-understand format. Because legal ramifications hinge on these documents, it is key to include all necessary elements to protect your company, bank, and employees.

Implement early

The earlier you implement changes, the more time you will have to adjust and adapt your policies (and re-adjust and re-adapt). You’ll be better off, as well. If you’re a fintech, get ahead of your competitors by offering a product that facilitates GDPR and PSD2 compliance. If you’re a bank, start shopping now for third-party solutions that span the scope of your needs and fit your existing model.

At FinDEVr London next month, NuCypher CEO MacLane Wilkison, along with the company’s CTO, Michael Egorov, will be leading a roundtable discussion titled Regulatory compliance and data protection in the era of GDPR and PSD2Check out the FinDEVr London website for the full agenda and information on how you can become involved in the discussion. Register today and save your spot.

FinDEVr APIntelligence

Our first developers conference in the U.K. is next month. Join us for two days of developer-focused presentations, demonstrations, and conversations at FinDEVr 2017 London, June 12 and 13. Stop by our registration page today and save your spot.

On FinDEVr.com

  • Trulioo and the Regtech Revolution: How Smaller Teams Tackle the Compliance Challenge.
  • Inside BBVA’s Open API Marketplace

Alumni updates

  • NuCypher earns finalist spot in BBVA Open Talent 2017. Join NuCypher at FinDEVr London, Jun 12 & 13.
  • Expensify exceeds 35,000 global customers, adding Xero, HappyFresh, GoCardless, and Adroll as clients.
  • Cisco and IBM team up on security.
  • Glenmede taps IHS Markit for data management.
  • Bank of Sydney replaces its digital banking platform with DigitalAccess from Fiserv.
  • eWise integrates its Aegis data aggregation platform into Backbase’s Open Banking Marketplace.
  • Xero Partners with Expensify for In-House Expense Management.
  • PYMNTS.com features The CardLinx Association’s success.
  • Xero expands online-invoice payment options in Xero for Australia.
  • Worldpay tests payments in virtual reality

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