FinDEVr APIntelligence

Our first developers conference in the U.K. is just over a month 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.


  • Trulioo Bolsters Regtech Solution with Mitek Partnership

Alumni updates

  • Trulioo Bolsters Regtech Solution with Mitek Partnership
  • Greenkey Technologies announces interconnection partnership with iMarket.
  • FinDEVr alum OutSystems expands to Asia with new office in Japan.
  • Ohio-based First National Bank of Pandora chooses core account processing platform from Fiserv.
  • Xero announces new partnership with Capital One to give SMEs more control over their data.

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

Top 3 Things to Know about Fintech Climate Change

The new regulatory environment in the U.S. and around the world has the potential to introduce a major climate change for the fintech industry. Here’s a quick look at what you need to know about how the rising tides of regulation can impact your bank, your business, and your bottom line.

Regulation is always changing

With the new administration in the U.S., we’ve already seen revisions in some sectors, and there is a strong possibility of disruption in others. For example, the Durbin Amendment that was passed in 2010 may soon be repealed. No matter which side you’re on, you need to prepare your bank or business for the reality of a possible repeal. And it’s not only new leaders that have the power to change regulation– in the U.K., the advent of APIs will soon mandate open banking through pending PSD2 regulations. What’s next? Perhaps we’ll see biometric authentication requirements or a mandated, standardized approach to cryptocurrencies. All you can know for sure is that things won’t stay the same.

Serve local, think global

Fintech isn’t immune from the global economy– in fact, the opposite is true. Fintech is actually driving the global economy. Because of this, even if your financial services company doesn’t operate on a global scale, international regulations will still alter your business. That’s because regulations not only play into the “animal spirits” that dictate consumer behavior but more importantly, they adjust incentives, which can fundamentally change a company’s business model.

Adapt and win

You don’t need to be a first-mover when it comes to regulation, but if you fail to adopt policies or adapt to changes, it’s possible you may face fees, penalties, or worse– loss of consumer and/or client trust. Taking the time to study pending regulations and learn about ways to overcome a challenge they may pose or take advantage of an opportunity they present can pay off in the end.

With rampant regulatory hurdles and minefields, it’s never been easy to operate a financial services company, and 2017 is no exception. TrustedKey CEO, Prakash Sundaresan, will have more on this topic during a roundtable discussion at FinDEVr London next month. Sundaresan will lead an exploration of Fintech climate change: Top challenges & regulatory impacts facing the financial services environment.

To learn more about how to participate in the roundtable discussion or the presentations, check out Register before May 27 to get a discounted ticket.

Trulioo Bolsters Regtech Solution with Mitek Partnership

Trulioo’s GlobalGateway just added a layer of biometric authentication to its identity verification tool. Through a partnership with Mitek, the company will compare a photo of the user’s ID document with their selfie to ensure they are who they say they are.

GlobalGateway offers a single API to help financial services companies comply with AML and KYC regulations. The regtech platform evaluates new and existing users; its 200 data sources help identify more than four billion people in 50 countries. The new partnership with Mitek will enable Trulioo to collect, analyze, and authenticate 3,500 different types of identity documents matched against a real-time photo of the user.

“Identity document verification with facial comparison enables an additional factor of authentication for high-value transactions,” said Stephen Ufford, CEO of Trulioo. “This new partnership with Mitek ensures our clients continue to have instant access to powerful tools for their fraud prevention and compliance systems.”

At FinovateFall 2016, Trulioo’s Head of Growth, Anatoly Kvitnitsky, demonstrated how GlobalGateway blocks fraudulent users from onboarding in real time. Earlier this month, the company added new Canadian data sources to reflect Canada’s new AML rules for remote ID verification. Trulioo will offer a presentation geared toward developers at FinDEVr London next month on June 12 and 13 during London Tech Week. Register today to secure your spot at the event.

Mitek recently demoed at FinovateEurope 2017, where the company’s  General Manager of Identity Solutions, Sarah Clark, and CMO, Kalle Marsal, showcased the company’s Mobile Verify solution that helps onboard customers without requiring them to visit a branch.

FinDEVr APIntelligence

FDLD17_EventLogoV1_wdate(large) (1)We saw some great stuff at FinDEVr New York earlier this year. If you missed out, check out FinDEVr London on June 12 & 13 during London Tech Week. Register today and save big time.


  • FinDEVr Veteran OutsideIQ Acquired by Exiger

Alumni updates

  • Plaid and Dwolla partner to provide fully-tokenized ACH payment integration.
  • Xero features its partnership with Equifax.
  • London Metal Exchange locates LMEselect Platform at Interxion’s Data Center
  • Envestnet unveils expanded data analytics portfolio for wealth management.
  • FinDEVr Alum Quovo Raises $10 Million
  • Prival Bank of Panama to deploy Temenos’ core banking solution, T24.
  • Trulioo adds new Canadian data sources to its GlobalGateway verification technology.
  • Jay Shah promoted to CEO of Personal Capital
  • Xero awarded the Best Overall Fintech Platform by the Fintech Breakthrough Awards.

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

FinDEVr APIntelligence

FDLD17_EventLogoV1_wdate(large) (1)We saw some great stuff at FinDEVr New York last month; stay tuned for videos of the live presentations! If you missed out, check out FinDEVr London on June 12 & 13 during London Tech Week. Register today and save big time.


  • Xero sees $26.4 Million investment

Alumni updates

  • Money management app, TD MySpend from TD Bank, closes in on one million users.
  • ACI Worldwide broadens its relationship with Ant Financial Services mobile payment provider, Alipay.
  • PayPal teams with Android to launch a new way to pay.
  • i-exceed earns Gartner Magic Quadrant recognition as notable vendor in Asia Pacific for mobile app development platforms.
  • Former Kabbage CTO Amala Duggirala joins Regions Bank as its new CIO.
  • 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.

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

Xero Sees $26.4 Million Investment

Screen Shot 2017-04-19 at 9.58.00 AM

Cloud accounting firm Xero recently picked up $26.4 million in new funding. The New Zealand based-company received the investment from U.S.-based Technology Crossover Ventures (TCV).

TCV now holds a 1.3% stake in Xero, having purchased shares of the company from Matrix Partners. The deal takes Matrix Partners’ stake in Xero down from 9.8% to 8.5%. Xero CFO Sankar Narayan told Accounting Today, “It is routine that some early-stage investors will rebalance their portfolios and we’re thrilled to receive strong support from new investors who are ready to join Xero for its next phase of growth.”

Xero was founded in 2006 and went public in New Zealand in 2007. In 2012, the company made its public debut in neighboring Australia and announced plans for a U.S. IPO in the near future. Last week, the company was named a 2017 Top Rated Accounting & Budgeting Software on TrustRadius and earlier this year it received accolades from Inc., which listed Xero among eight business apps that are going to “crush it” in 2017.

At FinDEVr San Francisco 2014, Xero’s Head of U.S. Partnerships, David Pollock, gave a presentation titled Building an API-Driven Ecosystem for Small Business to an audience of developers. The company’s CEO Rod Drury last presented at FinovateSpring 2011.

FinDEVr APIntelligence

FDLD17_EventLogoV1_wdate(large) (1)We saw some great stuff at FinDEVr New York last month; stay tuned for videos of the live presentations! If you missed out, check out FinDEVr London on June 12 & 13 during London Tech Week. Register today and save big time.


  • InComm Partners with WeChat Pay Parent Tencent.

Alumni updates

  • Kabbage extends $3 billion in funding to more than 100,000 small business customers.
  • PayPal extends partnership with Visa into Asia-Pacific region.
  • HyperPay to leverage ACI Worldwide’s Mobile Commerce SDK to offer merchants a mobile checkout solution.
  • FICO launches cloud-based origination solution to help mid-market lenders automate small business lending decisions.
  • Twilio launches programmable fax service.
  • Citi takes API developer hub to Hong Kong.
  • Mastercard Adds to Authentication Arsenal with Acquisition of NuData Security.
  • Xero named a “2017 Top Rated Accounting & Budgeting Software” on TrustRadius.
  • Iroquois Federal Savings & Loan Association to deploy core processing system from Fiserv.
  • Braspag announces integration of e-commerce and anti-fraud technology from ACI Worldwide.

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

InComm Partners with WeChat Pay Parent Tencent

Screen Shot 2017-04-04 at 2.36.24 PM

Prepaid products company InComm is helping to break down geographical barriers. The company’s Japanese arm landed a major partnership today with China-based Tencent Financial Technology, the parent company of WeChat Pay services.

Through the new partnership, WeChat Pay’s 849 million monthly active users will benefit from InComm’s POSA technology that allows Chinese visitors in Japan to use their smartphones to pay for products and services. This will grow the 500 million transactions that WeChat Pay’s customers make on a daily basis.

InComm’s POSA technology leverages WeChat Pay-issued barcodes to enable users to make payments at the point of sale at more than 50,000 retail locations in Japan. In the press release, Junichi Kito, Director of Business Development at InComm Japan said, “In looking forward to the Tokyo Olympics in 2020, it is critical for Japanese retailers to prepare for global payment methods, which are convenient for travelers, and it is our mission to support that. We believe this will bring a great additional value for retailers and prepaid issuers in the global market.”

InComm, which was recently named by 7-Eleven as Vendor of the Year, launched Vanilla Direct in late 2016. The new brand is the consolidation of Cashtie and Vanilla Reload products and helps consumers use GPR cards to make everyday payments and pay bills online. Atlanta-based InComm debuted CorFire Mobile Commerce at FinovateFall 2011. More recently, the company’s SVP Thomas Cornelius showed off the Cashtie API at FinDEVr Silicon Valley 2014.

FinDEVr New York 2017 in Photos

If you weren’t at FinDEVr New York last week, you missed out! We had dozens of top-notch companies on stage giving thought-provoking presentations, launching new products, and showing off with captivating live demos. What’s more, the FinDEVr format fostered high impact networking sessions complete with an open bar, yard games, and VR gaming. Here are a few highlights:

32944413403_707f5251c6_kKunal Anand, CTO & Co-Founder of Prevoty, presenting on using runtime visibility to align application security with DevOps

33601058782_a3434e4adb_kFinicity’s Nick Thomas and Jessie Morris engage in a heated ping pong duel

33601018282_0e0b3db6a8_kKen Maier takes home the award for the most engaging Twitter user

You can check out more photos of the event on FinDEVr’s Flickr page.

And, if you’re curious to see analyst opinions of what hit the FinDEVr stage last week, check out our press coverage:

Fintech Radar
Bankba megy a Watson (in Hungarian)

Seneca Globe
Experts Views on Investment Luring Stocks- International Business Machines, Shopify

The Street
IBM Develops a Cure for Banks With a Case of Digital-Market Blues
by Valerie Young

When Banks Develop Snapchat Envy, This Firm Is Ready to Help
by Valerie Young

Thanks to everyone who attended and presented! If you can’t wait another year until the next FinDEVr, you don’t have to! Check out our next event, FinDEVr London, which will take place during London Tech Week on June 12 and 13. Tickets now on sale.

FinDEVr APIntelligence

We saw some great stuff at FinDEVr New York last week; stay tuned for videos of the live presentations! If you missed out, check out FinDEVr London on June 12 & 13 during London Tech Week. Register today and save big time.


Alumni updates

  • FinDEVr New York newcomer Fiserv announces enhancements to its real-time, loan servicing solution, LoanServ.
  • Swiss financial sector infrastructure operator SIX partners with IBM Watson to build cyber-security hub.
  • looks at speculation that Kabbage may acquire OnDeck.
  • BBVA among the latest companies to join Hyperledger.
  • MasterCard introduces new fraud detection solution, Decision Intelligence.
  • Credit Donkey lists StockTwitsDriveWealth, and Personal Capital among its Best Investing Apps of 2017.
  • Forrester recognizes FinDEVr newcomer Outsystems as a leader in low-code development platforms.
  • E-commerce services from Vantiv achieve Oracle Validate Integration. Video of Vantiv’s FinDEVr 2017 New York presentation will be available soon.
  • VISA to enable electronic business payments for SME clients of B2B electronic invoicing network, Viewpost.
  • Fiserv reports nearly 30 banks and CUs deployed its digital banking technology in 2016, taking the total number of FIs using its online banking solutions to 3,500.

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