FinDEVr APIntelligence

FDNY17-Logo-Rev

FinDEVr New York is just over one month away. Visit our registration page today and save your spot as our developer’s conference returns to New York City, March 21 & 22, for two days of APIs, SDKs, case studies, coding examples, and more.

On FinDEVr.com

  • Braintree Hires John MacIlwaine as New CTO.

The latest from FinDEVr New York presenters. Catch them at FinDEVr New York next month!

  • ChartIQ to provide Fidessa with HTML5 charting options.

  • Clutch recognizes Softjourn as one of the top web and software developers in the Ukraine.

  • Fiserv wins inaugural Technology Association of Georgia (TAG) Fintech ADVANCE Award for its Verifast palm authentication technology.

  • Vantiv to provide debit, credit, and ATM processing services for Financial Technology Solutions International.

  • Massachusetts-based bank, Salem Five ($4.2 billion in assets) picks Fiserv as its new technology partner.

  • Vantiv partners with CardFlight to Offer EMV Mobile POS Solution.

Alumni updates

  • Intuit deploys VersaPay ARC for its SME customers and accountant clients.

  • Wave to offer OnDeck business loans and lines of credit courtesy of new partnership.

  • IBM leverages Hyperledger Fabric to support a trade finance-oriented blockchain project in Dubai.

  • Entersekt CIO Gerhard Oosthuizen shares advice on passwords and protecting personal data in Moneyweb.

  • ACI Worldwide teams up with Chargebacks911 to help merchants handle fraudulent chargebacks.

  • MoneyGram using Mobile Verify from Mitek to meet AML requirements.

  • Envestnet | Yodlee partners with mobile-only banking startup, Varo Money.

  • Xero partners with Sasfin Bank to offer next generation financial management to small businesses.

  • Betterment unveils new multi-plan offering with access to human advisors.

  • Fidor partners with EPAM Systems to gain access to additional product development and software engineering talent.

  • Avoka names former KPMG executive Matt Lewis as new CFO.

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

Braintree Hires John MacIlwaine as New CTO

Braintree_homepage_February2017

Former Lending Club CTO John MacIlwaine will join Braintree as the company’s new Chief Technology Officer. MacIlwaine takes the reins from current Braintree General Manager Juan Benitez, who had been serving in both capacities since 2014.

“As this global role will have a significant impact on our products, team, and strategy,” Benitez wrote in a blog post at Braintree, “John’s 20+ years of experience as a CIO/CTO in the financial services industry driving innovation at scale for multiple teams is a perfect fit for Braintree.” In his new position, Macilwaine will lead product development including engineering, product management design, and production engineering.

Braintree specializes in payment solutions for e-commerce companies ranging from small businesses to large corporations. The company’s platform enables merchants and businesses to accept payments directly, manage an online marketplace, or explore new sales channel opportunities. Braintree prides itself in being “developer-bred” and “technology-led” and emphasizes the ease of integration and wide payment optionality (including PayPal and Venmo) of its technology.

Braintree_JohnMacilwaine“The two-sided platform that only Braintree and PayPal together can deliver is unmatched and has always stood out to me,” MacIlwaine said. “I’m thrilled to leverage this unique value proposition to continue helping merchants around the world grow and succeed.”

MacIlwaine comes to Braintree from fellow Finovate alum, Lending Club, where he was CTO for more than four years. Before Lending Club, MacIlwaine held executive positions at Green Dot, Visa, Sungard, Envestnet, and Morgan Stanley. He has a BSE in Computer Engineering from the University of Michigan, where he is a member of the Entrepreneurship Advisory Board at the School of Information.

Founded in 2007 and headquartered in Chicago, Illinois, Braintree presented tools, tips, and other developer resources for building better e-commerce experiences for customers at FinDEVr New York 2016. The company is also a veteran of Finovate, having demonstrated its payment solution, Venmo Touch at FinovateSpring 2013. Braintree unveiled an expansion of its commerce infrastructure APIs last December, and promoted William Ready to COO in October. The company was acquired by PayPal in the fall of 2013 for $800 million in cash.

FinDEVr APIntelligence

FinDEVrSV16-withdateOur FinDEVr New York developer showcase was a success! FinDEVr Silicon Valley will be held October 18 & 19 in Santa Clara. Register today to save your spot!

On FinDEVr.com:

The latest from FinDEVr New York and upcoming Silicon Valley presenters

  • Fidor Bank teams up with Abu Dhabi Islamic Bank to launch first community based digital bank in the region.
  • PayPal promotes Braintree’s William Ready to chief operating officer.
  • PYMNTS.com talks with Hyperwallet VP Tomas Likar about the challenge of payments in the on-demand workforce.
  • IBM announces $200 million investment in its Watson IoT business in Munich. See IBM at FinDEVr Silicon Valley, October 18 & 19.

Alumni updates

  • Bank of Ireland to deploy UniversalSuite core banking solution from Temenos.
  • Xero Announces Improved Integration with PayPal.
  • Bluefin Announces Issuance of Patent on Decryption as a Service.
  • Kristina Campbell joins PayNearMe as Chief Financial Officer.
  • Xero teams up with Barclays to improve access to transaction data for U.K. businesses.

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

FinDEVr APIntelligence

FinDEVrSV16-withdateOur FinDEVr New York developer showcase was a success! FinDEVr Silicon Valley will be held October 18 & 19 in Santa Clara. Early bird tickets expire soon so register today to save your spot!

On FinDEVr.com

  • First Wave of FinDEVr Silicon Valley Presenters Revealed.

The latest from FinDEVr New York 2016 presenters

  • NYMBUS Raises $12 Million in Round Led by Vensure  Enterprises.
  • Braintree, Finicity, and Twilio Take Top Honors at API World Awards.
  • Markit enhances WSO software suite to offer new levels of automation for syndicated loan market.

Alumni updates

  • National Bank of Kuwait goes live with Temenos Treasury Trader.
  • CardFlight to Power EMV Mobile Processing for BluePay.
  • Trulioo announces enhancements to the global AML watchlist capabilities of its GlobalGateway platform.
  • Chain announces new partnership with Initiative for Cryptocurrency and Contracts (IC3).
  • Fintech News Switzerland highlights Currency Cloud in a look at London’s top rising fintech stars.

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

Venmo Enables Payments in Merchant Apps

Screen Shot 2016-07-27 at 8.08.35 AM

Venmo, the P2P payment service best known for helping millennials pay each other back for pizza, beer and rent, has expanded its capabilities. Starting today, everyone can use Venmo to make in-app purchases with participating merchants.

While the California-based company began testing in-app payments in January, today marks the public launch. Developers can integrate Venmo payments for merchants using Braintree’s API, which charges 3% +$0.30 per transaction. This is a big step up in revenue from what it was bringing in previously. The company’s flagship P2P money transfer service is free for ACH transfers and debit card charges and costs 3% for credit card transactions.

Currently 11 merchants accept Venmo payments:

  • Munchery
  • Gametime
  • Priv
  • Poshmark
  • Hop Market
  • Wish
  • Parking Panda
  • DollyScreen Shot 2016-07-27 at 11.10.26 AM
  • Urgentli
  • Boxed
  • delivery.com

The Venmo checkout experience offers the ability to split and settle a bill and promises to be fast; customers will not need to leave the merchant’s app. As for merchant appeal, Venmo expects a viral lift from its social feed as customers share their purchases. As Venmo says on its website, “Your business just got access to lots of social friends.”

Braintree presented at FinDEVr New York 2016, where it talked about making beautiful credit card forms. For more presentations like these, pick up your ticket to FinDEVr Silicon Valley, this October 18 & 19 in Santa Clara.

FinDEVr APIntelligence

FinDEVrSV16-withdateOur FinDEVr New York developer showcase was a success! FinDEVr Silicon Valley will be held October 18 & 19 in Santa Clara. Register today and save.

Dev news

The latest from FinDEVr New York 2016 presenters

  • Institutional Investor features Xignite and PayPal CEOs in the 2016 Tech 50 list of fintech technologists.
  • CoinTelegraph names Braintree as a company that will shape the future of money.
  • Markit Unveils Chartworks Suite.
  • Inc’s look at global payment options features Braintree.

Alumni updates

  • Kabbage Revamps App to Enable Mobile On-Boarding for Loan Applications.

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

FinDEVr APIntelligence

FinDEVrSV16-LogoV2(wdate)Our FinDEVr New York developer showcase was a success! FinDEVr Silicon Valley will be held October 18 & 19 in Santa Clara. Register today and save.

On FinDEVr.com

  • BlockCypher to Developers: Your Ethereum Toolkit is Ready.
  • FICO Launches Falcon Assurance Navigator to Help Universities Monitor Federal Grant Spending.

The latest from FinDEVr New York 2016 presenters

  • Markit to provide fixed income pricing data and liquidity metrics for the European Commission.
  • Fidor Bank Opens its Doors in Dubai; Ge Drossaert Tapped as Managing Director.
  • FICO launches its Academic Engagement Program, helping business students get hands-on experience with analytic software.
  • Braintree announces new integrations with Demandware and Netsuite.
  • TokBox launches its video broadcast solution for producers.
  • Banking Technology: Goldman Sachs to use technology from Infosys to power its new digital bank, GS Bank.

Alumni updates

  • PCWorld votes Xero as its top-choice accounting software in 2016.
  • 2016 CNBC Distruptor 50 Features Kabbage and Twilio.
  • CNN features StockTwits in a list of the 10 best investing apps.
  • Business Insider features Currency Cloud in list of potential future U.K. fintech unicorns.

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

FinDEVr APIntelligence

FinDEVrSV16-LogoV2(wdate)Our FinDEVr New York developer showcase last week was a success! FinDEVr Silicon Valley will be held October 18 & 19 in Santa Clara. Register today and save.

Developer news:

On FinDEVr.com:

  • Blockchain Dev Platform Stratumn Lands $670,000 in Seed Investment.
  • Bluefin Payment Systems Raises $6 Million in Growth Equity Financing.

The latest from FinDEVr New York 2015 presenters:

  • OutsideIQ Chosen To Participate In Brazilian Innovation Summit.
  • Investment News looks at how Betterment has added data aggregation, and considers Vanguard’s partnership with Envestnet|Yodlee.
  • PayPal’s Braintree Auth launches to bring its payments platform to more merchants, service providers.
  • Avoka and eSignLive partner to enable 100% digital customer acquisition.
  • Markit unveils new Common Reporting Standard (CRS) solution for tax residency identification and due diligence.

Alumni updates:

  • New strategic partnership connects Klarna’s checkout solution with Modo’s digital payments hub.
  • Santander and Kabbage Partner to Bring Same-Day Funding to U.K. SMEs.
  • Barlow Names Xero TaxTouch Most Innovative At 2016 Banking Technology Awards.

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

FinDEVr APIntelligence

FinDEVrNY16-V2(wdate)Our FinDEVr New York developer showcase is next week on March 29 & 30. Register today and we’ll see you in New York!

Developer news:

  • TechCrunch reports: Almost everyone is doing the API economy wrong.

On FinDEVr.com:

  • Financial Information Services Provider Markit Merges with IHS.
  • Symbiont and Ipreo Team Up to Accelerate the Loan Settlement Process.

The latest from upcoming FinDEVr New York 2015 presenters:

  • Xignite to provide free market data for FinTech Sandbox demo participants. Join Xignite in New York for FinDEVr next week.
  • Markit to supply FinTech Sandbox with fixed income pricing and reference data.
  • PayPal to enable money transfers to Cuba via its Xoom acquisition.
  • 3dcart merchants gain access to end-to-end payment processing courtesy of Braintree.
  • OnDeck partners with Innovate Finance to debut Transatlantic Policy Working Group.
  • Markit unveils new tax utility service.
  • Intuit Developer Group Drops Financial Data APIs; Partners with Finicity to Ease Transition.

Alumni updates:

  • Let’s Talk Payments lists SnoopWall and Entrust in its round-up of the hottest mobile security companies.
  • Avalara teams up with WooCommerce to help online merchants manage sales taxes.

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

FinDEVr Live: Braintree Shows How to Increase Checkout Conversion

BraintreeHomepage

braintreepayments.com | @braintree_dev

braintree_logo_newAs the Braintree_PayPal developer and startup relations team, Braintree_dev works directly in the field to educate and support the community about the Braintree and PayPal APIs and SDKs. With unique programs including BattleHack, Startup Blueprint and Start Tank, Braintree_dev engages with the community to mentor, support and enable seamless commerce experiences through easy integrations around the globe.

Make me pay you! – Increasing Checkout Conversion:
Don’t you just wish you can talk to your users ask them to “Show you the money!!” Sometimes your users just want to give you the money but we make it so difficult for them. Increasing check-out conversion, part art, part science, part design, part engineering. I’ll talk through simple design patterns, like making sure you have a way for users to give feedback to engineering libraries (cool libraries that help you take a photo of a credit card instead of entering it’s info). By the end of this talk, I hope you will have found some interesting ways for your users to give you more money.

Key takeaways

  • Design patterns, tools, tips, tricks and other developer resources you can use to build a
    great checkout experience.
  • Case studies on companies that made changes to their checkout flow that resulted in increase customer revenue.
  • Examples of great checkout experiences and some not so great checkout experiences that we can learn from.

IMG_0936

Presenter
Justin Woo, Developer Advocate
LinkedIn | @jzwoo | juwoo@paypal.com | 408-376-7400
Justin Woo is a Developer Advocate at Braintree / PayPal and has been programming ever since he got his first IBM XT running DOS. He loves writing mobile applications (especially hybrid-HTML5 applications) and wishes everything could be done in LISP.