FinDEVr Live: Finicity Demonstrates its TxPUSH Real Time Aggregation Service

FinicityHomepage

finicity.com | @finicity

FinicityLogoFounded in 1999, Finicity is a privately held fintech industry pioneer. Leading the charge to the Evented Financial Web, Finicity enables fintech developers to build real-time apps through its RESTful Aggregation API, the Finicity API Platform and its suite of TxPUSH compliant real-time aggregation services.

The Launch of Real-Time Transaction Push:
Finicity, the fintech industry pioneer founded in 1999 will demonstrate the first TxPUSH compliant real-time aggregation services that push financial transaction data to software applications instead of the typical pull methodology found in standard aggregation. This instant availability of financial transaction data will unlock fintech innovation and pave the way to the ultimate delivery of real-time transaction push from the financial institution to software applications.”

Key takeaways

  • How Finicity will disrupt the aggregation industry by changing the standard pull
    aggregation methodology to a transaction push methodology
  • How Finicity will deliver Real-Time financial transaction push to software applications with TxPUSH compliant API Endpoints
  • How Finicity will help software developers deliver a more compelling UX

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Presenter
Nick Thomas, President
LinkedIn | @nickthomas | nicholas.thomas@finicity.com | 650-450-8127
Nick Thomas is the President & Co-Founder of Finicity. In 1999, Finicity became one of the first subscription-based SaaS companies on the web. It has grown to service hundreds of thousands of customers and awarded “Product of the Year” by PC World. Nick has served in Executive, Engineering, and Software Development roles.

FinDEVr Preview: Finicity

FinDEVr2015LogoV2DateToday starts our FinDEVr Preview blog series. On October 6 & 7 in San Francisco, 60 companies will present their latest developer tools, tips, and integrations. Register today and don’t miss out.

Finicity, a fintech aggregator with 14 years of experience and 16,000+ developed data sources, will demonstrate real-time data delivery via the new TxPUSH API.

The instant availability of financial transaction and account data unlocks fintech innovation and improves security.

FinicityHomepage

Why it’s a must-see:
The TxPUSH standard pushes transactions as they happen, enabling real-time data delivery and improved security via OAuth.

With TxPUSH, account holders will no longer have to “pull” or download transactions from multiple financial institutions. Transactions will be “pushed” in real time to financial event hubs or directly to subscriber apps.


Check out more of today’s FinDEVr Preview posts:

FinDEVr Preview: CopSonic, Finicity, Mifos Initiative, ModoPayments, and OnDeck

FinDEVrLogo

FinDEVr begins in just over a week. To be a part of the first fintech event for developers, click here to get your tickets today.

Here is Part Two of our last look at the companies that will demo on Tuesday, September 30. In this installment, we meet:

Part Three is available here. If you missed our first installment, check out Part One here.
And don’t forget to join the growing community of developers, software architects, and engineers on Bizzabo


CopSonicLogo_FinDEVr

CopSonic is a French company founded in 2013 specialized in the development and marketing of its sonic and ultrasonic authentication technology. The company is composed out of a strong team of researchers and engineers specialized in security, payment, sonic and ultrasonic authentication protocols. Recently, CopSonic joined the Microsoft Partner Network and became a member of the FIDO Alliance organization.

Keynote: Sonic and Ultrasonic Authentication Solution Working on All Mobile Phones
The CopSonic SDK allows contactless multi-factor authentication based on ultrasounds or sounds. This SDK is the first to introduce an “air gap” with encrypted analog information into the digital circuit. The security level thus achieved by CopSonic reaches current military security levels.
CopSonic is a universal solution working on all feature phones, smart phones, smart watches, tablets, computers, smart devices, internet of things, etc. as long as they are equipped with speakers and/or a microphone. It is operational on all standard GSM networks, on the intent or any other TCP-IP compatible network. The solution requires no change of Telco or of the existing hardware.
CopSonic enables e-commerce, financial and cybersecurity industries to propose a universal and secure solution for strong authentication to all of their customers worldwide. This authentication solution is an alternative to the use of online and/or offline passwords.
PhonicAccess and GateSonic are anti-phishing use cases of this highly secured technology. Also, for the first time, CopSonic enables the use of smart-bracelets as secure access key.


FinicityLogo_FinDEVr

Founded in 1999, Finicity is a privately held fintech industry pioneer. Leading the charge to the Evented Financial Web, Finicity enables fintech developers to build real-time apps through its RESTful Aggregation API and the Finicity API Platform.

Keynote: Aggregation Reloaded
Forged and hardened in consumer PFM over the past 13 years, Finicity is publicly launching its Financial Aggregation API service with unparalleled FI uptime, broad FI coverage, 24/7 developer support, and exciting new endpoint features that will elevate your UX.
Why it’s great for developers:
  • 24/7 Pre and Post-deployment Agg Support
  • Improve your app UX with unparalleled FI Agg uptime
  • Come see the launch of the Evented Financial Web
The Finicity API Platform, RESTful Aggregation API and Developer Portal make it EASY to deploy financial apps into the Evented Financial Web ecosystem.


MifosLogo_FinDEVr

The Mifos Initiative is a 501(c)3 non-profit that guides the development of the Mifos X solution for financial inclusion, an API-driven open source platform with a suite of configurable cloud apps. Our community speeds the elimination of poverty by scaling financial services to the 2.5 billion unbanked.

Our platform is game-changing because we are mobilizing a global community, which is the only way to confront the massive problem we face. Our open source license and community driven approach is unlocking new collaboration and enabling new business models that will allow the financial inclusion sector to scale upward and outward. It enables small institutions to mature and large institutions to reach down cost-effectively in a manner that never could be possible before.
Keynote: Mifos X, Open Technology Platform Unlocking New Opportunities at the Base of the Pyramid
There is a massive opportunity to serve the 2.5B individuals who lack access to financial services. Discover how you can build and scale mobile and cloud-based solutions on top of the open Mifos X platform for financial inclusion, which is led by a global community & backed by Silicon Valley.
Mifos X is the world’s only open source technology platform for financial inclusion. Built around an API-centric, cloud-based software architecture, the Mifos X Platform is a modern, connected core banking system for responsible financial services organizations bringing basic financial services to the poor globally.
Our innovative solution consists of a full suite of open technologies to scale the reach of financial inclusion to the 2.5B unbanked, encompassing an open source platform released under the Mozilla Public License 2.0, completely exposed through a full set of open APIs as well as a suite of cloud products and mobile apps on top of the platform. Whether you are an innovator looking to build a brand new fintech solution, an integrator looking to integrate or scale an existing product, a reseller looking to extend, implement, support, or host a feature-rich core banking system, or a financial institution looking for a solution out of the box, Mifos X has it covered.
Mifos X consists of 1) the platform (A RESTful back-end which talks to a MySQL database and is built on the Jersey/Spring/JPA stack) 2) the community app (AngularJS app that provides support for the most commonly used financial inclusion model
s) and 3) RESTful APIs from our platform accessing all the core underlying functionality to enable the community to quickly build their own enterprise grade financial inclusion products/apps on any technology stock.
Workshop: Building Apps for Financial Inclusion on the Mifos X Platform
In this hands-on session, you’ll learn how to quickly build enterprise-grade financial inclusion solutions on top of Mifos X, an open-source cloud-based Java platform providing the common core banking functionality through a full set of RESTful APIs, an AngularJS web app and an Android client.
Why it’s great for developers:
  • Market-Validated: 75 customers serving 2.5M clients
  • Open & Community-Driven: Open Source via MPL 2.0
  • Extensible: Complete platform – RESTful APIs on a modern tech stack
Mifos is the world’s only fully open API-driven platform for financial inclusion providing a technology foundation to reach the 2.5 Billion unbanked at the Base of the Pyramid.


ModoLogo_FinDEVr

ModoPayments powers better buying experiences with better economics, created by YOU! Using our handcrafted API, any developer can build their own mobile app with the ability to perform in-store purchases at tens of thousands of store locations. Modo powers the payments and tech and you design the experience.

Keynote: How to Find Money & Love with Mobile Apps (maybe more money than love)
Learn about the best kept secret in payments platform APIs: Modo. Modo will show you in 6 minutes or less how to build a better buying experience that entices consumers to spend money, and make you money, with the mobile app of your dreams. Your love mileage may vary.
Workshop: Get Your Hands on Modo
Now you know the secret about how the Modo API can transform buying experiences for your users, audience or customer base, and make real money with your mobile app. Get to this workshop, roll up your sleeves, and build an app you will fall in love with.


OnDeckLogo_FinDEVr

Launched in 2007, OnDeck uses data aggregation and electronic payment technology to evaluate the financial health of small and medium sized businesses to efficiently deliver capital to a market underserved by banks. Its proprietary technology – the OnDeck Score – enables small businesses to obtain affordable loans with a fraction of the time and effort that it takes through traditional channels. OnDeck’s credit models look deeper into the health of businesses, focusing on overall business performance, rather than the owner’s personal credit history.

As a leading direct lender of small business loans, OnDeck has deployed more than $1 billion in capital nationwide.
Keynote: OnDeck Lending API’s – Frictionless, Extensible, Powerful
The OnDeck Score evaluates thousands of data points – from cash flow to public records to social data – to more accurately and efficiently assess business health and deliver capital in as fast as 24 hours.
Pamela Rice, OnDeck’s SVP of Technology, is discussing how the OnDeck platform provides a critically needed mechanism for financial institutions and other business service providers to efficiently reach the Main Street small business market.
The company has several APIs, which provide powerful, fully integrated lending capabilities, to third party partners, thus allowing for instant pre-qualifications, pre-approvals and loan applications. Through a coding and product demo, Pamela will demonstrate how both developers and non-developers can interact with OnDeck’s APIs in a UI sandbox and how to utilize our Salesforce app for frictionless plug-and-play integration.
Why it’s great for developers
  • OnDeck’s technology makes the lending process simple, fast & efficient
  • APIs enable 3rd parties to provide more small businesses with the capital they need when they need it
  • OnDeck’s technology has enabled the lender to deploy more than $1 billion in capital to small businesses across the U.S.
OnDeck’s technology has enabled the lender to deploy more than $1 billion in capital to small businesses across the U.S.

Click here for Part Three of our look at fifteen companies that will be sharing their innovations at FinDEVr on Tuesday, September 30.
And if you missed our previous editions of our FinDEVr Preview, the links below will help get you up to date.