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.

On FinDEVr.com

  • 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

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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 APIntelligence

FDNY17_EventLogo_v1(wdate)FinDEVr Silicon Valley was a success! Tickets for upcoming FinDEVr London and FinDEVr New York are at their lowest prices now. Register today for London or New York to save your spot!

On FinDEVr.com

  • CTO Talk with Eugene Marinelli, CTO of Blend
  • Nubank Raises $80 Million in Series D Funding

The latest from FinDEVr Silicon Valley presenters

  • Aerospike announces 100% year-over-year bookings growth.
  • NuData Security partners with Arvato Financial Solutions to combat fraud and enable a smoother customer experience.

Alumni updates

  • InComm partners with MOL Global to launch PlayStation Network prepaid products to be distributed through 7-Eleven stores in Indonesia.
  • Commerce Bank chooses Temenos to upgrade core deposit banking system.
  • Token signs memorandum of understanding (MoU) with Fidor Bank for digital payments.
  • PYMNTS.com interviews Nick Thomas, cofounder of Finicity, in the wake of his company’s latest funding round.
  • Arxan Technologies wins six industry IoT security awards.
  • TemenosMarketPlace receives the Banking Technology Readers’ Choice Award for “Best emerging/innovative technology product/service” at the Annual Banking Technology Awards.
  • InComm expands partnership with Target Australia to offer gift cards in stores and online.
  • PayPal teams up with Citibank, FIS to expand cross-channel presence.

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

FinDEVr APIntelligence

FDNY17_EventLogo_v1(wdate)FinDEVr Silicon Valley was a success! Tickets for upcoming FinDEVr London and FinDEVr New York are at their lowest prices now. Register today for London or New York to save your spot!

Dev news

  • Check out LTP’s list of 88 international startup accelerators, incubators & innovation labs nurturing fintech innovators

The latest from FinDEVr Silicon Valley presenters

  • Expensify exclusively endorsed by the world’s leading accounting body.
  • Envestnet | Yodlee integrates with Microsoft Dynamics 365 for Financials.
  • ACI Worldwide named “frontrunner service provider” for EBA instant credit transfer scheme.
  • Xero interviews David Barrett, CEO and founder of Expensify.
  • Hyperwallet begins 24/7 support amidst launch of new Austin contact center.

Alumni updates

  • FinDEVr alum Braintree introduces commerce infrastructure tools.
  • InComm partners with Wakefern Food Corp. to expand gift card programs.
  • OnDeck announces new $200 million revolving credit facility with Credit Suisse.
  • Finicity Scores $42 Million Series B in Round Led by Experian.
  • The Beast Apps introduces comprehensive MiFID II compliance-integration solution, Minotaur.

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

FinDEVr APIntelligence

FinDEVr Silicon ValleyFDNY17_EventLogo_v1(wdate) was a success! Tickets for FinDEVr London and FinDEVr New York are at their lowest prices now. Register today for London or New York to save your spot!

On FinDEVr.com:

The latest from FinDEVr Silicon Valley presenters

  • BBVA chooses Amazon Web Services as its preferred cloud infrastructure services provider.
  • Extended partnership makes Yodlee’s data aggregation available via Backbase’s Open Banking Marketplace.
  • Hyperwallet announces support for real-time, push-to-card payments solution,Visa Direct.
  • Full Envestnet | Yodlee Integration Give Advisors Big Picture View of Client Finances.
  • Modo to give the Bank of America access to its COIN Operated Digital Payments Hub.
  • Expensify launches direct integration with Zenefits.

Alumni updates

  • InComm launches new brand of solutions for cash-based consumers, VanillaDirect.
  • Temenos launches Digital Engagement modules to offer real-time customer marketing and engagement.
  • Bluefin Payment Systems launches cloud-based hosting option for its DecryptxPCI-validated P2PE product through Amazon Web Services.
  • Intuit expands partnership with PayPal to provide QuickBooks Online customers with a new way of accepting payments via PayPal.
  • Chain launches open source edition of its distributed ledger, Chain Core Developer Edition.
  • Avoka earns a pair of “XCelent Awards” for service and breadth of functionality from Celent.
  • Trulioo announced that its GlobalGateway platform now reaches 60 countries.
  • On Deck Capital and Kabbage agree to disclose SMB loan pricing

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 18/19 October in Santa Clara. Early bird tickets expire soon so register today to save your spot!

The latest from FinDEVr New York 2016 presenters

  • PayPal Partners with Xero to Support B2B Invoice Payment

Alumni updates

  • London-based BACB to replace its legacy IT systems with CorporateSuite from Temenos.
  • Kontomatik announces expansion to Portugal, the ninth country where its API is available.
  • PrivatBank’s Partnership with InComm Initiates Launch of Prepaid Products in Ukraine
  • Ghana-based startup, Sovereign Bank, deploys T24 core-banking system from Temenos.
  • CenturyLink to host SatuitCRM and SatuitCRA software as part of new agreement.

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

InComm Launches Digital, Open-Loop Visa-Branded Products

InCommHomepage

VisaLogoPrepaid product company InComm added to its catalogue of digital gift card offerings this week by launching digital open-loop Visa prepaid cards. The digital products are available as gift or reward cards that can be redeemed at any U.S.-based ecommerce site that accepts Visa debit cards.

The Atlanta-based company’s CEO Mike Fletcher notes that the open-loop digital offerings enhance the customer experience by facilitating immediate online purchases.

InComm reports its digital closed-loop programs experience adoption rates between 40% and 60%. It expects to see similar results with the open-loop products.

At FinDEVr San Francisco 2014, InComm explained how developers can use its Cashtie API to digitize cash payments. At the same conference, Visa hosted workshops on integrating with Visa Checkout and ApplePay.

We’re taking our FinDEVr developer showcase to New York on March 29 & 30, 2016. Register today.

FinDEVr APIntelligence

FinDEVrNY16-V2(wdate)We’re taking our FinDEVr developer showcase to New York on March 29 & 30, 2016. Register today.

Developer news:

The latest from FinDEVr San Francisco 2015 presenters:

  • eWeek quotes Arxan CMO Patrick Kehoe on the problem of app security on health and finance apps.
  • PayPal Taps into Bitcoin by Adding Wences Casares to Board.

Alumni Updates:

  • InComm to launch digital open-loop prepaid products for distribution as part of incentive and loyalty programs.
  • Roundup of Australia fintech startups features Avoka.

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

FinDEVr APIntelligence

FinDEVr2016-NY-(Stacked)V2Are you building new financial technology? Be sure to check out coverage from our recent developer conference in San Francisco. We’re taking the fintech developer tool showcase to New York on March 29 & 30, 2016. Stay tuned for details.

The latest from FinDEVr San Francisco 2015 presenters:

  • Fortune: How Venmo plans to make money.
  • PayPal and Aramex partner to create www.ishoptheworld.com, a one-stop cross-border marketplace.

Alumni Updates:

  • InComm acquires TibiDono, Austria-based marketing and gift card distribution company.

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

FinDEVr APIntelligence

FinDEVr2015LogoV2DateAre you building new financial technology? Be sure to register soon for the only event exclusively for fintech developers, FinDEVr 2015, Oct 6-7 in San Francisco.

Developer news:

  • CIO of UBS asserts the blockchain will heavily impact financial services.
  • Inc: Why Fintech Is One of the Most Promising Industries of 2015.
  • Accenture and Leading Banks Invite Applications for Fourth Annual FinTech Innovation Lab London.
  • Tool of the week: SplitMetrics allows A/B testing of App Store promotional pages

The latest from upcoming FinDEVr 2015 presenters:

  • PayPal acquires mobile commerce platform Modest, its first acquisition as a standalone, public company.
  • Inc. Magazine ranks Kabbage the 36th fastest growing U.S. private companies.
  • Silicon Republic recommends following OnDeck on Twitter.
  • FinDEVr alums make Let’s Talk Payments’ list of payment companies raising money in 2015.
  • Fidor Bank CEO Matthias Kroner calls bitcoin as a “natural part of the digital lifestyle.”
  • PayPal ranks in the top 5 of payments companies based on market cap.
  • Blackberry selects PayPal for its P2P Payments provider.

Alumni updates:

  • TradeSharp integrates with Tradier to offer brokerage services and enhanced trading strategies.
  • InComm to expand offerings in Asda, the United Kingdom-based subsidiary of Walmart.
  • Blockchain achieves 4 million bitcoin wallets.
  • Xero announces plan to help SMEs get bank loans.
  • Cloud Lending Solutions unveils CL Originate, its next generation, cloud-based loan origination platform.
  • CardFlight’s SwipeSimple to power Integrity Mobile’s mPOS tech.

Stay up to date on daily developments by following FinDEVr on Twitter.