FinDEVr APIntelligence

FDNY17-Logo-RevFinDEVr New York will be here in just two short weeks! Check out company features and take a look at the previews from upcoming presentations. And of course, don’t forget to register today to save!

On FinDEVr.com

  • Envestnet | Yodlee Launches Suite of Risk Reporting Tools.
  • PwC Brings Blockchain PoC to London’s Specialty Insurers
  • Shwayhat Steps Up: GreenKey Technologies Announces New CEO
  • Scotiabank and AlphaPoint Wrap Up Blockchain Trial
  • Check out these previews from upcoming FinDEVr New York presentations:

Alumni updates

  • BBVA Compass adds cash-back incentive to stimulate interest in mobile banking app.
  • OutsideIQ teams up with Genpact to bring better risk management, KYC, and AML compliance solutions to banks.
  • Bluefin Payment Systems joins forces with The Pinnacle Corporation, bringing point-to-point encryption (P2PE to the latter’s Palm POS platform.
  • Top 10 global bank deploys mobile capture technology from Kofax.
  • IBM forges strategic partnership with Salesforce, connecting AI platforms IBM Watson and Salesforce Einstein.
  • Arxan Application Protection named Best IoT product at the 2017 Cybersecurity Excellence Awards.
  • Kontomatik nominated at the Dutch FinTech Awards 2017.
  • Mambu goes live in the Americas with new offices in Miami and new regional managing director.
  • PayPal partners with Oro ecommerce platform.
  • UK food retailer, The Co-operative Group chooses ACI Worldwide to run wallet service.
  • Palestine’s The National Bank deploys core banking technology from Temenos.
  • Dallas News founder features Bruce Parker, founder and CEO of ModoPayments.

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

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.

On FinDEVr.com

  • Venmo Enables Payments in Merchant Apps.
  • Prevoty Wins 2016 Stratus Award for Best Small Company Cloud Security Service.
  • Mexico’s Grupo Bursátil Deploys Messaging Tech from Solace Systems.

The latest from FinDEVr New York 2016 presenters

  • A look at fintech in Berlin and London highlights Mambu.
  • Espresso Capital features Outside IQ’s creativity in raising capital.

Alumni updates

  • Kontomatik introduces Financial Health Indicator for small and medium-sized lenders.
  • Kabbage turns to Marketo for new marketing solutions.
  • ITProPortal interviews Temenos Chief Strategy and Marketing Officer, Ben Robinson.
  • Mastercard to Buy VocaLink for Up to $1.14 Billion After Masterpass Expansion to Retail.
  • Cloud Lending Solutions adds new online modules to its Learning program.
  • Google Cloud Platform opens its first West Coast region.

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

  • Markit Agrees to Acquire Prism Valuation.
  • Goldman Sachs Leads $44 Million Investment in Plaid.
  • Mambu Unveils FinTech Startup Program.

The latest from FinDEVr New York 2016 presenters

  • Personal Capital Brings on Former Yodlee CFO.
  • FICO acquires cybersecurity firm QuadMetrics, announces plans for “enterprise security scores.”

Alumni updates

  • Let’s Talk Payments asks if fintech startups should be able to access bank data in the wake of Plaid’s $44 million Series B.
  • MX Adds Cash Flow Feature to MoneyDesktop Platform.
  • Trulioo expands to South America as part of Canada’s Fintech Mission to Brazil.
  • Thomson Reuters named 2016 European Tax Technology Firm of the Year by International Tax Review.

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

Mambu Unveils FinTech Startup Program

Mambu_homepage_June2016

Are you a startup looking for ways to bring your technology to market faster? You’re in luck – Mambu is here to help.

The cloud-based SaaS banking platform maker announced this week that it is launching its FinTech Startup Program. The goal of the program is to help startups that are participating in accelerators and incubators that have partnered with Mambu to develop their products faster and cheaper. Eugene Danilkis, Mambu CEO, emphasized this point, saying that giving fintech startups access to Mambu’s platform “will give these companies the additional boost they are looking for.”

Mambu_stage_FA2013b

Pictured: Mambu President David Hamilton and CEO/cofounder Eugene Danilkis demonstrating their platform at FinovateAsia 2013 in Singapore.

Among the accelerators and incubators who will be participating is #500 Startups whose FinTech Entrepreneur in Residence Mike Sigal praised the access startups will get to a back-office platform like Mambu’s. He said the experience would provide up-n-coming companies with the “confidence they need to stay focused on building their differentiation and scaling their customer acquisition.” Speaking for partner Ynext Incubator by Envestnet | Yodlee, Jeff Cain added that it will offer companies in its program access to Mambu’s core banking engine starting with the Fall 2016 cohort. Also participating are Startupbootcamp FinTech, Techstars, and Citi Accelerator, with more incubators and accelerators to be added.

Founded in 2011 and headquartered in Berlin, Germany, Mambu demonstrated its technology at FinovateAsia 2013 in Singapore, and discussed its platform earlier this year at FinDEVr New York 2016. The company announced an investment of $8.7 million in January, which took Mambu’s total capital to more than $10 million. Last month, U.K. cloud-based bank OakNorth launched using Mambu’s infrastructure and API rather than a traditional core banking system.

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:

  • OakNorth, “The First Cloud-Based Bank in the U.K.” is Powered by Mambu.
  • Mobeam Barcode Beaming Technology Gains Broader Integration with Samsung Pay.
  • Up from Down Under: VIX Verify Chooses Atlanta’s Transaction Alley for Americas Headquarters.
  • Speed of Lightning, Roar of Thunder: Blockchain Unveils Off-Chain Bitcoin Payments Network.

The latest from FinDEVr New York 2016 presenters:

  • Version 6.0 of PayPal app discontinues support for Amazon Fire, Windows, and Blackberry phones.

Alumni updates:

  • Twilio Readies for $100 Million IPO.
  • Let’s Talk Payments takes a look at the post-acquisition relationship between Envestnet and Yodlee.
  • Neyber selects Cloud Lending Solutions for loan automation.

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

OakNorth, the “First Cloud-Based Bank in the UK,” is Powered by Mambu

Mambu_homepage_May2016

Courtesy of the banking system developed by Mambu – and a little help from Amazon Web Services (AWS) – OakNorth Bank now calls itself “the first cloud-based bank” in the U.K.

“Having our core banking system based in the cloud is an important milestone for us and for the banking industry in the UK,” OakNorth CEO and co-founder, Rishi Khosla said. He added that the new system would make it easier for his bank to scale “safely and efficiently.”

OakNorth announced back in October that it would opt for Mambu’s infrastructure and API instead of a traditional core banking system. OakNorth has also been working with Amazon Web Services (AWS) and the Financial Conduct Authority (FCA) in the U.K. on a variety of issues, not the least of which was the requirement that financial services firms in the U.K. operate from traditional servers. New guidelines established in the fall of 2015 however now allow businesses to use platforms such as AWS. OakNorth COO Francesca Gandolfo told ComputerWorld UK that the ability to scale at their own pace and platform’s reputation for security led to the bank’s choice of AWS.

Mambu_FinDEVrNY2016_stage

Pictured (left to right): Jeff Stewart (Founder, Chairman, Lenddo) and Eugene Danilkis (CEO, Mambu) during their presentation “Smart Consumer Lending: Platform and Scoring Architecture” at FinDEVr New York 2016.

OakNorth was founded in 2015 and earned its full banking license in March 2015. The bank specializes in loans to entrepreneurs and small businesses of between £1 million and £15 million. It has lent more than £120 million since its September launch.

Founded in 2011 and based in Berlin, Mambu has raised more than $13 million in funding with the most recent round a $8.7 million Series B in January. The company works with more than 145 institutions in 35 countries around the world and services a portfolio of more than a million accounts. Mambu demonstrated its native, cloud-based, SaaS banking app at FinovateAsia 2013 in Singapore and discussed its platform earlier this year at FinDEVr New York 2016.


Join us in Silicon Valley for our upcoming developer’s conference: FinDEVr Silicon Valley 2016, October 18 & 19. Tickets are on sale, so visit our registration page and save your spot 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:

  • Emirates NBD Group and the Open Bank Project launch a global competition for fintech startups.

The latest from upcoming FinDEVr New York 2016 presenters

  • Markit to deploy smart automation technology from WorkFusion.
  • Nerdwallet profiles robo-advisor Betterment.

Alumni updates

  • Spreedly Secures $3 Million Financing Round.

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

FinDEVr New York Preview: Mambu

FinDEVr2016NY_stackdateA look at the companies presenting new developer tools, platforms, and integrations at FinDEVr New York, March 29 & 30.

How did Lenddo bring its unique social-data consumer lending scoring engine to market in three countries? We’ll dive into the architecture, the systems built and bought, and the use of the cloud banking platform, Mambu.

Mambu_homepage_Feb2016

Why it’s a must-see:
Developers will have a better understanding of where to focus their time in terms of which systems, algorithms or user experience differentiate them versus what can be re-used to reduce risk, cost, and time.


Check out the rest of today’s FinDEVr Previews