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:

  • The Financial Brand considers What is Open Banking and Why Does it Matter?

On FinDEVr.com:

  • PIMCO Selects Markit and KYC.com to Bolster Onboarding.
  • Symbiont to Help Delaware Embrace the Blockchain.

The latest from FinDEVr New York 2016 presenters:

  • PYMNTS breaks down its discussion with PayPal CEO Dan Schulman.
  • OutsideIQ Launches Real-Time Risk Monitoring Tool.
  • i-exceed Technology celebrates its 5th anniversary.
  • Technology from Fidor Bank to drive new mobile banking service from Telefonica Germany.

Alumni updates:

  • Dallas Area Rapid Transit Partners With PayNearMe to Reduce Cash Handling by Transit Operators.
  • Entrepreneur profiles TD Ameritrade in a look at finalists for the Benzinga Fintech Awards 2016.
  • Fiona Tee Takes the Helm as Currency Cloud’s New CFO

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

PIMCO Selects Markit and KYC.com to Bolster Onboarding

MarkitHomepage2016

Multinational investment management firm PIMCO has selected information services provider Markit and kyc.com to bolster its due diligence and onboarding procedures.

With $1.5 trillion in AuM, PIMCO is one of the largest asset managers to implement Markit’s regulatory and compliance products. PIMCO will use the centralized repository, created in a joint effort by Markit and kyc.com, to exchange counter party documentation and validated entity data across onboarding functions and to communicate with counter parties.

Tracey Jordal, EVP and senior counsel for Trading and Markets at PIMCO cites the added value for the California-based firm, “The seamless interoperability between these platforms to support client onboarding, master agreement negotiation and tax validation as a unified group of steps is particularly beneficial.”

MarkitPresenterFinDEVrNY

Markit On Demand’s Head of Development, Chris Bailey, recently gave a presentation at FinDEVr New York titled, Financial Charts: Getting The Details Right in which he described how to keep financial charts on the cutting edge. Founded in 2003 and based in London, Markit employs more than 4,000 people in 11 countries.

Earlier this month Markit signed Acadian as its latest managed services EDM customer and in March the company merged with analytics company IHS in a deal valued at $13 million.

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.

On FinDEVr.com:

  • EVO and Verifone Partner to Make EMV Payments Feasible at Restaurants.
  • GreenKey Unveils New CEO and May Launch of Instant Messenger Aggregator.
  • FICO Launches Score Simulator; Adds New CIO Claus Moldt.

The latest from FinDEVr New York 2015 presenters:

  • Celent recognizes EdgeVerve Systems as one of two Model Bank Vendors for 2016.
  • Finovate Debuts: Nexmo Brings Seamless Multi-Factor Authentication to Mobile Banking Apps.
  • Hyperwallet to help expert freelancers on OnFrontiers network get paid.
  • Markit to power Thornburg Investment Management’s enterprise data management solution.
  • Beyond Bank wins Celent Model Bank award for 2016, courtesy of its customer engagement platform from Avoka.
  • PayPal Marks Rollout of PayPal Credit in the UK Expansion with Interest-Free Financing.

Alumni updates:

  • MasterCard unveils new remittance service in Bangladesh with partners, Western Union, bKash, and BRAC bank.
  • Xero and Waddle team up to combine cloud accounting with invoice financing.
  • Finovate Debuts: Envestnet “Advisor Now” Offers Robo-Tools for Wealth Management.

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.

Financial Information Services Provider Markit Merges with IHS

MarkitHomepageFinancial information services provider Markit has merged with analytics company IHS. The transaction was unanimously approved by the boards of directors of both companies and is valued at more than $13 million– a number based on the closing prices of IHS and Markit common stock on March 18.

The two publicly traded companies have combined in an all-share merger. After the transaction closes in Q2 2016, the company will be renamed IHS Markit and will be headquartered in London. Commenting on the merger, Markit CEO Lange Uggla states:

“Together, we will create a global information powerhouse and a platform for innovation that drives future revenue. At the heart of our shared vision is the opportunity to offer our customers a broader and richer content set through both existing and new products that will support their critical decision making and manage regulatory change.”

The newly combined company will have 50,000 customers, including 75% of Fortune Global 500 companies.

Markit offers market data, indices, and pricing information and supplies processing services and software platforms to banks, hedge funds, asset managers, regulators and insurance companies. Tim Burcham, Head of Labs for Markit presented at FinDEVr San Francisco 2015 (video below).

To get a close look at the technology, you can watch Markit’s latest presentation at FinDEVr New York 2016 next week on March 29 & 30. Register here.

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 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:

  • Aerospike unveils version 3.7 of its NoSQL database.
  • Mitek to combine its Mobile Verify solution with fraud prevention and risk management technology from IdentityMind Global.
  • Wallaby’s Chrome 2.0 Provides Access To Credit Card Advice in the Browser.
  • Markit acquires systems integration technology from JP Morgan.

Alumni Updates:

  • VISA launches Consumer Transaction Controls for card-issuing FIs.

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

FinDEVr APIntelligence

FinDEVrNY16-V2(wdate)We’re taking our FinDEVr developer showcase to New York on March 29 & 30, 2016. Register today and save $200 through Friday.

The latest from FinDEVr San Francisco 2015 presenters:

  • Thinking Capital to power new “Staples Business Loans” program for small businesses in Canada.
  • Markit lands three new customers for its KY3P (Know Your Third Party) platform.
  • LandedCost from Avalara Helps SMEs Navigate International Taxes, Tariffs, and Fees.
  • American Banker: OnDeck Capital Adds Former E-Trade Exec to Board.
  • Mitek Partners with Harland Clarke to Improve RDC Security.

Alumni Updates:

  • Online trading platform Investfly integrates with the Tradier brokerage API.

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

FinDEVr APIntelligence

FinDEVr2016-NY-(Stacked)V2

Building a new financial technology? Check out our coverage from our developer conference in San Francisco this fall, and mark your calendars for our spring developer event in New York, March 29 and 30, FinDEVr 2016.

Developer news:

  • BankNXT interviews Stefan Weiss, head of APIs at Fidor Bank, on the APIs, regulation, and expansion.
  • American Banker quotes Simon Redfern, founder of the Open Bank Project, in a look at the drive for open bank APIs in the U.K.

The latest from FinDEVr San Francisco 2015 presenters:

  • Kashoo launches period locking feature to lock data within prescribed timeframes.
  • CenturyLink and Cogent enter into interconnection agreement.
  • Deluxe Corporation celebrates its 100th birthday by ringing the opening bell at the NYSE.
  • Entrust Datacard’s Kurt Ishaug named 2015 CFO of the Year by Minneapolis-St. Paul Business Journal.
  • The TRADE names Markit to its Hall of Fame.
  • Personal Capital lowers investment minimum from $100,000 to $25,000.

Alumni updates:

  • PRUDENA launches online marketplace for stock market research.
  • StockTwits offers brokerage functionality powered by Robinhood.
  • CardFlight announces EMV approval and certifications via TSYS for mPOS solution.

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