PayPal to roll out direct sales of cryptocurrency
Wednesday, June 24, 2020 by Freeman Lightner
Recent reports indicate that Fintech giant, PayPal, plans to roll out direct sales of cryptocurrency to its 325 million users within the next few months. Currently, PayPal can be used as an alternative means for withdrawing funds from exchanges such as Coinbase, but this would be a first in terms of offering direct sales of crypto. Industry sources reported that the com...
SIIA CODiE Awards 2020 nominations are now open
Thursday, November 7, 2019 by Richard Harris
SIIA announced the nomination period for the 35th annual SIIA CODiE Awards. Applications, products and services and other related technologies for use by publishers, information service providers and consumers across the business technology industry are invited to apply between November 4 and January 17.
New categories in 2020
Each year SIIA stakeholders, inc...
Conversational AI for Fintechs is out now from Finn AI and MX
Tuesday, September 24, 2019 by Freeman Lightner
Finn AI, the AI-powered conversational banking technology provider, has announced a new partnership with MX, the data platform for banks, credit unions, and Fintechs. Together, Finn AI and MX will combine the power of clean and enhanced financial data with conversational AI to deliver personalized, digital-first experiences for millions of consumers around the worl...
InApp advertising prices are on the rise says new report
Wednesday, September 4, 2019 by Freeman Lightner
Want to know why it's costing you more to advertise on the mobile platform? Smaato has released results in a new report based on its platform data from the first half of 2019. The Global In-App Advertising Trends report reveals valuable new insights into the programmatic growth of in-app advertising. Smaato found that in-app advertising volumes and prices are soarin...
Two strategic advisors join Findora
Friday, August 16, 2019 by Richard Harris
Findora, the cryptographically transparent public blockchain for building decentralized financial applications, has two new strategic advisors; Balaji Srinivasan, former CTO of Coinbase, and Professor Dan Boneh, Head of Stanford Cryptography.
Prior to joining Coinbase, Srinivasan was General Partner at Andreessen Horowitz, and co-founder of Earn.com,&...
Bitcoin secured enterprise blockchain lands
Wednesday, July 31, 2019 by Brittany Hainzinger
Komodo announced that Antara, an end-to-end “Smart Chain” development framework, has gone live. Antara allows developers to break away from the limitations of today’s single-chain blockchain platform architecture by enabling the creation of simple, scalable, modular, Smart Chains that are secured using the Bitcoin network through Komodo’s Delayed...
Foghorn teams up with Porsche to give drivers a better experience
Wednesday, July 31, 2019 by Richard Harris
FogHorn announced its completion of Program 6 of Startup Autobahn, the largest European innovation platform and accelerator connecting leading automotive organizations with promising startups. FogHorn partnered with sports car manufacturer Porsche during the 100-day challenge to develop a prototype of more secure means for drivers to access vehicles by leveraging real-t...
How cryptocurrencies can help the UK after Brexit
Friday, July 12, 2019 by Richard Harris
Cryptocurrencies such as Bitcoin could play a significant role in reshaping and reinvigorating the UK’s financial services sector post-Brexit.
This is the bold assertion from the CEO and founder of one of the world’s largest independent financial advisory organizations.
The observation from deVere Group’s Nigel Green comes as Britain’s Brex...
Fintech and developers get challenged by Finastra appathon
Thursday, July 11, 2019 by Richard Harris
Finastra has issued a challenge to Fintechs and developers with its first-ever public appathon, inviting anyone with a good idea to build an application that solves a common pain point for North American community banks and credit unions, using its FusionFabric.cloud platform.
Participants will use Finastra’s US Banking APIs, accessible for free on the FusionFa...
More companies want fairness to open source license enforcement
Monday, November 12, 2018 by Richard Harris
Red Hat, Inc. has announced that Adobe, Alibaba, Amadeus, Ant Financial, Atlassian, Atos, AT&T, Bandwidth, Etsy, GitHub, Hitachi, NVIDIA, Oath, Renesas, Tencent, and Twitter have joined an ongoing industry effort to combat harsh tactics in open source license enforcement by adopting the GPL Cooperation Commitment. By making this commitment, these 16 corporate leader...
Blockchain projects will be quietly abandoned says GlobalData
Friday, June 1, 2018 by Richard Harris
Are you starting a new blockchain project but already thinking of calling it quits? New research from GlobalData says many of the early blockchain projects will either be quietly shelved in favor of more traditional approaches or they will evolve in a way which reduces their dependence on blockchain technology in 2018.GlobalData's Thematic Research report, ‘Blockchain -...
New Blockchain API marketplace for devs
Friday, March 16, 2018 by Richard Harris
AIKON has unveiled a new protocol, the Open Rights Exchange (ORE) Protocol, that will enable a global API marketplace on the blockchain, creating a new “economic OS” for developers. Founded by serial entrepreneur and encryption software pioneer Stefan Roever, former political campaign manager and technology entrepreneur Marc Blinder, and seasoned global banking and Fint...
Developing on blockchain needs to become easier
Wednesday, January 10, 2018 by Richard Harris
As we enter 2018 and the blockchain industry continues to boom, widespread adoption of the technology behind bitcoin is on everyone's mind. However, some believe that as long as transactions occur on-chain, blockchain technology will never overcome the scalability problem that has kneecapped its pursuit of mainstream adoption. We recently sat with Emin Mahrt, COO o...
The Gates Foundation chats about Mojaloop
Wednesday, November 1, 2017 by Richard Harris
The Bill & Melinda Gates Foundation has released new open-source software for creating payment platforms that will help unbanked people around the world access digital financial services. The software, called Mojaloop, establishes a blueprint for connecting today’s financial services sector and can be used to overcome the barriers to interoperability that banks and ...
Automated Security as a Service platform by ShiftLeft launches
Monday, October 16, 2017 by Christian Hargrave
ShiftLeft Inc. has introduced an automated Security as a service (SECaaS) for cloud software that creates custom security and threat detection for each application it supports. With ShiftLeft, organizations can now secure their cloud applications as part of their continuous integration pipeline, rather than merely reacting to threats discovered in production. ShiftLeft ...
NoSQL databases can now use Hackolade's CLI
Tuesday, August 8, 2017 by Richard Harris
With GDPR quickly approaching, Hackolade has announced its Command Line Interface (CLI) to help companies with the pending GDPR (General Data Protection Regulation) regulatory compliance (scheduled for May 25, 2018), along with overall corporate data governance needs. The CLI is currently available for the following NoSQL databases: MongoDB, Couchbase, DynamoDB, and Azu...
Developers are most wary of these technologies being hacked
Wednesday, August 2, 2017 by Christian Hargrave
In a new survey by Netsparker Ltd., a provider of web applications security, developers agreed that the government and financial services are the two sectors most vulnerable to hacking and that smart home IoT is the most vulnerable technology.Propeller Insights conducted the recent survey of U.S.-based software developers for Netsparker from July 5-7, 2017.Government mo...
DevSecOps will help security and developers play nice
Thursday, June 15, 2017 by Richard Harris
Veracode, a security software company acquired by CA Technologies, has announced the results of a study examining the relationships between application developers and security teams.The study, conducted in conjunction with Enterprise Strategy Group (ESG), shows that despite the pervasive belief that security and development teams have conflicting priorities, initiatives...
WealthIntel and TAS Group sign letter of intent to develop W$T
Thursday, June 15, 2017 by Richard Harris
WealthIntel and TAS Group announced their execution of a Letter of Intent to join in the development of W$T's payment platform and TAS becoming strategic partner of W$T in card solutions and payment systems.TAS, through its subsidiary in the United States, plans to develop and assist WealthIntel in the implementation of its Intelligent System Method of Payment Finance a...
Personal Financial Wellness API announced at Digital Banking Summit
Wednesday, June 14, 2017 by Richard Harris
Life and technology are becoming inseparable, with services like Amazon Alexa providing on-demand insights and forward-looking advice through the data we willingly provide to them. When it comes to leveraging that data to guide consumers in achieving financial balance and wellness, however, this type of simple, digital personalized guidance is lacking. This is surprisin...
Adopting DevOps should be a top priority for you right now
Wednesday, June 14, 2017 by Richard Harris
As DevOps becomes more mainstream, there has been a rush for companies to implement it and agile workflows. DevOps as a buzzword isn't going away anytime soon, but are companies truly "doing DevOps" to the best of their ability? Sacha Labourey, founder and CEO of CloudBees, a hub of enterprise Jenkins and DevOps, discusses the difference between companies claiming to do...
Many fintech DevOps are not enforcing security
Tuesday, June 6, 2017 by Christian Hargrave
Venafi has announced the results of a study on the cryptographic security practices of DevOps teams in the financial services industry. Cryptographic security risks are amplified in DevOps settings, where compromises in development or test environments can spread to production systems and applications. This is a particular issue for financial services organizations, whi...
Using virtual currency in your game requires compliancy too
Wednesday, February 1, 2017 by Kimberly Culp
So you’re an app developer. Maybe even a mobile, computer, or console game developer. You’ve got a great idea for a new game - an immersive experience where users will interact in a fully realized world, complete with its own economy and virtual currency. Other developers could even create content for users, get paid in virtual currency, and then cash it bac...
Companies in banking and insurance can use data science to survive
Wednesday, January 4, 2017 by Christian Hargrave
Editors note: Guest submission by Florian DouetteauOver the course of many centuries, the banking and insurance industries have developed processes, products and infrastructures that have shaped the economic structure of humankind. But now, they are being challenged by industry outsiders who appeared on the world stage a mere couple of decades ago, and some who eme...
Blockchain, IoT, chatbots, and connected finance: Built.io predicts 2017
Saturday, December 31, 2016 by Richard Harris
Blockchain will play an integral role in improving IoT securityIn 2016 we saw multiple hacks and data breaches, including the massive DNS attack that caused widespread internet outages. This latest attack was a wakeup call to start thinking about security in terms of the Internet of Things (IoT). Because of that, in the next year we’ll start to see more securi...
The complete API toolchain for developers
Thursday, December 15, 2016 by Richard Harris
Postman, provider of a popular API toolchain, announced a major update to its innovative developer product, Postman Pro. Previously in limited release known as Postman Cloud, the product has been rechristened to reflect its more extensive features, numerous integrations and broad appeal.With the product release, developers can leverage the power at every stage of their ...
Vantiv: An open ecosystem approach to integrated payments
Wednesday, December 7, 2016 by Richard Harris
It’s no secret, innovation within the payments industry is at an all-time high and there are no signs of slowing down. By providing developers with the tools to move the payments industry forward, Vantiv looks to be a driving force for growth in the years to come.We recently sat down with Moin Moinuddin, SVP of IP product at Vantiv, to discuss Vantiv’s open-...
Quovo creates a comprehensive API Suite for FinTech
Monday, November 21, 2016 by Christian Hargrave
Quovo has announced the launch of its Account Authentication API. This RESTful API allows developers to instantly connect to financial accounts and verify key account data, helping to confirm account ownership, facilitate payments and cash transfers, and streamline the process of opening and funding new accounts. Together with Quovo's flagship Aggregation API, the Quovo...
Xignite announces the ability to license their Market Data Cloud platform
Tuesday, November 8, 2016 by Richard Harris
The Xignite Market Data Cloud is a cloud-based market data distribution solution that helps exchanges and financial data vendors distribute their data via massively scalable APIs from the Amazon Web Services (AWS) public cloud. The solution allows market data to remain stored in the cloud and be consumed only when, and, as needed. The Xignite solution enables ...
PayStand customers can now certify and notarize payments on the blockchain
Wednesday, October 26, 2016 by Richard Harris
PayStand customers now have the option to certify and notarize payments (from request to receipt) on the blockchain to ensure that the history of payments is secure, independently verifiable, and free of tampering.Typically, certifying payment records are the domain of third party notaries or auditors. The blockchain, however, enables an independent, dec...
Blockchain is gaining momentum in the fintech industry
Monday, October 24, 2016 by Richard Harris
Blockchain is a secure funds transfer system. Essentially, it’s a shared-database technology based around a public ledger of transactions executed using the currency to which it’s connected. The blockchain acts as a permanent record of transactions, with recent transactions moving into a block, and once the block is completed, it is moved into a permanent database. Thes...
How revenue recycling can help you improve capital and fund growth
Tuesday, October 4, 2016 by Martin Macmillan
Almost all app developers face a common financial challenge: Keeping cash flowing during the time between launch of a new app and payout of revenue by the app stores and platform holders.This period of time is referred to in the app economy as the “funding gap.” It’s common in many different industries, especially among manufacturers that have to shell out capital to pa...
Private Cloud Services From Breakthrough Technology Group Goes HyperConverged
Wednesday, September 28, 2016 by Richard Harris
Breakthrough Technology Group (BTG) has confirmed the evolution of its Private Cloud Services to hyperconverged architecture. Based on software-defined storage and software-defined data center, BTG Adaptable Cloud Services provide dedicated, segregated infrastructure and single tenancy in a private cloud. Hosted in its BTG's SSAE 16 certified data centers, Adaptable Clo...
Mobeewave Tells Us About the Challenges With Mobile Wallets
Monday, September 26, 2016 by Richard Harris
Mobeewave is a Montreal-based FinTech company that has developed a patented technology that will enable banks around the world to capitalize on the market for cash-in-hand transactions. Their game-changing payment acceptance platform facilitates in-person, proximity mobile payments and is available as a white label platform-as-a-service (PaaS) technology for the banking...
Why APIs and UserPermissioned Data Are the Next Frontier for Financial Apps
Saturday, July 30, 2016 by Nick Thomas
All eyes are on the financial technology sector this year, as venture capital-backed fintech startups are poised to exceed last year’s funding by 36 percent. Robo advisors, mobile payments, personal finance managers and online lenders, to name a few, are all making waves in the futures of the consumers that use them and the financial institutions that don’t know whether...
