FinDEVr 2014: PayPal Looks at How Wearables are Changing the Payments Landscape

This post is a part of FinDEVr’s live coverage of FinDEVr San Francisco 2014.

Next, PayPal’s presentation focused on how wearables are changing the mobile payment space: 

The Future of Payment Identity

PayPal explored how new identification techniques around wearables, biometrics, and mobile are vastly changing the payment space.

Presenter: Justin Woo, Developer Evangelist

About: The PayPal / Braintree Developer program is the face of technology innovation for the companies. Using an open source technology stack foundation, we are constructing new breeds of payment platforms, API standards, and identity systems to support the next generation of disruptive technology.

Website: developer.paypal.com

Blog: devblog.paypal.com

Twitter: @PayPalDev

FinDEVr Preview: PayPal / Braintree and Forte Payment Systems

Our preview of the upcoming FinDEVr conference continues with a look at two companies whose technologies have become synonymous with payment innovation: PayPal / Braintree and  Forte Payment Systems.

If you’ve missed our earlier previews, check out our previous features on: Yodlee Interactive, TD Ameritrade Institutional, Visa Developers, and MasterCard Developer Zone.

Remember, FinDEVr is less than two weeks away. Get your tickets today and save your spot.

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The PayPal / Braintree Developer program is the face of technology innovation for the companies. Using an open source technology stack foundation, we are constructing new breeds of payment platforms, API standards, and identity systems to support the next generation of disruptive technologies.

Why it’s great for developers:

• Global Payment Platform (25 currencies, 200+ markets)
• Simple Mobile & Web SDKs, in a multitude of languages
• Industry leaders wearable payments, identity & biometrics

Keynote: The Future of Payment Identity

In this session we are exploring how new identification techniques around wearables, biometrics, and mobile are vastly changing the payment space.

Workshop

Making Payments Fun

Whoever said payments were complicated/boring? This is a quick introduction into the world of online payments and how to make it fun and enjoyable for your customer. Whether it be on your smartphone or website, we’ll show you how you can get set up and accept payments quickly.

Presenter:

Justin Woo, Developer Evangelist

Justin Woo is a Developer Evangelist at PayPal and has been programming ever since he got his first IBM XT running DOS. He loves writing mobile applications (especially hybrid-HTML5 applications) and wishes everything could be done in LISP.

LinkedIn

Twitter

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Forte Payment Systems empowers developers to build secure and innovative electronic payment solutions for all platforms whether online, at a physical POS or on the road. Able to provide the modern, robust and powerful options that large companies demand, along with the ease of use, simplicity and affordability for the smallest of operations, Forte redefines the notion of flexibility and scalability.

Why it’s great for developers:

• Single API to enable Credit, Debit and Electronic Check (ACH)
• Unlimited free support and sandbox access
• Tokenization and PCI Compliance

Keynote: Professional Payments Made Easy: Developer to Developer

Enable payments into your application with Forte’s full range of enterprise-class services. Our modern and professional RESTful APIs have been implemented to simplify integrations, yet keep power and flexibility for developers to build massively scalable and distributed payment-enabled solutions.

Workshop

Forte Payment APIs – Deep Dive

This hands-on workshop is focusing on integration using Forte.js, Forte Checkout and Forte’s REST-based APIs. We’ll also discuss our SDKs, which make integration using today’s most popular development languages and mobile OS a snap.

Presenter:

Jeff Thorness, CEO, Founder and Coder

Originally a coder, Thorness wrote the very first line of code to launch the company. With his inspired vision and thoughtful management, Forte has evolved into one of the largest privately-held payment processors in the nation.

LinkedIn

Twitter

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Join us Friday for more of our FinDEVr Preview featuring Silver sponsors, Financial Apps, Avoka, Xero, Incomm, EVO Snap, Xignite, Eshtapay, and the Intuit Partner Program.

Alumni News– September 4, 2014

• ThreatMetrix to provide location-detecting solution help institutions meet the Treasury Office’s international business regulations.

• LifeHacker: ReadyForZero tracks your debt and helps manage your credit score.

• Graphic Packaging Holding selects Taulia to provide its Business Exchange program to optimize the organization’s payables process.

• BiometricUpdate.com features BehavioSec. Come see its presentation at FinDEVr.

• Jane J. Thompson joins OnDeck Board of Directors.

• Wallaby Financial launches Android Wear app.

• PayPal extends fingerprint authentication to Samsung Note 4 and Gear S.

• EverBank partners with FIS to bring PeoplePay to its banking customers.

• Forbes.com features Check among three nightmare-reducing money disruptors.

This post will be updated throughout the day as news and developments emerge. You can also follow all the alumni news headlines on the Finovate Twitter account.

Alumni News– August 29, 2014

• Heckyl to provide real-time news and data analytics courtesy of new partnership with Marketware International.

• Diebold brings deposit automation and cash recycling services to consumers and FIs in Brazil. See Diebold at FinovateFall in September.

• Dwolla makes MassPay official, offers a simpler experience with increased stability, improved reporting, and increased transactions per batch.

• PYMNTS talks with SumUp CEO Daniel Klein, to understand how it views innovation in the mPOS space.

• PayPal launches tool, PayPal Demo, to help developers show merchants the difference between different PayPal payment options.

• CNBC’s National Business Report interviews Scott Goldman, CEO of TextPower.

• American Banker profiles FinovateSpring 2014 Best of Show winner, Stockpile.

• CNET takes a look at Lending Club in the wake of the company’s IPO filing.

This post will be updated throughout the day as news and developments emerge. You can also follow all the alumni news headlines on the Finovate Twitter account.

Alumni News– August 28, 2014

• Pymnts features PayPal’s OneTouch mobile payments app.

• Check out Blooom’s take on 401(k)s…. We can’t stop laughing.

• American Banker considers how banks are looking closely at how BillGuard uses geolocation to prevent fraud.

• Taulia launches SupplierPay.org to help corporations support the White House’s SupplierPay initiative.

• IBM and Monitise expand partnership to combine IBM’s sales and specialist resources with Monitise’s Mobile Money services.

• Pymnts.com feature on lending shares observations on consumer credit from Lending Club.

• Spreedly now serving 70 gateways in 82 countries.

• Forbes column on natural language processing features Narrative Science and Yseop.

• Wired.co.uk profiles BehavioSec in its Stockholm category of “Europe’s hottest startups” in 2014. See BehavioSec at FinDEVr this fall.

• CopSonic joins the FIDO Alliance.

• Markets Media features interview with Avoka CEO Phil Copeland.

This post will be updated throughout the day as news and developments emerge. You can also follow all the alumni news headlines on the Finovate Twitter account.

PayPal’s Braintree’s v.zero SDK Available to International Customers

PayPal’s Braintree announced this afternoon that it has started rolling out its v.zero software development kit (SDK) for international customers. It plans to begin with its core markets, including:

• Australia
• Canada
• France
• Germany
• Sweden
• UK

The remaining tens of thousands of customers spread across 40+ countries will have access to the SDK in the future.

The v.zero SDK, which can be integrated in around 15 minutes, will bring the international customers three key features:

1. Ability to accept PayPal payments without additional integration
2. Simplicity for future developments to help them keep up with the latest innovation
3. An easy-to-integrate, customizable UI

Current international customers include The Exchange Group in Australia and CINQ-S in France.

Braintree demonstrated at FinovateSpring 2013 before it was acquired by PayPal in September of that year. PayPal last demonstrated at FinovateEurope 2012.

If you’re interested in seeing more of Braintree’s SDK, check out its presentations and workshop sessions at FinDEVr this September 30 through October 1.

Alumni News– August 20, 2014

• CUneXus improves loan acceptance by 68% over 2013 for Educational Employees CU.

• With Simple’s 2.0 mobile app update, users can send paper check payments via mobile.

• ID Analytics names Daniel Rawlings as Chief Revenue Officer.

• Essent Guaranty offering lenders access to rate quotes through an interface with D+H’s MortgagebotLOS.

• ThreatMetrix selected as one of CIOReview100s Most Promising Technology Companies.

• EyeVerify and Zumigo selected for Wells Fargo’s accelerator.

• Expensify integrates with Uber’s API to launch SmartRides feature.

• PayNearMe and SIMI partner to offer cash collection services to US government agencies.

• Kony launches MobileFabric to Accelerate Speed of Delivering Great Enterprise Mobile Apps.

• PayPal announces access to its One Touch mobile payment solution. Join PayPal in San Francisco for FinDEVr this fall.

• Cartera Commerce unveils new website.

• Wallaby Financial launches CardBase and The Card Guide, opening its credit card database to the public.

• National Real Estate Investor features Realty Mogul CEO and co-founder, Jilliene Helman.

• Forex Brokerz talks about the beta release of Darwinex’s social trading platform.

• peerTransfer tops $1 billion in international education payments, announces 500th client.

• Bloomberg.com features Venmo, Fiserv’s Popmoney, and Dwolla in column on Millennials and mobile payments.

This post will be updated throughout the day as news and developments emerge. You can also follow all the alumni news headlines on the Finovate Twitter account.

PayPal Announces Access to its One Touch Mobile Payment Solution

For mobile shoppers using PayPal, instant gratification just got a little more instantaneous.

PayPal announced today that it is opening up beta access to its One Touch feature. This feature allows people to pay with PayPal with a single swipe from inside other apps. Initially available only to iOS users, the feature will be accessible for Android users in September when the product is officially launched.

In an interview with VentureBeat, Braintree CEO Bill Ready put “one-touch buying” at the center of what to expect when it comes to payments over the next few years (recall that Braintree was acquired by PayPal in September 2013). Bill believes part of this has to do with the challenge of entering data on mobile devices, especially smartphones. But this initiative also responds effectively to the Prime Directive of E-commerce Innovation: “More Time Shopping, Less Time Transacting.”

The feature is optional, and users have both the ability to opt-in/opt-out, as well as specify which source of funding you want to be used for your One Touch transactions (PayPal balance, linked bank account, or credit card). Calling One Touch payments “the magical experience that every mobile user will come to expect,” Bill may be engaging in a touch of hyperbole. But in a world in which Amazon is increasingly interested in the payments business, it is interesting to see PayPal leverage Braintree technology in order to strike back at Amazon on its own “one-step shopping” turf. 

There will be a handful of merchant apps available initially as part of the developer beta, with other merchants coming on board in the weeks to come.  Soon any developer with access to the Braintree v.zero SDK – and anyone who uses PayPal – will be able to take advantage of One Touch. More information on the technology for consumers and merchants is available here. Developers can find out how to get started, including accessing the SDKs at PayPal’s developer portal.

And speaking of developers, join PayPal at FinDEVr for the company’s presentation on how wearables are changing the payments landscape. The first fintech event for developers, FinDEVr will be held from September 30 to October 1 in San Francisco. For more information, visit our FinDEVr page.

Alumni News– August 19, 2014

• LivePlan launches its Black Widow update to enhance performance monitoring.

• Bank Innovation looks at GoBank’s decision to shorten holding periods for mobile check deposits.

• NICE Systems earns 2014 Star Performer award from Speech Technology magazine.

• Top Image Systems partners with Allied Payment Networks to implement MobiPAY.

• Time features ReadyForZero as 1 of 50 Best Websites for 2014.

• Hiveage compares OnDeck, Kabbage, PayPal Working Capital, & CAN Capital Come see OnDeck at FinDEVr.

• Quisk awarded US patent for enabling consumer activated security for a mobile payment system.

• The Rude Baguette interviews Yseop CEO, John Rauscher.

• New partnership brings Geezeo’s PFM solution to MEA’s native mobile banking platform. See Geezeo at FinovateFall 2014 in New York.

This post will be updated throughout the day as news and developments emerge. You can also follow all the alumni news headlines on the Finovate Twitter account.

Alumni News– August 14, 2014

• Fiserv and DBS win Asian Banker Technology Implementation award.

• Expensify enables in-app report comments to make annotations directly on expense reports.

• Merchants using WordPress now have access to two new payment gateways: Dwolla and PayPal Express Checkout.

• Bank Innovation takes a look at how “Pay with Venmo” will impact mobile e-commerce.

This post will be updated throughout the day as news and developments emerge. You can also follow all the alumni news headlines on the Finovate Twitter account.