|By Business Wire||
|May 19, 2014 09:25 AM EDT||
Ingo Money, Inc., a provider of immediate, guaranteed funds technologies, announced the availability of its Software Development Kit (SDK). The Ingo Money SDK allows financial institutions and prepaid card issuers to integrate Ingo™ Money’s mobile account funding services into their native mobile apps, enabling consumers and small businesses to receive immediate and non-provisional access to funds from approved checks via iOS and Android devices.
The Ingo Money SDK may be implemented in one of three ways, with varying degrees of server-side integration, co-branding and design customization. Like the Ingo Money app, First Century Bank, N.A., provides all check funding services offered via the Ingo Money SDK.
- The standard Ingo Money SDK implementation is available for free to integrate Ingo Money’s immediate and non-provisional mobile check funding services into any mobile banking or financial servicing app.
- The integrated Ingo Money SDK implementation includes light issuer branding and features single sign-on integration to help automate the customer enrollment process.
- The co-branded Ingo Money SDK implementation supports deeper server side integration to enhance decisioning speed and supports differentiated consumer services. It also provides for a higher level of consistency with native UI design.
“Our goal is to break down barriers that impede the widespread adoption of money movement capabilities across the industry and provide flexible solutions to Ingo Money clients that meet their financial, legal, regulatory and customer experience objectives,” said Drew Edwards, founder and CEO of Ingo Money. “The demand for greater money mobility is increasing rapidly and financial services providers are responding. We are very pleased with industry reaction to our SDK product strategy and the impressive pipeline of Ingo Money clients in the SDK implementation process.”
The Ingo Money SDK enables consumers to access Ingo Money services within their card provider’s mobile app to capture an image of almost any check type up to $2,500 in value and to load funds from approved checks, irreversibly, to a prepaid card, debit card or mobile wallet. For a percentage of the total deposit, customers are provided with immediate access to funds from approved checks. Alternatively, customers can choose to have funds loaded to their account in ten days for no fee if the check is not returned. In either case, funds from approved transactions are immediately available to spend and Ingo Money assumes the risk if a check is returned.
The Ingo Money SDK has been implemented by one of the largest mobile prepaid companies in market, with thousands of cardholders enrolling in Ingo Money via the embedded app. More than a dozen prepaid card providers are in various phases of Ingo Money SDK implementation to provide their cardholders with integrated check funds deposit capabilities within their native mobile banking and servicing platforms.
About Ingo Money
Ingo Money, Inc. facilitates the acceptance of consumer funds from a variety of monetary instruments to originate immediate, non-provisional funding for bank accounts, payment cards and mobile wallets. The only technology solution of its kind in the marketplace, Ingo Money services are essential to providing a convenient source of recurring funds for any payment platform to fuel the consumer adoption of new and existing digital payments. The instantaneous and non-provisional nature of Ingo Money funding transactions means that, regardless of their source, deposited funds are “Good Funds,” available to spend by the account or mobile wallet owner in minutes without risk of future reversal.
Ingo Money, Inc. owns and operates two lines of business. Ingo™ Network Solutions, operated in conjunction with First Century Bank, N.A., is a consumer-direct, mobile account funding network accessible on iOS and Android devices via mobile application and embedded SDK. Ingo™ Enterprise Solutions is a commercial platform that enables banks and alternative financial services (AFS) providers to deliver immediate, non-provisional “Good Funds” services to their customers through any servicing channel.
Headquartered in Roswell, Ga. (and operating a data center and two risk management centers in Georgia), Ingo Money serves many of the largest financial institutions, AFS providers and payment networks as clients.
SYS-CON Events announced today that 910Telecom will exhibit at the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. Housed in the classic Denver Gas & Electric Building, 910 15th St., 910Telecom is a carrier-neutral telecom hotel located in the heart of Denver. Adjacent to CenturyLink, AT&T, and Denver Main, 910Telecom offers connectivity to all major carriers, Internet service providers, Internet backbones and ...
Jul. 29, 2016 06:00 PM EDT Reads: 899
Jul. 29, 2016 05:15 PM EDT Reads: 969
Jul. 29, 2016 05:15 PM EDT Reads: 344
Jul. 29, 2016 04:45 PM EDT Reads: 1,236
Jul. 29, 2016 04:15 PM EDT Reads: 412
Jul. 29, 2016 04:15 PM EDT Reads: 363
Jul. 29, 2016 04:15 PM EDT Reads: 1,076
Jul. 29, 2016 03:15 PM EDT Reads: 642
Jul. 29, 2016 03:00 PM EDT Reads: 428
Jul. 29, 2016 02:15 PM EDT Reads: 367
Jul. 29, 2016 02:00 PM EDT Reads: 1,203
Jul. 29, 2016 01:00 PM EDT Reads: 767
Jul. 29, 2016 01:00 PM EDT Reads: 711
Jul. 29, 2016 01:00 PM EDT Reads: 1,192
Jul. 29, 2016 01:00 PM EDT Reads: 2,109