Welcome!

News Feed Item

Ingo Money Announces a Software Development Kit (SDK) Product Line Allowing Issuers to Integrate Ingo’s Check Funding Services into their Mobile Apps

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.

Learn more at ingomoney.com or contact Chez Echeverri at [email protected].

More Stories By Business Wire

Copyright © 2009 Business Wire. All rights reserved. Republication or redistribution of Business Wire content is expressly prohibited without the prior written consent of Business Wire. Business Wire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
"MobiDev is a software development company and we do complex, custom software development for everybody from entrepreneurs to large enterprises," explained Alan Winters, U.S. Head of Business Development at MobiDev, in this SYS-CON.tv interview at 21st Cloud Expo, held Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA.
Agile has finally jumped the technology shark, expanding outside the software world. Enterprises are now increasingly adopting Agile practices across their organizations in order to successfully navigate the disruptive waters that threaten to drown them. In our quest for establishing change as a core competency in our organizations, this business-centric notion of Agile is an essential component of Agile Digital Transformation. In the years since the publication of the Agile Manifesto, the conn...
Major trends and emerging technologies – from virtual reality and IoT, to Big Data and algorithms – are helping organizations innovate in the digital era. However, to create real business value, IT must think beyond the ‘what’ of digital transformation to the ‘how’ to harness emerging trends, innovation and disruption. Architecture is the key that underpins and ties all these efforts together. In the digital age, it’s important to invest in architecture, extend the enterprise footprint to the cl...
Leading companies, from the Global Fortune 500 to the smallest companies, are adopting hybrid cloud as the path to business advantage. Hybrid cloud depends on cloud services and on-premises infrastructure working in unison. Successful implementations require new levels of data mobility, enabled by an automated and seamless flow across on-premises and cloud resources. In his general session at 21st Cloud Expo, Greg Tevis, an IBM Storage Software Technical Strategist and Customer Solution Architec...
"We work around really protecting the confidentiality of information, and by doing so we've developed implementations of encryption through a patented process that is known as superencipherment," explained Richard Blech, CEO of Secure Channels Inc., in this SYS-CON.tv interview at 21st Cloud Expo, held Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA.
Data is the fuel that drives the machine learning algorithmic engines and ultimately provides the business value. In his session at Cloud Expo, Ed Featherston, a director and senior enterprise architect at Collaborative Consulting, discussed the key considerations around quality, volume, timeliness, and pedigree that must be dealt with in order to properly fuel that engine.
"We were founded in 2003 and the way we were founded was about good backup and good disaster recovery for our clients, and for the last 20 years we've been pretty consistent with that," noted Marc Malafronte, Territory Manager at StorageCraft, in this SYS-CON.tv interview at 20th Cloud Expo, held June 6-8, 2017, at the Javits Center in New York City, NY.
Effectively SMBs and government programs must address compounded regulatory compliance requirements. The most recent are Controlled Unclassified Information and the EU's GDPR have Board Level implications. Managing sensitive data protection will likely result in acquisition criteria, demonstration requests and new requirements. Developers, as part of the pre-planning process and the associated supply chain, could benefit from updating their code libraries and design by incorporating changes. In...
Two weeks ago (November 3-5), I attended the Cloud Expo Silicon Valley as a speaker, where I presented on the security and privacy due diligence requirements for cloud solutions. Cloud security is a topical issue for every CIO, CISO, and technology buyer. Decision-makers are always looking for insights on how to mitigate the security risks of implementing and using cloud solutions. Based on the presentation topics covered at the conference, as well as the general discussions heard between sessio...
IoT is rapidly becoming mainstream as more and more investments are made into the platforms and technology. As this movement continues to expand and gain momentum it creates a massive wall of noise that can be difficult to sift through. Unfortunately, this inevitably makes IoT less approachable for people to get started with and can hamper efforts to integrate this key technology into your own portfolio. There are so many connected products already in place today with many hundreds more on the h...
Andi Mann, Chief Technology Advocate at Splunk, is an accomplished digital business executive with extensive global expertise as a strategist, technologist, innovator, marketer, and communicator. For over 30 years across five continents, he has built success with Fortune 500 corporations, vendors, governments, and as a leading research analyst and consultant.
No hype cycles or predictions of zillions of things here. IoT is big. You get it. You know your business and have great ideas for a business transformation strategy. What comes next? Time to make it happen. In his session at @ThingsExpo, Jay Mason, Associate Partner at M&S Consulting, presented a step-by-step plan to develop your technology implementation strategy. He discussed the evaluation of communication standards and IoT messaging protocols, data analytics considerations, edge-to-cloud tec...
Today we can collect lots and lots of performance data. We build beautiful dashboards and even have fancy query languages to access and transform the data. Still performance data is a secret language only a couple of people understand. The more business becomes digital the more stakeholders are interested in this data including how it relates to business. Some of these people have never used a monitoring tool before. They have a question on their mind like “How is my application doing” but no id...
Announcing Poland #DigitalTransformation Pavilion
Digital Transformation is much more than a buzzword. The radical shift to digital mechanisms for almost every process is evident across all industries and verticals. This is often especially true in financial services, where the legacy environment is many times unable to keep up with the rapidly shifting demands of the consumer. The constant pressure to provide complete, omnichannel delivery of customer-facing solutions to meet both regulatory and customer demands is putting enormous pressure on...