Kategorie: figo API

Container Love in Times of Regulation: Higher stability, security and scalability through microservice architecture

In the first half of 2019, figo will restructure its technical operation environment. In addition to a further data centre – from currently two to three German data centres in the future, operated by the known subcontractors of iNNOVO Cloud – the infrastructure will be converted to a container-based environment. Accordingly, the figo Banking as a Service API will be evolved into a microservice architecture. To orchestrate the overall solution, Kubernetes will be used.

These measures ensure figo API’s future-readiness with regard to requirements for stability, security, scalability and performance, while at the same time, enabling greater flexibility with increasing use of the service. The conversion has no effect on the continued reliable guarantee, that figo can meet BaFin’s Minimum Requirements for Risk Management (MaRisk) for hosted SaaS setups both as a service provider and as a payment institution.

(more…)

#figoInside: JustOn Billing & Invoice Management with automatic reconciliation of transaction data

Billing and Invoicing becomes easier – thanks to figo partner JustOn

Today we talk to Marko Fliege, founder and CEO of JustOn GmbH, who answers our #figoInside questions.

JustOn was founded in 2010 with the goal of bringing easy-to-use business software to the market, which automates invoice processing and thus enormously simplifies life for companies. Today, with its JustOn Billing & Invoice Management billing software, the company is a leader in the Salesforce platform.

This innovative software digitises accounting, payment and receivables processes for medium-sized companies and can be integrated into existing IT systems. It not only saves time and money on invoice management, but also enables transparent and well-founded evaluation of key performance indicators. Many well-known customers around the world use cloud-based software to bill XaaS business models and consumption data.

In order to offer automatic data reconciliation in payment management under PSD2 without having to apply for a separate registration as an account information service at BaFin, JustOn has been using figo’s RegShield since December 2018.

(more…)

figo RegShield: The first PSD2-compliant product is live in Germany

figo RegShield: The first PSD2-compliant product is live in Germany

figo RegShield: The first PSD2-compliant product is live in Germany

Via Passporting, the company is preparing for the Europe-wide rollout

For three months, Hamburg-based FinTech figo has been a payment institution supervised by BaFin, permitted to offer account information (AIS) and payment initiation services (PIS) – to date the only company in Germany with such authorisation. In the context of the licence, the company has been granted permission to offer a ‘licence-as-a-service’ model: figo RegShield makes it possible for partners to offer their services without having their own registration or licence from BaFin, despite PSD2. In early November 2018, the product went live, with third-party vendors already using the capabilities of RegShield and the first PSD2-compliant services in Germany being conducted with figo.
(more…)

Bankathon # 6: RatePAY wins with #swopp

15,000 euros in prize money, 30 hours of coding time, 24 pitches, 16 sponsors, 7 APIs, 5 winners, 4 theme tracks, 3 days, 2 photographers, 1 camera team and the world’s best barista …

… – all told, that’s exactly what you need to describe the sixth Bankathon, which returned to Frankfurt, with interest in the FinTech and banking hackathon continuing unabated. With the TechQuartier as a location for coding and the Handelsblatt ‘Bank Summit’ as a partner for the final pitches, the orga team was able to offer participants and guests exactly what the Bankathon stands for: a platform where the traditional banking world meet industry newcomers at eye level and have meaningful interactions. Here is a detailed recap of the event including teams.

(more…)

Bankathon #6 Frankfurt: Gold Sponsor Deutsche Bank

Deutsche Bank is Gold Sponsor of Bankathon #6! We are proud that one of Germany’s biggest banks is supporting our event! Also, they are going to provide their API to the participants, so they develop new and creative use cases that rely on it.

Here is what Deutsche Bank has to say about their relationship to figo and the Bankathon:

“With figo we realized our financial planner multibanking and enabled our customers to integrate all their bank accounts to their online- and mobile-banking. Now we are looking forward to the next level and to new challenging ideas and concepts at figo’s Bankathon.”

(more…)

Bankathon #6 Frankfurt: Diamond Sponsor Visa

Today is Visa’s turn. They are Diamond Sponsor of Bankathon #6 and are supporting our event for the fourth time already! Thank you so much for staying with us for such a long time!

They are not only sponsoring the event but they will also provide APIs from their Developer Platform, so the participants can get creative with it. Of course, Visa’s Team will be present during the event and help out any developers regarding their APIs.

Here is what Visa has to say about the Bankathon:

“The Bankathon has established itself as an important event in the calendar of the FinTech industry and underlines the importance of APIs for the world of banks. We are partnering up for the fourth time this year and – just like in 2017 – are going to sponsor our own track. We look forward to creative ideas that spring from the cooperation of banking experts and developers and are excited to see the use cases, that combine APIs of the Visa Developer Platform with interfaces of other players.”

(more…)

Bankathon #6 Frankfurt: Diamond Sponsor Hanseatic Bank

We start this week with the presentation of our Diamond Sponsor Hanseatic Bank. The financial institution was founded in 1969 and is known for its  cooperations with FinTechs and openness to innovation. This makes them the perfect match for Bankathon – which is probably why they are supporting the event for the third time already! We thank you for your continuous support!

Here is what they have to say about the event:

“The cooperation between figo and Hanseatic Bank has existed for years now. We are always happy to support figo’s Bankathon to foster an environment where talented people can create truly useful products and services for customers in such a concentrated approach. We always experience it as a great place for inspiration and valuable networking.”

(more…)

Bankathon #6 Frankfurt: Diamond Sponsor Aareal Bank

Today, exactly one month before Bankathon #6 starts, we introduce our Bankathon #6 Diamond Sponsor Aareal Bank. They are active in Europe, North America as well as Asia and specialise – among other things – in the financing of office buildings, logistics and residential properties as well as shopping centres and hotels.

This is what Aareal Bank has to say about the Bankathon:

“We are happy to be there for the second time after 2016. At Bankathon #6 we want to provide impulses for the design of future services in the banking and real estate sectors and rely on the competence already available in the Group with our own developer teams”.

(more…)

Bankathon #6 Frankfurt: Diamond Sponsor apoBank

Without our sponsors, Bankathon would not be what it is today. We owe them a lot and to show our gratitude, we will present every single sponsor of Bankathon #6 to you. Our Diamond Sponsor apoBank marks the beginning!

The bank focuses on customers that work in healthcare, for example physicians, dentists and pharmacists. Here is what the third time sponsor has to say about Bankathon #6: “Having participated as a sponsor the last few years, we are happy to not only be a diamond sponsor this year but also send our own developer team for the first time. We are looking forward to coding and wish the best luck to all teams.”

(more…)

#figoInside: Pickware introduces its Shopware plugin for automatic comparison of banks

This time on #figoInside: Samuel Vogel, CEO of Pickware. Pickware was released to the public for the first time in 2015, making life much easier for retailers – whether online or in the brick-and-mortar store. Since May 2016, the product has been the official ERP system of Shopware and now operates under the name “Shopware ERP powered by Pickware”. One of its many innovations is a plugin that automatically compares and assigns outstanding invoices and incoming bookings using figo’s technology. This saves online retailers a lot of time, to say nothing of nerves. In the following interview, Samuel Vogel tells us exactly how the idea for the plugin came about, what advice he would give to a bank CEO, and what role figo plays in Pickware.

(more…)