Dwolla at FinovateFall 2012

FinovateFall 2012 just went down in New York City. If you aren’t familiar with this event, it’s where a lot of banking and financial companies go to show off all of the cool new stuff that they are working on.

This past spring we attended FinovateSpring in San Francisco, where we demoed FiSync. It was truly amazing, all of the small startups and large companies coming together to talk about cutting-edge technology and how we can fix the problems that exist within the industry.

We didn’t have anything to demo this past week, but Dwolla was able to make an appearance through two other innovative companies, for PayTap and ShopKeep both announced integrations with Dwolla. Needless to say, we were thrilled to be incorporated into these totally awesome companies’ demos. And did we mention that they both won Best in Show? Congratulations!

PayTap

PayTap is a bill payment solution. The service gives users the ability to collaborate and contribute to bills and gifts. Simply upload a bill to PayTap, and invite others to help you. This works well for things like siblings contributing to a parent’s living costs, a college student needing financial assistance with bills, or splitting the cost of a purchase on Amazon. PayTap gives visibility to all parties involved, allowing them to keep track of who has paid and avoid late fees. Users can choose any payment method, whether that be credit, debit, PayPal, bank transfer, and now Dwolla, without revealing their account details to their family and friends.

ShopKeep

ShopKeep POS is really bringing it home for merchants. A POS system for the iPad, ShopKeep allows its merchants to ring sales, process credit cards and mobile payments, as well as print and email receipts. Real-time sales can be accessed remotely via smartphone in case a business decision needs to be made while not in store. Inventory and customer database management, as well as ClearInsight reports, are additional features of the ShopKeep POS.

So there it is folks. Two great examples of what an open API can do for technology.

As these integrations roll out into the live environment, we will go more in depth on the technology and just what each has to offer.

Until then, keep building builders.