Integration provides instant access to check funds within a native
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.
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.
“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
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
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 firstname.lastname@example.org.
For Ingo Money
Michael Touchton, 678-781-7215
Source: Ingo Money, Inc.