One mobile app for all the banks#LAUNCHHackathon 2016

Petr Dvořák Eli SakovCEO at Lime Data Scientist at

Kaliber Labs

Multi-banking app for the Europe

Think “Venmo for Europe”

Why it doesn’t exist yet?

Why Venmo doesn’t work in Europe?

European banking is different …

• Free wire transfers (not “almost free” - free, for “zero”)

• Fragmented banking market (thousands of banks)

• Security up front - authentication + transaction signing

• Either proprietary or no APIs (will change with PSD2)

PowerAuth Server PowerAuth Server PowerAuth Server

Zingly API Server Zingly API Server Zingly API Server

Zingly Multi-banking Hub Server

Bank A Bank B Bank C

Bank

sC

onsu

mer

s • Multiple bank support • Account and transaction history overview • Free wire transfers • Payment to friends (P2P payments) • Context-aware payments

Thank you!

@joshis_tweets