Disrupt SF 2014

TechCrunch.jpg Disrupt SF Hackathon 2014 Contest

The Opportunity

Be the winning team using the Yodlee Interactive Aggregation API and win Dr Dre Beats Pill speakers (1 speaker for each member of the winning team up to 4) as well as a chance of winning a spot in Yodlee Interactive Incubator Program.

Yodlee Interactive Aggregation API Introduction

Our Yodlee Interactive Aggregation API gives you access to the most robust set of consumer financial data through our powerful financial technology platform which today is leveraged by numerous technology companies spanning the smallest startups (which we help bootstrap via our incubator program) all the way through tech giants like Google, Amazon and PayPal. Mint.com was launched on our platform and our developers have built solutions such as:

  • Personal Finance Management (LearnVest, MoneyDesktop)
  • Credit management (CreditKarma)
  • Student Loan Management (Tuition.io)
  • Pay Day Lending 
  • Divorce Resolution Management 
  • and much more (See a few of our customers' success stories)

The opportunities are limitless with the power of financial data which includes banking, credit, investment, loan as well as insurance, bills and rewards programs. You can build applications in various verticals ranging from credit checks, cross selling opportunities, accounting systems, budgeting, and financial advice to a full blown PFM solution.

What Can You Do with Yodlee Interactive Aggregation API

Yodlee Interactive Aggregation API can be used to develop wide variety of application ranging from small apps used daily by individual users to a full fledge PFM applications which financial institutions all over the world host to their customers. Listed below are few of such examples.

  • Travel – accessing all your travel rewards from a single app (frequent flyer, hotel, car rental).
  • Loyalty – accessing all schemes including credit card for monitoring cashback etc.
  • Investment Advise – Manage user’s all on-line investment accounts.
  • Online accounting - providing business owners with real-time visibility of their financial position in a way that’s simple, smart and secure.
  • SME Lending - online financing solution dedicated to supporting online merchants growth through a sophisticated and automated online platform which provides immediate short-term funding.
  • Budgeting - Bring all your accounts together in one place. They make it easy for you to review, budget and plan your money so you can get on with the things in life you really love.
  • Financial Advice - connect people with the right financial information, product or advice according to your individual requirements.

Check out our winners from previous hackathon or the Capital Mind post on the top 5 ideas of our FinTech hackathon in India to get inspired.

What Data You Can Get Using Yodlee Interactive Aggregation API

The Yodlee Platform intelligently aggregate, cleanse, augment, and store data on behalf of consumers (after obtaining a consumer’s permission and account credentials). Its transaction categorization engine enables categorization of user transactions obtained from users' aggregated data. The transaction categorization engine applies a series of algorithms to associate a transaction with the most suitable transaction category.

The following table illustrates accounts and transaction data returned for each account. Categories are divided into Expense, Income, Transfer, Deferred Compensation and Unknown. Refer to Transaction Categories to see the full list.

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Getting Started

Please go through a list of terms [ here ] for better understanding.

@AnitaHayrapetia and @ashawasthi from our evangelism team will be onsite at the hackathon, so just come by any time for help or for brainstorming.

Mashup Ideas

Leverage our API with other API partners to win big!

  • Build an app that uses Concur itinerary API and Yodlee Interactive API to get transactions related to the trip. A report then can be generated to analyze spend trends.​​ Be the best use of Concur + Yodlee Interactive and win free passes to The Perfect Trip DevCon event worth $99 per ticket for teams (3 tickets per team) to demonstrate your idea onstage.
  • Make financial data a part of everyday work streams especially for small businesses leveraging common tools like Evernote - keeping daily stats in view for that user. You can also take receipts captured in Evernote to reconcile transactions pulled from Yodlee.
  • Add financial news into your solution along with our powerful data leveraging FT Education API from Pearson.
  • Use the CrunchBase API to leverage public investment data with consumer's investment data pulled from Yodlee.
  • Twilio - Use Twilio's API to SMS urgent messages related to a user's financial health pulled from the Yodlee platform.