Ingo Money Inc. on Monday announced in a press release the availability of its software development kit that 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, according to a press release. Like the Ingo Money app, First Century Bank, N.A., provides all check funding services offered via the Ingo Money SDK.

• 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 company said in the press release.
• 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.

"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," Drew Edwards, founder and CEO of Ingo Money, said in a statement. "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 process."

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, according to the press release. 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 10 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.

Ingo said the 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.