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Alumni News-- July 21, 2014

  • Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Finovate-F-Logo.jpgACI Worldwide announces plans to acquire fraud prevention specialist, Retail Decisions (ReD).
  • Monitise and IBM formalize multi-year partnership to enable broader mobile banking and e-commerce technology adoption.
  • Standard Bank to be first southern African FI to offer MasterPass from MasterCard.
  • American Banker covers how Dwolla payment network enables Google Glass payment technology.
  • PBS Newshour considers how HelloWallet helps users meet their financial goals.
  • InfoWorld: Ping Identity wants to replace sign-ons with smartphones.
This post will be updated throughout the day as news and developments emerge. You can also follow all the alumni news headlines on the Finovate Twitter account.


Alumni News-- July 14, 2014

  • Webster Bank to deploy online banking platform from ACI Worldwide.
  • MasterCard's e-commerce enabler MasterPass launches in Poland.
  • Wall Street Journal features Klarna and its plans for expansion.
  • WSJ features BehavioSec. Get a closer look at BehavioSec at the very first FinDEVr.
This post will be updated throughout the day as news and developments emerge. You can also follow all the alumni news headlines on the Finovate Twitter account.

Alumni News-- July 8, 2014

  • Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Finovate-F-Logo.jpgTop Image Systems signs agreement to acquire cloud-based banking solutions provider, EGistics.
  • Prestadero raises more than $670K in series B funding round.
  • ACI Worldwide to bring electronic billpay to Southern Auto Finance Company (SAFCo).
  • P2Binvestor crowdlends $2 million line of credit to fellow Finovate alum.
  • Mike Branton of StrategyCorps discusses the "three big threes of checking" in CB Insight.
  • Lending Club facilitates $1 billion of loans in Q2 2014, which brings it to a total of $5 billion since its inception.
  • ReadyForZero announces two new resource centers: Get Out of Debt and Auto Loan Resources.
  • First American Credit Union hires Insuritas to launch insurance agency to build non-cyclical fee income.
This post will be updated throughout the day as news and developments emerge. You can also follow all the alumni news headlines on the Finovate Twitter account.

Alumni News-- June 9, 2014

  • Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Finovate-F-Logo.jpgFive Weeks to SixThirty: Accelerator Program Sets July 11th Deadline.
  • VerifyValid announced partnership with Lake Michigan Credit Union.
  • ACI Worldwide's Point to Point Encryption solution adopted by Ecentric Payment Systems in South Africa.
  • Chicago Tribune's Blue Sky Innovation column takes a look at fraud detection innovator, Rippleshot.
  • NYmag features fintech from FinovateSpring 2014.
  • E27 looks at PlayMoolah's Indiegogo campaign.
  • Cortera to bring its business credit risk management to Equipment Street's marketplace.
  • Weight Watchers selects Kony to power mobile point of sale capabilities.
  • CoinDesk interviews Fidor Bank COO Michael Maier on the Munich-based bank's decision to use Ripple Labs to move money.
  • Financial Guard, FutureAdvisor, Betterment, Jemstep, SigFig, and Wealthfront make Kiplinger's Best Online Advisory list.
This post will be updated throughout the day as news and developments emerge. You can also follow all the alumni news headlines on the Finovate Twitter account.
  • Finovate-F-Logo.jpgThreatMetrix wins Judges Choice for Best Overall Fraud/Security Solution at 2014 CNP Awards.
  • HelloWallet acquired by Morningstar in $52.5 million deal.
  • PandoDaily takes a look at Venovate and its platform for enabling alternative investments.
  • Gonzobanker lists five ingredients in his Franken-banking product: all Finovate alums in Q2ebanking, Digital Insight, ACI Wordwide, and Alkami Technology, and Jwaala.
  • Fast Company profiles NICE Systems in a new feature on voice biometrics.
This post will be updated throughout the day as news and developments emerge. You can also follow all the alumni news headlines on the Finovate Twitter account.
  • Finovate-F-Logo.jpgTIO Networks partners with New Jersey's Public Service Electric and Gas Company to set up bill payment kiosks.
  • Pindrop Security and AGNITiO partner to protect call centers as they adapt to an increasingly mobile customer base.
  • Bolstr explains the basics of crowdfunding on NBC Chicago.
  • Loop Wallet app now available on Android.
  • Maps Credit Union chooses ACI Worldwide's online banking platform.
  • Javelin Strategy takes a look at bill pay alternatives to Manilla, including Finovera.
  • BodeTree brings in $2 million in Series A round.
  • SavedPlus, LikeFolio, Wallaby, FutureAdvisor, Simple and Wealthfront earn spots on CNN Money's list of the 15 best financial websites and apps.
This post will be updated throughout the day as news and developments emerge. You can also follow all the alumni news headlines on the Finovate Twitter account.

Finovate Alumni News-- April 29, 2014

  • Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Finovate-F-Logo.jpgFinovateSpring 2014 starts today! Be sure to follow our Live Blog here at Finovate.com, as well as our Live Twitter feed #Finovate.
  • Financial Guard introduces enhanced fee transparency tool.
  • ACI Worldwide to offer its ACI UP Token Manager as Saas for debit issuers.
  • US Bancorp is the first large bank to provide Fiserv's Popmoney Instant Payments. See Fiserv demo at FinovateSpring.
This post will be updated throughout the day as news and developments emerge. You can also follow all the alumni news headlines on the Finovate Twitter account.

Finovate Alumni News-- April 22, 2014

  • ACI Worldwide joins electronic payments standards organization, EPASOrg, as a principal member.
  • Taulia named to 2014 Best Places to Work in the Bay Area List.
  • Silicon Slopes features MoneyDesktop's recruiting efforts.
  • Kapitall launches Klub Kapitall loyalty program with reduced live trading commissions.
This post will be updated throughout the day as news and developments emerge. You can also follow all the alumni news headlines on the Finovate Twitter account.

Finovate Alumni News-- March 12, 2014

  • Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Finovate-F-Logo.jpgFiserv digital banking solutions to be deployed at Finger Lakes Federal Credit Union.
  • ACI Worldwide launches latest version of UP BASE24-eps to enable "any-to-any" real-time payments.
  • Market Platform Dynamics CEO Karen Webster interviews Aron Schwarzkopf, CEO of Leaf.
  • The Guardian ranks Toshl among its top ten free apps for students.
  • Fiserv and MasterCard reach agreement to support adoption of debit EMV technology.
  • PromotedApp features VerifyValid's multi-purpose, electronic checkbook.
  • TechCrunch: SigFig hires Financial Engines exec Steve Lifgren to build out its operations team.
  • The Start reports: Revenue loans like the ones from Lighter Capital are new way for tech firms to raise cash.
  • Actiance launches Socialite Feature Control, a new licensing option, in response to SEC ruling.
  • Credit Sesame launches premium services to better protect people's credit and identity.
  • Cachet Financial Solutions acquires prepaid mobile platform business unit from DeviceFidelity.
  • Top Image Systems launches MobiREMIT, mobile remittance processing to streamline and accelerate payment processing.
  • Guide Financial to provide software for the more than 300 advisory firms in the Garrett Planning Network.
This post will be updated throughout the day as news and developments emerge. You can also follow all the alumni news headlines on the Finovate Twitter account.
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  • Netbanker considers why the BBVA Simple Bank deal is extraordinary.
  • American Association of Motor Vehicle Administrators selects Authentify for NSTIC Trusted Online Identities Pilot.
  • ThreatMetrix wins Most Innovative Anti-Malware Solution and Best Product Network Access Control Solution at 2014 Cyber Defense Mag Awards.
  • Tyfone unveils Fluide mobile banking platform.
  • PayPal to be the first payment provider on the latest Samsung Gear 2 smartwatches.
  • Lendio marks a year of record growth.
  • Kapitall announces $13 million in funding in round led by Linden Venture.
  • Wallaby launches Google Glass payment app.
  • ShopKeep POS wins global Gold Stevie Award for Sales & Customer Service for 2nd year in a row.
  • MasterCard partners with Syniverse to pilot location-based, anti-fraud service.
  • MoadBus to offer Allied Payment Network's PicturePay.
  • ACI Worldwide to power online banking for Trustco Bank.
  • Bankers' Bank to deploy Aptys Solutions' PayLOGICS originating and processing wire service.
This post will be updated throughout the day as news and developments emerge. You can also follow all the alumni news headlines on the Finovate Twitter account.
  • TechCrunch reports: Venmo Now Lets You Find And Pay Other Nearby Venmo Users.
  • Kalixa announces new offices in Sao Paolo and New York.
  • ACI Worldwide's ACI Interchange strengthens support for UnionPay card network.
This post will be updated throughout the day as news and developments emerge. You can also follow all the alumni news headlines on the Finovate Twitter account.
  • Finovate-F-Logo.jpgKabbage expands platform to serve all SMBs: online, brick-and-mortar, and services businesses.
  • Spend Matters interviews Taulia's Markus Ament on its discounting philosophy, e-invoicing, and ERP.
  • Gartner recognizes Backbase CXP as being at the forefront of UX design and mobile development support.
  • Washington Federal picks Fiserv's DNA account processing platform.
  • Digital Mailer adds eight new financial institutions to its My Virtual Strongbox service.
  • Experian launches real-time data sharing service for UK credit providers.
  • Genesis Financial chooses ACI Worldwide to power multichannel call center and eLockbox payment options.
  • LegacyTexas Bank of Plano to work with Digital Insight to deploy online and mobile banking solutions. See Digital Insight demo at FinovateEurope next week.
This post will be updated throughout the day as news and developments emerge. You can also follow all the alumni news headlines on the Finovate Twitter account.

Finovate Alumni News-- January 29, 2014

  • Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Finovate-F-Logo.jpgKensho raises $10 million in seed funding ahead of Finovate debut.
  • ACI Worldwide partners with Integrated Research to launch Prognosis 10 for Payments.
  • TSYS CEO assures his company has no exposure from Target data breach.
  • Fiserv announces availability of its Vantage Risk and Budgeting Manager application as a hosted SaaS option.
  • Prosper selects First Associates to provide backup loan servicing for its P2P lending platform.
  • Feedzai brings its fraud prevention solutions to United States. Come see Feedzai's live demo at FinovateEurope February 11-12.
This post will be updated throughout the day as news and developments emerge. You can also follow all the alumni news headlines on the Finovate Twitter account.
  • Finovate-F-Logo.jpgPersonal Capital "zips past the $350 million mark," reports growth rates of +10% month-over-month.
  • Inc. features Kabbage's growth & how it has extended $200+ mil in funding to SMBs in just 2.5 years of operations.
  • FINalternatives looks at P2P lending growth and evolution, including Lending Club and Prosper.
  • Ovum research report highlights ACI Worldwide's leadership in payment switching industry.
  • MarketWatch features Better ATM Services in report on the next generation of ATMs.
  • CSI globalVCard named a finalist in two categories in 2014 Stevie Awards.
  • RTE News takes a look at Irish fintech startups including CurrencyFair and Trustev. Watch Trustev demo its technology at FinovateEurope 2014.
This post will be updated throughout the day as news and developments emerge. You can also follow all the alumni news headlines on the Finovate Twitter account.

Finovate Alumni News -- January 14, 2014

  • ACI Worldwide announces its point to point encryption (P2PE) solutions now supported by VeriFone, Ingenico, and Equinox.
  • New contract with Advanced Network helps Better ATM Services grow its reseller network.
  • Netbanker reports: Moven Offers Free Ride, but Only to New Uber Customers.
  • Industry analyst Ovum names Backbase a Market Leader for next generation digital banking platforms.
  • Linkable Networks partners with marketing content publishers to form The Linkable Network, its new card-linked shopper marketing network.
This post will be updated throughout the day as news and developments emerge. You can also follow all the alumni news headlines on the Finovate Twitter account.
Thumbnail image for AlliedPaymentLogo.jpg

Since adopting PicturePay, bank and credit union customers of Allied Payment Network have seen 5-15% month-over-month growth in transactions and 10% growth in retention rates for customers who used bill pay. This has taken retention rates as high as 98%.

This is the emerging bill pay landscape as seen from the partnership between Allied Payment Network and Mitek. With more financial institutions offering ways for customers to pay bills, a feature like mobile bill pay helps distinguish those FIs looking to maximize opportunities through the fastest growing transaction channel.

Allied Payment Network notes that half of the customers who use PicturePay never took advantage of online bill pay services in the past. And a big selling point for the technology is the ability to pay using the mobile device's camera rather than having to type out information on a keyboard.

picturepay_homepage.jpg
The company was recently in the news with announcement of its partnership with ACI Worldwide to provide same day bill pay via PicturePay. Among the technology's recent adopters is Ameriana Bank and, this year, Allied Payment Network announced its first credit union to deploy PicturePay.

Allied Payment Network teamed up with Mitek to present its PicturePay solution as part of the FinovateSpring 2013 event in San Francisco. See the company in action here.
  • Finovate-F-Logo.jpgThe Chicago Tribune lists Planwise, SigFig, Jemstep and FindaBetterBank as tools to fix your finances.
  • peerTransfer announces record setting 2013, bringing total customer base to 400 institutions.
  • Tradeshift brings in $15 million of a $57 million equity round.
  • Trustev brings in $500k from Notion Capital, Adding to the $3 Million it Garnered in October.
  • Allied Payment Network teaming up with ACI Worldwide to provide same day bill pay via PicturePay.
  • Klarna acquires Sofort to become 10% of Europe's $100 billion e-commerce market.
  • Les Muma, former Fiserv CEO, to join board of directors of FIS.
  • UAE's Bank of Sharjah to offer CR2's BankWorld-powered mobile banking app.
  • ayondo announces new features including open positions in profile view.
This post will be updated throughout the day as news and developments emerge. You can also follow all the alumni news headlines on the Finovate Twitter account.

Finovate Alumni News-- December 4, 2013

  • BBVA Compass announces launch of BBVA Research iPad app.
  • Bank Innovation column on fintech in Israel features TipRanks and Payoneer.
  • Emida launches Handset and SIM Programs.
  • BancVue and other Credit Unions Help U-Haul Refinance Corporate Debt.
  • Prosper's daily average loan originations grew almost 10% in November over October.
  • The Next Web reports: PayPal launches a digital gift store, featuring Apple as its sole launch partner.
  • City of Gig Harbor Launches on doxo; More than 5% of Residents Go Paperless in the First 90 Days.
  • Forbes: Kabbage Now Uses Square Data to Provide SMB Funding.
  • Mint is now available on Windows 8.1 and Windows Phone 8.
  • btcQuick Bitcoin Exchange working with miiCard to mitigate fraud.
  • EyeVerify interviewed on The Kansas City Power Lunch radio program.
  • IntelliResponse wins bronze in Best in Biz Awards' Most Innovative Product of the Year category for 2013.
  • Intuit to purchase document startup company, Docstoc.
  • American Banker features Zaydoon Munir, founder of RevolutionCredit.
  • ACI Worldwide adds new executives, open new South American HQ in Sao Paolo, Brazil.
This post will be updated throughout the day as news and developments emerge. You can also follow all the alumni news headlines on the Finovate Twitter account.
  • Finovate-F-Logo.jpgAtos to become preferred partner for one of the largest Islamic banks in the world for their solution based Backbase.
  • Yseop Artificial Intelligence Software honored as French National Champion for European Business Awards.
  • Moven, Meniga, GoBank, mBank, MoneyDesktop, BBVA Compass, and CaixaBank make Marous' "Digital Banking Nirvana".
  • American Banker review of new research on e-statement adoption notes role of Check and GMC Software Technology.
  • Charitable givers now able to use Square Cash to donate via Bright Funds.
  • ACI Worldwide extends ATM-powering relationship with VocaLink to 2021.
  • MasterCard now accepted for ATM cash withdrawals at Myanmar's Ayeyarwady Bank Ltd.
This post will be updated throughout the day as news and developments emerge. You can also follow all the alumni news headlines on the Finovate Twitter account.
  • Finovate-F-Logo.jpgMarketWatch mentions BrightScope and FutureAdvisor as two ways to enhance your retirement portfolio.
  • Quippi to use PayNearMe to enable cash payments for its international gift cards.
  • MoneyDesktop launches Client Services product to offer employee training, marketing, tech support & other services to increase ROI PFM investment.
  • Atlanta-based Cardlytics opens first NYC office.
  • The Guardian mentions SumUp in its review of popular mobile apps for business.
  • Finovate alums FIS, Fiserv, ACI Worldwide, Jack Henry Banking, and Temenos earn spots on IDC Financial Insights tenth annual FinTech 100 list.
  • PandoDaily takes a look at Netswipe 2.0, Jumio's payment card scanning solution.
  • Celent reviews Comarch Wealth Management Platform.
  • Ignite Sales launches mobile recommendation guides to accelerate bank customer on boarding.
  • Multicom announces partnership with pre-paid virtual card provider, Ixaris.
This post will be updated throughout the day as news and developments emerge. You can also follow all the alumni news headlines on the Finovate Twitter account.
  • Finovate-F-Logo.jpgLodo debuts D3 Consumer banking multichannel management platform.
  • App Annie's Free Upgrade Brings Advertising and Analytics Onto a Single Platform.
  • CurrencyFair raises $2.5 million from Frontline Ventures.
  • TSYS introduces Merchant Insights to hep customers better monitor and analyze social media data.
  • ACI Worldwide announces completion of Official Payments acquisition.
  • Jim Marous' Bank Marketing Strategy features Mitek in a discussion of "banking innovation for the fat-fingered."
  • Local CBS affiliate in San Francisco highlights crowdfunding, real estate, and Realty Mogul.
This post will be updated throughout the day as news and developments emerge. You can also follow all the alumni news headlines on the Finovate Twitter account.
  • Finovate-F-Logo.jpgBillhighway 3-peats with "Metropolitan Detroit Best and Brightest Company to Work For" 2013 win.
  • BehavioSec awarded DARPA Phase 2 contract.
  • Spend Matters interviews Tradeshift CEO, Christian Lanng.
  • ACI Worldwide embraces Experian Decision Analytics decisioning solution.
  • FIS announces partnership with Australian debit card system eftpos to build payments hub.
  • Quantopian raises $6.7 million in Series A round.
This post will be updated throughout the day as news and developments emerge. You can also follow all the alumni news headlines on the Finovate Twitter account.
  • Taulia announces its Supplier Assurance Initiative, designed to provide services to customers and suppliers within Xign's buyer network.
  • Upstart Business Journal features peerTransfer.
  • Azimo announces $1 million seed round for European expansion.
  • ACI Worldwide launches ACI Bill Presentment Services to ease adoption of electronic billing and invoicing.
  • eDeposit announces that it is now a fully licensed money transmitter in all 50 states.
This post will be updated throughout the day as news and developments emerge. You can also follow all the alumni news headlines on the Finovate Twitter account.
ACIWorldwide.jpg

The decision to buy Official Payments helps make ACI Worldwide an even bigger player in the field of EBPP (Electronic Bill Presentment and Payment), according to President and CEO Philip Heasley.

Heasley specifically cited Official Payment's loyal user base among federal, state, and local governments, as well as higher education institutions, utilities, and charities in the acquisition announcement. The deal prices Official Payments at $8.35 per share for a total enterprise value of $109 million.

Some additional metrics on Official Payments:
  • More than 3,000 customers
  • More than 100 million end users
  • More than 20 million payments processed each year
  • More than $9 billion in payment volume processed each year
ACI Worldwide supports the banking and electronic payment needs of more than 2,600 financial institutions, retailers, and billers. Processing transactions for more than 250 of the world's largest retailers and 18 out of the 20 largest banks, ACI Worldwide facilitates $13 trillion in daily payments.

ACI was a part of the FinovateFall show in New York in 2011, demoing their Mobile Enterprise Banker for Tablets technology. See the company's presentation here.

Finovate Alumni News-- September 23, 2013

Finovate-F-Logo.jpg
  • ACI Worldwide acquires Official Payments.
  • MasterCard teams up with Basware to help companies migrate from paper-based payments.
  • KlickEx takes home Top Startup prize at Swift's Innotribe Challenge.
  • Crains NY Business looks at Float Money, Socure, and Capital Access Network.
  • Western Independent Bankers selects Q2 as preferred vendor for virtual banking solutions.
This post will be updated throughout the day as news and developments emerge. You can also follow all the alumni news headlines on the Finovate Twitter account.

Finovate Alumni News-- September 18, 2013

  • FinovateLOGO.jpgKalixa Group to provide payment services to Italian gaming services provider, Sisal.
  • ACI Worldwide recognized as fastest growing biller direct electronic bill payment provider by Aite Group.
  • Manilla tops 15 million bills and statements delivered.
  • Netbanker reports: Simple Revamps Homepage http://bit.ly/16j6SsM
  • 200 Financial institutions adopt Lodo Software's PFM.
  • Jumio adds facial detection to Its web and mobile identify verification service, Netverify.
  • MyBankTracker looks at MoneyDesktop's uncluttered visualization of financial goals.
  • The Business Review blog highlights Dynamics' partnership with Key Bank. 
  • TIO Networks forms partnership with Cowlitz Public Utility District.
  • Gartner names Backbase a Visionary Portal Software Vendor for the third year running.
  • Tradeshift Collaborative Workflow wins this year's AP Innovative Technology of the Year Award.
  • Check partners with Irvine Ranch Water District to provide billpay and tracking for IRWD customers.
This post will be updated throughout the day as news and developments emerge. You can also follow all the alumni news headlines on the Finovate Twitter account.

Finovate Alumni News-- August 8, 2013

  • FinovateLOGO.jpgKofax announces completion of Kapow Technologies acquisition.
  • ACI Worldwide cites role of their Universal Payments Platform in net new bookings growth for 2013 in this week's Q2 report.
  • The New York Times looks at Lending Club, Prosper, Zopa, On Deck, SocietyOne, and Kabbage as significant lending platforms.
  • Finextra reports: PayPal trials new geolocation payment service in London.
  • Leadfusion launches new RESPONSE interface for Premium Financial Tools.
  • Finect Founder Jennifer Openshaw moderates Best Practices in Compliant Social Media webinar. See Finect demo at FinovateFall 2013 in New York.
This post will be updated throughout the day as news and developments emerge. You can also follow all the alumni news headlines on the Finovate Twitter account.
  • Finovate-F-Logo.jpgKeyBank names ProfitStars software operations strategic partner of the year.
  • Payment Eye interviews Currency Cloud CEO, Mike Laven.
  • Checkpoint Technologies partners with Mobile Labs.
  • Zopa sets record for P2P Lending in UK, amassing a total £20m lent for July.
  • ACI Worldwide again wins SWIFT Certified Application accreditation for its ACI Money Transfer System.
  • Meet the Innovators of FinovateFall 2013.
  • Kabbage announces it's made 80k advances over 2 years, with an advance volume 4X higher than nearest direct competitor.
This post will be updated throughout the day as news and developments emerge. You can also follow all the alumni news headlines on the Finovate Twitter account.
  • Finovate-F-Logo.jpgPennsylvania-based First National Community Bank selects a core banking system from Fiserv.
  • Check Point Software launches 13000 Appliance solution set for high-performance data center cyber security.
  • Accounting and advisory firm William Buck and Xero partner to offer clients Xero as accounting solution of choice.
  • StreetFight Magazine features case study of ShopKeep POS use in cupcake bakery.
  • IntelliResponse announces VAR partnership with Australia-based BolderView.
  • SeedInvest CEO Ryan Feit talks with the Street.com about the effect of fund advertising rule changes on crowdfunders.
  • Built in Chicago blogger profiles Pangea Payments and the trillion dollar remittance market.
  • 2013 Payment Hub report names ACI Worldwide "Best in Class" in payments capability.
  • InComm Launches Pre-Top to Expand Availability of Prepaid Solutions.
  • TransferWise featured in American Banker column on the growing online/mobile payments business. 
This post will be updated throughout the day as news and developments emerge. You can also follow all the alumni news headlines on the Finovate Twitter account.
ACIWorldwide.jpg

ACI Worldwide's expansion into Asia just reached a new milestone.

The company's ACI Universal Online Banker and Global Trade Manager will be put to work powering the regional Internet and mobile banking platform of Singapore-based, DBS.

The platform, DBS IDEAL 3.0 helps businesses better manage their cash and trade transactions. Additionally, IDEAL 3.0:

  • Is used by more than 160,000 corporate customers in more than 100,000 institutions
  • Operates in Singapore, Hong Kong, China, India, Indonesia, Taiwan, and the United Kingdom
  • Processes more than 40 million transactions each year
DBSlogo.jpg
DBS has more than 250 branches in 15 markets. With more than 4 million customers, the bank has won Global Finance's "Safest Bank in Asia" five years in a row from 2009-2013.  The company has 18,000 employees, and was founded in 1968 as the Development Bank of Singapore.

ACI Worldwide develops payment systems products for retail and wholesale banking, as well as retail businesses. The company serves more than 2,600 financial institutions, processing $12 trillion in payments daily. This includes transactions for 16 of the world's top retailers, and all but one of the world's 25 biggest banks.

ACI Worldwide demonstrated its Mobile Enterprise Banker for Tablets technology at FinovateFall 2011. See the company in action here.
  • Finovate-F-Logo.jpgSimple celebrates first birthday with $1 billion in annual transactions.
  • Lendio will connect SMBs with ProfitStars' BusinessManager solution and LendingNetwork program.
  • 3Rivers is the first credit union to deploy Allied Payment Network's PicturePay mobile billpay solution.
  • ACI Worldwide partners with DBS to deliver online banking platform to corporate clients in Asia.
  • Payments Source reports: Virtual Piggy Enables Payments for Toy Robot Seller.
This post will be updated throughout the day as news and developments emerge. You can also follow all the alumni news headlines on the Finovate Twitter account.
  • FinovateLOGO.jpgACI Worldwide announces latest version of ACI Acquirer, the company's multi-currency merchants management system.
  • Mitek wins patent for its technology that lets customers transfer credit card balance using their mobile device.
  • BBVA Ventures investment helps SumUp plan for South American expansion.
  • GoBank's mobile-first bank accounts now available through Rite Aid.
  • Monitise VP of mPOS Tim Corke talks mobile point-of-sale in video interview with Finextra.
This post will be updated throughout the day as news and developments emerge. You can also follow all the alumni news headlines on the Finovate Twitter account.
  • FinovateLOGO.jpgProfitStars launches Gladiator eBanking Compliance Services.
  • IntelliResponse announces release of VOICES, virtual agent technology that captures consumer data from client interactions.
  • GoBank emerges from beta, mobile app now available on iOS.
  • ACI Worldwide launches Proactive Risk Manager to combat account takeover and ACH/wire fraud.
  • Check out Stockr's winning video at Splash LA May 2013.
  • ReadyForZero announces new credit score and mortgage resource centers.
  • Lending Club CEO Renaud Laplanche named 2013 Ernst & Young Entrepreneur Of The Year award winner.
This post will be updated throughout the day as news and developments emerge. You can also follow all the alumni news headlines on the Finovate Twitter account.
  • Cardlytics granted patent to deliver targeted marketing offers through its network of nearly 400 banks.
  • PYMNTS.com interviews SumUp's managing director, Stefan Jeschonnek regarding Groupon and Amex's recent investment.
  • Talkapolis interviews iQuantifi founder & CEO Tom White.
  • World's largest online shoe company deploys Taulia's cloud-based solution.
  • UK-based Nutmeg appoints Lee Cowles as its new managing director.
  • Lending Club expands offices in San Francisco.
  • TSYS signs long-term, consumer credit card payment processing agreement with KeyBank.
  • ACI Worldwide to provide online banking, bill pay, and mobile banking services.
This post will be updated throughout the day as news and developments emerge. You can also follow all the alumni news headlines on the Finovate Twitter account.
ACI_logo.jpg

It's been a week of announcements and new initiatives from ACI Worldwide. Here's a round-up of what the Florida-based payments systems innovator has been up to in just the past seven days.

Issue Multiple Cards of Different Types in Less Time

Last Wednesday, ACI announced the latest version of ACI Issuer. The solution provides a single platform for credit, debit, pre-paid, and contactless card management.

The latest version includes flexible, rule-based product definition, and promises an easy integration with online channels. ACI Issuer 4.4 is multi-language, multi-institution, and multi-currency.

All Things to All Channels, All Currencies, All Networks

The goal of ACI Universal Payments Platform is to make it easier for financial institutions to adapt to changes in the industry. This includes everything from new regulatory developments to the challenge of mobile commerce.

ACIUPP-art.jpg

Universal Payments Platform integrates all aspects of payment processing, regardless of type, currency, channel or network. It is geared toward helping organizations bring new products to market, achieve a better view of their customer and business data, and respond to changing regulations and compliance needs.

Online Banking Goes Mobile

Bringing personal finance management, integrated bill payment, and account-to-account transfers to iOS and Android smartphones are the main attractions of ACI's Architect Mobile Banking feature. The launch of the solution helps the company bridge the distance between online banking and the potential for growth in banking via mobile devices. 

ACI partners with more than 1,700 financial institutions and payment processors globally. Driving $13 trillion in payments daily, the company processes payments for more than 250 of the world's leading retail businesses, and 18 of the biggest banks. 

ACI Worldwide has been a Finovate alum since 2011, when they participated in FinovateFall. See them demo their Mobile Enterprise Banker product, in collaboration with MShift, here.

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This post will be updated throughout the day as news and developments emerge. You can also follow all the alumni news headlines on the Finovate Twitter account.

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