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Alumni News-- January 28, 2015

  • Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Finovate-F-Logo.jpgEasier Finance features Azimo in its list of the top money saving apps for 2015.
  • The Blog writes about how Global Debt Registry can help consumers track down old debts.
  • Sonavation hires Karl Weintz as president and CEO.
  • Jim Siegienski of iQuantifi wins "CTO of the Year" award from 2014 Nashville Technology Council.
  • Fenergo earns top 100 ranking among risk technology providers according to Chartis.
  • CheBanca! to deploy digital banking platform from Backbase.
  • Insuritas to provide Tulsa FCU with insurance agency solution inside Tulsa's existing insurance agency platform.
  • My Bank Tracker lists Expensify as 1 of 6 best apps for preparing your tax return.
  • Intuit and Uber partner to enable Uber drivers to import their earnings into the QuickBooks software.
  • ThreatMetrix enhances multi-factor authentication solutions for financial services institutions.
  • Credit Sesame and Identity Theft Council bring identity theft awareness to 100 cities.
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-- January 7, 2015

  • Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Finovate-F-Logo.jpgGreen Dot boosts CTO Kuan Archer to Chief Operating Officer.
  • Algomi announces Jesper Bruun-Olsen as new head of Asia-Pacific operations.
  • LendingTree parent company, Tree, to change corporate name back to LendingTree.
  • New York Daily News coverage of financial advisor, Nicole Lapin, references Toshl Finance.
  • European CEO publishes an extended feature on ayondo.
  • American Banker considers how Larky offers geolocation-based offer services to community banks.
  • KissMyAds partners with Payoneer to receive funds through Payoneer MasterCard.
  • ABC News features Betterment and Wealthfront to help investments.
  • AboutThatRatio names Dwolla, Wealthfront and Kabbage as 3 fintech companies to watch.
  • How Backbase Engage Upgrades Banks' Digital Channels.
  • Coinbase redesigns iOS and Android wallet apps.
  • SigFig Starts 2015 with New Mobile Features, Refreshed Look.
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.

If you attended FinovateFall a few months ago, you likely saw Backbase's demo where it launched Backbase Engage. This new offering delivers omni-channel digital banking to regional banks and credit unions. The Backbase Open Marketplace bridges the gap that small financial institutions often face between their dated core banking system and newer fintech solutions.

Company facts

Backbase Engage

Customer Experience Platform
Backbase Engage stems from Backbase's Customer Experience Platform (CXP) which, originally, was only accessible to large banks. The CXP (see a live demo here) is a widget-based customer portal that enables banks to customize their online banking appearance and function, as well as edit and design targeted offers to create a seamless customer experience across all devices.


Backbase Engage
Smaller banks with outdated core banking providers can benefit from a one-size fits all solution in order to work with their legacy system. Backbase Engage upgrades institutions' existing systems by providing a new digital banking solution, working on any device and channel. It runs on the FI's existing core banking stack, and enables the institution to integrate new functionality from providers in the Open Banking Marketplace. At the same time, it offers full control to the FI to manage the user experience with the integrated CXP features and Visual Editor.


The appeal of Backbase Engage stems from its modular and turnkey approach that enables banks to select from a wide variety of widgets.

To enable a high level of customization, the widgets draw from multiple sources and are made possible by APIs. For example, a bank may use Google Maps' API for an ATM and branch locator. Backbase's Open Banking Marketplace makes other services available through APIs from an array of fintech companies.

Open Banking Marketplace

The Open Banking Marketplace hosts APIs from Backbase's fintech partners to give FIs access to their services. Launching partners in the Marketplace include:


BehavioSec, a behavioral biometrics security solution
Watch its FinDEVr 2014 demo video.


Cardlytics, a card-linked marketing provider
Watch its FinovateFall 2013 demo video.


Geezeo, a PFM and small business financial management solutions provider
Watch its FinovateFall 2014 demo.


iPay, an online payment gateway for global ecommerce businesses
iPay demonstrated its Small Business Suite at Finovate 2009.


miiCard, an online identity verification service
Watch miiCard's FinovateFall 2013 demo.


MX, an online money management and PFM tool
MX last demonstrated at FinovateFall 2014 where it won Best of Show.


Strands, a PFM solutions provider
Strands will demo at the upcoming FinovateEurope 2015 conference in London.


Other partners:

    • Ensenta, cloud-based imaging technology for mobile RDC risk mitigation
    • Payveris, a digital money movement solution provider

Since FinovateFall, Backbase has added partners (who are confidential at this point) and is looking for more. While most fit in the security, PFM, and loyalty categories, Backbase is not necessarily looking for partners in specific verticals. Rather, it wants to connect best of breed providers that deliver quality solutions to FIs across the globe.

Though this post focuses on retail banking, Backbase Engage also works for small business (commercial) banking, insurance, and wealth management verticals.

Growth and 2015

Since launching in 2003, Backbase has experienced rapid growth across the globe, including signing major banks in North America, the European Union, and Asia Pacific regions. It has also opened offices in the largest financial hubs around the world. In 2014, Backbase's revenue grew 40% and it projects the same growth trajectory in 2015.

Backbase most recently demoed at FinovateFall 2014 and will showcase its newest offering at FinovateEurope 2015 in London.

Alumni News-- December 10, 2014

  • Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Finovate-F-Logo.jpgNCR to sell new mobile imaging solutions from Mitek.
  • Backbase teams up with Accenture to help FIs improve customer engagement through digital channels.
  • Dwolla announces role as payment partner for Microsoft for Government initiative.
  • Australia-based ME Bank deploys core banking system, business intelligence, and anti-money laundering solutions from Temenos.
  • MasterCard launches MasterPass in France and Russia.
  • Finovate Debuts: eMoney Advisor Provides Financial Advisors with a Suite of New Planning Tools.
  • Independent Financial Advisor takes a look at Motif Investing and Wealthfront.
  • Xero reaches 400,000 paying customers.
  • Entersekt responds to FIDO Alliance's U2F specifications with its FIDO U2F-enabled authentication solution, Transakt.
  • Fintech for the Rest of Us blog mentions PayStand over PayPal and Stripe for bitcoin payments.
  • PayItSimple integrates with 30 more payment gateways in collaboration with Spreedly now integrated with approximately 70% of all gateways in the US.
  • Payfone and Early Warning partner on mobile authentication. 
  • Marlborough Savings Bank now offers Kasasa to enhance checking account offering.
  • Spend Matters reports: Receivables Exchange the largest of the Online Invoice Auction Exchanges.
  • Arxan announces enhanced mobile runtime app self protection (RASP) capabilities.
  • Lendio named One of Utah's Best Companies to Work For in 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.

Alumni News-- November 18, 2014

  • Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Finovate-F-Logo.jpgCoinbase to introduce bitcoin tip button to enable micropayment acceptance online.
  • Venmo users can now log in using both bank ID and Touch ID.
  • TechWeek Europe takes a look at Arxan Technologies' State of Mobile App Security report.
  • Malaysian Digest features Azimo in a discussion on the revolution in the money transfer industry.
  • Dough Roller interviews iQuantifi CEO and Co-Founder, Tom White.
  • Business News Daily quotes Igor Gonta, CEO of Market Prophit on the importance of having a social media strategy.
  • PostFinance AG's Monexio selects Mobino platform to help develop its own digital payment solutions.
  • SK Planet wins first prize at KPRA Awards 2014 for its filter program, Flitter.
  • Hiscox launches new digital insurance platform powered by Backbase CXP.
  • PayPal challenges Apple Pay with an app for the Pebble smartwatch.
  • The European Commission approves Tradeshift data format for government purchasing.
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-- October 22, 2014

  • Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Finovate-F-Logo.jpgProfitStars introduces new image capture technology with Alogent Interactive Capture.
  • iQuantifi opens its cloud-based virtual advisor platform to financial institutions.
  • Swiss-based PostFinance launches new digital banking platform powered by Backbase.
  • CIO Review names Authentify 1 of the 20 more promising educational tech solution providers.
  • Temenos further expands its US operations.
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-- October 14, 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.jpgFinovate Debuts: Malauzai Software.
  • Cross County Savings Bank to deploy DNA account processing platform from Fiserv.
  • Apps from MasterCard and Deluxe earn spots in PaymentsSource's "8 Wallet Apps That Go Beyond Payments."
  • Arxan and Xamarin extend Mobile Application Protection to developers.
  • Coinbase hires former Sr. adviser to Homeland Security & Gov'tl Affairs Committee, John Collins, to head gov't affairs.
  • interviews's Ron Suber regarding CFGE, Peer-to-Peer Lending and Working with Big Banks.
  • RBS partners with Taulia to offer dynamic discounting with e-Invoicing to corporate customers.
  • Backbase named a visionary in the Gartner's Magic Quadrant for Horizontal Portals 2014.
  • Holvi accounts now use International Bank Account Numbers (IBANs).
  • Forte Payment Systems announces new partnership with The Master's Touch, LLC to power eNoticesOnline bill presentment service.
  • Visa Europe partners with edo to make its performance marketing platform available to 500 million European bankcards.
  • Xignite teams up with FactSet to provide fundamental market data from the cloud.
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.
This post is part of our live coverage of FinovateFall 2014.

Backbase showed how Backbase Engage can help smaller financial institutions take control of their digital strategy, and how Backbase Marketplace can connect them with vendors:

"Backbase is launching Backbase Engage. Backbase Engage is a complete digital banking solution that's out-of-the-box ready and designed to meet the needs of regional banks and credit unions. With Backbase Engage, banks regain control over their digital strategy. Backbase Engage's easily extensible structure revolutionizes the traditional digital bank delivery model by empowering banks to make their own strategic choices instead of being locked in to those made by core banking vendors. 

Alongside Backbase Engage, Backbase is launching the Backbase Marketplace, an open marketplace for banks to connect with vendors who have come together to offer freedom of choice to banks and credit unions looking to regain control over their digital strategy."

Presenting: Peter Chapman, Fintech Strategist and Jelmer de Jong, Global Head of Marketing

Product Launch: September 2014
Metrics: Privately funded, 200+ employees, offices in New York, Atlanta, Amsterdam, London,
Product distribution strategy: Through financial institutions, licensed

HQ: New York, NY
Founded: April 2013
Twitter: @backbase

FinovateFall 2014 Sneak Peek: Part 2


If you missed the first installment of our FinovateFall 2014 Sneak Peek series, click here for Part 1.

A few days ago we introduced you to BizEquity, Gremln, Hoyos Labs, Knox Payments, NopSec, and Rippleshot. Today we present another six companies that will be demoing on stage in New York in September.

FinovateFall 2014 is live in New York City on September 23 and 24. And with last year's show a sell-out, we're expecting even bigger things in 2014. So save your spot at this year's show; click here to register today.

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Backbase is a software company helping banks in the digital era.


    • Beautiful digital banking experience for end customers
    • Full control over the digital strategy by the bank
    • Backbase Marketplace to unite vendors and banks looking for fintech innovation
Why it's great: 

Backbase Engage helps banks regain control over their digital strategy.


Peter Chapman, Principal FinTech Strategist
Before joining Backbase, Chapman worked as VP emerging technologies at First Trade Union Bank. Frustrated by the lack of control of the banks to own their digital future, he joined Backbase to fix this.

Jelmer de Jong, Global Head of Marketing
De Jong focused his career on helping companies get the most out of new technologies. He has a strong focus on startups, B2B, product management and marketing.

 provides innovative online fraud-prevention solutions that dramatically reduce friction and fraud, giving customers confidence to expand their business.


The Cognitive Biometrics technology enables BioCatch to detect intruders, bots, and fraudsters.

Why it's great:

BioCatch: Less friction. Less fraud.


Uri Rivner, Co-Founder and VP Business Development & Cyber Strategy
Rivner is recognized globally as an industry expert on Cybercrime and advanced threats. He is a regular speaker in the leading Security and Cyber conferences, and writes a cyber-security blog.

 has developed a revolutionary way to open the eyes of 401(k) investors, by outsourcing the management of their 401(k) accounts, regardless of where custodied.


  • We don't use complicated charts or line graphs with a gazillion indecipherable colors
  • We make it easy to operate (no Ph.D in Finance required)
  • We rebalance the account, rather than just make recommendations
Why it's great:

Blooom allows investors to ditch their current strategy of ignoring-it, meaning-to-get-around-to-it, and hoping-for-the-best!


Chris Costello, Co-Founder and Certified Financial Planner
Costello has 20 years experience and builds the model used to generate 401(k) recommendations, allowing blooom users to tap into advice traditionally only available to investors with a gazillion dollars.

Randy AufDerHeide, Co-Founder and Chief Technology Officer
AufDerHeide handles all the fancy, schmancy IT stuff. If it involves computers, code, Internet stuff, he's the guy. He also makes everything work smoothly, helping deliver a great experience to bloom users.

 taps into the investment strategies of Wall Street billionaires and provides unique and exclusive data on investment activity and trends.


  • Provides insights into billionaire investment portfolios and stock picks
  • Sends real-time alerts on buys, sells, and prices
  • Allows users to track their own portfolios and the iBillionaire Index
Why it's great:

With iBillionaire, anyone can invest like a billionaire.


Raul Moreno, Co-Founder and CEO
Moreno is a serial entrepreneur with a background in finance and tech. His previous ventures include social app discovery platform, Kinetik, and he previously worked as an analyst at GFG Capital.

Patch of Land
 is a peer real estate (P2RE) lending marketplace presenting its real-time, due-diligence engine.


  • Proprietary risk and credit-modeling system increases accuracy of risk profiling
  • Full-stack integration with existing platform and processes
  • Significant scale and velocity of underwriting
Why it's great:

We are creating an efficient, scalable system for underwriting and complex real estate lending transactions and pricing risk appropriately.


Brian Fritton, CTO
Fritton is a seasoned eCommerce expert who oversees the development of Patch of Land's in-house platform and leads the research and implementation of our technology initiatives.

 is a mobile-payment platform built to create greater customer loyalty by hastening the checkout process while improving the overall customer experience.


  • Bridge mobile payments and loyalty
  • Target marketing to consumers based on their paying behavior
  • Transfer P2P cash easily
Why it's great:

Settle brings easy mobile payments to customers and allows merchants to make the most of customer data.


Stas Matviyenko, CEO
Matviyenko studied in Austria, worked for the Ukranian government (banking research). Founder at Advice Wallet (the biggest mobile loyalty program in CIS countries), believes in mobile payments, geek.

Anna Polishchuk, COO
Polishchuk has a Masters degree in international business and is passionate about design and technology. She worked as Market Research Analyst at an international company and co-founded Advice Wallet.

Our Sneak Peek series continues on Tuesday with another six companies that will demo their fintech innovations at FinovateFall 2014 next month.

Finovate Alumni News- May 1, 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.jpgEight companies earned Best of Show awards at FinovateSpring 2014 in San Jose. 
  • Backbase launches Backbase Engage, an omni-channel, out-of-the-box, banking platform.
  • interviews the CEO of TSYS acquisition, ProPay.
  • Xero's B2B cloud payment solution now live in Australia thanks to a partnership with ASB Bank.
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 25, 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.jpgEleven Finovate alums win awards at PYMNTS Innovation Project 2014.
  • Bazaarvoice announces partnership with Spredfast.
  • TechCrunch: Wealthfront, OnDeck, Lending Club, Credit Karma, Betterment, and Kapitall "come of age."
  • CMS Wire reviews Backbase's customer experience platform.
  • Top Image Systems' eFLOW to process the digital census of a country in EMEA in a deal worth more than $1 million.
  • Place2Give releases GIVE-API to provide access to its database of charities as well as its payment processing tech.
  • SmartAsset raises $5.2 million in series A funding. Come see their live demo at FinovateSpring next month in San Jose.
  • Netherlands Queen Maxima visits Entrepreneurial Finance Lab (EFL) to see its psychometric credit scoring methodology in action.
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.

FinovateEurope 2014: FinTech on Film

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Your plan to binge watch "House of Cards" just got a little more complicated.

The videos from FinovateEurope 2014 are now available in our Video Archive section. Two full days of demos. 67 presentations. More than 470 minutes of fintech innovation. No gorilla suits or no-look, laptop tosses this time around. But the two-day event did feature an entertaining performance by a precocious young investor, a pair of innovators in motorcycle helmets, and a Russian supermodel.

And if all that doesn't whet your appetite, here's a look at the demo videos from the nine companies awarded Best of Show honors this year. Click the image to go to the video page. 


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This post is part of our live coverage of FinovateEurope 2014.

Next, Backbase demonstrated how it will cut back office processing time with its new mobile account origination and enrollment module:

"We are launching our new mobile origination and enrollment module at FinovateEurope 2014. With the strong mobile capabilities of the Backbase Platform and the growing digital marketing capabilities, we are now including an out-of-the-box tool for seamless mobile enrollment experiences.

The new key features are:

    • Complete mobile application development capabilities within Backbase
    • Out-of-the-box enrollment and origination capabilities to support the online application process including camera facilitated image matching for insurance claims and digital image ID authentication using driving licenses for example - all linked with the FI's back-end system (STP), with campaign analytics to track and monitor the campaign's results"
Presenting Jouk Pleiter (CEO & Co-Founder) and Jelmer de Jong (Global Head of Marketing)

Product Launch: February 2014
Metrics: Privately funded, 150+ employees, offices in New York, Amsterdam, London, Singapore, and Moscow
Product distribution strategy: Through financial institutions, licensed 

HQ: Amsterdam, Netherlands
Founded: April 2003
Twitter: @backbase
  • 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 22, 2014

  • Thumbnail image for Finovate-F-Logo.jpgPayoneer announces partnership with Quantum Solutions.
  • MasterCard card payments coming to Singapore transit courtesy of collaboration with Transit Link Pte Ltd.
  • Backbase releases Backbase CXP 5.5 with added mobile and WCM features.
  • FIS names new CIO: Ido Gileadi.
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.
  • 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.
This post is part of our live coverage of FinovateAsia 2013.

Next, Backbase launched the social media capabilities of its Bank 2.0 Portal:

"We are launching the all-new social media capabilities of our Backbase Bank 2.0 Portal. With the new social media features, it is possible to integrate directly with social networks such as Facebook, bring deeply integrated social capabilities to the bank's secure internet banking platform and push the bank's internet banking platform as an app to Facebook.

The new key features include Social Login, the ability to use social information to target users within the internet banking platform, or to retarget across platforms, the power to employ Friends' information and behavior to promote special offers (10 of your friends also have this credit card, apply now!), and the functionality to create and manage Facebook apps directly from the Backbase Portal Manager."

Presenting Edwin Koh (GM, APAC) and 
Jelmer de Jong (Global Head of Marketing)

Product Launch: October 2013
Metrics: Privately funded, 150+ employees, offices in New York, Amsterdam, London, and Singapore
Product distribution strategy: Through financial institutions & licensed

HQ: Amsterdam, The Netherlands
Founded: April 2003
Twitter: @backbase
  • Finovate-F-Logo.jpgadesso to sell & implement Backbase's Customer Experience Platform in Germany, Austria & Switzerland.
  • ValidSoft announces appointment of Paul Burmester as CEO. Pat Carroll to assume role of Executive Chairman.
  • Fidor Bank expanding into Russia through a joint venture Life.Sreda.
  • Numbrs, Kofax make American Banker's "Top 10 FinTech Companies to Watch" roster.
  • Intuit announces partnership with American Express to support receipt data integration to QuickBooks.
  • La Caixa launches social network for its investors, StockTactics.
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.

FinovateAsia is typically our most globally diverse show, and this year is no different. Two weeks from now, we will showcase 37 demos from companies spanning the globe that are innovating in everything from remittance to small business tools to back office solutions and much more. 

Given that diversity, we thought it would be fun put together a map showing the geographic spread of the demoing companies that will take the stage (click the map to enlarge).


Here's the breakdown of the number of companies from each region:

  • Asia: 12
  • Europe: 11
  • North America: 9
  • Africa: 1
  • Oceania: 2
  • Middle East: 2

To refresh your memory, the list of the companies that we've hand-picked to show off their new technology at the Max Atria @ Singapore Expo on November 14, include:

  • Advanced Merchant Payments
  • App Annie
  • Arkalogic
  • ArthaYantra
  • Backbase
  • BehavioSec
  • BlueKite
  • BRIDGEi2i
  • CustomerXPs Software
  • DragonWealth
  • GMC Software Technologies
  • i-exceed
  • IND Group
  • Intuition Intelligence
  • KlickEx
  • Kofax
  • LifePAD
  • Luminous
  • Mambu
  • Matchi
  • Mistral Mobile
  • Mobexo
  • Mobino
  • Pangea
  • Payoneer
  • Pixeliris
  • Red Zebra
  • SaaS Markets
  • Serverside
  • Smart Engine
  • Tootpay
  • TradeNet
  • TSYS
  • White Label Personal Clouds
  • Yodlee

To see live demos of the new technology, meet the entrepreneurs responsible, and network with others in the industry, get your ticket to FinovateAsia here. If you have questions about the show, check out who is attending or email

At Finovate, we've seen how great innovation comes from companies of all ages. All we have to do is look at the Best of Show winners from FinovateAsia 2012. The founding dates of the winners ranged from 1858 (NAB, the parent company of UBank) to 2012 (SocietyOne).

We don't know who will win Best of Show at FinovateAsia in Singapore this year, but looking at the launch date of the 37 companies taking the stage November 14, we found a 28-year spread. 

Here they are in reverse chronological order with funding amounts, if disclosed:

2013- 2012
  • BlueKite: 2013
    Total Funding: $1.5 million Seed funding
  • KlickEx: 2011
    Total Funding: $1.3 million
  • Mambu: 2011
    Total Funding: $2 million Series A

2007 or earlier
  • Yodlee: 1999
    Total Funding: $124 million
  • BehavioSec: 1998
    Total Funding: $2 million (€1.5 million)
  • Kofax: 1985
    Public LON: KFX

To learn more about each of these companies, check them out here and come see their live demos in Singapore on November 14.


All numbers and funding information sourced from

  • Finovate-F-Logo.jpgBackbase on Track to Expand into UK Market. 
  • Arroweye Solutions launches EMV On-Demand.
  • ICBA Mortgage extends its agreement with D+H Mortgagebot.
  • InComm partners with Jackson Hewitt Tax Service to unveil new GPR card.
  • Digital Insight working with Delta Community CU to offer members digital banking services and solutions.
  • Guardian Analytics announces FraudMAP Connect, real-time collaboration platform & fraud intelligence community.
  • Cachet Financial Solutions launches new mobile money management application and platform, Select Mobile Money.
  • Equifax enhances underwriting decisions for lenders and businesses with release of advanced decisioning attributes.
  • Simple announces new MoneyDrop, instant P2P $$ transfer technology.
  • OnDeck ranked #20 in SellingPower Magazine's 50 Best Companies to Sell For List.
  • Ven partners ValidSoft to secure virtual currency transactions.
  • SecondMarket CEO explains latest Bitcoin move.
  • Tyfone powers P2P m-payments in BVCU m-banking platform.
  • MasterCard joins Fast IDentity Online (FIDO) Alliance in support of innovation in online authentication.
  • Inaugural issue of FIS's digital magazine FIS InMotion now available.
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.

You may have seen the list of FinovateAsia demoing companies we released a few weeks ago. Here are more details on the 32 companies demoing November 14 at the MAX Atria @ Singapore Expo. Get your ticket here to be part of the crowd.

Stay tuned for our Sneak Peek series next month featuring a behind-the-scenes look at each company and chance meet the innovators.


Advanced Merchant Payments' innovative loan management solution enables banks to offer profitable, unsecured, short-term loans to small businesses


ArthaYantra provides personal financial advice online to everyone irrespective of what they earn


Backbase brings social media to the bank, and the bank to social media

BehavioSec has extended its award-winning BehavioMobile solutions to offer policy-based behaviour authentication


BellaDati is the agile business data analysis with human touch


BlueKite's international bill payment service improves an immigrants' ability to care for family back home


BRIDGEi2i is a trusted partner that enables organizations to achieve accelerated outcomes by embedding analytics in their DNA


CustomerXPs Software is a leading product company offering real-time, Enterprise Fraud Management & CEM products to banks globally


GMC Software Technology is a leading software developer of solutions that transform the customer experience

i-exceed has created a Unified Application Development Suite for smartphone, tablets, desktops and laptops across operating systems


IND Group is a leading innovator and developer of digital banking, PFM and payments technology


Intuition Intelligence delivers the right offer at the right moment to the right client via digital channels


KlickEx is a Global Clearing System for commercial and central banks. The Clearing System extends to Retail, as well


Kofax is a leading provider of smart process applications that simplify the business critical First Mile of information-intensive customer interaction


Luminous is a boutique innovation company that has become synonymous with innovative banking around the world

Mambu enables financial institutions to rapidly deliver state-of-the-art banking services through a cloud-first Software-as-a-Service solution


Matchi is a matchmaker for innovation


Mistral Mobile powers your mobile financial services to serve anyone

Mobexo is a scalable, value-added payment ecosystem that allows transactions to be executed between smartphones

Mobino enables mobile payments for 5 billion people, from any phone, no credit card required


Pangea Payments' multiplatform solution will allow you to send money to anyone, from anywhere, at any time, using mobile and retail locations around the world

Red Zebra brings together consumers, banks and retailers, with targeted rewards based on spending patterns


SaaS Markets is the enterprise app store company for financial organizations looking to leverage cloud-based applications for their employees or customers


Serverside Group is the global technology leader in digital card designs and a provider of innovative artwork solutions that create meaningful results


SinoLending is the leading online lending platform in China


Smart Engine's Multichannel Loyalty Platform benefits financial institutions, merchants, web shops and users


TIBCO Software creates real-time, event-enabled solutions for the 21st Century


Tootpay's mobile payment solution works independently from network and operator. It is encrypted, using a standard mobile phone


TradeNet provides an equity trading customer channel for retail customers in emerging markets at $5 a month


TSYS focuses on people-centered payments


White Label Personal Clouds' Website Welcomer eliminates username/passwords and enables seamless, private transfer of information between organisations


Yodlee is the platform for financial innovation, powering the world's largest collection of transactional data

To learn more about FinovateAsia, visit the event page, check out the FAQ, or email

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
  • 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.

FinovateFall 2013 in the Press

Affluent Strategies
Finovate Fall 2013 Best of Show Winners
by JP Nicols

All Marketing (in Hebrew)
הסטארט-אפ הישראלי, TipRanks, זוכה זה בפעם השנייה בכנס Finovate
by Shirley Asa

American Banker
Business Lender Finds Trove of Insights in Client CRM Data
by Penny Crosman

MoneyDesktop Launches Long-Term Goal Setting Tool
by Sean Sposito

PFM Apps Dominate FinovateFall Day One
by Mary Wisniewski

Reporter's Picks: Three Top Apps at FinovateFall
by Sean Sposito

The Cutting Edge of Online Banking, as Practiced by a Polish Bank
by Mary Wisniewski

The Top 10 Tweets of Finovate

What Engagement Banking Needs Is Less Engagement
by Jeanine Skowronski

Backbase Blog
Backbase Unveils New Commercial Banking Portal Solution at FinovateFall 2013
by Prue Duggan

Bank Innovation
'Electronic Checks' Give Paper Payments New Life
by Philip Ryan

European Innovators Throw Down the Gauntlet: Where's the Innovation, Americans?
by Philip Ryan

Finovate 2013: Our take on the Best of Show winners
by Steven Ramirez

Finovate Fall '13: Numbrs, Pixeliris, Word Sentry, and Mitek Come on Strong
by Philip Ryan

Finovate Fall '13: Strong Demos from Float Money, BizEquity, Zighra & SpearFysh
by Philip Ryan

Finovate Fall '13: Strong Demos from Instabank, SavedPlus & TipRanks
by Phillip Ryan

Finovate Fall '13: Think Finance, MBank Lead the Pack
by Philip Ryan

Bank Marketing Strategy
Ten Tips To Doing Finovate Like A Pro
by Jim Marous

Bank Systems & Technology and Wall Street & Technology
5 Game-Changing Financial IT Startups
by Becca Lipman

5 Ways Mobile Banking Is Evolving: Finovate
by Jonathan Camhi

Finovate Fall 2013: A Few FinTech Providers for Capital Markets
by Zarna Patel

Finovate 2013: We're All Infected With Malware
by Becca Lipman

Making Personal Finance Social Spotlighted At Finovate
by Jonathan Camhi

Barlow Research Associates
Innovations that Improve Business Banking Workflow
by Donna Arce

BostInno, Streetwise Media
Franklin-Based Interactions Reinvents the Virtual Assistant Application, Wins Finovate's Best in Show
by Andrew Amato

Crain's New York Business 
Financial-technology startups roil banking's status quo
by Judith Messina

Hottest tech sector is all about money
by Judith Messina

Credit Union Times
Mitek Debuts Mobile Photo Account Opening
by Robert McGarvey
5 Areas Of Innovation All Credit Unions Need To Monitor
by Scott Patterson

The Role Of Innovation In Today's Credit Union
by David Mooney

CU Insight
Barclays Just Showed Up to the Party We've Been Hosting for a Year
by Ron Daly

Discerning Technologist
Just In Time For Finovate: Adding More Fun (And More Focus) To Fintech Applications
Scores of fun at Finovate and Money2020
by CEB Icono

Yodlee launches financial relationships app

Finovate blog
FinovateFall 2013 Best of Show Winners
by Julie Schicktanz

4 New Online Money Management Tools Worth A Try
by Richard Eisenberg

Forrester blog
Highlights and Thoughts From Finovate Fall 2013
by Peter Wannemacher 

Finovate Fall 2013 - The Big Apple
by Scott Hodgins

Hotwire PR blog
Mobile, data and security are hot at FinovateFall
by Lindsay Goldwert

Huffington Post Tech
NextGen Investment Advisory Firms--Go Tech Or Go Home!
by April Rudin

Investment News
Start ups pitch automated advice at tech confab
by Trevor Hunnicutt

Javelin Strategy & Research Blog
FinovateFall 2013. Drinking from the Proverbial Firehose.
by Nick Holland

The Jerusalem Post
Tel Aviv-based start-up TipRanks takes top prize at Finovate
by Niv Elis
Reflections On Five Hundred Minutes of Fintech
by Bradley Leimer

Fintech Trends From The Innovators at FinovateFall
by Cassie Anderson

Mindful Insights blog
FinovateFall 2013 

The Modesto Bee
Modesto financial planners offer online tool for success
by Patty Guerra

My Bank Tracker
FlexScore Aims to Complement FICO Credit Scores
by Simon Zhen 

FutureAdvisor: Automated Investing With Tax Efficiency in Mind
by Simon Zhen 

Mitek to Simplify Account Opening on Mobile Devices
by Simon Zhen 

MoneyDesktop: Declutter and Visualize Your Financial Goals
by Simon Zhen 

SavedPlus Makes You Save Every Time You Spend
by Simon Zhen 

Yodlee's New Mobile App Deals With Money Side of Relationships
by Simon Zhen 

The New Age Online
Finovate and the Rise of the African Entrepreneur
by Douglas White

Taking data analysis to a new plateau: Narrative Science raises $11.5M
by cale Guthrie Weissman 

Payments Source
E-Check Service Offers an Alternative to Online ACH Payments
by Austin Kilgore

PC World
New services tackle small business finance challenges
by Yardena Arar

Plus World (in Russian)
Инновация ТКС Банка представлена на
Payment Innovators Impress At FinovateFall 2013
by Dan Rosen

Silicon Hills
Akimbo and Toopher Pitching at Finovate in New York
by Laura Lorek

Snarketing 2.0
Finovate Fall 2013: Snarketing's Best-In-Show Awards
by Ron Shevlin

What To Look For At Finovate Fall 2013
by Ron Shevlin

Mobile-First Banking App Numbrs Bags Further $3.8M For U.S. Launch
by Steve O'Hear

Upstart Business Journal
Bitcoin's missing link sneaks into main event at Finovate
by Michael del Castillo

Financial gladiator battle ends with 8 startups standing tall
by Michael del Castillo

The Wall Street Journal
How to Get Investment Advice for Less Online
by Andrea Coombes

'Stupid' Banks Look for Innovation
by Michael Hickins

William Mills Agency blog and Beyond the Arc blog
Day 1: Live Blog, FinovateFall 2013 by William Mills III & Steven Ramirez
by Steven Ramirez and William Mills III

Day 2: Live Blog, FinovateFall 2013 by William Mills III & Steven Ramirez
by Steven Ramirez and William Mills III

Finovate 2013: Our take on the Best of Show winners
by Steven Ramirez

We'll continue to add coverage throughout the next few weeks. If you have FinovateSpring press coverage you would like to add, please email the link to
This post is part of our live coverage of FinovateFall 2013.

Then, Backbase launched its commercial banking offering:

"We are launching Backbase for Commercial Banking. Think PFM for Corporates and UX for the CFOs. Backbase is offering the latest best practices in UX design and cross device customer journeys. The goal of the Commercial Banking Edition is to drastically bring down time-to-market for online and mobile banking projects. The Commercial Banking Edition comes pre-optimized for use on regular browsers, tablets, and smartphones and is completely manageable by the banks' digital team. 

Backbase for Commercial Banking is seamlessly integrated with the Backbase App Center, offering apps such as:

        • Cash Management Dashboards
        • Invoicing
        • Entitlement and workflow
        • Financing
        • FX Trading
        • Multi-currency ready"
Product Launch: September 2013
Metrics: Privately funded, 150+ employees, offices in New York, Amsterdam, London, Singapore, & Moscow
Product distribution strategy: Through financial institutions & licensed

HQ: New York, NY
Founded: April 2013
Twitter: @backbase

Presenting Dave den Bleyker (VP Sales) and Jelmer de Jong (Global Head of Marketing)


The full demo video will be available at in mid-September.
  • Finovate-F-Logo.jpgFinanceIt's split-cost marketing programs now available. Check out FinanceIt's live demo at FinovateFall in a couple of weeks.
  • CertusBank launches new website based on Backbase Portal. Come see Backbase demo its new tech live at FinovateFall.
  • Cachet Financial Solutions partners with Nitro Mobile Solutions to integrate Cachet's RDC platform in its mobile banking application.
  • miiCard updates its Digital ID Card. Come see miiCard's demo at FinovateFall.
  • MasterCard appoints Raja Rajamannar Chief Marketing Officer. See MasterCard's demo at FinovateFall 2013 in New York in September.
  • GMC Software Technology taps Scott Draeger for customer communications strategist role. Meet the GMC team at FinovateFall 2013.
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.

FinovateFall 2013 is right around the corner. That means it's time to start getting to know the entrepreneurs and innovators that will be presenting their technologies on stage in New York City in September.

Remember, the early bird deadline is this Friday, August 2nd. So to reserve your spot and register now.


Akimbo Financial offers a social bank account alternative that makes sharing money easier than ever.

authenticID's identity tools pictureID and catfishID, are the most accurate, time-saving solutions for the forms of ID we already carry.

Backbase's Launchpad, the Commercial Banking Edition, making CFO's work easier.

BehavioSec uses behavioral analytics to transparently tackle web and mobile security.

BillFloat revolutionizes credit delivery to consumers and businesses.

Biometric Signature ID has a patented software-only biometric for secure ID online verification.

BizEquity is the first and leading cloud-based business valuation engine, an innovative solution to small business lead generation.

Capital Access Network is the largest and most experienced small business finance specialist.

Cardlytics uses consumer purchase data to drive a patented advertising platform. Ads are so relevant--they're expected. 

CoverHound is a comparison insurance adviser, helping people discover, buy, and manage insurance online.

CR2 is the innovative provider of self-service banking solutions including ATM, Internet, and mobile banking.

DoubleBeam's SDK powers mPayments inside other mobile apps, helping signup customers quickly and save a ton on the cost of payments.

FinanceIt offers businesses the ability to provide consumer financing to their customers at the POS.

Financial Guard helps you protect your investments, providing online investment advice at the right price, finally.

Finect is the leading online network for the financial services industry.

Fiserv is a leading global technology provider serving the financial services industry, driving innovation in payments.

FlexScore "gamifies" financial planning, gives a "score" of your financial fitness, and provides education, advice, peer comparisons.

Float Money offers interest-free credit to members of its shopping club and financial health partners.

FutureAdvisor manages your investments for better returns, making quality financial advice available to everyone.

GMC Software Technology is a leading software developer of solutions that transform the customer experience.

Guide Financial is like a healthcheck for your finances - automatically scanning your accounts for ways you can earn or save more, and providing simple, easy fixes.

Ignite Sales is the leader in retail banking, customer acquisition, and retention technology.

Innovation Agency, where you can execute on your innovation mandate and unlock the wealth of ideas in your ecosystems.

Instabank - Beautiful money.

Interactions provides natural language Virtual Assistant application services for the automation customer care processes.

Jumio is a next generation credentials management company offering payments and ID scanning and validation products for mobile and web transactions.

Kofax is a leading provider of smart process applications that simplify the business critical First Mile of information-intensive customer interactions.

LearnVest empowers people everywhere to take control of their money and live their richest lives.

Level Money is a financial GPS, designed to replace budgeting.

Lighter Capital provides growth capital to technology companies in a highly-automated basis - Capital-as-a-Service.

Lumesis provides software for the fixed income municipal market. Compliance and credit-focused. 

Luminous is a boutique innovation company that has become synonymous with innovative banking around the world.

Manilla is the leading free and secure service to simplify and organize daily financial life.

MasterCard is a technology company in the global payments industry, operating the world's fastest payments processing network.

mBank is the biggest, pure-play online bank and the third largest retail bank in Poland.

miiCard is the first digital identity verification service to prove 'you are who you say you are' entirely online.

Mitek is positioned as the leading innovator in mobile imaging software. 

MoneyDesktop empowers financial institutions to provide online/mobile banking experiences to promote personal financial intelligence.

Motif Investing is a thematic, customizable, low-cost and crowdsourceable ETF-like product that is disrupting investing economics.

Narrative Science enables companies to uncover the insight hidden in their data and create new content at a scale and frequency never before possible.

Numbrs - One App - Every Bank.

P2P Cash is the mobile wallet with switch technology that allows us to aggregate all other mWallets and mobile financial services.

PayWith is powered by MasterCard. Funded by Merchants. Loved by Consumers.

PhonyInvoices provides invoice fraud detection and prevention. We check a company's vendor lists and transactions for suspicious activity.

Place2Give provides valuable and trustworthy information to make the most impactful social capital investment decisions.

QuarterSpot lending platform delivers the lowest cost and most favorable term small business loans.

RevolutionCredit is a revolutionary solution that transforms the credit decisioning process for both creditors and consumers.

SaaS Markets is the enterprise app store company for financial organizations looking to leverage cloud-based applications for their employees or customers.

SavedPlus is an automatic savings program that helps customers save money with every purchase.

Simple Verity provides business credit reports on any SMB in America.

Socure offers a social identity verification solution to combat the growing risk of online identity fraud for financial institutions.

SpearFysh leverages mobile, speech analytics, big data, and SaaS technology to improve sales processes and drive growth.

Spreedly provides vault cards in the cloud and work with more than 50 payment gateways.

StockSmart apps and platform offer insight and information on the world's best companies and people.

StrategyCorps delivers local/mobile/social consumer checking solutions so appealing and relevant, your customers will gladly pay for them.

Tinkoff Credit Systems is Russia's leading provider of online financial services.

TipRanks is a cloud-based service that measures the performance of anyone giving investment advice.

Toopher eliminates online fraud using your phone's location. Simple, secure, your phone stays in your pocket.

Unleash is the cloud CFO that helps small businesses make better decisions faster.

VerifyValid and Deluxe are giving checks their first major upgrade in more than 200 years.

Versafe protects all users from all malware, threat types. On all devices, all transparently. 

WordSentry software analyzes messages during composition, identifying non-compliant components, for correction before sending.

Yodlee is the platform for financial innovation, powering the world's largest collection of transactional data.

Yseop creates a new age where financial services delivered to customers are driven by AI and human collaboration.

Zenmonics is a global technology services and mobile product provider to the financial services market.

Zighra empowers banks and financial institutions to leverage implicit mobile user authentication and accelerate payments.

Zooz provides complete payment essentials at your fingertips: a robust set of tools that will improve the payment process.

Plus more stealth companies to be announced in the weeks to come.


To find out more about the upcoming FinovateFall 2013 event in New York, September 10 and 11, visit our FinovateFall information page here.

Finovate Alumni News-- June 6, 2013

  • FinovateLOGO.jpgCentral Intelligence Agency takes an actionable interest in Narrative Science.
  • IT operations management company Boundary touts its relationship with CurrencyFair.
  • Backbase CEO and co-founder Jouk Pleiter warns that bank customers are "no longer content to do the groundwork."
  • Mercator Advisory Group analyst takes a look at TSYS's proposed acquisition of NetSpend.
  • Mitek, LendUp, & Fuze Network dubbed runners up in 3rd Annual Core Innovators Mega Challenge.
  • TIO Networks announces strategic relationship with Aio Wireless.
  • Stockr wins Vator Splash LA startup competition, crowned most exciting company.
  • BankersLab launches Bank-it: Credit Edition.
  • Personal Capital to establish a Denver office and hire 100 financial advisers.
  • Business Insider interviews Braintree CEO, Bill Ready.
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.jpgFamZoo and Transcard roll out family banking. Come see FamZoo demo it live at FinovateSpring.
  • Sigma Phi Lambda Sorority selects Billhighway for enterprise payment solution.
  • Linkable Networks partners with Lyfepoints, enabling users to apply savings to utility payments.
  • Business news Daily reports: Dashlane Makes Remembering Passwords a Breeze.
  • Bank Systems & Technology reports PayPal partners with Chilean payment network Multicaja.
  • HeathWallace & Backbase partner to implement Backbase Bank 2.0 Portal throughout Middle East.
  • The Examiner recommends BillGuard to identify fraudulent credit card charges.
  • Payments Journal reports Fiserv Launches Remote Deposit Capture Product.
  • TechCrunch looks at Yandex's use of gesture-based interfaces to power apps.
  • PVAngels features TrustEgg. Join TrustEgg in San Francisco in May for FinovateSpring.
  • BrightScope is collecting fee data from advisory firms, report expected by fall 2013.
  • MC Helper looks at EyeVerify and the future of internet security. See EyeVerify in action at FinovateSpring.
  • Nomis Solutions unveils their latest pricing management software tool, the Nomis Discretion Manager.
  • Thomson Reuters announces launch of insurance compliance solution, Accelus.
  • InvestorIdeas takes a look at TipRanks. Join TipRanks in San Francisco for FinovateSpring in May.
  • TransferWise to provide $100,000 in free international money transfers to 1,000 start-ups.
  • Lake Trust Credit Union to be the first CU to deploy MasterCard's MasterPass digital wallet.
  • Kalixa Group launches a trio of mobile payment products: Pro, Pay, and Accept.
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 20, 2013

  • Thumbnail image for Finovate-F-Logo.jpgFenergo releases enhanced compliance and customer onboarding support solution for FIs.
  • FIS announces seven-year agreement with FirstBank Puerto Rico for outsourcing services.
  • Fortnoff Financial reviews TradeKing.
  • The Valley Girl Show interviews Locaid CEO, Rip Gerber.
  • Creative Huddle takes a look at TransferWise as a disruptive force in banking.
  • BillGuard launches early, limited MVP testing version of iPhone app.
  • Expensify bolsters SalesForce integration by supporting FinancialForce.
  • American Banker reports Backbase launches Portal 5.4,  enhancing digital marketing to include better targeting & more.
  • Cortera launches Cortera Lookalikes to seek out new customers  that look and act like a company's existing customer base.
  • rPlan launches "rplan University", an online course to provide crucial education on investing.
  • ID Analytics launches ID Network Attributes, targeted consumer behavior insights that provide visibility into identity or transaction risk.
  • Lend Academy reports LendingClub loans being snatched up quickly (within hours).
  • PaySimple partners with CheckAlt to provide suite of payments and receivables tools to SMBs.
  • Validata to provide test case content for Temenos T24 German Banking Suite.
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.
  • American Banker reports: Union Bank signs up for Fiserv's Bill Pay.
  • Bolstr featured on MSNBC's Your Business.
  • Backbase gives a glimpse of the Digital Marketing Module it showed at FinovateEurope.
  • Triple Pundit looks at how the SEC is holding SoMoLend and other debt/equity crowdfunding platforms hostage.
  • CIO lists Expensify as 1 of 3 apps to help at tax time.
  • BellaDati releases updates to its platform.
  • Med Gadget interviews Diversinet CEO, Dr. Hon Pak.
  • Finextra reports Geezeo signs 1st United Services Credit Union.
  • CashStar announces availability of tablet gifting.
  • Android, iOS updates now provide card-to-card payments with Pageonce.
  • Dough Roller blog names PocketSmith one of the best calendar-based personal finance apps.
  • Continuity Control to partner with cbanc Network to provide regulatory briefing via RegAdvisor.
  • Koolspan and DeviceFidelity team up to build TrustSleeve, bringing microSD-based voice encryption to the iPhone.
  • Locaid and Life360 join forces to help parents stay in touch with their kids.
  • The Financial Brand highlights 50 of the most spectacular website designs in banking: Simple (formerly BankSimple), Standard Chartered, Mint, & Moven. See Netbanker's take on the list here.
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.

FinovateEurope 2013 in the Press

Here's a look at some of the press coverage we received from FinovateEurope last week:

Money-Transfer Service Azimo Integrates with Facebook
By David Cohen

American Banker
Cardlytics Brings Offers, Rewards to Bank Customers on Facebook
by Mary Wisniewski

True Office, Thomson Reuters Partner to Offer Gamified Compliance Apps
by Mary Wisniewski

Backbase blog
Backbase Unveils Amazon-like Digital Marketing Module at FinovateEurope 2013
by Prue Duggan

Bank Marketing Strategy
Moven From Mobile Banking to Mobile Money
by Jim Marous
mBank idzie za ciosem i pokazuje kolejne nowości
by Michał Kisiel 

Nowy mBank zapowiada mOkazje i przelewy wysyłane jak wiadomości

Banking Technology
Finovate Europe sees arrival of the Old Guard
by David Bannister

Temenos debuts LiveDesigner at Finovate Europe
by David Bannister

Finovate Europe 2013: Bank to the Future
by Auke Douwe

Berliner Morgenpost
SumUp will traditionelle Kassen abschaffen
by Jürgen Stüber

Computer World
Gamification trend could save banks from huge compliance fines
by Matthew Finnegan

Credit Union Times
Mobile Banking by Voice Next Up? Print Preview 
by Robert McGarvey

Finantix takes mobile banking to the next level
Fresh from a $30m funding round, Kabbage looks beyond the US to launch its loans platform for UK SMEs
by Paul Sawers

SumUp demos its latest mobile-payments tech for Europe: Order a coffee simply by saying your name
by Paul Sawers

El Economista
BBVA participa en FinovateEurope entre ´startups´ europeas

El País blog
Móvil y banca en España
by Álvaro Martín Enríquez

Financial Times
Eye-opening options
by Peter Williams

Money app aimed at Facebook users
by Duncan Robinson

Triumph of technology
by Peter WIlliams

Moven gears up for launch

Temenos unveils LiveDesigner tool for Web application development

The Currency Cloud API integrated into Salesforce and Sage 50

Forrester blog
Finovate Europe 2013: Bank to the Future
by Auke Douwe Veenstra

Finovate Europe 2013: Digital Financial Innovation
by Benjamin Ensor

The Currency Cloud's unique cross-border-payments-a-service capability available for leading enterprise software 

GoMo News
UK startup debuts mobile money app for Facebook
by Dave Evans

ICT journal
Huit innovations financières primées à Finnovate
by Hélène Lelièvre

Temenos étend sa gamme de solutions pour l'expérience utilisateur
by Bastien Brodard

Intelligent HQ
#Finovate NOW a new generation of Social Bankers
by Hayden Richards

FinTech News: #Finovate, #Gamification trends
by Hayden Richards

International Business Times
Sharing Money On Facebook Just Got Easier: Should Banks And PayPal Be Worried?
by Christopher Zara

Mapa Research
Finovate Day One Round Up
by Paul Merry

Finovate Day Two
by Joshua Grant

Money Marketing
Ian McKenna: New tech will drive down costs
by Ian McKenna

Moven gives sneak peek of new mobile banking app
by Hamish McKenzie

Payments Journal
Kabbage Extends Its Small Business Funding Model To the UK

Payments Source
Cardlytics Searches for Issuer Adoption on Facebook
by John Adams

PR Web
Meniga Awarded its Second "Best of Show" Trophy at Finovate

Programmable Web
Integrate Cross-border, International Payments Processing with Currency Cloud's XBPConnect API
by Eric Carter

Puls Biznesu blog
Taki będzie Nowy mBank

RFP Connect
SAGE SA To Introduce BlackSwan Financial Platform at FinovateEurope 2013

Shiny, Shiny
Azimo lets you transfer money to your Facebook friends
By beccacaddy

Ezbob to expand to the US
By Chris Dawson

Kabbage announces UK launch at Finovate EU
by Chris Dawson

Kabbage Brings Data-Focused Online Merchant Lending To The UK
by Leena Rao

Social Money Transfer Service Azimo Adds Facebook Integration To Squeeze Western Union
by Steve O'Hear

Now you can use Facebook for international currency transfers
By Justin Harper

The Next Web
Cardlytics' transaction-linked ads for bank statements to get Facebook integration, as EU launch nears
by Paul Sawers

Open Bank Project aims to bring financial transparency to organizations with an API and Web 2.0
by Paul Sawers

P2P FX platform CurrencyFair announces $500m of transactions so far,
and vies fo $1bn in 2013 alone
By Paul Sawers

SumUp demos its latest mobile-payments tech for Europe: Order a coffee simply by saying your name
by Paul Sawers

BBVA triunfa con Stockbuzz, una app que analiza el IBEX35 en Twitter
by Miriam Castellanos

Azimo claims first with Facebook funds transfer service
By Travolution

Kabbage brings its quick fix loans to UK merchants
by Christina Farr

Thanks to everyone who came and helped make this year's FinovateEurope the biggest yet.
We will continue to add to this list throughout the next few weeks as new coverage is published. If we are missing press coverage or if you would like to add to the list, please contact with the link.
This post is a part of our live coverage of FinovateEurope 2013.

Thumbnail image for BackbaseLogo.jpg
Starting off the second session today is Backbase, who showed off its new Backbase Digital Marketing module:

"Backbase is demoing Backbase Digital Marketing, a new module within Backbase Bank 2.0 Portal. With Backbase Digital Marketing, banks get the option to easily create and manage:

• Cross- & up-sell campaigns 
• Lead generation campaigns
• Closed loop marketing
• Loyalty features

The Backbase Digital Marketing module does not only work on regular desktop browsers but is optimized to work in a multi-channel setting (from desktop to tablets and smartphones). Backbase Digital Marketing can be used in any existing website or Internet Banking platform, offering banks a simple point solution to start working with Backbase Bank 2.0 Portal."

Product Launch: February 2012

HQ: Amsterdam, The Netherlands
Founded: April 2003
Metrics: Privately funded, 150+ employees with offices in New York, Amsterdam, London, Singapore and Moscow.
Twitter: @backbase

Presenting Jouk Pleiter (CEO & Co-Founder) and Jelmer de Jong (Global Head of Marketing)

  • Finovate-F-Logo.jpgTechCrunch reports Braintree's New Payments Layer Lets Users Sign Up For Apps Without Re-Entering Their Credit Card Data.
  • Mitek and Allied Payment Network Expand Availability of Mobile Photo Bill Pay.
  • Backbase and iQStore sign partnership agreement for Russian market.
  • Xero integrates with Harvest, a time tracking and invoicing software company.
  • CNBC's Squawk on the Street features BOKU.
  • HID Global partners with BehavioSec to improve fraud detection system.
  • Facebook integration, customer management features added to Flint mobile app.
  • ACI Worldwide to buy Online Resources for more than $120 million.
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.

FinovateEurope 2013 Sneak Peek: Part 2

Here's part 2 of the sneak peek of the companies that will demo at FinovateEurope on February 12 and 13 in London. 

Each company provided a short summary of the innovation they will debut on stage. We published 27 last week and we will complete the preview next week.

Don't miss the opportunity to experience the hottest innovations in financial technology. Get your FinovateEurope ticket here.



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Digital Marketing professionals can use Backbase purely for digital marketing purposes: e.g. collecting user behavior and running campaigns in specific sections of existing websites and platforms, then assigning certain areas where Backbase collects data and shows campaigns.

With Backbase you can now start small. Just embed in your existing site and expand from there, creating a full cross-device user experience platform.

Innovation type: Marketing, mobile, online

Heckyl FIND (Financial In News & Data) is real time news and data analytics platform for retail traders and brokerages.

FIND is integrated with trading terminals to provide high quality information, visuals, heat maps of sentiment and market data to help traders find trading opportunities in this fast moving market.

FIND helps you explore new ideas and keep pulse on current business events/issues.  Whether you are a short term trader, investor, or fund manager - whether you prefer equities, futures and options, forex or commodities - you will find a wealth of information that matters to you streaming at your fingertips.

Innovation type: Investing & asset management, online


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Holvi is the long tail of retail banking. It changes the whole concept of the bank account from a passive utility to an active enabler of any activity. Out-of-the-box Holvi comes with built-in payment acceptance, tools for financial understanding and the ability to share it with a group. We bring in building blocks from our banking and payments partners that our customers can add to their Holvi accounts.

Holvi is used by small businesses, non-profit organisations, projects and individuals. Holvi is regulated by the FIN-FSA and is located in Finland. Holvi is launching Europe-wide in 2013.

Innovation type: Online, payments small business


Point solutions for payments? Why limit yourself? Proven at scale in Africa, Tereon is a complete payments ecosystem and toolkit designed to support rapid innovation.

With Tereon, you can implement any number of innovative products and payment services, be they point solutions or new networks. You can support any business logic, and you can use existing core systems and settlement processes to provide secure, inter-operable, account-to-account, payments that meet stringent regulatory standards.

We will demonstrate a four-party deployment that supports payments from phone to phone, phone to card terminal, card to terminal and on-line in multiple currencies.

Innovation type: Banking


Metaforic has a product that protects mobile applications from unauthorized changes and subversion of the existing code. In effect, by using our solution, the financial institution has control over what the application does if it is compromised. It can quit, display a message, send a silent security alert to bank servers or any other behavior the developer cares to define.

For financial institutions that have a lot of mobile developments underway, Metaforic technology can be integrated with existing developments at the end of the software development lifecycle. This technology is an automatic process not requiring significant developer time or security expertise.

Innovation type: Security

Pockets United

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Pockets United occupies a hot space: carriers see their business threatened by all-encompasing data flats, while traditional banks and credit card companies see payment shifting to mobile devices - whose users are owned by the carriers, ultimately leaving both seeking for differentiators.

BAM! 'Social' is the next big thing in mobile payments, yet it is not easy to implement for existing PSPs or banks. A category killer in this field must be social by design.

Think of us as Paypal, just with a lot more pal - and get excited about a cutting-edge user experience that is fun to use day after day! Because, after all, dividing expenses should lower the burden for all, not cause additional effort for some.

Innovation type: Mobile, payments, PFM


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Investing can be time-consuming. rplan has created a simple, easy-to-use tool to create your own personal investment portfolio from over 2,400 available investments to find the ones best suited to you.

rplan is for customers who want choice, but who don't want to become finance specialists just to manage their investments - because there are better things to do in life than researching mutual funds.

Innovation type: Investing & asset management, online, PFM


SumUp's vision is to change commerce on a global scale starting with a real and existing payments problem.

Today, millions of small businesses are missing out on customers because they cannot accept card payments due to high fees and long contract durations. SumUp offers the easiest way for small businesses to accept card payments. 

Using only a portable card reader and an app for iOS and Android, merchants can accept card payments on their mobile device, with a transparent fee of only 2.75% per transaction.

SumUp will demo a new cashless point-of-sale solution that will radically simplify the way people pay in every day life.

Innovation type: Cards, mobile, payments, rewards

Watch Demos

Click above for video archives of all demos.



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