FinovateEurope Sneak Peek: DataSine

A look at the companies demoing live at FinovateEurope on the 6 through 9 of March 2018 in London. Pick up your tickets today and save your spot.

DataSine uses psychology and machine learning to help companies create a unique customer experience based on individual needs and personalities.

Features

  • Transforms customer data into valuable personality insights
  • Optimally segments customer audience by personality type
  • Offers automated data and psychology-driven content improvement

Why it’s great
DataSine enables companies to make personalisation possible at scale, building trust with customers and increasing overall engagement and lifetime value.

Presenters

Igor Volzhanin, CEO
Volzhanin founded DataSine in 2015 with a background in psychology and computer science. He is working to change the way banks view their customers.
LinkedIn

James Gin, Chief Scientist
Gin brings experience in financial modeling and business analytics, blending industry knowledge with applied machine learning techniques to find powerful insights in complex datasets.
LinkedIn

FinovateEurope Sneak Peek: Sensibill and NatWest

A look at the companies demoing live at FinovateEurope on the 6 through 9 of March 2018 in London. Pick up your tickets today and save your spot.

Sensibill and NatWest are transforming banking services for small businesses, offering a powerful tool for NatWest’s SME customers to manage their expenses and gain control of their finances.

Features

  • Capture paper and digital receipts within NatWest’s mobile banking app
  • Receive automatic transaction matching for the receipts
  • Leverage the export feature for expense reports and taxes

Why it’s great
NatWest’s solution powered by Sensibill helps SMEs manage their receipts so they can spend more time focusing on what they love and do best – running their business.

Presenters

Wincie Wong, Digital Propositions Lead, Personal & Business Banking
Wong runs the digital propositions team at NatWest to identify, define and implement the strategic digital experiences of the future for personal and small business customers.
LinkedIn

Robert Fillmore, Vice President & General Manager, EMEA
Fillmore is a sales and operations leader with two decades of experience in scaling up the EMEA operations of North American telecoms and fintechs, leading to successful exits with IBM and Oracle.
LinkedIn

Jan-Lukas Wolf, Senior Manager
Part of Sensibill’s marketing team, Wolf is a financial services professional with years of experience spanning strategic planning, business development, product delivery and risk governance.
LinkedIn

FinovateEurope Sneak Peek: W.UP

A look at the companies demoing live at FinovateEurope on the 6 through 9 of March 2018 in London. Pick up your tickets today and save your spot.

W.UP’s Sales.UP is an insight-driven sales and engagement tool for banks that uses pre-built customer insights to create relevant, personal, and timely interactions with clients – that is Personalised Banking Sales. Leveraging big data, advanced analytics, AI, and machine learning, Sales.UP helps boost sales and engagement.

Presenters

Tamas Braun, International Sales and Business Development Director, W.UP
Braun has worked in the retail banking technology industry for the past 15 years. Most recently, he worked at technology vendors such as IND and Misys before joining W.UP.
LinkedIn

Mark Hetenyi, Deputy CEO, Retail and Digital, MKB Bank
Hetenyi has been deputy chief executive officer at MKB Bank since January 15, 2015 and serves as a member of the board of directors.
LinkedIn

FinovateEurope Sneak Peek: unblu

A look at the companies demoing live at FinovateEurope on the 6 through 9 of March 2018 in London. Pick up your tickets today and save your spot.

unblu is a secure, collaborative engagement solution to help the world’s leading banks and financial institutions deliver an omni-channel, in-person experience online.

Features

  • Secure messenger designed for dedicated advisory
  • Live engagement (live chat, video, and audio) for the moment of truth
  • Co-browsing for assisting customers where they need you

Why it’s great
The unblu suite brings the “in-branch experience” back to the online customer by allowing the advisor and customer to simultaneously engage in their banking web and mobile applications. It has 100+ implementations.

Presenters

Jens Rabe, Chief Marketing Officer
Rabe has 20+ years of experience in the IT industry. Before joining unblu, he was Vice President of Products for the Enterprise Content Management Portfolio at the OpenText Corporation.
LinkedIn

Javier Puga, Product Marketing Manager
Puga has recently joined the unblu team. He has more than 12 years of experience in the IT sector, and in his previous position, he led the marketing team of Liferay in southern Europe.
LinkedIn

FinovateEurope Sneak Peek: Fintech OS

A look at the companies demoing live at FinovateEurope on the 6 through 9 of March 2018 in London. Pick up your tickets today and save your spot.

Fintech OS enables agile and modular digital transformation roadmaps for businesses in the financial industry. It combines deep fintech business model know-how with AI driven technologies.

Features

  • Fast: 5x to 10x faster innovation through Robotic Assisted Development
  • Digital: modular, customer-centered fintech
  • Open: 100% open API connected

Why it’s great
Fintech OS serves as an innovation enabler, allowing companies to implement their tailored digital transformation roadmap either by using ready-made apps or by creating new ones with Fintech Designer.

Presenter

Teodor Blidarus, CEO & Founder
Blidarus is an experienced IT entrepreneur with a deep understanding of banking, insurance, and digital transformation technologies (15+ years experience). He is president of the Romanian Software Industry Association (ANIS)
LinkedIn

Finovate Alumni News

On Finovate.com

  • A Look at CUneXus’ Strong Growth in 2017.
  • Avaloq to Power Private Banking for KASIKORNBANK.

Around the web

  • IdentityMind joins DataBroker DAO alliance.
  • NuData Security CEO Michel Giasson Named One of the Top 100 Influencers in Identity by One World Identity.
  • Guardian Analytics Announces AML Evidence Lake Platform.

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.

Temenos Agrees to $1.96 Billion Takeover of Fidessa Group

Swiss banking software technology provider Temenos has agreed to buy its British competitor, Fidessa Group in a deal for $1.96 billion. The transaction, which is subject to conditions, approvals, and regulatory clearances, will close in the first half of 2018.

Andreas Andreades, the Executive Chairman of Temenos, said that under the new agreement, the two firms “will create a global leader across financial services software.” He added, “We truly believe that this powerful combination will accelerate both companies complementary growth strategies in banking and capital markets and will enable us to cross-sell into our existing client bases and capture a greater share of the IT and software spend of banks especially as they move to the cloud.”

With Fidessa under its roof, Temenos plans to increase revenue growth by:

  • Implementing its sales-focused model
  • Broadening Fidessa’s product to cover software solutions from the front to the back office
  • Continuing Fidessa’s strategy of providing software solutions across capital markets
  • Leveraging cross-selling opportunities

The deal is expected to expand Temenos’ relationship with Tier 1 and Tier 2 banks across the globe and deepen the company’s relationships and knowledge in the U.S. and Japan to grow its core banking business. At the same time, Fidessa will benefit from a larger client base. “We are convinced that our combined company will have a unique set of capabilities that when combined with our exceptional people will position us as a core strategic partner to large financial institutions globally looking to upgrade their systems for the digital age,” Andreades said.

Founded in 1993, Temenos debuted its Connect Mobile Banking application at FinovateEurope 2015 in London. Late last year, the company teamed up with Latin America’s largest banking group, Itaú Unibanco Holding. Temenos employs 4,600+ people, operating out of 64 offices. The company’s systems serve more than 2,000 clients in over 150 countries. Temenos has a market capitalization of more than $5 billion.

Munnypot to Power Jyske Bank’s Robo Advisor Tools

Robo advisor technology provider Munnypot inked a deal with Denmark’s Jyske Bank. This marks Munnypot’s first European white label partnership.

As part of the agreement, Munnypot will work with Jyske Bank to give clients a new solution, Jyske Munnypot, that provides online investment advice. The new tool will offer clients regulated investment advice along with monitoring and notifications of their investment performance. The goal-based solution will be available to Jyske Bank clients in the first half of this year.

In a press release CEO and co-founder of Munnypot, Andrew Fay, described the value of the partnership.”We’re delighted to partner with Jyske Bank and bring the Munnypot service to one of the most prestigious banks in Europe,” he said. “We know, first hand, the time and resources required to build a robust online investment advice proposition and that for most firms, partnering is the best and most efficient route to developing an innovative, client-engaging service.”

René Schjøtt Brogaard, Jyske Bank’s Head of Investment Solutions, said that the two partners share a goal to “help people make the right investment decisions by building an innovative, engaging and customer-focused proposition.”

Founded in 2015, Munnypot allows users to begin investing with as little as £25 per month and/or a £250 single payment into an individual savings account (ISA), junior ISA (JISA), general investment account (GIA), or pension fund. The company is headquartered in Crawley, England.

Munnypot is among the dozens of companies that will demo its newest technologies on stage at FinovateMiddleEast next week at the Madinat Jumeirah Conference and Events Centere in Dubai, U.A.E. There’s still time to register so book now to save your seat.

FinovateMiddleEast Day One: Voices from MENA

FinovateMiddle East is right around the corner. And in addition to our signature, 7-minute live demonstrations of the latest in fintech innovation, we will be hosting a wide variety of keynotes, addresses, panel discussions, and fireside chats, as well. Finovate now gives attendees more context and insight into the relationship between financial institutions, entrepreneurs, and investors that makes fintech innovation possible.

Here’s a quick introduction to the women and men who will be speaking on Day One of FinovateMiddle East. We’ll share our lineup of Day Two speakers in separate post. For more information about what’s happening on the first day of our conference, including our demos for the day, accelerator showcase, and lunchtime roundtables, check out our Day One agenda.

Keynotes & Addresses

Mirna Sleiman, Co-founder, Fintech Galaxy

Sleiman is a senior executive with 15+ years of experience in government relations, business strategy, digital communications and journalism, mostly within the MENA region.  Sleiman will provide Chairperson’s remarks.

Jim Marous, Author and Publisher, The Financial Brand and the Digital Banking Report

Named as one of the most influential people in banking and a top 5 fintech influencer to follow, Marous is an internationally recognized financial industry strategist. Marous will speak on the topic “What can digital bankers learn from top innovators?”

Promoth Manghat, CEO, UAE Exchange

As CEO of UAE Exchange Group – a leading global provider of diversified financial services spanning money transfer, foreign exchange, and payment solutions – Manghat is responsible for strategy execution and management of operations across group entities. Manghat will discuss “Embracing fintech innovation – past, present, and future.”

Omeed Mehrinfar, Regional Director, EMEA Plug and Play

Head of Plug and Play’s fintech activities in Europe and general operations in the Middle East, Mehrinfar started his career being a founding member of one of Plug and Play’s largest divisions (fintech) in California. Mehrinfar’s address is titled “What do we mean by innovation?”

Sameer Singh Jaini, Fintech Asia top 100 influencer, CEO, Digital Fifth

Recognized as Fintech Asia Top 100, Jaini is a digital enthusiast with two decades of rich digital experience across Asia, Europe, and Americas. He has been part of core teams responsible for setting Kotak Mahindra Bank and Bharatiya Mahila Bank. His presentation will discuss the fintech strategies of Indian banks.

Raja Al Mazrouei, Executive Vice President, Fintech Hive, Dubai International Financial Centre (DIFC) 

As Executive Vice President of Fintech Hive at DIFC, Ms. Al Mazrouei oversees the region’s first fintech accelerator, which brings together financial institutions, government entities, technology partners and entrepreneurs to develop technologies that benefit the financial industry. She will provide an introduction from the Fintech Hive at DIFC.

Discussions, Panels, and Roundtables

Ruth Wandhofer, Regulatory and Fintech expert, Citi

Wandhofer is one of the foremost authorities on banking regulatory matters. Her key responsibilities include driving regulatory and industry dialogue and developing product and market strategy in line with the evolving regulatory and innovation landscape.

Wandhofer will participate in Panel Discussion: Starter for one minute – What does a fintech want? What does a bank want? What does the investor think? and Chatham House Rule Panel Discussion on fintech regulation: What is happening? What needs to happen? Can we create best practices together?

Hans Christensen, Director, Dubai Silicon Oasis Authority

Christensen serves as the Director of DTEC which he was instrumental in building up from scratch to be the largest and most profitable tech co-working centre in MENA hosting 800+ start-ups from 70 nationalities and known for hosting Intelak (Emirates Airlines incubator), the Intel ignition lab and the Dubai Smart City Accelerator powered by Startupbootcamp.

Christensen will participate in Panel Discussion: Starter for one minute – What does a fintech want? What does a bank want? What does the investor think? and Panel Discussion: What’s happening now and what’s next for AI?

Mike Cunningham, CEO, Clearly

Cunningham is a thought leader and digital practitioner of innovation within financial services with an unmatched global network with the world’s leading fintechs, accelerators and the established corporates. Before joining CLEARLY, he was Executive Vice President at Abu Dhabi Commercial Bank where he led Group Strategy and Innovation.

Cunningham will participate in the Bank CEO Panel Discussion: Driving innovation forward and the fintech global vision.

Chris Taylor, CEO, Abu Dhabi Finance

Joining Abu Dhabi Finance in 2009 and responsible for overall strategy execution, leadership and management, Taylor Chris is an experienced Chartered Accountant with over two decades of local and international financial services experience. Chris was recognized as the ICAEW Middle East Chartered Accountant of the year in 2012 and under his leadership Abu Dhabi Finance has received multiple mortgages and finance company awards.

Taylor will participate in the Bank CEO Panel Discussion: Driving innovation forward and the fintech global vision.

Serdar Guner, Director, Supervision, DFSA

Guner joined the DFSA as senior manager in the supervision division in September 2010. He became a director in 2013 after serving as an associate director in 2012. Following responsibilities and directorship roles spanning prudential risk, market conduct and pooled supervision, he now leads a team responsible for the supervision of financial technology firms and cyber risk, with the overarching responsibility of governance and operational risk in the centre.

Guner will participate in the Chatham House rule panel discussion on fintech regulation: What is happening? What needs to happen? Can we create best practice together?

Wai-Lum Kwok, Executive Director, Capital Markets Financial Services Regulatory Authority, ADGM

Kwok joined the Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM) in June 2015. He heads up the Capital Markets division responsible for admission and supervision of financial market infrastructures and capital market intermediaries. The division also regulates the offering of securities, collective investments schemes. 

Kwok will participate in the Chatham House rule panel discussion on fintech regulation: What is happening? What needs to happen? Can we create best practice together?

Pooja Singh, International Relations Specialist, Securities and Commodities Authority, UAE

Singh is a financial analysis and regulatory compliance professional with over 10 years of progressive experience. She currently works with Securities and Commodities Authority (SCA), UAE and is a member of their fintech team. She is working on various projects to implement international best practices in the UAE capital market and help shape SCA’s views on fintech.

Singh will participate in the Chatham House rule panel discussion on fintech regulation: What is happening? What needs to happen? Can we create best practice together?

Moussa Beidas, CEO & Co-founder, Bridg Payment Solutions

Beidas is a digital user experience designer and creative strategist who has built customer experiences for DeNA (Tokyo), Tata DOCOMO (India), Skype, Mathaf Museum of Modern Art (Qatar), Microsoft (USA), Hero MotoCorp, i2, ALDAR (UAE). He has designed customer experiences spanning the world’s largest markets including India and the Middle East impacting over 600 million end users.

Beidas will participate in Panel Discussion – How far can we go with big wallets? and the Day One Revisit: What did the bank gain? What did the fintech gain? What do investors think?

Narayanan Ganapathy, CEO, Angivest Ventures

CEO of an early stage investment firm based in Bahrain providing pre-seed and seed stage capital to technology startups globally, Ganapathy brings in a wealth of investment management experience, having worked both regionally and internationally in senior management positions with prominent institutions such as Deutsche Bank and GFH Financial Group.

Ganapathy will participate in Panel Discussion – How far can we go with big wallets?

Danny Abla, Director, Fintech, Arab Financial Services

A serial entrepreneur with 15 years in tech and 2 start-ups under his his belt, Abla founded PinPay in 2008 back when mobile payments was still in its infancy and sold it to a leading bank in 2013. He went on to found another start-up in New York, Shoop, which he sold in 2015. Since then, he got very involved in the MENA start-up ecosystem and has been helping start-ups design their products and grow their customer base.

Abla will participate in Panel Discussion – How far can we go with big wallets?

Vikas Bansal, Community Partner, FinTech Connector

Bansal has successfully managed multiple consulting/outsourcing relationships as a client partner for various banks and financial services institutions to deliver transformation projects and achieve key business objectives. As a strategic adviser to clients, he has been a keen observer and researcher of trends and opportunities that contextualize fintech and the various thematic areas of fintech innovation and disruptive technologies. 

Bansal will participate in Panel Discussion – How far can we go with big wallets?

Gaurav Dhar, Second Generation Fintech Entrepreneur, Tech Investor, Advisor, Mentor

Dhar is the Manager at Payments Solution Provider Marshal Equipment. He has been working at Marshal for over 13 years now, handling the day-to-day business, delivering solutions, and building long-term partnerships and payment ecosystems.

Dhar will participate in our Panel Discussion – How far can we go with big wallets?

Suvo Sarkar, Sr. EVP & Group Head, Retail Banking and Wealth Management, Emirates NBD

General Manager for Retail Banking at Emirates NBD since June 2012, Sarkar has the mandate to oversee all aspects of Emirates NBD’s Retail Banking and Consumer Finance businesses, including branches, retail loans, mortgages, credit cards, wealth management, direct banking, SME, sales and marketing, as well as setting new standards in product innovation.

Sarkar will participate in the Big Bank fireside chat.

Zhi Ying Ng, Senior Analyst Forrester

Zhi Ying serves eBusiness and Channel Strategy Professionals within the Asia Pacific financial services and retail sectors. Her research focuses on how digital technologies are transforming the way financial institutions and retail enterprises interact and engage with empowered customers.

Zhi Ying will participate in the Big Bank fireside chat.

Rami El-Dokany, Founder, Inclusion

E-Dokany will participate in Panel Discussion: Starter for one minute – What does a fintech want? What does a bank want? What does the investor think?

Backbase Partners with SGBL to Support Digital Transformation

Days away from Finovate’s first conference in the Middle East, we learn that one of our most popular alums (as judged by Best of Show awards) is supporting digitization and modernization for one of the leading banks in Lebanon and the Levant: Backbase has partnered with Société Générale de Banque au Liban (SGBL) to help the banking group replace their legacy technology with Backbase’s omni-channel digital banking platform.

“We are delighted to have been chosen by SGBL and to play a role in the transformation of their digital banking landscape,” Backbase CEO Jouk Pleiter said. “This expansive, customer-focused transformation brings SGBL into the same playing field as the fintechs, or even beyond.” Highlighting the ability of the platform to serve both its retail and corporate clients, Antoun Sehnaoui, Chairman and CEO of SGBL said the partnership would help the firm maintain its commitment to providing its customers with financial technology that is innovative and secure “to help keep them moving forward with confidence.”

The new platform from Backbase features easy-to-use environments, real time transactions, an enhanced user experience, faster time to market, increased security with multi-factor authentication, online client origination, and 24/7 banking services across branches and channels. The technology has already begun its rollout in Lebanon, with internet and mobile banking features going live in December. A broader regional rollout to Jordan, Cyprus, and the UAE is planned.

SGBL’s decision to deploy Backbase’s technology is timely. The company released version 6 of its digital banking platform late last year, bringing customers what VP of Product Management Jelmer de Jong referred to as “an API architecture ready for the Open Banking and PSD2 future.” The Amsterdam, Netherlands-based company and multiple-time Best of Show winner went live with French, mobile-only bank Orange Bank last fall, and was named Growth Partner of the Year by Capgemini. Most recently demonstrating its technology at FinovateEurope 2017 last February, Backbase was founded in 2003.