FinovateEurope Sneak Peek: iProov 

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.

iProov uses the faces of your mobile and online customers to verify them for KYC, onboarding and PSD2 authentication. Its uniquely effective anti-spoofing technology is the strong, usable solution chosen by banks and governments.


  • Fully automated for fast, reliable results, even with ID document photos
  • Customer-proven great usability and security
  • The best anti-spoofing system in the world

Why it’s great
iProov’s user experience is so simple and easy it delivers superior customer conversion on any device, yet its unique technology satisfies even the most demanding security team.


Andrew Bud, Founder and CEO
Bud founded iProov in 2011. From 2000-2010 he founded and led mBlox, the world’s largest provider of enterprise text messaging services and mobile payments.

Matthew Pearch, Commercial Director

FinovateEurope Sneak Peek: Yoyo

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.

Yoyo is Europe’s fastest growing end-to-end customer engagement platform, delivering frictionless payment and loyalty for consumers alongside behavioural analytics and marketing tools for merchants.


  • First-of-its-kind loyalty platform and bank account integration
  • Retailer-specific, automated loyalty when using a debit card
  • Improved spending insight for consumers with in-app itemised receipts

Why it’s great
Yoyo’s integration allows banks to retain the simplicity of card payments, whilst automatically adding loyalty, personalised offers, rewards and itemised receipts to their offering.


Michael Rolph, CEO & co-founder
An experienced entrepreneur and business developer, Rolph was previously an advisor at Azimo before founding Yoyo, Europe’s fastest growing mobile payment and loyalty marketing platform.

Dave Nicholson, VP strategic partnerships & co-founder
Nicholson has successfully co-founded 2 fintech startups: Yoyo Wallet (a ground-breaking mobile payment and loyalty platform) and Zopa (the world’s first P2P lending exchange).

FinovateEurope Sneak Peek: Microblink

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.

Microblink’s SDK, BlinkReceipt, provides instant insight into consumer purchases on the SKU level with real-time receipt scanning. The SDK runs OCR and captures all purchase data, even from long receipts.


  • Real-time data capture from retail receipts
  • Robust cataloging system for structured data extraction
  • High accuracy and infinite scalability

Why it’s great
BlinkReceipt is the most cost-effective way to collect consumer purchase data and can be used for purchase validation, loyalty and rewards programs, market research, PFM, and more.


Luka Slibar, Business Product Manager
Slibar is a business product manager working with clients in the banking industry on improving the end-customer experience with new digital solutions enabled by Microblink’s technology.

Chad Wood, Product Manager
Wood is a serial entrepreneur and product manager for BlinkReceipt with a passion for the intersection of technology and the real world.

FinovateEurope Sneak Peek: NF Innova

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.

NF Innova provides a unique banking solution to visionary financial institutions by delivering a rich and seamless customer journey on any digital channel.


  • Omni-channel digital banking platform
  • Full process automation and digitalization
  • Personalized real-time services through a chatbot

Why it’s great
The NF Innova platform is helping banks design unique customer experiences using a chatbot as an assistant in a fully digitalized and automatized loan approval process.


Dejan Petković, CTO
With more than 20 years of experience in software development for the financial industry, Petković is in charge of the definition and direction of products. He oversees innovation and execution at company.

Vladimir Stojić, Technical PreSales Consultant
Stojić has been consulting with banks on end-to-end omni-channel banking for more than 10 years. He is an expert in front-end channels, the “Smart Digital Layer” and digital banking design.

FinovateEurope Sneak Peek: Vipera & Mastercard

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.

Vipera and Mastercard have come together to create SME-Pay, a solution that enables small business owners to make and receive payments anywhere and view and control staff spending on their Mastercard cards.


  • Get paid with the mobile point of sale
  • Control how staff use business cards: online, in-store or ATM. Set different permission profiles for teams.
  • Attach receipts and export transactions for expense management

Why it’s great
SME-Pay from Vipera and Mastercard is a mobile payment solution that helps small business owners view, control and manage their income and expenditure, wherever they, or their staff, are.

Finovate Alumni News


  • Entersekt Joins ForgeRock Trust Network as Principal Technology Partner.
  • Kony to Power Digital Initiative for Partners FCU.

Around the web

  • Software Group goes live on Temenos Marketplace.
  • Finastra introduces tailored Fusion Treasury solution for Russia and the CIS.
  • FIS announces partnership with nexo standard to build compliance testing tools.
  • Wall Street Journal profiles mortgagetech innovator Unison.

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.

BBVA Partners with Azlo to Empower Workers in the Gig Economy

In a bid to help the growing number of workers making a living via the so-called “Gig Economy,” BBVA has partnered with digital business account platform Azlo to make it easier for SMEs take advantage of both domestic and cross-border banking services.

“Azlo’s goal is to level the playing field for the growing number of entrepreneurs and small businesses who wish to participate in an expanding global economy that is driven by entrepreneurs, small business owners, and freelance professionals,” said Azlo CEO Brian Hamilton.

Azlo, of which BBVA is the majority-owner, provides online banking services as well as workshops, live events and a community of entrepreneurial talent. Founded in 2017, the firm leverages BBVA’s banking license and payment infrastructure to offer its services in the U.S., and observers believe that the launch of Azlo will make it that much easier for BBVA to access the American market. In a press release accompanying the announcement, BBVA noted that 43% of workers in the United States are expected to be serving as freelancers by 2020.

“What distinguishes Azlo is its focus on the new economy,” Azlo Entrepreneur-in-Residence Ramona Ortega said. “(This includes) millennials and underrepresented entrepreneurs, and creating a deep and valuable relationship with its customers through community engagement.”

Headquartered in Madrid, Spain, BBVA demonstrated its technology at FinovateEurope 2013. The solution enables users to monitor market sentiment as expressed on Twitter for potential insights into future market activity. Regarded as one of the most innovative European banks in terms of fintech adoption, BBVA was founded in 1857, and now has more than 117,000 employees working in more than 30 countries. The bank’s Group Executive Chariman, Francisco Gonzalez Rodriguez, was named to One World Identity’s Top 20 Identity Influencers earlier this month.  Last fall, BBVA announced a partnership with Samsung last fall to bring iris scanning technology to smartphones.

Finovate Alumni News


  • BBVA Partners with Azlo to Empower Workers in the Gig Economy.

Around the web

  • Wipro named one of the “World’s Most Ethical Companies” by Ethisphere for seventh time in a row.
  • LendUp CEO Jake Rosenberg talks about providing “fair financial products” to the underbanked in a conversation with Y Combinator.
  • Technology from Quid helps Walmart build its American Family Today report.
  • Milwaukee Public Radio features BanQu and its ability to leverage blockchain technology to help refugees reclaim their identities.

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.

TIBCO Introduces New CTO and COO

Big moves at the top for TIBCO. The company’s CTO Matt Quinn will transition to a new role as TIBCO’s Chief Operating Officer as the firm taps Nelson Petracek as its new Chief Technology Officer. In a press release, the company contextualized the move as part of its effort to “ramp up” its TIBCO Connected Intelligence Cloud, which Quinn will oversee.

“Our customer-first mindset is one of the many reasons I’m proud to be part of the TIBCO team,” Quinn said. “When customers choose TIBCO, I want to ensure that they receive a high-performing service that propels the growth of their businesses. I am excited to continue expanding and innovating to meet every customer need.”

Quinn joined TIBCO as a developer in 1997, became CTO in 2010 and was appointed EVP in 2014, which gave him responsibility for product engineering and support. He was educated at RMIT University, earning a Bachelor degree in Computer Science and a Masters in Applied Technology, IT.

An 11-year TIBCO veteran, Petracek transitions to CTO after leading the Strategic Enablement Group, which pursued innovative technologies such as low-code applications, the blockchain, and natural language processing. Petracek came to TIBCO from Informatica Corporation’s Emerging Technologies business unit where he served as Senior Director. He has a degree in Computational Science from the University of Saskatchewan. TIBCO CEO Murray Rode praised Petracek for his “deep, technical knowledge and broad customer relationships.”

“I’m honored to be part of such a forward-thinking company,” Petracek said. “Working at the forefront of technology innovation and serving the dual needs of our corporate strategy and customer advocacy, I’m excited to help craft TIBCO’s technology strategy as we continue to build valuable tools for businesses.”

Ranked #1 in Dresner Advisory Services 2018 Location Intelligence Market Study and named a leader in Enterprise Data Virtualization by Forrester Research, TIBCO announced a partnership with Singapore Polytechnic in January to support local engineering SMEs. An active acquirer, TIBCO purchased Cisco’s data visualization business and acquired data science and social collaboration platform Alpine Data last fall. TIBCO itself was acquired by Vista Equity Partners in 2013, one year after the company made its Finovate debut at FinovateAsia 2013. At the conference, TIBCO demonstrated its Innovative Payment Solutions technology which enables merchants and banks to gain analytic insights from customer transactions without requiring the customer to provide any other significant, personal financial information.

Fintech News from the Middle East and North Africa (MENA)

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As Finovate prepares for its first conference in the Middle East, here’s a round up of recent fintech news and need-to-knows from the MENA region. Learn more about how to join us in Dubai in February for FinovateMiddleEast.

  • Saudi Arabia’s central bank inks deal with Ripple to use distributed ledger technology to settle payments.
  • Dubai Multi Commodities Centre (DMCC) reports that gold trader Regal RA DMCC is the first company in MENA to gain a licence to trade cryptocurrencies.
  • Honeywell launches Middle East industrial cybersecurity center.

MENA Fintech Fact International Data Corporation reports that  MENA spending on blockchain technology will grow to $80 million this year compared to $39 million in 2017. By 2021, regional blockchain spending is expected to reach $307 million.

  • Monami Tech introduces digital payment service, Lendme.
  • Forbes Middle East profiles MadfooatCom founder Nasser Saleh.
  • Monetary Authority of Singapore and Central Bank of Egypt forge fintech partnership.

Thought Leadership – Global Finance Magazine looks back on investment in MENA startups in 2017, including the $37 million raised by fintechs PayTabs, Emirati Souqalmal, and Wahed Invest.

  • ComputerWorld highlights OneGram in a review of government-sponsored blockchain cryptocurrencies.
  • UAE Securities and Commodities Authority partners with PwC to design regulatory framework for UAE capital markets-oriented regtech.
  • Entrepreneur Middle East features Egyptian fintech Moneyfellows.