Finovate Alumni News

On Finovate.com

  • NuData Security Brings Behavioral Biometrics to Arvato Financial Services”

On FinDEVr.com

Around the web

  • Token signs memorandum of understanding (MoU) with Fidor Bank for digital payments.
  • PYMNTS.com interviews Nick Thomas, cofounder of Finicity, in the wake of his company’s latest funding round.
  • Aerospike announces 100% year-over-year bookings growth.
  • Touch Bank to deploy FraudNet, online fraud prevention technology from Experian.
  • More than 100,000 customers of Avanza Bank have used Trustly’s real-time deposit service since the two companies forged a partnership last year.
  • Dashlane joins two-factor authentication awareness campaign, #TurnOn2FA.
  • Cortera Decisions‘ credit scorecard capability is now available through Boost, its self-service tool that gives businesses insights on their customers and prospects.
  • TickSmith’s TickVault Big Data management platform is compatible with Thomson Reuters Tick History.
  • NIIT Technologies partners with a top-ranked retirement plan provider to manage their legacy systems.
  • Arxan Technologies wins six industry IoT security awards.

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

Finovate Alumni News

On Finovate.com

  • Betterment: Building a Better 401(k) with Betterment for Business
  • Check out today’s “FinDEVr APIntelligence”
  • TSYS to Acquire TransFirst for $2.35 Billion”
  • Alpha Payments Cloud Wins ‘Next Generation Payments’ Category at KPMG FinTech Innovation Challenge”

Around the web

  • Bluefin Payment Systems teams up with CDE, an audited encryption service organization.
  • Equity Bank to deploy multi-factor, mobile authentication technology from Entersekt.
  • Let’s Talk Payments interviews Sam Rehman, Arxan Technologies’ CTO.
  • Nasdaq.com features interview with B.J. Lackland, CEO of Lighter Capital.

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

FinDEVr APIntelligence

FinDEVrNY16-V2(wdate)We’re taking our FinDEVr developer showcase to New York on March 29 & 30, 2016. Register today.

Developer news

The latest from FinDEVr San Francisco 2015 presenters

  • eWeek quotes Arxan CMO Patrick Kehoe on the problem of app security on health and finance apps.
  • PayPal taps into Bitcoin by adding Wences Casares to its board.

Alumni Updates

  • InComm to launch digital open-loop prepaid products for distribution as part of incentive and loyalty programs.
  • Avoka featured in roundup of Australia fintech startups.

Stay current on daily news from the fintech developer community! Follow FinDEVr on Twitter.

Finovate Alumni News

On Finovate.com 

  • Dashlane Achieves New Year’s Resolution: More Organized, Now Speaks 7 Languages.

Around the web

  • eWeek quotes Arxan CMO Patrick Kehoe on the problem of app security on health and finance apps.
  • Diebold introduces mobile, contactless, self-checkout technology.
  • Acculynk CEO Ashish Bahl talks about the growth of direct-to-debit card payments.
  • Pymnts interviews Moven President Alex Sion on what to expect in digital banking in 2016.

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

On Finovate.com

  • “Prosper’s BillGuard Unlocks Premium Features for All Users.
  • “Zopa Partners with Equifax, Boosting its Risk-profiling Capabilities”

Around the web

  • Ledger launches developer edition of hardware wallet.
  • Jack Henry’s ProfitStars now has 20+ institutions that have implemented Gladiator Hosted Network Solutions.
  • RTN FCU to power its insurance agency with Insuritas.
  • InComm plans Atlanta expansion, will add 200 employees.
  • TransferTo joins with Continental Money to bring remittance services to Kenya.
  • Bankless Times features Bento for Business and its solution for helping small businesses control employee spending.
  • Marx Noctor of Arxan explains the importance of protecting apps “down to the source code” in CBR Online.
  • Business2Community features Expensify and DocuSign in its list of nine apps to help you run your business on the go. See DocuSign at FinovateEurope 2016 in London.
  • Adelaide Now profiles small-business lender Spotcap. Join Spotcap in London for FinovateEurope 2016.
  • Mobile ID World looks at the reception to EyeVerify’s mobile app.
  • Tradier reaches milestone: 100 financial services firms are now directly integrated with Tradier’s brokerage platform.

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

FinDEVr APIntelligence

FinDEVr2016-NY-(Stacked)V2Are you building new financial technology? Be sure to check out coverage from our recent developer conference in San Francisco. We’re taking the fintech developer tool showcase to New York on 29/30 March 2016. Stay tuned for details.

Developer news

  • TechCrunch: Rakuten Launches $100 Million Global Fund for Fintech Startups.
  • GitHub is rolling out a redesign for code repositories.
  • New Relic Now Lets Developers Dive Deeper Into Their Analytics.

The latest from FinDEVr San Francisco 2015 presenters

  • Hyperwallet launches loyalty program for independent workers.
  • Arxan announces cyber security scholarship program.
  • Avoka introduces digital account opening from within Salesforce.
  • Kabbage to power Sage’s small business loan offering.
  • Market intelligence provider Ipreo selects Xignite to provide real-time and delayed equity prices to its Investor Relations platform, BD Corporate.
  • Nexmo announces partnership with Netherlands KLM.
  • CenturyLink adds former U.S. Senator Mary Landrieu to its board.
  • Banking CIO Outlook magazine features Praesidio.
  • TokBox’s new developer toolkit brings voice and video chat to Apple TV apps.
  • Thinking Capital earns Deloitte’s Technology Fast 50 Canada Awards.
  • Worldpay employees evaluate use of finger vein technology to authenticate payments at the POS without the need for a card.
  • Let’s Talk Payments interviews Brent Warrington, Hyperwallet CEO.

Alumni updates

  • Pymnts chats with Nymi founder and CEO, Karl Martin.
  • Deccan Herald features Cloud Lending Solutions.
  • Xero pilots program to allow users to file their GST returns.
  • MasterCard announces Ed McLaughlin as new chief information officer.
  • VentureBurn highlights Entersekt: SA’s fintech gem making it safe for millions to bank, shop online.

Stay up to date on daily developments by following FinDEVr on Twitter.

Finovate Alumni News

On Finovate.com

  • “Finovate Alums Earn Spots Among Finalists in UBS Future of Finance”

Around the web

  • Arxan announces Cyber Security scholarship program.
  • PYMNTS.com interviews Adam White, Coinbase VP and product manager, on the “killer app” phase of bitcoin.
  • CNBC looks at Fastacash and the launch of its remittance app, XOPO.
  • CenturyLink adds former U.S. Senator Mary Landrieu to their board.
  • Banking CIO Outlook magazine features Praesidio.
  • Credit Karma gives away one-billionth free credit score since its 2008 launch.
  • Kony appoints Stephen J. Rohleder, former Accenture COO, to its advisory board.
  • Xero pilots program to allow users to file their GST returns.
  • Bloomberg: Banks Catching Up with Amazon Turn to Iceland Startup Meniga for Ideas.

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

Finovate, FinDEVr Alum News at Money20/20

Finovate, FinDEVr Alum News at Money20/20

Money2020StripeVinod

I spent the majority of last week at Money20/20 catching up with Finovate and FinDEVr alums.

With 5 tracks of panel discussions and product announcements, plus an exhibit hall floor, it was impossible to parcel out all of the themes buzzing around. However, from the slice of the mega-conference that I attended, the overarching theme was payments, specifically, removing friction from the payments experience. This became evident in the product announcements and discussions throughout the keynote sessions from Stripe, Poynt, Chase, Verifone, Google’s AndroidPay, Samsung Pay, PayPal, MCX, and First Data.

In addition to these larger players, there were many smaller companies in attendance. I sat down with five Finovate and FinDEVr alums to find out what’s new.

Arxan-LogoArxan
Arxan, which protects applications, has experienced 50% year-over-year growth for the past 5 years.

Last week the company announced the extension of its application protection to the Apple TV. Arxan safeguards the TV operating system and already protects multiple pre-installed applications on the Apple TV. The apps are shielded using multi-layered guards to fortify the application from being reverse-engineered and compromised and are inserted within the binary code of the applications.

See Arxan’s FinDEVr 2015 presentation.

endeavour logoEndeavour
This was the first time I’ve chatted with Endeavour since they debuted their mobile account opening solution at FinovateSpring 2014. The Austin-based company revealed some crucial news— it was acquired by Genpact, an operational efficiency specialist for enterprise organizations.

The structure of Endeavour’s organization will remain more or less unaffected by the acquisition which Genpact hopes will bolster its Lean Digital offering by adding Endeavour’s mobile expertise.

Kabbage-logoKabbage
Kabbage recently partnered with ING, Santander, and Kikka Capital, and the company is growing fast. These partnerships will help the Atlanta-based company expand operations outside of the U.S. Kabbage is especially targeting the growing ecommerce market in India through its Bangalore office.

Kabbage anticipates originating $1 billion in small business loans in 2015, and is planning a major push into consumer loans next year.

Watch Kabbage’s presentation from FinDEVr 2015 and its demo from FinovateSpring 2015.

SocureSocure
Socure uses a person’s existing online “fingerprint” (Facebook photos, email address, and phone number) to validate their identity. Because Socure sources the data from pre-existing information users to simply take a selfie to validate who they are.

In my discussion with Socure the company disclosed plans to extend its services to verify information for small and medium-sized businesses. Today, this process consists of manually scouring websites for data. Socure’s technology could speed up and streamline that process.

Check out Socure’s demo video from FinovateFall 2015

splititSplitIt (formerly PayItSimple)
SplitIt offers point of sale financing with no interest by placing a hold on the customer’s existing line of credit. The solution launched at FinovateFall 2014 under the name PayItSimple. Alon Feit, the company’s CEO, states that the new name is a better reflection of what the company does.

Since launching last year SplitIt has signed 100 merchant partners and is in negotiations for $14 million in funding. After the round closes the company plans to use the funding to further grow its merchant base, as well as its 15-person team.

FinDEVr APIntelligence

FinDEVr2016-NY-(Stacked)V2Are you building new financial technology? Be sure to check out coverage from our recent developers conference in San Francisco. We’re taking the fintech developer tool showcase to New York on 29/30 March 2016. Stay tuned for details.

Developer news

  • “The Next Web: How to Design with Developers”

The latest from FinDEVr San Francisco 2015 presenters

  • Think Big Data mentions Praesidio as a startup using machine learning in its cyber-security solution.
  • “Xignite Surpasses 50 Billion API Calls in a Single Month”
  • VentureBeat: Twilio rolls out new feature set designed to help developers build messaging apps using its platform.
  • Arxan Technologies extends its app-security protection to Apple TV.
  • “Digital Asset Holdings Acquires Blockchain-as-a-Service Innovator, Blockstack.io
  • Security solutions from Arxan Technologies now running on more than 500 million devices.

Alumni updates

  • Tradier teams up with Equities Lab to bring real-world trading experience to college students.
  • Google appoints Entersekt CTO Christiaan Brand as product manager for security and identity teams.
  • Pymnts looks at how SimplyTapp is addressing host card emulation.
  • Visa Inc. to Acquire Visa Europe.
  • Fierce Finance IT features BehavioSec.
  • Avoka partners with Trulioo to provide digital identification authentication to international banks.

Stay up-to-date on daily developments by following FinDEVr on Twitter.

Finovate Alumni News

On Finovate.com

  • “Xignite Surpasses 50 Billion API Calls in a Single Month”
  • “Feedzai Unveils its New Antifraud Solution, Data Science Studio”

Around the web

  • Comarch supports insurance sales and after-sales service by automating sales force at UNIQA Poland.
  • Let’s Talk Payments talks about Photo Verify with Sarah Clark, Mitek VP of product.
  • AcceptEmail and Kansys team up to provide email billing and payment options to telecoms via OCPay.
  • Fiserv and Early Warning partner to enable real-time bill pay and deposit services for U.S. FIs (financial institutions).
  • Corporate One partners with Gro Solutions to expand credit unions’ digital platforms.
  • Mitek launches mobile multicheck-capture for Commercial Mobile Deposit.
  • USAA and Coinbase partner to bring bitcoin to USAA members.
  • The Daily Telegraph features SocietyOne.
  • Euronext launches sentiment analysis partnership with Heckyl Technologies.
  • GEICO employees get access to HelloWallet, helping them manage their 401(k).
  • Visa Inc. to Acquire Visa Europe.
  • DriveWealth teams up with CQG, Direct FX to launch new, multi-asset trading platform.
  • FX Street calls Ayasdi “the next evolution in science.”
  • Arxan Technologies extends its app-security protection to Apple TV.
  • Mobile World Magazine looks at Fastacash and its new partnership with Xpress Money Services.

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

 

Finovate Alumni News

On Finovate.com

  • “Digital Asset Holdings Acquires Blockchain-as-a-Service Innovator, Blockstack.io

Around the web

  • Let’s Talk Payments interviews John Dancu, IDology CEO.
  • AlphaPoint unveils StreamCore to help banks take advantage of blockchain data.
  • Fastacash partners with Xpress Money to launch XOPO, enabling cross-border money-transfers via social networks and messaging channels.
  • Security solutions from Arxan Technologies now running on more than 500 million devices.
  • RIA Biz highlights MaxMyInterest in feature on the NAPFA Fall Conference.
  • ETFdb interviews CEO Maz Jadallah of AlphaClone.
  • Martin Beaulieu, former BlackRock managing director, joins BrightScope as adviser.
  • CurrencyFair expansion to bring 50 new jobs to Dublin, Ireland, over the next year.
  • Porch.com acquires Fountain, a startup launched by Mint founder, Aaron Patzer.
  • Chinese smartphone maker Nubia unveils phone with EyeVerify authentication technology.

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.

FinDEVr APIntelligence

FinDEVr APIntelligence

FinDEVr2016-NY-(Stacked)V2Are you building new financial technology? Be sure to check out coverage from our recent developers conference in San Francisco. We’re taking the fintech developer tool showcase to New York, 29/30 March 2016. Stay tuned for details.

Developer news

  • Dev Bootcamp and Metis partner with Skills Fund to broaden access to web developer and data-science programs.
  • TechCrunch’s This Week On Bullish: Maturity In The Payments Space.

The latest from FinDEVr San Francisco 2015 presenters

  • Let’s Talk Payments interviews CMO Konstantin Rabin, of Kontomatik.
  • BAI Retail Delivery conference attendees select MX as Innovation Showcase Award winner.
  • Thomson Reuters and Samsung to collaborate on mobile security, intelligent IT for the enterprise.
  • Avalara announces sales-tax-accuracy guarantee.
  • “Worldpay Goes Public; Shares Rally on Trading Debut”
  • Silicon Review lists SnoopWall as 1 of 20 fastest-growing security companies.
  • Arxan now secures applications running on 500+ million devices.
  • OnDeck again expands its partnership with the Association for Enterprise Opportunity to support access to capital for entrepreneurs and small businesses.
  • Banking Technology features multiple FinDEVr alums on Readers Choice Awards.

Alumni updates

  • Cloud Lending Solutions announces underwriting and origination upgrades.
  • CardFlight and Cayan team up to provide EMV-ready mPOS solutions.
  • The Hindu features Cloud Lending Solutions’ co-founder Snehal Fulzele.
  • Global AutoTrading integrates with Tradier to extend brokerage services.

It’s easy to stay current on daily developments by following FinDEVr on Twitter.