Finovate Alumni News

On Finovate.com

  • ACH Alert Reports Record Growth, Stops More than $388 Million in Fraudulent Transactions.
  • Mastercard Teams Up with Worldpay to Launch Pay by Bank in the U.K.

Around the web

  • NetGuardians becomes a certified Avaloq software partner for real-time fraud prevention.
  • Temenos inks multi-year investor servicing contract with Northern Trust.
  • Worldline picks up PISP and AISP licenses from National Bank of Belgium.
  • Enveil earns Standard Technology Partner status in Amazon Web Services partner network.
  • Lleida.net credits new GDPR legislation in the EU for surge in sales for first half of 2018.
  • Equifax acquires specialty credit reporting agency DataX.
  • CFE Federal Credit Union implements Larky’s Engagement Platform.
  • Ledger launches Ledger Live, the all-in-one companion app to your Ledger device.
  • Xero integrates with BBVA’s API Market for small businesses.
  • Lendio expands the Lendio franchise in Rochester, New York.

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

Finovate Alumni News

On Finovate.com

  • Best of Show Winner Bambu Raises $3 Million in Series A.
  • Bill.com Launches International Business Payments.

Around the web

  • Onfido to provide identity verification for HBUS, the strategic partner of cryptocurrency exchange Huobi.
  • Jack Henry migrates 66 FIs to its JHA Card Processing Solutions.
  • Avaloq to help U.K.-based financial services firm Smith & Williamson deliver investment management services to clients.
  • PYMNTS.com looks at Emailage and its expansion into the Canadian market.
  • Jumio and Backbase partner to improve customer onboarding with online identity verification 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.

Finovate Alumni News

On Finovate.com

  • Mitek Acquires A2iA for $49.7 Million.
  • WeInvest Raises $12.3 Million for its WealthTech Platform.
  • Finovate Alums Take Top Honors at FinTech Breakthrough Awards.
  • PaySend Adds KYC and Risk Management Technology from 4Stop..

Around the web

  • Deutsche Bank Luxembourg to deploy Avaloq Banking Suite.
  • Temenos unveils new digital onboarding and origination platform, Temenos Origination.
  • Revolut announces support for XRP and Bitcoin Cash.
  • Moneyhub integrates with Intelliflo to enable real-time, two-way sharing between financial advisors and clients.
  • Klarna acquires e-commerce shopping cart, Shop.co.
  • Sberbank to test ICO technology issued by Level One.
  • Tinkoff Bank to launch a new Development Hub in Sochi.
  • ID.me teams with LinkedIn to provide one year of LinkedIn Premium for free to U.S. service members and veterans.

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

  • Kabbage Confirms: Orchard Acquisition Adds to Data Science Capabilities.

Around the web

  • Five payment originators from EU and Asia to take advantage of Ripple’s xVIA API to transfer money via RippleNet.
  • Klarna announces its integration with Magento Commerce as a Core Bundled Extension.
  • Avaloq acquires 10% stake in Swiss cryptocurrency firm Metaco.
  • Banesco USA picks nCino’s Bank Operating System to enhance its commercial lending process.
  • Symphony Software Foundation rebrands as FINOS, expands charter, adds new corporate members.
  • Kashoo receives a 5 Star Rating From FitSmallBusiness.
  • Jumio achieves record-breaking sales in Q1 2018, a 400% increase YoY.
  • Lending Club responds to the FCC’s complaint.
  • Alight Solutions leverages Personal Capital’s digital wealth management tools to launch WealthSpark.
  • Apple Bank selects Continuity for Compliance Change Management.

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

  • SecuredTouch Receives $8 Million Strategic Investment from Arvato Financial Solutions.
  • Unison Sees 1,000% YoY Growth in Originations.

Around the web

  • IdentityMind Global partners with Etherparty Smart Contracts to provide KYC and AML compliance support. See IdentityMind Global at FinovateSpring next month.
  • Intesa Sanpaolo Private Banking Suisse to deploy Business Process as a Service (BPaaS) solution from Avaloq.
  • Finastra goes live with its blockchain-based syndicated lending market solution, Fusion LenderComm.
  • Forbes interviews Andrea Gellert, CMO of OnDeck.
  • Ebay And PayPal finalize new payments agreement.
  • Listrak and Persado announce strategic integration.
  • Q2 and StoneCastle partner with MoneyLion to offer deposit accounts and debit cards.
  • EverTrust Bank hires Insuritas to launch digitally powered insurance agency.
  • Backbase powering SSF Bank’s new mobile banking application.

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

  • Bambu Goes Global, Launches London Office, Adds Technical Talent.
  • 3dcart Picks Payoneer for New Cross-Border Payments Partnership.

Around the web

  • Thomson Reuters enhances the investment portfolio risk management functionality of its Eikon solution by integrating MSCI’s RiskMetrics technology.
  • Avaloq announces status as founding partner of FinTech Scotland.
  • IdentityMind Global collaborates with digital shopping platform, Fluz Fluz, to boost KYC and AML compliance.
  • CNH Industrial Capital America (CNH) chooses FIS’ asset finance solution to manage its commercial contract and lease portfolio.
  • SuperMoney surpasses $500 million in loan requests processed since launch in April 2017.

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

  • Excuse Me, Europe, Your Finovate is Showing.

Around the web

  • Avaloq wins its first Thai customer in Kasikornbank. See Avaloq at FinovateEurope in London this week.
  • Finicity adds verification reports to Advanced Data’s fraud prevention and enhanced verification tools for mortgage lending courtesy of new partnership.
  • Simility announces new VP of Business Development, Eric Newman.
  • FactoryNet profiles the new service processes app from Zuhlke Engineering. (in German).
  • McCullough Robertson Lawyers deploy Riverbed Technology’s SteelCentral Aternity solution to enhance productivity and boost innovation.
  • Kyiv Post highlights Softjourn among world’s top outsourcers.
  • Currencycloud introduces Richard Arudel as North America GM.

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.

Avaloq to Power Private Banking for KASIKORNBANK

Switzerland-based Avaloq has cut a deal today with KASIKORNBANK (KBank). The Thailand-based bank has selected the Avaloq Banking Suite to grow its private banking and wealth management offerings.

With $85.8 billion assets under management, KBank is Thailand’s leading provider of banking and wealth services to High Net Worth Individuals (HNWIs). In today’s deal, the bank has tapped Avaloq to upgrade its customer service infrastructure and improve internal processes such as client relationship management and risk management.

Jirawat Supornpaibul, KBank Private Banking Business Group Head, said, “While we have a very strong market position, we do not rest on our laurels. It is very important to invest for growth and partner with best-in-class suppliers that can give us a real competitive edge not just in terms of the customer interface but also fundamentals such as a strong internal risk management framework. This is why we have selected Avaloq to take our private banking business forward.”

This marks Avaloq’s first move into Thailand and is expected to strengthen its ties to the Asia Pacific region. Chris Beukers, head of Asia Pacific at Avaloq said, “With a well-established footprint and multiple customers in Singapore, Hong Kong and Australia, we are very pleased to be expanding to Thailand. As the Thai market continues to both expand and mature, we believe that KBank, which already has a significant market share of the domestic private banking market, will be able to strengthen its position as a market leader.”

Founded in 1985, Avaloq offers a full range of flexible banking software that boasts rapid deployment. The company’s software is currently used to manage $4.30 trillion. The company employs 2,000 people from 66 countries. Jürg Hunziker is CEO.

Avaloq will demo its newest technology at FinovateEurope next month in London. Register by the end of this week to save.

FinovateEurope Sneak Peek: Avaloq

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.

Avaloq is a leader in core banking software and digital technology, and a provider of Software-as-a-Service (SaaS) and Business Process-as-a-Service (BPaaS) solutions for banks and wealth managers.

Features

  • Automated setting of risk-optimsed investment objectives
  • Dynamic investment policies
  • Delivered as a cloud-enabled microservice

Why it’s great
Avaloq puts the client at the centre of the investment advisory process by automating the creation of dynamic investment strategies.

Presenters

Santiago Schuppisser, Senior Product Manager
Schuppisser leads product management for wealth advisory. He is a former investment advisor within private banking where he was also responsible for bringing hybrid advisory solutions to market.
LinkedIn

Esther Kaufmann, Senior Product Manager
Kaufmann is the product manager for investment and credit solutions at Avaloq. She has a background in leading major banking projects within wealth management with a focus on cash operations and financing.
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.