Finovate Alumni News

On Finovate.com

  • AutoGravity Partners with Global Lending Services.
  • SelfScore Rebrands as Deserve, Closes on $12 Million in Funding.
  • Credit Sesame Raises More than $42 Million, Unveils Robo Advisor for Credit.

Around the web

  • Avoka extends strategic partnership with Mitek for digital identity verification solutions.
  • Commercial loan origination, CRM are among the new features in Baker Hill NextGen solution.
  • OnDeck partners with Ingo Money and Visa to provide loans to SMEs via debit card.
  • Westpac NZ to transition to real-time banking platform from ACI Worldwide.
  • Regions Bank to add P2P payment and account-to-account transfer solutions from Fiserv.
  • iSignthis announces new agreement with Omnislots.com operator, Dialinvest.
  • Payment Ninja to launch in the U.S. in November.
  • ThreatMetrix and ID.me partner to deliver ID verification for government and commercial digital services
  • Russian bank Lipetskcombank implements new mobile banking app built on Tranzware Mobile Banking from Compass Plus.
  • Accenture and nCino expand alliance to accelerate digital transformation within top U.S. banks
  • Symbiont joins Wall Street Blockchain Alliance as corporate member.
  • Envestnet | Yodlee to integrate risk insight solutions with Fannie Mae’s Ddsktop underwriter validation Service.

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

Around the web

  • FlashFX to leverage Ripple for its new foreign-exchange payments-solution in Australia, using XRP for liquidity.
  • Blackhawk Network launches HawkCommerce.com B2B and B2C solution for expanding, distributing and managing gift cards and egifts.
  • Philippe Gélis, Kantox CEO and cofounder, and Alexandre Gaillard, InvestGlass CEO and founder, are listed among 10 French Influencers who “rock the global fintech scene.”
  • Luxoft named a Top 15 Outsourcing Service Provider by ISG.
  • Compass Plus updates TranzWare remote banking products.
  • Prosper to launch seventh generation of credit model, switches from Experian to TransUnion.
  • InComm partners with Wakefern Food Corp. to expand gift card programs.

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

  • “The Best of FinovateAsia 2016 in Photos
  • “Sezzle Raises Seed Funding Ahead of Shopify Debut”

Around the web

  • PayNearMe to power cash payments at Oklahoma Turnpike Authority.
  • IBM to launch 4 new data centers in the U.K.
  • NYMBUS partners with QTS Realty Trust to enable financial institutions to move legacy core systems to NYMBUS’s private cloud.
  • Compass Plus enabled processing center Quipu to reach 100% service availability in 2015.
  • PYMNTS.com takes a look at the challenges facing Prosper and its incoming CEO David Kimball.
  • Trustly hires new Head of People Operations, Ulrica Falkenberg.
  • HVAC manufacturer Mestek to offer Student Loan Genius benefit via Prudential.
  • Lighter Capital ranked #4 in Puget Sound Business Journal’s list of fastest-growing private companies in Washington state.

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

  • From Advisers to VPs: A Profile of FinovateAsia Attendees
  • FICO Teams Up with EFL Global as Part of Financial Inclusion Initiative
  • Fintech Trending: Australia and the Road to Fintech in Asia

Around the web

  • Socure unveils new dashboard for its digital ID verification technology.
  • Compass Plus announces successful stress test of TranzAxis on Oracle Exadata.
  • Neustar CEO Lisa Hook named to Advertising Ages’s 10 Digital Marketing Innovators You Should Know.
  • Singapore Fintech Awards 2016 lists Turnkey Lender as finalist. Check out their live demo next week at FinovateAsia.
  • Mastercard launches blockchain APIs for developers.
  • Portland Business Journal: Tyfone looks to open-source to solve IoT security issues.
  • Forrester Wave: Information Archiving Cloud Providers cites Actiance as an information archiving cloud leader.
  • Kasasa Wins 12th MarCom Award.

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.

Compass Plus Partners with Mutual Trust Bank

Compass Plus Partners with Mutual Trust Bank

Screen Shot 2016-08-22 at 9.16.38 AM

Retail banking solutions provider Compass Plus has teamed up with one of the top five retail banks in Bangladesh, Mutual Trust Bank (MTB).

Under the agreement, MTB has migrated its in-house processing center to TranzWare from Compass Plus. The bank said it chose to transition to TranzWare “due to the platform’s strong local support, robust EMV capabilities and security features, flexibility, and its cost-effectiveness.”

The project began in May and has since migrated MTB’s card base of 200,000 to the platform. MTB will implement 3D Secure to achieve acquiring certification with MasterCard in the near future. MTB is the second bank to go live with TranzWare this month. On August 9, Cambodia-based Prasac launched internet and mobile banking services using the multicard-processing solution.

Founded in 1989, Compass Plus debuted TransAxis at FinovateFall 2012. The London-based company recently became one of five institutions to earn aggregator accreditation from the Faster Payments initiative in the U.K. In May, Compass Plus helped Azerbaijan-based Kapital Bank launch a new Visa Dual Card, an all-in-one debit and credit card that uses only one chip.

Finovate Alumni News

On Finovate.com

  • NYMBUS Raises $12 Million in Round Led by Vensure  Enterprises
  • CardFlight to Power EMV Mobile Processing for BluePay
  • Bento for Business Unveils New Mobile App

Around the web

  • Investopedia features Zooz and ThetaRay in a look at Israeli fintech startups.
  • National Bank of Kuwait goes live with Temenos Treasury Trader.
  • Compass Plus earns Faster Payments accreditation.
  • InformationWeek lists CrowdFlower in its lineup of cool machine learning startups to watch.
  • Ping Identity launches Contextual Access Management capabilities to help companies with digital transformation and cloud and mobile initiatives.
  • GeekWire features Tango Card. Watch the startup’s live demo at FinovateFall next month.
  • Kony enhances support for applications running on Amazon Web Services (AWS) and updates offerings in AWS Marketplace.
  • ThreatMetrix appoints key executives to initiate Asia Pacific expansion.
  • TradingView announces support for DriveWealth.

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

  • Holvi and SumUp Join Forces to Serve SMEs and the Self-Employed
  • CUneXus Closes $5 million Series A

Around the web

  • Cybersecurity innovator DefenseStorm adds Libertyville Savings Bank and PrimeRevenue as clients.
  • Prasac, the largest microfinance institution in Cambodia, launches mobile banking services courtesy of TranzWare from Compass Plus.
  • Cachet Financial Services partners with the Central Bank of Kansas City to roll out a reloadable prepaid card program.
  • OutsideIQ Brings Due Diligence Platform DDIQ to New International Markets
  • TSYS EVP and CIO Patricia Watson writes about the importance of strong enterprise architecture in fintech for CIO Review.

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

  • Q2 Leverages MX Technology to Launch Contextual PFM
  • PTIN Gives Members Access to BizFi’s Aggregation Marketplace

Around the web

  • iSignthis to verify ultimate beneficial owners (UBOs) for fellow Finovate alum, Ixaris.
  • ABA Bank leverages TranzWare from Compass Plus to launch new Cash by Code service.
  • Top Image Systems earns spot as sample vendor in Gartner Hype Cycle for Digital Banking Transformation 2016.
  • Coinbase to extend its Bitcoin, ether services to both Canada and Singapore.
  • The Economist reports how EquityZen is catching on.
  • PC Magazine labels Xero the fastest accounting-software innovator.

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

  • Moven Partners with CommonBond and Payoff for Customer Loan Refinancing”
  • True Potential Scores Significant Investment from FTV Capital”

Around the web

  • MoneySummit interviews Brock Blake, Lendio CEO and founder.
  • PYMNTS interviews CSI globalVCard about trends guiding the evolution of payments in fleet.
  • AdExchanger considers Cardlytics use-cases.
  • WealthSuite from Temenos goes live at Nordea Bank Luxembourg.
  • Compass Plus earns PCI DSS version 3.1 certification.
  • ISCS integrates eSignLive into its SurePower Innovation modern enterprise suite.

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.

Alumni News– December 2, 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.jpgCompass Plus TranzAxis now supports Futurex hardware security modules.
  • Coinbase introduces USD Wallets, enabling users to store U.S. dollar balances.
  • TradeKing unveils new features for its new LIVE platform.
  • Forbes column on disruption in traditional money exchange features Azimo, TransferWise, and CurrencyFair.
  • CrowdFlower announces support for eight new languages and enhanced support for another four.
  • CEO and co-founder of Trustev Pat Phelan wins MSL Cork Business Person of the Year award.
  • Linqto, Crowd Curity, Xignite, and CUneXus win Future of Money & Technology Summit Startup Showcase.
  • TickSmith adds Amazon Web Services version of its financial big data platforms.
  • The New Daily features SocietyOne as a premium P2P lending option.
  • The Chicago Tribune considers Lending Club’s impending IPO.
  • Google Cloud Platform now PCI compliant, enabling developers to hold, process, and exchange credit card information.
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 20, 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.jpgNous raises $600k to help drive its SparkProfit stock market prediction platform.
  • Lending Club selects the NYSE for its IPO.
  • Currency Cloud releases Connect API 2.0.
  • InComm partners with CardCash to integrate its online gift card exchange at InComm’s retail partners nationwide.
  • Compass Plus completes its TranzAxis integration with Klarna.
  • ID Analytics names Scott Carter Chief Operating Officer.
  • CAN Capital closes its first capital markets asset-backed notes offering.
  • Coinbase now available in 6 additional languages.
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 13, 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.jpgCompass Plus announced that its TranzWare e-Commerce authentication solution supports American Express SafeKey.
  • NewsRepublic features Toshl Finance in its roundup of five apps to help you organize personal finances.
  • P2Binvestor signs $1 million revolving line of credit from New College Capital Ltd of London.
  • InComm announces partnership with Virginia Department of Transportation to launch E-ZPass Reload Cards.
  • Xero earns number one spot in annual BRW Most Innovative Companies list.
  • eToro adds native Android sharing to its update of OpenBook for Android.
  • Silanis launches new partnership with AgencyPort Software.
  • eSeller features Boku in its review of top payment apps.
  • Misys inks deal to bring Russia’s Cinimex into its InFusion Partner Programme.
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.