Finovate Alumni News

On Finovate.com

  • Neener Analytics Completes Proof-of-Concept with Jamaican Payday Lender.
  • Personetics Brings Cognitive Banking to Romania’s Banca Transilvania.
  • Hyperwallet’s Partnership with Lyric Brings Advance Royalty Payments to Artists
  • SumUp Facilitates Cashless Donations for the Church of England.

Around the web

  • AutoGravity announces new partnership with Infiniti.
  • New alliance with Mainsys helps bolster Temenos presence in Belgium.
  • Currencycloud unveils Global Collections to enable customers to receive cross border payments with less cost and less friction.
  • Flywire and Flutterwave partner on cross-border payments & receivables in Nigeria.
  • Cardlytics announces Q4 and full year 2017 financial results.
  • Somerset Trust Company selects Digital Onboarding for fully automated new account activation.
  • Finicity announces integration agreement with Ellie Mae to provide its digital asset verification solution through Ellie Mae’s Encompass platform.
  • XM.com expands use of Paydentity from iSignthis for China eKYC.

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.

FinovateEurope 2018 Best of Show Winners Announced

If there is one theme that unites all of our FinovateEurope Best of Show winners this year, that theme may be summed up in one word: data. As Finovate senior research analyst Julie Muhn pointed out during a recent conversation, the ability to leverage data to create more meaningful, more personalized, more secure experiences for consumers of financial services underlies much of the innovation that we see not just on the Finovate stage, but across fintech writ large, as well.

In this way, financial technology is turning the old adage – it’s not what you know, it’s who you know – on its head. The connections between us and the things we do, the places we go, the transactions we make, are in many ways the Holy Grail for companies that are constantly seeking out better ways to serve us. And for those companies that do win our trust and gain access to what we know and do, the rewards could not be greater.

With this in mind, we present to you a small sample of those companies that may be best positioned to take advantage of this Golden Age of Data: the Best of Show winners of FinovateEurope 2018.

Backbase for its Customer OS, the next generation of the Backbase Digital Banking Platform, which is laser-focused on providing customer-first journeys.

 

Be-IQ for its holistic and gamified approach to risk profiling and financial well-being that accounts for the very contradictions that make us human: our behaviors.

 

CREALOGIX for its customer banking platform, Gravity, which is breaking new ground with its intuitive and user-friendly, self-service insights application.

 

iProov for its liveness-protected, facial biometric authentication technology which is fully-automated for fast, easy and ultra-secure mobile and PC on-boarding.

 

 

Meniga for its digital banking solution that helps banks around the world use data to personalize digital channels and drive customer engagement.

 

Microblink for BlinkReceipt, its SDK for real-time extraction of all purchase data from retail receipts and OCR technology which eliminates typing from mobile apps.

 

 

W.UP for its digital banking sales and engagement solution that uses pre-built customer insights to build relevant, personalized, and timely interactions with clients.

 

Please join us in thanking our sponsors and partners who help us make FinovateEurope a huge success year in and year out. And be sure to stay tuned for coverage of our new extended format on Thursday and Friday as we take deep dives into some of the most pressing issues and fascinating trends in fintech today. For more information about the keynote addresses, panel discussions, and fireside chats coming up on Days Three and Four, our full agenda is available on our FinovateEurope 2018 page.


Notes on methodology:
1. Only audience members NOT associated with demoing companies were eligible to vote. Finovate employees did not vote.
2. Attendees were encouraged to note their favorites during each day. At the end of the last demo, they chose their three favorites.
3. The exact written instructions given to attendees: “Please rate (the companies) on the basis of demo quality and potential impact of the innovation demoed.”
4. The seven companies appearing on the highest percentage of submitted ballots were named “Best of Show.”
5. Go here for a list of previous Best of Show winners through 2014. Best of Show winners from our 2015 through 2018 conferences are below:
FinovateEurope 2015
FinovateSpring 2015
FinovateFall 2015
FinovateEurope 2016
FinovateSpring 2016
FinovateFall 2016
FinovateAsia 2016
FinovateEurope 2017
FinovateSpring 2017
FinovateFall 2017
FinovateAsia 2017
FinovateMiddleEast 2018

FinovateEurope Sneak Peek: CREALOGIX

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.

The CREALOGIX Group’s focus is on consistently meeting evolving customer needs for digital, security, and personalised advice through a customisable and comprehensive user experience.

Features

  • Advanced API aggregation empowers users to control every aspect of their financial lives on one platform
  • Improved user experience
  • Intuitive, user-friendly, self-service insights platform

Why it’s great:
CREALOGIX Gravity – the new force in improving user experience – gives a whole view of customers’ finances via one intuitive, user-friendly, self-service insights platform.

Presenters

Jo Howes, Commercial Director
With more than 20 years’ experience of retail banking and financial services, Howes has an outstanding track record of developing & driving digital strategy and delivering innovative technology.
LinkedIn

Eszter Vass, Senior Product Strategist and Head of Presales
With over 7 years of experience in digitalising the financial services, Vass is strongly focused on continuously improving the services and experience offered, and evolving how people engage with their banks.
LinkedIn

Finovate Alumni News

On Finovate.com

  • Jack Henry Marks 100 Bank Clients Using Geezeo-Powered Service.
  • Vera Partners with Canon to Enable Data Security Across Devices and Services.

Around the web

  • Moneyhub sends CTO to Europe to implement PSD2 strategy.
  • CREALOGIX, Temenos, and Thomson Reuters win in Asian Private Banker Technology Awards.
  • Alfa Bank teams with Ingenico to enable local card processing in Russia for international merchants.
  • ThreatMetrix President and CEO Reed Taussig recognized by One World Identity as one of Top 100 Influencers in Identity.

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.

CREALOGIX Acquires Innofis

Digital banking company CREALOGIX has acquired Barcelona-based Innofis, a privately held, internationally-focused digital banking firm, this week. The financial terms of the agreement were not disclosed.

Under the agreement, Innofis’ workforce of 120 engineers and specialists will join CREALOGIX; the existing management structure will remain the same. The acquisition is not only expected to give CREALOGIX access to Innofis’ established customer base, the Switzerland-based company will also gain a presence in additional territories, most notably the Middle Eastern region.

CREALOGIX will benefit from Innofis’ digital banking product suite, which it expects will complement its current solution portfolio due to “optimal synergies” between the product portfolios. Because of the use of open architecture, many of the companies’ modules can be integrated interchangeably. New features Innofis brings to CREALOGIX include:

  • Predictive analytics based on big data and customer behavior segmentation
  • Advanced online campaign management
  • SaaS based-digital loyalty program
  • A suite of Islamic banking modules
  • Extensive functionality for business banking

Founded in 2012, Innofis has experienced double-digit growth and currently generates over $10.2 million (CHF 10 million) in revenue. Innofis CEO David Moreno, who will transition to a member of CREALOGIX’s Executive Group Management, said that “As a result of the new, joint offering from Innofis and CREALOGIX, we will remain a reliable partner for our clients and will support them in their digitization initiatives, with a broader set of innovative, ready-to-use solutions.”

Innofis presented at FinovateEurope 2016, where Moreno and the company’s CMO David Falk showcased the Innofis Omnichannel Predictive Banking solution. The solution leverages machine learning of bank data and contextual behavioral analysis to deliver more accurate and effective marketing messages.

CREALOGIX’s Marc Stähli, Head of Sales and CMO; and Eszter Vass, Sr. Product Strategy & Presales Consultant, demo Predictive Banking in Virtual Reality at FinovateEurope 2017 in London.

CREALOGIX most recently demoed at FinovateEurope 2017, where the company won Best of Show for Predictive Banking in Virtual Reality. In November of last year, the company expanded into Asia Pacific with new offices in Singapore. And in September, CREALOGIX acquired AI and machine learning technology from Koemei. The company said it plans to leverage Koemei’s technology that uses automated speech recognition (ASR) to convert audio, podcast, and video content into text data, which facilitates cross-media search capabilities.

Finovate Alumni News

On Finovate.com

  • Urban FT and Fortress Plus to Co-Market Digital Banking, Fraud Prevention to Community Banks
  • Alkami Scores $70 Million in Series D Funding

Around the web

  • Privakey joins the FIDO Alliance.
  • Featurespace opens U.S. headquarters in Atlanta.
  • NCR wins four GOOD DESIGN awards.

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

  • PayStand Scores in $6 Million Series A Funding
  • Actiance Acquired by K1 Capital Management

Around the web

  • American Express, Santander UK, and Ripple team up to support blockchain-enabled, cross-border, B2B payments.
  • Veridium announces partnership with Walla to pilot digital banking model in sub-Saharan Africa that uses biometrics for authentication.
  • Econiq wins Honorable Mention at annual BankNews Innovative Solutions Awards for its Conversation Hub.
  • Best of Show winner Unison unveils 2018 expansion plans.
  • CREALOGIX announces expansion into Asia-Pacific with new offices in Singapore.

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

  • Royal Bank Canada Leverages Personetics to Pilot New Automated Savings Service.
  • Live Demos and Deep Dives: FinovateFall Takes to Twitter.

Around the web

  • Baker Hill teams up with BOLTS Technologies to provide streamline account opening.
  • Jack Henry & Associates again named to 2017 IDC Financial Insights FinTech 100 Ranking.
  • Insuritas hires former credit union CEO, Rose Ann Lambert, as EVP of Corporate Sales.
  • CREALOGIX notes growth in international sales in release of 2016/2017 financial year results.
  • TickSmith adds fintech veteran Mark Rodrigues to its board of directors.
  • Texas-based Amplify Credit Union ($870 million in assets) to deploy Fiserv’s DNA 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.

 

CREALOGIX Purchases AI and Machine Learning Tech from Koemei

Swiss digital banking company CREALOGIX has bolstered its AI and machine learning capabilities with the acquisition of new technology from Koemei.

CREALOGIX will leverage Koemei’s technology that uses automated speech recognition (ASR) to convert audio, podcast, and video content into text data, which facilitates cross-media search capabilities. The platform is scalable for large, multimedia datasets and uses machine learning to analyze and optimize multimedia content. The University of Geneva has used Koemei’s technology to process 5,000+ hours of lectures, integrating the content with user-friendly text document searches.

To suit its business needs, CREALOGIX is adapting Koemei’s technology to suit the requirements of its customers by offering concept search, content analytics and statistics. Urs Widmer, CEO of Digital Learning at CREALOGIX, said that the new technology “is helping to secure added value and a competitive edge for our customers.”

Founded in 1996, CREALOGIX most recently demoed its Predictive Banking in Virtual Reality solution at FinovateEurope 2017 in London, where it won Best of Show. The company’s Marc Stähli, Head of Sales and CMO, and Eszter Vass, Sr. Product Strategy and Presales Consultant, showed how an immersive VR environment can better engage users to become involved in their personal finances. In July, CREALOGIX was recognized at The Goodacre Systems in the City Awards and last month was recognized by Wealth and Finance International for its digital financial advisory solution.

Finovate Alumni News

On Finovate.com

  • CREALOGIX Purchases AI and Machine Learning Tech from Koemei.

Around the web

  • Braintree Enables Apple Pay, Android Pay Support in Australia.
  • TradeRiver joins the International Chamber of Commerce.

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.