Finovate Alumni News

Around the web

  • Entrust Datacard appoints Beth Klehr Chief Human Resources Officer.
  • Emida announces it is actively seeking partnerships with early-stage tech companies whose products and services support the Telecommunications sector.
  • Advice Robo and Neener Analytics selected for BNP Paribas and Plug and Play accelerator program.

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

  • BillShark Lands Funding and Advisory Backing from Mark Cuban.
  • Revolut Unveils New Savings Solution, Vaults.

Around the web

  • Openbank, Santander Group’s digital bank, to deploy WealthSuite from Temenos.
  • The Victory Bank chooses ProfitStarsCommercial Lending Center Suite to support commercial loan growth.
  • Identity verification provider Onfido names David Clarke as new CFO.
  • First National Bank of Eagle Lake in Texas partners with Insuritas to launch bank-owned insurance agency.
  • NTT Data announces successful completion of PoC data analysis trial for Bank of England, Join NTT Data at FinovateSpring, May 8-11.
  • CAN Capital hires Tom Davidson as Chief Financial Officer.
  • Entrust Datacard’s IntelliTrust Authentication Solution wins Frost & Sullivan’s 2018 North American Technology Leadership Award.
  • TechCrunch: Twilio’s wireless platform hits general availability.

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

  • Backbase Partners with SGBL to Support Digital Transformation.
  • Munnypot to Power Jyske Bank’s Robo Advisor Tools. Come see Munnypot’s demo of its newest technology at FinovateMiddleEast next week.
  • Temenos Agrees to $1.96 Billion Takeover of Fidessa Group.

Around the web

  • Entrust Datacard receives the Blue Shield Technology Innovation Award for Security and Anti-Counterfeiting Technology.
  • ACI Worldwide recognized as fraud innovation firm of the year by Finance Monthly.
  • Ping Identity wins gold in the Identity Management category by the Cybersecurity Excellence Awards.
  • NICE Actimize introduces its next generation Suspicious Activity Monitoring solution.

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.

Entrust Datacard Teams with Gemalto

Identity authentication and secure card issuance company Entrust Datacard has formed a major partnership this week. The Minnesota-based company teamed with payment card supplier Gemalto to offer a SaaS-based instant issuance solution for U.S. banks.

The new offering pairs Entrust Datacard’s instant issuance technology with Gemalto’s SaaS platform, lowering the barrier to entry to create an easy-to-deploy instant issuance solution for any size financial institution. The technology gives banks complete control over the card issuance delivery process and, when they issue cards in the branch, they benefit from cost reductions not only in the form of savings on postage, but also from lowered overhead.

Here’s how it works: once a bank branch installs Entrust Datacard’s instant issuance printers they can personalize and print EMV cards on-demand. The issuance software is hosted and managed by Gemalto’s secure, cloud-based SaaS infrastructure.

In the press release, Karen Kaukol, Vice President of Instant Issuance at Entrust Datacard said, “With a SaaS-based instant issuance solution, we are able to not only provide financial institutions with the ability to instantly meet their customer’s needs, but do it in a manner that drives retention, and increases activation and usage rates, all while reducing the overhead expenses to the bank.”

Entrust Datacard was founded in 1969 and presented at FinDEVr Silicon Valley 2016. Jason Soroko, Security Technologies Manager, and Matt Rose, Technical Sales Consultant, spoke to the audience of developers on Safeguarding Your Banking Applications. With more than $600 million in annual revenue, Entrust Datacard has 2,000 colleagues working around the globe to serve customers in 150 countries. Last month, the company partnered with the government of Ghana to help it issue national identity cards to its citizens in real time.

Finovate Alumni News

On Finovate.com

  • Onfido to Power KYC for Arro Money.
  • IdentityMind Global Introduces Anti-Fraud Solution for ICOs.
  • Entrust Datacard Teams with Gemalto.

Around the web

  • Fiserv sells 55% of Lending Solutions business to Warburg Pincus.
  • Lendio announces new Lendio franchise in New Hampshire’s Seacoast Region.
  • Financeit appoints Dante Tamburro as general counsel and Chief Compliance Officer.
  • Ripple to power instant payments to China courtesy of new partnership with LianLian International.
  • The Future Laboratory leverages technology from Quid to build its Trends of the Trends 2018 report.
  • Mint2Save reviews universal mobile wallet app, Soundpays.
  • Gartner recognizes NICE as a leader in Workforce Engagement Management for a second year in a row.
  • PYMNTS interviews Jumio Director of Product Management, Reinhard Hochrieser on the challenges of abandonment in online banking.
  • Expensify unveils website enhancements to improve credit card import, simplify billing currency section.
  • Lend Street Financial and Marqeta earn spots in The Tech Tribune’s list of the 10 Best Tech Startups in Oakland.
  • National Australia Bank (NAB) to allow business customers to make payments directly via Xero’s accounting platform rather than its own online banking site.

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.

Ghana Government to Leverage Entrust Datacard to Issue National ID Cards

Identity and transaction technology solutions company Entrust Datacard has agreed to team up with the government of Ghana this week. Through a partnership with Identity Management Systems, a subsidiary of Margins Group, Entrust will help the Ghana government issue national identity cards to its citizens in real time.

The new GhanaCard meets all international requirements, including chip-embedded technology and biometric capabilities. Starting this month, the government will begin issuing the ID to 16 million citizens.

The distribution of the cards relies on Entrust Datacard’s instant issuance technology. The real-time issuance of the cards saves Ghanian citizens from having to pick up their ID in person. Furthermore, it saves the government from the administrative hassle of dealing with cards that were never picked up.

“Identity Management Systems designed a custom solution that fits Ghana’s economic and social needs, utilizing Entrust Datacard printers,” said Xavier Coemelck, regional VP for Entrust Datacard EMEA. “Entrust Datacard technologies will enable the government of Ghana to improve service to its citizens and help ensure secure access to rights and services. This project demonstrates our ability to customize our solutions to fit all customer requirements.”

Entrust Datacard was founded in 1969 and presented at FinDEVr Silicon Valley 2016. Jason Soroko, Security Technologies Manager, and Matt Rose, Technical Sales Consultant, spoke to the audience of developers on Safeguarding Your Banking Applications. Headquartered in Shakopee, Minnesota, Entrust Datacard has 2,000 colleagues working around the globe to serve customers in 150 countries.

Finovate Alumni News

On Finovate.com

  • Coinbase Names Asiff Hirji as President and Chief Operating Officer.
  • ID.me Teams Up with General Motors to Support Military Discount Program.

Around the web

  • Forrester Research names TIBCO a leader in Enterprise Data Virtualization.
  • Entrust Datacard acquires cloud cryptographic service provider, Trustis Limited.
  • Finastra finishes testing to provide connectivity to the European instant payments infrastructure.
  • The Silicon Review features IDology in its list of the 50 fastest growing tech companies in 2017.
  • Credit Strategy reviews how Intelligent Environments won the Best Collections Technology Award.
  • Voleo enables cryptocurrency trading on its SimuTrader App.

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

  • Stockpile Raises $30 Million to Boost Millennial Stock Ownership.
  • Vera to Provide Data Security Services for GE

Around the web

  • Meniga expands global footprint with new office opening in Poland
  • Mediterranean Bank Goes Live With Infosys Finacle Lending Solution
  • Revolut expands services with cell phone insurance in the U.K.
  • Entrust Datacard joins the Industrial Internet Consortium
  • NYMBUS Introduces Next-Generation Digital Platform For Internet And Mobile Banking
  • CardFlight partners with Dynamics Payments to help businesses affected by Hurricane Maria by waiving monthly and setup fees for SwipeSimple.

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 Preview: Entrust Datacard

FinDEVr PreviewsFinDEVrSV16-withdate highlight companies presenting new developer tools, platforms, and integrations at FinDEVr Silicon Valley 2016, October 18 & 19. Tickets are on sale now. Visit our registration page and save your spot today.

With Entrust Datacard you’ll learn how integrating second-factor authentication into banking applications using soft tokens and one-time passwords (OTPs) can safeguard your banking applications. Banks can leverage the security protection offered by Entrust Datacard without the need for a large investment in development resources.

screen-shot-2016-10-05-at-2-50-09-pm

Why it’s a must-see

  1. Offers a simplified way to incorporate second-factor authentication into banking applications.
  2. Helps combat fraudulent transactions, especially card-not-present fraud, which is on the rise due to the move to EMV technology.
  3. Ability to leverage this technology without significant investment in resources.

Check out more of today’s FinDEVr Previews:

Finovate Alumni News

On Finovate.com

  • A Deep Dive into the Upcoming FinDEVr Silicon Valley 2016

Around the web

  • Idaho Central CU to deploy Alkami ORB platform.
  • Thomson Reuters unveils blockchain dev platform, BlockOne ID.
  • Banking Technology looks at Misys and its plans for a November IPO.
  • Revolut partners with Bank of Lithuania to promote cross-border payments.
  • Hyperwallet introduces its Tax Compliance Services initiative.
  • Cloud Lending Solutions appoints new chief revenue officer and chief financial officer.
  • Yandex.Money to offer mobile money-transfers and support-group chats for crowdfunding via Apple’s iMessage.

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.