Finovate Alumni News

On Finovate.com

  • Envestnet | Yodlee’s AI FinCheck Takes Financial Wellness to a New Level.
  • Blockbid Partners with LexisNexis Risk Solutions and ThreatMetrix.
  • Ignite Sales and FIS Team Up on Digital Engagement.

Around the web

  • Revolut goes live in Russia courtesy of partnership with QIWI.
  • Clinc brings its conversational AI technology to Turkey’s Isbank.
  • BBVA teams up with IPsoft to enhance service at its call centers in Mexico.
  • PYMNTS.com interviews BlueVine CEO Eyal Lifshitz on the “real value of invoice factoring.”
  • CFO Tech Outlook names Urban FT a top ten fintech solution provider.
  • NF Innova powering omnichannel banking for Halkbank ad Skopje.
  • Geezeo issues fully-fledged launch of Responsive Tiles PFM feature.

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

  • Lender Price Integrates with Mortgage Management Solution from Ellie Mae.
  • WorkFusion’s $50 Million Round to Fuel Robotic Process Automation.
  • $1.32 Billion Raised by 26 Alums in Q1 of 2018.

Around the web

  • Retail chain Speedway names InComm Innovative Business Partner of the Year.
  • Technology from Malauzai and Geezeo contributes to new mobile app for Florida’s Axiom Bank.
  • YellowDog announces new partnership with [RE]DESIGN.
  • Mr. Cooper awarded Top Servicing Performance Rating from Fannie Mae. Come see Mr. Cooper’s demo at FinovateSpring next month.
  • Arxan launches new app security monitoring and analysis service, Arxan Threat Analytics.

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.

Jack Henry Marks 100 Bank Clients Using Geezeo-Powered Service

Banking technology services provider Jack Henry has reached a milestone today, marking more than 100 bank clients using JHA Online Financial Management powered by digital banking company Geezeo.

This comes after the two formed a partnership last March in which Jack Henry’s JHA Online Financial Management began integrating the Geezeo platform. Leveraging transaction data from Jack Henry’s core systems, Geezeo presents a seamless user experience through the Missouri-based company’s NetTeller Online Banking, goDough mobile banking, and Banno digital banking solutions (Jack Henry acquired Banno for an undisclosed sum in 2014). Geezeo’s transaction categorization, budgeting, alerts, cash flow calendars, and data aggregation tools help consumers manage their finances.

In the press release, president of Jack Henry Banking Stacey Zengel said, “Creating a rich, rewarding digital experience is paramount for any financial institution’s growth. JHA Online Financial Management offers a modern, engaging experience for the end user while acting as a business driver for the financial institution. It’s that combination of added service and revenue drivers that create compelling industry trends.”

Founded in 2006, Geezeo offers white-label financial management solutions. The company processes and stores billions of transactions to deliver relevant insights that help banks enhance the user experience. The Connecticut-based company demonstrated its business financial management at FinovateFall 2014.

Jack Henry is a division of Jack Henry and Associates, a public company that was founded in 1976. It is one of 49 fintech companies that the NASDAQ tracks on its Fintech Index. Jack Henry and Associates serves more than 9,000 banking clients nationwide. At FinovateFall 2015, the company demonstrated the Banno platform.

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.

Geezeo Powers PFM Platform for F&M Bank of Virginia

F&M Bank of Virginia, a community bank with $700 million in assets, has introduced its new, personal finance management solution, Squirrel. The solution will be powered by Geezeo’s engagement banking platform, which gives FIs the ability to deliver highly relevant content to their customers. At the same time, the solution gives consumers the ability to use digital tools to help make informed decisions about their financial lives.

“We knew we wanted to enhance our digital prowess and offer customers a solution to help them manage their financial well-being,” F&M Bank CEO Dean Withers said. “We are excited to launch Squirrel and look forward to leveraging digital and data to foster long-lasting relationships and mutually rewarding customer relationships.”

Serving the Shenandoah Valley with 13 full-service branches and more than 160 full and part-time employees, F&M Bank named its PFM solution “Squirrel” in harmony with its “long-standing tree logo.” The company noted in a statement that it hopes that Geezeo’s PFM solution will enable its customers to ‘stow away’ savings (the way squirrels notoriously stow away tree nuts) by helping them keep a sharper eye on their spending.

Platforms like Squirrel enable community banks to better compete with larger financial institutions. By enhancing customer engagement and offering unique services, community banks with robust digital platforms can also serve as a convenient hub for syncing financial information between a home bank and other accounts. Geezeo’s platform also provides banks with analytics based on their aggregated transactional and behavioral data, giving bank marketing teams the ability to offer more informed and targeted products and services to customers.

Geezeo demonstrated its TruBusiness white-label, BFM platform at FinovateFall 2014. Founded in 2006 and headquartered in Braintree, Massachusetts, Geezeo teamed up wth fellow Finovate alum, Digital Onboarding last fall, and last August introduced its new suite of UI/UX personalization and customization tools, Responsive Tiles. The company unveiled its new digital reputation management solution back in May – the same month Geezeo was named a finalist in NAFCU’s 2017 Innovation Awards. Geezeo includes TheStreet.com among its investors. Peter Glyman (President) and Shawn Ward (CEO) are co-founders.

Finovate Alumni News

On Finovate.com

  • AutoGravity Tops $2 Billion in Financing Requested Milestone.
  • Geezeo Powers PFM Platform for F&M Bank of Virginia.
  • Signicat Raises $2 Million to Build Out its Identity Assurance as a Service Technology.

Around the web

  • Forbes: Atlanta Startup Pindrop Makes Its Push To Power Security For The Voice Economy.
  • Chevy Chase Trust selects FIS for Unified Wealth Management Technology Platform and Services.
  • eMoney Advisor and Capital One announce new API data sharing agreement.
  • Check Point Technologies announces Infinity Total Protection, a new security model to prevent ‘Gen V’ threats and attacks
  • Investment News: Betterment beefs up 401(k) advisory board with ex-Vanguard expert.
  • BMO Financial Group chooses Up Real -Time Payments solution from ACI Worldwide.
  • Global payment providers IDT and Mercury FX to use Ripple’s XRP.
  • The Paypers interviews Roberto Valerio, CEO of Risk Ident, on getting the best from fraud prevention solutions.
  • First Data expands agreement with SBI Card.

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

  • Japanese Telecom NTT to Distribute Trusona Technology in Japan.
  • RealtyMogul Introduces new President, Aaron Halfacre.
  • Tradeshift Launches Innovation Center to Bring the Blockchain to Business Commerce.
  • Payfone Teams Up with U.K. Mobile Network Operator.
  • Expensify Reports More than 1 Million New Users and Double the Partnerships in 2017.

Around the web

  • Auto Finance Excellence talks with AutoGravity CTO Sheng Wang, who discusses the company’s new security features.
  • Sam Maule talks with Kabbage founder Rob Frohwein.
  • F&M Bank selects Geezeo to enhance digital banking.
  • Kantox partners with BELLIN to help support SMEs expanding globally.
  • Mitek and IdentityMind announce integration to enhance their digital ID verification capacities.
  • Zopa re-opens its platform for new customers.

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

  • Cloud Lending Solutions Picks Up Investment from ABN AMRO’s Digital Impact Fund.

Around the web

  • Digital Onboarding and Geezeo forge new partnership. See Digital Onboarding at FinovateFall next week.
  • Icon Solutions initiates functional testing between Instant Payments Framework and RT1.
  • Veridium CTO John Callahan discusses the potential of iris recognition as a biometric security solution for the enterprise.
  • Harborx Wins two Innovation Awards from the World Finance Markets.

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.

Responsive Tiles from Geezeo Help Banks Build Personalized Digital Experiences

Personalization and customization are the watchwords when it comes to designing a top quality digital banking experience. Unfortunately, for banks and credit unions lacking the technological know-how, the task of building a banking UI/UX that meets increasingly tough consumer standards can be a Herculean one.

The good news is that financial management solutions provider Geezeo has developed and released a new set of tools to enable FIs to create the same kind of seamless, personalized consumer experiences that people have come to expect with every other digital interaction in life. Responsive Tiles give banks and credit unions the ability to mix and combine core personal financial management features and content into both mobile and online platforms.

Pictured (left to right): Geezeo CEO Shawn Ward and President Peter Glyman demonstrating the TrueBusiness – Business Financial Management platform at FinovateFall 2014.

Providing more options by removing artificial barriers was front of mind for Geezeo in developing the new technology. “Consumers want simple money management tools that support daily and long-term financial needs, and banks are recognizing that they need to blur the lines between traditional digital banking features and PFM,” Geezeo President and co-founder Peter Glyman said. Matt Tollerton, VP and Director of Digital Banking at Central Bancompany praised the way the platform “incorporates simplicity and contextual relevance” and said Responsive Tiles would support the bank’s goal of being seen as a responsible and trusted partner for customers. “We’re putting the tools where the customer will use them, at a place and point where they’ll need them,” Tollerton said.

Responsive Tiles leverage Geezeo’s API to give FIs ready access to a suite of solutions that can be incorporated into existing online and mobile banking channels. The solution supports all display types, and tiles can be configured to match the colors and sizes designated by the bank or credit union. Geezeo can also build 100% custom tiles for clients. “We want to help make their digital banking experience unique and representative of their mission and brand,” Glyman said. “A Responsive Tile strategy is likely the best model for most our clients to see this idea come to fruition.”

Among the solutions included in the Responsive Tile library are:

  • Account Sync (aggregation)
  • Categorical Expense Tracker
  • Daily Spending Calculator
  • Net Worth Analyzer
  • Recent Cashflow Analyzer
  • Spending Analysis Tool

Founded in 2006 and headquartered in Braintree, Massachusetts, Geezeo demonstrated its TruBusiness – Business Financial Management platform at FinovateFall 2014. In April, the company announced a partnership with Liberty Bank, the oldest mutual bank in Connecticut, with $4.5 billion in assets and 55 banking offices throughout the state. Other partnerships forged this spring include an agreement with digital banking platform provider, Computer Service Professionals, and a deal with fellow Finovate alum Jack Henry & Associates. In May, the company’s marketing arm, Geezeo Interactive, introduced its digital reputation management solution. The service is geared toward credit unions and community banks and is designed to help smaller FIs establish a positive presence and share their message online.

Finovate Alumni News

On Finovate.com

  • Responsive Tiles from Geezeo Help Banks Build Personalized Digital Experiences.
  • Accenture Acquires Verax to Boost Canadian Operations.
  • Urban FT Bids to Acquire Digiliti Money [UPDATE: Bid Rejected]

Around the web

  • Let’s Talk Payments interviews David Vélez, founder of Nubank.
  • Visa to encourage Australian banks to embrace biometric authentication in new security roadmap.
  • InComm buys distribution rights to American Express’ prepaid reloadable and gift card business in the U.S.
  • Flywire Simplifies Compliance with New Cross-Border Education Payment Requirements in Ireland.

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.