Finovate Alumni News

On Finovate.com

  • Fenergo Helps Santander Enhance Customer Onboarding Experience.

Around the web

  • Juvo partners with Malaysian mobile virtual network operator (MVNO), Tune Talk. Join Finovate as we return to the Far East for FinovateAsia in November.
  • Alpha Payments Cloud accentuates its end-to-end middleware technology in rebrand to Alpha Fintech.
  • Klarna completes acquisition of German online payment specialist, BillPay.
  • ID.me adds support for FIDO U2F (Universal Second Factor) Security Keys.
  • DefenseStorm wins 2017 IDC FinTech Rankings Real Results Award for Digital Trust and Stewardship.
  • Alpha FinTech (formerly Alpha Payments Cloud) and Market IQ shortlisted for inaugural FinTech Abu Dhabi Innovation Challenge in October. Join our first foray to the Middle East as Finovate comes to Dubai in December.
  • Hip Pocket founder Mark Zmarzly to help promote innovation and provide mentorship to fintech startups in Australia as part of new Queensland-sponsored initiative.

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

  • Behalf Teams Up with FinWise Bank to Boost Small Business Lending Options
  • Samsung to Power Biometric Authentication Pilot for Bank of America
  • ACH Alert’s Fraud Prevention HQ Empowers Account Holders to Stop Suspicious Transactions

Around the web

  • PayPal unveils two new innovation labs in India.
  • Albany, New York-based SEFCU chooses Fiserv as technology partner.
  • FICO selects Amazon Web Services as its cloud provider.
  • SF Chronicle profiles mortgagetech innovator, Unison, in feature on downpayment assistance for Bay Area homebuyers. Join them next month in New York for FinovateFall.
  • GoBankingRates highlights AutoGravity, M1 Finance, Venmo, Mint in list of best personal finance apps
  • ID.me hires Julie Filion as Chief Marketing Officer.
  • eMoney Advisor moving into Rhode Island offices, expects to hire 100 by 2020.
  • Flywire Offers Summertime Deal for International Tuition Payments with Mastercard.
  • StreetShares adds Heather Tuason as new Chief Product Officer.

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

  • Market Earlybird Helps Market Professionals Identify Trading Opportunities First.
  • Additiv Lands $25.5 Million Investment
  • Algomi Acquires AllianceBernstein’s ALFA’s Fixed Income Liquidity and Analytics Tool

Around the web

  • Kony partners with KMC controls to bridge mobile apps and IoT
  • Clover now enables Android Pay’s Smart Tap
  • TickSmith releases a Python API for the new generation of financial data scientists
  • ID.me wins Trailblazer Award at 1st Annual K(NO)W Nodes Awards Show
  • Finextra: Google and PayPal partner for mobile shopping by fingerprint
  • ProfitStars introduces Automated Website Governance Solution
  • FinovateAsia Best of Show winner Finn.ai earns spot in Payments Canada’s pitch competition, Dragon’s Den.
  • OutSystems adds Tom Schodort and Bill Macaitis to its board of directors.

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.

FinovateSpring Sneak Peek: ID.me

IDme_homepage_April2017

FS2017-Logo(rev)V1A look at the companies demoing live at FinovateSpring on April 26 & 27 in San Jose. Pick up your tickets today and save your spot.

The ID.me Identity Gateway provides identity federation services to federal agencies, healthcare orgs, retailers, and FIs to streamline authentication, onboarding, and attribute validation.

Features:

  • Single sign-on accredited by the federal government as a legal form of ID for authentication across domains
  • Credential broker for identity federation
  • Customized attribute validation

Why it’s great
The market is bigger for all via reduced acquisition cost for account opening, customer frustration, and fraud if consumers have agency over a federated login for easy authentication across websites.

IDme_BlakeHall_FS2017Presenters:

Blake Hall, Founder and CEO
Hall is the founder and CEO of ID.me. Prior to founding ID.me, he served in Iraq where he earned the Bronze Star with Valor for heroism. He holds degrees from Vanderbilt and HBS.
LinkedIn

 

IDme_SteveSmith_FS2017Stephen Smith, Director of Strategic Partnerships
Smith is the Director of Strategic Partnerships at ID.me. Prior to ID.me, Smith served in Iraq where he earned the Bronze Star with Valor for heroism. Smith leads ID.me’s engagements with FIs.
LinkedIn

 

Finovate Alumni News

On Finovate.com

  • Fintech Favorites: A Roundup of Top Stories in Fintech
  • Aire Raises $2 Million, Receives Regulation from the Financial Conduct Authority (FCA)

Around the web

  • India-based HDFC Bank selects Backbase to implement its digital banking platform.
  • Inc. Magazine features entrepreneur and veteran Blake Hall, CEO and co-founder of ID.me.
  • Neustar appoints Nick Hulse as chief revenue officer.
  • Kristina Campbell joins PayNearMe as chief financial officer.
  • Fiserv collaborates with CoreLogic to provide enhanced loan-modification technology.
  • Xero teams up with Barclays to improve access to transaction data for U.K. businesses.

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.

ID.me Lands $3.7 Million Grant

Screen Shot 2016-08-29 at 8.48.04 AM

Last week, digital identity network ID.me received a grant from the National Institute of Standards and Technology (NIST). ID.me was awarded $3.75 million through NIST’s program called the National Strategy for Trusted Identities in Cyberspace, which focuses on researching new forms of identity management.

ID.me, a Virginia-based company, is one of six grant recipients that received a cut of the total $15 million, which was divided into amounts from a little under $1 million to $3.75 million. ID.me will use the funds to pilot what’s known as federated credentials, a single set of credentials that works on multiple websites.

Mike Garcia, director of the National Strategy for Trusted Identities in Cyberspace, says the goal of the program is to “foster innovation that can make critical services more convenient and trustworthy for consumers while strengthening online security.”

14109950416_9a0d035b06_kID.me’s Blake Hall, CEO and co-founder, and Ryan Fox, VP of product strategy, presented at FinovateSpring 2014

Founded in 2010, ID.me offers a way for people to prove their special group affiliations online—whether military, student, paramedic—to receive special promotions offered to their group. At FinovateSpring 2014 the company’s CEO and co-founder Blake Hall demonstrated how ID.me captures identity attributes without creating additional friction at checkout.

ID.me has received more than $17 million in funding from investors such as Silicon Valley Bank, USAA, and Scout VC. In 2014 the company acquired student discount platform Perkla.

Finovate Alumni News

On Finovate.com

  • ID.me Lands $3.7 Million Grant
  • Coinbase Offers Mobile Card Payment Option to European Bitcoin Buyers

Around the web

  • RightCapital announces new partnership with Alliance of Comprehensive Planners (ACP). See Right Capital at FinovateFall 2016 in New York next week.
  • Intuit unveils personalized app recommendations for QuickBooks Online.
  • Business News Daily names BlueVine Best B2B Factoring Service.
  • Top Image Systems increases footprint in Asia.

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 Launches Offers with Four Merchant Partners”
  • Gem Raises $7 Million in Series A”

Around the web

  • Blackhawk Network acquires GiftCards.com and OmniCard for $120 million.
  • EyeLock partners with Diebold to develop new ATM experience using mobile app, QR codes, and iris scanning.
  • Trustly partners with GoldMoney’s BitGold to connect with financial institutions for direct deposits and redemptions.
  • LiveRamp interviews Cardlytics CMO Dani Cushion.

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

  • DRAFT, Fidor US, Roostify to Present Solutions at Yodlee Ynext Incubator
  • $680 Million Raised by 29 Alums in Q1 2015

Around the web

  • BizJournals lists BancVue as one of Austin’s Best Places to Work in 2015.
  • American Banker interviews James Varga, CEO of miiCard, on sharing identity information.
  • Motif adds new trading alerts.
  • P2Binvestor selected as new network company by Blackstone Entrepreneurs Network Colorado (BENCO).
  • MaineBiz takes a look at CashStar and its new offices in downtown Portland.
  • Mountain America rolls out its new biometrics login technology courtesy of EyeVerify.
  • Fuze Networks acquires LiveMinutes’ online workspace platform.
  • Jwaalla celebrates signing its 100th credit union client, Palisades FCU.
  • Business Insider looks at how Klarna and its one-click payment technology could help save the newspaper business.
  • Reid Hislop tapped as new chief marketing officer at Avoka.
  • Inc. Magazine features ID.me CEO Blake Hall in a column on veteran entrepreneurs.
  • Equities.com talks crowdfunding and real estate with Jason Fritton, Patch of Land CEO.
  • Financial News interviews Ripple CEO, Chris Larsen on the future of the financial infrastructure.
  • SocietyOne has originated more than $30 million on its platform since launching in 2011.
  • Prosper announces record first quarter, with $595 million in loans through the platform, up 200% from Q1 2014.
  • WattzOn to help Montana residents save on energy expenses via the Bozeman Energy Smackdown.
  • Larky selected by the Kentucky Bankers Association to provide mobile local rewards program for member banks.

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

  • D3 Banking unveils its new mobile app.
  • American Banker takes a look at itBit and its plan to become a trust company in New York State. See itBit at FinovateSpring 2015.
  • PYMNTS.com’s roundup of the “Mobile Wallet Wars” features LoopPay.
  • Everett Blog previews version 3.0 of Encap’s smart authentication solution.
  • Financial-SpreadBetting.com interviews Sarah Brylewski, managing director at Ayondo.
  • BioCatch and Mistral Mobile win spots on Red Herring 2015 Top 100 Europe. See Mistral Mobile at FinovateSpring 2015 in San Jose.
  • TradeHero releases version 3.1.0 of its Android app.
  • DRAFT featured at LaunchingNext. See DRAFT’s Finovate debut at FinovateSpring in San Jose next month.
  • NICE Systems partners with Capgemini to deliver a new Robotics Automation Hub.
  • Washington Business Journal interviews Blake Hall, CEO of ID.me.
  • peerTransfer to provide its international tuition payments service at another 56 educational institutions.
  • TechCrunch’s guest column on “industry convergence” in financial services highlights Telenor Banka.

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.