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.
  • savedroid initiates the first German ICO to drive broader blockchain inclusion.
  • 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

  • PayPal Makes Strategic Investment in Online Lender, LendUp.
  • Summit View: Trends and Challenges for Digital Lenders.

Around the web

  • OakNorth Bank is first European FI to deploy nCino’s Bank Operating System.
  • Avoka opens new office in Germany to support German-speaking banks in the DACH region.
  • IDology unveils ExpectID Call Verification to help fight call center fraud.
  • Klarna teams up with Knomo to give new purchase options to Knomo shoppers.
  • Bill.com announces deeper integration with Intuit’s QuickBooks.
  • DefenseStorm readies for July webinar on cybersecurity for financial services.

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

  • AlphaPoint Launches Solution for Initial Coin Offerings
  • Finovate Alums Prepare for Citi Tech for Integrity Challenge Finals

Around the web

  • Bellingham, Washington-based Whatcom Educational Credit Union (WECU) to deploy core processing technology from Fiserv.
  • Digital Wealth Insights reviews Moven Enterprise.
  • Ledger announces XRP support on Nano S and Blue.
  • IDology named one of 2017’s Best and Brightest Companies to Work For in Atlanta.
  • Bankless Times: Lighter Capital an alternative for tech startups.
  • Barefoot Innovation Group features Bill Harris, CEO of Personal Capital.
  • Check Point’s SandBlast Mobile receives Miercom’s Certified Secure 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.

Finovate Alumni News

On Finovate.com

  • “Interactions Names New CFO”
  • “Fidor Bank Opens its Doors in Dubai; Ge Drossaert Tapped as Managing Director”

On FinDEVr

  • “BlockCypher to Developers: Your Ethereum Toolkit is Ready

Around the web

  • CU Times’ white paper features IDology.
  • Crowdfund Insider interviews Zopa CEO Jaidev Janardana.
  • Bank of Newington and Cleveland State Bank deploy Core Director platform from Jack Henry.
  • Narrative Science partners with client reporting and communications software company, Vermilion Software.
  • Pirean opens local support centre for the Australia and New Zealand markets.
  • Insuritas to power insurance agency for Community Resource Credit Union.
  • VoicePIN opens U.S. office.

This post will be updated throughout the day as news and developments emerge. You an also follow all the alumni news headlines on the Finovate Twitter account.

Finovate Alumni News

On Finovate.com

  • “Digital Asset Holdings Acquires Blockchain-as-a-Service Innovator, Blockstack.io

Around the web

  • Let’s Talk Payments interviews John Dancu, IDology CEO.
  • AlphaPoint unveils StreamCore to help banks take advantage of blockchain data.
  • Fastacash partners with Xpress Money to launch XOPO, enabling cross-border money-transfers via social networks and messaging channels.
  • Security solutions from Arxan Technologies now running on more than 500 million devices.
  • RIA Biz highlights MaxMyInterest in feature on the NAPFA Fall Conference.
  • ETFdb interviews CEO Maz Jadallah of AlphaClone.
  • Martin Beaulieu, former BlackRock managing director, joins BrightScope as adviser.
  • CurrencyFair expansion to bring 50 new jobs to Dublin, Ireland, over the next year.
  • Porch.com acquires Fountain, a startup launched by Mint founder, Aaron Patzer.
  • Chinese smartphone maker Nubia unveils phone with EyeVerify authentication technology.

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.

IDology Announces “Significant” Strategic Equity Investment in Payfone

IDology_homepage_Oct2015

IDology, an identity-verification specialist out of Atlanta, has made a strategic equity investment in mobile authentication startup and fellow Finovate alum, Payfone.

Terms were not immediately available, but the investment was described as “significant” by IDology, according to reporting at American Banker. And as part of the investment, IDology has integrated Payfone’s network authentication into its ExpectID Mobile solution.

With this move, IDology will add both network authentication and transaction monitoring to its ID verification and anti-fraud solutions. ExpectID Mobile works by establishing a persistent mobile identity for each consumer that can be maintained through multiple life cycle change events. The mobile identity is resistant to mobile fraud tactics and can be created with or without ID verification.

Payfone_homepage_Oct2015

IDology CEO John Dancu added that the partnership reflects IDology’s commitment to mobile technology that “strike(s) a balance between convenience and security” and provides “frictionless access to products and services.” Payfone CEO Rodger Desai called IDology an “excellent strategic partner” and said the new relationship also would be an opportunity for his company to fight fraud in markets such as alternative finance and payment gateways.

Recent headlines for IDology include the fall 2015 launch of its email validation technology, ExpectID Email in September, and picking up the Southeastern Software Association Impact Award from the Technology Association of Georgia in the Technology Solutions Provider category in May. A finalist in the 2015 Business Intelligence Group (BIG) Innovation Awards, Payfone made a major pivot two years ago to focus its technology away from payments and toward authentication. Read more about Payfone in an interview with Desai in the New York Business Journal.

Founded in 2003, IDology demoed its ExpectID Enterprise solution at FinovateFall 2012 in New York. Payfone also made its Finovate debut at the fall conference in New York in 2012. Founded in 2008 and headquartered in New York City, the company demonstrated its 1 Touch Checkout solution.

Finovate Alumni News

On Finovate.com

  • “IDology Announces “Significant,” Strategic Equity Investment in Payfone
  • “Worldpay Goes Public; Shares Rally on Trading Debut”

Around the web

  • Fastacash announces strategic investment in Myanmar-focused, MyPAY.
  • American Banker interviews CEO Manolo Sanchez, BBVA Compass.
  • Persistent Systems announces technology partnership with Municipal Corporation.
  • Independent.IE features CurrencyFair, Expensify, and PayPal in a review of 20 PFM apps.
  • Fox Business interviews Blooom President Greg Smith on the future of 401(k) plans.
  • Silicon Review lists SnoopWall as 1 of 20 fastest growing security companies.
  • The Hindu features Cloud Lending Solutions’ co-founder Snehal Fulzele.
  • Interactions wins bronze Stevie Award in the Most Innovative Tech Company of the Year category. This is its fourth consecutive Stevie Award.
  • Slush.org interviews Kristo Kaarmann, TransferWise co-founder.
  • The Culture Trip highlights Kantox in its review of successful Barcelona startups.

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

  • “American Banker’s “20 Fintech Companies to Watch” Features Eleven Finovate Alums”
  • “Kabbage’s Fresh $135 Million to Help Grow Karrot Consumer Lending Platform”
  • “Hoyos Labs Unveils 4F Smartphone Authentication Technology”

Around the web

  • IDology makes an equity investment Payfone.
  • Insuritas to install insurance agency solution for MAC FCU’s 14,000+ members.
  • PocketSmith launches in Xero Add-On Marketplace.
  • Fidor Bank wins in two categories, Lending Club and Idea Bank both come in first, at BAI Retail Delivery’s Global Banking Innovation Awards.
  • WSJ features BehavioSec and Nymi in article “The Next Security Frontier: The Human Body”
  • mBank launches biometrics in its mobile application dedicated to corporate customers.
  • PYMNTS profiles Moven in the wake of its recent $12 million fundraising.
  • Markit unveils cloud-based, Know Your Third Party (KY3P) service to make it easier to manage third-party risk-processes.
  • Blackhawk Network and Stockpile partner to make eGift cards for stock available at select retailers in the U.S.
  • Meniga receives a World Summit Award for best technological solution in e-business and commerce.
  • TechCrunch: “Ping Identity Opens Up About Its Financials As It Eyes 2017 IPO”

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 11, 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.jpgMalauzai Software announces launch of its SmartMarketing program to promote mobile banking.
  • Azimo extends £1 money transfer service to India, Pakistan, Bangladesh, and Sri Lanka.
  • Information Week takes a look at mobile payment apps including Flint.
  • Mortgage Harmony rebrands as Rate Reset.
  • Contact Solutions, IDology, and Pindrop Security team up to Cut IVR Fraud.
  • Examiner.com: Dynamics‘ next-generation credit card features buttons to log-in PIN security code.
  • Lendio CEO explains how his company is fueling the American dream.
  • Prosper comments on Lending Club IPO, expects to top $9 billion in loans this year.
  • PayNearMe partners with Department of Health and Human Services to spread the word about healthcare.
  • Bluefin Payment Systems to provide its PCI-validated Point-to-Point Encryption (P2PE) Solution to Priority Payment clients.
  • Career Bliss lists PayPal, Intuit, and Google in the top 50 happiest companies in the U.S.
  • Lending Club launches IPO, shares rally 70% in early trading.
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– September 2, 2014

  • Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Finovate-F-Logo.jpgMobile payments app from BBVA earns more than 250,000 downloads since launch last December in Spain.
  • Knox Payments picks up $625,000 in venture round funding. See them demo at FinovateFall 2014 in New York this month.
  • Issuer Direct chooses Top Image Systems to drive incoming document automation.
  • P2P lender, SocietyOne, to offer free credit scores to customers.
  • MicronotesCross-Sell interview marketing platform now automatically reports Net Promoter Score.
  • Advanced Merchant Payments 1 of 8 fintech startups to enter the FinTech Innovation Lab in Asia-Pacific.
  • Jumio and IDology announce partnership to enable verification via government-issued ID in card-not-present situations.
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.