Finovate Alumni News

On Finovate.com

  • RightCapital Announces Integration with Envestnet | Tamarac.
  • Plug and Play Plans New Middle East Innovation Platform in Partnership with Abu Dhabi Global Market.

Around the web

  • FIS introduces FIS Code Connect to facilitate access to its APIs.
  • Ixaris launches its Open Payments Cloud initiative.
  • Auto Finance News interviews AutoGravity EVP of Business Development, Stuart Holmes.

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

  • SumUp Goes Beyond mPOS with New Online Payments Suite.
  • Hot Takes! Fierce Debate! Finovate Presents the Battle of the Fintech Analysts.

Around the web

  • Ixaris appoints WorldPay co-founder and former Skrill/Paysafe Group CEO David Sear as Chairman
  • Leumi Card to use Feedzai’s Artificial Intelligence platform to fight fraud.
  • PYMNTS takes a look at Modo’s COIN technology.
  • iSignthis deploys its Payidentity service to Borgun.

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

  • Check out sneak peeks of FinovateSpring demos from MapD, Horizn, Onist, Capitalise, PayNearMe, Baker Hill,  and Moxtra.

Around the web

  • North State Bank leverages nCino’s bank operating system to automate its commercial loan process.
  • Ixaris introduces OPC Live! Innovation Challenge to encourage development of B2B payments technologies.

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

  • FundAmerica Unveils New RegTech Tools.
  • Qapital Raises $12 Million, Adds Debit Card Functionality

On FinDEVr.com

  • Check out these previews from upcoming FinDEVr New York presentations:

Around the web

  • OutsideIQ teams up with Genpact to bring better risk management, KYC, and AML compliance solutions to banks.
  • Ixaris Technologies unveils its Open Payments Cloud platform for developers at upcoming hackathon.
  • Top 10 global bank deploys mobile capture technology from Kofax.
  • IBM forges strategic partnership with Salesforce, connecting AI platforms IBM Watson and Salesforce Einstein.
  • Bluefin Payment Systems joins forces with The Pinnacle Corporation, bringing point-to-point encryption (P2PE to the latter’s Palm POS platform.
  • CB Insights lists NetGuardians on the regtech map.
  • WeInvest piloting roboadvisory service with OCBC Bank.
  • eWise to power customer loyalty app for Gini.

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

  • FinDEVr Flashbacks: Full Presentation Videos Now Live

Around the web

  • ACI Worldwide teams up with Turkish Bank U.K. to connect to the U.K. Faster Payments system.
  • CardFlight partners with Security Card Services to provide SwipeSimple to SCS merchants.
  • Digital KYC service from iSignthis to automatically verify key controllers with Ixaris.
  • Thomson Reuters unveils cloud-based audit solution, Checkpoint Engage.
  • Jim Grech appointed as new Chief Information Officer at Fiserv.

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

  • Fintech Trending: Look Who’s Chasing Venmo, Student Loan Servicing Falls Short
  • DriveWealth Adds Real-Time Margin

Around the web

  • The Times of India examines the role Ripple can play in reducing the costs of overseas remittances.
  • iSignthis integrates its digital KYC technology with Ixaris.
  • Axis Bank’s Tagit-powered app adds augmented reality.
  • Cortera announces 100th release of its Cortera Pulse product.
  • Quisk rolls out mobile-money platform at National Commercial Bank Jamaica Limited.
  • Philadelphia Business Journal names eMoney Advisor one of the “Best Places to Work” in Philadelphia.

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

  • Q2 Leverages MX Technology to Launch Contextual PFM
  • PTIN Gives Members Access to BizFi’s Aggregation Marketplace

Around the web

  • iSignthis to verify ultimate beneficial owners (UBOs) for fellow Finovate alum, Ixaris.
  • ABA Bank leverages TranzWare from Compass Plus to launch new Cash by Code service.
  • Top Image Systems earns spot as sample vendor in Gartner Hype Cycle for Digital Banking Transformation 2016.
  • Coinbase to extend its Bitcoin, ether services to both Canada and Singapore.
  • The Economist reports how EquityZen is catching on.
  • PC Magazine labels Xero the fastest accounting-software innovator.

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

  • Ping Identity Unveils Security, Usability Upgrades to IDaaS Platform.
  • defi SOLUTIONS to Launch Full-Service Analytics and Reporting Platform by Year’s End
  • Coinbase Lands $10.5 Million in Strategic Investment from Bank of Tokyo Mitsubishi UFJ

Around the web

  • Misys honored by Celent Model Bank Awards for its work with Russia’s Alfa-Bank.
  • Holvi launches new debit card, Holvi Business MasterCard.
  • Risk Ident CEO Roberto Valerio writes about fighting account-takeover fraud.
  • Ixaris helps Amadeus build prepaid B2B wallet.
  • WattzOn unveils three new web and mobile tools for monitoring and managing utility bills.
  • The Street: Lending Club ‘Platform Investors’ Are Slowly Returning Despite Recent Hiccups
  • Buzz Points joins Jack Henry’s Symitar Vendor Integration Program.
  • iSignthis integrates with XM.COM to deliver due diligence Digital KYC service.
  • ProfitStars Ranked Among Top-50 Providers in MSPmentor 501 Global Edition.

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.

Ixaris Receives $6 Million in Funding After Spinning Off from Parent Company

IxarisHomepage

Payments-solutions provider Ixaris has spun off Ixaris Technologies, a dedicated B2B tech-focused arm that will support its Open Payment Ecosystem Platform, an offering that launched last June.

With the launch of Ixaris Technologies as a distinct company, the London-based company’s shareholders have contributed $6 million in launch funding to accelerate growth. Combined with its previous $10 million in equity funding, Ixaris’ total funding is $16.

CEO Alex Mifsud highlights the fiscal reasoning behind the spinoff: “Our B2B payment offering now accounts for 25% of Ixaris Group revenues, which exceeded $16 million in 2015.” He continues by explaining the market reason behind the separation: “The payments industry is shifting focus towards APIs and technology solutions to help drive open banking, further reinforcing that the time is right to launch a company dedicated to open payments.”

Ixaris’ sister-company EntroPay will focus on its self-service consumer and SMB virtual card business.

At FinovateEurope 2015, Ixaris launched a UI editor for its Open Payments Platform.

Finovate Alumni News

On Finovate.com

  • Check out this week’s FinDEVr APIntelligence.
  • “Avalara, Signifyd Bring Sales Tax, Fraud Solutions to Magento E-Commerce Marketplace”
  • “Ixaris Receives $6 Million in Funding After Spinning Off from Parent Company”

Around the web

  • BankNxt’s BIGcast interviews CEO Steve Hoffman of SayPay Technologies.
  • OutsideIQ joins fintech accelerator, Bank Innovation INV, as an API partner. See OutsideIQ at FinovateSpring in San Jose next month.
  • Vix Verify opens new offices in Atlanta, Georgia’s Transaction Alley as part of American expansion.
  • Algomi partners with IPC Systems to support buy-side users of its Honeycomb network.
  • Bank Innovation takes a look at CBANC and its effort to make social media work for banks.
  • “AuthenticID Wins All Payments Expo Shark Tank with CatfishAIR Identity Verification Solution”
  • Chase launches OnDeck-powered SMB Loan platform.
  • “CardFlight and Miura Systems Partner to Offer EMV and NFC Mobile POS Solution to the U.S Market”
  • MIT adopts Ripple validator to advance consensus and blockchain research.
  • “LPL Selects BlackRock’s FutureAdvisor as Robo Platform”
  • CIOReview names Praesidio in list of top 20 Most Promising Banking Technology Solution Providers for 2016.

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.