Alumni News– October 31, 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 Finovate-F-Logo.jpgRippleshot wins Up and Comer honors at Chicago Innovation Awards.
  • Vantiv announces agreement to provide merchant services to MUFG Union Bank.
  • Symitar division of Jack Henry introduces Malauzai-powered Episys Anywhere.
  • Breaking Banks interviews Derek Corcoran, Founder of Avoka.
  • App Annie releases new app, VPN Defender, published by Smart Sense.
  • Currency Cloud partners with XE.com to deliver money transfer solution for business.
  • Excess Return launches new Ideas Center and Screener modules in partnership with Keytrade Bank
  • Coinbase introduces Multisig Vault to enable companies to control their private keys on Coinbase.
  • Benzinga interviews Howard Lindzon on what’s next for StockTwits.
  • Quantcha enhances stock options search engine with integrated trading from Tradier.
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– August 26, 2014

  • Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Finovate-F-Logo.jpgACI Worldwide ranks #36 in Apps Run the Cloud’s Top 500 application vendors.
  • Startups.co.uk interviews Michael Kent, CEO and founder of Azimo.
  • TechCrunch profiles Finland-based startup, Holvi.
  • American Banker looks at how banks can use BizEquity’s app that enables small businesses to estimate the value of their company.
  • Wade Arnold, founder of Banno which was sold to Jack Henry & Associates, is 1 of 5 finalists honored in annual Silicon Prairie Awards.
  • SecureKey and Trustonic partner to enable SecureKey’s briidge.net Connect services to work with Trustonic in select mobile devices. Check out SecureKey at FinDEVr this fall.
  • Bank Mutual selects D+H’s Mortgagebot solution for end-to-end mortgage lending.
  • India’s Bank of Maharashtra deploys FIS payment platform.
  • The new Citi Wallet supports digital payments via MasterPass from MasterCard. See the company present at FinDEVr in San Francisco this fall.
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– July 16, 2014

  • Finovate-F-Logo.jpgpeerTransfer and Nelnet expand partnership, enhancing international payment options for educational institutions.
  • Xero MD Chris Ridd featured on Qantas radio. Check out Xero at FinDEVr, the first event for fintech developers.
  • Micronotes releases Mobile-SMS to automate the referral process through the mobile SMS channel to drive more sales.
  • Lendio launches program for brokers that helps more SMBs find financing by giving brokers and ISOs access to Lendio’s lending options.
  • New app from The Members Group alerts Google Glass wearers if a Dwolla-accepting merchant is nearby.
  • mBank deploys authentication technology from HID Global.
  • Jack Henry launches jhaEnterprise Workflow solution.
  • Coinbase integration brings bitcoin payments to Shopify merchants.
  • Zooz raises $12 million in round led by Blumberg Capital.
  • MasterCard’s MasterPass to enable in-app payments by August.
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– June 26, 2014

  • Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Finovate-F-Logo.jpgNutmeg raises $32 million from new investors.
  • Bank of Southside Virginia (BSV) to provide Banno mobile app courtesy of Jack Henry & Associates.
  • Chicago Tribune’s Blue Sky Innovation takes a look at the Technori Pitch event that featured Rippleshot.
  • DNAinfo Chicago looks at how Bolstr can now hit up investors for larger loans.
  • Monitise acquires Markco Media for up to £55M ($93.5 mil).
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– May 7, 2014

  • Finovate-F-Logo.jpgiFactor and Striata partner to offer robust push ebill solution to utilities.
  • Kingdom Trust and Bancbox partner to streamline the crowdfunding and P2P lending platform experience for the IRA investor.
  • Alternative lending pays up: Kabbage raises $50 million, Prosper pulls in $70 million.
  • Actiance extends Socialite to include Google+ & YouTube.
  • VentureBeat looks at the rise of P2P lending of many Finovate alums and predicts $1 trillion in loans by 2025.
  • App Annie now lets app developers track ads, app store optimization.
  • TradeHero launches a Chinese version, bringing the stock market game to traders in China.
  • Lend Academy speculates Prosper now valued $600 million, up from a $100 million valuation around eight months ago.
  • Personal Capital reaches 500,000+ registered users. Now is tracking over $70+ billion in & is managing $500 million in assets for clients.
  • Credit Sesame offers Target customers free ID protection, credit monitoring and credit scores without deadlines.
  • Jack Henry Banking’s Core Director processing platform deployed by Oklahoma State Bank and The Bank of Clovis in New Mexico.
  • BBVA Compass teams up with On Deck Capital to better score small business borrowers.
  • WSJ Personal Technology column recommends Dashlane as the “best way to manage online passwords.
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– May 6, 2014

  • Finovate-F-Logo.jpgCU Alliance hires Insuritas to build non-cyclical fee income for credit union members.
  • Wade Arnold wins CEO of the Year award from Technology Association of Iowa, weeks after selling Banno to Jack Henry & Associates.
  • Holvi moves HQ to downtown Helsinki.
  • Fidor AG is first bank to deploy Ripple protocol.
  • Lending Club announces partnership with Union Bank.
  • Fiserv’s TradeFlow enhanced to support SWIFT’s GETC.
  • Sonora Bank implements SilverLake core processing platform from Jack Henry Banking.
  • LendUp raises $50 million credit debt facility from Victory Park Capital.
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- May 2, 2014

  • Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Finovate-F-Logo.jpgMasterCard announces Australian launch of mobile payment app for education expenses.
  • PayPal partners with checkout app MyCheck.
  • SafetyPay teams up with Brazil’s UOL Boa Compra to bring online payments to gamers in Latin America.
  • SEC filings show Jack Henry’ & Associates’ $28 million cash expense for Banno acquisition.
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 Buys Banno for Undisclosed Sum

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Jack Henry has announced completion of its acquisition of mobile marketing and responsive web design specialist, Banno. The amount of the acquisition was not disclosed.

The move is the consummation of a relationship that began in the summer of 2013, when Jack Henry & Associates’ ProfitStars deployed Banno’s mobile financial app, Grip, as a white-label solution. 

The success of the technology, and a sense of compatibility between the cultures of the two companies, led to a closer relationship, a partnership and, in less than a year, the completed acquisition announced this week.

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Banno CEO, Wade Arnold said, “It’s an exciting time to be an innovator in the financial services industry, and this acquisition is a tremendous opportunity for Banno to leverage JHA’s proven technologies.”
In addition to Grip, the Banno acquisition will provide Jack Henry with additional resources to add to its already-considerable arsenal. These include tools for designing and developing responsive websites, and an online advertising platform.
David Foss, president of ProfitStars (one of Jack Henry & Associates’ three primary brands) said, “Banno’s innovations in the online and mobile space are impressive, and we’re exciting to combine out strengths in a way that expands our online and mobile suite.”

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Jack Henry & Associates is a major provider of technology solutions for financial institutions. Its major brands include Jack Henry Banking, Symitar, and ProfitStars.
With more than 375 customers, Banno was recognized by American Banker as one of ten financial companies to watch for in 2013. The company was founded in Cedar Falls, Iowa in 2008 (as T8 Webware), and is currently headquartered in Des Moines.
Jack Henry & Associates was on the Finovate stage as recently as February, demoing Datavault alongside partner, Luminous. Banno demoed its marketing solution for banks and financial institutions at FinovateSpring 2013.

Finovate Alumni News– March 6, 2014

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  • iQuantifi launches financial advice platform to general public.
  • Billeo and Danal partner to create a mobile ID solution for Billeo’s XpressBuy checkout service to make it easier by autofilling forms with your relevant information.
  • GMC Software Technology and Kony partner to develop next-gen document tech solutions for businesses.
  • SecureKey Concierge Service tops one million-credential mark.
  • American Banker takes a look at Jack Henry & Associates and its acquisition of Banno.
  • FinovateEurope: Behind the Scenes with Arxan Technologies, Kensho, and Plutus Software.
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 — March 4, 2014

  • VerifyValid announces new iPhone app, Mobile Checkbook.
  • Finovate alums Fiserv, MicroStrategy, Digital Mailer, LICUOS, and CUneXus demo at Bank Innovation 2014 DEMOvation event. Catch Fiserv and CUneXus at FinovateSpring 2014 in San Jose.
  • MasterCard expands presence in Africa, entering seven new 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.

Recently partnered Jack Henry & Associates and Luminous Demo DataVault

This post is part of our live coverage of FinovateEurope 2014.

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Luminous, along with its partner Jack Henry & Associates, started off the second day of FinovateEurope with its DataVault:
“DataVault is a virtual safety deposit box that allows banking customers to upload, sort, and store personal and business documents in one secure place. Now customers can bank online with important documents just a click away.”
Presenting Phillip Wood (Sales EMEA, Jack Henry & Associates) and Andrew Teversham (CTO, Luminous) 

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Product distribution strategy: Through financial institutions
HQ: Monett, Missouri, USA (Jack Henry & Associates) & Johannesburg, South Africa (Luminous)
Founded: 1976 (Jack Henry & Associates) & 2009 (Luminous)
Product Launch: November 2013
Twitter: @ProfitStars, @LuminousBanking

Finovate Alumni News– February 4, 2014

  • Finovate-F-Logo.jpgNous makes it to the finals of UK’s Million Pound Startup competition. Check them out at FinovateEurope in London.
  • Luminous partners with Jack Henry & Associates. Come see them both at FinovateEurope next week.
  • Pindrop Security achieves record growth in 2013 fueled by rising phone-based fraud.
  • Sun Hearlad features Finovera as a new site to help manage personal finances.
  • In yet another partnership, Refundo partners with Stripe to process payments for tax preparers.
  • CNB Texas launches responsive design website from Banno for greater cross-sell potential.
  • Top-Five U.S. Bank makes million dollar investment in software licenses for Kofax’s Mobile Capture. Come see Kofax’s live demo at FinovateEurope.
  • VentureBeat lists TransferWise among London’s hottest startups.
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.