Finovate Alumni News

On Finovate.com

  • Malauzai’s Vantiv Partnership to Leverage OnDot’s CardControl Tool

On FinDEVr.com

  • Check out today’s FinDEVr APIntelligence.

Around the web

  • Plaid and Dwolla partner to provide fully-tokenized ACH payment integration.
  • Myanmar’s First Private Bank selects Misys FusionBanking to digitize its banking operations.
  • HSBC Group to deploy client lifecycle management technology from Fenergo.
  • Tungsten Network selects BlueVine to offer U.S. SMB clients access to lines of credit.
  • NAFCU Services announces 2017 Innovation Award Finalists: Q2, Insuritas, Geezeo, Mastercard.

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

  • Finovate Debuts: AutoGravity Unveils the Future of Auto Financing

Around the web

  • Q2 Holdings launches new targeting and messaging platform, Q2 SMART.
  • Hyperwallet announces new office in London.
  • Bluefin Payment Systems wins patents for a pair of decryption-as-a-service technology.
  • Axis Bank reports plan to be the first Indian bank to use Ripple technology for cross-border payments.
  • Garrett Planning Network partners with RightCapital to offer advisors access to financial planning software.
  • nCino ends 2016 with 130+ financial institutions in its portfolio. Come see them at FinovateEurope next month.
  • NIIT Technologies deploys BankingEasy, its Core Banking Solution on Microsoft’s Azure platform.
  • Larky shows strong growth into 2017.

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

  • Pindrop Debuts Phoneprinting Technology with Lloyds Banking Group

Around the web

  • Malauzai Software teams up with Guardian Analytics, adding new fraud detection functionality to mobile banking apps.
  • Q2 launches Centrix Dispute Tracking System Fraud Alerts module.
  • UAE Exchange partners with Jumio for identity verification. Read our interview with Jumio CEO Stephen Stuut.
  • Edison TV interviews Martina King, Featurespace CEO, about the company’s ARIC Engine.
  • CoverHound launches CyberPolicy.com to help small businesses protect against cyber attacks.
  • Pendo Systems announces new application for Gainsight and CRM Systems.
  • Yseop to ship Narrative Charts to Information Builders.
  • GuardStreet and WellCard Savings launch products on Insuritas SmartCard insuretech digital platform.
  • Crowdfund Insider reports: Bitbond receives BaFin license.

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

  • Boku Lands $13.75 Million in Venture Funding

Around the web

  • Tradeshift, Taulia, and GoodData earn spots on Battery Ventures/Glassdoor’s “50 Highest Rated Private Cloud Companies to Work For” roster. See GoodData next week at FinovateFall in New York.
  • Sesloc FCU picks Symitar Episys core system from Jack Henry & Associates for in-house processing.
  • Q2 announces redesign of its corporate website.
  • First Annapolis interviews Cardlytics CEO Scott Grimes, co-founder.
  • NCR honored by 2016 Industrial Design Excellence Awards.
  • NuData Security Included in Industry Analyst Reports by Gartner for Fraud Detection
  • Top Image Systems names Brendan Reidy CEO.
  • Worldpay renews Ingenico terminal contract.

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

  • Signature & Teller: Merchant Bank of Sri Lanka Chooses Fiserv
  • Compass Plus Partners with Mutual Trust Bank

Around the web

  • Botswana Savings bank (BSB) deploys BankWorld ATM from CR2, launches Smooth Visa Debit Card.
  • DataInformed column on operational analytics highlights RAGE Frameworks.
  • Guardian Analytics launches real-time ACH solution to protect against fraud risk created by same-day ACH.
  • Bob Michaud joins Q2 as chief security officer.
  • CIO Review profiles ThetaRay and its CEO, Mark Gazit.
  • CSI teams up with ACI Worldwide to power its card-fraud-protection technology.
  • Kontomatik announces expansion to Portugal, the ninth country where its API is available.
  • FusionBanking Essence from Misys goes live with Myanmar’s Yoma Bank.

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.

 

Q2 Leverages MX Technology to Launch Contextual PFM

Q2_homepage_August2016

Q2 + MX = CPFM.

With the “always-on aggregation” and UX/UI of MX, the newly launched Contextual PFM from Q2 is designed to make actionable financial insights a part of every customer’s mobile banking routine. “As account holders continue to make heavier use of the mobile channel and seek to optimize their financial lives,” Q2 CTO Adam Anderson said. “Q2 Contextual PFM can give them the most accurate picture of where they stand and what actionable decisions they can make from any device.”

Q2 Contextual PFM uses APIs from MX to provide account aggregation, transaction cleansing, and transaction organization, delivering a data-driven money-management solution to help customers spot, understand, and respond to trends in saving and spending. MX’s data aggregation and innovative visualization technology provide accurate information in an engaging way that “makes it easy for people to manage their finances,” according to MX founder and CEO Ryan Caldwell, who underscored the technology’s “intuitive, innovative UI.”

MX_homepage_August2016

Q2 Contextual PFM can help FIs improve customer engagement and loyalty, as well. Directed at regional and community banks and credit unions, the solution gives them the kind of the technology customers are increasingly expecting, and getting, from larger FIs. This is in addition to the role the solution provides in helping customers become better banking consumers. Tye Jones, SVP of Digital Services at AimBank, where the technology is live with the employees, says the deployment “demonstrates how much we care about our customers’ financial health and providing them with the best possible banking experience, helping us compete with other larger financial institutions.”

A multiple Best of Show winner, Utah-based MX demonstrated its cross-platform fintech framework, Helios, at FinovateFall 2014, showing its technology at work on nine different devices from an iPhone to a Windows tablet. Last month, the company added a new feature, Cash Flow, to its MoneyDesktop platform, and in June, MX announced that it would power the Homeownership Preservation Foundation’s digital money-management app. MX signed a multiyear aggregation agreement with USAA in March and, in January, MX announced that former Intel and Fiserv executive Don MacDonald would become MX’s first CMO.

The company is also a FinDEVr alum. MX CTO Brandon Dewitt presented “How You Build Something Is More Important Than What You’re Building,” at FinDEVr San Francisco 2015. MX has raised $50 million in funding and its investors include USAA, TTV Capital, and North Peak Ventures, among others.

Q2 demonstrated its Risk and Fraud Analytics platform at FinovateSpring 2011. The company launched its cloud-based, open API developer platform, CorePro, in May. In December, Q2 acquired Social Money in a $10 million deal, the same month the company opened offices in Lincoln, Nebraska, to better accommodate their acquisition of Centrix Solutions. Based in Austin, Texas, Q2 trades on the NYSE under the ticker QTWO and has a market capitalization of more than $1 billion.

Categories: MX, Q2

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

  • “San Francisco Times Recognizes Credit Karma as Best Fintech Company”

Around the web

  • Markit partners with BitSight Technologies to enhance its Know Your Third Party (KY3P) platform.
  • Coinbase launches Buy widget to create a better Bitcoin buying experience.
  • Wipro open sources its big data solution, Big Data Ready Enterprise (BDRE).
  • itBit publishes its Bitcoin OTC Market Recap for March.
  • American Banker looks at the relationship between EyeVerify and Wells Fargo.
  • Money Q&A reviews Wall Street Survivor.
  • AltFi investigates how the loan-validation expertise of Global Debt Registry might help the P2p lending market.
  • Q2 subscribes to FI Navigator’s cloud-based mobile banking module.
  • Top Image Systems delivers $100,000 eFLOW project to subsidiary of a national postal service group in Asia-Pacific.
  • Barron’s features Student Loan Genius and PayActiv as employee benefits aimed at millennials.
  • Xero featured as one of first New & Notable Apps on Google Apps Marketplace.
  • SF Business Times features CEO Talbott Roche of Blackhawk.

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

  • Welcome to FinovateSpring 2016: Day 2″

Around the web

  • Personetics launches its Personetics Anywhere chatbot, enabling FIs to provide personalized service to customers via popular messaging apps.
  • Q2 Holdings unveils its cloud-based, open API platform for developers, CorePro.
  • Jack Henry & Associates announces availability of Banno Mobile for Windows 10 and launch of Banno People, a user profile management solution.
  • Corezoid’s platform-as-a-service technology now available in the U.S. and Western Europe.
  • Jumio agrees to acquisition by Centana Growth Partners.

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.

2015: A Year in Finovate Alumni Mergers and Acquisitions

Handshake_graphic

2015 was another big year for mergers and acquisitions in the fintech industry. And whether they were the acquirer or the acquired, Finovate alums were very much a part of the M&A action.

Because terms of many deals were undisclosed, it is difficult to get a precise number on how much money was spent acquiring some of fintech’s most promising startups this year. But looking just at those acquisitions for which figures were available, we can see that 2015 was a banner year in M&A (more than $7 billion) — and that’s just counting alums.

So from the $5 billion deal between FIS and Sungard to the “alum-acquires-alum” mergers of September 2015, let’s take a closer look at some of the major unions of the year that featured Finovate alums.


December


October


September


August


July


May


April


March


February


January


If you’re a Finovate alum whose merger we’ve missed or acquisition we’ve overlooked, let us know. Send us an email at research@finovate.com.