Finovate Alumni News

On Finovate.com

  • Eight Finovate Alums Join Plug and Play Accelerator’s 2017 Class
  • True Potential Exceeds $7.8 Billion Assets Under Management.

Around the web

  • Zighra Appoints Hari Koduvely As Chief Data Scientist
  • Small businesses name Xero the most-loved accounting software for the third year in a row.
  • Pindrop research scientist Dr. Elie Khoury quoted in Speech Text on the rise of voice biometrics.
  • M1 Finance founder and CEO Brian Barnes talks with U.S. News about getting started as a beginning investor.
  • Chain partners with SIX Swiss Exchange and Nasdaq to build blockchain solutions for OTC structured products.
  • ThreatMetrix adds data discovery and visualization features to its fraud prevention solution, Dynamic Decision Platform.

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

  • Personal Capital Extends Series E Round by $40 Million.
  • Conversational AI Comes to USAA Courtesy of Clinc.
  • nCino Inks 100th Customer in Pacific Western Bank.

Around the web

  • Actiance Introduces First Compliance and Archiving Solution for WeChat and WhatsApp.
  • Xero expands Stripe partnership for automated reconciliation.
  • DBS, Xero unveil bank feed integration for SMEs.
  • ICT solution provider Telindus announces integration into the Ripple network.
  • LeanXcale earns a spot in the DB-Engines Ranking of relational and NoSQL database management systems
  • BioCatch granted patent for technology that detects remote access tools in order to spot malicious behavior.
  • Flybits launches new Experience Studio, announces partnership with Bouygues Energies & Services.
  • Wipro opens new Silicon Valley Innovation Center in Mountain View, California.
  • Micronotes partners with TimeTrade to bridge the clicks-to-bricks divide.
  • Credit Union CEOs Move 5 Millionth Member to Insuritas.
  • Gro Solutions to relocate its headquarters to Midtown Atlanta.

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

  • IBM Launches Security Testing Services for IoT Developers.
  • TickSmith Lands $2 Million Investment from Illuminate Financial.
  • Layer’s New Messaging Design System Helps Create Perfect Conversational Experiences.

Around the web

  • Vantiv partners with Columbia Bank to provide new payment services to business customers.
  • Commerce Bank to offer AP and AR automated service, CashFlow Complete, powered by Bill.com.
  • Xero and Recurly team up in new integration that combines subscription management with cloud accounting.
  • Fintech Supercharger features an interview with Roman Stanek, Founder and CEO, GoodData.
  • BARC Score Data Discovery identifies MicroStrategy as a ‘Market Leader’ ranking #1 in “Platform Capabilities”
  • Chicago Tribune column on savvy saving highlights MaxMyInterest.
  • Village of Palos Park Introduces Passport’s Parking 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

  • Volkswagen Finance Arm Invests in AutoGravity
  • CASHOFF Earns Spot in Inaugural Innotribe Startup Challenge Russia

Around the web

  • Xero launches new e-invoicing solution for SMEs, Xero Connect.
  • Boku extends direct carrier billing relationship with Microsoft.
  • American Banker looks at Klarna and the rise of “high-tech, low-effort” online lending.
  • Xero rolls out automated Stripe reconciliation to match transactions to the Stripe statement line.

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.

FinDEVr APIntelligence

Our first developers conference in the U.K. is next month. Join us for two days of developer-focused presentations, demonstrations, and conversations at FinDEVr 2017 London, June 12 and 13. Stop by our registration page today and save your spot.

On FinDEVr.com

  • Trulioo and the Regtech Revolution: How Smaller Teams Tackle the Compliance Challenge.
  • Inside BBVA’s Open API Marketplace

Alumni updates

  • NuCypher earns finalist spot in BBVA Open Talent 2017. Join NuCypher at FinDEVr London, Jun 12 & 13.
  • Expensify exceeds 35,000 global customers, adding Xero, HappyFresh, GoCardless, and Adroll as clients
  • Cisco and IBM team up on security.
  • Glenmede taps IHS Markit for data management.
  • Bank of Sydney replaces its digital banking platform with DigitalAccess from Fiserv.
  • eWise integrates its Aegis data aggregation platform into Backbase’s Open Banking Marketplace.
  • Xero Partners with Expensify for In-House Expense Management.
  • PYMNTS.com features The CardLinx Association’s success.
  • Xero expands online-invoice payment options in Xero for Australia.
  • Worldpay tests payments in virtual reality

Stay current on daily news from the fintech developer community! Follow FinDEVr on Twitter.

Finovate Alumni News

On Finovate.com

  • Signicat Launches Mobile Authentication.
  • 3 Steps to Take During the Countdown to GDPR and PSD2.

On FinDEVr.com

Around the web

  • NuCypher earns finalist spot in BBVA Open Talent 2017. Join NuCypher at FinDEVr London, Jun 12 & 13.
  • TSYS enables tokenization across its North American commercial card platforms.
  • Catholic Vantage Financial ($98M) hires Insuritas to deploy and manage their insurance agency solution.
  • AuthenticID enhances CatfishAIR Identity Platform to support real-time identity authorization for CNP transactions.
  • Vera announces support for multi-factor authentication solutions from Duo Security, RSA SecureID, and fellow Finovate alum, Twilio.
  • Amsterdam Trade Bank (ATB) to streamline banking, treasury, and finance operations in partnership with Misys.
  • Cisco and IBM team up on security.
  • Glenmede taps IHS Markit for data management.
  • GMC Software launches Business Partner Track for Partner Advantage Program
  • Expensify exceeds 35,000 global customers, adding Xero, HappyFresh, GoCardless, and Adroll as clients
  • Jumio announces expansion into new Shoreditch U.K. headquarters.
  • Steve Lewczyk joins Trizic as new Chief Revenue 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.

Xero Partners with Expensify for In-House Expense Management

Xero’s decision to use Expensify’s software for in-house receipt and expense management is the latest product of the strategic partnership the two fintechs announced last year. Expensify’s solution will provide SmartScan OCR receipt scanning, next-day reimbursement, and company card reconciliation to Xero employees at all 21 of the company’s offices worldwide.

“From one product-driven technology company to another, we’re committed to improving an already world-class user experience and process,” Expensify Director of Sales and Success Jason Mills said. Xero’s Chief Accounting Officer Kirsty Godfrey-Billy added that the partnership “will create efficiencies within our own business, allowing us to continue to focus on delivering beautiful cloud-based accounting software around the globe.”

Founded in 2008 and headquartered in San Francisco, Expensify demonstrated Expensify Invoices at FinovateSpring 2013. More recently, Expensify made its FinDEVr debut at FinDEVr 2016 Silicon Valley where CEO and founder David Barrett presented Bedrock – Expensify’s Open-Sourced Infrastructure Secret Weapon. Barrett credited the open-source technology for enabling Expensify to become the “fastest growing ERP software in the world.”

In May, Expensify launched its ScanSnap Integration in the U.K. and in April, the company teamed up with TravelPerk to make business travel easier for busy professionals. Completing a $17 million Series C in 2015, Expensify has raised more than $27 million in total funding, and includes Barracuda Networks, OpenView, and Redpoint among its investors. CPA.com, the business wing of global leading accounting body, AICPA, has named Expensify its preferred partner for receipt and expense management.

Xero demonstrated its Business Identification technology at FinovateSpring 2011 and, like Expensify, the company is also a veteran of our FinDEVr developer conferences. Xero Head of U.S. Partnerships David Pollock presented Building an API-driven Ecosystem for Small Business at FinDEVr 2014 Silicon Valley, discussing the company’s open API, developer partner program, and how it grew its marketplace to more than 300 integrated apps.

Xero partnered with Capital One earlier this month, enabling small businesses to connect their Capital One financial data with their Xero cloud accounting software. The company also announced that it was working with Equifax to provide SMEs access to credit risk evaluation tools typically used by big businesses and lenders. Awarded Best Overall Fintech Platform by the Fintech Breakthrough Awards, the Wellington, New Zealand-based company was founded in 2006, and went public in 2007, trading on the New Zealand stock exchange under the ticker XRO. Xero picked up more than $26 million in new funding in April, courtesy of Technology Crossover Ventures (TCV), bringing its total, post-equity funding to more than $381 million. Rod Drury is CEO.

Finovate Alumni News

On Finovate.com

  • Xero Partners with Expensify for In-House Expense Management.
  • Kony and Diebold Nixdorf Enter into Strategic Partnership.
  • banqUP Previews its Bank-as-a-Platform Solution for European SMEs
  • Inside BBVA’s Open API Marketplace.

On FinDEVr.com

Around the web

  • PYMNTS.com features The CardLinx Association’s success.
  • Xero expands online-invoice payment options in Xero for Australia.
  • Zopa introduces flexible Innovative Finance ISA.
  • NelsonHall’s ‘Digital Transformation Services NEAT’ report lists NIIT Technologies as an ‘Innovator’.
  • Worldpay tests payments in virtual reality
  • Misys to power corporate banking, treasury and capital management (TCM) and trade finance operations for Amsterdam Trade 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.

FinDEVr APIntelligence

Our first developers conference in the U.K. is just over a month away. Join us for two days of developer-focused presentations, demonstrations, and conversations at FinDEVr 2017 London, June 12 and 13. Stop by our registration page today and save your spot.

On FinDEVr.com

  • Trulioo Bolsters Regtech Solution with Mitek Partnership

Alumni updates

  • Trulioo Bolsters Regtech Solution with Mitek Partnership
  • Greenkey Technologies announces interconnection partnership with iMarket.
  • FinDEVr alum OutSystems expands to Asia with new office in Japan.
  • Ohio-based First National Bank of Pandora chooses core account processing platform from Fiserv.
  • Xero announces new partnership with Capital One to give SMEs more control over their data.

Stay current on daily news from the fintech developer community! Follow FinDEVr on Twitter.

Finovate Alumni News

On Finovate.com

  • KPMG Acquires Fintech Collaboration Specialist, Matchi.

Around the web

  • Misys introduces cloud-based, retail banking platform for German market.
  • Xero announces new partnership with Capital One to give SMEs more control over their data.
  • Zopa wins full FCA authorization for P2P lending.
  • Ohio-based Apple Creek Bank chooses core account processing and back office solutions from 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.