Finovate Alumni News

On Finovate.com

  • Alior Bank’s Alior Kantor to Deploy Efigence’s EFI4 Digital Banking Platform.
  • Fintech in Asia: From Payments and Lending to the Challenge of Financial Inclusion.

Around the web

  • Tradeshift partners with Monerium to enable Nordic Store to purchase goods from IKEA using programmable digital cash.
  • Lighter Capital appoints Thor Culverhouse new CEO.
  • OurCrowd to open its 13th global office in São Paulo, Brazil.
  • Jack Henry appoints Ted Bilke as new CTO and promotes Greg Adelson to new Chief Operating Officer position.
  • Deloitte Romania and FintechOS partner to offer banks digital transformation and automation solutions.
  • Finastra launches Fusion Mortgagebot Data Insights, a tool to benchmark mortgage borrower information for banks and credit unions against other Fusion MortgagebotPOS users.
  • InComm adds Giant Eagle to its Healthcare OTC Network.
  • Westcon-Comstor to distribute Check Point 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.

FinovateAsia Sneak Peek: Arnexa

FinovateAsia Sneak Peek: Arnexa

A look at the companies demoing live at FinovateAsia on October 14 through 15, 2019 in Singapore. Register today and save your spot.

Arnexa’s Binbox is the world’s first phishing-free secure messaging platform focused on the needs of businesses and governments.

Features

  • Phishing-free
  • End-to-end encryption
  • APIs available for easy integration

Why it’s great
Arnexa offers the world’s first phishing-free messaging platform.

Presenter

Sridhar Ramakrishnan, Founder
Ramakrishnan is an engineer and entrepreneur in Silicon Valley with over 30 years of experience. He obtained his B. Tech in CS from IIT Mumbai and MS CS from the University of New Hampshire.
LinkedIn

FinovateAsia Sneak Peek: Compliy

FinovateAsia Sneak Peek: Compliy

A look at the companies demoing live at FinovateAsia on October 14 through 15, 2019 in Singapore. Register today and save your spot.

Compliy is an AI web-platform that simplifies and automates regulatory change and risk management processes for compliance teams in financial institutions through collaboration and centralized data.

Features

  • Review AI regulatory insights, write, and share your regulatory interpretations
  • Map business units to key regulatory requirements
  • Compare regulatory clauses and requirements across multiple jurisdictions

Why it’s great
Compliy uses smart automation to empower compliance teams to quickly collaborate to review, implement, and monitor regulatory requirements in APAC, all while centralizing regulatory practices for the company.

Presenters

Adrian Latortue, Co-Founder and COO
Latortue is a former APAC City Launcher at Uber, Country Manager at Easy Taxi Vietnam (Rocket Internet), and Fulbright Scholar (2010 to 2011). He received his B.A. from Yale University.
LinkedIn

Anthony Mai, Co-Founder and CEO
Mai has been a serial entrepreneur since he was 18 years old and is former CEO/CTO of Quodisys Software Development. He received his B.A. from the University of Pennsylvania.
LinkedIn

FinovateAsia Sneak Peek: The WAAY

FinovateAsia Sneak Peek: The WAAY

A look at the companies demoing live at FinovateAsia on October 14 through 15, 2019 in Singapore. Register today and save your spot.

The WAAY’s Lifestyle Banking platform helps banks understand people and become a Lifestyle Assistant for their customers.

Features

  • Deeply personalized lifestyle content based on VALS (values and lifestyle) profiling with over 300 attributes
  • Lifestyle first, money management second
  • Micro-value every day

Why it’s great
Banking soon will shift from a traditional, commoditized approach to a new, non-banking premise and The WAAY’s platform would be the core personalization engine to talk to customers about the things they want.

Presenters

Ivan Kochetov, CEO
Kochetov has spent many years in data analysis labs with a focus on understanding people’s behavior based on data that banks have inside.
LinkedIn

Kirill Lisitsyn, CBDO
Lisitsyn has spent 11 years in operational and management consulting for the financial sector, including working for major players such as Accenture and Mastercard.
LinkedIn

FinovateAsia Sneak Peek: PearlPay

FinovateAsia Sneak Peek: PearlPay

A look at the companies demoing live at FinovateAsia on October 14 through 15, 2019 in Singapore. Register today and save your spot.

PearlPay’s mission is to create a unified payment network in the Philippines by providing an end-to-end payment solutions framework that will allow institutions to transform digitally properly.

Features

  • Affordable
  • End to end
  • Aggregated – each PearlPay solution integrates into a larger unified network allowing users and institutions alike to access more beneficial financial services

Why it’s great
PearlPay offers an end-to-end solutions framework that addresses basic institutional concerns down to the cultural and behavioral aspects that have long stood in the way of financial inclusion.

Presenter

Precious Valerie Silva, Chief Strategy Officer
Silva has more than 10 years of experience in research, marketing, and strategy. She has overseen teams across USA, EMEA and APAC regions.
LinkedIn

FinovateAsia Sneak Peek: Xen

FinovateAsia Sneak Peek: Xen

A look at the companies demoing live at FinovateAsia on October 14 through 15, 2019 in Singapore. Register today and save your spot.

Xen is transforming the alternative asset management industry by creating a fintech solution which allows accredited investors in Asia fractionalized access and tradability in alternative investments.

Features

  • Secondary trading of illiquid assets
  • Fully digital KYC / onboarding
  • Built-in compliance and AML

Why it’s great
Xen offers access and liquidity in private market opportunities.

Presenters

Katrina Cokeng, CEO
Cokeng is CEO of Xen and previously was co-founder of digital finance company Oriente. She brings over 16 years of experience from McKinsey, Merrill Lynch, Pomona Capital, and Estee Lauder.
LinkedIn

Andrei Karpushonak, CTO
Karpushonak is CTO of Xen and has extensive experience in blockchain and software architecture for fintechs and exchanges. He has previously worked for Motorola, BetVictor, and Coral.
LinkedIn

Drumroll… Finovate Awards Winners Announced

Drumroll… Finovate Awards Winners Announced

At a gala dinner and ceremony in New York city tonight, the winners of the first ever Finovate Awards were revealed.

The evening kicked off with cocktails, and after dinner and some entertainment, representatives from each winning company were invited to come up on stage to accept their award. Below are the winning companies and individuals in each category, listed in alphabetical order.

Drumroll please…

  • Best Alternative Investments Platform: Roofstock
  • Best Back-Office / Core-Service Provider: Marstone
  • Best Consumer Lending Platform: Kasasa Loan
  • Best Customer Experience: U.S. Bank
  • Best Digital Bank: MoneyLion
  • Best Digital Mortgage Platform: LendingHome
  • Best Fintech Accelerator/Incubator: Village Capital
  • Best Fintech Partnership: Coast Capital Savings and EbankIT
  • Best ID Management Solution: Boku
  • Best RegTech Solution: Comply Advantage
  • Best SMB/SME Banking Solution: ANNA Money
  • Best Use of AI/ML: Eno, from Capital One
  • Best Use of Blockchain: TradeIX Limited
  • Excellence in Financial Inclusion: Neener Analytics
  • Executive of the Year: Kim Crawford Goodman
  • Fintech Woman of the Year: Clara Shih, Hearsay Systems
  • Influencer of the Year: Nicole Sandler, Barclays
  • Innovator of the Year: Alan Bekker, Voca.ai  
  • Top Emerging Tech Company: ANNA Money

Each of these companies joins our Finovate Winners Circle.

Thanks to everyone for participating and making our first annual Finovate Awards ceremony a success! We’re already looking forward to next September when we’ll once again host the awards in New York City. Nominations for the 2020 installment of the awards will open in the spring of next year. If you’re interested, please email awards@finovate.com.

For more information on our judges and selection process, check out our blog post earlier this month describing the awards.

Crafting Your FinovateFall Experience

Crafting Your FinovateFall Experience

While you’re busy scheduling meetings and crafting your schedule for FinovateFall, 75 companies are busy rehearsing their seven minute demos. But don’t worry – if you’ve been procrastinating and still haven’t registered, there is still time to do so either on our event page or at the registration desk on Monday.

In need of last minute details? We’ve got you covered.

Where

The New York Marriott Marquis hotel at 1535 Broadway, New York, NY 10036.

The event will take place on floors 5 and 6.

Who

Check out our list of 75 demo companies that will take the stage on Monday and Tuesday, and view our keynotes and panel participants that will be featured on Wednesday.

When

Registration opens at 8:00 am on Monday, September 23. The first demo session begins at 9:00 am sharp so be sure to arrive early, grab a cup of coffee, and settle into a seat.

To take a look at the details on our agenda page.

Bonus content

Be sure to stick around for the Summit day that will take place after FinovateFall. On Thursday, September 26, we’ll take a deep dive into the topics of AI, wealthtech, and investech. It’s simple to add the Summit day onto your existing ticket – just visit the registration desk for more details.

Awards

Speaking of bonus content, the first-ever Finovate Awards ceremony will take place Tuesday evening, September 24, at New York’s Edison Ballroom. We’ve curated a list of nominees for a range of awards and will be revealing and celebrating the winners with a night of champagne, good humor, and great food.

Best of Show

The Finovate Awards event is separate from Finovate’s Best of Show awards, which will be announced at the end of the last demo session on Tuesday. Attendees may cast their vote for the best demo at FinovateFall using the Brella app. Simply download the Brella.io app from the Apple App store or Google Play to get started. You can find the event code on the back of your name badge.

We’ll see you at the event! If you have additional questions, please visit our contact page and reach out one of our representatives.

Plaid Adds Credit Card Details to Liabilities Offering

Plaid Adds Credit Card Details to Liabilities Offering

Fintech developer tools expert Plaid announced today it enhanced Liabilities, a product it launched in July to offer developers access to information about how much money a consumer owes.

Upon launch, Liabilities was limited to offering insight into consumers’ student loan balances. Today the tool has added support to show consumers’ credit card details. While Plaid has always offered information about consumer credit card transactions, today’s update broadens the information available by returning details about payment terms, APR type, APR percentage, interest charge amount, minimum payment, last payment date and amount, due dates, and more.

User experience of credit card connection from the end consumer’s perspective

This new launch will allow developers create tools that help borrowers gain a clear picture of their financial obligations, consolidate debt, and pay down their credit card balance faster.

The credit card data tool is now available in Plaid’s sandbox, development, and production environments. The company will add more debt categories in the future to give developers more options to help their users manage and overcome their debt.

At FinDEVr San Fransisco 2014, the company’s founder, Zach Perret gave a presentation about leveraging the Plaid API for financial infrastructure. Plaid has raised $310 million since it was founded in 2013. After the company’s most recent investment last year, TechCrunch estimated Plaid to be valued at $2.65 billion.

FinovateFall Sneak Peek: NLV8 Technologies

FinovateFall Sneak Peek: NLV8 Technologies

A look at the companies demoing live at FinovateMiddleEast on November 20 and 21, 2019 in Dubai. Register today and save your spot.

NLV8 Technologies is a group of financial and IT pioneers working relentlessly on silo-breaking services.

Features

  • Compliance: in full compliance with regulatory laws
  • Liquidity: manages your economic events with automated pipelines
  • Superiority: a flexible, tailored, powerful, and compliant core banking platform

Why it’s great
Perfinal is the first financial platform that learns your unique m.o. and evolves as your portfolio grows.

Imre Fazekas, CEO
Fazekas is a passionate code-adventurer, architecture astronaut, and contributor.
LinkedIn

Attila Bagossy, Chief Architect
Bagossy is a Ph.D student and data and security scientist.
LinkedIn

FinovateFall Sneak Peek: ALTR

FinovateFall Sneak Peek: ALTR

A look at the companies demoing live at FinovateMiddleEast on November 20 and 21, 2019 in Dubai. Register today and save your spot.

See how ALTR’s programmable data security is embedded into Q2ebanking’s Q2 Trustview in order to monitor, govern, and secure FI’s sensitive data in real time.

Features

  • Monitor: Provides shared visibility and an immutable view of data access
  • Govern: Delivers real time control and breach intervention
  • Protect: Delivers impenetrable protection of data at rest

Why it’s great
ALTR is a simpler and more effective way to protect sensitive data that works on any infrastructure from on-prem to cloud.

Presenters

Doug Wick, ALTR’s VP Product and Marketing
Wick leads product and marketing at ALTR. With over 20 years of startup experience, he has broad experience managing product conception and development through to market success.
LinkedIn

Lou Senko, Q2ebanking CIO/SVP
With more than 20 years of experience Senko is an engineer by trade and coach by passion, building skillful development and IT teams throughout his career.
LinkedIn

FinovateFall Sneak Peek: Glia

FinovateFall Sneak Peek: Glia

A look at the companies demoing live at FinovateMiddleEast on November 20 and 21, 2019 in Dubai. Register today and save your spot.

Glia enables financial institutions to engage customers online via any mode of communication, and enhances experiences via patented CoBrowsing and layered with conversational AI.

Features

  • Seamlessly move between modes of communication
  • Receive improved sales results and customer satisfaction via richer customer interactions
  • Deliver the best experience for customers and agents

Why it’s great
By employing a digital-first approach to customer conversations, financial institutions improve customer satisfaction, reduce customer effort, and gain operational efficiencies.

Presenter

Dan Michaeli, Co-Founder and CEO
Michaeli is the driving force behind Glia’s vision to combine the human touch with technology to create the best customer experiences.
LinkedIn