Welcome to the Discussion Day at FinovateFall

By Julie Muhn (@julieschicktanz) Posted on
Categories: FinovateFall 2018
The past two days were all about the demos. Today at FinovateFall, however, we're shifting our focus to examine some of the trends, themes, ideas, and regulations that are prompting some of that innovation. Doors open once again at 8am this morning, and we'll have breakfast and networking until 9am, when the general session begins. Free coat check is available on the south side of registration. Visit our website for a full, interactive agenda, or check out a quick preview below: 8:00 to 8:55 Registration and Continental Breakfast 8:55 Opening Remarks 9:00 to 9:40 Analyst All Stars Julie Muhn - Senior Research Analyst, Finovate Jacob Jegher - Senior Vice President, Banking and Head of Strategy, Javelin Strategy & Research Alyson Clarke - Principal Analyst, Forrester Daniel Latimore - Senior Vice President, Banking Group, Celent Thad Peterson - Senior Analyst, Aite Group 9:40 to 10:30 Kick Off Keynote: Calling the Shots in the…

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FinovateFall 2018 Best of Show Winners Announced

By David Penn Posted on
Categories: Banzai, Best of Show, Bond.AI, Bumped, FinovateFall 2018, Golden, Meniga
Meet the Fantastic Five - the top vote-getters in this year's Best of Show voting at FinovateFall 2018. There's a lot to love about the companies that took home top honors at this year's autumn event. Maybe you are a fan of financial literacy, and believe that the best way to ensure a happy financial future is to invest in financial education at an early age. Perhaps you are looking for ways to better engage the customers at your bank or credit union, providing them with more personalized, intuitive solutions to improve their financial lives. From the challenge of helping aging parents manage their finances and avoid scams to innovative strategies to turn everyday purchases into investments in the stock market, the Best of Show winners of FinovateFall 2018 are a diverse group. And that diversity reflects the fascinating breadth of what it means to be a fintech company today.…

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Welcome to Day Two of FinovateFall

By David Penn Posted on
Categories: FinovateFall 2018
The first day of FinovateFall is in the books. And a second full day of live fintech demos here at the New York Marriott Marquis in Times Square is about to begin! From the very first demo on Day One, it was clear that the attendees at this year's fall fintech conference came ready to rock. And our demoing companies were happy to oblige - with live demos of everything from tools to help financial advisors better serve their clients to cybersecurity solutions dedicated to keeping the bad guys at bay. We hope you had a great time yesterday and are rested and ready (we are in Times Square, after all!) for another round here on Day Two. Here is what's in store for Tuesday. If you still need a ticket, visit our registration page and save your spot. 8:00am - 8:45am Registration & Continental Breakfast Remember registration is on…

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Finovate Alumni News

By David Penn Posted on
Categories: Coinbase, Finastra, Fiserv, Global Debt Registry, Insuritas
Around the web Coinbase teams up with Hong Kong-based crypto trading and risk management platform Caspian to promote institutional use of cryptocurrencies. Insuritas to launch digital insurance platform for 13,000+ member Oklahoma Educators CU. Finastra unveils Fusion Essence in the cloud, an integrated core and digital retail banking service for the U.K. market. Global Debt Registry announces addition of new ABS asset classes to its blockchain platform offering. Fiserv inks deals with a trio of Canadian credit unions: Crosstown Civic CU, Noventis CU, and IC Savings. 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.

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George Anderson, Founder of Ninth Wave on Keeping Up with Fintech

By Julie Muhn (@julieschicktanz) Posted on
Categories: CEO Interview, Ninth Wave
The following interview is with George Anderson, CEO and founder of Ninth Wave, a Gold Sponsor of FinovateFall. In the run-up to FinovateFall, we interviewed George Anderson, CEO and founder of Ninth Wave (formerly Enterprise Engineering) to get the scoop on how the company keeps up with ever-changing trends in fintech. In addition to serving as an expert on information management and technology to solve business problems, Anderson has authored several books and articles on enterprise architecture, relational database design, internet development, and high performance computing. He has 25 years of experience working with leading banks and technology companies in the development of emerging information systems. Finovate: You founded Ninth Wave (originally Enterprise Engineering Inc.) in 1995. How has the company's focus shifted to help financial institutions serve clients when customer expectations are changing faster than ever? George Anderson: I spend a tremendous amount of time with Ninth Wave customers.…

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Welcome to Day One of FinovateFall

By David Penn Posted on
Categories: FinovateFall 2018
For many of us, there are three things that best symbolize September's arrival: (1) the beginning of autumn, (2) the start of football season (Go Seahawks!), (3) and the return of FinovateFall. Our annual fall fintech conference begins today here at the New York Marriott Marquis in Times Square. Registration, which is on the fifth floor of the hotel, begins at 8am this morning and the first demo kicks off at 8:45am. If you are planning to join us and haven't picked up your ticket yet, don't worry. Online registration is only a click away. Here's the line up for today. 8:00am -8:45am Registration & Continental Breakfast 8:45am - 10:15am Demo Session #1 Nordigen Experian Decision Analytics Access Softek NestReady Launchfire Bucket Technologies aixigo BILLSHARK PasswordPing exagens 10:15am - 11:00am Intermission with Refreshments & Networking 11:00am - 12:20pm Demo Session #2 Relay Network FI.SPAN Services Adobe/24Notion Bumped Cloud Lending Solutions…

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Finovate Alumni News

By David Penn Posted on
Categories: Braintri, Crypterium, Kasasa, Klarna, Pushfor, Revolut
Around the web Revolut seeks banking license in Luxembourg to ensure post-Brexit access to European markets. Crypterium earns listing on KuCoin cryptocurrency exchange. See Crypterium at FinovateFall in New York this week. Klarna teams up with U.K. fashion brand In The Style. Pushfor founder and CEO John Safa talks cybersecurity on KRLA LA radio. Braintri awarded the Polish Innovation Award 2018 for its creation of Jiffee, a bluetooth-based mobile payment and loyalty technology, and Biffee, a core banking system offloading engine. Kasasa named to 2018 IDC Financial Insights FinTech Rankings. 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.

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Million Dollar Bounty: HackerOne Secures Contract from the General Services Administration

By David Penn Posted on
Categories: HackerOne
The white hat hackers of HackerOne have won a $2 million bug bounty contract with the Technology Transformation Service (TTS) of the U.S. General Services Administration. The firm, which employs ethical hackers to find security vulnerabilities in client websites before the bad guys do, has worked with the TTS for a little over a year now. The new contract extends the partnership, providing a base performance period of six months, with an additional nine option periods lasting six months each for a total of five years. Marten Mickos, CEO of HackerOne, called the contract "a reminder of the leadership role that the U.S. federal government has taken in vulnerability disclosure." The GSA in particular has shown a strong interest in using bug bounties - i.e., cash prizes to hackers who discover and report vulnerabilities - and is the first civilian agency to leverage these programs to improve its website security.…

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Finovate First-Timer Nordigen Hauls in $800,000 in New Funding

By David Penn Posted on
Categories: Funding, Nordigen
Latvia-based lending start-up Nordigen has received $800,000 funding from Seedcamp and Finnish venture capital firm Inventure, reports Antony Peyton of Fintech Futures (Finovate's sister publication). Nordigen said it aims to disrupt credit bureaus (and has a dig at them) and help creditworthy people get access to loans. "It's hard to love credit bureaus at the moment. What they do was necessary, but with the rise of open banking, we're now able to build technologies that are much faster, more reliable and more customer-friendly than traditional credit checks,” said Rolands Mesters, co-founder of Nordigen. According to the firm, banks across the world reject up to 90% of all loan applications daily. “This is because banks base their decisions on credit history reports from credit bureaus, but not many people have a formal credit history,” Mesters added. To back up its plans more, the company also cited a World Bank private credit…

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The Final Countdown to FinovateFall

By Julie Muhn (@julieschicktanz) Posted on
Categories: FinovateFall 2018
The kickoff to FinovateFall has almost arrived, and we're just hours away from the first demo. That can only mean one thing-- we're busy watching companies rehearse each demo they will showcase over the first two days. If you still don't have your ticket, register online or pick one up tomorrow morning after 8 am when the registration desk opens. As a reminder, here are all of the details you need to know for FinovateFall this week: Where We're changing this up this year, and FinovateFall will be held at the Marriott Marquis Times Square, 1535 Broadway, New York, NY 10036. When The first demo begins at 8:45 am tomorrow but be sure to come early– registration opens at 8:00 am and we’ll have coffee and a continental breakfast for you to enjoy before you take your seat in the auditorium. For a full look at the schedule, here is the agenda.…

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Finovate Alumni News

By David Penn Posted on
Categories: iSignthis, Mambu, SocietyOne
Around the web Mambu introduces its Mambu Process Orchestrator (MPO), an integration-platform-as-a-service offering to help companies build and manage API- and cloud-based processes. iSignthis teams up with Finland's biggest cryptocurrency service provider, Prasos. Mozo features SocietyOne in its lineup of 4 Aussie fintechs you need to know about. 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.

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Onfido to Help Crowdfunding Platform Indiegogo Fight Fraud 

By David Penn Posted on
Categories: Onfido
Indiegogo has turned to identity verification specialist Onfido to help keep its crowdfunding platform fraud-free. Onfido's technology leverages artificial intelligence and machine learning to verify new users when they sign up, making it easy for Indiegogo to quickly onboard new campaigners to its platform. "Building trust in our community is a top priority at Indiegogo, and Onfido helps us achieve that," Head of Trust and Safety at Indiegogo Kerry Baker said. "By ensuring we keep fraudsters off our platform, not only can we avoid hefty non-compliance fines, but our users also have more faith that their money is going to the causes and innovations they really believe in." Fortunately, adding these fraud protections will not increase friction for users of the Indiegogo platform. Campaigners currently use a selfie and a photo of their identity document as part of the onboarding process. With this newly-announced partnership,  Onfido will check those identity…

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