Trustly Taps Oscar Berglund as New CEO

Swedish payments company Trustly announced that the man who served as both the company's CFO and Deputy CEO, Oscar Berglund, has been appointed CEO. Carl Wilsson, Trustly-co-founder and CEO, will take a new role as VP of Business Development, where he will specialize on strategic product development and implementation.

Saying that this was the "right time" to pass the torch to someone he'd worked with for more than six years, Wilsson said the company was now on a path that would "support a continued high-growth journey." Andreas Bernstrom, chairman of the company's board, praised Wilsson's decision to shift to "a more focused, growth-oriented role" and called his replacement, Oscar Berglund, "a key contributor to the company's development."

Oscar Berglund arrived at Trustly in January 2013 from Alpcot Capital Management, where he spent five years as a portfolio manager. Before that, Berglund was a financial analyst and later an associate at…

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Finovate Alumni News

On Finovate.com

AnchorID Brings Custom Authentication to Credit Unions FinovateFall 2016 Best of Show Winners Announced Trustly Taps Oscar Berglund as New CEO FinovateFall 2016: Live from the Twitterverse

Around the web

TransferWise goes live in Japan. Kantox launches dynamic hedging to help monitor currency risk in real-time. FIS brings its Cardless Cash solution to CO-Op Financial Services.

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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FinovateFall 2016 Best of Show Winners Announced

Innovations in automobile financing that leverage mobile technology to empower buyers. Omnichannel solutions that enable customer onboarding in less than a minute. Intelligent personal assistants that hear and respond in natural, conversational language.

The Best of Show winners of FinovateFall 2016 are a compelling tribute to the diversity of our industry. From new strategies that help financial institutions leverage their data to provide better services, to platforms that transform the gift card from a present-of-last-resort to the perfect gift, to a multifaceted identity-solution capable of securing everything from your email account to SWIFT wires, it is an exciting time to be a part of this dynamic fusion of finance and technology.

And while we give due credit to those demos that drew the most enthusiastic praise from our record-breaking FinovateFall audience, know that our Best of Show winners represent the tip of the spear, the vanguard of a movement whose…

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Welcome to Day Two of FinovateFall!

1600!

It's official: FinovateFall 2016 is our biggest event to date, eight times the size of our first Finovate conference back in 2007. Thanks to everyone who has made it possible. And with our developers' event FinDEVr Silicon Valley just over a month away, and the return of FinovateAsia coming up in November, there is still much innovation to come.

Our first day of FinovateFall 2016 on Thursday showed how technology can leverage even the most old-fashioned of savings strategies into truly, behaviorally savvy PFM; how a few lines of code can turn abandonment into omnichannel engagement; and much, much more. Relive it all when free videos of every demo are released later this month.

All this just makes us that much more excited for what's in store for the final day of our annual fall event. So without further ado, here's the lineup for Day Two.

Registration begins at…

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New Report from AARP Explores the Longevity Economy

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Guest post by Theodora Lau*
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By 2015, there were more than 1.6 billion people in the world who were part of the 50-plus cohort. By 2050, this number is projected to double to nearly 3.2 billion people. Throughout the world, the growth of this age group is having a transformative impact, economically and socially. The United States alone is home to 111 million in the 50-plus demographic, representatives of a powerful force driving economic growth and value. AARP has branded the group the Longevity Economy, because it represents the sum of all economic activity driven by the needs of Americans aged 50 and older, and includes both products and services they purchase directly and the further economic activity this spending generates.

The difference it makes is substantial. In the first Longevity Economy report released in 2013 by AARP and Oxford Economics, the Longevity Economy fostered $7.1 trillion in…

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Finovate Alumni News

On Finovate.com

New report from FinovateFall 2016 sponsor AARP explores the Longevity Economy.

Around the web

CR2 launches its next generation ATM software, BankWorld ATM Client 5 and BankWorld Studio. RNC Genter Capital Management picks Asset Manager Connect from Fiserv. CardFlight unveils new set of iOS and Android-compatible, Bluetooth-enabled mobile card-readers. Xero teams up with Macquarie Bank to integrate with electronic billpay system, BPAY. Entersekt forges reseller agreement with Blue Bay Technologies. Zopa partners with Pariti to help millennials manage credit card debt. Russell Investments selects Qumram for compliant, digital recording and retention. See Qumram at FinovateFall in New York.

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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Welcome to FinovateFall!

It's finally here; you made it to FinovateFall!

We have a full show today packed with plenty of fintech to explore. If you can’t make it, but want to come tomorrow, we have special one-day tickets. Buy them online or ask about them at the registration desk.

Here’s today’s lineup:

Registration opens at 8 a.m.

8 a.m. to 8:45: Registration and Continental Breakfast

8:45 a.m. to 10:15:

Bluescape Uniken Urban FT GainX MapD Daon Consdata

10:15 a.m. to 10:45 a.m. Intermission & Refreshments

10:45 a.m. to 12:05 p.m.:

Overbond LendingFront Trulioo Backbase TokBox MX IBM Security Trusteer Personetics QEData nanoPay

Lunch 12:05 p.m. to 1:00 p.m.

1:00 p.m. to 2:20 p.m.:

Featurespace ModoPayments Swych Currencycloud SpeechPro ProActive Zenmonics InSpirAVE SaleMove Dynamics

2:20 p.m. to 2:50 p.m., Intermission & Refreshments

2:50 p.m. to 4:10 p.m.:

identitii Experian Fraud & Identity Moven Agreement Express Bankjoy GoodData CRMNEXT Unbill Aleo

4:10 p.m.…

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Rye Bread, Mustard, and Finovate’s Great Grand Slam

To steal a line from the late, great Seattle Mariners play-by-play announcer, Dave Niehaus: "Bring out the rye bread and mustard, grandma! It's Grand Salami time!"

This year, for the first time, FinovateEurope, FinovateSpring, and FinovateFall have all surpassed the "1,500+ tickets sold" milestone. To reach this point—coming at the same time we celebrate our tenth anniversary—is truly something special, and we couldn't have done it without you. So consider this a sincere "Thank You!" from the bottom of our fintech-loving hearts.

It's rehearsal day here at FinovateFall 2016. And in the ballroom of the New York Hilton Midtown, presenters for this week's conference have been checking mics, testing laptops, and practicing opening lines in preparation for our upcoming two-day event. To help you get ready for the show, here are a few last-minutes tips and reminders.

Be a part of it—with Bizzabo!

Join the FinovateFall community via our meeting…

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Finovate Alumni News

On Finovate.com

Welcome to FinovateFall 2016! Four Fintech Companies Featured in Forbes 100 Most Innovative Public Companies Rye Bread, Mustard, and Finovate's Great Grand Slam

Around the web

Mambu announces plan to double staff to support 10% month-on-month growth. NCR teams up with MX to bring data-driven money-management to FIs. See MX at FinovateFall in New York this week. Expensify opens new office in Melbourne, Australia. TransferWise launches in Japan. Online currency exchange b-Sharpe chooses Mobile Verify from Mitek for identity verification. Leading hedge fund Logica Capital Advisors selects Vera to manage critical business information and internal collaboration files.

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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FinovateFall: Mapping the Future of Fintech Today

Every time we build a Finovate presenter headquarters map, we are reminded of how geographically diverse fintech innovation has become. For all the talent gathered in places such as the Bay Area, New York, and London, our map encourages us to keep in mind less talked-about locales—like Utah, for example, where multiple Best of Show winner MX and Finovate newcomer ProActive are both making personal finance technologies for the 21st century. And it's not just the Mountain West. Three companies scheduled to demonstrate their latest technologies live on the Finovate stage this week hail from Texas, two from Florida, and five from the Great Lakes region of Wisconsin and Michigan.

Beyond the United States, familiar international fintech powerhouses like Israel and Canada (eight presenters from the Great White North alone!) are sharing space with Nigeria and Cyprus, countries that are relative newcomers to the global fintech scene. And with our…

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Four Fintech Companies in Forbes 100 Most Innovative Public Companies

We love seeing alums called out in the numerous "most innovative" articles. Usually, those skew to young private startups. But the recent Forbes list of innovators, limited to large public companies (minimum market cap = $10 billion, with 7 years of public ownership), didn't disappoint. Four financial technology companies made the top-100 list, and all four have appeared on the Finovate stage. Interestingly, financial services firms are excluded by Forbes on the grounds that they "have no measurable investment in R&D." (I am sure many readers would argue that point).

Here are the financial fab-four in order of their finish (the innovation premium is the extra value investors place on their growth vs. their enterprise value, methodology):

#27 Visa with a 55% innovation premium (Finovate '10 demo video) #30 MasterCard with a 54% premium (Finovate '14 demo video) #71 Experian with a 43% premium…

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