FinDEVr APIntelligence

FinDEVr2016-NY-(Stacked)V2

Building new financial technology? Mark your calendars for our spring developer event in New York, 29/30 March 29, FinDEVr 2016 and check out the first round of FinDEVr New York presenting companies.

Developer news

  • Financial Services blog describes why 2015 is time to expand open-source to finance.
  • “Let’s Talk Payments: 63 Insanely Useful APIs Across 12 Segments to Supercharge Your Product”
  • TechCrunch: “The Golden Age Of Open Source Has Arrived”

The latest from FinDEVr San Francisco 2015 presenters:

  • SavingAdvice.com highlights how Personal Capital can help you gain control of your finances.
  • Quisk selected as a 2015 Red Herring 100 Global Winner.
  • TechCrunch looks at OnDeck and the future of alt lending.
  • Financial Planning speculates about Personal Capital’s future.

Alumni updates

  • “Trulioo Raises $15 Million with Help from American Express Ventures”

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

Finovate Alumni News

On Finovate.com

  • Check out this week’s “FinDEVr APIntelligence”
  • “Finovate Debuts: ArcBit Introduces its Secure, Easy-to-Use Bitcoin Wallet”
  • “FIS Closes SunGuard Acquisition to the Tune of $5.1 Billion”

Around the web

  • CSI globalVCard launches partnership program for banks for its electronic payments program.
  • SavingAdvice.com highlights how Personal Capital can help you gain control of your finances.
  • Credit Sesame features millennial-friendly robo-adviser investment-platforms: Betterment, FutureAdvisor, SigFig, Blooom.
  • Quisk selected as a 2015 Red Herring 100 Global Winner.
  • TSYS signs payments agreement with Atlanticus to continue support of loan-origination platform, Fortiva.
  • Digital Insight unveils Business Banking, an SaaS solution to enable FIs to offer personalized banking experiences to business customers.
  • Q2 opens new offices in Lincoln, Nebraska, to accommodate growth, acquisition of Centrix Solutions.
  • Xignite Market Data APIs now available on SoundHound’s Houndify sound recognition and search-technology platform.
  • Let’s Talk Payments features Trustev, Trulioo, and Trunomi in its look at “RegTech” startups in Europe and the U.S.
  • Temenos wins “Best Provider of Front-to-Back Wealth Suite Solutions” at Asian Private Banker’s Technology Awards 2015.
  • Avalara partners with open-source billing and payments platform, Kill Bill.
  • Silicon Prairie News interviews Daniel Carnes, CSO at Prairie Cloudware, on the future of cybersecurity.

This post will be updated throughout the day as news and developments emerge. You can also follow alumni news headlines on the Finovate Twitter account.

Bizfi Closes on $65 Million in Debt Financing

Bizfi Closes on $65 Million in Debt Financing

BizfiHomepage

Merchant-finance platform Bizfi received a $65 million boost from Metropolitan Equity Partners today to help it drive money into U.S. small businesses.

The debt financing will help the New York-based company:

  • Expand its financing programs to meet the capital needs of small businesses
  • Decrease the amount of time it takes for businesses to receive financing
  • Build brand awareness

Combined with the $75 million the company received in March 2014, Bizfi’s debt financing totals $140 million. Additionally, Bizfi has raised $15 million in equity financing from various angel investors.

Since its 2005 launch, Bizfi has provided $1.3+ billion in financing to 26,000+ small businesses across the U.S. The company’s small business financing platform consists of three product silos:

  1. Aggregation silo: comprised of third-party brokers, channel partners, and Bizfi’s direct-sales force
  2. Funding silo: provides merchant cash advances and small business loans
  3. Marketplace silo: offers a participation market for institutional investors

Bizfi debuted its aggregation platform at FinovateFall 2015 in New York City.

FinovateEurope Sneak Peek: Bankers Lab

FinovateEurope Sneak Peek: Bankers Lab

BankersLab_homepage_Dec2015

FEU2016_logo_withdateA look at the companies demoing live to 1,500 fintech professionals. Get your tickets to join us in London!

BankersLab_hi-res_logo_FEU16

Bankers Lab designs virtual world training-simulations for fintech lenders and bankers. PortfolioQuest is a complex simulation game with billions of possible outcomes.

Features:

  • Skilled benchmarking of fintech lenders and bankers
  • Unlimited gaming outcomes in an SaaS-simulation environment
  • Train and benchmark entry through executive staff

Why it’s great
Lending skill benchmarking dashboards for CXOs, compliance, regulators, and investigators.

Presenters

BankersLab_M_KaticsMichelle Katics, CEO
Katics is a former bank executive turned entrepreneur. She is driven by a mission to reinvent learning for the fintech and banking world. She led BankersLab from inception to scaling.
LinkedIn

 

BankersLab_K_GingherKurt Gingher, Chief Technology Officer
Gingher’s 30 years of experience spans signal processing, software development, and the financial sector. He has led BankersLab software design from founding to scaling.
LinkedIn

FinovateEurope Sneak Peek: Alpha Payments Cloud

FinovateEurope Sneak Peek: Alpha Payments Cloud

AlphaPaymentsCloud_homepage_Dec2015

FEU2016_logo_withdateA look at the companies demoing live to 1,500 fintech professionals. Get your tickets to join us in London!

AlphaPaymentsCloud_hi-res_logo_FEU16

Alpha Payments Cloud is a world leader in providing international banks and merchants with proprietary and third-party solution access to the payments world.

Features:

  • Access any payment type, any solution provider, anywhere in the world
  • Consolidate all integrations and reports on one platform
  • Mitigate risks and costs by orchestrating across vendor functionality

Why it’s great
The AlphaHub is a brand-new middleware layer that amplifies third-party access and simplifies the process of selecting and orchestrating new vendors down to the click of a button.

AlphaPaymentsCloud_O_RajicPresenter: Oliver Rajic, CEO
Rajic is a global business development leader and payment expert whose vision is bringing the payments world into the 21st century.
LinkedIn

FinovateEurope Sneak Peek: VoicePIN.com

FinovateEurope Sneak Peek: VoicePIN.com

VoicePIN_homepage_Dec2015

FEU2016_logo_withdateA look at the companies demoing live to 1,500 fintech professionals. Get your tickets to join us in London!

VoicePIN_hi-res_logo_FEU16

VoicePIN.com is a team of experienced engineers and technology lovers that provide advanced voice biometrics for customers all around the world.

Features:

  • Very simple and quick installation and configuration
  • Passive enrollment (generating voiceprints from previously recorded data)
  • Lexical and language-independent

Why it’s great
VoicePIN enables easy and secure user authentication, based on natural voice commands. Our technology allows you to securely log on to a system without having to remember any PINs or passwords.

VoicePIN_J_GalkaPresenter: Jakub Galka, Director, Research & Development

Engineer Doctor Galka is a researcher and experienced leader of, and participant in, many speech recognition and voice biometrics projects.
LinkedIn

FinovateEurope Sneak Peek: Kontomatik

FinovateEurope Sneak Peek: Kontomatik

Kontomatik_homepage_Dec2015

FEU2016_logo_withdateA look at the companies demoing live to 1,500 fintech professionals. Get your tickets to join us in London!

Kontomatik_logo-FEU2016_new

Kontomatik is a banking API solution with Sign In Widget, a multilingual tool that is available for 7 countries and can be deployed in just 3 minutes. It is mobile friendly, too.

Features:

  • Our widget supports multiple languages
  • It can be used in multiple countries
  • Works perfectly on mobile devices

Why it’s great
Kontomatik API is here to bring your services fully online. Kontomatik Sign In Widget is here to bring your services to a global scale and allow a smooth adoption on mobile devices.

Presenters:

Kontomatik_M_TruszelMarcin Truszel, CEO
Truszel is CEO and founder of Kontomatik, a data-aggregation solution that is here to make the world of finance more innovative.
LinkedIn

 

 

Kontomatik_P_HiekmannPeter Hiekmann, VP Sales
Hiekmann has been in the financial services industry for more than 25 years and now he is approaching more and more financial and banking leaders to start leveraging data aggregation technology.
LinkedIn

FinovateEurope Sneak Peek: North Side

FinovateEurope Sneak Peek: North Side

NorthSide_homepage_Dec2015

FEU2016_logo_withdateA look at the companies demoing live to 1,500 fintech professionals. Get your tickets to join us in London!

NorthSide_hi-res_logo_FEU16

North Side enables people to access financial services, make transactions, and get help in context through speech or typing. Through dialogue, we clarify ambiguities and incomplete information.

Features:

  • Hands-off banking, as you drive or ride your bike
  • Personalized contextual help in the authenticated environment
  • Customers discover needed products and services through dialogue

Why it’s great
Banking through speech or typing is easy, natural, intuitive, and will be the next big thing.

Presenters

This is #1 !Eugene Joseph, CEO
Joseph developed intuitive person-computer interfaces for 30 years. He is Natural Language Understanding tech at North Side and data-driven, interactive graphics at Virtual Prototypes (now Presagis)
LinkedIn

 

Christian Hogan Lemieux, Technology Evangelist
With a strong background in linguistics, Lemieux works on various facets of the North Side NLU pipeline and semantic databases, and occasionally presents them publicly.
(not pictured)

FinovateEurope Sneak Peek: Capitalise

FinovateEurope Sneak Peek: Capitalise

Capitalise_homepage_Dec2015

FEU2016_logo_withdateA look at the companies demoing live to 1,500 fintech professionals. Get your tickets to join us in London!

Capitalise_logo-resized

Capitalise uses the simplicity of words to turn investment ideas into executable and optimized investment strategies.

Features:

  • Trade and invest using your own words
  • Built-in investment prediction and optimization
  • Unlimited ideas and auto-execution when conditions are met

Why it’s great
Capitalise simplifies the investment process by bridging between the simplicity of common words and the complex words of automated trading.

Presenters:

Capitalise_S_RabinShahar Rabin, CEO, Co-founder
Rabin is a futures day-trader and formerly a trading product manager at eToro.
LinkedIn

 

 

Capitalise_A_ShiovichAmir Shiovich, CTO & Co-founder
Shiovich is formerly a R&D Team Leader at SuperDerivatives.
LinkedIn

FinovateEurope Sneak Peek: Payever

FinovateEurope Sneak Peek: Payever

Payever_homepage_Dec2015

FEU2016_logo_withdateA look at the companies demoing live to 1,500 fintech professionals. Get your tickets to join us in London!

payever_hi-res_logo_FEU16

The vision of Payever is to make commerce easy. They do this by solving problems faced in buying and selling everyday.

Features:

  • Point-of-sale self-financing in retail stores
  • Buying network for personal offers
  • Apps providing business with all the tools Amazon has

Why it’s great
We are solving the huge problem: to “pay everywhere,” with your preferred payment option.

Presenter:

Payever_A_SchlahtArtur Schlaht, CEO
Schlaht is truly an internet entrepreneur. He started his first business at 18 and never stopped.
LinkedIn

 

FinovateEurope Sneak Peek: Ethoca

FinovateEurope Sneak Peek: Ethoca

Ethoca_homepage_Dec2015b

FEU2016_logo_withdateA look at the companies demoing live to 1,500 fintech professionals. Get your tickets to join us in London!

Ethoca_hi-res_logo_FEU16

Ethoca Alerts eliminates fraud and chargebacks through a merchant-issuer collaboration network that allows participants to share fraud and customer-dispute intelligence in real time.

 

Features:

  • Eliminate chargebacks and control chargeback ratios
  • Stop the fulfillment of fraudulent orders
  • Drive higher acceptance

Why it’s great
Ethoca Alerts provides an unparalleled source of cardholder-confirmed fraud and customer-dispute information that arrives much faster than the inefficient chargeback process.

Presenters:

Ethoca_J_Fergerson_2Julie Fergerson, SVP, Industry Solutions
With 20-plus years of experience, Fergerson is one of the industry’s foremost experts on internet payments fraud.

 

 

Ethoca_S_DurneySteve Durney, SVP, Issuer Relations
After spending 20 years working with a top-3 issuer, Durney is an expert in fraud prevention, dispute recovery, and cost reduction.

Tink to Test PFM App with 10,000 ABN AMRO Customers

Tink to Test PFM App with 10,000 ABN AMRO Customers

TinkHomepage

Fresh off the announcement of the FinovateEurope 2016 lineup, we have big news from Swedish alum Tink which has partnered with ABN AMRO, a large Dutch bank widely considered digitally progressive.

As a part of the partnership, ABN AMRO has worked with Tink to launch Grip, a budgeting and expense-management app that aims to help users control their spending.

Starting today, a select 10,000 ABN AMRO customers will pilot the iOS app, offering feedback on how developers can tweak the platform. If the pilot is successful, Grip will be released to the bank’s 4.5 million customers.

Tink’s direct-to-consumer PFM app launched in 2012 and boasts 300,000 iOS and Android users in the Swedish market.

The company was listed in the Fintech 50 earlier this year and won Best of Show for its demo at FinovateEurope 2014. Check out its award-winning presentation.