Finovate Alumni News

On Finovate.com

  • ID.me Offers Retailers Eligibility Verification for Discount Programs.

Around the web

  • Bill.com announces its automated international business payments solution, piloted in July, is now generally available.
  • Finastra’s former chief digital officer, Balazs Vinnai, joins W.UP as an investor and president.
  • ZeroReveal, the security solution from data-in-use cybersecurity specialist Enveil, earns international Common Criteria security certification.
  • Thailand’s Bank of Ayudhya chooses NICE Actimize to transform its AML compliance capabilities.
  • ACI Worldwide introduces new offerings to enable banks to take advantage of SWIFT’s global payments innovation (gpi) service.
  • Sberbank launches new Seven Minute loan offering for large businesses.
  • Thomson Reuters teams up with augmented intelligence solution provider, Squirro.

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

  • Diebold Nixdorf Receives $650 Million Capital Commitment.
  • Mint Brings User Interface into 2018.
  • A Framework for Your 2019 Fintech Strategy.

Around the web

  • Mitek announces departure of CEO Jim DeBello.
  • The SaaS Report recognizes bpm’online CEO and managing partner, Katherine Kostereva, as one of its Top 50 SaaS CEOs of 2018.
  • ACI Worldwide integrates with tax filing technology firm, SPAN Enterprises.
  • Modo teams up with Etihad Airways to build loyalty solution for airline industry.
  • Vera welcomes Carlos Delatorre as CEO.
  • Temenos launches Temenos Learning Community Engine.

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

Around the web

  • Dutch fintech Five Degrees purchases core banking IT systems provider, Libra.
  • QuickBridge to participate in Lendio’s turndown lending program.
  • PasswordPing announces new Chief Executive Officer, Michael Greene. See PasswordPing at FinovateFall next month.
  • Identity-as-a-service specialist Onfido forges partnership with Claim Technology.
  • Alphacomm Solutions to deploy ACI Worldwide’s UP eCommerce Payments technology.
  • CurrencyFair acquires Hong Kong-based Convoy Payments.
  • PYMNTS.com interviews Entersekt SVP of engineering, Richard Bailey.
  • Bluefin and payment service provider Anderson Zaks partner to provide Bluefin’s PCI-validated Point-to-Point Encryption (P2PE) security solution to merchants and retailers.

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

  • Figure Eight (formerly CrowdFlower) Collaborating with Google Cloud on Machine Learning.
  • Zooz Acquired by PayU in Deal Valued at More than $80 Million.

Around the web

  • Currencycloud announces new CRO Nick Cheetham.
  • Rabobank to leverage ACI Worldwide’s ACI Issuer to manage and modernize its card portfolio business.
  • TransferTo teams up with distributed, open-source blockchain platform, Stellar.org to make cross border money transfers easier.
  • Infosys Finacle to power Ayeyarwaddy Farmers Development Bank’s digital transformation.
  • The Silicon Review names Arxan and IdentityMind Global among 50 best companies to watch in 2018.
  • Prosper moves from providing investors estimated return data to historical return data.

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

  • TransferWise Helps Monzo Clients Send Money Abroad.
  • Hydrogen Takes Top Honors at Fintech Awards Luxembourg 2018.
  • Gusto Launches Flexible Pay, Turning Payday into Any Day.

Around the web

  • The Paypers interviews Comarch product development manager Bartłomiej Wójtowicz.
  • ACI Worldwide VP of Merchant Payments for Europe Andy McDonald discusses the future of real-time payments.
  • PYMNTS.com takes a look at PayPal’s acquisition of Hyperwallet.
  • Quadient announces availability of Quadient Inspire R12.
  • Passport powers mobile parking app for University of Illinois.
  • Finastra to sell its Collateral Management Corporation (CMS) business to Teranet.

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

  • Signicat and Mitek Team Up to Improve Digital Onboarding.
  • Meniga Scoops Up $3.6 Million in New Funding Courtesy of UniCredit Investment.
  • OutSystems’ $360 Million Funding Round Boosts Valuation Above $1 Billion.
  • Credit Karma Hires Colleen McCreary as First Chief People Officer.

Around the web

  • Oman’s Bank Sohar to deploy core banking platform from Infosys Finacle.
  • IdentityMind Global announces update of its trusted digital identities platform.
  • Revolut CEO Nikolay Storonsky tells Reuters his company will seek a banking license in the U.S.
  • i-Sight to deploy ACI Worldwide’s Case Management solution to fight bank fraud.
  • D3 Banking Technology unveils new account opening service.
  • collectAI improves Hanseatic Bank’s receivables management with a 24 percent higher collection rate.
  • SMArtX adds 18 new strategies.
  • Kony unveils new digital banking solution – Kony DBX
  • Edwards Federal Credit Union signs with Bankjoy to enhance home and mobile banking functionality.
  • Two of the top 5 US banks (and three of the Top 10) are now using Socure’s ID+ 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 Global: Fintech News from Around the World

As Finovate goes increasingly global, so does our coverage of financial technology. Finovate Global: Fintech News from Around the World is our weekly look at fintech innovation in developing economies in Asia, Africa, the Middle East, Latin America, and Central and Eastern Europe.

Asia

  • Singapore unveils new fintech fast track initiative to speed the patent-application-to-grant process for fintechs.
  • Myanmar’s Myawaddy Bank chooses technology from Infosys Finacle to drive its digital transformation.
  • Sri Lanka’s central bank announces plans to establish a fintech regulatory sandbox.

MENA

  • ADGM proposes regulatory framework for digital assets.
  • Dubai International Finance Centre (DIFC) inks MoU to foster innovation in financial services; plans collaboration with Accenture’s FinTech Innovation Labs.
  • Saudi SAMA to develop fintech ecosystem in partnership with Deloitte.

Africa

  • Open Banking Nigeria enters strategic partnership with Open Vector to develop API standards.
  • Beta launch of its Bonga social network platform shows East African telecom giant Safaricom moving beyond its M-Pesa mobile money solution.
  • How We Made It In Africa: African Business Insight spotlights funding trends among African fintech and agribusiness.

LATAM

  • Brazil’s Central Bank issues fintech rules including authorization for P2P lending.
  • Ethereum World News looks at the growing availability of Bitcoin ATMs in Argentina.
  • Bankless Times checks in on the progress of – and provides a prognosis for – Peru’s first mobile money wallet, BIM.
  • BBVA’s Propel Venture Partners invests in Brazilian neo-bank, Neon.

CEE

  • Erste Bank Hungary readies for immediate payments and open banking era with ACI Worldwide.
  • The Bank of Russia looks to blockchain technology for as an alternative to its financial message transferal service, SPFS (“Russia’s SWIFT”).
  • EVO Payments to provide payment acceptance services for merchant customers of leading Czech bank, MONETA.

Top image designed by Freepik

 

Finovate Alumni News

On Finovate.com

  • New Investment Helps Power Canadian Expansion for Financial Data Platform Quovo.

Around the web

  • HTC Global Services joins Quadient Partner Advantage Program.
  • Token Granted FCA Authorisation For Open Banking Payment & Information Services.
  • Erste Bank Hungary Readies for Immediate Payments and Open Banking Era with ACI Worldwide.
  • NICE’s Cognitive Robotic Automation Platform allows Amazon Lex’s conversational chatbot to fulfill more customer requests in real-time.
  • Salt Edge supports Account Information Services flows authorized under PSD2 Third Party Providers.
  • Sensibill powers receipt management for Quontic Bank.
  • Digital Onboarding to enhance Belmont Savings Bank’s customer engagement by increasing new checking account activation rates.

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 Global: Fintech News from Around the World

As Finovate goes increasingly global, so does our coverage of financial technology. Finovate Global: Fintech News from Around the World is our weekly look at fintech innovation in developing economies in Asia, Africa, the Middle East, Latin America, and Central and Eastern Europe.

Africa

  • Block Commodities, Walla, Dala, and FinComEco partner in new initiative to leverage cryptocurrencies to fund loans to African farmers.
  • Standard Chartered opens fully licensed bank in Côte d’Ivoire.
  • Nigerian fintech startups to compete for annual mCash Prize for Innovation in Fintech, sponsored by the Nigeria Interbank Settlement System (NBSS).

LATAM

  • Santander unveils new blockchain-based international wire transfer service for Brazilian consumers.
  • Digital bank Wanap goes live in Argentina (in Spanish).
  • El Financiero looks at the potential impact of a Mexico-like fintech law on fintech innovation in Costa Rica (in Spanish).

CEE

  • OTP Bank in Hungary partners with ACI Worldwide to power its digital transformation.
  • Sberbank and SAP team up to complete cloud-based digital transformation project.
  • Efigence powers concept, UX, and design for BGŻOptima Bank’s new portal.

Asia

  • Fintech Malaysia lists its 14 Names You Should Know to “highlight some of the movers and shakers within the fintech space in Malaysia.”
  • Ernest & Young executive predicts sharp rise in number of Vietnamese fintechs and “heightened investor interest.”
  • Research agency BMI says infrastructure, growing affluence, and high mobile and broadband use suggest Malaysia could be world leader in Islamic financial technology.

MENA

  • MENA Research Partners estimates the value of the MENA Fintech market at $2 billion, with an annual growth of $125 million over the next four years.
  • Daily News Egypt discussed Egypt’s commitment to digitize its economy with Visa CEO Alfred Kelly.
  • Emirates NBD integrates blockchain technology into cheques to fight fraud and forgery.

Top image designed by Freepik

Finovate Alumni News

On Finovate.com

  • LendingTree Launches Free Credit Monitoring.
  • eToro Raises $100 Million in Series E.
  • NICE Actimize Launches AI-Powered Financial Crime Investigation System.

Around the web

  • Hyperwallet tackles payments for staffing and recruiting platform tilr.
  • Compass Plus offers active-active database clustering on TranzAxis.
  • Steward Bank selects NetGuardians to help fight against fraud.
  • Kasasa named one of “2018 Best Places to Work in Financial Technology” by American Banker
  • CardFlight announces that over 80% of SwipeSimple merchants have been upgraded to EMV quick chip payment acceptance.
  • Revolut launches disposable virtual cards for online payments.
  • ACI Worldwide teams up with Shanghai-based UnionPay International.
  • IdentityMind Global announces GDPR-readiness ahead of the EU’s May 25th deadline.
  • MaxMyInterest adds former TD Ameritrade executive Tom Bradley to Advisory Board.
  • NICE Actimize unveils new AI-powered financial crime management solution, Actimize ACTone.

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.