Finovate Alumni News

On Finovate.com

  • “Persado Pulls in $30 Million in Funding Led by Goldman Sachs”
  • “Ally Financial Acquires TradeKing for $275 Million”

Around the web

  • Mistral Mobile unveils its new, two-factor authentication solution, m-Aegis Secure OTP.
  • Azimo announces expansion within Denmark and Sweden.
  • TransferTo adds GGV Capital venture partner, Lee Kheng Nam, to its board of directors.
  • Alpha Payments Cloud teams up with WeCollect to launch China Payments Cloud.
  • Broadway Bank selects Micronotes’s cloud-based marketing automation platform to boost digital customer engagement.
  • RBC partners with BlackRock’s FutureAdvisor for robo-adviser pilot program.
  • “OutsideIQ Chosen To Participate In Brazilian Innovation Summit”

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.

Alpha Payments Cloud Wins Next Gen Payments Category of KPMG Fintech Innovation Challenge

AlphaPaymentsCloud_homepage_Jan2016

Alpha Payments Cloud, which won Best of Show at FinovateSpring 2015 with its AlphaHub technology, took home top honors in the “Next Generation Payments” category at the KPMG Fintech Innovation Challenge.

“We are delighted to have the AlphaHub platform recognized for its groundbreaking fintech innovation in the KPMG Challenge,” said Ronan Gallagher, chief product officer for Alpha Payments Cloud. “Going up against some of the most innovative startups from all over the world and being chosen for Next Gen Payments innovation is a great honor.”

AlphaPaymentsCloud_stage_FS2015

Alpha Payments Cloud CEO Oliver Rajic demonstrated AlphaHub at FinovateSpring 2015 in San Jose.

As one of six category winners, Alpha Payments Cloud will participate in the KPMG Fintech Innovation Summit in London following FinovateEurope on 11 February. Designed to encourage collaboration between fintech innovators and financial institutions, this year’s summit is the organization’s second event and was organized by Matchi, a fellow Finovate alum.

AlphaHub is a Payments-as-a-Service platform that enables banks, merchants, managed service providers (MSPs), and internet service providers (ISPs) to access any payment type and any solution provider in the world. The technology helps business strategists and decision-makers deploy the technical innovations that will help drive their businesses, without having to wait at the end of a one or two years’ long integration queue in IT. Instead, as Alpha Payments Cloud CEO Oliver Rajic explained during his FinovateSpring 2015 demonstration, the company pledges to “connect institutions to any vendor, any solution provider, in 15 days or less.”

AlphaHub_homepage_Jan2016

“As the innovative manager of an organization, you’re going to IT and saying: ‘Listen, don’t bother with integrations any more,'” Rajic said. “‘There’s this middleware layer that provides me with access to everything.'” Calling AlphaHub a “product access platform,” Rajic added that vendors on the platform benefit by being “part of a consortium of solutions,” rather than merely one of 20 different integrations.

Alpha Payments Cloud partnered with fellow Finovate alum Fiserv earlier this month in a deal that will bring AlphaHub’s platform to Australian banks. The company also became a global acquiring partner of Alipay, a subsidiary of Alibaba. This will make Alipay payment processing an option on the AlphaHub platform. And last fall, Alpha Payments Cloud announced that banks and merchants will get access to digital KYC services from Finovate alum iSignthis when those services go live this year.

Alpha Payments Cloud, along with fellow KPMG Fintech Innovation Challenge winner SuiteBox, will demonstrate its latest technology at FinovateEurope 2016 in London in less than two weeks. Find out more about our February fintech conference.

Finovate Alumni News

On Finovate.com

  • Betterment: Building a Better 401(k) with Betterment for Business
  • Check out today’s “FinDEVr APIntelligence”
  • TSYS to Acquire TransFirst for $2.35 Billion”
  • Alpha Payments Cloud Wins ‘Next Generation Payments’ Category at KPMG FinTech Innovation Challenge”

Around the web

  • Bluefin Payment Systems teams up with CDE, an audited encryption service organization.
  • Equity Bank to deploy multi-factor, mobile authentication technology from Entersekt.
  • Let’s Talk Payments interviews Sam Rehman, Arxan Technologies’ CTO.
  • Nasdaq.com features interview with B.J. Lackland, CEO of Lighter Capital.

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.

Finovate Alumni News

On Finovate.com

  • “Finovate Debuts: FINANTEQ Helps Innovative Banks Succeed in Mobile with SuperWallet”
  • Check out this week’s “FinDEVr APIntelligence”
  • “Union Bank & Trust Picks Prairie Cloudware’s Digital Payments Guardian to Power its Mobile Wallet”

Around the web

  • Iberiabank to deploy retail and SME platform from D3 Banking.
  • New savings app, Hip Money, featured in new video.
  • Fiserv and Alpha Payments Cloud team up to bring easier, faster payment processing to Australia.
  • Markit to begin using Amazon web services.
  • Earthport launches distributed ledger hub with single API access to Ripple.
  • Network International plans UAE deployment of cashless, cardless payment technology developed by Quisk.
  • TechCrunch: “App Annie Adds Support for Apple TV Apps, Including a ‘Top Charts’ Section”

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.

 

Finovate’s 2015 Best of Show Winners Give Something to Tweet About

BestofShowIMG

2015 was quite a year for the 800+ Finovate alumni. From acquisitions to IPOs, and everything in between, there was plenty to tweet about. Here are the highlights from the 2015 Best of Show winners:

FinovateEurope 2015

Avoka demoed a three-minute loan application that delivers a fast onboarding experience.

CoinJar showed a technology that enables consumers to buy, sell, and use digital and traditional forms of currency any way they choose, from dollars to bitcoins.

ebankIT demoed its omnichannel and social banking solution that maximizes interaction between FIs and clients.

eToro showed its innovations in social trading and investing for generation Y.

Jumio demoed credentials-management technology Netverify that turns mobile devices into ID document-scanning terminals.

mBank & i3D demoed their interactive, digital retail-branch concept.

Meniga showed off Market Match, its transaction-data analytics and enrichment engine.

FinovateSpring 2015

Alpha Payments Cloud demoed AlphaHub, its omnichannel access platform that helps banks, merchants, MSPs, and ISOs gain access to any solution provider in the world.

Avoka (see above)

Money Amigo showed technology that brings financial services to the underbanked and underserved, delivering traditional banking products in an innovative way.

Moven launched Moven Financial Health Platform that provides real-time contextualized notifications and interactions that create “gamified money moments.”

NAMU Systems demoed “Joyful Banking” which uses new and intelligent behavior modeling to focus on customer behavior and digital experiences to create a new standard in mobile banking.

Shoeboxed.com showcased its Receipt Capture for Banks, a solution that boosts functionality of online and mobile banking apps while providing fraud protection.

Stratos demonstrated its dynamic Stratos Bluetooth-connected card and digital card issuance platform that analyzes card-usage trends and interactively engages card members.


FinovateFall 2015

Blockstack.io launched technology that enables financial services and other enterprises to set up and build applications on a private, hosted blockchain.

Dyme showcased its innovative method for helping people start a savings habit and fund their lifestyle using text messaging.

Dynamics demoed fully programmable interfaces (stripe, EMV, NFC) for use in next-generation payment cards.

Finanteq launched its SuperWallet that helps banks take full advantage of their potential by integrating m-commerce and remote services with mobile banking.

Hedgeable: demoed its private banking platform for millennials.

HelloWallet showed its Retirement Explorer solution, an approachable and actionable online planning tool that helps employees model and work toward specific retirement outcomes.

SaleMove demoed its Engagement Platform and Omnicall technologies that enable online consumers to engage live with businesses as if they were face-to-face.

Soundpays showed its app that recognizes ultrasonic and sonic waveforms even in extremely noisy environments.


Want to see more award-winning demos of the newest fintech ideas? Pick up your ticket FinovateEurope 2016 and we’ll see you in London.

Finovate Alumni News

Around the web

  • Wipro appoints Abidali Neemuchwala, CEO and member of the board, and names TK Kurien as executive VP.
  • Top Image Systems announces quarter-million-dollar eFLOW5 upgrade project of Hong Kong subsidiary of a top-ten Chinese bank.
  • Let’s Talk Payments interviews Peter Burridge, Hyperwallet CRO and president.
  • PYMNTS interviews WePay’s Global Vice President of Sales and Success Kurt Bilafer about customer intimacy in online commerce.
  • Fortune: How Venmo plans to make money.
  • PayPal and Aramex partner to create www.ishoptheworld.com, a one-stop cross-border marketplace.

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.

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

Finovate Alumni News

On Finovate.com

  • “SumUp Brings its mPOS Technology to America”

Around the web

  • iSignthis and TikForce enter agreement for identity services.
  • Banks and merchants connected through Alpha Payments Cloud’s AlphaHub now have access to the iSignthis suite of services.
  • Functional Geekery interviews Plaid engineer David Chambers.
  • Power supplier ENEL to deploy TIS’s automated accounts payable and accounts receivables processing-solution across Russia.
  • TechCrunch Cribs features Credit Karma’s office.
  • Telefonica to work with Monitise in its transition to a cloud-based business.
  • Nigel Morris of QED Investors to join Zopa board of directors.
  • Fiserv launches wealth-management partnership with InvestEdge.
  • Trulioo, was named Top Innovator at the Integrate 2015 conference.

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.

Finovate Alumni News

On Finovate.com

Around the web

  • Alpha Payments Cloud teams up with Paysera to expand payment options for its customers.
  • Qapital launches solution to help freelancers set aside money for annual or quarterly taxes.
  • Telegraph looks at P2P lender Zopa, and its plans for growth in 2016.
  • Insuritas to provide its full-service insurance agency solution for Heartland Financial USA.

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

  • “Dashlane Integrates Samsung Biometric Technology in Android App Upgrade”
  • “Revolut Launches to Public, Announces $2.3 Million in Funding”

Around the web

  • PYMNTS looks at OnDeck’s record-breaking quarter.
  • Red Herring names Kabbage a Top 100 Private Company.
  • Geezeo to power BankMobile’s PFM.
  • Alpha Payments Cloud using Snapcard to enable AlphaHub users to accept Bitcoin payments.
  • PrivatBank to offer remittance services courtesy of TransferWise.
  • StockViews earns a spot in the 2015 Startupbootcamp FinTech London cohort.
  • ING Bank Slaski launches ING Business for Apple Watch app powered by Comarch Mobile Banking.
  • Caltech Letter interviews Financeit CEO Michael Garrity.
  • The Indian Express profiles the biometric authentication technology of EyeVerify.
  • Aragon Research names eSignLive by Silanis Technology as a “Hot Vendor” in digital transaction management (DTM).
  • peerTransfer petitions Chinese government to open office in Shanghai.
  • The Independent looks at the IPO plans of Fenergo in light of the company’s recent funding.
  • Investment News highlights Vanguard, Wealthfront, and Betterment in a look at how much money is being managed by robo-advisors.
  • Spreedly surpasses $1 billion in annual payment volume. Come see Spreedly at FinDEVr, 6/7 October in San Francisco.
  • Expensify integrates with Workato to connect it with more than 50 business apps.
  • CheckPoint’s ZoneAlarm Launches Windows 10 Compatible Antivirus Software for Consumers.
  • The Mifos Initiative joins The Open Source Initiative, a global nonprofit that promotes and protects open source software, development and communities. Check out Mifos at FinDEVr 2015 in San Francisco, 6/7 October.
  • Stuart Frankel of Narrative Science earns a spot on Crain’s Chicago Business Tech 50.
  • USA Today column on personal finance for millennials features Kai Stinchcombe, CEO and co-founder of True Link.
  • Business Insider includes Lending Club and Coinbase in its list of the seven hottest startups in Silicon Valley.
  • Blooom and Future Advisor are profiled in a Forbes column on making the most out of your 401(k).

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.

FinovateSpring 2015 Best of Show Winners Announced

FS2015_Best_of-Show_Trophies

Going into this year’s tally of FinovateSpring 2015 ballots, it was anybody’s guess which companies had won the hearts and minds of our attendees and would take home one of our coveted Best of Show awards.

But after two days of great demonstrations of the latest in fintech innovation from companies near and far, the votes are in, and we want to be among the first to congratulate those startups and industry veterans whose technologies wowed our record-setting crowd at the City National Civic in San Jose, Calif., this week.

Congratulations to the Best of Show winners for FinovateSpring 2015, listed in alphabetical order:

AlphaPaymentsCloudLogoAlpha Payments Cloud, for AlphaHub, its omnichannel access platform that helps banks, merchants, MSPs, and ISOs gain access to any solution-provider in the world.

 

Avoka_logo_VectAvoka, for Avoka Transact for Financial Services, which combines social, cloud services, and crowdsourcing into the world’s fastest credit card application.

 

 

FS2015_MoneyAmigo_logoMoney Amigo, for its technology that brings financial services to the underbanked and underserved, delivering traditional banking products in an innovative way.

 

MovenMoven, for its Moven Financial Health Platform, providing real-time contextualized notifications and interactions that create “gamified money moments.”

 

FS15_NAMU_logoNAMU Systems, for its “Joyful Banking” which uses new and intelligent behavior-modeling to focus on customer behavior and digital experiences to create a new standard in mobile banking.

 

 

Shoeboxed logo copyShoeboxed, for its Receipt Capture for Banks solution, which boosts the functionality of online and mobile banking apps while providing fraud protection.

 

STRATOS_ID_10.07.14Stratos, for its dynamic Stratos Bluetooth Connected Card and Digital Card Issuance Platform that analyzes card-usage trends and interactively engages card members.

We hope you enjoyed the show! As always, thanks to everyone who attended and participated in FinovateSpring 2015. We’ll see you next year!


Notes on methodology:
1. Only audience members NOT associated with demoing companies were eligible to vote. Finovate employees did not vote.
2. Attendees were encouraged to note their favorites during each day. At the end of the last demo, they chose their three favorites.
3. The exact written instructions given to attendees: “Please rate (the companies) on the basis of demo quality and potential impact of the innovation demoed.”
4. The seven companies appearing on the highest percentage of submitted ballots were named “Best of Show.”
5. Go here for a list of previous Best of Show winners.

Alpha Payments Cloud Presents AlphaHub, its Omnichannel Solution Access Platform

This post is part of our live coverage of FinovateSpring 2015.

AlphaPaymentsCloudLogoAlpha Payments Cloud is demonstrating its omnichannel solution access platform, AlphaHub.

Through the AlphaHub, connected banks, merchants, MSPs and ISOs gain access to any solution provider in the world. The AlphaHub is an omnichannel solution access platform that enables merchants to connect to service providers in a simple and scalable way, through a single integration. The depth and range of connected service providers and solutions span across the entire transactional, risk management and commerce solution spectrum, with more than a hundred third-party solutions and a suite of white-labeled products currently available. Additionally, the AlphaHub proprietary orchestration engine enables users to customize down to the individual transaction layer, leveraging each solution’s unique functionality and benefits.

AlphaPaymentsCloud CEO, Oliver Rajic, standing

IMG_9437

IMG_9444

Product Launch: November 2014

Metrics: Series A funding: $12M
Product distribution strategy: Direct to Business (B2B), through financial institutions, through other fintech companies and platforms

HQ: Singapore
Founded: June 2012
Website: alphapaymentscloud.com
Twitter: @AlphaPayments