Finovate Alumni News

On Finovate.com

  • Finovate Debuts: Payment Ninja Provides Free Payment Processing, Programmatic Remarketing for SMEs.
  • Alpha Payments Cloud Selected for Wells Fargo Spring Startup Accelerator.
  • Check out this week’s FinDEVr APIntelligence.
  • DriveWealth Brings Robo-Advisory to China in New Partnership with CreditEase.
  • Buzz Points Lands $1.8 Million in Funding.

Around the Web

  • Cater Allen Private Bank to implement new core banking system from Temenos.
  • Top five Israeli banks to build mobile check-deposit solution based on mobiFLOW SDK from Top Image Systems.
  • Zopa named Moneyfacts Personal Loan Provider of the Year 2016.
  • Trulioo enhances address validation in Global Gateway.
  • MX to power Homeownership Preservation Foundation’s digital money management app.
  • Tradestreaming profiles Payoneer and its role in online payments.
  • Banking technology from Infosys Finacle to help support payments and deposit products for Paytm.

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.

Where Are They Now? A Look at FinovateSpring 2015 Best of Show Winners

Finovatefloor

FinovateSpring is quickly approaching. This year’s show, May 10 & 11 in San Jose, California, will be our biggest show yet with 72 winning ideas pitched to more than 1,500 fintech execs. Pick up your ticket to save your seat. While we’re eager to see this year’s demos, we wanted to reflect on the successes of last year’s Best of Show winners (in alphabetic order):


Alpha Payments Cloud

HQ: Singapore
Founded: 2012
Total funding: $12 million

APCStage

May 2015 demo: Alpha Payments Cloud showed AlphaHub, its omnichannel solution-access platform that helps banks, merchants, MSPs, and ISOs gain access to any solution provider in the world. (Demo video)

Partnerships, presentations, and product offerings since August 2015:


Avoka

HQ: Broomfield, Colorado
Founded: 2002

AvokaStage

May 2015 demo: Avoka showed Transact for Financial Services, which combines social, cloud services, and crowdsourcing into the world’s fastest credit card application. (Demo video)

Partnerships, presentations, and product offerings since September 2015:


MoneyAmigo

HQ: Las Vegas, Nevada
Founded: 2015
Funding: $300,000

MoneyAmigoState

May 2015 demo: MoneyAmigo debuted its new platform that brings financial services to the underbanked and underserved, delivering traditional banking products in an innovative way. (Demo video)

Activities and media coverage since May 2015:


Moven

HQ: New York, New York
Founded: 2011
Funding: $24.4 million

MovenStage

May 2015 demo: Moven introduced its Financial Health Platform that provides real-time, contextualized notifications and interactions that create “gamified money moments.” (Demo video)

Media coverage and new product features since October 2015:


NAMU Systems

HQ: Mahwah, New Jersey
Founded: 2014
Funding: $200,000

NamuStage

May 2015 demo: Namu debuted 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. (Demo video)

Namu’s awards and press coverage in 2015:


Shoeboxed

HQ: Durham, North Carolina
Founded: 2007
Funding: $2 million

ShoeboxedStage

May 2015 demo: Shoeboxed launched Receipt Capture for Banks solution which boosts the functionality of online and mobile banking apps while providing fraud protection. (Demo video)

Shoeboxed recently received media buzz for its product update and corporate move last year:


Stratos

HQ: Ann Arbor, Michigan
Founded: 2012
Funding: $6.63 million

StratosStage

May 2015 demo: Stratos debuted its dynamic Stratos Bluetooth Connected Card and Digital Card Issuance Platform that analyzes card usage trends and interactively engages card members. (Demo video)

Awards and activities:

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.