Finovate Alumni News

On Finovate.com

  • DefenseStorm Forges Strategic Partnership with Alogent.
  • FinovateFall 2018: Be There … In Times Square.

Around the web

  • Ripple reaches milestone as its RippleNet network is now live in more than 40 countries across six continents.
  • Bambu, Exate Technology, and Market IQ are among the seven startups selected for Plug and Play ADGM’s three-month accelerator program.
  • AlphaPoint appoints Moishe Gubin to its board of directors.
  • CallVU to provide an international credit company with biometric authentication via its digital engagement platform.
  • Enveil and Payfone earn spots on the 2018 SINET 16 Innovators roster.
  • Fifth Domain features Hacker One in a look at how white hat hackers could help improve voting machine security.

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

  • What Happens When a Lending Platform Goes Under?
  • Australian Challenger Bank Tyro Partners with Alipay.

Around the web

  • Coinbase leverages an electromagnetic signal blocking tent to secure assets from cybercriminals.
  • Klarna to provide pay later service for U.K. retailer, The Fragrance Shop.
  • Finastra to support fintech collaboration in the Middle East by joining Bahrain FinTech Bay.
  • AlphaPoint powers San Francisco-area, XRP-based cryptocurrency exchange, DCEX.
  • Check Point rumored to be developing a mini-firewall for IoT.
  • Bloomberg reports: Google and Mastercard Cut a Secret Ad Deal to Track Retail Sales.
  • Personal Capital launches “Retirement Paycheck” service to simplify retirement income.
  • Salesforce selects InvestGlass for EMEA fintech accelerator.
  • Black Enterprise profiles DarcMatter co-founder, Natasha Bansgopaul.

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

  • Standard Chartered Pilots Blockchain-Based Trade Guarantees.
  • Digital Onboarding to Enhance Customer Experience for Mariner’s Bank.

Around the web

  • NICE introduces Proactive Fraudster Exposure functionality to its Real-Time Authentication solution for call centers.
  • The Paypers features Onfido CEO Husayn Kassai on the role of technology in the transformation of UX.
  • Co-founder and CEO of comScore, Dr. Magid Abraham, joins Roostify’s board of directors.
  • AlphaPoint integrates with VerifyInvestor.com to provide clients with a new option for compliant investor onboarding.
  • Fortytwo Data opens its first international office in Kiev, Ukraine.
  • Insuritas to launch digital insurance agency platform for Eagle Community CU.
  • Quadient listed as a Top Customer Journey Mapping Vendor in Ovum Report.

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

  • Payworks to Fuel New Point of Sale Tool for Bambora.
  • Roostify Enhances Customization with New Adapt Tool
  • Check out today’s FinovateFall Sneak Peeks:

Around the web

  • Seasons FCU selects online and mobile banking technology from Bankjoy.
  • Customer experience specialist Truphone partners with Verifone.
  • AlphaPoint taps Sri Manda as its new Chief Information Security Officer.
  • RegTech Supplier Performance Report ranks Trulioo’s GlobalGateway as top ID verification tool for third consecutive year.
  • Telenor pioneers Norwegian Open AI Lab.
  • WSJ features LendUp’s focus on subprime lending.
  • Diebold Nixdorf hires advisers to seek a sale.

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

  • Moneyhub Expands Platform with Payment Initiation Services.
  • Holvi Helps Uber Drivers Manage Finances with New Partnership.
  • Identitii to Raise $11 Million in ASX’s Latest Blockchain IPO.

Around the web

  • NICE partners with Cloud9 Technologies to combine compliance recording and cloud-based voice trading.
  • AlphaPoint earns Best Distributed Ledger Technology Provider by the 2018 Waters Rankings.
  • Prosper reports more than $13 billion loans originated since inception.
  • Xero unveils the finalists of its 2018 Xero Awards.
  • New partnership with Envestnet will make Allianz Life annuity products available on Envestment’s insurance exchange.
  • Bitcoin News features Crypterium. Come see their live demo at FinovateFall next month.
  • QuickBridge partners with Lendio for its Turndown lending program.
  • Temenos and AUC Venture Lab team up to accelerate fintech innovation in Egypt.

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

  • Onfido Helps TransferGo Onboard New Users Faster.
  • Hydrogen Unveils FINDI Consortium to Boost Support for Public Blockchains.
  • Ondot Brings Card Control Technology to PSCU.

Around the web

  • AI Foundry teams up with ECM software provider MTS Software Solutions.
  • Joint solution between Jscrambler and Intertrust to provide protection for mobile and JavaScript apps.
  • Home Bank implements Loan Fulfillment Center (LFC) from Mortgage Cadence.
  • Tinkoff Bank begins offering loans to SMEs.
  • AlphaPoint hires Srikant Manda as Chief Information Security Officer.

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.

AlphaPoint to Power DCEX, an XRP-Based Currency Exchange

Digital asset exchange platform AlphaPoint announced today it will power DCEX, a digital currency exchange platform powered by AlphaPoint’s blockchain technology.

DCEX will serve as a digital currency exchange for retail and institutional investors and is using Ripple’s digital currency, XRP, as its base currency. This move makes DCEX the first marketplace to use XRP exclusively. At launch, the exchange allows users to trade in 15 coin pairs, including the most popular currencies, Bitcoin, Litecoin, and Ethereum. The exchange plans to add more pairs later this year.

Features of the exchange include:

  • Conduct high-speed transfers between exchanges
  • Designed to facilitate up to one million transactions per second
  • Connect to APIs to facilitate high frequency crypto trading
  • Move XRP between DCEX and other marketplaces at a low cost

In a blog post announcement on Medium, Salil Donde, AlphaPoint CEO said, “We, as founders, have been in the crypto space since its inception… At DCEX we firmly believe that a true industry leader must be unrivaled in every element of the service it offers. We offer the excitement of trading, and provide you with the means to navigate the uncharted waters of cryptocurrency trading.”

The exchange will begin trading in a couple of weeks, but users can sign up for early access.

Founded in 2013, AlphaPoint powers digital asset networks and maintains the AlphaPoint Distributed Ledger Platform (ADLP), the platform on which the asset issuance and custody solution is based. The ADLP interoperates with more than 20 ledger technologies. At FinovateFall 2017, the company showcased the ADLP Reconciliation Platform, which combines blockchain-based asymmetric access controls and machine-enforced domain compliance for order management and other activities. The Reconciliation Platform reduces time and cost associated with manual, post-trade reconciliation processes.

In June of this year, AlphaPoint raised $15 million in funding, bringing its total capital to $16.6 million. Last week, the company appointed Kristin Boggiano as Chief Legal Officer.

Finovate Alumni News

On Finovate.com

  • CoverHound to Help Intelligent Customers to Shop Around for Renter’s Insurance.
  • AlphaPoint to Power DCEX, an XRP-Based Currency Exchange.
  • ebankIT to Power Digital Banking for Coast Capital.

Around the web

  • Fiserv forges strategic alliance with cybersecurity firm, BlueVoyant.
  • mBank and Commerzbank to launch pan-European challenger bank.
  • Gartner recognizes i-exceed as a “Niche Player” in its Magic Quadrant for Mobile Application Development Platforms (MADP).
  • Finance Magnates features a profile on the Ledger Nano S hardware wallet.
  • Caja Sullana leverages credit scoring from LenddoEFL to provide young entrepreneurs access to credit.
  • Insuritas to launch a member owned insurance agency for America’s Credit Union and its 47,000 members.
  • NIIT Technologies recognized as ‘Star Performer’ on the 2018 Everest Group PEAK Matrix Insurance Application Services.
  • Glassdoor ranks Kasasa CEO Gabe Krajicek 45th in the Top 50 CEOs at Small and Medium Companies in the United States.

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

  • Flywire Raises $100 Million for Global Expansion.
  • Five Degrees Acquires Icelandic IT Software Company Libra.
  • Yoyo Tops One Million User Milestone.
  • Coinbase Enables European Customers to Buy Virtual Gift Cards with Crypto.

Around the web

  • The Motley Fool interviews Q2 Holdings CEO Matt Flake.
  • AlphaPoint hires Kristin Boggiano as Chief Legal Officer.
  • Entrust Datacard unveils TruCredential 7.5 software that enables tablet and mobile-based capture and issuance of ID cards.
  • America’s Credit Union partners with Insuritas to launch member owned insurance agency.

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

  • Baker Hill Inks Loan Origination Deal with West Texas State Bank.
  • Finicity and Cre8tech Labs’ Lender Price Partner to Streamline Digital Lending.

Around the web

  • LendInvest partners with Onfido to bring identity verification to LendInvest’s Buy-to-Let digital applications.
  • Malauzai and Somerset Trust Company declare August 20th as National Fintech Day.
  • Thomson Reuters launches Compliance Management solution, an addition to its Connected Risk platform.
  • Ripple announces the transition of David Schwartz from Chief Cryptographer to Chief Technical Officer.
  • Identity verification startup Sedicii earns a finalist spot in BBVA’s Open Talent competition.
  • Barclays to deploy Finastra’s Fusion Loan IQ system.
  • AlphaPoint wins Best Distributed Ledger Technology Provider by the 2018 Water Technology customer survey.

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.