AlphaPoint Launches Solution for Initial Coin Offerings

With the price of Bitcoin rising past $2,000 this morning and India in the midst of a currency unrest, people are starting to pay attention to digital currencies. All of this makes for perfect timing for digital currency exchange platform AlphaPoint to introduce a solution enabling clients to launch, manage, trade, and maintain Initial Coin Offerings (ICOs).

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, which interoperates with more than 20 ledger technologies, enables users to host crowdfunding events, such as ICOs. The ICOs issue newly created digital assets on the exchange, which is hosted on AlphaPoint’s infrastructure.

“This is an exciting time for technology to drastically change the way companies gain access to capital,” said Joe Ventura, Founder and CEO of AlphaPoint. “ICOs create a new source of funding to accelerate innovation, and we are proud to be building the technology platform to support those initiatives.”

Along with today’s announcement, AlphaPoint reported that it joined the Enterprise Ethereum Alliance, which tripled in size today with a slough of 85 others joining the initial batch of 30 members that piloted the alliance. The company also joined the Hyperledger consortium, an open source collaborative effort to advance cross-industry blockchain technologies.

At FinovateEurope 2015 Ventura, along with AlphaPoint’s VP of Sales, Scott Bambacigno, debuted version two of its digital currency exchange platform. Earlier this year, the company completed a successful blockchain trial with Scotiabank, which tested its internal system with a range of use cases for AlphaPoint’s Distributed Ledger Platform.

Finovate Alumni News

On Finovate.com

  • AlphaPoint Launches Solution for Initial Coin Offerings
  • Finovate Alums Prepare for Citi Tech for Integrity Challenge Finals

Around the web

  • Bellingham, Washington-based Whatcom Educational Credit Union (WECU) to deploy core processing technology from Fiserv.
  • Digital Wealth Insights reviews Moven Enterprise.
  • Ledger announces XRP support on Nano S and Blue.
  • IDology named one of 2017’s Best and Brightest Companies to Work For in Atlanta.
  • Bankless Times: Lighter Capital an alternative for tech startups.
  • Barefoot Innovation Group features Bill Harris, CEO of Personal Capital.
  • Check Point’s SandBlast Mobile receives Miercom’s Certified Secure Award.

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.

FinDEVr APIntelligence

FDNY17-Logo-RevFinDEVr New York will be here in just two short weeks! Check out company features and take a look at the previews from upcoming presentations. And of course, don’t forget to register today to save!

On FinDEVr.com

  • Envestnet | Yodlee Launches Suite of Risk Reporting Tools.
  • PwC Brings Blockchain PoC to London’s Specialty Insurers
  • Shwayhat Steps Up: GreenKey Technologies Announces New CEO
  • Scotiabank and AlphaPoint Wrap Up Blockchain Trial
  • Check out these previews from upcoming FinDEVr New York presentations:

Alumni updates

  • BBVA Compass adds cash-back incentive to stimulate interest in mobile banking app.
  • OutsideIQ teams up with Genpact to bring better risk management, KYC, and AML compliance solutions to banks.
  • Bluefin Payment Systems joins forces with The Pinnacle Corporation, bringing point-to-point encryption (P2PE to the latter’s Palm POS platform.
  • Top 10 global bank deploys mobile capture technology from Kofax.
  • IBM forges strategic partnership with Salesforce, connecting AI platforms IBM Watson and Salesforce Einstein.
  • Arxan Application Protection named Best IoT product at the 2017 Cybersecurity Excellence Awards.
  • Kontomatik nominated at the Dutch FinTech Awards 2017.
  • Mambu goes live in the Americas with new offices in Miami and new regional managing director.
  • PayPal partners with Oro ecommerce platform.
  • UK food retailer, The Co-operative Group chooses ACI Worldwide to run wallet service.
  • Palestine’s The National Bank deploys core banking technology from Temenos.
  • Dallas News features Bruce Parker, founder and CEO of ModoPayments.

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

Scotiabank and AlphaPoint Wrap Up Blockchain Trial

Screen Shot 2017-02-27 at 10.30.02 AM

Blockchain technology infrastructure platform AlphaPoint has finished a successful trial with Scotiabank. The Toronto-based bank tested its internal system with a range of use cases for AlphaPoint’s Distributed Ledger Platform.

The AlphaPoint platform lets banks digitize financial instruments, creating trading venues for blockchain assets, while managing workflows integrated with the bank’s existing infrastructure. Scotiabank tested the platform for multiple months by submitting trade reports to the platform, which ran simultaneously on Microsoft’s Azure cloud and AlphaPoint hardware. The blockchain network converted FIXML messages into smart contracts in real time, establishing a single, permanent record across the network.

“Distributed ledger technology enables institutions to rethink how data flows within their organizations,” stated Joe Ventura, Founder & CEO of AlphaPoint. “Partnering with Scotiabank is an amazing experience – their team is leading the charge by proving out pragmatic, near-term implementations of this revolutionary technology.”

Bitcoin Magazine asked Igor Telyatnikov, president and COO of AlphaPoint, if there were plans to further develop this project. Telyatnikov responded that he could not comment on next steps, but, “he did however indicate that AlphaPoint is planning to reveal some additional news in the near future.”

Founded in 2013, AlphaPoint debuted its digital currency exchange platform at FinovateEurope 2015. Earlier this year, the company appointed former Deutsche Bank director, Scott Scalf, as Vice President. In October 2016, AlphaPoint unveiled StreamCore, a new solution to help banks manage and interact with blockchain data.

Finovate Alumni News

On Finovate.com

  • Lendio Brings the Franchising Model to Small Business Lending.
  • Excited to see Symphony Software Foundation at FinDEVr NY March 21 & 22. Check out our interview with Executive Director, Gabriele Columbro.
  • Scotiabank and AlphaPoint Wrap Up Blockchain Trial.

On FinDEVr.com

  • RSVP for FinDEVr’s International Debut.
  • PwC Brings Blockchain PoC to London’s Specialty Insurers.
  • Shwayhat Steps Up: Greenkey Technologies Announces New CEO.

Around the web

  • Vantiv to provide payment processing for Tyndall FCU ($1.3 billion in assets). See Vantiv at FinDEVr New York this month.
  • Scalable Capital recognized as only European startup on CNBC Upstart 25 roster.
  • Wealthify lowers minimum investment to £1.
  • Mambu goes live in the Americas with new offices in Miami and new regional managing director.
  • Trustly processes more than €3 billion in payments in 2016, announces UK expansion.
  • Fiserv Expands Contact and Servicing Center into Florida.
  • Yandex Money brings bankers onboard.
  • D+H Mortgagebot named HW Tech100 winner.

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

  • Passport Raises $8 Million in Series B.
  • OurCrowd Wins Red Herring Awards; Announces Partnerships with Bayer, DuPont.

Around the web

  • NCR releases updated version of its transactions processing solution, Authentic.
  • Major update to Xero’s online invoicing technology to help businesses avoid phishing scams.
  • TimeTrade brings its Banking by Appointment functionality to FIS’ mobile banking app.
  • Clover selects DAVO’s Sales Tax App as first app featured on its new blog.
  • ForwardLane and AlphaPoint selected to participate in Accenture’s Fintech Innovation Lab.
  • ENGIE to leverage Kony’s enterprise-mobility platform.
  • SafetyPay increases its volume of transactions paid in cash by 86% compared to last year.

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

  • LendUp Raises $150 Million in Series B; Expanded Credit Facility”
  • Fiserv Buys ACI Worldwide’s Community Financial Services Division for $200 Million”

Around the web

  • Tradeshift partners with (RED) to facilitate donations to the Global Fund to fight AIDS, tuberculosis and malaria.
  • Payoneer selects AU10TIX to enhance online customer ID authentication and record generation.
  • AlphaPoint appoints Scott Scalf as EVP of Development Operations.

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

  • “Digital Asset Holdings Acquires Blockchain-as-a-Service Innovator, Blockstack.io

Around the web

  • Let’s Talk Payments interviews John Dancu, IDology CEO.
  • AlphaPoint unveils StreamCore to help banks take advantage of blockchain data.
  • Fastacash partners with Xpress Money to launch XOPO, enabling cross-border money-transfers via social networks and messaging channels.
  • Security solutions from Arxan Technologies now running on more than 500 million devices.
  • RIA Biz highlights MaxMyInterest in feature on the NAPFA Fall Conference.
  • ETFdb interviews CEO Maz Jadallah of AlphaClone.
  • Martin Beaulieu, former BlackRock managing director, joins BrightScope as adviser.
  • CurrencyFair expansion to bring 50 new jobs to Dublin, Ireland, over the next year.
  • Porch.com acquires Fountain, a startup launched by Mint founder, Aaron Patzer.
  • Chinese smartphone maker Nubia unveils phone with EyeVerify authentication technology.

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.

OnFinance’s “50 Companies to Watch” Features Finovate, FinDEVr Alums

OnFinance_50toWatch

Alumni from both Finovate and FinDEVr are featured in AlwaysOn’s OnFinance “50 Companies to Watch” roster released this week.

AlwaysOn’s OnFinance “50 Companies to Watch” highlights “early to mid-stage startups focused on honing fintech innovation” that are effectively taking their technologies to market. This ability to “capitalize on enormous market opportunities” is what AlwaysOn uses to distinguish its “50 Companies to Watch” from its “Top 100” list published earlier this month.

“(The 50) are positioned at the inflection point of growth and are quickly emerging as contenders that are earning global recognition,” write the editors.

See for yourself. The full list is here. Below are the nine Finovate and FinDEVr alums that made the cut, along with a link to their most recent appearance on stage.

AlphaPoint_hires_logo_boxFinovateEurope 2015

 

Betterment_logo FinovateFall 2011

 

CardFlight_logo FinovateSpring 2014

 

DraftLogo

See them at FinovateSpring 2015

 

 

 

jumio_logo_cmyk FinovateEurope 2015

 

 

Kensho_logo FinovateEurope 2014

 

Plaid_logo FinDEVR San Francisco 2014

 

Tradier_logo FinDEVR San Francisco 2014

 

 

Zumigo_logo FinovateSpring 2014

 

Alumni News– March 12, 2015

Finovate-F-Logo-thumb-100x100-4490-thumb-100x100-8209-thumb-200x200-8210-thumb-200x200-8972-thumb-200x200-8975-thumb-125x125-9061-thumb-125x125-13257-thumb-150x150-13291-thumb-150x150-13321-thumb-125x125-13415

  • Finovate Debuts: AlphaPoint Powers Digital Currency Exchanges Around the World
  • Temenos partners with Microsoft to launch T24 country model bank for Mexico.
  • Coinbase adds support for FIX protocol for trade-order management.
  • Q2 Holdings Completes $116 Million Follow-On Stock Offering
  • CardNotPresent.com reports: Zooz to Expand Globally, Opens London Office
  • MasterCard and Kabbage partner to make Kabbage’s data and platform available through its network of acquirers.

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.