Finovate Alumni News

On Finovate

  • Dream Payments Raises $6 Million in Funding for mPOS Technology
  • Finovate Debuts: Asseco SEE Brings Real-Time Big Data to Processing to Multichannel Banking
  • EZBOB Raises 3 Million in Private Equity Investment
  • Finovate Debuts: Telenor Banka’s Synergy of Telco and Banking Brings Financial Innovation to Serbia
  • CAN Capital Locks in $650 Million Credit Facility

Around the web

  • Striata acquires Mass Transmit for undisclosed amount.
  • PayPal closes acquisition of Paydiant.
  • Blooom participates in InvestMidwest Venture Capital Forum.
  • ayondo wins “Best Social Trading Program” honors at ADVFN International Financial Awards 2015.
  • Francepertise reviews TransferWise.
  • BioCatch and RippleShot earn 2015 METAwards from the Merchant Risk Council.
  • Tradier sees 35 million+ API calls in March. That’s 47k transactions per hour.

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 Debuts: Asseco SEE Brings Real-time Big Data Processing to Multichannel Banking

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In some parts of the world, telecommunications companies have aggressively worked to disrupt financial services. This is very much the case in Central and Southern Europe where companies like Telenor Banka and Asseco SEE have teamed up to address relatively low adoption rates of online and mobile banking, despite the region’s high levels of connectivity.

Along with Telenor Banka, Asseco SEE made its Finovate debut in February 2015 (read Our Finovate Debut post on Telenor Banka here), unveiling their Automated Online Handset loan offer and technology solutions that made it possible. Asseco SEE is the largest provider of proprietary software solutions in the SEE (South Eastern European) region and offers end-to-end solutions that include core banking, multichannel (including ATM), and a fully native mobile app.

Asseco SEE facts:

  • Founded in 2007
  • Headquartered in Warsaw, Poland
  • Asseco SEE has more than 1,400 employees
  • Piotr Jelenski is President of the Management Board

The story

Asseco’s business lines include production of software solutions for banking, telecommunications and government, complete payment solutions (ATM and PoS implementation and services), as well as system integration.

Asseco SEE’s partnership with Telenor Banka provides a complete end-to-end solution for banking, and also a mature and flexible system that helps identify the right offers at the right time.

In addition, Asseco SEE provides a fully automated process to support the development of new products.

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(Left to right): Asseco Group President of the Management Board, Piotr Jelenski, and Telenor banka Chairman of the Executive Committee, Martin Navratil

The solution, in large part, was Asseco’s ASEBA Multichannel Hub. The hub includes services for a variety of channels (web, mobile, ATM, branch, call center, etc.), as well as fundamental business operations that can be integrated with external legacy back-end systems. Thanks to this ability of integrating with external systems, Telenor Bank achieves the kind of “synergy” between telecom and the bank that makes the latter’s service unique: a customized loan offer created from data derived from two different companies.

The future

Asseco SEE is confident that the SEE region will experience the digital transformation of banks that is taking place elsewhere in Europe and around the world. Moreover, the company is confident that it will play a major role in making this happen, saying it has the experience, know-how, and full potential to help banks and other FIs make the transition.

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The ASEBA Multichannel Hub is an example of this know-how. By creating an integrated e-banking solution, Asseco SEE has made it possible for banking services to be distributed over alternative channels, e.g., mobile. This provides new opportunities for financial institutions to better engage current customers and attract new ones with more personalized services.

Read our Finovate Debut feature of Asseco SEE’s FinovateEurope 2015 partner, Telenor Banka.


See the live demonstration with Asseco SEE and Telenor Banka from FinovateEurope 2015.

Telenor banka Powered by Asseco SEE Presents its Automated Online Handset Loan

Telenor_Asseco_logo_high-res.jpgThis post is part of our live coverage of FinovateEurope 2015.

Finishing up the first session of the day is Telenor banka, which has teamed up with Asseco South Eastern Europe (SEE) to offer their Automated Online Handset Loan.
Telenor banka is the first fully mobile online bank in the SEE region, showcasing a mobile-device loan-offering based on Telco and banking’s big-data analytics. The right offer, at the right time, at the right place: for each customer, it is hassle-free and only a couple of clicks away. The automated process is achieved with the help of Asseco SEE’s ASEBA Multi-channel Hub.
Presenters: Telenor banka’s Chairman, Executive Committee, Martin Navratil; Piotr Jelenski, group president of the management board, Asseco SEE; and Telenor banka’s Marketing Director Mario Carevic
 
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Product launch: Q3/Q4 2015
Product distribution strategy: Direct to Consumer (B2C), Direct to Business (B2B), through financial institutions
HQ: Telenor banka is based in Belgrade, Serbia; Asseco SEE, Warsaw, Poland
Metrics: Telenor banka has 130 employees, is part of Telenor Group with 179 million users, is present in 13 markets. Asseco SEE has 1,400 employees, is present in 13 countries and is listed on WSE.
Twitter: @Telenorbanka and @Asseco_See

FinovateEurope 2015 Sneak Peek: Part 5

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The 70+ presenters that will showcase their new tech on stage at FinovateEurope in two weeks are now unveiled. To take a closer look at the presenting companies, we’re continuing our Sneak Peek series. Today, we’re featuring Financial Media Solutions, Fiserv, Intelligent Environments, mBank & i3D, Pirean, and Telenor banka & Asseco SEE.

FEUAuditorumCropped.jpgDon’t miss our other Sneak Peeks, available here:



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Financial Media Solutions’ MAPPS simplifies Videographics, making it possible to create financial content in digestible bite size video formats for broadcast to any device, including smartphones.

Features

    • Makes Videographics easy
    • Empowers institutional users to convey financial concepts in concise video formats
    • Rapidly broadcasts dynamic content to any client device, including smartphones

Why it’s great
Communicating client content by video is the future. MAPPS resolves the challenge of how institutions better engage clients in financial concepts, even via their smartphone.

Presenters

Ian Park, Owner Director & CEO
LinkedIn   

Christopher Thomas, Marketing Director
LinkedIn  



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Fiserv is one of FORTUNE magazine’s World’s Most Admired Companies and will demonstrate next generation digital banking interactions.

Features

    • Focuses on a truly integrated payments user experience
    • Allows customers to manage their spending habits and banking products
    • Visually stimulates consumers using augmented reality technology

Why it’s great
This innovation is geared towards the consumer and will allow greater control and transparency over their spending and banking habits.

Presenters

Jonathan Atkinson, Market Development, Digital Channels and Payments
Atkinson is a Sales Executive in Digital Channels and Payments team at Fiserv, Inc., focused on new clients across EMEA, with previous experience in core banking and CRM.
LinkedIn

David Abbott, Payments Lead, EMEA
Abbot has 25 years’ sales, business development experience in payments & eCommerce joined Fiserv’s payments business to support development activities in the EMEA region.
LinkedIn



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Intelligent Environments is an innovative provider of mobile and online solutions for financial service organisations.

Features
Hopes to fight against cybercrime

Why it’s great
IntellEnvironmentPresenter.jpgNo firm is an island – we all have a shared interest in responding to the growing threat against cybercrime.

Presenter

Clayton Locke, CTO
Clayton Locke is a keen sailor. He is hoping for calm waters come Finovate!
LinkedIn



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mBank, financial sector innovator & i3D, world-class provider of high-tech virtual reality solutions, developed an ultra-modern interactive digital bank branch.

Features

    • Digital wall with unlimited touch points and innovative UI/UX
    • Proximity-motion-sensing and face recognition technologies for dynamic content adjustment
    • Integration with sales support systems

Why it’s great
mBankpresenter1.jpgmBank & i3D dare to challenge the traditional notion of physical bank branches with ultra-modern multi-touch screens, motion-sensing and face recognition technologies.

Presenters

Jacek Iljin, Managing Director Sales & Processes, mBank 
LinkedIn

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Marcin Wiśniewski, Sales & Marketing Director, i3D
LinkedIn



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Pirean enables organisations to provide secure, people-focused access for employees, customers, and partners across on-premise and cloud-based applications.

Features

    • Reduces lead-time to value for application access
    • Provides secure self-service capabilities for users
    • Introduces a single point of control and audit for all access management

Why it’s great
Pirean’s Access: One is an Identity and Access Management solution designed to provide a first class user experience anytime, anywhere.

Presenters

Rob Macgregor, Pirean’s Principal Consultant and Access: One’s Product Manager

Rob Blowers, Pirean’s Development Team Lead



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With Telenor banka & Asseco South Eastern Europe, banking goes mobile – changing customer experience and reshaping banking products & services to fit mobile, brought by Telenor banka in synergy with Telco, powered by Asseco SEE multichannel solutions.

Features

    • Big data processing enabling relevant offer at relevant moment and place
    • Superb customer journey supported by straight-through processing and full automation
    • Utilization of synergy

Why it’s great
IT is a fully automated and personalized online handset loan enabled by Telenor banka and Telenor, powered by Asseco SEE.

TelenorBankaPresenter1.jpg

Presenters

Martin Navratil, Chairman of the Executive Committee at Telenor banka
Managing Director of Telenor banka responsible for the design and implementation of the bank’s strategy, having great experience in Telco and Finance sector.
LinkedIn

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Piotr Jeleński, Group President of the Management Board of Asseco SEE
Executive manager with experience in running and establishing new business in Poland, SEE region and Turkey. Managing international structure with over 1,400 people in 12 countries.

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Marko Carevic, Marketing Director at Telenor Banka
Started his career in Telenor, initiated Telenor M&A initiative in financial services, currently responsible for entire customer value chain and go-to-market process.
LinkedIn


We’ll feature six more companies later this week. To see them all demo live, get your ticket to FinovateEurope 2015.