Finovate Alumni News — March 25, 2014

  • Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Finovate-F-Logo.jpgEleven Finovate alums win awards at PYMNTS Innovation Project 2014.
  • Bazaarvoice announces partnership with Spredfast.
  • TechCrunch: Wealthfront, OnDeck, Lending Club, Credit Karma, Betterment, and Kapitall “come of age.”
  • CMS Wire reviews Backbase’s customer experience platform.
  • Top Image Systems’ eFLOW to process the digital census of a country in EMEA in a deal worth more than $1 million.
  • Place2Give releases GIVE-API to provide access to its database of charities as well as its payment processing tech.
  • SmartAsset raises $5.2 million in series A funding. Come see their live demo at FinovateSpring next month in San Jose.
  • Netherlands Queen Maxima visits Entrepreneurial Finance Lab (EFL) to see its psychometric credit scoring methodology in action.
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.

FinovateEurope 2014: FinTech on Film

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Your plan to binge watch “House of Cards” just got a little more complicated.

The videos from FinovateEurope 2014 are now available in our Video Archive section. Two full days of demos. 67 presentations. More than 470 minutes of fintech innovation. No gorilla suits or no-look, laptop tosses this time around. But the two-day event did feature an entertaining performance by a precocious young investor, a pair of innovators in motorcycle helmets, and a Russian supermodel.

And if all that doesn’t whet your appetite, here’s a look at the demo videos from the nine companies awarded Best of Show honors this year. Click the image to go to the video page.

Enjoy!

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Momentum

Backbase’s Mobile Account Origination Module Creates a Seamless Mobile Enrollment Experience

This post is part of our live coverage of FinovateEurope 2014.

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Next, Backbase demonstrated how it will cut back office processing time with its new mobile account origination and enrollment module:
“We are launching our new mobile origination and enrollment module at FinovateEurope 2014. With the strong mobile capabilities of the Backbase Platform and the growing digital marketing capabilities, we are now including an out-of-the-box tool for seamless mobile enrollment experiences.
The new key features are:
    • Complete mobile application development capabilities within Backbase
    • Out-of-the-box enrollment and origination capabilities to support the online application process including camera facilitated image matching for insurance claims and digital image ID authentication using driving licenses for example – all linked with the FI’s back-end system (STP), with campaign analytics to track and monitor the campaign’s results”
Presenting Jouk Pleiter (CEO & Co-Founder) and Jelmer de Jong (Global Head of Marketing)

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Product Launch: February 2014
Metrics: Privately funded, 150+ employees, offices in New York, Amsterdam, London, Singapore, and Moscow
Product distribution strategy: Through financial institutions, licensed 
HQ: Amsterdam, Netherlands
Founded: April 2003
Website: backbase.com 
Twitter: @backbase

Finovate Alumni News– February 5, 2014

  • Finovate-F-Logo.jpgKabbage expands platform to serve all SMBs: online, brick-and-mortar, and services businesses.
  • Spend Matters interviews Taulia’s Markus Ament on its discounting philosophy, e-invoicing, and ERP.
  • Gartner recognizes Backbase CXP as being at the forefront of UX design and mobile development support.
  • Washington Federal picks Fiserv’s DNA account processing platform.
  • Digital Mailer adds eight new financial institutions to its My Virtual Strongbox service.
  • Experian launches real-time data sharing service for UK credit providers.
  • Genesis Financial chooses ACI Worldwide to power multichannel call center and eLockbox payment options.
  • LegacyTexas Bank of Plano to work with Digital Insight to deploy online and mobile banking solutions. See Digital Insight demo at FinovateEurope next week.
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 — January 22, 2014

  • Thumbnail image for Finovate-F-Logo.jpgPayoneer announces partnership with Quantum Solutions.
  • MasterCard card payments coming to Singapore transit courtesy of collaboration with Transit Link Pte Ltd.
  • Backbase releases Backbase CXP 5.5 with added mobile and WCM features.
  • FIS names new CIO: Ido Gileadi.
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 — January 14, 2014

  • ACI Worldwide announces its point to point encryption (P2PE) solutions now supported by VeriFone, Ingenico, and Equinox.
  • New contract with Advanced Network helps Better ATM Services grow its reseller network.
  • Netbanker reports: Moven Offers Free Ride, but Only to New Uber Customers.
  • Industry analyst Ovum names Backbase a Market Leader for next generation digital banking platforms.
  • Linkable Networks partners with marketing content publishers to form The Linkable Network, its new card-linked shopper marketing network.
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– November 25, 2013

  • Finovate-F-Logo.jpgAtos to become preferred partner for one of the largest Islamic banks in the world for their solution based Backbase.
  • Yseop Artificial Intelligence Software honored as French National Champion for European Business Awards.
  • Moven, Meniga, GoBank, mBank, MoneyDesktop, BBVA Compass, and CaixaBank make Marous’ “Digital Banking Nirvana”.
  • American Banker review of new research on e-statement adoption notes role of Check and GMC Software Technology.
  • Charitable givers now able to use Square Cash to donate via Bright Funds.
  • ACI Worldwide extends ATM-powering relationship with VocaLink to 2021.
  • MasterCard now accepted for ATM cash withdrawals at Myanmar’s Ayeyarwady Bank Ltd.
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.

Backbase Debuts Social Media Capabilities of Bank 2.0 Portal

This post is part of our live coverage of FinovateAsia 2013.

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Next, Backbase launched the social media capabilities of its Bank 2.0 Portal:
“We are launching the all-new social media capabilities of our Backbase Bank 2.0 Portal. With the new social media features, it is possible to integrate directly with social networks such as Facebook, bring deeply integrated social capabilities to the bank’s secure internet banking platform and push the bank’s internet banking platform as an app to Facebook.
The new key features include Social Login, the ability to use social information to target users within the internet banking platform, or to retarget across platforms, the power to employ Friends’ information and behavior to promote special offers (10 of your friends also have this credit card, apply now!), and the functionality to create and manage Facebook apps directly from the Backbase Portal Manager.”

Presenting Edwin Koh (GM, APAC) and 

Jelmer de Jong (Global Head of Marketing)

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Product Launch: October 2013
Metrics: Privately funded, 150+ employees, offices in New York, Amsterdam, London, and Singapore
Product distribution strategy: Through financial institutions & licensed
HQ: Amsterdam, The Netherlands
Founded: April 2003
Website: backbase.com
Twitter: @backbase

Finovate Alumni News– November 8, 2013

  • Finovate-F-Logo.jpgadesso to sell & implement Backbase’s Customer Experience Platform in Germany, Austria & Switzerland.
  • ValidSoft announces appointment of Paul Burmester as CEO. Pat Carroll to assume role of Executive Chairman.
  • Fidor Bank expanding into Russia through a joint venture Life.Sreda.
  • Numbrs, Kofax make American Banker’s “Top 10 FinTech Companies to Watch” roster.
  • Intuit announces partnership with American Express to support receipt data integration to QuickBooks.
  • La Caixa launches social network for its investors, StockTactics.
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.

FinovateAsia 2013 Demo Companies Bring Global Innovation to Singapore

FinovateAsia is typically our most globally diverse show, and this year is no different. Two weeks from now, we will showcase 37 demos from companies spanning the globe that are innovating in everything from remittance to small business tools to back office solutions and much more. 

Given that diversity, we thought it would be fun put together a map showing the geographic spread of the demoing companies that will take the stage (click the map to enlarge).

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Here’s the breakdown of the number of companies from each region:

  • Asia: 12
  • Europe: 11
  • North America: 9
  • Africa: 1
  • Oceania: 2
  • Middle East: 2

To refresh your memory, the list of the companies that we’ve hand-picked to show off their new technology at the Max Atria @ Singapore Expo on November 14, include:

  • Advanced Merchant Payments
  • App Annie
  • Arkalogic
  • ArthaYantra
  • Backbase
  • BehavioSec
  • BlueKite
  • BRIDGEi2i
  • CustomerXPs Software
  • DragonWealth
  • GMC Software Technologies
  • i-exceed
  • IND Group
  • Intuition Intelligence
  • KlickEx
  • Kofax
  • LifePAD
  • Luminous
  • Mambu
  • Matchi
  • Mistral Mobile
  • Mobexo
  • Mobino
  • Pangea
  • Payoneer
  • Pixeliris
  • Red Zebra
  • SaaS Markets
  • Serverside
  • Smart Engine
  • TIBCO
  • Tootpay
  • TradeNet
  • TSYS
  • White Label Personal Clouds
  • Yodlee

To see live demos of the new technology, meet the entrepreneurs responsible, and network with others in the industry, get your ticket to FinovateAsia here. If you have questions about the show, check out who is attending or email asia@finovate.com.

Showing Our Age: A Look at FinovateAsia 2013 Demo Company Launch Timeline

At Finovate, we’ve seen how great innovation comes from companies of all ages. All we have to do is look at the Best of Show winners from FinovateAsia 2012. The founding dates of the winners ranged from 1858 (NAB, the parent company of UBank) to 2012 (SocietyOne).

We don’t know who will win Best of Show at FinovateAsia in Singapore this year, but looking at the launch date of the 37 companies taking the stage November 14, we found a 28-year spread. 

Here they are in reverse chronological order with funding amounts, if disclosed:

2013- 2012
  • BlueKite: 2013
    Total Funding: $1.5 million Seed funding
2011-2008
  • KlickEx: 2011
    Total Funding: $1.3 million
  • Mambu: 2011
    Total Funding: $2 million Series A

2007 or earlier
  • Yodlee: 1999
    Total Funding: $124 million
  • BehavioSec: 1998
    Total Funding: $2 million (€1.5 million)
  • Kofax: 1985
    Public LON: KFX

To learn more about each of these companies, check them out here and come see their live demos in Singapore on November 14.

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All numbers and funding information sourced from Crunchbase.com

Finovate Alumni News– October 10, 2013

  • Finovate-F-Logo.jpgBackbase on Track to Expand into UK Market. 
  • Arroweye Solutions launches EMV On-Demand.
  • ICBA Mortgage extends its agreement with D+H Mortgagebot.
  • InComm partners with Jackson Hewitt Tax Service to unveil new GPR card.
  • Digital Insight working with Delta Community CU to offer members digital banking services and solutions.
  • Guardian Analytics announces FraudMAP Connect, real-time collaboration platform & fraud intelligence community.
  • Cachet Financial Solutions launches new mobile money management application and platform, Select Mobile Money.
  • Equifax enhances underwriting decisions for lenders and businesses with release of advanced decisioning attributes.
  • Simple announces new MoneyDrop, instant P2P $$ transfer technology.
  • OnDeck ranked #20 in SellingPower Magazine’s 50 Best Companies to Sell For List.
  • Ven partners ValidSoft to secure virtual currency transactions.
  • SecondMarket CEO explains latest Bitcoin move.
  • Tyfone powers P2P m-payments in BVCU m-banking platform.
  • MasterCard joins Fast IDentity Online (FIDO) Alliance in support of innovation in online authentication.
  • Inaugural issue of FIS’s digital magazine FIS InMotion now available.
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.