Finovate Alumni News

On Finovate.com

  • Vipera Acquires SoftTelecom for $1.5 Million
  • FutureVault Appoints John D. Orr as New CEO.
  • Handle Financial’s PayNearMe Partners with Blackhawk Network.

Around the web

  • CrowdFlower earns Gartner “Cool Vendor” status for Information Innovation and Governance.
  • Braintree surpasses one billion transactions per quarter milestone.
  • Infosys wins three out of seven Catalyst Awards at TM forum Live.
  • Baidu and PayPal announce strategic partnership.
  • International Air Transport Association chooses fraud prevention technology from Featurespace.
  • Top Image Systems announces eFlow AP 5.2 integration with SAP S/4HANA.
  • Wipro and Compuware partner to launch mainframe center of excellence.
  • Agreement Express ranked among top 100 technology companies in British Columbia by Business in Vancouver.
  • SearchUnifiedCommunications features Bluescape in its look at use cases for digital collaborative whiteboards.
  • Pendo Systems announces trio of new hires to support a “banner year” for the company.
  • Central Bankshares now uses Jack Henry’s Banno for online banking.
  • UN Migration Agency Selects Kony to Accelerate Digital Strategy to Reach More Migrants.

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

  • Vera Announces $15 Million Strategic Investment from Hasso Plattner.
  • Digiliti Money Celebrates Rebrand by Ringing NASDAQ Closing Bell.

Around the web

  • San Francisco Business Times names Blackhawk Network CEO and President, Talbott Roche, an Inspire Award recipient.
  • Baker Hill NextGen to power business intelligence for iQ Credit Union.
  • CrossFirst Bank to leverage nCino’s cloud banking technology.
  • Geezeo launches digital reputation management solution.
  • Kensho launches open source Python package aims to make app configuration easier.
  • Empyr introduces CPR: Cost-Per-Revenue O2O Performance Marketing.
  • Thomson Reuters and S&P Global enter strategic transcript data agreement.
  • Overbond adds swap pricing calculator to its corporate bond intelligence suite.
  • FinovateSpring Best of Show winner Neener Analytics earns finalist spot in Citi Tech for Integrity Challenge.

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

  • Meniga Scores $8 Million to Help Banks Leverage their Data.

Around the web

  • Visa Checkout achieves 20 million enrolled accounts milestone.
  • Kreditech adds two new independent board members.
  • Tradeshift unveils major platform update, Magellan 1.
  • Kofax launches cloud-based document capture and invoicing solution, ReadSoft Online R9.
  • Mitek announces reaching $1 trillion deposit milestone for its Mobile Deposit solution.
  • OutSystems picks up SOC 2 Type 1 attestation report affirming quality of company’s internal controls and processes. Check out the company’s presentation from FinDEVr  2017 New York.
  • NIBC Direct partners with AdviceRobo to help it pro-actively flag mortgage clients that could fall into default.
  • Blackhawk Network Launches Website for Reward Prepaid Cards in Canada

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

  • Finovate Alums Populate RegTech Top 100 Power List.

Around the web

  • Moven announces five-year extension of partnership with TD Bank.
  • PyraMax Bank selects DNA account processing platform from Fiserv. Visit our FinDEVr video archives soon to see Fiserv’s presentation this month from FinDEVr 2017 New York.
  • BBVA and SecureKey among the latest companies to join Hyperledger.
  • E-commerce services from Vantiv achieve Oracle Validate Integration. Video of Vantiv’s FinDEVr 2017 New York presentation will be available soon.
  • Netverify from Jumio to validate customer drivers licenses for mobility app, Free2Move. See Jumio at FinovateSpring 2017 next month.
  • Forrester recognizes FinDEVr newcomer Outsystems as a leader in low-code development platforms. Check back soon for video of Outsystems’ FinDEVr presentation from last week.
  • Trulioo expands coverage to Republic of Korea.
  • DAVO Technologies reaches 1,000-customer milestone for its sales tax platform.
  • Blackhawk Network rebrands incentives division as Hawk Incentives.

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

  • Where is Banking Prime?
  • Currencycloud Collects $25 Million in New Funding.

Around the web

  • Blackhawk Network launches same-day rebate reward fulfillment.
  • BancVue’s John Waupsh discusses book, Bankruption, on this BankNXT podcast.
  • Idea Bank’s Tax Care accounting network builds bookkeeping app for Uber drivers.
  • Urban FT offers users faster prepaid wireless service top-ups via partnership with T-Cetra.
  • BBVA Compass unveils BBVA Momentum, a seven-month accelerator for socially-minded entrepreneurs.

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

  • New Robo Fund from LendingRobot Leverages Automation and the Blockchain.
  • Insuritas’ Growth Scales with the Popularity of Insurtech.
  • Wipro Agrees to Acquire InfoSERVER for $8.7 Million

Around the web

  • G2Crowd lists eSignLive as the top eSignature product for mid-market. Come see eSignLive’s demo at FinovateEurope Feb 7 & 8.
  • Blackhawk Network’s customer experience insights featured in Loyalty360.
  • Misys to offer peer lending technology to help banks compete with P2P startups.
  • Thomson Reuters introduces new end-to-end, compliance dashboard, Regulatory Change Management.
  • IBM Security announces plan to acquire business data risk management specialist, Agile 3 Solutions.

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

Around the web

  • FlashFX to leverage Ripple for its new foreign-exchange payments-solution in Australia, using XRP for liquidity.
  • Blackhawk Network launches HawkCommerce.com B2B and B2C solution for expanding, distributing and managing gift cards and egifts.
  • Philippe Gélis, Kantox CEO and cofounder, and Alexandre Gaillard, InvestGlass CEO and founder, are listed among 10 French Influencers who “rock the global fintech scene.”
  • Luxoft named a Top 15 Outsourcing Service Provider by ISG.
  • Compass Plus updates TranzWare remote banking products.
  • Prosper to launch seventh generation of credit model, switches from Experian to TransUnion.
  • InComm partners with Wakefern Food Corp. to expand gift card programs.

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: BondIT Helps Relationship Managers Focus on the Relationship”
  • “Finicity Scores $42 Million Series B in Round Led by Experian
  • “Credit Karma Launches Free Tax Filing Service”

Around the web

  • Vasco to power multifactor authentication for BankMobile.
  • Engadget interviews Bo Lu, CEO of FutureAdvisor.
  • Micronotes launches Enterprise 4.0 platform that helps convert digital banking traffic into personal conversations and sales.
  • FIS establishes partner network for early-stage fintech companies.
  • Let’s Talk Payments interviews Stuart Lacey, Trunomi CEO and founder.
  • Blackhawk Network to integrate gift cards, loyalty, and rewards into Apple Pay.

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: Bluescape Helps Banks Create Products from Napkin Sketches”
  • “Tradeshift Earns Undisclosed Investment from Santander”

Around the web

  • Fenergo rises 25 places in global Chartis Research’s RiskTech100 rankings.
  • Blackhawk Network partners with Apple to offer ApplePay rewards.
  • The Australian reports: OurCrowd goes on start-up funds-drive.
  • SafetyPay and VTEX sign a global agreement for electronic commerce.
  • Expensify selected as preferred expense-management solution by the AICPA and CPA.com.
  • Professional Planner quotes SuiteBox CEO Ian Dunbar in discussion on technology and millennials.
  • Top Egyptian retail FI, housing and development bank goes live with Temenos core banking solution.
  • Avanzia Bank and TSYS renew card-processing partnership.

This post will be updated throughout the day as news and developments emerge. Follow our alumni news headlines on the Finovate Twitter account.

Blackhawk Network Acquires Grass Roots for $118 Million

Screen Shot 2016-09-01 at 3.31.12 PM

Prepaid payments network Blackhawk Network scored big yesterday. The California-based company has agreed to acquire Grass Roots, an employee- and customer-engagement solutions company, for $118 million.

This is the company’s eighth acquisition and is expected to help Blackhawk broaden the incentives-and-engagement business it launched in 2014 called Blackhawk Engagement Solutions (BES). BES took shape after Blackhawk acquired incentives-and-rewards companies Parago, InteliSpend, Cardlab, and Incentec. Since then, Blackhawk has bolstered BES by acquiring Achievers, Giftcards.com, and Extrameasures.

Bill Tauscher, executive chairman for Blackhawk, said the acquisition “complements the existing client portfolio” of Blackhawk. Tausher says the company “will also offer new products and capabilities to Grass Roots’ clients.”

While the company has commercial operations in 25+ countries, this acquisition will expand Blackhawk’s geographical reach. U.K.-based Grass Roots has offices in Europe, the Americas, and Asia and will operate as a subsidiary of Blackhawk. The finalization of the transaction is subject to approval by Germany’s Federal Cartel Office.

Founded in 2001, Blackhawk went public in 2013 (NASDAQ: HAWK) and is one of 49 companies listed on the KBW Nasdaq Financial Technology Index. In July 2016, the company launched an ecommerce website for gift cards in Canada, and at FinovateFall 2012, Blackhawk debuted GoWallet, a direct-to-consumer platform that lets users manage all of their gift cards from a central dashboard. In February 2016, the company appointed Talbott Roche as CEO.

Finovate Alumni News

On Finovate.com

  • Blackhawk Network Acquires Grass Roots for $118 Million
  • FutureAdvisor Brings RoboAdvisory to U.S. Bank Wealth Management

Around the web

  • Avoka reports record levels of orders for fiscal 2016. Join Avoka in New York for FinovateFall 2016 next week.
  • Financeit earns spot on the TechVibes’ Fintech Five.
  • Chain CEO Adam Ludwin warns against “blockchain hype” on Fortune.com.
  • Narrative Science teams up with Franklin Templeton Investments to bring Quill technology to their fund commentary process.
  • SmartyPig switches to Sallie Mae Bank to enable partial withdrawals, direct deposit, and to offer a higher interest rate.

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

  • Kantox Marks $100 Million Processed Since Launching API in Beta
  • France’s Groupe BPCE Acquires Munich-based Fidor Bank

On FinDEVr.com

Around the web

  • Check Point Launches Australia and New Zealand Technical Assistance Centre and Incident Response Services.
  • Kyte Consultants partners with Featurespace.
  • USE Federal Credit Union selects Kasasa.
  • Blackhawk Network Launches eCommerce Website for Gift Cards in Canada.
  • Venmo named a Breakthrough Brand on Interbrand’s 2016 report.
  • Betterment for Business Surpasses 200 Plan Sponsors.
  • Payment Data Systems launches iOS payment processing SDK.

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.