Finovate Alumni News

On Finovate.com

  • AI Foundry Launches New Automation, Mortgagetech Solutions.
  • Video Conferencing Specialist 24sessions Scores $1.1 Million.
  • Voleo and Nasdaq Launch Second Student Equity Trading Contest.
  • Figo to Merge with Finreach Solutions.

Around the web

  • Modo launches its /Checkout solution to make payments easier for ecommerce merchants.
  • Al Taif Islamic Bank to deploy Sharia-compliant, core banking technology from Finastra, Fusion Islamic.
  • First State Community Bank picks ProfitStars’ Commercial Lending Center Suite.
  • CardFlight adds invoicing functionality to its SwipeSimple solution.

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

  • UK-based GBG Acquires IDology in $300 Million All-Cash Deal.
  • NetGuardians Teams Up with Swiss Wealthtech Pictet to Fight Fraud.
  • Finastra Brings its Core Banking Technology to Saudi Arabia.

Around the web

  • BBVA unveils first blockchain-supported structured green bond.
  • Strands introduces Engager 2.0, the newest edition of its AI and machine learning powered financial insights generator.
  • Avaloq’s banking suite goes live with the Austrian division of international private banking and asset management group, LGT.
  • IKO, the mobile app co-developed by Braintri for PKO Bank Polski, wins first place in worldwide ranking of mobile apps published by British Retail Banker International for second consecutive year.
  • Baker Hill earns nomination for The Best Tech in Indiana in TechPoint’s 20th annual Mira Awards.
  • CardFlight’s SwipeSimple now enables more than 50,000 merchants across all 50 states of the U.S.

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

  • Enveil, Unbound Tech Bring Data Security Triad to the Enterprise.

Around the web

  • CardFlight teams up with JetPay to give U.S. SMEs broader payment acceptance options.
  • Bahrain-based third-party PSP, SINNAD, launches a new processing platform built on Compass Plus’ TranzWare and TranzAxis.
  • Accenture to acquire management consultancy and technology services provider, Orbium.
  • BankBazaar adds business cards to its online marketplace for financial products courtesy of a partnership with Yes Bank.

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

  • GreatHorn Unveils Comprehensive Email Security Solution for the Enterprise.

Around the web

  • UrbanFT Co-Founder Mark Kilpatrick named to Forbes’ 30 Under 30.
  • Entrust Datacard IntelliTrust Cloud Service strengthens authentication for Microsoft Azure customers.
  • NIIT Technologies partners with R3 to build solutions on the Corda Platform.
  • CardFlight earns top 50 ranking in the 2018 Deloitte Fast 500 roster.

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.

CardFlight Aligns with Payscape to Expand Merchant Base

Payment tech company CardFlight formed a partnership this week that will help boost its client base. The New York-based company has formed a distribution partnership with small business software provider and payment technology company Payscape.

Aimed at serving small-to-medium-sized businesses, Payscape will offer CardFlight’s SwipeSimple payment acceptance technology and business management tools to its clients as a part of its Payscape Mobile product offering. Payscape Mobile is a holistic product offering that provides merchants advanced payment acceptance technology, leading security, and management tools.

A handful of new capabilities will be available to Payscape Mobile users via SwipeSimple. Additions include mobile point of sale and Bluetooth LE credit card readers that are EMV and magstripe compatible, customer subscription and installment plan technology, address verification for card not present payments, and an analytics, inventory, and business tools dashboard for merchants.

“At Payscape, our goal is to help businesses grow by equipping them with superior products and services,” Said Adam Bloomston, CEO and co-founder of Payscape. “We’re happy to partner with CardFlight because their product aligns with our goal and allows us to provide the best solutions to our customers and give them everyday advantages in managing their businesses and accepting payments.”

Payscape is the latest of CardFlight’s reseller clients, which together have distributed CardFlight technology to more than 45,000 merchants across the U.S. Other resellers include TSYS, Worldpay, and First Data.

Founded in 2013, CardFlight serves 10 of the top 30 merchant acquirers in the U.S., reaching tens of thousands of merchants across all 50 states. The company debuted its technology at FinovateSpring 2013, showing off the first iteration of its API/SDK. Last month, CardFlight launched SwipeSimple Customers to help merchants build customer databases and manage card data. Earlier this year, the company added paper receipt printing capabilities and enhanced its security.

Finovate Alumni News

On Finovate.com

  • CardFlight Aligns with Payscape to Expand Merchant Base.

Around the web

  • PaySimple announces latest payment integration with MarketSharp’s CRM software.
  • Equifax selects Experian to provide customers free credit monitoring through its TrustedID Premier service.
  • QuotePro and Fiserv partner to speed credit for cash payments at self-service kiosks.
  • Singapore-based WeInvest expands to UAE.
  • PYMNTS: OnDeck loan origination volume increased double digits YoY and sequentially, the volume up 22% from the 2017 third quarter
  • Mitek appoints Max Carnecchia as CEO.

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.

CardFlight Launches SwipeSimple Customers to Support Card Data Management

Merchants using CardFlight’s payment acceptance solution, SwipeSimple, now have an easy way to build customer databases and manage card data on file: SwipeSimple Customers.

CardFlight CEO and founder Derek Webster said the technology “reflects our team’s commitment to provide the right payment acceptance tools for an even broader range of merchants.” SwipeSimple Customers is available via both online dashboard and mobile app, and will give merchants the ability to schedule payments – including installments and subscriptions – store credit card data on file, and charge customers using that stored card on file.

John Shipley, SVP of Operations at Clearant, called the new solution “a way for us to offer even more value to existing users.” Shipley, whose firm has been a multi-year partner of CardFlight, praised the company as one that “always deliver(s) a winning product that just works.”

The release of SwipeSimple Customers follows the launch of SwipeSimple 5.0 last month, which provided features including the ability to pair cash drawers and receipt printers and a SwipeSimple Virtual Terminal with full Address Verification Service support for card not present transactions.

Founded in 2013, CardFlight demonstrated its payments acceptance technology, mobile payment infrastructure, and API/SDK at FinovateSpring 2013. The company includes 10 of the top 30 merchant acquirers in the U.S. among its clients, and more than 45,000 merchants in all 50 states use CardFlight’s solutions. CardFlight was recognized by Inc. Magazine as one of the top 500 fastest growing companies in the U.S., and the fifth fastest growing company in the financial sector.

Finovate Alumni News

On Finovate.com

  • CardFlight Launches SwipeSimple Customers to Support Card Data Management.
  • Roostify Teams Up with Ellie Mae to Boost Efficiency in Mortgage Lending.

Around the web

  • Experian and Close Brothers Retail Finance pilot Mobile for Credit service for U.K. gamers.
  • New Penn Financial goes live with Portfolio Underwriter from Loan Scorecard.
  • PasswordPing earns finalist spot in 2018 “Innovation Quotient” IQ Awards.
  • Ukraine’s Akhmetov Bank leverages Corezoid’s cloud-based operating system.
  • ebankIT and Enterprise Engineering forge strategic partnership for the North American market.
  • Bambu, Eltropy, Moxtra, and Onfido are among the startups selected for Plug and Play Singapore’s inaugural fintech and insurtech program.
  • TECHdotMN profiles Sezzle founder and CEO, Charlie Youakim.
  • Forbes Middle East highlights Ayasdi and ThetaRay in look at how AI is helping solve financial crime.

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.

CardFlight’s New Release Adds Paper Receipt Printing, Advanced Security, and More

Mobile POS and payment technology company CardFlight has upgraded its flagship SwipeSimple technology, announcing version 5 of the product this week.

The new enhancements, which will be available to existing users starting next week, are aimed to offer merchants more payment acceptance capabilities. Some of the updates include:

  • Paper receipt printing
  • Discount options that allow merchants to set up dollar or percentage discounts that can be applied to either specific items or an entire transaction
  • Item categories for inventory tracking and marketing insights
  • Favorites pages on the checkout screen that show frequently used discounts and popular items
  • Item images on the checkout screen to help quickly find items for a transaction
  • SwipeSimple Virtual Terminal that helps reduce fraud using full Address Verification Service (AVS) for card not present transactions

This release comes just after CardFlight updated thousands of card readers for more than 45,000 merchants currently using SwipeSimple to enable EMV Quick Chip for faster processing times.

“At CardFlight, we continually work to make SwipeSimple the best payment acceptance technology for merchants all across the country,” said Derek Webster, CardFlight’s founder and CEO. “We know that tens of thousands of businesses rely on our technology to run and grow their businesses. Releasing Version 5.0 of SwipeSimple demonstrates our team’s dedication to putting easy to use, efficient payment acceptance tools in the hands of our users.”

Founded in 2013, CardFlight serves 10 of the top 30 merchant acquirers in the U.S., reaching tens of thousands of merchants across all 50 states. To date, more than 93% of its merchant clients are EMV-enabled. The New York-based company debuted its technology at FinovateSpring 2013, showing off the first iteration of its API/SDK. Earlier this summer, CardFlight landed a distribution partnership with BoomTown.

Finovate Alumni News

On Finovate.com

  • Finicity Teams Up with Capsilon to Modernize Mortgage Origination.
  • CardFlight’s New Release Adds Paper Receipt Printing, Advanced Security, and More.

Around the web

  • iSignthis acquires core banking technology provider Probanx.
  • Entersekt taps Christian Ali as new country manager for Canada.
  • Jack Henry & Associates’ ProfitStars division unveils new online, anti-fraud monitoring and reporting technology.
  • Chris Savides named new global Chief Operating Officer at TransferTo.
  • Cortera announces partnership with Moody’s Analytics in new RiskCalc SMB solution.
  • PayNearMe powering Buildium’s Retail Cash Payments, a feature that allows residents to pay rent in cash.
  • Lendio Franchising has helped facilitate $16 million in financing to 500+ SMBs and reports a 111% percent increase in loans funded quarter over quarter.
  • Persado announces Persado for Salesforce on Salesforce AppExchange.

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.