Finovate Alumni News

On FinDEVr.com

On Finovate.com

  • Finovate Debuts: ICAR Builds a Digital Identify Profile for Client ID Verification.
  • Spring Forward: FinovateSpring 2016 Alums Top $200 Million in Funding.
  • How Virtual Reality, Big Data, and the Blockchain Are Changing Proptech.

Around the web

  • eWise partners with TSWG to drive digital banking innovation.
  • OutsideIQ partners with SAP Ariba to help corporations quickly screen vendors for risk and regulatory compliance.
  • Featurespace to provide machine learning fraud and risk management solution to CashFlows.
  • Financial Times: Misys close to deal to combine with rival DH Corp.
  • National Bank of Abu Dhabi (NBAD) Egypt launches internet banking courtesy of CR2’s BankWorld Internet platform.
  • FinDEVr alum Capital One joins the chatbot revolution with its new SMS virtual assistant, Eno.

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.

CR2 Unveils New CEO and CFO

CR2 Unveils New CEO and CFO

CR2_homepage_January2017

In what might be the freshest start to a new year for any fintech in 2017, banking software innovator CR2 has announced two major changes at the top. Fintan Byrne, formerly General Manager for Europe with MasterCard Payment Gateway Services, will take the helm as the company’s new Chief Executive Officer. Paul Geraghty, previously CFO at Curam Software for IBM, joins CR2 as Chief Financial Officer.

CR2_FintanByrenCR2 Chairman Kieran Nagle praised both executives’ “strong track records and weighty experience within the financial services and financial technology sector.” In addition to his tenure at Mastercard, Byrne (pictured) previously served as Managing Director, General Manager, Europe; and VP Sales, UK and Ireland for Transaction Network Services. He also spent five years in sales and marketing at NCR. Byrne has degrees from Marist College and University of Limerick, as well as an MBA from the University College Dublin.

“I can see both the strength and potential within (CR2),” Byrne said, “and will focus on developing the business to meet the needs of both existing and new customers as banks look to serve their customers in the digital world.”

Geraghty spent more than 11 years at Curam Software as Financial Controller and Operations Manager before the company was acquired by IBM in 2011. For the past three and a half years as Curam Software’s CFO within IBM, Geraghty was responsible for financial and business strategy, as well as developing analytics resources to help articulate financial performance. Geraghty studied at Dublin Business School and earned advanced degrees from Trinity College, Dublin. In a statement announcing his move to CR2, he pledged to bring a “fresh perspective” to the 20-year old company “as it continues through this exciting time of growth and change.”

Founded in 1997 and headquartered in Dublin, Ireland, CR2 demonstrated its BankWorld Money Voucher at FinovateFall 2014. The company unveiled its next-generation ATM software, BankWorld ATM Client 5 and BankWorld Studio last fall, and announced a number of deployments of its technology including at Botswana Savings Bank and Nigeria’s Diamond Bank. CR2 introduced a new logo and corporate identity almost a year ago last February.

Finovate Alumni News

On Finovate.com

Around the Web

  • Technology from Modo Payments supports new loyalty point POS payment partnership between FIS and Verifone.
  • CurrencyFair unveils new SMS/push notifications feature for deposits and auto transactions.
  • RightCapital enhances platform to make compliance with DOL fiduciary rule easier.
  • FIS earns top honors in Bank Director’s Core Provider and Asia Risk Technology rankings.
  • Marc Thompson joins PaySimple as Chief Financial Officer.
  • Token partners with VirtusaPolaris, information technology consulting and outsourcing company.
  • M1 Finance rolls out retirement account functionality.
  • CUNA Strategic Services partners with Kasasa to provide credit unions with products and services to stay competitive.

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 report from FinovateFall 2016 sponsor AARP explores the Longevity Economy.

Around the web

  • CR2 launches its next generation ATM software, BankWorld ATM Client 5 and BankWorld Studio.
  • RNC Genter Capital Management picks Asset Manager Connect from Fiserv.
  • CardFlight unveils new set of iOS and Android-compatible, Bluetooth-enabled mobile card-readers.
  • Xero teams up with Macquarie Bank to integrate with electronic billpay system, BPAY.
  • Entersekt forges reseller agreement with Blue Bay Technologies.
  • Zopa partners with Pariti to help millennials manage credit card debt.
  • Russell Investments selects Qumram for compliant, digital recording and retention. See Qumram at FinovateFall in New York.

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

  • Signature & Teller: Merchant Bank of Sri Lanka Chooses Fiserv
  • Compass Plus Partners with Mutual Trust Bank

Around the web

  • Botswana Savings bank (BSB) deploys BankWorld ATM from CR2, launches Smooth Visa Debit Card.
  • DataInformed column on operational analytics highlights RAGE Frameworks.
  • Guardian Analytics launches real-time ACH solution to protect against fraud risk created by same-day ACH.
  • Bob Michaud joins Q2 as chief security officer.
  • CIO Review profiles ThetaRay and its CEO, Mark Gazit.
  • CSI teams up with ACI Worldwide to power its card-fraud-protection technology.
  • Kontomatik announces expansion to Portugal, the ninth country where its API is available.
  • FusionBanking Essence from Misys goes live with Myanmar’s Yoma 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

  • Envestnet | Yodlee Forges Strategic Partnership with United Capital
  • Finovate Debuts: Cyberfend’s BotFender Detects Attacks in Real-Time

Around the web

  • TransferWise partners with Raphaels Bank as part of Faster Payments Service integration.
  • Token opens new London office.
  • Trulioo earns top honors for ID verification in 2016 Global RegTech report.
  • Check Point Introduces First Real-Time Zero-Day Protection for Web Browsers
  • P2Binvestor Delivers Biggest Line of Credit Yet at $10 Million
  • CR2 teams up with Diamond Bank to bring next-generation ATM technology to Nigeria.

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

Around the web:

  • ACI Worldwide helps deliver Domino’s secure, seamless payment experience during SuperBowl Sunday.
  • Britain’s One Financial Markets announces partnership with Swipestox to enable mobile trading. See Swipestox at FinovateEurope 2016.
  • Let’s Talk Payments features Sureify and BankBazaar in a look at insurancetech startups.
  • Wipro wins five-year, IT infrastructure transformation contract with Sweden’s ASSA ABLOY Group.
  • Trade Bank of Iraq forges strategic partnership with Misys.
  • CR2 unveils new logo, new corporate identity.
  • The Telegraph highlights Yoyo, Nutmeg, and True Potential in a column on calculating risk with facial scans.

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 Debuts: DriveWealth Brings U.S. Stocks to Overseas Investors”
  • “FinovateEurope 2016 Presenting Companies Announced
  • “Personal Capital Lowers Investment Minimum from $100,000 to $25,000″

Around the web

  • Intuit teams up with Kiva to provide small business financing via QuickBooks financing platform.
  • National Bank of Abu Dhabi, (Nbad) Egypt, to deploy BankWorld from CR2.
  • Xero announces new partnerships with Bigcommerce and KPMG.
  • Open Bank Project partners with Ulster Bank to organize Hack Make the Bank, Jan 29 thru 31, 2016.
  • CIBC and Thinking Capital partner to expand SMB lending in Canada.
  • Entrust Datacard releases Datacard MX Series Laser 350 that provides new personalization features.
  • CardFlight announces EMV approval and certifications via TSYS for mPOS solution.
  • Taulia joins the OFS portal community.
  • Fidelity Charitable partners with Coinbase to allow people to contribute bitcoin to their donor-advised funds.

This post will be updated throughout the day as news and developments emerge. You can also follow all alumni news headlines on the Finovate Twitter account.

Finovate Alumni News

Around the web

  • MoneyRates column on robo-advisers features Chris Costello, Blooom CEO.
  • Finance Magnates spotlights Nuno Sebastio of Feedzai on EMV in the U.S.
  • Digital Retail Apps to showcase SelfPay at the Visa Innovation Center at One Market in San Francisco.
  • Alt-Fi News interviews Renaud Laplanche, CEO and founder of Lending Club.
  • Prosper passes $5 billion in loans originated on its platform.
  • German development bank, KfW to deploy EDM technology from Markit. Join Markit in San Francisco for FinDEVr 2015.
  • CR2 and Ameriabank partner to bring BankWorld omnichannel banking platform to Armenia.
  • Digital Insight adds automated account-switching solution, ClickSWITCH.
  • EVO Payments, parent of EVO Snap*, inks U.K. market reseller-partnership deal with Handepay. See EVO Snap* at FinDEVr 2015 in San Francisco.
  • Xero chosen as business ‘Platform of the Year’ at Internet Marketing Association’s IMPACT15 Conference.

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

  • “T. Rowe Price, Fidelity Lead $130 Million Investment in Twilio
  • “i-exceed Unveils Appzillon 3.1 with Enhanced Security, UX”
  • “Radius Raises $50 Million in Round Led by Founders Fund”

Around the web

  • Daily Fintech profiles financial analysis platform, Thinknum.
  • Patch of Land adds commercial real estate to its crowdfunding platform.
  • CR2 appoints Tammo van Leeuwen as market strategy director.
  • NerdWallet looks at Wealthfront, Betterment, FutureAdvisor, Personal Capital, and Vanguard in feature on how automation disrupts investing.
  • Dough Roller features FutureAdvisor as a free service to manage your child’s college fund.
  • Battery Ventures, a tech-focused investment firm, has agreed to acquire Physical Security Business Unit, part of the security division of NICE Systems in a deal valued up to $100 million.

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

  • AlwaysOn’s OnFinance Top 100 Features 30 Finovate Alums
  • SaveUp Purchased by Chicago-Area Entrepreneur Paul J. Burt

Around the Web

  • Turk Ekonomi Bankasi (TEB) launches digital banking service developed by Monitise.
  • Dragon Wealth earns spot in Startupbootcamp FinTEch’s inaugural Singapore program.
  • Ayeyarwady Bank (AYA Bank) to deploy Bankworld ATM platform from CR2.
  • Virtual Piggy hires Viant Capital to provide financial advice on strategic options.
  • MasterCard presents its PFM “in-reach” benefits-platform to help issuers engage millennials.
  • iQuantifi teams up with MTSU Jones College of Business to produce inaugural Millennial Money Mindset Survey.
  • Motif updates its iPhone app to enable search-and-browse capability of motif catalogues directly from the app.
  • FreeAgent launches first iOS app to help manage invoices and expenses on the go.
  • PYMNTS features predictions from Blackhawk Network, Bluefin Payments, CashStar, Experian, FIS, Fiserv, and SimplyTapp.
  • Xero Denver named Top Workplace by Denver Post.
  • American Banker examines how Malauzai is helping small banks get a head start on Apple Watch.
  • PayPal confirms bitcoin acceptance option in SEC filing.

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.

CR2 Demoes BankWorld Money Voucher’s Cash Send App

CR2 Demoes BankWorld Money Voucher’s Cash Send App
CR2Logo_FF2014

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

Our next presenter is CR2, demoing the Cash Send application of its BankWorld Money Voucher platform.

“CR2 is demonstrating the BankWorld Cash Send application at Finovate. Cash Send is a truly omnichannel product recently deployed. It allows people to instantly send cash to any individual from a mobile app; this cash is instantly dispensed from an ATM without the recipient needing an ATM card or indeed a bank account of any type. It significantly lowers the cost of remitting funds to any individuals outside of the classic banking system.”
Presenting: Kieran Kilcullen (Director, Sales & Marketing) & Patrick Simons (Principal Consultant)
CR2Homepage_LiveBlog
Product Launch: 2013
Metrics: Over 100 banks in 60 countries have adopted CR2’s solutions. CR2 has a network of well-established offices strategically located in 6 countries: Ireland, Australia, India, South Africa, UAE, and Jordan.
Product distribution strategy: Direct to Business (B2B), licensed
HQ: Dublin, Ireland
Founded: 1997
Website: cr2.com
Twitter: @CR2_Ltd