Finovate Alumni News

On Finovate.com

  • Microsoft Marketing Vet Jeremy Korst Joins Avalara as New CMO.

Around the web

  • New York-based BizFi reaches $2 billion in originations.
  • LTP: Trulioo CEO Stephen Ufford writes about the problem of gift card fraud.
  • Boku extends partnership with Microsoft to support carrier billing to France.
  • Exostar teams up with Taulia to bring supply chain finance to the aerospace and defense industry.
  • Avoka, SocietyOne, and SuiteBox named finalists for Fintech Business Awards.
  • HBR: Narrative Science CEO Stuart Frankel writes about talking chatbots.
  • Quantopian recognized by Boston Globe as a “Company to Watch in 2017.”
  • Let’s Talk Payments features Kontomatik’s successful 2016.
  • Dashlane to support Intel Software Guard Extensions to help protect your passwords with hardware-enhanced security.
  • OurCrowd marks 4 years, $320m raised, 100 startups, 9 exits.

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

  • NuData Security Brings Behavioral Biometrics to Arvato Financial Services”

On FinDEVr.com

Around the web

  • Token signs memorandum of understanding (MoU) with Fidor Bank for digital payments.
  • PYMNTS.com interviews Nick Thomas, cofounder of Finicity, in the wake of his company’s latest funding round.
  • Aerospike announces 100% year-over-year bookings growth.
  • Touch Bank to deploy FraudNet, online fraud prevention technology from Experian.
  • More than 100,000 customers of Avanza Bank have used Trustly’s real-time deposit service since the two companies forged a partnership last year.
  • Dashlane joins two-factor authentication awareness campaign, #TurnOn2FA.
  • Cortera Decisions‘ credit scorecard capability is now available through Boost, its self-service tool that gives businesses insights on their customers and prospects.
  • TickSmith’s TickVault Big Data management platform is compatible with Thomson Reuters Tick History.
  • NIIT Technologies partners with a top-ranked retirement plan provider to manage their legacy systems.
  • Arxan Technologies wins six industry IoT security awards.

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.

Dashlane and Google Partner to Improve Online Security via Open YOLO

Dashlane and Google Partner to Improve Online Security via Open YOLO

dashlane_homepage_Aug2016

Dashlane and Google have teamed up to develop an open API for app developers called Open YOLO, which stands for “You Only Login Once.” The technology makes it easier for Android apps to work with password managers.

“To stay one step ahead of the market demand,” Dashlane’s Malaika Nicholas wrote on the company blog, “Google and Dashlane are helping create a seamless, universally acceptable Android app-authentication solution to increase your online security.” Nicholas added that Dashlane’s development team opted for an open source solution because it gives users a cross-platform security option. She noted that in February, Dashlane announced support for FIDO’s Alliances Universal Second Factor (U2F) authentication standard, the first password manager to do so.
Dashlane_stage2_FEU2013

Left to right: CEO Emmanuel Schalit and Nishant Mani, VP partnerships and marketing, demonstrated Dashlane at FinovateEurope 2013 in London.

While Dashlane is pioneering the Open YOLO effort, other password managers are expected to be involved in the project, and other non-Android operating systems are to be added as well. Among those other password managers expressing interest according to reporting in TechCrunch, are 1Password, LastPass, Keeper, and Keepass. “This is an important initiative for our industry and for the state of user security,” Dashlane CEO Emmanuel Schalit said, “Collectively, we are committed to increasing user security and believe that the best way to do this is to champion open source security projects.” According to a Dashlane spokesperson, more information on the project, including technical documentation and code will be made public soon.

With more than five million users of its technology, Dashlane provides a free consumer app for use on a single device and a premium service for use on an unlimited number of devices for $39.99 a year. Founded in 2009 and headquartered in New York City, Dashlane demonstrated its technology at FinovateEurope 2013. The company launched its Spaces for Mobile solution in July and introduced its redesigned app for iPhone and iPad in June. In May, Dashlane raised $22.5 million in a round led by TransUnion that took the company’s total capital to more than $52 million. And in March, the company announced that former Fab.com executive David Lapter was joining Dashlane as its new CFO.

Founded in 1996 and headquartered in Mountain View, California, Google demonstrated its Google Advisor technology at FinovateFall 2011. The company also participated in the inaugural FinDEVr New York developers conference this spring with a presentation titled “TensorFlow Machine Learning with Financial Data on the Google Cloud Platform.”

Finovate Alumni News

On Finovate.com

  • Dashlane and Google Partner to Improve Online Security via Open YOLO
  • Prosper Closes in on $5 Billion Commitment for New Loans

Around the web

  • FIS and Arkansas Governor Asa Hutchinson extend VC FinTech Accelerator program to 2018.
  • Revolut app tops 250,000 users.
  • Narrative Science launches Solution Provider program.
  • Oprah Winfrey Network names WorthFM founder and CEO Amanda Steinberg to the inaugural Opray Winfrey Network SuperSoul 100.
  • Banking technology interviews Rivi Varghese, CEO of CustomerXPs Software.
  • American Banker: Profits, Revenue Forecast Rise at Green Dot
  • Zopa gives a rundown of its four-year history.

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.

With Dashlane’s Spaces for Mobile, Passwords Connect the Professional and the Personal

With Dashlane’s Spaces for Mobile, Passwords Connect the Professional and the Personal

Dashlane_homepage_July2016

Spaces for mobile is Dashlane’s latest solution to help employees in the BYOD (bring-your-own-device) era. Based on the desktop version launched in June, the technology gives employees using Android, iPhone, and iPad devices safe and easy access to both their professional and personal Spaces within the platform.

“Password management blurs the line between home and work,” Dashlane CEO Emmanuel Schalit said. “If an employee practices safe password habits at home, that same mindset will carry over into his or her workplace.” Spaces for mobile will allow users to toggle between personal and professional spaces from the same mobile device, as well as to transfer items back and forth between spaces.

New personalization, help, and onboarding guides have been added. The solution also features an enterprise control which allows an employer to quickly restrict access to professional spaces without interfering with personal space on the platform. The Dashlane blog underscored this feature when Malaika Nicholas, community manager, wrote that the controls enabled “business owners, company executives, and IT administrators … to oversee the password health and security of their entire organization and every employee through the centralized admin console, while still maintaining employees’ privacy.”

Dashlane’s identity- and access-management solutions are used by both consumers and businesses to securely manage passwords, credit card data and other sensitive information. The company uses advanced encryption and local storage to serve more than 5 million users, with more than 6,000 companies subscribing to its enterprise service, Dashlane Business.

Founded in 2009 and headquartered in New York City, Dashlane demonstrated its core technology at FinovateEurope 2013. In June, the company unveiled its redesigned iPhone and iPad solutions, the same month Mashable featured the technology in its list of “7 can’t miss apps.” Dashlane attracted a $22.5 million investment in May in a round led by new strategic partner TransUnion that took its total funding to more than $53 million. Former Fab.com executive David Lapter joined the company as CFO this spring.

Finovate Alumni News

On Finovate.com

  • With Dashlane’s Spaces for Mobile, Passwords Connect the Professional and the Personal
  • Peter Thiel Takes $3.5 Million Stake in Curated Investor Platform, nextmarkets GmbH
  • A Look at the First Week of Nasdaq’s Fintech Index

Around the web

  • Bill.com co-founder and CEO Andrew Housser weighs in on the relationship between new and traditional credit scoring.
  • Dakota Plains Credit Union to deploy integrated technology suite from Fiserv.
  • American Banker column on new core banking vendors features Corezoid.
  • Deposit Accounts blog features Kasasa.
  • Finextra: Q2 ready to support same-day ACH payments.

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

  • “2016 CNBC Distruptor 50 Features Klarna, Kabbage, Twilio, and Motif Investing”
  • “Ping Goes the Blockchain: Partnership Brings Consensus, Kill Switch with New Platform”
  • “Ripple Receives BitLicense to Sell XRP”

Around the web

  • FICO launches its Academic Engagement Program, helping business students get hands-on experience with analytic software.
  • Mashable features Dashlane in its list of “7 can’t miss apps.”
  • Ping Identity partners with blockchain innovator, Swirlds.
  • Braintree announces new integrations with Demandware and Netsuite.
  • Top Image Systems earns spot in the Russell Microcap Index.
  • Bloomberg Businessweek profiles TransferWise, ‘London’s Lonely Unicorn.’
  • The economist looks at Strands and Entrepreneurial Finanace Lab’s roles for businesses in developing countries.
  • Unicredit launches Appathon powered by Open Bank Project.
  • Crowdtrader looks at C.K. Mack’s new take on crowd-sourced real estate investing.

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

  • “Token Facilitates PSD2 Compliance with New Payment Network”
  • “CrowdFlower Closes on a $10 Million Round Led by Microsoft”
  • “Finovate Debuts: IBM’s Wealth Management Solution Gives Advisers an Edge”
  • “MOX Pay from Malauzai is First to Unveil RDC as Payment Option”

On FinDEVr

  • “Flybits Earns Gartner Cool Vendor Recognition in its Platform-as-a-Service 2016 Report”

Around the web

  • TechCrunch: Dashlane launches a password-management tool for the enterprise.
  • AppsTechNews chats with Kony CTO Bill Bodin on the pace of enterprise app change.
  • “Kabbage Named a CNBC Top Disruptor”
  • Benzinga profiles Betterment CEO Jon Stein.
  • Me/CU to deploy account-processing platform and digital banking suite from Fiserv.
  • Insuritas to power insurance solution for Patelco CU.
  • NICE Actimize teams up with Mphasis to provide anti-fraud, enterprise risk, and compliance solutions.
  • Volate Technologies launches solution for “plug and play” integration with Ripple.
  • ACI Worldwide partners with U.K.-based Raphaels Bank to provide access to the Faster Payments Scheme.

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.

Dashlane Unveils Redesigned App for iPhone and iPad

Dashlane Unveils Redesigned App for iPhone and iPad

Dashlane_homepage_June2016

Let’s be honest: Your password habits are miserable. You use birth years in usernames and pet names in passwords. You’ve got passcodes scribbled on Post-It notes. You’ve even been known to reuse a username and password between a website or two. Or three. Or four.

If that sounds even remotely like you, then the all new Dashlane iOS app for iPhone, iPad, and the Apple Watch might be the best news you’ve heard all day. The online- and mobile-authentication specialist has redesigned its solution to improve navigability and make it easier for users to manage passwords on multiple devices.

Dashlane_stage_FEU2013b

Pictured: Dashlane CEO Emmanuel Schalt demonstrated his password management and digital wallet technology at FinovateEurope 2013 in London.

Dashlane_iphone_1“The app combines the same convenience and functionality of the previous version,” wrote Malaika Nicholas, Dashlane community manager, on the company blog this week, “only now it’s reorganized to make all of your passwords and other important information easier to find and use anytime, anywhere.”

Dashlane’s password-management service helps remove friction from online authentication and checkout while maintaining security. New features include a redesigned menu, global search, a “Recent” screen to make it easier to find most frequently used items, a “Tools” screen to access tools such as the Password Changer and Generator, and simplified app security settings. A digital wallet as well as a password manager, Dashlane is available for free and also as a premium service, Dashlane Premium, that includes syncing with an unlimited number of devices for $39.99 a year.

Download the redesigned app from the Apple App Store. Dashlane 4.5 requires iOS 9.0 or later.

Founded in 2009 and headquartered in New York City, Dashlane demoed its technology at FinovateEurope 2013. The company has raised more than $52 million in funding, with its most recent—a $22.5 million round—led by TransUnion. Dashlane also includes Bessemer Venture Partners, FirstMark Capital, and Rho Ventures among its investors.

Recent headlines for Dashlane include the March hiring of new Chief Financial Officer David Lapter; adding support for YubiKey authentication in February; and providing Spanish, Portuguese, German, Italian, and Japanese language support in January. Emmanuel Schalit is CEO.

Finovate Alumni News

On Finovate.com

  • “Robo-advisor Blooom Reaches $300 Million in Assets”
  • “Finovate Alums Earn Top Honors at 2016 Benzinga Fintech Awards”
  • “Finovate Debuts: Fintonic’s Mobile Banking Offers Products that Matter”
  • “NYMBUS Acquires R. C. Olmstead to Enhance Core Data Processing”
  • “Dashlane Unveils Redesigned App for iPhone and iPad”

On FinDEVr.com

  • “Praesidio Rebrands as DefenseStorm”

Around the web

  • Lighter Capital brings on Jacob Colker as chief marketing officer.
  • The WSJ calls PayPal “the new face of banking.”
  • “Fragmob and CardFlight Announce Integrated Partnership”
  • Tradeshift and kompany partner to automate KYC & KYB verifications.
  • Tech Hunter looks at how the integration of CustomerXPs Clari5 with Oracle Database In-Memory benefits banks.
  • ACI Worldwide to launch its e-commerce payments solution, Up eCommerce Payments.
  • Misys joins Banking Industry Architecture Network (BIAN) to help create a global banking IT standard.
  • Meniga to power new PFM option for CSOB group.

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

Dashlane’s $22.5 Million in New Funding Comes with a Strategic Partner

Dashlane’s $22.5 Million in New Funding Comes with a Strategic Partner

DashlaneHomepage2016.2

Password-management company Dashlane closed on $22.5 million in a round led by TransUnion, which has joined the company as a strategic partner. Bessemer Venture Partners, FirstMark Capital, and Rho Ventures also contributed to today’s round, which brings Dashlane’s total funding to $52.5 million since its 2009 launch.

CEO Emmanuel Schalit says of the milestone: “This new round of funding—combined with the strategic relationship with TransUnion—will strengthen our ability to achieve our vision by giving us the capital to accelerate our roadmap, as well as the ability to further integrate new and powerful services for our users.”

The strategic partnership with TransUnion comes at a time when consumers are at an increasingly high risk for account breaches. Together with TransUnion, Dashlane will create integrated services focused on credit monitoring, identity and fraud protection, credit information, and breaches. Additionally, Dashlane will use TransUnion as a channel partner to expand its distribution across the globe.

President of TransUnion Consumer Interactive, John Danaher, says, “We feel TransUnion, with its vast array of credit- and identity-protection services and its global consumer reach, can help accelerate Dashlane’s growth even further.” Danaher will join Dashlane’s advisory board along with Carl Pascarella, former CEO of Visa.

Dashlane, which presented at FinovateEurope 2013, has focused primarily on the direct-to-consumer market, helping more than 5 million consumers in 150 countries manage their identities. However, the company has recently broadened its focus to partner with banks. The New York-based company is currently working with the largest bank in Mexico, Banamex, and will announce more partnerships with large banks and payment networks this year.

TransUnion took the stage at FinovateSpring 2010 to demo ZenDough, an interactive tool that displays an organization’s finances and credit scores in an easy-to-read visual.

Finovate Alumni News

On Finovate.com

  • “TransferWise Lands $26 Million, Crossing into Unicorn Territory”
  • Check out this week’s FinDEVr APIntelligence”
  • “Dashlane’s $22.5 Million in New Funding Comes with a Strategic Partner”
  • “Mitek and Avoka Team Up to Provide New Mobile Onboarding Solution”
  • “A Double-Edged Sword: Prosper Increases Rates to Attract Lenders”

Around the web

  • Lendio partners with GoDaddy marketplace to offer small business owners access to working capital.
  • Misys to integrate its FusionBanking Loan IQ technology with Debtdomain from Ipreo.
  • iSignthis announces pilot agreement with iFOREX.
  • CSI globalVCard teams up with MacNair Travel Management to develop a payment solution for travel managers and procurement professionals.
  • NuData Security partners with the National Anti-Organized Retail Crime Association (NAORCA).

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.