Finovate Alumni News — March 26, 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.jpgProfitStars’ Gladiator ranks #36 in MSPmentor’s top 501 managed service providers.
  • Kofax Mobile Capture platform wins “Elegant Implementation” category of Housing-Wire magazine’s HW TECH 100.
  • Online TV host Doug Sleeter interviews Xero CEO, Rod Drury.
  • Jumio wins 2014 METAward in “established” category.
  • miiCard bringing its ID verification technology to eMerchantPay.
  • WTOP News asks: is the credit card with keypad from Dynamics is the “card of the future”?
  • MasterCard selects Anna Yip as head of Hong Kong and Macau.
  • Digital Insight to expand online banking portfolio to include shared access and small business payments. Come see Digital Insight demo at FinovateSpring next month.
  • Kraken, the digital currency exchange platform used by Fidor Bank, raises $5 million.
  • ZipZap pauses UK cash-to-bitcoin transfers through its platform.
  • Boku partners with sunhill technologies to enable direct global carrier billing for sunhill’s services.
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.

FinovateSpring 2014 Sneak Peek: Part 1

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The northern hemisphere’s first day of spring last week can mean only one thing: FinovateSpring 2014 is just around the corner. To help you prepare for the upcoming onslaught of innovation, we’ll be dishing up bite-sized pieces of some of the companies you’ll see in San Jose on April 29 and 30.

In this first installment, we showcase ChiaraMail, Dealstruck, Digital Insight, ID.me, LendingRobot, and Verde International:


ChiaraMailLogo

ChiaraMail offers the first technology to protect your customers from becoming victims of e-mail address spoofing, while providing them unprecedented e-mail privacy without the use of encryption.

Features:
    • Eliminates spoofing and the resulting identity theft.
    • Ensures in-transit privacy.
    • Adds critical functionality such as changing e-mails after sending, and improved mail network efficiency.
Why it’s great:
ChiaraMail technology assures your customers that a message that claims to be from you is actually from you.  
ChiaraMailRobert.jpg

Robert Uomini, CEO/President
Uomini is founder of ChiaraMail and inventor/developer of the patented technology behind ChiaraMail. He has been developing disruptive technologies for many years.
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David Head, Chief Marketing Officer
Head is a senior marketing and sales executive with more than 20 years of experience in enterprise and start-up companies bringing game-changing technologies to market.


DealstruckLogo

Dealstruck is a web-based peer-to-peer lending company that offers a suite of financing products to small business borrowers designed to progressively graduate them toward conventional financing.

Features:

    • Real-time access to borrowers and deals
    • Ability to manipulate data from Dealstruck loan packaging to augment underwriting/yield
    • Opportunity to participate alongside others or take down full loans
Why its great:
Dealstruck provides the most complete suite of financing options for business borrowers and investment opportunities for lenders.  

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Ethan Senturia, co-founder and CEO
Senturia is Wharton Business School graduate who previously ran Internet marketing for a lead generation startup, Ampush Media, and in distressed credit at Lehman Brothers.

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Russell McLoughlin
McLoughlin, co-founder and CTO, is a B.S./M.S. who has worked at the Biodefense Knowledge Center at Lawrence Livermore National Laboratory, and at Google Machine Translation and Apple.

DigitalInsightLogo

Digital Insight’s Promotion Suite for mobile reaches the right customers on their mobile device with the right offers at the moment of truth.

Features:

    • Brings personalized, relevant cross-sell offers from financial institutions to their customers.
    • Engages consumers in their moment of need anywhere, anytime and on any device.
Why it’s great:
Provides personalized engagements and enhanced communications to connect financial institutions with their customers like never before. 

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Karishma Anand
Anand is the director of product management for Digital Insight. She is responsible for driving product strategy, execution for digital banking and payments solutions.
LinkedIn

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Marshall Yuan 
Yuan is a senior product manager at Digital Insight. In this role, he oversees the strategy and go-to-market plan for Android banking applications.
LinkedIn


IDmeLogo

ID.me verifies attributes of a consumer’s identity and ties them to a payment medium

Features:

    • CRM, Offers, Loyalty and Authentication via a payment medium
    • Elimination of physical credentials needed at checkout
    • Fraud prevention for high-value transactions via authentication
Why it’s great:
User-centric digital identity, attribute verification and a mobile device enables the holy grail of marketing: personalization  

IDMeBlake.jpg

Blake Hall 
Hall is a former Army Ranger and Harvard Business School graduate. Thanks to The Economist, he is the first Google result for “muscly entrepreneur.”

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Matthew Thompson
Thompson is a former Army Ranger and a decorated combat veteran. He co-founded ID.me while attending Harvard Business School.
LinkedIn


LendingRobotLogo

LendingRobot automates loan selection and investment in Peer Lending.

Features:
    • Fully automates investment in LendingClub and Prosper
    • Submits orders within one second after new loans appear
    • Automated definition of investment strategies
Why it’s great:
LendingRobot makes investing in Peer Lending simple and efficient, and allows individuals to compete with institutional investors.  

LendingRobotGilad.jpg

Gilad Golan, CEO 
Golan shipped almost every product he ever built (and he built a lot of them).
LinkedIn

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Emmanuel Marot, President
Marot uniquely mixes backgrounds in both user experience design and quantitative finance.


VerdeInternationalLogo

Verde International’s Verde Aurora is a next-gen automated loan-underwriting optimization engine satisfying customers, shareholders, regulators, dealers, and other stakeholders, instantly.

Features:
    • The best possible decisions and counteroffers, delivered in seconds
    • Loss models that outperform industry leading models by fourfold
    • Scalable deployment that any financial institution can afford
Why it’s great:
Verde Aurora obsoletes today’s decision systems by integrating behavioral models, DCF analysis and MPP-driven optimization for perfect instant offers, pleasing customers and shareholders alike. 
VerdePatrick.jpg

Patrick Reily, CEO and Co-Founder Verde International
Reily’s multidisciplinary approach to strategic planning and business development is the result of 25 years of experience in banking and financial services. 
VerdeBob.jpg

Robert Hughes, CEO of Finance and Thrift Co.
Bob has over 30 years of experience as the President/CEO of federally insured financial institutions.

Stay tuned for a sneak peek of another six companies later this week.

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– December 4, 2013

  • BBVA Compass announces launch of BBVA Research iPad app.
  • Bank Innovation column on fintech in Israel features TipRanks and Payoneer.
  • Emida launches Handset and SIM Programs.
  • BancVue and other Credit Unions Help U-Haul Refinance Corporate Debt.
  • Prosper’s daily average loan originations grew almost 10% in November over October.
  • The Next Web reports: PayPal launches a digital gift store, featuring Apple as its sole launch partner.
  • City of Gig Harbor Launches on doxo; More than 5% of Residents Go Paperless in the First 90 Days.
  • Forbes: Kabbage Now Uses Square Data to Provide SMB Funding.
  • Mint is now available on Windows 8.1 and Windows Phone 8.
  • btcQuick Bitcoin Exchange working with miiCard to mitigate fraud.
  • EyeVerify interviewed on The Kansas City Power Lunch radio program.
  • IntelliResponse wins bronze in Best in Biz Awards’ Most Innovative Product of the Year category for 2013.
  • Intuit to purchase document startup company, Docstoc.
  • American Banker features Zaydoon Munir, founder of RevolutionCredit.
  • ACI Worldwide adds new executives, open new South American HQ in Sao Paolo, Brazil.
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– December 3, 2013

  • Finovate-F-Logo.jpgSwipely expands to new HQ building.
  • Wipro to buy mortgage consultancy firm Opus Capital Markets Consultants.
  • Apex Community FCU to offer Geezeo white label PFM.
  • Forbes highlights Cardlytics‘ growth and future of card-linked offers.
  • Xero adds 2 Australian banking partners: Greater Building Society and Investec.
  • TechCrunch reports: Blackhawk Network Picks Up Gift Card Startup, Retailo, To Bolster Its Reach In Europe.
  • C-SAM launches MasterPass-powered (MasterCard) digital wallet solution for FIs.
  • Jack Henry Banking wins outsourcing contract with Univest Corporation of Pennsylvania.
  • NCR to buy Digital Insight from Thoma Bravo for $1.65 billion.
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– 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.

John O’Malley Takes Helm as New Digital Insight CEO

Digital Insight announced this week that John O’Malley will serve as the fintech company’s new Chief Executive Officer. The new appointment is effective on November 1st.

O’Malley brings more than 30 years of experience in both financial services and financial technology. He was most recently CEO of Panini, a payment technology company. Previously, O’Malley served as chief executive officer for Memento and Harland Financial Solutions, where he was also President.

Formerly known as Intuit Financial Services, Digital Insight was acquired by Thoma Bravo this summer. Read our coverage of the billion-dollar deal here.

Digital Insight was one of our original alumni, presenting at the first Finovate in 2007. Video of the company’s presentation is available here.

Finovate Alumni News– September 24, 2013

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  • Capital Access Network listed among Information Week’s top U.S. technology innovators in 2013.
  • FIS announces analytics programs for customers.
  • Swipely now managing $1 bil in annual sales, 1 yr. after entering payments market & launched Swipely Partner Network.
  • Cachet Financial Solutions announces Select Mobile Lending, a new mobile app.
  • MasterCard and Entrepreneurial Finance Labs join forces to promote SMB growth in developing nations.
  • TechCrunch reports PayPal, Stripe, & Braintree partner with Facebook to autofill billing info in mobile commerce apps.
  • ERN partners with FICO to embed FICO’s marketing solutions within its real-time Big Data analytics platform Looop.
  • Mountaineer Gas joins doxo to simplify bill delivery, payment, and record keeping for its 220,000 customers.
  • Digital Insight announces new CEO, John O’Malley.
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– August 2, 2013

  • Finovate-F-Logo.jpgNetbanker looks at LendUp and BillGuard as 2 innovators creating services to protect the elderly from spam.
  • Kofax acquires data integration software provider Kapow Technologies.
  • Startup Owl features Lighter Capital and On Deck. Check out Lighter Capital at FinovateFall in NYC.
  • Bill.com’s two-factor authentication brings security to SMBs.
  • Thoma Bravo completes billion-dollar acquisition of Intuit Financial Services, re-launched as Digital Insight.
  • Net Element International integrates its Aptito POS payments platform with TSYS.
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.

Infographic: Internet Banking Vendor Timeline, 1997 to 2012

Here is a monster infographic from our friends at Mindful Insights LLC, a boutique consulting firm in the digital finance space (previous post). You can click on the image for a larger version, or better yet, grab the PDF version here. We appreciate the opportunity to publish it.

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