Finovate Alumni News

Around the web

  • mBank partners with PayU to bring mTransfer Mobile to Poland.
  • WS Integration awarded Little British Battler status by Techmarketview.
  • BizEquity named one of the ‘Best Entrepreneurial Companies in America’ by Entrepreneur magazine’s Entrepreneur 360 Awards.
  • Bluepoint Solutions partners with Gro Solutions for mobile account opening.
  • Germany-based vaamo now enables customers to open accounts online.
  • Irish Mirror features Revolut among 8 startups “you need to know about” at the Web Summit in Dublin.
  • Forbes takes a look at how Dwolla is bringing real-time payment technology to CME Group.
  • BNY Mellon’s Leda Glyptis lists Heckyl Technologies among her personal favorite startups.

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

  • “Presentation Videos from FinDEVr San Francisco 2015 Are Now Available

Around the web

  • Markit launches its WSO Credit Manager, a credit and portfolio analysis solution.
  • Dwolla teams up with CME Group to bring on-demand payments to the clearing and settlement process.
  • FIS and The Clearing House partner to build a ubiquitous, real-time payment system.
  • Nomis Solutions and Zafin announce strategic partnership to provide integrated and seamless deposit pricing solution for retail banks.

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

Finovate Alumni News

On Finovate.com

  • “From API to UX/UI: A Preview of FinDEVr 2015

Around the web

  • Stratos wins Fast Company’s Innovation by Design Award, the company’s third product award.
  • Business Insider ranks Algomi, Currency Cloud, eToro, Nutmeg, Zopa, and TransferWise among top fintech companies in Britain.
  • Concur integrates with GigSky to enable travelers to access the internet while traveling.
  • Dwolla expands its credit services to include instant money transfers among friends and family.
  • Let’s Talk Payments lists 25 top alternative lending startups including OnDeck, Street Shares, Zopa, and Lending Club.
  • Xero previews two new features—billable expenses and invoice reminders—for small-business users of its platform.
  • peerTransfer announces U.S., Europe expansion; rebrands as Flywire.
  • TSYS to expand its Enterprise Tokenization technology to support Android Pay.
  • Red Giant launches its Red Giant Family Plan to offer families a way to manage daily spending.
  • iSignThis‘ KYC services now satisfy U.S. anti-money laundering requirements.
  • PayPal explains its recently launched API Transactions Dashboard.
  • BehavioSec joins PwC’s Accelerator Programme.
  • Lending Club’s Carrie Dolan named one of American Banker’s 2015 Most Powerful Women in Finance.
  • Personal Capital appoints Mark Goines as CMO.
  • Matt Compton becomes COO of Simple, which has tripled its staff to 300 employees from February 2014.
  • TechCrunch features Lending Club’s coming-of-age story.

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

  • Yodlee’s startup incubator contributes to “Startup Fever.”
  • Revolut, Sedicii, SizeUp, & Token named Innotribe Startup finalists.
  • TIS signs deal to process school exams in Chile.
  • Trustly appoints Jonas Palmquist as chief financial officer.
  • FT.com features PsychSignal and Market Prophit in a discussion on market signals and social media.
  • Dwolla launches its white-label service to make it easier for FIs to use its FiSync transfer platform.
  • Segmint launches new marketing solution, Segmint Reach.
  • RetailWeek features TradeShift as startup of the week.
  • Lending Club celebrates surpassing $11 billion in loans.

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.

More Than 30 Alums Make Hot Topics 100 Most Influential People in Fintech

More Than 30 Alums Make Hot Topics 100 Most Influential People in Fintech

HotTopics_Fintech100_2015

If you drew up a list of the 100 most influential men and women in fintech, how many of them would be alumni of our Finovate/FinDEVr conferences?

The answer is about a third, according to Hot Topics, which released its list of the top 100 fintech influencers this week.

“More transactions taking place online mean more opportunities to help consumers manage their money in digital form: enter the fintech platforms,” wrote Joel Watson for Hot Topics. “Whether it be securing mortgagees, getting a loan, transferring money abroad, spending money in an ecommerce store, or one of a thousand other applications, the marketplace is fiercely competitive and growing all the time.”

See if you agree with who made the cut, who was overlooked, and who deserves at least an honorable mention.

Hot Topics is an online community of more than 300 entrepreneurs, corporate executives, venture capitalists, journalists, bloggers and other professionals interested and involved with technology.

 

Finovate Alumni News

Around the web

  • TSYS launches new data analytics platform, Analytics Intellisuite.
  • Let’s Talk Payments interviews Rippleshot CEO Canh Tran, co-founder.
  • International Business Times previews the arrival of LoopPay-powered Samsung Pay in the U.K.
  • Business Insider looks at the growth prospects for Zopa, P2P lender.
  • New investors can now open Lending Club accounts on LendingRobot.
  • CU Mobile Apps (CUMA) chooses Cachet Financial Solutions as its preferred mobile deposit provider.
  • Holvi launches iframe to enable users to embed Holvi online store products into external websites.
  • Yodlee cites innovations from PayPal, Credit Karma, Personal Capital, and ReadyForZero in its piece 7 Habits of Highly Successful Fintech Startups. Check out Yodlee, PayPal, and Personal Capital at FinDEVr San Francisco 2015.
  • Dwolla gives account holders option to enable two-factor authentication.
  • Lend Academy: Lending Club announces open integration, third parties jump on board.
  • Kony achieves mobile competency status awarded by Amazon Partner Network.
  • Motif Investing celebrates the launch of dollar-based trading with Free Trading Day on Friday

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

  • “FinDEVr San Francisco Very-Early-Bird Ticket Discount Ends Friday
  • “Finovate Debuts: 3E Software’s Teslar is a Toolbox for Credit Management”
  • “New Investment in Tyfone Takes Total Capital to $12 Million”

Around the web

  • FIS to purchase SunGard for $9.1 billion.
  • Lending Club launches its Open Integration program, unveiling a suite of APIs for online advisers and broker-dealers.
  • In Gartner’s latest report, Backbase scores twice in the top 5 for the B2C Informational and B2C Transactional use cases.
  • Bluefin Payment Systems partners with EchoSat to protect point-of-sale systems from security breaches.
  • Inc. ranks Kabbage as 36, WePay as 62, Prosper as 86, and Cardlytics as 88 in a list of the 5,000 fastest-growing private companies in America.
  • Column in Stars and Stripes highlights CrowdFlower in discussion on micro-work.
  • TradeShift to acquire Merchantry for $30 million.
  • Dwolla adds two-factor authentication for full account holders.

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

  • “PayPal’s Early Valuation Tops $44 Billion”
  • “Monitise to Emphasize API, On-Site Solutions in Strategy Shift”

Around the web

  • Xero to offer foreign invoice payments via new partnership with Midpoint Holdings.
  • Loop featured in profile of Samsung Pay.
  • PYMNTS.com takes a look at PayPal CEO Dan Schulman’s conversation with the Financial Times.
  • Gulf News Banking highlights Zopa in its review of the rise of P2P business lending.
  • Ferratum Group selects Mambu to Power SME Lending.
  • Top Image Systems to deploy an automated multichannel and mobile data-capture project for online financing company that provides funds to India-based SMBs.
  • Lighter Capital closes 100 deals.
  • CDApress recommends FamZoo to help kids understand personal finance skills.
  • Credit.com blog lists Global Debt Registry as a tool to help get rid of an old debt.
  • Better ATM Services CEO Todd Nuttall quoted in Australian Times column on how technology delivers a growing share of bank services.
  • The Bitcoin News interviews the new online marketing manager for Bitbond, Chris Grundy.
  • Wall Street Journal features PsychSignal in a review of stock market sentiment and social media.
  • Inc. feature on Silicon Prairie highlights Blooom, Hip Pocket, and Dwolla.
  • Rise in tech investment in the United Kingdom credited to companies like Azimo and Currency Cloud in London’s fintech sector.
  • Forbes column on investing for millennials features Hedgeable.
  • Realty Mogul adds two new vice presidents of commercial real estate.

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

  • Azimo Lands $20 Million in Series B Investment Led by Frog Capital
  • Narrative Science Launches Quill Portfolio Review

Around the web

  • INETCO teams up with Printec Partners to bring customer transaction data and analytics to FIs in Central and Eastern Europe.
  • MasterCard to provide tokenization support for private-label credit cards used in digital wallets.
  • Dwolla joins steering committee of Fed Fast Task Force dedicated to creating a faster payment system.
  • iSignthis partners with IPGPAY Ltd., bringing online identity-verification to clients in the Asia Pacific region.
  • Avalara acquires Belgium-based VAT Applications. Check out Avalara at FinDEVr on 6/7 October 2015 in San Francisco.
  • Kabbage partners with UPS Capital Partners to offer more SMBs access to a loan through UPS. Kabbage will present at FinDEVr in San Francisco this 6/7 October.
  • SandHill mentions SnoopWall as 1 of 5 cool, pre-VC cybersecurity startups.
  • First Data launches Clover Mini for accepting Apple Pay, Android Pay, and other NFC-enabled wallets.
  • Thinking Capital announces new name, visual identity and tagline.
  • Insuritas partners with Gate City Bank to install insurance-agency solution in the North Dakota-based bank.
  • BizEquity signs distribution agreement with Four Seasons Financial Group, a wholesale insurance and investments provider for institutional markets.
  • Social Money and Sallie Mae Partner to Create New Digital Banking Solution.
  • The Coin Telegraph talks open source software and fintech innovation with Quantopian.

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

  • “Ask Finovate: Who’s Who in Voice Banking Technology?”

Around the web

  • American Banker talks with miiCard CEO James Varga on how miiCard creates “digital passports” for consumers to prove their identities without oversharing information.
  • Pymnts considers Mitek’s latest acquisition.
  • Canandaigua National Bank & Trust hires Insuritas  to expand the bank’s existing insurance agency with its omni-channel, insurance-agency platform.
  • Payoneer expands presence in India.
  • LendingTree adds Ascend Consumer Finances to its personal loan-lender network.
  • EyeVerify partners with Olcsan CAD Technology to bring eye-vein biometric technology to Turkey.
  • StrategyEye interviews Jens Saltin, Klarna’s head of expansion.
  • The Telegraph’s column on the high cost of bank transfer fees highlights TransferWise.
  • T24 Islamic core banking solution from Temenos now available as cloud-based service.
  • Dwolla ditches the quarter, stops charging 25-cent transaction fee.
  • Arxan extends its application-protection platform to support apps built on Android on Intel Architecture.
  • Xero reaches 500,000 customers for its cloud accounting service, sets sights on 1-million-customers milestone.
  • VentureBeat names Prosper, Lending Club, and TransferWise in list of billion-dollar companies.
  • Finaeos forges partnership with Tata Consulting to help SMBs take advantage of Regulation A+ of the JOBS Act.

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

  • FreeAgent to Crowdfund $1.6 Million Funding Round
  • edo Interactive Completes $20 Million Series E Round; Names Badran CEO, President

Around the web

  • Halliburton Federal CU to use Insuritas to launch insurance agency.
  • Receivables Exchange appoints James W. Toffey as new CEO.
  • PayPal, Xero, Intuit, HelloWallet, & TD Ameritrade win 2015 Webby Awards.
  • TransferWise launches updated Android app with one-tap payments for more than 360 currency routes.
  • SumUp releases SumUp terminal payment SDKs for iOS and Android.
  • AMP Credit Technologies appoints chief technology officer.
  • Dwolla launches ability to schedule recurring payments for a specific day, recurring schedules, and cancellation criteria.
  • NICE Systems sells its cyber and intelligence division to Elbit Systems for $158 million.
  • Photos from FinovateSpring 2015 last week are now available on the Finovate Flickr feed.
  • OptionNET Taps Tradier for Rollout of Trading Directly from Their Platform.
  • Kabbage partners with Sage Payment Solutions to create small business loan offering.
  • PayPal’s OneTouch checkout service now supports all merchants using BigCommerce, even when consumers don’t have the PayPal app installed.

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.

Dwolla Demos Bank-level Tokenization

Dwolla Demos Bank-level Tokenization

DwollaLogo2015

This post is part of our live coverage of FinovateSpring 2015.

Dwolla showed how FiSync works with large financial institutions:

In this demo, attendees are getting an insider’s view into Dwolla’s real-time technology by witnessing some of the applications that have been built on the Dwolla platform. For example, Dwolla CEO, Ben Milne, will offer an overview of Dwolla’s unique approach to authentication and user discovery (through Dwolla’s directory technology) and walk through how these two features are currently being integrated into one of the world’s largest financial institutions and a growing number of application partners. The live bank-level tokenization model eliminates the threat of providing personal information (i.e. bank credentials or routing and account numbers) to a third-party or having to later tokenize the data downstream.

Presenters: Jordan Lampe, director of communications, and Chad Ballard, director, mobility and digital business technology, BBVA Compass

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Metrics: $32.5M in funding; more than 70+ employees across 4 offices (San Francisco, DSM, Kansas City, New York City)
Product distribution strategy: Direct to Consumer (B2C), Direct to Business (B2B), through financial institutions, through other fintech companies and platforms

HQ: Des Moines, Iowa
Founded: December 2008

Website: dwolla.com
Twitter: @dwolla