Finovate Alumni News– April 23, 2013

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  • Executive Magazine profiles TransferWise and talks Middle East expansion.
  • Reference Data Review takes a look at Fenergo’s efforts to make compliance easier and more efficient.
  • ACI Worldwide announces Universal Payments Platform.
  • TransferWise wins Estonia’s “Best E-Service” contest.
  • Joe Brancucci, CEO of GTE Financial joins Mortgage Harmony Advisory Board.
  • Keith Kelly, Mortgage Harmony CEO, awarded a Tech All-Star Award by Mortgage Banking Magazine. Check out Mortgage Harmony’s live demo at FinovateSpring.
  • Ping Identity named 2013 Top Workplace by The Denver Post for second consecutive year.
  • SecureKey named Top Growth Company in 2013 Branham300 list of Top 10 Growth Companies.
  • Global Security Services Company selects Kofax to automate accounts payable operations in Latin America. Check out Kofax at FinovateSpring.
  • ProfitStars wins 2013 Payments System Awards from NACHA – the Electronic Payments Association.
  • ACI Worldwide’s Architech Mobile Banking provides PFM, integrated bill payment and account-to-account transfers to iOS, Android smartphones.
  • Azimo wins SWIFT Innotribe challenge; advances to finals at Sibos 2013 in Dubai.
  • peerTransfer now serving more than 300 colleges and universities, has partnered with 48 new educational institutions during the first quarter of 2013.
  • Zooz closes $2 million Series A round led by XSeed Capital. See Zooz in action at FinovateSpring in May.
  • GeoComply and Locaid team up to bring geolocation services to mobile and Internet gaming industry. See Locaid demo at FinovateSpring in May.
  • Innov8social interviews Julia Streuli, head of communications for Bright Funds. Join Bright Funds in San Francisco for FinovateSpring.
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– March 27, 2013

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  • Acculynk to provide UnionPay International UPOP authentication service via PaySecure.
  • GMC  Software Technology’s GMC Inspire now available as a complete solution with Xerox devices.
  • Klarna AB wins SEK 150 million contract with EVRY.
  • Finextra reports East River FCU & Ishpeming Community FCU to integrate Geezeo’s PFM product.
  • International Business News reports Aditi Technologies and TIBCO Software announce strategic alliance to bolster enterprise social and e-commerce solutions.
  • Lend Academy reports: Lending Club adds monthly income and loan ID filters.
  • American Banker reports: Harleysville Savings chooses Q2ebanking’s online banking platform.
  • TIO Networks surpasses 1 million transactions across all TIO Wallet members.
  • BankersLab launches Collections Edition of its Bank-it mobile game.
  • Bell State Bank deploys Fiserv’s mobile banking system.
  • Banking Technology looks at Kiboo’s participation in London’s fintech Innovation Lab.
  • Wilson Bank & Trust introduces MoneyDesktop to members.
  • TIBCO Software acquires Maporama Solutions.
  • P2P lending comes to real estate courtesy of Realty Mogul.
  • Small Business Computing takes a look at Flint’s pursuit of “highly mobile small businesses.”
  • Retail Touch Points features Jingit and a conversation on the importance of in-store marketing ROI.
  • Bank Crerdit News talks compliance with Fenergo CEO Marc Murphy.
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– March 20, 2013

  • Thumbnail image for Finovate-F-Logo.jpgFenergo releases enhanced compliance and customer onboarding support solution for FIs.
  • FIS announces seven-year agreement with FirstBank Puerto Rico for outsourcing services.
  • Fortnoff Financial reviews TradeKing.
  • The Valley Girl Show interviews Locaid CEO, Rip Gerber.
  • Creative Huddle takes a look at TransferWise as a disruptive force in banking.
  • BillGuard launches early, limited MVP testing version of iPhone app.
  • Expensify bolsters SalesForce integration by supporting FinancialForce.
  • American Banker reports Backbase launches Portal 5.4,  enhancing digital marketing to include better targeting & more.
  • Cortera launches Cortera Lookalikes to seek out new customers  that look and act like a company’s existing customer base.
  • rPlan launches “rplan University”, an online course to provide crucial education on investing.
  • ID Analytics launches ID Network Attributes, targeted consumer behavior insights that provide visibility into identity or transaction risk.
  • Lend Academy reports LendingClub loans being snatched up quickly (within hours).
  • PaySimple partners with CheckAlt to provide suite of payments and receivables tools to SMBs.
  • Validata to provide test case content for Temenos T24 German Banking Suite.
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– January 22, 2013

  • Thumbnail image for Thumbnail image for Thumbnail image for Finovate-F-Logo.jpgNetbanker reports: SmartyPig Launches OneClick, Goal-Based Savings Account Browser Plugin.
  • Bridge Community Bank becomes first in the U.S. to adopt TASCET’s Financial ICONN.
  • EZBOB offering interest-only small business loans to online merchants.
  • Fenergo‘s FATCA solution featured in Datamonitor.
  • ING BusinessMobile for iOS and Android leverages Comarch Mobile Banking.
  • Corduro wins partnership, investment from Shopforbags.com.
  • Standard Chartered Bank launches “Remote Causes” to promote charitable giving through Internet Banking.
  • Ribbit Capital initiates $100 million venture capital fund.
  • Dwolla brings government payments partnership to Iowa.
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 10, 2012

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  • Xero’s new release includes new features: email templates, payments terms & outstanding statements.
  • Purchasing Insight blog features Taulia.
  • Financial Advisor Magazine considers EFL’s approach to determining risk in entrepreneurs.
  • Business Insider recommends using Enloop to help draft business plans.
  • Expensify gets a shout-out on NBC.
  • Intern Match blog suggests using planwise.
  • PC Mag recommends keeping Dashlane in your security toolkit.
  • Wipro announces launch of SmartOffers solution demoed at FinovateAsia.
  • Virtual Piggy enters into Partnership with WorldPay to further expand Virtual Piggy eCommerce service in the international marketplace.
  • Tyfone and IQT sign strategic investment and tech development deal.
  • Fenergo wins Best Customer Onboarding Solution award.
  • DeviceFidelity extends Good Vault identity and access management system to iPhones. 
  • Experian to help media giant Sky optimize customer prospect-marketing data.
  • Compass Plus earns high marks in annual PayX report.
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 2, 2012

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  • InComm celebrates 21 years in the payments industry.
  • Backbase introduces My Backbase, a platform supporting integrators, partners, professionals, prospects and customers.
  • ID Analytics and iovation partner to fight online fraud.
  • Yodlee strengthens management team with three key executives.
  • The Financial Brand features SaveUp’s saving gamification model.
  • Monitise announces partnership with eMerit Solutions.
  • Fenergo enhances FATCA Compliance Solution with auto-classification.
  • Cortera appoints Gary Brooks as Chief Marketing Officer.
  • Entrepreneur Magazine features the success of a business recieving financing through Lighter Capital.
  • Geezeo signs Riverside Community CU.
  • TechCrunch reports: Braintree eases signup process for developers
  • Money Marketing takes an in-depth look at FinovateFall demos.
  • MyBankTracker reports MoneyDesktop launches Sleek Mobile Apps.
  • New Dutch bank uses Figlo Platform to offer online financial overview.
  • Citi using Statement Rewards from Truaxis to bring card linked offers to cardholders.
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– September 4, 2012

  • Thumbnail image for Thumbnail image for Thumbnail image for Finovate-F-Logo.jpgFenergo launches new online FATCA Self-Certification Tool for W-8 and W-9 form collection.
  • ABABanking Journal profiles Guardian Analytics.
  • Geezeo signs Commonwealth and General.
  • Bank of China (Hong Kong) and Monitise form partnership.
  • Visible Banking interviews Matthias Kroener, Fidor Founder and CEO.
  • Social Lending Network reports: Lending Club cracks $70 mil, Prosper has a down month.
  • North Bay Business Journal lists mFoundry and Monitise as fast growing tech companies in 2012.
  • American Banker reports Pacific Continental switches to Q2ebanking as business app provider.
  • Tykoon and LearnVest host contest to help families get money smart.
  • Leadfusion extends aid to financial institutions struggling to respond to the latest serious Java security threat.
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.

Fenergo’s Deal Manager Helps with Client On-Boarding and Account Opening

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Then, Fenergo shared how its Deal Manager can assist with the client on-boarding process:

“Deal Manager (DM) offers financial institutions a unique and full-featured application for client on-boarding and account opening. By systemizing highly complex KYC, Client Due Diligence and credit processes, Deal Manager delivers efficiency, transparency and control across new business processing, and ensures ongoing requirements are managed. 

It ticks the box for compliance with flexible on-boarding and account opening models that integrate policy, document and regulatory requirements for all major markets. With Deal Manager, institutions can manage all KYC and on-boarding requirements for individual and institutional clients, as well as credit, legal documentation processes for new products and services.”

Product Launched: April 2010

HQ Location: Dublin, Ireland

Company Founded: 2009
Metrics
: 50 employees, 4.1 million in 2011 revenues

Website: fenergo.com
Presenting Marc Murphy (CEO) & Niall Twomey (Head of Engineering)
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FinovateEurope 2012 Sneak Peek: Part 2

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As promised last week, here is our second “sneak peak” into the hot young startups and established leading companies that will demo their latest fintech innovations at the second annual FinovateEurope next February 7th in London.
As we mentioned in the first sneak peak, we asked each handpicked company to “whet your appetite” by providing a short summary in their own words of the innovation that they will be debuting on stage. We’ve compiled them below.
Don’t miss your chance to see fast-paced demos of the newest ideas from each company and meet the execs responsible for the cutting edge of innovation in financial and banking technology. Plus get your FinovateEurope ticket before December 23rd and you’ll lock in the early-bird price!
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Backbase will be presenting major new features in its Bank 2.0 Portal Manager, focusing on the following key points:
  • Improved editor for page composition on regular browsers and mobile devices
  • Advanced segmentation and targeting for different customer groups
  • Fully integrated forms editor for enrollment and BPM
  • Advanced analytical and performance tools
Innovation type: Marketing, mobile and tablet UI, online UI


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Aimia’s unique advertising platform, powered by Cardlytics, enables banks to deliver rich, relevant rewards to their customers. The platform uses customers’ unique purchasing history to deliver rewards that strengthen retention rates, increase card usage and improve customer relationships. The Cardlytics platform does all this without the need for any personally identifiable customer data.   
Critical to the success of the programme is merchant engagement. Aimia and Cardlytics will be demonstrating the portal which is used by merchants to track offers and report on revenue. The suite of merchant management tools allows merchants to deliver targeted strategies that deliver measurable results. 
Innovation type: Cards, marketing, rewards
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eToro provides you with immediate access to the largest investment network in the world giving you the ability to quickly find and easily build your own people-based portfolio of top performing traders. Automatically copy every trade your personal dream-team makes into your own investment account and start copying the success of the most successful traders. 
eToro reinvents the way people invest their money by propelling them into the fast growing world of social investing. Take advantage of the wisdom of the crowds and make smarter investment decisions with full transparency and control over your invested funds at any given time.
Innovation type: Investing, online UI, PFM
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KYC compliance is a hot topic for financial services and Fenergo will introduce its Deal Manager application for client on-boarding, KYC compliance and account opening.
Fenergo will demonstrate how banks and financial institutions can reduce the burden and cost of KYC compliance with its straightforward application which manages all of the complex KYC data gathering and document processes and ensures full compliance with industry regulations. 
The best bit is that its Deal Manager application also supports credit processes and legal document execution, so processing new client applications has never been so straightforward. 
Innovation type: Back office, sales
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An onboarding tool that increases customer engagement at the same time? Figlo offers you a complete solution to gain insight in financial matters on a consumer level. Financial planning is now accessible for everyone on any device. 
Curious? Figlo’s 7 minute demo will reveal the power of financial insight.
Innovation type: Mobile and tablet UI, sales

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Handpoint will be demonstrating the first totally secure mobile Chip & PIN payment solution for tablets and smartphones. The solution supports all card payments; magstripe (MSR), Chip & PIN, Chip & signature and contactless NFC Payments (2012).
With Handpoint’s Platform-as-a-Service acquiring, banks and MNOs can offer small/micro merchants card payments, tablets, and smartphones under their own brand name.
Innovation type: Payments, mobile and tablet UI
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Holvi replaces the plain old bank account with a current account built from the ground up for group activities. It helps customers collect more money, better understand their finances, and save time for their core activities. Customers include event organisers, sports clubs, and student associations and they can do all their banking with Holvi, without needing another bank account. 
Holvi is regulated as a payment services provider by the Finnish Financial Supervisory Authority (FIN-FSA), and it has the necessary banking partnerships in place to operate payment accounts for customers on a pan-European basis.
Innovation type: Banking, online UI, payments

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Facebook logins are crucially important. Online banking logins are severely difficult to remember. Can something be done about this and still meet the highest standards of identity security? 
Ping Identity will show you how to deliver the best login experience to your prospects and customers. Don’t turn them away with form filling and repetitive password requirements. Give them access to your financial networks and partners. Build trust and relationships with your customers.
Innovation type: Identity, marketing, security
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Meniga is expanding its PFM solution to add a new, highly user-centric layer on top of traditional online/mobile banks. 
The interface de-emphasizes real accounts and actual balances and instead shows “uncommitted balance” and virtual accounts. It also allows users to automate routine tasks and includes an alert framework designed to bring peace of mind by alerting users before bills go unpaid or before any account’s balance becomes too low to meet commitments and forecasted expenses.
Innovation type: Online UI, Payments, PFM
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Investing is scary. I can invest, but I forget to buy or sell or rebalance. My financial advice has been useless. I want to be in control of my finances. I know I should be doing more with my money. 
Nutmeg knows that investing is about more than money. It’s a passport to the life you want. That opportunity shouldn’t be reserved just for the wealthy, or just for those in-the-know.
Nutmeg asks, what if investing were simple and beautiful? And what if everyone could do it?
Innovation type: Investing, online UI, PFM
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Banks around the globe have really struggled to understand how they can leverage the power of Facebook. 
Serverside has developed a new and unique way to leverage Facebook in an exciting and engaging manner that drives real brand value, loyalty and engagement from your customers.
Innovation type: Cards, marketing

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Going paperless saves money and improves customer service. However, most customers are not switching off paper because the registration process is inconvenient, complicated and results in having to remember another username and password and to fetch the document every month.
Striata’s eConsent puts you in control of the paperless conversion process. Its clients are exceeding their paperless objectives and achieving a positive ROI in a matter of months.
Innovation type: Back office, communications, marketing

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What would make the biggest impact on the way you manage cash flow and financing? Improved processes? Streamlined operations? Or maybe more flexibility in the way you manage payment terms with suppliers?
Things change. Shift happens. Tradeshift has already transformed invoicing, now its doing the same with supply chain finance. 
Innovation type: Back office, payments, small business