Fiserv

Finovate Alumni News

By Julie Muhn (@julieschicktanz) Posted on
Categories: Arroweye Solutions, Avoka, Blackhawk Network, Braintree, FIS, Fiserv, Malauzai, Markit, PayPal, Simple, ValidSoft, Wealthfront

On Finovate.com

  • “Malauzai Launches New Version of Banking Software”

Around the web

  • Aurionpro integrates ValidSoft voice biometrics as an authentication layer.
  • Arroweye Solutions to provide digital on-demand prepaid cards for Marqeta.
  • Blackhawk Network acquires Extrameasures, a prepaid consumer promotions and incentives company.
  • PayPal’s Braintree Authorization launches to bring its payments platform to more merchants, service providers.
  • The Financial Brand looks at the breakdown of Simple’s customer numbers.
  • Avoka and eSignLive partner to enable 100% digital customer acquisition.
  • Wealthfront 3.0 features a new dashboard; software and API integrations with Coinbase, Venmo, and Lending Club.
  • Texas Dow Employees CU, Thrivent FCU, and Neighbors FCU go live with core processing platform from Fiserv.
  • FIS gains accreditation to provide access to faster payments.
  • Markit unveils new Common Reporting Standard (CRS) solution for tax residency identification and due diligence.

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.

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Finovate Alumni News

By David Penn Posted on
Categories: BanQu, Empyr, Fiserv, Lending Club, Neustar, OutsideIQ, RAGE, Tradeshift, TransCard, wipro

On Finovate.com

Check out today’s FinovateSpring 2016 Sneak Peek posts:

Around the web

  • Wipro names PayPal executive Patrick Dupuis at its latest board member.
  • Tradeshift announces partnership with Chinese taxation services provider, Baiwang.
  • Bank of Ceylon upgrades core accounting processing platform and front-end teller system with technology from Fiserv.
  • Lending Club joins Millennium Alternative Investment Network.
  • Rage Frameworks deploys traceable “deep learning” tech, Rage AI.

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.

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Finovate Alumni News

By David Penn Posted on
Categories: Blackhawk Network, eWise, Feedzai, Finicity, Fiserv, Intuit Developer Group, InvestGlass, Jumio, Kony, Markit, PayPal, Quantopian, Qumram, Ripple, StreetShares, Trustly, ZeroDB

On Finovate.com

  • “Finovate Debuts: InvestGlass Built a Robo-Adviser for Advisers”
  • “Intuit Developer Group Drops Financial Data APIs; Partners with Finicity to Ease Transition”
  • “Qumram Raises $2.5 Million to Bring Website Recording to North America & U.K.”

Around the web

  • Ripple opens new office in London.
  • Markit and IHS announce $13 billion merger agreement.
  • Quantopian to launch in Australia.
  • Vibrant Credit Union converts to DNA account-processing platform from Fiserv.
  • Finextra interviews James Redfern, eWise’s global head of sales.
  • PayPal’s Dan Schulman travels to Cuba to see how it can work with the country’s small businesses.
  • Kony updates Kony Visualizer 7.0, releases free starter edition.
  • StreetShares announces SEC approval for Regulation A+ deal.
  • The Evening Show with Simon Rose interviews Trustly’s Chief Commercial Officer.
  • Blackhawk Network’s CEO Talbott Roche receives PYMNTS Innovator Award for “Women Driving Innovation in Payments.”
  • VICE’s Motherboard features ZeroDB. See them live at FinDEVr 2016 on March 29 and 30.
  • Jumio sells assets to Facebook co-founder and early backer, Eduardo Saverin.
  • The Paypers interviews Nuno Sebastiao of Feedzai.

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.

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Finovate Alumni News

By Julie Muhn (@julieschicktanz) Posted on
Categories: BBVA Compass, Betterment, Credit Karma, Dwolla, EyeVerify, Fiserv, Mitek, ProfitStars, TSYS, WorldPay, Xero, Zooz

On Finovate.com

  • “Pamela Joseph Tapped as New President, COO at TSYS“
  • “Wells Fargo to Deploy Biometric Authentication Technology from EyeVerify“

Around the web

  • PYMNTS reports: Worldpay transactions up 14% post-IPO.
  • Mitek launches mobile deposit in the United Kingdom with other countries to follow.
  • Dwolla’s Jordan Lampe contributes TechCrunch article about the state of faster payments in the United States.
  • Fiserv adds new features to its Unified Wealth Platform.
  • Jack Henry’s ProfitStars division unveils its ECS RDC conversion technology.
  • Betterment to extend account aggregation to all its customers.
  • BBVA Compass introduces Sandra Lee as brand ambassador to its BrightFutures platform.
  • Zooz reports that Gett, an on-demand taxi service, now routes global transactions through its platform.

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.

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Finovate Alumni News

By David Penn Posted on
Categories: Blackhawk Network, Bluefin Payment Systems, Cachet Financial Solutions, Check, Coinbase, Dream Payments, Fiserv, Guardian Analytics, Insuritas, iSignthis, Klarna, Motif Investing, PayPal, Pindrop Security, Qapital, Roostify, SecondMarket

On Finovate.com

  • Dream Payments Unveils Mobile Merchant Platform for Banks and Acquirers.
  • Blackhawk Network Names Talbott Roche New CEO.
  • Coinbase and Motif Investing Earn Spots on Fast Company’s Most Innovative Companies of 2016 List.

Around the web

  • Fiserv named to Fortune magazine’s list of the World’s Most Admired Companies in 2016.
  • Pindrop launches its comprehensive call center fraud-prevention platform, IVR Anti-Fraud.
  • Sussex County FCU picks Insuritas to deploy new insurance agency solution.
  • iSignthis‘ paydentity KYC service is suitable for use by businesses in the regulated sector of the Isle of Man, a global financial hub.
  • Inc. profiles Sweden’s Klarna and its plans for U.S. expansion.
  • Co-founded by former Check CMO Daniel Kjellen, MovoCash announces $700,000 seed investment.
  • Ingo Money partners with PayPal, adds instant check-splitting.
  • Roostify to integrate with zipLogix to facilitate communication between lenders and realtors.
  • American Banker features SecondMarket.
  • Bluefin Payment Systems and Worldnet partner for PCI-validated P2PE on Worldnet’s payment platform.
  • Cachet appoints new Chief Financial Officer Bryan Meier.

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.

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Finovate Alumni News

By Julie Muhn (@julieschicktanz) Posted on
Categories: CopSonic, Corezoid, Currency Cloud, Dashlane, DriveWealth, Entersekt, Fiserv, GMC Software Technology, Kasasa, LockByMobile, PayPal, Xero

On Finovate.com

  • “Best of Show Winner DriveWealth Inks New Partnership with Stoxs”
  • “CopSonic and Natixis Team Up to Launch UltraSound Payment Solution, SwipeSonic”
  • “PayPal Unveils Carrier Partnerships, NFC Payment Capability”

Around the web

  • LockByMobile is working with Visa APIs to enhance consumer transaction controls.
  • Kasasa launches new auto loan direct marketing program, Kasasa Fuel.
  • GMC Software teams up with SundaySky to improve customer experiences via video.
  • Fiserv announces that 25 credit unions have committed to CUnify, its account processing platform.
  • Corezoid is among the first Ukranian startups to participate at Startup Grind (in Ukranian).
  • Xero teams up with Google, bringing gmail and Google Apps for Work to its platform.
  • Dashlane web engineer Thomas Guillory explains why his company is building its next web app using React.js.
  • FirstBank to deploy Transakt, a multi-factor authentication technology from Entersekt.

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.

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Fiserv Announces New CFO, Robert Hau

Fiserv Announces New CFO, Robert Hau
By David Penn Posted on
Categories: Fiserv

Fiserv_homepage_Feb2016

Three things for fintech fans to look forward to in March:

  1. The beginning of March Madness NCAA college basketball tournament
  2. The launch of FinDEVr New York 2016
  3. The end of a first quarter flurry of announcements

Fiserv_RobertHauAnd one big first-quarter announcement is a new appointment at Fiserv. The company has named Robert Hau as its new Chief Financial Officer. Hau, formerly a TE Connectivity executive, will take the helm on March 14. Hau replaces Tom Hirsch who is retiring after a 21-year career with the company.

Fiserv CEO and president Jeffery Yabuki credited Hau’s experience as a public company CFO at TE Connectivity, and his “strong operational approach to finance.” Before TE Connectivity, Hau was EVP and CFO for Lennox International and, previously had served in a variety of capacities at Honeywell International, including CFO of the company’s Aerospace Business Group.

Hau has a master’s degree in business administration from the USC Marshall School of Business, and a bachelor’s degree from Marquette University.

Recent headlines for Fiserv include the company’s purchase of ACI Worldwide’s Community Financial Services division for $200 million in January, and deployments of the company’s DNA core account processing technology at United Nations Federal Credit Union ($4.3 billion in assets) and Gate City Bank ($1.9 billion in assets). In its most recent Finovate appearance at FinovateFall 2015, Fiserv demoed its technology that enables cash ATM withdrawals by smartphone.

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Finovate Alumni News

By Julie Muhn (@julieschicktanz) Posted on
Categories: ACI Worldwide, AdviceRobo, Billhighway, eWise, Fiserv, Lending Club, NICE Systems, planwise, Prosper, SafetyPay, Temenos, wipro

On Finovate.com

Around the web

  • AdviceRobo nominated to European Fintech 100 rankings.
  • KeyBank selects NICE Actimize for Enterprise Fraud Solutions.
  • ACI Worldwide announces joining real-time payment initiative launched by The Clearing House.
  • Temenos reports 23% profit gain in FY 2015; says developed markets driving growth.
  • Wipro buys U.S.-based HealthPlan Services for $460 million.
  • ProgrammableWeb features Planwise in its Daily API RoundUP.
  • Prosper raises rates on loans.
  • SafetyPay reports 2015 growth: opened offices in Chile and Ecuador, now operates in 19 countries.
  • Lending Club now offers TurboTax integration for Form 1099s.

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.

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Finovate Alumni News

By David Penn Posted on
Categories: Ayasdi, Azimo, Context Relevant, Digital Insight, Fiserv, WorkFusion, Xero, Xignite

On Finovate.com:

  • Xignite Raises $20 Million in New Partnership with Tokyo’s QUICK Corporation.

Around the web:

  • Tandem, a British banking startup launched by Azimo co-founder Ricky Knox, selects the Agility platform from Fiserv.
  • Barclays and Xero forge strategic partnership.
  • Indiana’s Old National Bank completes online and mobile-banking transition to Digital Insight.
  • Let’s Talk Payments features Ayasdi, Context Relevant, and WorkFusion in a roundup of startups helping companies innovate with artificial intelligence.

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.

 

 

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Finovate Alumni News

By David Penn Posted on
Categories: CurrencyFair, eToro, Fiserv, Misys, Ripple, Sparkroom, Taulia

On Finovate.com:

  • Former HP Exec Rob Binns Appointed New CFO at Misys.
  • Ripple Partners with SBI Holdings to Meet Demand in ASEAN Countries.
  • Sparkroom Acquired by Digital Media Solutions.
  • Finovate Alums Raise More Than $3 Billion in 2015.

Around the web:

  • United Nations Federal Credit Union ($4.3 billion in assets) to deploy DNA core processing platform from Fiserv.
  • Which.co.uk compares money transfer innovators like CurrencyFair to banks to find the best way to send money overseas.
  • eToro launches its first, major UK advertising campaign: “Take the Bull by the Horns.”
  • Taulia Wins GABA’s 2016 Startup and Innovation Award.

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.

 

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Finovate Alumni News

By David Penn Posted on
Categories: Algomi, Check Point, Credit Karma, Experian, Featurespace, FIS, Fiserv, IDscan Biometrics, ITSector, Mitek, Personetics, Pindrop Security, SBDA Group, SizeUp, Venmo

On Finovate.com

  • “Mitek Partners with Harland Clarke to Improve RDC Security”
  • “Pindrop Raises $75 Million for Phone-printing Authentication”

Around the web

  • Gate City Bank ($1.9 billion in assets) chooses DNA core account processing platform from Fiserv.
  • Powered by FIS, the Venture Center is now accepting applications for its VC Fintech accelerator.
  • Venmo adds in-app merchant payments.
  • Algomi wins Risk Magazine’s “Trading Technology Product of the Year for the Buy-Side” for a second year in a row.
  • Experian enhances Small Business Credit Share program.
  • Credit Karma surpasses milestone: serves 50 million users who use Credit Karma to manage $3 trillion in debt.
  • Check Point releases new hardware to address cyber security and protection.

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.

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Fiserv Buys ACI Worldwide’s Community Financial Services Division for $200 Million

Fiserv Buys ACI Worldwide’s Community Financial Services Division for $200 Million
By Julie Muhn (@julieschicktanz) Posted on
Categories: Fiserv

Financial services solutions provider Fiserv (NASDAQ: FISV) has agreed to purchase the Community Financial Services (CFS) arm of ebanking and payment solutions provider ACI Worldwide (NASDAQ: ACIW).

Fiserv, which reported 2013 revenues of $4.8 billion, will pay $200 million cash for CFS.

ACIWW

Included in the transaction are CFS clients as well as the company’s employees, who will join Fiserv’s workforce of 21,000.

The highlight of the deal, however, seems to be the technology. Jeffery Yabuki, Fiserv President and CEO states, “We are pleased to add these strong digital banking capabilities which will further enable financial institutions to serve their customers in today’s dynamic world.”

CFS solutions include:

  • ACI’s Architect Banking
  • SSB Internet Banking
  • WebFederal Internet Banking and Advantage Internet Banking solutions
  • Advantage Consolidated Bank Bill Pay
  • ACI Defense Services

The deal is expected to close sometime this quarter, subject to regulatory approval.

placeitCardFreeCash

Wisconsin-based Fiserv recently debuted its Mobiliti Enterprise at FinovateFall 2015. In the demo, the company showed how a user can withdraw cash from an ATM without a card by using wearable devices connected with iBeacons inside the ATM.

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