Finovate Alumni News

On Finovate.com

  • “FinovateFall 2015: Mapping Fintech’s International Neighborhood”

Around the web

  • Feedzai teams up with Socure to combine social biometrics with fraud-risk scoring. See Socure at FinovateFall 2015 in New York City next week.
  • Moven CEO Brett King joins the advisory board for Jumio.
  • Fiserv joins Visa, Citi, Nasdaq, and Capital One in $30 million funding of blockchain startup, Chain. Join Fiserv in New York City next week for FinovateFall 2015.
  • iSignthis confirms the adequacy of its KYC services for use by financial institutions in the U.S.

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

  • “Last Call! FinovateFall Tickets Going … Going … “
  • “FinovateFall 2015: Mapping Fintech’s International Neighborhood”

Around the web

  • The Forrester Wave: Omnichannel Banking Solutions report recognizes Backbase as leader.
  • BizEquity signs contract with Security Mutual Life Insurance Company of New York.
  • North American retailer Newegg chooses Payoneer to simplify its cross-border payments.
  • Zopa and Nostrum Group earn spots on The Sunday Times Tech Track 100 roster.
  • Philippine bitcoin-remittance service Rebit teams up with mobile money-transfer specialist, ZipZap.
  • Let’s Talk Payments looks at Wealthfront and Betterment in a discussion on the effectiveness of robo-advisers.

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.

FinovateFall Sneak Peek: Fiserv

FinovateFall Sneak Peek: Fiserv

Fiserv_homepage_FF2015

The Sneak Peek series looks at the innovators demoing live on stage at FinovateFall 2015. Be sure to pick up your tickets to our annual autumn conference, and we’ll see you in New York!

Fiserv_logo_FF2015Fiserv delivers deep expertise and innovative solutions to help financial institutions, businesses, and consumers move and manage money faster and with greater ease than ever before.

Features of Fiserv:

  • Card-free cash withdrawal from ATM
  • Banking alerts on wearable device
  • Location services with iBeacons/BLE to identify when user is in vicinity of ATM

Why it’s great
By using proven mobile banking and payments technologies from Fiserv, financial institutions can deliver a rich and compelling banking experience across digital and physical channels.

Presenters

Fiserv_D_Carr_FF2015Andrew Barnett, Technical Sales Consultant, Principal
(not pictured)

David Carr, Innovation Manager
LinkedIn

 

FF2015BannerNoDate

Finovate Alumni News

On Finovate.com

  • “The Next FinTech Unicorn? Rumored $150 Million Heading to Kabbage
  • “Reparo Loves Mambu: Partnership Brings New Loan Options to UK SMEs”

Around the web

  • Datamonitor looks at how “wealth giants” are responding to the challenge of robo-advisors like Betterment.
  • Atom Bank chooses front-office technology from Intelligent Enviornments and back-office technology from FIS.
  • Fujitsu’s PalmSecure biometric technology comes to Fiserv’s DNA account-processing platform.
  • e27 reviews technologies like LoopPay and the prospects for digital wallet use in Asia.
  • Brian Armstrong, Coinbase CEO, says bitcoin will be the world’s reserve currency within 15 years.
  • The Telegraph highlights Zopa in its look at the safety of peer-to-peer lending.
  • Kony launches the latest version of its mobile backend-as-a-service (MBaaS) solution, Kony MobileFabric 6.5.
  • Fox Business News interviews Realty Mogul founder and CEO Jilliene Helman.
  • itBit hosts Bankchain Discover Summit for financial industry professionals.

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

  • Finovate Debuts: Token Creates a Secure Payment Ecosystem

Around the web

  • PYMNTS chats with Ripple Labs CEO Chris Larsen, co-founder.
  • Forbes lists Transferwise as 1 of 3 fintech startups you should know.
  • Inc. names Planwise, Trulioo, WePay, Flint in its look at the evolution of fintech.
  • After launching with Tradier, QuantConnect saw a 300% jump in user-engagement signals, including traffic, coding and backtesting.
  • Fiserv expands card-production capabilities to speed EMV chip-card migration.
  • TechCrunch column on fintech startups features Lending Club and LearnVest.
  • PYMNTS.com quotes LoopPay CEO Will Graylin in a discussion of how Apple, Google, and Samsung “pitch payments.”
  • Market Prophit adds Nasdaq Last Sale real-time data to its analytics platform.
  • Queens Gazette columnist calls MaxMyInterest “a way to get back at the banking industry for their pitifully low interest rates on savings.”
  • The Financial Times’ review of P2P lending for business and consumers features Zopa.
  • Ernst & Young name TransferWise co-founders Taavet Hinrikus and Kristo Käärmann “Entrepreneurs of the Year” for 2015.
  • Great Friday reading material! Draft co-founder Brad Lawler describes how he was inspired by Finovate.

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

  • SumUp Unveils New Financing of Undisclosed Amount
  • FinDEVr 2015: First Round of Presenting Companies Revealed
  • Ixaris Launches Initial Phase of Open Payment Ecosystem (OPE) Project

Around the web

  • Prosper to charge fee for investors who bundle loans into bonds.
  • Spreedly now supports third-party tokens.
  • US Bank signs five-year renewal for Fiserv digital payment suite, including CheckFree RXP, Popmoney, and TransferNow solutions.
  • LendingTree announces new CFO, COO, CTO, and CRO.
  • PYMNTS.com interviews Jonathan Hancock, TSYS director of fraud-management solutions.
  • Lending Robot launches new, default ‘fully automated’ mode, that allows users to set a risk profile on a slider bar.
  • Lending Club partners with nonprofit Opportunity Fund to feed loans rejected by Lending Club.
  • Backbase set to launch its first hackathon, 19/20 June 2015.
  • EuroNews features Kabbage, Lending Club, and On Deck.
  • Actiance launches Actiance Trusted Communities to enable companies to communicate with counterparts while meeting regulations.
  • Blackhawk Network to acquire Achievers Corp.
  • Global Debt Registry makes Account Extinguishment Reports (AERs) available free to consumers using its Debt Lookup service.
  • Top Image Systems Achieves Certification with PaperStream IP Image Enhancement Solution.

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

  • Bright Funds Closes Seed Round with $1.8 Million Investment
  • Zooz Launches Insights to Give Merchants Actionable Intelligence on Customer Behavior

Around the web

  • APCI Federal Credit Union to deploy core processing technology from Jack Henry & Associates’ Symitar division.
  • EU Startups interviews Sebastian Diemer, Kreditech CEO.
  • New COO David Obrand leads team of new executive hires at Radius.
  • Shell Geismar Federal Credit Union chooses account processing platform from Fiserv.
  • Mambu enhances platform to help smaller FIs manage the requirements of lending to SMEs.
  • Techli St. Louis features Hip Pocket as 1 of 3 finalists for its most promising startups award.
  • Glassdoor ranks Lending Club CEO Renaud Laplanche as one of the highest-rated CEOs for 2015.
  • Hedge funds can run but not hide from disruptors like HedgeCoVest and DarcMatter, according to Daily Fintech.

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.

Ask Finovate: Who’s Who in Voice-banking Technology?

Ask Finovate: Who’s Who in Voice-banking Technology?

Telephone with piggy bank – call for help

A few days ago, we received a query from a Finovate follower:

“Can you please provide a list of companies that have demoed their voice-banking technology over the last few years?”

Interesting question! We trolled through our archives and here’s what we found.

When it comes to voice banking, ebankIT (FinovateEurope 2015); Interactions (FinovateEurope 2014); and ETRONIKA (FinovateEurope 2014) have all demonstrated innovative voice-banking technologies on the Finovate stage in recent years. It may not be a coincidence that all three companies won Best of Show awards for those demonstrations, as well.

ebankIT_FEU2015_stage

ebankIT Director Joao Lima Pinto and Omnichannel Specialist Paulo Oliviera demonstrated omnichannel social banking at FinovateEurope 2015 in London.

Another company worth mentioning is Finantix. The three-time Finovate veteran demoed its Smart Banking Assistant which responds to commands and queries posed in natural language, and is a part of the company’s Finantix Sharp multichannel platform.

Larger alums also have made inroads into voice banking. This cohort includes Fiserv, whose Voice Response for DNA solution is providing voice-banking services to a growing number of FIs, including credit unions, and ACI Worldwide, specializing in providing voice banking technology to community FIs via its Voice Banking suite within the ACI Self-service Banking platform.

Interactions_FS2014_stage

Interactions Marketing Manager Dan Fox demoed conversational solutions for banks and FIs at FinovateSpring 2014 in San Jose.

A number of Finovate alums have built and deployed voice-banking technologies, while emphasizing on stage only a small component of that technology, such as real-time authentication. These companies include NICE Systems (most recently at FinovateEurope 2015 and a Best of Show winner at FinovateFall 2014) and Q2ebanking (FinovateSpring 2011).

Also, many alums have focused on voice biometrics as an authentication solution without being a full voice-banking-platform provider. These companies include Canada’s VoiceTrust (FinovateEurope 2013); Great Britain’s ValidSoft (FinovateSpring 2013); Best of Show winners AnchorID (FinovateFall 2014) and BehavioSec (most recently at FinDEVr 2014) from New York and Sweden, respectively.

ETRONIKA_FEU15_stage

ETRONIKA CEO Kęstutis Gardžiulis and Head of Marketing Asta Sabaite demonstrated BANKTRON at FinovateEurope 2014.

Additionally, a handful of alums have developed technologies that complement voice banking. SayPay Technologies made its Finovate debut in London this year with a voice-driven bill-pay solution. IntelliResponse, which was recently acquired by [24]7 for its customer service chat resources, last deployed its virtual agent technology at Bank of Internet USA, adding the oldest internet bank in America to its roster of more than 450 deployments across more than 150 brands and institutions.

There is an even broader field of companies that leverage voice technologies to help consumers make payments and transfer money, manage their finances, and even direct investments. Some of these companies, e.g., Credit Sesame, are using Siri-like functionality to improve the customer experience, while others such as mBank are combining voice and video to bring customers real-time assistance from live agents as opposed to virtual ones.

Is there a Finovate alum we left out? If you’re an alum with interesting innovations in the field of voice banking, send us an email at research@finovate.com, and tell us all about it.

Finovate Alumni News

On Finovate.com

  • MoneyHub: From Award-winning Startup to Enterprise-based Solution

Around the Web

  • Lending Club highlighted in FT Journal feature on “trickle-down innovation” in fintech.
  • Columbus Business First talks about Klarna CEO Brian Billingsley’s appearance on Jim Cramer’s Mad Money TV program.
  • Inman features Silanis Technology in a column on the growing use of e-signatures in mortgage lending.
  • Fort Community CU upgrades its Malauzai Software mobile SmartApp to support local rewards program.
  • Cinfed Federal CU hires Insuritas to launch its turnkey insurance agency solution.
  • FundAmerica launches its Invest Now button to provide compliant, friction-free capital-raising for crowdfunding platforms.
  • QuantConnect to offer its algorithmic trading platform via Tradier’s API.
  • Zooz and PayItSimple participate in Visa Europe Collab’s “100-Day Innovation Sprint.”
  • RealEstateTechNews takes a look at Realty Mogul and the launch of its new commercial real estate lending division.
  • Bank of the West redesigns, launches online banking service but on the Corillian Online platform from Fiserv.

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

  • Bitcoin-based P2P Lending Platform Bitbond Raises $670,000
  • WePay Closes $40 Million Series D Round Led by FTV Capital
  • Misys Launches FusionBanking Essence Islamic

Around the web

  • SEKUR Me debuts Apple Pay for online purchases featuring universal buy-button and one-click mobile payments.
  • Intuit launches Sync with PayPal to help SMBs simplify tasks with QuickBooks online data-integrations.
  • LifePay announces plans to expand into Southeast Asia in wake of ipoxPro acquisition.
  • The Guardian highlights Azimo as a “well-established” alternative to banks regarding money-transfer overseas.
  • NYSE’s new Bitcoin Index is powered by Coinbase.
  • Anheuser-Busch Employees Credit Union to deploy online- and mobile-banking solutions from Digital Insight.
  • Merck Sharp & Dohme Federal Credit Union adds processing and additional solutions from Fiserv.
  • Community Banks and Credit Unions go live with Touch ID in mobile banking through Malauzai Software.
  • Arxan appoints Sam Rehman as chief technology officer.
  • Nerdwallet features Seattle-based Lighter Capital.
  • Bankless Times talks with Brock Blake, Lendio CEO, about the company’s success.
  • PayNearMe to offer its cash payment service to Telinta’s service-provider customers.

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

  • Digital Insight to provide Touch ID functionality in mobile banking apps.
  • Coinbase unveils its bitcoin exchange and wallet service in the U.K.
  • The Currency Cloud appoints former Deutsche Bank CIO, Mitchel Lenson, to non-executive director.
  • Green Dot Bank chooses MasterCard as its transaction processor and network gateway.
  • Columbia Bank picks Fiserv DNA for its account-processing platform.
  • The Finanser interviews CEO and co-founder of Ripple Labs, Chris Larsen.
  • AMP Credit Tech launches Amplifi Capital to directly finance unsecured loans to under-served small businesses in the U.K.
  • Expensify debuts new automatic statement-reporting feature.
  • ComputerWorld: SocietyOne makes case for peer-to-peer lending.

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

  • LendKey to Power Online Student Lending at Navy Federal Credit Union. See LendKey at FinovateSpring 2015 in San Jose in May
  • Credit Karma Now Serves Americans with Thin Credit Files

Around the web

  • D3 Banking taps Jeffrey Hale as chief business development officer.
  • Business & Leadership features “Irish success story” Trustev and its CEO and co-founder, Pat Phelan.
  • MarketWatch looks at Betterment, Blooom, FutureAdvisor, Motif Investing, and Wealthfront in its column on the “battle” between human and robo-advisers.
  • Northwest Community Credit Union to deploy Portico from Fiserv.
  • Wallaby Financial launches Wallaby for Apple Watch.
  • TSYS enables full-service payment-processing for American Express OptBlue program.
  • Bazaarvoice hires Sara Spivey as its new chief marketing officer.
  • WSJ mentions StockTwits’ role in social media for investing.
  • Fierce Finance IT: Tradier’s API platform sees explosion of firms looking to build robo-advisers.
  • Linkable Networks launches Omnyverse affiliate network with digital offers, promotions and incentives.
  • InComm enables Budget Mobile to offer Airfair Lifeline Reload services through 90,000 retail stores.

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.