Finovate Global: Vymo Launches in Vietnam; ZagTrader Helps FIs Go Crypto

As Finovate goes increasingly global, so does our coverage of financial technology. Finovate Global: Fintech News from Around the World is our weekly look at fintech innovation in developing economies in Asia, Africa, the Middle East, Latin America, and Central and Eastern Europe.

Middle East and Northern Africa

  • ZagTrader and BeQuant team Up to help institutions go crypto.
  • Temenos partners with Saudi Arabia’s Al Rajhi bank.
  • Emirates NBD to work with Intellect Design Arena for a planned digital transformation of its transaction banking platform.

Central and South Asia

  • BankBazaar announces partnership with Ujjivan Small Finance Bank for Personal Loans.
  • Victoria Commercial Bank Kenya goes live with corporate banking technology powered by i-exceed’s Appzillon.
  • Aurora interviews Bernhard Klemen, international partner with venture capital fund Sarmayacar on opportunities for venture financing for Pakistani fintech startups.

Latin America and the Caribbean

  • German challenger bank N26 announces plans to expand to Brazil.
  • BBVA Colombia looks at its role in helping promote fintech innovation in Peru. In Spanish.
  • FXCompared profiles Argentina-based PayPal rival, MercadoLibre.

Asia-Pacific

  • Leading Vietnam-based consumer finance firm, FE Credit, chooses Vymo’s AI-powered personal sales assistant.
  • Bambu and CredoLab earn spots on Fintech News Singapore’s 29 Hottest Fintechs in Singapore 2019 roster.
  • Accenture and nCino partner to better serve FIs in the Asia-Pacific and EMEA regions.

Sub-Saharan Africa

  • Tymebank goes live with core banking tech from Mambu.
  • Nigerian digital banking solution provider TeamApt raises $5.5 million in funding.
  • South Africa’s Standard Bank to launch private cloud-based distributed ledger platform for payments and settlement.

Central and Eastern Europe

  • Russia’s Tinkoff Bank joins the country’s Faster Payments System.
  • Ukraine finishes its pilot project, begun in December, in support of its national digital currency, the e-hryvnia.
  • UK-based Rimilia and Association of Credit for Central and Eastern Europe to promote adoption of AI-based technologies to automate AR in the CEE region.

Top image designed by Freepik

Finovate Alumni News

On Finovate.com

  • CoverHound to Help Intelligent Customers to Shop Around for Renter’s Insurance.
  • AlphaPoint to Power DCEX, an XRP-Based Currency Exchange.
  • ebankIT to Power Digital Banking for Coast Capital.

Around the web

  • Fiserv forges strategic alliance with cybersecurity firm, BlueVoyant.
  • mBank and Commerzbank to launch pan-European challenger bank.
  • Gartner recognizes i-exceed as a “Niche Player” in its Magic Quadrant for Mobile Application Development Platforms (MADP).
  • Finance Magnates features a profile on the Ledger Nano S hardware wallet.
  • Caja Sullana leverages credit scoring from LenddoEFL to provide young entrepreneurs access to credit.
  • Insuritas to launch a member owned insurance agency for America’s Credit Union and its 47,000 members.
  • NIIT Technologies recognized as ‘Star Performer’ on the 2018 Everest Group PEAK Matrix Insurance Application Services.
  • Glassdoor ranks Kasasa CEO Gabe Krajicek 45th in the Top 50 CEOs at Small and Medium Companies in the United States.

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: i-exceed

FinovateFall Sneak Peek: i-exceed

A look at the companies demoing live at FinovateFall on September 11 through 14 in New York. Pick up your tickets today and save your spot.

i-exceed is a fintech company that is redefining digital banking with its unique combination of award-winning, pre-built Appzillion Digital Banking apps and Appzillion Development Platform.

Features

  • Micro App Architecture: the new way to build digital banking solutions
  • Customizable apps that empower business users
  • End-to-end development automation

Why it’s a must-see
Use i-exceed’s pioneering digital banking architecture to launch new services and features to your existing apps in record time without having to do a full upgrade of your existing apps.

Presenters

Anshuman Nayyar, Vice President
Nayyar has extensive experience deploying innovative solutions in large financial solutions across the globe. He has built and deployed large-scale systems for personal, corporate, and digital banking.
LinkedIn

Karthik Sivaprakasam, Vice President
Sivaprakasam drives the architecture and solutions strategy for the Appzillion product and leads new SDK initiatives for Appzillion. He works with Tier 1 banks, assisting them in their digital transformations.
LinkedIn

Finovate Alumni News

On Finovate.com

  • Emailage Raises $10 Million in Round Led by Anthos Capital.

Around the web

  • Federacion Nacional de Cooperativas de Ahorro y Credito selects core banking technology from Temenos.
  • Azimo introduces “one hour or less” cash pick-up services in the Philippines.
  • ING Bank in Czech Republic to deploy decision management software from FICO.
  • Virtual StrongBox secures 5th patent for secure document exchange technology.

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

  • Mountain America CU Chooses Digital Banking Platform from Alkami Technology.

Around the web

  • i-exceed to power CANDI, a fully digital banking branch of Canara Bank. Come see i-exceed demo at FinovateFall next month.
  • PYMNTS.com highlights Flywire’s progress in Asia.
  • SocietyOne Celebrates Five Year Anniversary Of Helping Customers.
  • Visions FCU Implements Gro Solutions’ Digital Sales Platform to streamline new member acquisition. Check out Gro Solutions at FinovateFall next month.
  • First Alliance Credit Union Latest to Implement Larky Engagement Platform.
  • Fenergo earns top spot in the 2017 RegTech Performance Report for second year in a row.
  • Chase and OnDeck agree to continue collaboration on small business lending solutions.
  • NICE unveils its compliance recording solution, NICE Compliance Center.
  • Eugene Danilkis, CEO and co-founder of Mambu, talks digitization, credit scoring, and lending to small businesses.

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.

FinDEVr APIntelligence

FDLD17_EventLogoV1_wdate(large) (1)We saw some great stuff at FinDEVr New York last month; stay tuned for videos of the live presentations! If you missed out, check out FinDEVr London on June 12 & 13 during London Tech Week. Register today and save big time.

On FinDEVr.com

  • Xero sees $26.4 Million investment

Alumni updates

  • Money management app, TD MySpend from TD Bank, closes in on one million users.
  • ACI Worldwide broadens its relationship with Ant Financial Services mobile payment provider, Alipay.
  • PayPal teams with Android to launch a new way to pay.
  • i-exceed earns Gartner Magic Quadrant recognition as notable vendor in Asia Pacific for mobile app development platforms.
  • Former Kabbage CTO Amala Duggirala joins Regions Bank as its new CIO.
  • FICO announces partnership with economic empowerment non-profit, Operation HOPE.
  • Forrester names Kofax a leader in ECM transactional content services.
  • OutSystems launches global partner program, connecting integrators, resellers, and consultants to its low-code development platform.

Stay current on daily news from the fintech developer community! Follow FinDEVr on Twitter.

Finovate Alumni News

On Finovate.com

  • Coca-Cola Credit Union Chooses Bankjoy as New Mobile Banking Partner.
  • What’s in it for Me? Real Estate Investment Technology: A comparison of Realty Mogul, CK Mack, Patch of Land, and other real estate investment platforms.

Around the web

  • GMC Software announces new partner advantage program.
  • Uniken appoints Nishant Kaushik as Chief Technology Officer.
  • i-exceed earns Gartner Magic Quadrant recognition as notable vendor in Asia Pacific for mobile app development platforms.

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.

FinovateEurope Sneak Peek: i-exceed Technologies

FinovateEurope Sneak Peek: i-exceed Technologies

i-exceed_homepage_January2017

Screen Shot 2017-01-23 at 4.27.53 PMA look at the companies demoing live at FinovateEurope on the 7 and 8 of February 2017 in London. Pick up your tickets today and save your spot.

Appzillon Digital Banking from i-exceed provides pre-built, omni-channel solutions for all stakeholders of banks and helps around 50 banks worldwide in their digital transformation journey.

Features

  • Omni-channel solutions with superior user experience
  • Low-code platform enables automated development and facilitates DevOps
  • Post-app features like built-in chatbots and social media banking

Why it’s great
Going digital is not about targeting retail customers alone. Appzillon enables banks to provide digital experience to all stakeholders including corporate customers and internal staff.

Presenters

Karthik Sivaprakasam, VP Solution Engineering and Partnerships
Sivaprakasam is responsible for Appzillon’s architecture and solutions strategy and leads new SDK initiatives for the platform. He has worked extensively with global banks on their digital transformations.
LinkedIn

Rahul Khanna, Manager, Marketing
Khanna heads product marketing for Appzillon. He has worked widely on digital banking and app development and is addicted to bringing innovative products to global markets.
LinkedIn

Finovate Alumni News

On Finovate.com

  • WorkFusion Closes $35 Million in Funding

Around the web

  • Klarna teams up with ASOS Partners to bring “pay after delivery” to Nordics.
  • Luxembourg’s Rakuten Europe Bank goes live with core and digital banking technology from Temenos.
  • Wipro to acquire Brazilian IT banking services provider, InfoSERVER.
  • Let’s Talk Payments interviews Kontomatik CEO Marcin Truszel.
  • Financial transactions optimized using Nomis Solutions technology exceeds $1.5 trillion in 2016.
  • Finextra: Worldpay partners UnionPay for bumper Chinese New Year.
  • Truphone launches Global SMS recording solving the Blackberry migration challenge.
  • Sberbank launches a new corporate online banking platform designed together with IBM iX.
  • WISeKey partners with Stratumn to use Blockchain for real-time accountability and traceability.

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

  • Akamai Acquires Cyberfend for Bot Detection”

Around the web

  • Fiserv Portico to power core account processing and enhanced functionality for commercial lending for Green Country Federal Credit Union.
  • Forbes names Backbase one of 10 European growth businesses to watch in 2017.
  • i-exceed recognized as Samsung’s 2016 Mobile B2B: ISV Partner of the Year.
  • TemenosMarketPlace receives the Banking Technology Readers’ Choice Award for “Best emerging/innovative technology product/service” at the Annual Banking Technology Awards.

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.

Mudra Bank Chooses i-exceed’s Appzillon for Mobile Banking App

Mudra Bank Chooses i-exceed’s Appzillon for Mobile Banking App

iexceed_homepage_July2016

i-exceed technologies has paid off with a mobile app, Mudra Mitra, that provides both banking services and information. Using Appzillon, the app was able to go live “in record time” on both mobile phone and tablet interfaces and is now available for download at both the Apple iTunes and Google Play stores.

Pointing to the challenges faced by entrepreneurs in obtaining financial assistance, i-exceed Managing Director Joseph John praised Mudra Bank for being the “financial support provider for the bottom-of-the-pyramid customers” and “filling the void” between would-be business owners and the financing they need to get started. “i-exceed looks [forward to] a long-term association with Mudra Bank in their journey of fostering entrepreneurship,” John said.

i-exceed_mudramitra_itunes

Mudra CEO Jiji Mammen highlighted the app’s user-friendliness and said more features would be added over time with the goal of creating “an end-to-end solution for the borrowers to access micro finance in a hassle-free manner.” Mudra, which stands for Micro Unites Development & Refinance Agency, was created by the Indian government to help support the country’s micro-enterprise industries with micro and small business loans.

Headquartered in Bangalore, India, i-exceed demonstrated its Appzillion app-development platform at FinovateAsia 2013, and participated in FinDEVr New York earlier this year. The company, which celebrated its fifth anniversary in May, announced a partnership with Mindtree in February, the same month it earned a spot in Gartner’s 2016 look at MADP vendors around the world.


Looking to make a splash in Asia with your latest fintech innovation? Join us this fall as FinovateAsia moves to Hong Kong for a one-day conference on November 8. Email us at asia@finovate.com for information on presenting. Want to be a part of our audience of fintech professionals? Visit our FinovateAsia registration page and save your spot today.

Finovate Alumni News

On Finovate.com

  • Buzz Points Unveils New Online Dashboard, Buzz Insight
  • Mudra Bank Chooses i-exceed’s Appzillion for Mobile Banking App
  • Finovate Debuts: Student Loan Genius Gives Employers Tools To Help Millennial Workers Tackle Debt

Around the web

  • Bank of the Ozarks deploys instant card-issuance solution from Entrust Datacard.
  • IBM unveils secure, online service to help businesses conduct blockchain testing.

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.