Finovate Alumni News- May 2, 2014

  • Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Finovate-F-Logo.jpgMasterCard announces Australian launch of mobile payment app for education expenses.
  • PayPal partners with checkout app MyCheck.
  • SafetyPay teams up with Brazil’s UOL Boa Compra to bring online payments to gamers in Latin America.
  • SEC filings show Jack Henry’ & Associates’ $28 million cash expense for Banno acquisition.
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.

Jack Henry Buys Banno for Undisclosed Sum

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Jack Henry has announced completion of its acquisition of mobile marketing and responsive web design specialist, Banno. The amount of the acquisition was not disclosed.

The move is the consummation of a relationship that began in the summer of 2013, when Jack Henry & Associates’ ProfitStars deployed Banno’s mobile financial app, Grip, as a white-label solution. 

The success of the technology, and a sense of compatibility between the cultures of the two companies, led to a closer relationship, a partnership and, in less than a year, the completed acquisition announced this week.

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Banno CEO, Wade Arnold said, “It’s an exciting time to be an innovator in the financial services industry, and this acquisition is a tremendous opportunity for Banno to leverage JHA’s proven technologies.”
In addition to Grip, the Banno acquisition will provide Jack Henry with additional resources to add to its already-considerable arsenal. These include tools for designing and developing responsive websites, and an online advertising platform.
David Foss, president of ProfitStars (one of Jack Henry & Associates’ three primary brands) said, “Banno’s innovations in the online and mobile space are impressive, and we’re exciting to combine out strengths in a way that expands our online and mobile suite.”

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Jack Henry & Associates is a major provider of technology solutions for financial institutions. Its major brands include Jack Henry Banking, Symitar, and ProfitStars.
With more than 375 customers, Banno was recognized by American Banker as one of ten financial companies to watch for in 2013. The company was founded in Cedar Falls, Iowa in 2008 (as T8 Webware), and is currently headquartered in Des Moines.
Jack Henry & Associates was on the Finovate stage as recently as February, demoing Datavault alongside partner, Luminous. Banno demoed its marketing solution for banks and financial institutions at FinovateSpring 2013.

Finovate Alumni News– March 6, 2014

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  • iQuantifi launches financial advice platform to general public.
  • Billeo and Danal partner to create a mobile ID solution for Billeo’s XpressBuy checkout service to make it easier by autofilling forms with your relevant information.
  • GMC Software Technology and Kony partner to develop next-gen document tech solutions for businesses.
  • SecureKey Concierge Service tops one million-credential mark.
  • American Banker takes a look at Jack Henry & Associates and its acquisition of Banno.
  • FinovateEurope: Behind the Scenes with Arxan Technologies, Kensho, and Plutus Software.
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 4, 2014

  • VerifyValid announces new iPhone app, Mobile Checkbook.
  • Finovate alums Fiserv, MicroStrategy, Digital Mailer, LICUOS, and CUneXus demo at Bank Innovation 2014 DEMOvation event. Catch Fiserv and CUneXus at FinovateSpring 2014 in San Jose.
  • MasterCard expands presence in Africa, entering seven new markets.
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.

Recently partnered Jack Henry & Associates and Luminous Demo DataVault

This post is part of our live coverage of FinovateEurope 2014.

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Luminous, along with its partner Jack Henry & Associates, started off the second day of FinovateEurope with its DataVault:
“DataVault is a virtual safety deposit box that allows banking customers to upload, sort, and store personal and business documents in one secure place. Now customers can bank online with important documents just a click away.”
Presenting Phillip Wood (Sales EMEA, Jack Henry & Associates) and Andrew Teversham (CTO, Luminous) 

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Product distribution strategy: Through financial institutions
HQ: Monett, Missouri, USA (Jack Henry & Associates) & Johannesburg, South Africa (Luminous)
Founded: 1976 (Jack Henry & Associates) & 2009 (Luminous)
Product Launch: November 2013
Twitter: @ProfitStars, @LuminousBanking

Finovate Alumni News– February 4, 2014

  • Finovate-F-Logo.jpgNous makes it to the finals of UK’s Million Pound Startup competition. Check them out at FinovateEurope in London.
  • Luminous partners with Jack Henry & Associates. Come see them both at FinovateEurope next week.
  • Pindrop Security achieves record growth in 2013 fueled by rising phone-based fraud.
  • Sun Hearlad features Finovera as a new site to help manage personal finances.
  • In yet another partnership, Refundo partners with Stripe to process payments for tax preparers.
  • CNB Texas launches responsive design website from Banno for greater cross-sell potential.
  • Top-Five U.S. Bank makes million dollar investment in software licenses for Kofax’s Mobile Capture. Come see Kofax’s live demo at FinovateEurope.
  • VentureBeat lists TransferWise among London’s hottest 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– January 16, 2013

  • Finovate-F-Logo.jpgID Analytics names George Gelly Chief Product Officer.
  • Doxo reviews 2013: hits 1 million users mark, achieves 3 to 6x growth in every region of U.S.
  • Northeast Bank to deploy Jack Henry Banking’s SilverLake System core processing platform.
  • TSYS to launch Authorization Controls for credit and debit cardholders.
  • University Business Magazine names peerTransfer a Top Product of 2013.
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 7, 2014

  • Finovate-F-Logo.jpgState of Iowa expands government payment partnership with Dwolla; Iowa DOT begins using service for IFTA and IRP.
  • Urban Partnership Bank introduces upbAnywhere, the New Virtual Banking Platform from Q2 (Q2ebanking).
  • ABL Advisor looks at BancVue’s BancAssets advising partnership with UHaul.
  • Zopa wins “Best Peer to Peer Lender” award from Moneynet Personal Finance.
  • TSYS announces partnership with Womply to provide TSYS Merchant Insights business analytics dashboard.
  • Jack Henry Banking to provide its clients with access to American Express’ FX International Payments service.
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 3, 2013

  • Finovate-F-Logo.jpgSwipely expands to new HQ building.
  • Wipro to buy mortgage consultancy firm Opus Capital Markets Consultants.
  • Apex Community FCU to offer Geezeo white label PFM.
  • Forbes highlights Cardlytics‘ growth and future of card-linked offers.
  • Xero adds 2 Australian banking partners: Greater Building Society and Investec.
  • TechCrunch reports: Blackhawk Network Picks Up Gift Card Startup, Retailo, To Bolster Its Reach In Europe.
  • C-SAM launches MasterPass-powered (MasterCard) digital wallet solution for FIs.
  • Jack Henry Banking wins outsourcing contract with Univest Corporation of Pennsylvania.
  • NCR to buy Digital Insight from Thoma Bravo for $1.65 billion.
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– November 6, 2013

  • Finovate-F-Logo.jpgMarketWatch mentions BrightScope and FutureAdvisor as two ways to enhance your retirement portfolio.
  • Quippi to use PayNearMe to enable cash payments for its international gift cards.
  • MoneyDesktop launches Client Services product to offer employee training, marketing, tech support & other services to increase ROI PFM investment.
  • Atlanta-based Cardlytics opens first NYC office.
  • The Guardian mentions SumUp in its review of popular mobile apps for business.
  • Finovate alums FIS, Fiserv, ACI Worldwide, Jack Henry Banking, and Temenos earn spots on IDC Financial Insights tenth annual FinTech 100 list.
  • PandoDaily takes a look at Netswipe 2.0, Jumio’s payment card scanning solution.
  • Celent reviews Comarch Wealth Management Platform.
  • Ignite Sales launches mobile recommendation guides to accelerate bank customer on boarding.
  • Multicom announces partnership with pre-paid virtual card provider, Ixaris.
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– August 30, 2013

  • FinovateLOGO.jpgJack Henry Banking takes a look at the trend toward outsourcing by mid-tier banks.
  • Versafe warns about new cross-device, mobile malware challenges to multi-factor authentication strategies. Meet Versafe at FinovateFall 2013 in New York City in September.
  • Intuit launches QuickBooks Cloud ProAdvisor Program, providing free access to Intuit’s online products.
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– August 14, 2013

  • Finovate-F-Logo.jpgYseop selected as a finalist for the category of “Social, CRM and Loyalty” for the DMA Innovation Awards.
  • Finextra reports: Virtual Piggy integrates with social game giant Habbo Hotel.
  • TechCrunch reports: Braintree launches a new service called Marketplace, an API designed for mobile marketplace operators.
  • The Sleeter Group reviews Kashoo, Xero, and others.
  • The Guardian Money features social lending service Zopa.
  • Transaction processing driving revenue growth for Jack Henry & Associates.
  • Pymnts.com interviews Daniel DeMeo, CEO at Capital Access Network, on the rise of commercial lending.
  • Snarketing 2.0 highlights Credit Karma, FlexScore, and Moven in a column on why the financial services industry needs a “FinScore”.
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.