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Finovate Blog
Tracking fintech, banking & financial services innovations since 1994
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.
Fenergoteams up with PwC to provide KYC compliance and client onboarding as managed services.
SumUpforges partnership with German fintech Penta which will offer the company’s card reader to its customers.
Personeticsjoins Amazon Web Services (AWS) Partner Network (APN) Global Startups Program.
Temenosinks partnership with Egyptian National Post Organization.
Maybank Group, the fourth largest bank by assets in Southeast Asia, goes live with Avaloq’s banking suite.
Installment payment specialist Splititpartners with smart bed solution provider ReST.
SoFiscores New York BitLicense, which will permit the company to offer crytocurrency trading services in the state.
Jack Henry to provide a comprehensive technology upgrade, including deployment of its SilverLake core system, for Parkside Financial Bank & Trust.
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.
Truliooappoints Zac Cohen as chief operating officer.
Trustlyreaches 100 live gaming brands with its Pay N Play player registration and verification product.
Tradeshiftmoves Bucharest team to larger office in Tower Center, announces plans to hire more staff next year.
Globitex tapsSalt Edge for strong customer authentication.
After Belfast launch earlier this year, Signifydrecruits 63 people with plans to recruit 150 more over the next three to five years.
Revolut and Mastercardteam up with Save The Children to support Universal Children’s Day.
The San Diego Union-Tribune namesJack Henry & Associates a top place to work in San Diego for the fourth year in a row.
CredoLab, Neener Analytics, and Vymowin finalist spots in the India FinTech Forum’s IFTA 2019 awards.
Cheturanked as the number two of 50 top software development firms in the U.S.
Payments company VoPay teams up with Plaid to offer a new credit card alternative to consumers in North America.
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.
EVERFI and Zelle Partner to Boost Youth Financial Literacy.
Around the web
Tradeshiftpartners with Wax Digital to launch a procurement tool called web3.
Trilogy Health tapsTuition.io for student loan repayment assistance.
Non-bank payment service provider CreDec enables users to create a Virtual Account within their Xero platform account.
ThetaRaynamed a “Rising Star” in Chartis Research’s 2020 RiskTech 100 report.
Jack Henry & Associatesnamed a “Top Workplace in the Dallas-Fort Worth Area” by The Dallas Morning News for the second time.
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.
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.
JumiolaunchesJumio Go, a real-time, automated identity verification solution powered by 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.
OurCrowd to open its 13th global office in São Paulo, Brazil.
Jack Henryappoints Ted Bilke as new CTO and promotes Greg Adelson to new Chief Operating Officer position.
Deloitte Romania and FintechOSpartner to offer banks digital transformation and automation solutions.
Finastralaunches Fusion Mortgagebot Data Insights, a tool to benchmark mortgage borrower information for banks and credit unions against other Fusion MortgagebotPOS users.
InCommadds Giant Eagle to its Healthcare OTC Network.
Westcon-Comstor to distributeCheck Point 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.
TransferWiseannounces that TransferWise for Banks is now live in the U.S, enabling FIs in the states to integrate with the international money transfer specialist.
Onfidoforges strategic partnership with blockchain-based, e-voting provider Agora.
Digital mortgage solution provider BeSmarteeintegrates with cloud communications platform Twilio.
Jack Henry & Associatesearns spot in the top 15 of the IDC Financial Insights’ 2019 DC FinTech Rankings.
In partnership with Radius Bank, MaxMyInterestlaunchesMax Checking, a new FDIC-insured offering with high-interest yields and no minimums or fees.
Salt Edgeunveils its partner program to help companies get access to open banking channels.
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.
FICO and risk investigation solutions provider Arachnys partner to help FIs improve their client onboarding and record management processes.
Bill.comcelebrates grand opening of new Houston office.
Finicityships new Verification of Income and Employment (VOIE) solution using TXVerify technology.
SecureKeycollaborates with Digital Bazaar to streamline organizational identity proofing.
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 & Associates has attracted 57 banks and credit unions away from competitors in the fiscal year 2019, reports Jane Connolly of Fintech Futures (Finovate’s sister publication).
The technology solutions and payment processing services provider has seen a record number of financial institutions switch to its core banking platform, in the year to 30 June.
Jack Henry focuses on helping community and regional financial institutions to offer their customers modern banking experiences and to remain competitive in a changing market.
New clients stated reasons for switching have included the desire to provide an online retailer-style service for customers, openness and commitment to scale, and the ability to achieve tighter integrations and enhanced workflows from the open infrastructure.
Busey Bank and holding company First Busey Corporation both chose the Jack Henry Banking SilverLake System.
“Jack Henry’s advanced API network provides the open architecture and sophisticated connectivity necessary for us to chart our own course. This partnership supports our dedication to strategic process improvements and investment in integrated technology platforms,” said Howard Mooney, chief information officer of First Busey Corporation.
David Foss, president and CEO of Jack Henry, said it is an exciting time in banking.
“The industry is open to more collaboration and advanced technologies, while renewing its focus on user centricity,” he adds. “We’re committed to partnering with these regional and community financial institutions to help them compete with technology that is efficient, scalable and built to last.”
The 32 banks and 19 credit unions range from those with $64 million in assets to $9.6 billion, along with six de novo banks.
Jack Henry’s most recent appearance at Finovate was at FinovateFall 2015, when the company demonstrated technology from its recent acquisition, Banno. Founded in 1976 and headquartered in Monett, Missouri, Jack Henry is the primary technology partner for more than 1,000 community banks and multi-billion dollar mid-tier financial institutions.
With more than $1.5 million on revenues during fiscal 2018, Jack Henry is a publicly-traded on the Nasdaq exchange under the ticker JKHY and has a market capitalization of $11 billion.
Transferwisegoes live with new debit cad for customers in Australia and New Zealand.
Finastrainks cloud banking deal with U.K. neo bank Gravity.
Argentina’s largest national private bank Banco Galicia integrates PFM technology from Strands.
Overbond to open three AI analytics labs in Montreal, Quebec, Canada to support R&D in bond pricing.
Vymohires Rajesh Sabhlok as its new Chief Customer Officer, with an emphasis on Japan and APAC.
BlueRushannounces strategic partnership with InfoSlips.
Artivestnames Martin Bealieu, formerly executive chairman, as new CEO.
Lendio’s marketplace lending franchise program tops $50 million in loans facilitated via its platform.
Ignite Salesunveils the latest version of its customer engagement platform, Ignite Neuro 2.0.
Salt Edgeincreases the total number of connected banks in the E.U. to more than 300.
Experianunveils new configurations of its Ascend Analytical Sandbox.
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.
Quadientunveils new archived document and data retrieval solution.
Euromoney featuresBioCatch in its look at the fintech scene in Israel.
SuperMoneytops $2 billion in loan requests via its online lending marketplace 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.
