Finovate Alumni News

On Finovate.com

  • Finovate Debuts: ProActive Budget
  • NCR Inks $50 Million Deal with State Bank of India

Around the web

  • Singapore-based FinGo Ventures chooses account-aggregation technology from eWise for new mobile payments and banking app.
  • Misys inks five-year licensing deal with Deutsche Bank.
  • iSignthis to provide IronFX with Paydentity services including digital KYC, payment gateway, and card tokenization.
  • Andy Rachleff returns as CEO of Wealthfront.

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

  • DemystData Lands New $7 Million Round
  • FinovateEurope 2017 Application Deadline Has Arrived

Around the web

  • EyeVerify Update Improves Liveness Detection
  • TSYS renews card payment deal with Rabobank.
  • Student Loan Hero reviews FutureAdvisor.
  • InComm partners with Geoswift to facilitate cross-border payments for international students.
  • Misys to forsake initial public offering in 2016.
  • FICO introduces FICO Enterprise Security Score to indicate an organization’s vulnerability to cyberattack.
  • NuData Security announces partnership with Early Warning.
  • Zopa presents its 24-hour “Zopathon 16” for developers, designers, and “product people.”

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

  • SecureKey Raises $20 Million in New Funding

Around the web

  • Roostify teams up with Optimal Blue to improve the online experience for borrowers.
  • Partners FCU to deploy Kony Mobility Platform.
  • Forte Payment Systems to serve as the single premier gateway provider for Acryness Inc.
  • Portugal’s Banco CTT chooses FusionBanking Essence from Misys.
  • International payments provider, OFX, integrates with cloud accounting-software innovator, Xero.

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

  • Fintech Trending: P2P, EMV, NFC, NLP … OMG
  • Alkami Brings its ORB Digital Banking Platform to Open Technology Solutions

Around the web

  • Thomson Reuters launches Thomson Reuters Labs, Capetown, the latest addition to the firm’s global network of innovation labs.
  • Islamic Finance House upgrades to latest version of Temenos T24 core banking system.
  • Ripple says Crypto Facilities will be first derivatives-exchange to list regulated XRP futures contracts.
  • Misys to provide cloud-ready corporate banking technology to Commonwealth Bank of Australia.

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

  • North Carolina Data Management Innovator Cognitect is Alum 1,000. Join Cognitect at FinDEVr Silicon Valley 2016 next week.

Around the web

  • Strands hires former CaixaBank veteran Oscar Sala as head of product strategy.
  • Misys earns top spot in Asia Risk Technology Rankings 2016 for overall trading systems.
  • Thomson Reuters unveils new AML solution, TRAC, specifically targeting trade-based money laundering.
  • PYMNTS.com looks at the launch of Wipro’s new cloud-based, analytics platform for corporate treasurers, Treasury DNA.

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.

Fintech Favorites

Featured

  • U.K.-based challenger bank Atom opens to the public. The bank’s iPhone and iPad app is built on the Unity gaming platform and is the only way to access the mobile-only bank. Atom has a customer service team equipped with AI and machine learning, and has bolstered its security using voice and face biometric login. Atom Bank is the first of a handful of U.K. challenger banks set to launch this year, including Mondo, Starling Bank, and Tandem. Atom is headquartered in Durham and is already valued at almost $190 million. Check out Business Insider’s coverage.

Deals

  • Akamai (FEU 15) acquires Soha Systems, which offers secure access as a service for enterprises. This matches well with Akamai’s aim to offer cloud-based services to enterprises, and places it in a good position for a potential acquisition. See our coverage.
  • Jack Henry & Associates (FF 15) collaborates with Visa (FDSV 14) to accelerate P2P payments to debit cards. This may help banks compete with other services that have sped up settlement times, such as Zelle (formerly clearXchange) and Venmo (FS 13). See the press release.

Milestones

  • IBM (FF 16) announced a $200 million investment for a new global headquarters for its Watson IoT business. The headquarters will be located in Munich and is one of IBM’s largest-ever investments in Europe. This move is part of a $3 billion initiative to bring Watson’s computing expertise into the world of IoT. See IBM at FinDEVr Silicon Valley, 18/19 Oct 2016. See VentureBeat’s coverage here.
  • Banking Technology reported that Misys (FEU 15) is preparing to issue an IPO in Nov 2016 with a $6.9 billion float. Advisory firm Moelis will be overseeing the move. Misys was delisted from the London Stock Exchange in 2012 when it merged with Turaz. Misys CEO Nadeem Sayed says going public is a “logical step in our evolution.” See Banking Technology’s coverage.
  • Aire (FEU 15) raised $2 million. Along with the funding announcement, the alternative credit-scoring platform announced it is now authorized and regulated by the Financial Conduct Authority (FCA), the U.K.’s financial regulator. This places it on a more level playing field to compete with the big three credit bureaus. See our coverage.

Tech

  • Thomson Reuters (FF 12) unveils blockchain-dev platform, BlockOne ID. Built for Ethereum, BlockOne ID is an experimental framework in which app owners can manage access to their blockchain contracts in a controlled environment. See Banking Tech’s coverage.

Finovate Alumni News

On Finovate.com

  • A Deep Dive into the Upcoming FinDEVr Silicon Valley 2016

Around the web

  • Idaho Central CU to deploy Alkami ORB platform.
  • Thomson Reuters unveils blockchain dev platform, BlockOne ID.
  • Banking Technology looks at Misys and its plans for a November IPO.
  • Revolut partners with Bank of Lithuania to promote cross-border payments.
  • Hyperwallet introduces its Tax Compliance Services initiative.
  • Cloud Lending Solutions appoints new chief revenue officer and chief financial officer.
  • Yandex.Money to offer mobile money-transfers and support-group chats for crowdfunding via Apple’s iMessage.

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

  • Finicity Unveils New ACH Account Verification API

Around the web

  • OutsideIQ and Pegasystems team up to help FIs meet KYC requirements.
  • Misys launches Platform-as-a-Service strategy by opening its FusionFabric platform to third parties.
  • Credit Karma reaches 60 million users; to begin offering mortgages.
  • ACI Worldwide to offer cloud-based payment-connectivity to SWIFT.

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

  • Malauzai Features Enhanced Card Management, Personalization in Latest SmartApps Release
  • Check out the latest in developer news in our FinDEVr APIntelligence column.

Around the web

  • Bluefin Payment Systems brings point-to-point encryption (P2PE) to Merchant Link.
  • In less than 24 hours, Revolut signs up thousands of businesses for its beta launch.
  • Swedbank to deploy FusionBanking Loan IQ from Misys.
  • Ebury reports 50% gains in customer base, thanks to digital onboarding technology from Avoka.
  • Concur acquires travel-based startup, Hipmunk.

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

  • Signature & Teller: Merchant Bank of Sri Lanka Chooses Fiserv
  • Compass Plus Partners with Mutual Trust Bank

Around the web

  • Botswana Savings bank (BSB) deploys BankWorld ATM from CR2, launches Smooth Visa Debit Card.
  • DataInformed column on operational analytics highlights RAGE Frameworks.
  • Guardian Analytics launches real-time ACH solution to protect against fraud risk created by same-day ACH.
  • Bob Michaud joins Q2 as chief security officer.
  • CIO Review profiles ThetaRay and its CEO, Mark Gazit.
  • CSI teams up with ACI Worldwide to power its card-fraud-protection technology.
  • Kontomatik announces expansion to Portugal, the ninth country where its API is available.
  • FusionBanking Essence from Misys goes live with Myanmar’s Yoma Bank.

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

  • Polly Portfolio Launches Investment Chatbot for Facebook Messenger
  • Check out this week’s FinDEVr APIntelligence.
  • Zopa Taps Ronen Benchetrit for CTO
  • Sezzle Adds Former PayPal Executives as Advisers
  • Actiance Now Supports Compliance for Instagram

Around the web

  • Boku expands carrier billing service with new partnerships in Germany.
  • NCR and Wells Fargo partner to develop next-generation ATM technology.
  • Mizuho Financial Group to pilot Ripple for cross-border payments.
  • NICE Actimize teams up with Tableau Software to combine business intelligence with financial crime-compliance technology.
  • True Potential opens multi-asset portfolios to adviser market.
  • Lendio partners with Townsquare to promote its alternative small business financing solutions.
  • Misys relocates Texas office from Richardson to Plano to expand operations.
  • CardFlight reports that more than 64% of its merchants are now EMV-enabled, more than 3x the national average.

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

  • Ping Identity Unveils Security, Usability Upgrades to IDaaS Platform.
  • defi SOLUTIONS to Launch Full-Service Analytics and Reporting Platform by Year’s End
  • Coinbase Lands $10.5 Million in Strategic Investment from Bank of Tokyo Mitsubishi UFJ

Around the web

  • Misys honored by Celent Model Bank Awards for its work with Russia’s Alfa-Bank.
  • Holvi launches new debit card, Holvi Business MasterCard.
  • Risk Ident CEO Roberto Valerio writes about fighting account-takeover fraud.
  • Ixaris helps Amadeus build prepaid B2B wallet.
  • WattzOn unveils three new web and mobile tools for monitoring and managing utility bills.
  • The Street: Lending Club ‘Platform Investors’ Are Slowly Returning Despite Recent Hiccups
  • Buzz Points joins Jack Henry’s Symitar Vendor Integration Program.
  • iSignthis integrates with XM.COM to deliver due diligence Digital KYC service.
  • ProfitStars Ranked Among Top-50 Providers in MSPmentor 501 Global Edition.

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.