Finovate Alumni News


  • AIFC and Fidor Solutions to Boost Fintechs in Kazakhstan.
  • Visa and PayPal’s New Deal.

Around the web

  • Apex Clearing partners with Apex Crypto to launch cryptocurrency platform that helps financial advisors introduce digital currency trading into their clients’ portfolios.
  • Revolut taps banking veteran Richard Davies as Chief Operating Officer.
  • Klarna and BigCommerce expand partnership to also include Klarna’s European core markets.
  • eToro’s cryptocurrency wallet adds support for 120 ERC-20 standard tokens.

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


  • Terafina to Boost Small Business Onboarding at PlainsCapital Bank.
  • IdentityMind Partners with BITPoint on KYC/AML Compliance.

Around the web

  • Bottomline Technologies teams up with Starling Bank and unveils its Real Time Payments Express Service.
  • Cambodia’s Chip Mong Bank to deploy Tranzware from Compass Plus to support cardless ATM cash withdrawals with cash-by-code transactions.
  • CEO World highlights Kabbage, Lendio, and TurnKey Lender as fintechs fighting for fair lending.
  • Toshl launches feature to split receipts to make expense tracking more precise.
  • SecuredTouch partners with Advantage FSE to provide seamless continuous authentication and fraud detection to digital banking customers.
  • NICE launches X-Sight Marketplace, a financial crime risk management-focused marketplace.
  • GoBankingRates features CalcXML in its list of top free online financial calculators.
  • TickSmith receives the A-team & BSO Award for fintech innovation.
  • MyInvenio launches multi-level process mining.
  • iSignthis has now approved more than 150 reportable accounts.

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


  • Wells Fargo and Finicity Sign Data Aggregation Partnership. Check out Finicity’s recent presentation from FinDEVr 2017 New York.
  • SwipeStox Lands $13 Million, Hints at Asia Expansion.

Around the web

  • Tradeshift teams up with CreditEase to provide low-cost, trade financing to Chinese SMEs.
  • FICO unveils FICO Origination Manager Essentials to accelerate loan decisioning.
  • Market EarlyBird selected to participate in HM Government’s first International Fintech Conference in London in April.
  • VASCO appoints Jeff Cole as Chief Information Officer.
  • Datanami interviews MapD CEO and Co-Founder Todd Mostak.
  • Finland-based OP Financial Group partners with Token to develop new fintech solutions.
  • Celent awards IndusInd Bank for its CustomerXPS-powered solution that has revolutionized fraud and AML management within the bank.
  • Connect JIRA with process mining software from myInvenio.

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


  • Check out sneak peeks from FinovateSpring demoing companies SpeechPRO, CallVU, ACH AlertnanoPay DefenseStorm, and SuperMoney.
  • InComm Partners with WeChat Pay Parent Tencent.

Around the web

  • looks at Payoneer and escrow service as a way to support B2B payments.
  • SelfScore launches Achieve Card to provide international students with access to credit.
  • New service from Azimo enables money transfers with just a phone number.
  • PYMNTS profiles LendUp’s target market focus.
  • Loan validation firm Global Debt Registry Adds Prosper to Network.
  • DemystData celebrates its one-year anniversary in Singapore by expanding its offices.
  • EyeLock receives patent for sequentially linking iris matching with facial imaging.
  • Wired gets into the algorithmic brains of Quantopian.

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


  • Stock Gifting Platform Stockpile Acquires SparkGift.
  • Corezoid Goes AWS with its Platform-as-a-Service Core Banking Technology.
  • Cachet Financial Solutions to Power Mobile Deposit for Malauzai Software.
  • Personal Capital Brings on Former Yodlee CFO.

Around the web

  • Gartner names Cognitive Technology a 2016 Cool Vendor in Analytics for myInvenio.
  • Times Realty news looks at why Patch of Land is choosing not to adopt Title III Crowdfunding rules.
  • defi Solutions announces new Chief Technology Officer.

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 Debuts: myInvenio Turns Data Analysis into Process Intelligence

Finovate Debuts: myInvenio Turns Data Analysis into Process Intelligence


With its first product, myInvenio, Cognitive Technology brings the blessings of big-data visualization to the banking industry.

myInvenio analyzes the structured and unstructured data that financial institutions already have in their logs to help managers uncover inefficiencies and discover roadblocks. Leveraging Cognitive Technology’s talents in process intelligence, big data analytics, and data mining, myInvenio enables CIOs to analyze, monitor, and optimize banking processes.

“With myInvenio you can analyze the past, the present, and you can predict the future of your processes, providing the banking organization with a perfect solution for the process and operations governance,” says Massimiliano Delsante, myInvenio’s CEO.

Like most data-visualizing technologies, seeing is believing. So be sure to check out myInvenio’s demo video from FinovateEurope for the full effect. The technology uses color, arrows, and even animated images to automatically visualize—and in some instances dramatize—business activities such as loan issuance. Accessing different views via an analytics dashboard allows managers to spot areas of potential non-compliance or to drill down to determine which processes are the most time-consuming and inefficient.


Pictured (left to right): Cognitive Technology’s Modesta Jonauskyte, sales and marketing, and CEO Massimiliano Delsante demonstrated myInvenio at FinovateEurope 2013 in London.

“Imagine how much time you would spend to get this kind of information using a traditional business-process-analysis approach,” myInvenio’s Modesta Jonauskyte said from the Finovate stage in London. “Instead of hiring a consultant, taking weeks or even months to interview all of the resources involved in the process, here you have myInvenio immediately indicating to you the most critical activities and resources involved.”

Managers can take advantage of the cloud-based, responsive technology to track process performance remotely via iPad, as well. The Performance View allows users to run an animation that follows a timeline of the various processes. KPIs, waiting times, waiting queues, resource allocation, and more.


myInvenio integrates with BPM and BI platforms and is fully compatible with BPMN2.0 and XPDL2.1. And courtesy of the myInvenio Connector for Qlikview and Qlik Sense, users of this popular business-intelligence solution now have access to myInvenio’s data-visualization technology, turning “data analysis into process analysis.”

Company facts:

  • Founded in 2013
  • Headquartered in Sliema, Malta
  • More than 200 registered users
  • Employs 14
  • Launched myInvenio in January 2015

We spoke with Delsante and Jonauskyte about myInvenio on rehearsal day during FinovateEurope in February 2016. We followed up by email.

Finovate: What problems does myInvenio solve?

Massimiliano Delsante: Nowadays, organizations need a solution to quickly react to the fast-paced financial market. myInvenio is a Process Mining and Operational Intelligence solution that allows you to manage your financial process transformation by automatically reading the data and analyzing banking/financial processes. myInvenio constantly monitors your banking processes, performances, and compliance. It identifies bottlenecks, critical activities and resources, as well as suggests the improvements and transformations needed in order to anticipate the trends of the market.

Finovate: Who are your primary customers?

Delsante: Although business-process analysts can be advantageous optimizing any business process, so far myInvenio solution has been successfully implemented within financial, automotive and manufacturing industries. These industries remain at the top of myInvenio priority.


Finovate: How does myInvenio solve the problem better?

Delsante: myInvenio is a disruptive solution to automatically analyze your banking processes, identifying your process behaviour, compliance, performances, the resources involved and the resource collaboration. It provides advanced analytics features to constantly monitor process deviation, KPIs alignment, and the bottlenecks of resources, and activities.

Also, myInvenio is a cross platform, multi-user solution that is available to be used on any device. It is flexible and scalable. You can either start analyzing a single area of your organization’s data using myInvenio cloud online version covering your overall banking processes, or you can move to the on-premise solution when in need to manage big data analysis.

myInvenio has a very friendly user interface, so finance analysts without technical IT backgrounds can quickly get a grip of myInvenio features and to analyze their organization’s processes. It has a well-defined dashboard that ensures 100% analytics reliability besides reducing banking process analysis time and costs.


Finovate: Tell us about your favorite implementation of myInvenio.

Delsante: myInvenio was implemented within a large-scale banking organization, Credem, that has a wide banking network in Italy. Credem used myInvenio to optimise their loan application process and to later constantly monitor the process performance following the events happening in real time.

The bank is moving toward the adoption of myInvenio as the solution for banking process governance and operational intelligence.

Finovate: What in your background gave you the confidence to tackle this challenge?

Delsante: myInvenio team benefits from 20 years of experience in process management and analysis across banking, automotive, and fashion industries. Working with many customers and helping them tackle process-management issues, the development of an effective and easy-to-use Process Mining solution became a necessity.


Finovate: What are some upcoming initiatives that we can look forward to seeing over the next few months?

Delsante: Following the success of Finovate, myInvenio is being presented at many other events and conferences with the focus on financial industries and digital business transformation. On 5th of May, myInvenio will be present at FinTechStage hosted in Milan and the 7th of June, myInvenio success stories in automotive industry will be presented at Ferrari headquarters in Maranello by Ferrari CIO and other important representatives.

Finovate: Where do you see your company a year or two from now?

Delsante: myInvenio’s main goal remains to meet the highest expectations of its customers as well as to become a standard solution for the business process digital transformation in financial, automotive, and manufacturing industries.

Check out myInvenio’s demonstration video from FinovateEurope.

Finovate Alumni News


  • “Money Transfer Company Azimo Pulls in $15 Million in Strategic Funds from Rakuten”
  • “From Billpay to Blockchain: The Themes of FinovateSpring”
  • “Finovate Debuts: myInvenio Turns Data Analysis into Process Intelligence”


  • “GreenKey Technologies Names Richard Garnier as Chief Revenue Officer”

Around the web

  • Klarna moves beyond ecommerce to service brick-and-mortar retail shops.
  • CSI GlobalVCard partners with Cambridge Global Payments for x-border payment solution.
  • Pershing selects Invesco-owned Jemstep, SigFig as roboadviser partners.
  • OurCrowd interviews BioCatch CEO Eyal Goldwerger. Check out OurCrowd at FinovateSpring next week.
  • OnDeck, Kabbage, and CAN Capital team up to form the “Innovative Lending Platform Association.”
  • Misys wins Best Portfolio Management Software Provider in HFM European Services Awards for 2016.
  • Thomson Reuters unveils new version of its ONESOURCE tax solution for companies doing business in Brazil.

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.

International Women’s Day: Celebrating Females in Fintech

International Women’s Day: Celebrating Females in Fintech


One question I’m always asked during a Finovate networking session is, “Why don’t you put more women on stage?” My answer: we don’t dictate the gender of the company’s presenter. We leave that decision up to the company.

This post is to celebrate the fintech industry’s growth of female inclusion. At the first Finovate conference in 2007, there were zero women on stage. Last month, at FinovateEurope 2016, 20% of the companies featured a woman on stage (party on!). Here’s a look at the ladies of FinovateEurope 2016:

AdviceRobo’s CCO Rosali Steenkamer



BankersLab’s Co-founder and CEO Michelle Katics


CREALOGIX’s Geraldine Critchley, head of digital marketing

ebankIT’s Diana Winstanley, business development


Envestnet’s SVP Molly Pandya, product management

Ethoca’s Helene Ladjadj, senior manager, issuer relations, EMEA


EyeVerify’s Director of Marketing Tinna Hung


IT Sector’s Inês Domingues, market manager


Livian Technologies’s Raquel Oliveira, head of product


myInvenio’s Modesta Jonauskyte, sales and marketing assistant


Outshared’s Director Irene van den Brink

SBDA Group’s Anna Laskovaya, project manager


Spiff’s CMO Kristin Moller


While not all of these women are CEOs of their company, each plays a role in removing women from the “endangered species list” of fintech.

While we still have a long way to go, we can all be encouraged by the movement that has already taken place and the global initiatives that have sparked growth. The FemTech Leaders MeetUp, organized by Ghela Boskovich and Michelle Moffatt, has held three successful events this year (I attended the London meetup last month, and the attendance was impressive).

If you’re interested in attending a FemTech leaders event (men are also invited to attend), check out the upcoming meetup in Sydney or RSVP for the meetup in New York after the first day of FinDEVr New York on March 29. It’s less than a 10-minute walk from the venue.

This post wouldn’t be complete without a shoutout to the ladies of Finovate and FinDEVr; the women who help make our events happen (editor’s note: And of course, Julie Schicktanz, the author of this post):

  • Leah Baldwin
  • Dom Marczak
  • Emily Olyarchuk
  • Erika Sanchez
  • Kate Schultz
  • Kate Stolte
  • Heather Stowell
  • Paula Wrzecionowska

Be sure to check out our celebration of International Women’s Day on the FinDEVr blog.

FinovateEurope Sneak Peek: myInvenio

FinovateEurope Sneak Peek: myInvenio


FEULogowithDate A look at the companies demoing live to 1,500 fintech professionals. Register today.


myInvenio is a business-process solution that automatically draws the processes by reading banking and finance IT systems’ data, revealing its bottlenecks, critical activities, and resources.


  • Compares real-life business process with business reference model and KPI – is visual and immediate
  • Drastically reduces analysis and improvements costs
  • Allows for multiple users, works cross-platform, and is browser-based

Why it’s great
myInvenio is a process-intelligence solution that automatically analyzes your processes to achieve performance increases at a fraction of the cost.


Massimiliano Delsante, Chief Executive Officer
Delsante is an entrepreneur with more than 20 years of experience in the IT business, supporting banking, automotive and fashion industries by working on business process and workflow-management projects.

Modesta Jonauskyte, Sales & Marketing Department
Jonauskyte is a graduate of communication and public relations with valuable experience in marketing and a passion for IT innovations.

Finovate Alumni News


  • Taulia Announces Record New Bookings; New CMO Holzapfel”
  • MX Recruits Don MacDonald, Former Intel and Fiserv CMO”

Around the web

  • Cachet Financial Solutions deploys its Select Mobile Deposit solution for Kentucky-based Whitaker Bank Corporation.
  • UBS hires Markit to manage its Investment Bank’s investible indices.
  • The Hindu quotes Cloud Lending Solutions’ CEO and co-founder Snehal Fulzele on digital transformation.
  • Personal Capital launches Financial Fitness program for employers to help employees reach their wealth goals.
  • Zopa wins Personal Loan Provider of the Year at the Consumer Moneyfacts Awards 2016.
  • Bank Innovation features video of Ripple CEO Chris Larsen discussing the internet of value at Davos.
  • CB&S Bank selects Insuritas to power its insurance-agency solution for customers.

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.