Finovate Alumni News

On Finovate.com

  • nCino Partners with Secure Trust Bank.
  • Onfido to Secure Drivers for India’s Largest Rideshare Company.
  • Dynasty Financial Partners Teams Up with Cash Management Innovator MaxMyInterest.
  • Continuity to Provide Compliance Tech for Affinity FCU.

Around the web

  • CREALOGIX to implement its mobile application platform for VZ Depotbank.
  • Trulioo extends its identity and business verification service to the Philippines.
  • OutSystems named Leader in Gartner’s Magic Quadrant for Mobile App Development Platforms for the second year in a row.
  • MBT Bank to deploy SilverLake System from Jack Henry & Associates.
  • Fairstone Financial converts consumer loan portfolio to Fiserv’s LoanServ real-time servicing platform.
  • Temenos taps Alexandre Menage as new Head of Sales for Africa.
  • Lendio announces 90% YoY quarterly revenue growth.
  • Blackhawk Network’s CashStar wins PayTech award for Best E-Commerce Initiative.

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

  • Sberbank in Slovenia Partners with Open Banking Platform Provider Token.
  • Equifax Acquires DataX to Promote Financial Inclusion.

Around the web

  • Wirecard and Mastercard collaborate to make contactless payments using wearable technology more accessible.
  • Roostify expands leadership ranks with new Chief Customer Officer, new VP of Sales, and new General Counsel.
  • VyStar Credit Union ($7.6 billion in assets) to upgrade core banking solution with technology from FIS.
  • Hyperwallet to provide mass payment distribution for content processing platform, Wordapp.com.
  • Premier America Credit Union ($2.5 billion in assets) to deploy core processing technology from Jack Henry & Associates.
  • Santander integrates nCino’s Bank Operating System.
  • Carte Wealth Management to launch advisor engagement platform powered by DigitalReach from BlueRush.
  • TechCrunch reports: Coinbase Reportedly Gets Approval from US regulators to Start Listing Tokenized Securities.
  • Ephesoft releases new Swagger/OpenAPI-web services for Ephesoft Transact.

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

  • Fiserv and InComm Partner for Cash Billpay.
  • Unison Raises $40 Million to Promote the American Dream.
  • Munnypot Picks Up Investment from Livingbridge.
  • Five Degrees and BillPro Launch New European Cross Border Banking Service.
  • The ROI of a Finovate Demo.

Around the web

  • Infosys Finacle partners with Santander UK to launch interbank cash management system.
  • Luxoft to use open source blockchain platform Corda from R3.
  • Texas Tech FCU to deploy hardware, software, and services from NCR as it overhauls its customer experience.
  • Fiserv makes its Prologue Credit Loss Manager and risk modeling tools available via the cloud.
  • PYMNTS.com features Best of Show-winning cybersecurity specialist, SpyCloud.
  • American Banker: U.K.’s Revolut teams with Russia’s Qiwi ahead of U.S. launch.
  • Bill.com surpasses $50 billion in business payments processed annually.
  • The Tech Tribune names nCino and Passport among the 10 best tech startups in North Carolina.

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.

nCino Partners with Tech Qualled to Help Veterans Get into Fintech

nCino Partners with Tech Qualled to Help Veterans Get into Fintech

While many Americans are firing up the grill to prepare for Memorial Day weekend, nCino is celebrating the holiday with a new partnership. The company is teaming up with U.S. military veteran training organization, Tech Qualled, to help qualified veterans land jobs at the Wilmington, North Carolina-based fintech.

“At nCino, we are committed to hiring people who embody our culture and core values, and who bring a unique set of knowledge, skills, and experience to the table,” nCino EVP Josh Glover said. A former Marine and combat veteran himself, Glover added, “We are extremely proud to work with Tech Qualled to ensure we continue to hire the right people, and are honored to expand opportunities and access for those who give so much to our country.”

With 80% of its graduates meeting employer expectations in their first year after being hired, Tech Qualled credits its industry-relevant curriculum for helping veterans succeed. This includes focus on topics ranging from data center solutions and basic networking to cloud computing and software applications. Co-founder and president Justin Ossola noted that the company’s selection process was also instrumental in guiding veterans to opportunities that were ideal fits. “We have selective and specific criteria for making sure we pick candidates with the right blend of soft skills and personality traits,” Ossola said. Since its founding in 2015, the company has helped more than 120 veterans secure jobs in the technology industry.

Founded in 2012, nCino demonstrated its Bank Operating System at FinovateEurope 2017. With more than 275 employees and more than 130 clients, nCino provides a solution that combines CRM, loan originations workflow, ECM, business intelligence and reporting in a single, secure, cloud-based environment. nCino’s client institutions have experienced a 19% increase in loan value, a 34% shortening in loan closing time, and a 54% reduction in policy exceptions thanks to nCino’s platform.

In a busy 2018, nCino has added a Retail Sales and Service solution to its Bank Operating System, and won deployments of its technology with Banesco USA, TD Bank, and Yorkshire Building Society. In March, nCino worked with Enforce to help FIs transition to cloud-based solutions, and in April the company partnered with fellow Finovate alum VASCO to integrate its eSignLive-developed e-signature technology into its platform for banks.

nCino has raised more than $133 million in funding and includes Salesforce Ventures and Insight Venture Partners among its investors. Pierre Naudé is CEO.

Finovate Alumni News

On Finovate.com

  • Envestnet | Yodlee, Quovo, and Morningstar Unite on Secure Open Data Access Framework.

Around the web

  • nCino extends its Bank Operating System with its new Retail Sales and Service Solution.
  • Fenergo to bring client lifestyle management services to business and technology consultancy, Delta Capita.
  • ProfitStars division of Jack Henry & Associates goes live with its ImageCenter Express image capture solution.
  • Flywire adds international invoicing to its global payment and receivables platform.
  • Infosys Finacle partners with seven major Indian banks to form blockchain-based trade network, India Trade Connect.

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

  • Kabbage Confirms: Orchard Acquisition Adds to Data Science Capabilities.

Around the web

  • Five payment originators from EU and Asia to take advantage of Ripple’s xVIA API to transfer money via RippleNet.
  • Klarna announces its integration with Magento Commerce as a Core Bundled Extension.
  • Avaloq acquires 10% stake in Swiss cryptocurrency firm Metaco.
  • Banesco USA picks nCino’s Bank Operating System to enhance its commercial lending process.
  • Symphony Software Foundation rebrands as FINOS, expands charter, adds new corporate members.
  • Kashoo receives a 5 Star Rating From FitSmallBusiness.
  • Jumio achieves record-breaking sales in Q1 2018, a 400% increase YoY.
  • Lending Club responds to the FCC’s complaint.
  • Alight Solutions leverages Personal Capital’s digital wealth management tools to launch WealthSpark.
  • Apple Bank selects Continuity for Compliance Change Management.

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

  • YUKKA Lab Launches Market Sentiment Analysis Solution, News & Trend Lab.

Around the web

  • Transferwise gains direct access to Bank of England’s interbank payment systems.
  • nCino teams up with VASCO to integrate eSignLive’s e-signature technology into its Bank Operating System.
  • DarcMatter to integrate the NEM blockchain into its platform.
  • Payfone partners with EnStream to expand its Digital Identity Authentication Network to Canada.
  • Customers can pay for shoes online at Payless.com with PayNearMe.
  • Malaysia’s largest credit reporting agency partners with LenddoEFL.
  • YUKKA Lab launches new market sentiment analysis Tools.

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

  • DriveWealth Closes $21 Million in Funding.
  • Symbiont Brings the Blockchain to Mortgagetech in New Partnership with Raneiri Partners.
  • Micronotes to Scale AI-Enabled Marketing Platform with $3 Million in Funding.

Around the  web

  • nCino appoints James Peverell as General Manager, EMEA, and Hali Kahn as Regional Vice President.
  • Finastra named a Category Leader in the Chartis Hedge Fund Risk Management Quadrant in the Hedge Fund Risk Management Technology 2018 report.
  • Comarch wins award from the Italy Protection Forum for innovation in digital transformation of insurance companies.
  • Insuritas to power digitally powered insurance agency for Priority Bank.
  • Kofax reports that 50% of top U.S. life insurers leveraging TotalAgility.
  • Temenos tables takeover of Fidessa.
  • FierceCEO features DefenseStorm CEO Sean Feeney.

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

  • Ripple Joins Hyperledger Project, Launches Hyperledger Quilt Project.
  • Moxtra Collaborates with OCBC Bank to Help Pilot New Mobile App.
  • MicroStrategy Powering Kasasa’s New Insight Solution.

Around the web

  • ThePaypers interviews BioCatch VP Frances Zelazny.
  • Charlotte Business Journal recognizes LendingTree Senior Talent Development Manager Tess Ausman in its 40 Under 40 for 2018 roster.
  • PYMNTS.com talks with Socure CEO Sunil Madhu on Facebook’s challenges with user data.
  • Park Plymouth in Plymouth, Massachusetts deploys Passport’s mobile parking app, PassportParking.
  • IdentityMind Global named to Disruptor Daily’s 10 RegTech Companies Making Waves in the Industry list.
  • Josh Glover, EVP of the Americas for nCino talks with PYMNTS.com about the importance of the customer experience in corporate banking and lending.
  • InfoQ interviews Eric Horesnyi, CEO at streamdata.io.
  • Check Point Software Technologies teams with TrapX Security to launch real-time visibility, threat detection, and rapid threat containment solution.
  • VM Blog interviews Arvin Hsu, Senior Director of Data Science and Machine Learning at GoodData.
  • Spacequant earns finalist spot in PitchIt competition at Lendit Fintech conference.
  • Sberbank Enters Cloud Products Market.
  • ITSector launches ITSCredit spinoff (news in Portugese).

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.

TD Bank to Deploy nCino’s Bank Operating System

TD Bank to Deploy nCino’s Bank Operating System

Chalk up another big win for nCino. The Wilmington, North Carolina-based fintech has signed a deal with TD Bank that will put nCino’s Bank Operating System to work for the bank’s corporate and commercial lending divisions.

The technology, demonstrated at FinovateEurope 2017 last year, is already live with employees in TD Bank’s TD Equipment Finance department. nCino’s platform will give prospective business borrowers faster decisions on their loan requests, as well as add transparency to the loan process. The Bank Operating System will also enable the bank’s credit risk management, sales, and underwriting professionals to benefit from insights into TD Bank’s commercial lending portfolio and better collaborate on deals. Built on top of Salesforce.com, nCino’s Bank Operating system features CRM, loan origination, account opening, workflow, content management, business process management, customer engagement, and instant reporting all on a single platform.

“It’s great to see employees at TD Bank already experiencing many of the benefits of the nCino Bank Operating System – from greater efficiency to increased productivity to an elevated customer experience,” nCino CEO Pierre Naudé said. “We see this collaboration between our organizations as a natural fit and are very excited to continue strengthening and expanding our partnership with this innovative top 10 U.S. bank.”

Anthony Sasso, president of TD Equipment Finance, added, “As the bank continues to deliver on its vision to transform commercial lending, it’s essential that we have the best tools and technology to help our customers achieve their financial objectives.” TD Bank has more than nine million customers and 1,200+ locations in the American northeast and mid-Atlantic regions, as well as in metropolitan D.C., the Carolinas, and Florida. Headquartered in Cherry Hill, New Jersey, TD Bank is a member of TD Bank Group and is a subsidiary of The Toronto-Dominion Bank of Toronto, Canada.

News of nCino’s partnership with TD Bank is the company’s second major announcement in March. Earlier this month, the fintech partnered with the Yorkshire Building Society in the U.K., which will use nCino’s Bank Operating System to enhance its corporate lending efforts. Also this month, nCino announced that it was teaming up with consulting firm, Enforce, to help community-based FIs adopt cloud-based solutions. The company began 2018 with a pair of big headlines: an investment round led by Salesforce Ventures that took nCino’s total capital to more than $81 million, and a deal with the world’s largest credit union, Navy CU, with more than $87 billion in assets.

Finovate Alumni News

On Finovate.com

  • TESOBE’s Open Bank Project Powers API for Forty Seven Bank.
  • TD Bank to Deploy nCino’s Bank Operating System.
  • Malauzai to Power Mobile Banking Tech for Axiom.
  • Endor Raises $45 Million in ICO.

Around the web

  • ayondo celebrates being the first fintech to list in Singapore.
  • TD Bank leverages nCino’s Bank Operating System across corporate and commercial lending divisions.
  • CustomerXPs‘ Clari5 to power real-time AML solution for Bank of Ceylon.
  • PayActiv appoints COO.

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

  • Nordic Capital Fund Acquires Majority Share of Trustly.

Around the web

  • Coinbase granted e-money license by U.K’s Financial Conduct Authority (FCA); joins Faster Payments Scheme courtesy of partnership with Barclays Bank.
  • ACI Worldwide announces contract extension with DBS.
  • Joint Stock Commercial Bank for Foreign Trade for Vietnam (Vietcombank) picks trade finance platform from Finastra.
  • nCino and Enforce partner to accelerate cloud adoption for financial institutions.
  • Tradeshift partners with Canon Business Process Services.
  • Pindrop partners with Aeriandi to detect fraudulent calls through cloud platforms.
  • GMO’s Z.com Trade adds Trustly as payment option.
  • Kabbage teams with New Media to advertise to more than five million small and medium sized businesses (SMBs) that do business in New Media’s markets.
  • OnDeck appoints Kenneth Brause as CFO.
  • Sandia Area Credit Union hires Insuritas to launch member-owned, digitally-powered insurance agency.
  • Oregon Community CU selects Alkami Technology’s digital banking platform to provide its more than 150,000 members with a modern digital banking offering.
  • Bankjoy selected to compete in Google Demo Day in March.
  • TSYS implements new payment solution, Advanced AuthControl, with Walmart and Sam’s Club locations around the U.S.

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.