Finovate Alumni News

On Finovate.com

  • Bitcoin-based P2P Lending Platform Bitbond Raises $670,000
  • WePay Closes $40 Million Series D Round Led by FTV Capital
  • Misys Launches FusionBanking Essence Islamic

Around the web

  • SEKUR Me debuts Apple Pay for online purchases featuring universal buy-button and one-click mobile payments.
  • Intuit launches Sync with PayPal to help SMBs simplify tasks with QuickBooks online data-integrations.
  • LifePay announces plans to expand into Southeast Asia in wake of ipoxPro acquisition.
  • The Guardian highlights Azimo as a “well-established” alternative to banks regarding money-transfer overseas.
  • NYSE’s new Bitcoin Index is powered by Coinbase.
  • Anheuser-Busch Employees Credit Union to deploy online- and mobile-banking solutions from Digital Insight.
  • Merck Sharp & Dohme Federal Credit Union adds processing and additional solutions from Fiserv.
  • Community Banks and Credit Unions go live with Touch ID in mobile banking through Malauzai Software.
  • Arxan appoints Sam Rehman as chief technology officer.
  • Nerdwallet features Seattle-based Lighter Capital.
  • Bankless Times talks with Brock Blake, Lendio CEO, about the company’s success.
  • PayNearMe to offer its cash payment service to Telinta’s service-provider customers.

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

Around the web

  • Financial-Planning provides an in-depth profile of Motif Investing.
  • Rippleshot to join SixThirty accelerator’s Spring 2015 cohort.
  • The Globe and Mail highlights Nymi’s take on wearable security.
  • Bluefin Payment Systems partners with Paydunk to offer an all-in-one mobile security and integrated e-commerce payment solution.
  • ThreatMetrix wins Best Anti-Malware Product and Hot Company in MFA at 2015 Cyber Defense Magazine Awards.
  • Orion Advisor Services partners with Jemstep to bring independent advisers who use Orion’s platform the benefits of robo-adviser automation.
  • PayNearMe enables Philadelphia bike-share program-members to pay their fees using cash.
  • TickSmith adds Book Replay Module to Its TickVault Platform.
  • Barron’s feature on robo-advisers quotes Kevin Pohmer, president of Financial Guard.
  • Global Debt Registry names Kathy Simmermon as EVP of business development.
  • Fox Business interviews Lending Tree CEO Doug Lebda.
  • Feature on card controls highlights solutions developed by Malauzai Software. See Malauzai at FinovateSpring 2015 in May.

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

  • HedgeCoVest Wins Top Honors at 2015 Benzinga Fintech Awards

Around the web

  • oneID launches its simple, free solution to secure personal information online across all devices.
  • Born2Invest talks about “thematic investing” in its review of Motif Investing.
  • Currency Cloud opens offices in New York, kicking off its U.S. expansion.
  • Select Mobile Money from Cachet Financial Solutions now supports Apple Watch.
  • Sberbank launches new digital platform based on technology from Backbase.
  • Five Degrees named winner of Dutch FinTech Awards in Banking & IT category.
  • PYMNTS looks at Ezbob’s role in SMB lending in the United Kingdom.
  • PayNearMe enables customers of LA Covered to pay their monthly premiums in cash.
  • Critical Mass radio show interviews Sekur.me CEO Jack Bicer.
  • Trulioo wins Europe’s 2015 Digital Identity Innovation Award. Watch Trulioo demo live at FinovateSpring.
  • NAB links core API technology to Xero’s accounting cloud ecosystems, connecting client’s online bank to their Xero account.
  • Authentify enables E-Transfer Technologies to protect currency trading accounts with mobile multifactor authentication.
  • Forbes: Kony and Soasta partner to close the mobile development and monitoring loop.

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.

AlwaysOn’s OnFinance Top 100 Features 30 Finovate Alums

AlwaysOn’s OnFinance Top 100 Features 30 Finovate Alums

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More than a quarter of the companies recognized in AlwaysOn’s first OnFinance Top 100 roster are Finovate alums.

The OnFinance Top 100 is designed to recognize the Top 100 private companies in fintech. The list was chosen by the AlwaysOn editorial team, along with several venture capital firms and industry experts. The criteria included degree of innovation, market potential, commercialization, stakeholder value, and “media buzz.”

The list is divided into six categories, and Finovate alums are well represented in each. Category winners will be announced at Always On’s event at the NASDAQ OMX in New York City at the end of April 2015.

Banking and corporate finance

Big data and analytics

Capital markets and investing

Digital currencies

Payment platforms

Personal finance management

Headquartered in Menlo Park, California, AlwaysOn was founded in 2003 by Tony Perkins, founder and editor of Red Herring magazine. The company serves as a networking and social media platform for technology professionals in variety of fields, and has a membership of more than 5,000.

Finovate Alumni News

On Finovate.com

  • Dealstruck Raises $8 Million in Funding, $50 Million for New Credit Facility
  • BBVA Taps Dwolla for Real-time Money Transfers

Around the web

  • Vouch launches its social network for credit. See Vouch at FinovateSpring 2015 in San Jose.
  • Retail Week features Zooz as its Start-up of the Week.
  • Vermont Federal Credit Union partners with Insuritas to open and manage turnkey insurance agency.
  • Optimal Payments integrates Jumio’s Netverify into its NETELLER stored-value service.
  • BillGuard launches custom categories capability.
  • Taulia Launches Research Arm, Taulia Labs.
  • Norway Registers Development agrees to take 80% stake in Etronika.
  • PayNearMe partners with online rent payment network RentMoola to enable landlords to take rent in cash online.

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.

PayNearMe Brings Online Cash Payments to ProfitStars’ EPS Smart Pay Express

PayNearMe Brings Online Cash Payments to ProfitStars’ EPS Smart Pay Express

PayNearMeCroppedHomepage

Two forces in the payments industry, ProfitStars and PayNearMe announced a partnership today. Through the agreement, merchants using ProfitStars’ Enterprise Payment Solutions (EPS) Smart Pay Express will have access to PayNearMe’s cash payment technology.

Financial institutions using the system will be able to offer their business banking customers an all-in-one payment platform to help businesses accept cash for online purchases from underbanked and cash-preferred customers.

When a customer makes a purchase online using PayNearMe, they receive a code, which they bring to one of 17,000 physical retail locations (such as 7- Eleven). Once the cashier at the store scans the code, the customer pays in cash. After payment, PayNearMe transfers the funds to the merchant, who is notified to ship the item the customer ordered online.

PayNearMeCashPayment

PayNearMe presented at FinDEVr San Francisco in 2014. ProfitStars last demonstrated its Budget Manager at FinovateSpring 2012.

Finovate Alumni News

Finovate Alumni News

On Finovate.com:

  • Flint Mobile Opens Up for Developers to Embed In-App Card Payments.
  • PayNearMe Brings Online Cash Payments to ProfitStars’ EPS Smart Pay Express.

Around the web:

  • BECU licenses INETCO Analytics to gain insights from ATM transaction data. See INETCO at FinovateSpring 2015 in San Jose.
  • investUP adds five new equity and P2B crowdfunding sites to its platform.
  • Sibos Innotribe selects semi-finalists: Revolut, Sedicii, Advice Games, and Pendo Systems.
  • PayPal Here now available with Microsoft Surface Pro 3 Online and in Microsoft Store.
  • Jemstep partners with Stronghold Financial to launch Advisor Lead Gen 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.

Finovate Alumni News: March 4, 2015

  • Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Finovate-F-Logo.jpgSecureIDNews takes a look at the partnership between FinSphere and Visa.
  • Fiserv launches four new modules for its Financial Crime Risk Management platform.
  • iQuantifi wins “Best in Show” at Bank Innovation 2015 DEMOvation Challenge.
  • Silanis earns spot on KMWorld’s “100 Companies that Matter in Knowledge Management” list for 2015.
  • IT Business Edge interviews Flint Mobile CEO Greg Goldfarb.
  • American Banker considers the benefits of banks using Ripple.
  • Innovation in Finance interviews CoinJar at FinovateEurope in London.
  • Capital Bank’s OpenSky Puts CRIF’s CreditFlow & StrategyOne to the Test.
  • Inc: How OnDeck Plans to Make Alternative Lending a Blue Chip Business.
  • Inc. lists Bionym as one of 8 Canadian startups to watch out for in 2015.
  • Yodlee now provides data APIs to nearly 50 fintech applications and services in the personal wealth-management space.
  • Braintree expands its Asia-Pac operations into Hong Kong, Singapore and Malaysia.
  • PandoDaily: PayNearMe partners with Grameen America to help lift women out of poverty.
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 Alums Fill Ranks of KPMG’s Fintech Innovators for 2014

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Draw up a list of the top fintech innovators of 2014. Got it? Now tell me how many of your top 50 companies are not just impressive companies in their respective fields, but Finovate alums, as well.

If you are global accounting and consulting group, KPMG, then the answer is “more than half.”

Of the 50 companies recognized by KPMG in its 2014 review of top fintech innovators, 27 have demoed their technologies at Finovate conferences. And of that 27, 13 have won Best of Show at least once.
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The inaugural “50 Best Fintech Innovators” report is a joint venture between AWI Ventures KPMG Australia and the Financial Services Council (FSC). 
The companies chosen were selected based on four factors: total capital raised, rate of capital raising, degree of sub industry disruption, and “degree of product, service, customer experience and business model innovation.” 
Writing in an introduction to the report, AWI Limited CEO Ben Heap explained why fundraising played such a prominent part of the selection process.
“These assessment criteria reflect the fact that venture capital invested is a relevant measure of innovation which in turn fuels enduring competitive advantage,” he wrote. 
“Venture capitalists seek this enduring competitive advantage over and above everything else.”
Here’s a breakdown of Finovate alums in the list, in order of appearance, along with links to their most recent demo video. Boldface indicates Best of Show winner.
“Ones to Watch” 
See the full list of companies here.

Alumni News– December 11, 2014

  • Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Finovate-F-Logo.jpgMalauzai Software announces launch of its SmartMarketing program to promote mobile banking.
  • Azimo extends £1 money transfer service to India, Pakistan, Bangladesh, and Sri Lanka.
  • Information Week takes a look at mobile payment apps including Flint.
  • Mortgage Harmony rebrands as Rate Reset.
  • Contact Solutions, IDology, and Pindrop Security team up to Cut IVR Fraud.
  • Examiner.com: Dynamics‘ next-generation credit card features buttons to log-in PIN security code.
  • Lendio CEO explains how his company is fueling the American dream.
  • Prosper comments on Lending Club IPO, expects to top $9 billion in loans this year.
  • PayNearMe partners with Department of Health and Human Services to spread the word about healthcare.
  • Bluefin Payment Systems to provide its PCI-validated Point-to-Point Encryption (P2PE) Solution to Priority Payment clients.
  • Career Bliss lists PayPal, Intuit, and Google in the top 50 happiest companies in the U.S.
  • Lending Club launches IPO, shares rally 70% in early trading.
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.

Alumni News– November 24, 2014

  • Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Finovate-F-Logo.jpgGoldman Sachs announces investment in Kensho, becomes platform’s largest strategic investor.
  • Acculynk launches strategic partnership with PayPlum, announces acquisition of company’s intellectual property.
  • The Economist cites Comarch in its review of Polish companies succeeding internationally.
  • Leaf CEO Sarah McCrary talks mobile payments in panel discussion on Foodable WebTV.
  • Invests.com features Azimo in column on online money transfer companies.
  • Finovate DebutsBlueVine.
  • Nasdaq.com examines PayPal’s place in the mobile payments wave.
  • Forbes looks at how PayNearMe helps the underbanked.
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.

Alumni News– October 27, 2014

  • Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Finovate-F-Logo.jpgFeedzai and Encap Security team up to combine behavioral profiling with device credentialing to build better security for banks and merchants.
  • CB Insights lists Nutmeg, TransferWise, The Currency Cloud, and Azimo among the 10 top fintech startups from the UK.
  • The Guardian Money section looks at peer-to-peer lender including Zopa.
  • TWiST (This Week in Startups) interviews FutureAdvisor Co-Founder and CEO Bo Lu.
  • Prosper reaches $2 billion, reaching the second billion dollars in just 6 months.
  • Payment processing solutions provider, Bill2Pay, partners with PayNearMe to digitize cash collections.
  • The Australian Business Review features Matt Symons, SocietyOne co-founder.
  • EVO* Snap launches mPOS Solution Supporting Apple Pay and EMV Globally.
  • MedicalMine and Bluefin Partner for Integrated Patient Payments.
  • Check out our feature on Xignite: Inspiring the Future of Finance with Easy and Speedy APIs
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.