Finovate Alumni News

Around the web

  • Market Prophit unveils its social market sentiment smart beta index.
  • Silicon India takes a look at Ayasdi’s plans to use the capital raised in its latest $55 million funding.
  • Financial Advisor IQ highlights Betterment and Motif Investing in its discussion of millennials and machines.
  • QuantConnect is now integrated with Interactive Brokers.
  • ProfitStars celebrates surpassing 600 FIs using its Remote Deposit Anywhere technology.
  • FIS wins Best Core Banking, Best Outsourcing Project honors at Asian Banker Technology Implementation Awards.
  • TechCrunch: Yodlee’s Joe Polverari writes about LearnVest and its acquisition by Northwestern Mutual.
  • ABC’s 7 On Your Side quotes IDTheft 911 founder Adam Levin on protecting your driver’s license from identity theft.
  • Connect Financial Software Solutions to provide real-time, P2P payments courtesy of new partnership with Acculynk.
  • Cortera announces new releases of eCredit Software.
  • Zoho partners with Forte Payment Systems to offer electronic payments directly with Zoho Finance apps.
  • Dexterity Ventures’ Place2Give releases GIVE_api v. 2.0.
  • Pymnts interviews SimplyTapp president and co-founder Ted Fifelski.
  • PayPal to be publicly traded on NASDAQ in Q2 2015 with its original stock ticker symbol PYPL.

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

  • FreeAgent Scores $5 Million Line of Credit
  • Patch of Land Earns $23 Million Investment Led by SF Capital Group
  • Finovate Debuts: CashSentinel’s Mobile Escrow Service

Around the web

  • Nine Lives Media ranks ProfitStars’ Gladiator Technology in 6th annual MSPmentor 501 Global Edition.
  • Kreditech brings on Oliver Prill as COO.
  • PYMNTS: Prosper closes out financing round that pushes its valuation to $1.9 billion.
  • PYMNTS interviews Bento CEO and founder Farhan Ahmad. See Bento demo live at FinovateSpring in San Jose.
  • PayPal Makes Acquisition of CyActive Official.
  • TechCrunch: Dashlane’s “Inbox Scan” Tool Uncovers The Passwords You’ve Saved In Your Email.
  • Arxan expands application protection to support all major internet of things (IoT) platforms.
  • Holvi partners with identity-intelligence specialist GBGroup to ensure all customers are verified.
  • Malauzai Software announces 5 community banks to launch SmartwearApps for the Apple Watch.

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

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.

Alumni News– February 26, 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.jpgFeedzai releases API updates to its fraud detection technology.
  • Bank of the West adds Snap-to-Pay functionality from Fiserv to its mobile banking app.
  • authenticID partners with Sionic Mobile to bring catfishAir to ION Rewards and ShopGive consumer apps.
  • Azimo expands its online money transfer service to Romania.
  • Fastacash teams up with Visa Europe, enabling P2P payments via social network for users of Visa Direct.
  • Finovate Debuts: InvestUp Launches UK Crowdfunding Supermarket.
  • PYMNTS looks inside MasterCard’s Masters of Code Hackathon.
  • ProfitStars launches EPS SmartPay Express to enable FIs to provide online payment and donation services for business customers.
  • PayPal and eBay prepare for breakup later this year.
  • Boku launches phone-on-file technology to remove friction from online transactions.
  • TransferWise marks US launch with #nothing2hide semi-naked march through New York financial district.
  • Fintech Finance’s video production showcases FinovateEurope 2015 action.
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– February 25, 2015

  • Finovate-F-Logo.jpgFinovate Debuts: How Trunomi Shares Customers’ Personal Info while Maintaining Their Privacy.
  • LendingRobot adds Automated Secondary Market Trading.
  • Digital River wins the 2015 Merchant Payment Ecosystem Award.
  • PYMNTS looks at Credit Karma’s funding history and future plans.
  • Lincoln Savings Bank to Deploy CorePro from Social Money.
  • Verde International and Lending Club featured in PYMNTS column on banks and non-traditional loan decision-making.
  • Xero Raises $110 Million from Accel Partners, Matrix Capital.
  • CAN Capital and Worldpay partner to improve access to capital for SMEs.
  • Crain’s Chicago Business looks at Rippleshot and its plans for winning bigger clients.
  • ValidSoft launches its Device Trust solution with a second major UK bank.
  • Yelp Senior Vice President of Revenue Jed Nachman joins PaySimple Board of Directors.
  • Bluefin Payments partners with Infinite Peripherals, an mPOS device provider.
  • ProfitStars launches its Commercial Lending Center, a small business lending portal.
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– February 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.jpgIntelligentHQ features TransferWise and CurrencyFair in its look at the “currency transfer revolution.”
  • ayondo hires Peg Reed as Senior Vice President of Business Development.
  • School of Bookkeeping reviews Kashoo Simple Cloud Accounting.
  • Fintech Monthly focuses on recent fintech fundraising including recent investment in TransferWise.
  • ProfitStars adds billpay, invoice management, and mobile banking functionality to its ICBA Preferred Service Provider program.
  • Temenos teams up with Polytech Ventures to launch the first Swiss fintech incubator.
  • Expensify adds 4,000 new customers in 2014, including  the BBB, ZenDesk, and Yahoo!  
  • Forbes features Currency Cloud’s cross border payment API.
  • Kony’s partners now offering apps on its business mobile app marketplace.
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– February 3, 2015

  • Finovate-F-Logo.jpgProfitStars adds Banno Mobile solutions to the Independent Community Bankers of America (ICBA) Preferred Service Provider program.
  • Lending Club to serve as exclusive POS financing for Alibaba.com’s U.S. business buyers.
  • Visa CEO selects NBCUniversal’s Vasant M. Prabhu as CFO.
  • On Finovate.com: “Fidelity Investments Acquires eMoney Advisor for Reported $250 Million”
  • The Philippine National Bank deploys core banking solution and EFT switching solution from FIS.
  • ABC2 News in Baltimore talks with Robb Gaynor of Malauzai Software about mobile banking apps.
  • Thinking Bigger profiles Blooom and its new way to 401(k).
  • The Costa Rica Star features Azimo, a money-transfer service.
  • Financial Advisor’s look at assets managed by roboadvisors highlights Wealthfront, Financial Guard, Personal Capital, and Betterment.
  • Jumio enhances capturing technology for its ID card-scanning service, Netverify.
  • Discussion of the “positive powers” of fintech in The Guardian features ACI Worldwide, Azimo, TransferWise, Ripple, and Blockchain.
  • Check out our final Sneak Peek before we launch into a record-breaking FinovateEurope.
  • CSO Online features Nymi, Myris, and EyeVerify.
  • Kabbage funding More Than $3 Million per Day.
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– December 16, 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.jpgTop Image Systems announces closing “six-figure eFLOW5 deal” with leading Asia-Pacific bank.
  • ACCESSbank to deploy turnkey insurance agency courtesy of Insuritas.
  • Klarna payment solution now integrated into ekmPowershop.
  • D3 Banking partners with ProfitStars to offer iPay Consumer Bill Pay.
  • Pymnts interviews Jingit, Spreedly, and TSYS CEOs on what they think will make or break 2015.
  • Pymnts: PayPal Loan Program to Compete with Lending Club.
  • ShopKeep gives free NFC reader to new customers wanting to accept ApplePay.
  • Finovate Debuts: EyeLock’s Myris Device Authenticates Using Iris Identification.
  • Arroweye Solutions to Provide Debit and Prepaid Card Production to DMS Bank & Trust Ltd. 
  • ZenPayroll now lets companies match employees’ charitable donations.
  • Arxan Integrates With IBM Security AppScan and Trusteer Products.
  • Mint launches bill pay and management platform.
  • Entersekt Receives Honorable Mention in 2014 Gartner Magic Quadrant for User Authentication.
  • Interactions closes strategic deal to acquire AT&T Watson speech recognition and natural language understanding platform.
  • Consumer Reports features AnchorID, Betterment, Blooom, EverSafe, FutureAdvisor, iQuantifi, MaxMyInterest, and Wealthfront in its column, “Bright Ideas for a Prosperous 2015.”
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 25, 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.jpgFenergo wins Outstanding Achievement in International Growth award from Irish Software Association.
  • Global Debt Registry launches Debt Lookup, a free online service for consumers.
  • Eastern University chooses ACI Worldwide to power its payment plan and tuition payments.
  • Monitise, FreeAgent, True Potential, and Nostrum Group earn spots in Deloitte UK Technology Fast 50.
  • Pymnts.com: PayStand takes eChecks to the next level.
  • Finovate Debuts: PayItSimple’s Financing Tool Gives Customers Extra Time to Pay for Goods, Interest-Free
  • Pymnts considers Mitek’s growth and future plans.
  • ProfitStars launches behavior-driven marketing capabilities with Kernel.
  • Western Heritage Credit Union hires Insuritas to install their insurance agency for the CU’s 10,000 members.
  • Actiance announces enhanced voice recording for Microsoft Lync 2013.
  • Billhighway takes “Triple Crown” in Workplace Culture Awards with #6 rank on Crain’s Cool Places to Work List.
  • Temenos positioned as a leader in Gartner’s Magic
    Quadrant for International Retail Core Banking.

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 22, 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.jpgProfitStars introduces new image capture technology with Alogent Interactive Capture.
  • iQuantifi opens its cloud-based virtual advisor platform to financial institutions.
  • Swiss-based PostFinance launches new digital banking platform powered by Backbase.
  • CIO Review names Authentify 1 of the 20 more promising educational tech solution providers.
  • Temenos further expands its US operations.
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.