Finovate Alumni News

On Finovate.com

  • Conversation.one Among U.S. Fintechs to Join Finastra’s FusionFabric.cloud Platform.
  • ShopKeep Launches on Android to Broaden Hardware Options.
  • GoodData Launches GoodData Spectrum UI Tools.
  • identitii Forges New Partnership with Robot Automation Specialist Blue Prism.

Around the web

  • Interactions unveils enhanced IVA platform to deliver the omnichannel intelligent virtual assistant capabilities.
  • QuantConnect users now have access to Algorithm Framework, a tool that breaks down algorithmic trading strategies into core modules to make code reusable in the QuantConnect community.
  • Temenos announces launch of its Front Office Suite.
  • Bluefin partners with Paya to provide PCI-validated point-to-point encryption.

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

  • KeyBank Acquires HelloWallet from Morningstar.
  • Zopa Receives $41 Million Investment to Support Challenger Bank Launch.

Around the web

  • Scalable Capital wins Financial Innovation of the Year from the Online Personal Wealth Awards.
  • MaxMyInterest introduces 1.31% preferred rate courtesy of new partnership with UFB Direct.
  • SumUp announces availability in more than 1,500 retail locations throughout Europe.
  • Tuition.io Awarded ISO 27001 Certification.
  • Econiq models conversation behaviors of top-performing employees to enrich the omnichannel customer experience for banks and insurers.
  • OANDA teams up with QuantConnect to launch new algo trading 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.

Finovate Alumni News

On Finovate.com

  • “Finovate Debuts: Daon Brings Security and Convenience to Mobile Authentication”
  • “Quid Unveils New Data Visualization Solution, Opus

Around the web

  • Thomson Reuters partners with FX analytics firm, BestX.
  • Visa announces two-day, digital payments hackathon during 2016 UAE Innovation Week.
  • First Financial Bank chooses Fiserv as new technology partner.
  • FXCM and QuantConnect team up to offer live trading integration.
  • Kontomatik expands to Italy, now the tenth country served by Kontomatik’s banking API.
  • Envestnet | Yodlee unveils incoming 2016-2017 incubator class.
  • The Age reports SocietyOne to start making profits within the next 12 to 18 months.

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.

 

Finovate Alumni News

On Finovate.com

  • Mobino Inks Partnership with Paymint”

Around the web

  • JPMorgan announces partnership with OnDeck Capital.
  • Nigeria-based consumer-finance firm, RenMoney, to deploy cloud banking solution from Mambu.
  • Green Dot plans to launch new loan marketplace in 2016.
  • Freedom CU ($673m) chooses core processing technology from Jack Henry & Associates’ Symitar.
  • Smarter Analyst features Tradier, QuantConnect, TipRanks, and 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.

The #FintechRevolution Will Be API’d

FintechRevolutionAPIEcosystem

An open Fintech ecosystem for developers could be imminent, at least if Xignite has anything to say about it.

Fresh off its FinovateFall 2015 appearance, the financial market-data provider to many of fintech’s most innovative companies is spearheading a new initiative, the #FintechRevolution API Ecosystem. The goal of #FintechRevolution—a partnership involving more than 20 other technology companies and accelerators—is to make it easier for developers to get their hands on the APIs and tools they need in order to bring their innovations to life.

Stephane Dubois, CEO and founder of Xignite, says the initiative “consolidates the best-of-the-best in the fintech API ecosystem. It will now be easier for firms, large and small, to start and grow financial services and fintech companies just by leveraging the APIs in the ecosystem.”

Xignite_9728

From left: Xignite CEO Stephane Dubois, founder, and Anand Vidwanathan, developer, demonstrated Xignite Cloudstreaming at FinovateFall 2015.

Xignite divided the API contributions from the founding members into workflow, analytics and data categories. And, as Finance Magnates reports, a special emphasis should be placed on what it calls “non-traditional” APIs, the ones embracing inclusion of social and sentiment data alongside more-familiar financial data. This social data includes everything from the portfolio-management APIs of Advisor Software to the trader-mood-data APIs of PsychSignal.

The APIs from all of the founding members of the API ecosystem are listed in an integrated, Xignite-powered API catalog for easy access. All APIs have been vetted, and sales-and-support teams from all Ecosystem members are knowledgeable and ready to field questions from developers.

See the full list of founding members of the #Fintech Revolution below. The names of those companies that are also Finovate and/or FinDEVr alums are in bold.

Other founding members include incubators, Draper University in Silicon Valley, Fintech Sandbox in Boston, Level39 in London, and ValueStream in New York City.

Speaking of the initiative and its importance to startups and enterprises alike, ValueStream founding partner Greg Neufeld says, “We wouldn’t be investing our time, relationships and capital if we didn’t believe that the transformative changes happening today are merely the tip of the iceberg.” Neufeld is calling for innovators in fintech to work together to “build a better and stronger moat for the future.”

Neufeld says the entire industry of financial services is being “reinvented from the ground up,” and added: “We’re excited to be a part of this movement.”


FinDEVr2015LogoV2DateIf you are a developer, software architect, engineer, or CTO looking to hear from and network with some of the biggest builders in financial technology, then join us 6/7 October for FinDEVr 2015 in San Francisco. Save your spot and we’ll see you in the city by the bay!

Finovate Alumni News

Around the web

  • Seeking Alpha explains why a merger between Yodlee and FutureAdvisor makes sense.
  • Xconomy features Vince Turner’s Planwise.
  • American Banker features how Seattle-based Lighter Capital loans money to tech startups.
  • Cardlytics Wins 2 Silver Stevie Awards at 2015 American Business Awards.
  • Tradeshift to partner with C2FO to expand dynamic discounting solutions to a broader network of suppliers and buyers.
  • Financial Conduct Authority mentions how Nutmeg explains its fees and charges graphically.
  • Jack Henry acquires Bayside Business Solutions.
  • Fox News features Trulioo, Bionym, TransferWise, Kofax, and Numbrs in its column on “10 CEOs who are disrupting finance with technology.”
  • ProfitStars introduces Call Report Pro CU, a solution for meeting regulatory reporting requirements.
  • Hedgeweek takes a look at how QuantConnect enables quantitative traders to operate at a low cost.
  • PayPal acquires money-transfer provider Xoom.

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

  • Finovate Debuts: Token Creates a Secure Payment Ecosystem

Around the web

  • PYMNTS chats with Ripple Labs CEO Chris Larsen, co-founder.
  • Forbes lists Transferwise as 1 of 3 fintech startups you should know.
  • Inc. names Planwise, Trulioo, WePay, Flint in its look at the evolution of fintech.
  • After launching with Tradier, QuantConnect saw a 300% jump in user-engagement signals, including traffic, coding and backtesting.
  • Fiserv expands card-production capabilities to speed EMV chip-card migration.
  • TechCrunch column on fintech startups features Lending Club and LearnVest.
  • PYMNTS.com quotes LoopPay CEO Will Graylin in a discussion of how Apple, Google, and Samsung “pitch payments.”
  • Market Prophit adds Nasdaq Last Sale real-time data to its analytics platform.
  • Queens Gazette columnist calls MaxMyInterest “a way to get back at the banking industry for their pitifully low interest rates on savings.”
  • The Financial Times’ review of P2P lending for business and consumers features Zopa.
  • Ernst & Young name TransferWise co-founders Taavet Hinrikus and Kristo Käärmann “Entrepreneurs of the Year” for 2015.
  • Great Friday reading material! Draft co-founder Brad Lawler describes how he was inspired by Finovate.

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

  • MoneyHub: From Award-winning Startup to Enterprise-based Solution

Around the Web

  • Lending Club highlighted in FT Journal feature on “trickle-down innovation” in fintech.
  • Columbus Business First talks about Klarna CEO Brian Billingsley’s appearance on Jim Cramer’s Mad Money TV program.
  • Inman features Silanis Technology in a column on the growing use of e-signatures in mortgage lending.
  • Fort Community CU upgrades its Malauzai Software mobile SmartApp to support local rewards program.
  • Cinfed Federal CU hires Insuritas to launch its turnkey insurance agency solution.
  • FundAmerica launches its Invest Now button to provide compliant, friction-free capital-raising for crowdfunding platforms.
  • QuantConnect to offer its algorithmic trading platform via Tradier’s API.
  • Zooz and PayItSimple participate in Visa Europe Collab’s “100-Day Innovation Sprint.”
  • RealEstateTechNews takes a look at Realty Mogul and the launch of its new commercial real estate lending division.
  • Bank of the West redesigns, launches online banking service but on the Corillian Online platform from Fiserv.

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

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

  • Finovate Debuts: mydesq Helps Wealth Managers Save Time and Boost Engagement
  • YapStone Closes $60 Million Debt Financing Deal

Around the Web

  • Xignite recognizes innovative uses of its market data API at Capital One People & Money Hackathon.
  • CashStar teams up with IDT Telecom to expand digital gift card distribution among the underbanked.
  • Ingo Money closes acquisition of Fuze Network.
  • The Guardian Business profiles CurrencyFair co-founder Brett Meyers.
  • CSI globalVCard earns two finalist spots at the 2015 SIIA Software CODiE Awards.
  • Robust Tech House takes a look at the differences and similarities between Quantopian and QuantConnect.
  • Tibco updates Live Data Mart software with embedded predictive analytics and support for the internet of things (IoT) and in-memory data-grid technology.
  • Mozido to use SimplyTapp’s HCE technology to bolster payment platform.
  • Callcredit partners with Trulioo to power AML/KYC verification services. Come see Trulioo’s live demo at FinovateSpring in San Jose.
  • Notre Dame FCU to open full-service insurance agency powered by Insuritas.
  • Forbes talks to Trulioo about solving AML/ KYC for startups. Come see Trulioo at FinovateSpring.
  • Valid Soft deploys voice biometrics solution to a large U.S.-based corporation, its first U.S.-based customer.

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.