FinovateSpring Sneak Peek: Qumram

FinovateSpring Sneak Peek: Qumram

QumramHomepage

FS2016-wdateA look at the companies demoing live to 1,500+ fintech professionals on May 10 & 11. Register today.

Qumram provides a fully compliant, digital audit-trail by recording every digital interaction (web, social, mobile) securely and transparently in accordance with global regulatory requirements.

Features:

  • 100% recording for 100% compliance
  • Indisputable evidence for conduct risk and fraud detection – internal and external
  • Complete, end-to-end view of every customer’s digital journey

Why it’s great
For peace of mind, ensuring that your digital business is 100% compliant, and by recording indisputable evidence of every digital interaction, Qumram is the only answer.
QumramPresenter1

Presenters:

Simon Scheurer, Co-Founder and CTO
CTO Scheurer is a strategic technology advisor and entrepreneur. With Masters degrees in both mathematics and physics, Scheurer loves solving technical challenges.
LinkedInQumrampresenter2

Nicola Cowburn, CMO
CMO Cowburn is an accomplished financial services marketing executive, experienced in developing high-growth SMEs into successful global enterprises.
LinkedIn

Qumrampresenter3Patrick Barnert, CEO
CEO Barnert (and board member) is a visionary business leader and global entrepreneur. As SVP at OpenText, Patrick was responsible for $800 million in revenue.
LinkedIn

Finovate Alumni News

On Finovate.com

  • “TIO Networks Closes Purchase of Softgate Systems”
  • “Narrative Science Turns Business Intel into Data-Driven Stories”

Around the web

  • Top Image Systems inks a pair of banking process automation deals worth $700,000.
  • iSignthis brings its KYC technology to Chinese e-payment leader, YeePay.
  • WorkFusion and VirtusaPolaris team up to provide smart automation solutions for companies in banking and financial services.
  • Misys launches FinCloud, a new range of cloud solutions and global cloud environment.
  • Capgemini consulting services adds risk- and fraud-management technology from FICO.
  • Ignite Sales powering Regions Bank’s guided selling tool.
  • Ping Identity releases new Knowledge Center, a customer support and documentation 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.

 

Check Out Who Took Home Top Honors at Last Night’s European Fintech Awards

Check Out Who Took Home Top Honors at Last Night’s European Fintech Awards
GroupPhoto(Photo credit: http://www.fintech.nl/)

Last night in Amsterdam the 2016 European Fintech Awards celebrated innovators shaping the future of finance. A total of nine awards were presented to companies selected by a panel of judges for the quality of their pitch.

Four of the winners are Finovate and FinDEVr alums, including BehavioSec, who won the overall award of Best European Fintech Company of 2016:

BehavioSec
Category: Risk, Intelligence, and Security
HQ: Stockholm, Sweden
Founded: 2009
FinovateFall 2015 demo
FinDEVr San Francisco 2015 presentation

Backbase
Category: Innovative Banking Software
HQ: The Netherlands
Founded: 2003
FinovateEurope 2016 demo

Kreditech
Category: Financial Inclusion
HQ: Hamburg, Germany
Founded: 2012
FinovateSpring 2014 demo

Xpenditure
Category: Best of Show, selected for the best pitch
HQ: Mechelen, Belgium
Founded: 2011
FinovateEurope 2016 demo

A total of 29 Finovate and FinDEVr alums were recognized in the European Fintech Top 100 list. Companies awarded on this list were selected by a combination of online public votes (weighted 25%) and a panel of judges (weighted 75%).

  • AdviceGames
  • Kantox
  • Aire.io
  • Klarna
  • AMP Credit Technologies
  • Kontomatik
  • Azimo
  • Kreditech
  • Backbase
  • Mambu
  • BehavioSec
  • mBank
  • Cloud Lending Solutions
  • Meniga
  • ebankIT
  • Nutmeg
  • eToro
  • Qumram
  • ETRONIKA
  • Scalable Capital
  • eWise
  • SmartEngine
  • Fenergo
  • TransferWise
  • Holvi
  • Trustly
  • IdeaBank
  • Zopa
  • InvoiceSharing

The European Fintech Awards are organized by Amsterdam-based publishing company Alex van Groningen BV. The company offers a great explanation of the awards: “The purpose of the FinTech awards is not to scientifically prove who are the best FinTech companies. The judging is primarily based on the judges’ individual ideas and views on the nominating companies using their expertise, knowledge and ideas.”

Qumram Raises $2.5 Million to Bring Website Recording to North America & U.K.

Qumram Raises $2.5 Million to Bring Website Recording to North America & U.K.

QumramHomepage

Digital recording and archiving software provider Qumram raised $2.5 million (CHF 2.4 million) in funding this week. The funds come from Ariel Lüdi (former CEO of hybris software); Peter Stalder (former CTO of finnova AG); and investment group Zirkonia.

A group of investors from investiere.ch also contributed, furnishing almost 30% of the funds. In a press release, investiere.ch says it invested because the demand for Qumram’s services is growing, the company holds a good reputation, and it has a strong management team.

Qumram CEO Patrick Barnert notes that the company will leverage the funding “to extend the great success in central Europe to the two core financial services markets in the U.K. and U.S., and to further drive innovation within our product suite like Qumram Employee Governance Solution, which was first presented at FinovateEurope in London.”

Barnert added that the upcoming regulations, like MiFID 2 and FFSA, are driving an especially significant need for Qumram in the financial services industry.

The Switzerland-based company enables financial institutions to record their client’s online sessions to gather information for compliance, and to collect usage data to enhance the user experience. At FinovateEurope 2016, the company unveiled Qumram for Employee Governance, a solution that allows banks to carry out compliant, omnichannel communications and transactions with their customers over social media.

QumramSessionRecordAbove, Qumram for Employee Governance used for LinkedIn messaging

Founded in 2011, Qumram has 30+ customers across Switzerland, Germany, and the United Kingdom. The company was included in the FINTECH 100 list published by H2 Ventures and KPMG. Additionally, Qumram received accolades from Accenture’s Swiss Fintech Award, having been placed in the final top three.

Finovate Alumni News

On Finovate.com

  • “Finovate Debuts: InvestGlass Built a Robo-Adviser for Advisers”
  • “Intuit Developer Group Drops Financial Data APIs; Partners with Finicity to Ease Transition”
  • “Qumram Raises $2.5 Million to Bring Website Recording to North America & U.K.”

Around the web

  • Ripple opens new office in London.
  • Markit and IHS announce $13 billion merger agreement.
  • Quantopian to launch in Australia.
  • Vibrant Credit Union converts to DNA account-processing platform from Fiserv.
  • Finextra interviews James Redfern, eWise’s global head of sales.
  • PayPal’s Dan Schulman travels to Cuba to see how it can work with the country’s small businesses.
  • Kony updates Kony Visualizer 7.0, releases free starter edition.
  • StreetShares announces SEC approval for Regulation A+ deal.
  • The Evening Show with Simon Rose interviews Trustly’s Chief Commercial Officer.
  • Blackhawk Network’s CEO Talbott Roche receives PYMNTS Innovator Award for “Women Driving Innovation in Payments.”
  • VICE’s Motherboard features ZeroDB. See them live at FinDEVr 2016 on March 29 and 30.
  • Jumio sells assets to Facebook co-founder and early backer, Eduardo Saverin.
  • The Paypers interviews Nuno Sebastiao of Feedzai.

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.

FinovateEurope Sneak Peek: Qumram

FinovateEurope Sneak Peek: Qumram

Qumram_homepage_Jan2016

FEU2016_logo_withdateA look at the companies demoing live to 1,500 fintech professionals. Register today

Based in Zurich, Switzerland, Qumram provides software to record user sessions on web, social, and mobile to ensure regulatory compliance (i.e., MiFID II) and prevent fraud.

Features

  • Enable communication and transactions via social media for real customer centricity
  • Ensure compliance with Qumram session recording
  • Prevent fraud by identifying erratic behaviors

Why it’s great
The #1 solution for compliant, customer-centric banks, Qumram empowers banks such as UBS to engage and transact on all digital channels in a compliant manner.

Presenters

Qumram_ScheurerSimon Scheurer, Co-Founder & CTO

Scheurer is an experienced CTO, strategic technology advisor, and entrepreneur. As a “magician” with masters degrees in mathematics and physics, he loves solving technical challenges.
LinkedIn

 

Qumram_WegmuellerMathias Wegmueller, Co-Founder & Business Development

Wegmueller is an experience team leader, advisor for digital transformation strategies and projects. He is a seasoned consultant, entrepreneur, and board member.
LinkedIn

 

Patrick Barnert, CEOQumram_Barnert

Barnert is a visionary business leader as global entrepreneur and manager. He was senior vice president at OpenText, responsible for $800m revenue.
LinkedIn

Finovate Alumni News

On Finovate.com

  • PayPal Taps into Bitcoin by Adding Wences Casares to Board”
  • Taulia Raises $46 Million in Series E; Names New CFO”
  • Check out “Finovate Debuts: Authy’s Password Alternative”

Around the web

  • DriveWealth teams up with StockRadar to provide investors in China with access to U.S. stocks.
  • DNB Luxembourg goes live with Temenos core banking system.
  • Three credit unions in British Columbia—Bulkley Valley Credit Union, North Peace Savings and Credit Union, and Spruce Credit Union— choose DNA account processing technology from Fiserv.
  • Wealthfront launches new, free portfolio review service.
  • Insuritas to power insurance agency solution for Greater New Orleans Federal Credit Union.

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.