Finovate Alumni News

On Finovate.com

  • A Score for Socure: The Digital ID Company Lands Funds from Santander.
  • Digital Payments Guardian from Prairie Cloudware Goes Live at Multibillion Dollar Regional Bank.
  • Tradeshift Unveils Go,the First B2B Virtual Assistant for Managing Business Expenses and Travel.
  • With Ripple, Seven Banks Test Out the Blockchain.

Around the web

  • TSYS and Equinox team up to launch semi-integrated EMV payment solution for Value-Added Resellers.
  • Forbes column on “millennial money mistakes” features Kapitall.
  • iQuantifi founder and CEO Tom White writes about goal-based selling for BankDirector.com.
  • Accusoft wins spot in 2016 SD Times 100 for its innovations in software development.
  • Prairie Cloudware’s Digital Payments Guardian mobile wallet goes live with multi-billion dollar regional bank.
  • Fintech profile interviews Cloud Lending CEO Snehal Fulzele.
  • Fiserv launches Notifi to deliver actionable alerts.

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.

Ripple Receives BitLicense to Sell XRP

RippleHomepage

After New York State began requiring companies to carry a license to engage in virtual currency activity, Ripple has received a BitLicense from the New York Department of Financial Services today. This marks the first New York BitLicense for institutional use of digital assets.

The San Francisco-based company, owner of a distributed ledger and host of the digital currency XRP, will leverage the license to gain footing into New York banks. As CEO Chris Larsen says, “With the BitLicense in hand, we look forward to working with our New York bank customers seeking to use XRP for liquidity and cost savings.” XRP offers banks access to a global payments infrastructure that increases transaction speed, certainty of settlement, and lowers the costs related to treasury operations, payment processing, liquidity and compliance.

The company launched the Ripple Network at FinovateSpring 2013 and recently announced a new initiative to help banks test Ripple integration without disrupting their operations. Early this year, Ripple partnered with SBI Holdings to boost interest in the ASEAN region.

Finovate Alumni News

On Finovate.com

  • “2016 CNBC Distruptor 50 Features Klarna, Kabbage, Twilio, and Motif Investing”
  • “Ping Goes the Blockchain: Partnership Brings Consensus, Kill Switch with New Platform”
  • “Ripple Receives BitLicense to Sell XRP”

Around the web

  • FICO launches its Academic Engagement Program, helping business students get hands-on experience with analytic software.
  • Mashable features Dashlane in its list of “7 can’t miss apps.”
  • Ping Identity partners with blockchain innovator, Swirlds.
  • Braintree announces new integrations with Demandware and Netsuite.
  • Top Image Systems earns spot in the Russell Microcap Index.
  • Bloomberg Businessweek profiles TransferWise, ‘London’s Lonely Unicorn.’
  • The economist looks at Strands and Entrepreneurial Finanace Lab’s roles for businesses in developing countries.
  • Unicredit launches Appathon powered by Open Bank Project.
  • Crowdtrader looks at C.K. Mack’s new take on crowd-sourced real estate investing.

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

  • “Token Facilitates PSD2 Compliance with New Payment Network”
  • “CrowdFlower Closes on a $10 Million Round Led by Microsoft”
  • “Finovate Debuts: IBM’s Wealth Management Solution Gives Advisers an Edge”
  • “MOX Pay from Malauzai is First to Unveil RDC as Payment Option”

On FinDEVr

  • “Flybits Earns Gartner Cool Vendor Recognition in its Platform-as-a-Service 2016 Report”

Around the web

  • TechCrunch: Dashlane launches a password-management tool for the enterprise.
  • AppsTechNews chats with Kony CTO Bill Bodin on the pace of enterprise app change.
  • “Kabbage Named a CNBC Top Disruptor”
  • Benzinga profiles Betterment CEO Jon Stein.
  • Me/CU to deploy account-processing platform and digital banking suite from Fiserv.
  • Insuritas to power insurance solution for Patelco CU.
  • NICE Actimize teams up with Mphasis to provide anti-fraud, enterprise risk, and compliance solutions.
  • Volate Technologies launches solution for “plug and play” integration with Ripple.
  • ACI Worldwide partners with U.K.-based Raphaels Bank to provide access to the Faster Payments Scheme.

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.

Ripple’s New Partnership Lets Banks Test Blockchain and Ripple Integration

Ripple’s New Partnership Lets Banks Test Blockchain and Ripple Integration

RippleHomepage

Distributed open source payment network Ripple has extended its partnership with Expertus Payment Platform to offer banks a way to explore use of the blockchain and Ripple’s distributed ledger for real-time payments.

The two companies originally partnered in April to provide a real-time payments product that offers lower costs, fee transparency, and better liquidity management. The combined solution has the capability to process all payment types 24 hours a day/seven days a week and is designed to support exponential growth. According to Expertus president Jacques Leblanc, “Several banks have already joined the program and have realized the benefits of blockchain.”

The testing service promises minimal process disruption and makes integration easy by plugging into a bank’s existing infrastructure. Steve Mollenkamp, head of channel sales at Ripple, says the newly launched pilot program “will contribute to the growth of the Ripple network, enabling even more financial institutions to improve their cross-border payments.”

Ripple launched in 2012 to offer banks a way to transact directly with each other without the need for a central authority. This lowers operational costs, enhances transparency, and paves the way for real-time transactions. The San Franciso-based company launched the Ripple Network at FinovateSpring 2013.

Last month, Deloitte announced a full integration with the Ripple protocol and Santander became the first U.K. bank to do blockchain-based international payments using Ripple.

Finovate Alumni News

On Finovate.com

  • “Ripple’s New Partnership Lets Banks Test Blockchain and Ripple Integration”
  • Quantopian Adds Chief Investment, Compliance Officers Ahead of Opening Fund to Public”

On FinDEVr.com

  • UpGuard Brings Better Vulnerability Detection to ServiceNow”

Around the web

  • Kasasa partners with AudioEye to offer accessibility for community banks.
  • Zopa customers have borrowed $72 million+ this year for home improvement, a 54% increase in home improvement loans compared to the same period last year.
  • Ripple launches blockchain pilot program in partnership with Expertus.
  • Banking Technology reports that Temenos is nearing a core banking software deal with Iran’s Ayandeh Bank (Future Bank).
  • Fiserv earns a spot in Newsweek’s 2016 Green Ranking, which evaluates corporate environmental performance.
  • Google’s Economic Impact report profiles Onovative.
  • HousingWire reports: Mason-McDuffie Mortgage announces partnership with tech company Blend.
  • B2B Nation HR interviews PayActiv CEO Safwan Shah.
  • Infoworld feature on AI shares insights from OutsideIQ CEO Dan Adamson.
  • DigSouth highlights DoubleNet Pay and WealthForge in its look at fintech startups from the American South.

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 Alums Help Represent Fintech Innovation in Israel”

On FinDEVr.com

  • “Mobeam Barcode Beaming Technology Gains Broader Integration with Samsung Pay”
  • “Up from Down Under: VIX Verify Chooses Atlanta’s Transaction Alley for Americas Headquarters”

Around the web

  • The American Genius interviews Gene Austin, Bazaarvoice CEO.
  • Ripple and Temenos partner to power direct, real-time, bank-to-bank settlements for Deloitte.
  • Ignite Sales wins Gold Stevie award for sales and marketing intelligence excellence for a second year in a row.
  • Vantiv and Payment Logistics team up to provide EMV payment solutions for Action Systems.
  • Strongsuit interviews Stuart Frankel, Narrative Science CEO and co-founder.

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

  • “Trustly Goes Live with P2P Payments at Avanza Bank”
  • “TWINO’s First Year: 2,500 Investors Fund $24.6 Million in Loans”
  • “Ormsby Street Partners with Deutsche Bank to Launch CreditHQ in Germany”

On FinDEVr.com

  • “Speed of Lightning, Roar of Thunder: Blockchain Unveils Off-Chain Bitcoin Payments Network”

Around the web

  • Version 6.0 of PayPal app discontinues support for Amazon Fire, Windows, and Blackberry phones.
  • Neyber selects Cloud Lending Solutions for loan automation.
  • Mircea Mihaescu’s blog features Moven.
  • SafetyPay partners with online travel agency ViajaNet.
  • Santander to build international payments app using blockchain technology from Ripple.
  • Technology from Cachet Financial Solutions to power mobile deposit solution for LCNB National Bank.
  • Credit Suisse chooses FIS Derivatives Utility for post-trade futures and cleared OTC derivatives operations and technology.

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

  • “mCASH Pivots to AUKA, Launches Mobile Payments Services Across Europe”

Around the web

  • IBM launches quantum computing as a cloud service. See IBM demo next week at FinovateSpring.
  • CGI Group adds Ripple Connect to its Intelligent Gateway at Payments.
  • Bluefin Payment Systems integrates Visa Data Secure Platform into its portfolio.
  • BBVA Compass cardholders gain access to Android Pay and Samsung Pay.
  • “GreenKey Appoints Richard Garnier Chief Revenue Officer”

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: Nexmo Brings Seamless Multifactor Authentication to Mobile Banking Apps”

On FinDEVr.com

  • “GreenKey Unveils New CEO and May Launch of Instant Messenger Aggregator”

Around the web

  • Xero and Waddle team up to combine cloud accounting with invoice financing.
  • Hyperwallet to help expert freelancers on OnFrontiers network get paid.
  • New York Times’ DealBook profiles Ripple.
  • MasterCard unveils new remittance service in Bangladesh with partners Western Union, bKash, and BRAC bank.
  • Kony and Cognizant partner to jointly develop and deliver solutions to enhance efficiencies and security.
  • Markit to power Thornburg Investment Management’s enterprise data-management solution.
  • CGI Financial Services to add Ripple gateway to its portfolio of payment solutions.
  • Hanse Orga partners with Taulia to guide organizations through supply-chain decisions with an interactive dashboard.

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

  • Check out this week’s FinDEVr APIntelligence.
  • “Avalara, Signifyd Bring Sales Tax, Fraud Solutions to Magento E-Commerce Marketplace”
  • “Ixaris Receives $6 Million in Funding After Spinning Off from Parent Company”

Around the web

  • BankNxt’s BIGcast interviews CEO Steve Hoffman of SayPay Technologies.
  • OutsideIQ joins fintech accelerator, Bank Innovation INV, as an API partner. See OutsideIQ at FinovateSpring in San Jose next month.
  • Vix Verify opens new offices in Atlanta, Georgia’s Transaction Alley as part of American expansion.
  • Algomi partners with IPC Systems to support buy-side users of its Honeycomb network.
  • Bank Innovation takes a look at CBANC and its effort to make social media work for banks.
  • “AuthenticID Wins All Payments Expo Shark Tank with CatfishAIR Identity Verification Solution”
  • Chase launches OnDeck-powered SMB Loan platform.
  • “CardFlight and Miura Systems Partner to Offer EMV and NFC Mobile POS Solution to the U.S Market”
  • MIT adopts Ripple validator to advance consensus and blockchain research.
  • “LPL Selects BlackRock’s FutureAdvisor as Robo Platform”
  • CIOReview names Praesidio in list of top 20 Most Promising Banking Technology Solution Providers for 2016.

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

  • “Aire Receives Funding from Accion Venture Lab”
  • “Refund.me Brings its Air Travel Compensation Service to Business”
  • “Credit Sesame Launches SnapLoan, The Amazon One-Click for Consumer Loans”

On FinDEVr.com

  • “Envestnet | Yodlee Unveils its Risk Insight API”

Around the web

  • Global Debt Registry announces plans to bring loan-validation technology to marketplace lending industry.
  • CryptoCoinNews takes a look at recent funding for Stratumn, a blockchain development platform.
  • P2Binvestor teams up with independent adviser, MW Eaglewood Americas.
  • Locavesting profiles StreetShares, which in mid-May will begin lending to small businesses.
  • Crowdfund Insider interviews Cloud Lending CEO Snehal Fulzele.
  • Cachet Financial and Ingo Money renew partnership.
  • Ripple adds former HSBC payments executive and SWIFT board member, Marcus Treacher, as its new global head of strategic accounts.
  • LendKey announces it has underwritten, originated, and deployed more than $1 billion in capital to borrowers.

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.