Finovate Alumni News

On Finovate.com

  • Onfido to Power KYC for Arro Money.
  • IdentityMind Global Introduces Anti-Fraud Solution for ICOs.
  • Entrust Datacard Teams with Gemalto.

Around the web

  • Fiserv sells 55% of Lending Solutions business to Warburg Pincus.
  • Lendio announces new Lendio franchise in New Hampshire’s Seacoast Region.
  • Financeit appoints Dante Tamburro as general counsel and Chief Compliance Officer.
  • Ripple to power instant payments to China courtesy of new partnership with LianLian International.
  • The Future Laboratory leverages technology from Quid to build its Trends of the Trends 2018 report.
  • Mint2Save reviews universal mobile wallet app, Soundpays.
  • Gartner recognizes NICE as a leader in Workforce Engagement Management for a second year in a row.
  • PYMNTS interviews Jumio Director of Product Management, Reinhard Hochrieser on the challenges of abandonment in online banking.
  • Expensify unveils website enhancements to improve credit card import, simplify billing currency section.
  • Lend Street Financial and Marqeta earn spots in The Tech Tribune’s list of the 10 Best Tech Startups in Oakland.
  • National Australia Bank (NAB) to allow business customers to make payments directly via Xero’s accounting platform rather than its own online banking site.

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’s 2015 Best of Show Winners Give Something to Tweet About

Finovate’s 2015 Best of Show Winners Give Something to Tweet About

BestofShowIMG

2015 was quite a year for the 800+ Finovate alumni. From acquisitions to IPOs, and everything in between, there was plenty to tweet about. Here are the highlights from the 2015 Best of Show winners:

FinovateEurope 2015

Avoka demoed a three-minute loan application that delivers a fast onboarding experience.

CoinJar showed a technology that enables consumers to buy, sell, and use digital and traditional forms of currency any way they choose, from dollars to bitcoins.

ebankIT demoed its omnichannel and social banking solution that maximizes interaction between FIs and clients.

eToro showed its innovations in social trading and investing for generation Y.

Jumio demoed credentials-management technology Netverify that turns mobile devices into ID document-scanning terminals.

mBank & i3D demoed their interactive, digital retail-branch concept.

Meniga showed off Market Match, its transaction-data analytics and enrichment engine.

FinovateSpring 2015

Alpha Payments Cloud demoed AlphaHub, its omnichannel access platform that helps banks, merchants, MSPs, and ISOs gain access to any solution provider in the world.

Avoka (see above)

Money Amigo showed technology that brings financial services to the underbanked and underserved, delivering traditional banking products in an innovative way.

Moven launched Moven Financial Health Platform that provides real-time contextualized notifications and interactions that create “gamified money moments.”

NAMU Systems demoed “Joyful Banking” which uses new and intelligent behavior modeling to focus on customer behavior and digital experiences to create a new standard in mobile banking.

Shoeboxed.com showcased its Receipt Capture for Banks, a solution that boosts functionality of online and mobile banking apps while providing fraud protection.

Stratos demonstrated its dynamic Stratos Bluetooth-connected card and digital card issuance platform that analyzes card-usage trends and interactively engages card members.


FinovateFall 2015

Blockstack.io launched technology that enables financial services and other enterprises to set up and build applications on a private, hosted blockchain.

Dyme showcased its innovative method for helping people start a savings habit and fund their lifestyle using text messaging.

Dynamics demoed fully programmable interfaces (stripe, EMV, NFC) for use in next-generation payment cards.

Finanteq launched its SuperWallet that helps banks take full advantage of their potential by integrating m-commerce and remote services with mobile banking.

Hedgeable: demoed its private banking platform for millennials.

HelloWallet showed its Retirement Explorer solution, an approachable and actionable online planning tool that helps employees model and work toward specific retirement outcomes.

SaleMove demoed its Engagement Platform and Omnicall technologies that enable online consumers to engage live with businesses as if they were face-to-face.

Soundpays showed its app that recognizes ultrasonic and sonic waveforms even in extremely noisy environments.


Want to see more award-winning demos of the newest fintech ideas? Pick up your ticket FinovateEurope 2016 and we’ll see you in London.

Soundpays Appoints Steve Doswell CEO

Soundpays Appoints Steve Doswell CEO

SoundPaysHomepage

DoswellSoundpays, a startup whose technology enables customers to make P2P payments using inaudible sound, has appointed a new CEO this week. The Toronto-based startup’s board of directors selected Steve Doswell (pictured right) to succeed Peter Misek as CEO.

Misek, who will remain on the Soundpays board of directors, says:

Steve Doswell has been credited for shaping the growth of some of North America’s most influential and valuable companies. He’s an exceptional leader, passionate about our mission, and has an impressive history of working with start-ups at a similar stage of growth as Soundpays.

Prior to his appointment, Doswell served as CEO of Dubai-based First Information Security. He also has a history in the pharmaceutical industry and worked as chief operating officer at AOL Canada in 2007.

Soundpays debuted at FinovateFall 2015 and won Best of Show.

Finovate Alumni News

On Finovate.com

  • Soundpays Appoints Steve Doswell as CEO”
  • Backbase’s 2015 Metrics Report Cites 35% YoY Revenue Growth”
  • FundAmerica Shares Growth Metrics, Plans for 2016″
  • LoanNow Secures $50 Million Credit Facility”

Around the web

  • Billhighway awarded National Best and Brightest Company to Work For for fourth year in a row.
  • CloudLock and Check Point Partner to attack hybrid cloud shadow IT and malware through detection, quarantine, and eradication.
  • InComm acquires TibiDono, Austria-based marketing and gift-card-distribution company.
  • Cachet Financial Solutions to power RDC solutions for Illinois-based Algonquin State Bank.
  • Roostify appoints Iyad Darcazallie CFO and COO, names Scott Stein VP of sales.
  • GMC Software named leader in Gartner Magic Quadrant for Customer Communications Management Software for third consecutive year.

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.

Soundpays Appoints Steve Doswell as new CEO

Soundpays Appoints Steve Doswell as new CEO

SoundPaysHomepageSoundpays, a startup whose technology enables customers to make P2P payments using inaudible sound, has appointed a new CEO this Doswellweek. The Toronto-based startup’s board of directors selected Steve Doswell (pictured right) to succeed Peter Misek as CEO.

Misek, who will remain on the Soundpays board of directors, says:

Steve Doswell has been credited for shaping the growth of some of North America’s most influential and valuable companies. He’s an exceptional leader, passionate about our mission, and has an impressive history of working with startups at a similar stage of growth as Soundpays.

Prior to his appointment, Doswell served as CEO of Dubai-based First Information Security. He also has a history in the pharmaceutical industry and worked as chief operating officer at AOL Canada in 2007.

Soundpays debuted at FinovateFall 2015 and won best of show.

Finovate Alumni News

Around the web

  • Wipro appoints Abidali Neemuchwala, CEO and member of the board, and names TK Kurien as executive VP.
  • Top Image Systems announces quarter-million-dollar eFLOW5 upgrade project of Hong Kong subsidiary of a top-ten Chinese bank.
  • Let’s Talk Payments interviews Peter Burridge, Hyperwallet CRO and president.
  • PYMNTS interviews WePay’s Global Vice President of Sales and Success Kurt Bilafer about customer intimacy in online commerce.
  • Fortune: How Venmo plans to make money.
  • PayPal and Aramex partner to create www.ishoptheworld.com, a one-stop cross-border marketplace.

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.

FinovateFall 2015 Best of Show Winners Announced

FinovateFall 2015 Best of Show Winners Announced

BoS_TrophiesShot_FF2015

The Best of Show votes for FinovateFall 2015 have been cast and counted! After two days and 70 live demos of the latest in fintech innovation, our attendees made their opinions known as to which companies earned “Best of Show” (see footnotes for voting methodology).

This year at FinovateFall, it was the debuting companies that made some of the biggest impressions on our record-setting Finovate audience. Of the eight companies to take home “Best of Show” honors, five of them were making their very first appearance on the Finovate stage.

So with a hearty “Congratulations!” let’s meet the Best of Show winners of FinovateFall 2015 (in alphabetic order):

BlockstackioLogoBlockstack.io for its technology that enables financial services and other enterprises to set up and build applications on a private, hosted blockchain.

 

dymeDyme for its innovative method for helping people start a savings habit and fund their life using text messaging.

DynamicsLogoDynamics for its fully programmable interfaces—stripe, EMV, NFC—for use in next-generation payment cards.

 

FINANTEQLogoFinanteq for its SuperWallet that helps banks take full advantage of their potential by integrating m-commerce and remote services with mobile banking.

HedgeableLogoHedgeable for its private banking platform for millennials.

 

HelloWalletLogoHelloWallet for its Retirement Explorer solution, an approachable and actionable online planning tool that helps employees model and work toward specific retirement outcomes.

SaleMoveSaleMove for its Engagement Platform and OmniCall technologies that enable online consumers to engage live with businesses as if they were face-to-face.

Soundpays_logo_FF2015Soundpays for its patent-pending technology that allows the app to recognize ultrasonic and sonic waveforms even in extremely noisy environments.

We had a great time at FinovateFall 2015 and hope you enjoyed the show, as well. Thanks, as always, to everyone who attended, sponsored, partnered with and demonstrated their latest technologies at FinovateFall 2015. We’ll see you next year!


Notes on methodology:
1. Only audience members NOT associated with demoing companies were eligible to vote. Finovate employees did not vote.
2. Attendees were encouraged to note their favorites during each day. At the end of the last demo, they chose their three favorites.
3. The exact written instructions given to attendees: “Please rate the companies on the basis of demo quality and potential impact of the innovation demoed.”
4. The eight companies appearing on the highest percentage of submitted ballot were named “Best of Show.”
5. Go here for a list of previous Best of Show winners through 2014. Best of Show winners from FinovateEurope 2015 are here. Best of Show winners from FinovateSpring 2015 are here.

Soundpays Previews its Sound Wave-based Universal Mobile Wallet App

Soundpays Previews its Sound Wave-based Universal Mobile Wallet App

SoundpaysThis post is part of our live coverage of FinovateFall 2015.

As we near the end of the second morning session, here is mobile wallet innovator, Soundpays.

We are a universal mobile wallet app that uses sound waves to transmit transaction details. This allows users to pay using their favorite debit/credit card with their smartphone online, in store, via digital signage, and on TV.

Presenters: CEO Peter Misek and CTO Jason Squire (not pictured)

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Product Launch: October 2015
Metrics: 5 full-time employees
Product distribution strategy: Direct to Consumer (B2C), Direct to Business (B2B), through financial institutions, licensed

HQ: Toronto, Ontario, Canada
Founded: May 2005
Website: soundpays.com
Twitter: @soundpays

 

FinovateFall Sneak Peek: Soundpays

FinovateFall Sneak Peek: Soundpays

Soundpays_homepage_Aug2015

The Sneak Peek series looks at the innovators demoing live on stage at FinovateFall 2015. Be sure to pick up your tickets to our annual autumn conference, and we’ll see you in New York!

Soundpays_logo_FF2015The mobile wallet from Soundpays is an entirely unique system in the world of mobile payments and the first to enable secure transactions with nothing more than regular sound waves.

Features of Soundpays:

  • Requires only a microphone/speaker and internet connection to work
  • No merchant hardware to install
  • Works on all mobile phones

Why it’s great
Soundpays integrates into existing POS and e-commerce engines and makes nearly all interactive media a living buy-button.

Presenters

Soundpays_PMisek_croppedPeter Misek, CEO, Founder
Misek is a globally recognized technology analyst with almost two decades’ experience on Wall Street, Bay Street, and City of London, including 15 years of VC experience.

 

Soundpays_JSquire_croppedJason Squire, CFO, Founder
Creating Canada’s first 4G network in the early 2000s is just one of Squire’s notable achievements; he has a decade-plus of mobile- and cloud-development expertise.

 

 

 

FF2015BannerNoDate

Finovate Alumni News

On Finovate.com

  • “Finovate Debuts: Slice Introduces Intelligent Shopping API”
  • “Arxan Technologies Drafts Joe Sander as CEO”

Around the web

  • Kasasa reaches milestone: 300+ community FIs now offer Kasasa to members, a total of 823,000 accounts.
  • NY Times lists Betterment, Coinbase, Wealthfront, ZenPayroll as companies that may be the next startup unicorns.
  • Crowdfund Insider: Zopa tops £1 million in loans, a U.K. first for peer-to-peer lending.
  • Global News interviews Karl Martin, Nymi CEO and founder.
  • Trustly bolsters team with appointments from H&M and Klarna.
  • FIS launches financial inclusion lab in India.
  • SME Insider interviews CurrencyTransfer.com‘s CEO Daniel Abrahams.
  • Silanis to deploy eSignLive technology with TransGuard and Occidental Fire & Casualty.
  • Puerto Rico-based Evertec to enable mobile e-commerce courtesy of Acculynk’s PaySecure.
  • Payoneer wins contract with Dailymotion.
  • NPR interviews Pindrop Security‘s CEO Vijay Balasubramaniyan.
  • Selling Power ranks OnDeck 17 out of 50 on its list of 2015 Best Companies to Sell For.
  • Nostrum Group receives FCA authorization for debt administration to cover its involvement in customer loan accounts and debt collection.

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.