Finovate Alumni News

On Finovate.com

  • Q2 Leverages MX Technology to Launch Contextual PFM
  • PTIN Gives Members Access to BizFi’s Aggregation Marketplace

Around the web

  • iSignthis to verify ultimate beneficial owners (UBOs) for fellow Finovate alum, Ixaris.
  • ABA Bank leverages TranzWare from Compass Plus to launch new Cash by Code service.
  • Top Image Systems earns spot as sample vendor in Gartner Hype Cycle for Digital Banking Transformation 2016.
  • Coinbase to extend its Bitcoin, ether services to both Canada and Singapore.
  • The Economist reports how EquityZen is catching on.
  • PC Magazine labels Xero the fastest accounting-software innovator.

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

  • BizFi Lands $20 Million from Metropolitan Equity

On FinDEVr.com

  • Quovo Teams Up with Totum Wealth to Improve Client Account Aggregation for Wealth Managers

Around the web

  • Markit chooses corporate events data from Wall Street Horizon for its research, analysis, and news interface, Markit Hub.
  • IBM joins The Chamber of Digital Commerce, the world’s leading trade association for the digital asset and blockchain industry.
  • Jack Henry & Associates introduces the ProfitStars Financial Performance suite.
  • Mid-sized European medical device maker agrees to deploy eFLOW AP from Top Image Systems.
  • Digital Insight teams up with PSCU to launch Card Management Services for Digital Banking.
  • Alliance Credit Union ($395 million ) selects Insuritas to open and manage its turnkey insurance agency.

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

  • Ledger Launches Newest Hardware Wallet: Nano S.
  • ThetaRay Signs with ING Netherlands to Detect SME Lending Fraud.

On FinDEVr.com

  • Goldman Sachs Leads $44 Million Investment in Plaid.

Around the web

  • Oklahoma’s Welch State Bank ($227 million) to deploy core account-processing platform from Fiserv.
  • Qumram adds Peter Ödman and Patrick Barnert to its board of directors. Ödman elected board chair.
  • Top Image Systems inks eFLOW AP for SAP deal with Swiss road construction and civil engineering firm.
  • PageFreezer partners with Actiance for social media archiving.

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

  • “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

  • Finovate Debuts: Payment Ninja Provides Free Payment Processing, Programmatic Remarketing for SMEs.
  • Alpha Payments Cloud Selected for Wells Fargo Spring Startup Accelerator.
  • Check out this week’s FinDEVr APIntelligence.
  • DriveWealth Brings Robo-Advisory to China in New Partnership with CreditEase.
  • Buzz Points Lands $1.8 Million in Funding.

Around the Web

  • Cater Allen Private Bank to implement new core banking system from Temenos.
  • Top five Israeli banks to build mobile check-deposit solution based on mobiFLOW SDK from Top Image Systems.
  • Zopa named Moneyfacts Personal Loan Provider of the Year 2016.
  • Trulioo enhances address validation in Global Gateway.
  • MX to power Homeownership Preservation Foundation’s digital money management app.
  • Tradestreaming profiles Payoneer and its role in online payments.
  • Banking technology from Infosys Finacle to help support payments and deposit products for Paytm.

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

  • “San Francisco Times Recognizes Credit Karma as Best Fintech Company”

Around the web

  • Markit partners with BitSight Technologies to enhance its Know Your Third Party (KY3P) platform.
  • Coinbase launches Buy widget to create a better Bitcoin buying experience.
  • Wipro open sources its big data solution, Big Data Ready Enterprise (BDRE).
  • itBit publishes its Bitcoin OTC Market Recap for March.
  • American Banker looks at the relationship between EyeVerify and Wells Fargo.
  • Money Q&A reviews Wall Street Survivor.
  • AltFi investigates how the loan-validation expertise of Global Debt Registry might help the P2p lending market.
  • Q2 subscribes to FI Navigator’s cloud-based mobile banking module.
  • Top Image Systems delivers $100,000 eFLOW project to subsidiary of a national postal service group in Asia-Pacific.
  • Barron’s features Student Loan Genius and PayActiv as employee benefits aimed at millennials.
  • Xero featured as one of first New & Notable Apps on Google Apps Marketplace.
  • SF Business Times features CEO Talbott Roche of Blackhawk.

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 Alums Help Represent Fintech Innovation in Israel

Israel_FlagPYMNTS.com published an interesting, metric-based post on the tech scene in Israel. The post emphasized that while the country has a well deserved reputation as a “cybersecurity hotspot,” it is also true that “Israel’s tech ambitions and prowess extend much further.”

The salient statistic for me: 430—the number of fintech startups headquartered in Israel—is highly impressive, considering only 90 fintech startups existed in 2009.

With that in mind, here’s a look at some recent Israel-based Finovate alums who are helping make the country one of the world’s key locations for fintech innovation.

Our 14 Israel-based Finovate alums have raised more than $164 million in funding. Two alums—NICE Systems and Top Image Systems—are publicly traded on the Nasdaq, and two more—Capitali.se and TipRanks—have won Best of Show awards.

TheFloor_Israelfintechhub

There’s no doubt the fintech in Israel is on the move. The country’s first fintech hub, The Floor, was launched in 2015, and as of March 2016 is now located at the Tel Aviv Stock Exchange. Writing about why fintech innovation is thriving in Israel, VentureBeat’s Avi Zeevi of Carmel Ventures highlighted a few key features:

  • Mastery of relevant technologies such as real-time analytics, cybersecurity, and risk management
  • Legacy of success creating a “startup ecosystem (with) massive amounts of knowledge”
  • The country has learned from other key global financial centers
  • Global financial institutions have a presence and have been investing in Israel
  • Israeli FIs “have always been open to innovation”

“All of this had led to a dramatic rise in investments in Israel fintech companies,” Zeevi wrote. “By addressing the needs of both developed and emerging markets, Israeli fintech will only continue to grow.”

Are you an Israel-based Finovate or FinDEVr alum that we overlooked? Send us an email at research@finovate.com and we’ll update our roster.

 

 

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.

 

Finovate Alumni News

On Finovate.com

  • Where are they now? A look at FinovateSpring 2015 Best of Show Winner Successes.
  • “PayPal Marks U.K. Rollout of PayPal Credit with Interest-Free Financing”

On FinDEVr.com

  • “FICO Launches Score Simulator, Adds New CIO Claus Moldt”

Around the web

  • ebankIT shares top honors with Kerv at Temenos Innovation Jam.
  • Top Image Systems inks $115,000 accounts-payable deal with unnamed U.S. technology company.
  • Xceed FCU transitions to Fiserv-hosted DNA account-processing platform.
  • INETCO powers BECU’s omnichannel monitoring and analytics solutions that won the Celent Model Bank Award in the omnichannel category.
  • Red Herring Europe names Featurespace a Top 100 company.
  • Backbase powers Altyn-i, a new digital bank in Kazakhstan.
  • “Signifyd Launches Fraud Protection App for Magento 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.

Finovate Alumni News

On Finovate.com

  • “Malauzai to Offer Geezeo-Powered PFM Tools”

On FinDEVr.com

  • “FinDEVr New York Presentation Videos Live on FinDEVr.com”

Around the web

  • Top Image Systems appoints Kristian Niklasson as its new chief services officer.
  • Alkami Technology teams up with Easy Solutions to add anti-fraud technology to its digital banking platform.
  • Irish Tech News interviews Moven CEO Brett King. See Moven at FinovateSpring next month in San Jose.
  • Fiserv Investment Services President Cheryl Nash named executive leader for Envestnet Institute On Campus’ “Women in Wealth Management” program.
  • API report covers Streamdata.io.
  • ThreatMetrix launches new release with deeper decision analytics, enhanced mobile offering, and stronger authentication capabilities.
  • BehavioSec, Nationwide, Unisys Team Up on Biometrics.

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

  • “Ledger Launches Blockchain Open Ledger Operating System”
  • “Finovate Debuts: VoicePIN Offers an Easy Biometric Login Solution”
  • “Finovate Debuts: SuiteBox Introduces its Virtual Meeting Rooms for Financial Professionals”

On FinDEVr.com

  • Avalara teams up with WooCommerce to help online merchants manage sales taxes.

Around the web

  • OnDeck partners with Innovate Finance to debut Transatlantic Policy Working Group.
  • LandlordReferencing.co.uk to use Netverify from Jumio to comply with the U.K.’s new Right to Rent law.
  • The United Bank of Egypt upgrades to latest Misys core banking solutions as part of major modernization of retail, SME, and corporate businesses.
  • Top Image Systems launches next generation, automated accounts payable solution, eFLOW AP.
  • Zopa’s new lender products are live.
  • Golden West CU processes 15 new applications for insurance products in first 30 days of deploying Larky.
  • Coinbase introduces stop orders on Coinbase exchange.

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

  • “DealFlow Closes Million Dollar Convertible Note”
  • “Algomi Gains Investment, Strategic Advisory from Tom Glocer, former Thomson Reuters’ CEO”
  • “Prosper Marketplace Teams Up with HomeAdvisor to Improve Access to Home Improvement Financing”

Around the web

  • Misys FusionBanking Loan IQ goes live at Virtus Partners.
  • Top Image Systems launches its next-generation accounts-payable automation solution, eFLOW AP.
  • Blackhawk Network names Anil D. Aggarwal to its board of directors.
  • App Annie acquires app marketing data company, AppScotch.
  • Temenos again recognized by IBS Intelligence as best-selling core banking software provider.

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.