Finovate Alumni News

On Finovate.com

  • “Wallaby Upgrades Credit Card Optimization Solution with Spend Monitor”; come see Wallaby at FinDEVr, San Francisco, 6/7 Oct.

Around the web

  • Backbase-powered Touch Bank goes live in Russia. Check out what Backbase has for developers at FinDEVr San Francisco on 6/7 October.
  • Top Image Systems appoints Andrew Pery as new CMO.
  • Campus FCU integrates Alkami Technology’s ORB Platform into its core banking system.
  • Green Dot launches mobile cash-processing technology.
  • Security First Bank picks FIS to provide core banking system.
  • PayPal hires John Rainey, former United Airlines executive, as new CFO.
  • Fox Chase Bank to deploy SilverLake core system from Jack Henry.
  • “Cachet Introduces Express Mobile Deposit Solution for Small Financial Institutions”
  • EVO Snap* to fast track EMV migration for software vendors and retailers; partners with Handpoint.
  • Macquarie Capital Securities and TradeHero launch Warrant Hero, a virtual warrant competition, with RM100,000 in prize money to be given away.

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

  • “Santander UK Launches Cash Kitty PFM App Developed with Kalixa, Monitise”

Around the web

  • Lend Academy podcast features Kathryn Petralia, Kabbage co-founder. Come see Kabbage at FinDEVr 2015 in San Francisco.
  • GMC Software releases GMC Inspire R10 customer communications management software.
  • DevNetwork profiles WePay at the API World 2015 conference.
  • DriveWealth joins with World Merit to promote the first Financial Literacy Challenge.
  • Sonavation unveils technology that puts fingerprint sensors under Gorilla Glass.
  • Top Image Systems inks deal with Bahrainian Xerox distributor, Business International all.
  • Dallas Business Journal interviews Chris Camillo, TickerTags founder.
  • Prosper begins debt-sale recovery strategy; charged-off loans will be packaged together for a debt sale.
  • AlwaysOn selects Taulia as an AlwaysOn Global 250 winner.
  • Beehive Startups takes a peek at MX’s culture. Check out MX’s presentation for developers at FinDEVr 2015 in San Francisco.
  • GROWMARK selects Avalara AvaTax Excise & Returns Excise Enterprise. Avalara will present at FinDEVr 2015, 6/7 October.
  • Forbes column on top fintech trends highlights MaxMyInterest, Prosper, Lending Club, Betterment, Vanguard, CUneXus, Patch of Land, and DarcMatter.

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

  • “PayPal’s Early Valuation Tops $44 Billion”
  • “Monitise to Emphasize API, On-Site Solutions in Strategy Shift”

Around the web

  • Xero to offer foreign invoice payments via new partnership with Midpoint Holdings.
  • Loop featured in profile of Samsung Pay.
  • PYMNTS.com takes a look at PayPal CEO Dan Schulman’s conversation with the Financial Times.
  • Gulf News Banking highlights Zopa in its review of the rise of P2P business lending.
  • Ferratum Group selects Mambu to Power SME Lending.
  • Top Image Systems to deploy an automated multichannel and mobile data-capture project for online financing company that provides funds to India-based SMBs.
  • Lighter Capital closes 100 deals.
  • CDApress recommends FamZoo to help kids understand personal finance skills.
  • Credit.com blog lists Global Debt Registry as a tool to help get rid of an old debt.
  • Better ATM Services CEO Todd Nuttall quoted in Australian Times column on how technology delivers a growing share of bank services.
  • The Bitcoin News interviews the new online marketing manager for Bitbond, Chris Grundy.
  • Wall Street Journal features PsychSignal in a review of stock market sentiment and social media.
  • Inc. feature on Silicon Prairie highlights Blooom, Hip Pocket, and Dwolla.
  • Rise in tech investment in the United Kingdom credited to companies like Azimo and Currency Cloud in London’s fintech sector.
  • Forbes column on investing for millennials features Hedgeable.
  • Realty Mogul adds two new vice presidents of commercial real estate.

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

  • SumUp Unveils New Financing of Undisclosed Amount
  • FinDEVr 2015: First Round of Presenting Companies Revealed
  • Ixaris Launches Initial Phase of Open Payment Ecosystem (OPE) Project

Around the web

  • Prosper to charge fee for investors who bundle loans into bonds.
  • Spreedly now supports third-party tokens.
  • US Bank signs five-year renewal for Fiserv digital payment suite, including CheckFree RXP, Popmoney, and TransferNow solutions.
  • LendingTree announces new CFO, COO, CTO, and CRO.
  • PYMNTS.com interviews Jonathan Hancock, TSYS director of fraud-management solutions.
  • Lending Robot launches new, default ‘fully automated’ mode, that allows users to set a risk profile on a slider bar.
  • Lending Club partners with nonprofit Opportunity Fund to feed loans rejected by Lending Club.
  • Backbase set to launch its first hackathon, 19/20 June 2015.
  • EuroNews features Kabbage, Lending Club, and On Deck.
  • Actiance launches Actiance Trusted Communities to enable companies to communicate with counterparts while meeting regulations.
  • Blackhawk Network to acquire Achievers Corp.
  • Global Debt Registry makes Account Extinguishment Reports (AERs) available free to consumers using its Debt Lookup service.
  • Top Image Systems Achieves Certification with PaperStream IP Image Enhancement Solution.

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: TrueAccord Provides Kinder, Gentler Automated Debt Collection”
  • “HedgeCoVest Adds Two New Models to its Platform”
  • “CashSentinel Closes Seed Round of Undisclosed Amount”

Around the web

  • Dunkin’ Donuts, Fandango, Sundance Catalog and Williams-Sonoma now accept Visa Checkout.
  • Moven updates Android mobile app.
  • The Fintech blog features Q&A with LendUp CEO Sasha Orloff.
  • Bank Innovation profiles Hedgeable and its “one simple trick.”
  • Westpac Banking Corporation and New Zealand Banking Group are testing Ripple for payment transfers between subsidiaries.
  • Ixaris announces €4m Open Payments Ecosystem (OPE) project to support developers building payment apps.
  • TSYS to support Apple Pay when it launches in the U.K. in July.
  • Omnichannel account-opening solution from Zenmonics goes live at BBVA.
  • Austin Energy to adopt PaySecure platform from Acculynk.
  • Investopedia column on the “Top 5 Myths of Robo-Advisors” features Betterment, Wealthfront, and Vanguard.
  • BrightScope launches Fund Pages to provide detailed information about open-ended mutual funds.
  • Sam’s Club using Lending Club to offer financing to SMB customers.
  • FitSmallBusiness.com names OnDeck best provider of small business loans.
  • SunGard terminal selects Heckyl news and sentiment analysis.
  • Pindrop Security granted patent for phone antifraud and authentication technology.
  • Top Image Systems taps Bob Fresnel as new TIS Americas President.

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

  • “PayPal’s Braintree Tapped to Turn Pinterest Browsers into Consumers”
  • “EyeVerify’s Partnership with Turkish Reseller Yields Vodafone Contract”
  • “U.K.-based TransferWise: Growth and Metrics Updates

Around the web

  • TradeHero updates mobile iOS app.
  • WSJ features how Venmo helps users instantly move money more cheaply.
  • Apple lists Xero among group of business apps Apple is using to market the iPad for use in business.
  • Indianapolis Business Journal looks at the rise of robo-advisors Betterment, Wealthfront, Hedgeable, and Motif Investing.
  • TSYS launches its Chip Card on Demand to help issuers make the transition through the October chip-liability shift.
  • Top Image Systems unveils its new mobile account opening and onboarding app, MobiENROLL.
  • Benzinga interviews Igor Gonta, CEO of Market Prophit, on the launch of his Twitter-based, social media, smart beta index.
  • Fox Business features Planwise, LendUp, Trulioo, Plaid, Wealthfront, TrueAccord, WePay, Flint, Lending Club, Prosper, LendingRobot, and FutureAdvisor in its roundup of “30 Hot Fintech Startups to Watch.”
  • New York Business Journal reviews its gamification strategy of PFM solution, Qapital.
  • Financial Times profiles LendUp and the “grubby end of U.S. debt.”

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

  • Actiance Picks Up $28 Million from New and Existing Investors
  • LendKey Adds $8 Million in Venture Debt; Reaches $800 Million in Loans

Around the Web

  • SimplyTapp and Top Image Systems team up to bring HCE mobile payment technology to FIs in the Asia Pacific region.
  • Braintree integrates Android Pay into its v.zero SDK to ease merchant adoption.
  • Global Debt Registry unveils new API service to speed access to consumer-debt data and documents.
  • Avoka and NAMU earn “most innovative customer engagement” and “best customer experience” honors respectively at Citi Mobile Challenge.
  • Bible Money Matters reviews the new Betterment RetireGuide.
  • Placecast introduces its mobile data-management platform (DMP) as a stand-alone solution.
  • Nomis Solutions joins Center for Pricing and Revenue Management at Columbia University.

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.

Top Image Systems Unveils its eFLOW Lending Solution to Optimize Processing for Originators

This post is part of our live coverage of FinovateSpring 2015

FS2015_TopImageSystems_logoOur next presenting company is Top Image Systems, demonstrating its innovation in loan-origination technology.

eFLOW Lending is Top Image Systems’ financial technology innovation designed to transform what is currently a very manual, time-consuming, and expensive origination process into a streamlined, automated, self-service-enabled experience with automatic “completeness checks” during the application process. With the ability to automatically capture and process any volume of documents—of any type, anywhere, at any time—eFLOW Lending optimizes loan processing, increasing accuracy and efficiency for originators. Through document classification and automated data-capture, TIS’ solution enables cost reduction and decreases mortgage-processing cycle-times while ensuring maximum security and compliance.

Presenters: Taylor Adkins, technical product management; Alayne Pregeant, senior director, global marketing

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Product launch: May 2015

Metrics: Following our IPO in the mid-90s, we recently raised $15M in a secondary offering in February 2014; 2013 annual revenue: $40M; employees: 250
Product distribution strategy: Direct to Business (B2B), through financial institutions

HQ: Tel Aviv, Israel
Founded: March 1991
Website: topimagesystems.com
Twitter: @TopImageSystems

Finovate Alumni News

On Finovate.com

  • Last Call for FinovateSpring 2015 Tickets! Join us in San Jose next week!

Around the web

  • Venture Scanner Insights features Motif Investing and TransferWise.
  • Top Image Systems names Carsten Nelk as chief technology officer.
  • DeviceFidelity picks up patent for its implementation of NFC.
  • CSI globalV Card wins multiple honors at the 2015 Communicator Awards.
  • Alcatel launches smartphone with EyeVerify biometric technology.
  • Striata partners with e-signature provider, CIC, to enable document execution via email.
  • Actiance now supports Skype for Business and Yammer.
  • ebankIT launches Watch Bank, an app that allows you to perform banking transactions on the Apple Watch.

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.

 

FinovateSpring 2015 Sneak Peek: Part 8

FS2014_stageshot_profile_Loop

Today marks our final Sneak Peek preview. We hope you’ve enjoyed the opportunity to get to know a little about the companies that will be taking the stage at FinovateSpring 2015.

Register today to see and meet these innovators in person on 12/13 May at our upcoming conference in San Jose, California.

If you’ve missed an edition, our complete Sneak Peek series for FinovateSpring 2015 is below:

And now let us introduce you to the final fourteen companies of FinovateSpring 2015. See you in San Jose!


FS2015_Finaeos_logoFinaeos automates the back office and capital-raising compliance.

Why it’s great
Serves the demand for new ways to invest, save, and generate income by investors across the globe.

  • Founded: 2015
  • HQ: Victoria, British Columbia, Canada

FS2015_Finicity_logoFinicity helps developers build powerful apps to drive financial software innovation.

Why it’s great
TXPUSH Interface to the Finicity API Platform.

  • Founded: 1999
  • HQ: Salt Lake City, Utah

FS2015_MoneyAmigo_logoMoney Amigo is a social money interaction platform that solves the lack of simple and clustered services for the unbanked and underbanked.

Why it’s great
Money Amigo makes managing money fast, fair, and friendly.

  • Founded: 2015
  • HQ: Las Vegas, Nevada

FS2015_Ondot_logoOndot Systems builds white-label solutions that enable financial institutions to provide security and convenience for their customers.

Why it’s great
Our platform brings innovation to mobile card services.

  • Founded: 2011
  • HQ: San Jose, California

FS2015_Onovative_logoOnovative’s powerfully simple marketing automation software helps financial institutions meet the challenge of cross-selling current customers.

Why it’s great
Onovative provides banks and credit unions with modern APIs and a simple UI to help them grow.

  • Founded: 2013
  • HQ: Jeffersonville, Indiana

FS2015_Outski_logoOutski’s platform improves employee health and wellness, increases productivity, and reduces job-related stress.

Why it’s great
Outski helps companies improve margins and reduce costs by focusing on the health and well-being of their employees.

  • Founded: 2013
  • HQ: Tucson, Arizona

FS2015_PrairieCloudware_logoPrairie Cloudware provides a comprehensive set of omnichannel, digital payment services to solve the need for more security, convenience, and control when purchasing goods and services online and in-store.

Why it’s great
We are a cloud-based, open platform that allows consumers to access and use their preferred payment mechanisms and accounts via the financial institution’s digital channels.

  • Founded: 2012
  • HQ: Omaha, Nebraska

FS2015_Slice_logoSlice’s technology provides item-level purchase-data across the largest base of online consumers (two million and counting).

Why it’s great
Slice’s one-of-a-kind Purchase Graph technology.

  • Founded: 2010
  • HQ: Palo Alto, California

FS2015_SmartAsset_logoSmartAsset provides a tools-and-content platform to give consumers personalized and actionable advice.

Why it’s great
Leverage our Automated Financial Modeling technology to make significant personal finance decisions.

  • Founded: 2011
  • HQ: New York City, New York

FS2015_Token_logo_snagToken is a new payment rail that solves the “faster payments” problem for banks, businesses, and consumers.

Why it’s great
A new open bank API, an unbreakable identity system, developer tools, and a wallet app for business and consumers.

  • Founded: 2015
  • HQ: Los Altos Hills, California

FS2015_TopImageSystems_logoTop Image Systems introduces the eFLOW mortgage, which eliminates the manual, time-consuming and expensive mortgage-origination process.

Why it’s great
Top Image Systems’ IQA (Image Quality Analysis) provides unparalleled accuracy, security, and ease of use.

  • Founded: 1991
  • HQ: Tel Aviv, Israel

FS2015_Vanguard_logoVanguard introduces the Funds Visualizer to rid investors of suboptimal portfolio construction.

Why it’s great
Our interactive, 3-D, data visualizations of diversification provide unique insights when it comes to building portfolios.

  • Founded: 1975
  • HQ: Valley Forge, Pennsylvania

FS2015_Vouch_logo_414updateVouch is the first social network for credit, enabling consumers to connect and share creditworthiness so they get the financial products they deserve.

Why it’s great
Vouch is for anyone who believes they are more than their credit score.

  • Founded: 2013
  • HQ: San Francisco, California

FS2015_Whodini_logo_snagWhodini helps merchants engage customers using social media marketing, reaching loyal customers with targeted offers.

Why it’s great
At Whodini, we help local businesses know their customers better.

  • Founded: 2004
  • HQ: Westport, Connecticut

Finovate Alumni News

On Finovate.com

  • MX Raises $30 Million in Series A Investment

Around the web

  • Encap Security to support Samsung fingerprint scanner as part of version 3.0 of its Smarter Authentication technology. See Encap at FinovateSpring 2015 next month in San Jose.
  • Dutch banking group ABN AMRO to deploy wealth-management solution, WealthSuite, from Temenos.
  • Top Image Systems wins recognition at 2015 IT Innovation Awards (IT Innovationspreis) for MobiPAY.
  • PayPal partners with Tillster, an online ordering platform.
  • Green Dot names MasterCard its exclusive transaction processor and network gateway.
  • American Banker: New Moves by Coinbase, Ripple Advance Digital Money Tech.
  • Currency Cloud appoints former Deutsche Bank CIO, Mitchel Lenson, as a non-executive director.
  • IP Commerce launches new version of Commerce Sync to automatically transfer sales info from a POS system or e-commerce solution into accounting software on a daily basis.
  • InComm partners with Russian internet giant Mail.Ru Group.
  • Stratos now shipping its all-in-one smart credit card. Come see Stratos at FinovateSpring in San Jose.
  • Open Source Project.com features Open Bank Project.

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: OnlinePay.com’s Mobile Wallet Review.

Around the Web:

  • Estonian Inventor profiles TransferWise.
  • Wipro names Rajan Kohli to head the company’s year-old digital business unit.
  • Nomis Solutions partners with Tangerine to develop new customer engagement models.
  • Arxan Technologies wins finalist spot in SC Awards 2015 Europe for Best Mobile Security Solution.
  • Malay Mail Online feature on rob-advisors looks at Betterment, FutureAdvisor, LearnVest, Motif Investing, Personal Capital, and Wealthfront.
  • Milano Finanza reviews SecureSafe.
  • Kalixa leveraging recent acquisition of PXP to transition from DTC to B2B offering.
  • Zooz opens new office in London.
  • Globe Street interviews Realty Mogul’s SVP of residential lending, Shea Palette.
  • Xignite customers gain access to OTC Market Group’s 15-Minute Delayed Level 1 data courtesy of new agreement.
  • Business Insider UK lists Blockchain as one of the 25 most exciting Bitcoin startups.
  • American Banker: BBVA Compass chooses Kony for Mobile App Development.
  • Top Image Systems to provide processing solutions and account automation technology to German utility.

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.