Finovate Alumni News

On Finovate.com

  • “Scalable Capital Scores $7.9 Million”
  • Check out this week’s FinDEVr APIntelligence.
  • “Finovate Alums Dominate The FinTech50’s Inaugural Hall of Fame”

Around the web

  • New strategic partnership connects Klarna’s checkout solution with Modo’s digital payments hub.
  • NICE Actimize unveils its Actimize AML Essentials, AML cloud solution.
  • Ixaris spins off its payment technology division, Ixaris Technologies.
  • European payment providers partnered with TSYS to get access to alerts service.
  • Misys teams up with Dorsum to enable FusionBanking Essence customers to trade directly from their accounts.
  • Payroll in Xero now available in Georgia, reaching 21 states.
  • Richard Steggall, co-founder and CEO of Urban FT, chats with PYMNTS.

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 and Kabbage Partner to Bring Same-Day Funding to U.K. SMEs”
  • “iSignthis Facilitates Instant Bitcoin Purchases on Coinify”

On FinDEVr.com

Around the web

  • Trunomi announces partnership with InAuth, combining fraud protection with mobile customer onboarding and lifecycle management.
  • MyMoneyMobile selects real-time, ID scanning technology from Jumio.
  • Investment News looks at how Betterment and Wealthfront have added data aggregation, and considers Vanguard’s partnership with Envestnet|Yodlee.
  • InvestorDaily considers the pending release of BlackRock’s FutureAdvisor in Australia.
  • Featurespace selected as a finalist for the 2016 RedHerring Top 100 Europe Award.
  • Barlow names Xero TaxTouch most innovative at 2016 Banking Technology Awards.

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.

Pamela Joseph Tapped as New President, COO at TSYS

Pamela Joseph Tapped as New President, COO at TSYS

TSYS_homepage_Mar2016

Fintech veteran Pamela Joseph has been chosen by TSYS to serve as the company’s new president and chief operating officer. The move comes less than a year after Joseph retired from her position as vice chair of U.S. Bancorp’s payment services division.

M. Troy Woods, TSYS CEO and chairman, called Joseph “immensely respected” among payments professionals. Woods said her “deep familiarity” with TSYS would help the company “deliver people-centered innovation in this rapidly evolving payments industry.”

Joseph praised TSYS’s “best in class technology platforms” and the “blue-chip” customer roster, and says she looks forward to “driving additional client and partner benefits through product innovation and service enhancements.”

In addition, Joseph will also be a part of the TSYS board of directors.

During her 11-year tenure at U.S. Bancorp, Joseph was responsible for all of the company’s electronic product lines (consumer credit, corporate, debit, global acquiring, prepaid, purchasing and fleet card programs, and small business). She was honored as one of the Most Influential Women in Payments by Payments Source, and as one of the Most Powerful Women in Banking by American Banker.

Joseph also served as chair of U.S. Bancorp subsidiary, Elavon, the fourth-largest merchant acquirer in both the United States and Europe. Her previous experience in the industry includes stints at Visa International (director of new market development) and Wells Fargo. She is credited for implementing a solution to mitigate $300 million in revenue lost each year because of changes required by the Durbin Amendment—all without major price changes for cardholders—and for helping U.S. Bancorp become the first U.S. bank to issue a contactless EMV card back in 2011.

Founded in 1983 and headquartered in Columbus, Georgia, TSYS demonstrated its Spend Controls for Consumers technology at FinovateSpring 2013.

Finovate Alumni News

On Finovate.com

  • “Pamela Joseph Tapped as New President, COO at TSYS
  • “Wells Fargo to Deploy Biometric Authentication Technology from EyeVerify

Around the web

  • PYMNTS reports: Worldpay transactions up 14% post-IPO.
  • Mitek launches mobile deposit in the United Kingdom with other countries to follow.
  • Dwolla’s Jordan Lampe contributes TechCrunch article about the state of faster payments in the United States.
  • Fiserv adds new features to its Unified Wealth Platform.
  • Jack Henry’s ProfitStars division unveils its ECS RDC conversion technology.
  • Betterment to extend account aggregation to all its customers.
  • BBVA Compass introduces Sandra Lee as brand ambassador to its BrightFutures platform.
  • Zooz reports that Gett, an on-demand taxi service, now routes global transactions through its platform.

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

  • “Personal Capital Exceeds $2 Billion AUM”
  • “WorkFusion Raises $14 Million Series C Round Led by Nokia Growth Partners”
  • “DoubleNet Pay, Token Earn Spots at Plug and Play Accelerator”
  • “SocietyOne Appoints Former WestPac Exec as CEO”

Around the web

  • Payoneer powers international payments for South American e-commerce merchant, Linio.
  • TSYS certifies the new mobile EMV solution from Handpoint.
  • Global Retail Banker interviews Dilip Rao, head of business development and operations for Ripple in the Asia-Pacific region.
  • “Micronotes Names Artificial Intelligence Innovator and MIT Expert Dr. Luis Perez-Breva to Board of Advisors”
  • “Avoka Named Top Ten FinTech Worldwide by KPMG”
  • Notable features Financeit’s COO, Casper Wong.

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

  • Spreedly Secures $3 Million Financing Round”
  • Xendpay Brings its Money Transfer Service to Tanzania, Burkina Faso”
  • Cardlytics Takes Advantage of its Massive Amount of Customer Spend Data”

Around the web

  • Encap Security unveils version 3.1 of its Smarter Authentication platform, including support for Android fingerprint API.
  • Canada’s digital-first EQ Bank goes live with RetailSuite from Temenos.
  • TSYS and Ethoca team up to fight CNP fraud with the TSYS Transaction Recovery Network.
  • i-exceed technologies earns recognition in Gartner’s 2016 look at MADP vendors around the world. See i-exceed at FinDEVr 2016 in New York in March.
  • WSJ builds article on Cardlytics data.
  • Pymnts highlights cost savings from using the Ripple network.
  • Payments Source features Linkable Networks.
  • Signifyd extends integration with Shopify Plus.
  • Moven partners with Freelancers Union.
  • Check Point and IBM Security to share threat intelligence, announce product integrations.
  • TIO Networks ranks 2nd in top 10 tech companies on the 2016 TSX Venture 50.
  • Taulia launches global partner community, announces new partnerships.

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.

TSYS to Acquire TransFirst for $2.35 Billion

TSYS to Acquire TransFirst for $2.35 Billion

TSYSHomepage

Georgia-based payment solutions company TSYS announced the purchase of merchant-solutions provider TransFirst. The $235 billion, all-cash transaction will offer TSYS access to TransFirst’s 235,000 U.S.-based SMB clients. The deal is expected to enhance the ecommerce and omnichannel offerings of TSYS—making it the sixth-largest U.S. acquirer based on net revenue—and will boost its SMB client base to upwards of 645,000 merchants.

TransFirst’s 1,000 U.S.-based employees will join the TSYS workforce of 10,500. Upon closing the transaction, Mark Pyke, senior EVP and president of the TSYS merchant segment, will vacate his six-year career at TSYS, and be replaced by John Shlonsky, TransFirst president and CEO.

In a video, Troy Woods, chairman, president and CEO of TSYS, discusses the transaction with Shlonsky:

https://youtu.be/nRU1FLnsgO4

The deal is expected to close next quarter.

TSYS last demoed at FinovateAsia 2013 in Singapore, where the company debuted Authorization Controls.

Finovate Alumni News

On Finovate.com

  • Betterment: Building a Better 401(k) with Betterment for Business
  • Check out today’s “FinDEVr APIntelligence”
  • TSYS to Acquire TransFirst for $2.35 Billion”
  • Alpha Payments Cloud Wins ‘Next Generation Payments’ Category at KPMG FinTech Innovation Challenge”

Around the web

  • Bluefin Payment Systems teams up with CDE, an audited encryption service organization.
  • Equity Bank to deploy multi-factor, mobile authentication technology from Entersekt.
  • Let’s Talk Payments interviews Sam Rehman, Arxan Technologies’ CTO.
  • Nasdaq.com features interview with B.J. Lackland, CEO of Lighter Capital.

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.

Finovate Alumni News

On Finovate.com

  • Check out this week’s “FinDEVr APIntelligence”
  • “Finovate Debuts: ArcBit Introduces its Secure, Easy-to-Use Bitcoin Wallet”
  • “FIS Closes SunGuard Acquisition to the Tune of $5.1 Billion”

Around the web

  • CSI globalVCard launches partnership program for banks for its electronic payments program.
  • SavingAdvice.com highlights how Personal Capital can help you gain control of your finances.
  • Credit Sesame features millennial-friendly robo-adviser investment-platforms: Betterment, FutureAdvisor, SigFig, Blooom.
  • Quisk selected as a 2015 Red Herring 100 Global Winner.
  • TSYS signs payments agreement with Atlanticus to continue support of loan-origination platform, Fortiva.
  • Digital Insight unveils Business Banking, an SaaS solution to enable FIs to offer personalized banking experiences to business customers.
  • Q2 opens new offices in Lincoln, Nebraska, to accommodate growth, acquisition of Centrix Solutions.
  • Xignite Market Data APIs now available on SoundHound’s Houndify sound recognition and search-technology platform.
  • Let’s Talk Payments features Trustev, Trulioo, and Trunomi in its look at “RegTech” startups in Europe and the U.S.
  • Temenos wins “Best Provider of Front-to-Back Wealth Suite Solutions” at Asian Private Banker’s Technology Awards 2015.
  • Avalara partners with open-source billing and payments platform, Kill Bill.
  • Silicon Prairie News interviews Daniel Carnes, CSO at Prairie Cloudware, on the future of cybersecurity.

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.

Finovate Alumni News

On Finovate.com

  • “Finovate Debuts: DriveWealth Brings U.S. Stocks to Overseas Investors”
  • “FinovateEurope 2016 Presenting Companies Announced
  • “Personal Capital Lowers Investment Minimum from $100,000 to $25,000″

Around the web

  • Intuit teams up with Kiva to provide small business financing via QuickBooks financing platform.
  • National Bank of Abu Dhabi, (Nbad) Egypt, to deploy BankWorld from CR2.
  • Xero announces new partnerships with Bigcommerce and KPMG.
  • Open Bank Project partners with Ulster Bank to organize Hack Make the Bank, Jan 29 thru 31, 2016.
  • CIBC and Thinking Capital partner to expand SMB lending in Canada.
  • Entrust Datacard releases Datacard MX Series Laser 350 that provides new personalization features.
  • CardFlight announces EMV approval and certifications via TSYS for mPOS solution.
  • Taulia joins the OFS portal community.
  • Fidelity Charitable partners with Coinbase to allow people to contribute bitcoin to their donor-advised funds.

This post will be updated throughout the day as news and developments emerge. You can also follow all alumni news headlines on the Finovate Twitter account.

Finovate Alumni News

On Finovate.com

  • Finovate Alums earn top honors at U.K.’s Emerging Payments Awards.

Around the web

  • NPR’s Morning Edition features Greg Smith, president of Blooom, in a segment on robo-advisory.
  • Diebold and SimplyTapp team up to introduce a white-label mobile wallet.
  • Trulioo now provides real-time ID-verification coverage in India.
  • INTECH licenses Digital Payments Guardian from Prairie Cloudware.
  • Yodlee integrates with Salesforce Financial Services Cloud.
  • TSYS and Ingenico partner on new solution to simplify EMV certification.

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

Finovate Alumni News

On Finovate.com

  • Commentary: “”Prosper Signals Move into PFM with $30 Million Acquisition of BillGuard
  • Thanks to Xignite, the #FintechRevolution Will Be API’d”

Around the web

  • Lending Club adds Indiana, Kansas, and Nebraska, expanding its services to 36 states.
  • Premier Bank in Bangladesh extends payments agreement with TSYS, upgrading to PRIME4.
  • iSignthis to provide KYC services to Danish payment processor and card acquirer, Clearhaus, beginning in early 2016.
  • LeasePlan Bank implements Matrix digital banking platform from Five Degrees.
  • Peoples Bank & Trust hires Insuritas to launch turnkey insurance agency.
  • Kaspersky’s blog mentions Twilio’s Authy as a way to protect your ID on a smartphone.
  • Avalara announces the availability of a benefits program exclusively for U.S. QuickBooks ProAdvisors® and their clients.
  • Celent advises banks to be more like Fidor Bank in order to remain relevant.
  • The Neutral Internet Exchange NL-ix will use Interxion Cloud Connect to connect to Microsoft Azure as a part of its new cloud connectivity services.
  • TABB Research features Heckyl Technologies, Market Prophit, PsychSignal, and TickerTags in its new report on “social alpha 2.0.”
  • Nexmo teams up with mobile operator, H3G, to bring its SMS-based user-authentication technology to Sweden and Denmark. See Nexmo at FinDEVr 2015 in San Francisco next month.

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.