Finovate Alumni News

On Finovate.com

  • “Cardlytics Launches Syndicated Audiences”

On FinDEVr.com

  • Chain Launches Open Source Blockchain Protocol.

Around the web

  • ReadWrite features Tyfone’s launch of a new challenge at MIT focused on Internet of Things (IoT) security.
  • “Lending Club CEO Renaud Laplanche Receives Tribeca Disruptive Innovation Award”
  • Cointelegraph interviews Alexander Vityaz, founder of Corezoid and head of e-commerce at PrivatBank.
  • PayPal’s Venmo processed $3.2 billion in total payments volume in Q1 2016, an increase of 154% year-over-year.
  • Infosys Finacle teams up with Samsung SDS to give mobile banking customers better authentication technology.
  • A look at APIs in the robo-adviser industry by Bank Innovation underscores the role played by Xignite.
  • “Kasasa Wins Multiple Hermes Creative Awards”
  • Pendo Systems unveils version 3.1 of its data exploration, discovery, and analysis 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

  • Check out this week’s FinDEVr APIntelligence.
  • “Emailage Receives Strategic Investment from Wipro”
  • “CurrencyFair Raises €8 Million; Names New CMO”

Around the web

  • Xignite to provide free market data for FinTech Sandbox demo participants. Join Xignite in New York for FinDEVr next week.
  • 3dcart merchants gain access to end-to-end payment processing courtesy of Braintree. See Braintree’s presentation at FinDEVr New York.
  • PayPal to enable money transfers to Cuba via its Xoom acquisition.
  • Markit to supply FinTech Sandbox with fixed-income pricing and reference data.

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.

 

FinDEVr APIntelligence

FinDEVrNY16-V2(wdate)We’re taking our FinDEVr developer showcase to New York on March 29 & 30, 2016. Register today.

The latest from upcoming FinDEVr New York 2015 presenters:

  • In the U.K., PayPal Here SDK reveals first eight business partners.
  • Quartz asks, “Should Venmo Buy a Bank?”

Alumni updates

  • MX inks multi-year data-aggregation deal with USAA.
  • NAB Asset Servicing selects Thomson Reuters as its preferred data partner.
  • HuffPost Business features SimplyTapp and Kontomatik in its list of the five most useful APIs in the financial world.
  • Mitek elects CEO James B. DeBello as Chairman of the Board.

Stay current on daily news from the fintech developer community! Follow FinDEVr on Twitter.

Finovate Alumni News

On Finovate.com

  • “BillGuard App Changes Name to Prosper Daily”
  • “Capitalise.com to Join Microsoft Accelerator London”
  • “CashSentinel Launches in France with SFPMEI Partnership”
  • “StockViews Raises $355k in Seed Funding; Adds Fidelity’s Balk as Chairman”

On FinDEVr.com

Around the web

  • Poland’s mBank elects to focus on HCE for mobile payments over NFC.
  • Spain’s BBVA upgrades its ATM network to enable cash recycling.
  • TechCrunch features multiple Finovate and FinDEVr alums in its recommendations of financial products for the gig economy.
  • Mitek elects CEO James B. DeBello as chairman of the board.
  • CereTel, selects Cachet Financial Solutions to develop, deploy and manage new prepaid mobile banking platform.
  • Lendio partners with SBE Council to offer its lending resources to SMB owners.
  • Tradeshift announces MetaProcure as reseller.
  • First National Bank to install Insuritas insurance agency solution for its customers.

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.

FinDEVr APIntelligence

FinDEVrNY16-V2(wdate)We’re taking our FinDEVr developer showcase to New York on March 29 & 30, 2016. Register today.

Developer news

The latest from upcoming FinDEVr New York 2015 presenters

  • PayStand to power new online payments service from ONE UP.
  • Xignite announces its XigniteGlobalCurrencies API is now available in the Oracle Cloud Marketplace.

Alumni updates

  • PYMNTS reports: Worldpay transactions up 14% post-IPO.
  • Mitek launches mobile deposit in the United Kingdom with other countries to follow.
  • CardFlight integrates with Stripe to encourage developers to build EMV payment functionality within their mobile apps.
  • Xero extends partnership with MidPoint to make cross-border procurement easier.
  • Personal Capital exceeds $2 billion AUM.

Stay current on daily news from the fintech developer community! Follow FinDEVr on Twitter.

Finovate Alumni News

On Finovate.com

  • “Brunon Bartkiewicz Named New CEO at ING Bank Slaski”

On FinDEVr.com

Around the web

  • Xignite announces its XigniteGlobalCurrencies API is now available in the Oracle Cloud Marketplace. Join Xignite at FinDEVr 2016 in New York, March 29 and 30.
  • CardFlight integrates with Stripe to encourage developers to build EMV payment functionality within their mobile apps.
  • Jack Henry partners with The Clearing House to help spread “real-time payment ubiquity” among FIs.
  • Fenergo to provide Client Lifecycle Management solutions to Nikko Securities America.
  • WePay wins gold at 2016 Stevie Awards for sales and customer service.
  • Entrepreneur reports: Payoneer to enter Indian market.
  • Insuritas replaces GoogleCompare by launching new technology that provides one-stop shopping for financial products.
  • Bill.com launches the Bill.com Network to promote faster, lower-cost payments for businesses.

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.

Xignite Wins “Best Cloud Solution” Honors at Wall Street Letter Institutional Trading Awards

Xignite_homepage_Mar2016

With its Market Data Cloud platform, Xignite has won the “Best Cloud Solution” award for 2016 from The Wall Street Letter.

“This award is an example of how the fintech industry is pushing financial services to innovate, and we look forward to being a part in facilitating the amazing transformations to come,” said Stephane Dubois, Xignite CEO and founder.

Xignite_stage_FEU2016

Xignite founder and CEO Stephane Dubois demonstrated Xignite CloudAlerts at FinvoateEurope 2016 in London.

Also picking up honors at the Wall Street Letter Awards were fellow Finovate alums, Thomson Reuters which won the “Best Trading Technology, Client Service” category, and NICE Actimize which took top honors in the “Most Innovative Use of Technology” group. Read the full list of this year’s winners.

Xignite’s Market Data Cloud platform provides cloud-based, financial market data APIs that power some of the most innovative companies in fintech, from Betterment and StockTwits to Motif Investing and Yodlee. The company was the only fintech firm to win an award at this year’s event (the sixth for the Wall Street Letter awards). The award reflects innovation in the “the evolving marketplace and the demand for fast, reliable and cost-effective technology.”

Dubois echoed this point, emphasizing that Xignite’s focus was on “providing access to simple, fast and cheap cloud-based market-data APIs to help companies invent new and revolutionary applications and businesses.”

Xignite made headlines last month when the company announced raising $20 million in a Series C investment led by Japan’s QUICK Corporation. Back in November, Xignite surpassed 50 billion API calls in a single month, confirming its status as a leader in providing cloud-based market data. A member of the first Forbes Fintech 50, Xignite launched its #FintechRevolution API Ecosystem last fall, partnering with more than 20 other technology companies and accelerators to help developers get better access to APIs and other developer’s tools.

Founded in 2006 and headquartered in San Mateo, California, Xignite demonstrated its CloudAlerts technology at FinovateEurope 2016.

Xignite Raises $20 Million in New Partnership with Tokyo’s QUICK Corporation

Xignite_homepage_Feb2016

Go east, young provider of cloud-based market data solutions.

A $20.5 million Series C investment led by Tokyo’s QUICK Corporation has boosted Xignite’s total funding to more than $37 million, and signaled the company’s intention to expand into the Asian market.

Pointing to the “hyper-growth” in Asia and calling the region “the world’s largest fintech frontier,” QUICK president and CEO Noboru Yoshioka said the partnership between his company and Xignite will yield a “unique opportunity to capture growth in this market.” Xignite CEO and founder Stephane Dubois, whose company is demonstrating its latest technologies at FinovateEurope this week, referred to both the flexibility and the openness of his company’s solution as key to providing financial services customers with the data they need.

Xignite_stage_FF2015

Pictured: Stephane Dubois, Xignite CEO and founder, demonstrated Xignite Cloud Streaming at FinovateFall 2015 in New York.

“Financial institutions can no longer afford to operate rigid and proprietary data infrastructures,” Dubois said in a statement. “These legacy institutions must innovate and simultaneously cut costs if they want to survive and thrive in this new paradigm.”

Also participating in the funding round were Altos Ventures, Startup Capital Ventures, and StarVest Partners.

The investment will enable Xignite to increase its sales, marketing, and production capacities in order to keep up with the company’s growth. As part of the deal, QUICK managing director, Atsuyuki Nakajima will join Xignite’s board of directors. QUICK Corporation is a part of the Nikkei Group, and is the largest financial information provider in Japan.

Founded in 2006 and headquartered in San Mateo, California, Xignite demonstrated its Cloud Streaming technology at FinovateFall 2015. The company’s solution is scalable, based on open standards, and has “zero footprint” for clients. Helping power some of fintech’s most innovative companies, e.g., Betterment and Currency Cloud, Xignite has more than 1,000 customers in fields ranging from investing and trading to wealth management. Xignite grew its bookings by more than 50% in 2015, serving more than 455 billion API calls.

Finovate Alumni News

On Finovate.com:

  • Xignite Raises $20 Million in New Partnership with Tokyo’s QUICK Corporation.

Around the web:

  • Tandem, a British banking startup launched by Azimo co-founder Ricky Knox, selects the Agility platform from Fiserv.
  • Barclays and Xero forge strategic partnership.
  • Indiana’s Old National Bank completes online and mobile-banking transition to Digital Insight.
  • Let’s Talk Payments features Ayasdi, Context Relevant, and WorkFusion in a roundup of startups helping companies innovate with artificial intelligence.

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”
  • “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.