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Opentech has leveraged Mastercard Send APIs to offer a new solution, OpenPay Send, that will give financial institutions across Europe powerful money transfer capabilities. “Opentech’s mission is to be the enabler of digital payments for banks, leveraging state-of-the-art infrastructures to build highly reliable and flexible solutions, ready to be deployed to the end user,” Opentech Read more…
On Finovate.com Avaloq Seeks Exit: M&A or IPO? eToro’s Latest Acquisition Boosts its Crypto Presence IBM and Bank of America Partner on Public Cloud for Financial Services Around the web DefenseStorm names Chief Revenue Officer Steve Soukup as its new President. NICE Actimize introduces its new Federated Learning capability that offers higher fraud detection via Read more…
On Finovate.com First Hawaiian Stays with FIS But Switches Core. Jemstep Advisor Pro App Launches on Salesforce Exchange. From AI to CX, Welcome to FinovateSpring’s Summit Day. Around the web Lendio honored as a Gold Stevie Award winner in 2019 American Business Awards. Bahrain-based Aion Digital partners with the Open Bank Project. MidWest One bank Read more…
On Finovate.com KeyBank to Implement Jemstep Advisor Pro. Urban FT Bids to Acquire Digiliti Money. Around the web First Tennessee Bank goes live with mobile banking app from D3 Banking. Alpha Payments Cloud partners with Australia Post to launch Alpha Commerce Hub. IBM Singapore inks memorandum of understanding with Pacific International Lines to trial blockchain-based, Read more…
On Finovate.com FinovateEurope 2017 in the Press. Three Credit Unions Sign Up for Bankjoy’s Mobile Banking Technology. Around the web Bluefin Payment Systems powers payment processing solution for ticketing and ecommerce platform, AudienceView. Almaviva develops new Consent and Data Rights Management solution courtesy of partnership with Trunomi. Mitek to provide AML and KYC compliance technology Read more…
Wealth management technology provider eMoney Advisor, pictured here at FinovateFall, was acquired by Fidelity Investments in 2015 for $250 million. With 2017 just around the corner, what trends are likely to drive innovations in wealth management technology, aka wealth tech? The biggest potential regulatory change is the Department of Labor rule that financial planners must Read more…
The new research report on digital wealth management from Financial Technology Partners is a timely reminder of just how deep the firm’s dedication to, and insight into, the fintech world goes (that the report features a dozen Finovate and FinDEVr alums is pretty neat, too). FT Partners’ report “Are the Robots Taking Over? The Emergence of Automated Digital Read more…
Update 5/24/2016: SigFig has raised $40 million in the round we first reported last week (see story below). The funding included a $7 million credit facility from Comerica Bank. Also participating alongside UBS were: Bain Capital Ventures DCM Ventures Eaton Vance Corp. InnoVentures Fund (Banco Santander SA) New York Life Insurance Co. Nyca Partners Union Read more…
On Finovate.com “Money Transfer Company Azimo Pulls in $15 Million in Strategic Funds from Rakuten” “From Billpay to Blockchain: The Themes of FinovateSpring” “Finovate Debuts: myInvenio Turns Data Analysis into Process Intelligence” On FinDEVr.com “GreenKey Technologies Names Richard Garnier as Chief Revenue Officer” Around the web Klarna moves beyond ecommerce to service brick-and-mortar retail shops. Read more…
Around the web Let’s Talk Payments features Feedzai, Swipely, BillGuard, Wealthfront, Jemstep, SigFig, and Vouch in its review of companies “pushing the envelope” in payment analytics. Zooz partners with Avalara to bring tax-compliance tools to its payment platform. Daily Fintech profiles DarcMatter and its plan to bring access to alternative investments to the accredited masses. Read more…
Around the web Glenbrook Partners’ whitepaper features PayNearMe. mBank reports that six months after launching Light Branches, basic banking product sales have tripled in Light Branches compared to traditional branches. PYMNTS features comments from Blackhawk Network, CashStar, FIS, SimplyTapp, and Vantiv on social commerce. MasterCard partners with Premier Bank in expansion into Somalia. Nomis Solutions launches upgrade Read more…
On Finovate.com Finovate Debuts: SayPay Combines Voice Recognition and Biometric Authentication Around the web ColoradoBiz talks with Entrepreneur of the Year finalist: Krista Morgan, CEO and co-founder of P2Binvestor. TechCrunch column on bitcoin and the remittance market references Coinbase and TransferWise. PYMNTS.com highlights OnDeck, Lending Club, and Prosper in its look at the changing relationship Read more…