Jumio Adds Biometric Facial Recognition to Netverify

Adding biometric facial recognition to its flagship Netverify digital ID-verification platform will enable Jumio to offer a “three-pronged approach to the KYC process on mobile,” the company said today. The facial recognition technology combines with Netverify’s Face Match and ID-verification functionality to provide financial services companies, banks, and other businesses with a greater ability to Read more…

Fintech Trending: P2P, EMV, NFC, NLP…. OMG

A look at the trending topics of the past two weeks, co-authored by Finovate’s research analysts David Penn and Julie (Schicktanz) Muhn. Big handshakes Cardtronics acquires DirectCash Payments In a $460 million deal, Texas-based ATM operator Cardtronics has acquired Canada-based DirectCash Payments. The deal is expected to help Cardtronics expand into Canada and the United Read more…

Cognitect Becomes Our Alum Number 1,000!

Like proud grandparents counting the place-settings at a big family dinner, we were thrilled to realize that with FinDEVr Silicon Valley 2016 (tickets still available) we have onboarded our 1,000th alum. Durham, North Carolina-based Cognitect helped us make the milestone, and will join us next week at our upcoming developers conference in the Bay Area. Read more…

Which Devs Are Coming to FinDEVr Silicon Valley Next Week?

FinDEVr returns to Silicon Valley next week on 18/19 October, and we’re preparing for the wave of fintech by examining the companies, their presentations, and the audience in more detail. In the past few weeks, we’ve showed off highlights of each company’s presentation in our Preview series and showcased content from their slide deck in Read more…

Alpha Payments Cloud Teams Up with RS2 Software to Support FIs in Thailand

Just a month ahead of our return to the Far East for FinovateAsia we learned today that Singapore-based Alpha Payments Cloud is partnering with RS2 Software to bring key financial and non-financial services to banks in Thailand via a single integration. Oliver Rajic, Alpha Payments CEO, said that his company’s AlphaHub technology was especially suited Read more…

Fintech Favorites

Featured U.K.-based challenger bank Atom opens to the public. The bank’s iPhone and iPad app is built on the Unity gaming platform and is the only way to access the mobile-only bank. Atom has a customer service team equipped with AI and machine learning, and has bolstered its security using voice and face biometric login. Read more…

Payoneer Closes $180 Million Series E Round

Global mass payout services provider Payoneer announced a $180 million round of funding today. The Series E round is from Technology Crossover Ventures, the same firm that has backed Facebook, Netflix, and Spotify. This new round doubles the New York-based company’s previous funding amount, bringing its new total to $270 million. Payoneer CEO Scott Galit Read more…

FinDEVr Silicon Valley: Looking Back, Moving Forward

With the third annual FinDEVr Silicon Valley 2016 only a few weeks away (and tickets still available), it’s a great time to look back and see what the FinDEVr alums have been up to this year. From new integrations, new solutions, and new partnerships to mergers, acquisitions, and initial public offerings, we were impressed at Read more…

Fintech Favorites

Featured Mastercard (FD14) launches its developer portal (again). Having originally launched its dev platform in 2010, Mastercard this week announced an expansion of its platform that provides third-party developers single-location access to more than 25 updated APIs in categories such as payments, data, security, and financial inclusion. The platform also features an experimental category with Read more…