FinDEVr Preview: ACI Worldwide

FinDEVr Previews highlight companies presenting new developer tools, platforms, and integrations at FinDEVr Silicon Valley 2016, October 18 & 19. Pick up your ticket to save your spot today. ACI Worldwide’s live demo and real-time payment integration will show how developers can use ACI’s COPYandPAY, the first SAQ-A compliant JavaScript payment-form solution, to easily add Read more…

Sberbank Inks Partnership with Hyperledger to Tap Into the Blockchain

Originally founded in 1841, financial services organization Sberbank has seen a lot of change over the 175 years it’s been in business. And this week the bank is embracing more change by taking a leap into the blockchain. The Russian bank, along with Hyperledger’s founding organization, the Linux Foundation, have signed a deal for the Read more…

Qumram Unveils Compliant WhatsApp Social Media Recording Solution

Qumram launched a new solution designed to record end-to-end social media interactions via WhatsApp in a fully compliant manner. “We are excited to reveal this extension to Qumram’s fully compliant social media recording suite,” Qumram CEO Patrick Barnert said. “Financial institutions can now satisfy client demand for WhatsApp interactions, without risk of breaching regulatory requirements Read more…

Trunomi Closes $3 Million Seed Round

Consumer data provisioning company Trunomi pulled in its third round of funding today. The $3 million seed-round brings the company’s total funding to $8.3 million. The round was co-led by existing investor Saturn Partners and newcomer Fintonia, whose chairman and CEO Adrian Chng has joined Trunomi’s board. Several other existing investors also contributed. The California-based Read more…

Wave Mechanics: FT Partners Report Highlights Trends Driving Rise of Insurtech

“Insurtech” isn’t about providing financial assistance to distracted gamers who injure themselves playing Pokemon Go (though there is that). It’s a growing, thriving aspect of financial technology that is becoming a category of its own, apart from the world of payments, robo-advisers, and PFM that characterizes much of what we call “fintech.” The new report Read more…

FinDEVr Preview: Kyckr

FinDEVr Preview highlights companies presenting new developer tools, platforms, and integrations at FinDEVr Silicon Valley 2016, October 18 & 19. Tickets are on sale now. So visit our registration page and save your spot. Corporate identity, and proof of same, is critical in today’s world. Kyckr shows how its traditional APIs, which provide global access Read more…

OurCrowd Pulls in $72 Million

OurCrowd, an equity crowdfunding platform that boasts a network of 15,000 investors to fund U.S. and Israeli startups, raised $72 million. Financial institutions, family offices, and private investors from five continents participated in the Series C round, though most of the investors remain unnamed. Singapore bank UOB Group, however, has come out as a strategic Read more…

FinDEVr Preview: Hyperwallet

FinDEVr Previews highlight companies presenting new developer tools, platforms, and integrations at FinDEVr Silicon Valley 2016, October 18 & 19. Early-bird savings end Friday, so pick up your ticket today and save your spot. With Hyperwallet, see how some simple code can make it easier to pay your independent contractors, suppliers, and resellers almost anywhere Read more…

Ripple Raises $55 Million Series B; Announces New Bank Partners

The news last week that Ripple raised $55 million in Series B financing is a reminder of how a growing number of financial institutions are using digital currencies to improve the cross-border payments process. The investment comes courtesy of Standard Chartered, Accenture Ventures, SCB Digital Ventures, and SBI Holdings, and also featured participation from Santander Read more…

Hoyos Labs Rebrands as Veridium, Launches New Biometric Authentication Solution

With the launch of its new, end-to-end biometric authentication solution—VeridiumID—the security innovator that demoed its technology at FinovateFall 2014 as Hoyos Labs is now Veridium. Company COO Todd Shollenbarger said, “We’re going to replace what you know (passwords) with what you are (biometrics) to safeguard enterprises from fraud and data breaches.” Pointing to the issues Read more…

Fintech Favorites

Featured Fresh off its Finovate debut last week, Juvo (F16) announces $14 million funding to fuel the global launch of its prepaid mobile phone-based credit-scoring system Banks TD Bank began rolling out its Flybits (F15) powered digital concierge TD for Me (press release). Check out its FinovateSpring ’16 demo. A first in Canadian banking, TD Read more…