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Ixaris announces payments “app store” for banks to allow product development and customization before making new technologies available to customers. Dwolla Direct will allow users to send money without requiring fully registered Dwolla accounts. Archer Daniels Midland Company to use Tradeshift’s global e-invoicing platform. Taulia’s new eInvoicing Rescue Service offers free consultation for businesses whose Read more…
ThreatMetrix integrates with Ping Identity’s PingFederate ID bridge to provide contextual employee authentication. Kony brings in $50 Million in Financing Led by SoftBank Capital. Flint integrates with QuickBooks Online. Eight Finovate alums earn spots on CNBC’s Disruptor 50 list: Motif Investing, TransferWise, Personal Capital, Wealthfront, Lending Club, Coinbase, Bill.com, and Betterment. Umpqua Bank announces plans to Read more…
With expansion into the mobile channel no longer an option but a necessity, it’s no wonder that enterprise mobility company, Kony Solutions, received additional backing today. The Florida-based company pulled in $50 million from SoftBank Capital, who led the round, followed by Delta-V and Hamilton Lane, along with existing investors: Insight Venture Partners Telstra Ventures Read more…
BillGuard named one of Business Insider’s “20 Hottest Startups from Israel in 2014.” Luxoft announces new offices in Detroit, Michigan. Mobile Payments today interviews CashStar president and CEO, Ben Kaplan. Investor Place looks at Blackhawk Networks’ place in ecommerce. SecondMarket to form a syndicate to bid on upcoming bitcoin auction by the U.S. Marshals service. Read more…
Just a few months from their Finovate debut, Singapore-based social payments enabler fastacash has raised another $4 million in funding. The capital from new and existing investors takes the company’s total to $8.5 million. Participating in the round were Jagdish Chanrai, principal of Kelwalram Chanrai Group, and Golden Oriole Investments, as well as other current Read more…
Netbanker looks at the effect Apple’s TouchID will have on fintech companies, including Mint and CardFlight. ValidSoft featured in Speech and Voice Recognition White Paper and recognized as a global leaders in voice biometrics. Bolstr co-founders Larry Baker and Charlie Tribbett named to Techweek 100. Arroweye Solutions partners with Caledonian Global Financial Services to provide digital Read more…
For DemystData, big data is more than just a buzz word. The New York-based company focuses on improving financial institutions’ access to information to optimize interaction with customers. The company announced today it raised $5 million in a Series A investment. Investors include: Notion Capital SingTel Innov8 Arbor Ventures P2P Equity Partners Errol Damelin (UK-based Wonga founder) DemystData Read more…
Global microfinance network Opportunity International (OI) has selected Mambu as its core banking platform for small business lending in China. According to OI CIO Robert Westcott, the fact that Mambu would help them launch more products and services to more clients faster and more efficiently was a key selling point. OI China is particularly interested Read more…
It’s a little early for a June wedding. But as the saying goes, what fintech synergies bring together, let no man put asunder. Intuit, a global fintech leader with a demonstrated affection for Finovate alums, has announced its acquisition of billpay innovator, Check. The Palo Alto-based startup formerly known as Pageonce has grown from its Read more…
This post is part of our live coverage of FinovateSpring 2014. All the way from Hamburg, Germany, here is the team from Kreditech with its proprietary big-data scoring and underwriting technology. “The self-learning proprietary algorithm scores on applicant’s creditworthiness within less than a minute. Without having to go to a bank, the customer can apply Read more…
This post is part of our live coverage of FinvoateSpring 2014. Our next presenter is biometric authentication specialist, EyeVerify. “EyeVerify is the exclusive provider of Eyeprint Verification, a highly accurate and secure biometric for mobile devices. Eyeprint Verification delivers a password-free mobile experience and secure authentication at a glance. This patented solution uses existing cameras Read more…
Gilt statue of a unicorn on the Council House, Bristol (Photo credit: Wikipedia) In January, we identified the billion-dollar fintech unicorns (post), but William Mougayar went deeper looking at the tech companies founded since 2000 valued at $250 million or more. He compiled a list of 235 companies around the globe. Seventeen of those (7%) Read more…