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P2P lending robo advisor LendingRobot will join NSR Invest, creating what the company called in a statement “the largest independent robo advisor in the alternative lending space.” LendingRobot explained in its blog that the “websites, operating, and trading systems” of each platform will continue to function as usual for the time being as the companies prepare 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 Eight Finovate Alums Join Plug and Play Accelerator’s 2017 Class Trustly Teams Up with Qliro. True Potential Exceeds $7.8 Billion Assets Under Management. Around the web Zighra Appoints Hari Koduvely As Chief Data Scientist Small businesses name Xero the most-loved accounting software for the third year in a row. Pindrop research scientist Dr. Read more…
The innovation division of Fidelity Investments, Fidelity Labs, and digital asset exchange Coinbase released a new balance viewing feature for investors this week. The move may be a small step for Fidelity brokerage clients who want to see their digital currency assets alongside their other investments. But it is an interesting sign from a company Read more…
Designed by Freepik Updated (4/18/18): Finovate alums raised more than $726 million in the second quarter of 2017. The funding total, which does not include a pair of undisclosed investments for Bitbond and Symbiont, represents one of the highest Q2 fundings for Finovate alums to date (Q2 2015 produced more than $840 million). The second quarter Read more…
What’s in a name? Blockchain solutions company Ripple is about to find out. Today, the company has unveiled a new name for its existing global payments network, as well as a handful of new solutions. RippleNet, the global payments network, has more than 90 customers and is undergoing more than 75 commercial deployments. The network’s digital Read more…
Mobile financial services company Vipera announced today it is acquiring SoftTelecom. The deal is expected to close for $1.5 million (€1.3 million). Madrid-based SoftTelecom is a fintech and telecom software solutions company focused on open source technologies, including PSD2 and blockchain development projects. The company has 18 employees who serve clients in Madrid, the Netherlands, and Read more…
Two months ago, Symbiont announced an undisclosed strategic investment from China’s Hundsun Technologies. At the time, Symbiont CEO Mark Smith called the investment “a clear vote of confidence” from a “strong partner in Asia.” Last week we learned that the votes of confidence are still coming in. Blockchain technology investor Medici Ventures has teamed up Read more…
Our expanded FinovateFall conference is coming up on September 11 through 14, and we’re taking a look at each of the six summit discussions that will take place after the demos. In the final segment of this series, we’re examining future technologies. Summit #6: Future technology The year was 2000. AOL and Timer Warner merged, Tate Modern and the London Eye Read more…
Post updated to present Showcase sponsor, Fintech71 and latest Showcase addition, FinTech Innovation Lab. — To prepare for our expanded FinovateFall conference in September, we’re taking a look at some of the new additions during Discussion Days September 13 and 14. Today, we’re previewing our Showcase of Accelerators, Incubators, and Innovation Labs on the 14th. FinovateFall 2017’s showcase on Read more…
On Finovate.com EquityZen Secures $3 Million in Round Led by Draper Associates. Karmic Labs Lands $17.2 Million to Grow Enterprise Payment Solutions. Innovation Acceleration: Incubators and Incubation Labs Drive Development in Fintech. Around the web MoneYou integrates Mitek’s identity solutions for real-time digital onboarding. Xignite launches the Xignite Channel Partner Program to offer partners integrated cloud-based market Read more…
On Finovate.com defiSOLUTIONS Hires Keven Sticher as Chief Information Officer. NCR at Center of Swiss ATM Harmonization Initiative Around the web CREALOGIX wins The Goodacre Systems in the City Award for 2017. Business Insider profiles Brian Barnes, founder of M1 Finance. Fujitsu begins selling SaaS lending and leasing technology developed by Cloud Lending Solutions. TSYS extends commercial Read more…