Finovate Alumni News

On Finovate.com

  • Cardlytics Becomes the First Fintech to Go Public in 2018.

Around the web

  • The Banker’s Tech Talk interviews FinanceIT CEO Michael Garrity.
  • Tinkoff Bank launches development hub.
  • Icon Solutions announces strategic GDPR partnership with Digital Control Room.
  • Larky expands partnership with Sharetec.
  • Zebpay adds support for Ripple’s XRP.
  • Pindrop helping PSCU block $1 million in fraud in one month.

This post will be updated throughout the day as news and developments emerge. You can also follow all the alumni news headlines on the Finovate Twitter account.

FinDEVr APIntelligence

FinDEVr2015LogoV2DateAre you building new financial technology? Be sure to check out coverage from our recent developers conference in San Francisco. We’re taking the fintech developer tool showcase to New York, 29/30 March 2016. Stay tuned for details.

Developer news

The latest from FinDEVr San Francisco 2015 presenters

  • Fidor Bank wins in two categories at BAI Retail Delivery’s Global Banking Innovation Awards.
  • WSJ features BehavioSec and Nymi in its piece, The Next Security Frontier: The Human Body.
  • PYMNTS.com takes a look at Currency Cloud and the latest update to its API, Payment Engine Two.
  • Worldpay’s IPO on London Stock Exchange is the U.K.’s largest IPO of the year, at a market cap of £4.8 billion ($7.3 billion).
  • Self Lender names MX one of three startups “absolutely crushing it” in fintech.
  • “Kabbage’s Fresh $135 Million to Help Grow Karrot Consumer Lending Platform”

Alumni updates

  • PocketSmith launches in Xero Add-On Marketplace.
  • Expensify launches new integration features for Xero.
  • Nymi recruits CEO John Haggard; Karl Martin will now serve as CTO.

Stay up to date on daily developments by following FinDEVr on Twitter.

Finovate Alumni News

On Finovate.com

  • “American Banker’s “20 Fintech Companies to Watch” Features Eleven Finovate Alums”
  • “Kabbage’s Fresh $135 Million to Help Grow Karrot Consumer Lending Platform”
  • “Hoyos Labs Unveils 4F Smartphone Authentication Technology”

Around the web

  • IDology makes an equity investment Payfone.
  • Insuritas to install insurance agency solution for MAC FCU’s 14,000+ members.
  • PocketSmith launches in Xero Add-On Marketplace.
  • Fidor Bank wins in two categories, Lending Club and Idea Bank both come in first, at BAI Retail Delivery’s Global Banking Innovation Awards.
  • WSJ features BehavioSec and Nymi in article “The Next Security Frontier: The Human Body”
  • mBank launches biometrics in its mobile application dedicated to corporate customers.
  • PYMNTS profiles Moven in the wake of its recent $12 million fundraising.
  • Markit unveils cloud-based, Know Your Third Party (KY3P) service to make it easier to manage third-party risk-processes.
  • Blackhawk Network and Stockpile partner to make eGift cards for stock available at select retailers in the U.S.
  • Meniga receives a World Summit Award for best technological solution in e-business and commerce.
  • TechCrunch: “Ping Identity Opens Up About Its Financials As It Eyes 2017 IPO”

This post will be updated throughout the day as news and developments emerge. You can also follow alumni news headlines on the Finovate Twitter account.

Finovate Alumni News

On Finovate.com

  • “SumUp Raises €10 Million in Round Led by BBVA Ventures, Groupon, American Express”

Around the web

  • In its fiscal year 2015, Avoka signs record number of clients and experiences 70% year-on-year bookings growth.
  • Yodlee is accepting applicants for its upcoming Ynext Incubator class.
  • Markit acquires FX trade-processing specialist DealHug. See Markit at FinDEVr 2015 in San Francisco in October.
  • Emailage opens European data center.
  • After BlackRock’s acquisition of FutureAdvisor, ThinkAdvisor considers the fate of Wealthfront and Betterment.
  • Forbes looks at Mint, MaxMyInterest, Moven, and Venom in a discussion on the connection between mobile, messaging, and financial services.
  • Mainstream features a quote from founder of DoubleNet Pay, CEO Brian Cosgray, on the impact of debt on new retirees.

This post will be updated throughout the day as news and developments emerge. You can also follow all the alumni news headlines on the Finovate Twitter account.

Finovate Alumni News– March 11, 2013

  • American Banker reports: Union Bank signs up for Fiserv’s Bill Pay.
  • Bolstr featured on MSNBC’s Your Business.
  • Backbase gives a glimpse of the Digital Marketing Module it showed at FinovateEurope.
  • Triple Pundit looks at how the SEC is holding SoMoLend and other debt/equity crowdfunding platforms hostage.
  • USA Today considers Lending Club’s success.
  • CIO lists Expensify as 1 of 3 apps to help at tax time.
  • BellaDati releases updates to its platform.
  • Credit Karma launches app for Android.
  • Med Gadget interviews Diversinet CEO, Dr. Hon Pak.
  • Finextra reports Geezeo signs 1st United Services Credit Union.
  • CashStar announces availability of tablet gifting.
  • Android, iOS updates now provide card-to-card payments with Pageonce.
  • Dough Roller blog names PocketSmith one of the best calendar-based personal finance apps.
  • Continuity Control to partner with cbanc Network to provide regulatory briefing via RegAdvisor.
  • Koolspan and DeviceFidelity team up to build TrustSleeve, bringing microSD-based voice encryption to the iPhone.
  • Locaid and Life360 join forces to help parents stay in touch with their kids.
  • The Financial Brand highlights 50 of the most spectacular website designs in banking: Simple (formerly BankSimple), Standard Chartered, Mint, & Moven. See Netbanker’s take on the list here.
This post will be updated throughout the day as news and developments emerge. You can also follow all the alumni news headlines on the Finovate Twitter account.

PocketSmith Helps Users Project Cashflow

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Then, PocketSmith showed how it can generate a meaningful cashflow projection for users:
“PocketSmith is the comprehensive personal finance app with cashflow forecasting. It empowers you to make smart financial decisions by creating what-if scenarios. The product combines day-to-day and financial planning, projecting daily bank balances up to 30 years in the future. It offers you an interactive, flexible and creative experience and connects to over 11,000 banks worldwide. PocketSmith’s underlying software has also been adapted for online banking.
At FinovateAsia 2012, PocketSmith shows you how it generates a meaningful and easily adjustable cashflow projection for anyone with bank transactions. This innovation provides users with an instant perspective on their financial future, as well as the ability to make immediate changes to improve their outcomes. “
Product Launch: November 2011
HQ: Dunedin, New Zealand
Founded: June 2008
Metrics: Bootstrapped; self-funded; investment-ready; $138,755,375.85 managed for users in 172 countries, and counting
Twitter@pocketsmith
Finovate demo video: Demo videos will be posted next week
Introducing Jason Leong (Co-Founder) and James Wigglesworth (Co-Founder)

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FinovateAsia 2012 Sneak Peek: Part 2

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Here is the second and final look at the companies that will demo at FinovateAsia on November 6 in Singapore. Each company provided a short summary of the innovation they will debut on stage. In case you missed it, check out Sneak Peek Part 1.

Don’t miss the opportunity to experience the hottest innovations in financial technology at the very first FinovateAsia. Get your FinovateAsia ticket here.

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ayondo shows the newest and third generation of their web application which will be the next 

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generation of social trading. Simply follow the best traders automatically with your brokerage account.
Innovation type: Banking, investing, PFM

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Backbase delivers Bank 2.0 Portal software that provides a new user experience layer on top of underlying infrastructure and IT systems. It gives financials the opportunity to create interactions that link customers to relevant information and applications to fit their needs and preferences. With its modern, widget-based architecture, Backbase Bank 2.0 Portal provides the flexibility and speed to create modern portals that truly empower the customer.

Innovation type: Marketing, mobile, online
BankBazaar.com will demo its 7-minute Credit eApproval 

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process highlighting the platform’s real-time integration with underwriting engines, loan origination systems, net-banking systems, and online payroll management tools. Combined with a full service CRM system powering credit and sales work flow management, the platform delivers 7-minute eApproval via online, mobile, and tablet interfaces.
Innovation type: Lending, mobile, online

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Clari5 iRM brings extreme real-time intelligence to Relationship Managers (RMs) on the move. Typical RM mobile apps are screen extensions of CRM and are not connected in real-time to the underlying core systems. Consequently RMs are the last ones to know when a significant moment of truth event happens. 
Clari5 iRM is a next generation product that interprets customers’ structured/unstructured events in real-time and provides an inference instantly empowering RMs to provide more personalized services. Clari5 iRM also leverages the full power of the device by using its real-time push, GPS, voice recognition, video, and screen sharing capabilities.
Innovation type: Marketing, mobile, sales

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Can publicly available information gleaned from Facebook, Twitter, LinkedIn and other online sources 
help financial institutions predict financial risk?
DemystData helps financial institutions tap into the explosive growth of online, social, and internal data to make better customer decisions. Our latest innovation navigates some of the world’s newest data sources to provide our clients with a deep, holistic view of the modern day consumer, and then uses this information to assess consumer risk and behaviour.
Innovation type: Identity, lending, marketing

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Need an onboarding tool that increases customer engagement? Figlo offers a complete solution to gain insight in financial matters on a consumer level. Financial planning is now accessible to everyone on any device anywhere.
Innovation type: Marketing, online, PFM

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See how financial institutions can save millions by implementing BankFiling, a new innovation from Luminous that delivers short ROI yet requires limited investment. A whole new approach to commercial and business banking. A must see for all financial institutions!
Innovation type: Banking, lending, small business
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Pandai.cn delivers next generation peer-to-peer 2.0 lending services in China by answering what the future of peer-to-peer lending should be. It should be safe, transparent, inclusive and easy-to-understand. 
You’ll see how easy it is to invest in creditworthy borrowers that have passed our robust credit risk management system.
Innovation type: Investing, lending, PFM

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Can you tag your financial position, identify the cross vertical exposure by currency, industry, issuer, region real-time; on-demand? The last 30 years have seen amazing advances in technology that have transformed the world. In the world of financial technology, all of this power has been applied to develop more complex instruments – derivatives, swaps, CDO’s CDS’s – faster and faster trading platforms – “flash trading” and co-location, and risk analytics and trading models.
But, the ability to track and account for this explosion of trading vehicles and volumes is right where it was 30 years ago. Not anymore, come see the future of transparency.&n
bsp;
Innovation type: Back office, insurance, investing

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PocketSmith is the comprehensive personal finance app with cashflow forecasting. 
We think that the best way to organize and control your money is to relate it to events in your life by using a calendar. This way, financial planning becomes a part of your daily routine rather than a chore.
As you plan, PocketSmith’s calendar shows you the progress of your money over time, so you will better understand how your financial decisions affect your future.
Innovation type: Mobile, online, PFM

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Want to know the secret to getting 60% of your customers to say yes to eBilling? All it takes is 7 minutes to see why email delivery of bills and statements is what gets customers to turn off paper forever.
Join Striata as we demonstrate our powerful interactive bill which is encrypted, has integrated eConsent, shared password security, instant dispute capability, and mobile one click pay.
With registration-free push email billing, you can drive traffic to your portal, cut your costs and deliver bills and statements right into your customers’ hands. Convenient, secure, mobile ready.
Innovation type: Communications, payments

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In the last 4 years, Tagit Mobility Platform Mobeix has been adopted by several leading enterprises. But, we believe mobility should be for all– large, medium and small enterprises. 
With this vision, we started our journey to build the Mobeix Open Platform through which enterprises can build, launch and manage apps on their own. Using the Tagit Open Platform, merchants and enterprises will be able to develop and deploy apps for their customers and employees in no time. We will demonstrate how easy it is for anyone to register and start building apps.
Innovation type: Banking, mobile, security

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TradeHero empowers ordinary people to make money from the financial markets. Traders are able to place real-time virtual trades against stock exchanges and TradeHero generates performance rankings of the trader community. 
Members of the TradeHero community can follow the top-ranked traders for a fee. Traders can build a following around themselves and monetize off their trade-feeds while those following get relevant, pertinent and timely financial trading tips and feeds.
Innovation type: Investing, mobile, payments

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The world is increasingly adopting smartphones and social media. Leading FIs are beginning to leverage these seismic shifts in communications for competitive advantage, reducing costs and generating new revenue streams. Smartphones change user expectations about online banking services, functionality, and interactivity. They also present new risk vectors that cannot be ignored. 
Zighra’s patent pending mobile technology provides unique interactivity, building closer customer relationships by increasing security, trust, and satisfaction while significantly reducing fraud and associated costs.
Innovation type: Communications, mobile, security