Alumni News– September 8, 2014

• PYMNTS.com profiles Tradeshift Co-Founder and CEO Christian Lanng.

• ZenPayroll opens up its API to small business technology providers.

• Silicon Republic takes a look at Trustev’s “multimillion-dollar security deal” with Radio Shack.

• Tibco announces Engage software as a service to motivate consumers with real-time and predictive personalization.

• Investors.com features FutureAdvisor.

• Kony named “Leader” by Gartner in Magic Quadrant for Mobile Application Development Platforms.

• Mint launches free credit score.

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.

Alumni News– July 3, 2014

• Misys launches new, modular core banking solution, FusionBanking Essence.

• MicroStrategy, TIBCO listed among 16 most significant business intelligence software vendors in new Forrester report.

• The New York Times Business Day interviews Adam Nash, CEO of Weathfront.

• Wired Money startup pitch competition features Finvoate alums CurrencyTransfer and eToro.

• Facebook chooses Braintree as sole payments provider for its FbStart program.

• Wepay launches new website.

• Tradeshift makes CPO Rising’s 2014 Hot Tech Prospect list.

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.

TIBCO Launches Solution That Gives Context to Payments

This post is part of our live coverage of FinovateAsia 2013.

Next, TIBCO debuted its solution that helps banks and merchants unlock unstructured and big data:

“In this age of digital privacy there is an increased need to share temporary “in the moment” payment context. Ad-hoc digital encounters are the next forefront of a massive volume of micro transactions. Imagine a customer making a payment at a restaurant once the waiter “flicks over” the menu context to the customer, without the customer ever having to reveal any long-term impacting sensitive financial information. Once the “payment context” is over, no digital “remnants” remain. A total freedom of contextual interactions, not just payments, opens up a variety of digital services avenues for banks, their merchants, and customers. 

The massive volume of data transactions enables new analytical insight to both merchants and the banks, giving banks and merchants new perspectives into consumer behaviour through unstructured and big data.”

Presenting San Zaw (Director, Solutions Consultants, S.E. Asia) and 

Phil Scanlon (Director, Client Solutions, Asia)

Product Launch: November 2013

Metrics: 2011 review: $920M, 70+ worldwide offices, offices in 25+ countries, 3,000+ employees, 4,000+ customers, 200+ partners

Product distribution strategy: Direct to Business (B2B), through financial institutions, and through other fintech companies and platforms

HQ: Palo Alto, CA, USA

Founded: 1997

Website: tibco.com

Twitter: @TIBCO

FinovateAsia 2013 Demo Companies Bring Global Innovation to Singapore

FinovateAsia is typically our most globally diverse show, and this year is no different. Two weeks from now, we will showcase 37 demos from companies spanning the globe that are innovating in everything from remittance to small business tools to back office solutions and much more. 

Given that diversity, we thought it would be fun put together a map showing the geographic spread of the demoing companies that will take the stage (click the map to enlarge).

Here’s the breakdown of the number of companies from each region:

• Asia: 12
• Europe: 11
• North America: 9
• Africa: 1
• Oceania: 2
• Middle East: 2

To refresh your memory, the list of the companies that we’ve hand-picked to show off their new technology at the Max Atria @ Singapore Expo on November 14, include:

Advanced Merchant Payments App Annie Arkalogic ArthaYantra Backbase BehavioSec BlueKite BRIDGEi2i CustomerXPs Software DragonWealth GMC Software Technologies

i-exceed IND Group Intuition Intelligence KlickEx Kofax LifePAD Luminous Mambu Matchi Mistral Mobile Mobexo Mobino Pangea

Payoneer Pixeliris Red Zebra SaaS Markets Serverside Smart Engine TIBCO Tootpay TradeNet TSYS White Label Personal Clouds Yodlee

To see live demos of the new technology, meet the entrepreneurs responsible, and network with others in the industry, get your ticket to FinovateAsia here. If you have questions about the show, check out who is attending or email asia@finovate.com.

Showing Our Age: A Look at FinovateAsia 2013 Demo Company Launch Timeline

At Finovate, we’ve seen how great innovation comes from companies of all ages. All we have to do is look at the Best of Show winners from FinovateAsia 2012. The founding dates of the winners ranged from 1858 (NAB, the parent company of UBank) to 2012 (SocietyOne).

We don’t know who will win Best of Show at FinovateAsia in Singapore this year, but looking at the launch date of the 37 companies taking the stage November 14, we found a 28-year spread. 

Here they are in reverse chronological order with funding amounts, if disclosed:

2013- 2012

• Arkalogic: 2013

• BlueKite: 2013
  Total Funding: $1.5 million Seed funding

• Dragon Wealth: 2013

• LifePAD: 2013

• Matchi: 2013

• White Label Personal Clouds: 2013

• ArthaYantra: 2012 

• Intuition Intelligence: 2012

• Mistral Mobile: 2012

• Pangea Payments: 2012
  Total funding $1 million Seed funding

2011-2008

• BRIDGEi2i: 2011

• i-exceed: 2011

• KlickEx: 2011
  Total Funding: $1.3 million

• Mambu: 2011
  Total Funding: $2 million Series A

• Mobino: 2011

• Red Zebra: 2011

• SaaS Markets: 2011

• SinoLending: 2011

• Smart Engine: 2011

• Tootpay: 2011

• Mobexo: 2010

• Advanced Merchant Payments: 2009

• App Annie: 2009
  Total Funding: $22 million

2007 or earlier

• Payoneer: 2007

• CustomerXPs Software: 2006
  Total Funding: $4 million Series A

• Backbase: 2003

• Serverside: 2003

• TradeNet: 1999

• Yodlee: 1999
  Total Funding: $124 million

• BehavioSec: 1998
  Total Funding: $2 million (€1.5 million)

• IND Group: 1997

• TIBCO Software: 1997
  Public NASDAQ: TIBX

• GMC Software Technology: 1994

• TSYS: 1993

• Pixeliris: 1989

• Kofax: 1985
  Public LON: KFX

To learn more about each of these companies, check them out here and come see their live demos in Singapore on November 14.

_______________________________________________________________

All numbers and funding information sourced from Crunchbase.com

What to Expect at FinovateAsia this November

You may have seen the list of FinovateAsia demoing companies we released a few weeks ago. Here are more details on the 32 companies demoing November 14 at the MAX Atria @ Singapore Expo. Get your ticket here to be part of the crowd.

Stay tuned for our Sneak Peek series next month featuring a behind-the-scenes look at each company and chance meet the innovators.

Advanced Merchant Payments’ innovative loan management solution enables banks to offer profitable, unsecured, short-term loans to small businesses

ArthaYantra provides personal financial advice online to everyone irrespective of what they earn

Backbase brings social media to the bank, and the bank to social media

BehavioSec has extended its award-winning BehavioMobile solutions to offer policy-based behaviour authentication

BellaDati is the agile business data analysis with human touch

BlueKite’s international bill payment service improves an immigrants’ ability to care for family back home

BRIDGEi2i is a trusted partner that enables organizations to achieve accelerated outcomes by embedding analytics in their DNA

CustomerXPs Software is a leading product company offering real-time, Enterprise Fraud Management & CEM products to banks globally

GMC Software Technology is a leading software developer of solutions that transform the customer experience

i-exceed has created a Unified Application Development Suite for smartphone, tablets, desktops and laptops across operating systems

IND Group is a leading innovator and developer of digital banking, PFM and payments technology

Intuition Intelligence delivers the right offer at the right moment to the right client via digital channels

KlickEx is a Global Clearing System for commercial and central banks. The Clearing System extends to Retail, as well

Kofax is a leading provider of smart process applications that simplify the business critical First Mile of information-intensive customer interaction

Luminous is a boutique innovation company that has become synonymous with innovative banking around the world

Mambu enables financial institutions to rapidly deliver state-of-the-art banking services through a cloud-first Software-as-a-Service solution

Matchi is a matchmaker for innovation

Mistral Mobile powers your mobile financial services to serve anyone

Mobexo is a scalable, value-added payment ecosystem that allows transactions to be executed between smartphones

Mobino enables mobile payments for 5 billion people, from any phone, no credit card required

Pangea Payments’ multiplatform solution will allow you to send money to anyone, from anywhere, at any time, using mobile and retail locations around the world

Red Zebra brings together consumers, banks and retailers, with targeted rewards based on spending patterns

SaaS Markets is the enterprise app store company for financial organizations looking to leverage cloud-based applications for their employees or customers

Serverside Group is the global technology leader in digital card designs and a provider of innovative artwork solutions that create meaningful results

SinoLending is the leading online lending platform in China

Smart Engine’s Multichannel Loyalty Platform benefits financial institutions, merchants, web shops and users

TIBCO Software creates real-time, event-enabled solutions for the 21st Century

Tootpay’s mobile payment solution works independently from network and operator. It is encrypted, using a standard mobile phone

TradeNet provides an equity trading customer channel for retail customers in emerging markets at $5 a month

TSYS focuses on people-centered payments

White Label Personal Clouds’ Website Welcomer eliminates username/passwords and enables seamless, private transfer of information between organisations

Yodlee is the platform for financial innovation, powering the world’s largest collection of transactional data

To learn more about FinovateAsia, visit the event page, check out the FAQ, or email asia@finovate.com.

Finovate Alumni News– June 24, 2013

• Capital Access Network named one of the top financial services companies of the year at the 11th Annual American Business Awards.

• American Banker looks to Zigrhra, GoodApril, Realty Mogul, Entrepreneurial Finance Lab for innovation.

• Lead411 names Cartera Commerce to Hottest Companies in Boston list.

• TIBCO and Western Union partner to leverage Big Data to anticipate consumer trends and customize customer engagement.

• Banking2020.com interviews Andera and Intuit on the branch of the future.

• Tagit to expand in the Philippines by offering mobile-banking application software to banks.

• Manilla adds email integration feature to personal finance platform.

• Acculynk announces RuPay debit cardholders in India can make online purchases using the card.

• Keynote DeviceAnywhere to be acquired by private equity investment firm, Thoma Bravo in a $395 million, all-cash, deal.

• Adotas column on mobile commerce for SMBs takes a look at Zooz.

• NordFX and Currensee launch partnership as former joins Trade Leaders Investment Program.

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– June 11, 2013

• miiCard partners with authentication company, Toopher, to help users and businesses more effectively fight fraud and secure new services online.

• BBVA Compass deploys Mitek’s Mobile Photo Bill Pay.

• TIBCO Software acquires StreamBase Systems.

• Kofax issued patent that covers sending receipt confirmation for a fax.

• AU Arts Hub profiles Narrative Science’s approach to journalism.

• ayondo goes live in the United Kingdom.

• Cashstar announces patent for virtual gift card technology.

• Keynote brings MITE Enterprise, DeviceAnywhere Enterprise to UFT users.

• Green Dot to acquire Walmart’s reloadable prepaid card business, MoneyCard.

• Affinity Solutions raises more than $21 million.

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– May 28, 2013

• Chris Larsen, CEO and co-founder of OpenCoin, calls Ripple, “HTTP for money” in CoinDesk feature.

• Credit Union Times: ProfitStars‘ Director of Strategic Insight Lee Wetherington talks credit unions and big data.

• Kalixa Group teams with MasterCard to test prepaid card.

• Barron’s Electronic Investor column on Quantopian now available to non-subscribers.

• Mateo’s Tech Travels reviews TransferWise.

• Business Insider hosts Dwolla CEO Ben Milne in Startup Lab interview.

• One of the largest financial services corporations in the world invests more than $4.6 million for software, maintenance and professional services with Kofax.

• American Banker reports: Kabbage’s Fresh Idea for Small Business Finance.

• TIBCO announces launch of Cloud Bus, a subscription-based Integration Platform as a service (iPaaS) offering.

• BellaDati opening partner network in Russia.

• IP Commerce closing payment processing service on June 30.

• M2CASH rebrands as V2PAY, now offers electronic ID verification, virtual loan solutions, virtual cards & virtual merchant services.

• Billhighway adds Kids Kicking Cancer as client.

• Comarch to provide reference, market data to SIX Financial Information.

• Standard Chartered launches VISA Infinite Credit Card with chip and PIN technology.

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 29, 2013

• Atlanta Business Chronicle takes a look inside the TSYS/NetSpend merger.

• TradeHero reaches $5 billion in virtual currency traded over 350,000 trades in the first three months.

• Washington Trust Bank to deploy Jack Henry & Associates‘ SilverLake System core processing platform.

• The Options Insider interviews TradeKing CEO Don Montanaro.

• Newfination interviews Jake Holloway of Xendpay.

• Leading U.S. healthcare insurer invested more than $250k to implement a Kofax-based solution. See Kofax demo at FinovateSpring.

• Bill.com announces it enables more than 175k businesses to pay and get paid.

• Fargo bank adds Fiserv mobile banking, payment tools.

• The Motley Fool evaluates FutureAdvisor.

• Dwolla site back up after DDoS attack.

• Family Mint blog features planwise.

• BBC Easy launches C & I Loan Management Software for businesses looking to save time on cumbersome BBCs. Check out BBC’s demo at FinovateSpring.

• VentureBeat features TIBCO.

• Keynote DeviceAnywhere platform now integrated with Worksoft Certif.

• AH Capital raises more than $100,000 using Realty Mogul’s real estate crowd funding platform. Join Realty Mogul in San Francisco this May at FinovateSpring.

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.