December 16 – Even Financial, a dedicated supply-side platform for online finance products and services, has increased loan originations by 205 percent quarter over quarter since the beginning of 2016. With more than $1.5 billion in loan requests, the platform has grown to serve over one million customers with its proprietary API and a broad network of consumer portal partners, backed by leading analytics and funnel optimization designed specifically for online finance.
Fintech Products & Services - Page 2
December 8 – FIS, a global leader in financial services technology, has announced the launch of a network of early-stage fintech companies with direct applicability to the financial services ecosystem served by FIS. The FIS HiPo (short for “high potential”) Network is a collection of firms that have demonstrated substantial promise in the development of new tools and technologies that deliver purposeful innovation for our clients around the world.
September 21 – linked2pay, the platform provider of Bank Centric Payments, has added automated merchant approval and onboarding. This removes a major barrier for acquirers and ISOs by greatly simplifying the option to add ACH and Remote Deposit Capture (RDC) for new or existing card merchants.
September 16 – IDC Financial Insights has announced the 2016 IDC Financial Insights FinTech Rankings Top 100 and Enterprise Top 25. Now in its 13th year, the annual IDC Financial Insights FinTech Rankings evaluate global technology providers of hardware, software, and IT services, and tracks revenues from the financial services industry as well as IT providers whose revenues from financial institutions is significant.
June 30 – Overbond Ltd., the first fintech entrant into the new bond issuance market, has launched an end-to-end platform and support framework for primary bond origination. The fully-digital Overbond platform for primary bond issuance provides higher transparency, better price discovery, and investor diversification for all counterparties in the primary bond market. It is the first fully-integrated platform to connect bond market issuers, dealers, and fixed-income investors.
June 29 – dv01, the analytics platform that brings transparency to lending markets, has announced the debut of its portfolio management software for marketplace loans. To date, institutional investors have used dv01’s cloud-hosted web application to gain real-time insight into $23.5 billion worth of marketplace loans.
June 27 – Encap Security, provider of uncompromising authentication for financial institutions, today announced its Smart Authentication platform has been selected by Norway’s BankID for a pilot programme beginning in June to test in-app authentication. The pilot aims to take advantage of Norway’s high level of smartphone penetration by creating a BankID that is mobile first and delivers a frictionless user experience to end-users.
June 24 -Prairie Cloudware, an innovator in omnichannel digital payments services, has announced that its Digital Payments Guardian mobile wallet is live with a multi-billion dollar regional bank, facilitating tap and pay transactions with tokenized credit or debit card numbers contained in a secure, bank-branded mobile wallet environment. Prairie Cloudware CTO Brent Adkisson performed the first tap and pay transaction using his mobile phone and tokenized Visa credit card to purchase a Twin Bing candy bar at a local convenience store.
June 24 – A select group of leading-edge financial services technology (fintech) companies demonstrated their products and services to dozens of top bank, venture capital and technology executives at the sixth annual New York FinTech Innovation Lab Demo Day.
June 6 – FinTech Sandbox, a nonprofit that helps FinTech startups access data and build products, has announced that EDGAR Online, a leader in helping finance professionals uncover intelligence from SEC filed financial disclosures, will make its streamlined fundamentals, institutional ownership, and insider trade data available to Sandbox residents. Sandbox residents will gain access to this valuable data via EDGAR Online’s configurable and mobile-friendly DataFied API.