Apptio, ServiceNow Data Exchange Now Available as a Certified Solution in the ServiceNow Store

Apptio, Inc., the leading provider of technology business management (TBM) solutions, today announced its first certified solution available in the ServiceNow Store. This integration with ServiceNow provides users with a near real-time view of their organization’s actual technology cost structure. By combining best-in-class operational data from ServiceNow with industry-leading IT cost modeling software from Apptio, technology leaders are able to make smarter investment decisions more quickly.

In today’s fast-moving marketplace, business leaders need to make smart bets and maximize investments. However, many are discovering a striking gap between the importance of data in making budget decisions and their confidence in the data they have, according to recent research from Harvard Business Review. Making quick decisions based on this data requires navigating the most complicated challenges in IT financial management: understanding the complete topology and costs of IT investments and measuring the return on those investments. Apptio has solved this problem by leveraging ServiceNow’s ability to auto-discover changes in IT assets and their interconnected relationships. This information allows Apptio to create detailed, accurate cost models which automatically update at the speed of business changes. This is the level of speed, confidence, and fidelity Apptio and ServiceNow’s joint customers have been asking for.

“Apptio’s mission is to help our customers tackle the mounting challenges they face by empowering them with trusted information to make decisions at the pace that modern business demands,” said Scott Chancellor, Chief Product and Technology Officer at Apptio. “This new integration with ServiceNow is a natural extension of that mission and delivers unprecedented transparency into organizations’ IT costs.”

Apptio’s ServiceNow connectors include seven connectors bringing information into Apptio and a new connector publishing data back to ServiceNow dashboards and are available as a certified solution in the ServiceNow Store. The ingress connectors map ServiceNow data sets directly into ApptioOne, which allows costs to be modeled based on consumptive data, creating a trustworthy, timely and accurate total cost of ownership. The egress connector then pushes this defensible application TCO data from Apptio back into native ServiceNow dashboards, providing visibility to stakeholders across the business. This new level of bi-directional integration enables users to not only see their operational data and metrics for top applications, but also the fully burdened cost structure with continuous updates.

“Apptio and ServiceNow are both key partners to Oshkosh Corporation in forwarding our digital transformation journey and helping us to make trusted technology investment decisions. This deepening level of integration is a big win for organizations like ours looking to better understand actual IT costs from a business lens,” said Jared Petersen, Sr. Director of Digital Technology Strategy at Oshkosh.

To learn more visit: https://www.apptio.com/blog/smarter-it-decisions-apptio-plus-servicenow/

Biometric authentication leader sees more than 15x increase in verifications year on year in the first half of 2021

iProov, world leader in secure biometric authentication technology, today announced record-breaking growth in the first half of 2021.

From January to June 2021, iProov saw a 15x increase in the number of people verified using its technology versus the same time period last year. Its flagship Genuine Presence Assurance technology solidified its global market leadership, with verifications growing at a consistent rate of 25% per month worldwide.

This has been driven by demand from organizations needing to verify the identity of online users to prevent fraud. iProov’s patented technology assures the genuine presence of an online user to ensure they are the right person, a real person, and authenticating right now.

iProov has been profitable in 2021, while at the same time growing its worldwide team by 25% to 85 staff. In April, the company welcomed cybersecurity veteran Paul King who joined iProov’s advisory board following 27 years at Cisco, most recently as Chief Security Officer. iProov has also been awarded numerous prestigious awards, including Best Biometric Solution at the 2021 Cyber Security Global Excellence Awards. 

In what has been a tumultuous year across the globe, iProov’s technology has provided safe and secure digital identity verification for a growing range of vital services. Since the start of 2021, iProov has added major customers and partners to its portfolio spanning government, health, travel, financial services and ID providers.

In February iProov announced it had been selected by the Australian government to provide the liveness solution for myGovID. Millions of Australians will be able to strengthen their digital identity using a simple face scan on their mobiles, providing access to a range of government services, including online tax services.

iProov’s existing service to NHS Digital in the UK became even more crucial this year. Since 2020, iProov has enabled users in England to create an NHS login remotely and securely. A user scans their identity document, such as a valid passport or driver’s license, and then completes a brief iProov face verification to confirm their identity, giving them secure access to the services of the NHS App. Since May 2021, this has included the COVID vaccination status service.

In January 2021, iProov announced a collaboration with its partner, Mvine, to trial private COVID status certificates. The solution enables an individual to register a test result or vaccination status and then securely share that status without disclosing their identity, using either paper or a smartphone. The trials, which took place in care and education settings, were backed by investment from Innovate UK and showcased how biometric verification could greatly simplify the checking of COVID status credentials while enhancing user privacy.

The iProov partner program grew by a third in the first six months of the year, from sectors including identity, health, travel and cryptocurrency. In April, Jumio, the leading provider of AI-powered end-to-end identity verification and eKYC solutions, announced that it had selected iProov technology to deliver high conversion rates, fast onboarding, natural user experience and small SDK size to its customers.

Andrew Bud, iProov Founder and CEO, commented: “In the first half of 2021, iProov has secured users’ identities online and protected major organizations from fraud on a vast scale across the globe. The dramatic acceleration in the digital identity market, caused by the pandemic, has demonstrated our market leadership based on our unrivalled usability, inclusiveness and resilient security, and the extraordinary scalability of our platform. I am continually impressed by the remarkable work of the iProov team in successfully rising to the many challenges created by such transformative growth.”

The highlights from 2021 so far include: -

Awards

• iProov Takes Home Gold in Three Cybersecurity Excellence Awards: Government, Financial Services, and Identity Proofing & Corroboration - https://www.iproov.com/blog/cyber-security-awards-government-finance
• iProov wins Best Biometric Solution at 2021 Cyber Security Global Excellence Awards - https://www.iproov.com/blog/best-biometric-solution-cyber-security-2021
• iProov Named Winner of Coveted Global InfoSec Award During RSA Conference - https://www.iproov.com/press/iproov-winner-of-global-infosec-award-during-rsa-conference-2021

Customers and partners

• Australian Taxation Office extends national digital identity program with face verification technology from iProov - https://www.iproov.com/press/australian-taxation-office-national-digital-identity-program-face-verification-technology
• Jumio adds iProov’s award winning liveness detection to its KYC platform - https://www.iproov.com/press/jumio-adds-iproov-award-winning-liveness-detection-to-its-kyx-platform
• iProov selected by itsme to support global expansion - https://www.iproov.com/press/iproov-face-verification-selected-by-itsme-to-support-global-expansion
• COVID-19 certificate solution from iProov and Mvine moves into trial phase - https://www.iproov.com/press/uk-covid19-passport-moves-into-trial-phase

Senior team hires

• Cybersecurity veteran Paul King joins iProov’s Advisory Board - https://www.iproov.com/press/cyber-security-veteran-joins-iproov-advisory-board

Eyes strategic 5-year growth plan for India market assisting companies with data storage capabilities and compliance with data privacy laws

·         Plans to expand market footprint in India offering best-in-class localized support infrastructure to global enterprises

·         Aims to address high demand for leading stateful streaming analytics platform

·         Upgrades AWS cloud server-stack to offer efficient services to India-based companies

Israel-based leading provider of machine learning powered log analytics and monitoring solutions, Coralogix today announced it has raised $55 million in a Series C funding round led by Greenfield Partners, bringing the company’s total amount raised to $96 million. The company aims to pursue its strategic 5-year growth plan for the India market, whilst assisting companies with regional server support, data storage capabilities and compliance with the country’s data privacy laws.

The latest round of funding also saw participation from Red Dot Capital Partners, StageOne Ventures, Eyal Ofer’s - O.G. Tech, Janvest Capital Partners, Maor ventures, and 2B Angels. 

Previously in October 2020, the company had raised $25 million in Series B funding round co-led by Red Dot Capital Partners and O.G. Tech VC (backed by Eyal Ofer).

Coralogix in its previous funding round had announced a strategic expansion into India with a commitment to invest over $30 million in the upcoming 5 years. The company is currently pursuing its investment goals for the Indian market. Besides, the company is also aggressively expanding its onsite team in the country to provide comprehensive sales and customer success support to India-based companies.

As part of its expansion plans for India, Coralogix has set up a new Amazon Web Services (AWS) Mumbai region offering superior server support and data storage capabilities to its India-based customers. The company has scaled it’s servers by over 1000% with localized data processing reaching a rate of 100 billion events a day, offering efficient services to some of the biggest tech companies across the country. The company is also eyeing to aggressively expand its market footprint across India offering best-in-class localized support infrastructure to global enterprises.  

Ariel Assaraf, CEO, Coralogix said “India is a significant market for Coralogix packed with huge opportunities. India’s data privacy laws mandating data localisation is a big stride in the current era of digital revolution across businesses and administration.  We aim to assist companies comply with the country’s data privacy laws whilst offering best in class localized support infrastructure.”

“Data is the new oil, however the exponential growth of data is preventing companies from leveraging its full potential. We address this challenge through our stateful streaming analytics technology, which enables our users to decide how their data goes through our processing pipelines, enabling storage-free insights" he further added.

The latest round of funding comes on the heels of a momentous year for Coralogix. In the last quarter, Coralogix experienced 250% YoY growth and more than doubled its paying customer base to over 2000. The company will use the new capital to extend their platform beyond observability towards a comprehensive storage-free data solution.

“The dramatic shift in digital transformation is generating an explosion of data, which until now has forced enterprises to decide between cost and coverage,” said Shay Grinfeld, Managing Partner at Greenfield Partners. “Coralogix’s real-time streaming analytics pipeline employs proprietary algorithms to break this tradeoff and generate significant cost savings. Coralogix has built a customer roster that comprises some of the largest and most innovative companies in the world. We’re thrilled to partner with Ariel and the Coralogix team on their journey to reinvent the future of data observability.”

Yoni Farin, Coralogix CTO, adds, “Our mission is to make raw data obsolete. This round of funding will help us further our storage-free vision, supporting the exponential nature of software.”

India’s data centre industry is expected to grow to 1,007 MW by 2023 from its existing capacity of 447 MW according to a report released by global real-estate and investment firm JLL.

Ratings that can be trusted: Finexpo is surely leading to generate the brilliant investment opportunities by conducting Blockchain Fest to officially award the winners of distinguished Crypto Awards where the most innovative projects and companies are setting their mark based on key 2840 reviews and feedback of actual customers.

Customer-voted category such as Best of the Best finalist is a unique trophy honoring the hottest names in finance industry today. The official website https://cryptoawards.com/  have always been the go-to guide for ranking the popularity of crypto brokers, investors, innovators, and is the ultimate measure of success in trading while buzzworthy trading strategies and principles could keep the finance stakeholders talking all year of their impact on a crypto sector.

More obviously, these prestigious awards are based in a tandem with the available 231 cryptoprojects that have been joined the participation. In other words, CryptoAwards is considered to provide 85 nominations created by market experts and also to involve 32 countries with an open ranking. Another advantage is CryptoAwards by FinExpo may enable the messages involved in success stories of the best traders to reach potential trading partners, followed by an increase in reliable and true investment for businesses. Additionally, only thanks to such global CryptoAwards, can traders be kept informed about newly-launched trading services, methods of trading and more leading finance guru. Therefore, they have more choices to make about their future trading and investment career, contributing to their personal and business enhancement including their comforts and standard of trading.

Therefore, Finexpo gets the challenge to organize and showcase spectacular performances and unexpected collaborations while awarding the winners of highly coveted trading award recognizing their success in transparent finance and trading. No sooner might companies or business exaggerate or even distort the facts related to trading techniques for commercial dirty purposes than the customers can experience feelings of confusion about their investment, making them have troubles in selecting trading opportunities. So, this recent trend will not be seen due to CryptoAwards.

To be concluded, Finexpo is willing to accept and welcome the most transparent and articulate companies, brokers and others enabling to maintain the safest investment for a real trading future in the following process:

Step № 1: Any broker, bank or company are obliged to fill in their profile info being a officially registered.

Step № 2: All the participants may be found in any number of awards positions where they are willing to be.

Step № 3: Increasing the number of points would appear to be helpful in inviting more people for voting matter.

Step № 4: Your personal winning success as a final road to receive the Best ever award which is surely a driving force in getting more points.

Industry veteran Ian McKenna, founder of AdviserSoftware.com and the Financial Technology Research Centre, comments on the bid for ASX listed Iress: “For some time, adviser technology has been evolving into a global business and Iress was one of the very first firms to start this trend. The established management team has a strong track record of delivering scale solutions to financial advice firms in multiple jurisdictions. The growing collaboration between financial regulators is making it far easier to build and deploy solutions across many different countries with suitable localisation. 

“Iress are strong players in wealth, mortgages and life insurance so have offerings that can support the full long-term savings and protection landscape. Even if the current bidder does not proceed, I expect many others will now be taking a good look at this firm which certainly has a lot to offer.”

Ian McKenna is an industry veteran with over 26 years’ experience. He founded the Financial Technology Research Centre in 1995 which is arguably the first ever dedicated Fintech analyst house. Ian is available for interviews on request. Please get in contact with Lansons for more details.

 A recent survey of 527 bank customers in the United Kingdom from Momentive.ai (the research company of SurveyMonkey), commissioned by Cover Genius, sought to understand how customers of banks, neobanks and other fintech apps would react to embedded insurance offers based on real time transaction data. It asked the following:

Suppose your bank, with your permission, monitored your transactions and offered a prompt for purchasing protection products based on your purchase history inside of your banking app. Please indicate how interested you would be in allowing them to make these offers.

The findings show that 71% of British digital bank customers would be highly interested in receiving embedded insurance offers based on their transaction data, as would 64% of traditional bank customers.  ‘Convenience’ is the primary driver for their interest, stated by 49%.

“The past 15 months has accelerated the volume of digital activity, alongside a massive growth in attach rates for protection products”, said Daniel Poole, Head of Strategic Partnerships EMEA for Cover Genius. “Banks, neobanks and financial institutions have an opportunity to better serve their customers with embedded offers by adding value to major purchases with a tailored, convenient insurance offer”.

The research mirrors surveys of 3,551 Americans commissioned by Cover Genius published last month, and 11 other countries, which similarly examined 14 life events or activities or major purchases that lead to insurance consideration, such as childbirth, purchases of car, property, pets and expensive items, contracting for a wage and becoming a lessee or landlord. Across the globe, the data points to significant demand for timely and relevant transaction-based insurance offers, with dramatically higher preferences if they’ve recently had major purchases or life events, or if they used a traditional insurer in the last 12 months, or if they purchased insurance from their bank. The authors note the significant gap between an insurtech approach and the “bancassurance” reality, where traditional banks partner with traditional insurers for offerings that are typically divorced from underlying activities.

The survey of British customers also confirms that there’s broad support for bank-embedded offers for property insurance such as Renters, Homeowners and/or Landlords (43% of respondents are highly interested), travel insurance (28%), auto insurance (26%) and a range of warranties for high value personal and household items (43%).

The role and nature of traditional insurers as a “second step” in the buying process is also examined in the paper. Digital bankers and younger demographics are more likely to purchase insurance, however the data also points to a healthy future for banks as insurance distributors: 80% of Britons who chose a traditional insurer or broker in the last 12 months would prefer bank-embedded offers for next time.

While recent experience purchasing insurance is one way to identify early adopters, another is identifying users of popular fintech apps. The breakthrough findingsshow that 75% of customers who use mobile wallets, 89% of buy now pay later loan users and 79% of investing account/app users are highly interested in receiving insurance offers. Interest is also high for small business operators (89%).

“The clamour for seamless servicing has meant we’ve added partners like Wayfair and eBay in retail, several airlines and online travel agents such as Booking Holdings and Icelandair, auto, gig economy and mobility companies like National Express, Intuit and other fintechs and more”, Daniel Poole adds.   

Download the full report, “Embedded  Insurance - Leveraging Transaction Data To Expand Coverage In A Digital-First Market”, or the report for the United Kingdom..

 Vyne, the specialist account-to-account payments platform, today announces its integration with the leading global, technology and business services firm for the remittance world, RemitONE. 

The deal gives RemitONE’s 100+ remittance clients instant access to Vyne's payment solution, becoming the fastest, most cost effective way for their customers including Payment Institution’s (PIs) and Money Service Businesses (MSBs) to send remittances globally.

Vyne uses Open Banking to move money in real time between bank accounts, bypassing long-established but now outdated card networks and their associated fees. Vyne’s single integration means RemitONE’s clients can access the benefits of Open Banking including more secure, cost-effective, faster payments. With transaction times cut from days to seconds, RemitONE’s clients’ customers can send money abroad quicker than ever. 

Because Vyne allows customers to make payments directly from their own verified bank account, “know your customer” (KYC) checks and “Secure Customer Authentication” (SCA) fraud authentication can be carried out quickly and seamlessly, reducing friction and vastly improving the customer experience. 

Aamer Abedi, Chief Marketing Officer at RemitONE, says: “RemitONE is always seeking the most innovative payment products for our clients. The technical ease of Vyne’s payments platform allows MSBs to get up and running quickly, and offer their customers an efficient, robust and cost-effective way to transfer money. 10% of our MSBs took the first steps to integrate with Vyne within two weeks of the integration going live, with more client MSBs wanting to take advantage of Vyne’s Open Banking Solution  every day.”

Karl MacGregor, CEO at Vyne, says: “The international money transfer market is booming. Globalisation and the rise in digitalisation means there’s an increasing need to send money abroad as quickly, easily, and cost-effectively as possible. This integration combines the power of RemitONE’s renowned money transfer solution and global network, with the easy integration, instant settlement, and fraud resilience of Vyne’s payments platform. Together we are opening access to a new way to pay, allowing remittance businesses to offer the significant competitive advantage of safer transfers and more seamless customer experiences.”

Copper.co, a leading provider of digital asset custody and trading solutions, today announced that it will provide staking services for the Oasis ROSE token.

The Oasis Network is a rapidly growing ecosystem consisting of industry-leading app developers, blockchain infrastructure teams, node operators, universities, and more. It is a next-generation blockchain, which decouples the consensus layer from the application layer, allowing greater scalability, versatility and privacy.

ROSE is the native, capped supply utility and settlement token of the Oasis Network. The token is used for transaction fees, staking, and delegation on the Oasis consensus layer. Stakers will be able to earn rewards for contributing to the security of the Oasis Network, as locking up a stake on the network makes it more expensive for any one entity to gain control. The ROSE token provides an annualized staking reward of up to 20% and around 2.3 billion tokens will be automatically paid out in rewards over time. The supply of ROSE tokens is capped at 10 billion.

From the security of the Copper Platform, users will be able to stake the ROSE token in different pools simultaneously. Copper Platform allows digital assets in multiple exchanges, hot wallets and cold storage vaults to be managed together, all in one space. Storage of digital assets is made secure using Copper’s MPC technology, which creates three separate key shards rather than one private key, largely eliminating the risk of key exposure when signing transactions.

Alex Ryvkin, Chief Product Officer, Copper, said:

“We are delighted that the Oasis Protocol has chosen us to support the staking of ROSE, their native utility token. Oasis’ focus on personal data and scalability makes it one of the most versatile and promising networks. We look forward to supporting them as their community grows.”

Jernej Kos, Director of Oasis Protocol Foundation said:

“Copper’s Platform offers a great solution for digital asset managers to trade multiple assets within one secure and user-friendly space. Integrating ROSE into the Copper platform brings ROSE to the new generation of institutional crypto asset managers.”

 Total Expert, the CRM and customer engagement platform purpose-built for the financial services industry, today released an expanded platform, complete with powerful integrations and innovative product updates within Total Expert. The new functionality and data integrations help financial institutions humanize sales and marketing outreach, build long-lasting loyalty, and strengthen customer relationships at scale—providing the modern approach institutions need in order to win today.

This new functionality arrives at a critical juncture in the industry as banks and lenders compete for consumer attention with incredible experiences. The stakes are high: 78% of consumersexpect consistent communications wherever they engage, so every customer touchpoint can either strengthen or jeopardize a relationship.

“Modern financial institutions have an immense amount of valuable customer data at their fingertips, but too often they lack the tools to act on it,” said Matt Tippets, chief product officer at Total Expert. “Our most recent updates to Total Expert enable banks and lenders to easily transform their data into meaningful customer connections by turning customer insights into action and impact.”

The latest innovations in functionality build on Total Expert’s ability to streamline communications across the entire customer journey, including:

• Direct-to-consumer sales and marketing: Total Expert for Consumer Direct, the first all-in-one sales and marketing platform built on a single data model for direct lending, increases speed to market while powering authentic customer communications, lead routing, and lead management.
• Faster campaign execution: Improved Email Builder for creation and deployment of personalized and compliant customer emails at scale.
• Voice of the Customer: TrueIntent captures the voice of the customer and uses zero-party data to deploy humanized messages.
• Personalized outreach: All-new technology integrations with Salesforce and RatePlug centralize and configure contact and lead data to automate personalized messages to the right people at the right time.

This release is the latest in a series of major innovations the company is announcing this year—platform expansions that are driving substantial growth for Total Expert and elevating its position as a market leader. Total Expert has amassed numerous accolades over the past year, including recognition as the No.1 CRM platform by STRATMOR Group and a HousingWire Tech100 winner for four consecutive years.

“Banks and lenders who embrace Total Expert understand the need to modernize and provide value to today’s financial consumer. They know that stronger connections and more meaningful conversations throughout the customer journey deepen relationships, create financial literacy and wellbeing, and keep customers coming back,” said Joe Welu, founder and CEO of Total Expert. “Total Expert is on a mission to innovate on new technology that helps our customers put the human in the center of it all—leveraging data, automation, and industry best practices to deliver a superior experience and ultimately create a customer for life.”

For more information about Total Expert, visit www.totalexpert.com.