Luminous named as part of African Fintech 100

Luminous has been voted as one of the Top 100 Fintech Companies in Africa for the second year running. The voting attracted over 12,000 votes from Fintech insiders. The full list of companies can be seen at https://2017.fintech-africa.com/nominees/african-fintech-100-top-3

Luminous wins Fin5ive Global Fintech Challenge

Luminous has won the Process Automation category of the Fin5ive Global Fintech Challenge. This year’s applications were overwhelming with applications coming from around the globe including cities such as California, Johannesburg, Sydney, Malaysia, India, Switzerland, Ireland, Singapore and Hong Kong – indicating a strong interest in Malaysia’s vibrant market.

Craig Carter, Luminous CEO, accepted the award in Kuala Lumpur at the BankTech Asia conference. Read www.banktechasia.com/fin5ive-global-fintech-challenge-winners/ for more information.

Website:www.luminousbanking.com, Twitter: @luminousbanking.com

Luminous partners with Jack Henry & Associates

Luminous partners with Jack Henry & Associates

Thursday, 30 January 2014

Luminous, a specialised, financial innovations company, has announced the signing of a partnering agreement with Jack Henry & Associates, Inc. a leading provider of technology solutions and payment processing services primarily for the financial services industry. Jack Henry & Associates will offer Luminous’ product suite to its financial institution clients in the EMEA region. The new offerings are a strong complement to Jack Henry & Associates’ loan and deposit pricing solutions.

“Developing a global partner ecosystem is an important component of our long term business strategy,” Andrew Buchanan, Global Head of Sales of Luminous, said. “We believe that Jack Henry & Associates is an excellent partner as we continue to deliver innovative financial solutions for the global banking market.”

Luminous’ solutions such as PreApprover, a filtering tool for loan candidates, and BankFiling, a product that allows banks to track loans through their lifecycle to best manage risk and opportunities, will lower administration tasks, identify revenue opportunities and mitigate risk for Jack Henry & Associates’ financial institution clients’. The insights and analytics that Luminous provides will further support the strategies and long-term customer relationships that Jack Henry & Associates’ solutions develop.

Stuart Allison, Managing Director EMEA, Jack Henry & Associates said, “We are excited to partner with Luminous and offer our clients added opportunities to advance their customer offerings and operating efficiencies. Luminous joins in our strategy to develop and offer solutions that meet a real business need; combining our offerings can position our financial institutions to further improve processes and deliver excellent results.”

About Jack Henry & Associates: Jack Henry & Associates, Inc. (NASDAQ:JKHY) was founded in 1976 as a provider of core information processing solutions for community banks. Today, their extensive array of products and services include processing transactions, automating business processes, and managing mission-critical information for more than 11,900 financial institutions and corporate entities of all sizes around the world. For more information, please visit www.jackhenry.uk.com , or email enquiries@jackhenry.uk.com.

About Luminous: Luminous is a specialised financial innovations company that has successfully introduced a number of global firsts into the banking world. Luminous’ unique business case driven approach delivers excellent ROI for banks. Backed by Hasso Plattner Ventures, Luminous continues to expand their global reach with offices in South Africa, London, Brisbane and Mumbai. They also have a number of partnering agreements with industry leaders across the globe.

For more information, please email philippa.newnes@luminousbanking.com.
Website:www.luminousbanking.com, Twitter: @luminousbanking.com

Luminous launches DataVault at FinovateAsia

Luminous launches DataVault at FinovateAsia

Luminous debuted DataVault last week at FinovateAsia at the Max Atria @ Singapore venue. CEO Warren Bond had this to say after he presented to the audience last week at FinovateAsia, “We feel that DataVault enables financial institutions to dramatically improve customer experience and reduce operating costs by allowing customers to sort, store and file their important documents behind their online banking profile – eliminating the need to file paper documents at home or at the bank.”

Luminous has been a regular at Finovate conferences over the past two years and is rapidly expanding its product suite of solutions developed for banks, with banking problems in mind. Warren also goes on to state that, “We do things differently at Luminous, we don’t develop solutions and then pitch them to banks, we work with banks and develop solutions in direct response to pain areas banks are experiencing, that is how we developed BankFiling, PreApprover and now DataVault.”

“We were very excited to have Luminous launch their innovative new DataVault product at FinovateAsia”, said Eric Mattson, CEO of Finovate. “With the rapid growth of electronic documents and online banking, it seems like the idea of banks offering a virtual safety deposit box to their customers has finally arrived.”

About FinovateAsia:
FinovateAsia is a demo-based conference for innovative startups and established companies in the fields of banking and financial technology. Held in Singapore, the event offers an insight-packed glimpse of the future of money via a fast-paced, intimate, and unique format. FinovateAsia is organized by The Finovate Group. For more information on the event or to view videos of previous demos, please visit finovate.com/asia2013.

About Luminous:

Luminous is a specialised financial innovations company that has successfully introduced a number of global firsts into the banking world. Luminous’ unique business case driven approach delivers excellent ROI for banks. Backed by Hasso Plattner Ventures, Luminous continues to expand their global reach with offices in South Africa, London, Brisbane and Mumbai. They also have a number of partnering agreements with industry leaders across the globe. For more information, please email philippa.newnes@luminousbanking.com.

Website:www.luminousbanking.com, Twitter: @luminousbanking.com

DataVault launch at FinovateAsia 2013

 

DataVault launch at FinovateAsia 2013

Luminous will debut its latest innovation, DataVault at FinovateAsia in Singapore November 14 2013. The event showcases the next big innovations in financial and banking technology from leading innovators around the world and is to be held at the Max Atria @Singapore venue.

“DataVault is similar to a dropbox or a box.com service for banking customers to upload, sort and store their latest financial documents behind their online banking profile,” states Warren Bond CEO of Luminous. “We believe it is differentiated from competitive solutions  as it automatically sorts and files the most up-to-date version of the required documentation and customers have the ability to set up payment and other alerts via email and SMS.”

Luminous has successfully launched BankFiling and PreApprover at other Finovate conferences in New York and London and the company is looking forward to launching DataVault on stage at FinovateAsia.

About Luminous: Luminous is a boutique innovation company that has successfully introduced a number of global firsts into the banking world. Luminous’ unique business case driven approach delivers excellent ROI for banks. Luminous is headquartered in Johannesburg, South Africa, with operations in United Kingdom, India and Australia.

About FinovateAsia: FinovateAsia is a demo-based conference for innovative startups and established companies in the fields of banking and financial technology. Held in Singapore, the event offers an insight-packed glimpse of the future of money via a fast-paced, intimate, and unique format. FinovateAsia is organized by The Finovate Group. For more information on the event or to view videos of previous demos, please visit finovate.com/asia2013.

For more information email Philippa Newnes at philippa.newnes@luminousbanking.com. Website: www.luminousbanking.com, Twitter: @luminousbanking

BankFiling launch at FinovateEurope 2013

BankFiling launch at FinovateEurope 2013

Luminous, a boutique, banking innovation company, demonstrated the latest features and benefits of BankFiling at FinovateEurope last week. Held at the Old Billingsgate Market Hall, the event showcased the latest and greatest in financial and banking technology from leading innovators around the world.

“FinovateEurope was a fantastic platform for us to launch our latest updates to BankFiling,” states Warren Bond CEO of Luminous. “Our debut on stage last week has resonated with a number of key banking attendees who indicated that BankFiling will significantly benefit their business and commercial banking divisions by enabling the banks to lend more while reducing risk.’

‘Luminous takes the next step forward in todays’ dynamic financial technology landscape’, said Eric Mattson, CEO of Finovate, ‘We believe Luminous is changing the way financial institutions solve everyday problems and look forward to seeing what they come up with next!’

About Luminous: Luminous is a boutique innovation company that has successfully introduced a number of global firsts into the banking world. Luminous’ unique business case driven approach delivers excellent ROI for banks. Founded in 2007, Luminous is headquartered in Johannesburg, South Africa, with operations in Australia, United Kingdom and India.

About FinovateEurope: FinovateEurope is a demo-based conference for innovative startups and established companies in the fields of banking and financial technology. Held in London, the event offers an insight-packed glimpse of the future of money via a fast-paced, intimate and unique format. FinovateEurope is organised by The Finovate Group.

For more information on the event or to view videos of previous demos, please visit www.finovateurope.com.’

For more information email Philippa Newnes at philippa.newnes@luminousbanking.com.      Website: www.luminousbanking.com, Twitter: @luminousbanking

Luminous partners with Nihilent for India

Luminous partners with Nihilent for India

Pune, India, 12 February, 2013: Luminous a boutique, banking innovation company, today announced the signing of a partnering agreement with Nihilent Technologies for the Indian region.

Nihilent is one of the fastest-growing global consulting and solutions Integration Company, that uses holistic and systems approach to problem solving.

According to the terms of the agreement, Nihilent will sell Luminous’ solutions in India where over half of the country’s 1.2 billion people are banked.

Warren Bond, CEO of Luminous said, “Luminous is delighted to be entering into a partnership with Nihilent, who has a proven track record of success in this region. Luminous is keen to capitalise on Nihilent’s local knowledge, experience and expertise.”

Mr. LC Singh, President and CEO Nihilent Technologies said, “Nihilent is thrilled to engage with one of the leading innovators in the financial services market. With Luminous’ unique business case driven approach which delivers excellent ROI for banks, we feel extremely confident that Luminous’ innovations will achieve success in this market.”

About Nihilent

Nihilent is a global consulting and solutions integration company using a holistic and systems approach to problem solving. Headquartered in Pune, India, Nihilent has extensive experience in international consulting, IT outsourcing and IT services. Nihilent’s operations span North America, Europe, Africa, Middle East and Asia. Nihilent’s mission, Change for Performance, encapsulates our commitment to make change happen systemically in terms of people, process, technology and knowledge for achieving sustained performance for our clients.

For more information, please visit www.nihilent.com

About Luminous:

Luminous is a boutique innovation company that has successfully introduced a number of global firsts into the banking world. Luminous’ unique business case driven approach delivers excellent ROI for banks. Luminous will be demonstrating its latest innovation, BankFiling at Finovate Europe in London 12/13 February 2013.

For more information, please contact For Luminous, email philippa.newnes@luminousbanking.com Website: www.luminousbanking.com, Twitter: @luminousbanking.com

Luminous reduces lending risk for Commercial Banks

Luminous reduces lending risk for Commercial Banks

One of the major pain areas banks are facing today is how to increase lending to business customers while reducing risk.

According to Luminous Global Head of Sales, Andrew Buchanan, ‘When it comes to lending we are seeing two issues, firstly from customers who are worried that if they apply for a loan and are refused it will damage their credit rating and secondly from banks who are being pressured to lend more money while reducing risk.’

Luminous’ latest enhancement to its BankFiling solution significantly reduces lending risk as it enables banks to monitor the ongoing financial health of their customers by processing detailed customer information instantly and sending bank personnel a system generated report outlining potential risk and qualification levels.

BankFiling also gives customers the ability to upload key information anonymously to determine their eligibility for a business loan, encouraging prospective customers to apply for loans without compromising their credit rating.

About Luminous: Luminous is a boutique innovation company that has successfully introduced a number of global firsts into the banking world. Luminous’ unique business case driven approach delivers excellent ROI for banks. Luminous will be demonstrating its latest innovation, BankFiling at FinovateEurope in London 12/13 February 2013.

About FinovateEurope: FinovateEurope is a demo-based conference for innovative startups and established companies in the fields of banking and financial technology. Held in London, the event offers an insight-packed glimpse of the future of money via a fast-paced, intimate and unique format. FinovateEurope is organised by The Finovate Group. For more information on the event or to view videos of previous demos, please visit www.finovateurope.com.’

For Luminous, email philippa.newnes@luminousbanking.com Website: www.luminousbanking.com, Twitter: @luminousbanking.com