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Card-linked offers company, Cardlytics, closed a $70 million Series F round yesterday. The round was led by Discovery Capital, who will appoint a representative to Cardlytics' board.

The Wall Street Journal reports that, with this newest installment, the Atlanta-based company has raised a total of $170 million since it was founded in 2008. Past investors include:

    • Groupe Aeroplan
    • Canaan Partners
    • ITC Holdings
    • Kinetic Ventures
    • Polaris Venture Partners
    • TTV Capital
    • Aimia

The company plans to use the funding to develop products that analyze data in new ways. It will not only help the merchants, who pay Cardlytics to list their offers, but it is also good news for its 400 bank partners.

This includes Bank of America, who uses the company's technology to power its BankAmeriDeals (below). This year, Cardlytics anticipates the banks' cut of payment it receives from merchants will add up to $20 to $25 million.


The company plans to go public within the next 18 months. According to Cardlytics co-founder and President, Lynne Laube:

"We want to be ready to take advantage of the market, and getting ready for an IPO takes work."

Check out Cardlytics' demo from FinovateFall 2013, where it debuted its Gelocation Application.

Alumni News-- October 30, 2014

  • Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Finovate-F-Logo.jpgTemenos announces availability of its new mobile banking app.
  • Mitek reports more than 3,000 FIs have signed up for its mobile deposit solution.
  • BBVA Compass partners with Dwolla to bring real-time payments to bank customers.
  • Personal Capital announces $50 million series D round.
  • xconomy profiles anti-fraud innovator, Trustev.
  • Fiserv launches Popmoney for Disbursements.
  • Insuritas to open and manage turnkey insurance agency for Heritage Community Credit Union.
  • Knox Payments recognized in emerging startup category at Venture Forum RVA event.
  • features how SimplyTapp uses host card emulation (HCE).
  • Lendio partners with The UPS store to help SMBs.
  • Cardlytics pulls in $70 million in Series F round, prepares for IPO.
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-- August 18, 2014

  • Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Finovate-F-Logo.jpgSilanis Technology releases e-signature solutions for Salesforce and Microsoft Dynamics CRM. See Silanis at FinovateFall 2014 in New York.
  • Michael Grillo of ACI Worldwide talks about the role of mobile devices in fighting payments fraud.
  • Klarna announces appointment of Jon Kamaluddin to its Board of Directors.
  • SumUp earns double-digit million dollar investment led by Life.SREDA
  • Xero's Customer Experience team wins Bronze Stevie Award in 2014 International Business Award. Check out Xero's presentation at FinDEVr in San Francisco this October.
  • TechCrunch: Coinbase acquires blockchain explorer,
  • Silicon Angle: Why Cardlytics ditched sample data for its real-time analytics tactics.
  • EE Times reviews the similarities and differences between Ripple and bitcoin.
  • Forbes column on "the other sharing economy" profiles Expensify
  • checks in with Betterment on strategies for meeting retirement financial challenges.
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-F-Logo.jpgSilicon Republic reports: Disruptive banking service Holvi gets regulatory approval to spread across Europe.
  • Cardlytics named one of the Georgia Fast 40, which honors GA-based companies that sustain growth over a 3 year period.
  • CBS 12 News features Arxan's security tech.
  • miiCard partners with eMerchantPay to offer merchants a more secure, compliant transaction processing solution.
  • Bank Innovation speculates on potential new features from GoBank.
  • Finovate alums Fenergo and Thomson Reuters win recognition from Inside Reference Data Awards.
  • Virtual Agent Chat takes a look at IntelliResponse's OFFERS as a form of "just in time marketing."
  • Bloomberg BusinessWeek sources Scott Goldman, CEO of TextPower, on the eBay data breach.
  • Deutsche Startups interviews Numbrs CEO, Julien Arnold.
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-F-Logo.jpgPayments News: MasterCard, Fiserv partner on Debit EMV for Accel Network.
  • Xero named top choice in the list of "favorite online-based business accounting apps" by both PCWorld and Macworld.
  • Credit Karma brings in $85 million in financing led by Google Capital.
  • Compliance Week reports: Actiance's partnership with Shoutlet provides companies with compliant social marketing.
  • Expensify integrates with NetSuite and Stripe, raises maximum expense report amount, and more.
  • Cardtronics announces agreement with BBVA Compass for branded ATMs in Texas H-E-B stores.
  • PayPal's Pamela Rice joins OnDeck as SVP of Technology.
  • Azimo raises $10 million in round led by Greycroft Partners.
  • Freshminds explains how Tink, mBank and BBVA are "redefining customer centricity."
  • Kashoo earns spot on ICT 2014 Ready to Rocket list.
  • Smart Data Collective highlights Quill from Narrative Science in a column on the business applications of artificial intelligence.
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.
Cheers to a new year! After ringing in 2014, we wanted take a look back at the capital raised by Finovate alumni in 2013. It was quite a year, with alums pulling in $825 million, $365 million more than in 2012 for an increase of about 80%.

2013 funding summary:
    • 62 companies raised $825 million
    • Q4 had the most capital, with a total of $294 million raised by 17 companies (more than half by Xero, which landed $150 million). 
    • October was the busiest month, with $177 million raised (mostly Xero's $150 million)
    • May was second highest with $91 million raised by 7 companies
2012 comparison
Last year Finovate alums took in almost twice as much as 2012, when 44 Finovate alums collectively raised $460 million. The chart below shows the quarter-by-quarter comparison for both years.

Quarter 1 -- blog post
More than $155 million raised by 14 companies

January -- $57 million raised by 6 companies
February -- $56 million raised by 5 companies
March -- $42 million raised by 4 companies

Quarter 2 -- blog post
More than $205 million raised by 15 companies

June -- $81.7 million raised by 6 companies
May -- $91.5 million raised by 7 companies
April -- $32 million raised by 2 companies

Quarter 3 -- blog post
More than $171 million raised by 22 companies

July -- More than $63 million raised by 8 companies
August -- More than $26 million raised by 6 companies
September -- $82 million raised by 9 companies

Quarter 4
More than $294 million raised by 17 companies

October-- $177 raised by 6 companies
November -- More than $87 million raised by 7 companies
December -- More than $30 million raised by 6 companies

Note: Funding that companies received before they first appeared at Finovate was not counted. Questions? Comments? Email us at or

  • Finovate-F-Logo.jpgSwipely expands to new HQ building.
  • Wipro to buy mortgage consultancy firm Opus Capital Markets Consultants.
  • Apex Community FCU to offer Geezeo white label PFM.
  • Forbes highlights Cardlytics' growth and future of card-linked offers.
  • Xero adds 2 Australian banking partners: Greater Building Society and Investec.
  • TechCrunch reports: Blackhawk Network Picks Up Gift Card Startup, Retailo, To Bolster Its Reach In Europe.
  • C-SAM launches MasterPass-powered (MasterCard) digital wallet solution for FIs.
  • Jack Henry Banking wins outsourcing contract with Univest Corporation of Pennsylvania.
  • NCR to buy Digital Insight from Thoma Bravo for $1.65 billion.
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.

In a recent article, Forbes profiled card-linked offers company Cardlytics, citing a number of stats about the five-year-old startup's growth:

    • Has a view into 70% of U.S. bank customers
    • Serves 1 billion ads per month to an audience of more than 35 million customers
    • Powers the merchant-funded rewards platform of 400 banks, including Bank of America, PNC, Regions, and Lloyds. Across all 400 banks, Cardlytics drives $500 million in sales every quarter.
    • Claims to hold 80% of the merchant-funded rewards market, which is growing at 100% per year.
    • Has servers that, this year alone, have read 11 billion transactions that total $500 billion in spending
    • Anticipates grossing $50 million in revenue this year, $25 million in Q4 alone. Its revenue has grown 4x over last year.
    • Has raised $104 million


Last year Bank of America launched BankAmeriDeals, which is powered by Cardlytics. So far, the program has saved customers $17 million, and the deals have generated $700 million in sales.

What if all of this growth slows to a stop? Lynne Laube, President and COO of Cardlytics, commented on other potential revenue streams. She receives many calls from companies such as hedge funds seeking to use Cardlytics' data. This new revenue stream, however, could only be tapped if banks allow Cardlytics to use the data.

To learn more about Cardlytics, check out its demo video from FinovateFall 2013, where it debuted its geolocation application.

Finovate Alumni News-- November 27, 2013

  • Thumbnail image for Finovate-F-Logo.jpgHeckyl Technologies featured in Startup Innovation.
  • U.S. Bank's Mitek-powered Mobile Photo Bill Pay wins Best Technology Initiative in Banking award.
  • Independent Research Group names Cardlytics a Best in Class Provider in 4 categories of card loyalty technology report.
  • Ally Bank adds Fiserv's Popmoney to power recurring funds transfers on its mobile app.
  • PayPal now accepts prepaid gift cards.
  • Mashable looks at HelloWallet as an easier way to save money.
  • The Wall Street Journal reports online advisers like Jemstep enhance free services.
  • Forbes features how Moven can be especially useful over the holidays.
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-F-Logo.jpgMarketWatch mentions BrightScope and FutureAdvisor as two ways to enhance your retirement portfolio.
  • Quippi to use PayNearMe to enable cash payments for its international gift cards.
  • MoneyDesktop launches Client Services product to offer employee training, marketing, tech support & other services to increase ROI PFM investment.
  • Atlanta-based Cardlytics opens first NYC office.
  • The Guardian mentions SumUp in its review of popular mobile apps for business.
  • Finovate alums FIS, Fiserv, ACI Worldwide, Jack Henry Banking, and Temenos earn spots on IDC Financial Insights tenth annual FinTech 100 list.
  • PandoDaily takes a look at Netswipe 2.0, Jumio's payment card scanning solution.
  • Celent reviews Comarch Wealth Management Platform.
  • Ignite Sales launches mobile recommendation guides to accelerate bank customer on boarding.
  • Multicom announces partnership with pre-paid virtual card provider, Ixaris.
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-- November 4, 2013

  • Thumbnail image for Finovate-F-Logo.jpgAlly Bank integrates Fiserv's Popmoney into its set of mobile payment options.
  • Collaboration between Meniga and Promsvyazbank (PSB) brings custom-designed PFM solutions to Russian market.
  • Cardlytics announces launch of advertising platform with Lloyd's Bank in the UK.
  • Betterment upgrades its iPhone app, launches new Android app.
  • Prosper reports $50 Million in Loan Originations in October.
  • Crowd Valley partners with BancBox, CrowdBouncer to Support Online Funding Markets.
  • Lighter Capital launches $15k Dreamforce giveaway.
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.
  • Personal Capital to open Denver office.
  • Purchasing Insight reports: Taulia to bolster their presence in Europe.
  • Cardlytics announces new brand identity, including new logo and redesigned website.
  • CurrencyFair wins "Most Insightful & Intriguing Internet Innovation" at IIA Net Visionary Awards.
  • Leaf raises $20 million from Heartland Payment Systems.
  • Bright Funds announces support for PayPal.
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.
This post is part of our live coverage of FinovateFall 2013.

Up next, Cardlytics demonstrated its new geolocation technology:

"Cardlytics will demonstrate our new geo-locator technology that empowers our partner banks' customers to receive ads and offers based on their recent purchase behavior, no matter where they are in the U.S."

Product Launch: Q1 2014 (tentative)
Metrics: Cardlytics is a private company with nearly 250 employees. We've raised nearly $100M from venture capital and private investors and we serve ~30M customers per month through partnerships with nearly 400 financial institutions across the US.
Product distribution strategy: Through financial institutions

HQ: Atlanta, GA
Founded: 2008
Twitter: @cardlytics

Presenting John Brown (EVP Financial Institutions)

The full demo video will be available at in mid-September.
  • Finovate-F-Logo.jpgAmerican Banker reports: Cardlytics Announces First U.K. Bank Customer. Come watch Cardlytics' live demo at FinovateFall in NYC next week.
  • IBM partners with Monitise to provide software, technology services and consulting to improve Monitise's core services.
  • NPR's Tell Me More mentions ImpulseSave, Mint, and Manilla as 3 apps to help manage your money.
  • TSYS signs long-term payment processing agreement with Anovia Payments, LLC.
  • Check (formerly Pageonce) secures $24 million in Series C financing round.
  • Information Week highlights Credit Sesame and Kabbage in column on social media and credit worthiness.
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-F-Logo.jpgCommonWealth One Federal Credit Union to offer PFM powered by Geezeo.
  • Bank Innovation reports: Cardlytics Will Expand Location-Based Offers in 2014.
  • TSYS partners with Discover to process payments from PayPal.
  • Kony at #28, five other Finovate alums make Inc. 5000 for 2013.
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-- August 21, 2013

  • FinovateLOGO.jpgWhat Themes Will Heat Up the FinovateFall Stage?
  • Cardlytics announces patent on offer placement and management systems.
  • MasterPass gains traction as 16 payment service providers in Australia agree to provide MasterCard's digital payment option for business customers.
  • Arroweye Solutions launches CustomerConnect, a data-driven, card marketing technology solution.
  • Jonathan Lee of Phony Invoices talks about invoice fraud at Accounting Today. See them demo at FinovateFall in September.
  • SecureKey Technologies wins contract with USPS to develop Federal Cloud Credential Exchange (FCCX).
  • Fiserv renews technology relationship with Community First Credit Union in Wisconsin.
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-- August 7, 2013

  • FinovateLOGO.jpgMasterCard CEO Ajay Banga announces MasterPass digital wallet now accepted by more than 20,000 merchants.
  • EyeVerify reaches finals in four categories of the 2013 Silicon Prairie Awards.
  • Ralph Marcuccilli, president and founder of Allied Payment Network, talks about the benefits of photo bill pay.
  • ProfitStars introduces hosted version PROFITstar Budget Manager, supported by Windows Azure for cloud computing. First Interstate Bank replaces Excel-based budgeting process.
  • U.S. PayPal users given option to withdraw money using MoneyGram.
  • London Loves Business blog highlights Nutmeg, Zopa, and Wonga as well-known London-based fintech startups.
  • Cardlytics names Jim Morgan as first CFO. Come see Cardlytics demo at FinovateFall in New York September 10 and 11.
  • PreCash launches PayConnect mobile and online bill pay platform.
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.

FinovateFall 2013 is right around the corner. That means it's time to start getting to know the entrepreneurs and innovators that will be presenting their technologies on stage in New York City in September.

Remember, the early bird deadline is this Friday, August 2nd. So to reserve your spot and register now.


Akimbo Financial offers a social bank account alternative that makes sharing money easier than ever.

authenticID's identity tools pictureID and catfishID, are the most accurate, time-saving solutions for the forms of ID we already carry.

Backbase's Launchpad, the Commercial Banking Edition, making CFO's work easier.

BehavioSec uses behavioral analytics to transparently tackle web and mobile security.

BillFloat revolutionizes credit delivery to consumers and businesses.

Biometric Signature ID has a patented software-only biometric for secure ID online verification.

BizEquity is the first and leading cloud-based business valuation engine, an innovative solution to small business lead generation.

Capital Access Network is the largest and most experienced small business finance specialist.

Cardlytics uses consumer purchase data to drive a patented advertising platform. Ads are so relevant--they're expected. 

CoverHound is a comparison insurance adviser, helping people discover, buy, and manage insurance online.

CR2 is the innovative provider of self-service banking solutions including ATM, Internet, and mobile banking.

DoubleBeam's SDK powers mPayments inside other mobile apps, helping signup customers quickly and save a ton on the cost of payments.

FinanceIt offers businesses the ability to provide consumer financing to their customers at the POS.

Financial Guard helps you protect your investments, providing online investment advice at the right price, finally.

Finect is the leading online network for the financial services industry.

Fiserv is a leading global technology provider serving the financial services industry, driving innovation in payments.

FlexScore "gamifies" financial planning, gives a "score" of your financial fitness, and provides education, advice, peer comparisons.

Float Money offers interest-free credit to members of its shopping club and financial health partners.

FutureAdvisor manages your investments for better returns, making quality financial advice available to everyone.

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

Guide Financial is like a healthcheck for your finances - automatically scanning your accounts for ways you can earn or save more, and providing simple, easy fixes.

Ignite Sales is the leader in retail banking, customer acquisition, and retention technology.

Innovation Agency, where you can execute on your innovation mandate and unlock the wealth of ideas in your ecosystems.

Instabank - Beautiful money.

Interactions provides natural language Virtual Assistant application services for the automation customer care processes.

Jumio is a next generation credentials management company offering payments and ID scanning and validation products for mobile and web transactions.

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

LearnVest empowers people everywhere to take control of their money and live their richest lives.

Level Money is a financial GPS, designed to replace budgeting.

Lighter Capital provides growth capital to technology companies in a highly-automated basis - Capital-as-a-Service.

Lumesis provides software for the fixed income municipal market. Compliance and credit-focused. 

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

Manilla is the leading free and secure service to simplify and organize daily financial life.

MasterCard is a technology company in the global payments industry, operating the world's fastest payments processing network.

mBank is the biggest, pure-play online bank and the third largest retail bank in Poland.

miiCard is the first digital identity verification service to prove 'you are who you say you are' entirely online.

Mitek is positioned as the leading innovator in mobile imaging software. 

MoneyDesktop empowers financial institutions to provide online/mobile banking experiences to promote personal financial intelligence.

Motif Investing is a thematic, customizable, low-cost and crowdsourceable ETF-like product that is disrupting investing economics.

Narrative Science enables companies to uncover the insight hidden in their data and create new content at a scale and frequency never before possible.

Numbrs - One App - Every Bank.

P2P Cash is the mobile wallet with switch technology that allows us to aggregate all other mWallets and mobile financial services.

PayWith is powered by MasterCard. Funded by Merchants. Loved by Consumers.

PhonyInvoices provides invoice fraud detection and prevention. We check a company's vendor lists and transactions for suspicious activity.

Place2Give provides valuable and trustworthy information to make the most impactful social capital investment decisions.

QuarterSpot lending platform delivers the lowest cost and most favorable term small business loans.

RevolutionCredit is a revolutionary solution that transforms the credit decisioning process for both creditors and consumers.

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

SavedPlus is an automatic savings program that helps customers save money with every purchase.

Simple Verity provides business credit reports on any SMB in America.

Socure offers a social identity verification solution to combat the growing risk of online identity fraud for financial institutions.

SpearFysh leverages mobile, speech analytics, big data, and SaaS technology to improve sales processes and drive growth.

Spreedly provides vault cards in the cloud and work with more than 50 payment gateways.

StockSmart apps and platform offer insight and information on the world's best companies and people.

StrategyCorps delivers local/mobile/social consumer checking solutions so appealing and relevant, your customers will gladly pay for them.

Tinkoff Credit Systems is Russia's leading provider of online financial services.

TipRanks is a cloud-based service that measures the performance of anyone giving investment advice.

Toopher eliminates online fraud using your phone's location. Simple, secure, your phone stays in your pocket.

Unleash is the cloud CFO that helps small businesses make better decisions faster.

VerifyValid and Deluxe are giving checks their first major upgrade in more than 200 years.

Versafe protects all users from all malware, threat types. On all devices, all transparently. 

WordSentry software analyzes messages during composition, identifying non-compliant components, for correction before sending.

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

Yseop creates a new age where financial services delivered to customers are driven by AI and human collaboration.

Zenmonics is a global technology services and mobile product provider to the financial services market.

Zighra empowers banks and financial institutions to leverage implicit mobile user authentication and accelerate payments.

Zooz provides complete payment essentials at your fingertips: a robust set of tools that will improve the payment process.

Plus more stealth companies to be announced in the weeks to come.


To find out more about the upcoming FinovateFall 2013 event in New York, September 10 and 11, visit our FinovateFall information page here.

Finovate Alumni News-- July 30, 2013

  • FinovateLOGO.jpgOpenCoin is among the virtual currency innovators looking to form a self-regulatory body for the industry.
  • MasterPass from MasterCard launches in the United Kingdom.
  • Bank Innovation takes a look at FIS Global's recent remarks on the company's technology deal with Sainsbury.
  • Yahoo Finance looks at rewards earned using Dynamics ePlate credit card.
  • StreetFight features reasons to opt in for card-linked loyalty programs from Cartera Commerce, Cardlytics, edo Interactive and Swipely.
  • Netbanker features BillGuard, Manilla, and Credit Karma as value-added apps driving mobile adoption.
  • eToro adds price alerts to eToro Trader app.
  • Bright Ideas features Noreen Hafez, senior product marketing manager at Akamai.
  • Kasasa holds sweepstakes, films big-bank breakup video, featuring CEO Gabe Krajicek.
  • Betterment joins fellow Finovate alumni FutureAdvisor and LearnVest in this NYT column on bringing "financial planning to the masses."
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-F-Logo.jpgCardlytics hires Jim Morgan as its first CFO.
  • Yodlee lets U.K. lenders view prospects' bank account data.
  • Q2ebanking expands into 85,000 square foot Austin corporate headquarters, poised for continued growth with new talent.
  • TechMarketView reports: ValidSoft offering additional security in a multi-channel world.
  • Congruity Solutions features ShopKeep POS on radio talk show.
  • ProfitStars introduces iPay OneClick bill pay and Andiamo, a way to deploy mobile services without core integration.
  • Fidor Bank AG to create "liability umbrella" in new partnership with German bit coin marketplace,
  • The Currency Cloud nominated for Best Online Payments Solution (Merchants) in 2013 Payments Awards.
  • Bank Info Security interviews Akamai's Fran Trentley on security challenges in the mobile environment.
  • Paul Miniutti of ProfitStars talks about the link between ATMs, mobile devices, and P2P payments.
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.

For the second quarter of 2013, fifteen Finovate alumni raised more than $200 million. The quarterly total exceeded both that of the previous quarter as well as the same quarter last year.*

  • Q2 2013: 15 companies raised more than $200 million
  • Q1 2013: 15 companies raised more than $155 million -- blog post
  • Q2 2012: 14 companies raised more than $120 million -- blog post

Here's the Q2 summary for 2013:

April -- $32 million raised by two companies
May -- $91.5 million raised by seven companies
June -- $81.7 million raised by six companies


*While the funding over last year has increased, so has the number of Finovate alums. We're tracking more than 100 additional companies this year compared to last year.

Note: Funding that companies received before they demonstrated at Finovate was not counted. Questions? Comments? Email us at or

  • Finovate-F-Logo.jpgZopa Safeguard now has 15,000 users and has had £16m lent on platform. Zopa reaches £300m in money lent to borrowers in the UK.
  • Bank Innovation reports: Cardlytics Has 33 Million Active Users at 400 Banks.
  • Inc. Magazine creates infographic of how to select the right crowdfunding platform. Bolstr and SeedInvest among choices.
  • CommunityLend's FinanceIt partners with Pivotal Payments, a credit card payment processing company, to enable merchants to process loans directly at the POS.
  • Capital Access Network opens new facility in Lindora, Costa Rica to support growth.
  • Finect president Jennifer Openshaw talks networking for financial professionals on MarketWatch Radio.
  • Street Fight Mag includes Placecast among its "5 Tools for Point of Interest Geo-Targeting".
  • TransferWise launches GetPaid to make it easier to get compensated when working with international clients and partners.
  • Developer Tech features Keynote Systems' CEO Umang Gupta.
  • Point of Sale highlights Finovate alumni Flint Mobile and PayPal.
  • Social Trading Guru reviews ayondo 3.0.
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-F-Logo.jpgSan Diego County Credit Union launches Cardlytics' card-linked marketing platform.
  • Newfination: Bill Harris talks about Personal Capital's new funding round and the issue of continuity.
  • SecureKey's DNA security software and authentication service have been integrated with MasterCard's MasterPass.
  • BellaDati selects Chicago as its U.S. Headquarters.
  • CEO and co-founder of OpenCoin, Chris Larsen, writes about Bitcoin and "the future of money."
  • Mint, BudgetPulse listed among budgeting options in column on digitizing your finances.
  • DigitalMailer signs technology and marketing partnership with CoreTrack.
  • Locaid closes $4 million funding round.
  • DeviceFidelity partners with Susan G. Komen Dallas County via moneto Prepaid MasterCard 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.
  • Cardlytics granted patent to deliver targeted marketing offers through its network of nearly 400 banks.
  • interviews SumUp's managing director, Stefan Jeschonnek regarding Groupon and Amex's recent investment.
  • Talkapolis interviews iQuantifi founder & CEO Tom White.
  • World's largest online shoe company deploys Taulia's cloud-based solution.
  • UK-based Nutmeg appoints Lee Cowles as its new managing director.
  • Lending Club expands offices in San Francisco.
  • TSYS signs long-term, consumer credit card payment processing agreement with KeyBank.
  • ACI Worldwide to provide online banking, bill pay, and mobile banking services.
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.
Thumbnail image for CardlyticsLogo.jpg

Targeted advertising relies on accurately assessing consumer behavior, linking that behavior to future interests and needs, and then building an advertising campaign that consumers will actually respond to with real purchases of goods and services.

And according to Polaris Partners, it's so simple only one company may be doing it right: Cardlytics.

In a feature on the company and its co-founders, Scott Grimes (CEO) and Lynne Laube (President), Polaris Partners takes a close look at the way Cardlytics has been able to acquire larger advertisers and to sign them for the long term. Consider these metrics:

  • Cardlytics has contracts with a quarter of the top 100 advertisers
  • Cardlytics' ads drove $500 million in purchases in the fourth quarter of 2012
  • Cardlytics has partnerships with more than 400 American banks.
Founded in 2008, Cardlytics specializes in transaction-driven marketing. The company's technology helps FIs make targeted, relevant offers and rewards to their customers based on their customer's actual shopping behavior. The platform currently serves 78 million households in the U.S.

Cardlytics was highlighted here in the Finovate Alumni news blog just last week when the company announced that it had raised $40 million in funding from undisclosed, but current investors.

Cardlytics demoed its technology as part of FinovateEurope 2013 in London in February. See them in action here.

Card-linked offers platform, Cardlytics, announced last week that it has raised $40 million from undisclosed, existing investors.

The Boston-based company's president and COO, Lynne Laube, explained that the $40 million will be used to expand its international presence. Cardlytics already has plans to launch with bank partners in Europe, Australia, Canada, and Brazil. Specific bank partners are still undisclosed.


To learn more about Cardlytics, watch its FinovateEurope 2013 demo.

Finovate Alumni News-- April 29, 2013

  • Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Finovate-F-Logo.jpgNerdWallet profiles GoodApril. See them demo at FinovateSpring in May in San Francisco.
  • CSI Enterprises launches globalVCard for Travel mobile app.
  • Cairo Amman Bank to deploy Temenos T24.
  • Kashoo announces updates to its cloud accounting web app.
  • Cardlytics named a Best Workplace by The Atlanta Journal-Constitution for second consecutive year.
  • Virtual Piggy sees 100,000 new active users sign-up since March for its youth wallet solution. Come check out their demo at FinovateSpring.
  • Gartner names Metaforic as a 2013 Cool Vendor in the Security Infrastructure Protection category.
  • Arxan Mobile Application Integrity Protection for IBM Worklight Apps enables IBM Worklight customers to protect their mobile apps against hacking. Come check out Arxan's new technology at FinovateSpring.
  • ID Analytics introduces new version of Credit Optics Credit Score for more intelligent insight into consumer behavior.
  • Newfination talks to BankBazaar about how it works.
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-F-Logo.jpgTech Dirt looks at Narrative Science's role in algorithmically-generated journalism. Come See Narrative Science at FinovateSpring.
  • Bdaily talks with Monitise EVP, Lisa Stanton, about mobile banking.
  • Numerica Credit Union adopts BBC Easy's C&I Lending program.
  • CU Times reports Fiserv's Spot Pay offers CUs a co-branded mobile payment platform and dongle.
  • Forbes looks at the growth of edo, Cardlytics, and Cartera Commerce and how card-linked offers are better than daily deals.
  • TechCruch reports OpenCoin has acquired SimpleHoney. See OpenCoin demo at FinovateSpring in May.
  • ProfitStars launches BillSimple from iPaySolutions.
  • TSYS to present at annual card forum and expo in April.
  • IntelliResponse adds 155th customer, the company's first credit union.
  • Convenience Store Decisions notes the growing role of mobile payment options such as PayPal and Flint Mobile.
  • FIS, Open Solutions veteran Gary Daniel to join Allied Payment Network. Join them in San Francisco for FinovateSpring.
  • Banking Technology looks at eWise, Pageonce,, Kiboo, Holvi, & Moven as PFM resurgence examples.
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.


Card-linked rewards company Cardlytics recently divulged some notable metrics.

The Atlanta-based company is working with more than 300 banks to give them insight into the spending of nearly 70% of households across the United States.

Since launching in 2008, Cardlytics reports:

    • Its system reaches 75 million U.S. households, about 200 million consumers

    • Those households make more than 11 billion debit or credit card purchases annually, amounting to $500 billion

    • It has 12 million mobile customers

Across the Cardlytics network, consumers activate an average of 15-20% of deals, have increased their spending amount by 4%, and have increased their online logins by 12%.

To learn more about Cardlytics, watch its FinovateEurope 2013 demo, coming soon to

  • Finovate-F-Logo.jpgAmerican Banker asks if Atlanta is a fintech startup Mecca and looks at Kabbage and Cardlytics as examples.
  • Actiance debuts Vantage for Lync Voice to capture VoIP calls for Mircosoft Lync users.
  • BBC News looks at BehavioSec's biometric security.
  • On Deck opens new regional office in Denver, Colorado.
  • IDentity Theft 911's chief privacy officer Eduard Goodman talks smartphone privacy with
  • TransferWise announces support for peer-to-peer international payments using debit cards.
  • TransWare from Compass Plus helps PrivatBank reach peak transaction processing.
  • Balance Financial launches Digital Office suite to create personalized client portal templates that can be customized.
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.

FinovateEurope 2013 in the Press

Here's a look at some of the press coverage we received from FinovateEurope last week:

Money-Transfer Service Azimo Integrates with Facebook
By David Cohen

American Banker
Cardlytics Brings Offers, Rewards to Bank Customers on Facebook
by Mary Wisniewski

True Office, Thomson Reuters Partner to Offer Gamified Compliance Apps
by Mary Wisniewski

Backbase blog
Backbase Unveils Amazon-like Digital Marketing Module at FinovateEurope 2013
by Prue Duggan

Bank Marketing Strategy
Moven From Mobile Banking to Mobile Money
by Jim Marous
mBank idzie za ciosem i pokazuje kolejne nowości
by Michał Kisiel 

Nowy mBank zapowiada mOkazje i przelewy wysyłane jak wiadomości

Banking Technology
Finovate Europe sees arrival of the Old Guard
by David Bannister

Temenos debuts LiveDesigner at Finovate Europe
by David Bannister

Finovate Europe 2013: Bank to the Future
by Auke Douwe

Berliner Morgenpost
SumUp will traditionelle Kassen abschaffen
by Jürgen Stüber

Computer World
Gamification trend could save banks from huge compliance fines
by Matthew Finnegan

Credit Union Times
Mobile Banking by Voice Next Up? Print Preview 
by Robert McGarvey

Finantix takes mobile banking to the next level
Fresh from a $30m funding round, Kabbage looks beyond the US to launch its loans platform for UK SMEs
by Paul Sawers

SumUp demos its latest mobile-payments tech for Europe: Order a coffee simply by saying your name
by Paul Sawers

El Economista
BBVA participa en FinovateEurope entre ´startups´ europeas

El País blog
Móvil y banca en España
by Álvaro Martín Enríquez

Financial Times
Eye-opening options
by Peter Williams

Money app aimed at Facebook users
by Duncan Robinson

Triumph of technology
by Peter WIlliams

Moven gears up for launch

Temenos unveils LiveDesigner tool for Web application development

The Currency Cloud API integrated into Salesforce and Sage 50

Forrester blog
Finovate Europe 2013: Bank to the Future
by Auke Douwe Veenstra

Finovate Europe 2013: Digital Financial Innovation
by Benjamin Ensor

The Currency Cloud's unique cross-border-payments-a-service capability available for leading enterprise software 

GoMo News
UK startup debuts mobile money app for Facebook
by Dave Evans

ICT journal
Huit innovations financières primées à Finnovate
by Hélène Lelièvre

Temenos étend sa gamme de solutions pour l'expérience utilisateur
by Bastien Brodard

Intelligent HQ
#Finovate NOW a new generation of Social Bankers
by Hayden Richards

FinTech News: #Finovate, #Gamification trends
by Hayden Richards

International Business Times
Sharing Money On Facebook Just Got Easier: Should Banks And PayPal Be Worried?
by Christopher Zara

Mapa Research
Finovate Day One Round Up
by Paul Merry

Finovate Day Two
by Joshua Grant

Money Marketing
Ian McKenna: New tech will drive down costs
by Ian McKenna

Moven gives sneak peek of new mobile banking app
by Hamish McKenzie

Payments Journal
Kabbage Extends Its Small Business Funding Model To the UK

Payments Source
Cardlytics Searches for Issuer Adoption on Facebook
by John Adams

PR Web
Meniga Awarded its Second "Best of Show" Trophy at Finovate

Programmable Web
Integrate Cross-border, International Payments Processing with Currency Cloud's XBPConnect API
by Eric Carter

Puls Biznesu blog
Taki będzie Nowy mBank

RFP Connect
SAGE SA To Introduce BlackSwan Financial Platform at FinovateEurope 2013

Shiny, Shiny
Azimo lets you transfer money to your Facebook friends
By beccacaddy

Ezbob to expand to the US
By Chris Dawson

Kabbage announces UK launch at Finovate EU
by Chris Dawson

Kabbage Brings Data-Focused Online Merchant Lending To The UK
by Leena Rao

Social Money Transfer Service Azimo Adds Facebook Integration To Squeeze Western Union
by Steve O'Hear

Now you can use Facebook for international currency transfers
By Justin Harper

The Next Web
Cardlytics' transaction-linked ads for bank statements to get Facebook integration, as EU launch nears
by Paul Sawers

Open Bank Project aims to bring financial transparency to organizations with an API and Web 2.0
by Paul Sawers

P2P FX platform CurrencyFair announces $500m of transactions so far,
and vies fo $1bn in 2013 alone
By Paul Sawers

SumUp demos its latest mobile-payments tech for Europe: Order a coffee simply by saying your name
by Paul Sawers

BBVA triunfa con Stockbuzz, una app que analiza el IBEX35 en Twitter
by Miriam Castellanos

Azimo claims first with Facebook funds transfer service
By Travolution

Kabbage brings its quick fix loans to UK merchants
by Christina Farr

Thanks to everyone who came and helped make this year's FinovateEurope the biggest yet.
We will continue to add to this list throughout the next few weeks as new coverage is published. If we are missing press coverage or if you would like to add to the list, please contact with the link.
This post is a part of our live coverage of FinovateEurope 2013.

Then, Cardlytics took the stage with its Facebook app that summarizes rewards for users:

"Cardlytics' latest innovation is a Facebook app, initially launched from an online banking session, containing a rewards summary page showing all available offers. The innovation is a working prototype with a release available to banks in Q2 2013."

Product Launch: Q2 2013

HQ: Atlanta, GA, USA & London, UK
Founded: 2008
Metrics: The company has raised just under $60M in venture capital and has over 250 U.S. employees and over 15 U.K. employees. Cardlytics' targeted advertising platform can reach 220M U.S. consumers and 10M U.K. consumers. Over 20% of consumers are reached through an integrated mobile solution.
Twitter: @cardlytics

Presenting Jason Brooks (Managing Director) and Charles Humphrey (Commercial Director)

For our first ever two day FinovateEurope conference, we've selected 64 of the most innovative companies in fintech to demo their newest technology to an audience packed full of banking executives, press, analysts, bloggers, and more.

Each company provided a sneak peek of what they'll demo next month. Below is the first installment of these teasers. We'll have more next week.

Don't miss your chance to see the live demo from each company and be a part of our FinovateEurope conference at Old Billingsgate Market Hall in London on February 12 and 13. Get your ticket here.

Mobile devices are rapidly taking place of credit cards and visits to the bank. How can you have confidence that the user on the other end of that high value transaction is who they say they are? TraitWareID

So why not learn more about a comprehensive authentication solution specifically configured for applications with mobile users that offers a versatile, single, integrated approach that does not require additional hardware?

Innovation type: Identity, payments, security

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Everyone knows the importance of social networks in the financial world. Millions publicly discuss their experiences with the different brands they interact with throughout the day. It also applies to the financial markets. Investors, large or small, share their views on the main market securities and how emerging news influences their trading. 

And of all the social networks, Twitter is probably the most widely used for this type of analysis. But, is there any chance to analyse the conversations about stocks and to obtain a sentiment? We will show you that is possible.

Innovation type: Online

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Biletu is the new way to organise events and share expenses between friends, family and colleagues.

Innovation type: Mobile, PFM, Rewards

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Cardlytics is a real-time marketing and analytics platform that enables over 350 banks globally to bring profitable, targeted rewards to their consumers. Cardlytics' latest innovation is an integrated Facebook app, containing a rewards summary page showing a customer their available offers. Launching in 2013, this will allow banks to have a meaningful and valuable customer conversation in social. 

Watch as we demo creating the Facebook-to-Customer relationship, preserving customer privacy through our patent-pending OPS & OMS systems. Once the link is made we will demonstrate the targeted rewards and savings earned for a customer through the Facebook interface.

Innovation type: Mobile, online, rewards

Comarch will showcase two solutions, which work together guiding customers from the interpretation of their transactions to suggestions of products and services that can really help them improve their financial standing. Comarch solutions use multiple motivation techniques to help customers achieve financial fitness through sound personal finance management.

Innovation type: Investing & asset management, mobile, PFM

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Dashlane, winner of Best of Show at FinovateFall in NYC 2012, will demo their core technology: a consumer app (desktop and mobile) that enables users to instantly checkout, login and fill forms in a flash universally on every website and every device, without the need for any site-side integration with merchants whatsoever. 

In addition to being a secure personal data management tool and the "point of payment choice" for users, Dashlane offers financial services and ecommerce partners a privileged seat next to the user during all their online transactions.

Innovation type: Payments, security

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Big Data. Pretty much the two words that are on everyone's lips, but much harder to actually put into action... until now, that is. 

ERN will show you how our unique, big data technology platform brings together card payment and merchant data in real time. Using that data and insight, we'll show you how (at last) you can intelligently target loyalty programs and marketing campaigns effectively. Better still, there's even a smartphone app to deliver your customers eReceipts and mCoupons.

We look forward to showing you how you can close the loop on payment Big Data and create value from every single transaction.

Innovation type: Mobile, payments, rewards

eyeOpen is launching the world's first digital mortgage advisor. The digital mortgage advisor provides consumers with best-in-class mortgage advice. It provides banks and insurance companies with a leading user interface in conversions, advice algorithms and a management information dashboard on consumer behavior.

eyeOpen tested the digital mortgage advisor in The Netherlands with leading banks such as Rabobank, ING and ABN AMRO. The company sells the consumer advice software in Europe from its Amsterdam office and in the USA from its San Francisco office. 

Innovation type: Back office, banking, marketing

EZBOB offers real-time financing for e-commerce businesses in the UK. The company has developed a web-based lending platform which gathers data, in real-time, allowing for instant lending decisions. 

An e-commerce business is analysed based on data pulled through API connections to data sources such as Amazon, eBay and PayPal, as well as strategic partners such as Channel Grabber, EKM and others. 

EZBOB's proprietary algorithm allows the company to look beyond a traditional credit score. 

Innovation type: Banking, identity, lending, PFM, small business

Learn how Financial Simplicity's portfolio business management infrastructure enables wealth firms to operate thousands of individually tailored investment portfolios efficiently and compliantly. 

It will reveal how portfolio management can blend new world social relevance with operational excellence. Specifically, Financial Simplicity will demonstrate:

    1. Whole of firm portfolio mandate and compliance monitoring in a single screen
    2. On-demand portfolio analysis within a socially relevant context
    3. Investor-tailored portfolio modelling at the click of a button
    4. Implement pre-compliant portfolio decision-making across a Centralised Investment Proposition in a matter of seconds
Innovation type: Investing & asset management

Thumbnail image for Thumbnail image for INDGroupLogo.jpg
Story of My Finances is an entirely new approach in digital financial customer service. It takes online banking and PFM to the next level of mass retail financial planning and advice. 

Stories are customer-driven financial life processes, such as How to spend less, Prepare for a rainy day, Buy a home or Retirement planning. Stories help end-customers to get financially fit and to have a peace of mind. Stories are the missing link between everyday people and financial products. 

We believe that we can improve people's financial life by licensing our white-label technology to financial institutions.

Innovation type: Online, PFM, sales

You're seated comfortably watching TV, and suddenly you're notified that a bank deposit was made into your account. Good news! Simply click, and you can see the details.

The Home Shopping Network presents the set of cooking pans that you have had your eye on for ages. With the press of a button, the pans are on their way to your house!

Innovation type: Marketing, online, sales

Kalixa believes that today, payments simply don't meet the real needs of consumers and businesses. For businesses payments are expensive, fragmented and leave them exposed. 

Ed Chandler, CEO of Kalixa, will showcase how next-generation technology that underpins a total payment journey can transform payments from a source of cost, complexity and confusion into a sustainable competitive advantage that stimulates innovation and fuels business growth.

Innovation type: Cards, payments

We truly believe that the financial industry needs a radical rethink and that innovative financial services offering fair prices, transparency and creating no systemic risk are more important than ever.

Based on these conclusions, we developed an alternative to traditional FX products and services offered by banks and brokers. Kantox is a marketplace where companies can look for and find others companies - their counterparties - to exchange foreign currencies spot and forward without the intermediation of banks.

Innovation type: Payments

Thumbnail image for LuminousLogo.jpg
Luminous' BankFiling loan origination solution enables financial institutions to increase lending to banking customers, while reducing risk.

Innovation type: Banking, lending, small business

Thumbnail image for Thumbnail image for EfigenceLogo.jpg
mBank & Efigence present the first European comprehensive Bank 3.0 revolution in a large bank with a full financial product portfolio. 

mBank, an online bank, has successfully leveraged the internet to organically become the third largest in Poland. Now, it's re-inventing itself by bridging startup-grade innovation on a mass scale. It will implement a wave of next-gen services: transactional banking, transactional/real-time marketing, PFM, social, gamification, video banking, mobility and more. 

It will show its innovative transactional site and the first European implementation of transactional marketing, highlighting a creative take on Facebook, social platforms and real-time consumer gratification.

Innovation type: Banking, online, rewards

Movenbank will be the first consumer banking experience centered around mobile and enabling a consumer's everyday financial wellness. We combine mobile banking, mobile payments, and real time financial health and spending insight to help customers spend, save and live smarter. 

Consumers pay with their mobile phones and receive insight on their spending behaviors at the point of sale when it matters most. When was the last time your checking account did that?

Innovation type: Banking, payments, PFM

Your customers want a mobile service that is as smart as their device. Are you delivering? When customers use your mobile service, they often require assistance beyond self-service to resolve their needs. Having them realize they now need to call your contact center and start from scratch with the IVR causes disappointment and frustration. 

NICE Mobile Reach complements mobile self-service to bridge it with assisted-service channels. It lets companies intelligently engage their mobile customers, seamlessly connect them to the right representative with full context transfer, and then powerfully collaborate with them during the interaction. That's smart customer service that creates value!

Innovation type: Communications, mobile, sales

The Open Bank Project (OBP) is an open source-powered API for banks that enables account holders to access their transaction data using a wider range of applications and services. 

The OBP API supports transparency options (enabling account holders to share configurable views of their transaction data with trusted individuals and even the public), data blurring (to preserve sensitive information) and data enrichment (enabling users to add tags, comments and images to transactions). The OBP App Store enables banks and developers to showcase supported apps.

Innovation type: Back office, communications

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The new, highly volatile market order that's been prevailing for the last few years is raising the pressure on you to come up with asset allocations that are precisely fitted to your clients' profile. Clients increasingly challenge the proposed investment strategies' ability generate performance while preserving wealth. 

The BlackSwan Financial Platform lets you engage your clients in an interactive analysis of their risk. Explore investment options together with your clients and guide them through an informed process in selecting the most optimal asset allocation for their profile using clever quantitative finance algorithms.

Innovation type: Investing & asset management

EdgeConnect is the industry's most dynamic user experience platform (UXP). EdgeConnect provides a single, consistent platform that enables superior user experiences to be delivered across multiple distribution channels, for any product, any user, in any language and optimised for each device.

A major new editor within edgeConnect, LiveDesigner, is a game-changer in application design. It allows designers to change the look and feel, layout and behaviour while an application is executing, so that they can make changes and see the effects on dynamic application pages prior to live deployment.

Innovation type: Mobile, online, sales

Thumbnail image for TheCurrencyCloudLogo.jpg
The Currency Cloud transforms the way businesses make international payments.
We inject cost savings, transparency and productivity enhancements into the payment process to deliver a service businesses deserve. Our platform connects to a host of exchange rate providers and payment networks to optimise the conversion, sending and receiving of international payments. 

Businesses access our service directly online, through our API, or via the multitude of firms such as banks, brokers, remittance agents, IFAs, and accounting solutions providers that extend our capabilities through their own services.

We will be showcasing the power of integrated international payments within treasury solutions.

Innovation type: Back office, payments

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Could the banks have avoided over $1 billion in fines for anti money laundering violations with this True Office game?

By playing the True Office | Thomson Reuters Anti Money Laundering desktop and mobile app, financial services employees are exposed to the regulatory risks they confront, and learn how to comply with anti money laundering laws and company policies. 

The data generated from this app provides financial services institutions with compliance analytics that help identify and reduce instances of anti money laundering risk.

Innovation type: Mobile, security

TSYS Spend Controls puts control over card usage into the hands of the business owner or program administrator. It provides businesses a means to implement upfront transaction controls to ensure cardholder compliance with purchasing guidelines. 

Administrators manage parameters using a simple Web-based user interface, establishing guidelines according to business, department or individual needs. Each transaction is reviewed at the point of sale based on the pre-established parameters.

Innovation type: Banking, cards, marketing

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Virtual Piggy is the first e-commerce solution that enables kids to manage and spend money within a parent-controlled environment. 

We deliver online security platforms designed for the Under 18 age group in the global online market, and also enable online businesses the ability to function in a manner consistent with the Children's Online Privacy Protection Act ("COPPA") and similar international children's privacy laws.

Innovation type: Payments, PFM

VoiceTrust inTalk increases customer convenience, reduces call times, and provides enhanced security at financial institutions' call centers. It does this by verifying a customer's identity through passive listening to the conversation between the agent and the customer. 

Independent of the language spoken or the words uttered, inTalk is able to compare the speaker's voice against the account holder's voiceprint and indicate whether the speaker is the account holder or an imposter. The agent is alerted with a graphical indicator on their monitor.

Innovation type: Identity, sales, security

Yseop will present several intelligent text-generating financial solutions. We will demo a prep-to-meeting report written in two seconds, an automatically generated two-page financial executive summary based on the latest market data and a personalized retirement planning application. 

Yseop is artificial intelligence that writes (and speaks) non-repetitive intelligent text, just like a human being, but at a speed of thousands of pages per second. Yseop analyzes a company's business data, dialogs intelligently with its customers to understand their goals and then generates written comments and recommendations following the best practices of the company's top experts.

Innovation type: Communications, sales, marketing

Finovate Alumni News-- January 9, 2013

  • Gartner highlights Comarch Commission & Incentive in recent report.
  • FIS announces expanded relationship with Modern Woodmen Bank.
  • TomTom uses Keynote DeviceAnywhere for real-time performance monitoring in Paris.
  • The New York Times features Simple's approach to customer service.
  • Check Point Software Technologies introduces new ZoneAlarm 2013 security product line, integrates Facebook Privacy Scan.
  • MyBankTracker looks at Movenbank's new site layout. Come see Movenbank's live demo at FinovateEurope Feb 12 and 13.
  • Daily Tekk interviews Brendon McQueen, CEO of
  • eToro launches new version of its WebTrader platform.
  • Dwolla introduces new look, allows users to apply for higher transaction limits.
  • Cardlytics opens office in San Fran, appoints new SVP of Marketing. Come see Cardlytics demo at FinovateEurope next month.
  • CNBC interviews Barry Silbert, SecondMarket CEO, to understand why entreprenuers avoid IPOs.
  • Bank Systems & Technology considers how NICE's newest solution uses voice recognition to prevent fraud. Come see NICE demo its new tech live at FinovateEurope in London February 12 and 13.
  • Biometric Update highlights a year of new customers and pilot projects from VoiceTrust.
  • TechCrunch features a video interview with Betterment CEO and founder, Jon Stein.
  • Experian announces deal to provide address and mortality screening services to Guardian Financial Services.
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.
Thumbnail image for Cardlytics.jpgThe partnership between Cardlytics and Fiserv bears fruit as America First Credit Union announced that it was adopting the Transaction-Driven Marketing program developed by Cardlytics.

Offers from Cardlytics are targeted at 200 million transactions every week, and analyze $500 billion in transactions every year. They were named a "Red Herring Global 100 Winner" earlier this year out of 1,200 candidates.

America First Credit Union has the distinction of being the 12th largest credit union in the United States. Founded in 1939, America First has more than 100 branches and nearly 600,000 members.

The America First deployment is just one of the big wins for Cardlytics in 2012. In August, the company announced a new partnership with Bank of America to power its transaction-based rewards program. Cardlytics is also among the companies selected to present at the upcoming FinovateEurope 2013 in February.

Watch the Cardlytics demo from FinovateEurope 2012 here.

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  • Cardlytics platform deployed by America FCU to provide targeted rewards to its members.
  • Vermilian's bancapp technology to power EECU's mobile banking and marketing smartphone app.
  • Dwolla promotes its platform by giving $10 in waived transaction fees for every friend you refer through the end of the year.
  • Xconomy looks at what SoMoLend discussed at the recent New York Enterprise Technology meetup.
  • Bank Innovation takes a look at what PayPal's P2P for Financial Institutions means for the payments world.
  • AppShopper highlights a new app from Billhighway, Give, now available for the iPhone.
  • Netbanker looks at how Simple makes banking interesting.
  • Merger mechanics continue as Zecco accounts move to TradeKing.
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.

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