CommunityLend Archives

Celebrate Canada Day with Our Alums from the Great White North

By David Penn Posted on July 1, 2015
Categories: Bionym, Carta Worldwide, CommunityLend, Digital Retail Apps, Dream Payments, Finaeos, FinanceIt, INETCO Systems, IntelliResponse, Market IQ, PayWith, Place2Give, SecureKey, Silanis Technology, TickSmith, TIO Networks, Trulioo, VoiceTrust, Wall Street Survivor, Zighra

July 1st is Canada Day, the day Canadians from Nova Scotia to British Columbia and all the provinces in between celebrate the day the country we know as “Canada” was officially formed as a single nation within the British Empire.

So if you’ve got room in your schedule for one more Canada Day Celebration, then please join us in spending a little time celebrating with a score of Finovate alums that are driving fintech innovation in and out of “the Great White North.”

Bionym – Toronto, Ontario – FinovateSpring 2014

Carta Worldwide – Toronto, Ontario – FinovateFall 2012

CommunityLend – Toronto, Ontario – FinovateFall 2012

Digital Retail Apps – Toronto, Ontario – FinovateSpring 2014

Dream Payments – Toronto, Ontario – FinovateSpring 2015

Finaeos – Victoria, British Columbia – FinovateSpring 2015

FinanceIt – Toronto, Ontario – FinovateFall 2013

INETCO – Burnaby, British Columbia – FinovateSpring 2015

IntelliResponse – Toronto, Ontario – FinovateSpring 2014

MarketIQ – Toronto, Ontario – FinovateFall 2013

PayWith – Vancouver, British Columba – FinovateFall 2013

Place2Give – Calgary, Alberta – FinovateFall 2013

SecureKey – Toronto, Ontario – FinovateFall 2012

Silanis Technology – Toronto, Ontario – FinovateFall 2014

TickSmith – Montreal, Quebec – FinovateFall 2014

TIO Networks – Vancouver, British Columbia – FinovateSpring 2012

Trulioo – Vancouver, British Columbia – FinovateSpring 2015

VoiceTrust – Montreal, Quebec – FinovateEurope 2013

Wall Street Survivor – Montreal, Quebec – FinovateSpring 2012

Zighra – Ottawa, Ontario – FinovateFall 2013

And a special Canada Day shout-out to Finovate partner, the Canadian Trade Commissioner Service, which supports Canadian startups through mentorship and access to U.S. partners and investors.

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Finovate Alumni News– August 23, 2013

By David Penn Posted on August 23, 2013
Categories: CommunityLend, Keynote DeviceAnywhere, Moven

CommunityLend announces that the beta version of Financeit iOS app is now available for download. See them demo at FinovateFall in New York next month.

Moven forms strategic partnership with Russian venture capital fund Life.SREDA.

Keynote goes private as stockholders approve sale to Thoma Bravo.

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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FinovateFall 2013 Sneak Peek: Part 1

By David Penn Posted on August 13, 2013
Categories: CommunityLend, Financial Guard, FinovateFall 2013, FlexScore, Interactions, Place2Give, Socure

On September 10 and 11, Finovate will return to New York for FinovateFall 2013.

70 companies will take the stage to present their latest technologies, including many that will be making their Finovate debut.

In the weeks leading up to our September event, we’ll help you get to know the innovators and entrepreneurs who will be demoing in New York. Today’s installment introduces our first set of fintech presenters: CR2, FinanceIt/CommunityLend, Financial Guard, FlexScore, Interactions Corporation, Place2Give, QuarterSpot and Socure.

Want to join us in New York in September? Get your ticket to FinovateFall 2013 here.

______________________________________________________________________

CR2 is a leading multichannel banking software provider with a focus on innovation.

Features:

A never-seen-before customer experience at the ATM
Customized and interactive banking
Meaningful revenue driver for the bank

Why it’s great: ATM usability inspired by kiosk and mobile practices for both customers and non-customers.

Martin Dolan, CEO, CR2

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FinanceIt/CommunityLend allows businesses to offer consumer financing to their customers anywhere.

Features:

Photo ID scan for instant approval
iPad app
Consumer-facing loan application for pre-approvals

Why it’s great: FinanceIt will be live in the U.S. Q1 of 2014 and is actively looking for partnerships with merchants and lenders.

Michael Garrity, CEO, CommunityLend

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Financial Guard is an online investment manager reinventing the financial services industry by providing professional, unbiased, transparent, actionable investment advice to the individual investor.

Features:

Holistic investment portfolio optimization
Full transparency
Simple enough for a college intern. Complex enough for a Ph.D in Finance

Why it’s great: Investment Advice at the Right Price, Finally

Kevin Pohmer, President, Financial Guard

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FlexScore is the first-ever, financial scoring tool and is specifically made to make financial education fun for middle-class America.

Features:

First-ever overall financial scoring tool
Provides actionable steps to help user improve finances
Peer ranking tool so users can compare scores

Why it’s great: First-ever personal finance too for middle America instead of the uber rich.

Jason Gordo, CEO, FlexScore

Jason Gordo is listed in the Forbes Top 50 RIA’s in the country. He is also co-author of “FlexScore: Financial Advice for the Rest of Us.”

Jeff Burrow, President, FlexScore

Jeff Burrow is President of FlexScore and is co-author of the book, “FlexScore: Financial Advice for the Rest of Us.” He is a certified financial planner.

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Interactions Corporation is a virtual assistant for banking/financial services

Features:

Customers interact exactly was they would with a live agent
Significant improvements in Net Promoter Score
Significant operations savings

Why it’s great: Simply better customer experience

Phil Gray, Executive Vice-President of Business Development, Interactions Corporation

Phil Gray is a successful startup executive with extensive experience in speech and call center technologies.

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Place2Give helps advisors connect and manage their client’s charitable giving.

Features:

Matches donors to charities using unique algorithms
Shortens advisor research time
Manages donor’s pledges, disbursement and charity tax receipts

Why it’s great: The Toolbox helps reduce an advisor’s research time, justify fee value and aid client retention.

Gena Rotstein, Founder, CEO, Place2Give

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QuarterSpot is a new small business online lending platform using artificial intelligence to significantly lower cost of capital and eliminate need for personal collateral.

Features:

AI underwriting better assesses business risk in minutes
Lowers SMB cost of capital up to 85%
No personal collateral at risk for business loan

Why it’s great: Small businesses searching for capital no longer have to compromise. QuarterSpot makes it easy, fast, and affordable to secure a trusted loan.

Adam Cohen, Co-Founder, CEO, QuarterSpot

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Socure has developed a new form of online identity verification to reduce fraud using a series of proprietary machine learning algorithms to analyze social and identity data.

Features:

Authenticate a user to detect ID theft and account takeover fraud
Improve existing KYC/AML capabilities
De-risk each side of a social P2P payment

Why it’s great: Socure helps financial institutions use social data to reduce various types of online fraud.

Sunil Madhu, CEO, Co-Founder, Socure

Sunil Madhu is an entrepreneur and architect with 20+ years of experience developing and selling innovative enterprise software solutions.

Johnny Ayers, Director of Business Development, Co-Founder, Socure

Johnny Ayers is a management consultant turned entrepreneur. He leads Socure’s business development and operation efforts.

______________________________________________________________________

For more information on attending FinovateFall 2013, see our FAQ. To register, visit out FinovateFall 2013 page here.

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Meet the Innovators of FinovateFall 2013

By David Penn Posted on August 1, 2013
Categories: Akimbo Financial, authenticID, Backbase, BehavioSec, BillFloat, Biometric Signature ID, BizEquity, Capital Access Network, Cardlytics, CommunityLend, CoverHound, CR2, DoubleBeam, Financial Guard, Finect, Fiserv, FlexScore, Float Money, GMC Software Technology, Guide Financial, Ignite Sales, Innovation Agency, Instabank, Interactions, Jumio, Kofax, LearnVest, Level, Lighter Capital, Lumesis, Luminous, Manilla, MasterCard, mBank, MiiCard, Mitek, MoneyDesktop, Motif Investing, Narrative Science, Numbrs, P2P Cash, PayWith, Pendo Systems, Phony Invoices, Place2Give, QuarterSpot, RevolutionCredit, SaaS Markets, Saved Plus, Simple Verity, Socure, SpearFysh, Spreedlly, StockSmart, StrategyCorps, Tinkoff Credit Systems, TipRanks, Toopher, Unleash, VerifyValid, Versafe, WordSentry, Yodlee, Yseop, Zenmonics, Zighra, Zooz

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.

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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.

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

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CommunityLend’s Partnership with Pivotal Payments Combines On-Premise Financing with Payments Processing

By Julie Muhn (@julieschicktanz) Posted on July 25, 2013
Categories: CommunityLend

We recently chatted with CommunityLend’s FinanceIt team to figure out what is behind its partnership with Pivotal Payments.

The FinanceIt solution helps merchants provide loans to consumers at the point of sale to finance their purchase. Right now, more than 2,400 merchants across every province in Canada have signed up for the platform, which will be coming to the U.S. in 2014. It is free for merchants to sign up and use.

Quick stats

Number of employees: 40
Total funding: $8 million to date
Total loans to date: Over $400 million in loan applications and over $100 million in originations
Default rate: under 0.9%

New Partnership
FinanceIt recently partnered with Pivotal Payments, a company that processes over $10 billion in transactions annually. By combining Pivotal’s payment processing and FinanceIt’s in-store financing, this partnership provides an all-in-one point-of-sale solution.

Pivotal Payments plans to resell FinanceIt to its 60,000 merchants and will use the program as an incentive to sign new merchants. Initially, FinanceIt will not be white-labeled for merchants, but it plans to do so later on.

According to Casper Wong, COO of CommunityLend, this is the first of many partnerships, especially as it expands to the U.S.

Vertical Types
FinanceIt works well in the following verticals:

Retail: 5% of loans on the platform

Vehicle: 80% of loans on the platform

Home Renovation: 15% of loans on the platform

Health: 5% of loans on the platform

When the iPad app is released this week, FinanceIt expects the number of loans to shift more toward home renovation and health, which are both more conducive to a mobile point-of-sale solution.

Use for merchants and borrowers
The iPad screenshots below detail the merchant experience of qualifying a borrower for a $2,000 loan issued at the point of sale.

1) The merchant photographs the back of the applicant’s driver’s licence. The app scans the barcode to extract information about the customer and populate loan application fields.

2) FinanceIt verifies the consumer’s credit score via Equifax and ensures they aren’t on anti-terrorist or money laundering lists.

3) Once the borrower is approved, the terms of the loan are displayed for the borrower to confirm or adjust until they are satisfied with the monthly payment.

4) The borrower provides additional information, such as email and phone number.

5) To finalize the loan, the customer and merchant sign the document on the iPad screen using their finger. Then it is submitted digitally to both the lending institution and the borrower.

The whole process generally takes under 5 minutes.

Use for financial institutions
FinanceIt is working with four financial institutions who fund the loans. The company is seeking more partnerships.

Here’s what the lender sees:

1) The online platform (pictured below) allows lenders to view applications, loans, exceptions, transfers, partners, and reports. The Applications view enables them to filter by:

Pending loan requests
Loans ready for funding
Aborted loans
Declined loans
Loans requested on a particular day

2) The platform also provides details about the merchant including historical loan requests and contact information.

Marketing Support
CommunityLend provides a training video and marketing materials that help merchants develop their marketing strategy around FinanceIt’s loan platform. See the example below.

This program, called Merchandising in a Box, helps merchants make decisions on the best combination of financing. For example, is it better to offer no money down combined with a low interest rate, or would they benefit more by offering 6 months no payments combined with a higher interest rate?

The program also provides merchants with marketing materials for their store, such as price tags, customizeable banners for their website, table toppers, window stickers, etc.

If you missed it in New York last year, catch the demo video from FinovateFall 2012. To see the newest development from FinanceIt, come to FinovateFall in New York this September 10 & 11.

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Finovate Alumni News– July 5, 2013

By David Penn Posted on July 5, 2013
Categories: CommunityLend, Monitise, QuantConnect, Quantopian, SeedInvest, Temenos, Zopa

Investment News’ “In Tech” column features Jared Broad, co-founder and CEO of QuantConnect.

Crowdfundinsider reports on SeedInvest’s new feature: SeedInvest Groups.

Bamboo Innovator takes a look at “do-it-yourself” hedge fund site, Quantopian.

Monitise wins Cross-Border Deal of the Year award for acquisition of Clairmail.

CommunityLend launches FinanceIt iPad app for consumer financing in store or on the road.

Zopa CEO Giles Andrews urges banks to keep customers in mind in address at Wired Money.

Temenos unveils solution to make it easier for banks to integrate new technology.

This post will be updated throughout the day as news and developments emerge. You can also follow all the alumni news headlines on the Finovate Twitter account.

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FinovateAlumni News– July 2, 2013

By Julie Muhn (@julieschicktanz) Posted on July 2, 2013
Categories: ayondo, Azimo, Blaze Mobile, CommunityLend, Dwolla, Lending Club, Linkable Networks, Monitise, On Deck Capital, OpenCoin, SafetyPay, SecureKey, TradeHero, TSYS

Lending Club’s platform has originated $2 billion in total personal loans, $158 million of loans in June alone.

HSBC Bank Oman launches SecureKey for internet banking and upgrades mobile banking app.

Adidas to accept SafetyPay for online payments across Latin America.

Iowa government will soon accept Dwolla as payment for property and vehicle taxes.

The American Bankers Association endorses the card-linked offer technology powered by Linkable Networks.

The Next Web reports: Virtual stock market game startup TradeHero aims for $5m funding and 1m users by year-end.

Monitise and Telefonica enter mobile money partnership.

The Globe and Mail looks at On Deck Capital, Lending Club, and CommunityLend’s FinanceIt as alternative financing.

Money Insider column in The Independent features Azimo.

Forex Brokerz takes a look at social trading via ayondo.

Pymnts.com interviews TSYS Director of Acquiring Solutions Product Management, Tedd Huff on payment processing.

OpenCoin launches Bitcoin Bridge, an e-commerce enabler for Ripple.

CEOCFO Magazine interviews Blaze Mobile CEO Michelle Fisher.

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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Finovate Alumni News– June 13, 2013

By Julie Muhn (@julieschicktanz) Posted on June 13, 2013
Categories: ayondo, Bolstr, Capital Access Network, Cardlytics, CommunityLend, Finect, Flint Mobile, Keynote DeviceAnywhere, PayPal, Placecast, SeedInvest, TransferWise, Zopa

Zopa 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.

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Finovate Alumni News– May 20, 2013

By David Penn Posted on May 20, 2013
Categories: Allied Payment Network, BBC Easy, CommunityLend, Lendio, OneID, Palo Alto Software, Quantopian

Quantopian featured in the print edition of Barron’s Electronic Investor column.

Software company Malauzai, technology partner with Allied Payment Networks, talks mobile photo bill pay adoption rates.

CardNotPresent takes a look at OneID’s two-factor authentication technology.

Palo Alto Software collaborates with MasterCard to provide lean planning and management software solutions to small businesses.

Lendio interviews BBC Easy founders in a podcast on its blog.

CommunityLend’s FinanceIt launches paperless document function.

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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Finovate Alumni News– April 25, 2013

By David Penn Posted on April 25, 2013
Categories: BillFloat, CommunityLend, Cortera, eyeOpen, ID Analytics, Jack Henry, Kabbage, Kofax, Kony Solutions, Outright.com, TSYS, Zooz

Digital Journal profiles BillFloat.

Bank Independent picks Jack Henry Banking’s SilverLake technology for enterprise-wide automation.

TSYS Merchant Solutions launches Pay in Your Currency multi-currency solution.

CommunityLend earns spot on Branham300’s Top 25 Up and Coming companies roster.

Outright unveils new look.

ID Analytics introduces new version of Credit Optics Credit Score for more insight into consumer behavior.

Kofax ranked a “Leader” by Forrester Research in The Forrester Wave report.

AGBeat features Kabbage. Check them out at FinovateSpring.

Kony Solutions announces record year in FY2013, growing 90% YOY. Hires Abhay Parasnis as President and COO.

FT Adviser highlights eyeOpen.

MO interviews Cortera CEO Jim Swift.

Mobile World Live takes a look at Zooz’s recent funding round. Meet Zooz in San Francisco as they demo their technology as part of FinovateSpring.

This post will be updated throughout the day as news and developments emerge. You can also follow all the alumni news headlines on the Finovate Twitter account.

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Finovate Alumni News– April 24, 2013

By Julie Muhn (@julieschicktanz) Posted on April 24, 2013
Categories: ACI Worldwide, Adobe, CommunityLend, Finect, Green Dot, MicroStrategy, SapientNitro, TipRanks, TransferWise, Zopa

Adobe and SapientNitro form partnership. Come see Adobe’s new tech at FinovateSpring.

Forbes lists Zopa as 1 of 10 top P2P lending platforms in Europe.

MicroStrategy unveils upgrade to company’s enterprise analytics platform. See them demo at FinovateSpring in May.

Bank Systems & Technology takes a look at ACI Worldwide’s new Universal Payments Platform.

CommunityLend’s FinanceIt named 1 of Branham300’s Top 25 Up-and-Coming companies.

Is TransferWise a “simplified PayPal for business banking”?

ACI Worldwide to offer Mobile Bill Pay Suite.

Bank Investment Consultant features social media resource Finect. Come meet Finect at FinovateSpring in San Francisco in May.

Newser takes a look at Green Dot’s new online bank: GoBank. See a demo of GoBank at FinovateSpring.

Motherhood Moment interviews TipRanks CEO and co-founder Uri Gruenbaun. See TipRanks in action at FinovateSpring.

This post will be updated throughout the day as news and developments emerge. You can also follow all the alumni news headlines on the Finovate Twitter account.

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Finovate Alumni News– February 21, 2013

By Julie Muhn (@julieschicktanz) Posted on February 21, 2013
Categories: Azimo, Cartera Commerce, CommunityLend, DeviceFidelity, Dwolla, Expensify, FamZoo, Fiserv, Geezeo, Mitek, MoneyDesktop, ReadyForZero, Simple, Taulia, TSYS

CommunityLend grows FinanceIt team.

Cartera Commerce appoints Brian Michon as CTO.

Expensify integrates with Sage 50.

Mitek granted new patent for its mobile photo bill pay capabilities.

Geezeo partners with OSG Statement Services to develop a statement option that will allow PFM data to be leveraged in eStatements and printed statements.

GoBankingRates reviews Simple’s banking service.

Mashable features ReadyForZero.

American Banker reports: Maine’s Katahdin Trust Company selects Fiserv’s core banking platform.

MoneyDesktop reports record year with customer growth of nearly 80% from 2011 to 2012 and a 4.5X increase in recurring monthly revenue.

Hallmark chooses Taulia to provide e-invoicing, dynamic discounting and supplier self-services.

FamZoo’s prepaid card family pack featured in TIME.

Torsion Mobile integrates with Dwolla’s payment network.

Dallas Business Journal reports that Device Fidelity has raised $1 million in debt financing.

TSYS to begin processing ATM transactions through the LINK network in the UK.

Azimo CEO Michael Kent explains the social remittance business in Pymnts.com Q&A.

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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