Finovate - Conferences Showcasing the Future of Financial & Banking Technology
FinovateSpringFinovateFallFinovateAsiaFinovateEurope

Blog

TopicsTopics   TopicsArchives  

Recently in ClairMail Category

  • Thumbnail image for Thumbnail image for Finovate-F-Logo.jpgGCS Federal Credit Union selects Geezeo to provide PFM service.
  • T8 Webware presents Thinc Iowa Opening Party Oct. 20.
  • Clairmail wins BAI Mobile Pace Setter Award.
  • Silver Tail Systems is selected as a SINET 16 Innovator.
  • CarryQuote wins prestigious 2011 Bully Award.
  • Everything Finance Blog reviews Prosper.com.
  • Bank Innovation reports that Tyfone now allows banks to provide clients with mobile wallet solution.
  • Financial Edge lists the Credit Karma blog as 1 of 6 blogs to help you budget better.
  • T8 Webware signs 14 bank customers to its Grip Platform.
  • Lighter Capital CEO Andy Sack guest-posts about revenue-based financing on AVC blog.
  • Q2ebanking partners with Unwired Nation to expand its mobile banking.

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.
BAIIMG2.jpg
The BAI Retail Delivery conference begins tomorrow with 29 Finovate alumni participating in sessions and/or exhibiting on the trade show floor.

Session Speakers
  • Tuesday, Global Game-Changer Session
    Speaker: Jim Taschetta from FreeMonee
  • Wednesday, Technology for Business Summit 
    Speaker: Mitch Jacobs from On Deck Capital
  • Wednesday, Technology for Business Summit Session 
    Speaker: David Eads from Kony Solutions
  • Thursday, Technology for Business Summit Session
    Speaker: Eric Connors from Yodlee
  • Thursday, Marketing & Product Management Summit Session 
    Speaker: Rod Witmond from Cardlytics
Exhibitors 
BAI Mobile Link
Mobile Link Panel Discussions
Solutions Theatre
Jim Bruene and I (julie@netbanker.com) will be in attendance and will update the blog and Twitter with new developments throughout the event. 
Thumbnail image for Thumbnail image for AlumNewsIMG.jpg
Bobber Interactive
Bobber.jpg
Tech Flash interviewed Eric Eastman, Bobber Interactive's CEO, on how the gamification of money management aims to help Generation Y better manage their money. Link 

BrightScope
BrightScope released a report detailing the top 12 small-cap funds in America's 401k plans. This report is part of a series that provides insight into the top funds and managers in the retirement marketplace. Link

ChargeSmart
Discover is offering an instant rebate to customers who pay their utility bills using a Discover Card on ChargeSmart's website. Link

Check Point Software Technologies
  • Check Point enhanced its Software Blade Architecture by releasing R75.20, a comprehensive approach to security that includes a URL filtering Software Blade, SSL inspection, and data loss prevention. Link
  • The Wall Street Journal discussed Check Point's ZoneAlarm SocialGuard that helps parents protect children on Facebook in a non-intrusive manner. Link
Clairmail
Clairmail announced  record growth this quarter, with more than a 60% increase in bookings from last quarter. Link

Clovr Media
Clovr.jpg
  • BostInnovation stated that Clovr Media is changing the way consumers collect loyalty rewards through its Card-Linked Ads that allow consumers to access rewards by clicking on an advertisement. Link
  • Mass High Tech's weekly Startup Watch listed Clovr Media as one of five startups to follow. Link
Credit.com 
EQuicknews listed Credit.com as a free way to check your credit score with no strings attached and highlighed the Credit Report Card feature. Link

doxo 
The Appvita blog profiled doxo, noting insider tips and practical uses, such as comparing bills on a month-to-month basis. Link

Dwolla
Bank Technology News looked at the players in the mobile payments space and listed Dwolla as a formidable competitor. Link

EDO Interactive
edointeractive.jpg
EDO Interactive received $20 million in Series B funding to grow its Prewards platform that enables advertisers to offer digital deals and incentives that consumers redeem by using their existing credit, debit, or prepaid cards. Link

eToro
eToro began a trading contest for users with both demo and live trading accounts. Traders who accumulate the greatest gains will win each round. Link

eWise
eWise added Renasant Bank to its customer base, providing Renasant customers access to Secure Vault Payments, an alternative payment method. Link

Expensify
  • Expensify added a new feature that provides QuickBooks users a way to easily identify billable expenses to add to invoices. Link
  • The Kitsap Peninsula Business Journal listed Expensify as one of ten business apps for empowering your inner geek. Link
Kony Solutions 
kony solutions.jpg
Tower Group, in its Review of North American Consumer Mobile Banking Technology Vendors, ranked Kony Solutions among the top mobile banking technology vendors. Kony excelled in the feature/function and customization categories. Link

Lending Club 
TechCrunch highlighted Lending Club's announcement of $25 million in Series D financing from Union Square Ventures and other existing investors. Link

Lendio
Lendio added Cardinal Bank to its network of lenders providing clients with more options in finding equipment loans, business lines of credit, acquisition financing, commercial real estate, SBA 7(a) and SBA 504 loans. Link

Mitek Systems
Mitek Systems launched  Mobile Imaging Cloud Service that captures, extracts, and routes information contained in documents. The service helps app developers create smartphone and tablet apps that use a camera input function. Link

Monitise 
Monitise Asia Pacific launched its mobile banking, payments, and commerce services in Indonesia and signed a joint venture agreement with PT Astra Graphia Information Technology, an information and communication business. Link

On Deck Capital
on deck capital.jpg
On Deck Capital raised $19 million of its own in a Series C round of funding. Link

RobotDough 
RobotDough founder, Wilton Risenhoover, revealed why he started RobotDough and how it works. Link

SafetyPay
SafetyPay received a Payment Services Directive License to provide cross-border payments throughout Europe strengthening its position in that market. Link

SecondMarket 
BostInnovation used SecondMarket's alternative investments platform to discover top Boston companies. Link

Striata
striata.jpg
Baton Rouge Water Company selected Striata, along with payment services company Western Union, to provide email billing with integrated electronic payment service. Link

The Receivables Exchange 
Treasury & Risk profiled The Receivables Exchange, describing the process companies use to sell their receivables on the online platform. Link

TradeKing
TradeKing launched a $100 bonus for new customers who open an account by August 31, 2011. Link

Wonga 
Smarta interviewed Wonga director, John Moorwood, about Wonga's growth over the past 12 months. Wonga is now issuing over 1.5 million short-term loans. Link

Xero
Xero released Xero Touch, its new accounting app for the iPad, iPhone, and iPod Touch. Link

Thumbnail image for AlumNewsIMG.jpg
Clairmail
Clairmail chose Jigsaw's Data Cloud to help its mobile banking client improve marketing and receive more leads. During vendor trials it saw an increase in productivity, response rates, sales, and marketing effectiveness. Link

Clovr Media 
Boston Business Journal reported that Clovr Media is preparing for the launch of its credit 
Clovr.jpg
card-linked offers at the end of the fourth quarter by hiring 12 new staff members. Link

Confident Technologies
Confident Technologies released a two-factor mobile phone authentication platform that requires the user to memorize images. Because this second factor security is not stored on the user's device, it mitigates the opportunity for Zeus-in-the-middle attacks. Link

Currensee
The Forbes blog looks at Currensee for social foreign exchange investing, paying special attention to its rapid growth rate. Link

doxo 
The Entrepreneur blog compared doxo's document storage and online payment system to PayPal, citing that the cost to collect payment is less than half of a typical PayPal transaction. Link

Dynamics
The Pittsburgh Business Times interviewed Jeff Mullen, CEO of Dynamics, Inc on the naming of the company. Link

eToro 
  • The Forbes blog looked at eToro for social foreign exchange investing, paying special attention to its rapid growth rate. Linketoro.jpg
  • The World Finance Awards selected eToro as Best Social Trading Network, Best Mobile Trading Platform, and Best Trading Software Provider. Link
Geezeo
Geezeo was selected by The Coca-Cola Family Credit Union to provide a PFM solution and integrated marketing platform. Link

Ideon Financial Solutions
Ideon Financial Solutions was granted a patent for its Choice Savings technology, a system that allows financial institutions to provide their clients with a variety of customizable savings products. Link

Identity Theft 911
Identity Theft 911 partnered with Arabella Protection Insurance Company to offer commercial data breach services like preparedness and response. Link

Intuit 
TechCrunch reported that Intuit launched a QuickBooks mobile app for the Android that 
intuit.jpg
allows small businesses to access their data from QuickBooks Pro, Online, and Premier. Link

Lending Club 
  • American Consumer News provided a comparison guide for borrowers and lenders to Prosper's and Lending Club's services. The benefits included high rates of return and flexibility. Link
  • Brian Wong's Database blog looked at what its like to invest in Lending Club. He presented his opinion on the usability of the service. Link
Metavante 
EverBank, a $7 billion Internet bank, announced that it is seeking to be an early adopter of Metavante's customer information management product, a product that was built from the Temenos Core Banking Platform, a result of the partnership formed in 2007. Link

mFoundry 
NEFCU added a mobile app for the Android, using mFoundry's technology to offer account balances, check history, transfers, and bill pay. This is in addition to its existing apps for Blackberry and the iPhone. Link

Micronotes 
1st Advantage Federal Credit Union, a major Virginia credit union, announced that it will use
micronotes.jpg
 Micronotes' cross-sell engine, KulaX, to improve lead generation. Link

Prosper 
American Consumer News provided a comparison guide for borrowers and lenders to Prosper's and Lending Club's services. The benefits included high rates of return and flexibility. Link

Syphr 
Syphr was among 6 out of 90 fintech companies selected by the Fintech Innovation Lab who will present their innovations to Wall Street venture capitalists. Link

AlumNewsIMG.jpg
Last week, AlwaysOn released its 2011 AlwaysOn Global 250 Top Private Companies List that represents the top emerging companies Worldwide. Twelve Finovate Alumni were selected:
  • BillFloat
  • Bling Nation
  • Boku
  • Cardlytics
  • ClairMail
  • Expensify
  • IDAnalytics
  • Lending Club
  • SecondMarket
  • Wikinvest
  • Wonga
  • Yodlee
_________________________________________________________________________

In other Alumni News:

Aptys Solutions
Aptys Solutions.jpg
Aptys Solutions announced that the ACH functionality in its PayLogics payment platform provides same-day settlement. Link 

Balance Financial
  • Balance Financial launched Balance Certified Pro, a new software that is geared toward professionals. Link
  • Balance Financial released an iPhone App. Link
BillGuard
TechCrunch reported that BillGuard's "Anti-virus for Bills" is now completely free for users. Link

BrightScope
CNNMoney's article, Simplify Your Retirement Savings, pointed to BrightScope to provide a clear understanding of retirement savings. Link

ChargeSmart
ChargeSmart announced that its Bill Payments customers can now pay many of their utility bills with an American Express card. Link

Continuity Control
Continuity Control raised $1.1 million in financing from convertible promissory notes and warrants. Link

Cortera
cortera.jpg
The Miami Herald reported that Cortera's Risk Data and Reporting is now an SAP-endorsed business solution. Link

Cortal Consors
Institutional Investor ranked Oliver Le Grand, CEO of Cortal Consors, number 13 of 50 in its Tech 50 ranking of financial tech leaders and innovators. Link

Credit Karma
Credit Karma's new feature, Credit Alerts is available for free to the first 200 people to click the link. Link

Credit Sesame
The Hands On Home Buyer blog recommended Credit Sesame for its interactive property taxes tool. Link

Currensee
The Business Insider reported that Currensee plans to launch its Trade Leaders program in China. Link

Dwolla
  • The E-News publication, Business Record, commented on Dwolla's positive impact on Iowa's startup culture. Link
  • Financial Plus Credit Union adopted Dwolla's FiSync integration. Link
Dynamics
Dynamics revealed its angel investors in Series A and Series B funding rounds. Link

Guardian Analytics
  • American Banker reported that Guardian Analytics is planning to launch an outsourced fraud prevention service that will help financial institutions meet new FFIEC guidelines. Link
  • Guardian Analytics introduced its FraudDESK service to provide fraud analytics support to financial institutions. Link
  • Guardian Analytics is hosting a free webinar on Tuesday that will explore FFIEC guidance. Link
iPay Technologies
iPay Technologies helped Generations Community Federal Credit Union increase bill pay adoption and its number of transactions. Link

Lending Club
  • San Francisco ABC News Channel 7 explained the benefits of P2P loans from Lending Club. Link
  • Finextra news blog discussed Lending Club's success. Link
  • American Banker reported that, in June, Lending Club saw an increase of 7% in loans originated that totaled a record $20 million. Link

Lodo Software
The Silicon Prairie News reported that Lodo Software is seeking to raise $5 million in a round of Series D funding. Link

mFoundry
Columbia Credit Union announced that it deployed mFoundry's mBanking, a mobile banking platform. Link

Mitek
mitek.jpg
MSN Money reported that Mitek Systems began a NASDAQ market listing on July 14th, and is trading under the symbol MITK. Link

Monitise 
  • CNBC reported that Monitise's ReliaCard will be offered to U.S. Bank's Visa cardholders in some states. Link
  • Monitise, US Bank, and FIS announced that they are planning to offer a mobile app for Visa's ReliaCard users. Link
Prosper
  • San Francisco's ABC News Channel 7 explained the benefits of P2P loans from Prosper. Link
  • Finextra news blog discussed Prosper's success with its P2P lending service. Link

Q2ebanking
Q2ebanking's director of security solutions, Ward Howell, published an article detailing a Credit Union's perspective of the FFIEC guidelines in The Credit Union Times. Link

Receivables Exchange
Institutional Investor ranked Justin Brownhill and Nicolas Perkin, Co-Founders of The Receivables Exchange, as number 42 of 50 in its Tech 50 ranking of financial tech leaders and innovators. Link

Standard Chartered
Institutional Investor ranked Jan Verplancke, CIO of Standard Chartered, as number 37 of 50 in its Tech 50 ranking of financial tech leaders and innovators. Link

TILE Financial
TILE Financial.jpg
Daily Finance interviewed Amy Butte, CEO of TILE Financial. Link

TradeKing
TradeKing announced the public availability of its API. Link

Tyfone 
CoVantage Credit Union chose to implement Tyfone's mobile wallet solution. Link

Zopa 
  • Zopa founder Giles Andrews was interviewed on BBC's The Bottom Line. Link
  • Finextra news blog discussed Zopa's success as a P2P lending service. Link

AlumNewsIMG.jpg
Boku
Boku.jpg
CNNMoney examined Zong's competition with Boku. Link

BrightScope
  • The Forbes blog recommended BrightScope as a tool to check your financial advisor's history. Link
  • The Washington Examiner discussed how BrightScope helps consumers make informed decisions about their 401(k) plan. Link

Clairmail
Clairmail increased its security by using authentication from the RSA Secured Partner Program. Link

Credit Karma
The Forbes blog recommended Credit Karma as a tool to track and monitor your credit score. Link

Credit Sesame
Credit Sesame.jpg
The Forbes blog recommended Credit Sesame as a tool to track and monitor your credit score. Link

Dwolla
Dwolla updated its iPhone app to allow customers to send money via email. Link

Dynamics
American Banker discussed Dynamics' adaptability to the mobile payment world. Link

Enloop
Small Biz Technology outlined three of Enloop's features. Link

eToro
AlphaTrade Finance discussed eToro's CopyTrader network. Link

Expensify
Expensify's app was listed as Gearburn's App of the WeekLink

Finsphere
finsphere.jpg
GeekWire reviewed Finsphere's new round of $1.75 million funding. Link

Geezeo
American Banker reported that Geezeo's partnership with Sharetec Systems will help Geezeo reach more credit unions. Link

Guardian Analytics
The Street reported that Guardian Analytics' Anomaly Detection & Fraud Monitoring will help financial institutions meet updated FFIEC guidelines. Link

Kony Solutions
Kony Solutions announced a partnership with Donriver for the delivery of multi-channel mobile apps. Link

Mint.com
The Quickbooks blog examined Mint.com's PFM tool. Link

Monitise Americas
monitise.jpg
Monitise developed two banking apps designed for the iPad for NatWest and RBS. Link

PayNearMe
The Paypers interviewed Avangate and PayNearMe regarding their partnership and various future endeavors. Link

PayPal
TechCrunch speculated that eBay's acquisition of Zong  will advance PayPal's mobile payments. Link

ProfitStars
Credit Union Times discussed ProfitStars' partnership with Corporate One Credit Union. Link

Prosper
The Social Lending Network reviewed Prosper's new Quick Invest feature. Link

Q2ebanking
q2ebanking.jpg
Q2ebanking commented on the security implications of the new FFIEC guidelines. Link

RobotDough
The Motley Fool highlighted RobotDough as a powerful new tool for individual investors. Link

SilverTail Systems
  • Credit Union Times reported that SilverTail Systems' capabilities enable financial institutions to comply with FFIEC guidelines. Link
  • Homeland Security Television profiled SilverTail Systems. Link

ThreatMetrix
ThreatMetrix enhanced its security in anticipation of FFIEC guidelines. Link

TradeKing
Stockbrokers4u.com analyzed TradeKing's services. Link

Xero
Xero hired a CFO onto to its team. Link
yodlee.jpg

Yodlee
  • Yodlee released its new MoneyCenter app. Link
  • Quickbooks' blog examined Yodlee's PFM tool. Link
  • TechCrunch reported that Yodlee reached 30M users. Link

Thumbnail image for AlumNewsIMG.jpg
AcceptEmail
AcceptEmail partnered with WorldPay to launch an e-billing and online payment service. Link

Balance
GeekWire interviewed Balance Financial CEO, Devin Miller. Link

BancVue
BancVue executives won Ernst & Young Entrepreneur of the Year. Link

BankOns
Examiner.com referred to BankOns as the new GroupOn. Link
billshrinkLOGO.jpg

BillShrink
BillShrink was featured in The New York Times. Link

BrightScope
Forbes reported on BrightScope's list of exchange-traded funds held in America's 401k plans. Link

CheckFree
CheckFree expanded its functionality to support account-to-account and peer-to-peer transfers. Link

Clairmail
ClairMail.jpg
Clairmail joined the RSA Secured Partner Program to provide secure access to mobile banking. Link

doxo
  • doxo CEO explained paperless billing in a video interview, highlighting the mobile app. Link

  • doxo was featured on the Top Productivity Apps website. Link

  • Northwest Innovation reviewed doxo's mobile app. Link
Dwolla
TechCrunch reported that Dwolla hit a milestone of $1M in transactions per week. Link

Enloop
  • Business News Daily interviewed Enloop CEO, Cynthia McCahon, about creating a "living business plan". Link

  • Huffington Post spotlighted Enloop. Link
eRollover
eRollover launched an online solution for financial advisors to grow practices. Link

eWiseThumbnail image for eWise.jpg
eWise announced its partnership with Affirmative Technologies to speed the adoption of alternative payment methods. Link

Kiboo
Kiboo launched a public site called "Know Your Money".  Link

Lending Club
  • Lending Club posted a video of their five-word acceptance speech at the Webby Awards. Link

  • The Wall Street Journal noted Lending Club as leading the way in P2P lending. Link
mFoundry
  • mFoundry helped Starbucks build an app for Android. Link

  • mFoundry passed the 400 customer milestone. Link
Mitek
Mitek's mobile check deposit was cited as the number one feature that would cause you to switch banks. Link

Monitise
  • ComputerWeekly discussed the survey Monitise conducted on mobile banking. Link

  • Forbes discussed Monitises' deal with Visa. Link
peerTransfer
  • peerTransfer is hosting a free webinar on international student payment processing this Wednesday, June 22. Link

  • peerTransfer won the Innovation Award from Massachusetts Innovation & Technology Exchange. Link
ProsperThumbnail image for Prosper.jpg
  • Prosper announced that it is giving away an iPad2 to new investors. Link

  • The Wall Street Journal noted Prosper as leading the way in P2P lending. Link
SafetyPay
SafetyPay was selected by BorderJump as its preferred payment solution for cross border transactions. Link

SmartyPig
Fox Business News suggested using SmartyPig.com as a tool to help "pump up" savings. Link

Tagit 
Tagit helped Commonwealth Bank launch its first mobile app. Link

ThreatMetrix
  • ThreatMetrix announced its cloud-based fraud prevention platform. Link

  • ThreatMetrix launched "ThreatMetrix Fraud Facts," a free downloadable report. Link
Tyfone
  • Tyfone was awarded an NFC over-the-air and over-the-wire seminal patent. Link

  • American Banker reviewed Tyfone's mobile payment patent. Link

  • NFC Rumors looked at how Tyfone uses SD cards to enable NFC transactions. Link

Finovate_Alumni_news.jpg
Betterment
Medill Reports discussed the benefits of Betterment and Currensee, claiming that the social networking craze changes the way some people invest. Link

BrightScope
BrightScope announced the top 10 treasury inflation protected securities funds in America's 401ks. Link

ChargeSmart
ChargeSmart.jpg
Fox News' Studio 10 reviewed ChargeSmart, PlasticJungle, and Bills.com and found a number of money saving tools and ideas. Link

Check Point Software Technologies
Check Point Software Technologies won The Ten Best Web Support Sites of 2011 Award from The Association of Support Professionals for its exceptional web support design, implementation, and customer experience. Link

ClairMail
ClairMail announced record customer expansion with a 300% year-over-year growth in users. Link

Corduro
Corduro.jpg
The New York Times reported that Corduro's cloud platform challenges PayPal and Square's mobile payment services. Link

Credit Sesame
The Wisdom Journal depicted Credit Sesame's services as more than just credit scores. Link

Currensee
See Betterment above.

doxo
  • doxo explained how to use its online filing cabinet and "due date" alerts to help organize GroupOn, Living Social, and other daily deals. Link
  • TheFinancialBrand.com discussed Oregon Federal Credit Union's use of doxo and discussed other usage ideas such as uploading a scan of your passport prior to travelling. Link
Dwolla 
  • Credit Union Times listed Dwolla as a contender in the P2P payment space. Link
  • Dwolla rallied community efforts to gather donations for the tornado-stricken town of Joplin by selling its t-shirts and accepting donations. Link
  • Omaha World-Herald covered Dwolla's arrival into Nebraska. Link
Enloop
Enloop.jpg
  • About.com highlighted Enloop's business plan creation service. Link
  • Forbes blog discussed "How Not to Fail" by using Enloop to assess the potential success of a business plan. Link
Geezeo
Call Federal Credit Union, based in Richmond, VA, selected Geezeo for its PFM solution. Link

Guardian Analytics
Guardian Analytics positioned by Gartner in the "Visionary" quadrant for web fraud detection. Link

HelloWallet
HelloWallet.jpg
San Francisco Mayor Gavin Newsom urged residents to improve their money management by using HelloWallet. For every five subscriptions purchased, HelloWallet will give away one subscription to a family in need. Link

Hidden Levers
Financial Advisor Blog discussed using Hidden Levers to build better portfolios, highlighting risk management and accuracy of the service. Link

Lending Club
  • Lending Club exceeded a quarter million dollars in cumulative loans and is offering cash bonuses. Link
  • Wall Street Journal blog discussed growth of P2P Lending sites Prosper and Lending Club. Link
Lendio
Lendio.jpg
Lendio raised $2 million in debt financing. Link

PayNearMe
PayNearMe founder Danny Shader, in an interview with Vator News, revealed the service is used beyond the unbanked population, including teens who prefer to pay with cash and consumers who would like to keep their online transactions private. Link

Prosper
See Lending Club above.

RobotDough
RobotDough.jpg
Dow Jones Financial reports that a UCLA professor backed RobotDough. Link

SecondMarket
The Washington Business Journal discussed SecondMarket's recent popularity. Link

Sybase
Sybase.jpg
Sybase launched the M-Commerce Guide, a publication for examining global market opportunities for mobile network operators, advisors, and FIs. Link

TradeKing
TradeKing CIO Dan Raju discussed security issues that may arise with the NYSE cloud community, citing its security. Link

Tyfone
Tyfone contracted with Star One Credit Union to use its NFC technology. Link

UBank
UBank.jpg
CEO of UBank examined security concerns and competitors during an interview with ZDNet. Link

Finovate_Alumni_news.jpg
Bill.com
Practical Ecommerce listed Bill.com as 1 of 19 tools for online bookkeeping and invoicing Link

BrightScope
BrightScope announced the top 10 commodities funds held in America's 401k plans Link

Frazier & Deeter, FD Alliance, BrightScope and SignatureFD conducted a national webinar on BrightScope's tool that rates employee benefit plans. Link 

ClairMail
ClairMail.jpg
ClairMail reported record growth with a record number of customer acquisitions and a 300% increase in user growth Link  

eRollover
eRollover announced its Facebook Early Retirement Vacation Sweepstakes Link

Finantix
Wealth Management 360 highlighted Finantix's Finovate Europe demo Link

Intuit
Intuit reported an increase of internet banking users by 9% and bill pay users by 23% Link

iPay Technologies
iPayTechnologies.jpg
iPay Technologies reached 1 Million users of its P2P electronic payment service, with almost 8 million payments processed to date Link

Kapitall
Kapitall implemented an alert system for current news on stocks and funds. These new alerts will keep users informed and will link directly to Kapitall's analytical tools for a quick understanding of changes. Link

Kashoo
kashoo.jpg
Practical Ecommerce listed Kashoo as 1 of 19 tools for online bookkeeping and invoicing  Link

Kashoo was selected by IDC as one of Canada's Top 10 cloud companies to watch Link

On Deck Capital
Tech Crunch reported On Deck Capital's announcement of the On Deck Score, a credit score for small businesses. This program seeks to fix the problem of businesses borrowing money as consumers http://tcrn.ch/kNjGX6 Link

Outright.com
Practical Ecommerce listed Outright.com as 1 of 19 tools for online bookkeeping and invoicing Link

SecondMarket 
SecondMarket experienced $115M in private stock sales during Q1 Link

TradeKing
TradeKing ranked number four in customer service for the second consecutive year in the Annual Broker Survey by Wall Street Journal's magazine, SmartMoney Link 

Wonga
wonga.jpg
Wired UK mag covered Wonga's disruptive process of making borrowing money completely automatic. Are they transforming personal finance? Link

Wonga should have won of Startup 100 Awards, not Spotify Link
PopMoney (from CashEdge) wins award for excellence in Web design from the Interactive Media Council. http://bit.ly/finovate11301

Speculation from MarketWatch: Could ClairMail be headed for an IPO? http://bit.ly/finovate11306

ClairMail and Cardlytics partner to provide transaction marketing opportunities. http://bit.ly/finovate1281 

Expensify continues to grow its currency support base -- Expensify is now supporting 159 currencies. http://bit.ly/finovate1232

Robert Scoble uses Expensify for expense reports. http://scoble.it/finovate11305

FIS launches innovative new mobile banking product. -- Users can establish mobile account management with their debit card, no online banking signup needed. http://bit.ly/finovate1291

GoalMine hosting cash contest via Facebook to spread the word. http://bit.ly/finovate1292

This week's Jem 5 at Jemstep explores diversified fixed income funds. http://bit.ly/finovate1294

Generations FCU goes live with Jwaala's "Better Online Banking." http://bit.ly/finovate1237

Just for fun: Kasasa releases banks' playlists. See this week's from Jeff Davis Bank. http://bit.ly/finovate1236

Lending Club enjoyed a flurry of news coverage. Read the summaries  here: http://bit.ly/finovate1224 

Lending Club mentioned in PBS nightly business report. http://to.pbs.org/finovate1297

Mint.com now available in Canada. http://tcrn.ch/finovate1234

Congratulations to Mint founder, Aaron Patzer; winner of a TechFellow Award for General Management. http://tcrn.ch/finovate1296

Monitise to bring mobile payments to Nigeria. http://bit.ly/finovate1231

Mozo powering new "Compare, Ditch and Switch" campaign to allow Australians to shop around for better banking services.  http://bit.ly/finovate1283

Just in time for the Holidays, PopMoney gift cards at www.giftcardmall.com

The new SmartyPig rewards MasterCard provides up to 10% cash back at select retailers. http://bit.ly/finovate11303

Tyfone receives additional patent for electronic wallet technology. http://bit.ly/finovate11304

Wikinvest is even more mobile with Blackberry and Android Apps. http://bit.ly/finovate1235

Y Combinator and Yodlee cooperate to provide financial data services to startups. 
FinovateFall_wdate_web.gif

We're pleased to announce that the demo videos from FinovateFall 2010 are now available for free download (or immediate consumption) from the Finovate archives.

This fall's NYC conference showcased 56 handpicked companies doing 7-minute demonstrations (no slides allowed) of their latest technology innovations to a sold-out audience of 650 financial & banking executives, venture capitalists, press, analysts and entrepreneurs.

Check out these cutting-edge ideas in financial, banking, payments, mobile, lending, investing and security technologies today for inspiration and your next edge on the competition! 

(P.S. If you're interested in joining us at the next Finovate event, tickets are now on sale for FinovateEurope (Feb, 1, 2011 in London). It is going to be an amazing showcase of European and global fintech innovation!)

ericphoto.jpg

Eric Mattson is CEO of Online Financial Innovations, the parent company of NetBanker, Online Banking Report and the Finovate Conference Series. He can be reached at eric@netbanker.com.

Weekly Updates -- Week of 10/3/10

Here are the news updates for the past week. To view our updates in real-time, follow us on Twitter here.

Andera closes a $9 million funding round led by Edison Ventures. The company plans additional hiring soon. http://bit.ly/finovate9282
 
Bling Nation now available throughout the Stanford University campus. Students and visitors can now buy lunch, coffee or books with their mobile phones. http://bit.ly/finovate9274
 
Palo Alto, CA, is ready for Bling Nation mobile payments. http://yhoo.it/finovate9283

Blippy reports users sharing $500K in purchases a day. http://j.mp/finovate1061

CashEdge partners with Bundle.com on the "My Money" application.  http://bit.ly/finovate1017

Centrro is changing focus, no longer providing credit scores. It will instead focus on helping users understand and improve their credit. http://j.mp/finovate1065

ClairMail raises $13.8 million for mobile banking technology. http://tcrn.ch/finovate1056


Jemstep prepares to add Exchange Traded Funds (ETFs) and stocks to the mix. See how far they've come since launching in private beta. http://bit.ly/finovate1015

Jwaala and Cardlytics partner to provide reward programs. http://bit.ly/finovate9291

DownloadSquad.com reviews Kapitall. "Massive, beautiful stock market playground." http://bit.ly/finovate1011

Kapitall's iPad app is now available in the iTunes App Store. http://j.mp/finovate1063 (See the Wired Magazine review.) http://j.mp/finovate1064

Federal Credit Union (NJ) is now offering Kasasa Tunes, which pays rewards on free checking in iTunes credits. http://bit.ly/finovate9272

Lending Club adds managing director, Joseph Toms. Toms was a former managing principal of Hilspen Capital Management. http://bit.ly/finvoate9281

Lending Club issued $12M http://www.moneta.com in loans in Sept. 2010. The company has paid out a total of $12 million in interest to investors. http://bit.ly/finovate1058

Mint.com is hosting a contest to spread the news about Mint and win an iPad. http://bit.ly/finovate9294

Moneta has announced a name change. The company will now be known as Rialto Commerce. http://bit.ly/finovate9292

US Bank and Monitise introduce free mobile banking service for prepaid card holders. http://bit.ly/finovate1053

Prosper reaches 1 million members. A grand total of $206 million in loans has been funded on its peer-to-peer platform. http://bit.ly/finovate1057

SafetyPay launches further into Latin America with Braspag partnership in Brazil. http://j.mp/finovate10610

Second Market is hiring. Check current opportunities online. http://bit.ly/finovate9293

Sybase 365 adds Western Union certification. Western Union services will now be included in the mobile wallet systems provided by the company. Western Union has 380,000 agent locations in 200 countries. http://j.mp/finovate1091

The Wall Street Journal named The Receivables Exchange one of the most innovative technology companies in the world. Receivables Exchange was the single winner in the e-commerce category and one of only 17 winners overall. http://bit.ly/finovate9271

ThreatMetrix closes on $12.1 million funding round. So far, the company has raised $18 million to help detect online fraud in social media and gaming platforms.  http://tcrn.ch/finovate1051

Wesabe founder Marc Hedlund tells TechCrunch what went wrong. http://tcrn.ch/finovate1014

Chaikian Stock Research selects WorkLight mobile to develop next-generation financial applications. http://bit.ly/finovate1012

Alumni News -- Week of August 30, 2010

Here are the news updates for the week of August 30, 2010. To view in real-time, follow us here.

BancVue is acquiring a large credit card portfolio from the FDIC. http://bit.ly/finovate933

BancVue was #117 on the Inc. Magazine list of 500 fastest-growing private companies. See the report here: http://bit.ly/finovate8312

Betterment speeds deposit and withdrawal times. Transfers between Betterment and bank accounts are now accomplished within the standard ACH window (2-3 days). http://bit.ly/finovate923  

Bank of the West Selects ClairMail as mobile banking partner. Bank of the West has assets of $61 million and is the California-based subsidiary of BNP Paribas.  http://bit.ly/finovate8301

Former SEC commissioner Roel Campos joins Gratio Capital as an advisor. Gratio Capital launched its service GoalMine service at FinovateSpring 2010. http://bit.ly/finovate921

Kasasa joins with celebrities such as Zach Efron and Dakota Fanning for "Stand Up To Cancer." Watch for the TV ads and telethon featuring Kasasa Giving. http://bit.ly/finovate8315

Kashoo is hiring! See tips on how to get hired and what to expect (including work from home flexibility) here: http://bit.ly/finovate924

SafetyPay releases white paper entitled "Banking on Online Banking." The report highlights the importance of monetizing online banking. http://bit.ly/finovate8314

SapientNitro and Geezeo argue the merits of "engagement banking" in a unique interactive report authored by Bank2.0 author Brett King. http://bit.ly/finovate932

SecondMarket honored as a "technology pioneer" by the World Economic Forum. http://bit.ly/finovate922

SecondMarket was #270 on Inc. Magazine's list of 500 fastest-growing private companies. http://bit.ly/finovate8313 

WorkLight announces support for Blackberry. Version 3.3.1 is available as a free download from the WorkLight developer zone. http://bit.ly/finovate08311

ZimpleMoney releases white paper "Lending With A Purpose." http://bit.ly/finovate931
Here are the news updates for the week of August 16, 2010. To view in real-time, follow us here

Acculynk partners with NetWorks to provide pin debit solutions. NetWorks is a nonprofit processing organization which serves credit unions in ten states, processing 13 million transactions a month. http://bit.ly/finovate8171

BlingNation founder Meyer Malka interviewed by The Paypers. The story focuses on new innovation in mobile payments. http://bit.ly/finovate8192 

ClairMail unveils new tools for international currency conversion. The tools include multi-currency management, international bank/ATM locators, and multi-language capability. http://bit.ly/finovate8191

Warren Buffett buys 4.4 million shares of Fiserv. The $220 million investment boosts confidence in the fintech sector. http://bit.ly/finovate8193  

Finovate alum Kabbage selected as Microsoft BizSpark partner of the day. http://bit.ly/finovate8182

Want to see Lending Club, BillShrink and more at SXSW 2011? See Lending Club's post and vote for the panels you would like to see. http://bit.ly/finovate8161  

Prosper releases 12-month P2P lending statistics. Prosper considers itself the world's largest peer-to-peer lender with 34,000 loans totaling $202 million. http://bit.ly/finovate8181
FinovateFall_wdate_web.gif

We're very excited to reveal the 56 cutting-edge companies that have been selected to demo their latest technology innovations on October 4 and 5 in New York City at FinovateFall.

Over the show's two days, attendees will get to watch the future of fintech and banktech unfold on stage via fast-paced demos (28 each day) from these innovators. And then have a chance to interact with top executives from each of the demo companies during intimate networking sessions.

Without further delay, here's the list of companies we're excited to showcase:


If you're interested in attending the conference, registering now will save you $100 on your ticket via the early-bird discount and reserve your spot (space is limited and we're expecting to sell out). We'll see you in New York!


ericphoto.jpg

Eric Mattson is CEO of Online Financial Innovations, the parent company of NetBanker, Online Banking Report and the Finovate Conference Series. He can be reached at eric@netbanker.com.

Alumni News – Week of April 19

Here are the news headlines we posted this week on Twitter (follow it here).

Bling Nation provides mobile payments to Community State Bank - Community State Bank in Lamar, CO, is offering the Bling Nation mobile payments service. The bank's program includes more than 40 merchants accepting Bling Tag payments. http://bit.ly/bzAIDn

Dow Jones and IAC shut down FiLife - Dow Jones and IAC closed their financial information site FiLife.com. The site allowed visitors to discuss financial issues and concerns. The FiLife iPhone app is no longer available in the iTunes app store. http://bit.ly/cSjsPk

Geezeo partners with Unitus Community Credit Union - Geezeo has entered a partnership with Unitus Community Credit Union. Geezeo will provide financial tools to the credit union's members, including its PFM, community, and integrated marketing platforms. http://bit.ly/9FeyaJ

Mint switches to Intuit for data aggregation - Mint is now using aggregation software from its parent company Intuit. The PFM can now pull data from 16,000 financial institutions. Previously, Mint partnered with Yodlee for back-end account aggregation. http://bit.ly/9BTJwV

Mortgagebot reports increase in loan applications - Mortgagebot's online mortgage shopping service, Mortgage Marvel, reported an increase of consumer visits of 140% from 2008 to 2009, resulting in a 66% increase in overall loan applications taken by participating lenders. http://bit.ly/b4DP7S

Online Resources names interim CEO - Online Resources has named John Dorman as interim chief executive officer, replacing former interim CEO Raymond T. Crosier who resigned from the company. Dorman will also continue to serve as co-chairman of the company's board. Online Resources continues to search for a permanent CEO. http://bit.ly/cpiLJZ

Prosper Raises $14.7 Million - Prosper has raised $14.7 million in a Series D round. The funding came from Prosper's previous investors as well as two new ones, TomorrowVentures and CompuCredit Holdings. Prosper has raised a total of $57.7 million to date. TomorrowVentures is the investment vehicle for Google CEO Eric Schmidt. http://tcrn.ch/bXjOGp

SmartyPig raises its interest rates -SmartyPig announced plans to raise the interest on certain accounts. Beginning May 19, APY will be increased to 2.15% for accounts with balances of less $50,000. http://bit.ly/dpCq5g

ThreatMetrix provides fraud detection to BigCrumbs.com - ThreatMetrix is providing fraud-detection services to BigCrumbs.com, a company that provides consumers loyalty rewards for shopping online. ThreatMetrix will help identify purchases made with stolen or suspect credit cards. http://bit.ly/aaZZBn

Vidoop's assets used to launch Confident Technologies - Security software company Vidoop, whose assets were acquired in January, is being relaunched as Confident Technologies. The company uses image-recognition technology to allow graphics to be used for password authentication. http://bit.ly/9xWOz3

WorkLight's new development platform - Worklight launched the Worklight Solution for E-Commerce, a development system for cross-platform applications. The solution allows companies to design applications for mobile devices, desktops, social networks and personalized homepages as part of a single development project. http://bit.ly/9Qesn3

Fiserv, Jack Henry, FIS and ClairMail Provide 86% of Mobile Banking to Community Banks - Banc Investment Group conducted a survey of 687 community bankers. Of the institutions already offering mobile services, 36% use a technology platform from Fiserv, 24% from Jack Henry, 16% from FIS/Metavante and 10% from Clairmail. http://bit.ly/aZTAut

And news from our newest soon-to-be alumni presenting at FinovateSpring 2010:

Continuity Control launches ComplianceTax.com - Continuity Control launched ComplianceTax.com, a website that helps educate banks and credit unions about the expenses involved in complying with government regulation. http://bit.ly/9CNOFk

TSYS processes payment cards for Japanese bank - TSYS was selected by SBI Sumishin Net Bank to process its payment card portfolio. TSYS will handle the issuance of retail membership cards, private-label credit cards, and association-branded cards. SBU Sumishin is a Japanese Internet-based bank with more than 750,000 accounts. http://bit.ly/8YrjcT

Visa to acquire CyberSource - Visa has agreed to acquire CyberSource for $26 per share, or about $2 billion. CyberSource provides electronic payment and security services. The deal is expected to close in Visa's fourth fiscal quarter. http://bit.ly/ams1Y9

Alumni News – Week of March 15

BancVue announces results for Kasasa - Since its launch in May 2009, Kasasa has produced 71% lift in new account acquisition at its member banks and credit unions, says parent company BancVue. Of these new accounts, 53% represented new customers to the financial institutions. http://bit.ly/9zbvae

CashEdge cuts fraud by $140 Million - CashEdge announced that it has prevented an estimated $140 million in client fraud losses in 2009 through its risk-management services. The dollar amount is derived from the total value of potentially fraudulent transactions detected and prevented by CashEdge's risk-monitoring services. http://bit.ly/aoyaaZ

ClairMail announces new Mobile Connectivity Architecture platform - ClairMail's new platform for financial institutions will allow institutions to offer mobile banking services including real-time transactions and account management. http://bit.ly/9SjpK7

Digital Insight changes name - Digital Insight has rebranded as Intuit Financial Services. The company was acquired by Intuit in 2007. http://bit.ly/9jM4QB

Expensify celebrates first anniversary - During Expensify's first year, it raised $1 million, came out of beta, launched in the Google Apps Marketplace, and integrated with Outright.com, Salesforce, and Intuit. http://bit.ly/asZr1z

Kapitall demos at Apple Store - Kapitall will preview the beta version of its online investing platform on March 24, in the San Francisco Apple Store. CEO Gaspard de Dreuzy will present the product. http://bit.ly/a4i4Oh

Kasasa adds SMW Federal Credit Union - SMW Federal Credit Union is the first financial institution in Minnesota to offer Kasasa brand checking accounts. SMWFCU offers three of Kasasa's four products - Kasasa Cash, Kasasa Tunes, and Kasasa Giving. http://bit.ly/bKvXFC

Lending Club reaches milestones - Lending Club issued its 10,000th loan, surpassing $95 million in loans issued. The company also exceeded $1 billion in loan applications. http://bit.ly/dmC9VK

Mint.com wins Web award at SXSW Conference 2010 - Mint won the "Classic" category at the SXSW Conference Web Awards. While the SXSW awards generally note the best new Internet destinations, the Classic Award honors sites that have been in operation for more than a year. http://bit.ly/dDyP5t

ThreatMetrix launches Fraud Network - ThreatMetrix launched Fraud Network, a suite of tools for e-commerce, financial services, and information-technology companies. Fraud Network provides tools for verifying new accounts, authorizing payments and transactions, and authorizing user logins. http://bit.ly/b26pLo

ThreatMetrix partners with Verifi - ThreatMetrix is partnering with Verifi to deliver its fraud detection and risk-assessment tools to merchants through Verifi's payment risk-management system. Verifi provides global electronic payment solutions for card-not-present retailers. http://bit.ly/bGcqW3

TradeKing earns 4-star rating from Barron's - Online broker TradeKing was awarded a four-star rating in Barron's 15th annual Best Online Brokers survey. TradeKing ranked sixth overall out of 22 firms evaluated. This is the fourth consecutive year that TradeKing has received four stars (out of a possible five) from the survey. http://bit.ly/9Zz1cF

TradeKing launches trading-info site - TradeKing launched OptionsPlaybook.com, a free online resource for beginning and advanced options traders. The site includes jargon definitions, a brief history of the options market, and more than 40 options strategies. http://bit.ly/9Gxda7

Tyfone partners with First Data - Tyfone is partnering with First Data to provide SideTap micro secure digital (MicroSD) memory cards. The cards can contain financial information and secure identification from multiple sources such as retailers and financial institutions, creating a virtual wallet. http://bit.ly/byoHJH

Yodlee to host webinar - Yodlee is hosting a free webinar on conversion strategies for bill payment systems on March 23. The webinar will focus on changing bill payment systems without disrupting users. http://bit.ly/aslHQG

ZimpleMoney offers Starbucks card - ZimpleMoney sent a promotional message to its members, offering a $25 Starbucks card if a loan is initiated. The loan must be accepted by March 31 to qualify. www.zimplemoney.com

Alumni News – Week of Feb. 15, 2010

Here are the news headlines we posted recently on our Finovate Twitter feed (follow it here).

ClairMail Joins Jack Henry Program -- Mobile banking and payment services company ClairMail has joined the Jack Henry Vendor Integration Program. Joining the program extends ClairMail's mobile banking reach by integrating its mobile platform with Jack Henry's core processing system. http://bit.ly/aIkEoK

FiLife On Most Innovate Companies List -- Personal finance networking company FiLife has made this year's 50 Most Innovate Companies list, published by Fast Company magazine. FiLife was #27 on the list and #1 in the finance category. Other notable finance companies listed include Intuit, Yodlee, Simplifi, and Credit.com. http://bit.ly/9JMtCR

Guardian Analytics Releases New Online Security Tool -- Security software company Guardian Analytics announced on February 18 that it has released FraudMAP for Business Banking. The new software assists the detection and investigation of security problems in the multi-user business-banking environment. http://bit.ly/9tGVuk

HomeATM Promotes New Portable Card Reader -- HomeATM, a provider of mobile hardware for electronic payments, has developed a new portable card reader called CircleSwipe. The device, targeted to merchants, can be inserted into the audio jack of mobile phones. Home ATM expects to ship 30 beta units of the product in March. http://bit.ly/bjbIh3

Lending Club to Unveil New Look -- Lending Club announced a redesign of its website to make it more engaging and easier to use. The company is also revamping its logo and other aspects of its visual identity. In a move to promote its new looks, Lending Club sent an email to existing members offering a $150 bonus for loan applications submitted before the end of February. http://bit.ly/aDgvvy

Mint.Com Web Traffic Reaches Record Mark -- In January 2010, the Mint.com website reached 1.7 million unique visitors, a record high for the company and 600,000 more than a year earlier. This gives the online PFM about as much traffic as BB&T, the tenth largest retail bank in the United States. http://bit.ly/9cVjsj

TradeKing Reaches Account Milestone - On February 18, online brokerage TradeKing announced that it has crossed the 200,000-account threshold. TradeKing has seen account openings increase more than 50% since December 2008. http://bit.ly/bNYvlP

WorkLight Announces Development Platform for Android -- WorkLight has announced the release of The WorkLight Solution for Android, a new platform supporting the development of mobile apps for the Android phone. The platform provides built-in security features, development tools, and easy publication to the Android Market. http://bit.ly/9mpuT8

In other news, the company was named as a finalist for Red Herring's Global 100 award, which lists the year's most promising technology ventures. Red Herring selected the potential winners from out of 1,200 companies. http://bit.ly/5w9jKZ

Watch Demos

Click above for video archives of all demos.

 

Twitter


See all Finovate tweets