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 Forbes.com takes a look at the competition between Square and Flint Mobile.
- Compass Plus presents instant card issuance in debut appearance at CARTES America conference.
- SAGE SA names Amir Suleman as Head of Sales for Middle East.
- Striata receives PCI compliance for its Grade 1 infrastructure in the UK.
- New Europe Online interviews eToro's Head of Product Marketing, Alon Levitan, about how eToro is changing online trading.
- PEHub interviews Drew Sievers, who led mFoundry to an acquisition by FIS.
- Fraternity and Sorority Political Action Committee leverages Billhighway Give to Reach Fundraising Goals.
- Perfectsen selected as a semi-finalist for the Innotribe Startup Challenge 2013.
- OneID wins 2013 North America Frost & Sullivan Award for New Product Innovation. Come see their presentation at FinovateSpring next week.
- Locaid earns extended relationship with LaaS company Timesheet Mobile. See Locaid demo at FinovateSpring in San Francisco.
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.
 VantageScore 3.0 now available from Experian.
- WattzOn featured in RealtorMag column on energy savings for homeowners.
- Communications Federal Credit Union to provide Tyfone mobile wallet services to its members.
- Service2Media's M2Active 4.0 selected by Achmea as the "technological cornerstone" for its App Factory.
- Bank Systems & Technology takes a look at what the acquisition of mFoundry means for FIS's future in mobile banking.
- Bloomberg's Tech Deals reviews Jemstep Portfolio Manager.
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.
- Temenos to partner with Caisse Financial Group, providing T24, Insight, Temenos Connect.
- ACI Worldwide completes Online Resources Corporation acquisition.
- Standard Chartered Bank moves Africa headquarters from Dubai to Johannesburg.
- TechCrunch reports: Intuit launching Intuit Pay mobile payments service in the UK.
- LearnVest aims to hit 100 planners by year-end.
- TechCrunch reports: PayPal Here takes on Square Register with new iPad payments app.
- SafetyPay and giropay join forces to secure internet payments in Germany.
- TIBCO enhances real time loyalty marketing platform.
- PrintWeek interviews GMC Software Technology COO Michael Watts.
- CSI Enterprises set to announce updates to its globalVCard pay systems solution at the Innovation Project 2013 in March.
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.
 It was a big day for Finovate alumni. ACI Worldwide and FIS, themselves both Finovate alums, rang the register on a couple of smaller fintech companies they hope will make them even bigger players in the online banking and payments world. Online Resources Bought by ACI Worldwide In an all-cash deal worth $260 million, the purchase of Online Resources will help ACI Worldwide bring broader online banking and full-service bill payment options to its network of financial institutions. The deal is also expected to increase the company's customer base, with 1,000 banks, billers and other FIs coming along with Online Resources into the ACI Worldwide fold. A look at the numbers: - Online Resources provides services to more than 1,000 FIs and billers
- It processes more than 240 million bill payment transactions each year
- It connects more than 9,000 billers
- The combined entity anticipates cost synergies (i.e., saving in operating expenses) of more than $19 million.
- Common shareholders will receive $3.85 per share, an 83% premium over yesterday's closing price
FIS Purchases mFoundry FIS's decision to buy the 78% of mFoundry that it did not already known is seen as an opportunity for the company to assert itself in the mobile arena, while expanding its customer base in the process. FIS already has a sizable footprint when it comes to banking and payments technology. And in bringing mFoundry fully on board, the company has helped fuel optimism about the prospects for greater innovation and "convergence" among the various players within the industry. More on the deal: - mFoundry serves more than 800 banks and credit unions across the country
- The acquisition will cost FIS $120 million (valuing mFoundry at about $160 million)
- The deal is expected to close by the end of March
- Founded in 2004, mFoundry's clients include Bank of America, Zions Bank, and more than a third of the top-50 financial institutions in the U.S.
- FIS serves more than 14,000 FIs in more than 100 countries
mFoundry and Online Resources both participated in our very first Finovate back in 2007. mFoundry was also on stage more recently at FinovateFall 2010.
- TechCrunch reports Braintree's New Payments Layer Lets Users Sign Up For Apps Without Re-Entering Their Credit Card Data.
- Mitek and Allied Payment Network Expand Availability of Mobile Photo Bill Pay.
- Backbase and iQStore sign partnership agreement for Russian market.
- Xero integrates with Harvest, a time tracking and invoicing software company.
- CNBC's Squawk on the Street features BOKU.
- HID Global partners with BehavioSec to improve fraud detection system.
- Facebook integration, customer management features added to Flint mobile app.
- ACI Worldwide to buy Online Resources for more than $120 million.
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.
 Last week, I attended BAI Retail Delivery in Washington D.C. where over 200 exhibitors lined the trade show floor of the Walter E. Washington Convention Center. There were 31 Finovate alums on the expo floor, and even more in attendance. My schedule was packed, but I was able to catch up with a handful of Finovate alums. Here's what I learned.  The card-linked offers company is in the middle of a successful mobile deployment effort with BofA, PNC, Regions, and a few other unnamed FIs. After launching their respective rewards programs on mobile, the FIs have seen an increase in user engagement and an increase in the number of online banking visits per user. It is also working on International expansion. So far the top 3 European card issuers have signed.  BofA's BankAmeriDeals on tablet interface
 BofA's BankAmeriDeals on iPhone mobile app
 The consumer credit reporting agency recently launched its Insight Score for Retail Banking, a solution that will help FIs generate a risk score for underbanked individuals with no credit data or history. It does this by using non-FI-related payment data from companies like Telco and other TV and cable providers.
 The fintech provider showed me its SpotPay payment dongle and back-end solution. It appears to be Fiserv's response to Square that it will co-brand with FIs. Fiserv is able to on-board FIs with SpotPay in a couple of days, so it is a quick way for FIs to get into the payments game.
While there is an $8.95 per month fee, it is competitively priced, charging only a 1.99% fee on a swipe, and a 3.19% fee on card-not-present transactions.  Fiserv's SpotPay dongle being used on an iPhone
 Because volume and sophistication of fraud has grown, Guardian Analytics started bank-sourcing (think crowdsourcing) fraud by bringing multiple institutions together to collaborate on the types of fraud they're seeing so the whole industry will be better at fighting it. Tiffany Riley, Guardian Analytics' VP of marketing tells me they've received positive feedback so far.
 Mobile banking solutions company, mFoundry launched its Fin.X platform. This platform can be thought of as a type of app store for FIs to select which products/services they want to include in their mobile app.
to white-label their solutions within the Fin.X platform.
An example of what the Fin.X app platform could look like on a tablet 
The PFM won CUNA Tech Council's Best of Show Award at BAI. This counts as its 5th Best of Show award. MoneyDesktop team with BAI President & CEO, Deborah Bianucci
 After the mobile money solutions company acquired Clairmail 3 months ago, Monitise now has 17 million active users. It is in trials of an NFC solution with a few banks. The solution uses a sticker as opposed to a chip inside of the actual device.
 The electronic banking solutions provider launched Q2clarity, a tablet-optimized dashboard that provides customizable analytics and visibility to how customers are using an FI's mobile and online platform. Providing these metrics to a branch manager, gives them the ability to make more informed decisions about which products and services to offer. These eight companies are just a fraction of what I saw at BAI this year. For more information on who attended the trade show, visit here.
 CU Insight reports CU Solutions Group partners with SaveUp.
- mFoundry announces cloud-based Fin.X solution.
- Taulia featured on Start-ups and Technology: Real Game-Changers presented by SAP.
- Kashoo CEO, Jim Secord, gives company update.
- AOL Daily Finance reports Dynamics and UMB increase experience provider rate to 0.5% for ePlate payment system.
- Business Insider goes behind the scenes of LearnVest's latest product launch.
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.
- Fenergo launches new online FATCA Self-Certification Tool for W-8 and W-9 form collection.
- ABABanking Journal profiles Guardian Analytics.
- Geezeo signs Commonwealth and General.
- Bank of China (Hong Kong) and Monitise form partnership.
- Visible Banking interviews Matthias Kroener, Fidor Founder and CEO.
- Social Lending Network reports: Lending Club cracks $70 mil, Prosper has a down month.
- North Bay Business Journal lists mFoundry and Monitise as fast growing tech companies in 2012.
- American Banker reports Pacific Continental switches to Q2ebanking as business app provider.
- Tykoon and LearnVest host contest to help families get money smart.
- Leadfusion extends aid to financial institutions struggling to respond to the latest serious Java security threat.
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.
- CU Journal reports Minnesota's Postal CU unveils mFoundry's M-Banking.
- Payments News reports Cardlytics' System Uses 'Big Data' to Deliver Targeted Rewards.
- TIO Networks launches TIO Connect to simplify onboarding for bill issuers and to open new markets.
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.
- Check out VC funding trends in financial services startups.
- Cartera Commerce raises $12.2 Million in growth equity.
- Braintree expands payments gateway to merchants in 30 countries.
- Lending Club receives $15 mil from Kleiner, Mary Meeker joins board.
- ThreatMetrix positioned as a "Visionary" in the Magic Quadrant for Web Fraud Detection.
- Clairmail awarded 2012 Best Mobile Application or Service.
- mFoundry launches mobile banking solution for Eli Lilly Federal Credit Union.
- City National Bank partners with Cachet Financial Solutions and Panini to deliver RDC to Mac users.
- Bill.com receivables wins ninth annual Tax and Accounting Technology Innovation Awards.
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.
- TIO Networks named one of Canada's leading tech companies, placed in Canada's Branham25. See TIO Networks new tech at FinovateSpring.
- SecureKey named one of the top 25 up and comers in the Branham300 list of top tech companies in Canada.
- Guardian Analytics launches fraud detection software for mobiles.
- The Brainyard reports Bazaarvoice adds SAP, Salesforce.com integration.
- Mortgagebot's online lending tech supports 25% increase in loan production for Bank of Colorado.
- DoughMain launches new savings tool for kids.
- KeyBank launches new mobile banking solution with mFoundry.
- SpendMatters covers Taulia. Come see Taulia's demo at FinovateSpring 2012.
- WSJ looks at US Bank's implementation of FreeMonee.
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.
- Dwolla redesigns dashboard page, reveals celebrity investor.
- Intuit opens driving range in downtown Seattle for 1 day to promote its GoPayment technology.
- mFoundry launches mobile banking solution for Conestoga Bank.
- Utilities Employees CU signs a contract with Jwaala to enhance its online services and offer mobile banking.
- eDeposit appoints Robert R. Craig as CEO. Come see its live demo at FinovateSpring May 8 and 9 in San Francisco.
- Former Morgan Stanley CEO, John Mack, joins Lending Club's board of directors.
- NY Times Bucks blog covers SimpleTuition's SmarterBank.
- Social Money announces partnership with ICICI Bank in India.
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.
Information services company Lead411 published its list of 80 Hottest San Francisco companies yesterday. The companies were selected from a list of 2600 fast growing, privately held companies in the San Francisco area. Three out of 80 companies listed are Finovate alumni:  To be selected, companies needed a 100% increase in revenues over the past two years or $5 million+ in funding in the past two years.
To wrap up 2011, we've compiled a list of all of the funding Finovate alumni received over the course of the year.
The results were impressive:
- A total of 34 companies received funding, some more than once
- The companies collectively raised over $423 million dollars
- The months with the highest number of companies receiving funding were June August, both with 8 companies
- The highest amount of funding came in the month of June, when the alumni brought in over $124.4 million
Here is a month-by-month breakdown of funding received:
January -- $40.8 million raised by 3 companies February -- $10.3+ million raised by 3 companies
March -- $20.4 million raised by 4 companies
June -- $124.4 million raised by 8 companies
July -- $1.1 million raised by 1 company
August -- $103.4 million raised by 8 companies
September -- $33 million raised by 1 company October-- $22 million raised by 2 companies November -- $16.3+ million raised by 3 companies December -- $52.2 million raised by 5 companies Note: Funding that companies received before they demonstrated at Finovate was not counted. If you see any funding that is not on this list, please send the name of the company along with a link to the funding information to julie@netbanker.com and I will add it.
 One week after mFoundry formed a partnership with MasterCard, they announced an $18 million investment from MasterCard, along with Intel, FIS, and Motorola Mobility:
"The capital will be used to fund the development of new payments-related mobile products and services targeted at financial institutions and mobile network operators. mFoundry will also use the proceeds to support the expansion of their existing and profitable mobile banking business."
mFoundry will continue to work closely with FIS on mobile banking opportunities, but will also work with MasterCard, Intel, and Motorola Mobility on payments innovations.
- P2P Lending News reports Prosper & Lending Club issued $37.4 mil in loans in November.
- Trade Streaming interviews Rob Foregger, co-founder of Personal Capital, on the future of online investing.
- mFoundry receives $18 mil in growth capital from MasterCard, Intel, FIS, and Motorola Mobility.
- Bank Systems & Technology looks at how USAA uses Yodlee to aggregate accounts and power its PFM.
- SavvyMoney (Formerly DebtGoal) launches new site, adds Jean Chatzky to team.
- Steve Shivers, doxo CEO, speaks up about the potential cuts to the US Postal Service.
- Credit Unions see positive results from Mortgagebot PowerSite technology.
- Q2ebanking ranks on The Austin American-Statesman's List of Top Workplaces.
- Zecco unveils its new Trading Center.
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.
- MasterCard and mFoundry executives discuss partnership.
- The Silicon Prairie names Dwolla number 1 startup in DesMoines, looks for a number 2 startup following the "Dwolla-trajectory."
- Simple is slowly sending out a few dozen invites at a time.
- Prosper announces its support of UK P2P Finance Association.
- The Social Lending Network shows off Lending Club's Trading Platform.
- Bloomberg Businessweek lists Expensify as an app that lets you work like an executive.
- peerTransfer partners with Nelnet Business Solutions, provider of campus commerce services.
- Boku, SecondMarket, & Lending Club listed in Forbes Top 20 Private Companies.
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.
Mobile banking solutions provider mFoundry announced a partnership with MasterCard yesterday. The new alliance will enable mFoundry to provide its network of over 500 financial institutions with MasterCard's NFC-based PayPass technology.  To learn more about mFoundry and MasterCard, watch mFoundry's FinovateFall 2010 demo and MasterCard's FinovateFall 2011 demo.
- Bank Technology News lists ActivePath, Cardlytics, and PayPal as 3 of the top 10 tech companies to watch.
- mFoundry powers First Hawaiian Bank's m-banking.
- The Houston Chronicle examines how Dwolla helps consumers give money to friends & family without exchanging cash.
- Mixergy interviews Matt Fellowes, CEO of HelloWallet, to discover how it went from 0 to 300K subscribers in 5 months.
- Plastyc receives over $1.2 mil in new funding from undisclosed investor.
- Acculynk forms International Internet PIN Acceptance Consortium with major e-commerce merchants.
- Taulia's billFLO to continue service beyond December 1 shutdown date.
- Continuity Control doubles 3rd quarter revenue, partners with BancVue.
- PeerTransfer partners with Tuition Management Systems.
- MasterCard invests in mFoundry to bring PayPass to mobile phones.
- Dwolla now free for transactions under $10.
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 week, Deloitte announced the North America 2011 Technology Fast 500 winners. The list encompasses* multiple industries and ranks companies based on their 4-year revenue growth percentage (2006 to 2010).
Here are the Finovate Alumni listed in order:
SecondMarket Rank: 84 Headquarters: New York, NY Founded: 2004
Rank: 105 Headquarters: Sausalito, CA Founded: 2004
 Rank: 425 Headquarters: Mountain View, CA Founded: 1998
--------------------------------------------------------------------------------------------------------------------------- *Methodology: In order to be eligible for Technology Fast 500 recognition, companies must own proprietary intellectual property or technology that is sold to customers in products that contribute to a majority of the company's operating revenues. Companies must have base-year (2006) operating revenues of at least $50,000 USD or CD, and current-year (2010) operating revenues of at least $5 million USD or CD. Additionally, companies must be in business for a minimum of five years, and be headquartered within North America.
 This morning at the BAI Retail Delivery conference, I met with Dan Schatt from PayPal to get the inside scoop on its financial innovations. Here's what I found out:
1) It is introducing P2P payment capability with financial institutions. It is now live with USAA and will soon be developed for BancVue's network of nearly 1300 community banks.
2) It has reached an agreement with mFoundry to bring mobile solutions that bring a native app experience to customers located all over the globe.
3) It has teamed with NCR and S1 to allow customers to send real-time P2P payments directly from ATMs to another individual with a PayPal account.
4) It is partnering with MeridianLink to allow new bank customers to fund their online bank accounts by transferring funds directly from their PayPal account.
5) It has formed a relationship with ezRez Software that, starting next year, will allow consumers to use rewards points and travel miles as a "fluid currency" and deposit that money into their PayPal account. United Airlines customers will be the first to have access to this service through the MileagePlus program.
PayPal will be publishing the details about these exciting developments tomorrow, Thursday, October 13, and I will link to it here.
 - Hastings Mutual Insurance Company selects Identity Theft 911 to offer Security Breach Response Coverage.
- Andera acquires oFlows to "deliver the whole enchilada."
- mFoundry opens office in San Francisco.
- Backbase announces Netherlands insurance co-op Univé, has chosen Backbase software.
- USA Today lists TradeKing as an option to help beginner investors.
- Clairmail enhances adoption-services program with new benchmarking service.
- Q2ebanking enhances mobile banking solution, supports clients' mobile strategies.
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.
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.
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  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. Link
 - 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  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' 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
ChargeSmart AOL's Daily Finance highlighted Chargesmart's secondary gift card market that allows  consumers to pay for bills in exchange for gift cards. Link
CheckFree Family Wealth Report stated that CheckFree is leading the way in UMA processing. Link
Credit Karma - CBS Money Watch discussed Credit Karma's data on America's debt. Link
- Fox Business News listed Credit Karma's credit score simulator tool as a 15-minute fix for your credit score. Link
doxo Practical Ecommerce listed doxo as one of 17 apps for productivity. Link
Dwolla - Dwolla hit $1 million in payments per day and Ben Milne, CEO, shared a sneak peak of future plans. Link
- Ace Community Credit Union provided customers with access to Dwolla through its site.
- Dwolla CEO Ben Milne explained why starting a business in Iowa isn't hard. Link
- Dwolla introduced a new Autoload feature. Link
- Dwolla was listed on The Next Web as one of eight awesome ways to pay with your phone. Link
eToro eToro Partners began testing a new foreign exchange affiliate tool called Custom Links. Link
Expensify - The Info.rmatics blog testified to Expensify's ease of use. Link
- ipCommerce showcased Expensify's innovation. Link
GoalMine  Mango Money added GoalMine to its list of services. Link
HelpMyCash HelpMyCash revamped its website to be more consumer-friendly. Link
IDTheft 911 Barnstable County Mutual Insurance Company selected Identity Theft 911 for its LifeStages service. Link
iPay Technologies TechCrunch reported that Bill Ready, former President of iPay Technologies, joined Accel Partners as an Executive in Residence. Link
Lending Club - ATM Options discussed seven good reasons to invest through Lending Club. Link
- Netbanker discussed Lending Club's record high growth. Link
Lendio - Lendio added TAB Bank to its network of lenders. Link
- Reuters reported that Swift Capital and Lendio partnered to help small businesses. Link
mFoundry  - American Banker considered Bank of America's recent investment in mFoundry. Link
- Credit Union Journal discussed Colombia Credit Union's adoption of mFoundry's mobile banking. Link
Mint.com - Mint.com introduced a manual transactions feature for its iPhone app. Link
- TechCrunch reported Mint.com's debut of a new feature that tracks bills and sends reminders. Link
Monitise - Monitise signed over 6,000 users in Nigeria to a mobile payments trial. Link
- TechMarketView discussed Monitise's financial success. Link
peerTransfer Yahoo! Finance reported peerTransfer's growth in international student payment processing. Link
Prosper - Netbanker discussed Prosper's record high growth. Link
- Prosper raised its interest rates by 2.5 percent. Link
SmartyPig SmartyPig introduced its back-to-school cash giveaway contest. Link
ThreatMetrix ThreatMetrix announced its upcoming user conference October 9th through 10th. Link
TradeKing TradeKing launched a new video series to help consumers understand options trading. Link
Tyfone  Oregonlive.com described Tyfone as a major player in mobile payments. Link
Wikinvest Forex Promos shared an interview with Mike Sha, Wikinvest CEO. Link
Xero Reuters reported that Xero agreed to acquire Paycycle, a payroll company. Link
Zecco Wealth Building Tips and Strategies blog shared Zecco's options trading video series. Link
ZimpleMoney ZimpleMoney adjusted its services in response to the Dodd-Frank reform. Link
 - BillFloat
- Bling Nation
- Boku
- Cardlytics
- ClairMail
- Expensify
- IDAnalytics
- Lending Club
- SecondMarket
- Wikinvest
- Wonga
- Yodlee
_________________________________________________________________________
In other Alumni News:
Aptys Solutions  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  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  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  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
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
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 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
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 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
Prosper
- 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
Andera - Andera launched FortiFI, a new fraud prevention system. Link
- Andera CEO Charlie Kroll discussed the release of FortiFI. Link
ChargeSmart - ChargeSmart launched ChargeSmart Direct to provide customers with additional access to support staff. Link
- Fox Business News highlighted ChargeSmart and PlasticJungle's gift card trading service as a way to make savings fun. Link
Check Point Software Technologies Check Point announced the 2012 version of ZoneAlarm. Link
Currensee  - Forex Crunch outlined the benefits of Currensee, describing its profitability as "significantly high". Link
- The Street highlighted Curensee as a startup that "rocks" the financial house. Link
doxo - Chicago Tribune discussed doxo's step toward a paperless society. Link
- TechCrunch & VentureBeat featured the launch of doxo's mobile app, a mobile digital filing cabinet. Link and Link
- Macworld took a closer look at doxo's new app. Link
Dwolla  - Dwolla released Grid, a feature that protects personal user information. Link
- The Street highlighted Dwolla as a startup that "rocks" the financial house. Link
- The Next Web interviewed Dwolla about its API. Link
Enloop StartUp Beat profiled Enloop. Link
eWise eWise raised $14 million in funding. Link
Expensify  CNNMoney named Expensify as one of five best apps for businesses. Link
FreeMonee CardTrak.com examined FreeMonee's gift network. Link
Ftrans Ftrans raised $650,000 in equity financing. Link
GoalMine GoalMine won The Core Underbanked Innovators Challenge at the 6th Annual Underbanked Financial Services Forum hosted by Core Innovation Capital. Link
Jemstep  Jemstep launched a new version of its service that features many improvements. Link
mFoundry The Washington Post reported that mFoundry's mobile deposit service is its most requested feature. Link
Mitek - Mitek Systems was granted 4 more patents for its mobile deposit feature. Link
- Bank Technology News discussed Mitek's new patents. Link
Monitise - Monitise launched its services in India. Link
- The Wall Street Journal covered Monitise's 5-year agreement with Visa. Link
- TechCrunch examined Monitise's recent deal with Visa. Link
Prosper Prosper raised $17.5 million in funding from investors. Link
RobotDough The Street highlighted RobotDough as a startup that "rocks" the financial house. Link
SecondMarket CNBC interviewed Barry Silbert, CEO of SecondMarket, regarding its role in IPOs. Link
Silver Tail Systems Silver Tail Systems raised $20M in a Series B funding round. Link
Striata Striata partnered with POCiT to enable bill payments. Link
Sybase Sybase was named the most successful database software vendor in China. Link
ThreatMetrix  ThreatMetrix collaborated with USA ePay to provide fraud prevention to online retailers. Link
TradeKing TradeKing partnered with CoolTrade for automatic stock trades. Link
UBank UBank voiced that it will change the banking industry by using the web and mobile technology. Link
Zopa  BBC's Radio 2 interviewed Zopa CEO Giles Andrews about P2P lending. Link
To follow Finovate alumni news in real time, follow us on Twitter here.
Capital Access expands remittance program to include Puerto Rico and 21 more countries. The Capital Access platform is designed for "daily" remittances and revenue-sharing programs. http://bit.ly/finovate329111
Morningstar to provide mutual fund Platform to eRollover. eRollover users will have access to Morningstar's historical information and comparison tools for mutual funds. http://bit.ly/finovate329113
Sybase argues NFC is "way overhyped." In VentureBeat Sybase President Marty Beard argues that it isn't proven that NFC really is better than the other technologies available. http://bit.ly/finovate41112
To see Finovate alumni company news in real-time, follow our feed on Twitter here.
Cardlytics and NetSpend partner to bring reward offers to the underbanked. The partnership will create opportunities for targeted offers to reach users of prepaid debit cards. http://bit.ly/finovate28112
CashEdge and NYCE join forces to provide person to person payment technology. Popmoney will now be available to 3,000 NYCE financial institution clients. http://bit.ly/finovate211112
SmartyPig.com adds sixty new online retailer cash-back partners, and six more gift card partners. Expedia, Hotels.com, Cabela's and Babies R Us are included in this latest offering. http://bit.ly/finovate131113
To see Finovate alumni company news in real-time, follow our feed on Twitter here.
AlphaClone is mentioned on Wall Street Journal front page article, "Pack Mentality Grips Hedge Funds." - The story ran Jan 15, 2011 and details the similar strategies in hedge fund management. http://bit.ly/finovate118113
Bill.com partners with Track1099 for easy, paperless IRS-1099 filing. - Users can report independent contractor payments in two easy steps direct from their bill.com page. http://bit.ly/finovate118112
iPay Technologies launches Biz 2.0 Crossover to help small businesses convert to business online bill payment. - The system identifies businesses using consumer online bill pay and targest them for upgrade to the business version. http://bit.ly/finovate119111
Kony solutions raises $19.1 million for mobile application platform. - Kony creates mobile applications for numerous industries including banking and investments. http://tcrn.ch/finovate119115
Mint and TurboTax team up to make taxes easier. - Mint allows for tagging of deductible transactions and free e-filing via Turbo Tax. http://bit.ly/finovate121111
SmartyPig's cash rewards card wins Paybefore award twice. - Congratulations to Smartypig for winning in two categories, "best general purpose reloadable program" and "best consumer value in prepaid." http://bit.ly/finovate12112
To see Finovate news updates in real-time, follow our feed on Twitter. Backbase explores mobile banking in its fall webinar series. http://bit.ly/finovate1293 BlazeMobile creates smart payments sticker.http://bit.ly/finovate12133 BrightScope releases top 30 retirement plans. http://bit.ly/finovate12143 Capital Access special report on "Black Friday" and small business sales data. http://bit.ly/finovate1282 SunTrust has added the "Transfer Now" product suite from CashEdge including person-to-person and me-to-me transfers. http://bit.ly/finovate12165 ClairMail and Cardlytics partner to provide transaction marketing opportunities. http://bit.ly/finovate1281 Expensify is hiring for multiple positions. - The company is currently looking for Web developers and computer engineers at several levels. http://bit.ly/finovate1216 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 Geezeo selected by University Federal Credit Union as PFM provider. http://bit.ly/finovate12151 GoalMine hosting cash contest via Facebook to spread the word. http://bit.ly/finovate1292 Kapitall closes series A funding round. -- The company did not release funding amounts or sources. http://bit.ly/finovate12163
Congratulations to Mint founder, Aaron Patzer, winner of a TechFellow Award for General Management. http://tcrn.ch/finovate1296 Mozo powering new "Compare, Ditch and Switch" campaign. -- The services allows 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. SmartyPig launches cash rewards card with only a one-time activation fee of $4.95. http://bit.ly/finovate12134 Victrio receives $5 million investment for voice-printing technology. http://bit.ly/finovate12141
 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!)
 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.
Firethorn joins up with Pennsylvania State Employees Credit Union to offer mobile banking. PSECU's 370,000 members will now have mobile banking service with Firethorn's mobile application. http://j.mp/finovate10153
Outright.com now supports Harvest integration for time tracking. Billable hours, payroll and more can be tracked with the Harvest application which now integrates seamlessly with Outright. http://bit.ly/finovate10123
Orange County Credit Union adopts Tyfone Mobile Payments. Orange County Credit Union, founded in 1938, has 79,000 members and $950 million in assets. http://bit.ly/finovate10122
ZashPay and PopMoney profiled in the San Francisco Chronicle as powerful alternatives to PayPal. See the pros and cons of a number of different mobile money-transfer services. http://j.mp/finovate10151
Here are the news updates for the past week. To view our updates in real-time, follow us on Twitter here.
First Tennessee Bank and mFoundry deployed a fully integrated mobile banking platform in less than 60 days. First Tennessee's middleware provider was Finovate alum Fiserv. The three firms worked together to rapidly deploy the new banking platform. Results indicate that the launch went smoothly. http://bit.ly/finovate9154
Here are the news updates for the week of August 22, 2010. To view in real-time, follow us here.
Check out Geezeo's summer growth spurt--wow! More than a half million new credit union members now have access to Geezeo's unique engagement-banking tools. http://bit.ly/finovate8222
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