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Alumni News-- December 10, 2014

  • Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Finovate-F-Logo.jpgNCR to sell new mobile imaging solutions from Mitek.
  • Backbase teams up with Accenture to help FIs improve customer engagement through digital channels.
  • Dwolla announces role as payment partner for Microsoft for Government initiative.
  • Australia-based ME Bank deploys core banking system, business intelligence, and anti-money laundering solutions from Temenos.
  • MasterCard launches MasterPass in France and Russia.
  • Finovate Debuts: eMoney Advisor Provides Financial Advisors with a Suite of New Planning Tools.
  • Independent Financial Advisor takes a look at Motif Investing and Wealthfront.
  • Xero reaches 400,000 paying customers.
  • Entersekt responds to FIDO Alliance's U2F specifications with its FIDO U2F-enabled authentication solution, Transakt.
  • Fintech for the Rest of Us blog mentions PayStand over PayPal and Stripe for bitcoin payments.
  • PayItSimple integrates with 30 more payment gateways in collaboration with Spreedly now integrated with approximately 70% of all gateways in the US.
  • Payfone and Early Warning partner on mobile authentication. 
  • Marlborough Savings Bank now offers Kasasa to enhance checking account offering.
  • Spend Matters reports: Receivables Exchange the largest of the Online Invoice Auction Exchanges.
  • Arxan announces enhanced mobile runtime app self protection (RASP) capabilities.
  • Lendio named One of Utah's Best Companies to Work For in 2014.
This post will be updated throughout the day as news and developments emerge. You can also follow all the alumni news headlines on the Finovate Twitter account.

Alumni News-- December 9, 2014

  • Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Finovate-F-Logo.jpgCachet Financial Solutions to offer Mitek's Mobile Photo Account Opening SaaS suite.
  • CrowdFlower CEO Lukas Biewald writes personally about the relationship between startups and their boards of directors.
  • Investor Junkie reviews roboadvisor, iQuantifi.
  • Knox Payments partners with ChangeTip to support bitcoin transaction via ACH.
  • Yodlee introduces transaction data enrichment service.
  • Fox News compares funding of Wealthfront, Personal Capital, Betterment, and SigFig.
  • Blackhawk Network's closed loop gift cards available at some USPS locations.
  • VentureBeat: App Annie now tracks stats from Windows and Windows Phone stores.
  • SecondMarket wins 48,000 Bitcoin in U.S. Marshals auction.
  • Actiance extends security capabilities to email.
  • TechCrunch: Trustev Uses Fraud Detection Software to Crack Down on Internet Trolls.
  • Dashlane launches one-click password changer.
  • BehavioSec Lands $6 Million Led by Northzone and Octopus Investments.
This post will be updated throughout the day as news and developments emerge. You can also follow all the alumni news headlines on the Finovate Twitter account.

Alumni News-- November 25, 2014

  • Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Finovate-F-Logo.jpgFenergo wins Outstanding Achievement in International Growth award from Irish Software Association.
  • Global Debt Registry launches Debt Lookup, a free online service for consumers.
  • Eastern University chooses ACI Worldwide to power its payment plan and tuition payments.
  • Monitise, FreeAgent, True Potential, and Nostrum Group earn spots in Deloitte UK Technology Fast 50.
  • PayStand takes eChecks to the next level.
  • Finovate Debuts: PayItSimple's Financing Tool Gives Customers Extra Time to Pay for Goods, Interest-Free
  • Pymnts considers Mitek's growth and future plans.
  • ProfitStars launches behavior-driven marketing capabilities with Kernel.
  • Western Heritage Credit Union hires Insuritas to install their insurance agency for the CU's 10,000 members.
  • Actiance announces enhanced voice recording for Microsoft Lync 2013.
  • Billhighway takes "Triple Crown" in Workplace Culture Awards with #6 rank on Crain's Cool Places to Work List.
  • Temenos positioned as a leader in Gartner's Magic Quadrant for International Retail Core 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.

Alumni News-- November 6, 2014

  • Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Finovate-F-Logo.jpgSmartphone checkbook app MagicMony powered by VerifyValid. Read our CEO interview with VerifyValid CEO Paul Doyle here.
  • takes a look at how innovators like Mitek, Top Image Systems, and Kofax are dealing with mobile deposit fraud.
  • Sramana Mitra interviews Avoka CEO Phil Copeland for the One Million by One Million Blog.
This post will be updated throughout the day as news and developments emerge. You can also follow all the alumni news headlines on the Finovate Twitter account.

Alumni News-- November 3, 2014

  • Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Finovate-F-Logo.jpgMoney on Toast to outsource its administration to Equiniti Wealth Solutions.
  • Mitek announces Restrictive Endorsement feature to reduce risk of duplicate check deposits.
  • Azimo opens up money transfer service to Kenya's M-Pesa.
  • Better ATM Services signs agreement with ATM manufacturer, Genmega.
  • Ixaris teams up with United bank for Africa (UBA) to bring its virtual card platform to 20 markets in Africa.
  • Socure scores $2.5 million to overcome evil with good.
  • Yantra Financial Technologies integrates Ripple Protocol into risk management system.
This post will be updated throughout the day as news and developments emerge. You can also follow all the alumni news headlines on the Finovate Twitter account.

Alumni News-- October 30, 2014

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

The votes are in. The judges have decided. And 11 Finovate alums have earned awards at the 2014 Innovation Project, including three gold medals.

Finovate alums won awards in a diverse range of categories, from "B2B Innovation" to "Best Comeback Story." Areas where alums dominated included "Best Credit Innovation," where Credit Karma, Lending Club, and Klarna swept the field, as well as "Best Innovation via ACH" and "Best Check Innovation."

Thumbnail image for Innovator_awards_pymnts_2014.jpg
The Innovation Project is "powered by," a joint venture between BusinessWire and Market Platform Dynamics. The event is in its second year, and was again held at Harvard University in Cambridge, Massachusetts.

A total of 49 awards were presented. Gold, silver, and bronze in fifteen categories, plus singular Catalyst, Women Driving Innovation in Payments, Lifetime Achievement, and Best in Show awards. 

Also announced were three inductees to the Payments Hall of Fame.

See how the rest of the Finovate family fared below.

Catalyst Award 
  • International e-commerce payments and money transfers
  • Finovate demo video: Europe 2012
  • Best B2B Innovation
  • Cash flow management solution for business integrating electronic payments, accounting, digital documents, and more
  • Finovate demo video: Spring 2012
  • Best Credit Innovation
  • Aggregates consumer financial data from bank accounts and credit scores to mortgage loans in one location
  • Finovate demo video: Startup 2009
  • Best Check Innovation
  • Enables check payments without having to write paper checks
  • Finovate demo video: Spring 2012
  • Best Credit Innovation
  • Online, peer-to-peer lender
  • Finovate demo video: Startup 2009
  • Best Cash Innovation
  • Cash transaction network 
  • Finovate demo video: Spring 2013
  • Best New Technology
  • Open-source, distributed payment protocol
  • Finovate demo video: Spring 2013
  • Best Innovation via ACH
  • Best Check Innovation
  • Send money to a Venmo account, bank account or supported debit card for free
  • Finovate demo video (with Braintree): Spring 2013
  • Most Innovative Company
  • E-commerce solution mitigates credit and fraud risk for online merchants 
  • Finovate demo video: Spring 2012
  • Most Disruptive Innovation
  • Best Comeback Story
  • Peer-to-peer lending
  • Finovate demo video: Finovate 2007
  • Best Credit Innovation
  • Best Innovation via ACH
  • Solution leverages mobile device camera to enable check deposit, account opening, and bill pay.
  • Finovate demo video: Fall 2013
  • Finovate-F-Logo.jpgArxan Technologies wins in the Products and Services Excellence category of the Infosecurity Global Excellence Awards.
  • OnDeck's CEO Noah Breslow appears on CNBC Squawk Box.
  • Mitek opens mobile imaging platform to developers.
  • Klarna raises £90 million to finance acquisition of Sofort.
  • Collision features Realty Mogul in its selection of "10 Top Startups with Powerful New Ideas."
  • OnDeck tops $1 billion in small business loans.
  • CBS News features Dynamics' Hidden card, interviews CEO Jeff Mullen.
  • Yale microfinance program to deploy Mambu platform.
  • FPPad Bits and Bytes features Guide Financial in its latest video review.
This post will be updated throughout the day as news and developments emerge. You can also follow all the alumni news headlines on the Finovate Twitter account.
Thumbnail image for CachetLogo.jpg

Finovate alum Cachet Financial Solutions (FinovateFall 2012) has announced its acquisition of Moneto, the prepaid mobile platform, from another Finovate alum, DeviceFidelity.

Calling prepaid "one of the fastest growing financial product sectors," Cachet CEO and President Jeffrey Mack said, "This acquisition is a perfect complement to Cachet's current RDC mobile prepaid offering and demonstrates our strategic evolution to a more comprehensive mobile offering.

While Moneto is the main prize in the acquisition, there is more to the package than the prepaid mobile platform alone. Cachet Financial will also gain a core VISA prepaid mobile money platform, and strategic relationships with partners like Navy Federal Credit Union, MasterCard, and Moneygram.

The Moneto platform provides clients with a variety of features including:
  • card loading
  • card balance and history
  • loyalty and rewards
  • person-to-person (P2P) transfers
  • expedited bill pay and remittance
  • instant "Good Funds" to load card by check
Moneto also enables contactless payments for both iOS and Android smartphones. The mobile app allows the user to access his or her prepaid card from their mobile device, as well.

Cachet Financial is known for its remote deposit capture (RDC) technology, which leverages technology from Mitek (yet another Finovate alum) to provide solutions for financial institutions, credit unions and consumers alike. The company is based in Minneapolis, Minnesota, and was founded in 2010.

See DeviceFidelity demo moneto in the video from the company's FinovateSpring appearance in 2012 here.
  • Finovate-F-Logo.jpgArxan appoints Patrick Kehoe as Chief Marketing Officer.
  • GRANCO Federal Credit Union to offer Geezeo powered PFM.
  • Mitek's Mobile Photo Payments now offered by a large, unnamed cable, telecomm and media companies.
  • Lodo Software changes its name to D3 Technology.
  • miiCard adds former SWIFT CEO Lázaro Campos, previous VP of SecureWorks Richard Lewis, and prior Clydesdale executive Kenny White to its Board of Directors.
  • Zopa secures £15 million from London-based Arrowgrass Capital Partners.
  • Crowdfund Insider looks at SeedInvest and its comment letters to the SEC on crowdfunding and the JOBS Act.
  • LendUp launches educational video series to help combat identity theft.
  • Flint Mobile announces start of partner program for ISOs, MSPs, and ISVs.
  • Financial Times column on online banking and the cloud features Fidor Bank.
  • Your Story features TransferWise and its co-founder Taavet Hinrikus.
  • InComm and H&R Block enable consumers to reload their H&R Block Emerald Card at more than 60k Vanilla Reload locations in the U.S.
This post will be updated throughout the day as news and developments emerge. You can also follow all the alumni news headlines on the Finovate Twitter account.

Thumbnail image for AlliedPaymentLogo.jpg

Since adopting PicturePay, bank and credit union customers of Allied Payment Network have seen 5-15% month-over-month growth in transactions and 10% growth in retention rates for customers who used bill pay. This has taken retention rates as high as 98%.

This is the emerging bill pay landscape as seen from the partnership between Allied Payment Network and Mitek. With more financial institutions offering ways for customers to pay bills, a feature like mobile bill pay helps distinguish those FIs looking to maximize opportunities through the fastest growing transaction channel.

Allied Payment Network notes that half of the customers who use PicturePay never took advantage of online bill pay services in the past. And a big selling point for the technology is the ability to pay using the mobile device's camera rather than having to type out information on a keyboard.

The company was recently in the news with announcement of its partnership with ACI Worldwide to provide same day bill pay via PicturePay. Among the technology's recent adopters is Ameriana Bank and, this year, Allied Payment Network announced its first credit union to deploy PicturePay.

Allied Payment Network teamed up with Mitek to present its PicturePay solution as part of the FinovateSpring 2013 event in San Francisco. See the company in action here.
  • Finovate-F-Logo.jpgDwolla launches Form Builder to enable users to build free custom payment forms.
  • Utah Valley Business Q Mag recognizes MoneyDesktop for its billboard advertising (see page 52-53).
  • Blue Coat and Check Point Extend Partnership on High-End X-Series Network Security Systems.
  • Payfone to use AT&T's network data to enhance its mobile identity services.
  • Vovox and Emida partner to provide enhanced mobile payment options for users.
  • West - Aircomm FCU to offer PFM powered by Geezeo.
  • Mike Brady named COO at CR2.
  • MasterCard debuts MasterPass in Italy. 
  • Business Banking Review names Mitek-powered U.S. Bank Mobile Photo Bill Pay "Best Technology Initiative in 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.

Finovate Alumni News-- December 12, 2013

  • Thumbnail image for Finovate-F-Logo.jpgMasterCard collaborates with Samsung, Commonwealth Bank of Australia to enable contactless payments via NFC.
  • Heckyl Technologies announces more than $3.5 million raised in Series B funding.
  • NetBanker: Mobile payments specialist Loop raises $10 million in Series A round.
  • Striata announced as a finalist in the Best Use of Technology category at 2013 Debt Collection Awards.
  • miiCard to help power ID verification for myrentalcv's tenant screening platform.
  • Updated Advisor Pages platform from BrightScope drops charge for online profile maintenance.
  • Mitek and Kony collaborate to Deliver Mobile Photo Bill Pay With Mitek MiSnap Automatic Image Capture.
This post will be updated throughout the day as news and developments emerge. You can also follow all the alumni news headlines on the Finovate Twitter account.

Finovate Alumni News-- November 27, 2013

  • Thumbnail image for Finovate-F-Logo.jpgHeckyl Technologies featured in Startup Innovation.
  • U.S. Bank's Mitek-powered Mobile Photo Bill Pay wins Best Technology Initiative in Banking award.
  • Independent Research Group names Cardlytics a Best in Class Provider in 4 categories of card loyalty technology report.
  • Ally Bank adds Fiserv's Popmoney to power recurring funds transfers on its mobile app.
  • PayPal now accepts prepaid gift cards.
  • Mashable looks at HelloWallet as an easier way to save money.
  • The Wall Street Journal reports online advisers like Jemstep enhance free services.
  • Forbes features how Moven can be especially useful over the holidays.
This post will be updated throughout the day as news and developments emerge. You can also follow all the alumni news headlines on the Finovate Twitter account.
  • Finovate-F-Logo.jpgLodo debuts D3 Consumer banking multichannel management platform.
  • App Annie's Free Upgrade Brings Advertising and Analytics Onto a Single Platform.
  • CurrencyFair raises $2.5 million from Frontline Ventures.
  • TSYS introduces Merchant Insights to hep customers better monitor and analyze social media data.
  • ACI Worldwide announces completion of Official Payments acquisition.
  • Jim Marous' Bank Marketing Strategy features Mitek in a discussion of "banking innovation for the fat-fingered."
  • Local CBS affiliate in San Francisco highlights crowdfunding, real estate, and Realty Mogul.
This post will be updated throughout the day as news and developments emerge. You can also follow all the alumni news headlines on the Finovate Twitter account.
  • Finovate-F-Logo.jpgPayfone Brings in $10 Million from Early Warning Systems.
  • Promsvyazbank in Russia Launches PFM-Service, Powered by Meniga.
  • Payments Source: Fiserv Makes a Payments Play for Small Businesses.
  • FinovateAsia 2013 Sneak Peek: Part 3 is up.
  • Trejdify publishes an introduction to Quantopian.
  • GMC Software Technology opens office in Australia. Join them in Singapore next month for FinovateAsia 2013.
  • For the third consecutive year Deloitte nominates Trustly as 1 of Sweden's Tech Fast 50 companies.
  • Pennsylvania's Customers Bank embraces mobile bill pay via Mitek-powered PicturePay.
This post will be updated throughout the day as news and developments emerge. You can also follow all the alumni news headlines on the Finovate Twitter account.
  • Finovate-F-Logo.jpgDel-One Federal Credit Union to offer PFM powered by Geezeo.
  • GigaOm reports: Braintree's cross-app payment service Venmo Touch comes to the U.K.
  • BBVA blog features Philippe Gelis, founder and CEO of Kantox.
  • Bank Innovation calls CardFlight "a dongle with a difference."
  • The Financial Brand takes a look at mobile photo account opening via Mitek.
  • Motif Investing CEO talks about motif building in an interview with NBC.
This post will be updated throughout the day as news and developments emerge. You can also follow all the alumni news headlines on the Finovate Twitter account.

FinovateFall 2013 in the Press

Affluent Strategies
Finovate Fall 2013 Best of Show Winners
by JP Nicols

All Marketing (in Hebrew)
הסטארט-אפ הישראלי, TipRanks, זוכה זה בפעם השנייה בכנס Finovate
by Shirley Asa

American Banker
Business Lender Finds Trove of Insights in Client CRM Data
by Penny Crosman

MoneyDesktop Launches Long-Term Goal Setting Tool
by Sean Sposito

PFM Apps Dominate FinovateFall Day One
by Mary Wisniewski

Reporter's Picks: Three Top Apps at FinovateFall
by Sean Sposito

The Cutting Edge of Online Banking, as Practiced by a Polish Bank
by Mary Wisniewski

The Top 10 Tweets of Finovate

What Engagement Banking Needs Is Less Engagement
by Jeanine Skowronski

Backbase Blog
Backbase Unveils New Commercial Banking Portal Solution at FinovateFall 2013
by Prue Duggan

Bank Innovation
'Electronic Checks' Give Paper Payments New Life
by Philip Ryan

European Innovators Throw Down the Gauntlet: Where's the Innovation, Americans?
by Philip Ryan

Finovate 2013: Our take on the Best of Show winners
by Steven Ramirez

Finovate Fall '13: Numbrs, Pixeliris, Word Sentry, and Mitek Come on Strong
by Philip Ryan

Finovate Fall '13: Strong Demos from Float Money, BizEquity, Zighra & SpearFysh
by Philip Ryan

Finovate Fall '13: Strong Demos from Instabank, SavedPlus & TipRanks
by Phillip Ryan

Finovate Fall '13: Think Finance, MBank Lead the Pack
by Philip Ryan

Bank Marketing Strategy
Ten Tips To Doing Finovate Like A Pro
by Jim Marous

Bank Systems & Technology and Wall Street & Technology
5 Game-Changing Financial IT Startups
by Becca Lipman

5 Ways Mobile Banking Is Evolving: Finovate
by Jonathan Camhi

Finovate Fall 2013: A Few FinTech Providers for Capital Markets
by Zarna Patel

Finovate 2013: We're All Infected With Malware
by Becca Lipman

Making Personal Finance Social Spotlighted At Finovate
by Jonathan Camhi

Barlow Research Associates
Innovations that Improve Business Banking Workflow
by Donna Arce

BostInno, Streetwise Media
Franklin-Based Interactions Reinvents the Virtual Assistant Application, Wins Finovate's Best in Show
by Andrew Amato

Crain's New York Business 
Financial-technology startups roil banking's status quo
by Judith Messina

Hottest tech sector is all about money
by Judith Messina

Credit Union Times
Mitek Debuts Mobile Photo Account Opening
by Robert McGarvey
5 Areas Of Innovation All Credit Unions Need To Monitor
by Scott Patterson

The Role Of Innovation In Today's Credit Union
by David Mooney

CU Insight
Barclays Just Showed Up to the Party We've Been Hosting for a Year
by Ron Daly

Discerning Technologist
Just In Time For Finovate: Adding More Fun (And More Focus) To Fintech Applications
Scores of fun at Finovate and Money2020
by CEB Icono

Yodlee launches financial relationships app

Finovate blog
FinovateFall 2013 Best of Show Winners
by Julie Schicktanz

4 New Online Money Management Tools Worth A Try
by Richard Eisenberg

Forrester blog
Highlights and Thoughts From Finovate Fall 2013
by Peter Wannemacher 

Finovate Fall 2013 - The Big Apple
by Scott Hodgins

Hotwire PR blog
Mobile, data and security are hot at FinovateFall
by Lindsay Goldwert

Huffington Post Tech
NextGen Investment Advisory Firms--Go Tech Or Go Home!
by April Rudin

Investment News
Start ups pitch automated advice at tech confab
by Trevor Hunnicutt

Javelin Strategy & Research Blog
FinovateFall 2013. Drinking from the Proverbial Firehose.
by Nick Holland

The Jerusalem Post
Tel Aviv-based start-up TipRanks takes top prize at Finovate
by Niv Elis
Reflections On Five Hundred Minutes of Fintech
by Bradley Leimer

Fintech Trends From The Innovators at FinovateFall
by Cassie Anderson

Mindful Insights blog
FinovateFall 2013 

The Modesto Bee
Modesto financial planners offer online tool for success
by Patty Guerra

My Bank Tracker
FlexScore Aims to Complement FICO Credit Scores
by Simon Zhen 

FutureAdvisor: Automated Investing With Tax Efficiency in Mind
by Simon Zhen 

Mitek to Simplify Account Opening on Mobile Devices
by Simon Zhen 

MoneyDesktop: Declutter and Visualize Your Financial Goals
by Simon Zhen 

SavedPlus Makes You Save Every Time You Spend
by Simon Zhen 

Yodlee's New Mobile App Deals With Money Side of Relationships
by Simon Zhen 

The New Age Online
Finovate and the Rise of the African Entrepreneur
by Douglas White

Taking data analysis to a new plateau: Narrative Science raises $11.5M
by cale Guthrie Weissman 

Payments Source
E-Check Service Offers an Alternative to Online ACH Payments
by Austin Kilgore

PC World
New services tackle small business finance challenges
by Yardena Arar

Plus World (in Russian)
Инновация ТКС Банка представлена на
Payment Innovators Impress At FinovateFall 2013
by Dan Rosen

Silicon Hills
Akimbo and Toopher Pitching at Finovate in New York
by Laura Lorek

Snarketing 2.0
Finovate Fall 2013: Snarketing's Best-In-Show Awards
by Ron Shevlin

What To Look For At Finovate Fall 2013
by Ron Shevlin

Mobile-First Banking App Numbrs Bags Further $3.8M For U.S. Launch
by Steve O'Hear

Upstart Business Journal
Bitcoin's missing link sneaks into main event at Finovate
by Michael del Castillo

Financial gladiator battle ends with 8 startups standing tall
by Michael del Castillo

The Wall Street Journal
How to Get Investment Advice for Less Online
by Andrea Coombes

'Stupid' Banks Look for Innovation
by Michael Hickins

William Mills Agency blog and Beyond the Arc blog
Day 1: Live Blog, FinovateFall 2013 by William Mills III & Steven Ramirez
by Steven Ramirez and William Mills III

Day 2: Live Blog, FinovateFall 2013 by William Mills III & Steven Ramirez
by Steven Ramirez and William Mills III

Finovate 2013: Our take on the Best of Show winners
by Steven Ramirez

We'll continue to add coverage throughout the next few weeks. If you have FinovateSpring press coverage you would like to add, please email the link to

Finovate Alumni News-- September 13, 2013

  • FinovateLOGO.jpgTradeKing wins FINRA approval for acquisition of GAIN Securities.
  • Numbrs AG earns $3.8M in funding from parent Centralway.
  • Interactions, LearnVest, mBank & Accenture, Mitek, Money Desktop, Motif Investing, TipRanks, and Yodlee pick up Best of Show awards at FinovateFall 2013.
  • InComm, in partnership with CVS/pharmacy wins Best Third-Party Card Retailer Award.
  • Standard Distributing and Other Side Produce select eDeposit as their web and mobile payment solution.
  • Emida launches new smartphone POS app, available worldwide.
  • IDology launches ExpectID Global, an international expansion of its solution.
This post will be updated throughout the day as news and developments emerge. You can also follow all the alumni news headlines on the Finovate Twitter account.

FinovateFall 2013 Best of Show Winners


We just wrapped up FinovateFall 2013 in New York. After a successful two days filled to the brim with 69 live demos, the audience voted for their favorites. Ultimately, the top eight companies were named Best of Show, and took home a trophy.

The winners (in alphabetical order):

Interactions, for its voice-based virtual assistant technology


LearnVest, for its iPad app and Workplace Solutions Center


mBank & Accenture,  for their Bank 3.0 online platform


Mitek for its Mobile Photo Account Opening solution


MoneyDesktop, for its GuideMe solution


Motif for its platform that lets you invest in ideas in one click


TipRanks, cloud-based accountability engine for investors


Yodlee, for its debut of TANDEM that helps groups manage and discuss shared finances


All of the 69 demo videos will be posted on in a few weeks.

A huge thank you to everyone who joined the audience and participated in our largest New York show so far. And, of course, thanks to the 69 innovative companies who took on the FinovateFall stage in front of a crowd of 1,100+ audience members.


Notes on methodology:  
1. Only audience members NOT associated with demoing companies were eligible to vote. Finovate employees did not vote.     
2. Attendees were encouraged to note their favorites during each day. At the end of the last demo, they chose their three favorites.    
3. The exact written instructions given to attendees: "Please rate (the companies) on the basis of demo quality and potential impact of the innovation demoed."  
4. The eight companies appearing on the highest percentage of submitted ballots were named Best of Show.  
5. Go here for a list of previous Best of Show winners.

This post is part of our live coverage of FinovateFall 2013.

Then, Mitek showcased its Mobile Photo Account Opening solution: 

"Mitek's new Mobile Photo Account Opening solution enables financial institutions to take advantage of mobile for customer acquisition by reducing the friction for users with mobile imaging. The engaging user experience will attract digital natives and mobile first then retain them throughout their financial life. 

The user simply takes photos of personal and financial documents instead of entering information on a device keypad. This greatly reduces the time and effort required by the user to open and fund an account on a mobile device. Mitek's Mobile Photo Account Opening provides flexible deployment options and seamlessly integrates with FIs' existing account origination and identity verification providers."

Product Launch: Q4 2013
Metrics: Mitek (MITK) is publicly traded on NASDAQ
Product distribution strategy: Direct to Business (B2B)

HQ: San Diego, CA
Founded: 1986
Twitter: @miteksystems

Presenting Michael E. Diamond (CRO) and Wes Wilk (Sr. Director, Sales Engineering)

The full demo video will be available at in mid-September.

This is our final Sneak Peek of the companies who will debut their new technology on stage in New York on September 10 & 11 at FinovateFall.

You can learn more about our upcoming event here

In case you missed them, here are the previous posts in our Sneak Peek series:

FinovateFall 2013 Sneak Peek #1

Today we'll introduce you to the final set of companies: ApprendaBiometric Signature ID, Innovation Agency, Lighter Capital, Mitek, Numbrs, PayWith, and Zooz.

Want to be a part of the audience? Get your tickets to FinovateFall 2013 here. They're selling fast, so get yours before it's too late.

ApprendaLogo.jpgApprenda is the leading Enterprise Platform as a Service (PaaS) product powering the next generation of software-defined enterprises.


    • Policy Driven Application Deployment
    • Seamless Hybrid Cloud Capabilities
    • Inheritable Cloud Application Architectures

Why it's great: Apprenda is a software layer that enables any organization to transform their existing infrastructure into a self-service cloud application platform.


Sinclair Schuller, CEO & Co-Founder at Apprenda


Meet more of the team here.


Biometric Signature ID (BioSig-ID) is a software-only biometric that positively identifies users online: cloud-based with NO hardware required.

Using gesture biometrics, we can identify users at log in from any device and stop impostors - no hardware needed.

Why it's great: BioSig-ID verifies the "real" user and allows secure online transactions and prevents identity fraud.


Jeff Maynard is the CEO and an expert in the field of dynamic biometrics receiving two patents for his inventions.


Innovation Agency's Innovation Cafe is an innovation management platform that uses a social-based approach for driving collaborative and measurable innovation within the enterprise.

    • Recommendation Engine: encourages user participation
    • Real-time Social Graph: helps innovators to view their networks
    • Digital Personas
Why it's great: Specifically designed for financial services providers, the platform uses crowdsourcing to engage innovation communities.


Jay van Zyl (PhD), Founder

Jay is an entrepreneur, innovator and educator who lives his passion for finding new ways of driving innovation & change.

InnovationAgencyFounder2.jpgRory Moore (MBA), CEO

Rory is an innovation pioneer and has successfully implemented many innovation initiatives in leading banks.


Lighter Capital provides growth capital to technology companies in a highly-automated manner: Capital-as-a-Service

    • Predict a borrower's future performance using CRM data
    • Monitor for loan defaults using banking, accounting & CRM data
    • Lower lending costs
Why it's great: By crunching key CRM data, lenders can improve underwriting and borrower monitoring, predicting instability before it shows up in financial statements.


BJ Lackland joined Lighter Capital as CEO in 2012. He has been a venture capitalist, the CFO of a public technology company, and a startup consultant.


Rob Belcher leads the investment and finance efforts at Lighter Capital and has 12 years experience in investment banking, VC and consulting.


Mitek, the founders of Mobile Deposit, developed a complete suite of mobile imaging solutions. This new mobile solution enhances the account opening process.

    • Engage and retain mobile first consumers 
    • Speed up account opening process here, there, almost anywhere
    • Reduce inaccurate data entry
Why it's great: Increase acquisition rates and lifetime value of customers with this exciting new solution. See the demo at FinovateFall 2013. 


James B. DeBello, CEO & President


Numbrs is Online Banking of the Future.

    • Future Timeline
    • Transfer Money
    • Adnumbrs
Why it's great: Numbrs empowers you to own your financial life on-the-go.


Julien Arnold, CEO


Johannes Hübner, CTO


PayWith: What is possible when you connect the scalability and security of the MasterCard Network with innovations in Mobile Payments/Loyalty/Rewards/and Virtual Currencies?

Merchants can use their existing credit card processing terminals to securely transact mobile payments and run rewards. Pay/Reward/Gift/Security

Why it's great: Merchants can use their existing credit card processing terminal to transact completely secure mobile payments and run targeted marketing.


David Strebinger, CEO

Strebinger was previously the founder of Caring Capital and Wantsa Media. Emphasis on Payments/Mobile/Social/Monetization/Advertising.


Donald Kirkwood, COO

Kirkwood previously founded Axon in the UK. Axon grew to be the largest SAP consulting firm in the world and sold for $650M in 2008.  


Zooz is a global payment platform that enables e-commerce and m-commerce merchants to optimize their checkout across all channels.

    • Consumer-centric checkout for multiple platforms
    • Global payment solution with cross-border capabilities
    • Partnership with First Data
Why it's great: Payments are for people; We're here to give payments the human touch. Happy and reassured users are more likely to make it to the "Thank You" page!  


Oren Levy, CEO & Co-Founder


Ronen Morecki, CTO & Co-Founder

FinovateFall 2013 is just around the corner. If you have questions about the event, visit the information page, check out the FAQ, or email 

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

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


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

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

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

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

BillFloat revolutionizes credit delivery to consumers and businesses.

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

Instabank - Beautiful money.

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

Numbrs - One App - Every Bank.

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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


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

Mobile imaging technology company Mitek recently released 3Q (June) revenue and growth numbers.

Here are some of the results, pulled from a report by Janney Capital Markets:


    • Almost $4 million in revenue (23% YOY growth) MitekRDC.jpg
    • 26% recurring revenue


    • 3 new institutions signed on to use Mobile Photo Bill Pay, bringing the total to 10, with 4 customers live
    • 114 institutions went live with Mobile Deposit, bringing the total live clients on the platform to 559
    • 1,059 banks signed up to use Mobile Deposit (160% YOY growth)

To learn more about Mitek, check out its FinovateSpring 2012 demo video.

Thumbnail image for AlliedPaymentLogo.jpg

With its decision to deploy PicturePay, 3Rivers Federal Credit Union becomes the first credit union in the U.S. to adopt Allied Payment Network's mobile bill pay solution.

PicturePay's approach to mobile bill pay leverages the smartphone. Users take a picture of the bill and the imaging software - powered by the technology from another Finovate alum, Mitek - reads the data. All the user needs to do is enter the amount to be paid and the date to confirm payment.

3Rivers Federal Credit Union has more than $750 million in assets, and more than 67,000 members in northern Indiana and northern Ohio. 3Rivers was founded in 1935, and is headquartered in Fort Wayne, Indiana.

In partnership with Malauzai Software, Allied Payment Network recently announced the availability of PicturePay as a standalone solution. The company has been active in fundraising this year, as well, picking up a total of more than $750,000 so far in 2013.

Allied Payment Network demoed its PicturePay technology as part of FinovateSpring 2013 in San Francisco. See the company's presentation here.
Thumbnail image for AlliedPaymentLogo.jpg

Are you a financial institution? Do you love PicturePay, but fear parting with your current mobile banking provider?

No problem. Thanks to a new initiative by Allied Payment Network and Malauzai Software, the photo-based payment solution now will be available to banks and credit unions as a stand-alone mobile billpay alternative.

PicturePay enables mobile payments by allowing users to photograph their bill, confirm the amount to be paid, and then submit the payment directly. The software, powered by fellow Finovate alum Mitek, uses optical character recognition (OCR) technology as well as analytics to read and verify the data.


Founded in 2010, Allied Payment Network is headquartered in Fort Wayne, Indiana, and launched its PicturePay solution in January 2013. The company demoed its technology as part of the FinovateSpring 2013 show in San Francisco, winning special praise from both Bank Innovation and Credit Union Times.

See Allied Payment Network's PicturePay in action here.

Finovate Alumni News-- July 10, 2013

  • FinovateLOGO.jpgAuthentify launches security app for mobile devices, replacing passwords with digital images and spoken pass phrases.
  • Google Wallet's "Buy with Google" promotion provides discounts via Android apps ranging from Airbnb to Uber.
  • IBS Intelligence ranks SAGE SA's Prospero 2nd in 2013 Sales League Table.
  • Manilla's activated user base surpasses half million mark.
  • CashStar announces new clients for its digital gifting program.
  • Moven's beta program expands to add additional testers as company anticipates mobile signup by year's end.
  • Bank Innovation reviews GoBank's progress toward customer engagement and mobile centricity.
  • American Banker reports: Mitek Receives Patent for Mobile Card Balance Transfers.
  • SecondMarket launches General Solicitation solution in response to the SEC lifting of the ban on general solicitation by the JOBS Act.
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.
  • FinovateLOGO.jpgACI Worldwide announces latest version of ACI Acquirer, the company's multi-currency merchants management system.
  • Mitek wins patent for its technology that lets customers transfer credit card balance using their mobile device.
  • BBVA Ventures investment helps SumUp plan for South American expansion.
  • GoBank's mobile-first bank accounts now available through Rite Aid.
  • Monitise VP of mPOS Tim Corke talks mobile point-of-sale in video interview with Finextra.
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.
  • miiCard partners with authentication company, Toopher, to help users and businesses more effectively fight fraud and secure new services online.
  • BBVA Compass deploys Mitek's Mobile Photo Bill Pay.
  • TIBCO Software acquires StreamBase Systems.
  • Kofax issued patent that covers sending receipt confirmation for a fax.
  • AU Arts Hub profiles Narrative Science's approach to journalism.
  • Cashstar announces patent for virtual gift card technology.
  • Keynote brings MITE Enterprise, DeviceAnywhere Enterprise to UFT users.
  • Green Dot to acquire Walmart's reloadable prepaid card business, MoneyCard.
  • Affinity Solutions raises more than $21 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.
  • Finovate-F-Logo.jpgXero and Stripe partner to simplify online payments for small businesses.
  • Bank Innovation reports: Mitek Launches V 2.0 of Mobile Photo Bill Pay solution.
  • Boku teams with PlayJam to bring mobile payments to smart TVs.
  • SimpleTuition partners with College Parents of America to bring student loan and loan comparison insight from SimpleTuition its members.
  • ranks the Best Personal Finance Software of 2013 (So Far): 1) Personal Capital, 2) 3) ReadyForZero.
  • Emida adds Colombia to list of operating countries.
  • Kofax launches Analytics for Capture business intelligence solution.
  • interviews TransferWise co-founder Kristo Kaarmann.
  • RightStartups takes a look at Betterment as a "new concept in a very traditional industry."
  • Dynamics launches "Everything Else is Just Plastic" TV Ad.
  • TradeBox Media reviews Zooz's retail app plug-in.
  • International Business Times looks at how Arxan's technology is used to protect mobile banking apps from attacks.
  • Newfination interviews Uri Gruenbaum, co-founder and CEO of TipRanks.
This post will be updated throughout the day as news and developments emerge. You can also follow all the alumni news headlines on the Finovate Twitter account.

Finovate Alumni News-- June 6, 2013

  • FinovateLOGO.jpgCentral Intelligence Agency takes an actionable interest in Narrative Science.
  • IT operations management company Boundary touts its relationship with CurrencyFair.
  • Backbase CEO and co-founder Jouk Pleiter warns that bank customers are "no longer content to do the groundwork."
  • Mercator Advisory Group analyst takes a look at TSYS's proposed acquisition of NetSpend.
  • Mitek, LendUp, & Fuze Network dubbed runners up in 3rd Annual Core Innovators Mega Challenge.
  • TIO Networks announces strategic relationship with Aio Wireless.
  • Stockr wins Vator Splash LA startup competition, crowned most exciting company.
  • BankersLab launches Bank-it: Credit Edition.
  • Personal Capital to establish a Denver office and hire 100 financial advisers.
  • Business Insider interviews Braintree CEO, Bill Ready.
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.
  • FinovateLOGO.jpgPaymentsSource talks with Noam Inbar, VP for product development for Zooz.
  • OneID takes a look at the "security theater" of Twitter's two-factor authentication.
  • TSYS renews payment processing arrangement with Nationwide Building Society.
  • Pizza Marketplace interviews Leaf director of sales Alex MacKenzie on mobile marketing.
  • MIT Technology Review features OpenCoin.
  • Waspit to release new UX & mobile Apps in August to coincide with the new academic year.
  • TIO Networks partners with the State of Washington Department of Social and Health Services and payment processor Paymentus to help customers make child support payments.
  • Virtual Piggy partners with ClickandBuy to Increase Customer Signups, Conversions, and Sales.
  • Mitek receives patent for signature verification and fraud detection.
  • Christian Lanng, TradeShift CEO, takes on the position of Chairman alongside the responsibilities of CEO.
  • CU Times highlights Moven, Micronotes, GoBank, Refundo, AuthenticID, MoneyDesktop, Mint, FIS, Escardgo, and GoNow as noteworthy demos at FinovateSpring 2013.
  • Silicon Prairie News features Banno and EyeVerify demos at FinovateSpring.
  • Check (formerly Pageonce) and Lending Club are among the emerging financial services companies highlighted in Mary Meeker's Internet Trends report.
  • SaveUp helps credit union members save more than $400 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.
AlliedPaymentLogo.jpgThe agreement between Allied Payment Network and City Bank Texas will put the company's mobile bill payment service at the disposal of the bank's customers throughout the Lone Star State.

How does PicturePay work? The app takes advantage of the fact that the average smartphone in 2013 has a high-enough quality resolution to accurately photography the average credit card or utility bill.

Add in the amount to be paid, the date, and the app does the rest. PicturePay pulls the relevant data from the image of the bill, makes sure the biller is the correct one, and then issues the payment through its own network.


A few facts about City Bank of Texas:

  • The bank has $2 billion in assets
  • The bank is headquartered in Lubbock, and has 22 branches throughout the state.
  • Founded in 1941, the bank has more than 500 employees

Interestingly, the technology behind PicturePay, specifically the optical character recognition (OCR) engine, was developed by another Finovate alum, Mitek. Read more about Mitek's technology here.

Allied Payment Network is one of the companies that will be presenting its technology at FinovateSpring in San Francisco in May. To learn more about the event, including how to buy tickets and save your spot, visit our FinovateSpring information page here.

  • Finovate-F-Logo.jpgAG Beat features Entrepreneurial Finance Lab.
  • BSCG, Mitek, and Yodlee selected as Monarch B2B Innovation Award Winners.
  • Lodo Software appoints Matthew Lawlor, former founder & CEO of Online Resources, to board of directors.
  • South African Logistics Company implements Kofax Software to Automate HR. Watch Kofax demo live at FinovateSpring.
  • Business Credit Radio features Sue Heilbronner, PaySimple's Chief Growth Officer.
  • American Banker highlights Plastyc's unique approach to serving prepaid card users. Watch Plastyc's demo at FinovateSpring.
  • Mati Greenspan, senior investment consultant at eToro, explains how eToro will soon support Bitcoin.
  • American Banker looks at Braintree's multi-merchant approach. Come see Braintree demo at FinovateSpring.
  • Live Science considers how Narrative Science automates journalism and report generation. See Narrative Science's live demo at FinovateSpring.
  • Quantopian announces algorithm development competition.  The company will demo at FinovaeSpring in May.
  • Bank Innovation reports: Intuit will continue to support FinanceWorks.
  • Reuters takes a look at TipRanks. See them demo at FinovateSpring.
  • eDeposit announces major new features in upgrade of mobile app.
  • TradeHero a winner at Echelon Singapore Satellite pitch competition.
  • INTJ Capital gives kudos to Quantopian's decision to provide for external data sets. Join Quantopian in San Francisco for FinovateSpring in May.
  • American Banker interviews Green Dot CEO and founder Steven Streit. See Green Dot demo at FinovateSpring.
  • Realty Mogul is among the companies highlighted in Upstart Business Journal column on crowd funding. See them demo at FinovateSpring.
This post will be updated throughout the day as news and developments emerge. You can also follow all the alumni news headlines on the Finovate Twitter account.

Recently, Business Centric Services Group (BCSG), Mitek, and Yodlee were honored at the Monarch Innovation Awards:

Business Centric Services Group (BCSG)

    • Award category: Most Innovative Industry PartnerBCSGLogo.jpg
    • Product: Business Hub, an online subscription service that gives micro business owners access to a suite of tools that provides easy-to-use solutions for common challenges.
    • FinovateEurope 2012 demo video 



    • Award category: Overall Most Innovative Award
    • Product: Mobile Deposit, a solution that enables financial institutions to offer remote deposit capture to their clients.
    • FinovateSpring 2012 demo video


    • Award Category: YodleeLogo2012.jpgHonorable Mention - Industry Partner
    • Product: Yodlee Platform, a product designed to help financial institutions reach valueable customer segments by tapping into Yodlee's deep understanding of the unique financial needs, goals, and concerns of customers.
    • FinovateFall 2012 demo video

The awards are presented by Minnesota-based Barlow Research Associates to recognize B2B innovations within the financial services industry that provide the most innovative products to business customers.


See Monarch's FAQ to learn more about the Innovation Award methodology 

  • Finovate-F-Logo.jpgInvestors Business Daily interviews Barry Silbert, SecondMarket CEO, who says the stock market is broken.
  • Xero opening new LA office for Southern California team.
  • Bank Innovation reports: Fiserv Tops 1 Million Mobile Deposit Capture Users, 7 Million Mobile Users.
  • Radio New Zealand reports: Xero to launch fully into U.S. market in July.
  • Candace Klein, SoMoLend CEO, discusses the hardship that the SEC's delay of the JOBS Act has caused.
  • Yodlee receives 2013 Honorable Mention in Industry Partner category for the Barlow Research Associates' Monarch Innovation Awards.
  • Virtual Piggy integrates with Oracle ATG Web Commerce, expands reach of network to more than 390,000 brands.
  • Mitek's Mobile Deposit solution receives top award for Overall Most Innovative from Barlow Research Associates.
  • Management Today interviews Zopa CEO, Giles Andrews.
  • TechCrunch looks at Realty Mogul and its recent win at the Founder Showcase pitch competition. See them in action at FinovateSpring in May.
  • GreenDot and UniRush launch reloadable prepaid Visa card. Join GreenDot for FinovateSpring in San Francisco.
  • Allied Payment Network bill payment technology integrates with CSPI's Aurora online banking platform.
  • Zooz announces partnership with ChronoPay. Join Zooz in San Francisco for FinovateSpring in May.
  • Identity Theft 911 CEO to lead discussion on social media and insurer risk at upcoming NAMIC seminar.
  • Roadtrip Nation interviews Dan Reed of Bazaarvoice.
  • Money Street Smart reviews TradeKing.
  • Hard Assets Alliance features an interview with Gold Bullion International CEO Steven Feldman.
  • Newfination interviews Taavet Hinrikus of TransferWise.
  • Engine talks about rewarding risk-takers with GoodApril founder Benny Joseph.
This post will be updated throughout the day as news and developments emerge. You can also follow all the alumni news headlines on the Finovate Twitter account.

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