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  • Finovate-F-Logo.jpgVirtual Piggy grows to over a quarter million users.
  • TrustedID launches new service to help protect AARP members from identity theft.
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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's FinovateSpring 2013 received great coverage through blogs, tweets and articles. Here are the highlights:

Full conference live blogs

Three contributors risked carpel tunnel to cover all 72 demos. Thanks to Erin McCune and William Mills III and Phillip Ryan for going the extra mile!

Bank Innovation
by Phillip Ryan
FinovateSpring recap and ratings
Day one morning recap
Day one afternoon recap
Day two morning recap
Day two afternoon recap

Live Blogging Finovate Spring 2013 San Francisco
by Erin McCune 

William Mills blog
Live Blog: FinovateSpring 2013 San Francisco by William Mills III-DAY ONE
by William Mills III

Other coverage
Affluent Strategies
What About the Overbanked?
by JP Nicols

American Banker
5 Most Intriguing Companies at Finovate
by Sean Sposito

Bank Security Top Focus at Finovate

Banno Launches Data-Analytics Marketing Feature
by Sean Sposito

Crowdfunding Startups Pose New Competition to Commercial Lenders
by Sean Sposito

EyeVerify Rolls Out Authentication Service for Mobile Banking
by Brian Browdie

GoBank to Go Live on the Fourth of July
by Sean Sposito

The Buzz at Finovate: New Security Tech
by Sean Sposito

Bank Marketing Strategy
Musings of a Finovate Virgin
by Jim Marous

Bank Systems & Technology
Digital Marketing Solutions Stand Front and Center at Finovate Spring
by Jonathan Camhi

Banking 2020
FI Spotlight: USAlliance FCU Sees Cross-Selling Success

Algorithms for the Masses
by Theresa W. Carey 

Bloomberg Businessweek
Kabbage Expands Its Cash Advances to Brick-and-Mortars
by Patrick Clark

How to give a killer Finovate presentation
by Dan Latimore

Credit Union Magazine
Finovate Unveils Best of Show Winners

Finovate Highlights Industry's Best and Brightest
by Steve Rodgers

Look into the Future of Finance
by Steve Rodgers

Scenes from FinovateSpring 2013
by Steve Rodgers

Credit Union Times
5 Things You Don't Know Because You Weren't at Finovate
by Robert McGarvey

Onsite Coverage: Finovate Crowns the Winners
by Robert McGarvey

Onsite Coverage: New Security Tools Take Finovate Stage in Numbers
by Robert McGarvey

Onsite Coverage: No Clear Winners at Finovate Day 2
by Robert McGarvey

Threat of the Week: DDoS Back at You
by Robert McGarvey

Tomorrow's Ideas Spark Interest But Fail to Excite
by Robert McGarvey

Des Moines Register
Banno launches marketing product for banks
by Marco Santana

Ecommerce Bytes
ZooZ Lets Mobile Shoppers Tap an Ad to Buy
By Ina Steiner 

FamZoo blog
My Finovate Scorecard Winners Plus Snarky Tweet Highlights
by Bill Dwight

Spend Money Like a Pop Star...Or Not: FamZoo's FinovateSpring 2013 Demo
by Bill Dwight

Filene blog
Filene Five: Promising Products from Finovate

The Financial Brand
7 Reasons to Love GoBank
by Jim Marous
Neues aus der Finanzwelt der Zukunft

Banno unveils marketing tool Kernel

Forrester blog
FinovateSpring Fling 2013: Another Year of Dazzling Financial Services Delight!
by Tiffani Montez

Hotwire blog
Innovations inspire at Finovate Spring 2013
by Annette Leach

IntelliResponse blog
IntelliResponse Takes Center Stage at Finovate Spring 2013
by Dwayne Weppler 

Investment News
Quantopian launches trading platform pilot program
by Davis D. Janowski

Kabbage blog
Kabbage and Intuit Partner to Fund Small Businesses!

Lisa LaMagna's Slideshare
Finovate SF in 60 Seconds
by Lisa LaMagna

Kabbage Expands Small-Business Financing
by Laurie Kulikowski

Man in Ranks blog
I attended Finovate Spring in San Francisco
by Christopher Perrien

by Christopher Perrien

Finovate Spring 2013: Expensify Is At The Forefront Of Innovation In Business Expense Management

Finovate Spring 2013: On Finovera You Can Store Your Bills, Statements, And Financial Documents

Finovate Spring 2013: GoBank Is A New Finance Bank That Enables Smart Personal Money Management

Finovate Spring 2013: GoodApril Helps You With Your Taxes All Year Round

Finovate Spring 2013: In San Francisco At The Center Of The New Finance World

Finovate Spring 2013: Kabbage Approves And Lends Money To Small Businesses in 7 Minutes or Less

Finovate Spring 2013: Is A Multiprocessor Payment Platform For Merchants

Finovate Spring 2013: Prestadero Is A Mexican Peer To Peer Lending Marketplace

Finovate Spring 2013: Realty Mogul Is A Crowdfunding Platform For Real Estate Investing

Finovate Spring 2013: Refundo's App Is For The Under and Unbanked

Finovate Spring 2013: Start A Trust Fund For Each Of Your Kids At TrustEgg

Finovate Spring 2013: Virtual Piggy Is A Safe Payments System For Your Kids to Spend their Allowance

Finovate Spring 2013: Is A Full Service Credit Card Advisor

Banking Up Launches at FinovateSpring, Lets Any Business Offer Customers a Trusted Alternative to Traditional Banking

Finovate: Quantopian debuts live data trading for consumer quants
by Michael Carney
A VC's Inside Look At FinovateSpring 2013
by Dan Rosen

GoBank Announces Timing of General Availability and National Distribution Relationships at FinovateSpring

Kabbage Extends Loan Services To Offline SMBs

TipRanks Wins Best of Show Award at Finovate

TransCard Congratulates FamZoo, Winner of One of Five 2013 FinovateSpring Best of Show Awards

The Paypers
InvoiceASAP, Zebra Technologies partner for mobile invoicing solution

Refundo blog
FinovateSpring 2013 Trip - Demo Day
by Michael de Senna

SF Gate
ZooZ Previews "In-Ad Payments"™ at Finovate Spring

Silicon Prairie
Onstage at Finovate, Banno unveils ad platform for banks
by Danny Schreiber

Watch EyeVerify, Banno demo their wares at bank tech event Finovate
by Fred Bauters

Mobile Payments Startup ZooZ Debuts In-Ad Payments (Yes, "Ad" Not "App")
by Sarah Perez

Expensify takes on Freshbooks with invoicing & billing features
by Sean Ludwig

Kabbage expands its loans business, now supports Quickbooks
by Christina Farr

Y Combinator Blog
LendUp (YC W12) wins Finovate 2013 Best in Show for consumer loan platform to help the underbanked build credit

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
This is a part of our live coverage of FinovateSpring 2013.

Next up this afternoon, Plastyc showed off the administrator-facing side of its BankingUP platform:

"Plastyc is demonstrating the administrator-facing side of the BankingUP platform, allowing issuing banks and program managers to:

    • Monitor and analyze cardholders' financial activity in real time;
    • Monitor and analyze cardholders' non-financial activity; e.g., usage of mobile apps and web, customer support interactions;
    • Communicate instantly with programmable subsets of cardholders via web inserts and smartphone push notification for marketing/upselling and product alerts.
This is a departure from traditional batch mode financial-transactions only reporting obtained from processors."

Product Launch: November 2012
HQ: New York, NY
Founded: 2006
Metrics: 5K direct-to-consumer opened to date; platform deployed for a 3M card portfolio; 10 employees; $10M raised so far
Twitter: @ibankup

Presenting Patrice Peyret (CEO) and Colette Oliver (Director, Marketing)


FinovateSpring 2013 Sneak Peek: Part 4

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Our FinovateSpring 2013 Sneak Peek preview continues with another 12 companies that will be demoing their innovative technologies at our San Francisco event on May 14 and 15.

If you missed the previous installments of our Sneak Peek preview, here are links to parts 1-3:

Everything you need to know about FinovateSpring, from a full list of presenters to instructions on how to buy tickets, is available at our FinovateSpring 2013 information page here.  

For now, here's a look at a dozen more fintech companies who will be presenting their innovations on stage in May.


Arxan Technologies protects the App Economy from emerging hacker attacks with award-winning application integrity protection products that provide best-of-breed mobile app shielding.

  • Strengthens financial apps with self-defense and tamper-resistance
  • Delivers multi-layered application security, broadest platform
Why it's great: Arxan provides global Forbes 500 companies with the world's strongest and most deployed application integrity protection to launch multi-OS mobile services.

BBC Easy is a web service that increases lending efficiency and reduces risk by automating the collection of borrower's financial data.

  • Pulls financial data directly from the top 10 accounting systems
  • Loans are monitored with automated Borrowing Base Certificates
Why it's great: Direct access to financial data lowers risk and increases loan efficiency.

CardFlight is the easiest way to integrate card-present payments into your own mobile apps.

  • Encrypted reader that works with virtually any iOS or Android device
  • Easy, flexible SDK
  • Support for most payment processors
Why it's great: Easily accept card-present payments in your apps while keeping full control of your user experience.

Corduro Register helps enable Payments as a Service for the enterprise.

  • No Credit Card, No Phone, No Hassle 
Why it's great: Corduro focuses on enterprise clients, providing them with a unique way to pay.

Credit Sesame is the consumer's credit and lending expert, providing smart financing for your life.

  • Buying a house? See what you can afford
  • Compare multiple loans and find the best one
  • Monitor your credit for free on the go
Why it's great: It's the one mobile app that provides the information, analysis, advice, and offers you need for every important financing decision.

Escardgot introduces the Helix SCard. Evolved spending. Simple. Store your cards, select, and swipe.

  • Merchants can send cards and offers directly to a consumer's phone
  • A consumer can decide which ones to use when ready to swipe
Why it's great: The Helix SCard is the perfect transitional technology to usher in the wireless payment industry. No POAS hardware changes like NFC.

Finect is the only online network for the financial industry.

  • Online profiles and groups with seamless LinkedIn integration and professional verification
  • One-stop compliant social media
  • First-ever investment profiles for real-time peer discussions
Why it's great: We're a one-stop shop network allowing you to build your brand and community in a compliant manner.

GoNow's eWallet Platform will ignite mass market eWallet adoption and includes a "Super Smartcard" programmed by the eWallet which enables payments at any POS terminal.

  • Full compatible with existing POS infrastructure
  • Generates new revenue, extends brand
  • GoNow has independent secure element
Why it's great: Available as white label, GoNow's eWallet Platform makes it easy to launch an eWallet that works everywhere and offers new revenue opportunities.

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Narrative Science enables companies to automatically uncover insights hidden in data and create new content and communication at a scale and frequency never before possible.

  • Provides powerful insight across a variety of industries
  • Business intelligence solutions that deliver actionable insight
Why it's great: Narrative Science's Quill solution addresses today's challenges with Investment Research and Portfolio Reporting for both individual and institutional investors.

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Plastyc Inc. enables better banking services to be delivered to all via web and mobile, regardless of income, age, and bankability.

  • Turns prepaid cards into DDA alternative
  • Web/mobile consumer interfaces with push messaging
  • 24x7 monitoring and analytics
Why it's great: Brings life-time-value of prepaid accounts to unprecedented levels.

P2BInvestor introduces crowdfunding receivables.

  • Investor dashboard for crowdfunding platform
  • Explore receivables loans to invest in
  • Interactive returns calculator
Why it's great: First platform for crowdfunding receivable loans

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Wallaby Financial is the first service to combine a cloud-based wallet with an intelligent credit card to help consumers maximize rewards and cash back.

  • Build the perfect wallet and credit card mix
  • Get more rewards and cash back
  • Swipe smart every time you shop
Why it's great: Consumers that want to maximize their credit card rewards and cash back can build their ideal wallet with Wallaby.

For more information on being a part of FinovateSpring 2013, see our FAQ. To register, visit our FinovateSpring 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.
Thumbnail image for Plastyc2.jpgPionneering alternatives to traditional banking sine 2006, Plastyc is unveiling a new option that provides quicker access to checks deposited into their prepaid Visa accounts.

Customers using mobile remote deposit will be offered the option of immediate access to the deposited funds for a 1% fee for government or printed payroll checks, or 4% for personal checks. Customers who opt for delayed access, typically five business days, pay no additional charge.

Additionally, Plastyc has increased the maximum deposit amount for checks to $2,500, which the company says is more than that allowed by other mobile deposit systems.

The service is being tested with the company's mobile app users before being rolled out to the entire card base. The service is powered by Chexar Networks.

Plastyc is one of a handful of Finovate alumni who are participating in the Consumer Financial Protection Bureau's Project Catalyst, which we featured late last year.

To learn more about Plastyc in action, click here to see their demo from FinovateFall 2011.
  • Thumbnail image for Thumbnail image for Thumbnail image for Finovate-F-Logo.jpgNetbanker highlights Simple and Jwaala's natural language search.
  • Metaforic extends its app protection system to be compatible with the upcoming BlackBerry 10 operating system.
  • Plastyc powers online banking and payments services for H&R Block, launches new white-label service.
  • Andera increases sales bookings by 59%, sees 5x increase in oFlows customers.
  • Cambodia's leading commercial bank adopts Temenos Group technology upgrade.
  • Fiserv completes acquisition of Open Solutions.
  • AppShopper features eDeposit's first mobile app.
  • Edelweiss Securities launches real time news terminal powered by Heckyl Technologies.
  • Google Analytics touts Kapitall's content experiments.
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 Thumbnail image for Finovate-F-Logo.jpgAs part of its mandate to develop innovation and entrepreneurship in the consumer financial marketplace, the Consumer Financial Protection Bureau is calling on the help of three Finovate alumni.

BillGuard, Plastyc, and Simple are taking part in the first phase of the CFPB's Project Catalyst, which has three goals: 

  • Establish firm lines of communication with innovators
  • Understand new and emerging products in the market
  • Engage with innovators
In a statement, the CFPB noted that the "data-driven agency ... always wants to learn more about what innovators are discovering about consumer wants, needs, and practices."

To that end, here's a quick key to what each company does and how each will contribute to the project.

Bill Guard

Bill Guard provides consumers with email alerts to warn of questionable activity in their debit or credit accounts. As part of Project Catalyst, BillGuard will be providing data on customer complaints and dispute resolution.

Watch BillGuard's most recent Finovate demo here.


Plastyc provides an online-based, prepaid card that serves as an alternative to traditional checking accounts. Here, the CFPB is hoping to learn more about how consumers are using remote mobile check deposit, as well as the importance of immediate access to deposited funds.

To see Plastyc in action, watch their Finovate demo here.


Simple is a virtual bank that provides checking, savings and debit-card functions via a state-of-the-art user interface. Simple's Goals savings program, which allows customers to make daily, set-aside contributions toward an eventual purchase, is largely what the CFPB is looking to study.

Simple debuted at FinovateFall 2011. Watch their demo here.

Note that while all three companies are sharing data with the Consumer Financial Protection Bureau, no personally identifiable information will be included.

  • Thumbnail image for Thumbnail image for Thumbnail image for Finovate-F-Logo.jpgHelloWallet launches new design for web app.
  • TIO Networks signs 5 yr agreement with City Utilities of Springfield to provide financial services.
  • TechCrunch reports Tradeshift Lands Huge Global Client For Its New CloudScan Product.
  • FutureAdvisor wins Bronze in Best in Biz Awards 2012.
  • Finextra reports Artisans' Bank chooses Andera oFlows for online deposits.
  • American Banker reports CFPB to Collaborate with Startups BillGuard, Plastyc and Simple.
  • Ping Identity ranked Number 166 Fastest Growing Company in North America on Deloitte's 2012 Technology Fast 500.
  • Braintree expands to Australia, Providing Sophisticated Payment Tools for Australian Merchants.
  • Kony Solutions opens Brazilian office, announces Itau Unibanco as a client.
  • Allfiled today announced the addition of miiCard verified identities to its personal data service platform.
This post will be updated throughout the day as news and developments emerge. You can also follow all the alumni news headlines on the Finovate Twitter account.
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  • Dwolla upgrades iPhone app and adds ability to pay money requests.
  • The Receivables Exchange appoints Henry Allen as New CEO.
  • SimpleTuition launches Private Student Loan Refinance Center.
  • Xero and enable integration, ease transactions and cash management.
  • Now Plastyc's UPside Visa customers can add cash to cards instantly at Walmart.
  • NFU Mutual automates paper processes with Tibco. Check out Tibco's live demo at FinovateAsia.
  • Equifax selected byIRS as one of first eTranscript Pilot Vendors.
  • ModoPayments and Alliance Data partner to offer mobile solutions to retailers and U.S. Consumers.
  • wins Sleeter 'Awesome Application' Award.
  • San Diego North County Times reports StockTwits: Howard Lindzon takes stock talk to new level.
  • Bridge2 Solutions and Affinity Solutions launch mobile app.
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 Thumbnail image for Thumbnail image for Finovate-F-Logo.jpgGoogle Director, Russ Laraway, named SVP of Merchant Sales at FreeMonee.
  • American Banker describes the effect of Plastyc's Kindle Fire app on underbanked consumers.
  • Business Insider points out how SimpleTution & Cartera Commerce are hacking the financial system.
  • IP Commerce launches app development challenge for next-gen POS app.
  • Bank Technology News compares how Plastyc and Mitek use tech to serve the underbanked.
  • American Banker takes an in-depth look at SimpleTuition's SmarterBank.
  • Dwolla builds payment fees comparison tool.
  • Cachet Financial Solutions and eDOC Innovations partner to provide mobile deposit to Credit Unions.
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 Thumbnail image for Thumbnail image for Finovate-F-Logo.jpgFinancial services and Big-Data executive Mary Anne Keegan joins rapidly growing BillGuard as CMO.
  • CBS News recommends BillShrink for recent college grads.
  • Cachet Financial Solutions expanding, relocates to new facility.
  • Cartera Commerce links Offers to US Airways Dividend Miles members.
  • The Miami Herald reports Kony Solutions to Power Aetna's Mobile Application Platform.
  • Ping Identity named a winner of the Midsize Enterprise Summit East 2012 XCellence Awards.
  • Plastyc launches Kindle Fire app for UPside Visa.
  • TradeKing ranked top in customer service for 3 consecutive year in SmartMoney Magazine's annual broker survey.
  • YuuPay and Virtual Piggy partner to provide secure online and mobile payments for under-18 users.
  • Xconomy reports Yodlee secures $8,309,780 new financing.
  • Farmington Bank selects Q2ebanking's online banking platform.
This post will be updated throughout the day as news and developments emerge. You can also follow all the alumni news headlines on the Finovate Twitter account.

  • Thumbnail image for Thumbnail image for Thumbnail image for Finovate-F-Logo.jpgQ2ebanking partners with cybercrime prevention company, Trusteer.
  • Kasasa's Tunes program pulls in Gen-Y checking customers.
  • DR Power Equipment, partners with Bazaarvoice to manage consumer ratings and reviews. Come see Bazaarvoice at FinovateSpring.
  • Check Point Software announces Check Point ThreatCloud, a collaborative network to fight cybercrime.
  • Plastyc announces you can now add minutes to friends' & family members' phones abroad in 85 countries.
  • Holtmeyer & Monson partners with ProfitStars.
  • Bank Technology News reports Fiserv names Ally financial executive as CIO.
  • ABC 7 San Fran covers BillGuard. Come see its live demo at Finovate Spring in San Fran May 8 & 9.
  • GigaOM looks at how Braintree powers payments for hot startups.
  • OpenCuro's payment module now available for Zen Cart.
  • Balance Financial launches Portfolio Reporting, adds 2 board members.
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 Thumbnail image for Thumbnail image for Finovate-F-Logo.jpgCartera Commerce launches OfferLink rewards solution for local businesses.
  • MyBankTracker features PayNearMe and shares how to pay your utility bill at 7-Eleven.
  • American Banker shares how Plastyc is 1 of 3 prepaid card providers to adopt or test a disclosure box to inform consumers of fees.
  • ReadyForZero launches its Facebook timeline.
  • LearnVest launches a tool to help decide if you should outsource a task or do it yourself.
  • Forbes describes how Lending Club and Prosper have opened up the consumer debt market.
  • VentureBeat shares how Outright can assist during tax season.
  • Striata partners with IHS Telekom to bring eBilling to Turkey.
  • David Marcus named President of PayPal.
This post will be updated throughout the day as news and developments emerge. You can also follow all the alumni news headlines on the Finovate Twitter account.
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With the rise in smartphone ownership and low PC-usage rates of the underbanked, Plastyc built up a robust mobile app to help users manage their iBankUP and UPside accounts.

The iPhone and Android apps were rolled out March 13 to the 75% of Plastyc's users who own smartphones.

Some of the new capabilities include:

    • Manage Rainy Day Reserve
    • Receive deal notifications
    • Mail paper checks to people in your phone's address list
    • Deposit physical checks by taking a picture with your smartphone (coming end of 2012)

Here are some screenshots of the Android app, taken from Plastyc's website on March 19, 2012:

To learn more about Plastyc, watch its FinovateFall2011 demo.
  • Thumbnail image for Thumbnail image for Thumbnail image for Finovate-F-Logo.jpgThe Independent recommends using Zopa to boost your pension.
  • Creditnet examines how BillGuard can fight unwanted credit card charges.
  • TechCocktail interviews Ben Milne, Dwolla CEO, at SXSW 2012.
  • All Things D looks at SecondMarket CEO's answer to why it wasn't part of the SEC's secondary market ruling.
  • Forbes looks at MasterCard's partnership with BOKU.
  • Channel Partners turns to Expensify to lower expense-reporting costs.
  • SecureKey Technologies and INSIDE Secure bring POS convenience to online merchants.
  • Plastyc launches more robust mobile app to empower users who own a smartphone.
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 Thumbnail image for Thumbnail image for Finovate-F-Logo.jpgAmerican Banker reports LifeLock buys ID Analytics to boost its appeal to banks.
  • Practical Ecommerce profiles Kabbage, highlights future endeavors.
  • CNN Money discusses how SecondMarket escaped clashes with the new SEC ruling.
  • Convenient Cards, Rapid Financial, & Plastyc partner with Arroweye Solutions to get prepaid cards to market faster.
  • Silver Tail Systems introduces profile analyzer to protect websites from cyber attacks & fraud.
  • Check Point wins 2012 SC Magazine Readers Choice Award for best intrusion prevention solution.
  • Syphr and launch ad platform pilot for CUs.
  • American Banker reports Bancorp Bank announces NetSpend, InComm prepaid card deals.
  • PayPal introduces PayPal Here to compete with Square.
  • Finextra discusses ebilling adoption rates, reviews Striata's strategy.
  • H&R Block Canada and Yodlee partner to deliver tax applications to financial institutions.
  • Clairmail and VocaLink partner to combine real-time payments with mobile solutions.
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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Underbanked money-management company

Plastyc announced today a partnership with IDology, an identity verification company:

"IDology's ExpectID solutions are being used to verify consumers enrolling for Plastyc's services at and In addition, if a discrepancy exists in the initial CIP verification, IDology automatically escalates transactions to a higher level of verification."

IDology will help Plastyc provide a consumer-friendly approach to authentication.

To learn more about Plastyc, watch its FinovateFall 2011 demo.

  • Thumbnail image for Thumbnail image for Thumbnail image for Finovate-F-Logo.jpgGov Info Security interviews Authentify CEO Peter Tapling about authentication.
  • Ping Identity partners with Winvale, a gov't tech solutions provider.
  • Fox Business News looks at how to get more money from Kabbage.
  • unveils revamped user support.
  • TechCrunch reports PayPal to unveil small business payments platform.
  • Kabbage & Outright announce partnership.
  • cbanc Network launches Backstage Pass to open its platform to vendors.
  • How Kasasa helps community banks give megabanks a run for their money.
  • Plastyc partners with IDology to make authentication more consumer friendly.
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 Thumbnail image for Thumbnail image for Finovate-F-Logo.jpgPlastyc's UPside Visa named winner in sixth annual Paybefore Awards.
  • TechCrunch reports IBM buys WorkLight for $70 million.
  • StockTwits partners with Q4 Web Systems.
  • Actiance announces Socialite Engage to help advisors strengthen client relationships and drive new business. See its live demo at FinovateEurope next week.
  • Luup wins the Financial-i Leaders in Innovation Award for Most Innovative New Mobile Corporate Banking. See its live demo at FinovateEurope next week.
  • eToro releases Chinese version of OpenBook.
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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Plastyc, creator of the UPside Visa prepaid card, announced yesterday that it is using GreenDot's Swipe&Load technology to enable UPside cardholders to load cash onto their cards at 7-Eleven stores:

"Swipe&Load technology makes it faster and easier for people to add cash to their reloadable cards. Now cardholders can visit any 7-Eleven store in the U.S and hand their UPside Visa card and cash to the cashier. The cashier swipes the card and the money is added to the card on the spot."

The Swipe&Load service costs users under $5 and will be available at over 6,500 7-Eleven store across the U.S.

To learn more about Plastyc, watch its FinovateFall 2011 demo.

  • Thumbnail image for Thumbnail image for Thumbnail image for Finovate-F-Logo.jpgReady Receipts officially launches paperless receipt technology.
  • nFinanSe seeks to halt new debit card network by InComm, alleges price-fixing conspiracy.
  • VentureBeat discusses the IPO market with SecondMarket CEO Barry Silbert.
  • On Deck partners with the National Association for Small Business.
  • SignatureLink to integrate ThreatMetrix's Cybercrime Defender Platform with its technology
  • Intuit hires former Apple executive to lead Canada division.
  • Fox Business News interviews LearnVest founder and CEO, Alexa von Tobel.
  • The Next Web compares and contrasts PayPal and Dwolla with other payment methods.
  • Plastyc's UPside cardholders can now load cash onto cards at 7-Eleven stores.
  • Oregon-based Credit Union launches BancVue's Kasasa.
  • BrightScope partners with social media expert Arkovi.
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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  • Wired Magazine UK describes how miiCard is working to help prove online identities.
  • Wall Street Journal's MarketWatch looks at how LearnVest seeks to shake up financial planning.
  • Plastyc publishes a fee and feature comparison between its UPside Visa prepaid card and Suze Orman's The Approved Card.
  • eWise's Secure Vault Payments adds Nebraska Online Child Support website to vendor list.
  • ThreatMetrix acquires TrustDefender, expands Cybercrime Defender Platform.
  • Outright releases a widget to help those filing a 1099-K escape possible IRS audits.
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 Thumbnail image for Thumbnail image for Finovate-F-Logo.jpgTo 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 and I will add it.
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  • 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.
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  • Plastyc launches UPside Visa Savings Purse.
  • Diversinet receives U.S. Patent for securely storing information on a mobile device.
  • American Banker reports Ohio Valley CU is working with Truaxis to offer discounts.
  • Xero calls on UK Gov to deliver better reporting, not simpler reporting for micro businesses.
  • Lendio adds 40 Banks, offers local business loans to 70% of the U.S.
  • Lending Club reaches $400 million in loan originations.

  • Huntington Bank works with Kony to create an iPad app.

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 Thumbnail image for Finovate-F-Logo.jpgTSYS signs payments agreement with Imperial Bank.
  • The Baltimore Sun mentions BillFloat & as two companies that are assisting cash-strapped consumers.
  • LearnVest launches LV Mom's Newsletter & 2 new products: Baby On Board Bootcamp & LV Discussions.
  • Weemba gives small businesses simple, direct pipeline for raising financing pre-holiday season.
  • Morningstar recommends CheckFree to help control your bills by setting up automatic payments.
  • Continuity Control buys Compliance Services Group of Iowa & Kirschler Peterson & Associates of Atlanta.
  • Crain's New York mentions BillGuard, BankSimple, Betterment, SecondMarket, On Deck Captial & Plastyc.
  • Jemstep launches out of beta to offer custom investment advice & guidance.

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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Next up this afternoon is Plastyc, who helps make saving money a habit by using automation:

"Savings service allowing account holders to set money aside for a rainy day or for specific future purchases with exceptional rewards. Saving is easily turned into a habit thanks to automated daily, weekly or monthly deposits. No new account needs to be opened: the savings account resides right inside an existing prepaid card account."

Product Launched: UPside Card (2007), iBankUP (2009) 

HQ Location: New York, NY 
Company Founded: 2006 
Metrics: 300K accounts opened, 10 employees, $7M raised so far

Presenting Patrice Peyret (CEO)


FInFallLogo.jpgMore than 60 leading fintech innovators, both startups and established companies, are gearing up to present at the biggest Finovate ever, Sep. 20/21 in NYC.

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

Don't miss your chance to see the live demo from each company and meet the execs responsible. Get your FinovateFall ticket here


Backbase is launching "Retail Bank of the Future," representing the e-banking engagement experience of tomorrow. It embodies the newest User Experience (UX) patterns based on input gathered from customer research, industry thought leaders and UX specialists.

Innovation type: Mobile UI, online UI

Personal finance is a chore and not too high on any To-Do list. Life is busy and finance stresses people out. 

At Balance, we manage your personal financial chores for you. We combine professional service (your own bookkeeper!) with all of your financial accounts and bills in one place for a fully managed experience that is personalized for you.

At Finovate we will show how you can now connect your financial accounts to Balance and power our newest expense tracking, budgeting and custom reporting tools. Also, look for a demo of our photo bill pay app and some other surprises!

Innovation type: Banking, payments, PFM

Saving for a house? And retirement? And that dream vacation? No problem with! We've created the simplest, fastest, and most efficient way for consumers to invest for their goals and the future.

Innovation type: Banking, investing, PFM

Banks need to re-define the relationship they have with consumers if they want to succeed in today's market. StatementRewards has introduced an effective way for financial institutions to inexpensively reward their consumers for banking with them, which in turn increases loyalty and customer satisfaction. 

At Finovate, BillShrink announces a new innovation that harnesses the intelligence of aggregated transactional data and applies it to customers' social networking and purchase management activities. By utilizing advanced analytics to present the most personalized offers and other services to customers, StatementRewards gives financial institutions a unique, competitive edge.

Innovation type: Cards, PFM, rewards

Want to see the definitive search engine for tackling today's banking issues? cbanc Network has created a revolutionary online collaborative platform for financial institutions to share best practices. This secure online community contains the largest repository of peer-authored, board-approved, exam-tested content anywhere. Here, banking professionals trade real, practical work -- including policies, procedures, agreements, vendor reviews and more from every department of a bank or credit union. 

This network
  1. Motivates people to share their best work 
  2. Uses points as currency to incentivize users 
  3. Helps FIs prepare for exams
  4. Protects users around legal and competitive concerns of sharing

Innovation type: Back office, online UI, security

The technology of the CLX.SentinelDisplay, a Class 4 reader with a hardened browser, hardened middleware, an integrated smart card and a high-resolution display,  ensures extremely high, comprehensive security in e-banking applications. 

Along with the reader's extremely secure customer authentication and transaction signing mechanisms, the advanced concepts for application authentication and pro-active security updates is unique. The hardened browser (CLX.SecureBrowser) onboard the reader ensures full confidentiality of customer data - a security aspect that is often entirely ignored.

Innovation type: Identity, payments, security

DeMystData's new web-based modeling platform helps lenders grow thin file portfolios without increasing their risk level. With minimal inputs, our tool leverages the vast amounts of data accumulated online, applies advanced statistical techniques, and configures a bespoke predictive API that captures additional customer information without adding underwriting complexity.  

The DeMystData platform has application in variety of commercial environments including credit issuance, risk assessment, segment identification, and offer customization.

Innovation type: Identity, lending, marketing

Credit unions, banks, financial advisors, financial institutions: How are you delivering youth financial education to your client families? How are you connecting with your next generation client? How are you fulfilling Community Reinvestment Act (CRA) responsibilities for financial literacy programs that progress in complexity as students get older? 

You've tried online content and even interactive online games, but the results are disappointing. Neither can hold a child's attention for long or keep them coming back over the years. We have a better way. It's no game. It's real experience. It works. We can't wait to show you at FinovateFall 2011.

Innovation type: Online UI, PFM

Fuze Network provides innovative ways for financial companies and their customers to work together. Learn how we help billers to build brand loyalty, aid in collection efforts, reduce fees, boost your customer service efforts and help to eliminate misdirected funds.

With Fuze at your back we can help to boost your store traffic, drive sales, increase revenues and simplify the hassle of payment processing all while creating a better customer service experience.

Fuze helps connect customers with the closest payment locations, online bill payments, simple cash payment solutions, and easy utility bill payment all while saving them fees and the hassle and stress of paying bills.

Innovation type: Back office, cards, payments

Ready to have your financial mind blown away? Lighter Capital is combining light-hearted irreverence PLUS a light-weight and flexible funding structure PLUS a social-based investment decision analysis to make it easier, faster and more fun for small businesses to access capital than ever before! Get ready!

Innovation type: Investing, lending, small business

Micronotes (2).jpg
KulaX is a cross-sell engine that enables financial institutions to leverage their online banking platform to generate more leads faster without interfering with core banking functions. 

Online banking customers are targeted with the "next best product" where they are invited, at logout, to engage in an automated one-on-one microinterview with their financial institution about their financial products needs and preferences. Upon interview completion, customers are presented with special offers for the FI's products and services that have been tailored based on interview responses; requested offers are emailed to customers.

Innovation type: Marketing, rewards

Modo converts redemptions to payments, and makes payments mobile.  Our demo will show how easy it is to onboard consumers and merchants, as well as the simplicity of paying with modo.  

And of course, most importantly, why you should GET modo and PAY with modo, in the first place: MORE!

Innovation type: Mobile, payments, rewards

When your brand is in the palm of your customer's hand: make the most of mobile technology. Mootwin helps your business enhance the mobile customer experience, re-enforce loyalty, and accelerate revenue growth.

Innovation type: Communications, marketing, mobile

MShift and ACI Worldwide formed an alliance in 2010 to offer mobile delivery of ACI Enterprise Banker, the industry leading business banking solution.  

They are now partnering to create a ground-breaking mobile business banking native application for the tablet. The application is focused on robust and graphically rich presentations of financial data as well operational tasks like ACH, wire release and bill payment, all with access from anywhere at anytime.

Innovation type: Banking, mobile, payments

MyCyberTwin will demo its Artificial Intelligence solutions, called virtual agents, and give a detailed explanation about how current leading financial institutions are using the technology today and will use the technology in the future.

It is a powerful demo to show an audience how a computer thinks and answers questions in real-time, helping customers get the answers they need while helping companies garner the intelligence of the customers visiting their websites. This demo will also showcase an emotionally responsive AI virtual agent able to capture emotion including smiling, frowning, and expressing gratitude.

Innovation type: Communications, marketing, sales

The oFlows paperless loan and deposit originations system has expanded beyond financial institutions.  Because oFlows has seamlessly integrated credit, fraud and payment systems, now anyone can use oFlows for just about any transaction.

Think of the last time you were handed a clipboard with a paper form on it. Next time it might be a tablet computer running oFlows.

Innovation type: Banking, lending, mobile

Planwise(mifii) (1).png
Consumers have plans, life plans, and want to understand how those plans affect their finances in the future, so they can make better decisions.

Planwise is launching tools that will help any consumer, from the teen buying a laptop, the 20-something buying a car, the couple buying their first home to the astute property investor, to better understand how their decisions today might look in the future financially.

The consumer can then connect with the lender or adviser of choice to quote, get advice or apply.

Innovation type: Lending, marketing, PFM

Putting money aside for a rainy day is easier said than done. Many Americans do not have any money saved for emergencies. 

Plastyc aims to change this by introducing automated savings built into prepaid card accounts. Setting aside a few dollars every day, week or month will be just a single click away. Money accumulated in the savings purse of the card account will reward savers with cash at unprecedented rates.

Innovation type: Banking, cards, online UI

ReadyForZero is an online program for the 77% of American families who are paying down debt. For individuals and families, ReadyForZero facilitates the management and reduction of debt. 

For financial institutions, the program is a low-touch and consumer-friendly alternative that reduces net credit loss and improves customer retention.

Innovation type: Online UI, payments, PFM

Rebirth Financial, noted by the Federal Reserve Bank of San Francisco as a company to "change the US finance system," is shaking up the small business lending game again! 

In February, Rebirth launched the nation's first peer-to-business lending platform. Shortly after, Rebirth uniquely integrated SBA and CRA lending into the P2B mix. 

Now, Rebirth is introducing the JAS Rating System! It's a system that will redefine the way we analyze small business and a must-see for financial institutions lending to small businesses and companies wondering whether they should extend credit to a new client. It's just another game changer from Rebirth Financial.

Innovation type: Back office, lending, small business

T8 Webware is bringing native mobile services to the masses by giving consumers real-time access to their financial purchase capabilities. Grip, a financial decision-making tool supports consumers' daily needs, empowering them to understand their money flow simply and without clutter. 

Grip enables financial institutions to provide convenient information on the go; addressing consumers' mobile needs through a highly secured mobile and tablet app. With no reliance on core integration, financial institutions can offer Grip almost immediately and without any upfront fees. It can be deployed in three weeks and costs 99 cents each month for customers who use the app.

Innovation type: Communications, mobile, PFM

The Transecq solution, powered by ENTERSECT ITA, has revolutionized two-factor authentications by utilizing the power of the end user's mobile device, fully encrypting the device and creating a multi-factor authentication tool. 

Strong 2-Factor authentication delivered ubiquitously across the globe puts the power of approval in the appropriate hands.Thus providing protection and security way beyond passwords and account challenges.

Transecq is the industry leading innovator and developer of mobile security solutions for the financial services market.  All the services leverage the security of Digital Fingerprint technology which uniquely ties a user and his/her mobile phone to an encryption key.

Innovation type: Communications, identity, security

Weemba revolutionizes the way borrowers and lenders find each other and interact in a social-network-like online format. Borrowers create a profile and post a loan project under a nickname. 

Profiles may include everything from the Borrower's income and education level (individuals) to their number of employees and annual sales (businesses). Lenders search projects by credit score, amount needed, purpose and more. 

When a Lender finds an interesting project, the Lender then may ask the Borrower for access to their real identity. If the Borrower grants access to the Lender, all further contact and any negotiations take place outside Weemba.

Innovation type: Lending, marketing

At FinovateFall 2011, Yodlee will demonstrate customization without effort. The company has developed a way for banks to automatically tailor a consumer's initial experience with personal financial management.

Or, as the company likes to say:

    Online banking can be such a chore
    Checking balances is often a bore
    With new customization
    You'll cause a sensation
    Yodlee FinApps offers MUCH more

    All new at Finovate
    Banking that will motivate
    Inspire and personalize
    You'll see how to stylize
    Your customers will tell you you're so GREAT




Backbase will provide TCS Bank in Russia with a website integration solution through Bank 2.0 Portal. Link rolled out Sage Peachtree Sync, software for controlling bill payment and management. Link


BrightScope released its second annual list of the Atlanta-based companies with the best 401k plans. Link


CashEdge expanded Popmoney service by adding Popmoney for Prepaid. It also announced a partnership with TxVia. Link 


Check Point Software Technologies

Check Point was listed on Acadian Asset Management's Top 15 Buys list.  Link


Cortera announced a new version of its PULSE app, a customer monitoring service. The new version will add Growth Clues alert.  Link



DebtGoal hired Igor Vaks, former Experian CIO, as new COO. Link


eToro emerged as the preferred platform for building forex wealth through web trading.  Link


Expensify advertised on giant billboard in the Bay Area. Link



Fiserv announced improvements to its Relationship Rewards. Link

ID Analytics

CoreLogic partnered with ID Analytics to integrate ID Network with LoanSafe Fraud Manager. Link

ID Analytics will host Advance 2011, its 9th Consumer Risk Management Conference, this September.  Link

IP Commerce

IP Commerce recently raised another round of funding. Link

Lending Club

Lending Club issued a record high of $17.5M loans in April. It is the 4th record month in the past 5. Link

Lending Club won Webby Award for the Banking/ Bill Paying category. Link


Mint won Webby Awards for the Financial Services category. Link


MoneyAisle launched live auctions for unsecured personal loans to help consumers across a wide range of credit scores. Link



PayNearMe raised $16M in funding from new and current investors. Link


Plastyc won a patent for improved online payment methods. Link


Prosper increased loan volume by more than 50% compared to 3 months ago, issuing over $5M in new loans in April. Link


Yodlee is looking into developing mobile apps with new "FinApp Store" strategy. Link

To see Finovate alumni company news in real-time, follow our feed on Twitter here.

Betterment and partner for "set it and forget it" investment accounts. The accounts have no minimum balance.

Bling Nation rolls out the "fan connect" platform in Chicago. The Chicago rollout is part of a broader national rollout to come.

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.

Cardlytics wins Red Herring Global 100 winner. -- Cardlytics is a pioneer in in-statement merchant-funded rewards.

CashEdge and NYCE join forces to provide person to person payment technology. Popmoney will now be available to 3,000 NYCE financial institution clients.

ClairMail announced that revenue tripled in 2010. The company attributes the growth to the launch of their mobile connectivity architecture in early 2010.

DebtGoal launches The new site acts as the flagship domain and provides a tools and content supporting debt reduction.

eRollover launches Advisor Center. Ask retirement questions online in the new Advisor Center.

Fiserv and WorkLight partner to make mobile application deployment and development faster.

Frost and Sullivan names mFoundry "Entrepreneurial Company of the Year" in the mobile banking category.

Guardian Analytics announces 150%  growth. The company attributes the rapid growth to the success of its FraudMap technology.

Jack Henry's launches new services to help small businesses accept online payments.

Lending Club increased the maximum loan amount from $25,000 to $35,000.

mFoundry launches standalone mobile deposit solution that can be implemented at a financial institution within 30 days.

Intuit's Mint and TurboTax team up to make taxes easier.

Mozo launches Money Q & A portal where users can ask questions or answer questions posed by others.

On Deck Capital secures $15 million Series-C funding. The funding round was led by SAP Ventures.

Plastyc closes $2 million strategic investment from Core Innovation Capital. Core Innovation Capital is the investment partner for the Center for Financial Services Innovation.

Silver Tail Systems announces the addition of a user-specific monitoring system. adds sixty new online retailer cash-back partners, and six more gift card partners. Expedia,, Cabela's and Babies R Us are included in this latest offering.

SmartyPig's cash rewards card wins Paybefore award twice.

The Receivables Exchange partners with Biz2Credit, an online loan-matching portal.

Alumni News -- Week of January 9, 2011

To see Finovate alumni company news in real-time, follow our feed on Twitter here

Backbase is holding an engagement banking seminar on January 27. -- Attendance is free, but pre-registration is required.

Blippy has been nominated for a Crunchie award. -- The awards, given in a number of startup  categories, are a joint effort by three tech blogs: TechCrunch. VentureBeat and GigaOM.

FeeFighters (formerly TransFS) has raised an additional $1.6 million in funding. -- FeeFighters helps businesses comparison shop for credit card processing services.

Fifth Third Bank will offer Popmoney from CashEdge. -- Popmoney, an e-mail based money transfer system, will be available to Fifth Third customers in mid-2011.

Firstmark Credit Union selects Geezeo for PFM platform. -- The credit union, with  90,000 members with $700 million in assets, will use Geezeo's white label platform .

iBearSoft releases Money 5.0 mobile app. -- The new release includes several speedups and new features.

Jwaala offers free trials of the Better Online Banking (BOB) platform for credit unions. -- The trial platform can be launched within two days of the request and allows prospective clients to see all of the available features.

Kabbage raises an additional $6.5 million to support its loan business targeted to eBay and other online sellers. -- This round was led by BlueRun Ventures and UPS Strategic Enterprise Fund.

Kashoo users get a 30% discount on electronic tax filing with eSmart Tax.

PerkStreet and Lending Club offer cash prizes for creatively shredding credit cards. or

Plastyc and eBillMe launch a new banking system for self-employed users. -- The platform allows users to receive clients' electronic payments directly.

SafetyPay signs deal with Brazil's Banrisul. -- This will allow Banrisul Bank's three million customers to make purchases in their own currency by way of SafetyPay's service.

SmartyPig launches its first iPhone app. -- Users can add to their savings,  manage goals and even contribute to another user's goal. The app also includes a location-based tool to find participating merchants.  An Android app is planned for February.

Tyfone receives a fourth patent for mobile e-wallet technology. -- This newest patent, is entitled, "Asymmetric cryptography with user authentication."

The Mii card, powered by Yodlee, becomes a digital passport for online authentication. -- See the Mii card in Action at FinovateEurope.

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

Alumni News -- Week of September 6, 2010

Here are the news updates for the week of September 6, 2010. To view in real-time, follow us here.

Congratulations to Andera on 400 customers! Andera is a provider of account opening and funding technology.'s new ZEN feature means "zero data entry" for users!

Expensify has raised $5.7 million and surpassed 100,000 users! The Expensify application simplifies expense-reporting processes. 

Kapitall has a new look. Kapitall has unveiled a new user interface including one-click trades, improved searches, drop-down menus and overview screens.   

See the technology behind Plastyc's banking for the unbanked. The story appeared on CNBC on September 8.

SafeCentral Inc (formerly Authentium) garners first of five patents for Trusted Security Extensions technology.

SafeCentral Inc. completes sale of antivirus business to Commtouch. The sale was completed for $4.6 million plus an additional earnout.

SecondMarket featured in Huffington Post as one of 31 innovative startups. The report is a result of the World Economic Forum's list where Second Market was featured.

TSYS and BancVue form strategic partnership to serve community financial institutions. The partnership will allow BancVue customers to use TSYS payment services.

Tyfone closes Series B investment from HDFC Holdings. - The company closed on a $5 million funding round.


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

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

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

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


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

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