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 Netbanker reports: SmartyPig Launches OneClick, Goal-Based Savings Account Browser Plugin.
- Bridge Community Bank becomes first in the U.S. to adopt TASCET's Financial ICONN.
- EZBOB offering interest-only small business loans to online merchants.
- Fenergo's FATCA solution featured in Datamonitor.
- ING BusinessMobile for iOS and Android leverages Comarch Mobile Banking.
- Corduro wins partnership, investment from Shopforbags.com.
- Standard Chartered Bank launches "Remote Causes" to promote charitable giving through Internet Banking.
- Ribbit Capital initiates $100 million venture capital fund.
- Dwolla brings government payments partnership to Iowa.
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.
- American Banker reports: ImpulseSave Launches Chrome Plugin to Encourage Savings.
- SaveUp allows users to vote for potential prizes.
- SmartyPig introduces the SmartyPig OneClick Chrome extension.
- Get Rich Slowly blog features Tuition.io.
- Forbes covers Virtual Piggy, calling it PayPal for Kids. Come see Virtual Piggy demo at FinovateEurope.
- Springwise features Movenbank. Come to FinovateEurope and see Movenbank's live demo of its new platform.
- American Banker reports: STAR Financial Bank Rolls Out PFM Software from MoneyDesktop.
- Virgin Mobile, C Spire test BillFloat as financing option.
- Mastercard moves to ease EMV migration within U.S.
- Azimo announces £300,000 ($480,000 USD) angel investment round. Come see their demo at FinovateEurope in February!
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.
- SmartyPig blog describes how you can use Manilla to reach your savings goals. Check out Manilla at FinovateFall.
- CREALOGIX recognized in Gartner Hype Cycle report for widget-based internet banking & online PFM.
- TechCrunch reports: PayPal partners with Discover to bring in-store payments platform to 7mil merchants in 2013.
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.
- Virtual Piggy expands merchant base with Blee Inara's handcrafted original jewelry.
- Umbel forms NetAlliance partnership with Akamai. Come to FinovateFall to see Akamai's live demo.
- Fast Company talks with Alexa Von Tobel, LearnVest CEO. Check out LearnVest's live demo at FinovateFall.
- USA Today features Social Money's SmartyPig.
- Startup America features Bolstr. Come see Bolstr's live demo at FinovateFall.
- The Independent looks at how CurrencyFair helps cut cost of cash transfers abroad.
- The Financial Brand looks at how ImpulseSave hopes to create spontaneous savers.
- GigaOM reports Corduro aims to win over big organizations that want to modernize their payment systems.
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.
- 2 Minute Finance interviews TIO Networks at FinovateSpring.
- 2 Minute Finance interviews Flint Mobile at FinovateSpring.
- Check Point provides FXCM with integrated network protection.
- IND Group's technology initiates the world's first Facebook money transfer.
- Kashoo named most promising startup at 2012 BCTIA Technology Impact Awards.
- DCisions awarded an Australian patent for business method.
- SmartyPig, Social Money's goal-based savings product, increases its interest rate to 1% APY.
- TechCrunch reports PayPal rolls out a touch-friendly website redesign.
- US News lists Buxfer, YouNeedABudget, Pennyminder, Yodlee, Geezeo, Mint as personal finance tools you should use.
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.
 Des Moines-based Social Money, the creator of GoalSaver technology and owner of SmartyPig, announced a partnership with ICICI Bank in India yesterday. The 2,700-branch bank will have access to Social Money's GoalSaver product (pictured right). While the bank has not yet disclosed how it will use the product, Bank Innovation shares an inside scoop:  "Broadly, GoalSaver hopes to enliven checking accounts with social networking features and a better user interface. The product boasts a goal feature, for example, which lets a customer share his goal savings progress with his networks on Facebook and Twitter, if he wishes."
ICICI Bank, located in 20 countries, plays a large role in Social Money's international strategy. It will launch the product later this year.  To learn more about Social Money, come to FinovateSpring and watch its live demo. To learn more about SmartyPig, watch its FinovateFall 2010 demo.
- Advisors4Advisors describes inStream Solutions as the future of professional wealth management software.
- Bank Technology News highlights tech startups Dwolla, T8 Webware, and SmartyPig in the silicon prairie.
- Main St looks at how TIO Networks helps the underbanked consumer.
- HSBC UK introduces Fast Balance app from Monitise.
- U.S. Bank now offers FreeMonee to cardholders.
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.
- CEO Interview: Peter Kwakernaak of AcceptEmail.
- P2P-Banking reports Prosper CEO Chris Larsen steps down, will be replaced by Dawn Lepore.
- Zopa states its P2P lending platform will help the food manufacturing industry spur innovation.
- FreeMonee listed as 1 of 10 companies to receive the Netexplo 2012 Award for leading the world in digital innovation.
- SmartyPig's cash rewards card now offers 1% cash-back on all purchases.
This post will be updated throughout the day as news and developments emerge. You
- American Banker reports SmartyPig adds office in India.
- American Banker reports PayPal digs even further into the prepaid card market.
- TechCrunch Europe covers ETRONIKA's FinovateEurope presentation.
- VentureBeat lists Danny Shader, CEO of PayNearMe, as an entrepreneur using startups to change the world.
- Since Aptys Solutions 2010 launch, over 1,000 commercial banks now use PayLOGICS platform to process payments.
- Diversinet Corp. appoints Dr. Hon Pak as the company's CEO.
- Cartera Commerce named to OnMedia 100 Top Private Companies List.
- AccMan looks at how CurrencyFair solves multi-currency cost issues.
- INDYCAR partners with Segmint to reward race fans.
- MasterCard forms alliance with Silver Tail Systems.
- Peter Thiel's Valar Ventures contributes to Xero's recent $16.6 million in funding.
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.
 Iowa-based SmartyPig, a social savings innovator, made two announcements today: - Changed its corporate name to Social Money Systems
- Launched GoalSaver, a bank-branded social savings and transaction platform
GoalSaver features include: - Customizable user interface
- Financial education
- A Dashboard to view goal details (see screenshot 1)
- Shared goal page (see screenshot 2)
In addition to benefitting banks, GoalSaver is also available to industries such as insurance, prepaid cards, and merchants who need layaway solutions. To learn more about SmartyPig, watch its FinovateFall 2010 demo. (Screenshot 1: goal dashboard)  (Screenshot 2: shared goal page)
- SmartMoney (Feb 2012) article, "Attack of the 6.5-point Typeface" cites research from Transparency Labs.
- Rescuecom asks if Dwolla can become the new PayPal.
- CNN Money names SmartyPig "Best Savings Alternative".
- Missouri News channel KY3 recommends using Prosper and Lending Club as a creative way to fund your business.
- NY Times blog talks about LearnVest as a financial planner for the middle class.
- AARP lists ChargeSmart as a future way to pay bills using unwanted gift cards.
- FeeFighters hosts webinar about ecommerce on January 16.
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.
Each month we survey the Web-traffic performance of Finovate alums using data from Web-analytics company Compete.
Out of 268 alumni, 80 had more than 10,000 unique U.S. visitors in September 2011 and are included in the tables below. Of those, 33 (41%) had more visitors in September than August. Year-over-year, 42 (52%) had traffic increases.
Private Companies
- Seeking Alpha and Cortera had the highest traffic in September with 2.1 and 2.0 million unique visitors, respectively. Cortera also had the highest increase in number of unique year-over-year visits with over 1.5 more visits in 2011 than in 2010.
- Kabbage had the highest percentage growth year-over-year, up 280x.
- Weemba saw the highest monthly growth percentage with more than 7.5 times the number of unique visitors in September compared to August.
- SmartCredit.com had the highest increase in number of unique year-over-year visitors, growing by 126,000.
 Source: Compete.com retrieved the week of October 26, 2011
1) The previous month recorded was August 2011 2) Sears Credit Score is powered by CreditKarma.com 3) Truaxis was formerly BillShrink 4) Kasasa is powered by BancVue
Public companies
- CheckFree had the highest percentage growth year-over-year, with over 7 times the number of visitors this year than last year.
- Intuit had a notable increase in number of unique, year-over-year visitors, increasing by 300,000 visits.
- Check Point had the highest month-over-month percent growth, with 41% more visitors in September than in August.
 Source: Compete.com retrieved the week of October 26, 2011
1) The previous month recorded was July 2011. _______________________________________________________ Notes: 1. We reviewed 268 Finovate alumni. Only those with at least 10,000 unique visitors in July are listed. 3. NM = not measurable 4. t= tie 5. Compete estimates online visitors based on the activity of a panel of more than 2 million U.S. Internet users. It is only an estimate of traffic and may undercount at-work usage.
Each month we survey the Web-traffic performance of Finovate alums using data from Web-analytics company Compete.
Out of 268 alumni, 75 had more than 10,000 unique U.S. visitors in August 2011 and are included in the tables below. Of those, 41 (55%) had more visitors in August than July. Year-over-year, 45 (60%) had traffic increases.
Private Companies
- Seeking Alpha -- the most-trafficked in August with 2.5 million unique visitors -- also had the highest increase in number of unique month-over-month visits with 300,000 more visits in August than in July.
- Budgettracker.com saw the highest monthly growth percentage with more than 6.5 times the number of unique visitors in August compared to July.
- Betterment had the highest percentage growth year-over-year, up 88x.
- Cortera had the highest number of unique year-over-year visitors, growing by 1.5 million.
Source: Compete.com retrieved week of October 3, 2011 1) The previous month recorded was July 2011
Public Companies - Fiserv had the highest month-over-month percent growth, with 50% more visitors.
- CheckFree had the highest percentage growth year-over-year, with over 5 times the number of visitors.
- S1 also had a high percentage growth year-over-year, doubling its visitors.
Source: Compete.com retrieved the week of October 3, 2011 1) The previous month recorded was July 2011. _______________________________________________________ Notes: 1. We reviewed 268 Finovate alumni. Only those with at least 10,000 unique visitors in July are listed. 3. NM = Not measurable 4. t= Tie 5. Compete estimates online visitors based on the activity of a panel of more than 2 million U.S. Internet users. It is only an estimate of traffic and may undercount at-work usage.
Each month we survey the Web-traffic performance of Finovate alums using data from Web-analytics company Compete.
Out of 255 alumni, 59 (23%) had more than 10,000 unique U.S. visitors in July 2011 (see tables below). Of those, 19 (32%) had more visitors than in the previous month and 25 (42%) were flat. Year-over-year, 26 (44%) had an increase, 10 (17%) were flat, and 23 (39%) were down.
Private Companies Notable successes: - Seeking Alpha had the most traffic in July with more than 2 million unique visitors.
- eToro saw the highest monthly growth percentage with 3 times the number of unique visitors in July compared to June.
- Bundle had the highest increase in number of unique month-over-month visits, with 450,000 more visitors in July than in June.
- eRollover had the highest percent year-over-year traffic increase, with 260,000 more visitors from last July.
Source: Compete.com retrieved week of August 15, 2011 1. The previous month recorded was May 2011 2. Sears Credit Score is powered by CreditKarma.com 3. Kasasa is powered by BancVue
Public Companies Notable successes: - PayPal had the highest number of U.S. visitors in July, with more than 30 million visitors.
- Jack Henry & Associates saw the highest monthly growth with twice as many visitors in July than June.
- Wipro Technologies had the highest year-over-year growth, with 3 times as many visitors this year compared to last year.
- FIS Global and Online Resources also doubled their traffic compared to last year.
Source: Compete.com retrieved the week of August 15, 2011 1. The previous month recorded was May 2011. _______________________________________________________ Notes: 1. We reviewed 255 Finovate alumni. Only those with at least 10,000 unique visitors in July are listed. 3. NM = Not measurable 4. Compete estimates online visitors based on the activity of a panel of more than 2 million U.S. Internet users. It is only an estimate of traffic and may undercount at-work usage.
ChargeSmart AOL's Daily Finance highlighted Chargesmart's secondary gift card market that allows  consumers to pay for bills in exchange for gift cards. Link
CheckFree Family Wealth Report stated that CheckFree is leading the way in UMA processing. Link
Credit Karma - CBS Money Watch discussed Credit Karma's data on America's debt. Link
- Fox Business News listed Credit Karma's credit score simulator tool as a 15-minute fix for your credit score. Link
doxo Practical Ecommerce listed doxo as one of 17 apps for productivity. Link
Dwolla - Dwolla hit $1 million in payments per day and Ben Milne, CEO, shared a sneak peak of future plans. Link
- Ace Community Credit Union provided customers with access to Dwolla through its site.
- Dwolla CEO Ben Milne explained why starting a business in Iowa isn't hard. Link
- Dwolla introduced a new Autoload feature. Link
- Dwolla was listed on The Next Web as one of eight awesome ways to pay with your phone. Link
eToro eToro Partners began testing a new foreign exchange affiliate tool called Custom Links. Link
Expensify - The Info.rmatics blog testified to Expensify's ease of use. Link
- ipCommerce showcased Expensify's innovation. Link
GoalMine  Mango Money added GoalMine to its list of services. Link
HelpMyCash HelpMyCash revamped its website to be more consumer-friendly. Link
IDTheft 911 Barnstable County Mutual Insurance Company selected Identity Theft 911 for its LifeStages service. Link
iPay Technologies TechCrunch reported that Bill Ready, former President of iPay Technologies, joined Accel Partners as an Executive in Residence. Link
Lending Club - ATM Options discussed seven good reasons to invest through Lending Club. Link
- Netbanker discussed Lending Club's record high growth. Link
Lendio - Lendio added TAB Bank to its network of lenders. Link
- Reuters reported that Swift Capital and Lendio partnered to help small businesses. Link
mFoundry  - American Banker considered Bank of America's recent investment in mFoundry. Link
- Credit Union Journal discussed Colombia Credit Union's adoption of mFoundry's mobile banking. Link
Mint.com - Mint.com introduced a manual transactions feature for its iPhone app. Link
- TechCrunch reported Mint.com's debut of a new feature that tracks bills and sends reminders. Link
Monitise - Monitise signed over 6,000 users in Nigeria to a mobile payments trial. Link
- TechMarketView discussed Monitise's financial success. Link
peerTransfer Yahoo! Finance reported peerTransfer's growth in international student payment processing. Link
Prosper - Netbanker discussed Prosper's record high growth. Link
- Prosper raised its interest rates by 2.5 percent. Link
SmartyPig SmartyPig introduced its back-to-school cash giveaway contest. Link
ThreatMetrix ThreatMetrix announced its upcoming user conference October 9th through 10th. Link
TradeKing TradeKing launched a new video series to help consumers understand options trading. Link
Tyfone  Oregonlive.com described Tyfone as a major player in mobile payments. Link
Wikinvest Forex Promos shared an interview with Mike Sha, Wikinvest CEO. Link
Xero Reuters reported that Xero agreed to acquire Paycycle, a payroll company. Link
Zecco Wealth Building Tips and Strategies blog shared Zecco's options trading video series. Link
ZimpleMoney ZimpleMoney adjusted its services in response to the Dodd-Frank reform. Link
Each month we survey the Web-traffic performance of our alums, using data from Web-analytics company Compete to review the sites they operate. Out of 255 alumni, 62 (24%) had more than 10,000 unique U.S. visitors in May 2011 (see tables below). Of the 62 reviewed, 25 (40%) had fewer visitors than in the previous month and 28 (45%) saw a decline year-over-year. Private Companies
The 44 private companies are as follows: Notable successes: - Cortera saw the highest number of unique U.S. visitors in May, with almost 2 million hits.
- HelloWallet experienced the greatest month-over-month growth, with more than four times as many visitors.
- Betterment saw its traffic increase an impressive 38 times from May of last year.
Private Finovate Alumni With More Than 10,000 Unique Visitors in May 2011 
Source: Compete.com retrieved June 29, 2011
Public Companies
The 18 public companies are as follows: Notable successes: - PayPal experienced the highest number of U.S. visitors in May, with over 32 million visitors.
- TransUnion Interactive saw the highest month-over-month growth with more than two times the number of visitors in May than in April.
- Sybase 365 experienced the highest year-over-year growth, with its traffic up almost 80% from last year.
Public Finovate Alumni With More Than 10,000 Unique Visitors in May 2011
 Source: Compete.com retrieved June 29, 2011 _____________________________________________________________________________ Notes: 1. We reviewed 255 unique sites. Data was unavailable or irrelevant for 201 sites because: - They had been acquired.
- They were no longer available online.
- They were not covered by Compete for various reasons (including some that were not U.S. domestic companies).
- The number of unique visits was too small to be considered accurate.
- They were subdomains of larger websites.
2. Numbers have been rounded to three significant digits. 3. The charts include companies that did not have measurable traffic in May 2011, indicated by "N/A." 4. Compete draws its information from the online activity of a panel of more than 2 million U.S. Internet users. It is only an estimate of traffic, and may undercount at-work usage.
ActivePath A top Brazilian card issuer implemented an ActivePath solution. Link
AlphaClone AlphaClone incorporated new sentiment scores into its stock view pages. Link
Bills.com Bills.com released the results from its Consumer Money Survey that gauges money attitudes and behaviors. Link
Blaze Mobile Blaze Mobile was awarded a patent for NFC on stickers. Link
BOKU BOKU released 1-Tap Mobile Billing for the Android and took it live in 56 countries. Link
Braintree Braintree received $34M in Series A funding from Accel. Link
Currensee  Reuters outlined the benefits of Currensee. Link
Credit Karma Credit Karma CEO Ken Lin advised consumers how they should deal with credit card offers. Link
doxo doxo won the Stevie Award for New Product of the Year for financial services in the 2011 American Business Awards. Link
Dwolla Dwolla said its Grid payment network is more secure than Visa and MasterCard's card networks. Link
Dynamics Dynamics raised $35M for computerized smartcards and payment systems. Link
eToro  Reuters outlined the benefits of eToro. Link
eWise gotoBilling, Inc. added eWise's Secure Vault Payments as another payment platform. Link
Expensify The Wall Street Journal listed Expensify as a must-have mobile tech tool for entrepreneurs. Link
Fiserv Fiserv entered into an agreement to acquire CashEdge for $465 million to advance its digital payments and channel strategies. Link
Guardian Analytics  Yahoo! Finance reported that Guardian Analytics' FraudMAP is helping financial institutions meet FFIEC guidelines. Link
HelloWallet HelloWallet was added to Mercer's Outsourcing business benefits administration. Link
Intuit Intuit purchased Mobile Money Ventures' web banking technology to augment its mobile banking capabilities. Link
Kony Solutions  The American Business Awards selected Kony Solutions as the Most Innovative Company of the Year. Link
Lendio The Launch blog highlighted Lendio. Link
Outright Outright rolled out a new report function allowing clients to view sales by state. Link
PayPal PayPal reached 100 million active users. Link
Profit Stars Profit Stars introduced its new Remote Deposit Anywhere solution. Link
Prosper - Former Lending Club director Joseph Toms joined Prosper as its Chief Investment Officer. Link
- The San Francisco Times reported on Prosper's growth. Link
Q2ebanking  Q2ebanking was noted as a service to help community financial institutions meet FFIEC Guidance. Link
SimpleTuition SimpleTuition expanded its student loan payment options by partnering with Discover Card. Link
SmartyPig SmartyPig was recommended by Mint.com as a way to save for impulse purchases. Link
TradeKing TradeKing implemented SunGard's MarketMap to deliver market data to its active trading platform. Link
UBank Mashable highlighted UBank's feedback forum. Link
Voice Commerce Voice Commerce launched a payment solution for the iPhone. Link
Wikinvest  PC mag reviewed Wikinvest's mobile app. Link
Xero Tech Day assessed Xero's Debtor Daddy service. Link
AcceptEmail AcceptEmail partnered with WorldPay to launch an e-billing and online payment service. Link
Balance GeekWire interviewed Balance Financial CEO, Devin Miller. Link
BancVue BancVue executives won Ernst & Young Entrepreneur of the Year. Link
BankOns Examiner.com referred to BankOns as the new GroupOn. Link
BillShrink
BillShrink was featured in The New York Times. Link
BrightScope Forbes reported on BrightScope's list of exchange-traded funds held in America's 401k plans. Link
CheckFree
CheckFree expanded its functionality to support account-to-account and peer-to-peer transfers. Link
Clairmail joined the RSA Secured Partner Program to provide secure access to mobile banking. Link
doxo - doxo CEO explained paperless billing in a video interview, highlighting the mobile app. Link
- doxo was featured on the Top Productivity Apps website. Link
- Northwest Innovation reviewed doxo's mobile app. Link
Dwolla TechCrunch reported that Dwolla hit a milestone of $1M in transactions per week. Link
Enloop - Business News Daily interviewed Enloop CEO, Cynthia McCahon, about creating a "living business plan". Link
- Huffington Post spotlighted Enloop. Link
eRollover eRollover launched an online solution for financial advisors to grow practices. Link
eWise announced its partnership with Affirmative Technologies to speed the adoption of
alternative payment methods. Link
Kiboo Kiboo launched a public site called "Know Your Money". Link
Lending Club - Lending Club posted a video of their five-word acceptance speech at the Webby Awards. Link
- The Wall Street Journal noted Lending Club as leading the way in P2P lending. Link
- mFoundry helped Starbucks build an app for Android. Link
- mFoundry passed the 400 customer milestone. Link
Mitek Mitek's mobile check deposit was cited as the number one feature that would cause you to switch banks. Link
Monitise - ComputerWeekly discussed the survey Monitise conducted on mobile banking. Link
- Forbes discussed Monitises' deal with Visa. Link
peerTransfer - peerTransfer is hosting a free webinar on international student payment processing this Wednesday, June 22. Link
- peerTransfer won the Innovation Award from Massachusetts Innovation & Technology Exchange. Link
Prosper
- Prosper announced that it is giving away an iPad2 to new investors. Link
- The Wall Street Journal noted Prosper as leading the way in P2P lending. Link
SafetyPay SafetyPay was selected by BorderJump as its preferred payment solution for cross border transactions. Link
SmartyPig Fox Business News suggested using SmartyPig.com as a tool to help "pump up" savings. Link
Tagit Tagit helped Commonwealth Bank launch its first mobile app. Link
ThreatMetrix - ThreatMetrix announced its cloud-based fraud prevention platform. Link
- ThreatMetrix launched "ThreatMetrix Fraud Facts," a free downloadable report. Link
Tyfone - Tyfone was awarded an NFC over-the-air and over-the-wire seminal patent. Link
- American Banker reviewed Tyfone's mobile payment patent. Link
- NFC Rumors looked at how Tyfone uses SD cards to enable NFC transactions. Link
To follow updates from Finovate alumni companies in real time, be sure to follow us on Twitter.
Doxo signs Oregon Federal Employees Credit Union (OFECU). Members will be able to receive statements and banking documents via the service. http://bit.ly/finovate421111
eToro surpasses 1.5 million users. The company cites the growth of thousands of members joining per day since the launch of eToro's social platform, OpenBook. http://prn.to/finovate421113
Yodlee partners with Boursorama to provide Money Center service. Boursorama customers will receive the Money Center PFM service free of charge. http://bit.ly/finovate420115
To see our Alumni companies' updates in real time, follow us on Twitter.
Southwest Louisiana Credit Union joins Kasasa with fun and games on April Fools' Day. SLCU has served the Lake Charles, LA, region since 1952. http://bit.ly/finovate45111
To see Finovate alumni company news in real-time, follow our feed on Twitter here.
Cardlytics and NetSpend partner to bring reward offers to the underbanked. The partnership will create opportunities for targeted offers to reach users of prepaid debit cards. http://bit.ly/finovate28112
CashEdge and NYCE join forces to provide person to person payment technology. Popmoney will now be available to 3,000 NYCE financial institution clients. http://bit.ly/finovate211112
SmartyPig.com adds sixty new online retailer cash-back partners, and six more gift card partners. Expedia, Hotels.com, Cabela's and Babies R Us are included in this latest offering. http://bit.ly/finovate131113
To see Finovate alumni company news in real-time, follow our feed on Twitter here.
AlphaClone is mentioned on Wall Street Journal front page article, "Pack Mentality Grips Hedge Funds." - The story ran Jan 15, 2011 and details the similar strategies in hedge fund management. http://bit.ly/finovate118113
Bill.com partners with Track1099 for easy, paperless IRS-1099 filing. - Users can report independent contractor payments in two easy steps direct from their bill.com page. http://bit.ly/finovate118112
iPay Technologies launches Biz 2.0 Crossover to help small businesses convert to business online bill payment. - The system identifies businesses using consumer online bill pay and targest them for upgrade to the business version. http://bit.ly/finovate119111
Kony solutions raises $19.1 million for mobile application platform. - Kony creates mobile applications for numerous industries including banking and investments. http://tcrn.ch/finovate119115
Mint and TurboTax team up to make taxes easier. - Mint allows for tagging of deductible transactions and free e-filing via Turbo Tax. http://bit.ly/finovate121111
SmartyPig's cash rewards card wins Paybefore award twice. - Congratulations to Smartypig for winning in two categories, "best general purpose reloadable program" and "best consumer value in prepaid." http://bit.ly/finovate12112
To see Finovate alumni company news in real-time, follow our feed on Twitter here.
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. http://tcrn.ch/finovate113114
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 . http://bit.ly/finovate1101
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. http://bit.ly/finovate113113
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. http://tcrn.ch/finovate113111
Plastyc and eBillMe launch a new banking system for self-employed users. -- The platform allows users to receive clients' electronic payments directly. http://bit.ly/finovate112112
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. http://bit.ly/finovate111111
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. http://bit.ly/finovate110112
Tyfone receives a fourth patent for mobile e-wallet technology. -- This newest patent, is entitled, "Asymmetric cryptography with user authentication." http://bit.ly/finovate112111
The Mii card, powered by Yodlee, becomes a digital passport for online authentication. -- See the Mii card in Action at FinovateEurope. http://www.miicard.com/
To see Finovate news updates in real-time, follow our feed on Twitter. Backbase explores mobile banking in its fall webinar series. http://bit.ly/finovate1293 BlazeMobile creates smart payments sticker.http://bit.ly/finovate12133 BrightScope releases top 30 retirement plans. http://bit.ly/finovate12143 Capital Access special report on "Black Friday" and small business sales data. http://bit.ly/finovate1282 SunTrust has added the "Transfer Now" product suite from CashEdge including person-to-person and me-to-me transfers. http://bit.ly/finovate12165 ClairMail and Cardlytics partner to provide transaction marketing opportunities. http://bit.ly/finovate1281 Expensify is hiring for multiple positions. - The company is currently looking for Web developers and computer engineers at several levels. http://bit.ly/finovate1216 FIS launches innovative new mobile banking product. -- Users can establish mobile account management with their debit card, no online banking signup needed. http://bit.ly/finovate1291 Geezeo selected by University Federal Credit Union as PFM provider. http://bit.ly/finovate12151 GoalMine hosting cash contest via Facebook to spread the word. http://bit.ly/finovate1292 Kapitall closes series A funding round. -- The company did not release funding amounts or sources. http://bit.ly/finovate12163
Congratulations to Mint founder, Aaron Patzer, winner of a TechFellow Award for General Management. http://tcrn.ch/finovate1296 Mozo powering new "Compare, Ditch and Switch" campaign. -- The services allows Australians to shop around for better banking services. http://bit.ly/finovate1283 Just in time for the Holidays, PopMoney gift cards at www.giftcardmall.com. SmartyPig launches cash rewards card with only a one-time activation fee of $4.95. http://bit.ly/finovate12134 Victrio receives $5 million investment for voice-printing technology. http://bit.ly/finovate12141
FIS launches innovative new mobile banking product. -- Users can establish mobile account management with their debit card, no online banking signup needed. http://bit.ly/finovate1291
Y Combinator and Yodlee cooperate to provide financial data services to startups.
To see Finovate news updates in real-time, follow our feed on Twitter.
GoalMine launches with $25 reward to users who establish a $25 per month investment plan. -- The program not only encourages ongoing investment, but highlights the convenience of the company's online GoalPack gift card system. http://bit.ly/finovate11152
Ixaris launches Secret Path Developer Challenge. -- Secret Path rewards developers who build payment applications on Ixaris Opn for social media networks, mobile devices and ecommerce. http://bit.ly/finovate11172
PayNearMe garners $16 million in venture capital. -- Khosla Ventures led the funding round. The company will also be launching a mobile payments application. http://bit.ly/finovate11161
SmartyPig adds 21 new "Best in Class Retailers" just in time for holiday shopping. -- Retail partners boost users' savings by up to 14% when the savings goal is withdrawn via their gift card. http://bit.ly/finovate11155
Tempo Payments powers reward card for Sheetz convenience stores. -- The decoupled affinity debit cards are independently-branded rewards debit cards, which link to the customer's checking account. http://bit.ly/finovate11151
 We're pleased to announce that the demo videos from FinovateFall 2010 are now available for free download (or immediate consumption) from the Finovate archives.
This fall's NYC conference showcased 56 handpicked companies doing 7-minute demonstrations (no slides allowed) of their latest technology innovations to a sold-out audience of 650 financial & banking executives, venture capitalists, press, analysts and entrepreneurs.
Check out these cutting-edge ideas in financial, banking, payments, mobile, lending, investing and security technologies today for inspiration and your next edge on the competition!
(P.S. If you're interested in joining us at the next Finovate event, tickets are now on sale for FinovateEurope (Feb, 1, 2011 in London). It is going to be an amazing showcase of European and global fintech innovation!)
 Eric Mattson is CEO of Online Financial Innovations, the parent company of NetBanker, Online Banking Report and the Finovate Conference Series. He can be reached at eric@netbanker.com.
Firethorn joins up with Pennsylvania State Employees Credit Union to offer mobile banking. PSECU's 370,000 members will now have mobile banking service with Firethorn's mobile application. http://j.mp/finovate10153
Outright.com now supports Harvest integration for time tracking. Billable hours, payroll and more can be tracked with the Harvest application which now integrates seamlessly with Outright. http://bit.ly/finovate10123
Orange County Credit Union adopts Tyfone Mobile Payments. Orange County Credit Union, founded in 1938, has 79,000 members and $950 million in assets. http://bit.ly/finovate10122
ZashPay and PopMoney profiled in the San Francisco Chronicle as powerful alternatives to PayPal. See the pros and cons of a number of different mobile money-transfer services. http://j.mp/finovate10151
Here are the news updates for the past week. To view our updates in real-time, follow us on Twitter here.
First Tennessee Bank and mFoundry deployed a fully integrated mobile banking platform in less than 60 days. First Tennessee's middleware provider was Finovate alum Fiserv. The three firms worked together to rapidly deploy the new banking platform. Results indicate that the launch went smoothly. http://bit.ly/finovate9154
 U.S. credit-card debt sank to an eight-year low, so SmartyPig is celebrating by holding a cash-prize contest.
New and existing SmartyPig users are invited to vie for the cash prize totaling $4,951, the average amount each U.S. household owes on credit cards.
Contest entrants must set up a new automatic savings goal named "race out of debt" with an initial contribution of $25. Eight finalists will be chosen at random and the big winner will be chosen in typically bizarre SmartyPig fashion, by a pig race taking place on September 28. During the first week, more than 6,000 SmartyPig users established a qualifying goal.
Contest rules can be found online here.
This isn't the first outrageous contest by SmartyPig; in fact, it's just an expansion of its regular contests. SmartyPig holds monthly giveaways for three $100 gift cards on Facebook and Twitter, and uploads videos of their oddball methods of choosing winners (blindfolded dart contest, or two-story watermelon toss, anyone?). Videos are posted here.
With 75% of its customers between the ages of 18 and 35, and 95% between 18 and 45, SmartyPig relies on Twitter, Facebook and contests to spread the word. As of Aug. 1, total deposits stand at $500 million. SmartyPig users have also reached more than $300 million in goals, all with nearly $0 in advertising expenditures.
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 eric@netbanker.com.
Here are our news updates for the week of August 9, 2010. To get our updates real-time, follow us here.
SafetyPay is entering the U.S. market. The retail pilot program will help to monetize and secure online payments. See their demo at FinovateSpring 2010 http://bit.ly/finovate8111
TransFS raises $510,000 for credit card processing comparison site. The TechCrunch story indicates that TransFS hopes to replicate for business what BillShrink has done for consumers. http://tcrn.ch/finovate893
Here are our news updates for the week of July 25, 2010. To get our updates real-time, follow us here.
CashEdge's
AllData Aggregation, and Lodo's OurCashFlow powers new capabilities
for Jack Henry & Associates. The arrangement will power online financial management (OFM) tools. http://bit.ly/finovate7301
Fiserv has announced that 150 credit unions now use their Mobile Money product. Mobile Money allows financial institutions' customers to check balances, pay bills, and make transfers from their mobile devices. http://bit.ly/finovate7256
Dominion Credit Union selects Geezeo as PFM platform Dominion CU serves over 21,000 members. Geezeo is providing personal financial management technology to credit union members. http://bit.ly/finovate72801
Picatinny Credit Union selects Geezeo as PFM Platform. Picatinny is the eighth largest credit union in New Jersey, serving 16,000 members. http://bit.ly/finovate7282 Kapitall gains $5 Million in angel funding. Investors include board members. Kapitall expects to close a $5 Million series-A round within six months. http://bit.ly/finovate7271
New from Kapitall: track and trade with TD AMERITRADE. Now within the Kapitall platform, users can track, trade and buy/sell stocks, mutual funds and ETFs. http://bit.ly/finovate7276
With Kasasa, Ocean Pacific Credit Union offers banking incentives via iTunes credit. Opening an account credits your iTunes account with $19.95, and additional $4.95 each month thereafter. (Better than a toaster!) http://bit.ly/finovate7275
Lending Club named a top 250 "Always On" Company. Winners will all be announced at the Summit at Stanford in Palo Alto, California, from July 27-29. The conference represents companies recognized by Always On as private companies with the highest growth potential. http://bit.ly/finovate272
SecondMarket announced as the overall winner of the Always On Technology competition. Winners will all be announced at the Summit at Stanford in Palo Alto, California, from July 27-29. The conference represents companies recognized by Always On as private companies with the highest growth potential. http://bit.ly/finovate7252
Here are the news headlines posted this week on Twitter (follow our feed here).
MoneyAisle appears in Kiplinger's Retirement Report (print only). The story appears in the June issue and explains the new "auto loan search" features at MoneyAisle. More from MoneyAisle at http://bit.ly/FINOVATE671
BBVA Compass Bank replaces West Bank as SmartyPig's banking partner. BBVA Compass is the 15th largest bank in America. http://bit.ly/FINOVATE672
Kapitall unveils "search by brand" feature. The new search helps investors to identify the parent company of their favorite brands. http://bit.ly/FINOVATE681 or www.kapitall.com
SecondMarket CEO Barry Silbert interviewed by Dan Rather [vid]. See more on SecondMarket's management of "illiquid assets." http://bit.ly/FINOVATE691
MoneyAisle featured in Wallet Pop. Read more about shopping for an auto loan from MoneyAisle at http://bit.ly/FINOVATE692.
SmartCredit.com featured on the Oprah Winfrey Show. See SmartCredit.com at work with Oprah and Jean Chatzky as part of the "Debt Diet" series on the program. http://bit.ly/FINOVATE693
Ebay recognizes Outright.com as most innovative app. Outright.com received an award for most innovative application at the Ebay developer's conference. http://bit.ly/FINOVATE6101
MPower Ventures in the running for Business Week's "Most Promising Social Entrepreneurs." Twenty-five companies are finalists. Read more at http://bit.ly/FINOVATE6102 or www.mpowerlabs.com.
Micronotes raises another $1.6 million in funding. Yahoo Business reports on the startup's fund raising success. http://bit.ly/FINOVATE6103
TransFS.com helps merchants shop for better credit-card processing. TransFS claims that user merchants can save up to 40% by shopping around for merchant services. http://bit.ly/FINOVATE6111 Billeo expands merchant directory. Billeo users can now pay their bills online with more than 10,000 merchants. http://bit.ly/FINOVATE6112
Peer-to-Peer lender Prosper.com seeks regulation as a lender to avoid SEC. Prosper has asked to become regulated as a lender to ease the regulatory burden of being regulated as an investment firm. http://bit.ly/FINOVATE6113
Here are the news headlines we posted this week on Twitter (follow it here).
Bling Nation provides mobile payments to Community State Bank - Community State Bank in Lamar, CO, is offering the Bling Nation mobile payments service. The bank's program includes more than 40 merchants accepting Bling Tag payments. http://bit.ly/bzAIDn
Dow Jones and IAC shut down FiLife - Dow Jones and IAC closed their financial information site FiLife.com. The site allowed visitors to discuss financial issues and concerns. The FiLife iPhone app is no longer available in the iTunes app store. http://bit.ly/cSjsPk
Geezeo partners with Unitus Community Credit Union - Geezeo has entered a partnership with Unitus Community Credit Union. Geezeo will provide financial tools to the credit union's members, including its PFM, community, and integrated marketing platforms. http://bit.ly/9FeyaJ
Mint switches to Intuit for data aggregation - Mint is now using aggregation software from its parent company Intuit. The PFM can now pull data from 16,000 financial institutions. Previously, Mint partnered with Yodlee for back-end account aggregation. http://bit.ly/9BTJwV
Mortgagebot reports increase in loan applications - Mortgagebot's online mortgage shopping service, Mortgage Marvel, reported an increase of consumer visits of 140% from 2008 to 2009, resulting in a 66% increase in overall loan applications taken by participating lenders. http://bit.ly/b4DP7S
Online Resources names interim CEO - Online Resources has named John Dorman as interim chief executive officer, replacing former interim CEO Raymond T. Crosier who resigned from the company. Dorman will also continue to serve as co-chairman of the company's board. Online Resources continues to search for a permanent CEO. http://bit.ly/cpiLJZ
Prosper Raises $14.7 Million - Prosper has raised $14.7 million in a Series D round. The funding came from Prosper's previous investors as well as two new ones, TomorrowVentures and CompuCredit Holdings. Prosper has raised a total of $57.7 million to date. TomorrowVentures is the investment vehicle for Google CEO Eric Schmidt. http://tcrn.ch/bXjOGp
SmartyPig raises its interest rates -SmartyPig announced plans to raise the interest on certain accounts. Beginning May 19, APY will be increased to 2.15% for accounts with balances of less $50,000. http://bit.ly/dpCq5g
ThreatMetrix provides fraud detection to BigCrumbs.com - ThreatMetrix is providing fraud-detection services to BigCrumbs.com, a company that provides consumers loyalty rewards for shopping online. ThreatMetrix will help identify purchases made with stolen or suspect credit cards. http://bit.ly/aaZZBn
Vidoop's assets used to launch Confident Technologies - Security software company Vidoop, whose assets were acquired in January, is being relaunched as Confident Technologies. The company uses image-recognition technology to allow graphics to be used for password authentication. http://bit.ly/9xWOz3
WorkLight's new development platform - Worklight launched the Worklight Solution for E-Commerce, a development system for cross-platform applications. The solution allows companies to design applications for mobile devices, desktops, social networks and personalized homepages as part of a single development project. http://bit.ly/9Qesn3
Fiserv, Jack Henry, FIS and ClairMail Provide 86% of Mobile Banking to Community Banks - Banc Investment Group conducted a survey of 687 community bankers. Of the institutions already offering mobile services, 36% use a technology platform from Fiserv, 24% from Jack Henry, 16% from FIS/Metavante and 10% from Clairmail. http://bit.ly/aZTAut
And news from our newest soon-to-be alumni presenting at FinovateSpring 2010:
Continuity Control launches ComplianceTax.com - Continuity Control launched ComplianceTax.com, a website that helps educate banks and credit unions about the expenses involved in complying with government regulation. http://bit.ly/9CNOFk
TSYS processes payment cards for Japanese bank - TSYS was selected by SBI Sumishin Net Bank to process its payment card portfolio. TSYS will handle the issuance of retail membership cards, private-label credit cards, and association-branded cards. SBU Sumishin is a Japanese Internet-based bank with more than 750,000 accounts. http://bit.ly/8YrjcT
Visa to acquire CyberSource - Visa has agreed to acquire CyberSource for $26 per share, or about $2 billion. CyberSource provides electronic payment and security services. The deal is expected to close in Visa's fourth fiscal quarter. http://bit.ly/ams1Y9
Here are the news headlines we posted this week on Twitter (follow it here).
DebtGoal raises first round of VC funding - In its first round of institutional funding, DebtGoal raised $2 million. The round was led by Tugboat Ventures, with participation from seed investor New Cycle Capital. To date, DebtGoal has raised a total of $3.1 million. http://bit.ly/bZxzq4
Diversinet awarded two patents - Diversinet was awarded two patents for mobile technology. One patent was awarded for a system that detects and classifies mobile devices, allowing apps to be matched with handsets. The other is for security technology for mobile digital data delivery. http://bit.ly/cDkHOU
Finovate Alums Among Webby Award Honorees - Finovate alumni FiLife, Kapitall, Lending Club, and SimpliFi are among the 12 honorees in the Financial Services category of the 14th annual Webby Awards. Fifteen percent of Webby nominees received honoree status. The actual Webby awards, presented by The International Academy of Digital Arts and Sciences, will be announced June 14th. http://bit.ly/cqC9Fa
GreenSherpa holds contest for savings tips - GreenSherpa is hosting a contest for reader-submitted money-saving tips. On April 21, two winning tips will be randomly selected. Winners receive annual subscriptions to GreenSherpa. http://bit.ly/cDakPl
Lending Club raises $24.5 million - Lending Club received $24.5 million in investment funds from Foundation Capital, Morgenthaler Ventures, Norwest Venture Partners, and Canaan Partners. The company says it will use the capital for new loan products, new investment tools, and website improvements. http://bit.ly/9zU4lO
Lending Club also recently announced its fourth Twitter contest, in which daily winners will be rewarded for tweeting about the company's ongoing photography contest. Twitter winners will receive shirts, messenger bags, and other products. http://bit.ly/d19g5g
Mint adds new feature to track cash spending - Mint added a new feature that allows users to manually enter spending data. Previously, all transactions had to be automatically uploaded from financial accounts. http://bit.ly/a3EtRb
Monitise reports more than 2 million registered users - Monitise has passed the 2 million registered user mark. The company stated that the increase in users was driven by increased uptake of its smartphone apps. Monitise serves more than 240 banks and financial institutions in the U.S. and U.K. http://bit.ly/cjMh7R
SecondMarket launches asset-backed securities market - SecondMarket, which provides a marketplace for trading in illiquid assets, announced that it launched a market for asset-backed securities. The move adds a ninth asset class to SecondMarket's platform. http://bit.ly/b2GHFc
The company also announced $70 million in private company stock transactions this March, the highest amount that SecondMarket has ever traded in one month. In contrast, the company traded $44 million in private stocks in February. The company reported that 41% of the transactions were Facebook stock trades. http://tcrn.ch/bpcXpQ
SeerGate announces new COO - Jim Fancher has joined SeerGate as its new chief operating officer. Fancher was previously general manager at FIS subsidiary Endpoint Exchange Network and has also served as senior vice president of marketing at VECTORsgi and CEO of Gilson & Associates. http://bit.ly/9FilPo
SmartyPig recognized at Prometheus Awards - SmartyPig was honored Breakout Company of the Year by the Technology Association of Iowa in its fifth annual Prometheus Awards presentation. http://bit.ly/bUi0Hf
ThreatMetrix provides fraud detection for OnlineLabels.com - ThreatMetrix is providing fraud detection for OnlineLabels.com, which produces laser and inkjet-printable labels. The company's online ordering system is automated, making it an easier target for credit card fraud. ThreatMetrix helps the company analyze transactions to detect suspect orders. http://bit.ly/bGRFMl
Transparent Financial Services adds business verification system - Transparent Financial Services, also known as TransFS, added a business-verification system that speeds up the company's submission process. The new system identifies businesses based on their name and ZIP code. http://bit.ly/amDwqf
Zopa honored for innovation - Zopa was recognized by the U.K.'s Nesta, the National Endowment for Science, Technology and the Arts, in its Open 100 competition, which honors firms for open innovation. Peer-to-peer lender Zopa was awarded in the open business category. http://bit.ly/bs82cL
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