Finovate - Conferences Showcasing the Future of Financial & Banking Technology
FinovateFallFinovateEuropeFinovateSpring
Check out FinDEVr

Blog

TopicsTopics   TopicsArchives  

Recently in ThreatMetrix Category

Alumni News-- July 30, 2014

  • Finovate-F-Logo.jpgThreatMetrix granted patent for its ability to differentiate between trusted customers and cybercriminals 
  • Australia-based Vermilian acquired by banking technology firm Ultradata.
  • Boku brings its direct carrier billing-based mobile payments technology to India.
  • Mangopay teams up with Currency Cloud to provide international money transfer services to its customers.
  • Shivalik Mercantile Cooperative Bank to deploy "bank in a box" from FIS.
  • Blackhawk Network teams with Amazon to enable customers to manage and spend their gift cards in the new Amazon Wallet app.
  • Financial Guard to provide clients with both passive and active investing options.
  • Insuritas wins 2014 NAFCU Services Corporation (NSC) Innovation Award that highlights groundbreaking solutions for credit unions.
  • TechCrunch: Credit Karma offering free, weekly credit reports - no strings attached.
  • Franklin University chooses ACI Worldwide for online payment processing.
  • Wikipedia Foundation partners with Coinbase to allow bitcoin donations.
This post will be updated throughout the day as news and developments emerge. You can also follow all the alumni news headlines on the Finovate Twitter account.

Alumni News-- July 15, 2014

  • Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Finovate-F-Logo.jpgHow Big is the Braintree SDK? PayPal's Acquisition Launches Toolkit Reboot.
  • Fiserv partners with ChannelNet to provide self-service options for LoanLink borrowers.
  • MasterCard introduces its MasterPass e-commerce technology in South Africa.
  • Upstart Business Journal features Taulia.
  • TSYS' ProPay partners with ThreatMetrix to provide fraud prevention solutions to its customers.
  • Top Image Systems announces appointment of Lyron Bentovim to CFO.
This post will be updated throughout the day as news and developments emerge. You can also follow all the alumni news headlines on the Finovate Twitter account.

Alumni News-- June 18, 2014

  • Finovate-F-Logo.jpgThreatMetrix integrates with Ping Identity's PingFederate ID bridge to provide contextual employee authentication.
  • Kony brings in $50 Million in Financing Led by SoftBank Capital.
  • Eight Finovate alums earn spots on CNBC's Disruptor 50 list: Motif Investing, TransferWise, Personal Capital, Wealthfront, Lending Club, Coinbase, Bill.com, and Betterment.
  • Umpqua Bank announces plans to transition to a scalable core solution from FIS.
This post will be updated throughout the day as news and developments emerge. You can also follow all the alumni news headlines on the Finovate Twitter account.
  • Finovate-F-Logo.jpgThreatMetrix wins Judges Choice for Best Overall Fraud/Security Solution at 2014 CNP Awards.
  • HelloWallet acquired by Morningstar in $52.5 million deal.
  • PandoDaily takes a look at Venovate and its platform for enabling alternative investments.
  • Gonzobanker lists five ingredients in his Franken-banking product: all Finovate alums in Q2ebanking, Digital Insight, ACI Wordwide, and Alkami Technology, and Jwaala.
  • Fast Company profiles NICE Systems in a new feature on voice biometrics.
This post will be updated throughout the day as news and developments emerge. You can also follow all the alumni news headlines on the Finovate Twitter account.
  • Finovate-F-Logo.jpgLinkable Networks teams up with Ohana to deliver card-linked savings.
  • Actiance launches its Actiance Technology Partner Program.
  • Check Point Software Technologies launches new 41000 Security System, expanding its network security portfolio.
  • The Paypers interviews ThreatMetrix CEO, Reed Taussig.
  • Kantox announces formation of European Advisory Board.
  • doxo launches real-time business analytics and market data for service providers.
  • The Simple customer experience as experienced on a 3 week bike trip to 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.
FinovateFundingIMG.jpg

Want some context on the torrid pace of fintech financing in the first three months of 2014?

Consider this: a year ago, fourteen Finovate alums raised a total of more than $150 million in the first quarter of 2013.

A year later, we have just nine alums raising more than twice as much in the month of March alone.

March Madness, indeed.

Q1 of 2014 saw 23 Finovate alums walk away with just under $600 million in capital. The biggest haul of the quarter came courtesy of Klarna, which raised more than $125 million. 

But there were plenty of similarly impressive fundraisings, including the $85 million raised by Credit Karma, and the $77 million and $75 million secured by OnDeck and Tradeshift, respectively.

Total raised = More than $592 million

January -- $91 million raised by seven companies
February -- $139 million raised by seven companies
March -- $362 million raised by nine companies

Note: Funding prior to becoming a Finovate alum not included. Questions? Comments? Email us at David@finovate.com or Julie@finovate.com
idanalytics.jpg

Today, San Diego-based ID Analytics launched the newest version of its flagship fraud detection platform, ID Score.

This newest release improves the effectiveness of the company's existing identity fraud detection by:

    • Providing more insight into consumer behavior
    • Uncovering the risk level of the user's device
    • Finding associations between device usage and fraudulent occurrences

As a part of this effort, it has partnered with device authentication and intelligence providers, including ThreatMetrix, to incorporate their risk assessments into the consumer's ID score itself.

The end result, ID Score 9.0, is a fraud assessment that is composed of both identity and fraud risk.

ID Analytics demonstrated My ID Alerts at FinovateSpring 2011 and ThreatMetrix debuted its Fraud Prevention 2.0 at FinovateStartup 2009.

Finovate Alumni News -- March 31, 2014

  • Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Finovate-F-Logo.jpgThreatMetrix CTO Andreas Baumhof discusses the need for new authentication strategies for retailers.
  • NBC Chicago interviews Larry Baker, co-founder of Bolstr, on the basics of crowdfunding.
  • Trustly named to 2014 Red Herring Top 100 Europe award.
  • The Real Money Story reviews Jemstep.
  • Top Image Systems and Konica Minolta Spain partner to market eFLOW Invoice and Digital Mailroom business automation projects.
  • Upstart Business Journal looks at how developments from payment startup PayNearMe match up against big players.
  • A look at Xero's new integration with Square.
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 ThreatMetrix.jpg

We're still waiting to hear word from the company, but according to an SEC filing uncovered by Venture Beat, anti-cyberfraud specialist ThreatMetrix just raised $20 million in new funding. 

This rivals the company's last round from two springs ago in 2012, and takes ThreatMetrix's total capital to more than $56 million.

In an interview with CIO magazine, ThreatMetrix CEO Reed Taussig discussed how his company uses Big Data and context-based authentication to help companies move beyond VPNs, hardware tokens, and one-time passwords. Instead, ThreatMetrix technologies analyze data ranging from information about employee devices to "transactional or application context." 

This network of data is key to ThreatMetrix's effectiveness. Said Taussig, 

"Rather than deriving decision data from a single enterprise, ThreatMetrix customers share anonymous data globally. This increases the perspective, quality, and value of the data while driving down the cost of the  enterprise."

2014 has been a good year for ThreatMetrix. The company won most Innovative Anti-Malware Appliances Solution and Best Product Network Access Control Solution at the 2014 Cyber Defense magazine awards. ThreatMetrix took home bronze in the 2014 Global Excellence Awards in the Most Innovative Company of the Year (Security) competition.

Founded in 2005, ThreatMetrix is headquartered in San Jose, California, and has offices in New York City, Hong Kong, Sydney, and The Netherlands.

ThreatMetrix is one of Finovate's oldest alums, demoing their technology as part of FinovateStartup in 2009.

Update: In a piece published today at The Paypers, we get some additional information - and some interesting metrics - about ThreatMetrix.

  • The funding came as part of a Series E round
  • The round was led by Adams Street Partners
  • ThreatMetrix analyzes more than 500 million transactions daily
  • ThreatMetrix's technology secures more than 160 million active user accounts, covering 2,500 customers, and 10,000 websites.
Finovate-F-Logo.jpg
  • Netbanker considers why the BBVA Simple Bank deal is extraordinary.
  • American Association of Motor Vehicle Administrators selects Authentify for NSTIC Trusted Online Identities Pilot.
  • ThreatMetrix wins Most Innovative Anti-Malware Solution and Best Product Network Access Control Solution at 2014 Cyber Defense Mag Awards.
  • Tyfone unveils Fluide mobile banking platform.
  • PayPal to be the first payment provider on the latest Samsung Gear 2 smartwatches.
  • Lendio marks a year of record growth.
  • Kapitall announces $13 million in funding in round led by Linden Venture.
  • Wallaby launches Google Glass payment app.
  • ShopKeep POS wins global Gold Stevie Award for Sales & Customer Service for 2nd year in a row.
  • MasterCard partners with Syniverse to pilot location-based, anti-fraud service.
  • MoadBus to offer Allied Payment Network's PicturePay.
  • ACI Worldwide to power online banking for Trustco Bank.
  • Bankers' Bank to deploy Aptys Solutions' PayLOGICS originating and processing wire service.
This post will be updated throughout the day as news and developments emerge. You can also follow all the alumni news headlines on the Finovate Twitter account.
  • Finovate-F-Logo.jpgBanking Day reports: SocietyOne to take next step in development next month, when it announces the involvement of a strategic investor.
  • ThreatMetrix announces frictionless, context-based authentication to prevent unauthorized access to enterprise applications.
  • TSYS announces increased investment in Central Payment Joint Venture.
  • Fiserv Premier platform picked by New Jersey-based Sussex Bank.
  • CRIF acquires OFWI, aka, Teledata, from Axon Active Holding AG.
  • ZenPayroll brings in $20 million in Series A funding from General Catalyst and Kleiner Perkins.
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 Finovate-F-Logo.jpgMoney Under 30 reviews the Moven app.
  • Bloomberg BusinessWeek takes a look at Comarch's report on banking in London's "Tech City".
  • Taavet Hinrikus, co-founder of TransferWise, weighs in on the state of the UK's financial technology industry.
  • ThreatMetrix protected 1 in 4 U.S. e-commerce transactions on Black Friday and Cyber Monday.
  • Cartera Commerce launches American Airlines' Mobile AAdvantage shopping site.
  • The Guardian profiles "robo-advisors" Betterment, LearnVest, FutureAdvisor, Wealthfront, and Jemstep.
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.
AOGlobal2503.jpg

This year, 12 Finovate alums were selected among 250 other winners in the AlwaysOn Global 250 awards, and two Finovate alums were identified among 50 other Companies to Watch.

The awards honor the top 250 U.S.-based private tech companies, plus recognize 50 to watch. Some of the underlying themes in this group of 300 innovative companies include mobile technology, cloud-based solutions, and social network integration.

Here are the 12 Finovate alum winners of the 250 Awards, listed in alphabetical order:

BillFloat

    • Category: B2B Applications- SaaS and Enterprise
    • Headquarters: Lexington, MA
    • Founded: 2005
    • CEO: Tom Beecher
    • Total funding: $21.2 million
    • FinovateFall 2011 demo video
    • Category: Consumer Internet
    • Headquarters: Atlanta, GA
    • Founded: 2009
    • CEO: Rob Frohwein
    • Total funding: $53.7 million (plus $91.7 million in debt funding)
    • FinovateSpring 2013 demo video
    • Category: B2B Applications- SaaS and Enterprise
    • Headquarters: New York, NY
    • Founded: 2007
    • CEO: Noah Breslow
    • Total funding: $102 million
    • FinovateSpring 2012 demo video
    • Category: B2B Applications- SaaS and Enterprise
    • Headquarters: Denver, CO
    • Founded: 2002
    • CEO: Andre Durand
    • Total funding: $78 million
    • FinovateEurope 2012 demo video
Placecast 
    • Category: B2B Applications - Mobile
    • Headquarters: San Francisco, CA
    • Founded: 2005
    • CEO: Alistair Goodman
    • Total funding: $8 million
    • FinovateSpring demo video
    • Category: B2B Applications- SaaS and Enterprise
    • Headquarters: San Jose, CA
    • Founded: 2005
    • CEO: Reed Taussig
    • Total funding: $36.2 million
    • FinovateStartup 2009 demo video
    • Category: Consumer Internet
    • Headquarters: Redwood City, CA
    • Founded: 1999
    • CEO: Anil Arora
    • Total funding: $116 million
    • FinovateFall 2010 demo video
Here are the two listed in the Companies to Watch category:

All companies were selected by industry experts in the following organizations:

  • The AlwaysOn editorial team
  • Morgan Stanley
  • KPMG
  • GSV Capital
  • Greylock
  • Google Ventures
  • New Enterprise Associates
  • Flybridge Capital Partners
  • Accel Ventures
  • Bridge Bank
  • Venrock
  • SV Angel
  • Roth Capital Partners
  • Intel Capital
  • Menlo Ventures
  • Khosla Ventures
  • FirstMark Capital
  • Doll Capital Management
  • Benchmark Capital
  • Cooley
  • GGV Capital
  • Finovate Alumni News-- June 3, 2013

    • FinovateLOGO.jpgGMC Software announces the availability of its Customer Service Correspondence automated platform for "point-of-need" communications.
    • Commonection reviews Check (formerly Pageonce).
    • InComm launches Cashtie, an API that links retail cash payments via existing POS to software applications.
    • TIO Networks Expands Bill Payment Services into Louisiana Through Partnership With City of Ruston.
    • Intelliresponse reflects on its experience at FinovateSpring 2103.
    • BlinkMobile signs distributors in Brazil and South Africa.
    • Linkable Networks Named Winner of 2013 Red Herring Top 100 Award.
    • Devin Miller talks about Balance Financial in this Newfination video interview.
    • Tyfone to Launch SideTap MicroSD Card Versions for Contactless Payments Market.
    • ThreatMetrix Launches Intelligence Network to Detect Malicious Web Activity.
    • Jemstep Launches Update Giving You More "Buy" Choices.
    • The Financial Brand lists 7 reasons to love GoBank.
    • Terapeak talks about how its Insights API helps EZBOB help UK merchants.
    • Temenos announces TripleA private banking and wealth management solution to work on other databases.
    This post will be updated throughout the day as news and developments emerge. You can also follow all the alumni news headlines on the Finovate Twitter account.

    Finovate Alumni News-- May 24, 2013

    • Thumbnail image for Thumbnail image for Thumbnail image for Finovate-F-Logo.jpgMainStreet features "stock tip truth-o-meter" and FinovateSpring 2013 Best of Show winner TipRanks.
    • GMC Software Technology enters partnership with PostConnect to deploy Inspire technology.
    • AppScout takes a look at Flint's mobile app for iPad and iPhone.
    • Yandex.Money integrates with Еuropean payment provider Skrill.
    • Banking Business Review reports: Handpoint introduces Chip and PIN MPOS systems.
    • Newfination visits the Personal Capital offices, interviews Head Of Advisory Services, Kyle Ryan.
    • American Banker mentions how Lendio and Lighter Capital are changing the face of small business lending.
    • Internet Retailer reports: ThreatMetrix helps EMerchantPay reduce its clients' chargeback rates.
    • Klarna named "most innovative company" at annual Media Momentum Awards arranged by GP Bullhound.
    This post will be updated throughout the day as news and developments emerge. You can also follow all the alumni news headlines on the Finovate Twitter account.

    Finovate Alumni News-- February 26, 2013

    Thumbnail image for Finovate-F-Logo.jpg
    • TSYS reaches long-term deal with MLS Direct Network.
    • ProfitStars launches Gladiator Managed IT Services.
    • Expensify now available for BlackBerry 10 and the BlackBerry PlayBook.
    • Bank Innovation reports: New Banno President Charles E. Potts says Grip Will Triple User Base in 2013.
    • MyBankTracker lists Expensify as 1 of 3 finance apps that is way better than Mint.
    • ThreatMetrix introduces Behavioral Analysis in the ThreatMetrix Cybercrime Defender Platform.
    • Monitise triples value of payments and transfers over its technology platform from $10bn to $31bn.
    • Segodnya.ua features Liqpay in its review of the advantages and disadvantages of electronic money.
    • Coast Capital Savings Credit Union in Canada to deploy Temenos T24 core banking app.
    • Pockets United among the startups presenting at TechCrunch Mobile Barcelona this week.
    • Xconomy's "Innovations in Financial Technology" features TradeKing.
    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.jpgHere is a list of all the funding Finovate alumni received over the course of 2012.  

    After an impressive 2011, where more than $423 million was raised, 2012 was even better, with more than $450 raised.

    A few stand-out metrics for the year:

    • A total of 44 companies received funding, some more than once in 2012
    • Combined, more than $450 million was raised
    • The best quarter for raising capital was the first quarter when more than $150 was raised
    • The biggest funding month this year was March, with more than $68 million raised by three companies
    Here is a month-by-month breakdown of funding received.

    January -- $25 million raised by 3 companies
    Currensee: $2 million -- blog post
    Finsphere: $11.3 million -- blog post
    HelloWallet: $12 million -- blog post

    February -- $57 million raised by 5 companies
    Capital Access Network: $30 million -- blog post
    Dwolla: $5 million -- blog post
    Jemstep: $6 million -- blog post
    Kabbage: undisclosed -- blog post
    Xero: $16.6 million -- blog post

    March -- $68 million raised by 3 companies
    Boku: $35 million -- blog post
    eToro: $15 million -- blog post
    ThreatMetrix: $18 million -- blog post

    April -- $2.5 million raised by 1 company
    miiCard: $2.5 million -- blog post

    May -- $55.5 million raised by 5 companies
    Kony: $15 million - blog post
    Pindrop Security: $1 million -- blog post
    SecureKey: $30 million -- blog post
    SoMoLend: $1.17 million -- blog post
    Yodlee: $8.3 million -- blog post

    June -- More than $62 million raised by 8 companies
    Affinity Solutions: $14.5 million -- blog post
    Arroweye Solutions: $3 million -- blog post
    Cartera Commerce: $12.2 million -- blog post
    Credit Sesame: $12 million -- blog post
    Doughmain: undisclosed -- blog post
    Lending Club: $15 million -- blog post
    Nutmeg: $5.3 million -- blog post
    Planwise: $200,000 -- blog post

    July -- $6 million raised by 2 companies
    Continuity Control: $1 million -- press release
    SaveUp: $5 million -- blog post

    August -- More than $49 million raised by 6 companies*
    DemystData: undisclosed -- blog post
    FutureAdvisor: $5 million -- blog post
    FreeMonee: $34 million -- blog post
    The Currency Cloud: $3.1 million -- blog post
    CashStar: $5 million -- blog post
    Continuity Control: $2.25 million -- blog post

    September -- More than $59 million raised by 5 companies
    Banno: $2 million -- press release
    Betterment: $10 million -- press release
    Edo Interactive: $15 million -- press release
    Fuze Network: $2.5 million -- press release
    Kabbage: $30 million -- blog post

    October -- $37 million raised by 2 companies
    The Currency Cloud: $1.9 million -- blog post
    Braintree: $35 million -- blog post

    November -- More than $23 raised by 4 companies
    ActivePath: $10 million -- blog post
    Jingit: $7 million -- blog post
    Bazaarvoice: $6.7 million -- blog post
    Xero: $49 million -- blog post

    December -- More than $16 million raised by 4 companies
    Waspit: $3 million -- blog post
    Controlabill: $570,000 (A$600,000) -- blog post
    Zopa: undisclosed -- blog post
    ShopKeep POS: $10 million - blog post
    Clover Networks: $3.3 million - blog post

    *In addition to the companies listed for August, On Deck Capital raised $100 million in credit facility commitments.

    Note: Funding that companies received before they demonstrated at Finovate was not counted. Questions? Comments? E-mail us at Julie@Finovate.com or David@Finovate.com.
    • Interactive Investor purchases DCisions, closes InvestorBee service.
    Thumbnail image for Thumbnail image for Thumbnail image for Finovate-F-Logo.jpg
    • Finextra reports Rabobank Australia and NZ selects ThreatMetrix to secure online channels.
    • InComm & SkyMall Ventures partner to launch electronic gift card program.
    • Opus Research report recognises ValidSoft as leader in voice biometrics.
    • AloStar Bank of Commerce chooses Andera's oFlows for online account opening.
    • TIO adds mobile bill pay app to its suite of services for El Paso Electric.
    • Radian Mortgage Insurance now available through Mortgagebot's loan origination system.
    • E-invoicing Platform features AcceptEmail.
    • Xconomy examines how Giftly will disrupt traditional gift card market.
    • Luup signs partnership with Arab Link, provider of money transfer and exchange services in Abu Dhabi.
    • Crunched lists On Deck in top 25 startups to work for.
    • TechCrunch reports Holvi Plans To Disrupt Traditional Bank Accounts With Simple But Powerful Services.
    • Citi Innovation Lab and SapientNitro honored at National Infocomm Awards in Singapore for next-generation banking experience.
    • ActivePath merges with PowerInbox.
    • Experian expands debt-collection product suite with TrueTrace.
    • DeviceFidelity launches moneto prepaid MasterCard.
    • BlinkMobile announces five more councils to adopt BlinkForms.
    • Klarna earns 2012 Entrepreneur of the Year award from European Tech Tour Association.
    • Money Smart Life reviews Betterment and Kapitall.
    • American Banker reports Betterment deepens finance advice features.
    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.jpgInternational Adviser features The Currency Cloud.
    • Time Magazine looks at P2P lending strategies with Prosper and Lending Club.
    • ThreatMetrix Wins Bronze for the Enterprise Product of the Year in Best in Biz Awards 2012.
    • Blackhawk Network reaches multiyear agreement with Facebook gifting app, Wrapp.
    • Vestas Wind Systems signs with Tradeshift.
    • Bazaarvoice appoints CFO Steven Collins to CEO.
    • Acculynk announces First Data Corp Executive VP Mark Herrington to join Board of Directors.
    • TechCrunch: Flint Mobile exits beta to take on Square with its camera-based mobile payment app. 
    • Portfolio Football re-brands, officially launches Sports Lever.
    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.jpgBrightScope adds Dr. Stephen Coggeshall, CTO of ID Analytics, to Advisory Board.
    • ChannelAdvisor partners with Kabbage to enable retailers to secure funding for e-commerce growth.
    • Fiserv adds features to wealth management platform.
    • The Paypers interivews Andreas Baumhof of ThreatMetrix.
    • The New York Post features SecondMarket.
    • Compliance Week explains how Bolstr enables small business capital ahead of JOBS Act.
    • Digital Money Blog features podcast of Michael Laven of The Currency Cloud.
    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.jpgIDentity Theft 911 to offer Humana members ID management & credit monitoring services.
    • ThreatMetrix honored as bronze winner in the 4th annual 2012 Golden Bridge Awards.
    • Euromoney looks at SoMoLend as a funding alternative.
    • ReadyForZero answers questions about debt on Lifehacker.
    • Geezeo opens API to third party developers.
    • Monitise CFO John Brougham retires.
    • TIO transforms bill pay options for growing Hispanic marketplace through partnership with Progreso Financiero.
    • Arroweye Solutions' digital tech powers growth at GiftCard.com.
    • Allied Wallet partners with Swedish e-commerce payment services provider Klarna.
    • Janrain and Bazaarvoice team to enhance social shopping experience via social login.
    • Pageonce and Blackstone Tech Group partner to bring utility companies a mobile payment option for customers.
    • Idaho Central CU launches RDC powered by MShift.
    • MyBankTracker reports Fifth Third Bank Statements Now Available on Manilla.
    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 Banking Journal reflects on FinovateFall.
    • USA Today launches portfolio tracker powered by SigFig.
    • Tagit appoints new CEO, gears up for rapid expansion.
    • American Banker looks at Dwolla's ACH alternative.
    • Moment NYC blog considers tech from FinovateFall.
    • GigaOM reports Outright teams up with PayPal and Expensify.
    • Inc. Magazine features financing from Lighter Capital as a way to expand small business.
    • Huffington Post reports Kabbage faces competition from Amazon's new lending service.
    • InComm partners with Ifeelgoods to offer electronic gift cards.
    • WSJ names ThreatMetrix to "Next Big Thing" list. Ranks among top 50 startups in US.
    • Singapore-based PlayMoolah announces partnership with OCBC Bank.
    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.jpgThreatMetrix announces availability of the latest ThreatMetrix Cybercrime Defender Platform.
    • Dashlane wins Two Awards for Innovation in Data Privacy and Personal Data at DataWeek. Come to FinovateFall to see Dashlane's demo.
    • PaySimple appoints Sue Heilbronner as Chief Revenue Officer. See PaySimple's demo at FinvoateFall next month.
    • Taulia provides e-invoicing & supplier self-service capabilities to a select group of suppliers for large enterprises, free of charge.
    • Credit Union Times reports Geezeo reaches 100 clients.
    • 2 Minute Finance interviews TASCET at FinovateSpring 2012.
    • E-Loan partners with Credit Karma, Lending Club, and SimpleTuition.
    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.jpgAlbany Times Union reports CSI's globalVCard leads execs out of ID theft and into mobile payments.
    • $3.7 bil Patelco CU commits to ThreatMetrix's malware defense software.
    • Backbase powering online banking platform for Absa Group, a subsidiary of Barclays.
    • American Banker reports Firethorn Mobile to power Burger King's mobile app.
    • GlobalCollect offers BOKU as Mobile Payment Checkout to its Merchant Network.
    • Financial Services and Big-Data Executive Mary Anne Keegan joins BillGuard as CMO.
    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.jpgClairmail receives Frost & Sullivan Customer Value Enhancement Award.
    • T8 Webware adds Des Moines Office.
    • Ixaris names Kenneth Bonnici CFO.
    • ValidSoft partners with SOCURE to bring security and ID theft protection to social networks.
    • Intuit launches Mobile Banking Purchase Rewards for iPhone and Android.
    • ID Analytics names Larry McIntosh as CEO.
    • TSYS Acquiring Solutions launches Value Added Resource (VAR) Partner Connect Program.
    • Tyfone signs 10-year partnership with PT Number One in Indonesia.
    • ThreatMetrix forms partnership with Imperva.
    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.jpgCheck out VC funding trends in financial services startups.
    • Cartera Commerce raises $12.2 Million in growth equity.
    • Braintree expands payments gateway to merchants in 30 countries.
    • Lending Club receives $15 mil from Kleiner, Mary Meeker joins board.
    • ThreatMetrix positioned as a "Visionary" in the Magic Quadrant for Web Fraud Detection.
    • Clairmail awarded 2012 Best Mobile Application or Service.
    • mFoundry launches mobile banking solution for Eli Lilly Federal Credit Union.
    • City National Bank partners with Cachet Financial Solutions and Panini to deliver RDC to Mac users.
    • Bill.com receivables wins ninth annual Tax and Accounting Technology Innovation Awards.
    This post will be updated throughout the day as news and developments emerge. You can also follow all the alumni news headlines on the Finovate Twitter account.
    Thumbnail image for Thumbnail image for Thumbnail image for Finovate-F-Logo.jpg

    Since we are nearing the end of the first quarter, we wanted to look back at all of the Finovate alums who have raised funding over the past few months.

    Here's the month-by-month breakdown:

    January -- $25 million raised by 3 companies

    February -- $57 million raised by 5 companies
    March -- $68 million raised by 3 companies

    Note: Funding that companies received before they demonstrated at Finovate was not counted. If you see any funding that is not on this list, please send the name of the company along with a link to the funding information to julie@netbanker.com and I will add it.

    Thumbnail image for ThreatMetrix.jpg

    Cybercrime prevention company, ThreatMetrix, announced it recently closed an $18 million investment round, led by August Capital.

    Existing investors Tenaya Capital, US Venture Partners and CM Capital also contributed to the of Series D round.

    Reed Taussig, CEO of ThreatMetrix, states that the funding will go toward expanding globally into e-commerce, financial services and remote access solutions for enterprise employees.

    The company also announced that Vivek Mehra, August Capital general partner, will join the ThreatMextrix board of directors.

    To learn more about ThreatMetrix, watch its FinovateStartup 2009 demo.

    Thumbnail image for Thumbnail image for Thumbnail image for Finovate-F-Logo.jpg
    • SimpleTuition's PayBackSmarter.com now used by over 40 colleges & universities.
    • Meniga's PFM goes live within Skandibanken's online bank in Norway.
    • Mobile Enterprise Strategies interviews Kony's VP of Mobile Strategies, Sam Lakkundi.
    • Super Sprowtz to implement Virtual Piggy's child-safe e-commerce tool.
    • Swipely launches Main Street Marketing Manager.
    • Seeking Alpha passes 1 million members, doubles its size in less than 2 years.
    • ThreatMetrix lands $18 million in Series D 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.

    Thumbnail image for Thumbnail image for ThreatMetrix.jpgCybercrime solutions company ThreatMetrix announced yesterday it launched ThreatMetrix Labs, a program that informs financial institutions, government agencies, and retailers about that latest capabilities of malware:

    "To generate each report, a team of independent researchers analyze, examine and reverse-engineer the most sophisticated malicious software running on computer systems worldwide."

    The public reports are available for free download. The first report was released this month and covers man-in-the-browser threats.

    To learn more about ThreatMetrix, watch its FinovateStartup09 demo.
    • Thumbnail image for Thumbnail image for Thumbnail image for Finovate-F-Logo.jpgBank Technology News reports HomeDepot now accepts PayPal payments at all 2,000 retail stores.
    • Des Moines Register interviews Jordan Lampe, Dwolla's director of communications.
    • BancVue completes sale of $120 million credit card portfolio to First Arkansas Bank & Trust.
    • ThreatMetrix launches program to report malware capabilities.
    • Accounting Today selects Bill.com Receivables for its Top New Products of 2012.
    • Diversinet names Dr. Hon Pak as CEO.
    • Sallie Mae & peerTransfer partner to facilitate international tuition payments.
    • Reuters looks at FINRA and Brightscope to give more information on financial advisors.
    • Omaha.com looks at how Dwolla survived the downturn.
    • Weemba celebrates 6 months of operation, unveils operating stats.
    • Handpoint Headstart wins 2012 Channel Awards.
    This post will be updated throughout the day as news and developments emerge. You
    can also follow all the alumni news headlines on the Finovate Twitter account.
    Thumbnail image for Thumbnail image for Thumbnail image for Finovate-F-Logo.jpg
    • Independent research firm names ThreatMetrix a strong performer in risk-based authentication.
    • Tagit announces the latest release of its proprietary Mobility Platform for mobile commerce & payment services in Asia, Middle East & Africa.
    • Zecco releases its mobile app for iPhone & Android.
    • FX Empire awards eToro as best social trading platform.
    • Visa & Monitise sign deal with India's second largest private bank, HDFC, to introduce mobile money services nationwide.
    • On Deck launches On Deck Express, loans up to $25,000 in as fast as 24 hours.
    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.jpg
    • Balance Financial looks at lessons Facebook can teach about personal finance.
    • Pandodaily takes an in-depth look at BillGuard.
    • ThreatMetrix & TransUnion launch fraud prevention platforms.
    • Expensify claims to lead the ScanAnywhere alliance against toxic receipt menace.
    • Kony introduces version 2.0 of mobile banking application.
    • Ubergizmo reports: Kinect based online banking from Etronika a reality now.
    • IBM to purchase Worklight for undisclosed amount.
    • Dwolla raises $5 million in Series B from Union Square Ventures.
    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.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.
    Thumbnail image for Thumbnail image for ThreatMetrix.jpgOnline security company ThreatMetrix announced today that it acquired Australian-based TrustDefender. This acquisition brings three additional products to the ThreatMetrix Cybercrime Defender Platform:

      1. TrustDefender™ ID -- a cloud-based solution that validates returning customers in real time.
      2. TrustDefender™ Cloud -- a cloud-based solution that protects customer data from fraud, malware, man-in-the-browser and trojan attacks, and data breaches.
      3. TrustDefender™ Client -- a client-based solution installed on end-user computers that helps mitigate the risk of malware.
    TechCrunch reports that the sale was made using a combination of stock and cash from ThreatMetrix's $12 million round of funding last October.

    To learn more about ThreatMetrix, watch its FinovateStartup09 demo.
    Thumbnail image for Thumbnail image for Thumbnail image for Finovate-F-Logo.jpg
    • 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.

    Watch Demos

    Click above for video archives of all demos.

     

    Twitter


    See all Finovate tweets