On Finovate.com

• Cardlytics Closes $12 Million Round.

• Payfone to Power Mobile ID Authentication for Zelle.

Around the web

• PayNearMe facilitates $1.6M in child support payments for the state of Michigan.

• TSYS partners with Featurespace to deliver real-time decision capabilities.

• Expensify and Bill.com deepen integration for shared clients.

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.