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Fiserv launches Sales Enablement to help FIs accelerate revenue and reduce costs.
The $2.5 million investment, which includes participation from angel investors along with Frontline Ventures, brings CurrencyFair’s total capital to $4.8 million.
CurrencyFair co-founder and managing director, Brett Meyers said, “We allow our customers to take control of how they transfer their funds and save them money at the same time … (T)he investment will provide us with the opportunity to increase our awareness amongst our potential customer base and further develop and enhance our platform …”
CurrencyFair has processed more than £500 million since the service was launched in 2010. Enabling individuals to conduct currency exchange with each other, rather than involving a costly “middleman”, CurrencyFair estimates that it has saved consumers £20 million in bank fees and exchange costs.
Ally Bank integrates Fiserv’s Popmoney into its set of mobile payment options.Moven focuses on security, enhanced update accuracy in new iOS app.
“Safer and surer” may be the easiest way to describe the pair of new features coming to Moven.
“Safer” by way of new security measures that allow users to suspend and unsuspend an account via smartphone in case of card loss or theft. And “surer” courtesy of more accurate, real-time spending updates to make it easier to manage personal finances.
The new features will be available on Moven’s new iOS app due out this week.
Still just getting to know the companies that will be presenting at FinovateAsia 2013 in November? Here are another five fintech innovators scheduled to take the stage next month in Singapore.
And if you missed the previous two installments of our Sneak Peek preview, check out the links below.
FinovateAsia 2013 Sneak Peek: Part 2
Bill.com announced today its new, “next-generation” banking platform that works to return banks to their role as “the focal point of all their customer’s transactions.”
The new platform is geared toward solving two specific problems for banks and their clients: monetizing cash management and helping small and medium-sized business integrate and automate their financial processes.
Among the key new features of the platform is the App Center. This resource makes it easier for businesses to tap into and integrate a variety of third party applications. These apps include everything from document digitization and expense reporting solutions to major accounting systems like Sage, Xero, and QuickBooks. The ability to connect multiple third party apps and integrate them via the App Center enables banks to offer a number of cash flow management solutions to their business clients.
A big month for Flint Mobile just got a bit bigger with news that the mobile payments company just raised $6 million in funding from new and existing investors.
The round was led by Digicel Group, and included participation from Storm Ventures, SVG Partners, and True Ventures. Flint’s total capital raised stands at $9 million, which includes $3 million from a round completed in May 2012.
How many ways will the presenters of FinovateAsia 2013 express “innovation in fintech” this year?
Finovate returns to Singapore on November 14th for a one-day showcase of the latest in financial technology. And many of the themes that have defined the fintech conversation in 2013 will be well-represented at this year’s event:
Check surveyed* more than 50 utility company professionals in October, asking them about their utility’s mobile billpay strategy.
Or lack thereof. The survey revealed that only 25% of the respondent’s utility companies provided mobile bill pay options for their customers.
If the idea of having all your bills in one central location sounds good to you, then you’re not alone.
Respondents in a recent user survey* by account management specialist Manilla ranked this feature near the top of the “convenience scale” with it comes to handling bills.
For Jim Schinella, CEO of Manilla, this is evidence that “consumers value the ‘everything in one place’ paperless experience that Manilla provides.”
Alvaro Soltero of Leaf takes a look at the future of payments.