Author: David Penn

TransferWise Now Supports Debit Cards for International P2P Money Transfers

By David Penn Posted on
Categories: TransferWise

transferwise_logo.jpg

TransferWise‘s P2P payment service now supports debit cards. 

This means that instead of having to use their Internet bank to send money to TransferWise when making international payments, users can now simply enter the information from their debit cards directly to the TransferWise website.

Currently only debit cards from VISA and MasterCard are accepted, and even then the cards must be 3D Secure enabled. There are a few other qualifications, all explained in the company’s brief FAQ (available here). 

TransferWise was one of the presenters at the FinovateEurope 2013 event in London in February. A video of the company’s demo will be available soon. In the meantime, here’s a link to our Live Blog post on TransferWise’s London presentation.

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Pageonce Update Provides for Card-to-Card Payments

By David Penn Posted on
Categories: Pageonce

Thumbnail image for Pageonce Logo.jpgPaying bills with Pageonce just got easier, courtesy of a March update that allows customers to pay their credit card bills with their debit card.

The new capabilities do come with a price (i.e., a transaction fee). The upgrade was released on March 7 for Android, and March 10 for iOS.
Pageonce announced that it had reached the $1 million a day milestone in January.  The company was last on the Finovate stage in the spring of 2010. See their demo here.

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Finovate Alumni News– March 15, 2013

By David Penn Posted on
Categories: Cartera Commerce, Check Point, GMC Software Technology, Lending Club, Mint.com, Mistral Mobile, QuantConnect, Temenos, TradeKing, Tyfone
  • Mistral Mobile announces partnership with Alaric.
  • GMC Software Technology reports user community growth of more than 700% since inception.
  • Opportunity International expands partnership with Temenos.
  • Communication Federal Credit Union rolls out Tyfone mobile banking tech.
  • CNBC features Renaud Lamplache, Lending Club CEO Renaud Laplanche.
  • BostInno features Cartera Commerce on what innovation means to them.
  • SC Magazine readers select Check Point for best enterprise firewall and best IPS solution in 2013.
  • QuantConnect partners with Battle-Fin.com in $20 million seed-capital trading tournament.
This post will be updated throughout the day as news and developments emerge. You can also follow all the alumni news headlines on the Finovate Twitter account.

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Finovate Alumni News– March 14, 2013

By David Penn Posted on
Categories: ACI Worldwide, CSI globalVCard, FIS, GMC Software Technology, Intuit, LearnVest, mFoundry, PayPal, SafetyPay, Standard Chartered Bank, Temenos, TIBCO Software
  • Thumbnail image for Finovate-F-Logo.jpgTemenos to partner with Caisse Financial Group, providing T24, Insight, Temenos Connect.
  • ACI Worldwide completes Online Resources Corporation acquisition.
  • Standard Chartered Bank moves Africa headquarters from Dubai to Johannesburg.
  • TechCrunch reports: Intuit launching Intuit Pay mobile payments service in the UK.
  • LearnVest aims to hit 100 planners by year-end.
  • TechCrunch reports: PayPal Here takes on Square Register with new iPad payments app.
  • SafetyPay and giropay join forces to secure internet payments in Germany.
  • TIBCO enhances real time loyalty marketing platform.
  • PrintWeek interviews GMC Software Technology COO Michael Watts.
  • CSI Enterprises set to announce updates to its globalVCard pay systems solution at the Innovation Project 2013 in March.
This post will be updated throughout the day as news and developments emerge. You can also follow all the alumni news headlines on the Finovate Twitter account.

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Manilla Adds More Than 54,000 Small Businesses to Network

By David Penn Posted on
Categories: Manilla

Thumbnail image for ManillaLogo.jpg

Since launching their Custom Accounts feature in December 2012, bill-management service Manilla has seen users add more than 54,000 local small business accounts to their network.

The expanded network means that Manilla customers are accessing a growing number of small and local businesses, thereby extending the service beyond the company’s current biller library of more than 3,500 national and regional businesses.

Manilla’s Custom Accounts feature allows users to add and manage future payments, from babysitter and lawn-care services to paying the rent. The feature also allows users to set up reminders for other upcoming obligations, such as tax filing or contributing to charity.

Android app users can use the Custom Account features immediately. Forthcoming updates from Manilla will enable iOS app customers to take advantage of the Custom Account functionality as well.

Manilla’s announcement comes in the wake of a recent survey of the company’s users. More than 65% said that they find it easier to access their financial service provider’s website through Manilla. More on Manilla’s survey is available here.

Manilla was last on the Finovate stage in September 2012 for FinovateFall. Watch their product demo here.

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DeviceFidelity Raises More than $470,000

By David Penn Posted on
Categories: DeviceFidelity

Thumbnail image for DeviceFidelityLogo.jpgMobile wallet developer DeviceFidelity has raised more than 470,000 as part of its current round of funding.

The amount raised represents nearly a quarter of the funds it hopes to raise in its current round, according to this report from the Dallas Business Journal.

This most recent funding news comes on the heels of word in January that the company had raised $1 million in debt financing.

DeviceFidelity made headlines recently with its partnership with Incipio. The two companies will work together to bring to market NFC-enabled cases for the iPhone.

DeviceFidelity was last on the Finovate stage at our Spring 2012 event. See the company’s presentation here.

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Henri Dura Named New CEO of GMC Software Technology

By David Penn Posted on
Categories: GMC Software Technology

Thumbnail image for GMC_logo.jpg

Former managing director of Neopost Document Solutions, Henri Dura has been appointed to the post of CEO of GMC Software Technology.

Dura will replace outgoing founder, president, and CEO René Müller, who will move to chair the company’s board of directors.

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Dura’s resume includes positions at Xerox, France Telecom, Kyocera, and Pitney Bowles. Before serving as Neopost Document Solutions’ managing director, Dura was the company’s chief marketing and strategy officer.

GMC Software Technology was acquired by Neopost in July 2012. The company will continue to operate autonomously under the new leadership.

GMC Software Technology was among the companies to present at FinovateEurope 2013 last February. Video of the company’s demo will be available soon. To see and read our Live Blog post of GMC’s presentation, click here.

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Finovate Alumni News– March 6, 2013

By David Penn Posted on
Categories: ACI Worldwide, Billhighway, Buxfer, Cartera Commerce, HelloWallet, Mint.com, Pageonce, PayPal, Temenos, TSYS
  • Thumbnail image for Finovate-F-Logo.jpgTSYS makes Ethisphere Institute’s list of the world’s most ethical companies.
  • Opportunity International becomes the first microfinance provider to license analytics solution, Insight, from Temenos.
  • ACI Worldwide presenting at Wedbush Securities Transformational Technologies Management Access Conference today.
  • PayPal signs agreement with Japan-based Softbank and Nihon PayPal KK to extend the PayPal Here mobile payment service to small businesses and entrepreneurs.
  • Cartera Commerce selected by AlwaysOn as OnMedia Top 100 Private Company for third consecutive year.
  • MyBankTracker compares Mint, HelloWallet, and Pageonce.
  • Billhighway announces availability of Give mobile fundraising application.
  • My Money Purdue talks about budgeting with Buxfer.
  • Pageonce COO Steve Schultz interviewed by PYMNTS.com.
This post will be updated throughout the day as news and developments emerge. You can also follow all the alumni news headlines on the Finovate Twitter account.

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Finovate Alumni News– March 4, 2013

By David Penn Posted on
Categories: Andera, ayondo, Blippy, Check Point, Comarch, Kiboo, Lending Club, Prepaid Resources, SecondMarket, Simple, SoMoLend, TradeKing

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  • Online Broker Review takes a look at the TradeKing iPhone app.
  • Ayondo’s investing and trading app TradeHub available on the iPhone.
  • Entrepreneur interviews Candance Klein, CEO of SoMoLend.
  • Brr Media interviews Kiboo founder and CEO Lisa Halpern.
  • TechCrunch chats with Simple CEO and co-founder Josh Reich to find out why Simple is better than your bank.
  • Lend Academy reports: Lending Club Issues $120 Million in New Loans in February.
  • American Banker reports: Bank of Zachary Selects Andera’s Account Opening System.
  • Check Point positioned as leader for 16th consecutive year in 2013 Gartner Magic Quadrant for Enterprise Network Firewall.
  • The WSJ reports: SecondMarket to Launch Student-Loan Securities Platform.
  • Blippy for iPad available at the iTunes App store.
  • Comarch announced as a sponsor of Loyalty Expo 2013 in Orlando, Florida.
  • Prepaid Resources announces partnership with IDology.
This post will be updated throughout the day as news and developments emerge. You can also follow all the alumni news headlines on the Finovate Twitter account.

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Three Finovate Alumni Make Top Ten Mobile Banking App List

By David Penn Posted on
Categories: BBVA, Pageonce, Simple

SimpleLogo.jpgLooking for the best in fintech innovation? According to American Banker, there’s a Finovate alum (or three) for that.

Simple, Pageonce, and BBVA Compass were featured in a slide show highlighting the “top ten most progressive mobile banking apps.”

Thumbnail image for Pageonce Logo.jpg

How did these three make American Banker‘s short list? According to the reviewers, “account application features, design, and ease of use” were among the main factors that helped distinguish the top ten (including these three Finovate alumni) from the rest of the mobile banking app field.
Watch Simple’s most recent Finovate demo here. And Pageonce’s presentation at FinovateSpring 2010 is here. 

Thumbnail image for Thumbnail image for BBVALogo.jpg

BBVA debuted stockbuzz.es on the Finovate stage in London at FinovateEurope in February.  Take a look at our Live Blog post from the event here.

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Online Resources’ Face-Saving Collection Solution Gets an Upgrade

By David Penn Posted on
Categories: ACI Worldwide, Online Resources

online_resources_logo.jpg

Online Resources‘ Virtual Collection Agent does debtors a favor by getting rid of the inconvenience and potentially unpleasant interaction with a living, breathing debt collector.

So now, with the recently announced update VCA 5.0, Online Resources is poised to do a few favors for the financial institutions and billers, as well.

Among the new features are:

  • Tracking support for marketing campaigns and automated online offers
  • The ability to manage multiple accounts for individual customers with single sign-in for the consumer
  • Multi-language capability, and the option for WCAG 2.0 Level AA compliance certification

VCA offers consumers privacy, intelligent automation, and a tailor-fit resolution when paying in full is impossible. The update comes as Online Resources is en route to becoming part of ACI Worldwide, courtesy of a $260 million dollar deal announced earlier this year. 

Online Resources is one of 20 “Finovate charter alums,” having presented this very technology at the very first Finovate event in 2007.

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Finovate Alumni News– February 28, 2013

By David Penn Posted on
Categories: Acuity Systems, Azimo, BBVA, BillFloat, Comarch, Doxo, Efigence, Kashoo, Keynote DeviceAnywhere, MasterCard, Pageonce, PayPal, PaySimple, ShopKeep POS, Taulia, TESOBE
  • Thumbnail image for Finovate-F-Logo.jpgMasterCard to deploy Mobile PayPass technology in Brazil, the company’s first NFC payment project in Latin America. 
  • Social Commerce Today takes a look at Azimo and the multi-billion dollar remittance market. 
  • Woopra, the customer analytics blog, profiles BillFloat. 
  • BBVA Compass picks Keynote’s DeviceAnywhere platform for mobile app testing. 
  • Kashoo announces “flash sale” for its iPad accounting app. 
  • Mobile Payments Today highlights the Pay Anyone app from Pageonce. 
  • Comarch invests PLN 1 million in a bid to strengthen its customer support services.
  • Wired magazine features Acuity Systems’ Harlan Hutson talking about authentication and moving beyond the digital wallet.
  • Efigence-implemented Alior Currency Exchange wins best innovation of the year award for 2012 from Polish Academy of Sciences and editors of Business Forum magazine.
  • BBVA named Model Bank of the Year by Celent.
  • ShopKeep POS wins Stevie Award for Best customer service.
  • Fortune 100 company chooses Taulia to provide extensive invoicing capabilities.
  • PaySimple launches starter promotional pricing to help newer companies grow and manage their businesses.
  • TESOBE’s Open Bank Project organizes FinTech hackathon in London on the 19th of March at Level39.
  • Doxo introduces provider online bill pay and view.
  • PayPal expands relationship with Coinstar to add coins or dollars into or withdraw money from their PayPal accounts.
This post will be updated throughout the day as news and developments emerge. You can also follow all the alumni news headlines on the Finovate Twitter account.

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