Author: Julie Muhn (@julieschicktanz)

Finovate Alumni News– March 22, 2013

By Julie Muhn (@julieschicktanz) Posted on
Categories: Fiserv, Kapitall, Pageonce, Personal Capital, Temenos, TradeKing, Trustly, TSYS, Virtual Piggy, VoiceTrust, Zecco

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  • Fathead launches Virtual Piggy youth friendly payment system.
  • Fiserv processed more than 10 mil loan applications in 2012.
  • CNN Money lists Personal Capital as 1 of 5 best apps to invest smarter.
  • Temenos announces acquisition of compliance technology firm, TriNovus.
  • IRA Reviews
    takes a look     at the fee and commission structure of TradeKing after the merger with Zecco.
  • VoiceTrust brings voice biometrics technology to USoft.
  • TSYS executive wins award at CPI Global Awards for Excellence in Commercial Cards and Payments.
  • Crackberry.com highlights Pageonce for BlackBerry 10.
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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Q2ebanking Secures $20 Million Series C Financing

By Julie Muhn (@julieschicktanz) Posted on
Categories: Q2ebanking

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Online banking solutions company Q2ebanking recently closed a $20 million Series C financing round.

New investor, Battery Ventures, led the round. Adams Street Partners, which has been involved in each round of Q2ebanking’s funding, also participated.

Q2ebanking states that it will use the new round to invest in continued platform innovation and to expand sales and marketing efforts.

The Austin-based company also released some quick figures:

    • About 400 FIs use its ebanking technology, reaching over 3 million users
    • More than 70 of its clients have assets exceeding $1 billion
    • From 2011 to 2012, its revenue growth expanded from 49% to 51%

To learn more about Q2ebanking, watch its FinovateSpring 2011 demo.

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Finovate Alumni News– March 21, 2013

By Julie Muhn (@julieschicktanz) Posted on
Categories: BillShrink, Flint Mobile, HelloWallet, IDTheft 911, Luminous, Mint.com, Monitise, PayPal, TIO Networks, TransferWise
  • Finovate-F-Logo.jpgTIO Networks launches mobile payment app for Mobilicity.
  • PayPal signs on to the ePayments Code released by the Australian Securities and Investment Commission (ASIC code, which replaces EFT code).
  • CNN Money reviews Mint and HelloWallet side-by-side.
  • CNN Money names BillShrink as best app to manage your money.
  • Flint Mobile announces partnership with NXGEN subsidiary Fidano to support mobile payment adoption.
  • Through partnership with Luminous, Nihilent to sell Luminous’ solutions in India.
  • IDentity Theft 911 expands service partnership with VyStar Credit Union.
  • Cofounder of TransferWise, Taavet Hinrikus writes in the Wall Street Journal about the importance of team-building for successful CEOs.
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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Judges Name BBVA and Fidor Bank AG Two of Four Winners of the 2013 Bank Innovation Awards

By Julie Muhn (@julieschicktanz) Posted on
Categories: BBVA, Fidor Bank, Moven, Simple

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We recently returned from the Bank Innovation conference in San Francisco, where the 2013 Bank Innovation awards were presented on Monday afternoon.

A panel of judges selected BBVA and Fidor Bank AG as 2 of 4 companies whose innovations made a difference in 2012.

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BBVA won for its BBVA Game that uses gamification to incent clients to use its banking services. Elements of the game include points, badges, and a leaderboard that come together in a virtual economy. In the 6 months since its launch, more than 100k customers have signed up. Watch the demo video of BBVA debuting its new Stockbuzz program at FinovateEurope 2013.

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Fidor Bank AG
Fidor Bank AG won for Like-Zins, a user-generated interest rate program. For every 2,000 Facebook likes that Fidor receives, it raises the interest rate on FidorPay checking accounts by 10 basis points per year (with a cap of 15% per year). So far, the Facebook community has increased the accounts by 50-70 basis points. Fidor demoed at FinovateEurope 2011.

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Also among the winners are:

  • Long-time Finovate sponsor The Bancorp Bank, which is the financial institution that backs both Moven and Simple.
  • SaverNation, a company that helps users fund their retirement by saving small percentages of their normal purchases.

See Bank Innovation’s full coverage of all of the winners here.

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Finovate Alumni News– March 18, 2013

By Julie Muhn (@julieschicktanz) Posted on
Categories: BellaDati, Blackhawk Network, Braintree, Kashoo, Klarna, MiiCard, Mitek, Striata
  • Finovate-F-Logo.jpgBella Dati opens office in Singapore.
  • Business solutions company Neopost USA to use Striata as its electronic document delivery partner.
  • Mitek facilitates more than $40 billion in check deposits.
  • GigaOM reports Braintree’s recent move overseas helps double its payments volume to $8B.
  • Blackhawk Network files for IPO of up to $200 million.
  • miiCard 1 of 50 listed on the 2013 FinTech 50 Watchlist, a list companies in Europe that are redefining financial services.
  • Kashoo to partner with InfoStreet’s SkyDesktop.
  • Consumers.com asks whether Klarna will become a “major player” in online payments.
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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The Currency Cloud, Tradeshift, and Intuit Form Partnership

By Julie Muhn (@julieschicktanz) Posted on
Categories: Intuit, The Currency Cloud, Tradeshift

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International FX payments service, The Currency Cloud today announced on its blog that it will partner with three other fintech companies, including e-invoicing company Tradeshift and SMB financial services company Intuit.

Through this partnership, the three will create an all-inclusive platform for TradeshiftLogo.jpg small businesses to better maintain cross-border relationships. The platform will focus especially on buyer-supplier relationships.

The terms of this deal have not been disclosed.

The Currency Cloud demonstrated at FinovateEurope last month, and its demo video will be posted here in a few weeks. Tradeshift demoed at FinovateEurope 2012, and Intuit demoed at Finovate 2009.

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Continuity Control and cbanc Network Partner

By Julie Muhn (@julieschicktanz) Posted on
Categories: cbanc Network, Continuity Control

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This week, compliance management platform Continuity Control and cbanc Network, a knowledge-collaboration community, announced a partnership.

This partnership will make Continuity Control’s RegAdvisor, a quarterly briefing, available through cbanc’s WebEd program.

RegAdvisor is a complimentary event to help financial institutions gain a practical view of new compliance regulations, and helps them understand what steps are necessary to ensure compliance. To register for the next RegAdvisor, click here.

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The terms of this deal have not been disclosed.

cbanc Network demoed at FinovateFall 2011, Continuity Control demoed at FinovateSpring 2010.

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Cardlytics Discloses Consumer Usage Metrics

By Julie Muhn (@julieschicktanz) Posted on
Categories: Cardlytics

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Card-linked rewards company Cardlytics recently divulged some notable metrics.

The Atlanta-based company is working with more than 300 banks to give them insight into the spending of nearly 70% of households across the United States.

Since launching in 2008, Cardlytics reports:

    • Its system reaches 75 million U.S. households, about 200 million consumers

    • Those households make more than 11 billion debit or credit card purchases annually, amounting to $500 billion

    • It has 12 million mobile customers

Across the Cardlytics network, consumers activate an average of 15-20% of deals, have increased their spending amount by 4%, and have increased their online logins by 12%.

To learn more about Cardlytics, watch its FinovateEurope 2013 demo, coming soon to finovate.com/archives.html.

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Finovate Alumni News– March 13, 2013

By Julie Muhn (@julieschicktanz) Posted on
Categories: Aptys Solutions, Bazaarvoice, Fiserv, IDTheft 911, Manilla, PayPal, PaySimple, Ping Identity, rplan, TradeKing, TSYS, Tuition.io, Virtual Piggy, Waspit
  • Finovate-F-Logo.jpgrplan has launched an online course providing education on the fundamentals of investing.
  • Tuition.io scores a 9 out of 10 in AppStorm’s review.
  • Virtual Piggy receives Frost & Sullivan Excellence in Best Practices Award.
  • IDT & Fiserv partner to expand availability of International calling services and walk-in bill payments.
  • ABC News reviews student banking service Waspit.
  • PaySimple launches redesigned mobile app and credit card reader.
  • Ping Identity names Michael J. Sullivan CFO.
  • TradeKing wins seventh consecutive, four-star rating in Barron’s Online Broker Survey.
  • Cloud Squads reflects on the Bazaarvoice Summit 2013.
  • TechCrunch reports PayPal acquires mobile app development Studio Duff Research to work on its mobile and digital wallet.
  • Aptys Solutions chosen by Texas-based Mainstay Group as payment exchange provider.
  • Manilla adds more than 54,000 small businesses to its network.
  • Identity Theft 911 talks with Reuters about identity protection during tax time.
  • TSYS scheduled to present at Barclays Emerging Payments forum in Boston.
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 12, 2013

By Julie Muhn (@julieschicktanz) Posted on
Categories: ACI Worldwide, Affinity Solutions, Bazaarvoice, BillGuard, Capital Access Network, eWise, Jemstep, MiiCard
  • Finovate-F-Logo.jpgCapital Access Network has provided SMBs access to more than $3 billion in working capital and facilitated 100k transactions since its inception.
  • Online CV certification service Veritas Vitae enlists miiCard to help eliminate CV fraud.
  • Forbes highlights BillGuard as 1 of 7 Tel Aviv-based startups.
  • Finextra reports Yorkshire Building Society taps eWise for PFM service.
  • Affinity Solutions to discuss brand loyalty, transaction-enabled marketing at Loyalty Expo 2013.
  • ACI Worldwide assures that it will maintain roadmaps, commitments to ORCC customers in wake of acquisition.
  • Bazaarvoice chooses Cohn & Wolfe as agency of record for North America.
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 11, 2013

By Julie Muhn (@julieschicktanz) Posted on
Categories: Backbase, BellaDati, Bolstr, CashStar, cbanc Network, Continuity Control, Credit Karma, DeviceFidelity, Diversinet, Expensify, Fiserv, Geezeo, Lending Club, Locaid, Mint.com, Moven, Pageonce, PocketSmith, Prosper, Simple, SoMoLend, Standard Chartered Bank
  • American Banker reports: Union Bank signs up for Fiserv’s Bill Pay.
  • Bolstr featured on MSNBC’s Your Business.
  • Backbase gives a glimpse of the Digital Marketing Module it showed at FinovateEurope.
  • Triple Pundit looks at how the SEC is holding SoMoLend and other debt/equity crowdfunding platforms hostage.
  • USA Today considers Lending Club’s success.
  • CIO lists Expensify as 1 of 3 apps to help at tax time.
  • BellaDati releases updates to its platform.
  • Credit Karma launches app for Android.
  • Med Gadget interviews Diversinet CEO, Dr. Hon Pak.
  • Finextra reports Geezeo signs 1st United Services Credit Union.
  • CashStar announces availability of tablet gifting.
  • Android, iOS updates now provide card-to-card payments with Pageonce.
  • Dough Roller blog names PocketSmith one of the best calendar-based personal finance apps.
  • Continuity Control to partner with cbanc Network to provide regulatory briefing via RegAdvisor.
  • Koolspan and DeviceFidelity team up to build TrustSleeve, bringing microSD-based voice encryption to the iPhone.
  • Locaid and Life360 join forces to help parents stay in touch with their kids.
  • The Financial Brand highlights 50 of the most spectacular website designs in banking: Simple (formerly BankSimple), Standard Chartered, Mint, & Moven. See Netbanker’s take on the list here.
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 8, 2013

By Julie Muhn (@julieschicktanz) Posted on
Categories: BehavioSec, Expensify, Fuze Network, Mint.com, Open Bank Project, PayPal, Pindrop Security, SocietyOne, Virtual Piggy
  • Finovate-F-Logo.jpgTechCrunch reports: PayPal separates developer platform from X.commerce, launches Simpler mobile APIs.
  • Springwise considers the open source nature of TESOBE’s OpenBankProject.
  • Pindrop Security named the Best Rookie Security Company at the 2013 SC Awards.
  • Servant of Chaos reports: SocietyOne eyes off disruption in personal lending.
  • Intuit Small Business blog lists Mint and Expensify as 2 of 4 apps to help manage your small business.
  • UK Wired Magazine reports BehavioSec invents alternative to passwords using biometric fingerprints.
  • Edison Investment Research publishes report covering Virtual Piggy.
  • Founder and CEO of Fuze Network, Dave Wilkes, to speak at the 2013 BAI Payments Connect Conference & Expo.
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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