Braintree’s Venmo Touch Saves Time Spent Entering Credit Card Information on Mobile Devices

This is a part of our live coverage of FinovateSpring 2013.

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Next, Braintree showcased how its Venmo Touch saves consumers time:  

“Venmo Touch eliminates the need to constantly re-type your credit card information when making purchases on your mobile device. It provides a connective layer across all the apps on your phone, designed to make every payment in a new app as easy as buying a song in iTunes. 

The next time you enter your card details in one of the apps in our network, just check “Save card with Venmo.” When you use other in-network apps on the same device, you will see the option to use the saved card to pay with just a single touch.”

Product Launch: January 2013
HQ: Chicago, IL
Founded: 2007
Metrics: Braintree has raised $70M through a series A from Accel Partners and a series B led by NEA (New Enterprise Associates) with contributions from Accel, RRE Venture, and Greycroft. We process $6B in transaction annually, $2B of which is on mobile, from over 4,000 different merchants. All of this is powered by a team of only 120-150 employees.
Twitter: @braintree
Presenting Andrew Kortina (Co-Founder, Venmo)

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Trusted Knight Debuts its Malware-Blocking Anti-Crime Software, Protector

This is a part of our live coverage of FinovateSpring 2013.

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Then, Trusted Knight demonstrated how its Protector anti-crime software blocks malware:

“Protector is designed to be quickly deployed to the large and diverse customer bases of businesses and financial institutions to immediately reduce fraud losses. Protector is extremely lightweight and can be easily integrated into existing security products. There is no minimally-required hardware configuration, no customer configuration or interaction necessary, and installation causes no stability issues or conflicts with other resident software. 

Rather than attempting to detect malware (a nearly impossible task), Protector simply blocks malware functioning to prevent criminals from getting the data they need to commit crimes. Protector achieves a remarkable 70+% install rate on a customer “opt-in” basis.”

Product Launch: April 2013
HQ: Annapolis, MD
Founded: February 2010
Presenting Joseph Patanella (CEO) and Trevor Reschke (CTO)

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MoneyDesktop Reveals New Data Analytics Marketing Platform

This is a part of our live coverage of FinovateSpring 2013.

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Next, MoneyDesktop took the stage to unveil two products in its new marketing platform:
“Along with their industry leading PFM, MoneyDesktop has developed, and will be revealing, its powerful back-end data analytics and marketing platform. Comprised of two products, Insight and Target, the new platform equips financial service organizations with easy-to-consume user insights that can effortlessly be transformed into targeted marketing campaigns — leading to higher conversion rates, greater wallet share and increased loan volume. 
Insight leverages aggregated PFM user data to create customizable marketing segments based on users’ growth, demographics, accounts, spending, interest rates on competing financial products and more. 

Target turns insight into action by enabling financial institutions to continually create and send targeted marketing content and product offerings that are hyper relevant to their user base. Together – Insight and Target provide financial institutions a groundbreaking new way to market and drive adoption of their most valuable account types.”
Product Launch: June 2013
HQ: Provo, UT
Founded: March 2010
Metrics: Triple digit growth over the past 3 years, 27 Online Banking/Core/Payment Network Partners, 400+ FI Clients, 90+ Employees
Twitter: @MoneyDesktop
Presenting Ryan Caldwell (CEO & Founder) and Matt West (VP Sales)

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Expensify Launches Solution to Turn Expense Reports into Invoices

This is a part of our live coverage of FinovateSpring 2013.

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First up in today’s final session, Expensify showcased its new solution that turns expense reports into invoices:

“Announcing Expensify Invoices! Now it’s possible to transform expense reports into invoices and send directly to clients. Upload your company logo to create branded invoices. Combine multiple expense reports into a coherent branded invoice to email to your client with custom payment terms. Your clients can even pay their invoice directly through Expensify with ACH Direct Deposit or PayPal. 

Your favorite expense management software just got better! Take the paper, time, and headaches out of invoicing with Expensify Invoices.”

Product Launch: May 2013
HQ: San Francisco, CA
Founded: May 2008
Metrics: $6.7M raised to date, 200,000 companies, 1.4M users, 30 employees
Website: expensify.com
Twitter: @expensify

David Barrett (CEO & Founder) and Ryan Schaffer (Marketing Manager)

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Moven Debuts Money Pulse to Help Users Manage Day-to-Day Finances

This is a part of our live coverage of FinovateSpring 2013.

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Afterwards, Moven showcased its financial tools, Spend, Save, Live:

“Moven is demonstrating their mobile banking experience along with how our Spend, Save, Live tools will help consumers manage and improve their financial health. The demo will include features of the day-to-day mobile banking experience and the online platform.”

Product Launch: February (Beta) 2013 
HQ: New York, NY
Founded: March 2011
Metrics: Moven has raised more than $2.5M in seed funding, has 20 employees and 10,000+ registered users.
Website: moven.com
Twitter: @getMoven
Presenting Alexander Sion (President & Managing Director) and Julianna Young (Director, Marketing & Customer Behavior)

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Virtual Piggy’s New Mobile App Helps Kids Make Online Transactions

VirtualPiggyHiLogo.jpgThis is a part of our live coverage of FinovateSpring 2013.

Third up to the stage this afternoon, Virtual Piggy showcased its mobile app:

“Virtual Piggy’s new mobile app will bring an innovative new technology to the market that will have a disruptive impact on global m-commerce. With over a billion U18’s worldwide shopping online at an earlier age and becoming more proficient than any previous generation with internet enabled devices, Virtual Piggy noticed that there was no easy mechanism for this group to transact online. All existing methods involved friction and often resulted in undesirable outcomes, such as fraud. 
Virtual Piggy’s technology allows merchants to sell to U18s in a COPPA compliant, parent approved manner, unlocking an estimated $211B in annual spending power for online retailers.”
Product Launch: May 2013
HQ: Hermosa Beach, CA
Founded: February 2008
Metrics: Public Company (OTC: VPIG)
Twitter: @followpiggy
Presenting Jo Webber (CEO & Founder) and Pradeep Ittycheria (CTO & Co-Founder)

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Banno Launches Kernel for Financial Institutions to Better Understand their Customers

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This is a part of our live coverage of FinovateSpring 2013.
Second up this afternoon, Banno launched Kernel:
“Banno Kernel enables financial institutions to leverage the way consumers interact with their business by delivering on the promise of true one-to-one marketing. Kernel positions the next best product to each individual consumer based on interest, across any channel. It exposes a modern web API for integration across all channels – online, mobile, ATM, e-statements and more. Through a real-time dashboard, financial institutions receive an exact picture of the next best product for each individual user. Kernel continues working the lead opportunity throughout any channel on which the user chooses to engage.”
Founded: March 2008
HQ: Cedar Falls, IA
Product Launch: May 2013
Metrics: 51 employees
Websitebanno.com  
Twitter: @BannoHQ
Presenting Wade Arnold (CEO & Founder) and Ben Metz (CTO)

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Palo Alto Software’s LivePlan Teams Up with MasterCard to Help Small Businesses Better Understand their Daily Operations

This is a part of our live coverage of FinovateSpring 2013.

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The final presenter to hit the stage before lunch, Palo Alto Software, demonstrated how LivePlan can help small businesses:
“LivePlan tells you how your business is doing. It creates budgets and forecasts to help you plan for success, allows you to put together a beautiful one-page pitch, and helps you track and manage your performance to ensure efficient growth. With its Quickbooks integration, LivePlan delivers business intelligence to small businesses everywhere. LivePlan has received the Top Ten Reviews Gold Award and been touted as, “an essential tool for launching a startup” by Inc.com. Fans include PC World, The Wall Street Journal, CNN Money, and Entrepreneur as well as over 70,000 customers.
LivePlan and MasterCard have now teamed up, and are helping small businesses and mid-market companies manage both their performance and daily operations. LivePlan is now offered through the MasterCard Easy Savings Program and provides business intelligence through MasterCardbiz.com. Moving forward, the two companies will look to identify other areas in which their solutions can jointly provide value to business owners.”
Product Launch: April 2011
HQ: Eugene, OR
Founded: 1988
Metrics: 50 employees, 70,000+ LivePlan customers, 1.1M uniques per month to the Palo Alto Software site network
Website: liveplan.com
Twitter: @liveplan
Presenting Sabrina Parsons (CEO) and Mike McManus (Senior Business Leader, Strategy, Planning & Innovation, Mastercard)

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Yandex.Money Debuts Twym (Tweet Your Money), a New Way to Send Money

This is a part of our live coverage of FinovateSpring 2013.

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Next up this morning, Yandex.Money showcased Twym, a solution that gives users a new way to send money:

“Twym is designed to facilitate instant transfers in rubles between Twitter users who have Yandex.Money accounts. To send money, users send a tweet that includes @twymru, the recipient’s username on Twitter, and the amount they want to transfer. 

If the recipient has already activated Twym, they receive the rubles immediately. If not, they will be prompted to activate Twym and receive the money after they have done so. If someone retweets a money tweet, another transfer will be made from their Yandex.Money account to the same recipient – a useful feature for fundraising campaigns.”

Product Launch: March 2013
HQ: Moscow, Saint Petersburg, Russia
Founded: July 2002
Metrics: 13M+ registered wallets (users), 9,000+ wallets opened daily, 120,000+ transactions carried out daily, 20,000+ merchants connected
Twitter: @yamoneynews
Presenting Kristina Stoyanova (Head of User Experience) and Jane Zavalishina (President)

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Lodo Software Launches D3 Banking to Help Banks Deliver a Personalized Customer Experience

This is a part of our live coverage of FinovateSpring 2013.

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Next, Lodo Software debuted its D3 Banking solution:

“D3 Banking is data driven digital banking. It provides a full range of integrated financial services using a powerful, predictive analytics engine to deliver a personalized customer experience anytime, anywhere, on any device. 

The D3 Banking components utilize next generation technology and can be deployed on a single server or distributed across servers to support cloud-computing environments. Those components include: D3 Analytics, D3 Insight, D3 UX, D3 Apps, D3 API, D3 Connect and D3 Control. These components provide the resources necessary for financial institutions to deliver a consistent, relevant and profitable experience to their customers.”

Product Launch: May 2013
HQ: Omaha, NE
Founded: 2007
Website: d3banking.com
Twitter: @D3Banking
Presenting Mark Vipond (CEO) and Jeelani Shaik (CTO)

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Kabbage Launches QuickBooks Financing Integration

This is a part of our live coverage of FinovateSpring 2013.

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Next, Kabbage took the stage to demo how it uses QuickBooks data to underwrite small business loans:

“Kabbage has partnered with Intuit to provide simple and easy access to funding for QuickBooks customers. Kabbage is the first company on Intuit’s QuickBooks Financing Platform to underwrite customers solely based on QuickBooks data. With Kabbage, customers receive instant approvals; funds can be available within minutes when they use PayPal to receive funding.”


Product Launch: May 2013
HQ: Atlanta, GA
Founded: February 2009
Metrics: $56M in equity funding; $93M in debt funding in two rounds; 95 employees; more than 100,000 accounts
Website: kabbage.com
Twitter: @kabbageinc
Presenting Marc Gorlin (Chairman) and Rich Preece (Director, QuickBooks – Intuit)

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Nice Showcases How Mobile Reach Personalizes the Customer Experience

This is a part of our live coverage of FinovateSpring 2013.

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Next up in the second session today, NICE demonstrated how financial institutions can use Mobile Reach to create a personalized customer experience:
“Mobile Reach converges mobile self-service and assisted-service to create the most personalized, effective, and efficient channel. It offers:
        • ENGAGE: Intelligently finding engagement opportunities in self-service and directing customers to the best next step just at the right time.
        • CONNECT: If needed, seamlessly connecting customers directly to the right agent, bypassing the IVR and transferring the context from the device to the agent desktop.
        • COLLABORATE: Expanding customer interactions using multimedia collaboration tools (sending text, images, etc.).
Customers get the ultimate customer experience – as personalized, relevant, and as effective as possible.
Companies get more business, lower service costs, and higher mobile use.”
Product Launch: April 2012
HQ: Paramus, NJ; Raanana, Israel
Founded: 1986
Metrics: 2012 annual non-GAAP total revenues: $892M. More than 3,400 employees in 35+ local offices across the globe.
Twitter: @NICE_Systems
Presenting Amit Ashman (Director, Solutions Marketing, Mobile Customer Service) and Bruce Plummer (Manager, Sales Engineering)

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