Julie Muhn (@julieschicktanz), Author at Finovate

Finovate Alumni News– March 7, 2013

By Julie Muhn (@julieschicktanz) Posted on March 7, 2013
Categories: DeviceFidelity, Fiserv, GMC Software Technology, Luminous, Mitek, PaySimple, Temenos, Xero

MSPmentor reveals some interesting stats from PaySimple.

U.S. Bank is first major bank in the U.S. to roll out Mitek-powered mobile photo billpay.

Luminous considers its experience demoing BankFiling at FinovateEurope.

New Zealand Herald reports Xero becomes billion dollar company.

CU Times reports Fiserv integrates Popmoney P2P payment tool with its mobile banking app.

Henri Dura to take post of CEO of GMC Software Technology.

IBS Intelligence ranks Temenos T24 #1 in its 2013 Sales League Table.

DeviceFidelity raises more than $470,000 in funding.

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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SoMoLend Closes Seed Round of Funding Totaling Over $2 Million

By Julie Muhn (@julieschicktanz) Posted on March 6, 2013
Categories: SoMoLend

Debt-based crowdfunding platform SoMoLend announced today that it has completed its Seed round of funding, totaling over $2 million.

A recent $400,000 investment from Virginia-based QED Investors finished off the Seed round. Prior investments contributing to the total amount include:

$1.2 million in May of 2012
$310k in September 2011

The Cincinnati-based startup plans to use the funding to expand marketing, develop fundraising tools, and enhance the platform by adding social networking features.

To learn more about SoMoLend, watch its FinovateSpring 2012 demo.

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Finovate Alumni News– March 5, 2013

By Julie Muhn (@julieschicktanz) Posted on March 5, 2013
Categories: Actiance, Balance, BehavioSec, Cardlytics, Compass Plus, IDTheft 911, Kabbage, On Deck Capital, Rebirth Financial

American Banker asks if Atlanta is a fintech startup Mecca and looks at Kabbage and Cardlytics as examples.

Actiance debuts Vantage for Lync Voice to capture VoIP calls for Mircosoft Lync users.

BBC News looks at BehavioSec’s biometric security.

On Deck opens new regional office in Denver, Colorado.

IDentity Theft 911‘s chief privacy officer Eduard Goodman talks smartphone privacy with Forbes.com.

TransferWise announces support for peer-to-peer international payments using debit cards.

TransWare from Compass Plus helps PrivatBank reach peak transaction processing.

Balance Financial launches Digital Office suite to create personalized client portal templates that can be customized.

Rebirth Financial launches nationally.

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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Rebirth Financial Launches Nationally

By Julie Muhn (@julieschicktanz) Posted on March 4, 2013
Categories: Rebirth Financial

Last week, small business lending platform Rebirth Financial launched nationally to enable small businesses from across the country to secure loans.

The New Orleans-based company first launched in 2010, and has since provided access to millions of dollars in capital to hundreds of small businesses based in the southeast United States.

Along with this launch, Rebirth Financial announced the availability of a new program called the Touch Program. This offering assigns borrowers a lending specialist to provide personalized guidance to help them find the right loan.

Rebirth Financial demoed at FinovateFall 2011 in New York.

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Finovate Alumni News– March 1, 2013

By Julie Muhn (@julieschicktanz) Posted on March 1, 2013
Categories: BBVA, Birdback, CashStar, Expensify, Figlo, Jemstep, Klarna, Lending Club, Metaforic, Pageonce, Simple, TIO Networks

Metaforic’s self-defending software immune system named the Gold winner by Info Security Products Guide’s 2013 Global Excellence Awards.

Worldwide Insure names Expensify the February Travel App of the Month.

TIO Networks expands Services with First Data’s Money Network Prepaid Services.

Bloomberg Television interviews Klarna CEO Sebastian Siemiatkowski.

CashStar co-founder, CEO David Stone to lead panel on mobile shopping and gifting at Prepaid Expo.

AEGON Turkey insurance sales processes go mobile with Figlo tablet solution.

Lending Club appoints former Visa President as Director.

Apps from BBVA Compass, Pageonce, and Simple highlighted in American Banker’s list of the top ten, most progressive mobile banking apps.

My Money Blog reviews Jemstep Portfolio Manager.

Co-founder and CEO of Birdback, Nicolai Watzenig named guest speaker at eDeal Summit.

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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Tuition.io Reels in $1 Million in Seed Funding

By Julie Muhn (@julieschicktanz) Posted on February 27, 2013
Categories: Tuition.io

Student loan management tool Tuition.io announced recently that it landed $1 million in seed funding from a large group of investors.

Some of the investors include:

Mohr Davidow Ventures
Jerry Neumann
Mesa
AF Square’s Troy Carter
Richard Wolpert
Rob Glaser
Launchpad LA

This is the Santa Monica-based company’s first round of funding.

Tuition.io launched 6 months ago, and disclosed the following stats:

Exceeded $250 million in aggregate debt under management
Helps manage over 40,000 loans
Users represent over 130 universities

To learn more about Tuition.io, watch its FinovateFall 2012 demo.

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SumUp Now Supports American Express Payments in Some European Markets

By Julie Muhn (@julieschicktanz) Posted on February 22, 2013
Categories: SumUp

European mobile payments company SumUp announced recently that it has added support for American Express in some of the European markets in which it operates.

Customers can make payments with an American Express credit card using either the traditional EMV method or SumUp’s new mobile payment method, SumUp Pay, that it demoed at FinovateEurope last week.

American Express payments are approved in the following markets:

Germany
France
UK
Ireland
Italy
Netherlands
Spain
Austria

Negotiations to accept American Express are still ongoing in Belgium and Portugal, the other two countries in which SumUp operates.

Unlike most merchants who accept American Express credit cards, those who use SumUp will not be faced with a premium fee. Instead, they will pay SumUp’s regular 2.75% per transaction fee.

In its press release, SumUp claims it will accept more types of cards in more regions than any other mobile point-of-sale technology provider worldwide.

SumUp’s demo video from FinovateEurope 2013 in London will be posted soon at finovate.com/archives.html.

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Finovate Alumni News– February 22, 2013

By Julie Muhn (@julieschicktanz) Posted on February 22, 2013
Categories: Comarch, Dashlane, Expensify, Finsphere, HelloWallet, Mint.com, Moven, Pageonce, Personal Capital, Ping Identity, TIO Networks

VendTek Systems and TIO Networks partner to provide walk-up bill payment services to the Canadian Market.

PerspecSys and Ping Identity partner to make it easier and more secure for enterprises to take advantage of the cloud.

Dashlane and Mint.com listed as 2 of 10 free, worthwhile iPhone apps.

DoughRoller lists Personal Capital, Mint.com, Expensify, HelloWallet, and Pageonce as 5 of 10 tablet apps that manage your money.

Bank Marketing Strategy blog looks at what sets Moven apart from traditional banks.

Finsphere awarded US patent for geo-location technology on mobile devices.

Comarch wins contract with Italy’s UniCredit Group to implement Smart Finance platform.

Xconomy reviews personal finance management apps from Mint.com and Pageonce.

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– February 21, 2013

By Julie Muhn (@julieschicktanz) Posted on February 21, 2013
Categories: Azimo, Cartera Commerce, CommunityLend, DeviceFidelity, Dwolla, Expensify, FamZoo, Fiserv, Geezeo, Mitek, MoneyDesktop, ReadyForZero, Simple, Taulia, TSYS

CommunityLend grows FinanceIt team.

Cartera Commerce appoints Brian Michon as CTO.

Expensify integrates with Sage 50.

Mitek granted new patent for its mobile photo bill pay capabilities.

Geezeo partners with OSG Statement Services to develop a statement option that will allow PFM data to be leveraged in eStatements and printed statements.

GoBankingRates reviews Simple’s banking service.

Mashable features ReadyForZero.

American Banker reports: Maine’s Katahdin Trust Company selects Fiserv’s core banking platform.

MoneyDesktop reports record year with customer growth of nearly 80% from 2011 to 2012 and a 4.5X increase in recurring monthly revenue.

Hallmark chooses Taulia to provide e-invoicing, dynamic discounting and supplier self-services.

FamZoo’s prepaid card family pack featured in TIME.

Torsion Mobile integrates with Dwolla’s payment network.

Dallas Business Journal reports that Device Fidelity has raised $1 million in debt financing.

TSYS to begin processing ATM transactions through the LINK network in the UK.

Azimo CEO Michael Kent explains the social remittance business in Pymnts.com Q&A.

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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FinovateEurope 2013 in the Press

By Julie Muhn (@julieschicktanz) Posted on February 20, 2013
Categories: Azimo, Backbase, BBVA, Cardlytics, CurrencyFair, EZBOB, Finantix, FinovateEurope 2013, Kabbage, mBank, Meniga, Moven, SAGE SA, SumUp, Temenos, TESOBE, The Currency Cloud, Thomson Reuters, True Office

Here’s a look at some of the press coverage we received from FinovateEurope last week:

AllFacebook

Money-Transfer Service Azimo Integrates with Facebook

By David Cohen