“Finovera is like your personal bookkeeper. You setup your accounts once, and it automatically downloads up to 12 months of your statements, organizes them and presents them to you with detailed analysis. Now it is possible to organize your financial life in less than 10 minutes! No paper clutter, no late fees and no excuses! You receive automatic alerts when new bills are due or higher than usual. Not sure if you have to move money around to pay your bills? No problem – we’ll let you know.”
Author: Julie Muhn (@julieschicktanz)
FamZoo Unveils its Prepaid Card Family Pack to Enable Kids to Save and Spend with their Own Prepaid Card
“The Prepaid Card Family Pack is a uniquely affordable, convenient, and educational MasterCard reloadable card offering designed specifically for families. Linked together and accessed online through FamZoo’s Virtual Family Bank software, the cards are used collaboratively to share funds between family members and develop financial responsibility.
Parent cards serve as the automated funding source for allowance, chores, odd jobs, ad-hoc transfers, reimbursements, compound interest, and matching contributions. Children sign in separately to monitor spending, while parents retain control through a shared dashboard. Additional tools include collaborative budgets, interactive savings planners, “child bill pay,” and automated IOU tracking.”
CardFlight Launches Offline Payment Processing Solution
“We bring the same developer‐friendly, transparent approach to payment processing as Stripe and Braintree. However, we focus on the ~90% of payment transactions that happen offline.
Unlike other mobile payment services, we offer a very simple and secure SDK/API and work with the developer’s existing merchant account. Developers retain full control of their integrated app experience. They simply use our encrypted mobile mag stripe reader and API so that they can safely and securely accept payments in their apps.”
Jemstep’s Portfolio Manager Helps Users Plan and Save for Retirement
“Jemstep Portfolio Manager is an easy-to-use online service that helps people lock in more money for retirement. It gets to know each person’s financial circumstances and preferences, and, in minutes:
- Projects the amount of money their current portfolio will give them to spend in retirement
- Recommends a target portfolio optimized to generate more money
- Spells out an Action Plan detailing what to buy and sell in each of their accounts (including their 401k), helping them minimize taxes, reduce fund fees, and select top-quality investments
- Keeps people on track with continuous monitoring that watches for changes in their profile, portfolio, and the market and alerts them when it’s time to make a change”
Braintree’s Venmo Touch Saves Time Spent Entering Credit Card Information on Mobile Devices
“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.”
Trusted Knight Debuts its Malware-Blocking Anti-Crime Software, Protector
“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.”
MoneyDesktop Reveals New Data Analytics 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.”
Expensify Launches Solution to Turn 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.”
Moven Debuts Money Pulse to Help Users Manage Day-to-Day Finances
“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.”
Virtual Piggy’s New Mobile App Helps Kids Make Online Transactions
This is a part of our live coverage of FinovateSpring 2013.
“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.”
Banno Launches Kernel for Financial Institutions to Better Understand their Customers
“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.”
Palo Alto Software’s LivePlan Teams Up with MasterCard to Help Small Businesses Better Understand their Daily Operations
“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.”