FinovateAsia 2012 Demo Company Headquarter Locations

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In Singapore next week, we’ll see companies from all over the globe demo their latest fintech innovations live on the FinovateAsia stage on November 6 at the new MAX Atria Conference Center.

While the conference will be held in Singapore, only 3 demoing companies are based there. The rest of the companies are headquarted all over Asia and the world, making this our most international conference thus far. Here’s the breakdown:

    • United States: 10
    • European Union: 7
    • Australia: 5
    • India: 4
    • Singapore: 3
    • China: 2
    • South Africa: 2
    • Malaysia: 1
    • New Zealand: 1
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To learn about some of the innovation themes we expect to see at FinovateAsia, check out the word cloud we published earlier this week.

Please note that there are only a limited number of tickets still remaining for the event. If you’re interested in watching the latest Asian financial technology innovations in these areas debut live, please be sure to register soon for your FinovateAsia 2012 ticket to guarantee your seat.

FinovateAsia 2012 is sponsored by: The Bancorp Inc., Citi Ventures, Financial Technology Partners, Infocomm Development Authority of Singapore, Standard Chartered, Visa

FinovateAsia 2012 is partners with: Asian Banking & Finance, BankInnovation, BankerStuff, BeSuccess, Celent, Finance on Windows, PYMNTS.com, The Emerging Finance & The Asian Banker

Silver Tail Systems Acquired by Data Storage Giant, EMC

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Fraud-detection company, Silver Tail Systems, announced today that it has been acquired by data storage giant, EMC.

Silver Tail will become part of RSA, a security branch within EMC. According to All Things D, RSA will originally run Silver Tail without disrupting its business model so it doesn’t impede the momentum Silver Tail has already experienced.

While the financial terms of the deal have not been disclosed, EMC states that the purchase price is immaterial to its 2012 fiscal year.

To learn more about Silver Tail Systems, watch its FinovateSpring 2012 demo.

Finovate Alumni News– October 31, 2012

  • Argos sees a record 79 mil of its online visitors engage in conversations about the brand since implementing Bazaarvoice’s Conversations.
  • IP Commerce Payment API Sample Code Now Available on Github.
  • Silver Tail Systems Acquired by Data Storage Giant, EMC.
  • Lendio.com ends Q3 adding record number of lenders to platform.
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.

FinovateAsia 2012 FinTech Innovation Themes Revealed

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On November 6 next week, Finovate will host the inaugural FinovateAsia conference in Singapore. Over the course of the action-packed day, 36 cutting-edge companies will take the stage to perform fast-paced demonstrations of their latest financial technology innovations to a packed auditorium of bankers, VCs, media, analysts, tech execs, and entrepreneurs.

We wanted to share a quick glimpse of the technology that will be debuted on stage so we compiled this word cloud to visually summarize the major themes of the new innovations. The bigger the word, the bigger the theme.

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Please note that there are only a limited number of tickets still remaining for the event. If you’re interested in watching the latest Asian financial technology innovations in these areas debut live, please be sure to register soon for your FinovateAsia 2012 ticket to guarantee your seat.

FinovateAsia 2012 is sponsored by: The Bancorp Inc., Citi Ventures, Financial Technology Partners, Infocomm Development Authority of Singapore, Standard Chartered, & Visa

FinovateAsia 2012 is partners with: Asian Banking & Finance, BankInnovation, BankerStuff, BeSuccess, Celent, Finance on Windows, PYMNTS.com, The Emerging Finance & The Asian Banker

The Currency Cloud Raises $1.9 Million

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Last week, UK-based The Currency Cloud announced that it received $1.9 million (GBP 1.2 million) from XAnge Private Equity.

XAnge joins Atlas Venture, Notion Capital and Anthemis, former investors in The Currency Cloud’s $3.1 million (GBP 4.5 million) raised earlier this year.

As a part of this announcement, it disclosed that Hervé Schricke, CEO at XAnge Private Equity, was added to the board of directors.

Additionally, in unrelated news, The Currency Cloud was recently named one of the top 25 hottest fintech start-ups from around the world at SIBOS.

SIBOSTop252.jpgTo learn more about The Currency Cloud, watch its FinovateFall 2012 demo.

Finovate Alumni News– October 30, 2012

  • Cortera to open new office in Boston.
  • American Banker reports Mitek Plans Driver’s License Authentication, Mobile Pay Software.
  • The Next Web reports Braintree and LightSpeed team up to launch new payment plan for merchants.
  • Finovate takes an in-depth look at Manilla’s account management platform.
  • Emida partners with Global Business Services and The Mint Corporation.
  • The Currency Cloud raises $1.9 Million.
  • The WSJ takes LearnVest for a test drive.
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.

What We Learned About Manilla’s Account Management Platform

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Earlier this month, I opened a free account with online account management and organization service, Manilla. After spending some time in the platform, I was impressed with the capabilities of the clean UI and its easy functionality. The company offers both a desktop and a mobile version.

Company overview

    • Headquartered in New York, NY and San Francisco, CA
    • Founded March 2010
    • Over 50 employees

Awards & recognitions

    • Named one of Time’s Top 10 NYC Startups to Watch in 2011
    • Won the DEMO God Award at the DEMO conference in Spring 2011
    • Won the Webby and the People’s Voice Award in the 16th Annual Webby Awards in 2012
How it works
1. Sign up with:
    1. Name
    2. Zip code
    3. Email address and password
    4. Two security questions
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2. Add accounts such as utility bills, bank accounts, travel and rewards memberships, and even magazine subscriptions.

Select a pre-listed provider (Manilla integrates with over 3500), then enter your username and password. More secure accounts, like online banking, require additional security questions and verification information.

I uploaded 5 accounts, ranging from Alaska Air mileage plan to my Verizon account. The average number of accounts a typical user maintains is between 7 and 10; some have up to 20.

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3. Use it to manage bills and payments:

    • Select how and when to be reminded (pictured right) of an upcoming bill due date
    • Store PDF versions of bills forever
    • Login directly to biller websites through your single Manilla password
With the accounts dashboard (pictured below), users can see an overview of all their uploaded accounts, including bill payment reminders and items that need attention.

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In the documents tab (pictured below), users see an overview of all documents, such as a bill, associated with their accounts.

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Mobile app

The mobile experience parallells the full web experience. Just like the web experience, it has dashboards for reminders, documents, and accounts. It allows you to view your bills on-the-go, email them, and go directly to the biller’s site to pay the bill.

In addition, you can set up push notifications on your phone to be reminded of upcoming bill payments.

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To learn more about Manilla, watch its FinovateFall 2012 demo.

Finovate Alumni News– October 29, 2012

  • Thumbnail image for Thumbnail image for Thumbnail image for Finovate-F-Logo.jpgDiversinet upgrades mobile health security platform.
  • Forbes reports: FreeMonee Makes Gift Incentives Pay.
  • Killer Startups interviews Nick Hungerford, Nutmeg CEO.
  • DemystData blogs about what it will show in Singapore at FinovateAsia next week. Come to see its latest tech on Nov. 6.
  • Crowdsourcing.org interviews Candace Klein, CEO of SoMoLend.
  • Business Insider reports: PayNearMe has beaten PayPal to the cash market.
  • ChartIQ integrates With StockTwits Unveiling First-of-Its-Kind Social Stock Charting iPad App.
  • Online mortgage applications continue to soar as Mortgagebot clients’ loan volume advances toward 1 million mark.
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.

Finovate Alumni News– October 25, 2012

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  • TIBCO Software named to Software Magazine’s 500 Largest Software Companies in the World.
  • SoMoLend and GATE Global Impact make a deal that will facilitate investing in business expansion and job growth.
  • Goodwill to provide HelloWallet subscription to employees as well as community members with disabilities and unemployed.
  • Metaforic announces partnership with Appthority to reduce mobile app risks and enhance security.
  • Microsoft’s new Windows 8-style UI now supported by the KonyOne Platform.
  • MSM Media awards eToro Best Social Media Trading Product for its OpenBook platform.
  • Ping Identity recognized as 1 of 5 high-growth businesses at Denver Startup Week.
  • National Gift Card Corp partners with InComm to offer gaming & music eGift cards for businesses.
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.

Dynamics ePlate Card Now Available to Public Through UMB Financial Corp.

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Intelligent payment card company Dynamics, announced yesterday at the Money2020 Expo in Las Vegas that its ePlate payment card is now publicly available. Missouri-based UMB Financial Corp. will offer the card for a $99 annual fee.

Dynamics first announced the ePlate card in April of this year.

On its website, Dynamics offers a “test drive” experience of the card. The test drive allows consumers to choose their payment experience as they would on the app, push a button on the virtual card to select between two experiences, and virtually swipe the ePlate card.

To get a card, consumers register with Dynamics, choose between an ePlate card and a Black Gold card (limited to 5,000 devices), and is redirected to UMB to fill out a credit application. Contingent upon approval, they will be sent the card within 1 to 2 weeks.

To learn more about Dynamics, watch its FinovateFall 2012 demo.

Finovate Alumni News– October 24, 2012

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  • PayPal Starts Selling PayPal Here at AT&T Stores, Teams Up with MoneyGram.
  • Finextra reports Clear2Pay and Backbase join forces on customer experience.
  • Forbes looks at Dwolla’s business model.
  • Equifax partners with Lender Processing Services.
  • CU Insight covers DigitalMailer.
  • CNBC interviews Alastair Lukies, Monitise CEO and co-founder.
  • Xconomy lists peerTransfer as 1 of 5 startups to watch.
  • CU Broadcast chats with Mitek’s Daniel Simon.
  • American Banker features BankersLab’s CollectionLab.
  • peerTransfer First to Help Chinese International Students Pay in Renminbi.

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.

PayPal Starts Selling PayPal Here at AT&T Stores, Teams Up with MoneyGram

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Online payments platformPayPal made two key announcements earlier this week.

First, it announced that PayPal Here is being sold at 1,800 AT&T stores nationwide. The payment dongle costs $15, but you can recoup that money after signing up for a PayPal Here account. In comparison, PayPal Here competitor, Square, sells for $10 with a $10 credit.

Second, the payments company announced a partnership with MoneyGram, a global money-transfer service.

Through this partnership, PayPal users will be able to deposit cash and withdraw funds from MoneyGram’s 280,000 brick-and-mortar locations worldwide. Using MoneyGram, underbanked consumers can load their PayPal account with cash and pay online using PayPal instead of with a prepaid card.

PayPal expects to piloted this service in the U.S. in early 2013, and roll it out gradually after that.

To learn more about PayPal, watch its FinovateEurope 2012 demo.