Finovate Alumni News– June 26, 2012

  • Thumbnail image for Thumbnail image for Thumbnail image for Finovate-F-Logo.jpgVirtual Piggy’s platform now supports subscription payments.
  • Arroweye Solutions secures $3 million in funding.
  • Reamstown Mutual Insurance partners with ID Theft 911 to provide ID theft protection to policyholders.
  • Gigaom reports StockTwits relaunches with focus on real-time, curation.
  • Virtual Piggy announces agreements with Spyder Surf & Tahoe Mountain Sports.
  • Intiut ranks number 40 on the 2012 Computerworld 100 Best Places to Work in IT.
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.

Virtual Piggy’s Platform Now Supports Subscription Payments

Thumbnail image for Thumbnail image for VirtualPiggyLogo1.jpg

Virtual Piggy, whose technology enables children to safely make purchases online, announced last week that it now supports subscription payments.

With the new subscription model, Virtual Piggy supports users who want to pay subscription fees on a regular basis (usually monthly). Parents can even set the monthly payments to come out of their kids’ online allowance.

Fanlala, an online pop culture destination for tweens and teens, will be one of the first companies to implement Virtual Piggy’s subscription model. Users will be able to pay for subscription music and gaming services through Virtual Piggy’s online payment platform.

To learn more about Virutal Piggy, watch its FinovateSpring 2012 demo.

Finovate Alumni News– June 25, 2012

  • Thumbnail image for Thumbnail image for Thumbnail image for Finovate-F-Logo.jpgNetbanker highlights Simple’s Safe to Spend balance feature.
  • Money Week discusses non-traditional banking methods such as Zopa and Wonga.
  • Radware and Check Point Software Technologies form partnership.
  • miiCard wins “Technology Innovation in Financial Services” at the 2012 Digital Technology Awards.
  • Mint.com partners with Zillow to give users home valuation reports.
  • Monitise seeks Bankers for possible LSE switch.
  • Mobile Payments Today reports Dwolla is out to change the way money moves.
  • Bill.com wins Stevie Award for customer service.
  • Russian NOMOS-BANK launches Figlo Platform for its premium banking customers.
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.

BancBox Launches Payment Platform to Public

Thumbnail image for BancBoxLogo.jpg

Earlier this week, payment services platform, BancBox launched its new platform. While still in private beta, BancBox signed up 6 customers, including:

    • Giftly
    • ReadyForZero
    • CFTPay

In fact, it uses its own payments platform to process its payments.

TechCrunch reports on the startup’s future plans:

“In a few months, BancBox will roll out a prepaid debit card option in partnership with Discover, which will allow a mobile app to create a debit card on the fly. The virtual debit card can be then be scanned via QR code at checkout. (Customers can still swipe its plastic counterpart at more traditional merchants, however.)”

Here’s the pricing structure:

Pricing1.jpg
Pricing2.jpg
Pricing3.jpg

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

Finovate Alumni News– June 22, 2012

  • Thumbnail image for Thumbnail image for Thumbnail image for Finovate-F-Logo.jpgBusiness Insider reports on Expensify’s growth.
  • Financial Post covers FutureAdvisor.
  • Commerce Bank partners with Affinity Solutions & Affinion loyalty group.
  • eArticles names eToro the leading broker in Australian forex trading.
  • WSJ Live reports LearnVest plans to use web tech & phone consults to help users develop financial plans.
  • Mobile Apps Showdown profiles Personal Capital.
  • Volly selects ProfitStars for online payments.
  • Monitise chosen to launch new mobile banking service for Co-operative Bank.
  • Business Insider names Mint and Personal Capital 2 finance apps you can’t live without.
  • BancBox launches payment platform to public.
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– June 20, 2012

  • Thumbnail image for Thumbnail image for Thumbnail image for Finovate-F-Logo.jpg2 Minute Finance interviews TIO Networks at FinovateSpring.
  • 2 Minute Finance interviews Flint Mobile at FinovateSpring.
  • Check Point provides FXCM with integrated network protection.
  • IND Group’s technology initiates the world’s first Facebook money transfer.
  • Kashoo named most promising startup at 2012 BCTIA Technology Impact Awards.
  • DCisions awarded an Australian patent for business method.
  • SmartyPig, Social Money’s goal-based savings product, increases its interest rate to 1% APY.
  • TechCrunch reports PayPal rolls out a touch-friendly website redesign.
  • US News lists Buxfer, YouNeedABudget, Pennyminder, Yodlee, Geezeo, Mint as personal finance tools you should use.
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.

Nutmeg Receives $5.3 Million in Funding from Pentech, Tim Draper, and Others

Thumbnail image for NutmegLogo.jpg

Online investment management tool, Nutmeg, announced today that it has received $5.3 million (£3.4 million). 

Investors include:

    • Pentech
    • Daniel Aegerter (Swiss chairman of Armada Investment Group)
    • Tim Draper (an early investor in Skype in Europe and other notable startups)
    • Klaus Hommels (on Spotify’s board)

The startup will use the funds to help prepare for its UK launch later this summer.

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

Finovate Alumni News– June 19, 2012

  • Thumbnail image for Thumbnail image for Thumbnail image for Finovate-F-Logo.jpgThis is Money Blog compares Zopa with RateSetter and Funding Circle.
  • Geosho brings location-based visualization to Tradeshift.
  • TechCrunch lists reasons why its okay to trust FutureAdvisor to manage your money.
  • Credit Union Journal reports Star One CU Launches Tyfone’s Mobile Banking.
  • American Banker reports Andera’s oFlows supports paperless account opening.
  • Kony and Wipro form partnership to speed up mobile app development.
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.

Kony and Wipro Form Partnership to Speed up Mobile App Development

Thumbnail image for Thumbnail image for Kony.jpg

Last week mobile application management company, Kony Solutions, partnered with Wipro Technologies, a global technologies and outsourcing company. The partnership will enable Wipro to help developers in the U.S., U.K., Australia, and the Middle East build applications faster.

The joint solution will focus on mobile solutions for: 

    • Financial services
    • Healthcare and life sciencesThumbnail image for Thumbnail image for WiproLogo.jpg
    • Automotive
    • Retail
    • Utilities
    • Transportation

The two expect application development and rollout will accelerate by 40 to 70%.

To learn more about Kony Solutions or Wipro, watch Kony’s FinovateFall 2011 demo and Wipro’s FinovateEurope 2012 demo.

Finovate Alumni News– June 18, 2012

  • Thumbnail image for Thumbnail image for Thumbnail image for Finovate-F-Logo.jpgSimple sends out a wave of new beta invites, including one to Square’s co-founder.
  • The Financial Services Club explores how Fidor Bank is innovating in the traditional banking space.
  • Wall Street Journal looks at Doxo’s role in the bill payment space.
  • Barrons examines how SigFig’s portfolio managers work.
  • American Banker reports BankSimple Aims to Simplify Opening Online Accounts using Andera’s SDK.
  • The Wall Street Journal examines innovation in fintech.
  • Dwolla’s FiSync goes live.
  • Geezeo signs Missouri Credit Union.
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– June 14, 2012

  • Thumbnail image for Thumbnail image for Thumbnail image for Finovate-F-Logo.jpgAlbany Times Union reports CSI’s globalVCard leads execs out of ID theft and into mobile payments.
  • $3.7 bil Patelco CU commits to ThreatMetrix’s malware defense software.
  • Backbase powering online banking platform for Absa Group, a subsidiary of Barclays.
  • American Banker reports Firethorn Mobile to power Burger King’s mobile app.
  • GlobalCollect offers BOKU as Mobile Payment Checkout to its Merchant Network.
  • Financial Services and Big-Data Executive Mary Anne Keegan joins BillGuard as CMO.
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.