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Lodo chosen by 120 banks and CUs.
At FinovateEurope earlier this month, identity verification service miiCard polled 14 audience members to discover their take on what the top trends in financial services will be in 2012.
Some of the major themes included:
To learn more about miiCard, check out its FinovateFall 2010 demo and watch for its FinovateEurope 2012 demo coming soon to the Finovate website.
Information services company Lead411 published its list of 80 Hottest San Francisco companies yesterday. The companies were selected from a list of 2600 fast growing, privately held companies in the San Francisco area.
Three out of 80 companies listed are Finovate alumni:
To be selected, companies needed a 100% increase in revenues over the past two years or $5 million+ in funding in the past two years.
In the past week, doxo, an online file organization and bill pay platform, launched new features and added billers to its system.
Features
1) Added a digital drawer feature to help users organize files. The simple drag and drop functionality allows users to easily categorize companies into the file cabinet drawers.
2) Updated its desktop application to enhance session handling, intelligently name backup files, and allow for the creation of duplicate folders.
Billers Added
1) Benton and Franklin Counties in Washington state accept property tax payments
2) Eight healthcare systems across 40 hospitals including:
- Saint Luke’s Health System
- Advocate Health Care and Advocate Medical Group
- Novant Health
- Northwestern Memorial Hospital
- University of Illinois Medical Center
- Rockford Health System
- Rush-Copley Medical Center
To learn more about doxo, watch its FinovateSpring 2011 demo.
Yesterday, online financial communication platform StockTwits launched a new capability called Conversations:
“StockTwits Conversations group new contributions made in response to any piece of content together, creating another way to share and consume messages beyond real-time StockTwits streams.”
The new feature should bring the communication from Twitter to the StockTwits platform and help users find and contribute to conversations.
To learn more about StockTwits, watch its FinovateEurope 2011 demo.
The New York Times Bucks blog recently featured BillFloat, a startup that provides short-term loans to help consumers pay bills.
The metrics cited in the article:
Consumer costs:
To learn more about BillFloat, watch its FinovateSpring 2011 demo.
Kabbage, a startup that provides financing to online merchants, announced yesterday that it has partnered with UPS to use customer shipping data to make better underwriting decisions.
“Effective today, small businesses will be able to direct UPS to share their shipping history with Kabbage via the Kabbage.com website, making it possible for them to potentially obtain more capital at lower rates.”
A video on Kabbage’s blog states that UPS is also providing Kabbage an undisclosed amount of capital to grow its customer base and fund more small businesses.
To learn more about Kabbage, watch its FinovateFall 2011 demo.
In the week after FinovateEurope, I’ve been keeping track of press coverage from the conference. The media has generated a lot of buzz* about ETRONIKA’s use of Microsoft Kinect for online banking.
ETRONIKA, a Lithuanian startup, uses Kinect technology to provide users access to their online bank account via face and voice recognition, followed by a PIN number. After logging in, clients can navigate the system using voice commands and sweeping hand gestures.
Because this was the first time the Finovate team had ever seen this type of unique financial technology, we eagerly awaited seeing the demo. On the rehearsal day before the show, the microphones interfered with the voice recognition feature**. We sweated it out as the audio/visual team adjusted their equipment to minimize the echo caused by the large auditorium.
When ETRONIKA stepped up to the stage on the day of the conference, all fingers were crossed. Fortunately, the technology worked (almost) flawlessly, and the startup was able to share its unique technology with the audience.
ETRONIKA’s demo video will be posted on the Finovate website in a few weeks.
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*Press coverage includes:
**The voice-recognition feature works fine in a normal setting, this issue was solely caused by audio/visual technicalities.
InspirePay embeds Dwolla’s payment network.
