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Balance Financial, a software suite for financial professionals, launched a solution called Portfolio Reporting today.
The new solution serves as a one-stop-shop for financial advisors, family offices, and CPAs to track and review their clients’ financial holdings.
Below is a description from Balance’s website:
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Secure payments startup, OpenCuro announced today that its payment module will be available in Zen Cart’s open source shopping cart.
The payment module is free and can be integrated with OpenCuro’s API. Merchants that already use Zen Cart can begin accepting payments on their checkout site via 
OpenCuro in minutes.
The module can be installed on the OpenCuro or Zen Cart website and requires no IT or programming skills.
To learn more about OpenCuro, watch its FinovateSpring 2012 demo.
Q2ebanking partners with cybercrime prevention company, Trusteer.
Yesterday, the Washington Post covered how BancVue’s Kasasa helped a credit union attract Gen-Y customers.
Money One FCU is using Kasasa’s Tunes program that allows members to choose iTunes downloads over interest (3.01%).
Of the credit union’s 12,400 members, 50 have opted into the Tunes program, while 900 chose to reap the 3.01% interest.
The program doesn’t have any fees, but members must meet two stipulations in order to benefit from it:
1) Use their debit card at least 10 times per month
2) Sign up for online banking
The credit union’s president and CEO, Debbie Connors, discloses that the number of new checking accounts has increased by 4 times in the past few months.
To learn more about Kasasa and BancVue, watch Kasasa’s Finovate 2009 demo and BancVue’s FinovateFall 2011 demo.
Q2ebanking, an ebanking solutions company, announced a partnership this morning with Trusteer, a cybercrime prevention solution company.
The partnership integrates Trusteer’s solutions into Q2ebanking’s products and will allow financial institutions to leverage Trusteer’s fraud protection solution to:
The Trusteer products are pre-integrated with Q2ebanking’s solutions in order to shorten implementation time for financial institutions.
To learn more about Q2ebanking, watch its FinovateSpring 2011 demo.
Des Moines Register reports Dwolla to establish small New York City satellite office.
Des Moines-based Social Money, the creator of GoalSaver technology and owner of SmartyPig, announced a partnership with ICICI Bank in India yesterday.
The 2,700-branch bank will have access to Social Money’s GoalSaver product (pictured right). While the bank has not yet disclosed how it will use the product, Bank Innovation shares an inside scoop:
“Broadly, GoalSaver hopes to enliven checking accounts with social networking features and a better user interface. The product boasts a goal feature, for example, which lets a customer share his goal savings progress with his networks on Facebook and Twitter, if he wishes.”
ICICI Bank, located in 20 countries, plays a large role in Social Money’s international strategy. It will launch the product later this year.
To learn more about Social Money, come to FinovateSpring and watch its live demo. To learn more about SmartyPig, watch its FinovateFall 2010 demo.
Last month, we blogged about a FreeMonee FAQ page for U.S. Bank that hinted at a partnership. Today the bank partnered with the national gift network, making this official.
“The FreeMonee Gifts are targeted to ensure they are relevant and valuable to customers. Cardholders redeem their gift by simply using their U.S. Bank Check Card when they shop at the specific retail store, website or restaurant named in their gift message. Once the purchase is completed, U.S. Bank automatically credits the cardholder’s account with the specified gift amount.”
U.S. Bank is the first financial institution to offer FreeMonee. As Clifford Cook, CMO for U.S. Bank Retail Payment Solutions states, “U.S. Bank is continually looking for ways to reward our loyal cardholders.”
Advisors4Advisors describes inStream Solutions as the future of professional wealth management software.Dwolla redesigns dashboard page, reveals celebrity investor.
Alternative payments company, Dwolla has been covered quite a bit in the news lately. Here’s why:
First off, Silicon Prairie News reported that Dwolla rolled out a redesign of its user dashboard page on Sunday. There are no major changes, but the design is more user friendly and aesthetically pleasing.
Here are the major changes:
1) Account balances are located at the top of the user’s dashboard page
2) Users send and request money using a text box below their photo3) A text box in the middle of the page enables users to find contacts by entering their name, email address, or phone number
4) There’s a new tab called Places (as seen below) that has a Foursquare application. There’s no identified use for this yet, but the text on the dashboard states, “We are currently in the process of building an awesome platform to help you find new places to use Dwolla!”
5) During the registration process, users are immediately given 10 cents to send to five of their friends. Silicon Prairie explains how it works:
“Following a registration page, the first action a new user is encouraged to take is to send money, free money. ‘Search for someone and we’ll shoot them some cash on your behalf,’ Dwolla’s website says. Users have the ability to send 10 cents to an individual by entering an email address or phone number or connecting their Facebook account to send to a friend.”
The Iowa-based startup is also in the news for the confirmation of rumors that Ashton Kutcher invested in Dwolla’s recent Series B funding round. Kutcher, an Iowa native, broke the news on an episode of Prairie Cast yesterday.
The Des Moines Register also covered the announcement and included 16 photos of Milne with Kutcher. Here’s Milne’s reaction of the experience:
To learn more about Dwolla, watch its FinovateSpring 2011 demo and come to FinovateSpring May 8 and 9 to see Dwolla’s new technology that Milne refers to as, …”a 420-second demo of a first-of-its-kind technology.” Get your ticket here.
