Author: Julie Muhn (@julieschicktanz)

Finovate Alumni News– December 5, 2011

By Julie Muhn (@julieschicktanz) Posted on
Categories: Credit Karma, eToro, Kony Solutions, Lighter Capital, Mint.com, Personal Capital, SafetyPay, SecondMarket, Simple, Weemba
  • Thumbnail image for Thumbnail image for Thumbnail image for Finovate-F-Logo.jpgFox Business News recommends banking with Simple as a way to counter bank fees.
  • The Sacramento Bee reports SafetyPay expands to U.S. marketplace in the airline & travel payments industries.
  • GeekWire reports Lighter Capital awards undisclosed amount of cash to HireAHelper.
  • Barganeering looks at what sets Personal Capital apart from Mint.com.
  • Business Insider explores the differences between SecondMarket and SharesPost.
  • Sun Life partners with Kony on claims mobile app.
  • Weemba adds 3 financial institutions to its network of lenders.
  • Two credit unions deploy Credit Karma’s tools on their online banking platforms.
  • GoalMine to launch holiday gift card trade-in service.
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.

Share this:

Send Post Twitter LinkedIn Facebook

BECU Implements Leadfusion’s Guided Selling

By Julie Muhn (@julieschicktanz) Posted on
Categories: Leadfusion

LeadfusionLogo.jpg

Leadfusion announced yesterday that Boeing Employees Credit Union is the latest FI to implement its Guided Selling platform that helps empower customers when selecting product offerings.

Since launching Guided Selling, BECU reports positive results:

“We have seen an astonishing 45% engagement with the dialogue and CTR (click-through-rate) to the product comparison/selection tools, and 16% of those applying for a product directly from the Guided Selling tool.”

To learn more about Leadfusion, watch its FinovateFall 2010 demo.

Share this:

Send Post Twitter LinkedIn Facebook

Three Finovate Alumni Listed in Forbes Top 20 Private Companies

By Julie Muhn (@julieschicktanz) Posted on
Categories: Boku

Earlier this week, Forbes published a list of America’s 100 most promising private companies.  The rankings are based on annual revenue, number of employees, company strengths, partnerships, and a number of other qualifications. 

Three Finovate alumni made it onto the list, all the top 20:

Thumbnail image for <p>BokuLogo8.25.jpg

BOKU
Rank: 2
Category: Mobile payments platform
Founded: 2009
Funding: $38 million
Headquarters: San Francisco
FinovateEurope 2011 demo

Thumbnail image for SecondMarketLogo3.jpg

SecondMarket
Rank: 8
Category: Alternative trading platform
Founded: 2004
Funding: $34.2 million
Headquarters: New York
FinovateStartup09 demo

Thumbnail image for LendingClubLogo.png

Lending Club
Rank: 20
Category: P2P Lending Platform
Founded: 2006
Funding: $77.7 million
Headquarters: San Francisco 
FinovateStartup09 demo

To learn more about the ranking methodologies, visit here.

Share this:

Send Post Twitter LinkedIn Facebook

Finovate Alumni News– December 2, 2011

By Julie Muhn (@julieschicktanz) Posted on
Categories: Boku, Dwolla, Expensify, Jemstep, Leadfusion, Lending Club, MasterCard, mFoundry, peerTransfer, Prosper, SecondMarket, Simple

Thumbnail image for Thumbnail image for Thumbnail image for Finovate-F-Logo.jpg

  • MasterCard and mFoundry executives discuss partnership.
  • The Silicon Prairie names Dwolla number 1 startup in DesMoines, looks for a number 2 startup following the “Dwolla-trajectory.”
  • Simple is slowly sending out a few dozen invites at a time.
  • Prosper announces its support of UK P2P Finance Association.
  • The Social Lending Network shows off Lending Club’s Trading Platform.
  • Bloomberg Businessweek lists Expensify as an app that lets you work like an executive.
  • peerTransfer partners with Nelnet Business Solutions, provider of campus commerce services.
  • Boku, SecondMarket, & Lending Club listed in Forbes Top 20 Private Companies.
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.

Share this:

Send Post Twitter LinkedIn Facebook

Dwolla Now Free For Transactions Under $10

By Julie Muhn (@julieschicktanz) Posted on
Categories: Dwolla

Thumbnail image for DwollaLogo.jpg

Mobile payment startup Dwolla announced today that it will no longer charge a 25-cent fee for transactions under $10.

Dwolla assures its clients that there will be no changes to the product or service and that merchants will receive the same benefits.

On a separate note, Dwolla is celebrating its one-year anniversary of its national rollout today.

To learn more about Dwolla, watch its FinovateSpring 2011 demo. 

Share this:

Send Post Twitter LinkedIn Facebook

PeerTransfer Partners with Tuition Management Systems

By Julie Muhn (@julieschicktanz) Posted on
Categories: peerTransfer

Thumbnail image for Peertransferlogo.jpg

PeerTransfer, a startup that facilitates international tuition payments, announced a partnership with Tuition Management Systems, an organization that helps students manage college costs. 

“Through the partnership, families will be given additional flexibility and be able to make tuition and other education related payments, typically in the currency of their home country.”

The peerTransfer platform will be available to Tuition Management Systems’s network of over 700 schools across the nation. Students of these schools will benefit from lower fees and favorable exchange rates, saving up to $1,500 on a $40,000 tuition payment

To learn more about peerTransfer, watch its FinovateSpring 2011 demo.

Share this:

Send Post Twitter LinkedIn Facebook

MasterCard Invests in mFoundry to Bring PayPass to Mobile Phones

By Julie Muhn (@julieschicktanz) Posted on
Categories: MasterCard, mFoundry

mFoundryandMasterCard.jpg

Mobile banking solutions provider mFoundry announced a partnership with MasterCard yesterday. 

The new alliance will enable mFoundry to provide its network of over 500 financial institutions with MasterCard’s NFC-based PayPass technology. 

Thumbnail image for AndroidPayPassApp.jpg

To learn more about mFoundry and MasterCard, watch mFoundry’s FinovateFall 2010 demo and MasterCard’s FinovateFall 2011 demo.

Share this:

Send Post Twitter LinkedIn Facebook

Continuity Control Doubles 3rd Quarter Revenue, Partners with BancVue

By Julie Muhn (@julieschicktanz) Posted on
Categories: BancVue, Continuity Control

ContinuityControlLogo2.jpg

Compliance management company, Continuity Control, recently announced that it doubled revenue in the third quarter of 2011:

“As it did in the first two quarters of 2011, the company doubled its revenue again in the third quarter with growth in markets across the country.”

Along with this pattern of growth, it also announced a partnership with BancVue, a company that provides marketing and consulting solutions to community financial institutions. 

Thumbnail image for BancVueLogo8.31.11.png

To learn more about Continuity Control and BancVue, watch Continuity’s FinovateSpring 2010 demo and BancVue’s Finovate 2009 demo.

Share this:

Send Post Twitter LinkedIn Facebook

Finovate Alumni News– December 1, 2011

By Julie Muhn (@julieschicktanz) Posted on
Categories: Acculynk, ActivePath, billFLO, Cardlytics, Continuity Control, Dwolla, HelloWallet, MasterCard, mFoundry, PayPal, peerTransfer, Plastyc

Thumbnail image for Thumbnail image for Thumbnail image for Finovate-F-Logo.jpg

  • Bank Technology News lists ActivePath, Cardlytics, and PayPal as 3 of the top 10 tech companies to watch.
  • mFoundry powers First Hawaiian Bank’s m-banking.
  • The Houston Chronicle examines how Dwolla helps consumers give money to friends & family without exchanging cash.
  • Mixergy interviews Matt Fellowes, CEO of HelloWallet, to discover how it went from 0 to 300K subscribers in 5 months.
  • Plastyc receives over $1.2 mil in new funding from undisclosed investor.
  • Acculynk forms International Internet PIN Acceptance Consortium with major e-commerce merchants.
  • Taulia’s billFLO to continue service beyond December 1 shutdown date.
  • Continuity Control doubles 3rd quarter revenue, partners with BancVue.
  • PeerTransfer partners with Tuition Management Systems.
  • MasterCard invests in mFoundry to bring PayPass to mobile phones.
  • Dwolla now free for transactions under $10.
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.

Share this:

Send Post Twitter LinkedIn Facebook

eToro Adds Live Discussion Feed

By Julie Muhn (@julieschicktanz) Posted on
Categories: eToro

eToroLogo.jpg

Investment network eToro announced yesterday that it has added a live discussion feed to provide users a method to communicate outside of each others’ profiles:

“OpenBook is enabling traders to follow the general buzz on the network through a live discussion feed that brings all current discussions to the user’s attention.”

The discussion feed joins general feed, the top 100 feed, and the watch list feed on the OpenBook platform.

To learn more about eToro, watch its FinovateFall 2011 demo.

Share this:

Send Post Twitter LinkedIn Facebook

E*Trade To Use Mitek’s Remote Check Deposit Technology

By Julie Muhn (@julieschicktanz) Posted on
Categories: Mitek

MitekLogo.jpg

Mobile imaging company Mitek announced Monday that E*Trade will join Charles Schwab in providing remote check deposit technology to brokerage customers. It will be available on the iPhone next month and on the Android in early 2012. 

Mitek notes the benefit for E*Trade clients:

“The move by E*Trade, a New York-based online brokerage, is especially notable because customers currently have to mail a check or use direct deposit or transfer or wire money from an alternative account.”

E*Trade is hoping the added convenience will keep clients more engaged with its trading platform.

To learn more about Mitek, watch its FinovateFall 2011 demo.

Share this:

Send Post Twitter LinkedIn Facebook

Finovate Alumni News– November 30, 2011

By Julie Muhn (@julieschicktanz) Posted on
Categories: ActivePath, Cardlytics, Discover, eRollover, FeeFighters, FiPath, Mitek, PayPal, Simplifi, smartcredit.com
Thumbnail image for Thumbnail image for Thumbnail image for Finovate-F-Logo.jpg

  • Fox Business News interviews SmartCredit.com’s John Ulzheimer.
  • TechCrunch reports PayPal’s cyber Monday mobile payment volume is up over 500% from last year.
  • Bank Technology News profiles ActivePath.
  • Samurai from FeeFighters is now incorporated into Shopify in beta.
  • eRollover.com changes its name to FIPath.com.
  • Discover placed on 2011 InformationWeek 500 list that honors America’s most innovative users of business technology.
  • Bank Technology News profiles Cardlytics.
  • E*Trade to use Mitek’s remote check deposit technology.
  • Silicon India Startup lists SimpliFI as a tech tool to track investments.

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.

Share this:

Send Post Twitter LinkedIn Facebook