Author: Julie Muhn (@julieschicktanz)

PayPal Partners with Payment Solution Company ABJ Software

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

PayPalLogo.jpg

Fresh after PayPal revealed its point of sale pilot with Home Depot stores, TechCrunch reports that PayPal has partnered with ABJ Software, an international company that specializes in transaction authorization, PIN and point of sale communication, and many other solutions.

TechCrunch reports:

“AJB will build a native PayPal interface within its integrated payment solutions platform. The interface can then be made available to AJB’s retail customer base…. Similar to the Home Depot integration, PayPal members will have the option of paying for merchandise by swiping a PayPal Access Card or by entering the mobile telephone number and password associated with their accounts.”

This partnership will help PayPal’s technology reach 250,000 point of sale terminals in ABJ’s 140-plus retailer base.

To learn more about PayPal, watch its FinovateSpring 2011 demo and come to FinovateEurope 2012 in London next month to see its live demo.

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Intel Will Use SecureKey’s Authentication Technology on New Ultrabooks

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

SecureKeyLogo.jpgToronto-based SecureKey announced yesterday that Intel will use the SecureKey tap-to-authenticate and tap-to-pay technology on the Intel Ultrabook. The technology will be available on the line of Ultrabooks with the third generation Intel Core.

This move is expected to help SecureKey greatly expand the reach of its solutions.

To learn more about SecureKey’s technology, watch its FinovateEurope 2011 demo.

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Finovate Alumni News– January 11, 2012

By Julie Muhn (@julieschicktanz) Posted on
Categories: Dwolla, eWise, Expensify, Guardian Analytics, On Deck Capital, PayPal, ProfitStars, SecureKey, ValidSoft
  • Forbes lists Expensify as 1 of 10 financial innovations that will make your life easier in 2012.
  • Guardian Analytics releases Anomaly Detection Toolkit to help FIs address the expectations for layered security.
  • Tax compliance monitoring service, Tax Guard, partners with ProfitStars.
  • ValidSoft joins “Get Safe Online” to help consumers protect themselves. Watch its live demo at FinovateEurope.
  • Regions Bank joins eWise’s Secure Vault Payments network.
  • Intel will use SecureKey’s authentication technology on new Ultrabooks.
  • PayPal partners with payment solution company ABJ Software.
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.

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On Deck Releases Version 1 of API

By Julie Muhn (@julieschicktanz) Posted on
Categories: Lendio, On Deck Capital

OnDeckLogo.jpgOn Deck, the startup that delivers capital to main street businesses, released the first version of its API today.

“This gives banks, online service providers to small businesses, and the over 800 On Deck Funding Advisor partners integrated access to the On Deck platform, which includes their powerful credit decision and application submission system. Through the API, these third parties can now incorporate On Deck’s loan origination and credit scoring functionality into their own software applications, bringing increased efficiency to the small business lending process without adding additional steps to the workflow or user experience.”

The API supports two functions:

    1. Credit pre-qualifications — Allows financial institutions to determine if their clients qualify for a short-term business loan
    2. Application submission — Allows third parties to submit loan applications from their CRM system
Lendio, a company that matches lenders with small business owners seeking to borrow capital, is using the API to pre-qualify borrowers and match them with lenders using On Deck’s technology.

To learn more about On Deck, watch its Finovate 2009 demo.

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ThreatMetrix Acquires TrustDefender, Expands Cybercrime Defender Platform

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

Thumbnail image for Thumbnail image for ThreatMetrix.jpgOnline security company ThreatMetrix announced today that it acquired Australian-based TrustDefender. This acquisition brings three additional products to the ThreatMetrix Cybercrime Defender Platform:

    1. TrustDefender™ ID — a cloud-based solution that validates returning customers in real time.
    2. TrustDefender™ Cloud — a cloud-based solution that protects customer data from fraud, malware, man-in-the-browser and trojan attacks, and data breaches.
    3. TrustDefender™ Client — a client-based solution installed on end-user computers that helps mitigate the risk of malware.
TechCrunch reports that the sale was made using a combination of stock and cash from ThreatMetrix’s $12 million round of funding last October.
To learn more about ThreatMetrix, watch its FinovateStartup09 demo.

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Secure Vault Payments Adds Nebraska Online Child Support Website to Vendor List

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

Thumbnail image for ewiselogo9.1.11.jpgYesterday, U.S. Bank announced that it implemented eWise’s Secure Vault Payments (SVP) for Nebraska Online Child Support Payments, adding it to the SVP vendor list.

Here’s how it works from an end-user perspective:
“With Secure Vault Payments, a non-custodial parent initiates the payment at the Child Support Center’s website. The parent is automatically redirected to his or her bank’s online banking platform to select the account to use for payment. The participating financial institution authenticates the payer and immediately withdraws funds from the payer’s account and then transfers funds to the Child Support Center the next business day.”

Nebraska Online Child Support Center reported that, within just a few hours of implementing SVP, the first payment using the technology was completed. 

To learn more about eWise’s Secure Vault Payments, watch its FinovateSpring 2011 demo.

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Finovate Alumni News– January 10, 2012

By Julie Muhn (@julieschicktanz) Posted on
Categories: eWise, LearnVest, MiiCard, Outright.com, Plastyc, ThreatMetrix

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  • Wired Magazine UK describes how miiCard is working to help prove online identities.
  • Wall Street Journal’s MarketWatch looks at how LearnVest seeks to shake up financial planning.
  • Plastyc publishes a fee and feature comparison between its UPside Visa prepaid card and Suze Orman’s The Approved Card.
  • eWise’s Secure Vault Payments adds Nebraska Online Child Support website to vendor list.
  • ThreatMetrix acquires TrustDefender, expands Cybercrime Defender Platform.
  • Outright releases a widget to help those filing a 1099-K escape possible IRS audits.
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.

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ReadyForZero’s New Year’s Challenge

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

ReadyForZeroLogo.jpg

Last week, debt assistance startup ReadyForZero unveiled its New Year’s Challenge that aims to help users pay off more debt in 2012. It consists of two parameters: 

    1. You must commit to pay 10% more toward your debt for three months
    2. You must pledge not to use your credit card during that time

Here are the three steps of the challenge:

Step 1

RFZPopup.jpg

Step 2

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Step 3

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After completing all three steps, users receive a badge (see screenshot below) to solidify their commitment.

2012Badge.jpg

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

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miiCard Partners with Consumer Data Company Callcredit

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

Thumbnail image for miiCardLogo.jpg

This morning, online identity verification service miiCard announced it has entered into a strategic partnership with UK-based Callcredit:

“Blending the identity validation and authentication services of miiCard with the consumer data and identity verification services of Callcredit will create a new kind of online identity service that not only provides convenience for the consumer but cost savings, fraud protection and increased conversions for in the industry.”

The two companies aim to be the first to provide the UK with an online identify verification service.

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

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Finovate Alumni News– January 9, 2012

By Julie Muhn (@julieschicktanz) Posted on
Categories: ActivePath, BrightScope, HelloWallet, MiiCard, Prosper, ReadyForZero

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  • Prosper launches web app for Apple and Android Mobile devices.
  • ActivePath appoints former President & CEO at Oversee.net, Jeff Kupietzky, as CEO.
  • Investment News recommends advisors introduce HelloWallet to their clients.
  • The Huffington Post names BrightScope a “civic startup.”
  • miiCard partners with consumer data company Callcredit.
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.

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Prosper Launches Web App For Apple and Android Mobile Devices

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

Thumbnail image for ProsperLogoSmall.jpg

Yesterday, P2P marketplace Prosper unveiled a web app that enables borrowers and lenders to access their accounts on-the-go in an easy-to-read format. 

The mobile platform will allow users to:

    • ProsperMobile.jpgView their account balance, annualized return, and portfolio allocation
    • Browse individual listings and invest in the ones they choose
    • Transfer funds to their Prosper account

The app is browser-based so it cannot be purchased from the App Store or the Android Marketplace. To access the mobile app, type prosper.com into the browser on your mobile device (the address will automatically be changed to m.prosper.com).

To learn more about Prosper, watch its FinovateStartup09 demo.

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Intuit Works With Visa to Launch Prepaid Card

By Julie Muhn (@julieschicktanz) Posted on
Categories: Intuit, VISA

Thumbnail image for Thumbnail image for IntuitLogo.jpgVisaLogo.jpg

Visa shared on its blog yesterday that California-based Intuit recently launched a prepaid Visa card called GoPayment:

“Those who use Intuit’s GoPayment mobile acceptance app and reader can now link their GoPayment account to a Visa prepaid card, conveniently separating the funds collected through GoPayment from other finances.”

IntuitVisaCrd.jpg

Users can make purchases with the card online and in-store, and they can use it to withdraw cash at an ATM.

To learn more about the two companies, watch Visa’s FinovateSpring 2010 demo and Intuit’s Finovate 2009 demo.

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