ID Theft 911 Chosen to Offer Data Breach Services to Safeonline LLP

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Identify protection company ID Theft 911 announced today that Safeonline LLP has chosen to provide data breach services to its customers:

“In response to the growing need for businesses to protect themselves from data breaches, Safeonline LLP is providing Identity Theft 911 expertise to cyber liability policyholders to help minimize the chance of a breach and better safeguard personally identifiable information.”

In addition to this coverage, the package will also include online tools and resources.

To learn more about Identity Theft 911, watch its Finovate 2007 demo

Finovate Alumni News– December 7, 2011

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  • Credit Union National Association reports ProfitStars’ service helps FIs support energy markets.
  • Lifehacker recommends visiting Credit Karma or Credit Sesame to view your credit score for free.
  • Computerworld takes you behind-the-scenes with MyCyberTwin’s AI technology.
  • Kabbage joins the X.commerce Global Ecosystem.
  • ID Theft 911 chosen to offer data breach services to Safeonline LLP.
  • MyBankTracker explores how FeeFighters cuts payment processing fees for merchants.
  • Expensify lists growth figures.
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.

Zecco Unveils its New Trading Center

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In an effort to provide the best value in online trading, Zecco unveiled its new Trading Center today. 

The upgrade includes:

    • Extended hours trading
    • Conditional orders
    • Pre-configured options trading strategy

The user interface displays charts, balances, quotes in real time, and a trade ticket to help users act on investment decisions in a timely manner.

It is also preparing ZeccoUX.jpgfor the release of iPhone and Android apps.

To learn more about Zecco, watch its FinovateStartup 2008 demo.

Credit Unions See Positive Results From Mortgagebot’s PowerSite Technology

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Yesterday CU Members Mortgage and its partners highlighted the benefits from using Mortgagebot’s PowerSite application technology:

“Its easy-to-use interface, coupled with error-free automation, helps credit unions increase value exponentially despite the industry’s many variables.”

It also announced significant results. In the two months since the launch, CU Members Mortgage and its partners have seen faster loan processing along with a conversion rate of 65%.

To see PowerSite in action, watch its FinovateFall 2010 demo.

SavvyMoney (Formerly DebtGoal) Launches New Site, Adds Jean Chatzky to Team

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Yesterday, debt assistant SavvyMoney.com (formerly DebtGoal.com) announced the launch of its rennovated website:

“The new site has been launched to assist those dealing with this financial burden and the mounting stresses associated with debt. SavvyMoney.com offers unique, “do-it-yourself” products and services that help consumers organize their debt and set realistic pay-off goals, as well as providing advice on which accounts to pay off first to make the greatest impact.”

It also announced that Jean Chatzky has joined the SavvyMoney team to serve as its Director of Education.

To learn more about SavvyMoney.com, watch its FinovateSpring 2010 demo.

Finovate Alumni News– December 6, 2011

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  • P2P Lending News reports Prosper & Lending Club issued $37.4 mil in loans in November.
  • Trade Streaming interviews Rob Foregger, co-founder of Personal Capital, on the future of online investing.
  • mFoundry receives $18 mil in growth capital from MasterCard, Intel, FIS, and Motorola Mobility.
  • Bank Systems & Technology looks at how USAA uses Yodlee to aggregate accounts and power its PFM.
  • SavvyMoney (Formerly DebtGoal) launches new site, adds Jean Chatzky to team.
  • Steve Shivers, doxo CEO, speaks up about the potential cuts to the US Postal Service.
  • Credit Unions see positive results from Mortgagebot PowerSite technology.
  • Q2ebanking ranks on The Austin American-Statesman’s List of Top Workplaces.
  • Zecco unveils its new Trading Center.
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.

GoalMine To Launch Holiday Gift Card Trade-in Service

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GoalMine, an investment service targeting the mass market, announced its holiday gift card trade-in service that will allow consumers to fund investment accounts using gift cards with leftover balances in excess of $25. 

Here’s how it works:

“After entering gift card numbers and values, customers will be prompted to create a free account, after which they can choose to apply their gift card values to one of GoalMine’s mutual funds or an FDIC-insured savings account. Accounts areGMGiftCard.jpg goal-based, so customers can easily allocate funds toward goals like buying a home, preparing for a new baby, or saving for a rainy day.”

The service will begin December 19 and last for a limited time after the holidays.

To learn more about GoalMine, watch its FinovateSpring 2010 demo.

Two Credit Unions Deploy Credit Karma’s Tools On Their Online Banking Platforms

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NorthCountry FCU and A+ FCU members now have free access to Credit Karma’s credit management tools on their online banking website:

“Through a member-centric approach, Credit Karma’s service provides a monthly credit score and a suite of personalized credit management tools. The tools enable members to access their credit scores, easily digest information on credit scoring, empower informed financial decisions, and put their credit to work to get the best products for their credit profile.”

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Credit Karma provides the same white-label service to over a dozen credit unions and also makes the tools available to the public at creditkarma.com. 

To learn more about Credit Karma, watch its FinovateStartup 2009 demo.

Weemba Adds 3 Financial Institutions To Its Network of Lenders

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Social lending platform Weemba announced today that its network of lenders has expanded:

“New Weemba lenders include Crossroads Financial, Mercantile Capital Corporation and MedChoice Financial/Perform Finance, bringing the total number of lenders in the Weemba community to more than 30.”

In the four months since its launch, Weemba has seen hundreds of loan applications that range from $1,000 to 1 million.

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

Finovate Alumni News– December 5, 2011

  • 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.

BECU Implements Leadfusion’s Guided Selling

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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.

Three Finovate Alumni Listed in Forbes Top 20 Private Companies

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:

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

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

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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.