“The free DoughMain platform consists of a family calendar that is integrated with a chore tracker and an allowance/rewards tool. Parents set up their own customized DoughMain that serves as a secure micro-network for the family. On top of its family coordination platform, DoughMain offers financial education via three age-relevant game sites and integrated real-world financial experiences including a bank account and a Visa reloadable card.”
Author: Julie Muhn (@julieschicktanz)
miiCard Creates Validated Online ID Card
Later this afternoon, miiCard demonstrated an identity service that proves users are who they say they are:
“Simply put, we have a catalyst for change in miiCard – a user-centric federated identity that can truly change the way we transact online. A new proposition in the Electronic Identity and Verification (eID&V) market- place, miiCard, for the first time, offers the capability to establish online trust purely online and in real time. Whilst other identity providers and credit reference agencies validate informa- tion about someone – such as their address, credit rating and, more recently, some have introduced behavioral aspects such as questions about transaction history, miiCard validates that a customer is who they say they are. Equally important to the vendors, benefits to the consumer are:
- Security and control of personal data
- Convenience, consistency and simplicity
- Trust between parties in a purely online environment
miiCard is a federated identity service, which means it sits between the consumer and the vendor (or other consumer) and provides a level of trust between parties. miiCard can support not only the UK but North America, Western Europe, India, Australia, New Zealand and soon South Africa.”
Product Launched: October 2010
HQ Location: Edinburgh, United Kingdom
Company Founded: 2010
Metrics: Seed funding raised, 5 employees
Website: miicard.com
Presenting James Varga (CEO)
Wall Street Survivor Teaches Financial Concepts Through Hands-On Experience
“It couples a real-time stock market simulator with content to provide missions. Missions are a set of tasks that teach financial concepts such as creating a portfolio, researching stocks and mastering different trading strategies. Users learn through content and are given virtual cash to test their knowledge on the stock market simulator. Badges and rewards keep users engaged to keep pursuing missions. Wall Street Survivor also has leagues, where users can create their own virtual stock market competitions with their friends or join Wall Street Survivor’s leagues where the top traders win real cash.”
Product Launched: September 2011
Samurai by FeeFighters Lets Merchants Accept Payments Online
“Samurai is a feature-rich gateway that provides ultimate flexibility at an affordable price. With Samurai, you’ll be able to integrate payments on your site in minutes. Samurai boasts premium features such as intelligent routing, data portability, and gateway emulation. Send payments anywhere at a transaction level, meaning you can send a transaction where it makes the most sense financially. It’s also universally compatible, so you aren’t locked into a particular provider. Incredibly easy setup at a fantastic and simple price: $10/month + $0.10/transaction, no other costs.”
CarryQuote’s IntelliCast Solution Delivers Financial Research and Multimedia Content
This afternoon, CarryQuote shared a mobile research delivery solution, IntelliCast:
“A private-labeled solution that allows you to securely deliver proprietary research and multi-media content directly to your clients’ Apple, Android, BlackBerry, or Microsoft smartphones and tablets.
Through CarryQuote’s unique, SaaS-based mobile technology platform, which offers compatibility across all five major mobile platforms, CarryQuote IntelliCast allows you to place a highly-advanced, branded mobile application in your clients’ hands, and become their “go to” source for the latest financial research. Notably, this turnkey solution can be customized and deployed across all platforms in under six weeks.”
Product Launched: February 2011
PayNearMe Allows Cash Payments for Online Bills
“PayNearMe combines a load network with a flexible application development platform that enables consumers to conduct a broad range of remote business transactions.We will demonstrate PayNearMe-based applications in international remittance, retail-enabled bill payment, and mobile payments with cash.”
Product Launched: September 15, 2010
BankSimple Unveils Its Modern Mobile Banking Experience
Finishing off today’s morning session, BankSimple publicly demonstrated its product for the first time:
“It’s a fast, easy-to-use web and mobile experience with advanced features such as a prominent Safe-To-Spend balance, fast natural language search, adjustable savings goals and much more.”
MasterCard’s inControl Service Features the Small Business Controller Product
“MasterCard inControl is an innovative, flexible service, which enables issuers to easily introduce payment products that offer unparalleled controls and real-time alerts to both consumer and commercial cardholders.
The suite of inControl offerings satisfies strong end-user needs for high security and controlled access to spending accounts, while providing cost-efficiencies and speed-to-market for issuers without the need for any changes in the payment process at the merchant.”
Lighter Capital’s RevenueLoan: Where Entrepreneurs Fund Entrepreneurs
“RevenueLoan is our light-weight and flexible financing option that fits an unmet need in the small business funding market. Our revenue-based finance model exchanges growth capital for a fixed percentage of a company’s revenues.
Entrepreneurs prefer this as there’s no dilution, no loss of control, and no fixed repayment schedule. For us, this provides a more scalable funding strategy as we have more consistent of repayment than venture investors while achieving higher rates of returns than banks. We’re also the first small business lender to build a company’s social media and web presence directly into our loan evaluation process.”
Jingit Helps Consumers Earn Cash for Brand Engagement
“With Jingit, you earn real cash (not credits, points or virtual currency) by engaging with brands. Instantly spend that cash to buy goods online with your Jingit balance, or in the real world with a Jingit Visa® Debit Card.”
planwise Helps Consumers Grasp and Plan Their Financial Future
“We are to demo the core proposition of planwise, which enables the consumer to > Learn > Plan > Quote > Apply > Get Advice around any life plans they may have and the credit products that would be required to make them happen.
The tools enable any consumer from all ranges of demographic, age, financial or computer knowledge to better understand how the plans they make today affect their finances in the future, so they can make better decisions. We will be launching with demoing mortgage products.”
InComm and CorFire Bring a Tailored Mobile Wallet Experience
“InComm’s innovation is a mobile commerce platform that will deliver promotion, loyalty, and general payment solutions to national merchants and their customers. This will differ from other mobile wallet platforms in that the solution will tailor to the retailer’s needs, providing a merchant-branded environment and thus, the ability to be directly involved in the consumer’s wallet experience.
When combined with loyalty and gifting, merchants will have a fully functional application that simplifies the consumer’s life, reducing the need for magnetic swipe technology and harboring next generation technologies such as near field communication.”