“With a fun online platform that brings families together, PlayMoolah offers a great way for financial institutions to plug in and improve online customer engagement, account activity, and life-time value of their family customer segments, all while bringing financial literacy to kids around the world.”
Waspit Launches Social Banking for Students
“Waspit’s new platform combines the most innovative payment capabilities students now expect from an FDIC insured account (including mobile payments) with their emerging social media habits.
By syncing Waspit with any of the major social media platforms, users can easily exchange money with friends, benefit from auto-Foursquare and Facebook check-in, and post reviews that create conversation around venues they and their friends have made purchases at – particularly about those good venues and those to avoid. Users are rewarded with points each time they make a purchase, post reviews or introduce friends. Points can be redeemed for gift cards from retailers like Amazon.”
Internet Biometric Security Systems Launches Genesis Enterprise Edition
“IBSS is launching its Genesis Enterprise Edition, representing an advanced, affordable, real-time human identification technology for online financial service transactions.
- Factor 1: Real- time legal identification of end-user personal information.
- Factor 2: Coupled real-time biometric facial authentication.
- Factor 3: Coupled real-time speaker authentication.
- Factor 4: Coupled real-time session biometric monitoring of each online financial transaction event, supported with a scalable biometrically authenticated timeline audit log record.
IBSS’s technology is a full perimeter online access security solution that provides superior end-user identification of the actual banking customer, as well as the actual online financial services representative used in the collaborative sharing of confidential financial information through a common group shared database. IBSS’s superior identification improves bank security for both online consumer transaction activity identification, and equally promotes a higher degree of consumer trust of online bank employee identification integrity by using the same biometric identification standards used by their own customers.”
LearnVest Launches Certified Financial Planner and Mobile App
“LearnVest is uniting the Money Center with our unique financial planning platform. We believe that financial plans should be dynamic guides that are central to your everyday decision-making.
There are two key additions: First, premium members can now share a view of their Money Center with their LearnVest planner. This allows the planner seamless access to their clients’ most current financial profiles. Second, LearnVest is introducing a Priorities feature that allows members to set goals (such as debt repayment) and track their progress against them.”
Ideon’s Choice FS Allows Users to Create Their Own Savings Solutions
Then, Ideon showed how its new solution can help users choose the investment opportunity that’s right for them:
“The CHOICE direct-to-consumer model that is currently in development allows users to create their own savings and/or investment solutions from the convenience of any channel and device by selecting the term, guaranteed minimum rate, liquidity and source of additional potential return, all with the security of FDIC insurance, in a completely transparent, clear and honest manner.
The search for income in a low yield environment creates unwanted risk for many consumers. With CHOICE, that problem is removed. Furthermore, in an improved rate environment, CHOICE is able to offer consumers significantly higher returns than they can obtain through traditional players.”
BSCG Launches Business Hub for Small Businesses
“Business Hub is a cloud-based package that incorporates the most important tools a small business owner needs. For $25 per month, small businesses get access to online accounting software, a website builder, a business planning tool, a legal document creator and online training.Business Hub is delivered via a fully customizable online platform, allowing business owners to manage key functions in one place with a single username and password. The exact suite of applications can be customized for each bank.”
ShopKeep POS’ Solution Enables Merchants to Run a Store from an iPad
“The simplest way to make smarter business decisions, ShopKeep POS is the affordable and complete cloud-based point of sale platform for running a store from an iPad.
Backed by the industry’s best customer care, the ShopKeep POS iPad app rings sales, processes credit cards and mobile payments, prints and emails receipts, and prints orders remotely to the kitchen. Merchants can manage inventory and a customer database and view ClearInsight Reports from any web browser. Plus, they can access real-time sales remotely via a smartphone to make important business decisions even when they are not in the store.”
Segmint Launches One Button SegmintEngage Solution
“Segmint’s new and highly-advanced SegmintEngage feature allows FIs to create online campaigns in less than a minute – targeting the offer, creating a banner and assigning website zones – through a completely automated feature of the application. This “One Button” application empowers FI marketers to deliver campaigns without engaging multiple support partners within their organization, ultimately saving time and resources.”
C.K. Mack Uses Rental Real Estate to Give You a Higher ROI
“C.K. Mack brings the returns generated by rental real estate to the online investing market. With the beta launch of our investment platform, accredited and institutional investors will be able to sign up, log in, and invest as little as $25 in the cash flow of rented property. This opportunity will be open to all investors as soon as we have SEC approval.
Our website offers investors several high-equity properties, along with due diligence information so investors can balance anticipated return on investment with a comfortable risk level. C.K. Mack’s new web platform opens the historically-popular field of real estate to a broad audience, allowing unprecedented diversification and stellar returns.”
PreCash Launches Flip, a Mobile Check Deposit App for the Underbanked
“Flip is the first app offering immediate mobile check deposit (IMCD) and free bill pay transactions to underbanked consumers.
IMCD is a significant convenience for those who currently cash checks at check cashing stores. Current mobile check deposit solutions take up to three days, or require the user to have a bank account. For people living paycheck-to-paycheck, that wait is simply too long. With Flip, consumers can deposit checks into a prepaid account and access their money immediately. There is no bank account required and no need to take time away from work or family to go to a check-cashing store. Combine that with free bill payment transactions, and Flip is the first viable mobile solution for consumers who need or choose bank alternatives.”
Truaxis Helps FIs Market to their Most Profitable Customers
“Truaxis understands that big data is a profitability gold mine for banks if properly gathered, interpreted and acted upon. With its Profitability Analytics module, StatementRewards will use transaction and banking data to inform banks what their most profitable customers look like and help banks create sophisticated cross-sell campaigns to capture more of their customers’ financial accounts.”
Finovate Alumni News– September 10, 2012
SimpleTuition acquires textbook marketplace ValoreBooks to help college students save
- Virtual Piggy partners with skateboard brand, GoldCoast. Come see Virtual Piggy’s live demo at FinovateFall.
- Acculynk wins Lion’s Den competition at the ATPS Latinoamerica in Miami.
- Planwise gives a sneak peek demo of platform upgrades.
- The Sydney Morning Herald reports UBank wins 2012 Financial Review Smart Investor Blue Ribbon Award for its variable home loan. Come see UBank at FinovateAsia in Singapore.
- Digital Trends looks at how (Bank)Simple is jumping through regulatory hoops.
- NY Times suggests FamZoo to help children & parents manage allowance.
- Millennial Vision and Cachet Financial Solutions partner to remarket mobile remote deposit solution. Come check out Cachet Financial at FinovateFall this week in New York.
- Huff Post reports: Andera CEO Charlie Kroll Builds Business To ‘Help Small Banks Compete Against The Big Guys’.
- TechCrunch interviews BillGuard CEO Yaron Samid.
- TechCrunch reports: Doxo Uses QR Codes To Bridge The Gap Between Paper Bills And Mobile Payments.