Announcing the FinovateEurope 2012 Presenter Lineup

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FinovateEurope 2012 is just over two months away and it is shaping up to be a great conference. The quality and number of applications we received from companies seeking to debut their latest fintech innovations at the event was truly impressive. That quality meant hard choices for us during the selection process but it also means an amazing showcase of new ideas in European financial technology for the audience.

On February 7th next year, the following companies will take the stage
in London to demo their latest and greatest innovations (we’ll also be
revealing a couple of “stealth” additions to this list closer to the
event):

  • AcceptEmail
  • Actiance
  • Adobe
  • Backbase
  • BCSG
  • Cardlytics
  • CREALOGIX
  • CurrencyFair
  • DCisions
  • eToro
  • ETRONIKA
  • Fenergo
  • Figlo
  • Fiserv
  • Holvi Payment Services
  • iBrokr AG
  • IND Group
  • Ixaris Systems
  • Kabbage
  • Luup
  • Meniga
  • miiCard
  • Mootwin 
  • Nutmeg
  • PayPal
  • Ping Identity
  • Quid
  • Sandstone Technology
  • Serverside Group
  • Service2Media
  • Striata
  • Tradeshift
  • ValidSoft
  • Wipro Technologies

If you’d lock in your spot to watch the future of financial and banking technology debut in London next February, please register soon. Tickets for the event are selling quickly — well ahead of last year’s pace when we sold out weeks ahead of the conference. In addition, register by Friday December 2nd and you’ll get the affordable very early-bird price on your ticket.

FinovateEurope 2012 is sponsored by: BlueRock Consulting & The Bancorp Bank

FinovateEurope 2012 is partners with: BankerStuff, BankInnovation, Deutsch Startups, The Financial Services Club, The Financial Services Innovation Centre, and PYMNTS.com.

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.

Finovate Alumni News– December 2, 2011

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  • 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.

Dwolla Now Free For Transactions Under $10

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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

Announcing the FinovateEurope 2012 Presenter Lineup

europe-blog.gif

FinovateEurope 2012 is just over two months away and it is shaping up to be a great conference. The quality and number of applications we received from companies seeking to debut their latest fintech innovations at the event was truly impressive. That quality meant hard choices for us during the selection process but it also means an amazing showcase of new ideas in European financial technology for the audience.

On February 7th next year, the following companies will take the stage
in London to demo their latest and greatest innovations (we’ll also be
revealing a couple of “stealth” additions to this list closer to the
event):

  • AcceptEmail
  • Actiance
  • Adobe
  • Backbase
  • BCSG
  • Cardlytics
  • CREALOGIX
  • CurrencyFair
  • DCisions
  • eToro
  • ETRONIKA
  • Fenergo
  • Figlo
  • Fiserv
  • Holvi Payment Services
  • iBrokr AG
  • IND Group
  • Ixaris Systems
  • Kabbage
  • Luup
  • Meniga
  • miiCard
  • Mootwin 
  • Nutmeg
  • PayPal
  • Ping Identity
  • Quid
  • Sandstone Technology
  • Serverside Group
  • Service2Media
  • Striata
  • Tradeshift
  • ValidSoft
  • Wipro Technologies

If you’d lock in your spot to watch the future of financial and banking technology debut in London next February, please register soon. Tickets for the event are selling quickly — well ahead of last year’s pace when we sold out weeks ahead of the conference. In addition, register by Friday December 2nd and you’ll get the affordable very early-bird price on your ticket.

FinovateEurope 2012 is sponsored by: BlueRock Consulting & The Bancorp Bank

FinovateEurope 2012 is partners with: BankerStuff, BankInnovation, Deutsch Startups, The Financial Services Club, The Financial Services Innovation Centre, and PYMNTS.com.

PeerTransfer Partners with Tuition Management Systems

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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.

MasterCard Invests in mFoundry to Bring PayPass to Mobile Phones

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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. 

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

Continuity Control Doubles 3rd Quarter Revenue, Partners with BancVue

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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. 

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

Finovate Alumni News– December 1, 2011

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  • 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.

eToro Adds Live Discussion Feed

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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.

Mobile: USAA Introduces "Stay Logged On" Option for iPhone App

imageI’m not sure if this is normal or not, but I enjoy the process of updating the 100-some apps on my iPhone. I’m always interested in what’s changed and how the company communicates the new info to users. I’ve noted before that banks aren’t good at leveraging this customer touchpoint, but they are getting better.

USAA mobile banking update v4.0 wit "stay logged on" In the latest round of app updates, I noticed a nice improvement from USAA (see inset; note 1). Instead of automatically logging you off whenever you move out of the app, say to take a call or fire off a text, the bank provides the option of staying logged in for up to 20 minutes.

Sure, there’s a tiny risk that if you were to lose your phone or loan it to someone during that time, they could get into your account. But your average smartphone thief is unlikely to click on the USAA button during those first 20 minutes. And even if they did, it’s unlikely they could do much with the info.

Bottom line: I want this option on all my banking apps.

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Notes:
1. This iPhone update (v. 4.0) was pushed out, 8 Nov 2011
2. For more on mobile banking, see our subscription publication, Online Banking Report.