Blog - Page 1041 of 1193

Finovate Alumni News, October 27, 2011

By Julie Muhn (@julieschicktanz) Posted on October 27, 2011
Categories: BillFloat, BillShrink, Budgettracker, Continuity Control, Credit Karma, Expensify, FreeMonee, HelloWallet, Mint.com, mShift, Offermatic, Simple

Credit Karma is giving away free credit-monitoring service to first 12,500 readers.

HelloWallet opens a second office in San Francisco.

FreeMonee tells AOL Daily Finance that it is to launch a merchant-reward plan with a major U.S. bank on Nov 17.

Credit Union Times reports that mShift is one of the three largest providers of mobile banking tools to credit unions.

ABC News looks at BankSimple’s alternative banking approach.

Auto insurance & finance providers The General, Mark One Holdings, & Freeway Insurance add BillFloat as a payment option.

Continuity Control endorsed by Western Independent Bankers.

Expensify launches an app for the Windows phone.

Mlive.com recommends using BillShrink (Truaxis) to avoid an outrageous mobile bill.

Mint.com and Budgettracker.com are recommended as two tools for mitigating financial mistakes.

BankFutura.com profiles Offermatic.

Bank of America will use Yodlee’s FinApp Platform.

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.

Share this:

Send Post Twitter LinkedIn Facebook

The Super Early-Bird Ticket Deadline for FinovateEurope 2012 is Friday October 28. Lock in your spot now!

By finovate Posted on October 26, 2011
Categories: FinovateEurope 2012

As I watch the discussion of the EU’s (and the world’s) financial state in the media these days, I can’t help but see tremendous entrepreneurial opportunities. From helping individuals to manage their money more confidently to helping banks to find new revenue streams to helping small businesses with alternative lending options and much more, there has never been a better time to be innovating in financial technology.

As I write this, our team is hard at work on our next showcase of the companies that are on the cutting-edge of those opportunities — FinovateEurope 2012 — which will take place February 7th in London. Over the last two weeks, we’ve begun screening the applicants that want to demo their latest fintech innovations at the event and it’s shaping up to be an incredible roster of companies.

If you’d like join us in London and watch the future of financial and banking technology debut on stage via our fast-paced demo-only format, please get your ticket soon. Tickets for the event are selling strongly — well ahead of last year’s pace when we sold out weeks ahead of the conference — and registering now is the only way to guarantee your spot and the affordable super early-bird ticket price!

FinovateEurope 2012 is sponsored by: BlueRock Consulting

FinovateEurope 2012 is partners with: Deutsch Startups, The Financial Services Club, and the Financial Services Innovation Centre

Share this:

Send Post Twitter LinkedIn Facebook

Wikinvest Launches iPad Version of its Portfolio Tracker

By Julie Muhn (@julieschicktanz) Posted on October 26, 2011
Categories: Wikinvest

Today, Wikinvest launched Wikinvest Portfolio HD, an iPad version of its portfolio tracker. The app aggregates accounts from more than 60 of the largest U.S. brokerage firms.

The app features:

Visual analytics to provide insight into metrics
True asset allocation
Geographic allocation (shown below)

To learn more about the technology behind the app, watch the Wikinvest demo from FinovateSpring 2011 and its SigFig demo from FinovateFall 2011.

Share this:

Send Post Twitter LinkedIn Facebook

The Super Early-Bird Ticket Deadline for FinovateEurope 2012 is Friday October 28. Lock in your spot now!

By finovate Posted on October 26, 2011
Categories: Finovate

FinovateEurope 2012 is sponsored by: BlueRock Consulting

FinovateEurope 2012 is partners with: Deutsch Startups, The Financial Services Club, and the Financial Services Innovation Centre

Share this:

Send Post Twitter LinkedIn Facebook

Weemba’s Loan Listings by Type

By Julie Muhn (@julieschicktanz) Posted on October 25, 2011
Categories: Weemba

Yesterday, American Banker dissected Weemba’s loan listings since the startup launched four weeks ago. Here is the breakdown of 150 loans requested so far:

Health care: 55% of loans

Small business financing: 12%

Automobile, motorcycle or other vehicle: 12%

Mortgages and home improvement projects: 10%

Student loans: 6%

Other: 5%

The average loan request = $37,000

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

Share this:

Send Post Twitter LinkedIn Facebook

Finovate Alumni News– October 25, 2011

By Julie Muhn (@julieschicktanz) Posted on October 25, 2011
Categories: CashStar, Geezeo, Silver Tail Systems, Weemba, Zecco

Geezeo signs three more referral engine clients.

ComputerWorld looks at how SilverTail Systems mitigates fraud.

Bank Innovation highlights CashStar’s partnering with banks for its gift-reward program.

Zecco is listed as 1 of 7 smart ways to invest $100.

Weemba reports a growing number of personal loan requests.

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.

Share this:

Send Post Twitter LinkedIn Facebook

Pageonce Adds Billpay; Showcases Multiple Mobile Apps on Single Page

By Jim Bruene Posted on October 24, 2011
Categories: Bill payment, Mobile Banking, Mobile Payments, Personal Financial Management

Last week, we looked at how Square makes a single webpage look great across various mobile platforms. Today, we look at the exact opposite problem. How to showcase your various mobile apps on a single webpage.

Pageonce does it as well as we’ve seen, using a single showcase panel that includes all five of its mobile app platforms across the top: iPhone, iPad, Android, BlackBerry and Windows. Users can scroll horizontally to see two sets of screenshots for each platform.

The company also includes version number, date of the last update, and app size in the lower right corner. And of course, there’s a link to download the appropriate marketplace to download the app. The Android page uses a QR code instead of a link.

In other news, Pageonce added bill payment to its iPhone and Android app today, moving ahead of Mint in the features arm race. The new Gold service, which we haven’t tested yet, is priced at $4.99/mo, good news for fee-starved online financial providers. Mint says it has bill payment coming too. It will be interesting to see if they put a fee on it.

Relevance for Netbankers: The addition of transactional services such as bill payment makes third-party PFMs, or virtual banks such as BankSimple, bigger threats to mainstream banks and credit unions. As uber-consultant Richard Crone always says, "He who enrolls, controls."

————————–

Pageonce iPhone app

iPad

Android

BlackBerry

Windows

———————

Note: We cover mobile banking and payments periodically in our Online Banking Report (subscription).

Share this:

Send Post Twitter LinkedIn Facebook

American Banker on How Four Finovate Alums Unwrap the Payments Genome

By Julie Muhn (@julieschicktanz) Posted on October 24, 2011
Categories: BillGuard, Micronotes, T8 Webware, Truaxis

Earlier this week, American Banker described the science that FinTech companies use to learn the spending habits of consumers, the Payments Genome.

All four fintech companies cited in the article are Finovate alumni. Here are the techniques employed:

Truaxis uses an algorithm to infer consumer behavior.

T8 Webware uses a modified version of an algorithm used by gene scientists to create new crop species, Hidden Markov Model

BillGuard uses its userbase to flag questionable transactions (i.e., crowd sourcing)

Micronotes performs regression analysis on each customer’s transaction data to cross-sell products.

To learn more about each of these companies, watch Truaxis’ FinovateFall 2011 demo, T8 Webware’s FinovateFall 2011 demo, BillGuard’s FinovateFall 2011 demo, and Micronotes’ FinovateFall 2010 demo.

Share this:

Send Post Twitter LinkedIn Facebook

Pageonce Launches Mobile Bill Pay Service That Allows Consumers to “Tap to Pay”

By Julie Muhn (@julieschicktanz) Posted on October 24, 2011
Categories: Pageonce

Earlier today, Pageonce launched a mobile bill pay service that provides consumers more flexibility when paying bills:

“Now Pageonce gives users the option to pay immediately from their choice of accounts with a few taps on their smartphone. Pageonce makes paper bills, checks and stamps, and logging into several different websites for online bill pay, obsolete — helping users save time and avoid annoying late and overdraft fees.”

Here’s how it works:

Pageonce collects information about a user’s bills, including due date, amount due and itemized details, and presents them in an easy-to-read format on a smartphone. Before a bill is due, users get an alert that allows them to pay in three steps:

1. Select how to pay

2. Enter the amount

3. Tap Pay

This service is available on Apple and Android platforms for $4.99 per month.

To learn more about Pageonce, watch its FinovateFall 2010 demo.

Share this:

Send Post Twitter LinkedIn Facebook

Finovate Alumni News– October 24, 2011

By Julie Muhn (@julieschicktanz) Posted on October 24, 2011
Categories: Bills.com, Currensee, Expensify, HelloWallet, InComm, On Deck Capital, PayNearMe, RobotDough, TradeKing, Weemba, Zecco

South Florida Business Journal covers Weemba’s borrower-lender matching service.

Deutsche Well World profiles eToro and also highlights Currensee and Zecco.

Expensify launches a lite version of its iPhone app.

RobotDough announces its Portfolio Monitoring Tool & discusses its FinovateFall experience.

NBC 12 in Virginia reports InComm named Leading Prepaid Organization and Best Prepaid Product Distributor at 2011 Prepaid Awards.

FierceFinanceIT looks at how Zecco and TradeKing are using social media.

On Deck Capital reviews its experience at BAI.

Fox Business News looks at PayNearMe’s quest to assist consumers without credit cards.

HelloWallet launches feature that allows users to manually add transactions.

Spectrem’s Millionaire Corner blog profiles Bills.com.

Pageonce launches Mobile Bill Pay Service that allows consumers to “Tap to Pay.”

American Banker on how four Finovate alums unwrap the payments genome.

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.

Share this:

Send Post Twitter LinkedIn Facebook

Prosper’s Big Month: September Volume 4x Larger than 2010

By Julie Muhn (@julieschicktanz) Posted on October 21, 2011
Categories: Prosper

Yesterday, peer-to-peer lending service Prosper.com announced a four-fold, year-over-year increase in the number of loans it has funded.

In addition, it provided data for September:

“Record September originations of $7.4 mil, up almost four-fold from $2.0 mil last year

11% compounded monthly growth rate over the last 12 months

Currently, providing a 10.7% “seasoned return” to investors

Actual annualized loss rate of 5.5%, beating forecast loss rate of 7.1%

High credit-quality consumer loans: 737 average Experian Scorex PLUS credit score for first-time Prosper borrowers.”

To learn more about Prosper.com, watch its FinovateStartup 2009 demo.

Share this:

Send Post Twitter LinkedIn Facebook

Finovate Alumni News, October 21, 2011

By Julie Muhn (@julieschicktanz) Posted on October 21, 2011
Categories: billFLO, BillFloat, ChargeSmart, DoughMain, Dwolla, Prosper, Weemba

After being acquired by Taulia, billFLO announces its services will be shutting down Dec 1, 2011.

Fox Business News mentions ChargeSmart’s mortgage payment solution.

DoughMain explains how to ease children’s financial fears.

Business Insider uses BillFloat and Prosper.com as examples of alternative financing companies.

Dwolla now integrated with Active Merchant for use in Shopify.

Weemba seeks to help with cash-flow issues during the holiday season.

Prosper’s September volume is four times larger than 2010.

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.

Share this:

Send Post Twitter LinkedIn Facebook