Guess What I’ve Been Researching Online?

I realize that ads based on recent activity are effective. But it's still slightly unnerving, wondering whether you've lost every last bit of privacy or that you've been hit by an adware virus. But overall, it's good to get relevant offers, especially when one has a $10 bonus in it (see AmEx below).

Here's the two ads tossed my way while I was checking the status of my son's flight today:

I wrote a blog post on Serve yesterday (see AmEx promo on top of the page) and have been banging around insurance sites (see Geico ad on right) for the past two weeks as I wrap up a report on the subject.

AmEx Serve offer
Perhaps because I didn't sign up yesterday, American Express is throwing me $10 to try Serve, its P2P payments service. Here's the excellent landing page (link):

After entering your email…

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Check Point Software Technologies Acquires Risk Management Company

Check Point Software Technologies recently announced the acquisition of Dynasec, a governance, risk management, and compliance (GRC) solution provider. This move will enhance Check Point's 3D Security platform that:

"Enables companies to view security as a business process, focusing on policy, people and enforcement. The combined security and GRC solutions will enable customers to manage their entire 3D Security process from corporate objectives, to policies and security enforcement..."

The added solutions will help clients sift through ever-changing security regulations and requirements when creating IT security policies. 

To learn more about Check Point Software Technologies, watch its Finovate 2008 demo.

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American Express Serves Up P2P "Pay Me Back" on Ticketmaster

It's a problem as old as money itself. The person making a purchase on behalf of a group inevitably gets stuck with a larger share as others "forget" to pay him/her back (note 1).

Two weeks ago, American Express launched a clever product tie-in on TicketMaster to help change that. After making a purchase, a prominently placed box suggests using Serve to "Get Paid Back." Buyers are encouraged to use Serve to send money requests to friends for their share of the tickets. Given how social ticket purchasing is, it's a great place to introduce P2P.

But there's still the not-so-small problem of getting everyone signed up. Both sender and recipient must have Serve accounts. And while all transaction are currently free, the FAQs warn that coming Jan 1, there will be a fee of 2.9% + $0.30 per transaction funded via credit card. Checking account (ACH)-based…

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Currensee Launches Trade Leaders Program for Institutional Clients

Last week, currency trading platform Currensee announced the launch of its Trade Leaders Investment Program for institutional clients:

"The new service enables hedge funds, money managers, family offices and other asset gatherers to tap into the USD4 trillion daily Forex market by leveraging the elite Currensee network of Trade Leaders."

It also instituted the Currency Risk Management Control Center to assist investors with controlling risk.

To learn more about Currensee, watch its FinovateSpring 2011 demo.

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Finovate Alumni News– November 21, 2011

BrightScope plans to tweak its blog & redesign its homepage. SimpliFi wins four Achievement in Marketing awards from Columbus chapter of American Marketing Association. New York Shop Exchange interviews Brock Blake, Lendio CEO, about small business loans. MyBankTracker looks at Yodlee's FinApps and the evolution of Mobile Banking. Fifth Third Bank launches mobile banking apps powered by Clairmail. TechCrunch reports Braintree receives investment from Capital One co-founder, Nigel Morris. Currensee launches Trade Leaders Program for institutional clients. TechCrunch explores the differences between Mint.com and HelloWallet's mobile apps. Family blogger Darcy shares five of DoughMain's features. Xero doubles its customer numbers, gains traction overseas. 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.

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Expensify Launches Lite iPhone App For Mileage Support

Yesterday, Expensify launched an iPhone app, Expensify Lite, that is exclusively for mileage support. This simple app will include mileage and odometer entry, business card scanning, offline support, and comments on receipts.

All other Expensify mobile capabilities can be found in the regular Expensify app. The app is now available on iOS, Android, Blackberry, and Windows. 

To learn more about Expensify, watch its FinovateSpring 2011 demo.

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PayPal Relaunches Facebook App For Friend-to-Friend Payments

Yesterday, PayPal relaunched Send Money, a Facebook app that allows payments, accompanied by e-cards, to be sent to friends. PayPal says 80% of its active users also use Facebook. 

The process begins inside Facebook where the app is launched and the recipient is chosen from the friends list. Then users select an e-card image, add a personal greeting, and type in the amount of the payment. The final step takes users into their PayPal account, where they login with their PayPal username/password, to confirm the transaction. Recipients need a PayPal account to redeem the cash. 

While the e-cards and P2P payments are free, PayPal's international fees still apply.

To learn more about PayPal, watch its FinovateSpring 2011 demo.

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Mitek Doubles Clients, Plans to Enter Insurance Vertical

Mitek Systems, whose fiscal year ends in September, recently released its year-end earnings and client numbers, along with a hint towards a strategy move. 

Janney Capital's report details the highlights:

Earned $10.3 million in revenue in the 2011 fiscal year. This is double its $5.1 million 2010 revenue. Increased revenue by $1.4 million from Q4 2010 ($1.6 million) to Q4 2011 ($3.0 million) Reported that the number of signed financial institutions sprang from 80 to 161 in the final quarter of 2011. This doubles its customer base, which includes 7 of the top 10 U.S. Banks. Acted on its plan to enter the insurance vertical market by signing Progressive as a customer. Announced that an unnamed, tier 1 bank will introduce Mitek's Photo Bill Pay product to its customers in the near future

Mitek's customer base includes:

Charles Schwab
     - Experienced 40% mobile deposit adoption in 6 months Progressive
 …

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Finovate Alumni News– November 18, 2011

FiPath (formerly eRollover) launches FiPath for Advisors, online marketing solution for advisor leads. Reuters discusses the benefits of BillGuard. TSYS signs largest private bank in Azerbaijan. MShift to power AmeriCU's mobile banking platform. StockTwits & Gnip partner to cater to traders. StockTwits goes International with its real-time financial platform. Mitek doubles clients, plans to enter insurance vertical. PayPal relaunches Facebook app for friend-to-friend payments. Expensify launches lite iPhone app for mileage support. 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.

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Announcing FinovateSpring 2012 (May 8-9 in San Francisco) — Apply to Demo Today!

We're very excited to announce that Finovate will be returning to San Francisco next year on May 8 & 9 for FinovateSpring 2012. Once again, the event will showcase dozens of the best new fintech innovations from leading fintech companies and hot young startups via our signature format that blends fast-paced demos with high-quality networking.

At FinovateSpring 2011 earlier this year, we welcomed the event's largest audience ever with over 850 attendees from organizations like Ally Financial, American Express, Bank of America, Battery Ventures, BBVA, Capital One, Charles Schwab, Chase, Citi, CNNMoney, Discover, ETRADE, Filene, FIS, GE, Google, GRP Partners, H&R Block, ING, Intuit, Morgan Stanley, Paypal, Reuters, Slate, The Bancorp, Time Inc., USAA, US Bank, Visa, Wall Street Journal and Wells Fargo. Overwhelmingly, they said they'd return for 2012 so we expect next year's audience to be even bigger and better!

If you're interested in watching the future…

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Announcing FinovateSpring 2012 (May 8-9 in San Francisco) — Apply to Demo Today!

We're very excited to announce that Finovate will be returning to San Francisco next year on May 8 & 9 for FinovateSpring 2012. Once again, the event will showcase dozens of the best new fintech innovations from leading fintech companies and hot young startups via our signature format that blends fast-paced demos with high-quality networking.

At FinovateSpring 2011 earlier this year, we welcomed the event's largest audience ever with over 850 attendees from organizations like Ally Financial, American Express, Bank of America, Battery Ventures, BBVA, Capital One, Charles Schwab, Chase, Citi, CNNMoney, Discover, ETRADE, Filene, FIS, GE, Google, GRP Partners, H&R Block, ING, Intuit, Morgan Stanley, Paypal, Reuters, Slate, The Bancorp, Time Inc., USAA, US Bank, Visa, Wall Street Journal and Wells Fargo. Overwhelmingly, they said they'd return for 2012 so we expect next year's audience to be even bigger and better!

If you're interested in watching the future…

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Cartera Commerce Powers Southwest Airlines Rapid Rewards Shopping

Transaction-based marketing startup Cartera Commerce announced today that it will be powering the Rapid Rewards Shopping platform from Southwest Airlines:

"Rapid Rewards Shopping features thousands of valuable points offers from more than 700 participating online retailers. Members can use Rapid Rewards Shopping to get more out of their holiday shopping budgets -- on top of online retailers' sales and promotions -- by earning points for each gift they buy."

Members will be able to redeem points for airline tickets.

To learn more about Cartera Commerce's transaction-based rewards platform, watch its FinovateFall 2011 demo.

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