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Zumigo Earns Spot in and Investment from Wells Fargo Startup Accelerator

By David Penn Posted on August 21, 2014
Categories: EyeVerify, Zumigo

Of the three companies participating in the inaugural Wells Fargo Startup Accelerator, two are Finovate alums. One is EyeVerify, which also reported a $6 million dollar investment on Wednesday. The other is Zumigo.

What was it about Zumigo in particular that caught Wells Fargo’s eye? According to Zumigo, the big bank is especially interested in the company’s mobile location intelligence technology, which provides authentication services for mobile transactions. Zumigo’s solution allows financial institutions to be more proactive than is “current industry practice,” according to Chirag Bakshi, founder and CEO of Zumigo.

“Zumigo’s innovative technology for financial services institutions such as Wells Fargo can detect fraudulent transactions before (they) impact their customers,” Chirag added.

In the words of Steve Ellis, executive vice president and head of Wholesale Services at Wells Fargo, the goal of the Accelerator is to increase the bank’s “visibility into technologies and ideas that will stoke innovation across the enterprise.” And considering that two out of the three companies participating are security/authentication-related, Wells Fargo may be telling us a lot more about the kind of innovation major banks are looking for than it may seem. The third company, Kasisto, is a New York startup that specializes in conversational artificial intelligence technology.

Participating in the Accelerator includes an equity investment of between $50,000 and $500,000. Zumigo did not immediately disclose the level of investment it received. The program lasts for six months, and will provide business planning expertise geared toward developing “innovative ideas and stoke innovation across the Wells Fargo enterprise.”

Zumigo was founded in 2009, and demoed its Assure solution at FinovateSpring 2014. The company is headquartered in San Jose, California.

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BlueVine Brings in $1.5 Million in Funding

By Julie Muhn (@julieschicktanz) Posted on August 21, 2014
Categories: BlueVine, Funding

Last week, in an extension of its latest seed round, BlueVine raised an additional $1.5 million. This, along with the $4 million round in March, brings its total funding to $5.5 million.

While the specific investor was not stated, investors in previous installments include:

Greylock Partners Israel
Lightspeed Venture Partners
Kreos Capital
Correlation Ventures
Kima Ventures

BlueVine’s platform frees up cash flow for small businesses by providing expedited payment to bridge the gap between outstanding invoice payments and working capital for business operations. After the small business connects their invoicing software to BlueVine, here’s what happens:

They select the invoices for which they want immediate funding
BlueVine funds 85% of the invoice amount up front
When the invoice is due, the customer pays and the small business receives a rebate

BlueVine will demo live on stage at FinovateFall this September 23 and 24 in NYC.

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Alumni News– August 21, 2014

By David Penn Posted on August 21, 2014
Categories: AnchorID, BioCatch, Digital Insight, EyeVerify, MasterCard, PayNearMe, Taulia, Yodlee, Zumigo

American Banker takes a look at the new Wells Fargo Startup Accelerator, with alums EyeVerify and Zumigo in the inaugural class.

Check out our first FinDEVr Preview, featuring Yodlee Interactive. Join Yodlee at FinDEVr in San Francisco this fall.

The Paypers spotlights BioCatch and the company’s cognitive science-based biometric technology. See BioCatch at FinovateFall in New York next month.

MasterCard partnership with Zimbabwe’s EcoCash designed to boost mobile money services in Africa. MasterCard is a presenter and sponsor of FinDEVr, the first fintech event for developers.

Taulia sees more than 350% growth in second quarter of 2014.

Mergermarket.com features AnchorID in latest report. See AnchorID’s live demo at FinovateFall in NYC.

GECU providing members with online and mobile digital banking services from Digital Insight.

PayNearMe partners with Systems & Methods to offer a way to pay child support in cash. Check out PayNearMe at FinDEVr.

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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FinDEVr Preview: Yodlee Interactive

By David Penn Posted on August 20, 2014
Categories: FinDEVr San Francisco 2014, Xignite, Yodlee

In the weeks leading up to our inaugural FinDEVr conference, we’re taking a look at the more than 40 speakers who will be making presentations. Click here to see the full agenda.

First up is Yodlee Interactive. Yodlee was a presenter at the first Finovate event in 2007, and continues that tradition by being a big part of the inaugural FinDEVr. In addition to its keynote address, Yodlee will deliver three workshops on the second day (see below).

For more information on FinDEVr, the first event for fintech developers, coming to San Francisco on September 30, visit FinDEVr here.

Yodlee is the platform for financial innovation. More than 600 companies globally, including seven of the top ten US financial institutions, rely on Yodlee to power personalized financial apps and services for millions of consumers, driving retention, engagement, and revenue.

Leveraging the industry’s largest data platform, Yodlee also delivers real-time insight into consumer behaviors to create more dynamic interactions – anywhere, anytime, on any device.

Yodlee Interactive is focused on making the Yodlee platform available everywhere that entrepreneurs, partners, and developers building digital financial apps and services can use to create value. As the architects of a new digital ecosystem, Yodlee Interactive optimizes the wisdom of the financial technology crowd to create, catalyze, and distribute innovations faster through an open and secure data API.

Used by hundreds of companies, both small and large, Yodlee Interactive is the horsepower behind today’s coolest and most personalized digital experiences.

At FinDEVr, Yodlee Interactive will be giving a keynote address and will provide three workshops for builders. The titles, topics, and presenters for the keynote and workshops are below.

Keynote: Demystifying the Yodlee Data

What is the Yodlee platform and what value do the Yodlee Interactive APIs open up to developers?

Joseph Polverari

Chief Strategy & Development Officer, Yodlee;

Founder & General Manager, Yodlee Interactive

Joe Polverari is focused on making the Yodlee platform available everywhere that value can be created by entrepreneurs, partners, developers building digital financial apps and services.

Joe is a graduate of the Stanford Graduate School of Business Executive Program, holds a juries doctorate and degree in Economics from Santa Clara University.

Cheung Tam

Director API Product Management, Yodlee

Previous to Yodlee, Cheung served as Senior Product Manager, Developer Platform at Intuit. Cheung is a technologist with advanced degrees in business and engineering and has over 15 years of development, product, and project management experience.

Workshop Session #1

How to Build an App with Financial Data: Hands on help from Yodlee Interactive and the hot app builders who are leading the charge.

Anita Hayrapetian

Senior Solutions Engineer, Yodlee Interactive

Anita is a customer focused sales engineer with in-depth technical knowledge and superior presentation and interpersonal skills. Successfully developed and deployed more than 20 major projects including auction, e-commerce and ERP systems for global computer component re-sellers.

Session also features Cheung Tam and Guest Developers.

Workshop Session #2

Yodlee’s Instant Account Verification (IAV) API for Managing Risk and Fraud

Lori Martel

Vice President, Platform Product Management, Yodlee

Session also features Jayasree Iyer and Guest Developers

Workshop Session #3

Supercharge your Apps with Wealth Data from Yodlee & Xignite

Deviprasad Kocherry

Product Manager, Yodlee

Al Chang

Chief Technical Officer, Xignite

Look forward to our next FinDEVr Preview featuring TD Ameritrade Institutional next week.

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Alumni News– August 20, 2014

By Julie Muhn (@julieschicktanz) Posted on August 20, 2014
Categories: Cartera Commerce, CUneXus, Darwinex, Dwolla, Expensify, EyeVerify, Fiserv, ID Analytics, Kony Solutions, Mortgagebot, PayNearMe, PayPal, peerTransfer, Realty Mogul, Simple, ThreatMetrix, Venmo, Wallaby Financial, Zumigo

CUneXus improves loan acceptance by 68% over 2013 for Educational Employees CU.

With Simple’s 2.0 mobile app update, users can send paper check payments via mobile.

ID Analytics names Daniel Rawlings as Chief Revenue Officer.

Essent Guaranty offering lenders access to rate quotes through an interface with D+H’s MortgagebotLOS.

ThreatMetrix selected as one of CIOReview100s Most Promising Technology Companies.

EyeVerify and Zumigo selected for Wells Fargo’s accelerator.

Expensify integrates with Uber’s API to launch SmartRides feature.

PayNearMe and SIMI partner to offer cash collection services to US government agencies.

Kony launches MobileFabric to Accelerate Speed of Delivering Great Enterprise Mobile Apps.

PayPal announces access to its One Touch mobile payment solution. Join PayPal in San Francisco for FinDEVr this fall.

Cartera Commerce unveils new website.

Wallaby Financial launches CardBase and The Card Guide, opening its credit card database to the public.

National Real Estate Investor features Realty Mogul CEO and co-founder, Jilliene Helman.

Forex Brokerz talks about the beta release of Darwinex’s social trading platform.

peerTransfer tops $1 billion in international education payments, announces 500th client.

Bloomberg.com features Venmo, Fiserv’s Popmoney, and Dwolla in column on Millennials and mobile payments.

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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FinovateFall 2014 Sneak Peek: Part 1

By Julie Muhn (@julieschicktanz) Posted on August 19, 2014
Categories: BizEquity, FinovateFall 2014, FinovateFall 2014 Sneak Peek, Gremln, Hoyos Labs, Knox, Nopsec, Rippleshot

With the busy product development and release schedule that comes with the autumn season, FinovateFall is the perfect place to see what’s new in fintech.

This year, 71 companies will step up to the Finovate stage at the NYC Hilton Midtown on September 23 and 24. Tickets are going fast; register for yours today.

Here’s an inside look at six of these hand-picked companies:

BizEquity has invented the first and only patented way to value any business in real-time and in the cloud online.

Features:

BizEstimate feature that pre-values over 28 million private businesses
Patented, online real-time business value and tailored advice and alerts to each user
Business ValueMonitoring Dashboard

Why it’s great:

BizEquity’s mission is to democratize business valuation knowledge globally to every small business and financial institution through its patented cloud-based service.

Presenters:

1) Mike Carter, CEO
Carter is former Managing Director of The Musser Group, former Founder and CEO of Dashboard Systems, and former Chief Marketing Officer for U.S. Interactive.
LinkedIn

2) Semyon Fishman, Vice President of Engineering and Technology
Fishman is former Vice President of Product Engineering at Valex Consulting and former Lead Engineer for the Math Forum.

GREMLN Financial Social Media offers secure social media tools for the financial services industry. It’s a full marketing and analysis suite wrapped in a security layer to maintain compliance.

Features:

Pre-approved content libraries
LinkedIn client prospecting
Mobile social media compliance platform

Why it’s great:

Social media involvement is essential, but it can be dangerous for financial services companies. Gremln makes it possible to participate and succeed in social media…safely.

Presenters:

1) Ryan Bell, CEO
LinkedIn

2) TJ Tavares, Senior Sales Executive
LinkedIn

Hoyos Labs‘ app will finally put an end to the frustration that comes with usernames, passwords and PINs by replacing them with your unique biometrics.

Features:

Acquires users’ biometrics via smartphone to replace all log-in information
Works with Apple and Android smartphones and tablets, and with PCs
Increased convenience and security for users

Why it’s great:

Hoyos Labs’ app allows users to increase the convenience and security in their life by removing the need to ever remember their log-in information.

Presenter:

Hector Hoyos, Founder and CEO

Hoyos is a biometrics veteran and entrepreneur who has dedicated his life to the development of innovative technologies that change existing business paradigms and have a profound impact on society.

Knox Payments is a merchant tool for payments to and from bank accounts online for just $0.18/transaction.

Features:

Fastest online and mobile checkout process
Accept ACH payments without needing your customers to enter bank routing and account numbers
Instantly verify bank account and sufficient funds

Why it’s great:

Fastest, cheapest checkout process for you and your customers.

Presenter:

Tommy Nicholas, Head of Product
Nicholas earned his BA from the University of Virginia. He founded CitySwig and helped grow Coffitivity to over 2 million users.
LinkedIn

NopSec is a cloud-based vulnerability risk management SaaS.

Features:

Correlate vulnerabilities with real-time threats and exploits
Drill down into the most critical risks across the full software and hardware stack
Analyze vulnerabilities using keyword searches

Why it’s great:

Remediate what matters most, faster.

Presenters:

1) Steven Leonard, Chief Marketing Officer
Leonard is responsible for all areas of marketing strategy and execution. Prior to NopSec, he spent 17 years at Microsoft Corporation.
LinkedIn

2) Lisa Xu, Chief Executive Officer
Xu is responsible for strategic direction, sales, and operations. Prior to NopSec, she advised Fortune500 enterprises on data security, privacy and technology risk management.
LinkedIn

3) Michelangelo Sidagni, CTO

Rippleshot detects bank card data breaches. Its cloud-based solution helps banks proactively stop fraud before it occurs and protects merchant brand reputation.

Features:

Next generation fraud prevention — stopping fraud before it occurs
24/7 monitoring — detecting breaches faster
Early warning alerts — proactively protecting merchants, consumers and credit card issuers

Why it’s great:

It’s not if you are going to be breached, it’s when. Rippleshot’s 24/7 monitoring proactively detects, mitigates and stops fraud before it occurs.

Presenters:

1) Lucas Ward, Co-Founder and CTO

Ward is a proven technology leader. At Fundspire, he created an innovative product to change the way hedge funds viewed and analyzed their data.

2) Randal Cox, Co-Founder and CSO

Cox has over a decade of experience in the credit card industry, modeling credit card and ATM fraud, ultimately culminating in the co-founding of Rippleshot.

Stay tuned later this week for a look at six more companies set to debut their new technology at FinovateFall this September 23 & 24 in New York.

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FinovateFall 2014 Sneak Peek: Part 1

By David Penn Posted on August 19, 2014
Categories: BizEquity, FinovateFall 2014, FinovateFall 2014 Sneak Peek, Gremln, Hoyos Labs, Knox, Nopsec, Rippleshot

With the busy product development and release schedule that comes with the autumn season, FinovateFall is the perfect place to see what’s new in fintech.

This year, 71 companies will step up to the Finovate stage at the NYC Hilton Midtown on September 23 and 24. Tickets are going fast; register for yours today.

Here’s an inside look at six of these hand-picked companies:

BizEquity has invented the first and only patented way to value any business in real-time and in the cloud online.

Features:

BizEstimate feature that pre-values over 28 million private businesses
Patented, online real-time business value and tailored advice and alerts to each user
Business ValueMonitoring Dashboard

Why it’s great:

BizEquity’s mission is to democratize business valuation knowledge globally to every small business and financial institution through its patented cloud-based service.

Presenters:

1) Mike Carter, CEO
Carter is former Managing Director of The Musser Group, former Founder and CEO of Dashboard Systems, and former Chief Marketing Officer for U.S. Interactive.
LinkedIn

2) Semyon Fishman, Vice President of Engineering and Technology
Fishman is former Vice President of Product Engineering at Valex Consulting and former Lead Engineer for the Math Forum.

GREMLN Financial Social Media offers secure social media tools for the financial services industry. It’s a full marketing and analysis suite wrapped in a security layer to maintain compliance.

Features:

Pre-approved content libraries
LinkedIn client prospecting
Mobile social media compliance platform

Why it’s great:

Social media involvement is essential, but it can be dangerous for financial services companies. Gremln makes it possible to participate and succeed in social media…safely.

Presenters:

1) Ryan Bell, CEO
LinkedIn

2) TJ Tavares, Senior Sales Executive
LinkedIn

Hoyos Labs‘ app will finally put an end to the frustration that comes with usernames, passwords and PINs by replacing them with your unique biometrics.

Features:

Acquires users’ biometrics via smartphone to replace all log-in information
Works with Apple and Android smartphones and tablets, and with PCs
Increased convenience and security for users

Why it’s great:

Hoyos Labs’ app allows users to increase the convenience and security in their life by removing the need to ever remember their log-in information.

Presenter:

Hector Hoyos, Founder and CEO

Hoyos is a biometrics veteran and entrepreneur who has dedicated his life to the development of innovative technologies that change existing business paradigms and have a profound impact on society.

Knox Payments is a merchant tool for payments to and from bank accounts online for just $0.18/transaction.

Features:

Fastest online and mobile checkout process
Accept ACH payments without needing your customers to enter bank routing and account numbers
Instantly verify bank account and sufficient funds

Why it’s great:

Fastest, cheapest checkout process for you and your customers.

Presenter:

Tommy Nicholas, Head of Product
Nicholas earned his BA from the University of Virginia. He founded CitySwig and helped grow Coffitivity to over 2 million users.
LinkedIn

NopSec is a cloud-based vulnerability risk management SaaS.

Features:

Correlate vulnerabilities with real-time threats and exploits
Drill down into the most critical risks across the full software and hardware stack
Analyze vulnerabilities using keyword searches

Why it’s great:

Remediate what matters most, faster.

Presenters:

1) Steven Leonard, Chief Marketing Officer
Leonard is responsible for all areas of marketing strategy and execution. Prior to NopSec, he spent 17 years at Microsoft Corporation.
LinkedIn

3) Michelangelo Sidagni, CTO

Rippleshot detects bank card data breaches. Its cloud-based solution helps banks proactively stop fraud before it occurs and protects merchant brand reputation.

Features:

Next generation fraud prevention — stopping fraud before it occurs
24/7 monitoring — detecting breaches faster
Early warning alerts — proactively protecting merchants, consumers and credit card issuers

Why it’s great:

It’s not if you are going to be breached, it’s when. Rippleshot’s 24/7 monitoring proactively detects, mitigates and stops fraud before it occurs.

Presenters:

1) Lucas Ward, Co-Founder and CTO

Ward is a proven technology leader. At Fundspire, he created an innovative product to change the way hedge funds viewed and analyzed their data.

2) Randal Cox, Co-Founder and CSO

Cox has over a decade of experience in the credit card industry, modeling credit card and ATM fraud, ultimately culminating in the co-founding of Rippleshot.

Stay tuned later this week for a look at six more companies set to debut their new technology at FinovateFall this September 23 & 24 in New York.

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PayPal Announces Access to its One Touch Mobile Payment Solution

By David Penn Posted on August 19, 2014
Categories: PayPal

For mobile shoppers using PayPal, instant gratification just got a little more instantaneous.

PayPal announced today that it is opening up beta access to its One Touch feature. This feature allows people to pay with PayPal with a single swipe from inside other apps. Initially available only to iOS users, the feature will be accessible for Android users in September when the product is officially launched.

In an interview with VentureBeat, Braintree CEO Bill Ready put “one-touch buying” at the center of what to expect when it comes to payments over the next few years (recall that Braintree was acquired by PayPal in September 2013). Bill believes part of this has to do with the challenge of entering data on mobile devices, especially smartphones. But this initiative also responds effectively to the Prime Directive of E-commerce Innovation: “More Time Shopping, Less Time Transacting.”

The feature is optional, and users have both the ability to opt-in/opt-out, as well as specify which source of funding you want to be used for your One Touch transactions (PayPal balance, linked bank account, or credit card). Calling One Touch payments “the magical experience that every mobile user will come to expect,” Bill may be engaging in a touch of hyperbole. But in a world in which Amazon is increasingly interested in the payments business, it is interesting to see PayPal leverage Braintree technology in order to strike back at Amazon on its own “one-step shopping” turf.

There will be a handful of merchant apps available initially as part of the developer beta, with other merchants coming on board in the weeks to come. Soon any developer with access to the Braintree v.zero SDK – and anyone who uses PayPal – will be able to take advantage of One Touch. More information on the technology for consumers and merchants is available here. Developers can find out how to get started, including accessing the SDKs at PayPal’s developer portal.

And speaking of developers, join PayPal at FinDEVr for the company’s presentation on how wearables are changing the payments landscape. The first fintech event for developers, FinDEVr will be held from September 30 to October 1 in San Francisco. For more information, visit our FinDEVr page.

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The Success of Visa Checkout’s Rebrand

By Julie Muhn (@julieschicktanz) Posted on August 19, 2014
Categories: VISA

Visa’s Visa Checkout, the rebranded version of V.me, has experienced increased success since its recent change of face.

Similar to PayPal, Visa Checkout stores users’ credentials and enables them to pay at a merchant’s site with only their username and password. The service launched this July with PNC and other banking partners.

According to American Banker, PNC reported that customer enrollments of Visa Checkout doubled after it changed the brand from V.me (PNC declined to disclose actual enrollment

figures). Some speculate that the success is partially due to the name change. Not only is Visa Checkout more descriptive, it also appeals to a wider audience and sounds more secure.

The potential for Visa Checkout to place a bank’s card at the top of the digital wallet is enticing. When a user signs up for the Visa Checkout, they are prompted to enter their credit card information into the wallet. While the service works with any payment card, banks are hoping their card will be the most frequently used.

To see Visa’s newest offering for developers, check out its upcoming presentation at FinDEVr San Francisco held September 30 through October 1.

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With Simple’s 2.0 Mobile App Update, Users Can Send Paper Check Payments Via Mobile

By Julie Muhn (@julieschicktanz) Posted on August 19, 2014
Categories: Simple

After it was acquired by BBVA in February, Simple is showing the first major sign of access to the mega bank’s deep pockets.

The Portland-based startup updated its iOS and Android apps today to bring users an easier way to pay others via their mobile device. Aside from the redesigned interface, other major changes include:

1) Simple Instant Transfer on mobile

Previously only available on the web interface, Instant Transfer enables users to instantly send funds to other Simple account holders.

2) Updated goal interface on mobile

It’s easier for users to create and manage their goals with the ability to add notes to their goals and easily transfer money into and out of individual goals. It still lacks, however, the function to add pictures to goals.

3) Customized profiles

Customers can customize how other users see them by adding a profile picture (see screenshot on right) to their account. They can also select other Simple customers as favorite contacts.

4) Mail checks from mobile

One of the more notable upgrades, is the ability to mail checks for free to anyone. All you need is their name and mailing address. I tested the feature on my iPhone 5S by sending a check to my mother, who does not have a Simple account.

Note the text at the bottom that indicates both when the money will be withdrawn and when the check will be received. Pulling that information out of the fine print and into plain sight aligns with Simple’s transparent policy.

After adding my mom’s address, I entered the amount, followed by the 4-digit verification code that I received via text.

Once I entered the code, the $1 had been withdrawn from my account and was ready to be mailed to my mother.

In the U.S., where writing checks is still common, the ability to do it from a mobile device is a very useful feature. Simple could improve it with a few small additions:

1) Option for users to pay for expedited shipment of the check.

2) Optional note field to send with the check that allows users to personalize the payment

3) The ability to assign a photo avatar to contacts who are not Simple customers

Simple launched at FinovateFall 2011. You can check out the demo video here.

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Alumni News– August 19, 2014

By David Penn Posted on August 19, 2014
Categories: CAN Capital, Geezeo, GoBank, Kabbage, NICE Systems, On Deck Capital, Palo Alto Software, PayPal, Quisk, ReadyForZero, Top Image Systems, Yseop

LivePlan launches its Black Widow update to enhance performance monitoring.

Bank Innovation looks at GoBank’s decision to shorten holding periods for mobile check deposits.

NICE Systems earns 2014 Star Performer award from Speech Technology magazine.

Top Image Systems partners with Allied Payment Networks to implement MobiPAY.

Time features ReadyForZero as 1 of 50 Best Websites for 2014.

Hiveage compares OnDeck, Kabbage, PayPal Working Capital, & CAN Capital Come see OnDeck at FinDEVr.

Quisk awarded US patent for enabling consumer activated security for a mobile payment system.

The Rude Baguette interviews Yseop CEO, John Rauscher.

New partnership brings Geezeo’s PFM solution to MEA’s native mobile banking platform. See Geezeo at FinovateFall 2014 in New York.

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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Alumni News– August 18, 2014

By David Penn Posted on August 18, 2014
Categories: ACI Worldwide, Betterment, Cardlytics, Coinbase, Expensify, Klarna, Personal Capital, Ripple, Silanis Technology, SumUp, Xero

Silanis Technology releases e-signature solutions for Salesforce and Microsoft Dynamics CRM. See Silanis at FinovateFall 2014 in New York.

Michael Grillo of ACI Worldwide talks about the role of mobile devices in fighting payments fraud.

Klarna announces appointment of Jon Kamaluddin to its Board of Directors.

SumUp earns double-digit million dollar investment led by Life.SREDA

Xero’s Customer Experience team wins Bronze Stevie Award in 2014 International Business Award. Check out Xero’s presentation at FinDEVr in San Francisco this October.

TechCrunch: Coinbase acquires blockchain explorer, Blockr.io.

Silicon Angle: Why Cardlytics ditched sample data for its real-time analytics tactics.

Forbes features Personal Capital.

EE Times reviews the similarities and differences between Ripple and bitcoin.

Forbes column on “the other sharing economy” profiles Expensify.

Investors.com checks in with Betterment on strategies for meeting retirement financial challenges.

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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