FinovateSpring 2014: Lights! Camera! Demo Videos!

FinovateSpring 2014: Lights! Camera! Demo Videos!
movie_clapperboard

The demo videos from FinovateSpring 2014 are now available in our Video Archive. Check them out here.

Here’s your chance to relive FinovateSpring 2014 in its new home in what was a very sunny San Jose. Every single video from the two-day event is here, arranged alphabetically from Artivest to Zumigo

You’ll see and hear every presenter, every screen capture, every device display (from mobile payment fobs to smart watches and Google Glass), and every innovation that our 67 presenting companies had to share.
And if you’ll be checking out our presenters for the first time, then sit back and enjoy our unique, demo-only format in action.
This is also a great opportunity to see (or see again) just what it took to win the hearts and minds of our audience of more than 1,200 fintech professionals who voted for Best of Show. As a reminder, our FinovateSpring 2014 Best of Show winners are below. Click on the company logo to see the award-winning demo.
EyeVerify_stageshot_BoS
Thumbnail image for EyeVerifyLogo.jpg
Loop_stageshot_BoS
Thumbnail image for Thumbnail image for Loop_logo.jpg
Interactions_stageshot_BoS
Thumbnail image for InteractionsLogo.jpg
Motif_stageshot_BoS
Thumbnail image for motiflogo.jpg
Ondot_stageshot_BoS
Ondot_hi_res_FS2014
PrivatBank_stageshot_BoS
Privatbank_hi_res_FS2014
SaveUp_stageshot_BoS
SaveUp_hires_logo_FS2014
Stockpile_stageshot_BoS
Stockpile_lores_logo_FS2014

Dashlane Raises $22 Million; Announces 2 Million Users; $1 Billion in Transactions Enabled

Dashlane Raises $22 Million; Announces 2 Million Users; $1 Billion in Transactions Enabled

Thumbnail image for Thumbnail image for DashlaneLogo.jpg

Starting the week’s fintech news with a bang is password management innovator, Dashlane. The company, which was recently highlighted by the Wall Street Journal’s Personal Technology column as “the best way to manage online passwords,” announced that it had raised $22 million in funding.

The major infusion of capital represents the company’s biggest single investment to date, and takes the company’s total funding to $30 million.

For the most part, the new investment comes courtesy of a new investor, Bessemer Venture Partners, who led the Series B round along with current investors, FirstMark Capital, Rho Ventures, and Dashlane co-founder Bernard Liautaud. Dashlane reportedly will use the capital to bring on more talent and to explore other product possibilities related to identity management and payments, as well as to assist in expansion into both Latin America and Asia.
Dashlane_homepage
Available on both PC and Mac, as well as on iOS and Android, Dashlane’s technology is renowned for its ability to help consumers store and manage passwords. Additionally, Dashlane also enables secure storage of credit card and ID information, provides automatic password generation, tools to test password strength, smart autofill, and alerts to let users know of possible security breaches to their online accounts.
Said Emmanuel Schalit, Dashlane CEO:
“Hundreds of millions of web users still manually register, login, and checkout on desktops and mobile devices, and leave themselves vulnerable to online security threats in the process. Dashlane elegantly solves this problem for consumers.”
As noted in Mashable’s report of the Dashlane funding, the company saw a surge of interest in its soutions shortly after the panic over the Heartbleed bug broke out earlier this year. Emmanuel said that although there was a spike in interest (and one that has “died down”), the company continues its rapid growth.
And as a testament to this growth, Dashlane also has announced that it has surpassed 2 million users of its platform, enabling more than $1 billion in transactions.
Founded in 2009 and based in New York City, Dashlane demoed the instant login and checkout features of its technology at FinovateFall 2012. See a video of the company’s presentation here.

Finovate Alumni News– May 19, 2014

  • Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Finovate-F-Logo.jpgGeezeo announces HTML5-inspired redesign of mobile PFM app.
  • Dashlane raises $22 million; announces 2 million users, $1 billion in transactions enabled.
  • Raymond James Bank N.A. chooses Fiserv for extensive enterprise banking.
  • MasterCard to acquire Indian payments processor, ElectraCard Services, for undisclosed amount.
  • Kony releases new Mobile Backend-as-a-Service
    (MBaaS)
    to reduce the cost and complexity of building enterprise mobile apps.

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.

Geezeo Announces HTML5-Inspired Redesign of Mobile PFM App

Geezeo Announces HTML5-Inspired Redesign of Mobile PFM App

Thumbnail image for GeezeoLogo.jpg

“In with the new” for fans of Geezeo’s personal finance management solutions.

The company announced today that it has leveraged HTML5 to redesign its mobile PFM app. The new design ensures that the company’s white-label PFM solution remains simple and easy to navigate, as well as being optimized for both iPhone and Android.

Geezeo_homepage
In addition to the redesign, the mobile PFM app now comes with Rapid Tagger. This feature allows users to tag transactions, gamifying the process of managing money, helping instill positive financial habits, and creating higher user engagement with the technology.
Integration into existing mobile banking platforms is one of the factors that sets Geezeo apart from its PFM peers. Said Geezeo CEO, Shawn Ward, “just like online banking, we strongly believe that PFM needs to be integrated into the existing mobile banking platform.”
“We offer clients flexibility because we can handle the product build or a client can roll their own.”
This approach has helped Geezeo win over a number of credit unions in the past year. We reported on an agreement with GRANCO FCU in January, deals with West – Aircomm FCU and Apex Community FCU last December, and new relationships with three different credit unions last fall.
Some of the features of Geezeo’s mobile PFM app are:
  • Cash flow calendar
  • Budgeted spending targets
  • Savings goals
  • Net worth tracker
  • Custom alerts
  • Account aggregation
  • Transaction tagging/categorization
Geezeo was last on the Finovate stage in 2010, demoing its Enterprise Marketing Platform as part of the Fall conference in New York. See video of the presentation here.

Finovate Alumni News– May 16, 2014

  • Intuit buys Invitco to help bookkeepers put bill processing in the cloud.
  • SocietyOne, an Australian peer-to-peer lender, mulls entering NZ market, is talking with ‘multiple parties’.
  • miiCard graduates from SixThirty accelerator.
  • Swipely tops $2 billion in annual sales managed; launches Summer ’14 release.
  • Bermuda Commercial Bank picks the T24 core banking system, Model Bank, from Temenos.
  • FinSMEs talks about BodeTree with CEO and co-founder Chris Myers.
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.

UI: Chase Bank Remodels the All-Important "Account Summary Alert"

image Here at Netbanker/OBR, we love to write about the digital future. But we know it’s even more important to address the digital now. If you don’t leverage current technology to your advantage, the future doesn’t much matter, since someone else will be running your business.

Today’s topic, one that we used to harp on constantly, is alerts (see previous “Alerts” posts).  Alerts are the way you maintain the relationship with customers between logins. But too many banks and credit unions take email alerts for granted, and are still using a template from 2004! Those templates were created prior to webmail, and, more importantly, before mobile viewership skyrocketed.

One bank whose messaging template was too long in the tooth is Chase (it’s looked the same since at least 2010; see note 1). But as part of their continued digital remodeling, the bank changed it last week. It’s not going to be confused with Simple or Mint, but it communicates the important information efficiently. And that’s enough for most brands. 

The Improvements 

_____________________________

Following are the before-and-after shots on the desktop. As you can see, the old version was too wide for smaller laptops and lower-resolution computers. On my Mac it looked fine, but on my trusty old ThinkPad, it required horizontal scrolling to see the “total withdrawals.”

What changed:

  • All the information is lined up on the left side so it can be easily read on any screen size; this is especially important on mobile which was previously impossible to read (on iPhone) without pinching and zooming.
  • Got rid of the Go Paperless! banner. Talk about banner fatigue. I understand that it’s a great benefit to convert users to paperless, but really, four-plus years with the same banner? MIX IT UP, please!
  • Changed headline to position “Chase” as the first word instead of the last. That helps users scanning subject lines see that it’s from their bank. 
  • Added light blue background at top to give it a better look.
  • Cleaned up the data table for better readability.
  • Made the website URL more visible.
  • Added toll-free contact number.
  • Added more fine print and caveats (the only item that is a step backwards).

 

——————————— 

Desktop 

Before (viewed through Gmail, 3 May 2014)

image

 

After (viewed through Gmail, 12 May 2014)

image

———————————-

Mobile (screen captures from iPhone 5)

Before                                                          After

image        image

—————————————

Notes:
1. The UI described here is for a Chase checking account in Washington State (converted from WAMU). This email alert template may be different in other regions or for other account types.
2. For more info on alerts and messaging, see our 2010 Online Banking Report (subscription).

Swipely Tops $2 Billion in Annual Sales Managed; Launches Summer ’14 Release

Swipely Tops $2 Billion in Annual Sales Managed; Launches Summer ’14 Release

Thumbnail image for SwipelyLogo9.11.jpg

Swipely is celebrating its new Summer ’14 release with an announcement that the company has surpassed $2 billion in annual sales managed for its customers. The high mark comes as Swipely reports a doubling of sales under management in just six months.

The Summer ’14 update will allow Swipely to work with larger hospitality and retail brands, says Swipely founder and CEO, Angus Davis. On four levels, focusing on customers, analytics, reviews, and access controls, the new features of the Summer ’14 release give merchants the ability to better track operating performance and manage customer relationships across multiple locations.
Swipely works for a large range of business types – from brick and mortar retailers and restaurants to ecommerce websites. The company says its technology provides insights into the behavior of more than 10 million consumers.
Swipely_homepage
Founded in 2009 and headquartered in Providence, Rhode Island, Swipely has operations in more than 40 states and more than 500 cities in the U.S. With 103 employees, the company has raised more than $20 million in funding from investors including First Round Capital, Greylock Partners, Index Ventures, and Shasta Ventures.
Swipely demoed its Payment Marketing solution at FinovateSpring in 2012 See a video of the presentation here.

Best of Show Winner YourWealth.co.uk Acquired by Momentum UK

Best of Show Winner YourWealth.co.uk Acquired by Momentum UK

Thumbnail image for Thumbnail image for yourwealth_hi_res_logo.jpg

Less than six months after its Best of Show winning demo at FinovateEurope 2014, Momentum (FKA YourWealth) has announced that it will soon be a part of Momentum UK.

Founder and CEO of YourWealth.co.uk, Toby Hughes said the acquisition would “fast-track development” of the company’s PFM technology. YourWealth.co.uk and Money Hub help users organize their entire financial life, from budgeting and aggregating accounts to accessing financial services and goal-planning.

YourWealth_homepage

Terms of the acquisition were not immediately available.

The acquisition includes Blue Speck Financial, the company that owns and operates YourWealth.co.uk, and the Money Hub app. Momentum UK is a division of MMI Holdings Ltd., a major South African financial services group. The purchase gives Momentum UK the opportunity to offer additional PFM tools to clients – and potential clients – in the UK.
Developed for individuals with a wide range in wealth (“anything from £5 to £50 million”), Yourwealth.co.uk and MoneyHub are designed to help people make better financial choices in three key ways:
  • Centralizing finances to make information more readily accessible
  • Enabling contact with financial services and financial professionals
  • Embracing a multi-channel approach, including smartphone, tablet and desktop
An attention to UX and UI that turns even financial minutiae into irresistibly viewable information further helps distinguish the technology from its PFM peers.
YourWealth.co.uk was named to the FinTech 50 2014 (along with a number of other Finovate alums). The company’s technology is available only in the UK.
YourWealth.co.uk was founded in 2011, and is based in Bristol, UK. Owned and operated by Blue Speck Financial, the company has served more than half a million users since the technology’s soft launch in 2013.
Watch Momentum’s demo video from FinovateEurope 2014 here.

Finovate Alumni News– May 15, 2014

  • Finovate-F-Logo.jpgArxan Technologies to offer all FS-ISAC & BITS members a complimentary, new iOS Mobile App Vulnerability Assessment.
  • Fiserv awarded patent for predictive modeling technology.
  • BillGuard launches on Android; unveils new data breach alert feature.
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.

BillGuard Launches on Android; Unveils New Data Breach Alert Feature

BillGuard Launches on Android; Unveils New Data Breach Alert Feature

Thumbnail image for BillGuard.jpgWho is most likely to detect card fraud? Financial institutions? Payment networks?

According to Aite Group, the answer is the cardholder. And that makes the news that BillGuard will now be available to the millions of consumers using Android smartphone and tablets all the more worthwhile.
BillGuard_All_Accounts

Download BillGuard at Google Play here.

The iPhone app for BillGuard has been available for almost a year (see below). But today’s announcement comes not just with great news for Android users, but also with some pretty nifty news for BillGuard users of all types: the arrival of data breach alerts.
These personalized, individual alerts will let BillGuard customers know when a data breach has occurred at a store they have patronized. BillGuard customers are notified by way of email and push-alerts, and the technology continues monitoring afterwards, letting users know if any suspicious activity takes place on their cards.
The beta version of this technology, according to BillGuard CEO Yaron Samid, helped cardholders identify more than $1 million in fraudulent charges since the Target data breach.
BillGuard_Smart_Swipe

A few interesting metrics about BillGuard:

  • More than 500,000 users of iPhone mobile app since launch in July 2013
  • Identified more than $60 million in suspect charges since inception
  • Supports more than 5,000 credit and bank accounts in the U.S. and Canada
  • First service to directly alert cardholders to breaches at retailers like Michaels, Neiman Marcus, and Target
BillGuard has been the recipient of high-quality press in recent weeks. The company was featured on ABC World News with Diane Sawyer in early April, and was profiled in the New York Times a few weeks afterward.
BillGuard demoed its technology at FinovateFall 2011 in New York. Founded in 2010, the company has raised $13 million in funding from investors such as Peter Thiel (Founders Fund) and Eric Schmidt (Innovation Endeavors). 

Announcing FinovateEurope 2015 (February 10-11 in London) — Buy your ticket early to save big and lock in your seat!

Hot on the heels of our largest Finovate conference to date just two weeks ago in Silicon Valley, we’re excited to announce the dates for FinovateEurope 2015.

The London event will take place on February 10 & 11, 2015 at the beautifully restored Old Billingsgate Market Hall. FinovateEurope grew tremendously in 2014 with a sold-out crowd of 1,000 filling the auditorium to the brim. With the strong growth of fintech across Europe, we expect an even higher level of demand for the 2015 event and another sold-out show!

If you’d like to apply to demo your company’s newest fintech innovation at the event, please email us at [email protected] to get on the announcement list. We’ll be accepting applications starting in the mid-summer.

And,
if you’d like to attend and watch the cutting-edge of European fintech
debut via our fast-paced, demo-only format, tickets are now available at
the low pre-sale price of £895.00 (£400 off the list price) here. Tickets are limited so please lock in your seat today to guarantee your ability to attend (and these savings)!

We’ll see you in London in February (or New York in September)!

FinovateEurope 2015 is sponsored by: Life.SREDA and more to be announced

Announcing FinovateEurope 2015 (February 10-11 in London) — Buy your ticket early to save big and lock in your seat!

Hot on the heels of our largest Finovate conference ever (just two weeks ago in Silicon Valley), we’re excited to announce the dates for FinovateEurope 2015.

The London event will take place on February 10 & 11, 2015, at the beautifully restored Old Billingsgate Market Hall. FinovateEurope grew tremendously in 2014 with a sold-out crowd of 1,000 filling the auditorium. With the strong growth of fintech across Europe, we expect an even higher level of demand for the 2015 event and another sold-out show!

If you’d like to apply to demo your company’s newest fintech innovation at the event, please email us at [email protected] to get on the announcement list. We’ll be accepting applications starting in mid-summer.

And, if you’d like to attend and watch the cutting-edge of European fintech
debut via our fast-paced, demo-only format, tickets are now available at
the low pre-sale price of £895.00 (£400 off the list price) here. Tickets are limited, so please lock in your reservation today to guarantee your spot (and these savings)!

We’ll see you in London in February 2015 (or New York in September)!

FinovateEurope 2015 is sponsored by: Life.SREDA and more to be announced