Pageonce Update Provides for Card-to-Card Payments

Thumbnail image for Pageonce Logo.jpgPaying bills with Pageonce just got easier, courtesy of a March update that allows customers to pay their credit card bills with their debit card.

The new capabilities do come with a price (i.e., a transaction fee). The upgrade was released on March 7 for Android, and March 10 for iOS.
Pageonce announced that it had reached the $1 million a day milestone in January.  The company was last on the Finovate stage in the spring of 2010. See their demo here.

Finovate Alumni News– March 15, 2013

  • Mistral Mobile announces partnership with Alaric.
  • GMC Software Technology reports user community growth of more than 700% since inception.
  • Opportunity International expands partnership with Temenos.
  • Communication Federal Credit Union rolls out Tyfone mobile banking tech.
  • CNBC features Renaud Lamplache, Lending Club CEO Renaud Laplanche.
  • BostInno features Cartera Commerce on what innovation means to them.
  • SC Magazine readers select Check Point for best enterprise firewall and best IPS solution in 2013.
  • QuantConnect partners with Battle-Fin.com in $20 million seed-capital trading tournament.
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.

Finovate Alumni News– March 14, 2013

  • Thumbnail image for Finovate-F-Logo.jpgTemenos to partner with Caisse Financial Group, providing T24, Insight, Temenos Connect.
  • ACI Worldwide completes Online Resources Corporation acquisition.
  • Standard Chartered Bank moves Africa headquarters from Dubai to Johannesburg.
  • TechCrunch reports: Intuit launching Intuit Pay mobile payments service in the UK.
  • LearnVest aims to hit 100 planners by year-end.
  • TechCrunch reports: PayPal Here takes on Square Register with new iPad payments app.
  • SafetyPay and giropay join forces to secure internet payments in Germany.
  • TIBCO enhances real time loyalty marketing platform.
  • PrintWeek interviews GMC Software Technology COO Michael Watts.
  • CSI Enterprises set to announce updates to its globalVCard pay systems solution at the Innovation Project 2013 in March.
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.

Continuity Control and cbanc Network Partner

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This week, compliance management platform Continuity Control and cbanc Network, a knowledge-collaboration community, announced a partnership.

This partnership will make Continuity Control’s RegAdvisor, a quarterly briefing, available through cbanc’s WebEd program.

RegAdvisor is a complimentary event to help financial institutions gain a practical view of new compliance regulations, and helps them understand what steps are necessary to ensure compliance. To register for the next RegAdvisor, click here.

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The terms of this deal have not been disclosed.

cbanc Network demoed at FinovateFall 2011, Continuity Control demoed at FinovateSpring 2010.

Cardlytics Discloses Consumer Usage Metrics

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Card-linked rewards company Cardlytics recently divulged some notable metrics.

The Atlanta-based company is working with more than 300 banks to give them insight into the spending of nearly 70% of households across the United States.

Since launching in 2008, Cardlytics reports:

    • Its system reaches 75 million U.S. households, about 200 million consumers

    • Those households make more than 11 billion debit or credit card purchases annually, amounting to $500 billion

    • It has 12 million mobile customers

Across the Cardlytics network, consumers activate an average of 15-20% of deals, have increased their spending amount by 4%, and have increased their online logins by 12%.

To learn more about Cardlytics, watch its FinovateEurope 2013 demo, coming soon to finovate.com/archives.html.

Manilla Adds More Than 54,000 Small Businesses to Network

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Since launching their Custom Accounts feature in December 2012, bill-management service Manilla has seen users add more than 54,000 local small business accounts to their network.

The expanded network means that Manilla customers are accessing a growing number of small and local businesses, thereby extending the service beyond the company’s current biller library of more than 3,500 national and regional businesses.

Manilla’s Custom Accounts feature allows users to add and manage future payments, from babysitter and lawn-care services to paying the rent. The feature also allows users to set up reminders for other upcoming obligations, such as tax filing or contributing to charity.

Android app users can use the Custom Account features immediately. Forthcoming updates from Manilla will enable iOS app customers to take advantage of the Custom Account functionality as well.

Manilla’s announcement comes in the wake of a recent survey of the company’s users. More than 65% said that they find it easier to access their financial service provider’s website through Manilla. More on Manilla’s survey is available here.

Manilla was last on the Finovate stage in September 2012 for FinovateFall. Watch their product demo here.

Finovate Alumni News– March 13, 2013

  • Finovate-F-Logo.jpgrplan has launched an online course providing education on the fundamentals of investing.
  • Tuition.io scores a 9 out of 10 in AppStorm’s review.
  • Virtual Piggy receives Frost & Sullivan Excellence in Best Practices Award.
  • IDT & Fiserv partner to expand availability of International calling services and walk-in bill payments.
  • ABC News reviews student banking service Waspit.
  • PaySimple launches redesigned mobile app and credit card reader.
  • Ping Identity names Michael J. Sullivan CFO.
  • TradeKing wins seventh consecutive, four-star rating in Barron’s Online Broker Survey.
  • Cloud Squads reflects on the Bazaarvoice Summit 2013.
  • TechCrunch reports PayPal acquires mobile app development Studio Duff Research to work on its mobile and digital wallet.
  • Aptys Solutions chosen by Texas-based Mainstay Group as payment exchange provider.
  • Manilla adds more than 54,000 small businesses to its network.
  • Identity Theft 911 talks with Reuters about identity protection during tax time.
  • TSYS scheduled to present at Barclays Emerging Payments forum in Boston.
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.

Finovate Alumni News– March 12, 2013

  • Finovate-F-Logo.jpgCapital Access Network has provided SMBs access to more than $3 billion in working capital and facilitated 100k transactions since its inception.
  • Online CV certification service Veritas Vitae enlists miiCard to help eliminate CV fraud.
  • Forbes highlights BillGuard as 1 of 7 Tel Aviv-based startups.
  • Finextra reports Yorkshire Building Society taps eWise for PFM service.
  • Affinity Solutions to discuss brand loyalty, transaction-enabled marketing at Loyalty Expo 2013.
  • ACI Worldwide assures that it will maintain roadmaps, commitments to ORCC customers in wake of acquisition.
  • Bazaarvoice chooses Cohn & Wolfe as agency of record for North America.
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.

Website Winners: Logix Federal Credit Union

imageThe Financial Brand today published a list of 50 “spectacular websites” from banks and credit unions. While their methodology wasn’t disclosed (see note 1), the winners appear to share one major trait, stunning homepage visuals. The first 20 are especially notable. (BTW, I would have put Citibank and Square in the top 20.)

We’ve already written about ten of the top 20: Salem Five (#1), Simple (#5), PNC Virtual Wallet (#7), USAA (#10), Mango (#12), Perkstreet (#14), Virgin Money (#15), Mint (#16), Movenbank (#18) and Comerica (#19).

But I wasn’t familiar with most of the other top-20, and as a huge admirer of Mr. Pilcher’s tastes in all things financial, I can’t wait to visit the others and report back.

Let’s start with the one that first caught my eye in the screenshot rundown:
Logix Federal Credit Union (Burbank, CA; $3.5 bil; 110,000 members), which for 75 years (until last July) was known as Lockheed Aircraft FCU (screenshot #1).

Observations:

  • The CU, which has the challenge of getting members to accept its new name, has adopted this cute orange robot (Robix) as its brand ambassador and has developed a number of contests and promotions around it. It’s a great way to send a youthful, innovative vibe that fits well with the CU’s North Hollywood location. And it makes for an engaging graphic image. Weber Marketing provided the name change and rebranding package. Extractable did the website design.
  • The website uses a nonstandard primary navigation bar running across the middle of the page. The design uses different background colors above and below the nav bar which helps draw attention to the navigation. The primary nav bar reverts back to the top after leaving the homepage.
  • Secondary navigation pops up in a megamenu below the main nav bar. This works pretty well, though some of the choices were below the fold on my 12-inch laptop, making them hard to get to. But users who are annoyed by megamenu popups can click on the primary items (Banking, Loans, Investments & Insurance, Business) and find all the secondary nav items on a single page arranged in standard HTML format. 
  • There are four versions of the homepage, which I discovered with a page refresh. The second version includes a closeup shot of the robot and features a different promotion in the top-right promotion area (see second screenshot below).
  • Headline copy is cute and concise.
  • The robot branding is carried to its Facebook page which has garnered about 1,500 likes.

Bottom line: The delightful robot image (high-tech, yet playful), orange color scheme, and ample use of white space are great attention-grabbers. Great work and very refreshing.

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Logix Federal Credit Union homepage #1 (11 March 2013)

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Logix Federal Credit Union homepage #2

Note: The “Bright Futures” promotion for youth checking.

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Logix Federal Credit Union homepage #3

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Logix Federal Credit Union homepage #4

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Logix Federal Credit Union Facebook page (link)

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Note:
1. Update (3 PM, 11 March): Jeffry Pilcher, Editor (and owner) of The Financial Brand, told me that it is a collection of websites that he was fond of design-wise. And that the numbering is not a precise measure of their standing, but more a loose indicator, i.e., #2 is ahead of #40, but there is not necessarily a material difference between #2 and #12. 

Finovate Alumni News– March 11, 2013

  • American Banker reports: Union Bank signs up for Fiserv’s Bill Pay.
  • Bolstr featured on MSNBC’s Your Business.
  • Backbase gives a glimpse of the Digital Marketing Module it showed at FinovateEurope.
  • Triple Pundit looks at how the SEC is holding SoMoLend and other debt/equity crowdfunding platforms hostage.
  • USA Today considers Lending Club’s success.
  • CIO lists Expensify as 1 of 3 apps to help at tax time.
  • BellaDati releases updates to its platform.
  • Credit Karma launches app for Android.
  • Med Gadget interviews Diversinet CEO, Dr. Hon Pak.
  • Finextra reports Geezeo signs 1st United Services Credit Union.
  • CashStar announces availability of tablet gifting.
  • Android, iOS updates now provide card-to-card payments with Pageonce.
  • Dough Roller blog names PocketSmith one of the best calendar-based personal finance apps.
  • Continuity Control to partner with cbanc Network to provide regulatory briefing via RegAdvisor.
  • Koolspan and DeviceFidelity team up to build TrustSleeve, bringing microSD-based voice encryption to the iPhone.
  • Locaid and Life360 join forces to help parents stay in touch with their kids.
  • The Financial Brand highlights 50 of the most spectacular website designs in banking: Simple (formerly BankSimple), Standard Chartered, Mint, & Moven. See Netbanker’s take on the list here.
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.

DeviceFidelity Raises More than $470,000

Thumbnail image for DeviceFidelityLogo.jpgMobile wallet developer DeviceFidelity has raised more than 470,000 as part of its current round of funding.

The amount raised represents nearly a quarter of the funds it hopes to raise in its current round, according to this report from the Dallas Business Journal.

This most recent funding news comes on the heels of word in January that the company had raised $1 million in debt financing.

DeviceFidelity made headlines recently with its partnership with Incipio. The two companies will work together to bring to market NFC-enabled cases for the iPhone.

DeviceFidelity was last on the Finovate stage at our Spring 2012 event. See the company’s presentation here.

Finovate Alumni News– March 8, 2013

  • Finovate-F-Logo.jpgTechCrunch reports: PayPal separates developer platform from X.commerce, launches Simpler mobile APIs.
  • Springwise considers the open source nature of TESOBE’s OpenBankProject.
  • Pindrop Security named the Best Rookie Security Company at the 2013 SC Awards.
  • Servant of Chaos reports: SocietyOne eyes off disruption in personal lending.
  • Intuit Small Business blog lists Mint and Expensify as 2 of 4 apps to help manage your small business.
  • UK Wired Magazine reports BehavioSec invents alternative to passwords using biometric fingerprints.
  • Edison Investment Research publishes report covering Virtual Piggy.
  • Founder and CEO of Fuze Network, Dave Wilkes, to speak at the 2013 BAI Payments Connect Conference & Expo.
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.