BillGuard Launches on Android; Unveils New Data Breach Alert Feature

By David Penn Posted on
Categories: BillGuard
Who 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.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…

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

By Eric Mattson Posted on
Categories: FinovateEurope 2015
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…

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

By Eric Mattson Posted on
Categories: Uncategorized
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…

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BodeTree Brings in $2 Million in Series A Round

By David Penn Posted on
Categories: BodeTree
The best thing about the news that BodeTree has raised $2 million in Series A funding may be the possibility that the company is not done raising money just yet.According to reporting at TechCrunch, BodeTree CEO Christopher Myers is considering the possibility of additional funding from other investors by July. BodeTree, which made its Finovate debut in San Jose this spring, now has more than $6 million in total capital raised, with Greenline Ventures currently the company's biggest investor.For small businesses, BodeTree provides tools to help owners do business valuations, peer comparisons, and conduct critical business intelligence. Features include seamless integration with Xero, easy syncing with QuickBooks Online, and support for QuickBooks Desktop Interface.All this organization serves another purpose: making it easier for potential lenders and banking partners to better understand businesses in order to provide loans and other services.Said Christopher, "Our goal is for BodeTree to be the financial…

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Finovate Alumni News– May 14, 2014

By Julie Muhn (@julieschicktanz) Posted on
Categories: ACI Worldwide, BodeTree, Bolstr, FinovateSpring 2014, Finovera, FutureAdvisor, LikeFolio, Loop, Manilla, Pindrop Security, Rippleshot, Saved Plus, Simple, TextPower, TIO Networks, Wallaby Financial, Wealthfront, WePay
TIO Networks partners with New Jersey's Public Service Electric and Gas Company to set up bill payment kiosks.Pindrop Security and AGNITiO partner to protect call centers as they adapt to an increasingly mobile customer base.Bolstr explains the basics of crowdfunding on NBC Chicago.Loop Wallet app now available on Android.Maps Credit Union chooses ACI Worldwide's online banking platform.Javelin Strategy takes a look at bill pay alternatives to Manilla, including Finovera.FinovateSpring 2014: Behind the Scenes with WePay, Rippleshot, and TextPower.BodeTree brings in $2 million in Series A round.SavedPlus, LikeFolio, Wallaby, FutureAdvisor, Simple and Wealthfront earn spots on CNN Money's list of the 15 best financial websites and 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.

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FinovateSpring 2014: Behind the Scenes with WePay, Rippleshot and TextPower

By David Penn Posted on
Categories: FinovateSpring 2014, Rippleshot, TextPower, WePay
In today's report, we'll get to know three more companies that made their Finovate debuts at FinovateSpring 2014 in San Jose.So far, our Behind the Scenes series has introduced CUneXus, ID.me, and Venovate in our first installment. Here, we'll meet API-developer WePay, network security innovator, Rippleshot; and SMS-based omni-factor authenticator TextPower.WePayWhat they do"We are an API company focused on platform businesses: crowd funding sites, donation platforms, marketplaces ..." this is how John Canfield, WePay Vice President of Risk, describes the company. Unveiling their Veda Risk engine at FinovateSpring, WePay demonstrated how it has leveraged its basic expertise in payments to provide a flexible way to create new accounts and process payments.WePay's origins as a payments company give it a unique insight into the needs of the clients it serves as an API innovator. John says the opportunity to focus on user experience and turning Big Data into Big Analytics makes…

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New OBR Published: Mobile Account Opening

By Jim Bruene Posted on
Categories: Online Banking Report
One of the biggest debates in banking today is the role of the branch, and especially its significance in new account opening. Many analysts, this firm included, see remote account opening as a better experience for the customer and potentially much cheaper for banks (though it requires downsizing branch networks to achieve meaningful cost savings). But so far, most of the debate has been around the pros and cons of online/desktop account opening vs. the human-guided experience in branch. What’s missing in this discussion is the key role that MOBILE account opening will play going forward. With superior technology (think OCR via smartphone camera, instant funding by taking a picture of your debit card, and real-time access to new deposits) mobile opening is much more compelling than desktop alternatives. And the technology is here today, from the likes of Mitek, Jumio and others. Now, it takes hard work to execute…

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Finovate Alumni News– May 13, 2014

By Julie Muhn (@julieschicktanz) Posted on
Categories: Banno, FIS, InComm, Insuritas, Mambu, ProfitStars, ShopKeep POS, TIO Networks, TSYS, Yseop
Yseop expands to New York http://bit.ly/QEtHWxInComm partners with Softgate Systems to enable consumers to make cash bill payments in-store for 12k billers.TIO Networks partners with PSE&G to enable customer payments at 2,000+ retail locations.TSYS chooses ShopKeep to offer POS technology in the cloud.FIS introduces Early Risk Manager, a turnkey, cloud-based risk and compliance solution for FIs.Back to Banno: ProfitStars rebrands Andiamo mobile payments solution; now called Banno Mobile.Mambu wins core banking contracts with financial organizations in Nigeria, Angola, and Kenya.United Community CU partners with Insuritas to create a virtual "Insurance Aisle" inside the credit union.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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Financeit Unveils New Loan Application Design and Features

By David Penn Posted on
Categories: FinanceIt
The announcement of Financeit's new loan application process may not resound with the crescendo of multi-million-dollar fundings. But my guess is that the businesses who rely on Financeit to help them offer financing services to their customers are pretty pleased at the news.Simplification and a clearer, through-line taking customers from the beginning to the end of the loan application process is the goal of the redesign. Here are the features of the "new Financeit experience":eSignature functionality to sign and submit documents onlineBetter notifications in real-time on loan status and other updatesImproved design provide single-click access to borrower, loan, fee, and commission detailsNew technology powers drag and drop document submittalFinanceit specializes in providing businesses with the ability to provide point-of-sale loans to their customers. With interest rates as low as 7.13% APR, Financeit borrowers can finance between $500 and $50,000 for up to 15 years. Based in Toronto, Ontario, Canada, the…

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Finovate Alumni News– May 12, 2014

By Julie Muhn (@julieschicktanz) Posted on
Categories: Actiance, BancBox, Dealstruck, Entrepreneurial Finance Lab, FIS, Jumio, Loop, Manilla, ShopKeep POS, SmartyPig, Strands, Xero
Manilla to shut down July 1.Xero and ASB launch business to bank payments.Bancbox and Kingdom Trust Company partner to streamline the crowdfunding and P2P lending platform for the IRA investor.Actiance tops Forrester's social risk and compliance product list.Strands hires new CEO, Erik Brieva.Dealstruck and Entrepreneurial Finance Lab named finalists in Core Innovators Challenge.FIS announces launch of FIS Instant Card to accelerate FI's ability to provide new or replacement cards.Chris Skinner highlights the relationship between SmartyPig and ICICI Bank in a feature on Banking-as-a-Service.ZDnet takes a look at ShopKeep POS, including its recent $25 million investment form Thayer Street Partners.The Motley Fools calls Loop, the invention that "will change the way you pay for everything."The Rock Trading Ltd. partners with Jumio for real-time ID verification services.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…

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TradeHero Launches in China on iOS and Android

By David Penn Posted on
Categories: TradeHero
Just in time for the IPO of Chinese commerce giant, Alibaba, TradeHero has announced that its virtual stock market platform is now available for Chinese traders and investors, whether they prefer iOS or Android.Although just announced this week, the Chinese version of TradeHero that runs on iOS allegedly has been available since April. The Android version, which can be downloaded from app store at Baidu and Tencent as well as at Google Play, is the more recent arrival. But there's no denying that having Chinese versions for both platforms will go a long way toward helping spread adoption of the technology, with more than 400,000 users in more than 100 countries already on board.TradeHero also announced new features for Version 2.0, including expanded access to the trade details of other traders, changes in the way some features are paid for, and an improved user interface that puts a new emphasis…

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Finovate Alumni News– May 9, 2014

By Julie Muhn (@julieschicktanz) Posted on
Categories: Bolstr, CUneXus, Fiserv, ID.me, Klarna, Kony Solutions, MasterCard, MoneyDesktop, Q2ebanking, Rippleshot, Stockr, Venovate
Q2ebanking releases first quarter results with 2014 Q1 revenue of $16.8 million, up 31% YOY.Stockr voted Top 100 Website by PC Magazine.Dell Services improves enterprise mobility offerings with Kony partnership.Silicon Slopes: MoneyDesktop snags AtTask executive for EVP of Sales.FinovateSpring: Behind the Scenes with CUneXus, ID.me, and Venovate.Bolstr featured in Built in Chicago.MasterCard launches "auWallet" prepaid card program for APMEA region in partnership with KDDI.Nymeo Federal Credit Union to deploy account processing technology from Fiserv.Klarna, Provenir launch project to combine fraud risk decisioning with compliance, risk management automation.Entrepreneurial digital startup hub, 1871, features Rippleshot.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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