Blog - Page 940 of 1285

Rehearsal Day in San Jose: Keeping Things Cool at FinovateSpring 2014

By Julie Muhn (@julieschicktanz) Posted on April 28, 2014
Categories: FinovateSpring 2014

While NOAA has issued a statement about record-breaking high temperatures for the bay area this week, we're keeping things cool inside the air conditioned City National Civic center today, making the final preparations for FinovateSpring 2014.This is Finovate's first time at this new venue, where stars like Bob Dylan, The Rolling Stones, The Who, and Carlos Santana have performed. Over the next two days, 68 fintech stars will take the same stage to demo the latest in fintech.These seats will be filled tomorrow, so be sure to come early to claim yours. Registration begins at 8AM, and the demos will begin at 9AM. Check out the agenda below:While registration is filling up, there are still a few tickets available. Get yours here to join us!

Fraud Prevention Specialist Signifyd Raises $2 Million in Seed Funding

By David Penn Posted on April 28, 2014
Categories: Signifyd

Led by Resolute VC, and with participation from Andreessen Horowitz, Data Collective, IA Ventures, QED Investors, Tekton Ventures and other angel investors, Signifyd has raised $2 million in seed financing."E-commerce companies can't waste time and resources cobbling together internal fraud solutions," said Resolute VC's Mike Hirshland. "The need for a comprehensive fraud prevention platform is apparent."And not just comprehensive fraud prevention, but standalone, as well. One of the distinguishing features of Signifyd is technology that is designed as a holistic solution of merchants who would rather not try and build, or even integrate, a security system on their own."(They) have to become an expert on device fingerprinting, IP geo-location, NAP Checks, BIN lookups, social spoofing ..." said Signifyd CEO and co-founder Raj Ramanand. "With Signifyd, you get a one-stop solution, from automated scoring to manual review."Signifyd is in beta and that beta program continues to be a busy one. According…

FinovateSpring 2014 Starts Tuesday: Are You Ready?

By David Penn Posted on April 27, 2014
Categories: FinovateSpring 2014

The Finovate crew has landed. And a whole van full of padfolios, multi-colored lanyards, tabletop-sized signage, and Best of Show trophies have been unloaded at the City National Civic facility that will host this year's FinovateSpring 2014.And here's some more good news: if you haven't secured your ticket to FinovateSpring yet, there's still time left. Click here to buy your tickets and save your spot before the show is sold out.With that in mind, here are a few reminders, tips, and need-to-knows before the show gets started bright and early Tuesday morning.ScheduleRegistration for FinovateSpring 2014 begins at 8am Tuesday morning, April 29. The first demo will began at 9am sharp, and the live demos continue all day long until 4pm. We begin again Wednesday morning at 9am, with another day full of live demos, again ending at 4pm.And be sure to stick around during the networking session afterward. We will…

Call Centers Still Integral to Digital Banking

By Jim Bruene Posted on April 27, 2014
Categories: Service

Guest post by Jeanne Capachin, Founder & Principal of CAPACHIN Research. ------------------------- What do you do after you’ve led the call center for the White House? For Les Boothby, you run an amazing contact center for Elevations Credit Union, headquartered in Boulder, Colorado. There are several things about Les and what he does that point to the future of banking in a digital-first world. First, Les is passionate about his people and about member service. At Elevations, the contact center is a vibrant, engaging place to work. Les and his leadership team’s attitude and Elevations’ focus on service are in full view. This focus is borne out by the Just Say Yes attitude of the staff. Even if it means calls that last over an hour, or visits to a member’s home, they own the relationships and are prepared to do what it takes to solidify relationships. A great demonstration…

New Jersey Natural Gas Customers Can Now Pay via Check Mobile App

By David Penn Posted on April 25, 2014
Categories: Check

I don't know if natural gas truly is the bridge between our dirty fuel past and a green energy future. But I'm increasingly convinced that mobile payments companies like Check are the bridge between our dirty cash past and a future free of paper payments.Check announced today that it has signed yet another agreement with a major utility company to allow customers to pay their bills via the company's mobile app. Kathleen Kerr, VP for customer service at New Jersey Natural Gas, said, "many of (our customers) already use Check's app ... So it is a natural next step for us to learn with Check."Check's interest in utility companies and their customers is not new. Back in October the company surveyed more than 50 utility companies as part of what now is clearly an effort to target the industry as a potential customer base. Check currently has relationships with utility…

Finovate Alumni News– April 25, 2014

By David Penn Posted on April 25, 2014
Categories: Check, InComm, Ondot, The Currency Cloud, Yodlee

Yodlee deepens ties to developer community, announces partnerships with Startupbootcamp, 25fifteen, and Entrepreneurial Spark.PYMNTS.com features OnDot Systems' "remote control credit card" technology. See them demo at FinovateSpring in San Jose.New Jersey Natural Gas customers can now pay via Check mobile app.Pymnts interviews The Currency Cloud CEO Michael Lavin.InComm and Marketing Werks launch AFINITI Marketing Platform.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.

FinovateSpring 2014: The Way to San Jose

By David Penn Posted on April 24, 2014
Categories: FinovateSpring 2014

"Fame and fortune is a magnet / It can pull you far away from home"--"Do You Know the Way to San Jose?"How many miles from home have this year's FinovateSpring presenters traveled in order to take the stage next week in San Jose? It is true that a third of the companies that will be demoing hail from the Bay Area or parts nearby in Northern California. It is also true that FinovateSpring 2014 will host innovators from as far away as Germany and the United Kingdom, Singapore and the Ukraine.Take a look for yourself (click to enlarge).And with ticket registrations climbing above 1,200 this week, plan on finding plenty of professional, like-minded company during the two days of live demos, C-level networking, and the latest in fintech innovation.Here is a full list of the companies that will be demoing at FinovateSpring 2014 in San Jose on April 29 and 30. ArtivestAvokaBodeTreeChiaraMailCoinbaseCREALOGIXCUneXusD3…

Billpay: After 20 Years as a Loss Leader, Check/PageOnce Shows Path to Profitability

By Jim Bruene Posted on April 24, 2014
Categories: Bill payment, Fee Income, Pricing

In the United States, banks have squandered $10+ billion providing free billpay during the past 12 years. But that's about to change, if the model from Palo Alto-based Check (formerly PageOnce) takes hold. First, a history lesson for anyone born after 1980. For the first few years of the online era (mid-1990s), "electronic bill payment" was offered by banks and credit unions with monthly fees of $5 or $6. That made it roughly breakeven, at least if you didn't count the sometimes heavy burden on customer service to solve problems caused by the very analog back-end of the so-called "electronic" service. But then in 2002, Bank of America ruined even that by offering free billpay and advertising it widely on television (note 1). It even released internal data purporting to prove that what the bank gave up in fee income was more than compensated by intangibles such as higher deposit…

Ondot Systems Raises $18 Million Ahead of FinovateSpring Debut

By David Penn Posted on April 24, 2014
Categories: Ondot

With less than a week to go before FinovateSpring, it's pretty hard to hide our excitement for Ondot Systems. The Finovate newcomer will be arriving at the show $18 million in funding richer courtesy of an investment from a set of undisclosed contributors.Ondot Systems' technology is called CardControl. CardControl allows consumers to have instantaneous control over their credit, debit and other payment cards via their smartphones.The applications for the technology are clear: from parents setting limits on a son or daughter's credit card, to an individual being able to quickly "freeze" a lost or stolen card. The range of control options includes the ability to turn cards on or off, to provide location-based parameters on where the cards can be used, as well as to limit purchases by type and/or amount.Said the company in a statement: " We think giving consumers tools to control, monitor, and manage card usage is…

ShopKeep POS Snags a Spot in the iPad POS Spotlight with $25 Million in Funding

By Julie Muhn (@julieschicktanz) Posted on April 24, 2014
Categories: Funding, ShopKeep POS

On the heels of this week's rumors of Square's possible IPO or acquisition, ShopKeep POS is taking its place in the in the iPad-based POS system spotlight.Today, the New York-based company announced it raised $25 million in Series C funding.Contributing investors include:Thayer Street PartnersTribeca Venture PartnersTTV CapitalContour Venture PartnersCanaan PartnersTom GlocerMatt CoffinShopKeep, which is proud of its New York roots and already has an international office in Belfast, is looking to open an office on the west coast. It will also use the funding to expand on its product with analytics can be accessed anywhere.The funding will also help with the growth spirt ShopKeep is expecting from all of the POS systems currently running Windows XP. Since Microsoft is no longer providing support for that operating system, merchants using it will need to seek out a different option. To see a live demo of ShopKeep POS in action, check it…

Finovate Alumni News– April 24, 2014

By Julie Muhn (@julieschicktanz) Posted on April 24, 2014
Categories: Actiance, Check, Check Point, Doxo, Kantox, Klarna, Linkable Networks, Simple, ThreatMetrix

Linkable Networks teams up with Ohana to deliver card-linked savings.Actiance launches its Actiance Technology Partner Program.Check Point Software Technologies launches new 41000 Security System, expanding its network security portfolio.The Paypers interviews ThreatMetrix CEO, Reed Taussig.Kantox announces formation of European Advisory Board.Klarna Checkout launches in Germany.doxo launches real-time business analytics and market data for service providers.The Simple customer experience as experienced on a 3 week bike trip to FinovateSpring.Billpay: After 20 years as a loss leader, Check/Pageonce shows path to profitability.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.

Last Chance for FinovateSpring 2014 Tickets!

By Eric Mattson Posted on April 23, 2014
Categories: Uncategorized

FinovateSpring 2014 is almost here and we are very excited! With every passing hour, we are skyrocketing towards a new attendance record for the conference (and for any Finovate in our 20-show history)! Based on current trends, we're projecting almost 1,400 innovators will be in the audience to watch the future of financial technology unfold. (A few tickets do remain so please register soon to lock in your seat before it is too late.)While we are thrilled with the record-setting size of the audience, what is truly impressive is the quality of the attendees and the organizations that they represent. Here is just a small sample of the organizations that will be in attendance: A.T. KearneyBank of IrelandBank of the WestBBVA CompassBECUBessemer Venture PartnersBlackRockBNP ParibasCanaan PartnersCapital OneCelentCeltic BankCenturyLinkCFPBCharles SchwabChase PaymentechCIBCCiti VenturesCity National BankConsulate General of CanadaCoupons.comDeluxe CorporationDieboldDigital InsightDiscoverE*TRADE FinancialEdward JonesEquifaxEverBankExperianFidelityFifth Third BankFilene Research InstituteFirst Data VenturesFirst Republic Bank FISFiservForbesFoundation CapitalFrost…