Finovate Alumni News– March 21, 2013

  • Finovate-F-Logo.jpgTIO Networks launches mobile payment app for Mobilicity.
  • PayPal signs on to the ePayments Code released by the Australian Securities and Investment Commission (ASIC code, which replaces EFT code).
  • CNN Money reviews Mint and HelloWallet side-by-side.
  • CNN Money names BillShrink as best app to manage your money.
  • Flint Mobile announces partnership with NXGEN subsidiary Fidano to support mobile payment adoption.
  • Through partnership with Luminous, Nihilent to sell Luminous’ solutions in India.
  • IDentity Theft 911 expands service partnership with VyStar Credit Union.
  • Cofounder of TransferWise, Taavet Hinrikus writes in the Wall Street Journal about the importance of team-building for successful CEOs.
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.

Judges Name BBVA and Fidor Bank AG Two of Four Winners of the 2013 Bank Innovation Awards

BILogo.jpg

We recently returned from the Bank Innovation conference in San Francisco, where the 2013 Bank Innovation awards were presented on Monday afternoon.

A panel of judges selected BBVA and Fidor Bank AG as 2 of 4 companies whose innovations made a difference in 2012.

BBVABBVALogo.jpg
BBVA won for its BBVA Game that uses gamification to incent clients to use its banking services. Elements of the game include points, badges, and a leaderboard that come together in a virtual economy. In the 6 months since its launch, more than 100k customers have signed up. Watch the demo video of BBVA debuting its new Stockbuzz program at FinovateEurope 2013.

BBVAGame.jpg

fidorLogo.jpg

Fidor Bank AG
Fidor Bank AG won for Like-Zins, a user-generated interest rate program. For every 2,000 Facebook likes that Fidor receives, it raises the interest rate on FidorPay checking accounts by 10 basis points per year (with a cap of 15% per year). So far, the Facebook community has increased the accounts by 50-70 basis points. Fidor demoed at FinovateEurope 2011.

FidorLikeZins.jpg

Also among the winners are:

  • Long-time Finovate sponsor The Bancorp Bank, which is the financial institution that backs both Moven and Simple.
  • SaverNation, a company that helps users fund their retirement by saving small percentages of their normal purchases.

See Bank Innovation’s full coverage of all of the winners here.

Tyfone Taking Mobile Wallet Services to Communication Federal Credit Union

Thumbnail image for tyfone.jpg

Believe that mobile banking is the future? Then stay tuned for more from credit unions like Communication FCU which just announced a new partnership with mobile banking platform provider Tyfone.

What’s in the deal for Communication FCU and its members? The highlights include:

  • Fiserv XP2 core integrated mobile banking
  • Enhanced ID authentication
  • NFC contactless payment technology

Central to Tyfone’s mobile banking solution is the iCashe mobile wallet. Tyfone’s mobile wallet provides opportunities for financial institutions to earn revenue while simultaneously offering wallet-users easy and secure access to their accounts.

Communication FCU has more than 55,000 members and more than $850 million in assets. Founded in 1939, the credit union has 10 branches in Oklahoma and Kansas.

Long-time alum Tyfone demoed at Finovate Startup 2008. You can see their demo here.

Finovate Alumni News– March 20, 2013

  • Thumbnail image for Finovate-F-Logo.jpgFenergo releases enhanced compliance and customer onboarding support solution for FIs.
  • FIS announces seven-year agreement with FirstBank Puerto Rico for outsourcing services.
  • Fortnoff Financial reviews TradeKing.
  • The Valley Girl Show interviews Locaid CEO, Rip Gerber.
  • Creative Huddle takes a look at TransferWise as a disruptive force in banking.
  • BillGuard launches early, limited MVP testing version of iPhone app.
  • Expensify bolsters SalesForce integration by supporting FinancialForce.
  • American Banker reports Backbase launches Portal 5.4,  enhancing digital marketing to include better targeting & more.
  • Cortera launches Cortera Lookalikes to seek out new customers  that look and act like a company’s existing customer base.
  • rPlan launches “rplan University”, an online course to provide crucial education on investing.
  • ID Analytics launches ID Network Attributes, targeted consumer behavior insights that provide visibility into identity or transaction risk.
  • Lend Academy reports LendingClub loans being snatched up quickly (within hours).
  • PaySimple partners with CheckAlt to provide suite of payments and receivables tools to SMBs.
  • Validata to provide test case content for Temenos T24 German Banking Suite.
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.

FinovateEurope 2013 Demo Videos Now Available

FEU2013Button.pngWe’re excited to announce the demo videos from FinovateEurope 2013 are now available for your viewing enjoyment. If you missed out on the largest European event we’ve ever held, this is your chance to see the newest European and global fintech innovations from the 64 cutting-edge companies that were on stage.

The videos are part of the Finovate Archives, where you can watch (for free) every demo of new technology since our first conference in the fall of 2007. It’s an inspiring place to hang out online for a couple of hours.

If these videos have made you hungry for more, tickets for FinovateSpring 2013 (May 14-15 in San Francisco) and FinovateFall 2013 (September 10-11 in New York City) are now on sale. Both events showcase the latest fintech innovations from around the globe to audiences of 1,000+ financial executives, venture capitalists, press, industry analysts, bloggers and entrepreneurs. All you have to do is choose between the financial capital of the world (New York) or the startup capital of the world (Silicon Valley). We’ll see you soon! 

FinovateEurope 2013 was sponsored by: Bluerock Consulting, Financial Technology Partners The Bancorp & Yodlee

FinovateEurope 2013 was partners with: BankersHub, Celent, Finance On Windows, Financial Services Innovation Centre, The Financial Services Club, and Hotwire PR 

FinovateEurope 2013 Demo Videos Now Available

FEU2013Button.pngWe’re excited to announce the demo videos from FinovateEurope 2013 are now available for your viewing enjoyment. If you missed out on the largest European event we’ve ever held, this is your chance to see the newest European and global fintech innovations from the 64 cutting-edge companies that were on stage.

The videos are part of the Finovate Archives, where you can watch (for free) every demo of new technology since our first conference in the fall of 2007. It’s an inspiring place to hang out online for a couple of hours.

If these videos have made you hungry for more, tickets for FinovateSpring 2013 (May 14-15 in San Francisco) and FinovateFall 2013 (September 10-11 in New York City) are now on sale. Both events showcase the latest fintech innovations from around the globe to audiences of 1,000+ financial executives, venture capitalists, press, industry analysts, bloggers and entrepreneurs. All you have to do is choose between the financial capital of the world (New York) or the startup capital of the world (Silicon Valley). We’ll see you soon! 

FinovateEurope 2013 was sponsored by: Bluerock Consulting, Financial Technology Partners The Bancorp & Yodlee

FinovateEurope 2013 was partners with: BankersHub, Celent, Finance On Windows, Financial Services Innovation Centre, The Financial Services Club, and Hotwire PR 

Finovate Alumni News– March 19, 2013

  • Thumbnail image for Finovate-F-Logo.jpgVantageScore 3.0 now available from Experian.
  • WattzOn featured in RealtorMag column on energy savings for homeowners.
  • Communications Federal Credit Union to provide Tyfone mobile wallet services to its members.
  • Service2Media‘s M2Active 4.0 selected by Achmea as the “technological cornerstone” for its App Factory.
  • Bank Systems & Technology takes a look at what the acquisition of mFoundry means for FIS‘s future in mobile banking.
  • Bloomberg’s Tech Deals reviews Jemstep Portfolio Manager.
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.

Intuit Beats PayPal to Market with Mobile Pay in the UK

Thumbnail image for intuit.jpgThe latest on American mobile payment companies making a play for Europe?

PayPal says it’s on the way. And Square so far is nowhere to be found. Which makes Intuit‘s announcement that it is launching its Intuit Pay mobile payments service in the United Kingdom all the more provocative.

UK consumers have been waiting for Intuit Pay since the fall of 2012, when the company announced its intention to break into the mobile payments market in Europe. Starting in the UK, Intuit hopes to expand both to a wider European audience, as well as globally. This would follow in the pattern of previous, successful, region-by-region rollouts (i.e., Intuit’s QuickBooks).

Consumers in the United States can currently take advantage of Intuit’s GoPayment app, which is functionally the same service as Intuit Pay.

Intuit Pay will be available initially as an iOS app, with other platforms to be added in the near future (including Android). Intuit is offering its reader for free for a limited time.

The company’s move to the UK may have been encouraged in part by results from a survey suggesting that 47% of the small business respondents would accept cards if there were more affordable options, such as a smartphone or tablet. Currently, less than 20% of companies with less than 10 employees accept card payments.

Intuit was last on the Finovate stage in September 2009. The company demoed an integration of TurboTax for Online Banking with FinanceWorks.

Finovate Alumni News– March 18, 2013

  • Finovate-F-Logo.jpgBella Dati opens office in Singapore.
  • Business solutions company Neopost USA to use Striata as its electronic document delivery partner.
  • Mitek facilitates more than $40 billion in check deposits.
  • GigaOM reports Braintree’s recent move overseas helps double its payments volume to $8B.
  • Blackhawk Network files for IPO of up to $200 million.
  • miiCard 1 of 50 listed on the 2013 FinTech 50 Watchlist, a list companies in Europe that are redefining financial services.
  • Kashoo to partner with InfoStreet’s SkyDesktop.
  • Consumers.com asks whether Klarna will become a “major player” in online 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.

Announcing FinovateFall 2013 — Witness the Future of FinTech Innovation Debut in New York City!

btn3_ov.pngToday, we’re very excited to announce that FinovateFall will be returning to New York City on September 10 & 11, 2013, to showcase the best new innovations in financial technology in the heart of the financial capital of the world. 

Last year at the Javits Center, FinovateFall hosted 1,100 innovators eager to see the future of fintech debut live on stage via our fast-paced, demo-only format. This year, with the move to the more exclusive Manhattan Center, we expect to sell out significantly before the event so please get your ticket asap to lock in your seat (and the lowest price we’ll offer).

If you want to relive the demos from FinovateFall 2012 to whet your appetite, they’re all available free in the Finovate Demo Video Archives

If you’re curious about the type of people you’ll meet at the conference, please check out this small list of sample organizations that attended FinovateFall 2012.

If you’re a company innovating in financial technology, we’ll start accepting applications in early April so drop us an email at fall@finovate.com to get on the notification list.

We’ll see you in New York in September! (or San Francisco in May)

FinovateFall 2013 is sponsored by: The Bancorp, Financial Technology Partners, Hudson Cook LLP and Visa

FinovateFall 2013 is partners with: BankersHub, California Bankers Association, Celent, Filene Research Institute & Finance on Windows

Announcing FinovateFall 2013 — Witness the Future of FinTech Innovation Debut in New York City!

btn3_ov.pngToday, we’re very excited to announce that FinovateFall will be returning to New York City on September 10 & 11, 2013 to showcase the best new innovations in financial technology in the heart of the financial capital of the world. 

Last year at the Javits Center, FinovateFall hosted 1,100 innovators eager to see the future of fintech debut live on stage via our fast-paced, demo-only format. This year, with the move to the more exclusive Manhattan Center, we expect to sell out significantly before the event so please get your ticket asap to lock in your seat (and the lowest price we’ll offer).

If you want to relive the demos from FinovateFall 2012 to whet your appetite, they’re all available free in the Finovate Demo Video Archives

If you’re curious about the type of people you’ll meet at the conference, please check out this small list of sample organizations that attended FinovateFall 2012.

If you’re a company innovating in financial technology, we’ll start accepting applications in early April so drop us an email at fall@finovate.com to get on the notification list.

We’ll see you in New York in September (or San Francisco in May)!

FinovateFall 2013 is sponsored by: The Bancorp, Financial Technology Partners, Hudson Cook LLP and Visa

FinovateFall 2013 is partners with: BankersHub, California Bankers Association, Celent, Filene Research Institute & Finance on Windows

The Currency Cloud, Tradeshift, and Intuit Form Partnership

TheCurrencyCloudLogo.jpg

International FX payments service, The Currency Cloud today announced on its blog that it will partner with three other fintech companies, including e-invoicing company Tradeshift and SMB financial services company Intuit.

Through this partnership, the three will create an all-inclusive platform for TradeshiftLogo.jpg small businesses to better maintain cross-border relationships. The platform will focus especially on buyer-supplier relationships.

The terms of this deal have not been disclosed.

The Currency Cloud demonstrated at FinovateEurope last month, and its demo video will be posted here in a few weeks. Tradeshift demoed at FinovateEurope 2012, and Intuit demoed at Finovate 2009.