In an arrangement with Ready Wireless, InComm will be launching its Airfair Lifeline Reload card at more than 7,000 participating 7-Eleven stores.Lifeline is a public program for low income Americans that helps them gain telephone access, secure employment, and make and stay in contact with health services. The program provides a set number of cell phone minutes but, until now, buying additional minutes has been a complicated process. Lifeline-eligible telecommunications companies (ETCs) typically have no brick and mortar presence, making it difficult for cash-oriented program participants.This new arrangement makes it easier for those using the program to reload their cards with additional minutes, texts, or data by paying in cash at the point-of-sale at participating 7-Eleven stores. 7-Eleven is the first national retailer to participate in the program. Others are expected to offer the product later in the year.Fred Haumessert, co-founder and executive vice president of sales for Ready Wireless…
Just over a year after joining Wealthfront as Chief Operating Officer, Adam Nash has been tapped to succeed founder Andy Rachleff as President and CEO. Rachleff will take on the position of Chairman.Adam Nash has a diverse background in engineering, product management and strategy, and venture capital. Educated at Stanford and Harvard Business, he has held executive positions at LinkedIn, eBay and Atlas Venture, the latter an early stage venture capital firm. Adam blogs about technology and finance at his personal website, Psychohistory, at blog.adamnash.com.What's interesting about the pick is that Rachleff says he saw a CEO in Nash from the very beginning. Rachleff wrote about the announcement on his blog, "In fact, I actually wanted Adam to join as CEO, but he felt the infrastructure we needed to build would require his full attention in the short term."We now know what was meant by "short term." Nash takes the…
Payoneer announces partnership with Quantum Solutions.MasterCard card payments coming to Singapore transit courtesy of collaboration with Transit Link Pte Ltd.Backbase releases Backbase CXP 5.5 with added mobile and WCM features.FIS names new CIO: Ido Gileadi.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.
As we return to the United Kingdom for our fourth Finovate event in London, is there any surprise that "mobile" is the most dominant theme going into this year's show?Startups and established veterans alike are putting more emphasis into building features, functionality, and user interfaces with a "mobile first" perspective. This is enabling a generation of consumers to make payments, manage their finances and investments, and even get a loan wherever they are, without needing to rely on transportation or the tether of a power cord.Meanwhile banks and financial institutions are exploring the mobile channel as a way to improve customer on-boarding, both in and outside of the branch.From authentication and asset management to white-label BPM solutions, and from ambitious direct-to-consumer innovators to B2B, software-as-a-service specialists, this year's demos at FinovateEurope will provide an insight into the state of financial technology at the beginning of 2014, as well as offer…
Fenergo taps Stan De Schepper for SVP, Americas.National Bank of Andrews, AimBank to adopt Temenos T24 core processing platform. See Tememos at FinovateEurope in London.Business Review Europe takes a look at Azimo's expansion into Austria.GMC Software Technology recognized as industry leader in latest Forrester Research Wave report.Technics and Time feature PayPal and TransferWise in list of ways to pay without your wallet.Swipely unveils its "Winter '14" release to extend its service to help restaurant and hospitality customers make smarter decisions.SafetyPay signs agreement with Brazilian firm Privalia.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 2014 is officially less than one month away. We will be returning to Old Billingsgate Market Hall in London for our fourth event in Europe and are excited to see and share the variety of fintech innovation our presenters will have on display. Get your ticket here today and see all 66 demos live.Our Sneak Peek series is designed to help you get to know a little bit about each of our presenters ahead of time. If you've missed any of our earlier installments, take a look at FinovateEurope 2014 Sneak Peeks 1-3 below.Sneak Peek #1Sneak Peek #2Sneak Peek #3And now, meet another six companies who will be demoing next month at FinovateEurope 2014.IT Sector presents a new approach to sales. Enable your commercial team to plan and close deals while on the road, with less effort, more results, and satisfaction from customers.Features:Commercial lead generatorPortable Sales OfficeReal-time access to commercial managementWhy it's…
Mortgage banking can be a profitable segment, but shrinking margins, competitive pricing strategies, and lower volumes, it can just as easily be ruthless.Keith Kelly Mortgage Harmony CEO, Is working on changing this. We caught up with him last week to chat about the recent partnership with Pentagon Federal Credit Union.The 1.2 million-member-strong credit union opted to white-label the platform for its users, calling it a One Click Rate Reset Protection. To check out the user experience for ourselves, Kelly provided us with a link to a test environment (click here to access). Here is what it looked like after we logged in to the "GTE Financial" test environment:The system shows us the details of our current mortgage, along with what it will look like after the rate is reset.After opting to reset the loan, the customer is prompted to sign the new document using DocuSign:Once the signature is confirmed, the site…
Entrepreneurial Finance Lab uses psychometric test to stop loan defaulters.Unquote.com examines funding FinovateEurope alumni have received.FreeAgent now enables UK-based sole traders to file their self assessment return to HMRC on the FreeAgent platform.My Manisku Pte Ltd., the company behind TradeHero, selected for Microsoft Ventures Accelerator's fourth class.The Martin Lewis Money Show talks about P2P lending and Zopa.Tagit-powered Maybank Mobile Money wins Best MCommerce solution ward from Mob-Ex.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.
Acculynk announces patent for PIN based, online authentication.St. Louis Business Journal takes a look at miiCard's chances at winning the FStech Award for "most disruptive financial services technology."Kapitall launches bonus program; $200 and 2,000 koins for new accounts.The Financial Brand features Strategy Corps' BaZing.Management Today interviews with Christian Laang, Tradeshift CEO.CNBC highlights FutureAdvisor and how it can help you save on fees.Kofax today announces availability of the Kofax Mobile Capture 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.
ID Analytics names George Gelly Chief Product Officer.Doxo reviews 2013: hits 1 million users mark, achieves 3 to 6x growth in every region of U.S.Northeast Bank to deploy Jack Henry Banking's SilverLake System core processing platform.TSYS to launch Authorization Controls for credit and debit cardholders.University Business Magazine names peerTransfer a Top Product of 2013.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.
To help you prepare for FinovateEurope 2014, our fourth Finovate event in London, we've compiled a small taste of what the companies will demo over the course of February 11 and 12. To see each company demo live, get your ticket here.Below, you'll find a preview of the next 6 companies in our series. If you missed the first 2 posts, check out:Sneak Peek #1Sneak Peek #2The Currency Cloud provides a transparent online service powering international payments firms. It enables businesses to move money around the world easily, quickly and securely.Features: The ability to hold multi-currency balances in an ewalletFaster international paymentsDelivered though our upgraded intuitive interfaceWhy it's great: Moving money should be easy. It powers next-generation companies with a transparent, fast and trusted global payments platform to transform how the world moves money. Mike Laven, CEOMike is a seasoned FinTech expert who has been pioneering innovation for over 30 yearsLinkedInRichard Bastin,…
For a fintech company to succeed outside of the digital realm in the physical world of print is not an easy feat. It makes sense, however, that a company with as much spunk as LearnVest has been able to make a splash with a book.Alexa Von Tobel, LearnVest Founder and CEO, has been a rising star in the personal finance realm lately. The New York-based CEO released her own book, Financially Fearless, at the end of last year, and it has recently been listed as the #5 New York Times Best Sellers list in the category of Advice, How-to, and Miscellaneous.Additionally, it reached:Wall Street Journal Best Seller #1 hardcover in Business and #5 Hardcover in Non-Fiction categories Chicago Tribune Best Seller #5 in Hardcover Non-Fiction category Apple iBooks Best of 2013Amazon Best Seller (during the weeks of December 22 and 29, 2013)Readers who forward their book receipt to [email protected] can receive a little…