Blog - Page 964 of 1285

Trustly Providing Direct Account Payment Solution for Groupon Users

By Julie Muhn (@julieschicktanz) Posted on January 10, 2014
Categories: Trustly

Paying for your daily deal in Sweden is about to become easier. Payment-services company Trustly announced this week that it has partnered with Groupon to provide direct bank payment options to its end customers that have an account at a Swedish bank.U.S.-based Groupon works with companies in 48 different countries to help businesses offer deals and incentives to potential customers.The daily-deal giant is Trustly's largest customer to date in the ecommerce sector. It will directly provide convenient and secure payment methods online for customers of seven banks:SwedbankNordeaHandelsbankenSEBDanske BankSkandiabankenLänsförsäkringar BankGroupon anticipates the direct payment method to be popular with consumers both online and on mobile devices.To learn more about Trustly, check out its demo video from FinovateEurope 2013.

KBC Bank Ireland Embraces Temenos T24 Core Banking

By David Penn Posted on January 10, 2014
Categories: Temenos

Temenos has just picked up another bank: KBC Bank Ireland has signed up for both the company's core banking system, T24, as well as Temenos' Insight Business Intelligence Suite.Deployment of T24 will help the bank focus on more personalized customer service and on delivering innovative banking products, according to KBC Bank Ireland Chief Executive Wim Verbraeken. The move is part of a broader rollout that includes providing full online and mobile banking capability to its retail customers.Among the selling points of T24 was the platform's "product-building capability." In the words of Jean-Michel Hilsenkopf, Temenos Regional Director for Europe, this will allow KBC Bank Ireland to bring new financial products to market quickly "without the need to write bespoke code."KBC Bank Ireland is one of the largest banks in Ireland. The bank reported total retail deposits of €2.9 billion - a year over year increase of €0.8 billion - and added…

Finovate Alumni News — January 10, 2014

By David Penn Posted on January 10, 2014
Categories: BellaDati, Bill.com, Manilla, Temenos, Trustly

KBC Bank Ireland embraces Temenos T24 core banking.Accounting Technology takes a look at Bill.com and its integration with Tax1099.com.Google Play Editor's Choice features the Manilla Android app.BellaDati adds four new features.Trustly providing direct account payment solution for Groupon users.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 Sneak Peek: Part 1

By Julie Muhn (@julieschicktanz) Posted on January 9, 2014
Categories: CurrencyTransfer, Fastacash, FinovateEurope 2014, Luminous, Matchi, Tink, Toshl

FinovateEurope is almost a month away, and we're well into preparing for the show, to be held in London on February 11 and 12 at the historic Old Billingsgate Market Hall.Before we all gather around the demo stage, we wanted to give you a preview of what to expect. Below are the first six companies in our sneak peek series. Stay tuned for more!CurrencyTransfer.com enables foreign exchange companies to compete for your business transfers.Features:Compare low-cost currency quotes, and book trades in one independent venue100% cost transparency, displaying side-by-side 'sell' and 'market' quotesPost trade analysis; no more paper trailsWhy it's great:Access foreign-exchange quotes from all your providers in one place. Execute your business trades at the best price at the click of a button.Daniel AbrahamsCo-Founder and Head of Partnerships at CurrencyTransfer.com. Half Israeli, Daniel divides his time between offices in London and Tel Aviv. Mentor at Startup ABC & Personal Finance blogger.LinkedInStevan LitobacCo-Founder…

CAN Capital Raises $33 Million from Meritech Capital, Accel Partners

By David Penn Posted on January 9, 2014
Categories: CAN Capital

CAN Capital has secured $33 million in funding from Meritech Capital Partners, Accel Partners, Ribbit Capital, and QED Investors.This latest funding-round raises CAN Capital's total to $63 million, which includes $30 million in funding raised by Accel Partners in 2012.Almost one month ago to the day, Capital Access Network announced its rebranding as CAN Capital. Chief Marketing Officer James Mendelsohn said that the rebranding was an effort to better "resonate with small business owners" as well as speak to "potential lending partners, and employees."By that measure, today's news is the first indication that the rebranding is already paying off. CAN Capital CEO Daniel DeMeo said that the funding will allow the company to "further enhance our product offerings to continue meeting our customers' needs."CAN Capital provides working capital to SMEs. The company uses its proprietary risk models and data from daily business performance to provide funds from $2,500 to $250,000.A few additional…

Finovate Alumni News– January 9, 2014

By David Penn Posted on January 9, 2014
Categories: CAN Capital, Kabbage, LendUp, Lighter Capital, Mortgage Harmony, Moven, Ping Identity, Xero

Gartner's Web Access Management Marketscope Report gives Ping Identity a positive rating.Moven, LendUp, Kabbage, and Xero are featured in a Wall Street Journal article on alternative lenders and social media.CAN Capital raises $33 million from Meritech Capital, Accel Partners.PenFed is now offering Mortgage Harmony's One Click rate reset protection.Lighter Capital closes 39th financing with Influence Technologies.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 Early-Bird Deadline is this Friday! Register Now to Save!

By Eric Mattson Posted on January 8, 2014
Categories: Uncategorized

FinovateEurope 2014 is barely more than a month away and we are projecting a record crowd will be on hand to witness dozens of the hottest new fintech innovations debut live.On February 11 & 12, 68 hand-selected innovative companies will take the stage in London to showcase their latest ideas to a projected crowd of more than 900 financial executives, venture capitalists, press, industry analysts and entrepreneurs. If you would like to join the event, the early-bird deadline for the conference is this Friday. If you register before then, you will save £100 and lock in your chance to attend.In case you're curious, here is a small sample of the organizations that have already registered for the event. ABN AMROAccel PartnersAIB BankANZAXA BankBalderton CapitalBank of AlandBank of AmericaBank of IrelandBank Julius BaerBarclaycardBarclays BankBe Group CelentCredit SuisseDatamonitorErnst & YoungExperianFidelity InvestmentsFinancial TimesFT PartnersGoldman SachsGoogleIndex VenturesING DirectJyske Bank Life.SREDALloydsRiyadbankSkagen FundsSpareBankStandard BankSwedbankThe BancorpVolksbankWellington PartnersMicrosoftPostFinanceRabodirectIf you're…

FinovateEurope 2014 Early-Bird Deadline is this Friday! Register Now to Save!

By Eric Mattson Posted on January 8, 2014
Categories: Uncategorized

Finovate Alumni News — January 8, 2014

By David Penn Posted on January 8, 2014
Categories: CurrencyFair, Doxo, Dynamics, Flint Mobile, LendUp, Manilla, Refundo

Merchant Maverick calls Flint Mobile "the perfect service for low-volume merchants."LendUp and Refundo team up to provide short-term loans for underbanked taxpayers waiting for refunds.Manilla launches Bill Share to make managing family finances easier.CurrencyFair unveils their new website.The Seattle Times joins doxo to simplify bill delivery and payment for subscribers.Dynamics ePlate Visa Card adds 50th rewards partner.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.

Manilla Launches Bill Share to Make Managing Family Finances Easier

By David Penn Posted on January 7, 2014
Categories: Manilla

Sometimes the only thing more important than having a safe place for "your stuff" is a having a way - when you want to - to safely and easily share your stuff.To that end, Manilla is announcing Bill Share, the latest addition to their free, cloud-based bill-management service."Whether you're co-managing finances with your spouse, overseeing a college student's accounts, helping elderly parents with their money or sharing information with your account, money management often involves more than one person, and that can become complicated," said Manilla CEO Jim Schinella. Bill Share provides the sort of "shared finances" functionality that a number of personal finance management apps have begun to feature (such as Yodlee's Best of Show winning app, Tandem).How so? Manilla users can take advantage of Bill Share simply by granting selected Manilla users access to their account. Users can then jointly manage finances, share information with financial professionals, and leave comments…

Allied Payment Network’s Partnership with Mitek Pays Off with PicturePay

By David Penn Posted on January 7, 2014
Categories: ACI Worldwide, Allied Payment Network, Mitek

Since adopting PicturePay, bank and credit union customers of Allied Payment Network have seen 5-15% month-over-month growth in transactions and 10% growth in retention rates for customers who used bill pay. This has taken retention rates as high as 98%.This is the emerging bill pay landscape as seen from the partnership between Allied Payment Network and Mitek. With more financial institutions offering ways for customers to pay bills, a feature like mobile bill pay helps distinguish those FIs looking to maximize opportunities through the fastest growing transaction channel.Allied Payment Network notes that half of the customers who use PicturePay never took advantage of online bill pay services in the past. And a big selling point for the technology is the ability to pay using the mobile device's camera rather than having to type out information on a keyboard.The company was recently in the news with announcement of its partnership with…

Finovate Alumni News– January 7, 2014

By Julie Muhn (@julieschicktanz) Posted on January 7, 2014
Categories: BancVue, Dwolla, Jack Henry, Numbrs, Q2, Q2ebanking, TSYS, Zopa

State of Iowa expands government payment partnership with Dwolla; Iowa DOT begins using service for IFTA and IRP.Urban Partnership Bank introduces upbAnywhere, the New Virtual Banking Platform from Q2 (Q2ebanking).ABL Advisor looks at BancVue's BancAssets advising partnership with UHaul.CEO Interview: Julien Arnold of Numbrs.Zopa wins "Best Peer to Peer Lender" award from Moneynet Personal Finance.TSYS announces partnership with Womply to provide TSYS Merchant Insights business analytics dashboard.Jack Henry Banking to provide its clients with access to American Express' FX International Payments service.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.