New Online Banking Report Published: The Best of FinovateFall 2012

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We wrapped up FinovateFall in New York City about a week ago. Over the course of two days, 64 companies gave 7-minute demos to an audience of around 1,100. We’ve summarized the information and presented it in our latest Finovate Report, Fall Edition.

Introducing:

The Best New Products at FinovateFall 2012

This post-show wrapup is designed to help those that weren’t there get a better understanding of the major themes. And for those who were in attendance, it’s a box score to compare with your own notes and impressions.

In the report, we looked at three big trends that emerged at FinovateFall:

    • Small businesses get the same financial tools as bigger businesses
    • Security moves past the PIN 
    • Beyond plastic, the mobile wallet is here

Thumbnail image for SKIMGsmall2.jpg

And we profiled each of the seven companies voted Best of Show by the attendees at the event (note 1):

__________________________________________________________________

About the report
__________________________________________________________________

The Best New Products at FinovateFall (link)
Includes a look at all eight Best of Show winners

Author: Julie Schicktanz, Finovate Group Research Analyst
Editor: Jim Bruene, Finovate Group Founder

Published: 28 September 2012

Length: 59 pages, 12,000 words

Cost: No extra charge to OBR subscribers, US$195 for others

The printed version will be mailed to subscribers next week

_________________________________________________________________

Note:
1. See Best of Show methodology here.

FinovateFall 2012 Live Twitter Transcript

Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for TwitterBird.jpgHere is the live Twitter transcript from @Finovate during FinovateFall last week:

Entries appear in chronological order.

Day 1, Session 1
  • Truaxis, leads off Finovate Fall 2012; the startup was acquired by MasterCard last week; demoing its new profitability analytics module
  • Truaxis demoing how statement rewards can improve ROI.
  • Precash precash launching Flip, mobile check deposit for the underbanked
  • Precash is launching a “Practical mobile wallet for the underbanked” 
  • ckmack launching first investing platform for individuals to invest in rental real estate 
  • CK Mack using peer-to-peer investing model applied to rental income 
  • Segmint launching “One Button” system to create and deliver targeted online cross-sell campaigns in under a minute
  • Shopkeep launching POS solution so merchants can run a store from an ipad
  • Shopkeep walking through iPad interface, design receipt, coupon, reporting, export to QuickBooks
  • Shopkeep announcing integration with PayPal, Dwolla and LevelUp 
  • BCSG launching its Small Business Hub in USA 
  • BCSG showing the accounting, marketing, management tools in suite
  • BCSG sm biz tools can deepen relationships and increase fee income; Barclays converts 40% of sm biz to the hub; 150,000 using 
  • Ideon launching Choice Savings & Investments a direct to consumer savings “bank” 
  • Ideon showing how customers can build custom savings plan with CDs, indexed products, etc. 
  • Ideon Choice going direct, but also is offering white label version 
  • LearnVest launching investment module with fee-based financial planning
  • Learnvest demoing it’s financial plan creation and easy-to-digest report
  • Learnvest CFPs can “co browse” with users to look at plan; also launched all features on mobile
  • Internet Biometric Security Systems launches Genesis Enterprise 4-factor facial/voice recognition
  • IBSS showing login with facial recognition then voice recognition; also showing virtual attendent video chat with cust service
Day 1, Session 2
  • Waspit launches “social banking for students” 
  • Waspit’s “banking 2.0” has data, deals, gamification, and sharing via Facebook, Twitter, Foursquare, and Yelp 
  • Playmoolah launching youth platform for savings, spending, investing, & giving
  • Playmoolah engages entire family around money & banking, “financial training wheels for students” using real money 
  • Billhighway launches mobile fundraising app with Square-like processing
  • Billhighway demoing a donation via iPad, using volunteer from American Express; app is customized for non-profit; has leaderboard 
  • IgniteSales launching tool for FIs to cross sell, “Bank Product Concierge” and “Analytics Dashboards”
  • Ignite Sales showing the needs assessment process, resulting personalized offer
  • Finovera debuts Bill Management, personal bookkeeper to manage all bills and docs with single login; 
  • Finovera showing statement aggregation UI; w/ suite of reminders triggered by user-defined metrics, eg. cable bill 50% higher
  • CartaWorldwide launching a turnkey NFC payments solution
  • Carta mobile app allows consumer to turn account on and off for security reasons; demoing companion web-based UI
  • Handpoint launching first hybrid dongle solution combining EMV/chip and magstripe
  • Handpoint demoing mobile transaction from terminal to smartphone w/ point-to-point encryption; will white label
  • Handpoint introduces a simple & secure EMV mobile point-of-sale solution 
  • Mastercard and Linkable Networks teaming up for card-linked offers
  • Linkable Networks delivering first-ever SKU-level offers (eg 6-pack of Coke); UI can login via FB
  • Linkable demoing offer signup via QR code scan from printed advertisement
  • The Currency Cloud launches Connect API for foreign exchange transactions
  • Currency Cloud is used by two finovate alums: Fidor Bank to power ewallet and TransferWise; offering rates up to 90% less 
Day 1, Session 3
  • Compass Plus launching tranzaxis open development banking platform
  • Compass Plus demoing use case of its dev platform: instant issue of a prepaid card from a kiosk on stage
  • Dashlane launches mobile shopping solution with instant checkout and login solution
  • Dashlane demoing instant checkout via iPad, auto-completes and logs in to any ecommerce site w/ no merchant integration
  • Purchases made via mobile auto-sync to consumer’s Dashlane online dashboard
  • Personal Capital
    launches
    professionally managed 401(k)
  • SecureKey launching Fraud Reduction Solution platform for mobile device authentication
  • SecureKey working with MasterCard and will be embedded into 200 million Intel devices next year 
  • Moneydesktop launching smartphone PFM solution; showing ipad vs iphone side by side w same UI
  • MoneyDesktop showing “bubble budgets” that can be moved about via swipe, unique UI
  • Blackhawk Network launching “gowallet” to manage all prepaid cards
  • Blackhawk Network demoing giftcard aggregation UI; includes merchant offers which can be shared via Facebook
  • Blackhawk Network’s GoWallet mobile allows saving to Apple’s new passbook app; also cards can be shared and gifted 
  • Experian “Prequalification Tool” taps consumer credit data to teach consumers how they stand credit wise
  • Experian demoing tool with customer optin for prequal, making it a “soft pull”; tool keeps credit impact transparent to user 
  • With Experian prequal, user has opted in to continued credit sharing, so FI can market to them later; showing loan app integration
Day 1, Session 4

  • Yodlee unveils Small Business Center Platform, suite of management tools for business owners
  • Yodlee powers aggregation at 3 of the demos earlier today (Learnvest, Personal Capital, MoneyDesktop) 
  • On iPad, Yodlee showing cash flow tools, invoice app, and expense mgmt app with image capture or uploads of receipts
  • Actiance launching Salesforce integration for its “social engagement” platform
  • Actiance demoing how content can be posted across FB, Linkedin, Twitter, etc., while ensuring compliance 
  • Akamai counts 8 of top 10 banks as clients, launching Kona Site Defender, a cloud-based security
  • Akamai showing an actual attack on dummy bank sites, one protected and one not 
  • Akamai Kona automatically filters out bad site requests, from the cloud, before they take site down (which happens in demo) 
  • Virtual Piggy launching its kid-safe online payments platform
  • Virtual Piggy showing “family wallet” that parents’ control for online spending, can choose which merchants allowed 
  • Virtual Piggy showing child’s dashboard, have various skins for diff ages; has “available to spend” button; 50 merchants live 
  • Dynamics launching today its “Chip and Choice” card; includes magstripe, EMV, and contactless 
  • Dynamics new card called “triple interface” 
  • Deluxe launching SwitchAgent automation tools to help consumers change financial institutions 
  • Deluxe showing how SwitchAgent logs in to old bank & automatically transfers billpay payees to the new bank; SunTrust is using 
  • Mshift launching new payment network, “AnyWhereMobile” to compete with Visa/MC
  • AnyWhereMobile from MShift relies on existing mobile tech & ACH transfers; demoing mobile purchase 
Day 2, Session 1

  • IDology launching authentication system that replaces shared secrets w/out of wallet questions
  • Idology demoing mobile challenge questions created from recent banking data + public info
  • IND Group launches financial planning tool, “Story of My Finances” to make saving/investing more pertinent
  • IND Group tool allows users to choose from standard scenarios eg “Buy a car” or build custom stories; demoing “spend less”
  • ImpulseSave launching system to make it easier to “save” via mobile app
  • ImpulseSave has web-based dashboard to establish goals and track progress; includes social sharing, used by 40% of users
  • Locaid launches Geofence, a geolocation API for mobile banking and payments
  • Locaid demoing web-based “Instant Locate” where issuer can see where cardholder is at all times via geolocation
  • Launching today, Locaid also can now help reduce false positives via IP address
  • Ohpen launching cloudbanking platform for mutual funds & savings accounts
  • Thomson Reuters launching app store; FIs can rapidly create market monitoring and investing apps
  • Thomson Reuters how FI could go into app store and customize an online service; showing results live on stage
  • Cachet Financial launching “CheckReview” to help banks manage remote check deposit risk
  • Cachet Financial showing high-res image of check, extremely clear (even on 30-foot screen); demoing how to set business rules
  • Cachet Financial CheckReview allows real-time monitoring; has tools to communicate with users about problems
  • aSpark launching “Stock Panorama” that “follows” your investments via market data & social media
  • aSpark showing iPad app with Twitter integration, community functions, calendar function; earning call integration
  • Luminous Banking launches BankFiling to manage commercial loan financial statement gathering process
  • Luminous showing how client statement are uploaded; then converted onto a dashboard for banker to review for possible loan issues 

Day 2, Session 2

  • DigitalMailer launching “My Virtual Strongbox” for FI customers to store docs within online/mobile banking 
  • DigitalMailer showing how virtual strongbox can
    be customized by user; has “whoops” button to undo delete; has doc sharing tool
  • DigitalMailer debuting ipad app developed with Malauzai; syncs with website; can be fee income producer; in use by 2 large CUs
  • Credit Sesame, with 1 million accounts after 1 year, launching “Financial Fitness”
  • Stockr launching social investing platform creating stock-based news feeds 
  • Stockr using Facebook-like newsfeed to can follow stocks, news, and people both friends or experts in the field 
  • Stockr site going live at noon today 
  • Credit Sesame showing dashboard with understandable picture of overall credit; how you compare to peers; and action items to save 
  • Credit Sesame launching new “mortgage visualizer” to find best mortgage through unique UI
  • Banno launching Grip, to show your trending bank balance data to forecast what’s about to happen
  • Banno’s Grip mobile app allows users to see what transactions they’ve made at nearby merchants; “help me decide” to make decision
  • Banno’s Grip includes Amazon-like camera integration to take pic of item/barcode to save on wishlist; also includes P2P module
  • Mortgage Harmony launching one-click “mortgage refi” solution 
  • Mortgage Harmony showing how easy it is to reset mortgage rate; includes contact info/details on loan officer & realtor
  • Backbase launching “Launchpad” which merges the “marketing website” with the “secure site” 
  • Backbase showing Launchpad use case for investigating a car loan, populated with secure info including balances 
  • Backbase showing the Portal Manager to manage the marketing variables on the back end; native app has same capabilities
  • PindropSecurity launches Fraud Detection System that protects against phone phishing (via call forwarding) 
  • Pindrop Security demoing how they can tell if a phone has been improperly forwarded to stop fraudulent authentication 
  • Bolstr launching crowdfunding platform focusing on “main street” small biz
  • Bolstr uses “debt based” crowdfunding model where investors get portion of the borrower’s sales until the agreed ROI is hit 
  • Bolstr showing forum for investors to Q&A with business owners; has negotiated flat-fee deals with attorneys to cut legal costs
  • Fiserv launching “speak to pay,” one of many choices it offers for m-payments (voice, tap, swipe, keyboard)  
  • Fiserv demoing speech recognition for complete billpay process on mobile app and the payment was made live! 
Day 2, Session 3

  • CommunityLend launching “FinanceIt” app for instant financing on a purchase at no cost to merchant
  • CommunityLend launching iPad-based system; merchant scans drivers lic to verify, can use camera to take pic of product/invoice
  • CommunityLend enables instant financing, as agent for various FIs; live across Canada now, moving to US in 2013 
  • Emida launching CAT mobile wallet for underbanked who prefer cash
  • Emida showing cash load process at third-party location; then P2P mobile payment
  • Each Emida wallet has stored-value account; can be used to pay bills, send international remittances, use rewards
  • Tuition.io launching system to organize & optimize the user’s outstanding student loans 
  • Tuition.io showing loan aggregation dashboard with pros and cons on programs to help with repayment; shows which to pay off 1st
  • Tuition.io working with 135 schools including the top 25
  • TouMetis launching $mart (Smart) PFM for small biz, works through Yodlee platform 
  • TouMetis showing iPad business dashboard; tagging & annotating expenses; creation of electronic receipt
  • Guardian Analytics launching FraudXCHANGE, cross-institution fraud fighting network 
  • Guardian Analytics FraudXCHANGE has secure community forum where members can share info with each other
  • Guardian Analytics showing how banks can drill down into security alerts, then tell community about the problems
  • PaySimple launching invoicing system for small businesses to get paid faster
  • PaySimple enables invoice recipients to pay online; includes Facebook linkage, review links 
  • Validsoft launching SMART platform for mobile multi-factor authentication using voice, digits/images
  • After login, Validsoft creates secure encrypted tunnel via mobile to bank

Day 2, Session 4
  • eToro launching Social Trading Index for trade sharing/copying
  • Manilla debuting its bill and account organization platform
  • Manilla allows billers to license the space around their bill to control the content; competing ads are not allowed
  • Manilla showing the mobile app; currently 50% of new users registering through mobile 
  • Euronovate launching ENSIGN 10 tablet (hardware & software) to take paper out of branches
  • Euronovate provides full support for implementing & managing electronic signature within a bank; includes triple-DES encryption 
  • Leadfusion launching a cross-channel sales platform
  • Leadfusion demoing mobile-to-branch-to- tablet-to-email-to-phone use case
  • Prepaid Resources launching Direct Deposit management platform (with APIs)
  • Prepaid Resources “BenefitsDirect” system helps establish AND maintain the direct deposit connection; improves retention
  • Payfone launches “1-Touch Checkout” to improve mcommerce results
  • Payfone signup designed to be through the mobile banking app; closing the mcom vs ecom payment gap 
  • PayTap launching billpay sharing app to easily tap parents or roommates to help with payment 
  • PayTap billpay solution now integrated with Amazon; includes PayPal and Dwolla options; has recurring payments

CoverHound Announces Partnership with Source Interlink Media

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Motor vehicle insurance comparison website, CoverHoundannounced a partnership with Source Interlink Media.

Through this partnership, CoverHound will power auto insurance comparison engines on Motor Trend Auto Group sites, including:

    • MotorTrend.com
    • IntelliChoice.com
    • Automotive.com
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In addition, the San Francisco-based startup announced that Source Interlink Media, along with returning investor Blumberg Capital, has made a strategic financial investment in CoverHound.

To learn more about CoverHound, watch its FinovateSpring 2012 demo.

Kabbage Lands $30 Million in Series C Financing, Adds Former PayPal President to Board

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Over the past two weeks, Kabbage, a provider of capital to online small businesses, made two big announcements.

First, it raised $30 million in Series C financing. This installment brings Kabbage’s total financing to $56 million. Investors include:

    • Thomvest Ventures
    • UPS Strategic Enterprise Fund
    • Mohr Davidow Ventures
    • BlueRun Ventures
    • Warren Stephens
    • David Bonderman

According to Forbes, Kabbage plans to use the $30 million to expand the business by funding offline businesses as well.

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Kabbage also announced that Scott Thompson, former President of PayPal, will join its board of directors. The Atlanta-based startup’s board currently includes:

    • Rob Frohwein (Kabbage CEO)
    • Marc Gorlin (Kabbage Chairman and Co-Founder)
    • Bryan Stolle (General Partner Mohr Davidow Ventures)
    • Jonathan Ebinger (Partner Blue Run Ventures)
    • Bruce Miller (Managing Director Stephens)
    • Don Butler (Managing Director of Thomvest Ventures)

To learn more about Kabbage, watch its FinovateSpring 2012 demo.

Finovate Alumni News– October 1, 2012

  • Thumbnail image for Thumbnail image for Thumbnail image for Finovate-F-Logo.jpgAmerican Banking Journal reflects on FinovateFall.
  • USA Today launches portfolio tracker powered by SigFig.
  • Tagit appoints new CEO, gears up for rapid expansion.
  • American Banker looks at Dwolla’s ACH alternative.
  • Moment NYC blog considers tech from FinovateFall.
  • GigaOM reports Outright teams up with PayPal and Expensify.
  • Inc. Magazine features financing from Lighter Capital as a way to expand small business.
  • Huffington Post reports Kabbage faces competition from Amazon’s new lending service.
  • InComm partners with Ifeelgoods to offer electronic gift cards.
  • WSJ names ThreatMetrix to “Next Big Thing” list. Ranks among top 50 startups in US.
  • Singapore-based PlayMoolah announces partnership with OCBC Bank.
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.

New Online Banking Report Published: The Best of FinovateFall 2012

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We wrapped up FinovateFall in New York City about a week ago. Over the course of two days, 64 companies give seven-minute demos to an audience of around 1,100. We’ve summarized the information and presented in our latest Finovate Report, Fall Edition.

Introducing:

The Best New Products at FinovateFall 2012

This post-show wrap-up is designed to help those that weren’t there get a better understanding of the major themes. And for those that were in attendance, it’s a box score to compare with your own notes and impressions.

In the report, we looked at the three big trends that emerged at FinovateFall:

    • Small businesses get the same financial tools as bigger businesses
    • Security moves past the PIN 
    • Beyond plastic, the mobile wallet is here

Thumbnail image for SKIMGsmall2.jpg

And we profiled each of the seven companies voted Best of Show by the attendees at the event (note 1):

__________________________________________________________________

About the report
__________________________________________________________________

The Best New Products at FinovateFall (link)
Includes a look at all eight Best of Show winners

Author: Julie Schicktanz, Finovate Group Research Analyst
Editor: Jim Bruene, Finovate Group Founder

Published: 28 September 2012

Length: 59 pages, 12,000 words

Cost: No extra charge to OBR subscribers, US$195 for others

The printed version will be mailed to subscribers next week

_________________________________________________________________

Note:
1. See Best of Show methodology here.

Finovate Alumni News– September 28, 2012

  • Thumbnail image for Thumbnail image for Thumbnail image for Finovate-F-Logo.jpgAustin Business Journal profiles Bazaarvoice CEO, Brett Hurt.
  • Lending Club announces updates and enhancements.
  • Atlanta Business Chronicle reports Cardlytics to add over 100 jobs.
  • CreditUnions.com looks at solutions demoed at FinovateFall earlier this month.
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.

Bank of Internet Launches No-Overdraft-Fee Checking Account

imageI’ve been working on a blog post, “overdrafts in the digital age,” for a few days. But it’s ballooning to the point where I may turn it into a full Online Banking Report. Or just publish it in several parts here.

Either way, I’m looking for examples of new approaches to overdraft protection. For example, Bank of Internet recently did away with the fee altogether on its Rewards Checking account. The bank won’t necessarily honor the check (unless the user is covered by linked-account overdraft protection), but they won’t charge a fee if they give it the heave-ho (note 1).

The account also boasts no monthly fee, an APY up to 1.25% (if electronic transaction minimums are met), an ATM fee rebate, Intuit’s FinanceWorks PFM with Cardlytics-powered cash-back, mobile remote deposit (Mitek-powered, I presume) and Fiserv’s POPmoney P2P payments. It’s like a Finovate greatest-hits account.

————————————–

Bank of Internet homepage features Rewards Checking (27 Sep 2012)

Bank of Internet homepage featuring no-overdraft-fee checking

Rewards checking landing page (link)

BofI rewards checking landing page

———————————-

Note:
1. Bank of Internet won’t impose a fee, but the merchant who submitted the check (and who will be dinged by their bank) very likely will. So it’s not necessarily a fee-free event.
2. For info, our report on fee-based online services (subscription, May 2011)

Finovate Alumni News– September 27, 2012

  • Thumbnail image for Thumbnail image for Thumbnail image for Finovate-F-Logo.jpgZipZap to power global cash payments for omba.
  • Forbes mentions Credit Sesame, Tuition.io, PayTap, Digital Mailer as 4 tools to help you manage your money.
  • Capital Access Network closes $295 mil credit that to serve the small business community.
  • PYMNTS chats with Kabbage’s co-founder & chief operating officer, Kathryn Petralia.
  • GambleID taps Locaid for geolocation services.
  • PC World features Yodlee, ShopKeep POS, Bolstr, PaySimple, CommunityLend, & Billhighway.
  • CU Times reports Mortgagebot Launches First Credit Union on Integrated Platform.
  • SafetyPay, in conjunction with the Bank of Montreal, the RBC, TD Bank & Scotia Bank, offers online payment service via Canadian Interac network.
  • Fiserv selected as Affinity Provider in FPA Practitioner Resource Guide.
  • Currensee delivers PAMM Replacement Solution for CTAs and Money Managers.
  • Netbanker: BillGuard is first financial service to Integrate with the New iPhone Passbook Wallet.
  • Compass Plus partners with WorldWide Financial 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 account.

FinovateAsia’s Early-Bird Ticket Deadline is this Friday September 28th — Register Now to Save!

FinovateAsiaLogo.png

In just six weeks, three dozen cutting-edge fintech companies will take the stage in Singapore for the inaugural FinovateAsia. As usual, each of the hand-selected presenters will get only seven minutes and no slides to demo their new innovations in everything from big data to mobile, security to personal finance, payments to investing, and much more.

But the innovative companies on stage are just half the story. The other half is the high-quality audience. The auditorium is filling quickly with innovative leaders from companies like ANZ, Celent, Citibank, Citi Ventures, Cradle Fund, Gartner, Financial Technology Partners, Javelin Research, IDC Financial Insights, Mastercard, Maybank, OCBC, Standard Chartered, SWIFT Innotribe, The Bancorp, UBank, UBS, UOB, and Visa.

If you’d like to join these leaders and watch the future of Asian fintech debut live, tickets are still available at the early-bird price of S$895 on the FinovateAsia website. But early-bird tickets are only available through this Friday September 28th, so please get your ticket now to lock in your seat and the savings.

Thanks and we hope to see you in Singapore in November!

FinovateAsia 2012 is sponsored by: The Bancorp Inc., Citi Ventures, Financial Technology Partners, Standard Chartered, & Visa

FinovateAsia 2012 is partners with: Asian Banking & Finance, BankInnovation, BankerStuff, Celent, Finance on Windows, PYMNTS.com & The Emerging Finance

FinovateAsia’s Early-Bird Ticket Deadline is this Friday September 28th — Register Now to Save!

FinovateAsiaLogo.png

In just six weeks, three dozen cutting-edge fintech companies will take the stage in Singapore for the inaugural FinovateAsia. As usual, each of the hand-selected presenters will get only seven minutes and no slides to demo their new innovations in everything from big data to mobile, security to personal finance, payments to investing, and much more.

But the innovative companies on stage are just half the story. The other half is the high-quality audience. The auditorium is filling quickly with innovative leaders from companies like ANZ, Celent, Citibank, Citi Ventures, Cradle Fund, Gartner, Financial Technology Partners, Javelin Research, IDC Financial Insights, Mastercard, Maybank, OCBC, Standard Chartered, SWIFT Innotribe, The Bancorp, UBank, UBS, UOB, and Visa.

If you’d like to join these leaders and watch the future of Asian fintech debut live, tickets are still available at the early-bird price of S$895 on the FinovateAsia website. But early-bird tickets are only available through this Friday September 28th, so please get your ticket now to lock in your seat and the savings.

Thanks and we hope to see you in Singapore in November!

FinovateAsia 2012 is sponsored by: The Bancorp Inc., Citi Ventures, Financial Technology Partners, Standard Chartered, & Visa

FinovateAsia 2012 is partners with: Asian Banking & Finance, BankInnovation, BankerStuff, Celent, Finance on Windows, PYMNTS.com & The Emerging Finance

Finovate Alumni News– September 26, 2012

  • Upstart Business Journal mentions Virtual Piggy, Waspit, & Kiboo as catering to young customers.
  • On Deck reaches 1 million daily debit payments.
  • Communication FCU enlists Tyfone to provide customers with mobile banking solution.
  • TRADESHIFT increases language support to 190 countries.
  • TIO hits $100M mark for mobile bill payments.
  • Boston Business Journal reports Linkable Networks raises $3.2M.
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.