Blog - Page 971 of 1286

BillGuard’s New iPhone Features Bring Analytics and Coupons to Daily Spending

By Julie Muhn (@julieschicktanz) Posted on November 26, 2013
Categories: BillGuard

BillGuard, the startup that alerts consumers of incorrect charges, has taken its platform to a new level today with the launch of analytics and deals features on its iPhone app.Its self-titled Smart Money App has two new features:Spending Analytics: helps users analyze their finances month-over-month by comparing spending habits.Smart Saving: shares deals with users based on their spending habits that could help them save money. In order to keep coupons relevant to users, BillGuard lets them redeem or reject coupons. The launch of this update marks BillGuard's transitions from a reactive financial management approach to a proactive one. Since users log into the New York-based company's app an average of four times per week, it is hoping to make financial management a steady habit.BillGuard's app has consistently been listed in the top 20 free apps in the finance category. Check out Netbanker's coverage here.BillGuard launched BillGuard FI at FinovateSpring 2012. Check…

Finovate Alumni News– November 26, 2013

By Julie Muhn (@julieschicktanz) Posted on November 26, 2013
Categories: Dwolla, Enloop, MasterCard, planwise, Zopa

Iowa State student creates PayHere (for Dwolla) with startup's API demo.Planwise integrating into Solid Earth's real estate platform, Spring, which provides listing and tax data.Forbes lists enloop as 1 of 12 business writing tools to improve business writing.Finextra blogger talks peer-to-peer lending and Zopa.MasterCard announces partnership with Ogone to deploy MasterPass in Europe.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.

Fintech Four from Last Week

By Jim Bruene Posted on November 25, 2013
Categories: Alt Payments, Bill payment, Personal Financial Management

Since my previous Fintech Four (when Bitcoin was a lowly $200), it's been an interesting few weeks. Here are the standouts last week: _________________________________ One: Coin is an overnight YouTube sensation _________________________________ Who would have guessed a $50 payment gadget could be a viral hit? In the week since it was announced, the 105-second demo video (made Sandwich Video) has racked up more than 6 million views, 26,000 likes, and almost 9,000 comments. The company said it's original $50,000 crowdfunding goal was hit in 47 minutes, they have not said how many have been sold since. According to a button on its site, the pre-order period will last 30 days. Many of speculated about why this happened, but the most concise summary is on Quora written by Brian Roemmele. He lists five reasons: 1. The product solves a real problem, too many cards in the wallet 2. Coin implies there…

EyeVerify Wins First Place at International Startup Competition

By David Penn Posted on November 25, 2013
Categories: EyeVerify

Veteran of FinovateSpring 2013, EyeVerify won first place at the Get in the Ring international investment competition sponsored by the Erasmus Centre for Entrepreneurship in Rotterdam.EyeVerify, which is based in Kansas City, Kansas, beat seven other finalists to win what CEO Toby Rush called "the Olympics for startups." More than 1,000 startups participated in the competition, representing more than 30 countries, including Canada, Spain, Greece and Bulgaria. For winning first place, EyeVerify will have a shot at angel investment worth up to €1 million (approximately $1.3 million USD). The company won a cash award of $10,000 after beating eight U.S. finalists to qualify for the international round. EyeVerify also picked up a $1,000 Apple gift card for being voted the "crowd favorite".Video also available at YouTube.EyeVerify's technology uses "eyeprints" to authenticate. Eyeprints are pictures of the small patterns of veins in the whites of the eyes. These patterns are unique and the eyeprints…

Finovate Alumni News– November 25, 2013

By Julie Muhn (@julieschicktanz) Posted on November 25, 2013
Categories: ACI Worldwide, Backbase, BBVA, Bright Funds, Check, EyeVerify, GMC Software Technology, GoBank, MasterCard, mBank, Meniga, MoneyDesktop, Moven, Yseop

Atos to become preferred partner for one of the largest Islamic banks in the world for their solution based Backbase.Yseop Artificial Intelligence Software honored as French National Champion for European Business Awards.Moven, Meniga, GoBank, mBank, MoneyDesktop, BBVA Compass, and CaixaBank make Marous' "Digital Banking Nirvana".American Banker review of new research on e-statement adoption notes role of Check and GMC Software Technology.Fast Company profiles EyeVerify.Charitable givers now able to use Square Cash to donate via Bright Funds.ACI Worldwide extends ATM-powering relationship with VocaLink to 2021.MasterCard now accepted for ATM cash withdrawals at Myanmar's Ayeyarwady Bank Ltd.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.

BancBox’s Invest Platform Has Processed $4 Million on Behalf of 18 Companies

By Julie Muhn (@julieschicktanz) Posted on November 22, 2013
Categories: BancBox

BancBox, a company that provides payment processing APIs, announced some metrics about BancBox Invest, its product that helps online crowdfunding portal companies manage payments. BancBox Invest, which launched three months ago, targets debt, equity, and revenue share models. Here are some stats it shared, three months into operation:18 companies are using the Invest API, including SeedInvest and Angel RoundUpIt has processed $4 million on the platformAverage investor funding totals $15,000Average escrow size totals $250,000According to TechCrunch, the parent platform BancBox:"manages $100 million in consumer deposits daily in nearly 200,000 individual accounts. Its transaction volume has increased 100 percent to nearly $2 billion annually."BancBox demonstrated at FinovateSpring 2012 where it showcased its payments platform.

Finovate Alumni News– November 22, 2013

By David Penn Posted on November 22, 2013
Categories: Boku, FIS, InComm, IND Group, LendUp, MasterCard, Taulia

Prepaid MasterCard cardholders now able to reload at Walmart stores courtesy of Green Dot network.LendUp iPhone app enables mobile borrowing.YouthTech column on ramification in banking features IND Group.Boku furthers its Global Reach with Acquisition of Qubecell Taulia named 2013 Red Herring Global 100 Winner.Vix Technology partners with InComm to Support First of Its Kind, Transit Fare Media.Banking Technology features Doug Brown, SVP, eBanking at FIS, on the topic of mobile banking.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.

Boku Furthers its Global Reach with Acquisition of Qubecell

By Julie Muhn (@julieschicktanz) Posted on November 21, 2013
Categories: Boku

Since its inception, global mobile payments company Boku has raised a total of $75 million from investors like Andreessen Horowitz and Khosla Ventures. Now the California-based company is putting some of that cash to use with its recently announced acquisition of Qubecell, an India-based mobile billing aggregator.In India's fragmented carrier billing market, Qubecell is the biggest player in the nation, and has partnerships with 4 of the countries' largest carrier networks, which have the potential to reach 75% of the mobile phone users in the nation.According to TechCrunch, the acquisition, which is Boku's first, will not only help it move into the India market, but will also give it access to Qubecell's engineering talent. It also opens the door to additional global markets such as Asia and the Middle East.The terms of the deal were not disclosed.Boku took the stage at FinovateEurope 2011 where it demonstrated its mobile payment service.

LendUp iPhone App Enables Mobile Borrowing

By David Penn Posted on November 21, 2013
Categories: LendUp

Fresh off its announcement of having raised $14 million in capital, alternative lender LendUp has launched its iPhone app.The app will enable borrowers on the go to get short-term loans of up to $250. Return customers can borrow as much as $1,000, with deposits available in as little as 15 minutes for borrowers at participating banks.LendUp earned Best of Show honors earlier this year at FinovateSpring in San Francisco. See its winning demo here.

Finovate Alumni News– November 21, 2013

By David Penn Posted on November 21, 2013
Categories: BancVue, Banno, Betterment, Holvi, IDology, Kasasa, Manilla, SimpleTuition, Tagit, Toopher, TransferWise

HPC Wire takes a look at the partnership between Toopher and Texas Advanced Computing Center.Regulators green light IDology plans for New Jersey expansion.Jackson Free Press uses data from Manilla to source column on student loan debt.Michigan-based ECCU introduces a responsive designed website powered by Banno.MyBankTracker reports: SimpleTuition's SmarterBank to Shut Down Due to Low Participation.International Business times considers how Holvi and TransferWise are revolutionizing banking.Tagit powering Maybank P2P m-payment Service in Singapore.BancVue's Kasasa wins Five 2013 MarCom Awards.Betterment CEO Joe Stein talks about the online RIA industry with RIA Biz.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.

Finovera Launches Out of Private Beta to Help Consumers Track and Pay Online Bills

By Julie Muhn (@julieschicktanz) Posted on November 20, 2013
Categories: Finovera

Finovera, the platform that serves as a single place where consumers can manage their online bills and accounts, is launching out of private beta this week.The free platform aggregates consumers' bill payments from more than 10,000 billers to provide a single place where they can access and pay their bills. Some of the features include:Track paymentsSet payment remindersView metrics from up to 12 months of historical dataIt also provides users with a view of trends and analytics from their accounts and will alert them when bills are higher than average.The service is similar to doxo and Manilla.Finovera debuted at FinovateSpring 2013. Check out the live demo here and sign up for your own account here.

Group Banking Gets an App, A Look at Yodlee’s Tandem

By Jim Bruene Posted on November 20, 2013
Categories: Personal Financial Management, Yodlee

In the six years PM (post Mint), dozens of startups have launched with the goal of simplifying group finances. For the most part, they've started with two use cases: 1. Sharing rent and utilities among roommates 2. Splitting the bar/dinner tab among friends Those are the significant financial problems faced by 24-year old founders living in the Bay Area or Brooklyn. But for the rest of the world, those are relatively small or non-existent issues. What we need are financial collaboration tools for adults. But I'm happy to report there is finally an app for that. And it's from a fintech company known for providing the PFM plumbing, not the fixtures, Yodlee. The company's Tandem app made its debut in September at FinovateFall earning a Best of Show award. Tandem repeated with another Best of Show at its international debut last week at FinovateAsia (upper right). Tandem uses a four-layer…