Finovate Alumni News– September 24, 2013

Capital Access Network listed among Information Week's top U.S. technology innovators in 2013. FIS announces analytics programs for customers. Google Wallet launches on the iPhone. Swipely now managing $1 bil in annual sales, 1 yr. after entering payments market & launched Swipely Partner Network. Cachet Financial Solutions announces Select Mobile Lending, a new mobile app. MasterCard and Entrepreneurial Finance Labs join forces to promote SMB growth in developing nations. TechCrunch reports PayPal, Stripe, & Braintree partner with Facebook to autofill billing info in mobile commerce apps. Xero opening office in Denver. ERN partners with FICO to embed FICO's marketing solutions within its real-time Big Data analytics platform Looop. Mountaineer Gas joins doxo to simplify bill delivery, payment, and record keeping for its 220,000 customers. Digital Insight announces new CEO, John O'Malley. This post will be updated throughout the day as news and developments emerge. You can…

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ACI Worldwide Extends E-Payments Reach with Official Payments Acquisition

The decision to buy Official Payments helps make ACI Worldwide an even bigger player in the field of EBPP (Electronic Bill Presentment and Payment), according to President and CEO Philip Heasley.

Heasley specifically cited Official Payment's loyal user base among federal, state, and local governments, as well as higher education institutions, utilities, and charities in the acquisition announcement. The deal prices Official Payments at $8.35 per share for a total enterprise value of $109 million.

Some additional metrics on Official Payments: More than 3,000 customers More than 100 million end users More than 20 million payments processed each year More than $9 billion in payment volume processed each year ACI Worldwide supports the banking and electronic payment needs of more than 2,600 financial institutions, retailers, and billers. Processing transactions for more than 250 of the world's largest retailers and 18 out of the 20 largest banks, ACI Worldwide facilitates $13…

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Finovate Alumni News– September 23, 2013

ACI Worldwide acquires Official Payments. MasterCard teams up with Basware to help companies migrate from paper-based payments. Tuition.io mentioned in Forbes. KlickEx takes home Top Startup prize at Swift's Innotribe Challenge. Crains NY Business looks at Float Money, Socure, and Capital Access Network. Western Independent Bankers selects Q2 as preferred vendor for virtual banking solutions. 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.

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KlickEx Takes Home Top Startup Prize at Swift’s Innotribe Challenge

At Swift's Innotribe last week, a group of startups pitched their latest fintech innovations to a group of banks, VCs, and tech gurus. The 14 companies, who were selected from a pool of 200 applicants, were given 6 minutes each to pitch the audience.

Realty Mogul, P2P Cash, and recently-acquired Good April were among the companies vying for the audience's attention and a $50,000 cash prize.

KlickEx, who will demo at FinovateAsia in November, was selected as the top startup winner. The New Zealand-based company won the top prize for its regulated clearing house for banks and retailers.

To see KlickEx demo live in Singapore, grab your ticket to FinovateAsia here.

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FinovateFall 2013: A Tale in Tweets

From outright praise to clever snark, Twitter let the many voices of Finovate bloom last week in New York for FinovateFall 2013.

And as you'll see below, our Live Twitter feed allows you to live vicariously through the wit of some of our more vocal and enthusiastic attendees. Read 'em for yourself. And if you'd like to actually see what every one is tweeting about, visit our FinovateFall 2013 demo video page here.

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Finovate Alumni News– September 20, 2013

Washington-based Connection CU now providing MoneyDesktop PFM services to members. TA Associates completes majority investment in Arxan Technologies. Terms not disclosed  DoughMain's new logo wins an American graphic design award. NPR's Marketplace takes a look at Manilla and the rise of automatic bill pay. Wall Street Journal column on innovation in banking features Finovate alumni mBank and Ignite Sales. PaySecure International from Acculynk helps solve authentication problems for merchants accepting non-US cards. 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.

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What to Expect at FinovateAsia this November

You may have seen the list of FinovateAsia demoing companies we released a few weeks ago. Here are more details on the 32 companies demoing November 14 at the MAX Atria @ Singapore Expo. Get your ticket here to be part of the crowd.

Stay tuned for our Sneak Peek series next month featuring a behind-the-scenes look at each company and chance meet the innovators.






Advanced Merchant Payments' innovative loan management solution enables banks to offer profitable, unsecured, short-term loans to small businesses


ArthaYantra provides personal financial advice online to everyone irrespective of what they earn


Backbase brings social media to the bank, and the bank to social media




BehavioSec has extended its award-winning BehavioMobile solutions to offer policy-based behaviour authentication










BellaDati is the agile business data analysis with human touch




BlueKite's international bill payment service improves an immigrants' ability to care for family back home



…

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The Videos Have Landed: FinovateFall 2013 Demos are Now Available

If you've been looking for a way to relive our biggest FinovateFall yet - or just to share fond fintech memories with a friend or colleague - then the moment you've been waiting for has arrived.

Click here to access videos of every one of the 69 companies that helped make FinovateFall 2013 such a success.

From Akimbo Financial to Zooz and everyone in between, you'll find the newcomers, the veterans, the Best of Show winners and more, live in action, in our demo video section. Curious about new Finovate alum and Best of Show winner Motif Investing's presentation? Wondering what Versafe did to catch F5 Networks' eye? Thinking it's about time you finally got around to hearing and seeing what all those tweets about Toopher's presentation were about? The FinovateFall 2013 demo video page is where you'll find all that and more. Click here to get started.

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Finovate Alumni News– September 19, 2013

Comdirect bank launches PFM Service powered by Meniga. SafetyPay adds the U.S. and Caribbean as regions where global merchants can accept cash payments for online purchases. Locaid launches Locaid Campaigns platform to provide location-driven marketing tools to SMEs. 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.

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Finovate Alumni News– September 18, 2013

Kalixa Group to provide payment services to Italian gaming services provider, Sisal. ACI Worldwide recognized as fastest growing biller direct electronic bill payment provider by Aite Group. Manilla tops 15 million bills and statements delivered. Netbanker reports: Simple Revamps Homepage http://bit.ly/16j6SsM 200 Financial institutions adopt Lodo Software's PFM. Jumio adds facial detection to Its web and mobile identify verification service, Netverify. MyBankTracker looks at MoneyDesktop's uncluttered visualization of financial goals. The Business Review blog highlights Dynamics' partnership with Key Bank.  TIO Networks forms partnership with Cowlitz Public Utility District. Gartner names Backbase a Visionary Portal Software Vendor for the third year running. Tradeshift Collaborative Workflow wins this year's AP Innovative Technology of the Year Award. Check partners with Irvine Ranch Water District to provide billpay and tracking for IRWD customers. This post will be updated throughout the day as news and developments emerge. You can also follow all…

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Simple Revamps Homepage

Sometime in the past few days, Simple swapped out its homepage for one befitting its name. A Google-esque white-on-white beauty that lets visitors do only two things (above the fold):

Request an invite by entering your email Watch a 2-min video showcasing its platform (with great use case of saving/spending on new dog)

The record-low eleven words of copy focus on the basics:

No monthly fees No min balance

Below the fold, prospective customers can gather more info as the homepage unfolds with more features an and benefits (see third screenshot).

Interestingly, if you've been to the site previously (as determined with cookies), you get a more stylized page promoting goal-based savings rather than the no-fee mantra (see second screenshot).

Bottom line: From a UI perspective, Simple is the Apple of banking, and its worth looking at how they pull off a very hip look online. This…

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FinovateFall 2013 Best of Show Winners

In case you don't follow our Finovate blog, I thought I should post the audience favorites from last week's seventh annual Finovate in New York City. After an intense two days with 69 demos, the audience voted for their favorites. The top eight were named Best of Show (in alphabetical order):

  Interactions voice-based virtual assistant technology


LearnVest iPad app and Workplace Solutions Center

mBank & Accenture Bank 3.0 online platform

Mitek Mobile Photo Account Opening solution

  MoneyDesktop GuideMe solution

Motif platform that lets you invest in ideas in one click

TipRanks cloud-based accountability engine for investors

  Yodlee TANDEM system to help groups manage and discuss shared finances

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Full-length video of every demo will be posted on Finovate.com in a few weeks.

A huge thank you to everyone who joined the audience and participated in our largest New…

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