Finovate Alumni News


  • “Platform-as-a-Service Specialist Apprenda Raises $24 Million”
  • “Azimo Launches New Service in 10 Countries in Africa, Asia-Pacific”

Around the web

  • Irish Tech News interviews Neil Costigan, BehavioSec CEO.
  • InComm partners with Gemalto to offer a secure, prepaid mobile NFC-payment option.
  • Zooz partners with Cardinal Commerce to offer Cardinal Consumer Authentication (CCA) to the Zooz merchant base.
  • CNBC highlights how Northwestern Mutual’s LearnVest attracts millennials.
  • Denver Community Credit Union to install Insuritas’ insurance-agency solution for its 25,000+ members.
  • Daily Life Tips highlights Ayondo as the best online trading platform for beginners.
  • “Tradeshift Partners with EcoVadis to Bring Reliable Supplier Sustainability Ratings to Global Platform”
  • “Cachet Financial Solutions and Access Development Partner to Enhance Mobile Commerce for Financial Institutions Across America”
  • Trulioo appoints former Experian GM as president.
  • FutureAdvisor launches its online investment library.
  • eMerchantPay teams up with iSignthis to offer AML and KYC compliance to its merchants.
  • interviews David Disque, managing director of CSI globalVCard.

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.

Alumni News– December 5, 2014

  • Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Finovate-F-Logo.jpgGreater Fort Wayne Business Weekly takes a look at Allied Payment Network and PicturePay.
  • Capital Resorts announces collaboration with Access Development.
  • Bank of Georgia buys Georgian arm of Ukranian-based PrivatBank for $51 million USD.
  • Live Mint features BankBazaar in a column on financial product aggregators.
  • Huffington Post interviews Lisa Pearson, CMO of Bazaarvoice.
  • Dwolla releases new apps for Android, iOS, and Windows.
  • Finovate Debuts: SAS Games Helps Kids Save for College by Playing Games.
  • ThreatMetrix Protected 10 of the Top 20 Online Retailers Against Fraud During Cyber Week.
  • Segmint partners with fan and consumer engagement software company, Phizzle, to deliver 1-to-1 engagements.
  • Credit Karma transitions to the VantageScore 3.0 Score provided by TransUnion.
  • Muthoot Finance picks FIS for ATM managed services, video surveillance, and network connectivity and switching.
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.

Finovate Alumni News– January 24, 2013

  • Thumbnail image for Thumbnail image for Thumbnail image for Finovate-F-Logo.jpgThe WSJ looks at angel investing via SecondMarket.
  • BOKU announces mobile payments partnership with U.S. Cellular.
  • In 4Q 2012, peerTransfer partnered with 51 schools. Over 25% of international students in the U.S. can pay their education expenses using peerTransfer.
  • TSYS announces partnership with Priority Payment Systems.
  • Jim Offerdahl appointed as new Bazaarvoice CFO.
  • Credit Agricole is the first bank in Portugal to provide contactless cards.  See their demo at FinovateEurope in February!
  • Keynote offers free mobile testing via DeviceAnywhere.
  • American Banker reports: Iowa Bank Creates Digital Identities from Fingerprints & Photos using TASCET’s Financial ICONN software.
  • VentureBeat reports BBVA pools $100 million fund to invest in fintech startups. Come see BBVA’s live demo at FinovateEurope.
  • announces “best balance transfer card” as part of Best Credit Cards in America series.
  • TrueOffice announces $3 million raised in Series A financing.  Catch their demo at FinovateEurope in February.
  • Access Development launches “Savings Across America” customer incentive product.
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.

Finovate Alumni News– November 19, 2012

  • Thumbnail image for Thumbnail image for Thumbnail image for Finovate-F-Logo.jpgShares Magazine recognizes eToro for Best Use of Social Media.
  • Business Insider tours LearnVest’s New York office.
  • American Banker reports: Artisans’ Bank Chooses Andera’s Account Opening System.
  • American Banker looks at how Banno’s (formerly T8 Webware) Help Me Decide feature gives consumers an advantage when selecting which card to use.
  • Bazaarvoice completes $6.7 million financing related to acquisition.
  • Zions Bank and Access Development introduce mobile payments app.
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.

Access Development Launches PowerDeals


Afterwards, Access Development unveiled PowerDeals, a loyalty rewards program, for the first time:

“Access is proud to debut PowerDeals, a micro-redemption rewards engine that increases engagement and loyalty while lowering the cost per point for financial institutions. Studies show that the more frequently consumers transact with rewards programs, the more loyal they become. However, the costs associated with driving this behavior have led many FIs to implement lower earn rates, higher redemption hurdles, and expiration strategies. 

PowerDeals allows consumers to redeem their loyalty currency for deals at thousands of in-store and online merchants for a fraction of the face value. By presenting highly attractive, relevant offers with low redemption hurdles, PowerDeals produces more transactions – thereby boosting the program’s impact on loyalty – while the low cost per offer to administrators can help to dramatically reduce program costs and accrual liability.”

Product Launched: May 9, 2012
HQ Location: Salt Lake City, UT
Company Founded: 1984
Metrics: Access has nearly 300,000 merchant partners, including 115,000 on the Access Mobile Network, over 300 clients who collectively represent more than 15 million members, 150 employees and zero debt. Access is self-funded.
Introducing Kelly Passey (EVP Business and Product Development) and Bryce Benson (Operations Manager, Product & Bus Dev)


FinovateSpring 2012 Sneak Peek: Part 3

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As promised, this is part 3 of the sneak peek of the companies that will demo at FinovateSpring May 8 and 9 in San Francisco. Each company provided a short summary of the innovation they will debut on stage. In case you missed them, check out Sneak Peek Part 1 and Sneak Peek Part 2.

Don’t miss the opportunity to experience the hottest innovations in financial technology. Get your FinovateSpring ticket here.



It’s understood that the more customers interact with a rewards program, the more engaged and loyal they become. Redeeming points and receiving value makes them happy. Yet the hard costs and management of those rewards has become prohibitive for financial institutions. 
Access Development will debut PowerDeals, a micro-redemption engine that offers customers valuable rewards for a minimal number of points, resulting in more transactions. PowerDeals will help increase customer loyalty while significantly decreasing program costs and accrual liability for the financial institution.
Innovation type: Communications, marketing, rewards


Applause Learning is changing the way children learn about money. Their unique new product, The Coindexter Club, presents financial literacy in an innovative, game-based format that keeps children entertained as they learn the core principles of financial management. The Coindexter Club immerses children in the exciting virtual world of Econopolis (found at where they are taught to earn, save, spend, and invest money.
Innovation type: Marketing

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BancBox is an infrastructure platform that helps companies build payment services into their web and mobile applications. Based on a simple API-driven approach that allows customers to maintain control of their user experience, BancBox delivers a secure, compliant and integrated way for clients to collect, store and send money from within their applications. 
BancBox also offers a unique service that assists clients in addressing the regulatory complexities of moving money in compliance with state money transmitter laws. As a trusted expert with years of payment operations experience, BancBox has opened over one hundred thousand consumer accounts and processed billions of dollars in payments.
Innovation type: Banking, cards, payments, security


If you’ve invested in a better airplane; why haven’t you invested in the pilot? Introducing CreditLab— the flight simulator for the retail lending world. 
Focused on credit risk management skills, this dynamic training system requires players to manage their lending portfolios through stormy conditions, such as heavy price competition and an economic recession. Pitted against competitive teams, players must make tough choices, learning to anticipate portfolio management adjustments so that they can stay the course.
Innovation type: Back office, cards, lending

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Blaze Mobile develops innovative mobile commerce, healthcare, banking and advertising solutions that enable secure, convenient, cost-effective transactions and promotions from the mobile device. Utilizing its patented NFC and mobile technology, the Blaze Mobile product suite includes:
    • Mobile Wallet
    • NFC-enabling Payment Stickers
    • Blaze Mobile Advertising Platform that delivers personalized ads and coupons based on customer shopping history, location, interests, gender, and other data
Innovation type: Mobile and tablet, payments, rewards

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More than 15 million people in 100 countries trust Concur to manage their travel and expenses, and save them time. In 2011, Concur acquired TripIt, the leading mobile trip organizer that makes it easy for millions of people to organize and share their travel plans. Together, Concur and TripIt make it possible for companies to use trip data to simplify expense reports and save time. Come find out what that means for you.

Innovation type: Back office, mobile and tablet, online, small business

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moneto is a prepaid mobile wallet powered by MasterCard PayPass technology and created by DeviceFidelity. Using DeviceFidelity’s globally renowned In2Pay microSD solution, moneto’s unique portability and consumer centric approach means greater adoption and rapid penetration.
moneto makes money management easy from start to finish. It’s the simple, secure and elegant way to give users the most from their cash using just their mobile phone. Compatible with both iPhone and Android and accepted at hundreds of thousands of retailers nationwide, moneto is the ultimate virtual wallet.
Innovation type: Banking, cards, mobile, payments, PFM, rewards


According to a recent report from the National Federation of Independent Businesses (NFIB), cash flow was identified as the highest-priority finance issue affecting small-business owners. Experian’s Business Information Services will demonstrate a new solution that helps small businesses solve this issue by enabling owners and principals to quickly and easily make better decisions across the entire Customer Life Cycle. It is these important decisions that help businesses meet their obligations and often can mean the difference between success or failure.
Innovation type: Small business


inStream Solutions grew out of a desire to help financial advisors provide better service to their clients. This is the first proactive financial planning software for financial advisors that integrates financial advice and coordinates financial services with a lead generation model. 
inStream Solutions also leverages the knowledge generated by advisors into a best practices resource, provides real-time insight into how advisors use financial products to solve the issues of their affluent clients, and helps advisors understand what is going on within their practice.
Innovation type: Investing, PFM

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Powering Innovation for Commerce — The IP Commerce Platform and Commerce Playlists enable developers to create innovative applications and workflows that incorporate all channels of commerce.
IP Commerce offers the fastest, easiest way to enable commerce services for complex multi-channel applications. With IP Commerce, you can create rich interactions between all parties of a commerce ecosystem (Retailers, ISVs, Acquirers, Processors, Social Networks, Value-Added-Service Providers, etc.).
The world of commerce technology is growing as never before and IP Commerce is at the vanguard.
Innovation type: Payments


TIO Networks is a cloud based multi-channel bill payment processor serving the largest telecom, wireless, cable and utility bill issuers in North America. TIO enables these companies to provide bill payment services to the population of over 60 million underbanked consumers.  With more than 55,000 physical location endpoints to its bill payment processing network, TIO symbolizes fast, convenient and secure access to expedited payment services.
Innovation type: Back office, mobile, payments


Increase consumer engagement and drive loyalty with our WattzOn Personal Energy Management Platform. WattzOn provides your consumers with easy-to-use tools that help people use less energy, save money and be green. Personalized recommendations can be enhanced with complementary financial products such as credit cards, savings accounts, home and car loans.
Features include:
    • Apples-to-apples comparisons of home energy use to similar homes
    • Personalized energy saving recommendations
    • Fuel-efficient car savings calculator
    • Automated monitoring with secure connections to 100+ energy utilities
    • Instant home solar savings calculator
Innovation type: Marketing, online, PFM