Finovate Alumni News– August 20, 2012

  • Thumbnail image for Thumbnail image for Thumbnail image for Finovate-F-Logo.jpgSoMoLend launches small business competition.
  • The Next Web features Raphael Ouzan, BillGuard founder and CTO.
  • The Washington Post looks at HelloWallet’s move to D.C.
  • TBA Services Company renews endorsement of Q2ebanking’s services.
  • Credit Union Journal reports Franklin Mint FCU Adds Geezeo.
  • Braintree acquires Venmo for $26 mil, ranked 415 on Inc 500 list.
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– August 1, 2012

  • Thumbnail image for Thumbnail image for Thumbnail image for Finovate-F-Logo.jpgInc. Mag features ReadyForZero & Tuition.io as tackling the student debt crisis. Check out Tuition.io at FinovateFall.
  •  Orlando Sentinel reports Kony Solutions is on cutting edge of app development.
  • The Chicago Tribune reports Braintree to add 150 jobs.
  • Check out Q2 funding for Finovate alumni: over $120 mil raised.
  • ReadyForZero begins Smart Money Debate series.
  • Netbanker reports: Bank Simple Innovations #1 & #2: Demo Mode After Login.
  • MiiCard names RBS tech veteran Stephen Brannan chairman.
  • BostInno features LearnVest. Come see LearnVest’s new fintech at FinovateFall in NYC next month.
  • Beloit Daily News looks at how 2 local businesses are using ShopKeep POS.
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.

Forbes Publishes Facts and Stats about Payment Gateway, Braintree

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Earlier this week, Forbes featured an article on payment gateway, Braintree. Throughout the two-page piece, the author reveals some interesting facts about the Chicago-based company.

Here are some highlights:

    • Customers include OpenTable, Fab.com, Airbnb, Uber, Angry Birds, and Living Social
    • The name Braintree comes from a town in Massachusetts that was home to Presidents John Adams and John Quincy Adams
    • By the end of 2012, Braintree will employ at least 100 people
    • Braintree’s mobile client libraries are now at nearly $1 billion in mobile volume 
    • Braintree’s clients are in 30 countries in Europe, Latin America, and Asia (its staying out of China and Japan because of regulatory issues)

CEO Bill Ready strives to make Braintree the iOS of payments. Forbes reports:

“He wants Braintree’s technology to be like Apple’s (AAPL) operating system — a way to make all the complexity of the payments infrastructure easier for developers to access without requiring them to know all of its nuts and bolts.”

To learn more about Braintree, watch its FinovateSpring 2011 demo.

Finovate Alumni News– July 26, 2012

  • Thumbnail image for Thumbnail image for Thumbnail image for Finovate-F-Logo.jpgTaulia provides Dynamic Discounting platform to Northgate Information Solutions.
  • OANDA’s trading app integrates StockTwits social commentary on currency & forex markets.
  • TMC reports Locaid aids enterprises with secure location needs.
  • Forbes publishes facts and stats about payment gateway, Braintree.
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– July 16, 2012

  • Thumbnail image for Thumbnail image for Thumbnail image for Finovate-F-Logo.jpgZions Direct reviews Wall Street Survivor.
  • Braintree partners With Spreedly to provide payment gateway services.
  • Braintree hires Juan Benitez as CTO & SVP of Product and John Sturino as VP of Product.
  • Tech News Daily features Dashlane. Come see its live demo at FinovateFall Sept. 12 and 13.
  • ROXO adds Virtual Piggy as payment solution.
  • Intuit listed in top 10 in India’s Best Companies to Work for 2012.
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– July 11, 2012

  • Thumbnail image for Thumbnail image for Thumbnail image for Finovate-F-Logo.jpgKabbage to provide Monsoon Commerce customers $20 million in capital.
  • T8 Webware changes name to Banno.
  • Paul Farmer joins Silver Tail Systems as CFO.
  • BofA to provide Acculynk’s PaySecure to enable PIN debit payments online.
  • peerTransfer now supports Indian Rupee and 36 new partner schools.
  • Angry Birds creator selects Braintree’s payments platform.
  • Continuity Control reels in $2.25 million in funding.
  • CashStar receives $5 million in funding.
  • Farm Credit Services of Mid-America selects ProfitStars for ALM reporting.
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– June 7, 2012

  • Thumbnail image for Thumbnail image for Thumbnail image for Finovate-F-Logo.jpgCheck out VC funding trends in financial services startups.
  • Cartera Commerce raises $12.2 Million in growth equity.
  • Braintree expands payments gateway to merchants in 30 countries.
  • Lending Club receives $15 mil from Kleiner, Mary Meeker joins board.
  • ThreatMetrix positioned as a “Visionary” in the Magic Quadrant for Web Fraud Detection.
  • Clairmail awarded 2012 Best Mobile Application or Service.
  • mFoundry launches mobile banking solution for Eli Lilly Federal Credit Union.
  • City National Bank partners with Cachet Financial Solutions and Panini to deliver RDC to Mac users.
  • Bill.com receivables wins ninth annual Tax and Accounting Technology Innovation Awards.
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.

Braintree Expands Payments Gateway to Merchants in 30 Countries

BraintreeLogo.jpg

Payment gateway, Braintree, announced yesterday that its platform will soon be available internationally. Merchants in 30 countries (see below) will have access to Braintree’s:

    • Merchant account
    • Payment gateway
    • Recurring billing
    • Vault credit card storage

Thumbnail image for BraintreeIntlFin2.jpg

The private beta will begin in the next few months, and the expansion will launch publicly in the 3rd quarter of 2012.

Braintree also shared its plans to support local, non-credit payment methods and additional countries next year.

To learn more about Braintree, watch its FinovateSpring 2011 demo.

Finovate Alumni News– April 17, 2012

  • Thumbnail image for Thumbnail image for Thumbnail image for Finovate-F-Logo.jpgQ2ebanking partners with cybercrime prevention company, Trusteer.
  • Kasasa’s Tunes program pulls in Gen-Y checking customers.
  • DR Power Equipment, partners with Bazaarvoice to manage consumer ratings and reviews. Come see Bazaarvoice at FinovateSpring.
  • Check Point Software announces Check Point ThreatCloud, a collaborative network to fight cybercrime.
  • Plastyc announces you can now add minutes to friends’ & family members’ phones abroad in 85 countries.
  • Holtmeyer & Monson partners with ProfitStars.
  • Bank Technology News reports Fiserv names Ally financial executive as CIO.
  • ABC 7 San Fran covers BillGuard. Come see its live demo at Finovate Spring in San Fran May 8 & 9.
  • GigaOM looks at how Braintree powers payments for hot startups.
  • OpenCuro’s payment module now available for Zen Cart.
  • Balance Financial launches Portfolio Reporting, adds 2 board members.
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.

Braintree’s Payment Gateway Available for Magneto Users

BraintreeLogo.jpg

Payments solutions company, Braintree, recently launched a plugin that allows its payment gateway to be used by the 110,000 users of Magneto eCommerce Solutions.

Since customer credit card information is stored in the Braintree Vault, Magneto users benefit from a reduced PCI compliance burden and helps merchants drive sales. Bill Ready, Braintree CEO states:

“By keeping all credit card data secure in our Vault, we make PCI compliance much simpler and easier for merchants to achieve. The Braintree Vault also allows merchants to implement a card-on-file feature which helps merchants increase their conversion rate at checkout.”

Braintree processes over $4 billion in credit card transactions annually.

To learn more about Braintree watch its FinovateSpring 2011 demo.

Finovate Alumni News– April 2, 2012

  • Thumbnail image for Thumbnail image for Thumbnail image for Finovate-F-Logo.jpgFiserv wins Celent’s XCelent Award for enterprise-wide compliance solutions.
  • USA Today Money columnist recommends TradeKing & Zecco as platforms for investing in stock.
  • Productive Web Apps features CoverHound.
  • The Seattle Times discusses the benefits of BillGuard.
  • Braintree’s payment gateway available for Magneto users.
  • Prosper adds 13 new loan categories for borrowers.
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– February 10, 2012

Thumbnail image for Thumbnail image for Thumbnail image for Finovate-F-Logo.jpg

  • Kashoo partners with PaymentEvolution to solve accounting and payroll issues.
  • Identity Theft 911 selected by Heartland Bank to Provide ID theft protection to customers.
  • cbanc Network opens online repository of financial content to vendors.
  • Expensify launches on Android platform.
  • Mortgage Finance Gazette reports Zopa members lend £8.2 million in January, its biggest month ever.
  • TechCrunch reports DailyWorth partners with Mint.com to help women with financial advice.
  • Braintree names David Corken COO.
  • CoVantage CU selects Tyfone for mobile wallet.
  • ReadyForZero chosen “Best in Category” in the inaugural Interaction Awards.
  • Actiance partners with security integrator AltaTek.
  • Figlo shows its platform on Samsung SUR40 at ISE 2012.
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.