cbanc Network Acquires Webinar Company, Bankerstuff

Thumbnail image for cbancLogo.jpg

Collaborative information-sharing platform, cbanc Network, announced last week that it has acquired financial webinar and education company, Bankerstuff.

For cbanc Network, this is a great strategic move. According to a recent survey of the cbanc community:

“88% of respondents are “somewhat” or “highly” likely to buy webinars from cbanc, where those users already spend time collaborating with their peers to solve industry issues.”

Through this partnership, cbanc’s 9,300+ banking and credit union professionals will have access to purchase Bankerstuff’s online inventory of ongoing educational webinars. Bankerstuff’s 7,000 customers will benefit from the partnership by receiving an incentive to join cbanc’s collaborative community and the company now:

1) Has access to more resources and staff to deliver a broader scope of webinars, topics, and speakers. 

2) Has access to behind-the-scenes financial data from the cbanc community


Webinars will still be accessed through the Bankerstuff website for the foreseeable future. On the right is a glimpse of Bankerstuff’s updated logo.

To learn more about cbanc Network, come see it demo live at FinovateSpring in San Francisco May 8-9. Get your ticket here. Or watch its demo from FinovateFall 2011.

cbanc Network Launches Backstage Pass to Open its Platform to Vendors


This week cbanc Network, an online collaboration platform with over 8,000 individual users and almost 4,000 financial institutions, is launching Backstage Pass.

Credit Union Times reports:

“Backstage Pass comprises two components: Connect and Analyze. Connect gives service providers the tools to interact with cbanc’s FI membership when they are looking for help, the company said. Analyze organizes traded data so service providers can see which topics and issues are important to cbanc Network members, the company said.”

Backstage Pass gives vendors access to the information-sharing platform that exposes trends, product ratings, and content purchases.

To learn more about cbanc Network, watch its FinovateFall 2011 demo.

Finovate Alumni News– March 12, 2012

  • Thumbnail image for Thumbnail image for Thumbnail image for Finovate-F-Logo.jpgGov Info Security interviews Authentify CEO Peter Tapling about authentication.
  • Ping Identity partners with Winvale, a gov’t tech solutions provider.
  • Fox Business News looks at how to get more money from Kabbage.
  • unveils revamped user support.
  • TechCrunch reports PayPal to unveil small business payments platform.
  • Kabbage & Outright announce partnership.
  • cbanc Network launches Backstage Pass to open its platform to vendors.
  • How Kasasa helps community banks give megabanks a run for their money.
  • Plastyc partners with IDology to make authentication more consumer friendly.
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 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.

cbanc Network’s FI User Base Grew Seven-Fold In 2011


Online question and answer platform cbanc Network announced major growth figures earlier this week:

  • In 2011, it grew seven-fold from 500 to over 3,600 financial institutions 
  • Current count of individual users exceeds 7,710

The president of cbanc, Myers Dupuy, attributes much of this increase to Google searches. When Googling answers to certain pain points, many financial institutions were enticed by the user-generated answers found in cbanc’s platform.

This year the startup plans to add pro and premium levels to its membership options.

To learn more about cbanc Network, watch its FinovateFall 2011 demo.

Finovate Alumni News– January 13, 2012

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

  • AOL’s Daily Finance lists LearnVest and ReadyForZero as resources to take control of your finances.
  • Entrepreneur test drives MyCyberTwin’s customer service bot.
  • FiPath unveils its Express Rollover Center.
  • cbanc Network’s FI user base grew seven-fold in 2011.
  • FX Empire crowns @eToro with Best Social Trading Platform Award.
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.

cbanc Network Harnesses the Brainpower of Banks and Users


This afternoon, cbanc Network demonstrated its virtual marketplace that aggregates the knowledge of users and financial institutions:
“Bankers are by-and-large too busy, too risk-averse and too protective of their efforts to willingly, reliably give away their hard work online to seekers in a discussion forum. However, they will share their intellectual property when the risks are controlled and the right incentives are in place. 
We’ll demonstrate how this virtual marketplace:
1) motivates people from every job function to share their best work
2) uses points as its currency to incentivize users
3) helps financial institutions prepare for exams 
4) protects members around legal and competitive concerns of sharing”
Product Launched: January 2009
HQ Location: Austin, TX 
Company Founded: January 2009  
Metrics: 8 employees, 5,000 registered users, average page views per login: 52, average minutes on site per login: 12 minutes, average time saved per downloaded piece of content: 8 hours
Presenting Myers Dupuy (President)


FinovateFall 2011 Sneak Peek: Part 1

FInFallLogo.jpgMore than 60 leading fintech innovators, both startups and established companies, are gearing up to present at the biggest Finovate ever, Sep. 20/21 in NYC.

Each company provided a sneak peek of what they’ll be demoing on stage next month. Below is the first installment of these teasers. We’ll have more next week. 
Don’t miss your chance to see the live demo from each company and meet the execs responsible. Get your FinovateFall ticket here


Backbase is launching “Retail Bank of the Future,” representing the e-banking engagement experience of tomorrow. It embodies the newest User Experience (UX) patterns based on input gathered from customer research, industry thought leaders and UX specialists.
Innovation type: Mobile UI, online UI


Personal finance is a chore and not too high on any To-Do list. Life is busy and finance stresses people out. 
At Balance, we manage your personal financial chores for you. We combine professional service (your own bookkeeper!) with all of your financial accounts and bills in one place for a fully managed experience that is personalized for you.
At Finovate we will show how you can now connect your financial accounts to Balance and power our newest expense tracking, budgeting and custom reporting tools. Also, look for a demo of our photo bill pay app and some other surprises!
Innovation type: Banking, payments, PFM


Saving for a house? And retirement? And that dream vacation? No problem with! We’ve created the simplest, fastest, and most efficient way for consumers to invest for their goals and the future.
Innovation type: Banking, investing, PFM


Banks need to re-define the relationship they have with consumers if they want to succeed in today’s market. StatementRewards has introduced an effective way for financial institutions to inexpensively reward their consumers for banking with them, which in turn increases loyalty and customer satisfaction. 
At Finovate, BillShrink announces a new innovation that harnesses the intelligence of aggregated transactional data and applies it to customers’ social networking and purchase management activities. By utilizing advanced analytics to present the most personalized offers and other services to customers, StatementRewards gives financial institutions a unique, competitive edge.
Innovation type: Cards, PFM, rewards


Want to see the definitive search engine for tackling today’s banking issues? cbanc Network has created a revolutionary online collaborative platform for financial institutions to share best practices. This secure online community contains the largest repository of peer-authored, board-approved, exam-tested content anywhere. Here, banking professionals trade real, practical work — including policies, procedures, agreements, vendor reviews and more from every department of a bank or credit union. 
This network
  1. Motivates people to share their best work 
  2. Uses points as currency to incentivize users 
  3. Helps FIs prepare for exams
  4. Protects users around legal and competitive concerns of sharing
Innovation type: Back office, online UI, security


The technology of the CLX.SentinelDisplay, a Class 4 reader with a hardened browser, hardened middleware, an integrated smart card and a high-resolution display,  ensures extremely high, comprehensive security in e-banking applications. 
Along with the reader’s extremely secure customer authentication and transaction signing mechanisms, the advanced concepts for application authentication and pro-active security updates is unique. The hardened browser (CLX.SecureBrowser) onboard the reader ensures full confidentiality of customer data – a security aspect that is often entirely ignored.
Innovation type: Identity, payments, security


DeMystData’s new web-based modeling platform helps lenders grow thin file portfolios without increasing their risk level. With minimal inputs, our tool leverages the vast amounts of data accumulated online, applies advanced statistical techniques, and configures a bespoke predictive API that captures additional customer information without adding underwriting complexity.  
The DeMystData platform has application in variety of commercial environments incl
uding credit issuance, risk assessment, segment identification, and offer customization.
Innovation type: Identity, lending, marketing


Credit unions, banks, financial advisors, financial institutions: How are you delivering youth financial education to your client families? How are you connecting with your next generation client? How are you fulfilling Community Reinvestment Act (CRA) responsibilities for financial literacy programs that progress in complexity as students get older? 
You’ve tried online content and even interactive online games, but the results are disappointing. Neither can hold a child’s attention for long or keep them coming back over the years. We have a better way. It’s no game. It’s real experience. It works. We can’t wait to show you at FinovateFall 2011.
Innovation type: Online UI, PFM


Fuze Network provides innovative ways for financial companies and their customers to work together. Learn how we help billers to build brand loyalty, aid in collection efforts, reduce fees, boost your customer service efforts and help to eliminate misdirected funds.
With Fuze at your back we can help to boost your store traffic, drive sales, increase revenues and simplify the hassle of payment processing all while creating a better customer service experience.
Fuze helps connect customers with the closest payment locations, online bill payments, simple cash payment solutions, and easy utility bill payment all while saving them fees and the hassle and stress of paying bills.
Innovation type: Back office, cards, payments


Ready to have your financial mind blown away? Lighter Capital is combining light-hearted irreverence PLUS a light-weight and flexible funding structure PLUS a social-based investment decision analysis to make it easier, faster and more fun for small businesses to access capital than ever before! Get ready!
Innovation type: Investing, lending, small business

Micronotes (2).jpg

KulaX is a cross-sell engine that enables financial institutions to leverage their online banking platform to generate more leads faster without interfering with core banking functions. 
Online banking customers are targeted with the “next best product” where they are invited, at logout, to engage in an automated one-on-one microinterview with their financial institution about their financial products needs and preferences. Upon interview completion, customers are presented with special offers for the FI’s products and services that have been tailored based on interview responses; requested offers are emailed to customers.
Innovation type: Marketing, rewards


Modo converts redemptions to payments, and makes payments mobile.  Our demo will show how easy it is to onboard consumers and merchants, as well as the simplicity of paying with modo.  
And of course, most importantly, why you should GET modo and PAY with modo, in the first place: MORE!

Innovation type: Mobile, payments, rewards


When your brand is in the palm of your customer’s hand: make the most of mobile technology. Mootwin helps your business enhance the mobile customer experience, re-enforce loyalty, and accelerate revenue growth.

Innovation type: Communications, marketing, mobile


MShift and ACI Worldwide formed an alliance in 2010 to offer mobile delivery of ACI Enterprise Banker, the industry leading business banking solution.  
They are now partnering to create a ground-breaking mobile business banking native application for the tablet. The application is focused on robust and graphically rich presentations of financial data as well operational tasks like ACH, wire release and bill payment, all with access from anywhere at anytime.
Innovation type: Banking, mobile, payments


MyCyberTwin will demo its Artificial Intelligence solutions, called virtual agents
, and give a detailed explanation about how current leading financial institutions are using the technology today and will use the technology in the future.
It is a powerful demo to show an audience how a computer thinks and answers questions in real-time, helping customers get the answers they need while helping companies garner the intelligence of the customers visiting their websites. This demo will also showcase an emotionally responsive AI virtual agent able to capture emotion including smiling, frowning, and expressing gratitude.
Innovation type: Communications, marketing, sales


The oFlows paperless loan and deposit originations system has expanded beyond financial institutions.  Because oFlows has seamlessly integrated credit, fraud and payment systems, now anyone can use oFlows for just about any transaction.
Think of the last time you were handed a clipboard with a paper form on it. Next time it might be a tablet computer running oFlows.
Innovation type: Banking, lending, mobile

Planwise(mifii) (1).png

Consumers have plans, life plans, and want to understand how those plans affect their finances in the future, so they can make better decisions.
Planwise is launching tools that will help any consumer, from the teen buying a laptop, the 20-something buying a car, the couple buying their first home to the astute property investor, to better understand how their decisions today might look in the future financially.
The consumer can then connect with the lender or adviser of choice to quote, get advice or apply.
Innovation type: Lending, marketing, PFM


Putting money aside for a rainy day is easier said than done. Many Americans do not have any money saved for emergencies. 
Plastyc aims to change this by introducing automated savings built into prepaid card accounts. Setting aside a few dollars every day, week or month will be just a single click away. Money accumulated in the savings purse of the card account will reward savers with cash at unprecedented rates.
Innovation type: Banking, cards, online UI


ReadyForZero is an online program for the 77% of American families who are paying down debt. For individuals and families, ReadyForZero facilitates the management and reduction of debt. 
For financial institutions, the program is a low-touch and consumer-friendly alternative that reduces net credit loss and improves customer retention.
Innovation type: Online UI, payments, PFM


Rebirth Financial, noted by the Federal Reserve Bank of San Francisco as a company to “change the US finance system,” is shaking up the small business lending game again! 
In February, Rebirth launched the nation’s first peer-to-business lending platform. Shortly after, Rebirth uniquely integrated SBA and CRA lending into the P2B mix. 
Now, Rebirth is introducing the JAS Rating System! It’s a system that will redefine the way we analyze small business and a must-see for financial institutions lending to small businesses and companies wondering whether they should extend credit to a new client. It’s just another game changer from Rebirth Financial.
Innovation type: Back office, lending, small business


T8 Webware is bringing native mobile services to the masses by giving consumers real-time access to their financial purchase capabilities. Grip, a financial decision-making tool supports consumers’ daily needs, empowering them to understand their money flow simply and without clutter. 
Grip enables financial institutions to provide convenient information on the go; addressing consumers’ mobile needs through a highly secured mobile and tablet app. With no reliance on core integration, financial institutions can offer Grip almost immediately and without any upfront fees. It can be deployed in three weeks and costs 99 cents each month for customers who use the app.

Innovation type: Communications, mobile, PFM


The Transecq solution, powered by ENTERSECT ITA, has revolutionized two-factor authentications by utilizing the power of the end user’s mobile device, fully encrypting the device and creating a multi-factor authentication tool. 
Strong 2-Factor authentication delivered ubiquitously across the globe puts the power of approval in the appropriate hands.Thus providing protection and security way beyond passwords and account challenges.
Transecq is the industry leading innovator and developer of mobile security sol
utions for the financial services market.  All the services leverage the security of Digital Fingerprint technology which uniquely ties a user and his/her mobile phone to an encryption key.

Innovation type: Communications, identity, security


Weemba revolutionizes the way borrowers and lenders find each other and interact in a social-network-like online format. Borrowers create a profile and post a loan project under a nickname. 
Profiles may include everything from the Borrower’s income and education level (individuals) to their number of employees and annual sales (businesses). Lenders search projects by credit score, amount needed, purpose and more. 
When a Lender finds an interesting project, the Lender then may ask the Borrower for access to their real identity. If the Borrower grants access to the Lender, all further contact and any negotiations take place outside Weemba.
Innovation type: Lending, marketing


At FinovateFall 2011, Yodlee will demonstrate customization without effort. The company has developed a way for banks to automatically tailor a consumer’s initial experience with personal financial management.
Or, as the company likes to say:
    Online banking can be such a chore
    Checking balances is often a bore
    With new customization
    You’ll cause a sensation
    Yodlee FinApps offers MUCH more
    All new at Finovate
    Banking that will motivate
    Inspire and personalize
    You’ll see how to stylize
    Your customers will tell you you’re so GREAT