Finovate Alumni News– January 25, 2012

  • Thumbnail image for Thumbnail image for Thumbnail image for Finovate-F-Logo.jpgKony selected as mobile application platform for Intermountain Healthcare and SelectHealth.
  • PC Mag selects MyCyberTwin as 1 of 25 best small business apps for 2012.
  • Simple CEO, Josh Reich, talks to Business Insider about all the ways Simple has improved on traditional banks.
  • Brian Garrett, a 40-year banking veteran joins BillFloat as senior advisor.
  • Cardlytics chosen to power BankAmeriDeals from Bank of America.
  • Kapitall enables users to trade stocks through its platform.
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.

Doxo Looks Back at 2011 Achievements

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Seattle-based doxo published an infographic yesterday detailing its successes in 2011. 

Doxo users:

    • The highest number of documents uploaded by a single user was 1,206
    • The most provider accounts listed by a single user was 62
    • The most payments to providers by a single user was $9,100

Doxo providers:

    • Users listed 13,848 different providers in 2011
    • New York, NY had 1,120 different providers, the highest in the nation

Awards won in 2011:

      • OnDemand Top 100
      • Red Herring Top 100 Global
      • Stevie American Business New Product of the Year Award
      • Top 10 Rethinking Ideas of 2011

Most active doxo providers: 

      • Puget Sound Energy
      • AT&T
      • KCP&L
      • Sound Community Bank
      • Froula Alarm System
      • Oregon Employees CU
      • Sprint

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

Finovate Alumni News– January 19, 2012

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  • WorkLight launches special program for enterprise mobile and ISV developers.
  • TRUSTe certifies miiCard’s website to display the TRUSTe Web Privacy Seal.
  • Clifford Change law firm deploys Check Point software for a network security solution.
  • Bill.com helps banks offer business customers a more powerful payment, invoicing, and cash management platform.
  • SC Magazine considers ValidSoft’s view of voice biometrics. Come see ValidSoft at FinovateEurope Feb. 7.
  • Huffington Post recommends Mint.com, HelloWallet, Credit Karma, TradeKing, ReadyForZero, & Betterment for college students.
  • Q2ebanking selects Matt Flake as new CEO.
  • Doxo looks back at 2011 achievements.
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 17, 2012

  • Thumbnail image for Thumbnail image for Thumbnail image for Finovate-F-Logo.jpgAGBeat highlights doxo’s free cloud storage and bill pay.
  • Blogger Crystal Beasley analyzes the password selection process in Simple’s interface.
  • The Arizona Republic recommends using CreditKarma to compare credit cards.
  • PandoDaily reports, “Wealthfront: The Antidote to the Wealth Management Zombies”
  • FiPath For Advisors (formerly eRollover) partners with social media monitor, Arkovi.
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.

Doxo Wins Red Herring Global 100

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Seattle-based doxo announced yesterday that it has been selected as a winner for the Red Herring Global 100, a list that identifies the top private tech companies in Europe, North America, and Asia:

“Selected from a field of leading global companies, doxo was recognized due to the success of its transformative technology that changes the way businesses and consumers connect and go paperfree”

To see the full list of winners, visit here.

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

Finovate Alumni News– December 6, 2011

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  • P2P Lending News reports Prosper & Lending Club issued $37.4 mil in loans in November.
  • Trade Streaming interviews Rob Foregger, co-founder of Personal Capital, on the future of online investing.
  • mFoundry receives $18 mil in growth capital from MasterCard, Intel, FIS, and Motorola Mobility.
  • Bank Systems & Technology looks at how USAA uses Yodlee to aggregate accounts and power its PFM.
  • SavvyMoney (Formerly DebtGoal) launches new site, adds Jean Chatzky to team.
  • Steve Shivers, doxo CEO, speaks up about the potential cuts to the US Postal Service.
  • Credit Unions see positive results from Mortgagebot PowerSite technology.
  • Q2ebanking ranks on The Austin American-Statesman’s List of Top Workplaces.
  • Zecco unveils its new Trading Center.
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.

doxo Adds AT&T as a Biller and Launches New Feature

Thumbnail image for doxologo9.11.jpgMy collegue at Netbanker recently covered doxo’s recent addition of auto pay with limits:

“Digital ebill storage and payment startup doxo announced an important new feature to its service today, the ability to automatically pay ebills that fall within preset maximum values. For example, as long as my family’s wireless bill is under $250, doxo will automatically pay it and send me a confirmation message. If it’s more, I get an alert advising me to take a look at my bill before it’s paid.”

It also announced the addition of AT&T, a biller with almost 100 million billing accounts.

To learn more about doxo, watch its FinovateSpring 2011 demo

Finovate Alumni News– November 3, 2011

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  • Reuters highlights how ReadyForZero benefits those in debt.
  • Braintree continues rapid growth — now processing $10 million daily.
  • doxo adds AT&T as a biller and launches new feature.

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.

Payments Innovation: doxo Adds "Autopay with Limits" to Ebilling

image Digital ebill storage and payment startup doxo announced an important new feature to its service today, the ability to automatically pay ebills that fall within preset maximum values. For example, as long as my family’s wireless bill is under $250, doxo will automatically pay it and send me a confirmation message. If it’s more, I get an alert advising me to take a look at my bill before it’s paid.

That feature would have saved me more than $1,000 two years ago when I gave an old mobile phone to a new employee without thinking to upgrade the calling plan. I ended up paying $400 to $500 monthly bills for several cycles before I noticed it on my credit card statement. I was using estatements (which I never look at) and had no idea the charges had mushroomed from the $40/mo I’d been paying. 

image Doxo also announced the addition of AT&T to the service, perhaps the biggest biller in the country, with nearly 100 million accounts. That should provide momentum that hopefully leads to more major billers supporting the platform. The only other national biller currently participating is Sprint.

Bottom line: Payment limits should help convince more consumers to enjoy the convenience of autopay, while still maintaining the control/peace of mind they are accustomed to when paying manually.

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Notes:
1. Doxo added payments in February this year (see post) and demo’d at FinovateSpring 2011 (watch video here).
2. Hearst-backed Manilla is another ebilling & filing contender, with an interesting partnership with Citibank that could jump-start its service.    
3. See our recent Online Banking Reports: Paperless Billing and Banking and Email Banking: Revitalizing the Channel, for more info.

Finovate Alumni Website Traffic in September

Each month we survey the Web-traffic performance of Finovate alums using data from Web-analytics company Compete.
Out of 268 alumni, 80 had more than 10,000 unique U.S. visitors in September 2011 and are included in the tables below. Of those, 33 (41%) had more visitors in September than August. Year-over-year, 42 (52%) had traffic increases.
Private Companies
  • Seeking Alpha and Cortera had the highest traffic in September with 2.1 and 2.0 million unique visitors, respectively. Cortera also had the highest increase in number of unique year-over-year visits with over 1.5 more visits in 2011 than in 2010.
  • Kabbage had the highest percentage growth year-over-year, up 280x.
  • Weemba saw the highest monthly growth percentage with more than 7.5 times the number of unique visitors in September compared to August.
  • SmartCredit.com had the highest increase in number of unique year-over-year visitors, growing by 126,000.
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Source: Compete.com retrieved the week of October 26, 2011
 
1) The previous month recorded was August 2011
2) Sears Credit Score is powered by CreditKarma.com
3) Truaxis was formerly BillShrink
4) Kasasa is powered by BancVue
Public companies
 
  • CheckFree had the highest percentage growth year-over-year, with over 7 times the number of visitors this year than last year.
  • Intuit had a notable increase in number of unique, year-over-year visitors, increasing by 300,000 visits.
  • Check Point had the highest month-over-month percent growth, with 41% more visitors in September than in August.
PublicWebTrafficSeptember2.jpgSource: Compete.com retrieved the week of October 26, 2011

1) The previous month recorded was July 2011.
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Notes:
1. We reviewed 268 Finovate alumni. Only those with at least 10,000 unique visitors in July are listed.
3. NM = not measurable
4. t= tie
5. Compete estimates online visitors based on the activity of a panel of more than 2 million U.S. Internet users. It is only an estimate of traffic and may undercount at-work usage.