Alumni News– December 10, 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.jpgNCR to sell new mobile imaging solutions from Mitek.
  • Backbase teams up with Accenture to help FIs improve customer engagement through digital channels.
  • Dwolla announces role as payment partner for Microsoft for Government initiative.
  • Australia-based ME Bank deploys core banking system, business intelligence, and anti-money laundering solutions from Temenos.
  • MasterCard launches MasterPass in France and Russia.
  • Finovate Debuts: eMoney Advisor Provides Financial Advisors with a Suite of New Planning Tools.
  • Independent Financial Advisor takes a look at Motif Investing and Wealthfront.
  • Xero reaches 400,000 paying customers.
  • Entersekt responds to FIDO Alliance’s U2F specifications with its FIDO U2F-enabled authentication solution, Transakt.
  • Fintech for the Rest of Us blog mentions PayStand over PayPal and Stripe for bitcoin payments.
  • PayItSimple integrates with 30 more payment gateways in collaboration with Spreedly now integrated with approximately 70% of all gateways in the US.
  • Payfone and Early Warning partner on mobile authentication. 
  • Marlborough Savings Bank now offers Kasasa to enhance checking account offering.
  • Spend Matters reports: Receivables Exchange the largest of the Online Invoice Auction Exchanges.
  • Arxan announces enhanced mobile runtime app self protection (RASP) capabilities.
  • Lendio named One of Utah’s Best Companies to Work For in 2014.
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.

Alumni News– October 30, 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 Finovate-F-Logo.jpgTemenos announces availability of its new mobile banking app.
  • Mitek reports more than 3,000 FIs have signed up for its mobile deposit solution.
  • BBVA Compass partners with Dwolla to bring real-time payments to bank customers.
  • Personal Capital announces $50 million series D round.
  • xconomy profiles anti-fraud innovator, Trustev.
  • Fiserv launches Popmoney for Disbursements.
  • Insuritas to open and manage turnkey insurance agency for Heritage Community Credit Union.
  • Knox Payments recognized in emerging startup category at Venture Forum RVA event.
  • Cardnotpresent.com features how SimplyTapp uses host card emulation (HCE).
  • Lendio partners with The UPS store to help SMBs.
  • Cardlytics pulls in $70 million in Series F round, prepares for IPO.
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.

Dwolla Raises $9.7 Million in Round Led by CME Group

Dwolla Raises $9.7 Million in Round Led by CME Group

Thumbnail image for DwollaLogo.jpg

With a new investment of $9.7 million, Dwolla’s total capital now stands at $32.5 million.

This latest investment in the real-time digital payment network was led by CME Group. The round included participation from a handful of existing investors, as well, specifically, Andreessen Horowitz, Union Square Ventures, and Village Ventures.

DwollaHome
Writing for the Dwolla blog, CEO and Founder Ben Milne talked about how the investment will have an “immediate impact,” pointing to CME Group’s experience as “the world’s leading and most diverse derivatives marketplace. This has led to some interesting speculation on next steps and potential future deployments of Dwolla’s technology.
Recently in the news announcing the official launch of MassPay, Dwolla also was featured in an American Banker column on payment technology and wearables like Google Glass. In June, Dwolla released its Direct service to allow users to send money without requiring fully registered Dwolla accounts. The month before, the company launched Next Day Transfers, its new small business service offering that provides faster deposits (three times faster than ACH), and next-day bank withdrawals.
Founded in 2008 and headquartered in Des Moines, Iowa, Dwolla demoed its FiSync solution at FinovateSpring 2012 in San Francisco.

Alumni News– October 8, 2014

  • Finovate-F-Logo.jpgXpenditure brings in $1.25 million in funding.
  • Pymnts interviews Mike Laven, CEO of Currency Cloud.
  • WePay launches WePay Clear to powers payments invisibly from the backend.
  • TSYS upgrades CentreSuite, its online self-service solution for commercial cardholders.
  • LSC deploys Cachet Financial Solutions’ Select Mobile Money Platform for LSC’s CU Money prepaid card users.
  • Investment News features Personal Capital.
  • Actiance integrates with PeopleLinx to facilitate social media adoption.
  • Hospitality Marketing Concepts selects Arroweye Solutions to deliver personalized rewards cards and welcome kits.
  • Top Image Systems announces relocation of TIS America’s headquarters to Plano, Texas.
  • In a funding round led by CME Group, Dwolla raised $9.7 million in new capital.
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– September 10, 2014

  • Finovate-F-Logo.jpgAmerican Banker: TSYS and Visa have announced their tokenization technology will support Apple Pay http://bit.ly/WIBIwx
  • Credit Sesame and Prosper partner.
  • Cachet Financial receives order from top tier credit union in the U.S. for mobile money management platform, Select Mobile Money.
  • AcceptEmail selects Worldpay to power its international e-billing solutions.
  • Trustly releases open source alternative messaging technology for FIs, BankAPI.
  • Loop co-founder and CTO George Wallner weighs in on Apple Pay in Time.com Money column.
  • Visa teams up with the National Football League to promote Visa Checkout. See Visa at FinDEVr this fall.
  • Braintree to support Apple Pay. Come see Braintree at FinDEVr this September 30 through October 1 in San Francisco.
  • Business Insider profiles Christian Lanng, Co-Founder and CEO of TradeShift.
  • Dwolla CEO and Founder Ben Milne talks about the role of Apple as a new entrant in the mobile payments industry.
    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– August 29, 2014

    • Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Finovate-F-Logo.jpgHeckyl to provide real-time news and data analytics courtesy of new partnership with Marketware International.
    • Diebold brings deposit automation and cash recycling services to consumers and FIs in Brazil. See Diebold at FinovateFall in September.
    • Dwolla makes MassPay official, offers a simpler experience with increased stability, improved reporting, and increased transactions per batch.
    • PYMNTS talks with SumUp CEO Daniel Klein, to understand how it views innovation in the mPOS space.
    • PayPal launches tool, PayPal Demo, to help developers show merchants the difference between different PayPal payment options.
    • CNBC’s National Business Report interviews Scott Goldman, CEO of TextPower.
    • American Banker profiles FinovateSpring 2014 Best of Show winner, Stockpile.
    • CNET takes a look at Lending Club in the wake of the company’s IPO filing.
      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– August 20, 2014

      • Finovate-F-Logo.jpgCUneXus improves loan acceptance by 68% over 2013 for Educational Employees CU.
      • With Simple’s 2.0 mobile app update, users can send paper check payments via mobile.
      • ID Analytics names Daniel Rawlings as Chief Revenue Officer.
      • Essent Guaranty offering lenders access to rate quotes through an interface with D+H’s MortgagebotLOS.
      • ThreatMetrix selected as one of CIOReview100s Most Promising Technology Companies.
      • EyeVerify and Zumigo selected for Wells Fargo’s accelerator.
      • Expensify integrates with Uber’s API to launch SmartRides feature.
      • PayNearMe and SIMI partner to offer cash collection services to US government agencies.
      • Kony launches MobileFabric to Accelerate Speed of Delivering Great Enterprise Mobile Apps.
      • PayPal announces access to its One Touch mobile payment solution. Join PayPal in San Francisco for FinDEVr this fall.
      • Cartera Commerce unveils new website.
      • Wallaby Financial launches CardBase and The Card Guide, opening its credit card database to the public.
      • National Real Estate Investor features Realty Mogul CEO and co-founder, Jilliene Helman.
      • Forex Brokerz talks about the beta release of Darwinex’s social trading platform.
      • peerTransfer tops $1 billion in international education payments, announces 500th client.
      • Bloomberg.com features Venmo, Fiserv’s Popmoney, and Dwolla in column on Millennials and mobile payments.
      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– August 14, 2014

      • Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Finovate-F-Logo.jpgFiserv and DBS win Asian Banker Technology Implementation award.
      • Expensify enables in-app report comments to make annotations directly on expense reports.
      • Merchants using WordPress now have access to two new payment gateways: Dwolla and PayPal Express Checkout.
      • Bank Innovation takes a look at how “Pay with Venmo” will impact mobile e-commerce.
      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– August 14, 2014

      • Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Finovate-F-Logo.jpgFiserv and DBS win Asian Banker Technology Implementation award.
      • Expensify enables in-app report comments to make annotations directly on expense reports.
      • Merchants using WordPress now have access to two new payment gateways: Dwolla and PayPal Express Checkout.
      • Bank Innovation takes a look at how “Pay with Venmo” will impact mobile e-commerce.
      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– July 21, 2014

      • Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Finovate-F-Logo.jpgACI Worldwide announces plans to acquire fraud prevention specialist, Retail Decisions (ReD).
      • Monitise and IBM formalize multi-year partnership to enable broader mobile banking and e-commerce technology adoption.
      • Standard Bank to be first southern African FI to offer MasterPass from MasterCard.
      • American Banker covers how Dwolla payment network enables Google Glass payment technology.
      • PBS Newshour considers how HelloWallet helps users meet their financial goals.
      • InfoWorld: Ping Identity wants to replace sign-ons with smartphones.
      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– July 16, 2014

      • Finovate-F-Logo.jpgpeerTransfer and Nelnet expand partnership, enhancing international payment options for educational institutions.
      • Xero MD Chris Ridd featured on Qantas radio. Check out Xero at FinDEVr, the first event for fintech developers.
      • Micronotes releases Mobile-SMS to automate the referral process through the mobile SMS channel to drive more sales.
      • Lendio launches program for brokers that helps more SMBs find financing by giving brokers and ISOs access to Lendio’s lending options.
      • New app from The Members Group alerts Google Glass wearers if a Dwolla-accepting merchant is nearby.
      • mBank deploys authentication technology from HID Global.
      • Jack Henry launches jhaEnterprise Workflow solution.
      • Coinbase integration brings bitcoin payments to Shopify merchants.
      • Zooz raises $12 million in round led by Blumberg Capital.
      • MasterCard’s MasterPass to enable in-app payments by August.
      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.