Alumni News– November 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 Finovate-F-Logo.jpgBraintree announces new service that makes it easier for merchants to sign up for the platform.
  • MasterCard launches MasterPass in Czech Republic.
  • CAN Capital to offer loans via Yodlee’s Small Business solution.
  • PayPal’s Venmo to power payments for web and mobile chat app, Dasher.
  • Wall Street Sector Selector highlights Financial Guard and lists Betterment, FutureAdvisor, Jemstep, Nutmeg, SigFig, and Wealthfront in a column on using roboadvisors with retirement accounts.
  • SumUp partners with BitPay to integrate bitcoin into its mPOS solution.
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 25, 2014

  • Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Finovate-F-Logo.jpgSan Antonio Federal Credit Union to integrate Geezeo PFM technology.
  • On Deck partners with Worldpay to provide access to financing for small and medium-sized merchants.
  • PaymentsSource features Dynamics ePlate among its list of “7 unusual emerging payments technologies.”
  • Top Image Systems announces patent for full page mobile image processing.
  • The New York Times profiles Financial Guard, Motif, Betterment, FutureAdvisor, Jemstep, SigFig and Wealthfront .
  • InStream Solutions launches comparison tool.
  • Moven expands internationally, signs deal with New Zealand-based Westpac.
  • HuffPo profiles Prosper, Lending Club, and Kabbage in column on the rise of online lending.
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 30, 2014

  • Finovate-F-Logo.jpgThreatMetrix granted patent for its ability to differentiate between trusted customers and cybercriminals 
  • Australia-based Vermilian acquired by banking technology firm Ultradata.
  • Boku brings its direct carrier billing-based mobile payments technology to India.
  • Mangopay teams up with Currency Cloud to provide international money transfer services to its customers.
  • Shivalik Mercantile Cooperative Bank to deploy “bank in a box” from FIS.
  • Blackhawk Network teams with Amazon to enable customers to manage and spend their gift cards in the new Amazon Wallet app.
  • Financial Guard to provide clients with both passive and active investing options.
  • Insuritas wins 2014 NAFCU Services Corporation (NSC) Innovation Award that highlights groundbreaking solutions for credit unions.
  • TechCrunch: Credit Karma offering free, weekly credit reports – no strings attached.
  • Franklin University chooses ACI Worldwide for online payment processing.
  • Wikipedia Foundation partners with Coinbase to allow bitcoin donations.
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 29, 2014

Finovate-F-Logo.jpg

  • Concur partners with Uber to allow Concur users to link their accounts and automatically send Uber receipts to their expense reports.
  • The Financial Brand looks at opportunity for banks and credit unions in the Loop Visa partnership. 
  • Open Bank Project making its API available during hackathon in September.
  • TechCrunch explores Pellucid Analytics’ take on PowerPoint pitch books.
  • Seed Me! Thinknum raises $1 million in seed funding round.
  • Feature on robo-advisors highlights seven alums: Betterment, Financial Guard, FutureAdvisor, Jemstep, Personal Capital, SigFig, and Wealthfront.
  • Macwelt reviews banking app Numbrs.
  • Bank Systems & Technology points to Moven as a nontraditional financial service provider “gunning” for banks.
  • Xero partners with MarketInvoice to bring faster funding to UK businesses.
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 28, 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.jpgPayPal announces partnership with MyOrder to enable PayPal payments at 1,500 locations in the Netherlands.
  • SecureKey launches new single-stack API integrations for card-present, card-not-present, and ACH transactions.
  • Concur adds gamification features to TripLink, the company’s spend management solution.
  • Expensify changes report submission and approval process for those using Expensify outside of an expense policy.
  • Concur partners with Airbnb to make it easier for business travelers to file expenses when booking on Airbnb.
  • RazorSocial takes a look at simplifying Google Analytics using Quill Engage from Narrative Science.
  • Financial Guard featured in Investment News’ review of “robo-advisors” and online investment managers.
  • Huffington Post: Pellucid Analytics turns data into content to make lives easier for investment bankers.
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– June 9, 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.jpgFive Weeks to SixThirty: Accelerator Program Sets July 11th Deadline.
  • VerifyValid announced partnership with Lake Michigan Credit Union.
  • ACI Worldwide’s Point to Point Encryption solution adopted by Ecentric Payment Systems in South Africa.
  • Chicago Tribune’s Blue Sky Innovation column takes a look at fraud detection innovator, Rippleshot.
  • NYmag features fintech from FinovateSpring 2014.
  • E27 looks at PlayMoolah’s Indiegogo campaign.
  • Cortera to bring its business credit risk management to Equipment Street’s marketplace.
  • Weight Watchers selects Kony to power mobile point of sale capabilities.
  • CoinDesk interviews Fidor Bank COO Michael Maier on the Munich-based bank’s decision to use Ripple Labs to move money.
  • Financial Guard, FutureAdvisor, Betterment, Jemstep, SigFig, and Wealthfront make Kiplinger’s Best Online Advisory 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– April 29, 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.jpgFinovateSpring 2014 starts today! Be sure to follow our Live Blog here at Finovate.com, as well as our Live Twitter feed #Finovate.
  • Financial Guard introduces enhanced fee transparency tool.
  • ACI Worldwide to offer its ACI UP Token Manager as Saas for debit issuers.
  • US Bancorp is the first large bank to provide Fiserv’s Popmoney Instant Payments. See Fiserv demo at FinovateSpring.
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.

Financial Guard Launches Online Investment Advisory Service

Thumbnail image for FinancialGuard_logo.jpg

Financial Guard opened its doors to the public today.Financial Guard provides professional, unbiased, transparent advice to investors priced out of traditional financial services. The service gives actionable buy, sell and hold recommendations that are customized to meet the goals of individual investors.

financialguard_homepage.jpg

Financial Guard CEO and President Kevin Pohmer said, “With the burden of retirement placed solely on individual investors, we are delighted to offer this much needed service to those investors who don’t have the time, discipline, or investment acumen to handle this daunting task.”
“Finally individual investors will have access to professional, unbiased, transparent investment advice at the right price.”
Individual investors can subscribe to Financial Guard for a fixed fee of $15.95 a month, or $149.95 a year. 
Financial Guard is headquartered in Salt Lake City, Utah, and is an SEC-registered, fee-based, online investment advisor. This September, company demoed its technology as part of the FinovateFall 2013 event in New York. See them in action here.

Financial Guard Delivers Transparent, Actionable Online Investment Advice

FinancialGuard_logo.jpg

This post is part of our live coverage of FinovateFall 2013.

As we move toward the end of our first post-lunch session, Financial Guard is making its way to the stage.
“Financial Guard will make investing simple and transparent for the individual investor saving for retirement. Through technology, an investor can quickly receive a holistic view of their entire investment portfolio(s) and receive actionable recommendations based on their investor profile on how to optimize. 
Financial Guard’s action plan provides an easy to understand “Grade” on both the individual investments and overall portfolio and clearly tells the investor what to Buy, Sell, and Hold within their accounts. We then continue to monitor an investor’s portfolio and regularly alert and advise when changes and rebalances need to occur.”
Product Launch: Summer 2013
Product distribution strategy: Direct to Consumer (B2C) & Direct to Business (B2B)
HQ: Salt Lake City, Utah
Founded: January 2010
Presenting Kevin Pohmer (President) and AJ Remlinger (Director, Business Development)
IMG_FG3083.JPG
IMG_FG3091.JPG
The full demo video will be available at Finovate.com in mid-September.

FinovateFall 2013 Sneak Peek: Part 1

FF2013LOGO.jpg

On September 10 and 11, Finovate will return to New York for FinovateFall 2013.

70 companies will take the stage to present their latest technologies, including many that will be making their Finovate debut.

In the weeks leading up to our September event, we’ll help you get to know the innovators and entrepreneurs who will be demoing in New York. Today’s installment introduces our first set of fintech presenters: CR2FinanceIt/CommunityLend, Financial Guard, FlexScore, Interactions Corporation, Place2Give, QuarterSpot and Socure.
Want to join us in New York in September? Get your ticket to FinovateFall 2013 here.
______________________________________________________________________

Thumbnail image for logo-cr2-mediapack.jpg

CR2 is a leading multichannel banking software provider with a focus on innovation.
Features:
  • A never-seen-before customer experience at the ATM
  • Customized and interactive banking
  • Meaningful revenue driver for the bank
Why it’s great: ATM usability inspired by kiosk and mobile practices for both customers and non-customers.
CR2_Dolan2.jpg
Martin Dolan, CEO, CR2
___________________________________________________________

financeitlogo.jpg

FinanceIt/CommunityLend allows businesses to offer consumer financing to their customers anywhere.
Features:
  • Photo ID scan for instant approval
  • iPad app
  • Consumer-facing loan application for pre-approvals
Why it’s great: FinanceIt will be live in the U.S. Q1 of 2014 and is actively looking for partnerships with merchants and lenders.
communitylendgarrity.jpg
Michael Garrity, CEO, CommunityLend
____________________________________________________________

FinancialGuard_logo.jpg

Financial Guard is an online investment manager reinventing the financial services industry by providing professional, unbiased, transparent, actionable investment advice to the individual investor.
Features:
  • Holistic investment portfolio optimization
  • Full transparency
  • Simple enough for a college intern. Complex enough for a Ph.D in Finance
Why it’s great: Investment Advice at the Right Price, Finally
financialguard_pohmer.jpg
Kevin Pohmer, President, Financial Guard
___________________________________________________________

Flexscorelogo.jpg

FlexScore is the first-ever, financial scoring tool and is specifically made to make financial education fun for middle-class America.
Features:
  • First-ever overall financial scoring tool
  • Provides actionable steps to help user improve finances
  • Peer ranking tool so users can compare scores
Why it’s great: First-ever personal finance too for middle America instead of the uber rich.

20703925_jasongordo.jpeg

Jason Gordo, CEO, FlexScore
Jason Gordo is listed in the Forbes Top 50 RIA’s in the country. He is also co-author of “FlexScore: Financial Advice for the Rest of Us.”

20703955_jeffburrow.jpeg

Jeff Burrow, President, FlexScore
Jeff Burrow is President of FlexScore and is co-author of the book, “FlexScore: Financial Advice for the Rest of Us.” He is a certified financial planner.
__________________________________________________________

19711740_interactions_logos_final.jpg

Interactions Corporation is a virtual assistant for banking/financial services
Features:
  • Customers interact exactly was they would with a live agent
  • Significant improvements in Net Promoter Score
  • Significant operations savings
Why it’s great: Simply better customer experience

20703925_SRP_2388-web.jpg

Phil Gray, Executive Vice-President of Business Development, Interactions Corporation
Phil Gray is a successful startup executive with extensive experience in speech and call center technologies.
___________________________________________________________

19711740_1.jpg

Place2Give helps advisors connect and manage their client’s charitable giving.
Features:
  • Matches donors to charities using unique algorithms
  • Shortens advisor research time
  • Manages donor’s pledges, disbursement and charity tax receipts
Why it’s great: The Toolbox helps reduce an advisor’s research time, justify fee value and aid client retention.
Place2give_Rotstein.jpg
Gena Rotstein, Founder, CEO, Place2Give
_____________________________________________________________

QuarterSpotlogo.jpg

QuarterSpot is a new small business online lending platform using artificial intelligence to significantly lower cost of capital and eliminate need for personal collateral.
Features:
  • AI underwriting better assesses business risk in minutes
  • Lowers SMB cost of capital up to 85%
  • No personal collateral at risk for business loan
Why it’s great: Small businesses searching for capital no longer have to compromise. QuarterSpot makes it easy, fast, and affordable to secure a trusted loan.
quarterspot_cohen.jpg
Adam Cohen, Co-Founder, CEO, QuarterSpot
____________________________________________________________

Socurelogo.jpg

Socure has developed a new form of online identity verification to reduce fraud using a series of proprietary machine learning algorithms to analyze social and identity data.
Features:
  • Authenticate a user to detect ID theft and account takeover fraud
  • Improve existing KYC/AML capabilities
  • De-risk each side of a social P2P payment
Why it’s great: Socure helps financial institutions use social data to reduce various types of online fraud. 

20703925_3c0d2e6.jpeg

Sunil Madhu, CEO, Co-Founder, Socure
Sunil Madhu is an entrepreneur and architect with 20+ years of experience developing and selling innovative enterprise software solutions.

Socure_Nayers.jpg

Johnny Ayers, Director of Business Development, Co-Founder, Socure
Johnny Ayers is a management consultant turned entrepreneur. He leads Socure’s business development and operation efforts.
______________________________________________________________________
For more information on attending FinovateFall 2013, see our FAQ. To register, visit out FinovateFall 2013 page here.

Meet the Innovators of FinovateFall 2013

btn3_ov.png

FinovateFall 2013 is right around the corner. That means it’s time to start getting to know the entrepreneurs and innovators that will be presenting their technologies on stage in New York City in September.

Remember, the early bird deadline is this Friday, August 2nd. So to reserve your spot and register now.

________________________________________

Akimbo Financial offers a social bank account alternative that makes sharing money easier than ever.
authenticIDs identity tools pictureID and catfishID, are the most accurate, time-saving solutions for the forms of ID we already carry.
Backbase‘s Launchpad, the Commercial Banking Edition, making CFO’s work easier.
BehavioSec uses behavioral analytics to transparently tackle web and mobile security.
BillFloat revolutionizes credit delivery to consumers and businesses.
Biometric Signature ID has a patented software-only biometric for secure ID online verification.
BizEquity is the first and leading cloud-based business valuation engine, an innovative solution to small business lead generation.
Capital Access Network is the largest and most experienced small business finance specialist.
Cardlytics uses consumer purchase data to drive a patented advertising platform. Ads are so relevant–they’re expected. 
CoverHound is a comparison insurance adviser, helping people discover, buy, and manage insurance online.
CR2 is the innovative provider of self-service banking solutions including ATM, Internet, and mobile banking.
DoubleBeam‘s SDK powers mPayments inside other mobile apps, helping signup customers quickly and save a ton on the cost of payments.
FinanceIt offers businesses the ability to provide consumer financing to their customers at the POS.
Financial Guard helps you protect your investments, providing online investment advice at the right price, finally.
Finect is the leading online network for the financial services industry.
Fiserv is a leading global technology provider serving the financial services industry, driving innovation in payments.
FlexScore “gamifies” financial planning, gives a “score” of your financial fitness, and provides education, advice, peer comparisons.
Float Money offers interest-free credit to members of its shopping club and financial health partners.
FutureAdvisor manages your investments for better returns, making quality financial advice available to everyone.
GMC Software Technology is a leading software developer of solutions that transform the customer experience.
Guide Financial is like a healthcheck for your finances – automatically scanning your accounts for ways you can earn or save more, and providing simple, easy fixes.
Ignite Sales is the leader in retail banking, customer acquisition, and retention technology.
Innovation Agency, where you can execute on your innovation mandate and unlock the wealth of ideas in your ecosystems.
Instabank – Beautiful money.
Interactions provides natural language Virtual Assistant application services for the automation customer care processes.
Jumio is a next generation credentials management company offering payments and ID scanning and validation products for mobile and web transactions.
Kofax is a leading provider of smart process applications that simplify the business critical First Mile of information-intensive customer interactions.
LearnVest empowers people everywhere to take control of their money and live their richest lives.
Level Money is a financial GPS, designed to replace budgeting.
Lighter Capital provides growth capital to technology companies in a highly-automated basis – Capital-as-a-Service.
Lumesis provides software for the fixed income municipal market. Compliance and credit-focused. 
Luminous is a boutique innovation company that has become synonymous with innovative banking around the world.
Manilla is the leading free and secure service to simplify and organize daily financial life.
MasterCard is a technology company in the global payments industry, operating the world’s fastest payments processing network.
mBank is the biggest, pure-play online bank and the third largest retail bank in Poland.
miiCard is the first digital identity verification service to prove ‘you are who you say you are’ entirely online.
Mitek is positioned as the leading innovator in mobile imaging software. 
MoneyDesktop empowers financial institutions to provide online/mobile banking experiences to promote personal financial intelligence.
Motif Investing is a thematic, customizable, low-cost and crowdsourceable ETF-like product that is disrupting investing economics.

Narrative Science
 
enables companies to uncover the insight hidden in their data and create new content at a scale and frequency never before possible.
Numbrs – One App – Every Bank.
P2P Cash is the mobile wallet with switch technology that allows us to aggregate all other mWallets and mobile financial services.
PayWith is powered by MasterCard. Funded by Merchants. Loved by Consumers.
PhonyInvoices provides invoice fraud detection and prevention. We check a company’s vendor lists and transactions for suspicious activity.
Place2Give provides valuable and trustworthy information to make the most impactful social capital investment decisions.
QuarterSpot lending platform delivers the lowest cost and most favorable term small business loans.
RevolutionCredit is a revolutionary solution that transforms the credit decisioning process for both creditors and consumers.
SaaS Markets is the enterprise app store company for financial organizations looking to leverage cloud-based applications for their employees or customers.
SavedPlus is an automatic savings program that helps customers save money with every purchase.
Simple Verity provides business credit reports on any SMB in America.
Socure offers a social identity verification solution to combat the growing risk of online identity fraud for financial institutions.
SpearFysh leverages mobile, speech analytics, big data, and SaaS technology to improve sales processes and drive growth.
Spreedly provides vault cards in the cloud and work with more than 50 payment gateways.
StockSmart apps and platform offer insight and information on the world’s best companies and people.
StrategyCorps delivers local/mobile/social consumer checking solutions so appealing and relevant, your customers will gladly pay for them.
Tinkoff Credit Systems is Russia’s leading provider of online financial services.
TipRanks is a cloud-based service that measures the performance of anyone giving investment advice.
Toopher eliminates online fraud using your phone’s location. Simple, secure, your phone stays in your pocket.
Unleash is the cloud CFO that helps small businesses make better decisions faster.
VerifyValid and Deluxe are giving checks their first major upgrade in more than 200 years.
Versafe protects all users from all malware, threat types. On all devices, all transparently. 
WordSentry software analyzes messages during composition, identifying non-compliant components, for correction before sending.
Yodlee is the platform for financial innovation, powering the world’s largest collection of transactional data.
Yseop creates a new age where financial services delivered to customers are driven by AI and human collaboration.
Zenmonics is a global technology services and mobile product provider to the financial services market.
Zighra empowers banks and financial institutions to leverage implicit mobile user authentication and accelerate payments.
Zooz provides complete payment essentials at your fingertips: a robust set of tools that will improve the payment process.
Plus more stealth companies to be announced in the weeks to come.
________________________________________
To find out more about the upcoming FinovateFall 2013 event in New York, September 10 and 11, visit our FinovateFall information page here.