BillGuard Introduces BillGuard FI, a Solution for Online Banking

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Today, BillGuard showed off its Wikipedia of transactions:

BillGuard FI brings BillGuard’s award winning 24/7 bill monitoring, in-statement P2P knowledge sharing and direct-to-merchant resolution to online banking. Card issuers seamlessly integrate BillGuard FI to generate new value-add service revenue and lower inquiry and dispute processing costs.”

Product Launched: May 2011
HQ Location: New York, NY
Company Founded: April 2010
Metrics: $13 million raised, 20 employees
Website: billguard.com
Introducing Yaron Samid (Founder and CEO) and Raphael Ouzan (Founder and CTO)

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Expensify Trips Aims to Make Travelling Easier

Expensify.jpgThen, Expensify showed how its Trips platform makes travelling easier by helping you get a head start on processing travel receipts:

“Expensify Trips! Forward your travel itineraries to receipts@expensify.com and let SmartScan pull out the details for fast access inside the Expensify mobile app (iPhone, Android, BlackBerry, Windows Phone). Includes everything you’d expect – streamlined presentation, offline access, flight reminders, etc. But since travel itineraries are also travel receipts, this means you’re halfway done with your expense report before you even get started: create your whole report in one click after you land, receipts and all. After all, travel itineraries are just expense reports waiting to be submitted, so why not kill two birds with one stone? 

Expensify Trips is one more way Expensify gets a little better (or in this case – a lot better), every day. Free to sign up, free to use, and lots of premium goodies on top.”

Product Launched: May 2012
HQ Location: San Francisco, CA
Company Founded: April 2008
Metrics: Raised $6.7M, >110K companies, ~1M users
Website: expensify.com
Introducing David Barrett (Founder, CEO)  and Matt McNamara (Engineer)

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Social Money’s GoalSaver Helps Financial Institutions Create a Fun Way to Save

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Next, Social Money (formerly SmartyPig) demonstrated how its GoalSaver platform can transform a bank’s social initiatives:

“By using the configurable GoalSaver program, any financial services company in the world may offer its customer base an innovative and attractive approach to saving – quickly and for a fraction of the cost of a new program. 

The product helps any FI create a social strategy, increase customer engagement and retention, cross-sell other products, drive brand awareness, and gather valuable data on future spending. The system is available to any bank, in any language, using any currency, as a way to create a scalable and customizable application for goal savings. GoalSaver may also be leveraged by leading merchants (Christmas clubs and wish lists), and a host of other industries, such as prepaid or payment processing companies.”

Product Launched: May 2012
HQ Location: West Des Moines, IA
Company Founded: January 2007 (Formerly SmartyPig)
Introducing Mike Ferrari (Co-Founder) and Scott McCormack (CEO)

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Affinity Solutions Launches Coupon-On-a-Card

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Later this morning, Affinity Solutions debuted Coupon-on-a-Card, a rewards platform that allows consumers to redeem offers just by swiping their card:
“Coupon-on-a-Card is a patent-pending product allowing consumers to either pre-purchase or opt-in to a retailer offer and then receive the discount at the point-of-sale through the credit card swipe, not in a statement credit, but in real-time.
Retailers will be able to use Affinity’s proprietary segmentation strategies to create a marketing campaign and banks will be able to deliver the offer totally through the plastic, with no need to deal with paying up-front and receiving a statement credit later.
The receipt will show the split-tender transaction, only charging the credit/debit card for the final amount due, after the discounts/offer is applied.”
Product Launched: May 2012
HQ Location: New York, NY
Company Founded: July 1998
Metrics: Affinity Solutions has over 100 employees and manages loyalty and engagement programs with over 4,000 banks.
Introducing Jonathan Silver (President & CEO) and Michael Biamonte (Chief Technology Officer)

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BancBox’s APIs Cover All Types of Money Movement

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Then, BancBox demonstrated its APIs:

“We’ve integrated with banks so our clients don’t have to. With an out-of-the-box set of APIs that cover the entire money movement flow, BancBox customers can integrate payment services in just a few days rather than months and can leverage the platform to scale and adapt to new requirements as needed.”

Product Launched: May 2012
HQ Location: San Mateo, CA
Company Founded: April 2002
Website: bancbox.com
Introducing Sanj Goyle (CEO) and Praveer Kumar (VP, Engineering) 

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Taulia Launches its Early Payment Network

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Afterwards, Taulia demonstrated how its Early Payment Network can help businesses get paid faster:

“Taulia is an expert in Early Payments through Dynamic Discounting. We are launching our Early Payment Network, which expands the power of Early Payments beyond our existing network to every business. The combination of our knowledge of Dynamic Discounting, our network of financing sources, and our new API allows us to extend our Early Payment Network to users of any accounting system, ERP software or e-invoicing network. In fact, any financial software provider can now offer Dynamic Discounting directly to their install base via the new Taulia-powered API. A very simple, one-time integration opens the door for the financial software provider to instantly share in the revenue generated by Early Payments.”

Product Launched: May 2012
HQ Location: San Francisco, CA
Company Founded: July 2009
Metrics: $11.7M raised, 50+ Full-time employees, user base that extends to over 40 countries
Website: taulia.com
Introducing Ian Sweeney (VP of Product) and Markus Ament (Chief Product Officer)

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WattzOn Shines Light on How Banks Can Drive Loyalty with Energy Management

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Second up, WattzOn lit up the stage with its energy management platform:
“WattzOn is a personal energy management platform that provides tools to help people use less energy and save money on an everyday basis.
The WattzOn Marketplace: A marketplace for energy-saving products and services (such as appliances, windows, solar systems, hybrid and electric cars), to be combined with financing (loans, credit cards, savings accounts, Home Equity Lines Of Credit, mortgages) and rebates to create compelling energy and money-saving opportunities. 
The WattzOn Platform for Financial Services: Increase consumer engagement and drive loyalty with our WattzOn Personal Energy Management Platform. Incorporate branded personal energy management capabilities with your website or app. Provide your consumers with more ways to save money and promote complementary financial products, such as credit cards, car and home loans. Can be undertaken as a branded experience (for example, “MyBankGreenHome.com”) or integrated into your existing website or mobile app through our web services (APIs).”
Product Launched: June 2012
HQ Location: Mountain View, CA
Company Founded: 2008
Metrics: Over 250,000 households have already used the WattzOn Personal Energy Management Platform to save energy and money.
Website: wattzon.com
Introducing Steven Ashby (Co-Founder, CMO, Chief Product Officer) and Dan Sheehy (Executive VP of Business Development):

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Dwolla Releases New FiSync Iteration

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To kick things off, Dwolla launched a new iteration of FiSync:

“Dwolla is releasing the newest iteration of FiSync, the company’s revenue-generating financial services product.”

Product Launched: May 2012
HQ Location: Des Moines, IA
Company Founded: May 2008
Metrics
  • Funding:
    • Series B: $5 million (Union Square Ventures, Thrive Capital, Village Ventures & more)
    • Series A: $1.3 million
  • Employees: 20+
  • Users: 100,000+
  • Merchants: 10,000+
Website: dwolla.com
Introducing Ben Milne (Founder and Builder):

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FinovateSpring 2012 Kicks Off Tomorrow

image It turns out that setting up for 1,200 attendees takes a bit more time than we had anticipated. But everything is set, the demos are all working, and we are ready to kick things off Tuesday morning at 9 AM sharp.

You can read all about the 64 product launches during the next two days at our Finovate blog. And we’ll be tweeting away from @finovate while hundreds of others do the same with the #finovate hashtag.

To everyone joining us in San Francisco, and for all that are following from afar, we truly appreciate it!

A Look at the Participants at FinovateSpring Next Week

image We have a diverse bunch on stage at the fifth annual FinovateSpring next week. The 64 demoing companies come from all over the U.S., and from around the globe.

Here’s the geographic distribution of the 64 demoing companies (click to enlarge). It’s no surprise that we have 24 from California. But there’s almost twice as many from elsewhere around the country and world.

 FinovateSpring 2012 companies mapped

Next, here’s a graphical representation of the job titles from the FinovateSpring 2012 registration records:

 FinovateSpring 2012 attendee titles

And if you will be in the record-breaking crowd next week (thanks, everyone!), here’s the demo schedule which lists each company. See you in San Francisco.

Hot Topics at Next Week’s FinovateSpring

image We have a diverse bunch on stage at the fifth annual FinovateSpring next week. With 64 demos, many touching on multiple themes, it’s hard to boil down the topics to a few soundbites.

But that didn’t stop us from trying. We fed each presenter’s keywords into a nifty little software app and created our first ever "demo word cloud."

I don’t think anyone will be surprised there’s a bit of attention being devoted to "mobile payments." But who would have guessed (prior to last year), that "rewards" and "coupons" would get so much attention. Welcome to the new world of ad-supported banking.

FinovateSpring 2012 topic cloud
Here’s the geographic distribution of the 64 demoing companies (click to enlarge). It’s no surprise that we have 24 from California. But there’s almost twice as many from elsewhere around the country and world.

 FinovateSpring 2012 companies mapped

Finally, here’s a graphical representation of the job titles from our registration records:

 FinovateSpring 2012 attendee titles

And if you will be in the record-breaking crowd next week (thanks everyone!), here’s the demo schedule which lists each company. See you in San Francisco.

FinovateSpring 2012 Fintech Categories Revealed

In preparation for FinovateSpring next week, the 64 presenting companies have been busy perfecting their 7 minute demos, while we have been learning about the fintech they’ll demo on stage.

We assembled this graphic to give you a taste of some different fintech categories you’ll see on stage at FinovateSpring:

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Want to see these and more demonstrated live, on stage? Get your FinovateSpring ticket here.