Corduro Introduces PayMobile: Payment Free from Devices, Cards and Checks

Thumbnail image for CORDURO_logo.jpgThis is post is part of our live coverage of FinovateSpring 2013.

Staring off after the lunch break is Corduro, with an interactive introduction to their Corduro PayMobile on-the-go payment solution. 
“At the show, you will experience payments free from devices, cards, and checks. Use a card if you want, but you’ll miss the innovation. Download Corduro PayMobile, register, add a credit/debit/gift card to the wallet, and be a part of the innovation. Corduro PayMobile is integrated to social networks, and provides both merchant and consumer payment acceptance.
Product Launched: April 2013
HQ Location: Southlake, Texas
Company Founded: 2010
Metrics: 12 person team
Website: corduro.com
Twitter: @corduro
Presenting Robert Ziegler (CEO)

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Palo Alto Software’s LivePlan Teams Up with MasterCard to Help Small Businesses Better Understand their Daily Operations

This is a part of our live coverage of FinovateSpring 2013.

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The final presenter to hit the stage before lunch, Palo Alto Software, demonstrated how LivePlan can help small businesses:
“LivePlan tells you how your business is doing. It creates budgets and forecasts to help you plan for success, allows you to put together a beautiful one-page pitch, and helps you track and manage your performance to ensure efficient growth. With its Quickbooks integration, LivePlan delivers business intelligence to small businesses everywhere. LivePlan has received the Top Ten Reviews Gold Award and been touted as, “an essential tool for launching a startup” by Inc.com. Fans include PC World, The Wall Street Journal, CNN Money, and Entrepreneur as well as over 70,000 customers.
LivePlan and MasterCard have now teamed up, and are helping small businesses and mid-market companies manage both their performance and daily operations. LivePlan is now offered through the MasterCard Easy Savings Program and provides business intelligence through MasterCardbiz.com. Moving forward, the two companies will look to identify other areas in which their solutions can jointly provide value to business owners.”
Product Launch: April 2011
HQ: Eugene, OR
Founded: 1988
Metrics: 50 employees, 70,000+ LivePlan customers, 1.1M uniques per month to the Palo Alto Software site network
Website: liveplan.com
Twitter: @liveplan
Presenting Sabrina Parsons (CEO) and Mike McManus (Senior Business Leader, Strategy, Planning & Innovation, Mastercard)

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Yandex.Money Debuts Twym (Tweet Your Money), a New Way to Send Money

This is a part of our live coverage of FinovateSpring 2013.

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Next up this morning, Yandex.Money showcased Twym, a solution that gives users a new way to send money:

“Twym is designed to facilitate instant transfers in rubles between Twitter users who have Yandex.Money accounts. To send money, users send a tweet that includes @twymru, the recipient’s username on Twitter, and the amount they want to transfer. 

If the recipient has already activated Twym, they receive the rubles immediately. If not, they will be prompted to activate Twym and receive the money after they have done so. If someone retweets a money tweet, another transfer will be made from their Yandex.Money account to the same recipient – a useful feature for fundraising campaigns.”

Product Launch: March 2013
HQ: Moscow, Saint Petersburg, Russia
Founded: July 2002
Metrics: 13M+ registered wallets (users), 9,000+ wallets opened daily, 120,000+ transactions carried out daily, 20,000+ merchants connected
Twitter: @yamoneynews
Presenting Kristina Stoyanova (Head of User Experience) and Jane Zavalishina (President)

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OneID Introduces One-Click Login, Two-Factor Authentication Security Solution

Thumbnail image for OneIDLogo.jpgThis post is part of our coverage of FinovateSpring 2013.

The team from OneID is making its way to the stage. The company brings together advanced encryption and a distributed cloud architecture to help consumers transact easier, safer, and more efficiently online and on the go.
“By combining a tap- and click-driven user experiences with public key cryptography, OneID delivers convenience and security to consumers and providers alike.
  • Login: Single-click login, no password needed
  • Two-Factor Authentication: Customizable to meet different security requirements
  • Cross-Sell: Removes friction with single-click form filling
  • Top of Wallet: Increases purchase frequency with e-commerce deployment of OneID.”
Product Launched: May 2013
HQ Location: Redwood City, CA
Company Founded: May 2011
Metrics: $7 million raised; 20 employees 
Website: oneid.com
Twitter: @OneID
Presenting Alex Doll (CEO) and Clay Hausmann (VP Marketing)

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Lodo Software Launches D3 Banking to Help Banks Deliver a Personalized Customer Experience

This is a part of our live coverage of FinovateSpring 2013.

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Next, Lodo Software debuted its D3 Banking solution:

“D3 Banking is data driven digital banking. It provides a full range of integrated financial services using a powerful, predictive analytics engine to deliver a personalized customer experience anytime, anywhere, on any device. 

The D3 Banking components utilize next generation technology and can be deployed on a single server or distributed across servers to support cloud-computing environments. Those components include: D3 Analytics, D3 Insight, D3 UX, D3 Apps, D3 API, D3 Connect and D3 Control. These components provide the resources necessary for financial institutions to deliver a consistent, relevant and profitable experience to their customers.”

Product Launch: May 2013
HQ: Omaha, NE
Founded: 2007
Website: d3banking.com
Twitter: @D3Banking
Presenting Mark Vipond (CEO) and Jeelani Shaik (CTO)

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Kabbage Launches QuickBooks Financing Integration

This is a part of our live coverage of FinovateSpring 2013.

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Next, Kabbage took the stage to demo how it uses QuickBooks data to underwrite small business loans:

“Kabbage has partnered with Intuit to provide simple and easy access to funding for QuickBooks customers. Kabbage is the first company on Intuit’s QuickBooks Financing Platform to underwrite customers solely based on QuickBooks data. With Kabbage, customers receive instant approvals; funds can be available within minutes when they use PayPal to receive funding.”


Product Launch: May 2013
HQ: Atlanta, GA
Founded: February 2009
Metrics: $56M in equity funding; $93M in debt funding in two rounds; 95 employees; more than 100,000 accounts
Website: kabbage.com
Twitter: @kabbageinc
Presenting Marc Gorlin (Chairman) and Rich Preece (Director, QuickBooks – Intuit)

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Nice Showcases How Mobile Reach Personalizes the Customer Experience

This is a part of our live coverage of FinovateSpring 2013.

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Next up in the second session today, NICE demonstrated how financial institutions can use Mobile Reach to create a personalized customer experience:
“Mobile Reach converges mobile self-service and assisted-service to create the most personalized, effective, and efficient channel. It offers:
        • ENGAGE: Intelligently finding engagement opportunities in self-service and directing customers to the best next step just at the right time.
        • CONNECT: If needed, seamlessly connecting customers directly to the right agent, bypassing the IVR and transferring the context from the device to the agent desktop.
        • COLLABORATE: Expanding customer interactions using multimedia collaboration tools (sending text, images, etc.).
Customers get the ultimate customer experience – as personalized, relevant, and as effective as possible.
Companies get more business, lower service costs, and higher mobile use.”
Product Launch: April 2012
HQ: Paramus, NJ; Raanana, Israel
Founded: 1986
Metrics: 2012 annual non-GAAP total revenues: $892M. More than 3,400 employees in 35+ local offices across the globe.
Twitter: @NICE_Systems
Presenting Amit Ashman (Director, Solutions Marketing, Mobile Customer Service) and Bruce Plummer (Manager, Sales Engineering)

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AuthenticID Launches PictureID to Beat Identity Fraud

Thumbnail image for authenticIDLogo.jpgThis post is part of our live coverage of FinovateSpring 2013.

Representatives from AuthenticID are making their way to the stage. The company is launching its latest authentication solution, pictureID.
“AuthenticID’s identity authentication solution, pictureID, annihilates ID fraud. It is the only system that’s invulnerable to fraud schemes. Our unique agreement with DHS allows pictureID to connect with all document issuers in the U.S. and Canada. This enables financial institutions and telecoms to go directly to the source for identity authentication. Unlike identity data analytic providers – we don’t ‘guess.’ We provide absolute ID confirmation since document issuers’ records are unique to every citizen. There’s no way to trick pictureID – it returns a picture of the real consumer on file with the document issuer – with 100% accuracy.”
Product Launched: May 2013
HQ Location: Atlanta, GA
Company Founded: January 2012
Metrics: self-funded/pre-revenue; 3 full-time employees and outsourced development teams
Website: authentic.co
Twitter: @AuthenticID
Presenting Blair Cohen (CEO & Founder) and Brian Rossignol (CISO)

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GoodApril Provides 365 Days of Online Tax Advice, Guidance, and Planning

Thumbnail image for Thumbnail image for GoodAprilLogo.jpgThis post is part of our coverage of FinovateSpring 2013.

Next up to the stage is GoodApril, with a personal finance management approach to online tax planning.
“Today, GoodApril is unveiling its next-generation, automated tax monitoring solution for consumers.
GoodApril’s online Tax Checkup analyzes your 2012 tax return to identify tax savings opportunities for the year ahead. We also forecast how much more you will owe in taxes as a result of the 7 major tax rules changes included in the Fiscal Cliff tax bill and the Affordable Care Act.”
Product Launched: March 2013
HQ Location: San Francisco
Company Founded: January 2013
Metrics: 3 employees
Website: goodapril.com
Twitter: @goodapril
Presenting Benny Joseph (Founder) and Mitch Fox (Co-Founder)

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Wallaby Financial Launches its Cloud-Based Wallet, Intelligent Credit Card Combo

Thumbnail image for Wallaby_logo.jpgThis post is part of our coverage of FinovateSpring 2013.

Starting off the second session here on the first day of FinovateSpring 2013 is Wallaby, empowering mobile commerce with an e-wallet/card combination.
“We will demonstrate the new Wallaby Wallet Boost. This makes it easy for consumers to build the ideal mix of credit cards for their particular needs. Wallet Boost extends the power of the patent-pending Wallaby Engine. Wallet Boost delivers intelligent, real-time credit card recommendations to help consumers identify the optimal collection of credit cards that will earn them the most rewards, cash back, or help reduce interest. Consumers add current credit card accounts to Wallet Boost, which scans recent past transactions, and produces a customized recommendation on which cards the user should acquire to maximize their financial goals.”
Product Launched: May 2013
HQ Location: Pasadena, CA
Company Founded: August 2011
Metrics: $1.5 million raised; 9 employees; 25,000+ registered users
Website: walla.by
Twitter: @wallabycard
Presenting Matthew Goldman (CEO & Co-Founder) and Todd Zino (CTO & Co-Founder)

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Building a Better Bitcoin? OpenCoin Launches Ripple

ripplelogo1.jpgThis post is part of our live coverage of FinovateSpring 2013.

Finishing up the first session of the day is OpenCoin, developers of the world’s first open source payment network, Ripple.
“At its core, Ripple is a distributed global ledger that creates a distributed open source payment network and the world’s first distributed currency exchange. Ripple solves the double spend problem through a process of consensus rather than Bitcoin’s concept of mining. Ripple furthers the Bitcoin mission with faster transactions (confirming in seconds, not minutes) and a multi-currency design that allows for any currency to be traded within its exchange. In fact, Ripple is so versatile, it’s the best place to hold and use Bitcoins.”
Product Launched: February 2013
HQ Location: San Francisco, CA
Company Founded: September 2012
Website: ripple.com
Twitter: @Ripple
Presenting Chris Larsen (CEO) and Jed McCaleb (CTO)

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MicroStrategy Unveils Usher to Take Online Banking Beyond Usernames and Passwords

Thumbnail image for MicroStrategy.jpgThis post is part of our live coverage of FinovateSpring 2013.

The next presentation is from MicroStrategy, whose product Usher helps FIs provide digital credentials to their customers, replacing a variety of more cumbersome authentication measures.
“Usher is the world’s first mobile identity network and is the foundation for an extraordinary array of identity-based services. Usher enables enterprises to protect personal identity, reduce fraud, and streamline business processes, avoiding billions of dollars in costs while improving customer experience.
With Usher, financial institutions can render digital credentials on mobile devices, enabling them to eliminate usernames and passwords for online banking, validate identity instantly over the phone, replace plastic cards with mobile IDs, and more.”
Product Launched: May 2013
HQ Location: Tysons Corner, VA
Company Founded: 1989
Metrics: 3,200+ employees; 4,000 customers; operating in 26 countries; NASDAQ: MSTR
Twitter: @microstrategy
Presenting Randall Hechinger (Director, Global Sales, Usher) and Stephen Bruggers (VP Financial Services Solutions)

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