Finovate Alumni News– October 29, 2013

  • Finovate-F-Logo.jpgPayfone Brings in $10 Million from Early Warning Systems.
  • Promsvyazbank in Russia Launches PFM-Service, Powered by Meniga.
  • Payments Source: Fiserv Makes a Payments Play for Small Businesses.
  • FinovateAsia 2013 Sneak Peek: Part 3 is up.
  • Trejdify publishes an introduction to Quantopian.
  • GMC Software Technology opens office in Australia. Join them in Singapore next month for FinovateAsia 2013.
  • For the third consecutive year Deloitte nominates Trustly as 1 of Sweden’s Tech Fast 50 companies.
  • Pennsylvania’s Customers Bank embraces mobile bill pay via Mitek-powered PicturePay.
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– October 24, 2013

  • Finovate-F-Logo.jpgFiserv to offer clients Guardian Analytics’ FraudMAP solutions.
  • Lending Club CEO, Renaud Laplanche, named a winner of Ernst & Young’s Venture Capital Award of Excellence.
  • PayPal and Blackhawk Network join forces to bring gift card services to the digital wallet.
  • Manilla User Survey: Consumers Want Bills in One Place and Banks with Bill Management.
  • Payments, Mobile, Security, Social: A Look Ahead to FinovateAsia 2013.
  • Are Utilities Ready for Mobile BillPay? Industry Leaders Weigh-in via Check Survey.
  • Locaid featured in American Express Open Forum column on attracting mobile customers with geofencing.
  • SeedInvest “thrilled” by new rules proposed for equity crowdfunding.
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– October 14, 2013

  • Thumbnail image for Finovate-F-Logo.jpgForbes column on banking and mobile payments highlights Finovate alumni Check, Fiserv, and FIS.
  • BBC features MasterCard’s efforts to replace food stamps and cash with cards in Lebanese refugee camps.
  • Jim Marous references GoBank and Moven in report on innovation in mobile banking functionality.
  • LowCards.com reports: Dynamics offers artistic credit cards.
  • Flint Mobile opts for camera over card reader.
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.

Fiserv Debuts Popmoney Instant Payments

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

FiservLogo2.jpg

Next, Fiserv stepped up to demo how it can help financial institutions provide a real-time payments solution to their clients:
“Financial institutions are challenged to meet the ticking clock of consumer expectations for a real‐time payments experience. The Popmoney personal payment service from Fiserv fulfills that need with Instant Payments, a new value-added feature offering real-time delivery of funds.
Popmoney lets people send, request, and receive money using an email address or mobile phone number. Traditionally, Popmoney has only been able to deliver payments via the ACH network, which works great for most payments. Funds settle in 1 to 3 business days. 
The Instant Payments feature, which is now available for financial institutions, uses the debit card networks to deliver funds in real-time – 24/7, 365 days a year. Recipients have access to funds literally in seconds.”
Product Launch: April 2013
Metrics: 2012 revenue: $4.4B, 2012 net income: $611M, about 20,000 employees worldwide, 6,000 account processing clients, & 16,000 financial institutions and businesses worldwide
Product distribution strategy: Through financial institutions and direct-to-consumer
HQ: Brookfield, WI
Founded: 1984
Website: fiserv.com
Twitter: @Finovate

Presenting Andrew Barnett (Sr. Mobile Solutions Consultant) and Neil Platt (SVP & General Manager, Payments)

IMG_F3065.JPG
IMG_F3069.JPG
The full demo video will be available at finovate.com in mid-September.

Finovate Alumni News– September 6, 2013

  • Finovate-F-Logo.jpgFiserv launches Predictive Scores tool that models customer behavior. Come see Fiserv at FinovateFall next week.
  • First Federal Savings Bank implements PFM through MoneyDesktop. Check out MoneyDesktop’s new solution at FinovateFall in NYC.
  • PayPal Updates iOS And Android Apps With The Ability To Order Ahead, Pay Restaurant Bills, Access Bill Me Later And More.
  • Woodinville Water District Achieves Significant Increase in Paperless Water Bills in the First 90 Days of doxo Implementation.
  • Members Choice CU To Offer PFM Powered By Geezeo.
  • Braintree adds new layer of fraud protection for merchants.
  • Finovate alumni driving growth in online investment advisory industry.
  • Forbes features article on Narrative Science’s
    Quill. Come see them at FinovateFall next week.


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.

FinovateFall 2013 Sneak Peek: Part 5

FF13Button.jpg

We hope you’re enjoying our Sneak Peek at the presenters of FinovateFall 2013.

You can learn more about our upcoming event here. And if you’ve missed an installment of our series, here’s a handy index to this year’s innovators.

FinovateFall 2013 Sneak Peek #1

Today we’ll introduce you to our fifth set of companies that will be demoing on the Finovate stage in September: Capital Access NetworkFutureAdvisor, Instabank, miiCard, Narrative ScienceP2P Cash, and StrategyCorps.

So why not join us in New York for the show? Get your tickets to FinovateFall 2013 in New York here.


Capital Access Network’s Mobile Funder is a tablet-based tool enabling finance reps to seurely pre-qualify small businesses for capital and submit a full application in a single visit.

Thumbnail image for CapitalAccessNetworkLogo.jpg

Features:
  • Capital delivered in days, not weeks
  • Empowers reps with direct access to qualification tools
  • Pre-qualifies prospects for two products with one application
Why it’s great: This all-in-one tool gives small business finance reps the power to expedite decisions, close more deals, and deliver capital faster.

dandemeoCAN.jpg

Dan DeMeo, CEO, Capital Access Network
Mr. DeMeo joined in 2010 with an extensive financial services background (Citibank, GE Capital, JP Morgan) and a history of growing businesses profitably.
Meet the Capital Access Network team here.

FutureAdvisor’s FutureAdvisor Premium automatically manages your current investments.

futureadvisorlogo.jpg

Features:
  • Manage investment holdings from multiple institutionsFeatures:
  • Rebalance your portfolio automatically
  • Recognize and invest new cash immediately
Why it’s great: Guide your investment portfolio – automatically
Meet the FutureAdvisor team here.

InstabankLogo.jpg

Instabank set out to create the most beautiful, efficient, and social mobile bank.
Features:
  • Transfer/request money to/from Facebook friends
  • Add photos, comments, Foursquare venues to purchases
  • Rich activity stream and PFM
Why it’s great: Instabank aims to unlock viral customer acquisition via Facebook and become the Dropbox of retail banking.

miiCard (my Internet Identity) is the first global Identity-as-a-Service (IDaaS) platform providing trusted and traceable customer identities purely online in the digital economy.

Thumbnail image for miiCardLogo.jpg

Features: 
  • Eliminate up to 80% fraud
  • Reduce new customer dropout by 50%
  • Dramatically reduce operational costs
Why it’s great: Enabling purely online sales of regulated and high value products in banking, virtual currencies, payments, wealth management, lending and more.

20703925_james_varga.jpg

James Varga, Founder, CEO, miiCard
Mr. Varga has more than a 20-year career in technology and innovation.

20703955_magnus_bray.jpg

Magnus Bray, Sales Manager, miiCard
Mr. Bray has experience in bringing new innovations to global financial institutions.
Meet Team miiCard here.

Narrative Science provides financial institutions with a fast, cost-effective way to analyze data and automatically generate natural language communications that answer important questions and provide timely insight.

narrativescience-logo-withtag.jpg

Features:
  • Infinitely scalable content generation
  • On-demand communications tailored to any audience
  • Consistent narratives structured to meet guidelines
Why it’s great: Quill Financial automatically transforms portfolio and market data into human-quality communications and reports for financial institutions.
Meet the Narrative Science leadership team here.

P2P Cash developed an industry-standard, scalable mobile financial services solution that provides secure, compliant and transparent mobile banking to the world’s 3 billion unbanked mobile phone users.

thumbnailP2Pcash.jpg

Features:
  • Send cash home free
  • Mobile international remittance
  • Only SMS required for recipient
Why it’s great: Send cash home free #InternationalRemittance

20703925_tom_bio_pic.jpg

Thomas Meredith, Chairman and CEO, P2P Cash
Mr Meredith has Internet, financial services, and telecommunications experience. Stanford engineer. Harvard MBA.

20703955_don_bio_pic.jpg

Donald Chapman, VP, Business Development, P2P Cash
Mr. Chapman has Consulting, IT, Sales & Marketing experience. Providence College. Babson MBA.
Meet the P2P Cash team here.

StrategyCorps’ BaZing solution makes mobile and online banking so appealing and relevant to customers’ lifestyles they’ll gladly pay a fee for them.

strategycorpslogo.jpg

Features:
  • 300,000+ deals at your fingertips
  • Local merchant offers around every branch
  • Connect like no banking product can
Why it’s great: Customers don’t like fees for basic banking products. BaZing changes that by making banking products worth paying for.

Stay tuned for more from our FinovateFall 2013 presenters in edition #6 of our Sneak Peek series, coming Thursday.
FinovateFall 2013 is only a few weeks away. To learn more about FinovateFall – and to register and get your tickets today – visit our FinovateFall 2013 page here.

Finovate Alumni News– August 21, 2013

  • FinovateLOGO.jpgWhat Themes Will Heat Up the FinovateFall Stage?
  • Cardlytics announces patent on offer placement and management systems.
  • MasterPass gains traction as 16 payment service providers in Australia agree to provide MasterCard’s digital payment option for business customers.
  • Arroweye Solutions launches CustomerConnect, a data-driven, card marketing technology solution.
  • Jonathan Lee of Phony Invoices talks about invoice fraud at Accounting Today. See them demo at FinovateFall in September.
  • SecureKey Technologies wins contract with USPS to develop Federal Cloud Credential Exchange (FCCX).
  • Fiserv renews technology relationship with Community First Credit Union in Wisconsin.
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.

FinovateFall 2013 Sneak Peek: Part 2

FF13Button.jpg

This is part two of our FinovateFall Sneak Peek series. If you missed the first installment, you can catch it here:

Here are eight more of the 70 companies that will demo their new technology on September 10 and 11 in New York: authenticID, Fiserv, Float Money, Ignite Sales, Jumio, SavedPlus, Yseop, and Zenmonics.

Want to join us in New York in September? Get your FinovateFall 2013 ticket here. To learn more about FinovateFall, check out the FAQ.

______________________________________________________________________


authenticIDLogo.jpg

Authentic ID’s pictureID solution is 100% accurate and can’t be fooled by fraudsters since it returns a visual representation of the true owner of an identity.

Features:
    • 100% Accurate
    • Can’t be fooled by fraudsters
    • Transactions cost less than existing solutions
Why it’s great: pictureID is the only 100% accurate identity proofing solution on the market today and it is more intuitive for users. 

AuthenticIDFounder1.jpg

Blair Cohen, CEO 
______________________________________________________________

FiservLogo2.jpg

Fiserv’s Popmoney Instant Payments extends the functionality of the Popmoney P2P service from Fiserv, making it indispensable when an immediate exchange of money is required.
Features:
    • Instant Payments delivers payments for a real-time world
    • Delivered through Mobiliti, Popmoney offers an unmatched transformational mobile experience
Why it’s great: Instant Payments from Popmoney combined with the transformational experience offered by Mobiliti from Fiserv, delivers on the compelling, consumer need for real-time payments.
FiservFounder1.jpg

Jeffery W. Yabuki 
President and Chief Executive Officer
______________________________________________________________

FloatMoneyLogo.jpg

FloatMoney is smarter credit for consumers
Features:
    • Interest-free line of credit
    • Planned Spending Program for budgeting
    • Financial Health Partners for financial literacy, payments and savings
Why it’s great: Float will replace credit cards
FloatMoneyFounder.jpg

Shane Hadden, CEO 
______________________________________________________________
IgniteSalesLogo.jpg

Ignite Salesthe leader in retail banking customer acquisition and retention technology, will showcase Innovative Branch Profitability Dashboards, offering a breakthrough in branch performance measurement.
Features:
    • Determine profitable branches/products per branch
    • Quickly spot branch trends, customer insights, fee-generating opportunities
    • Understand gap analysis
Why it’s great: Never before have the tools for detailed branch measurement been so accessible to bank executives.
IgniteFounder2.jpg

Mitchell Orlowsky, CEO
LinkedIn

_________________________________________________________

JumioLogo.jpg

Jumio’s Netverify supports real-time ID scanning and verification via a mobile application or website of passports and driver licenses to enable clients to meet know-your-customer requirements.
Features:
    • Increase conversion rates and revenue
    • Reduce risk & chargebacks
    • Create a ‘cool’ factor user experience
Why it’s great: Netverify allows businesses to authenticate customers’ identities using their computer’s web camera, IOS or Android smartphone cameras
JumioFounder1.jpeg
Michael Orlando heads up Jumio’s worldwide sales and business development efforts and brings over 20 years of high-growth company experience to this role. 

______________________________________________________________
SavedPlusLogo.jpg

SavedPlus is an automatic savings tool that helps customers effortlessly reach financial goals.
Features:
    • Easy to set up, bank agnostic financial tool. 
    • It sets aside money as a percentage of every purchase.
    • Change the destination account with one click.
Why it’s great: Automatic savings made easy

SavedPlusFounder.jpg

Nikita Brodskiy, Founder & CEO
______________________________________________________________
YseopLogo.jpg

Yseop is artificial intelligence software which writes, just like a human being, but at a speed of thousands of pages per second, and in multiple languages.
Features:
    • Generate highly qualified leads 
    • Boost sales performance
    • Write financial reports automatically
Why it’s great: Yseop boosts your business performance by automating tasks such as lead generation, cross-selling, meeting preparation and financial report writing.

YseopFounder.jpg

John Rauscher, CEO & co-founder
______________________________________________________________
ZenmonicsLogo.jpg

Zenmonics has created the Mobile Banker tablet for lean branches, advice centers, and relationship management.
Features:
    • Ability to deploy in front of existing systems
    • Reduce branch transaction costs
    • Increase Sales with live collateral, account opening, servicing
Why it’s great: The convenience and attractiveness of an Apple Store as your Bank. 
______________________________________________________________
Stay tuned next week for a sneak peek of more companies. Want to join us in New York in September? Get your ticket to FinovateFall 2013 here. To learn more about FinovateFall, check out the FAQ.

Finovate Alumni News– August 15, 2013

  • Finovate-F-Logo.jpgANZ Group goes live with Fiserv’s Mobiliti Reach.
  • The Currency Cloud CEO, Mike Laven, explains the issues behind the recent remittance crisis.
  • IND Group & PayPal team up to offer P2P Payment via email in Europe.
  • SunTrust introduces BCSG’s Business Hub and CreditHQ tools; an online package of small business solutions.
  • Bolstr on FOX News Chicago: Local Business Raises $12,000 in under 48hrs on Bolstr.
  • Mint, Manilla featured in Digital Trends list of 12 useful online services and apps for students.
  • Quantopian’s John Fawcett writes about the intersection of social media, algorithms, and the browser when it comes to investing.
  • American Banker takes a look at Credit Agricole’s CAStore.
  • Mobile Payments Today highlights PayConnect from PreCash in a column on mobile wallets and the payment 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.

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.

Finovate Alumni News– July 23, 2013

  • Finovate-F-Logo.jpgYodlee launches suite of solutions to give self-directed investors a full picture of their wealth and investments in one place.
  • Forbes lists Narrative Science as 1 of 5 exciting tech companies you’ve probably never heard of.
  • Huffington Post features Personal Capital, Mint, and Manilla as tools to organize finances.
  • First Federal Bank and United Community Bank have selected Fiserv’s DNA account processing platform.
  • Commerce Bancshares extends use of Alogent Payments Gateway from ProfitStars.
  • Thomsen Reuters announces availability of Checkpoint Pocket Assistant for the iPhone, free app for tax professionals.
  • Check to provide mobile bill pay to Desert Water Agency customers.
  • NYSE CIO Peter Leukert to lead FIS’s strategy and thought leadership team.
  • Technologies from Kalixa, DeviceFidelity, and MasterCard combine to bring moneto mobile wallet to the U.K.
  • VerifyValid partners with Deluxe to offer secure check payment solution to small businesses. See VerifyValid demo at FinovateFall in New York.
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– July 18, 2013

  • Finovate-F-Logo.jpgPennsylvania-based First National Community Bank selects a core banking system from Fiserv.
  • Check Point Software launches 13000 Appliance solution set for high-performance data center cyber security.
  • Accounting and advisory firm William Buck and Xero partner to offer clients Xero as accounting solution of choice.
  • eToro releases Stockwatch for Android.
  • StreetFight Magazine features case study of ShopKeep POS use in cupcake bakery.
  • IntelliResponse announces VAR partnership with Australia-based BolderView.
  • SeedInvest CEO Ryan Feit talks with the Street.com about the effect of fund advertising rule changes on crowdfunders.
  • Built in Chicago blogger profiles Pangea Payments and the trillion dollar remittance market.
  • 2013 Payment Hub report names ACI Worldwide “Best in Class” in payments capability.
  • InComm Launches Pre-Top to Expand Availability of Prepaid Solutions.
  • TransferWise featured in American Banker column on the growing online/mobile payments business. 
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.