Finovate Alumni News– November 11, 2011

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  • Social Times hosts BillGuard as it shares its elevator pitch. Asks: Is it the next big thing? 
  • Business Insider interviews Ben Milne from Dwolla & shares how its frustrating credit card companies.
  • Lighter Capital reacts to fraud, implements fraud prevention.
  • Bloomberg reports SecondMarket gets lobbying win in gridlocked congress.
  • Prosper gives military families their second loan payment free when they get a loan via Prosper.
  • Vinod Khosla, founder of Sun Microsystems and Khosla Ventures, places BillGuard on his “Cool Dozen” list.
  • Weemba plays matchmaker For borrowers.
  • Personal Capital launches daily news service.
  • Planwise launches financial planning tool beta.
  • Tech Cocktail interviews HelloWallet CEO Matt Fellowes.
  • Pilot of the new Zecco Trading Center has begun.
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, 2011

  • Thumbnail image for Thumbnail image for Finovate-F-Logo.jpgSouth Florida Business Journal covers Weemba’s borrower-lender matching service.
  • Deutsche Well World profiles eToro and also highlights Currensee and Zecco.
  • Expensify launches a lite version of its iPhone app.
  • RobotDough announces its Portfolio Monitoring Tool & discusses its FinovateFall experience.
  • NBC 12 in Virginia reports InComm named Leading Prepaid Organization and Best Prepaid Product Distributor at 2011 Prepaid Awards.
  • FierceFinanceIT looks at how Zecco and TradeKing are using social media.
  • On Deck Capital reviews its experience at BAI.
  • Fox Business News looks at PayNearMe’s quest to assist consumers without credit cards.
  • HelloWallet launches feature that allows users to manually add transactions.
  • Spectrem’s Millionaire Corner blog profiles Bills.com.
  • Pageonce launches Mobile Bill Pay Service that allows consumers to “Tap to Pay.”
  • American Banker on how four Finovate alums unwrap the payments genome.
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 19, 2011

  • Thumbnail image for Thumbnail image for Finovate-F-Logo.jpgMyBankTracker.com covers the FinovateFall Best of Show videos.
  • American Banker discusses the effects that PayPal and BankSimple will have on bank branches.
  • InComm named Leading Prepaid Organization and Best Prepaid Product Distributor at 2011 Prepaid Awards.
  • Dynamics wins Best of Show at 2011 BAI Retail Delivery Conference for its next-gen magnetic stripes.
  • Des Moines Register reports that Ben Milne, Dwolla CEO is to present at the Thinc Iowa event.
  • T8 Webware to provide Call FCU with a custom website.
  • A+FCU launches BillShrink: Statement Reward.
  • Prosper provides even better rate discounts for repeat Prosper borrowers.
  • BillGuard receives $10 Million in Series B funding.
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.

InComm and CorFire Bring a Tailored Mobile Wallet Experience

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Next this morning, InComm demonstrated its platform that enables retailers to directly involve themselves in the consumer experience:

“InComm’s innovation is a mobile commerce platform that will deliver promotion, loyalty, and general payment solutions to national merchants and their customers. This will differ from other mobile wallet platforms in that the solution will tailor to the retailer’s needs, providing a merchant-branded environment and thus, the ability to be directly involved in the consumer’s wallet experience. 

When combined with loyalty and gifting, merchants will have a fully functional application that simplifies the consumer’s life, reducing the need for magnetic swipe technology and harboring next generation technologies such as near field communication.”

Product Launched: TBD, but likely Nov. 2011 

HQ Location: Atlanta, GA 
Company Founded: 1992 
Metrics: $13 billion in retail transactions in 2010, More than 40 percent growth year-on- year in most product categories, More than 225,000 integrated retail locations, Available on five continents, 28 countries, 1,400 employees, 74 worldwide patents, unique monthly visitors: 6,825
Website: incomm.com
Presenting Dustin Young (VP Product Strategy) & John Anderson (VP E-Commerce & Mobile)

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