Alumni News– August 8, 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.jpgTransferWise earns a spot on Wired UK’s list of the “100 hottest start-ups” in Europe for 2014.
  • TMC Net takes a look at CU of America’s deployment of mobile banking solutions from Malauzai Software. See Malauzai at FinovateFall 2014 in New York.
  • First Access Funding Corporation to deploy loan origination system (LOS) from defi SOLUTIONS.
  • MasterCard Indonesia launches e-commerce initiative.
  • Intuit acquires PaySuite, bringing cloud-based payroll services to Quickbooks.
  • American Banker: Authentify introduces extension of xFA called Smart Choice to determine authentication mechanisms the user’s device has access to.
  • Cachet Financial Solutions and Contact Solutions bring Mobile Customer Care to Prepaid Clients.
  • CNBC looks at how LearnVest, Tuition.io, and ReadyForZero are making student loan payback easier.
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 4, 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.jpgOink adds payment solutions provider Merchant e-Solutions to its Channel Partner program.
  • American Banker takes a look at Credit Karma’s plan to provide free, weekly credit reports to its 25+ million members.
  • Allied Payment Network announces 99.2% read success rate when processing payments via PicturePay.
  • Intuit to acquire tax filing software startup, KDK Software.
  • MorningStar’s Christine Benz interviews MaxMyInterest founder, Gary Zimmerman. See MaxMyInterest at FinovateFall 2014 in New York.
  • EZBOB reports boost in client volume.
  • Wall Street & Technology talks gamification and compliance training with True Office.
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.

Coinbase Integration Brings Bitcoin Payments to Shopify Merchants

Coinbase Integration Brings Bitcoin Payments to Shopify Merchants
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If you’re a merchant on the Shopify e-commerce platform with a hankering to join the cryptocurrency revolution, then Coinbase has some very good news for you.

Thanks to a new integration of Coinbase’s technology, the more than 100,000 merchants that rely on Shopify to do business online will be able to start accepting payment in bitcoin as early as Tuesday.

The process involves setting up a Coinbase account, initiating the integration on Shopify, providing account credentials, and that’s it. Already on board are merchants such as Leap Motion, Soylent, and iOgrapher.
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Coinbase is a bitcoin payment processing and digital wallet platform that makes bitcoin transactions easier and safer. The company holds more than one million consumer wallets, and enables more than 28,000 merchants to accept payment in bitcoin. There are no fees charged for the first $1,000,000 in transactions, with merchants paying a 1% exchange fee beyond that amount. Coinbase’s most recent innovation, demoed at FinovateSpring in San Jose this year, is called Instant Exchange and helps remove exchange rate risk from bitcoin transactions.
Coinbase has had a busy first half of 2014. The company’s technology was integrated with Intuit’s PayByCoin in June. And Coinbase earned a spot on CNBC’s Disruptor 50 list shortly after announcing its acquisition of Kippt in May.
Founded in 2012 and headquartered in San Francisco, Coinbase was co-founded by Brian Armstrong (CEO) and Fred Ehrsam (President).

Developers! Curious how Coinbase makes it easy for merchants to add bitcoin payment functionality to their businesses and apps? Learn more about Coinbase’s Bitcoin API here. And be sure to check out our FinDEVr page for updates on the first event for fintech developers.

Finovate Alumni News– May 16, 2014

  • Intuit buys Invitco to help bookkeepers put bill processing in the cloud.
  • SocietyOne, an Australian peer-to-peer lender, mulls entering NZ market, is talking with ‘multiple parties’.
  • miiCard graduates from SixThirty accelerator.
  • Swipely tops $2 billion in annual sales managed; launches Summer ’14 release.
  • Bermuda Commercial Bank picks the T24 core banking system, Model Bank, from Temenos.
  • FinSMEs talks about BodeTree with CEO and co-founder Chris Myers.
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– December 5, 2013

  • Finovate-F-Logo.jpgDwolla announces partnership with Fiverr by giving away free Fiverr gigs.
  • FinovateEurope 2014 Presenting Companies Revealed.
  • Intuit to Acquire Docstoc, Small Business Document Startup.
  • Better ATM Services rolls out reseller network and announces first agreement with Express Teller Services.
  • TSYS earns spot on the National Conference on Citizenship’s The Civic 50.
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– December 4, 2013

  • BBVA Compass announces launch of BBVA Research iPad app.
  • Bank Innovation column on fintech in Israel features TipRanks and Payoneer.
  • Emida launches Handset and SIM Programs.
  • BancVue and other Credit Unions Help U-Haul Refinance Corporate Debt.
  • Prosper’s daily average loan originations grew almost 10% in November over October.
  • The Next Web reports: PayPal launches a digital gift store, featuring Apple as its sole launch partner.
  • City of Gig Harbor Launches on doxo; More than 5% of Residents Go Paperless in the First 90 Days.
  • Forbes: Kabbage Now Uses Square Data to Provide SMB Funding.
  • Mint is now available on Windows 8.1 and Windows Phone 8.
  • btcQuick Bitcoin Exchange working with miiCard to mitigate fraud.
  • EyeVerify interviewed on The Kansas City Power Lunch radio program.
  • IntelliResponse wins bronze in Best in Biz Awards’ Most Innovative Product of the Year category for 2013.
  • Intuit to purchase document startup company, Docstoc.
  • American Banker features Zaydoon Munir, founder of RevolutionCredit.
  • ACI Worldwide adds new executives, open new South American HQ in Sao Paolo, Brazil.
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– November 20, 2013

  • Kabbage launches iPhone app out of test market.
  • PC Mag includes Dashlane on list of the 50 best free iPhone apps of 2013.
  • Financeit brings in $13 million in series A funding.
  • TSYS Director of Innovation Chris Colson talks about the launch of their Idea Center.
  • Intuit launches Apps.com, a small business app store, and an updated QuickBooks Online API.
  • FIS to power Bharatiya Mahila Bank Ltd., the first women-focused public sector bank in India.
  • Fiserv wins top honors at Mobile Money Global and Mobile Excellence Awards with Popmoney P2P payments service.
  • TechCrunch reports that Google Wallet customers will soon have the option of physical, prepaid Wallet cards.
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– November 8, 2013

  • Finovate-F-Logo.jpgadesso to sell & implement Backbase’s Customer Experience Platform in Germany, Austria & Switzerland.
  • ValidSoft announces appointment of Paul Burmester as CEO. Pat Carroll to assume role of Executive Chairman.
  • Fidor Bank expanding into Russia through a joint venture Life.Sreda.
  • Numbrs, Kofax make American Banker’s “Top 10 FinTech Companies to Watch” roster.
  • Intuit announces partnership with American Express to support receipt data integration to QuickBooks.
  • La Caixa launches social network for its investors, StockTactics.
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 31, 2013

  • Finovate-F-Logo.jpgIntuit to acquire FullSlate, an online scheduling company.
  • Boku partners with PassportParking, enabling consumers to pay for parking using their mobile number, and billed to carrier billing statement.
  • American Banker comments on the savings strategies of SaveUp, Betterment’s ImpulseSave, and Social Money.
  • FIS study reports: Customer engagement in real-time payments requires mobility and convenience.
  • CurrencyFair featured in prime time on Irish television news.
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.

John O’Malley Takes Helm as New Digital Insight CEO

Digital Insight announced this week that John O’Malley will serve as the fintech company’s new Chief Executive Officer. The new appointment is effective on November 1st.

O’Malley brings more than 30 years of experience in both financial services and financial technology. He was most recently CEO of Panini, a payment technology company. Previously, O’Malley served as chief executive officer for Memento and Harland Financial Solutions, where he was also President.

Formerly known as Intuit Financial Services, Digital Insight was acquired by Thoma Bravo this summer. Read our coverage of the billion-dollar deal here.

Digital Insight was one of our original alumni, presenting at the first Finovate in 2007. Video of the company’s presentation is available here.

Finovate Alumni News– September 25, 2013

  • Intuit integrates QuickBooks with Square’s POS products via an API deal.
  • Xpenditure selects miiCard certified digital bank statements for expanded and automated expense report verification.
  • SafetyPay and Paymentez partner to offer Latin American gamers a secure and seamless payment option.
  • TechCrunch reports: SumUp cuts 2.75% per transaction fee across Europe.
  • PYMNTS.com talks small business lending with MasterCard and the Entrepreneurial Finance Lab (EFL).
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.

Intuit Buys Tax Planning/Preparation Specialist GoodApril

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Founded in January. Launched in March (see their FinovateSpring 2013 demo). Acquired in August.

That pretty much sums up a very productive 2013 for online tax preparation/planning software company, GoodApril.

The company announced on Thursday that it had been acquired by financial services giant, Intuit, for an undisclosed amount. GoodApril had been scheduled to make their pitch at Techstars Boulder/Denver Demo Day when the news broke. Undaunted, the innovative startup made its presentation anyway, a presentation that must have seemed as much acceptance speech as elevator pitch.

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GoodApril’s Tax CheckUp solution allows users to anticipate and prepare for potential tax liability in the tax year to come. Headquartered in San Francisco, and having only three employees, the company bills itself as the tax software for “the other 364 days of the year.” Tax Checkup analyzes previous tax returns and makes recommendations over the course of the year to ensure that taxpayers pay only what is owed on Tax Day.
Intuit has already one popular product in the tax preparation software market, TurboTax. However, like most tax preparation software packages, TurboTax is designed to help taxpayers prepare tax returns for previous years. Good April’s forward-looking approach gives taxpayers a chance to make potentially money-saving changes before it’s time to file.