The FinTech 100, a list of the top revenue-grossing fintech firms, was announced Wednesday at BAI Retail Delivery.
Jack Henry
Finovate Alumni Website Traffic in July
- Seeking Alpha had the most traffic in July with more than 2 million unique visitors.
- eToro saw the highest monthly growth percentage with 3 times the number of unique visitors in July compared to June.
- Bundle had the highest increase in number of unique month-over-month visits, with 450,000 more visitors in July than in June.
- eRollover had the highest percent year-over-year traffic increase, with 260,000 more visitors from last July.
- PayPal had the highest number of U.S. visitors in July, with more than 30 million visitors.
- Jack Henry & Associates saw the highest monthly growth with twice as many visitors in July than June.
- Wipro Technologies had the highest year-over-year growth, with 3 times as many visitors this year compared to last year.
- FIS Global and Online Resources also doubled their traffic compared to last year.
PayPal and Cortera Take Charge in May’s Web Traffic
Each month we survey the Web-traffic performance of our alums, using data from Web-analytics company Compete to review the sites they operate.
Out of 255 alumni, 62 (24%) had more than 10,000 unique U.S. visitors in May 2011 (see tables below). Of the 62 reviewed, 25 (40%) had fewer visitors than in the previous month and 28 (45%) saw a decline year-over-year.
Private Companies
The 44 private companies are as follows:
Notable successes:
- Cortera saw the highest number of unique U.S. visitors in May, with almost 2 million hits.
- HelloWallet experienced the greatest month-over-month growth, with more than four times as many visitors.
- Betterment saw its traffic increase an impressive 38 times from May of last year.
Private Finovate Alumni With More Than 10,000 Unique Visitors in May 2011
Source: Compete.com retrieved June 29, 2011
Public Companies
The 18 public companies are as follows:
Notable successes:
- PayPal experienced the highest number of U.S. visitors in May, with over 32 million visitors.
- TransUnion Interactive saw the highest month-over-month growth with more than two times the number of visitors in May than in April.
- Sybase 365 experienced the highest year-over-year growth, with its traffic up almost 80% from last year.
Public Finovate Alumni With More Than 10,000 Unique Visitors in May 2011
Source: Compete.com retrieved June 29, 2011
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Notes:
1. We reviewed 255 unique sites. Data was unavailable or irrelevant for 201 sites because:
- They had been acquired.
- They were no longer available online.
- They were not covered by Compete for various reasons (including some that were not U.S. domestic companies).
- The number of unique visits was too small to be considered accurate.
- They were subdomains of larger websites.
2. Numbers have been rounded to three significant digits.
3. The charts include companies that did not have measurable traffic in May 2011, indicated by “N/A.”
4. Compete draws its information from the online activity of a panel of more than 2 million U.S. Internet users. It is only an estimate of traffic, and may undercount at-work usage.
FinovateFall 2010 Demo Videos Now Available
We’re pleased to announce that the demo videos from FinovateFall 2010 are now available for free download (or immediate consumption) from the Finovate archives.
This fall’s NYC conference showcased 56 handpicked companies doing 7-minute demonstrations (no slides allowed) of their latest technology innovations to a sold-out audience of 650 financial & banking executives, venture capitalists, press, analysts and entrepreneurs.
Check out these cutting-edge ideas in financial, banking, payments, mobile, lending, investing and security technologies today for inspiration and your next edge on the competition!
(P.S. If you’re interested in joining us at the next Finovate event, tickets are now on sale for FinovateEurope (Feb, 1, 2011 in London). It is going to be an amazing showcase of European and global fintech innovation!)
Eric Mattson is CEO of Online Financial Innovations, the parent company of NetBanker, Online Banking Report and the Finovate Conference Series. He can be reached at [email protected].
FinovateFall 2010 Demo Lineup Revealed
We’re very excited to reveal the 56 cutting-edge companies that have been selected to demo their latest technology innovations on October 4 and 5 in New York City at FinovateFall.
Over the show’s two days, attendees will get to watch the future of fintech and banktech unfold on stage via fast-paced demos (28 each day) from these innovators. And then have a chance to interact with top executives from each of the demo companies during intimate networking sessions.
Without further delay, here’s the list of companies we’re excited to showcase:
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If you’re interested in attending the conference, registering now will save you $100 on your ticket via the early-bird discount and reserve your spot (space is limited and we’re expecting to sell out). We’ll see you in New York!
Eric Mattson is CEO of Online Financial Innovations, the parent company of NetBanker, Online Banking Report and the Finovate Conference Series. He can be reached at [email protected].
Jack Henry Unleashes 23 Mobile Banking Apps Into the iPhone App Store in April
We’ve been closely tracking mobile apps. In the 21 months since Apple opened its App Store, 77 U.S. financial institution added apps, about four per month (see our latest report for more info).
Then last week, 18 new bank apps appeared. And they all shared a certain, shall we say utilitarian, look (see below). Turns out they are pushed out by Jack Henry for its NetTeller clients. While they won’t win any design awards, it’s good to be in the app store.
In total, Jack Henry now has 24 clients represented in the store. All but one, Ohio Valley Bank, were added in April (see table below).
We can now officially report there are more than 100 U.S. financial institution in the iTunes App Store. Just 10,000+ more to go.
Bank | Service Name | Date |
Ohio Valley Bank | – | 2 Feb 2010 |
Bank of Brookhaven | goDough | 2 April 2010 |
Valley View Bank | Mobile Banking | 2 April 2010 |
Ohio Valley Financial Group | goMobile | 5 April 2010 |
Alpine Bank | Mobile Banking | 16 April 2010 |
American National Bank of Texas | Mobile Banking | 16 April 2010 |
First Dakota National Bank | eMobile Banking | 16 April 2010 |
First Fidelity Bank | Mobile Banking | 16 April 2010 |
First National Bank of the Rockies | FNBR Mobile | 16 April 2010 |
First State Community Bank | FSCB Mobile Banking | 16 April 2010 |
Bank of Granite | Granite Mobile Banking | 16 April 2010 |
Institution for Savings | goMobile Banking | 16 April 2010 |
Lone Star National Bank | LSNB Mobile | 16 April 2010 |
Mascoma Savings Bank | Mobile Banking | 16 April 2010 |
Susquehanna Bank | Mobile Banking | 17 April 2010 |
Simmons First Bank | Anywhere | 17 April 2010 |
Northway Bank | Mobile Banking | 17 April 2010 |
State Bank of Lizton | Mobile Banking | 17 April 2010 |
Stonegate Bank | Mobile Connect | 17 April 2010 |
Texas Bank and Trust | TBT gomobile | 17 April 2010 |
The Bank of Elk River | eMobile Banking | 17 April 2010 |
Western National Bank | Mobile Banking | 17 April 2010 |
The Bank of Miami | TBOM Mobile | 17 April 2010 |
Pendleton Community Bank | yourbank2go | 17 April 2010 |
Westerly Community Credit Union | WCCUmobile | 21 April 2010 |
Source: AppShopper.com (data drawn from iTunes), 22 April 2010
The two screenshots posted for Western National Bank’s iPhone app, powered by Jack Henry (26 April 2010)
Pitney Bowes Goes After Remote Deposit Capture Market with Email to Postage-Meter Clients
Pitney Bowes (PB) hit me with a cross-sale message this morning, and surprisingly it was for a banking service, remote deposit capture (see email below). Because we already do ACH transactions through PB to load our postage meter, it’s something I would consider buying from them, especially since our business bank does not offer RDC.
The service called Click Deposit (note 1) works with any bank or credit union checking account and is powered by Jack Henry ProfitStars. The cost runs $39.95 to $149.95 per month, depending on volume. You get up to 150 monthly scans at the lower level and 1,000 at the high end. Buyers must sign a nine-page contract (PitneyBowes_RDC_app.pdf), committing to the service, and leased scanner, for 36 months.
Because I don’t want to lock us in at $500/yr for three years, I think we’ll pass on this deal. Hopefully, we’ll be able to tap a lower-cost iPhone-based service in the near future, such as that offered by WV United FCU (see previous post).
Email from Pitney Bowes (22 July 2009, 9:36 AM Pacific)
Landing page (link)
Note:
1. Although, Jack Henry announced the relationship in May (press release), I found no mention at the main Pitney Bowes site (pb.com) or the services site (pitneyworks.com), so this may be a marketing test.