Finovate Alumni News– December 18, 2012

  • Thumbnail image for Thumbnail image for Thumbnail image for Finovate-F-Logo.jpgDwolla launches the ability to send money over Twitter.
  • Planwise launches free online tool that’s like Google Maps for your money to visualize your future spending.
  • Intuit-owned Mint to collaborate with Monitise to enhance banks’ mobile apps with Mint functionality.
  • InComm buys majority stake in Adility. Financial terms have yet to be announced.
  • Equity Administration Solutions collaborates with SecondMarket so clients can more easily manage shareholder information.
  • PaySimple named Red Herring Global Top 100 winner.
  • Wonga launches PayLater, a service that offers users financing deals on online purchases with certain retailers.
  • BellaDati opens first international office in Seoul.
  • Experian announces IntelliView, a web-based query, analysis and reporting tool that gives 24-7 access to quarterly consumer credit data.
  • Diversinet’s mobiSecure SDK to power ultra-secure messaging in AirStrip Technology’s mHealth application.
  • Acculynk’s Payzur heads west as Washington credit union offers P2P service to members.
  • Long-term payments agreement announced between TSYS and Merrick Bank.
  • Bible Money Matters takes a closer look at the merger between Zecco and TradeKing.
  • BillFloat to provide handset financing options for MetroPCS customers.
  • Virtual Piggy signs agreement with CardinalCommerce to integrate its youth payment tech into their Centinel Universal Merchant Platform through Cardinal.
  • TechCrunch reports Concur to use Nor1’s eStandby Upgrade tech to make hotel offers available to their business travel customers via TripIt.
  • Simple shows off Android app teaser on Twitter and Facebook. The app to launch early next year.
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 11, 2012

  • From online to the desktop, Bill.com is now fully integrated with Quickbooks.
  • Thumbnail image for Thumbnail image for Finovate-F-Logo.jpgFIS announces deal with VW Credit for North American loan and lease processing.
  • New team at Capital Acess Network to build online lending engine, CapTap.
  • MasterCard launches ‘cash electronification’ service rePower in Europe.
  • Monitise and Intuit partner to bring Mint to financial institutions.
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 29, 2012

  • Thumbnail image for Thumbnail image for Thumbnail image for Finovate-F-Logo.jpgMetaforic unveils Latest Software Protection Technology.
  • Monitise in talks to raise up to 100 million pounds ($160 million USD).
  • miiCard launches online identity trust challenge for Scotland’s university students.
  • American Banker looks at My Community FCU’s experience with MoneyDesktop.
  • Zopa exceeds a quarter of a billion pounds ($400 million USD) in P2P loans.
  • Forbes reports that Corduro is seeking to raise $10 million in series B funding.
  • Pageonce adds File Cabinet, Scheduled Payments to improved Money & Bills app.
  • Epson expands global deployment of Bazaarvoice platform.
  • Matchfund wins place in Yodlee Interactive Incubator Program.
  • Experian announces renewed data, analytics deal with Hitachi Capital UK.
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 30, 2012

  • Cortera to open new office in Boston.
  • American Banker reports Mitek Plans Driver’s License Authentication, Mobile Pay Software.
  • The Next Web reports Braintree and LightSpeed team up to launch new payment plan for merchants.
  • Finovate takes an in-depth look at Manilla’s account management platform.
  • Emida partners with Global Business Services and The Mint Corporation.
  • The Currency Cloud raises $1.9 Million.
  • The WSJ takes LearnVest for a test drive.
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, 2012

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  • PayPal Starts Selling PayPal Here at AT&T Stores, Teams Up with MoneyGram.
  • Finextra reports Clear2Pay and Backbase join forces on customer experience.
  • Forbes looks at Dwolla’s business model.
  • Equifax partners with Lender Processing Services.
  • CU Insight covers DigitalMailer.
  • CNBC interviews Alastair Lukies, Monitise CEO and co-founder.
  • Xconomy lists peerTransfer as 1 of 5 startups to watch.
  • CU Broadcast chats with Mitek’s Daniel Simon.
  • American Banker features BankersLab’s CollectionLab.
  • peerTransfer First to Help Chinese International Students Pay in Renminbi.

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 Updates from BAI Retail Delivery 2012

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Last week, I attended BAI Retail Delivery in Washington D.C. where over 200 exhibitors lined the trade show floor of the Walter E. Washington Convention Center.

There were 31 Finovate alums on the expo floor, and even more in attendance. My schedule was packed, but I was able to catch up with a handful of Finovate alums.

Here’s what I learned.

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The card-linked offers company is in the middle of a successful mobile deployment effort with BofA, PNC, Regions, and a few other unnamed FIs. After launching their respective rewards programs on mobile, the FIs have seen an increase in user engagement and an increase in the number of online banking visits per user.

It is also working on International expansion. So far the top 3 European card issuers have signed.

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BofA’s BankAmeriDeals on tablet interface


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BofA’s BankAmeriDeals on iPhone mobile app

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The consumer credit reporting agency recently launched its Insight Score for Retail Banking, a solution that will help FIs generate a risk score for underbanked individuals with no credit data or history. It does this by using non-FI-related payment data from companies like Telco and other TV and cable providers.

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The fintech provider showed me its SpotPay payment dongle and back-end solution. It appears to be Fiserv’s response to Square that it will co-brand with FIs. Fiserv is able to on-board FIs with SpotPay in a couple of days, so it is a quick way for FIs to get into the payments game. 
While there is an $8.95 per month fee, it is competitively priced, charging only a 1.99% fee on a swipe, and a 3.19% fee on card-not-present transactions.

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Fiserv’s SpotPay dongle being used on an iPhone

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Because volume and sophistication of fraud has grown, Guardian Analytics started bank-sourcing (think crowdsourcing) fraud by bringing multiple institutions together to collaborate on the types of fraud they’re seeing so the whole industry will be better at fighting it. Tiffany Riley, Guardian Analytics’ VP of marketing tells me they’ve received positive feedback so far.

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Mobile banking solutions company, mFoundry launched its Fin.X platform. This platform can be thought of as a type of app store for FIs to select which products/services they want to include in their mobile app. 
At BAI, mFoundry announced partnerships with Blackhawk Network, Dwolla, and Micronotes 
to white-label their solutions within the Fin.X platform.
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An example of what the Fin.X app platform could look like on a tablet

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The PFM won CUNA Tech Council’s Best of Show Award at BAI. This counts as its 5th Best of Show award.
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MoneyDesktop team with BAI President & CEO, Deborah Bianucci

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After the mobile money solutions company acquired Clairmail 3 months ago, Monitise now has 17 million active users. It is in trials of an NFC solution with a few banks. The solution uses a sticker as opposed to a chip inside of the actual device.

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The electronic banking solutions provider launched Q2clarity, a tablet-optimized dashboard that provides customizable analytics and visibility to how customers are using an FI’s mobile and online platform. Providing these metrics to a branch manager, gives them the ability to make more informed decisions about which products and services to offer.
These eight companies are just a fraction of what I saw at BAI this year. For more information on who attended the trade show, visit here.

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Finovate Alumni News– October 15, 2012

  • Thumbnail image for Thumbnail image for Thumbnail image for Finovate-F-Logo.jpgTradeshift announces strategic partnership with PrimeRevenue SCF.
  • Thomson Reuters launches mobile web app for investor relations.
  • CashStar and Comet launch UK’s first comprehensive eGift card program.
  • PaySimple appoints former PayPal employee Andrew Lanthier as CTO.
  • Upstart Business Journal looks at the approach Kabbage and Lighter Capital take on small business financing.
  • Q2ebanking introduces Q2clarity, customizable analytics across mobile, online and security platform.
  • Barron’s recommends using findabetterbank.com to cut bank fees.
  • City AM reports Monitise user numbers quadrupled in the last year to 17m.
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 12, 2012

  • Thumbnail image for Thumbnail image for Thumbnail image for Finovate-F-Logo.jpgIDentity Theft 911 to offer Humana members ID management & credit monitoring services.
  • ThreatMetrix honored as bronze winner in the 4th annual 2012 Golden Bridge Awards.
  • Euromoney looks at SoMoLend as a funding alternative.
  • ReadyForZero answers questions about debt on Lifehacker.
  • Geezeo opens API to third party developers.
  • Monitise CFO John Brougham retires.
  • Finsphere issued 4th patent.
  • TIO transforms bill pay options for growing Hispanic marketplace through partnership with Progreso Financiero.
  • Arroweye Solutions’ digital tech powers growth at GiftCard.com.
  • Allied Wallet partners with Swedish e-commerce payment services provider Klarna.
  • Janrain and Bazaarvoice team to enhance social shopping experience via social login.
  • Pageonce and Blackstone Tech Group partner to bring utility companies a mobile payment option for customers.
  • Idaho Central CU launches RDC powered by MShift.
  • MyBankTracker reports Fifth Third Bank Statements Now Available on Manilla.
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 4, 2012

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  • UPS Store launches small biz solutions portal, Kabbage to join group of service providers.
  • Cognizant and Monitise form mobile money alliance to help global FIs capitalize on mobile money opportunity.
  • Credit Union National Association reports: 150+ CUs sign up for Mitek mobile deposit.
  • PYMNTS reports Doxo puts new spin on QR codes, mobile payments.
  • PC Magazine profiles BellaDati. Come to FinovateAsia to see its live demo.
  • IDTheft 911 covers more than 17.5 million households (more than 45 million individuals) and more than 600,000 businesses in U.S. and Canada.
  • Fast Company examines how Dwolla works.
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 3, 2012

  • Thumbnail image for Thumbnail image for Thumbnail image for Finovate-F-Logo.jpgZoo names baby monkey after Kasasa.
  • Tradeshift announces interoperability agreement with OFS Portal.
  • VentureBeat profiles BellaDati. Come see BellaDati demo at FinovateAsia.
  • Deposit Accounts looks at Kasasa’s checking rewards.
  • Monitise teams up with eMerit Solutions to develop mobile payment opportunities for businesses.
  • ProfitStars introduces Gladiator Advanced Malware Protection.
  • miiCard opens API to First Global Trusted ID as a service platform.
  • Lending Club to use Oracle ERP cloud service.
  • VentureBeat reports Xero brings its accounting software to Android.
  • PYMNTS News reports: Compass Plus helps Quipu achieve 100% service availability.
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 2, 2012

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  • InComm celebrates 21 years in the payments industry.
  • Backbase introduces My Backbase, a platform supporting integrators, partners, professionals, prospects and customers.
  • ID Analytics and iovation partner to fight online fraud.
  • Yodlee strengthens management team with three key executives.
  • The Financial Brand features SaveUp’s saving gamification model.
  • Monitise announces partnership with eMerit Solutions.
  • Fenergo enhances FATCA Compliance Solution with auto-classification.
  • Cortera appoints Gary Brooks as Chief Marketing Officer.
  • Entrepreneur Magazine features the success of a business recieving financing through Lighter Capital.
  • Geezeo signs Riverside Community CU.
  • TechCrunch reports: Braintree eases signup process for developers
  • Money Marketing takes an in-depth look at FinovateFall demos.
  • MyBankTracker reports MoneyDesktop launches Sleek Mobile Apps.
  • New Dutch bank uses Figlo Platform to offer online financial overview.
  • Citi using Statement Rewards from Truaxis to bring card linked offers to cardholders.
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– September 4, 2012

  • Thumbnail image for Thumbnail image for Thumbnail image for Finovate-F-Logo.jpgFenergo launches new online FATCA Self-Certification Tool for W-8 and W-9 form collection.
  • ABABanking Journal profiles Guardian Analytics.
  • Geezeo signs Commonwealth and General.
  • Bank of China (Hong Kong) and Monitise form partnership.
  • Visible Banking interviews Matthias Kroener, Fidor Founder and CEO.
  • Social Lending Network reports: Lending Club cracks $70 mil, Prosper has a down month.
  • North Bay Business Journal lists mFoundry and Monitise as fast growing tech companies in 2012.
  • American Banker reports Pacific Continental switches to Q2ebanking as business app provider.
  • Tykoon and LearnVest host contest to help families get money smart.
  • Leadfusion extends aid to financial institutions struggling to respond to the latest serious Java security threat.
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.