Finovate Alumni News– May 1, 2013

  • Finovate-F-Logo.jpgNewfination interviews Waspit’s CMO, Kasey Kaplan, to discuss how the service is helping students manage their money.
  • The National Business Review looks at Yodlee’s aggregation.
  • Prosper sees best month for loan originations, reaching $20.2M in loans for April, & $500M since inception.
  • PC Mag recommends using Dashlane as a password manager.
  • StreetInsider takes a look at Finect’s public beta launch. Join them for FinovateSpring in San Francisco.
  • Directions Magazine interviews Locaid CEO Rip Gerber on geofencing. See Locaid demo at FinovateSpring in May.
  • IntelliResponse wins 2013 CRM Excellence Award from CUSTOMER magazine. See them demo at FinovateSpring.
  • OneID chief security officer Jim Fenton weighs in on two-factor authentication. See them demo at FinovateSpring.
  • ASTD.org puts Kashoo at the top of its list of “must-have” small business apps.
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.

FinovateSpring 2013 Sneak Peek: Part 3

FinovateSpring13Logo.jpg

This is the third part in our continuing Sneak Peek series that gives a glimpse into what each company will demo live on stage at FinovateSpring.

Don’t miss part 1 and part 2 published earlier this month. 

See the full demos live at FinovateSpring next month. Get your ticket here

_______________________________________________

Better ATM Services’ groundbreaking technology enables ATMs to dispense new, flexible prepaid cards just like cash, opening the world’s fleet of 2.3 million ATMs to the prepaidBetterATMLogo.jpg marketplace.

Features:

    • Visa and others are adopting this new distribution channel
    • Consumers love the 24/7 convenience of ATMs for prepaids
Why it’s great: Financial institutions can recapture 50%+ of customers now going elsewhere for prepaids, increasing their share of the $549 billion prepaid market.

BrightFundsLogoSm.jpg

Bright Funds is a solution for effective charitable giving management, combining the sophistication of investing with the intuitive, engaging experience of modern web services.
Features:
    • The Bright Funds Charitable Giving Portfolio
    • The Bright Funds Impact Timeline
    • Bright Funds Public Profiles for Giving
Why it’s great: Bright Funds brings an investment approach to charitable giving.

FamZooLogo2Large.jpg

FamZoo’s online family banking system helps parents teach kids good money habits.
Features:
    • Family pack of affordable, widely accepted prepaid cards
    • Integrated family finance tools build good habits
    • Co-branded option delivers targeted offers
Why it’s great: FamZoo solves the “kids and money” problem for parents: prepaid cards that work together, not alone.

IntuitLogo.jpg

Intuit delivers banking software and technology solutions for financial institutions.
Features:
    • Gives banks better insight to serve customers
    • Blurs lines between PFM/banking 
    • Learn what Mint has in store for personal business
Why it’s great: Intuit now offers the best PFM solution for all users – whether it is through Mint.com or financial institutions.

LeapScoreLogo.jpg

LeapScore is financial advice for the rest of us.
Features:
    • Tailored help and advice for each individual
    • Empowers people to take more control over finances
    • Sets meaningful goals
Why it’s great: a comprehensive score that, for the first time, represents “who” you are financially.

MicroStrategyLogo2.jpg

MicroStrategy provides online banking without usernames or passwords, instant identity validation over the phone: Usher radically changes the way IDs, cards, and keys are issued and carried.
Features:
    • Mobile phone-based digital credentials
    • Multi-factor verification including voiceprints
    • Secure out-of-band authentication
Why it’s great: Usher: an extraordinary array of identity-management services that reduce fraud, protect identities and improve customer experience.
MoneyDesktopLogo.jpg

MoneyDesktop redefines the way millions of people interact with their finances by developing technologies that drive financial engagement between account holders and financial institutions.
Features:
    • Leverage aggregated PFM user data 
    • Segment and target your user base
    • Increase conversion rates and loan volume
Why it’s great: Insight and Target provide financial institutions with a groundbreaking new way to market and drive adoption of their most valuable services.
OneID eliminates the need for usernames and 

OneIDLogo.jpg

passwords, while delivering a secure, compliant identity system that’s easy for your customers to use.

Features:
    • Secure, one-click login with no password
    • Customizable two-factor authentication
    • Easy cross-selling with automatic form-fill
Why it’s great: Convenience of one-click login. Security of public key cryptography. Flexibility to meet financial institutions’
needs. Identity as it should be.

QuantopianLogo.jpg

Quantopian is the world’s only browser-based algorithmic trading platform, democratizing finance by reducing barriers to entry and providing quants the tools and support needed to profit from their ideas
Feature:
    • Combines historical data, algo simulation, live market data, brokerage integration and algo development into a simple workflow
Why it’s great: Allows quants to put their ideas and algorithms to work and profit from them with the click of a button

RefundoLogo.jpg

Refundo is designed to revolutionize the way people do banking and extend mainstream banking advantages to underbanked and unbanked communities across the nation.
Features:
    • Open an FDIC-insured bank account in seconds using your smartphone. 
    • Send money to your friends and family quickly and securely.
Why it’s great: Finally a new way to manage your money. And by new, we mean better.


YandexMoneyLogo.jpg

Yandex.Money’s Twym is a quick and convenient way to send money via Twitter.
Features:
    • Easy-to-use interface for collecting money
    • You don’t have to leave Twitter
    • Other users can repeat payments in one click
Why it’s great: Twym makes transferring money simple and fun.

YseopLogo.jpg

Yseop’s artificial intelligence software writes just like a human being, but at a speed of over a thousand pages per second and in multiple languages.
Feature:
    • Yseop boosts the productivity of your business teams by automating the delivery of best practices and personalized expertise.
Why it’s great: Yseop creates a new age where financial services delivered to customers are driven by artificial intelligence and human collaboration.
_____________________________________________________________
For more information on being a part of FinovateSpring 2013, see our FAQ. To register, visit out FinovateSpring page here.

Nineteen Finovate Alums Win 2013 PYMNTS.com Innovator Awards

InnovationProjectIMG.jpg

PYMNTS.com, a website owned by Business Wire and Market Platform Dynamics, recently published the winners of the 2013 Innovator Awards.

Three Finovate alums were selected as overall Best in Show winners:

First place: Pangea Payments

  • Innovation: A new way to send money anywhere, at a flat fee, instantly, leveraging the prepaid rails.
  • Finovate demo: Will demo at FinovateSpring 2013 in May 14 & 15
Second placeWaspit 
  • Description: Combining mobile payments with social media channels to empower and inform the user in everyday purchases.
  • Finovate demo: FinovateFall 2012
Third placeLeaf
  • Description: Small business payments solution
  • Finovate demo: Will demo at FinovateSpring 2013 in May 14 & 15

In addition, five Finovate alums took home Gold awards, five won Silver awards, and seven were awarded in the Bronze category. Here is a summary of all of the winners:

Gold

    • Category: Most innovative
    • Innovation: PayPal POS Initiatives that leverage its worldwide digital wallet accountholder base.
    • Finovate demo: FinovateEurope 2012
    • Category: Best credit
    • Innovation: The consumer’s advocate for demystifying credit with a range of tools and information resources to help them monitor and manage their financial health.
    • Finovate demo: FinovateStartup 2009
    • Category: Best B2B innovation
    • Innovation: Online working capital for small businesses.
    • Finovate demo: FinovateEurope 2013
    • Category: Best SMB innovation
    • Innovation: Small business payment platform integrated with Quickbooks.
    • Finovate demo: Finovate 2009
    • Category: Best innovation via ACH
    • Innovation: Cash flow management, accounts payable/ receivable management platform
    • Finovate demo: FinovateSpring 2011
Silver
    • Category: Most invisible
    • Innovation: Platform-as-a-Service that powers POS 2.0 commerce solutions.
    • Finovate demo: FinovateSpring 2012
    • Category: Best credit
    • Innovation: Offers consumers “more time to pay” their bills on time to help avoid late fees, overdraft charges, service termination and high cost loans.
    • Finovate demo: FinovateSpring 2011
    • Category: Best cash
    • Innovation: Enables consumers to shop online and pay with cash easily for a wide range of goods.
    • Finovate demo: FinovateSpring 2011
    • Category: Best SMB innovation
    • Innovation: Cloud-based, small business platform that integrates invoicing and payment acceptance in one system.
    • Finovate demo: FinovateSpring 2012
    • Category: Best comeback
    • Innovation: Alternative business financing that helps businesses tap into the capital it needs to run the business.
    • Finovate demo: FinovateEurope 2011
Bronze
    • Category: Most disruptive
    • Innovation: Mobile checkout service that enables one touch payments across multiple applications.
    • Finovate demo: FinovateSpring 2011
    • Category: Best technology
    • Innovation: OneID lets people sign in without usernames and passwords, yet delivers authentication solutions with non-repudiation, keeping both people and businesses safe from today’s biggest identity and personal information threats.
    • Finovate demo: Will demo at FinovateSpring 2013 in May 14 & 15
    • Category: Best newcomer
    • Innovation: Aggregates financial account information and allows users to manage their money in one place, online or with a mobile device.
    • Finovate demo: FinovateSpring 2012
    • Category: Best credit
    • Innovation: Brings together investors with creditworthy borrowers to reduce the cost and complexity of traditional lending.
    • Finovate demo: Finovate Startup 2009
    • Category: Best debit
    • Innovation: Reinventing personal banking with modern online and mobile experiences, no surprise fees, and great customer service.
    • Finovate demo: FinovateFall 2011
    • Category: Best prepaid
    • Innovation: A new way to send money anywhere, at a flat fee, instantly, leveraging the prepaid rails.
    • Finovate demo: Will demo at FinovateSpring 2013 in May 14 & 15
    • Category: Best check
    • Innovation: Mitek’s patented mobile imaging technology allows users to remotely deposit checks from anywhere, at anytime by snapping a picture with their camera-equipped smartphone or tablet, and has become the “gold standard” for mobile check deposit.
    • Finovate demo: FinovateSpr
      ing 2012

Finovate Alumni News– March 28, 2013

  • Forbes places Dwolla CEO, Ben Milne, on the 2013 Disruptors list.
  • Lifehacker reviews Credit Karma for Android.
  • TIBCO Software partners with Aditi Tech to bolster enterprise social, e-commerce solutions.
  • Outright’s 300,000 users surpass 2 billion transactions.
  • Bank Innovation reports: Capital Access Network’s Online Lending Platform, CapTap, Coming to Tablet Soon.
  • Waspit wins second place award in PYMNTS.com Innovation Project’s Best in Show.
  • Monitise CMO Carl Tsukahara interviewed by David Murphy in Mobile Marketing.
  • SeedInvest is among the crowdfunding innovators featured in crowdfundattny blog.
  • Pymnts.com interviews Mark Miles of CSI globalVCard on the business of B2B payments.
  • E&S Consulting blog takes a look at the evolution of Green Dot’s GoBank. Be sure to catch Green Dot at FinovateSpring in May.
  • Better ATM Services wins 2013 Paybefore Award for Visa prepaid gift card program.
  • PC Mag’s SecurityWatch features EyeVerify and its solution to the problem with passwords.  EyeVerify will be demoing their authentication technology at the upcoming FinovateSpring event in San Francisco.
  • Programmable Web takes a look at recently published APIs including one from OneID. Join OneID this May in San Francisco for FinovateSpring.
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.