Online Resources Archives

Finovate Alumni News– April 9, 2013

By Julie Muhn (@julieschicktanz) Posted on April 9, 2013
Categories: Braintree, Business Centric Services Groups, eDeposit, Entrepreneurial Finance Lab, eToro, Green Dot, Intuit, Kofax, Lodo Software, Mitek, Narrative Science, Online Resources, PaySimple, Plastyc, Quantopian, Realty Mogul, TipRanks, TradeHero, Yodlee

AG Beat features Entrepreneurial Finance Lab.

BSCG, Mitek, and Yodlee selected as Monarch B2B Innovation Award Winners.

Lodo Software appoints Matthew Lawlor, former founder & CEO of Online Resources, to board of directors.

South African Logistics Company implements Kofax Software to Automate HR. Watch Kofax demo live at FinovateSpring.

Business Credit Radio features Sue Heilbronner, PaySimple’s Chief Growth Officer.

American Banker highlights Plastyc’s unique approach to serving prepaid card users. Watch Plastyc’s demo at FinovateSpring.

Mati Greenspan, senior investment consultant at eToro, explains how eToro will soon support Bitcoin.

American Banker looks at Braintree’s multi-merchant approach. Come see Braintree demo at FinovateSpring.

Live Science considers how Narrative Science
automates journalism and report generation. See Narrative Science’s live demo at FinovateSpring.

Quantopian announces algorithm development competition. The company will demo at FinovaeSpring in May.

Bank Innovation reports: Intuit will continue to support FinanceWorks.

Reuters takes a look at TipRanks. See them demo at FinovateSpring.

eDeposit announces major new features in upgrade of mobile app.

TradeHero a winner at Echelon Singapore Satellite pitch competition.

INTJ Capital gives kudos to Quantopian’s decision to provide for external data sets. Join Quantopian in San Francisco for FinovateSpring in May.

American Banker interviews Green Dot CEO and founder Steven Streit. See Green Dot demo at FinovateSpring.

Realty Mogul is among the companies highlighted in Upstart Business Journal column on crowd funding. See them demo at 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.

Share this:

Send Post Twitter LinkedIn Facebook

Online Resources’ Face-Saving Collection Solution Gets an Upgrade

By David Penn Posted on February 28, 2013
Categories: ACI Worldwide, Online Resources

Online Resources‘ Virtual Collection Agent does debtors a favor by getting rid of the inconvenience and potentially unpleasant interaction with a living, breathing debt collector.

So now, with the recently announced update VCA 5.0, Online Resources is poised to do a few favors for the financial institutions and billers, as well.

Among the new features are:

Tracking support for marketing campaigns and automated online offers
The ability to manage multiple accounts for individual customers with single sign-in for the consumer
Multi-language capability, and the option for WCAG 2.0 Level AA compliance certification

VCA offers consumers privacy, intelligent automation, and a tailor-fit resolution when paying in full is impossible. The update comes as Online Resources is en route to becoming part of ACI Worldwide, courtesy of a $260 million dollar deal announced earlier this year.

Online Resources is one of 20 “Finovate charter alums,” having presented this very technology at the very first Finovate event in 2007.

Share this:

Send Post Twitter LinkedIn Facebook

ACI Worldwide Buys Online Resources, FIS Scoops Up mFoundry

By David Penn Posted on February 1, 2013
Categories: ACI Worldwide, FIS, mFoundry, Online Resources

It was a big day for Finovate alumni. ACI Worldwide and FIS, themselves both Finovate alums, rang the register on a couple of smaller fintech companies they hope will make them even bigger players in the online banking and payments world.

Online Resources Bought by ACI Worldwide

In an all-cash deal worth $260 million, the purchase of Online Resources will help ACI Worldwide bring broader online banking and full-service bill payment options to its network of financial institutions.

The deal is also expected to increase the company’s customer base, with 1,000 banks, billers and other FIs coming along with Online Resources into the ACI Worldwide fold.

A look at the numbers:

Online Resources provides services to more than 1,000 FIs and billers
It processes more than 240 million bill payment transactions each year
It connects more than 9,000 billers
The combined entity anticipates cost synergies (i.e., saving in operating expenses) of more than $19 million.
Common shareholders will receive $3.85 per share, an 83% premium over yesterday’s closing price

FIS Purchases mFoundry

FIS’s decision to buy the 78% of mFoundry that it did not already known is seen as an opportunity for the company to assert itself in the mobile arena, while expanding its customer base in the process.

FIS already has a sizable footprint when it comes to banking and payments technology. And in bringing mFoundry fully on board, the company has helped fuel optimism about the prospects for greater innovation and “convergence” among the various players within the industry.

Share this:

Send Post Twitter LinkedIn Facebook

Finovate Alumni News– January 31, 2013

By Julie Muhn (@julieschicktanz) Posted on January 31, 2013
Categories: ACI Worldwide, Backbase, BehavioSec, Boku, Braintree, FIS, Flint Mobile, mFoundry, Mitek, Online Resources, Xero

TechCrunch reports Braintree’s New Payments Layer Lets Users Sign Up For Apps Without Re-Entering Their Credit Card Data.

Mitek and Allied Payment Network Expand Availability of Mobile Photo Bill Pay.

Backbase and iQStore sign partnership agreement for Russian market.

Xero integrates with Harvest, a time tracking and invoicing software company.

CNBC’s Squawk on the Street features BOKU.

HID Global partners with BehavioSec to improve fraud detection system.

FIS acquires mFoundry for $120 million.

Facebook integration, customer management features added to Flint mobile app.

ACI Worldwide to buy Online Resources for more than $120 million.

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.

Share this:

Send Post Twitter LinkedIn Facebook

Finovate Alumni News– August 15, 2012

By Julie Muhn (@julieschicktanz) Posted on August 15, 2012
Categories: BehavioSec, FreeMonee, HelloWallet, LearnVest, Mint.com, Mitek, Online Resources, Outright.com, Truaxis, Virtual Piggy

MyBankTracker lists Mint, LearnVest, and HelloWallet as the best PFM tools. Come to FinovateFall to check out LearnVest.

PYMNTS.com recognizes Mitek as 1 of the “most innovative” companies in payments space.

Google Product Alum, Joe Wolf, joins FreeMonee as VP of Product.

Payment solutions provider, Payvision, partners with Virtual Piggy. Check out Virtual Piggy at FinovateFall in NYC next month.

Outright now integrates with Etsy Direct Checkout.

BehavioSec selected by military research organization DARPA to provide IT security.

Truaxis to provide ORCC with StatementRewards Loyalty Program. Check out Truaxis at FinovateFall September 12 and 13.

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.

Share this:

Send Post Twitter LinkedIn Facebook

Finovate Alumni Website Traffic in September

By Julie Muhn (@julieschicktanz) Posted on November 2, 2011
Categories: Adobe, Andera, Betterment, Bill.com, Billeo, BillFloat, Bills.com, Boku, BrightScope, Bundle, Cardlytics, CashEdge, CashStar, ChargeSmart, Check Point, CheckFree, Cortera, Credit Karma, Credit Sesame, Credit.com, DebtGoal, Discover, Doxo, Equifax, eRollover, eToro, Expensify, Experian, FeeFighters, findabetterbank.com, Fiserv, Google, HR Block, Infosys, Intuit, Jack Henry, Kabbage, Kapitall, Kasasa, Leadfusion, LearnVest, Lending Club, Lendio, MasterCard, Metavante, Mint.com, MoneyAisle, Motley Fool CAPS, MyBankTracker, Offermatic, Online Resources, Outright.com, Pageonce, PayPal, Prosper, Receivables Exchange, S1, Sears Credit Score, Seeking Alpha, Simple, Simple Tuition, smartcredit.com, SmartyPig, Standard Chartered Bank, Stocktwits, Striata, Sybase 365, TradeKing, TransUnion Interactive, Truaxis, TrustedID, TSYS, VISA, Wall Street Survivor, Weemba, Wesabe, Wikinvest, wipro, Yodlee, Zecco

Each month we survey the Web-traffic performance of Finovate alums using data from Web-analytics company Compete.

Out of 268 alumni, 80 had more than 10,000 unique U.S. visitors in September 2011 and are included in the tables below. Of those, 33 (41%) had more visitors in September than August. Year-over-year, 42 (52%) had traffic increases.

Private Companies

Seeking Alpha and Cortera had the highest traffic in September with 2.1 and 2.0 million unique visitors, respectively. Cortera also had the highest increase in number of unique year-over-year visits with over 1.5 more visits in 2011 than in 2010.
Kabbage had the highest percentage growth year-over-year, up 280x.
Weemba saw the highest monthly growth percentage with more than 7.5 times the number of unique visitors in September compared to August.
SmartCredit.com had the highest increase in number of unique year-over-year visitors, growing by 126,000.

Source: Compete.com retrieved the week of October 26, 2011

1) The previous month recorded was August 2011

2) Sears Credit Score is powered by CreditKarma.com

3) Truaxis was formerly BillShrink

4) Kasasa is powered by BancVue

Public companies

CheckFree had the highest percentage growth year-over-year, with over 7 times the number of visitors this year than last year.
Intuit had a notable increase in number of unique, year-over-year visitors, increasing by 300,000 visits.
Check Point had the highest month-over-month percent growth, with 41% more visitors in September than in August.

Source: Compete.com retrieved the week of October 26, 2011

1) The previous month recorded was July 2011.

_______________________________________________________

Notes:

1. We reviewed 268 Finovate alumni. Only those with at least 10,000 unique visitors in July are listed.

3. NM = not measurable

4. t= tie

5. Compete estimates online visitors based on the 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.

Share this:

Send Post Twitter LinkedIn Facebook

Finovate Alumni Website Traffic in August

By Julie Muhn (@julieschicktanz) Posted on October 20, 2011
Categories: Adobe, Andera, Betterment, Bill.com, Billeo, BillFloat, Bills.com, BillShrink, Boku, BrightScope, Budgettracker, Bundle, Cardlytics, CashEdge, CashStar, ChargeSmart, Check Point, CheckFree, Cortera, Credit Karma, Credit Sesame, Credit.com, DebtGoal, Discover, Equifax, eRollover, eToro, Experian, findabetterbank.com, Fiserv, Geezeo, Google, HR Block, Infosys, Intuit, Jack Henry, Kabbage, Kapitall, Kasasa, Leadfusion, LearnVest, Lending Club, Lendio, MasterCard, Metavante, Mint.com, MoneyAisle, Motley Fool CAPS, MyBankTracker, Offermatic, Online Resources, Outright.com, Pageonce, PayPal, Prosper, S1, Sears Credit Score, Seeking Alpha, Simple Tuition, smartcredit.com, SmartyPig, Standard Chartered Bank, Stocktwits, Striata, Sybase 365, TradeKing, TransUnion Interactive, Truaxis, TrustedID, VISA, Wall Street Survivor, Wesabe, Wikinvest, wipro, Yodlee, Zecco

Each month we survey the Web-traffic performance of Finovate alums using data from Web-analytics company Compete.

Out of 268 alumni, 75 had more than 10,000 unique U.S. visitors in August 2011 and are included in the tables below. Of those, 41 (55%) had more visitors in August than July. Year-over-year, 45 (60%) had traffic increases.

Private Companies

Seeking Alpha — the most-trafficked in August with 2.5 million unique visitors — also had the highest increase in number of unique month-over-month visits with 300,000 more visits in August than in July.
Budgettracker.com saw the highest monthly growth percentage with more than 6.5 times the number of unique visitors in August compared to July.
Betterment had the highest percentage growth year-over-year, up 88x.
Cortera had the highest number of unique year-over-year visitors, growing by 1.5 million.

Source: Compete.com retrieved week of October 3, 2011

1) The previous month recorded was July 2011

2) Truaxis was formerly BillShrink

3) Sears Credit Score is powered by CreditKarma.com

4) Kasasa is powered by BancVue

5) Checkingfinder.com is powered by BancVue

Public Companies

Fiserv had the highest month-over-month percent growth, with 50% more visitors.
CheckFree had the highest percentage growth year-over-year, with over 5 times the number of visitors.
S1 also had a high percentage growth year-over-year, doubling its visitors.

Source: Compete.com retrieved the week of October 3, 2011

1) The previous month recorded was July 2011.

_______________________________________________________

Notes:

1. We reviewed 268 Finovate alumni. Only those with at least 10,000 unique visitors in July are listed.

3. NM = Not measurable

4. t= Tie

5. Compete estimates online visitors based on the 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.

Share this:

Send Post Twitter LinkedIn Facebook

BancVue Cracks the American Banker FinTech 100

By Julie Muhn (@julieschicktanz) Posted on October 14, 2011
Categories: ACI Worldwide, BancVue, Equifax, Experian, FIS, Fiserv, Infosys, Jack Henry, Online Resources

The FinTech 100, a list of the top revenue-grossing fintech firms, was announced Wednesday at BAI Retail Delivery.

Nine Finovate alumni made the cut, including BancVue, debuting at number 95. Pictured to the right are James Ladas and Gabe Krarcek from BancVue.

Here are the Finovate alumni, listed according to rank:

FIS

2011 Rank: 1

2010 Rank: 3

Fiserv

2011 Rank: 2

2010 Rank: 1

Infosys

2011 Rank: 10

2010 Rank: 11

Jack Henry & Associates

2011 Rank: 18

2010 Rank: 18

Equifax

2011 Rank: 19

2010 Rank: 20

Experian

2011 Rank: 24

2010 Rank: 15

ACI Worldwide

2011 Rank: 34

2010 Rank: 34

Online Resources

2011 Rank: 62

2010 Rank: 76

BancVue

2011 Rank: 95

2010 Rank: NR

See the full list here. To learn how the rankings are calculated, see the American Banker article.

Share this:

Send Post Twitter LinkedIn Facebook

Finovate Alumni Website Traffic in July

By Julie Muhn (@julieschicktanz) Posted on August 29, 2011
Categories: Adobe, Andera, BancVue, Betterment, Bill.com, Billeo, BillFloat, Bills.com, BillShrink, Blippy, Boku, BrightScope, Bundle, Cardlytics, CashEdge, ChargeSmart, Check Point, Cortera, Credit Karma, Credit Sesame, Credit.com, DebtGoal, Discover, eRollover, eToro, Expensify, Experian, FIS, Fiserv, Infosys, Intuit, Jack Henry, Kapitall, Kasasa, Leadfusion, Lending Club, Lendio, Metavante, Mint.com, MoneyAisle, MyBankTracker, Online Resources, Outright.com, PayPal, Prosper, S1, Seeking Alpha, Simple Tuition, smartcredit.com, SmartyPig, Standard Chartered Bank, Sybase 365, TransUnion Interactive, TrustedID, Wesabe, Wikinvest, wipro, Yodlee, Zecco

Each month we survey the Web-traffic performance of Finovate alums using data from Web-analytics company Compete.

Out of 255 alumni, 59 (23%) had more than 10,000 unique U.S. visitors in July 2011 (see tables below). Of those, 19 (32%) had more visitors than in the previous month and 25 (42%) were flat. Year-over-year, 26 (44%) had an increase, 10 (17%) were flat, and 23 (39%) were down.

Private Companies

Notable successes:

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.

Source: Compete.com retrieved week of August 15, 2011

1. The previous month recorded was May 2011

2. Sears Credit Score is powered by CreditKarma.com

3. Kasasa is powered by BancVue

Public Companies

Notable successes:

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.

Source: Compete.com retrieved the week of August 15, 2011

1. The previous month recorded was May 2011.

_______________________________________________________

Notes:

1. We reviewed 255 Finovate alumni. Only those with at least 10,000 unique visitors in July are listed.

3. NM = Not measurable

4. Compete estimates online visitors based on the 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.

Share this:

Send Post Twitter LinkedIn Facebook

PayPal and Cortera Take Charge in May’s Web Traffic

By Julie Muhn (@julieschicktanz) Posted on July 7, 2011
Categories: Adobe, Andera, BancVue, Betterment, Bill.com, Billeo, BillFloat, Bills.com, BillShrink, Blippy, Boku, BrightScope, Bundle, Cardlytics, CashEdge, ChargeSmart, Check Point, CheckingFinder, Cortera, Credit Karma, Credit Sesame, Credit.com, DebtGoal, Discover, eRollover, eToro, Expensify, Experian, Fidelity National Information Services, Fiserv, HelloWallet, Infosys, Intuit, Jack Henry, Kapitall, Leadfusion, Lending Club, Lendio, Metavante, Mint.com, MoneyAisle, MyBankTracker, Online Resources, Outright.com, PayPal, Prosper, S1, SecondMarket, Seeking Alpha, Simple Tuition, smartcredit.com, SmartyPig, Standard Chartered Bank, Sybase 365, TransUnion Interactive, TrustedID, Wesabe, Wikinvest, wipro, Yodlee, Zecco

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

_____________________________________________________________________________

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.

Share this:

Send Post Twitter LinkedIn Facebook