Looking for the best in fintech innovation? According to American Banker, there’s a Finovate alum (or three) for that.
How did these three make American Banker‘s short list? According to the reviewers, “account application features, design, and ease of use” were among the main factors that helped distinguish the top ten (including these three Finovate alumni) from the rest of the mobile banking app field.
Watch Simple’s most recent Finovate demo here
. And Pageonce’s presentation at FinovateSpring 2010 is here
BBVA debuted stockbuzz.es
on the Finovate stage in London at FinovateEurope in February. Take a look at our Live Blog post from the event here
- appPicker reviews Pageonce – Money & Bills app.
- BrightScope announces top finance, insurance companies with the best 401(k) plans.
- Device Fidelity announces Incipio partnership, new line of NFC enabled cases for iPhone.
- NerdWallet interviews Bolstr co-founders, Larry Baker and Charlie Tribbett.
- The Monitise-powered mobile wallet from Blackberry, BBM Money, launches pilot in Indonesia.
- Cortera Pulse wins Gold Stevie Award for new version of business intelligence solution.
- Lighter Capital appoints Molly Greg as VP.
- SaveUp’s CEO & Co-founder Priya Haji awarded a Social Innovation Leadership Award by the World CSR Congress.
- US News Money looks at LearnVest, FutureAdvisor, and Personal Capital.
- Forbes speaks with Actiance CEO to learn how Socialite helps companies overcome challenges using social media.
- Prepaid Resources adds FraudGuard security services to their BenefitsDirect Direct Deposit management solution.
- MasterCard wins Mobile Money Innovation award at the GSMA World Congress in Barcelona, along with partners Etisalat and Oberthur Technologies.
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.
Pageonce’s drive to create a mobile checkbook on your smartphone just reached a new gear.
The new service, Pay Anyone, gives smartphone users the ability to make the sort of frequent, informal payments typically reserved for checks. Rather than write a check to the landlord or the babysitter or the repairman, users will simply be able to make the payment as part of a person-to-person transaction using their Android or iOS device.
The new app is designed to deepen Pageonce’s presence in the local payments market, where checks written to small businesses and individuals represent trillions in purchase value. Here’s a closer look at what’s on the table:
- Consumers write 11 billion checks a year to small businesses and individuals
- Pageonce currently processes more than $1 million in bill payments daily
- More than 50% of consumers do not use or rarely carry a checkbook, according to 2013 study
- Pageonce has $23 million in funding; 6,000 billers; more than 7.5 million users
its Personal Assistant and Bill Assistant at FinovateSpring 2010. A look at Pay Anyone is available here
You may or may not want to send money to friends and family. But sooner or later, we’ve all got bills to pay.
And betting on the latter is paying off for mobile payment company, Pageonce.
Here are the key items from the company’s recent announcement as reported in TechCrunch:
- Processing $1 million in mobile bill payments every day
- Expecting an annual payment volume run-rate of $1 billion by the middle of 2013
- Reached a 30% month-over-month growth in payment volume
Pageonce has more than 7.5 million users and 6,000 billers. The company’s mobile bill payment operation began a year ago. An upgrade last November added new features such as File Cabinet and Scheduled Payments.
With more than 50 employees, Pageonce has raised more than $20 million in venture funding capital. They demoed at FinovateSpring 2010.