Weekly Updates — Week of November 15, 2010

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Backbase is launching its fall webinar series. — The first 25 signups get a copy of Brett King’s new book “Bank 2.0.” http://bit.ly/finovate11193
Billeo is powering the new American Express inSite service. — Amex users get rewards and bonuses from within their browser. http://bit.ly/finovate11162
BillFloat shines at the “Under the Radar Conference.” — The company won the “Judges’ Choice” and “Audience Choice” awards in the Commerce category.  http://bit.ly/finovate11163
Blippy lets users “fancify” their profiles. http://bit.ly/finovate11154
Data is king at BrightScope. — See the  O’Riley Radar article which includes a five-minute video on how the startup gathered 401k plan info from the Department of Labor  http://oreil.ly/finovate11192

Credit Sesame launches. — Public Beta is open to everyone. http://bit.ly/finovate11171 Excellent info-graphic about consumer debt in America http://bit.ly/finovate11182
eRollover announces new website. — The new site is designed to be easier to navigate and better show analytic tools. http://bit.ly/finovate11153
GoalMine launches with $25 reward to users who establish a $25 per month investment plan. — The program not only encourages ongoing investment, but highlights the convenience of the company’s online GoalPack gift card system. http://bit.ly/finovate11152
Ixaris launches Secret Path Developer Challenge. — Secret Path rewards developers who build payment applications on Ixaris Opn for social media networks, mobile devices and ecommerce. http://bit.ly/finovate11172
Kasasa Poetry Challenge. — Poets can win cash prizes, and have their work used in a Kasasa commercial. http://bit.ly/finovate11194
Monitise and US Bank work together for contactless payments solution. http://bit.ly/finovate11173
Mozo wins Deloitte’s Rising Star award. — The award is for companies in operation for fewer than three years. http://bit.ly/finovate11191
PayNearMe garners $16 million in venture capital. — Khosla Ventures led the funding round. The company will also be launching a mobile payments application. http://bit.ly/finovate11161 
SmartyPig adds 21 new “Best in Class Retailers” just in time for holiday shopping. — Retail partners boost users’ savings by up to 14% when the savings goal is withdrawn via their gift card. http://bit.ly/finovate11155
Tempo Payments powers reward card for Sheetz convenience stores. — The decoupled affinity debit cards are independently-branded rewards debit cards, which link to the customer’s checking account. http://bit.ly/finovate11151
Wikinvest launches Android and Blackberry apps which allow users to view their accounts regardless of brokerage. http://tcrn.ch/finovate11181

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 eric@netbanker.com.

Finovate Fall 2010 Best of Show Winners Announced

image[6][1]It was an incredible two days in NYC (Oct. 4&5) as we witnessed 56 new
products, services, and features debut on the big stage. Of 56 live
demos, there were a few slow connections, an occasional timeout, a
missed download or two, and a few lost seconds waiting for mobile
screens to refresh, but only one that we had to completely restart. So, overall it went very smoothly.

And the packed house had a great time, found a number of things they could take back to their own companies, and made some great connections (at least that’s what they told me anyway).

the end of each day, attendees voted on three “Best of Show” demos from
the 28 just seen. Then, at the end of the conference, we ranked
all 56 companies based on this audience vote (see notes). The top seven were named Best of Show.

Every company that presented was named Best of Show by some portion of the audience. But the ones that ended on top are as follows (in alphabetic order):

Betterment    BillShrink  Bundle Dynamics 
    oFlows          PayNearMe   SecureKey

Congratulations! And thanks to everyone that presented, sponsored, attended and followed the #finovate tweets. If I ever recover, I look forward to writing more about where this is all headed.


Notes on methodology:
Only audience members not associated with demoing companies
were eligible to vote. Finovate employees did not vote.  
2. Because a different number of ballots was cast each day, we ranked the demos based on the percentage of ballots voting for each presenter. 
3. The exact written instructions given attendees:
rate (the companies) on the basis of demo quality and potential impact
of the innovation they demoed. PLEASE CIRCLE ONLY THREE”

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:

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 eric@netbanker.com.