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Finovate Alumni News– October 21, 2013

By David Penn Posted on
Categories: CurrencyFair, Equifax, Leaf, Lendio, MasterCard, PayPal, PaySimple, Prepaid Resources, TransferWise, TSYS
  • Thumbnail image for Finovate-F-Logo.jpgAlvaro Soltero of Leaf takes a look at the future of payments.
  • Forbes.com features an interview with Brett Meyers, CEO of CurrencyFair.
  • MasterCard launches TravelController to improve expense reconciliation.
  • TSYS, PayPal, & PaySimple listed in top 10 multi-currency processing solutions for October.
  • Lendio launches beta version of Lendio for the loan specialist.
  • FORMFREE and Equifax partner to streamline borrower asset checks.
  • Prepaid Resources announces formation of Trefoil Technology.
  • TransferWise tops £1 million ($400,000 USD) mark in international money transfers.
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.

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Finovate Alumni News– October 17, 2013

By Julie Muhn (@julieschicktanz) Posted on
Categories: Doxo, PayPal, Signifyd
  • Finovate-F-Logo.jpgPayments News: PayPal grows revenues 19%, adds 5 million registered users.
  • Gizmodo reports: Signifyd Checks Your Tweets to Make Sure Your Spending Spree’s Legit.
  • Wisconsin-based Rice Lake Utilities launches on doxo to provides customers a convenient way to receive and pay bills.
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.

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Finovate Alumni News– October 15, 2013

By Julie Muhn (@julieschicktanz) Posted on
Categories: Check, Comarch, Encap, Kabbage, Leaf, Manilla, Mint.com, PayPal, Ping Identity
  • Finovate-F-Logo.jpgPayPal partners with Revel systems for its physical POS device.
  • TechCrunch interviews Ping Identity Founder, Chairman, and CEO Andre Durand.
  • Comarch launches mobile business banking solution in the U.K.
  • Looking for an app to manage your money? USA Today suggests solutions from three Finovate alumni: Manilla, Mint, and Check.
  • StreetFight features Leaf among its list of 5 mobile payment platforms with integrated marketing solutions.
  • Encap announces partnership with ForgeRock to bring multifactor intelligent authentication to OpenAM.
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.

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The Rumors Are True: eBay’s PayPal Acquires Braintree for $800 Million in Cash

By Julie Muhn (@julieschicktanz) Posted on
Categories: Braintree, PayPal

PayPalLogo.jpg

After weeks of rumors, there’s no doubt you’ve heard of PayPal’s plan to acquire payments gateway, Braintree. This week, it pulled the trigger and dished out $800 million in cash for Chicago-based Braintree.

According to PayPal CEO, David Marcus, this acquisition will help Braintree grow much faster than a normal, startup pace. In his blog post announcing the deal, Marcus states:

BraintreeLogo2.jpg

“Our resources will enable them to push the boundaries of innovation with ambition and confidence for consumers, merchants and developers around the world.”

Braintree’s payment gateway, which launched in 2007, can handle 130 different currencies in more than 40 countries. It will continue operating as it normally does, servicing companies such as AirBnB, OpenTable, and Uber.

Braintree last demoed at FinovateSpring earlier this year where it showed off its recently acquired Venmo touch technology.

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Finovate Alumni News– September 26, 2013

By David Penn Posted on
Categories: Billhighway, Braintree, Finovera, Google, Lendio, MasterCard, MiiCard, PayPal, peerTransfer, SecondMarket
Finovate-F-Logo.jpg

  • Updated Google Wallet app lets users store loyalty cards.
  • MasterCard teams up with National Bank of Egypt, Egyptian Banks Company, and Fawry to launch m-wallet in Egypt.
  • EBay’s PayPal acquires Braintree in $800M cash deal.
  • The Boston Business Journal features peerTransfer.
  • miiCard presents trends from the innovators at FinovateFall.
  • Lendio raises $4.5 million for small business loan-matching Service.
  • TechCrunch reports: SecondMarket launches a Bitcoin investment trust for accredited investors.
  • Billhighway adds Boys & Girls Club of Troy as client.
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.

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Finovate Alumni News– September 24, 2013

By David Penn Posted on
Categories: Braintree, Cachet Financial Solutions, Capital Access Network, Digital Insight, Doxo, Entrepreneurial Finance Lab, ERN, FIS, Google, PayPal, Swipely, Xero
Finovate-F-Logo.jpg

  • Capital Access Network listed among Information Week’s top U.S. technology innovators in 2013.
  • FIS announces analytics programs for customers.
  • Swipely now managing $1 bil in annual sales, 1 yr. after entering payments market & launched Swipely Partner Network.
  • Cachet Financial Solutions announces Select Mobile Lending, a new mobile app.
  • MasterCard and Entrepreneurial Finance Labs join forces to promote SMB growth in developing nations.
  • TechCrunch reports PayPal, Stripe, & Braintree partner with Facebook to autofill billing info in mobile commerce apps.
  • ERN partners with FICO to embed FICO’s marketing solutions within its real-time Big Data analytics platform Looop.
  • Mountaineer Gas joins doxo to simplify bill delivery, payment, and record keeping for its 220,000 customers.
  • Digital Insight announces new CEO, John O’Malley.
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.

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Finovate Alumni News– September 6, 2013

By Julie Muhn (@julieschicktanz) Posted on
Categories: Braintree, Doxo, Fiserv, Geezeo, MoneyDesktop, Narrative Science, PayPal, Yodlee
  • Finovate-F-Logo.jpgFiserv launches Predictive Scores tool that models customer behavior. Come see Fiserv at FinovateFall next week.
  • First Federal Savings Bank implements PFM through MoneyDesktop. Check out MoneyDesktop’s new solution at FinovateFall in NYC.
  • PayPal Updates iOS And Android Apps With The Ability To Order Ahead, Pay Restaurant Bills, Access Bill Me Later And More.
  • Woodinville Water District Achieves Significant Increase in Paperless Water Bills in the First 90 Days of doxo Implementation.
  • Members Choice CU To Offer PFM Powered By Geezeo.
  • Braintree adds new layer of fraud protection for merchants.
  • Finovate alumni driving growth in online investment advisory industry.
  • Forbes features article on Narrative Science’s
    Quill. Come see them at FinovateFall next week.


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.

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Finovate Alumni News– August 26, 2013

By Julie Muhn (@julieschicktanz) Posted on
Categories: Cardlytics, Geezeo, Kony Solutions, PayPal
  • Finovate-F-Logo.jpgCommonWealth One Federal Credit Union to offer PFM powered by Geezeo.
  • Bank Innovation reports: Cardlytics Will Expand Location-Based Offers in 2014.
  • TSYS partners with Discover to process payments from PayPal.
  • Kony at #28, five other Finovate alums make Inc. 5000 for 2013.
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.

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Finovate Alumni News– August 22, 2013

By David Penn Posted on
Categories: Allied Payment Network, Arroweye Solutions, FIS, Mint.com, Moven, Narrative Science, PayPal, ProfitStars, Segmint, Yodlee
  • FinovateLOGO.jpgForbes Magazine names FIS one of the 100 most innovative companies in the world.
  • BusinessManager from ProfitStars is driving revenue growth and customer acquisition for Great Western Bank.
  • Arroweye Solutions launches data-driven card marketing with CustomerConnect.
  • Ameriana Bank to deploy Picture Pay from Allied Payment Network.
  • Mashable takes a look at PayPal’s face-verification system for mobile payments.
  • Yodlee, Moven, and Mint featured in Wired column on the “banks of tomorrow.”
  • Narrative Science co-hosts this week’s InnovationChat at built in Chicago. See them demo at FinovateFall in September.
  • Segmint CIO David Hadley writes about building a cybersecurity framework today in BAI Banking Strategies.
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.

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Finovate Alumni News– August 20, 2013

By David Penn Posted on
Categories: FinovateFall 2013, IDology, Interactions, Kabbage, PayPal
  • FinovateLOGO.jpgFinovateFall 2013 Sneak Peek Part 3 is up. Get to know more about this year’s innovators.
  • Interactions chooses Edward Durkin for Chief Financial Officer. See Interactions demo at FinovateFall in New York.
  • Mercury Payment Systems to support PayPal in-store payments thanks to new collaboration.
  • IDology partners with AssureSign as primary authentication solution for advanced identity verification.
  • Kabbage integrates with Stripe to allow businesses that process online payments to apply for financing.
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.

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Finovate Alumni News– August 15, 2013

By Julie Muhn (@julieschicktanz) Posted on
Categories: Bolstr, Business Centric Services Groups, Credit Agricole, Fiserv, IND Group, Manilla, Mint.com, PayPal, PreCash, Quantopian, The Currency Cloud
  • Finovate-F-Logo.jpgANZ Group goes live with Fiserv’s Mobiliti Reach.
  • The Currency Cloud CEO, Mike Laven, explains the issues behind the recent remittance crisis.
  • IND Group & PayPal team up to offer P2P Payment via email in Europe.
  • SunTrust introduces BCSG’s Business Hub and CreditHQ tools; an online package of small business solutions.
  • Bolstr on FOX News Chicago: Local Business Raises $12,000 in under 48hrs on Bolstr.
  • Mint, Manilla featured in Digital Trends list of 12 useful online services and apps for students.
  • Quantopian’s John Fawcett writes about the intersection of social media, algorithms, and the browser when it comes to investing.
  • American Banker takes a look at Credit Agricole’s CAStore.
  • Mobile Payments Today highlights PayConnect from PreCash in a column on mobile wallets and the payment industry.
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.

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Finovate Alumni News– August 8, 2013

By David Penn Posted on
Categories: ACI Worldwide, Finect, Kabbage, Kofax, Leadfusion, Lending Club, On Deck Capital, PayPal, Prosper, SigFig, SocietyOne, Zopa
  • FinovateLOGO.jpgKofax announces completion of Kapow Technologies acquisition.
  • ACI Worldwide cites role of their Universal Payments Platform in net new bookings growth for 2013 in this week’s Q2 report.
  • The New York Times looks at Lending Club, Prosper, Zopa, On Deck, SocietyOne, and Kabbage as significant lending platforms.
  • Finextra reports: PayPal trials new geolocation payment service in London.
  • Leadfusion launches new RESPONSE interface for Premium Financial Tools.
  • Finect Founder Jennifer Openshaw moderates Best Practices in Compliant Social Media webinar. See Finect demo at FinovateFall 2013 in New York.
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.

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