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Finovate Alumni News– March 15, 2012

By Julie Muhn (@julieschicktanz) Posted on March 15, 2012
Categories: Arroweye Solutions, Check Point, ClairMail, InComm, Kabbage, PayPal, Plastyc, SecondMarket, Silver Tail Systems, Striata, Syphr, Yodlee

American Banker reports LifeLock buys ID Analytics to boost its appeal to banks.

Practical Ecommerce profiles Kabbage, highlights future endeavors.

CNN Money discusses how SecondMarket escaped clashes with the new SEC ruling.

Convenient Cards, Rapid Financial, & Plastyc partner with Arroweye Solutions to get prepaid cards to market faster.

Silver Tail Systems introduces profile analyzer to protect websites from cyber attacks & fraud.

Check Point wins 2012 SC Magazine Readers Choice Award for best intrusion prevention solution.

Syphr and CarLoans.com launch ad platform pilot for CUs.

American Banker reports Bancorp Bank announces NetSpend, InComm prepaid card deals.

PayPal introduces PayPal Here to compete with Square.

Finextra discusses ebilling adoption rates, reviews Striata’s strategy.

H&R Block Canada and Yodlee partner to deliver tax applications to financial institutions.

Clairmail and VocaLink partner to combine real-time payments with mobile solutions.

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– March 14, 2012

By Julie Muhn (@julieschicktanz) Posted on March 14, 2012
Categories: BancVue, Geezeo, Kashoo, MoBank, PayPal, Personal Capital, ProfitStars, TradeKing, Tyfone

The Paypers reports Google selects MoBank as vendor for its GetMo initiative in the UK.

VentureBeat receives an insider demo on PayPal’s new digital wallet interface.

TradeKing earns 4-star rating for 6 years in a row in Barron’s 2012 Online Broker Survey.

RTN Federal CU selects Tyfone for m-banking.

Personal Capital launches new version of iPad app.

Nine Lives Media Inc. names ProfitStars to the MSPmentor 100 Global List.

BancVue launches Kasasa360 to help compete with megabanks.

Geezeo launches effort to build awareness of PFMs within online banking platforms.

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– March 13, 2012

By Julie Muhn (@julieschicktanz) Posted on March 13, 2012
Categories: Backbase, BrightScope, CashStar, Enloop, eToro, HelloWallet, Kashoo, PayPal, Tradeshift, Xero

BrightScope adds Josh Brown, financial advisor & author to advisory board.

AppStorm shares how Enloop can help you move your business into the VC world.

GigaOM rumors that PayPal will launch a mobile payment dongle to compete with Square and Intuit.

The Urban Twist lists HelloWallet as one of seven scorching hot tech startups in D.C.

INTTRA, independent transactional network for ocean freight, and Tradeshift partner to help manage ocean freight invoices.

Entrepreneur lists Kashoo & Xero as 2 of 4 online apps that can be handy for tax time.

Backbase announces most successful year to date, doubling software revenue & adding multiple tier-1 customers.

eToro closes $15 mil funding round led by spark capital.

CashStar upgrades web gifting interface.

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– March 12, 2012

By Julie Muhn (@julieschicktanz) Posted on March 12, 2012
Categories: Authentify, Bill.com, cbanc Network, Kabbage, Kasasa, Outright.com, PayPal, Ping Identity, Plastyc, Xero

Gov Info Security interviews Authentify CEO Peter Tapling about authentication.

Kea interviews Xero CEO Rod Drury.

Ping Identity partners with Winvale, a gov’t tech solutions provider.

Fox Business News looks at how to get more money from Kabbage.

Bill.com unveils revamped user support.

TechCrunch reports PayPal to unveil small business payments platform.

Kabbage & Outright announce partnership.

cbanc Network launches Backstage Pass to open its platform to vendors.

How Kasasa helps community banks give megabanks a run for their money.

Plastyc partners with IDology to make authentication more consumer friendly.

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– February 29, 2012

By Julie Muhn (@julieschicktanz) Posted on February 29, 2012
Categories: BancVue, Bill.com, BrightScope, Credit Karma, Diversinet, Dwolla, Handpoint, PayPal, peerTransfer, ThreatMetrix, Weemba

Bank Technology News reports HomeDepot now accepts PayPal payments at all 2,000 retail stores.

Des Moines Register interviews Jordan Lampe, Dwolla’s director of communications.

BancVue completes sale of $120 million credit card portfolio to First Arkansas Bank & Trust.

Bill.com introduces CashView.

ThreatMetrix launches program to report malware capabilities.

Accounting Today selects Bill.com Receivables for its Top New Products of 2012.

Diversinet names Dr. Hon Pak as CEO.

Sallie Mae & peerTransfer partner to facilitate international tuition payments.

Credit Karma celebrates 4-year anniversary.

Reuters looks at FINRA and Brightscope to give more information on financial advisors.

Omaha.com looks at how Dwolla survived the downturn.

Weemba celebrates 6 months of operation, unveils operating stats.

Handpoint Headstart wins 2012 Channel Awards.

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– February 21, 2012

By Julie Muhn (@julieschicktanz) Posted on February 21, 2012
Categories: DoughMain, Dwolla, Kasasa, PayNearMe, PayPal, SecondMarket, TransUnion Interactive

DoughMain looks at how kids interact with their money.

Credit Union Times shares how Dwolla and PayPal are contributing to the P2P payments.

SteelSeries now allows shoppers to use PayNearMe for purchases, offers free shipping for trying it out.

Goldman Sachs Investment Arm & Buyout Group to acquire TransUnion.

CNBC features SecondMarket CEO Barry Silbert, who describes the up and coming community bank market.

CNNMoney describes how Kasasa helps credit unions.

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– February 17, 2012

By Julie Muhn (@julieschicktanz) Posted on February 17, 2012
Categories: Doxo, HelloWallet, Intuit, PayPal, Prosper, SecondMarket, Stocktwits

Prosper celebrates its 6th birthday by offering to pay your second loan payment today (Friday, Feb. 17) only.

HelloWallet appoints Aaron Benway as new CFO.

American Banker reports PayPal is partnering with banks to attract new customers.

American Banker reports Intuit adds iPad banking app.

CNN Money looks at how SecondMarket will survive now that Facebook has gone public.

StockTwits launches feature to help users discuss stocks.

Doxo launches updates, adds billers.

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– February 15, 2012

By Julie Muhn (@julieschicktanz) Posted on February 15, 2012
Categories: Aptys Solutions, Cartera Commerce, CurrencyFair, Diversinet, ETRONIKA, PayNearMe, PayPal, Segmint, Silver Tail Systems, SmartyPig, Xero

American Banker reports SmartyPig adds office in India.

American Banker reports PayPal digs even further into the prepaid card market.

TechCrunch Europe covers ETRONIKA’s FinovateEurope presentation.

VentureBeat lists Danny Shader, CEO of PayNearMe, as an entrepreneur using startups to change the world.

Since Aptys Solutions 2010 launch, over 1,000 commercial banks now use PayLOGICS platform to process payments.

Diversinet Corp. appoints Dr. Hon Pak as the company’s CEO.

Cartera Commerce named to OnMedia 100 Top Private Companies List.

AccMan looks at how CurrencyFair solves multi-currency cost issues.

INDYCAR partners with Segmint to reward race fans.

MasterCard forms alliance with Silver Tail Systems.

Peter Thiel’s Valar Ventures contributes to Xero’s recent $16.6 million in funding.

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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Five of Fast Company’s 10 Most Innovative Companies in Finance are Finovate Alums

By Julie Muhn (@julieschicktanz) Posted on February 14, 2012
Categories: Dwolla, Google, PayPal, SecondMarket, Simple, Stocktwits

Fast Company recently published a list of most innovative companies that contained multiple Finovate alumni. Here’s the breakdown:

Overall top 50 most innovative companies:

Google
Rank: 3
FinovateFall 2011 demo

PayPal
Rank: 43
FinovateSpring 2011 demo

Top 10* in finance category:

PayPal
Rank: 4
FinovateSpring 2011 demo

SecondMarket
Rank: 6
FinovateStarup09 demo

Dwolla
Rank: 8
FinovateSpring 2011 demo

Simple (formerly BankSimple)
Rank: 9
FinovateFall 2011 demo

StockTwits
Rank: 10
FinovateEurope 2011 demo

______________________________________________________

*Also included in the finance category are:

2. Starbucks

3. Kickstarter

5. Y Combinator

7. American Express

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PayPal Demonstrates Instant Account Creation

By Julie Muhn (@julieschicktanz) Posted on February 7, 2012
Categories: FinovateEurope 2012, PayPal

Third, PayPal came on stage with la Caixa to show off instant account creation technology:

“You can open a PayPal account in 30 seconds from the secure environment of la Caixa’s home banking. We use our combined APIs to leverage the verified customer information that la Caixa has from its clients to speed customers through the PayPal account creation flow. All you need to do is choose your email address and decide on a password and with a couple of clicks, you can have your PayPal account up and running with a verified card linked to it.”

Product Launched: November 2011

HQ Location: San Jose, CA
Company Founded: 1998
Metrics:

2010 annual revenue was $3.4 billion, up 23 percent year over year
International business accounted for 47% of revenue in 2010
Net Total Payment Volume for 2010 was nearly $92 billion, up 28% year-over-year
Total Payment Volume in 2010 represented nearly 18% of global e-commerce
Cross-border trade now accounts for approximately 25 percent of PayPal’s Total Payment Volume
Merchant Services processed $56 billion in Total Payment Volume in 2010, up 42% year-over-year.

Website: paypal.com

Presenting Estanis Martin De Nicolas (PayPal Spain Country Mngr) & Sergi Bisquert (Dir. of Innovation, Payment Methods, La Caixa)

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Finovate Alumni News– January 24, 2012

By Julie Muhn (@julieschicktanz) Posted on January 24, 2012
Categories: Cardlytics, Currensee, Expensify, FiPath, Lending Club, Lendio, PayPal, Ping Identity, Prosper, Service2Media

American Banker reports PayPal tests its POS system at Office Depot.

LBi integrates Service2Media platform for clients including Coca-Cola, & Sony. Come see Service2Media demo live at FinovateEurope on February 7.

Small Business Trends examines the pros and cons of financing a startup using Prosper, Lending Club, or Lendio.

Ping Identity launches blog called Identity Matters. Come see Ping Identity at FinovateEurope Feb. 7 in London.

FiPath announces campaign to encourage Generation X to save for retirement.

BofA to use transaction-based marketing technology from Cardlytics to offer customers daily deals.

Currensee receives additional $2 million in series C financing.

Finovate interviews David Barrett, CEO of Expensify http://bit.ly/zVZzD9

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– January 20, 2012

By Julie Muhn (@julieschicktanz) Posted on January 20, 2012
Categories: BillGuard, Cardlytics, Cartera Commerce, Dynamics, HelloWallet, PayPal, Prosper, SecondMarket, Simple, Zopa

Business Insider looks at how BillGuard and Simple use Big Data.

Prosper launches $1,000 giveaway.

Dough Roller recommends using HelloWallet to keep track of your cash.

P2P-Banking looks at Zopa’s online marketing spending.

NACS Online explores the Dynamics smarter credit card.

American Banker suggests banks should consider working with merchant reward companies like Cardlytics and Cartera Commerce.

PayPal’s payments technology to reach all Home Depot locations by March.

SecondMarket exceeds $1 billion in deals.

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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