Finovate Alumni News– November 9, 2012

  • Billcom adds open APIs to banking platform.
  • Blackhawk Network Announces New Financial Service Products in Canada.
  • Startup Central looks at Heckyl, Clari5 and BankBazaar at FinovateAsia.
  • VentureBeat considers SecondMarket’s partnership with Angellist.
  • M.O. interviews Constancio Larguia, CEO & founder of Weemba.
  • SiliconBeat looks at Personal Capital’s 401(k) product.
  • Kabbage Becomes Exclusive Funding Provider for Bonanza Sellers.
  • American Banker reports: Bill.com Ties Cash-Flow Tools to Banks’ Small Business Software.
  • Finextra reports UBank gathers transaction data for spending comparison site.
  • ShopKeep POS announces entry into the quick serve market with full kitchen printing capabilities.
  • Mashable lists SimpleTuition, ReadyForZero, and Tuition.io as tools to help minimize student loan debt.
  • Capital Access Network moves Headquarters to NYC.
  • Crowdfund Insider reports SoMoLend Announces New York Expansion.
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.

Finovate Alumni News– October 1, 2012

  • Thumbnail image for Thumbnail image for Thumbnail image for Finovate-F-Logo.jpgAmerican Banking Journal reflects on FinovateFall.
  • USA Today launches portfolio tracker powered by SigFig.
  • Tagit appoints new CEO, gears up for rapid expansion.
  • American Banker looks at Dwolla’s ACH alternative.
  • Moment NYC blog considers tech from FinovateFall.
  • GigaOM reports Outright teams up with PayPal and Expensify.
  • Inc. Magazine features financing from Lighter Capital as a way to expand small business.
  • Huffington Post reports Kabbage faces competition from Amazon’s new lending service.
  • InComm partners with Ifeelgoods to offer electronic gift cards.
  • WSJ names ThreatMetrix to “Next Big Thing” list. Ranks among top 50 startups in US.
  • Singapore-based PlayMoolah announces partnership with OCBC Bank.
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.

Finovate Alumni News– August 2, 2012

  • Thumbnail image for Thumbnail image for Thumbnail image for Finovate-F-Logo.jpgBanno’s new solution eases cross-channel headaches for FIs.
  • Virtual Piggy’s kid-friendly online payment platform.
  • ID Theft 911 partners with Cincinnati Insurance Company.
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.

Finovate Alumni News– July 3, 2012

  • Thumbnail image for Thumbnail image for Thumbnail image for Finovate-F-Logo.jpgAmerican Banker looks at how Simple (@Simplify) is using open source technology.
  • Bloomberg Businessweek features SigFig CEO, Mike Sha, discussing SigFig’s business model.
  • Social Lending Network reports Lending Club breaks $50 million in loans, Prosper issues a record $13.6 million in new P2P loans In June.
  • Southwest Airlines’ Spirit magazine features FutureAdvisor.
  • ABA Subsidiary and Mortgagebot agree to extend Alliance Agreement.
  • American Banker explains how SecondMarket is helping a privately-held bank in Texas find buyers for its stock.
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.

SigFig Launches Native Apps for iOS, Android

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Online investment management site, SigFig, released mobile versions of its platform for iPhone, iPad, and Android devices today. 

The free, native app enables users to:

    • See all of their investment accounts in one place
    • Track their stocks, mutual funds, and ETFs in real-time
    • Use charts to check performance, allocation, and risk
    • Use SigFig’s investment advice engine to quickly optimize their portfolio
    • Sync with over 60 brokerages
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To learn more about SigFig, watch its FinovateFall 2011 demo.

Finovate Alumni News– July 2, 2012

  • Thumbnail image for Thumbnail image for Thumbnail image for Finovate-F-Logo.jpgCartera Commerce recognized with a Golden Link award for its OfferLink network.
  • Coffee Not Included blog looks at how Buxfer approaches money management.
  • Madame Noir interviews Blaze Mobile CEO & Founder, Michelle Fisher.
  • InComm to continue the sale of gift card products in all new jersey stores.
  • Virtual Piggy appoints John Paul DeJoria to board of advisors.
  • Lighter Capital invests in 3 new companies.
  • SigFig Launches Native Apps for iOS, Android.
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.

Finovate Alumni News– June 18, 2012

  • Thumbnail image for Thumbnail image for Thumbnail image for Finovate-F-Logo.jpgSimple sends out a wave of new beta invites, including one to Square’s co-founder.
  • The Financial Services Club explores how Fidor Bank is innovating in the traditional banking space.
  • Wall Street Journal looks at Doxo’s role in the bill payment space.
  • Barrons examines how SigFig’s portfolio managers work.
  • American Banker reports BankSimple Aims to Simplify Opening Online Accounts using Andera’s SDK.
  • The Wall Street Journal examines innovation in fintech.
  • Dwolla’s FiSync goes live.
  • Geezeo signs Missouri Credit Union.
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.

Finovate Alumni News– June 4, 2012

  • Thumbnail image for Thumbnail image for Thumbnail image for Finovate-F-Logo.jpgO’Reilly Radar takes an in-depth look at FutureAdvisor, interviews CEO Bo Lu.
  • Business Insider recommends Mint & BillGuard as worthy personal finance apps to help you control your finances.
  • Strands Finance, selected as tech partner of PostFinance, a Swiss FI & payment transactions provider.
  • HIT Consultant features Diversinet CEO on Newest Podcast.
  • Security Service FCU selects Tyfone to deliver next gen mobile services.
  • PaySimple named to JMP Securities Hot 100 Software Companies 2012.
  • Austin’s Statesman.com asks: Can Bazaarvoice IPO be catalyst for new wave of startups?
  • Altoona’s Hearld-Index profiles T8 Webare.
  • Barron’s looks at SigFig as A Take-Charge Portfolio Manager.
  • InComm & Absolute Software form partnership.
  • The Examiner looks at how Virtual Piggy is protecting kids online & interviews Founder & CEO, Dr. Jo Webber.
  • Check out the latest founder interview: Laura Mather of Silver Tail Systems.
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.

Finovate Alumni News– May 24, 2012

  • Thumbnail image for Thumbnail image for Thumbnail image for Finovate-F-Logo.jpgBank Technology News reports WattzOn Helps Banks Help Customers Save on Energy Bills.
  • Fast Company reports Personal Capital’s beautiful app convinces the wealthy to trust their money to strangers.
  • TechCrunch reports that Mint.com updated its app to allow users to split transactions.
  • Crain’sNewYorkBusiness.com describes how BillGuard fits into the Big Data scene.
  • How DCisions, Personal Capital, SigFig, FutureAdvisor, and Jemstep Are Shaking Up Wealth Management.
  • Klarna adds Nigel Morris, co-founder of Capital One, and Anton Levy, MD of General Atlantic, to its board of directors.
  • Westmoreland Community FCU chooses Geezeo for PFM.
  • StockTwits debuts new social signals features.
  • Kony Solutions announces $15 million series C financing.
  • Mitek enables $10 billion worth of mobile deposits.
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.

How DCisions, Personal Capital, SigFig, FutureAdvisor, and Jemstep Are Shaking Up Wealth Management

The wealth management industry has seen increased press coverage lately. Take, for example, The Economist’s recent piece discussing how increased competition from startups has tempted clients into moving assets to lower-cost alternatives.

The article mentions DCisions, a startup tackling the big data around client portfolios. It also highlights Personal Capital, which launched at FinovateFall. The Economist states that the startup’s online platform:

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“… tries to straddle the world between cheap online wealth management and the old world of private banking”

Aside from the cost, one of the largest benefits of moving your 
millions into a startup like Personal Capital is that the investment advice is unbiased. This is a topic that Business Insider covered last week, voicing concerns that clients’ brokers are “royally screwing them over.”

The article states:

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“With no other fees to compare your own to, you could wind up paying for far more than you should – especially if your broker’s working on commission.”

To ease this concern, the article recommends using
DIY tools such as SigFig, FutureAdvisor, or Jemstep. These tools help you see how your funds are performing and how much you’re paying in fees.

To learn more about these companies, watch DCisions’ FinovateEurope 2012 demo, Personal Capital’s FinovateFall 2011 demo, SigFig’s FinovateFall 2011 demo, FutureAdvisor’s FinovateSpring 2012 demo (coming soon), or Jemstep’s FinovateSpring 2010 demo

Finovate Alumni News– May 18, 2012

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  • Business Insider examines how SigFig, JemStep, and FutureAdvisor can help manage your investments.
  • Work Goes Strong recommends using Planwise to help get out of debt.
  • Huffington Post interviews Bill Harris, Personal Capital CEO.
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.

Finovate Alumni News– May 4, 2012

  • Thumbnail image for Thumbnail image for Thumbnail image for Finovate-F-Logo.jpgTechCrunch hosts Jon Stein, Betterment CEO, to talk about the future of investing.
  • Backbase signs Higher One, a leading financial services provider for colleges & universities.
  • Bank Technology News reports Yodlee opens a workshop to boost startups.
  • TechCrunch reports SigFig launches.
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.