Alumni News– January 27, 2015

  • Finovate-F-Logo.jpgHarland Clarke to use CUneXus’ cplXpress to enable automated, pre-approved lending to its customers.
  • With grant from Bill & Melinda Gates Foundation, Social Money to pilot CorePro in India to help underbanked.
  • Spreedly crossed the $50 million credit card transactions per month milestone in December.
  • TechCrunch: Prosper purchases American Healthcare Lending for $21 million.
  • Cachet Financial’s Mobile Money Platform integrates with ApplePay.
  • Check out FinovateEurope 2015 Sneak Peek: Part 5. We’ll see you there in two weeks.
  • Hara Partners lists PayStand as one of five ecommerce solutions for SMBs.
  • Tradeshift partners with Recruit Holdings, Japan’s largest staffing company, to solidify presence in Japan.
  • Navy FCU’s Visa Buxx App, powered by Cachet Financial Solutions, named winner in Paybefore Awards.
  • Authentify’s xFA available on Samsung’s Solutions Exchange, enabling two/multi-factor authentication on Samsung devices.
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.

Alumni News– October 28, 2014

  • Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Finovate-F-Logo.jpgSilanis Technology launches eSignLive for Sharepoint.
  • CRIF announces acquisition of Dun & Bradstreet UAE in Dubai.
  • National Health Service website, NHS Choices, chooses Quill from Narrative Science.
  • Check Point Software announces availability of Check Point Capsule, a mobile solution that offers protection for business data and devices.
  • InComm partners with Groupo BB e Mapfre to enable consumers to purchase insurance from local vending machines and retailers in Brazil.
  • BillGuard now uses geolocation to detect credit card fraud.
  • H&R Block turns to Social Money to promote goal-based savings for Emerald Card customers.
  • Check out a spooky clip from Moven about paranormal spending activity.
  • Southern Bank Selects Malauzai Software for Mobile Banking to Ensure Bill Pay Integration, Provide Customers with PicturePay.
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.

Alumni News– October 6, 2014

  • Klarna partners with Digital River; brings Klarna Invoice’s online payment solutions to 7 European countries.
  • ACI Worldwide enters strategic partnership with Shaw Systems.
  • PayStand launches API to empower one-click payment acceptance of Bitcoin, eCheck and credit cards.
  • MasterCard teams up with Newgen to digitize Procure-to-Pay and Order-to-Cash services.
  • Infomilo lists 12 Finovate alums among its top 25 hottest fintech startups.
  • SmartyPig’s Social Money collaborates with TMG to provide prepaid payment options for millennials and underbanked.
  • Union Square FCU hires Insuritas to launch insurance agency.
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 31, 2013

  • Finovate-F-Logo.jpgIntuit to acquire FullSlate, an online scheduling company.
  • Boku partners with PassportParking, enabling consumers to pay for parking using their mobile number, and billed to carrier billing statement.
  • American Banker comments on the savings strategies of SaveUp, Betterment’s ImpulseSave, and Social Money.
  • FIS study reports: Customer engagement in real-time payments requires mobility and convenience.
  • CurrencyFair featured in prime time on Irish television news.
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.

Social Money Launches GoalSaver-Powered Solution, iWish, in India

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Yesterday, Social Money debuted iWish, a product powered by GoalSaver, in India.

ICICI Bank, India’s largest private sector bank, now allows customers to publicly save for a goal using iWish, a product that has similar features as SmartyPig, one of Social Money’s consumer products.

One difference between iWish and SmartyPig, however, is that iWish offers an interest rate of 7.5% while SmartyPig offers 1%.

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While ICICI is the first to offer a GoalSaver-powered product to its customers, there are many more FIs interested in the product, according to Scott McCormack, Social Money CEO.

To learn more about Social Money’s GoalSaver product, watch its FinovateSpring 2012 demo.

Finovate Alumni News– November 28, 2012

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  • Payelp Global partners with SafetyPay to expand online payment options for merchants and customers worldwide.
  • Enloop releases the next generation of its business planning app to help entrepreneurs plan businesses.
  • Social Money announces launch of new product, CorePro, with a new partner, The Bancorp.
  • Tradeshift announces partnership with Verbella CMG, an SAP Content mgmt. solutions provider.
  • Anton Commissaris, a founding exec of Mint.com, joins Credit Sesame as COO.
  • Betterment enhances advice for life goals.
  • Capital Access Network names advisory board to guide launch and growth of latest offering to small businesses, CapTap.
  • CNBC reports CashStar, WEX partner to provide eGift card services.
  • New partnership with Klarna helps 3dcart reach European customers.
  • Compass Plus earns high ranking in annual PayX report.
  • AdExchanger interviews Bazaarvoice Media GM Barkow.
  • Team Bronson Moneymakers reviews Jingit.
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 27, 2012

  • Thumbnail image for Thumbnail image for Thumbnail image for Finovate-F-Logo.jpgVirtual Piggy and Unity Technologies unite to bring seamless game development monetization. Check out Virtual Piggy at FinovateFall.
  • Optus launches direct billing service with Boku, RIM.
  • Des Moines blog looks at Social Money’s success.
  • WSJ considers how HelloWallet can help you manage your finances.
  • Dashlane launches app for Android. Check out Dashlane at FinovateFall in New York.
  • FXCM deploys Check Point’s 12000 and 4000 series appliances.
  • Times of Malta reports Ixaris to move office, eyes new markets.
  • Dwolla introduces reddit Donate, a new platform to give.
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 23, 2012

  • Thumbnail image for Thumbnail image for Thumbnail image for Finovate-F-Logo.jpgVirtual Piggy expands merchant base with Blee Inara’s handcrafted original jewelry.
  • Umbel forms NetAlliance partnership with Akamai. Come to FinovateFall to see Akamai’s live demo.
  • Fast Company talks with Alexa Von Tobel, LearnVest CEO. Check out LearnVest’s live demo at FinovateFall.
  • USA Today features Social Money’s SmartyPig.
  • Startup America features Bolstr. Come see Bolstr’s live demo at FinovateFall.
  • The Independent looks at how CurrencyFair helps cut cost of cash transfers abroad.
  • The Financial Brand looks at how ImpulseSave hopes to create spontaneous savers.
  • GigaOM reports Corduro aims to win over big organizations that want to modernize their payment 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– June 20, 2012

  • Thumbnail image for Thumbnail image for Thumbnail image for Finovate-F-Logo.jpg2 Minute Finance interviews TIO Networks at FinovateSpring.
  • 2 Minute Finance interviews Flint Mobile at FinovateSpring.
  • Check Point provides FXCM with integrated network protection.
  • IND Group’s technology initiates the world’s first Facebook money transfer.
  • Kashoo named most promising startup at 2012 BCTIA Technology Impact Awards.
  • DCisions awarded an Australian patent for business method.
  • SmartyPig, Social Money’s goal-based savings product, increases its interest rate to 1% APY.
  • TechCrunch reports PayPal rolls out a touch-friendly website redesign.
  • US News lists Buxfer, YouNeedABudget, Pennyminder, Yodlee, Geezeo, Mint as personal finance tools you should use.
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.

Social Money’s GoalSaver Helps Financial Institutions Create a Fun Way to Save

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Next, Social Money (formerly SmartyPig) demonstrated how its GoalSaver platform can transform a bank’s social initiatives:

“By using the configurable GoalSaver program, any financial services company in the world may offer its customer base an innovative and attractive approach to saving – quickly and for a fraction of the cost of a new program. 

The product helps any FI create a social strategy, increase customer engagement and retention, cross-sell other products, drive brand awareness, and gather valuable data on future spending. The system is available to any bank, in any language, using any currency, as a way to create a scalable and customizable application for goal savings. GoalSaver may also be leveraged by leading merchants (Christmas clubs and wish lists), and a host of other industries, such as prepaid or payment processing companies.”

Product Launched: May 2012
HQ Location: West Des Moines, IA
Company Founded: January 2007 (Formerly SmartyPig)
Introducing Mike Ferrari (Co-Founder) and Scott McCormack (CEO)

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Finovate Alumni News– May 1, 2012

  • Thumbnail image for Thumbnail image for Thumbnail image for Finovate-F-Logo.jpgDoughMain launches savings tool for kids.
  • Actiance expands platform with vantage for Microsoft SharePoint. Come see Actiance at FinovateSpring next week.
  • The Des Moines Register reports Social Money is set to more than double its workforce, hiring 35. Check out Social Money’s live demo at FinovateSpring.
  • Spend Matters covers Taulia (part 2). Watch Taulia demo at FinovateSpring.
  • Your Finances Simplified blog lists the top 11 reasons you should use Yodlee MoneyCenter.
  • Gamification of Work blog explains how Bobber Interactive makes personal finance engaging.
  • Credit Union Times reports Q2ebanking Integrates Trusteer Malware Protection.
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.

Social Money Announces Partnership with ICICI Bank in India

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Des Moines-based Social Money, the creator of GoalSaver technology and owner of SmartyPig, announced a partnership with ICICI Bank in India yesterday.

The 2,700-branch bank will have access to Social Money’s GoalSaver product (pictured right). While the bank has not yet disclosed how it will use the product, Bank Innovation shares an inside scoop:

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“Broadly, GoalSaver hopes to enliven checking accounts with social networking features and a better user interface. The product boasts a goal feature, for example, which lets a customer share his goal savings progress with his networks on Facebook and Twitter, if he wishes.”

ICICI Bank, located in 20 countries, plays a large role in Social Money’s international strategy. It will launch the product later this year. 

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To learn more about Social Money, come to FinovateSpring and watch its live demo. To learn more about SmartyPig, watch its FinovateFall 2010 demo.