Alumni News — Week of April 25, 2011

On April 27, Prosper gave 200 new lenders $104 to get started. The company is celebrating the news that prosper lenders are averaging 10.4% returns. http://bit.ly/finovate426111

American Banker on Yodlee and Geezeo growth in the PFM market. Yodlee grows French market, and Geezeo signs more credit unions. http://bit.ly/finovate429111
Author Jean Chatzky opens her Debt Diet Challenge to 5 Credit.com readers who are in debt. http://bit.ly/lDmZ54
Bank Innovations highlights six companies as noteworthy to see at Finovate Spring on May 10th & 11th in San Francisco. http://bit.ly/kqBr39
Bill.com releases site upgrade. The upgrade, made over the Easter weekend, includes improved calendar, a revised mobile application, receivables managements and online payments and more. http://bit.ly/finovate427113
BrightScope featured on TechCrunch. The post highlights BrightScope’s launch of advisor pages. http://tcrn.ch/finovate426113
Capital Access Network awarded prestigious award. The company won the 2011 Monarch Innovation Award from Barlow Research Associates. http://bit.ly/finovate425113
CashEdge’s Small Business Survey finds that small businesses want electronic payment solutions. http://bit.ly/kmC1lM
Consumer Reports integrates BillShrink’s recommendations into reviews. BillShrink has similar affiliate relationships with Walmart.com and T-Mobile. http://tcrn.ch/finovate426112
Credit Karma releases Credit Score Climate Report stating credit scores fell two points in the Q1 2011. http://mwne.ws/lnXZn7
Currensee makes Lead411’s Hottest Boston Tech Companies list second year in a row. See them at Finovate Spring. http://bit.ly/lmrLNK
H&R Block names former eBay exec as new CEO. http://buswk.co/ipszZa
Mengia signs with Icelandic banks, Arion and Landsbanki. Mengia will provide PFM services to both banks, which will provide 90% of Icelandic banking customers with access to an integrated PFM platform. http://bit.ly/finovate427112
Monitise launches Hong Kong mobile service with JETCO, which will help it break into the Asia Pacific market. http://bit.ly/kEEcCP
Stock Twits names Francisc Costello chief operating officer.  http://bit.ly/finovate429114
Tile Financial releases the “Spend Grow Give” app. Now available free in the App Store. http://bit.ly/finovate425111
USA Today covers BrightScope’s new tool for choosing the right financial adviser & informs what attributes to look for. http://usat.ly/msrb7l
Wescom Resources Group offers Geezeo PFM to clients. Wescom will be rolling out Geezeo as a complement to the Credit Union’s existing online banking platform. http://bit.ly/finovate425112
Xero releases Xero Touch, its new app built on HTML5 that will run on iPhone, Android, Windows7 and Blackberry. http://bit.ly/eLPrdA
Yodlee holds a mobile banking webinar on May 3. Attendance is free. Details online at  http://bit.ly/finovate427111

Alumni News — Week of March 28, 2011

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Bill.com and Doxo recognized as “AlwaysOn OnDemand 100 Top Private Company.” http://bit.ly/finovate329114 http://bit.ly/finovate329115
Bling Nation launches Social Connect platform. The platform allows Bling users to connect online with social rewards features from their favorite merchants. http://bit.ly/finovate328113
Bobber Interactive garners $1.1 million Series A funding round. This funding round was led by PEAK6 Investments. http://bit.ly/finovate41113
Capital Access expands remittance program to include Puerto Rico and 21 more countries. The Capital Access platform is designed for “daily” remittances and revenue-sharing programs.  http://bit.ly/finovate329111
COCC selects mFoundry as mobile banking partners. The company has selected mFoundry’s mobile INSIGHT product for multi-mode mobile banking services. http://bit.ly/finovate328114
Mint.com launches “Quest for Money” online game. The game is intended for middle school students and is available to play online. http://bit.ly/finovate411111
Morningstar to provide mutual fund Platform to eRollover. eRollover users will have access to Morningstar’s historical information and comparison tools for mutual funds. http://bit.ly/finovate329113
Silver Tail Systems wins Emergent Technology Award. The award, given by the Merchant Risk Council, is rewarding the company’s innovative security systems. http://mwne.ws/finovate328112
Sybase argues NFC is “way overhyped.” In VentureBeat Sybase President Marty Beard argues that it isn’t proven that NFC really is better than the other technologies available. http://bit.ly/finovate41112
Xero launches integrated payroll solution. http://bit.ly/finovate329112