Yodlee Debuts TANDEM to Help Groups Manage and Discuss Shared Finances

This post is part of our live coverage of FinovateFall 2013.

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Yodlee took the stage next to debut its new TANDEM product:
“When it comes to finances, where you stand depends on which “hat” you’re wearing. Most people have several “shared finances” in their life. Elderly parents. Spouses. Children. Friends. Now, through a single app, you can manage them all. Yodlee created TANDEM to enable safe and meaningful dialogue about finances between individuals and among groups. 
With its unique tools to access, learn, manage, project, and control, TANDEM empowers you to make financial decisions as a family, a couple, a group, or a parent.  And making financial decisions has never been more rewarding or more actionable. Close, Closer, Closest. Regardless of the relationship(s), you get one app, different views, full financial control.”
Product Launch: September 2013
Metrics: Yodlee is a global financial leader with 600+ customers, 50M+ users, and more than 700 employees worldwide. From leading financial institutions to Fortune 500 consumer service companies to the coolest startups, Yodlee powers innovative digital services shaping the future of customer interactions. With 25%+ year-over-year revenue growth, Yodlee continues to expand in existing and new markets globally.
Product distribution strategy: Direct to Business (B2B), through financial institutions, & through other fintech companies and platforms
HQ: Redwood City, CA
Founded: February 1999
Website: yodlee.com
Twitter: @yodlee
Presenting Anil Arora (President & CEO) and Katy Gibson (VP Applications)
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The full demo video will be available at finovate.com in mid-September.

Finovate Alumni News– September 6, 2013

  • 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.

Finovate Alumni News– August 28, 2013

  • FinovateLOGO.jpgAmerican Banker takes a look at NEXT, Yodlee’s incubation, acceleration, and cultivation program for fintech startups.
  • PreCash launches Evolve Money for paying bills online or on the go.
  • Invapay to deploy Kalixa’s Accept acquiring and payment gateway services.
  • Swipely launches new feature that allows users to review sales for any time period.
  • MoneyDesktop welcomes new VP to management team.
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 22, 2013

  • 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.

Persint, StockSmart Begin Incubation Phase of Yodlee’s NEXT

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Finovate alumni Persint (Spring 2013) and StockSmart (Fall 2013) are starting off the week with a bang. Both companies have been selected to participate in Yodlee Interactive’s NEXT, a partner lifecycle program for fintech startups and entrepreneurs.

The goal of NEXT is to “promote and accelerate” innovation in the fintech space. The program consists of an initial incubation stage, during which the companies are given free access to Yodlee Interactive’s API for six months. Those companies that show “marked traction” will be invited to the second, acceleration stage and, after that, a final cultivation stage. The two latter stages give the startups opportunities to work with industry veterans and Yodlee partners.

Learn more about Yodlee’s NEXT program here.
Thumbnail image for YodleeLogo2012.jpgYodlee is a leading financial innovation platform, with more than 600 companies around the world using it to power financial applications and services. Headquartered in Redwood City, Yodlee last appeared on the Finovate stage in 2012 in New York, and will be returning to the Big Apple this year as part of FinovateFall 2013.

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Persint is a Finovate alumn that demoed its customer analytics technology at FinovateSpring 2013 in San Francisco. The Atlanta-based company was founded in March 2012 by Steve Coton and Curry Pelot. See their demo from earlier this spring here.
StockSmart will be making its Finovate debut in Sepember, joining us in New York for FinvoateFall 2013. Learn more about StockSmart here.

Finovate Alumni News– August 19, 2013

  • FinovateLOGO.jpgPersint among four new startups entering incubation phase of Yodlee Interactive Partner Lifecycle Program, NEXT.
  • Virtual Piggy to provide payment system to video game publisher Marvelous USA.
  • TSYS announces integration with FICO fraud management technology.
  • Monitise SVP of Strategy Richard Johnson talks about “making money mobile” at the Wired Money conference.
  • StockSmart joins Yodlee Interactive’s NEXT program for nurturing fintech startups. See StockSmart demo at FinovateFall in New York.
  • Fidor Bank customers to get access to social trading platform ayondo.
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.

Meet the Innovators of FinovateFall 2013

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FinovateFall 2013 is right around the corner. That means it’s time to start getting to know the entrepreneurs and innovators that will be presenting their technologies on stage in New York City in September.

Remember, the early bird deadline is this Friday, August 2nd. So to reserve your spot and register now.

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Akimbo Financial offers a social bank account alternative that makes sharing money easier than ever.
authenticIDs identity tools pictureID and catfishID, are the most accurate, time-saving solutions for the forms of ID we already carry.
Backbase‘s Launchpad, the Commercial Banking Edition, making CFO’s work easier.
BehavioSec uses behavioral analytics to transparently tackle web and mobile security.
BillFloat revolutionizes credit delivery to consumers and businesses.
Biometric Signature ID has a patented software-only biometric for secure ID online verification.
BizEquity is the first and leading cloud-based business valuation engine, an innovative solution to small business lead generation.
Capital Access Network is the largest and most experienced small business finance specialist.
Cardlytics uses consumer purchase data to drive a patented advertising platform. Ads are so relevant–they’re expected. 
CoverHound is a comparison insurance adviser, helping people discover, buy, and manage insurance online.
CR2 is the innovative provider of self-service banking solutions including ATM, Internet, and mobile banking.
DoubleBeam‘s SDK powers mPayments inside other mobile apps, helping signup customers quickly and save a ton on the cost of payments.
FinanceIt offers businesses the ability to provide consumer financing to their customers at the POS.
Financial Guard helps you protect your investments, providing online investment advice at the right price, finally.
Finect is the leading online network for the financial services industry.
Fiserv is a leading global technology provider serving the financial services industry, driving innovation in payments.
FlexScore “gamifies” financial planning, gives a “score” of your financial fitness, and provides education, advice, peer comparisons.
Float Money offers interest-free credit to members of its shopping club and financial health partners.
FutureAdvisor manages your investments for better returns, making quality financial advice available to everyone.
GMC Software Technology is a leading software developer of solutions that transform the customer experience.
Guide Financial is like a healthcheck for your finances – automatically scanning your accounts for ways you can earn or save more, and providing simple, easy fixes.
Ignite Sales is the leader in retail banking, customer acquisition, and retention technology.
Innovation Agency, where you can execute on your innovation mandate and unlock the wealth of ideas in your ecosystems.
Instabank – Beautiful money.
Interactions provides natural language Virtual Assistant application services for the automation customer care processes.
Jumio is a next generation credentials management company offering payments and ID scanning and validation products for mobile and web transactions.
Kofax is a leading provider of smart process applications that simplify the business critical First Mile of information-intensive customer interactions.
LearnVest empowers people everywhere to take control of their money and live their richest lives.
Level Money is a financial GPS, designed to replace budgeting.
Lighter Capital provides growth capital to technology companies in a highly-automated basis – Capital-as-a-Service.
Lumesis provides software for the fixed income municipal market. Compliance and credit-focused. 
Luminous is a boutique innovation company that has become synonymous with innovative banking around the world.
Manilla is the leading free and secure service to simplify and organize daily financial life.
MasterCard is a technology company in the global payments industry, operating the world’s fastest payments processing network.
mBank is the biggest, pure-play online bank and the third largest retail bank in Poland.
miiCard is the first digital identity verification service to prove ‘you are who you say you are’ entirely online.
Mitek is positioned as the leading innovator in mobile imaging software. 
MoneyDesktop empowers financial institutions to provide online/mobile banking experiences to promote personal financial intelligence.
Motif Investing is a thematic, customizable, low-cost and crowdsourceable ETF-like product that is disrupting investing economics.

Narrative Science
 
enables companies to uncover the insight hidden in their data and create new content at a scale and frequency never before possible.
Numbrs – One App – Every Bank.
P2P Cash is the mobile wallet with switch technology that allows us to aggregate all other mWallets and mobile financial services.
PayWith is powered by MasterCard. Funded by Merchants. Loved by Consumers.
PhonyInvoices provides invoice fraud detection and prevention. We check a company’s vendor lists and transactions for suspicious activity.
Place2Give provides valuable and trustworthy information to make the most impactful social capital investment decisions.
QuarterSpot lending platform delivers the lowest cost and most favorable term small business loans.
RevolutionCredit is a revolutionary solution that transforms the credit decisioning process for both creditors and consumers.
SaaS Markets is the enterprise app store company for financial organizations looking to leverage cloud-based applications for their employees or customers.
SavedPlus is an automatic savings program that helps customers save money with every purchase.
Simple Verity provides business credit reports on any SMB in America.
Socure offers a social identity verification solution to combat the growing risk of online identity fraud for financial institutions.
SpearFysh leverages mobile, speech analytics, big data, and SaaS technology to improve sales processes and drive growth.
Spreedly provides vault cards in the cloud and work with more than 50 payment gateways.
StockSmart apps and platform offer insight and information on the world’s best companies and people.
StrategyCorps delivers local/mobile/social consumer checking solutions so appealing and relevant, your customers will gladly pay for them.
Tinkoff Credit Systems is Russia’s leading provider of online financial services.
TipRanks is a cloud-based service that measures the performance of anyone giving investment advice.
Toopher eliminates online fraud using your phone’s location. Simple, secure, your phone stays in your pocket.
Unleash is the cloud CFO that helps small businesses make better decisions faster.
VerifyValid and Deluxe are giving checks their first major upgrade in more than 200 years.
Versafe protects all users from all malware, threat types. On all devices, all transparently. 
WordSentry software analyzes messages during composition, identifying non-compliant components, for correction before sending.
Yodlee is the platform for financial innovation, powering the world’s largest collection of transactional data.
Yseop creates a new age where financial services delivered to customers are driven by AI and human collaboration.
Zenmonics is a global technology services and mobile product provider to the financial services market.
Zighra empowers banks and financial institutions to leverage implicit mobile user authentication and accelerate payments.
Zooz provides complete payment essentials at your fingertips: a robust set of tools that will improve the payment process.
Plus more stealth companies to be announced in the weeks to come.
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To find out more about the upcoming FinovateFall 2013 event in New York, September 10 and 11, visit our FinovateFall information page here.

Fourteen Alums Recognized in AlwaysOn Global 250 Awards

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This year, 12 Finovate alums were selected among 250 other winners in the AlwaysOn Global 250 awards, and two Finovate alums were identified among 50 other Companies to Watch.

The awards honor the top 250 U.S.-based private tech companies, plus recognize 50 to watch. Some of the underlying themes in this group of 300 innovative companies include mobile technology, cloud-based solutions, and social network integration.

Here are the 12 Finovate alum winners of the 250 Awards, listed in alphabetical order:

BillFloat

    • Category: Consumer Internet
    • Headquarters: San Francisco, CA
    • Founded: 2009
    • CEO: Ryan Gilbert
    • Total funding: $32.5 million
    • FinovateSpring 2011 demo video
    • Category: B2B Applications- SaaS and Enterprise
    • Headquarters: Lexington, MA
    • Founded: 2005
    • CEO: Tom Beecher
    • Total funding: $21.2 million
    • FinovateFall 2011 demo video
    • Category: Consumer Internet
    • Headquarters: Atlanta, GA
    • Founded: 2009
    • CEO: Rob Frohwein
    • Total funding: $53.7 million (plus $91.7 million in debt funding)
    • FinovateSpring 2013 demo video
    • Category: Consumer Internet
    • Headquarters: San Francisco, CA
    • Founded: 2006
    • CEO: Renaud Laplanche
    • Total funding: $220 million
    • FinovateStartup 2009 demo video
    • Category: B2B Applications- SaaS and Enterprise
    • Headquarters: New York, NY
    • Founded: 2007
    • CEO: Noah Breslow
    • Total funding: $102 million
    • FinovateSpring 2012 demo video
    • Category: B2B Applications- SaaS and Enterprise
    • Headquarters: Denver, CO
    • Founded: 2002
    • CEO: Andre Durand
    • Total funding: $78 million
    • FinovateEurope 2012 demo video
Placecast 

    • Category: B2B Applications – Mobile
    • Headquarters: San Francisco, CA
    • Founded: 2005
    • CEO: Alistair Goodman
    • Total funding: $8 million
    • FinovateSpring demo video
    • Category: B2B Applications- SaaS and Enterprise
    • Headquarters: San Jose, CA
    • Founded: 2005
    • CEO: Reed Taussig
    • Total funding: $36.2 million
    • FinovateStartup 2009 demo video
    • Category: Consumer Internet
    • Headquarters: London, UK
    • Founded: 2007
    • CEO: Errol Damelin
    • Total funding: $145 million
    • FinovateFall 2010 demo video
    • Category: Consumer Internet
    • Headquarters: Redwood City, CA
    • Founded: 1999
    • CEO: Anil Arora
    • Total funding: $116 million
    • FinovateFall 2010 demo video
Here are the two listed in the Companies to Watch category:

All companies were selected by industry experts in the following organizations:

  • The AlwaysOn editorial team
  • Morgan Stanley
  • KPMG
  • GSV Capital
  • Greylock
  • Google Ventures
  • New Enterprise Associates
  • Flybridge Capital Partners
  • Accel Ventures
  • Bridge Bank
  • Venrock
  • SV Angel
  • Roth Capital Partners
  • Intel Capital
  • Menlo Ventures
  • Khosla Ventures
  • FirstMark Capital
  • Doll Capital Management
  • Benchmark Capital
  • Cooley
  • GGV Capital
  • Finovate Alumni News– July 24, 2013

    • Finovate-F-Logo.jpgCardlytics hires Jim Morgan as its first CFO.
    • Yodlee lets U.K. lenders view prospects’ bank account data.
    • Q2ebanking expands into 85,000 square foot Austin corporate headquarters, poised for continued growth with new talent.
    • TechMarketView reports: ValidSoft offering additional security in a multi-channel world.
    • Congruity Solutions features ShopKeep POS on radio talk show.
    • ProfitStars introduces iPay OneClick bill pay and Andiamo, a way to deploy mobile services without core integration.
    • Fidor Bank AG to create “liability umbrella” in new partnership with German bit coin marketplace, Bitcoin.de.
    • The Currency Cloud nominated for Best Online Payments Solution (Merchants) in 2013 Payments Awards.
    • Bank Info Security interviews Akamai’s Fran Trentley on security challenges in the mobile environment.
    • Paul Miniutti of ProfitStars talks about the link between ATMs, mobile devices, and P2P payments.
    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, 2013

    • Finovate-F-Logo.jpgYodlee launches suite of solutions to give self-directed investors a full picture of their wealth and investments in one place.
    • Forbes lists Narrative Science as 1 of 5 exciting tech companies you’ve probably never heard of.
    • Huffington Post features Personal Capital, Mint, and Manilla as tools to organize finances.
    • First Federal Bank and United Community Bank have selected Fiserv’s DNA account processing platform.
    • Commerce Bancshares extends use of Alogent Payments Gateway from ProfitStars.
    • Thomsen Reuters announces availability of Checkpoint Pocket Assistant for the iPhone, free app for tax professionals.
    • Check to provide mobile bill pay to Desert Water Agency customers.
    • NYSE CIO Peter Leukert to lead FIS’s strategy and thought leadership team.
    • Technologies from Kalixa, DeviceFidelity, and MasterCard combine to bring moneto mobile wallet to the U.K.
    • VerifyValid partners with Deluxe to offer secure check payment solution to small businesses. See VerifyValid demo at FinovateFall 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.

    Yodlee Launches Suite of Solutions to Give Self-Directed Investors a Full Picture of Their Wealth and Investments in One Place

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    Financial management solutions company Yodlee has added another suite of solutions to its existing offerings for retail, small business, and cards-only customers. It recently added a platform called WealthCenter, which caters to self-directed investors who prefer to manage their own investments online.

    The suite includes:

      • Getting Started creates a task list for the user to help them aggregate all of their accounts
      • Net Worth tracks assets and liabilities, showing changes in net worth over time
      • Watch List shows winning and losing investments based on the user’s holdings
      • Investment Holdings presents a rounded view of holdings, with insight into trending holdings based on geographic area
      • News and Research presents the latest news based on the user’s holdings
      • Asset Allocation shows how assets are allocated
    The new offering helps financial institutions better interact with the 73% of investors who make their own investment decisions. It enables them to provide a single point where they can access investment accounts held across different institutions.

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    To learn more about Yodlee, watch its FinovateFall 2012 demo where it showcased its Small Business Center.

    Finovate Alumni News– July 3, 2013

    • Finovate-F-Logo.jpgSmithsonian Magazine features how BehavioSec authenticates users.
    • NECN.com features Tom Leighton, CEO of Akamai Technologies to talk about how Akamai makes the internet faster and safer for its clients.
    • Ixaris launches Ixaris Payments Server to help banks build their own corporate prepaid programs.
    • Android Police reviews EyeVerify.
    • Tasker Payment Gateways CEO touts alliance with Flint Mobile.
    • CurrencyFair featured in The Independent column on saving money when sending cash overseas.
    • Yodlee expands international reach by partnering with BlueChilli, a Sydney-based technology startup incubator.
    • Linkable Networks wins endorsement from American Bankers Association for its card-linked offer technology.
    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.