Finovate Alumni News– May 23, 2013

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  • CMS Wire reports: Linkable Networks: Improving the Customer’s Path to Purchase.
  • Lighter Capital appoints Jeff Seely to board of directors.
  • Pymnts.com reports: BillGuard Acts As Antivirus For The Disease Of Fraud.
  • Expensify to begin new pricing structure.
  • Global Finance magazine names Taulia the best worldwide invoice discount management solution.
  • Expensify will soon be made available to over 250,000 Citrix enterprise customers.
  • BillFloat extends SmartPay pilot program with Radio Shack partnership.
  • Newfination interviews Mitch Fox, co-founder of GoodApril.
  • Wired’s Beyond the Beyond column features OpenCoin in a report from the Bitcoin 2013 business convention.
  • ProfitStar’s iPay Solutions named among best places to work in Kentucky.
  • Billhighway adds the Friends of Birmingham Historical Museum & Park as new client.
  • TransferWise wins a spot on Mashable’s list of “20 Hot London Startups You Need to Watch.”
  • Yodlee and Check (formerly Pageonce) are among the companies highlighted in American Banker column on reimagining PFM for mobile.
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 2, 2013

  • Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Finovate-F-Logo.jpgNewfination interviews Adhil Shetty, founder and CEO of BankBazaar.
  • Pymnts.com features TipRanks Financial Accountability Engine. Join TipRans in San Francisco for FinovateSpring.
  • Klarna co-founder Niklas Adalberth talks about hyper growth in Europe.
  • InvestmentNews columnist takes a look at Finect. See them demo at FinovateSpring in May.
  • Yodlee forms partnership with London fintech incubator Level39.
  • Virtual Piggy wins The National Parenting Center’s 2013 Seal of Approval under the Websites category. See it demo live at FinovateSpring.
  • Signifyd receives the Merchant Risk Council’s 2013 Emerging Technology Award in the startup company category. Come see it demo live at FinovateSpring.
  • Engadget reports: PayPal and Discover expand partnership, will reach 2 million stores by year-end.
  • PandoDaily looks at Xero’s stealth period.
  • Billhighway partners with the Automation Alley Fund organization.
  • Braintree hires Google Wallet co-creator &
    former Square employee Rob von Behren as lead software engineer.

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 1, 2013

  • Finovate-F-Logo.jpgNewfination interviews Waspit’s CMO, Kasey Kaplan, to discuss how the service is helping students manage their money.
  • The National Business Review looks at Yodlee’s aggregation.
  • Prosper sees best month for loan originations, reaching $20.2M in loans for April, & $500M since inception.
  • PC Mag recommends using Dashlane as a password manager.
  • StreetInsider takes a look at Finect’s public beta launch. Join them for FinovateSpring in San Francisco.
  • Directions Magazine interviews Locaid CEO Rip Gerber on geofencing. See Locaid demo at FinovateSpring in May.
  • IntelliResponse wins 2013 CRM Excellence Award from CUSTOMER magazine. See them demo at FinovateSpring.
  • OneID chief security officer Jim Fenton weighs in on two-factor authentication. See them demo at FinovateSpring.
  • ASTD.org puts Kashoo at the top of its list of “must-have” small business apps.
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 Names Armsby New Chief Financial Officer

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Formerly the chief financial officer for View, Inc., Mike Armsby has been tapped to become Yodlee’s next CFO.

Experience in managing and accelerating growth, along with helping guide companies into new markets, are among the qualifications highlighted by company President and CEO Anil Arora when talking about the appointment. Stepping down after serving Yodlee as interim CEO is Marc Blouin, who will stay on as Senior Vice President of Finance.

While at View (formerly Soladigm), Armsby helped the company finance the expansion of its commercial production, helping raise more than $150 million through a pair of equity rounds and debt financing. Previous to his time at View, Armsby held positions at Price Waterhouse, Bain & Company, and PowerLight, where he was also CFO.

Yodlee provides financial solutions to enable and empower online banking. Headquartered in Redwood City, California, the company’s technology is used by more than 600 financial institutions and more than 40 million consumers.

Yodlee is among the companies that will be demoing at FinovateSpring in San Francisco in May. To learn more about the event, and to save your spot, visit our FinovateSpring information page here.

Finovate Alumni News– April 15, 2013

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  • INTJ Capital compares and contrasts Quantopian and QuantConnect. Join Quantopian in San Francisco for FinovateSpring.
  • MicroStrategy launches mobile app Usher, e-wallet for digital I.Ds, keys. See them demo at FinovateSpring in May.
  • Paybefore takes a look at the TSYS‘s acquisition of NetSpend and ponders “prepaid’s end game.”
  • Monitise Group Strategy Director Richard Johnson talks about trends in mobile money.
  • BancVue chooses MicroStrategy platform for business analytics.
  • CPA Practice Advisor takes a look at the new, updated iPad app from Kashoo.
  • This is Money blog looks at Zopa’s growth.
  • Yodlee awarded 50th patent for financial gadgets.
  • SoMoLend travels nationwide to teach small businesses & investors about crowdfunding.
  • Austin Business Journal considers BancVue’s inverted sales pitch.
  • Newfination hosts SoMoLend CEO, Candace Klein, who explains how the platform’s  crowdfunding capability.
  • Intelligent HQ interviews The Currency Cloud’s CEO, Michael Laven.
  • Pando Daily profiles crowdfunding pioneers like SeedInvest and SoMoLend. Join SeedInvest in May for FinovateSpring.
  • The Next Web interviews TipRanks‘s CEO and co-founder Uri Gruenbaun.
  • Chevron teams up with WattzOn to launch The Capacity Project for sustainable growth.
  • Refundo launches free iPhone app. Check out Refundo’s live demo at FinovateSpring.
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– April 9, 2013

  • Finovate-F-Logo.jpgAG Beat features Entrepreneurial Finance Lab.
  • BSCG, Mitek, and Yodlee selected as Monarch B2B Innovation Award Winners.
  • Lodo Software appoints Matthew Lawlor, former founder & CEO of Online Resources, to board of directors.
  • South African Logistics Company implements Kofax Software to Automate HR. Watch Kofax demo live at FinovateSpring.
  • Business Credit Radio features Sue Heilbronner, PaySimple’s Chief Growth Officer.
  • American Banker highlights Plastyc’s unique approach to serving prepaid card users. Watch Plastyc’s demo at FinovateSpring.
  • Mati Greenspan, senior investment consultant at eToro, explains how eToro will soon support Bitcoin.
  • American Banker looks at Braintree’s multi-merchant approach. Come see Braintree demo at FinovateSpring.
  • Live Science considers how Narrative Science
    automates journalism and report generation. See Narrative Science’s live demo at FinovateSpring.
  • Quantopian announces algorithm development competition.  The company will demo at FinovaeSpring in May.
  • Bank Innovation reports: Intuit will continue to support FinanceWorks.
  • Reuters takes a look at TipRanks. See them demo at FinovateSpring.
  • eDeposit announces major new features in upgrade of mobile app.
  • TradeHero a winner at Echelon Singapore Satellite pitch competition.
  • INTJ Capital gives kudos to Quantopian’s decision to provide for external data sets. Join Quantopian in San Francisco for FinovateSpring in May.
  • American Banker interviews Green Dot CEO and founder Steven Streit. See Green Dot demo at FinovateSpring.
  • Realty Mogul is among the companies highlighted in Upstart Business Journal column on crowd funding. See them demo at FinovateSpring.

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.

BSCG, Mitek, and Yodlee Selected as Monarch B2B Innovation Award Winners

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Recently, Business Centric Services Group (BCSG), Mitek, and Yodlee were honored at the Monarch Innovation Awards:

Business Centric Services Group (BCSG)

    • Award category: Most Innovative Industry PartnerBCSGLogo.jpg
    • Product: Business Hub, an online subscription service that gives micro business owners access to a suite of tools that provides easy-to-use solutions for common challenges.
    • FinovateEurope 2012 demo video 

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Mitek

    • Award category: Overall Most Innovative Award
    • Product: Mobile Deposit, a solution that enables financial institutions to offer remote deposit capture to their clients.
    • FinovateSpring 2012 demo video

Yodlee

    • Award Category: YodleeLogo2012.jpgHonorable Mention – Industry Partner
    • Product: Yodlee Platform, a product designed to help financial institutions reach valueable customer segments by tapping into Yodlee’s deep understanding of the unique financial needs, goals, and concerns of customers.
    • FinovateFall 2012 demo video

The awards are presented by Minnesota-based Barlow Research Associates to recognize B2B innovations within the financial services industry that provide the most innovative products to business customers.

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See Monarch’s FAQ to learn more about the Innovation Award methodology 

Finovate Alumni News– April 8, 2013

  • Finovate-F-Logo.jpgInvestors Business Daily interviews Barry Silbert, SecondMarket CEO, who says the stock market is broken.
  • Xero opening new LA office for Southern California team.
  • Bank Innovation reports: Fiserv Tops 1 Million Mobile Deposit Capture Users, 7 Million Mobile Users.
  • Radio New Zealand reports: Xero to launch fully into U.S. market in July.
  • Candace Klein, SoMoLend CEO, discusses the hardship that the SEC’s delay of the JOBS Act has caused.
  • Dwolla updates Magneto extension.
  • Yodlee receives 2013 Honorable Mention in Industry Partner category for the Barlow Research Associates’ Monarch Innovation Awards.
  • Virtual Piggy integrates with Oracle ATG Web Commerce, expands reach of network to more than 390,000 brands.
  • Mitek’s Mobile Deposit solution receives top award for Overall Most Innovative from Barlow Research Associates.
  • Management Today interviews Zopa CEO, Giles Andrews.
  • TechCrunch looks at Realty Mogul and its recent win at the Founder Showcase pitch competition. See them in action at FinovateSpring in May.
  • GreenDot and UniRush launch reloadable prepaid Visa card. Join GreenDot for FinovateSpring in San Francisco.
  • Allied Payment Network bill payment technology integrates with CSPI’s Aurora online banking platform.
  • Zooz announces partnership with ChronoPay. Join Zooz in San Francisco for FinovateSpring in May.
  • Identity Theft 911 CEO to lead discussion on social media and insurer risk at upcoming NAMIC seminar.
  • Roadtrip Nation interviews Dan Reed of Bazaarvoice.
  • Money Street Smart reviews TradeKing.
  • Hard Assets Alliance features an interview with Gold Bullion International CEO Steven Feldman.
  • Newfination interviews Taavet Hinrikus of TransferWise.
  • Engine talks about rewarding risk-takers with GoodApril founder Benny Joseph.
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– April 5, 2013

  • Finovate-F-Logo.jpgYodlee launches first phase of new Developer Portal.
  • VentureBeat looks at how PayPal’s new credit alternative for merchants simplifies financing.
  • TechCrunch reviews Braintree’s Venmo Touch. Come see its live demo at FinovateSpring.
  • Yandex announces redesign of homepage that’s 50% faster than the previous one. Check out Yandex and FinovateSpring.
  • Prosper works with the Securities Division of WA’s Dept of Finance to allow Washington residents to lend once again.
  • Life360 deploys Locaid to provide customers with free location lookups via smartphone.
  • Dignity Folklorist reviews Pageonce for iPhone.
  • Business2Community features Wallaby 2.0 for 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.

Yodlee Accelerator Program Bears Fruit with 300 Startups Served

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With 300 fintech innovators already taking advantage of Yodlee’s 10-month old accelerator program, the company’s sights are set on still more companies coming on board. In fact, Yodlee anticipates growth of more than 50% by the end of the year.

One of the key features of the program is free access to Yodlee’s API, which brings with it the ability to draw from a wealth of financial data, from bank accounts to rewards campaigns. Program companies have taken this data and run with it, building everything from eWallets to new lending services.

Aside from its role in “paying it forward” (fintech edition), Yodlee has been a very successful outfit in its own right. The company has more than 40 million users and $100 million in capital, with 20% of its customers coming from outside the United States.

It’s worth pointing out that Yodlee’s accelerated startups include a handful of Finovate alumni such as EZBOB and FreeAgent (both companies fresh from appearances at FinovateEurope). Other alumni taking advantage of Yodlee’s platform include Credit Karma, Xero, and LearnVest.

Success with the accelerator program, which was launched in May 2012, may be what has encouraged the company to launch its API incubator program to cater to a different subset of startups. So far, Yodlee has been able to incubate 10 companies, including Finovate alumn, Planwise.

Yodless was last on the Finovate stage in September 2012 as part of FinovateFall in New York. Watch a demo of Yodlee in action here, as they present their small business platform.

Finovate Alumni News– March 25, 2013

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  • Innovations in gamification help True Office win Computerworld Honors Program award.
  • Aiming for the enterprise: Mobile Payments Today features Corduro.
  • Azimo goes live on Google Affiliate Network.
  • American Banker reports: Randolph-Brooks chooses Andera’s online account opening platform.
  • The gamification revolution interviews Michelle Katics, CEO of BankersLab.
  • Kabbage takes home first place for Top B2B Innovation from PYMNTS.com.
  • Virtual Piggy taps into $10Bn Annual Market with epay Partnership.
  • eToro placed on the 2013 FinTech50 Watchlist, a shortlist of 50 companies in Europe that are redefining financial services through technology.
  • Macgasm features Tuition.io as 1 of 5 apps of the week.
  • Newfination interviews SumUp’s Florian Richter.
  • Tradeshift features Intuit’s Eric Dunn to talk about the recent partnership.
  • TechCrunch reports: Yodlee Interactive now powers financial data for 300 apps and businesses; on pace to surpass 500 in 2013.
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 — February 19, 2013

  • Thumbnail image for Finovate-F-Logo.jpgRescuecom highlights TransferWise as low cost, currency conversion option.
  • Acculynk‘s Payzur brings person-to-person payments to consumers on PULSE debit/ATM network.
  • Compass Plus helps Russian-based FI SwitchMaster reach processing benchmark.
  • ekmPowershop announces partnership with EZBOB.
  • American Banker reports: Planwise to Participate in Yodlee’s Incubator Program.
  • BillHighway hires new CFO.
  • Arroweye Solutions reports 40% growth due to 175% uptick in open loop card production, added 27 new clients in 2012.
  • Bill.com to provide Frantopia with accounting services.
  • Prosper unveils new protection for lenders.
  • The Next Web reports: Tradeshift adds support for accounting services Sage and Kashflow, helping businesses get paid.
  • Forbes considers how SoMoLend provides capital to small businesses.
  • VentureBeat reports SecondMarket is partnering with CircleUp to allow investors to invest in up-and-coming consumer product businesses.
  • Thomaston Savings Bank selects Q2ebanking’s full suite of ebanking solutions.
  • HiddenLevers launches portfolio stress testing app to help advisors generate leads.
  • Fiserv awarded Best-in-Class rating in 2012 Anti-Money Laundering Technology Review.
  • Gifting app Wrapp selects Braintree to power payments.
  • Pageonce adds person-to-person payment functionality to mobile app.
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.