Finovate Alumni News– May 17, 2013

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  • Serverside Group grants license for its US card customization patents to financial services provider, DimpleDough.
  • CashStar announces year-over-year growth in Mother’s Day eGifting cards sold.
  • MobilePaymentsToday takes a look at Zooz In-Ad Payments service.
  • FlexScore provides waiting list for access codes to beta version of their web-based financial advisor platform.
  • American Banker features crowdfunders LendUp and Realty Mogul.
  • TransCard congratulates technology partner FamZoo on winning FinovateSpring 2013 honors.

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.

Zooz Consumer Driven Payment Platform Brings One Tap Checkout for Consumers and Higher Conversion Rates for Merchants

Thumbnail image for ZOOZLogo.jpgThis post is part of our live coverage of FinovateSpring 2013.

Next up is Zooz, presenting their consumer-driven payment platform, which generates smart consumer insights to help merchants boost conversion rates while providing customers with a seamless buying experience.
“Zooz will show an exciting new feature that demonstrates an important use case of the Zooz consumer driven platform capabilities.”
Product Launched: March 2012
HQ Location: Raanana, Israel
Company Founded: June 2010
Metrics: Raised $3.5 million; 15 employees; more than 5,000 registered apps and sites
Website: zooz.com
Twitter: @ZooZpayments
Presenting Noam Inbar (VP Business Development) and Ronen Morecki (CTO & Founder)

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Finovate Alumni News– April 25, 2013

  • Bank Independent picks Jack Henry Banking’s SilverLake technology for enterprise-wide automation.
  • TSYS Merchant Solutions launches Pay in Your Currency multi-currency solution.
  • CommunityLend earns spot on Branham300’s Top 25 Up and Coming companies roster.
  • ID Analytics introduces new version of Credit Optics Credit Score for more insight into consumer behavior.
  • Kofax ranked a “Leader” by Forrester Research in The Forrester Wave report.
  • AGBeat features Kabbage. Check them out at FinovateSpring.
  • Kony Solutions announces record year in FY2013, growing 90% YOY. Hires Abhay Parasnis as President and COO.
  • Mobile World Live takes a look at Zooz’s recent funding round. Meet Zooz in San Francisco as they demo their technology as part of 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.

Zooz Closes $2 Million Series A Round Led by XSeed Capital

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Product development and building partnerships with retailers are at the top of the To-Do List for mobile payment innovator, Zooz, as the company announces the conclusion of a productive round of venture capital funding.

The $2 million in capital from XSeed and others puts Zooz’s total capital raised at $3.5 million. The company raised $1.5 million in seed funding in January 2012.

Zooz’s payment platform is designed to help merchants improve and get more out of the transactions that go through their websites and mobile apps. The company’s solution provides one tap checkout, actionable analytics that provide merchant-specific suggestions, and “device-centric” security and fraud prevention.

Zooz currently has partnerships with companies like MasterCard and First Data, as well as with Finovate alumni like Dwolla, Klarna, and PayPal. Founded in 2010 and headquartered in Israel, Zooz is led by co-founders Oren Levy (CEO) and Ronen Morecki (CTO).

Zooz is one of the companies that will be demonstrating their technology at FinovateSpring in San Francisco in May. To learn more about the event, including information on how to purchase tickets and save your spot, visit our FinovateSpring page here.

Finovate Alumni News– April 23, 2013

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  • Executive Magazine profiles TransferWise and talks Middle East expansion.
  • Reference Data Review takes a look at Fenergo’s efforts to make compliance easier and more efficient.
  • ACI Worldwide announces Universal Payments Platform.
  • TransferWise wins Estonia’s “Best E-Service” contest.
  • Joe Brancucci, CEO of GTE Financial joins Mortgage Harmony Advisory Board.
  • Keith Kelly, Mortgage Harmony CEO, awarded a Tech All-Star Award by Mortgage Banking Magazine. Check out Mortgage Harmony’s live demo at FinovateSpring.
  • Ping Identity named 2013 Top Workplace by The Denver Post for second consecutive year.
  • SecureKey named Top Growth Company in 2013 Branham300 list of Top 10 Growth Companies.
  • Global Security Services Company selects Kofax to automate accounts payable operations in Latin America. Check out Kofax at FinovateSpring.
  • ProfitStars wins 2013 Payments System Awards from NACHA – the Electronic Payments Association.
  • ACI Worldwide’s Architech Mobile Banking provides PFM, integrated bill payment and account-to-account transfers to iOS, Android smartphones.
  • Azimo wins SWIFT Innotribe challenge; advances to finals at Sibos 2013 in Dubai.
  • peerTransfer now serving more than 300 colleges and universities, has partnered with 48 new educational institutions during the first quarter of 2013.
  • Zooz closes $2 million Series A round led by XSeed Capital. See Zooz in action at FinovateSpring in May.
  • GeoComply and Locaid team up to bring geolocation services to mobile and Internet gaming industry. See Locaid demo at FinovateSpring in May.
  • Innov8social interviews Julia Streuli, head of communications for Bright Funds. Join Bright Funds in San Francisco for 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 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.