First Look: Google Wallet "Pay by Gmail" (and the Pain of Authentication)

As you probably already know, last week Google launched P2P payments via Gmail (and through the Google Wallet mobile/online interface). Once authenticated, users simply “attach” funds to an email message (see inset). Bank transfers (e.g., ACH) are free while card-based payments will cost senders 2.9% of the amount, with a $0.30 minimum. However, all transactions Read more…

ValidSoft Uses “SMART” Technology to Protect Mobile Payment and MBanking Transactions

This is a part of our live coverage of FinovateSpring 2013. Then, ValidSoft took the stage to demo its Secure Mobile Architecture for Real-time Transactions, SMART: “ValidSoft’s SMART platform caters for the disparity in mobile networks and devices, use cases and the corresponding transactional risk intrinsic in mobile payment applications. SMART achieves this by providing a layered Read more…

Arxan Helps Defend Financial Institutions’ Mobile Apps Against Fraud, Malware, and Unauthorized Access

This is a part of our live coverage of FinovateSpring 2013. Then, Arxan Technology demonstrated how its Mobile App Integrity Protection products defend financial institutions’ mobile apps: “Arxan’s Mobile Application Integrity Protection products deliver critical defense and shielding at the application layer with static and active self-defend and tamper-proof attributes. By deploying Arxan protected apps, financial Read more…

LICUOS Launches Secure, B2B Payables, Receivables Processing Solution

This post is part of our live coverage of FinovateSpring 2013. Coming to the stage next to present their global B2B payment platform is Madrid-based LICUOS. “LICUOS is demoing its core technology: a unique proprietary and patent-pending technology that enables an efficient and highly secure processing of accounts payable and receivable transactions, 24/7 and in Read more…

TSYS, People-Centered Payments and Spend Controls for Consumers

This is part of our live coverage of FinovateSpring 2013. Next to the stage is TSYS, presenting their consumer spending controls solution. “TSYS Spend Controls for Consumers provides convenience, control, and peace of mind with the power to turn the consumer’s browser or connected device into a 21st century financial control center. They can remotely Read more…

Virtual Piggy’s New Mobile App Helps Kids Make Online Transactions

This is a part of our live coverage of FinovateSpring 2013. Third up to the stage this afternoon, Virtual Piggy showcased its mobile app: “Virtual Piggy’s new mobile app will bring an innovative new technology to the market that will have a disruptive impact on global m-commerce. With over a billion U18’s worldwide shopping online Read more…

MicroStrategy Unveils Usher to Take Online Banking Beyond Usernames and Passwords

This post is part of our live coverage of FinovateSpring 2013. The next presentation is from MicroStrategy, whose product Usher helps FIs provide digital credentials to their customers, replacing a variety of more cumbersome authentication measures. “Usher is the world’s first mobile identity network and is the foundation for an extraordinary array of identity-based services. Read more…

FIS Launches its Cloud-Based Mobile Wallet Platform with Cardless Cash Access

This post is part of our live coverage of FinovateSpring 2013. Mobile banking veterans FIS are now coming to the stage to unveil their new mobile wallet. “The FIS Mobile Wallet is a cloud-based platform that gives financial institutions control of the branding and user experience within the application. As a fully enabled commerce solution, Read more…

EyeVerify’s Eyeprints Provide Mobile Biometric Identity Verification

This post is part of our live coverage of FinovateSpring 2013. Starting off the show here in San Francisco is EyeVerify with a unique approach to eye-oriented identity authentication. “EyeVerify has commercialized a software-only, biometric method for verifying the identity of mobile users called ‘Eyeprints’. The Eyeprint Verification System is based on the unique vein Read more…

eyeOpen Acquired by Aegon (Transamerica)

Slap a “SOLD” sign on one of the pioneers of the online mortgage advisor business. eyeOpen, which launched its solution in February as part of FinovateEurope, announced that it has been acquired by Aegon. Terms of the deal were not disclosed. Aegon is a global, multinational insurance, pensions, and asset management corporation. Headquartered in The Read more…