Bank Innovation 2013 Gives Insight into What’s on the Minds of Bankers

By Julie Muhn (@julieschicktanz) Posted on

Last week, I attended the second annual Bank Innovation 2013 conference in San Francisco. Finovate alums PayPal, Fiserv, Backbase, Andera, MoneyDesktop, Holvi, Strands Finance, Yodlee, and many others were represented on panel discussions and in the audience. There was much conversation about obstacles that inhibit innovation in financial institutions. Two themes arose around this discussion: 1. Corporate bureaucracyMost people Read more…

BankFiling by Luminous Sheds Light on Business’ Financial Health to Create a Clearer Picture of Lending Risk

By Julie Muhn (@julieschicktanz) Posted on

South Africa-based Luminous has a suite of products to make the lives of financial institution employees easier. Its BankFiling solution, which it launched at FinovateFall in September of last year, is no exception. Last week, we sat down with the Head of Global Sales for Luminous, Andrew Buchanan, to get a closer look at the BankFiling Read more…

iPay Solutions Tops 1.8 Million Payments in First Half of Fiscal 2013

By David Penn Posted on

iPay Solutions, the person-to-person payment service from ProfitStars has processed more than 1.8 million payments from July 1 through December 31, 2012. The payment value was more than $1.2 billion. The company also announced a year-over-year increase for the second quarter of fiscal 2013 (October through December) of more than 38% in P2P users, and Read more…

Virtual Piggy Lets Kids Under 18 Safely Spend Money Online

By Julie Muhn (@julieschicktanz) Posted on

This post is a part of our live coverage of FinovateEurope 2013. Wrapping up FinovateEurope 2013, Virtual Piggy demonstrated how kids can use its online payment platform to safely make online purchases: “Virtual Piggy is the first e-commerce solution that enables kids to manage and spend money within a parent-controlled environment.  The technology delivers online security Read more…

ITSector’s SmartBank TV Offers a Different Way to Access Your Financial Services and Information

By Julie Muhn (@julieschicktanz) Posted on

This post is a part of our live coverage of FinovateEurope 2013. Then, ITSector (Sistemas de Informação)  launched SmartBank TV: “SmartBank TV is a product that offers financial services based on the Google TV platform. It is intended to use the global widespread of sales in smart TVs.  The solution offers a channel for bank customers Read more…

True Office Anti-Money Laundering App Goes Mobile

By David Penn Posted on

This post is a part of our live coverage of FinovateEurope 2013. Bringing gamification to the field of regulatory and compliance training is our next presenter, True Office: “By playing the True Office / Thomson Reuters Anti-Money Laundering desktop and mobile app, financial services employees are exposed to the regulatory risks they confront and learn Read more…

Luminous’ BankFiling Helps FIs Increase Business Lending

By Julie Muhn (@julieschicktanz) Posted on

This post is a part of our live coverage of FinovateEurope 2013. Afterwards, Luminous launched its loan origination solution: “BankFiling loan origination solution enables financial institutions to increase lending to business banking customers, while reducing risk.” Product Launch: February 2013 HQ: Johannesburg, South Africa Founded: 2009 Metrics: Luminous was the first to release a ground breaking Read more…

The Backbase Digital Marketing Module Helps Bank 2.0 Portal Users Enhance Marketing Efforts

By Julie Muhn (@julieschicktanz) Posted on

This post is a part of our live coverage of FinovateEurope 2013. Starting off the second session today is Backbase, who showed off its new Backbase Digital Marketing module: “Backbase is demoing Backbase Digital Marketing, a new module within Backbase Bank 2.0 Portal. With Backbase Digital Marketing, banks get the option to easily create and manage: • Read more…

Banno Appoints Industry Veteran Charles Potts as President

By Julie Muhn (@julieschicktanz) Posted on

Digital banking solutions startup Banno announced last week that it has appointed industry veteran Charles Potts to fill the newly created role of President.  Potts, who has been working in the fintech industry for 25 years, has an impressive work history. His previous experience includes: SVP of Business Development at ProfitStars Founder and President & Read more…

ACI Worldwide Buys Online Resources, FIS Scoops Up mFoundry

By David Penn Posted on

It was a big day for Finovate alumni. ACI Worldwide and FIS, themselves both Finovate alums, rang the register on a couple of smaller fintech companies they hope will make them even bigger players in the online banking and payments world. Online Resources Bought by ACI Worldwide In an all-cash deal worth $260 million, the purchase of Read more…