FinovateSpring 2011 / OpenCuro

Presenter Profile:

How they describe themselves: OpenCuro takes a fundamentally different approach to payment privacy and security by designing a system that melds the simplicity of cash with the speed and ease of online payments. Users make and receive payments using what we call a CuroCode: a randomly generated, alphanumeric code that is time-sensitive, one-time-use and contains absolutely no personally identifying information about the sender, receiver or transaction. There is no payment delay – when a CuroCode is submitted, payment is instantly debited from the payer’s account and credited to the payee’s account. OpenCuro’s system eliminates duplicate payments, unauthorized payments, and many types of identity theft.

How they describe their product/innovation: Using OpenCuro, financial institutions can offer unmatched payment privacy and security directly to their customers through existing banking infrastructure. Customers can send or receive payments to or from anyone, regardless of where they bank. CuroCodes allow payments to be made or received without disclosing any personal or financial information to the receiving party (person or merchant), the receiving party’s bank, or even to OpenCuro. Our system introduces a new revenue stream while providing improved customer retention, greater adoption of online and mobile banking, reduced check and cash transactions and greater control over the customer relationship.


Bus. Dev., Sales & Press: Christy James, Business Development,, 415-887-7641 x9

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