Alumni News -- Week of July 11, 2010

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Here are our news updates for the week of July 11, 2010. To get our updates real-time, follow us here.

Acculynk's pin debit software powers the PULSE home debit pin pad technology. The PULSE technology will allow financial institutions to issue bank-branded home pin pads to  consumers for online purchases. http://bit.ly/finovate7151  

Blippy can now import purchase receipts direct from your Gmail inbox. Don't worry, you'll still get to approve them before they post to the world. http://bit.ly/finovate7162  

California State Teachers' Retirement System (CalSTRS) selects BrightScope to analyze teachers portfolios. BrightScope's "On Target Index" will be used to benchmark portfolios in this optional retirement plan for Calif. teachers. http://yhoo.it/finovate7142  

Cortera releases study showing businesses are experiencing better cash-flow. Businesses are being paid nearly one week faster, the fastest in two years. http://bit.ly/finovate7131

eRollover raises $1 million from Imlay. This investment was announced previously, but the amount was undisclosed. http://bit.ly/finovate7132

Kapitall's platform can be used for a portfolio contest! See details here: http://bit.ly/finovate7143  

Kasasa has full-page ad on the back of this month's issue of ICBA's Independent Banker 

Mshift and CashEdge team with Patelco Credit Union (San Francisco) for Popmoney person-to-person electronic funds transfers -- Patelco users can send funds via text or MMS message from a mobile device. http://bit.ly/finovate141 

OnPoint Community Credit Union finds that Tyfone mobile adoption has grown much faster than expected. Monthly enrollment of mobile banking grows an average 20% per month. http://bit.ly/finovate7111  

Powered by Jwaala, Michigan First Credit Union now includes Twitter direct messages as a "mobile alert" option. Members can receive account alerts via Twitter DM, email and text: 31% of members are active users of the mobile alerts system. http://bit.ly/finovate7144  

TradeKing hires CIO. Dan Raju was formerly the senior technology executive at Associated Press. http://bit.ly/finovate7133 

Visa invests more in Monitise, now owns 14.4%. Monitise's shares increased 12% as consumers responded to the news on July 13. http://bit.ly/finovate7161

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