Alumni News -- Week of August 18, 2010

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Here are the news updates for the week of August 16, 2010. To view in real-time, follow us here

Acculynk partners with NetWorks to provide pin debit solutions. NetWorks is a nonprofit processing organization which serves credit unions in ten states, processing 13 million transactions a month. http://bit.ly/finovate8171

BlingNation founder Meyer Malka interviewed by The Paypers. The story focuses on new innovation in mobile payments. http://bit.ly/finovate8192 

ClairMail unveils new tools for international currency conversion. The tools include multi-currency management, international bank/ATM locators, and multi-language capability. http://bit.ly/finovate8191

Warren Buffett buys 4.4 million shares of Fiserv. The $220 million investment boosts confidence in the fintech sector. http://bit.ly/finovate8193  

Finovate alum Kabbage selected as Microsoft BizSpark partner of the day. http://bit.ly/finovate8182

Want to see Lending Club, BillShrink and more at SXSW 2011? See Lending Club's post and vote for the panels you would like to see. http://bit.ly/finovate8161  

Prosper releases 12-month P2P lending statistics. Prosper considers itself the world's largest peer-to-peer lender with 34,000 loans totaling $202 million. http://bit.ly/finovate8181

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