Finovate: Check Point Archives

Finovate Alumni News-- January 19, 2012

By Julie Schicktanz on January 19, 2012 11:44 AM

WorkLight launches special program for enterprise mobile and ISV developers.

TRUSTe certifies miiCard's website to display the TRUSTe Web Privacy Seal.

Clifford Change law firm deploys Check Point software for a network security solution.

Financial Post highlights planwise.

Bill.com helps banks offer business customers a more powerful payment, invoicing, and cash management platform.

SC Magazine considers ValidSoft's view of voice biometrics. Come see ValidSoft at FinovateEurope Feb. 7.

Huffington Post recommends Mint.com, HelloWallet, Credit Karma, TradeKing, ReadyForZero, & Betterment for college students.

Q2ebanking selects Matt Flake as new CEO.

Doxo looks back at 2011 achievements.

This post will be updated throughout the day as news and developments emerge. You can also follow all the alumni news headlines on the Finovate Twitter account.

Check Point Software Technologies Works with Amazon Web Services Secure the Cloud

By Julie Schicktanz on January 5, 2012 12:46 PM

Security company Check Point Software Technologies announced today that it is working with Amazon Web Services to bring security to the cloud:

"Its security gateways are now available to customers through Amazon Web Services, enabling organizations to extend their security to the cloud with a full range of protections, or Check Point software blades, such as Firewall, Intrusion Prevention, Application Control, URL Filtering and many more."

In a separate release, Check Point announced it won the encryption product of the year award for its Check Point Full Disk Encryption product at U.K.'s Computing Security Magazine's 2011 Computing Security Awards.

To learn more about Check Point, watch its Finovate 2008 demo.

Finovate Alumni News-- January 5, 2012

By Julie Schicktanz on January 5, 2012 10:53 AM

American Banker describes how T8 Webware, Micronotes, and FreeMonee predicts what customers will buy.

Seattle's King 5 News highlights Linkable Networks' digital coupons.

TechCrunch reports Credit Karma enrolls 100,000 users for its credit monitoring service in one day.

Business Insider recommends using BillGuard to prevent credit and debit card fraud.

BetaBeat looks at what LearnVest is doing with its $19 million round of funding.

ReadyForZero introduces its New Year's challenge.

TechCrunch reports John Donahue, Ebay CEO will serve as PayPal's interim president since PayPal President Scott Thompson left for Yahoo.

ProfitStars reaches milestone of providing image & data conversions for 1,000 FIs over the past 5 years.

Check Point Software Technologies works with Amazon Web Services secure the cloud.

This post will be updated throughout the day as news and developments emerge. You can also follow all the alumni news headlines on the Finovate Twitter account.

Finovate Alumni News-- December 21, 2011

By Julie Schicktanz on December 21, 2011 8:43 AM

Fox News discusses how Prosper & Lending Club help small businesses.

The Chicago Tribune profiles Simple.

BizReport examines card-linked offers from Linkable Networks (formerly CLOVR Media).

Check Point announces Anti-Bot Software.

ReadWriteWeb's Richard MacManus lists Xero as #8 in his 2011 list of top 10 web products.

Inc Magazine lists Expensify as 1 of 8 startups to watch in 2012.

Ping Identity makes the top 10 list of most exciting IT security vendors. Come see Ping Identity's live demo at FinovateEurope.

HelloWallet gives away 20,000 free subscriptions in 2011 to families in need.

This post will be updated throughout the day as news and developments emerge. You can also follow all the alumni news headlines on the Finovate Twitter account.

Check Point Software Technologies Positioned in Gartner's Leader Quadrant

By Julie Schicktanz on December 20, 2011 12:49 PM

Online security company Check Point Software Technologies announced yesterday that it was positioned in the Leaders quadrant of Gartner's 2011 Magic Quadrant for Enterprise Network Firewalls.

Gartner's Magic Quadrant aims to recognize technology providers who are leaders, visionaries, niche players and challengers in high market growth industries. Leaders are defined as those who, "execute well against their current vision and are well positioned for tomorrow."

Here are the other players in the Enterprise Network Firewalls category:

(Source: Check Point website December 20, 2011)

To learn more about Check Point Software Technologies, watch its Finovate 2008 demo.

Finovate Alumni News-- November 22, 2011

By Julie Schicktanz on November 22, 2011 10:07 AM

Richard Branson follows in the footsteps of Simple by avoiding the word 'bank' when naming his newly acquired FI.

Alkami wins VC backing for online banking technology.

Check Point Software Technologies acquires risk management company.

HelloWallet's iPhone app helps make budgeting advice more relevant.

Equifax partners with data quality and management company Ixsight.

Xero makes receiving overpayments and prepayments easier.

Credit Union Times reports Geezeo adds four credit union clients for its PFM.

Venture Studio interviews Alexa Von Tobel, LearnVest CEO, about how she started her business.

The Social Lending Network looks at Prosper's top P2P lenders.

This post will be updated throughout the day as news and developments emerge. You can also follow all the alumni news headlines on the Finovate Twitter account.

Check Point Software Technologies Acquires Risk Management Company

By Julie Schicktanz on November 22, 2011 8:28 AM

Check Point Software Technologies recently announced the acquisition of Dynasec, a governance, risk management, and compliance (GRC) solution provider. This move will enhance Check Point's 3D Security platform that:

"Enables companies to view security as a business process, focusing on policy, people and enforcement. The combined security and GRC solutions will enable customers to manage their entire 3D Security process from corporate objectives, to policies and security enforcement..."

The added solutions will help clients sift through ever-changing security regulations and requirements when creating IT security policies.

To learn more about Check Point Software Technologies, watch its Finovate 2008 demo.

Finovate Alumni Website Traffic in September

By Julie Schicktanz on November 2, 2011 1:00 PM

Each month we survey the Web-traffic performance of Finovate alums using data from Web-analytics company Compete.

Out of 268 alumni, 80 had more than 10,000 unique U.S. visitors in September 2011 and are included in the tables below. Of those, 33 (41%) had more visitors in September than August. Year-over-year, 42 (52%) had traffic increases.

Private Companies

Seeking Alpha and Cortera had the highest traffic in September with 2.1 and 2.0 million unique visitors, respectively. Cortera also had the highest increase in number of unique year-over-year visits with over 1.5 more visits in 2011 than in 2010.
Kabbage had the highest percentage growth year-over-year, up 280x.
Weemba saw the highest monthly growth percentage with more than 7.5 times the number of unique visitors in September compared to August.
SmartCredit.com had the highest increase in number of unique year-over-year visitors, growing by 126,000.

Source: Compete.com retrieved the week of October 26, 2011

1) The previous month recorded was August 2011

2) Sears Credit Score is powered by CreditKarma.com

3) Truaxis was formerly BillShrink

4) Kasasa is powered by BancVue

Public companies

CheckFree had the highest percentage growth year-over-year, with over 7 times the number of visitors this year than last year.
Intuit had a notable increase in number of unique, year-over-year visitors, increasing by 300,000 visits.
Check Point had the highest month-over-month percent growth, with 41% more visitors in September than in August.

Source: Compete.com retrieved the week of October 26, 2011

1) The previous month recorded was July 2011.

_______________________________________________________

Notes:

1. We reviewed 268 Finovate alumni. Only those with at least 10,000 unique visitors in July are listed.

3. NM = not measurable

4. t= tie

5. Compete estimates online visitors based on the activity of a panel of more than 2 million U.S. Internet users. It is only an estimate of traffic and may undercount at-work usage.

Finovate Alumni News-- November 2, 2011

By Julie Schicktanz on November 2, 2011 8:23 AM

Prepaid Awards honors CashStar and Dell for Best Prepaid Gift Program.

Backbase names Visionary in latest Gartner Magic Quadrant.

American Banker discusses T8 Webware's perfect solution for National Grand Bank of Marblehead.

Tab Times looks at the progress & success of Kashoo's iPad app.

Prosper launches automated investing.

The Wall Street Journal reports Visa Europe takes 8.8% stake in Monitise.

Check Point buys compliance solutions co Dynasec.

This post will be updated throughout the day as news and developments emerge. You can also follow all the alumni news headlines on the Finovate Twitter account.

Finovate Alumni Website Traffic in August

By Julie Schicktanz on October 20, 2011 6:30 PM

Each month we survey the Web-traffic performance of Finovate alums using data from Web-analytics company Compete.

Out of 268 alumni, 75 had more than 10,000 unique U.S. visitors in August 2011 and are included in the tables below. Of those, 41 (55%) had more visitors in August than July. Year-over-year, 45 (60%) had traffic increases.

Private Companies

Seeking Alpha -- the most-trafficked in August with 2.5 million unique visitors -- also had the highest increase in number of unique month-over-month visits with 300,000 more visits in August than in July.
Budgettracker.com saw the highest monthly growth percentage with more than 6.5 times the number of unique visitors in August compared to July.
Betterment had the highest percentage growth year-over-year, up 88x.
Cortera had the highest number of unique year-over-year visitors, growing by 1.5 million.

Source: Compete.com retrieved week of October 3, 2011

1) The previous month recorded was July 2011

2) Truaxis was formerly BillShrink

3) Sears Credit Score is powered by CreditKarma.com

4) Kasasa is powered by BancVue

5) Checkingfinder.com is powered by BancVue

Public Companies

Fiserv had the highest month-over-month percent growth, with 50% more visitors.
CheckFree had the highest percentage growth year-over-year, with over 5 times the number of visitors.
S1 also had a high percentage growth year-over-year, doubling its visitors.

Source: Compete.com retrieved the week of October 3, 2011

1) The previous month recorded was July 2011.

_______________________________________________________

Notes:

1. We reviewed 268 Finovate alumni. Only those with at least 10,000 unique visitors in July are listed.

3. NM = Not measurable

4. t= Tie

5. Compete estimates online visitors based on the activity of a panel of more than 2 million U.S. Internet users. It is only an estimate of traffic and may undercount at-work usage.

Finovate Alumni Website Traffic in July

By Julie Schicktanz on August 29, 2011 9:48 AM

Each month we survey the Web-traffic performance of Finovate alums using data from Web-analytics company Compete.

Out of 255 alumni, 59 (23%) had more than 10,000 unique U.S. visitors in July 2011 (see tables below). Of those, 19 (32%) had more visitors than in the previous month and 25 (42%) were flat. Year-over-year, 26 (44%) had an increase, 10 (17%) were flat, and 23 (39%) were down.

Private Companies

Notable successes:

Seeking Alpha had the most traffic in July with more than 2 million unique visitors.
eToro saw the highest monthly growth percentage with 3 times the number of unique visitors in July compared to June.
Bundle had the highest increase in number of unique month-over-month visits, with 450,000 more visitors in July than in June.
eRollover had the highest percent year-over-year traffic increase, with 260,000 more visitors from last July.

Source: Compete.com retrieved week of August 15, 2011

1. The previous month recorded was May 2011

2. Sears Credit Score is powered by CreditKarma.com

3. Kasasa is powered by BancVue

Public Companies

Notable successes:

PayPal had the highest number of U.S. visitors in July, with more than 30 million visitors.
Jack Henry & Associates saw the highest monthly growth with twice as many visitors in July than June.
Wipro Technologies had the highest year-over-year growth, with 3 times as many visitors this year compared to last year.
FIS Global and Online Resources also doubled their traffic compared to last year.

Source: Compete.com retrieved the week of August 15, 2011

1. The previous month recorded was May 2011.

_______________________________________________________

Notes:

1. We reviewed 255 Finovate alumni. Only those with at least 10,000 unique visitors in July are listed.

3. NM = Not measurable

4. Compete estimates online visitors based on the activity of a panel of more than 2 million U.S. Internet users. It is only an estimate of traffic and may undercount at-work usage.

Alumni News -- Week of August 1, 2011

By Julie Schicktanz on August 8, 2011 2:09 PM

Bobber Interactive

Tech Flash interviewed Eric Eastman, Bobber Interactive's CEO, on how the gamification of money management aims to help Generation Y better manage their money. Link

BrightScope

BrightScope released a report detailing the top 12 small-cap funds in America's 401k plans. This report is part of a series that provides insight into the top funds and managers in the retirement marketplace. Link

ChargeSmart

Discover is offering an instant rebate to customers who pay their utility bills using a Discover Card on ChargeSmart's website. Link

Check Point Software Technologies

Check Point enhanced its Software Blade Architecture by releasing R75.20, a comprehensive approach to security that includes a URL filtering Software Blade, SSL inspection, and data loss prevention. Link
The Wall Street Journal discussed Check Point's ZoneAlarm SocialGuard that helps parents protect children on Facebook in a non-intrusive manner. Link

Clairmail

Clairmail announced record growth this quarter, with more than a 60% increase in bookings from last quarter. Link

Clovr Media

BostInnovation stated that Clovr Media is changing the way consumers collect loyalty rewards through its Card-Linked Ads that allow consumers to access rewards by clicking on an advertisement. Link
Mass High Tech's weekly Startup Watch listed Clovr Media as one of five startups to follow. Link

Credit.com

EQuicknews listed Credit.com as a free way to check your credit score with no strings attached and highlighed the Credit Report Card feature. Link

doxo

The Appvita blog profiled doxo, noting insider tips and practical uses, such as comparing bills on a month-to-month basis. Link

Dwolla

Bank Technology News looked at the players in the mobile payments space and listed Dwolla as a formidable competitor. Link

EDO Interactive

EDO Interactive received $20 million in Series B funding to grow its Prewards platform that enables advertisers to offer digital deals and incentives that consumers redeem by using their existing credit, debit, or prepaid cards. Link

eToro

eToro began a trading contest for users with both demo and live trading accounts. Traders who accumulate the greatest gains will win each round. Link

eWise

eWise added Renasant Bank to its customer base, providing Renasant customers access to Secure Vault Payments, an alternative payment method. Link

Expensify

Expensify added a new feature that provides QuickBooks users a way to easily identify billable expenses to add to invoices. Link
The Kitsap Peninsula Business Journal listed Expensify as one of ten business apps for empowering your inner geek. Link

Kony Solutions

Tower Group, in its Review of North American Consumer Mobile Banking Technology Vendors, ranked Kony Solutions among the top mobile banking technology vendors. Kony excelled in the feature/function and customization categories. Link

Lending Club

TechCrunch highlighted Lending Club's announcement of $25 million in Series D financing from Union Square Ventures and other existing investors. Link

Lendio

Lendio added Cardinal Bank to its network of lenders providing clients with more options in finding equipment loans, business lines of credit, acquisition financing, commercial real estate, SBA 7(a) and SBA 504 loans. Link

Mitek Systems

Mitek Systems launched Mobile Imaging Cloud Service that captures, extracts, and routes information contained in documents. The service helps app developers create smartphone and tablet apps that use a camera input function. Link

Monitise

Monitise Asia Pacific launched its mobile banking, payments, and commerce services in Indonesia and signed a joint venture agreement with PT Astra Graphia Information Technology, an information and communication business. Link

On Deck Capital

On Deck Capital raised $19 million of its own in a Series C round of funding. Link

RobotDough

RobotDough founder, Wilton Risenhoover, revealed why he started RobotDough and how it works. Link

SafetyPay

SafetyPay received a Payment Services Directive License to provide cross-border payments throughout Europe strengthening its position in that market. Link

SecondMarket

BostInnovation used SecondMarket's alternative investments platform to discover top Boston companies. Link

Striata

Baton Rouge Water Company selected Striata, along with payment services company Western Union, to provide email billing with integrated electronic payment service. Link

The Receivables Exchange

Treasury & Risk profiled The Receivables Exchange, describing the process companies use to sell their receivables on the online platform. Link

TradeKing

TradeKing launched a $100 bonus for new customers who open an account by August 31, 2011. Link

Wonga

Smarta interviewed Wonga director, John Moorwood, about Wonga's growth over the past 12 months. Wonga is now issuing over 1.5 million short-term loans. Link

Xero

Xero released Xero Touch, its new accounting app for the iPad, iPhone, and iPod Touch. Link

PayPal and Cortera Take Charge in May's Web Traffic

By Julie Schicktanz on July 7, 2011 2:07 PM

Each month we survey the Web-traffic performance of our alums, using data from Web-analytics company Compete to review the sites they operate.

Out of 255 alumni, 62 (24%) had more than 10,000 unique U.S. visitors in May 2011 (see tables below). Of the 62 reviewed, 25 (40%) had fewer visitors than in the previous month and 28 (45%) saw a decline year-over-year.

Private Companies
The 44 private companies are as follows:

Notable successes:

Cortera saw the highest number of unique U.S. visitors in May, with almost 2 million hits.
HelloWallet experienced the greatest month-over-month growth, with more than four times as many visitors.
Betterment saw its traffic increase an impressive 38 times from May of last year.

Private Finovate Alumni With More Than 10,000 Unique Visitors in May 2011

Source: Compete.com retrieved June 29, 2011

Public Companies
The 18 public companies are as follows:

Notable successes:

PayPal experienced the highest number of U.S. visitors in May, with over 32 million visitors.
TransUnion Interactive saw the highest month-over-month growth with more than two times the number of visitors in May than in April.
Sybase 365 experienced the highest year-over-year growth, with its traffic up almost 80% from last year.

Public Finovate Alumni With More Than 10,000 Unique Visitors in May 2011

Source: Compete.com retrieved June 29, 2011

_____________________________________________________________________________

Notes:

1. We reviewed 255 unique sites. Data was unavailable or irrelevant for 201 sites because:

They had been acquired.
They were no longer available online.
They were not covered by Compete for various reasons (including some that were not U.S. domestic companies).
The number of unique visits was too small to be considered accurate.
They were subdomains of larger websites.

2. Numbers have been rounded to three significant digits.

3. The charts include companies that did not have measurable traffic in May 2011, indicated by "N/A."

4. Compete draws its information from the online activity of a panel of more than 2 million U.S. Internet users. It is only an estimate of traffic, and may undercount at-work usage.

Alumni News -- Week of June 6, 2011

By Julie Schicktanz on June 13, 2011 7:33 AM

Andera

Andera launched FortiFI, a new fraud prevention system. Link
Andera CEO Charlie Kroll discussed the release of FortiFI. Link

ChargeSmart

ChargeSmart launched ChargeSmart Direct to provide customers with additional access to support staff. Link
Fox Business News highlighted ChargeSmart and PlasticJungle's gift card trading service as a way to make savings fun. Link

Check Point Software Technologies

Check Point announced the 2012 version of ZoneAlarm. Link

Currensee

Forex Crunch outlined the benefits of Currensee, describing its profitability as "significantly high". Link
The Street highlighted Curensee as a startup that "rocks" the financial house. Link

doxo

Chicago Tribune discussed doxo's step toward a paperless society. Link
TechCrunch & VentureBeat featured the launch of doxo's mobile app, a mobile digital filing cabinet. Link and Link
Macworld took a closer look at doxo's new app. Link

Dwolla

Dwolla released Grid, a feature that protects personal user information. Link
The Street highlighted Dwolla as a startup that "rocks" the financial house. Link
The Next Web interviewed Dwolla about its API. Link

Enloop

StartUp Beat profiled Enloop. Link

eWise

eWise raised $14 million in funding. Link

Expensify

CNNMoney named Expensify as one of five best apps for businesses. Link

FreeMonee

CardTrak.com examined FreeMonee's gift network. Link

Ftrans

Ftrans raised $650,000 in equity financing. Link

GoalMine

GoalMine won The Core Underbanked Innovators Challenge at the 6th Annual Underbanked Financial Services Forum hosted by Core Innovation Capital. Link

Jemstep

Jemstep launched a new version of its service that features many improvements. Link

mFoundry

The Washington Post reported that mFoundry's mobile deposit service is its most requested feature. Link

Mitek

Mitek Systems was granted 4 more patents for its mobile deposit feature. Link
Bank Technology News discussed Mitek's new patents. Link

Monitise

Monitise launched its services in India. Link
The Wall Street Journal covered Monitise's 5-year agreement with Visa. Link
TechCrunch examined Monitise's recent deal with Visa. Link

Prosper

Prosper raised $17.5 million in funding from investors. Link

RobotDough

The Street highlighted RobotDough as a startup that "rocks" the financial house. Link

SecondMarket

CNBC interviewed Barry Silbert, CEO of SecondMarket, regarding its role in IPOs. Link

Silver Tail Systems

Silver Tail Systems raised $20M in a Series B funding round. Link

Striata

Striata partnered with POCiT to enable bill payments. Link

Sybase

Sybase was named the most successful database software vendor in China. Link

ThreatMetrix

ThreatMetrix collaborated with USA ePay to provide fraud prevention to online retailers. Link

TradeKing

TradeKing partnered with CoolTrade for automatic stock trades. Link

UBank

UBank voiced that it will change the banking industry by using the web and mobile technology. Link

Zopa

BBC's Radio 2 interviewed Zopa CEO Giles Andrews about P2P lending. Link

Alumni News -- Week of May 30, 2011

By Julie Schicktanz on June 6, 2011 9:00 AM

Betterment

Medill Reports discussed the benefits of Betterment and Currensee, claiming that the social networking craze changes the way some people invest. Link

BrightScope

BrightScope announced the top 10 treasury inflation protected securities funds in America's 401ks. Link

ChargeSmart

Fox News' Studio 10 reviewed ChargeSmart, PlasticJungle, and Bills.com and found a number of money saving tools and ideas. Link

Check Point Software Technologies

Check Point Software Technologies won The Ten Best Web Support Sites of 2011 Award from The Association of Support Professionals for its exceptional web support design, implementation, and customer experience. Link

ClairMail

ClairMail announced record customer expansion with a 300% year-over-year growth in users. Link

Corduro

The New York Times reported that Corduro's cloud platform challenges PayPal and Square's mobile payment services. Link

Credit Sesame

The Wisdom Journal depicted Credit Sesame's services as more than just credit scores. Link

Currensee

See Betterment above.

doxo

doxo explained how to use its online filing cabinet and "due date" alerts to help organize GroupOn, Living Social, and other daily deals. Link
TheFinancialBrand.com discussed Oregon Federal Credit Union's use of doxo and discussed other usage ideas such as uploading a scan of your passport prior to travelling. Link

Dwolla

Credit Union Times listed Dwolla as a contender in the P2P payment space. Link
Dwolla rallied community efforts to gather donations for the tornado-stricken town of Joplin by selling its t-shirts and accepting donations. Link
Omaha World-Herald covered Dwolla's arrival into Nebraska. Link

Enloop

About.com highlighted Enloop's business plan creation service. Link
Forbes blog discussed "How Not to Fail" by using Enloop to assess the potential success of a business plan. Link

Geezeo

Call Federal Credit Union, based in Richmond, VA, selected Geezeo for its PFM solution. Link

Guardian Analytics

Guardian Analytics positioned by Gartner in the "Visionary" quadrant for web fraud detection. Link

HelloWallet

San Francisco Mayor Gavin Newsom urged residents to improve their money management by using HelloWallet. For every five subscriptions purchased, HelloWallet will give away one subscription to a family in need. Link

Hidden Levers

Financial Advisor Blog discussed using Hidden Levers to build better portfolios, highlighting risk management and accuracy of the service. Link

Lending Club

Lending Club exceeded a quarter million dollars in cumulative loans and is offering cash bonuses. Link
Wall Street Journal blog discussed growth of P2P Lending sites Prosper and Lending Club. Link

Lendio

Lendio raised $2 million in debt financing. Link

PayNearMe

PayNearMe founder Danny Shader, in an interview with Vator News, revealed the service is used beyond the unbanked population, including teens who prefer to pay with cash and consumers who would like to keep their online transactions private. Link

Prosper

See Lending Club above.

RobotDough

Dow Jones Financial reports that a UCLA professor backed RobotDough. Link

SecondMarket

The Washington Business Journal discussed SecondMarket's recent popularity. Link

Sybase

Sybase launched the M-Commerce Guide, a publication for examining global market opportunities for mobile network operators, advisors, and FIs. Link

TradeKing

TradeKing CIO Dan Raju discussed security issues that may arise with the NYSE cloud community, citing its security. Link

Tyfone

Tyfone contracted with Star One Credit Union to use its NFC technology. Link

UBank

CEO of UBank examined security concerns and competitors during an interview with ZDNet. Link

Alumni News: Week of May 2 and May 9

By Julie Schicktanz on May 16, 2011 11:38 AM

Backbase
Backbase will provide TCS Bank in Russia with a website integration solution through Bank 2.0 Portal. Link

Bill.com
Bill.com rolled out Sage Peachtree Sync, software for controlling bill payment and management. Link

BrightScope
BrightScope released its second annual list of the Atlanta-based companies with the best 401k plans. Link

CashEdge
CashEdge expanded Popmoney service by adding Popmoney for Prepaid. It also announced a partnership with TxVia. Link

Check Point Software Technologies

Check Point was listed on Acadian Asset Management's Top 15 Buys list. Link

Cortera

Cortera announced a new version of its PULSE app, a customer monitoring service. The new version will add Growth Clues alert. Link

DebtGoal

DebtGoal hired Igor Vaks, former Experian CIO, as new COO. Link

eToro

eToro emerged as the preferred platform for building forex wealth through web trading. Link

Expensify

Expensify advertised on giant billboard in the Bay Area. Link

Fiserv

Fiserv announced improvements to its Relationship Rewards. Link

ID Analytics

CoreLogic partnered with ID Analytics to integrate ID Network with LoanSafe Fraud Manager. Link

ID Analytics will host Advance 2011, its 9th Consumer Risk Management Conference, this September. Link

IP Commerce

IP Commerce recently raised another round of funding. Link

Lending Club

Lending Club issued a record high of $17.5M loans in April. It is the 4th record month in the past 5. Link

Lending Club won Webby Award for the Banking/ Bill Paying category. Link

Mint

Mint won Webby Awards for the Financial Services category. Link

MoneyAisle

MoneyAisle launched live auctions for unsecured personal loans to help consumers across a wide range of credit scores. Link

PayNearMe

PayNearMe raised $16M in funding from new and current investors. Link

Plastyc

Plastyc won a patent for improved online payment methods. Link

Prosper

Prosper increased loan volume by more than 50% compared to 3 months ago, issuing over $5M in new loans in April. Link

Yodlee

Yodlee is looking into developing mobile apps with new "FinApp Store" strategy. Link

Alumni News - Week of June 13, 2010

By Jessica Ward on June 18, 2010 10:51 PM

Here are the news headlines we posted this week on Twitter (follow our feed here)

Bill.com raises $8.5 million in series C financing. Bill.com has now raised $25 million to date. http://bit.ly/finovate6182

Billeo releases update. Version 2.5.0.2 is now available. Several performance improvements included in this Billeo release. Current users will get an auto-update. http://bit.ly/finovate6133

Check Point acquires Liquid Machines. Check Point has aquired the privately held data security firm Liquid Machines for an undisclosed amount. http://bit.ly/finovate6131

Fiserv's ZashPay service garners commitment from 100+ financial institution. More than 100 financial institutions have committed to the peer-to-peer payment service platform from ZashPay. http://bit.ly/finovate6163

iBearSoft planning new app. The simplified "Bills for iPad" is in beta as a simpler version of the iBearMoney app. http://bit.ly/finovate6132

USA Today highlights Kapitall in the classroom. Fifth-graders helped to beta-test the Kapitall stock trading simulator. http://bit.ly/finovate6161

Kasasa enters the Pacific Nortwest. Kasasa is now working with Woodstone Credit Union. http://bit.ly/finovate6141

Lending Club hosting an investor strategy Webcast June 24, for investors. The Lending Club webcast will be held at 3 PM PST, and will cover strategy, as well as the FolioFn tool, for secondary market trading. http://bit.ly/finovate6194

Bloomberg TV recognizes Receivables Exchange. See how real-time receivable trading works. http://bit.ly/finovate6162

The Receivables Exchange has been nominated for the American Business Award in two categories. The Receivables Exchange was nominated for "Executive of the Year" and "Business Innovation of the Year" for the award, also called the "Stevie Award." http://bit.ly/finovate6192

ThreatMetrix signs reseller agreement with Reiki Corporation, tackles fraud in Japan. Japan is the second-largest Internet population in Asia, behind China. http://bit.ly/finovate6191

WorkLight hosting webinar on multi-channel application development. The WorkLight webinar will be held on June 29. http://bit.ly/finovate6183

Zopa creates "share on Facebook" images. Zopa users can earn commissions for friends referred via Facebook. http://bit.ly/finovate6184

Last Chance for FinovateSpring Early-Bird Tickets -- Only 2 Days Left to Save!

By Eric Mattson on March 30, 2010 3:49 PM

Just a quick reminder that the early-bird ticket prices for FinovateSpring 2010 (May 11, San Francisco) will expire at the end of March (less than 2 days from now). If you register by March 31, you'll save $100 on your ticket and lock in your spot to see debuts and demos of dozens of new financial and banking technological innovations.

We've handpicked an amazing list of companies to demo their latest including:

Tickets are selling well with hundreds of registered attendees from great organizations like:

AARP
BNP Paribas
CBS
Experian
Google
Intuit
Kaiser Permanente
Mechanics Bank
Tower Group
USAA
Visa

Aite
Capital One
Celent
Filene
H&R Block
Jack Henry
Motley Fool
Target
PayPal
US Bank
Wells Fargo

Alliant Credit Union
Canaan Partners
Discover
Forrester Research
ING DIRECT
Highland Capital
Javelin Research
NY Times
TransUnion
Venrock
Wired Magazine

FinovateSpring is one of our twice-yearly showcases of the best new ideas in banking and financial technology. The show is built around a unique blend of fast-paced demos of actual technology (no slides!) and high-quality networking with an audience of senior FI executives, fintech entrepreneurs, VCs, press, industry analysts and bloggers. It's an awesome environment to find your next competitive edge.

Don't miss out on the early-bird price on your ticket to this great show. Register now!

P.S. Online Banking Report subscribers are entitled to an extra discount to our Finovate conferences. Email me to get it.

Eric Mattson is CEO of Online Financial Innovations, the parent company of NetBanker, Online Banking Report and the Finovate Conference Series. He can be reached at eric@netbanker.com.

FinovateSpring 2010 Demo Companies Revealed

By Eric Mattson on March 17, 2010 7:19 PM

We're very pleased to announce the lineup for the upcoming FinovateSpring 2010 conference. Taking place on Tuesday May 11 in San Francisco, the conference will showcase dozens of handpicked companies debuting and demoing their latest and greatest fintech innovations. The quality of the new ideas that will be demoed on stage is very high this year and we're incredibly excited to showcase them to you.

The demoing companies selected (that we can reveal so far) are:

These companies will be showcased to an audience of senior financial/banking/credit union executives, influential press, industry analysts, venture capitalists, bloggers, tech companies and entrepreneurs.

A sampling of the great organizations already registered to attend includes: AARP, Aite, Alliant Credit Union, BNP Paribas, Capital One, Celent, Discover, Experian, Fidelity, Filene, Forrester Research, Google, Highland Capital, Intuit, Javelin Strategy, Jack Henry, Mechanics Bank, Motley Fool, NY Times, PayPal, Tower Group, USAA, US Bank, Venrock, Wells Fargo, and Wired Magazine.

We'd love to have you join us at the spring event and watch the future of finance/banking unfold onstage. If you register today you'll save $100 via the early-bird ticket discount. Please note that the early-bird prices expire at the end of this month and space is limited so lock in your spot now!

Eric Mattson is CEO of Online Financial Innovations, the parent company of NetBanker, Online Banking Report and the Finovate Conference Series. He can be reached at eric@netbanker.com.

Alumni News – Week of March 8

By Andrew Dolbeck on March 12, 2010 12:12 AM

Here are the news headlines we posted this week on Twitter (follow it here).

AlphaClone to Launch Investment Accounts -- Investment research firm AlphaClone announced that it plans to offer managed account services later this year. http://bit.ly/ayOI5t

BrightScope Partners with Acceleration Retirement -- BrightScope announced a partnership with Acceleration Retirement, a provider of marketing and lead-generation services to retirement plan advisors. The deal combines BrightScope's data and analytical tools with Acceleration's marketing and practice-management experience. http://bit.ly/c780Zs

CashEdge to Support HelloWallet -- CashEdge will provide financial data aggregation for new PFM website HelloWallet. CashEdge draws data from bank accounts, investments, retirement accounts, insurance plans, credit cards, mortgages and annuities. http://bit.ly/9xjRqD (Netbanker coverage of HelloWallet here.)

Check Point Wins Award from SC Magazine -- Security software firm Check Point was recognized with a Reader Trust Award from SC Magazine for its Security Gateway R7, which took the award for Best Enterprise Firewall. This is the sixth time SC Magazine has given Check Point an award for achievement in information technology and security. http://bit.ly/doRu4B

Expensify Offers App on Google Apps Marketplace -- Expensify announced that its small-business expense management app is now available on Google Apps Marketplace, Google's recently launched storefront for online products and services. The Expensify app enables users to import expense data from their credit cards, manage receipts online, and create expense reports. http://bit.ly/cYjDLq

Four Finovate Alumni in Panel Discussion at SXSW - Credit Karma, Lending Club, Mint, and SmartyPig will discuss banking industry innovation at the SXSW conference on March 13 in Austin, Texas. The panel discussion will include Rob Garcia, Senior Director of Product Strategy for LendingClub.com; Aaron Forth, VP of Product at Mint.com; Kenneth Lin, CEO of CreditKarma.com; and Bob Weinschenk CEO of SmartyPig.com. http://bit.ly/dbuYuR

GreenSherpa Upgrades -- GreenSherpa announced several upgrades to its web-based application, including changes to user collaboration and integration features, cash flow projection capabilities, and the graphical user interface. http://bit.ly/alnZeW

New Funding and Board Member for Home-Account -- Bills.com has doubled its financial investment in Home-Account. In addition, Mark Goines, a former director of Mint and a former Intuit executive, has joined Home-Accounts Board of Directors. Goines also made an unspecified angel investment in Home-Account. http://bit.ly/aJGuzs

Intuit Offers Payroll Suite on Google Marketplace -- Intuit is offering its Online Payroll suite of web applications on Google's new Apps Marketplace. Intuit also intends to make the payroll solution available through its own Intuit App Center. http://bit.ly/9dsR19

iPay Technologies Partners with Q2ebanking -- iPay Technologies and Q2ebanking announced a new alliance that will allow iPay to offer its bill payment solutions to Q2's customers. Q2 provides financial services technologies to community financial institutions. http://bit.ly/9T6CQ9

Tom Burgess Joins Micronotes' Advisory Board -- Tom Burgess, the founder and CEO of Third Screen Media, has joined the advisory board of online marketing company Micronotes. Burgess will serve as a marketing practices advisor. Third Screen Media was a wireless advertising company that was acquired by AOL in 2007. http://bit.ly/bUEd7Q

mFoundry Receives Paybefore Award -- mFoundry won the Best Virtual Prepaid Card category in Prepaid Media's fourth annual Paybefore Awards. mFoundry was recognized for its work on Starbucks Mobile, which allows consumers to use mobile devices to track activity on Starbucks cards. http://bit.ly/doCsP4 (Netbanker blog on Starbucks Mobile here.)

Mozo Launches Program for Students - Australian financial comparison company Mozo has launched a new service called the Student Room. The program helps university students find deals on banking services, including special offers designed for students. http://bit.ly/dBsgMu

S1 acquires PM Systems -- On March 4, S1 completed acquisition of PM Systems for $29 million. PM Systems provides internet banking, bill payment, and security solutions for credit unions. S1 announced the acquisition in its statement of its fourth quarter results. http://bit.ly/aF2Jvz

The Receivables Exchange Reports Sales Growth -- The Receivables Exchange, an online marketplace for receivables trading, reported 100% quarter-over-quarter growth in receivables sold in Q4 2009. http://bit.ly/asQqNm

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