Finovate: Fiserv Archives

Finovate Alumni News-- January 6, 2012

By Julie Schicktanz on January 6, 2012 9:32 AM

Kony Solutions partners with Independence Blue Cross to power its mobile app.

Fiserv announces patent infringement lawsuit.

The Receivables Exchange provides over $1 billion in funding to businesses.

Intuit works with Visa to launch prepaid card.

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.

FinovateEurope 2012 Sneak Peek: Part 1

By Julie Schicktanz on December 12, 2011 3:46 PM

Right now, over three dozen leading fintech companies, both hot young startups and established players, are gearing up to demo their latest innovations at the second annual FinovateEurope next February 7th in London.

To whet your appetite, we asked each handpicked company to provide a sneak peek of what it will be demoing on stage. Below is the first installment. We'll have another installment next week.

Don't miss your chance to see fast-paced demos of the newest ideas from each company and meet the execs responsible for the cutting-edge of innovation in financial and banking technology. Plus get your FinovateEurope ticket before December 23rd and you'll lock in the early-bird price!

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AcceptEmail

AcceptEmail will launch a revolutionary way of billing and collecting. The inventor of billing and payment via email will introduce AcceptSMS, the world's first Short Invoice Service.

With this technology, AcceptEmail users will be able to send payment requests to a smartphone or PDA via SMS, WhatsApp Messenger or social media in an easy and clever way. Improve your customers' payment behavior by offering multi-channel and customer friendly payment methods.

Innovation type: Communications, mobile and tablet UI, payments

Actiance

Find out more about a solution that Raymond James has already adopted to give its investment advisors authenticity on social networks. It also generated a $1 million prospect for another wealth management firm after just 96 tweets.

Actiance will also demonstrate how you can measure and analyse your network growth to accurately plot your social graph.

Innovation type: Communications, marketing, security

Brokertainment (ibrokr AG)

Brokertainment combines the fun and thrill of stock market trading with a reduced risk due to extremely low minimum investments (1 euro) and ultra-short term durations of derivatives (around 5 minutes).

Brokertainment will present a new product called STOCKBATTLE.

Innovation type: Investing and asset management

Business Centric Services Group

Business Centric Services Group (BCSG) will present an exciting new credit management tool to the SME market, which will break down the traditional barriers of cost, complexity and awareness.

BCSG has identified a customer need for this product through research, which highlighted that over half of small businesses never run credit checks on new customers, and just under half do not monitor their existing customers and suppliers.

Its innovative tool allows complex information to be delivered in a simple and usable format, ensuring the best possible end-user experience.

Innovation type: Banking products, online UI, small business

ETRONIKA

Almost all banking today is being done in digital space. Why not communicate with computers in a natural way, as we do in the real world?

Imagine a financial application that recognizes your face, congratulates you, analyzes your voice to identify you, and navigates you in online banking. You choose what is most convenient for you at that time: using your voice, gestures, keyboard, or a mix of all the approaches. You are smiling.

Motion and speech belong to the game world or laboratory geeks-- not to online banking solutions that refer to a serious, unshakable, respectable realm. ETRONIKA wants to challenge this point of view by introducing a new UX approach to financial online services.

Innovation type: Banking, identity, online UI

DCisions

InvestorBee puts data at consumers' fingertips so they can make smart, confident investments.

It's fact, not opinion. Users can tap into the database to learn from the experiences of over a million UK investors.

It's an investment health check. Users can compare themselves to their peers to set realistic saving targets and investment goals.

It's simple investing without guesswork. In a few easy steps, users can choose an objective risk-based strategy that's right for them.

InvestorBee users extract wisdom from the crowd to make better, simpler investment decisions.

Innovation type: Investing and asset management, PFM

Fiserv

Fiserv will demonstrate its next generation mobile P2P, small business and eCommerce merchant payments. As an international provider of digital banking and payment solutions, Fiserv delivers market-proven capabilities with innovations in both the mobile and online channels.

Innovation type: Mobile and tablet UI, online UI, payments

IND Group

IND Group gamified its white-label Internet Banking and Personal Finance Manager. It added these methods to its new Banking-Front Office. The solution is based on the fact that customers love to do almost anything if they are rewarded for it.

With the two-level point system, banks can give points for things like function use, transactions, and product or service purchases. Customers can collect points and badges for dedicated actions. The system is closely connected with Facebook, where users can post their results and badges. With its strong visualization features and real rewards, the gamified IND Internet Banking and Personal Finance Manager creates a compelling, engaging user experience.

Innovation type: Online UI, PFM, rewards

Luup

Luup will launch a mobile payment service for corporations and governments that is set to bring them cost-savings, efficiency and productivity gains. The service solves one of the biggest daily challenges that organisations face worldwide.

Through an interactive live demo from various mobile devices, Luup will showcase how the new service is a fast, convenient and secure way to optimise processes. Attendees will experience how Luup solutions are unique in being universally deployable, bank-grade, live and proven-- as well as scalable and easily managed.

Innovation type: Mobile and tablet UI, payments

miiCard

miiCard, My Internet Identity, is the first service that allows a consumer to prove their identity to the AML/KYC standard purely online.

Through miiCard, a vendor can identify an individual to a level of assurance that supports real-time online sales of regulated financial products, and replaces the need for a 'wet signature' reducing operational costs and increasing conversions.

miiCard creates trust, protects consumers and fights against fraud. It helps realize the full potential of the digital economy by enabling higher value online business.

Innovation type: Identity, payments, sales and customer service

Sandstone

Sandstone will be showcasing its next generation mobile banking app that contains sophisticated money management/ OFM tools, the latest anti-fraud and security measures, and user experience capabilities that enable financial institutions to better engage with their customers.

Using the latest HTML5 technology, the app can be developed once and then delivered seamlessly across all smart phone app stores to run on any smart phone mobile device. The registration process for the app locks the user to the device while the page-fingerprinting technology ensures that fraudulent users will not be able to connect to the secure server.

Innovation type: Banking, PFM, security

Service2Media

Service2Media and Rabobank will introduce mobile payments via a banking app for all webshops. Customers of Rabobank that have installed the Rabobank Mobile Banking app can now pay for their mobile purchases as easily as their online purchases by using a mobile version of the online payment method IDEAL.

The new mobile IDEAL payment is facilitated by starting the Rabobank Banking app on an iPhone once a payment request is issued on the merchant's mobile site. The user then authorizes the transaction in the app with his account number and access code before being redirected to the merchant's mobile site. Mobile banking is now possible without an e-reader as long as the balancing account is known.

Innovation type: Banking, mobile and tablet UI, payments

ValidSoft

Securing M-Banking

The advancement of technology is making our lives easier. Mobile banking, or m-banking, is here and with 800,000,000 smartphones already in circulation globally, it is going to grow. But how do we make m-banking safe and practical to use? You can't hold your smartphone in one hand and your bank secure key in the other when walking down the street - that's not "making our lives easier".

A much simpler solution is using out-of-band, real-time, multi-factor authentication and transaction verification. ValidSoft will demonstrate how its products can do just that.

Innovation type: Identity, payments, security

Wipro Technologies

One of the primary tools direct sales agents need is a tablet variant of the unified desktop. Wipro has developed a customer acquisition framework on a tablet-based device, which is a step in this direction.

CAMS on Tablet leverages mobile, analytics and intelligent processes for on-the-go personalized offers and application capture. The solution is also relevant in next generation bank branches where a differentiated environment is created for HNI customers.

Innovation type: Mobile and tablet UI, PFM, sales

Finovate Alumni News-- December 9, 2011

By Julie Schicktanz on December 9, 2011 2:02 PM

San Francisco Chronicle discusses the 700 investors chasing after Dwolla.

Fiserv signs Sunrise Community banks for prepaid services.

Arizona Business Gazette lists using MyCyberTwin as 1 of 6 effective tools to boost your sales in 2012.

Computerworld profiles Linkable Networks.

TechCrunch reports founder of Mint.com spends his time inventing a vehicle transit system.

StockTwits enables public companies to publish news on the Yahoo! Finance site.

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 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 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.

BancVue Cracks the American Banker FinTech 100

By Julie Schicktanz on October 14, 2011 12:34 PM

The FinTech 100, a list of the top revenue-grossing fintech firms, was announced Wednesday at BAI Retail Delivery.

Nine Finovate alumni made the cut, including BancVue, debuting at number 95. Pictured to the right are James Ladas and Gabe Krarcek from BancVue.

Here are the Finovate alumni, listed according to rank:

FIS

2011 Rank: 1

2010 Rank: 3

Fiserv

2011 Rank: 2

2010 Rank: 1

Infosys

2011 Rank: 10

2010 Rank: 11

Jack Henry & Associates

2011 Rank: 18

2010 Rank: 18

Equifax

2011 Rank: 19

2010 Rank: 20

Experian

2011 Rank: 24

2010 Rank: 15

ACI Worldwide

2011 Rank: 34

2010 Rank: 34

Online Resources

2011 Rank: 62

2010 Rank: 76

BancVue

2011 Rank: 95

2010 Rank: NR

See the full list here. To learn how the rankings are calculated, see the American Banker article.

Finovate Alumni at BAI Retail Delivery Conference

By Julie Schicktanz on October 10, 2011 10:52 AM

The BAI Retail Delivery conference begins tomorrow with 29 Finovate alumni participating in sessions and/or exhibiting on the trade show floor.

Session Speakers

Tuesday, Global Game-Changer Session
Speaker: Jim Taschetta from FreeMonee

Wednesday, Technology for Business Summit
Speaker: Mitch Jacobs from On Deck Capital

Wednesday, Technology for Business Summit Session
Speaker: David Eads from Kony Solutions

Thursday, Technology for Business Summit Session
Speaker: Eric Connors from Yodlee

Thursday, Marketing & Product Management Summit Session
Speaker: Rod Witmond from Cardlytics

Exhibitors

BAI Mobile Link

David Youker from Sybase 365
Carl Tsukahara from Clairmail
Drew Hyatt from Mitek Systems

Mobile Link Panel Discussions

Jeff Mullen from Dynamics
Dan Schatt from PayPal
Drew Sievers from mFoundry

Solutions Theatre

Jeff Mullen from Dynamics
Matthew Lifshotz & Inigo San Martin from Ideon Financial Solutions

Jim Bruene and I (julie@netbanker.com) will be in attendance and will update the blog and Twitter with new developments throughout the event.

Fiserv Introduces Mobiliti Payments Suite

By Julie Schicktanz on September 1, 2011 1:11 PM

On Tuesday, Wisconsin-based Fiserv introduced Mobiliti, a mobile banking, alerting, and payments suite. This new platform supports a wide array of mobile banking functionality that includes remote deposit capture, bill payment, balance inquiry, and more.

"Mobiliti unites the functionality of Mobile Money from Fiserv and BankAnywhere from the recently acquired M-Com within a single product suite, and will replace both of those product brands. Mobiliti is available in multiple distinct versions tailored for use by financial institutions of varying sizes within both the United States and international markets."

Considering the current environment, the release of this product is well-planned:

"Of nearly 2,000 clients polled during the Fiserv Focus client conference in April 2011, more than 74% indicated that they planned to increase their investments in mobile financial services during the next 12 months."

To learn more about Fiserv, watch its FinovateFall 2010 demo.

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.

M&A: Fiserv to Purchase CashEdge for $465 Million

By Julie Schicktanz on July 12, 2011 12:58 PM

On June 29, Fiserv agreed to acquire CashEdge. Here are some quick facts about the acquisition.

The deal is expected to be complete by September 2011.
The all-cash $465 million purchase price is more than six times CashEdge's projected 2011 revenues of $75 million.
Fiserv's last large acquisition was CheckFree for $4.4 billion in 2007, which was 4.5 times its expected revenue. In comparison, Jack Henry & Associates' $300 million purchase of iPay Technologies last year was 5.5 times iPay's revenue.
The expected consolidation of CashEdge's Popmoney P2P transfer service (200 signed clients) and Fiserv's ZashPay (700 signed clients) will create a stronger competitor to bank-owned clearXchange.

More Information

Cashedge

Fiserv

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 27, 2011

By Julie Schicktanz on July 6, 2011 8:51 AM

ActivePath

A top Brazilian card issuer implemented an ActivePath solution. Link

AlphaClone

AlphaClone incorporated new sentiment scores into its stock view pages. Link

Bills.com

Bills.com released the results from its Consumer Money Survey that gauges money attitudes and behaviors. Link

Blaze Mobile

Blaze Mobile was awarded a patent for NFC on stickers. Link

BOKU

BOKU released 1-Tap Mobile Billing for the Android and took it live in 56 countries. Link

Braintree

Braintree received $34M in Series A funding from Accel. Link

Currensee

Reuters outlined the benefits of Currensee. Link

Credit Karma

Credit Karma CEO Ken Lin advised consumers how they should deal with credit card offers. Link

doxo

doxo won the Stevie Award for New Product of the Year for financial services in the 2011 American Business Awards. Link

Dwolla

Dwolla said its Grid payment network is more secure than Visa and MasterCard's card networks. Link

Dynamics

Dynamics raised $35M for computerized smartcards and payment systems. Link

eToro

Reuters outlined the benefits of eToro. Link

eWise

gotoBilling, Inc. added eWise's Secure Vault Payments as another payment platform. Link

Expensify

The Wall Street Journal listed Expensify as a must-have mobile tech tool for entrepreneurs. Link

Fiserv

Fiserv entered into an agreement to acquire CashEdge for $465 million to advance its digital payments and channel strategies. Link

Guardian Analytics

Yahoo! Finance reported that Guardian Analytics' FraudMAP is helping financial institutions meet FFIEC guidelines. Link

HelloWallet

HelloWallet was added to Mercer's Outsourcing business benefits administration. Link

Intuit

Intuit purchased Mobile Money Ventures' web banking technology to augment its mobile banking capabilities. Link

Kony Solutions

The American Business Awards selected Kony Solutions as the Most Innovative Company of the Year. Link

Lendio

The Launch blog highlighted Lendio. Link

Outright

Outright rolled out a new report function allowing clients to view sales by state. Link

PayPal

PayPal reached 100 million active users. Link

Profit Stars

Profit Stars introduced its new Remote Deposit Anywhere solution. Link

Prosper

Former Lending Club director Joseph Toms joined Prosper as its Chief Investment Officer. Link

The San Francisco Times reported on Prosper's growth. Link

Q2ebanking

Q2ebanking was noted as a service to help community financial institutions meet FFIEC Guidance. Link

SimpleTuition

SimpleTuition expanded its student loan payment options by partnering with Discover Card. Link

SmartyPig

SmartyPig was recommended by Mint.com as a way to save for impulse purchases. Link

TradeKing

TradeKing implemented SunGard's MarketMap to deliver market data to its active trading platform. Link

UBank

Mashable highlighted UBank's feedback forum. Link

Voice Commerce

Voice Commerce launched a payment solution for the iPhone. Link

Wikinvest

PC mag reviewed Wikinvest's mobile app. Link

Xero

Tech Day assessed Xero's Debtor Daddy service. 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 April 4, 2011

By Jessica Ward on April 13, 2011 8:40 AM

To see our Alumni companies' updates in real time, follow us on Twitter.

eWise officially relocates from Australia to Denver, Colorado. http://bit.ly/finovate44114

Fiserv and Cardlytics partner for merchant-funded in-statement rewards. http://bit.ly/finovate45112. See last month's Online Banking Report for more info.

Southwest Louisiana Credit Union joins Kasasa with fun and games on April Fools' Day. SLCU has served the Lake Charles, LA, region since 1952. http://bit.ly/finovate45111

Mint introduces mobile advice for iPhone. The feature will come to the Android app this summer. http://bit.ly/finovate44111

SmartyPig launched a free mobile app for Android. http://bit.ly/Finovate44112

Follow the markets through the StockTwits blog network. Users can follow more than 40 profiles in StockTwits network. http://bit.ly/finovate45113

Alumni News, Weeks of February 21st and February 28th, 2011

By Jessica Ward on March 8, 2011 9:51 AM

To see our alumni news feed in real time, visit us on Twitter.

Bank of Internet will use Intuit's FinanceWorks. http://mwne.ws/finovate2241

Betterment reduces fees on retirement accounts. http://bit.ly/finovate224114

Service enhancements at Bill.com. Clone invoices ease automated payments. http://bit.ly/finovate224112

eToro completes $8.3 million funding round led by Spark Capital. eToro has 1.5 million users in 130 countries worldwide. http://bit.ly/f1G99d

eToro launches new user tools, and deposit bonuses. New eToro users can get a bonus of up to $500 to try Forex trading. http://bit.ly/finovate34112

eWise is moving to Denver. The company processes electronic payments and is moving to attract employees. http://bit.ly/finovate22311

Fiserv acquires M-Com to enhance mobile banking and payments capabilities. http://bit.ly/finovate34117

Kiboo got a makeover. The new interface focuses on usability and design. http://bit.ly/finovate34111

Lending Club exceeds $200 million in cumulative peer-to-peer loans. The combined Lending Club and Prosper volume is now approaching the half-billion dollar mark. http://bit.ly/finovate34118

Lodo Software signs thirty more banks for its OurCashFlow PFM platform. http://bit.ly/finovate34113

MiiCard featured as Microsoft's Startup of the Day. http://bit.ly/finovate224113

Outright.com has a new blog. http://bit.ly/finovate34115

Striata adds Iconix Truemark sender recognition technology to electronic communications. The system adds branded visual identity to help identify genuine emails from financial institutions. http://bit.ly/finovate34116

Alumni News -- Weeks of January 24, 31, and February 7, 2011

By Jessica Ward on February 15, 2011 5:08 PM

To see Finovate alumni company news in real-time, follow our feed on Twitter here.

Betterment and Mint.com partner for "set it and forget it" investment accounts. The accounts have no minimum balance. http://bit.ly/finovate210111

Bling Nation rolls out the "fan connect" platform in Chicago. The Chicago rollout is part of a broader national rollout to come. http://bit.ly/finovate210112

Cardlytics and NetSpend partner to bring reward offers to the underbanked. The partnership will create opportunities for targeted offers to reach users of prepaid debit cards. http://bit.ly/finovate28112

Cardlytics wins Red Herring Global 100 winner. -- Cardlytics is a pioneer in in-statement merchant-funded rewards. http://bit.ly/finovate27114

CashEdge and NYCE join forces to provide person to person payment technology. Popmoney will now be available to 3,000 NYCE financial institution clients. http://bit.ly/finovate211112

ClairMail announced that revenue tripled in 2010. The company attributes the growth to the launch of their mobile connectivity architecture in early 2010. http://mwne.ws/finovate28115

DebtGoal launches OWEing.com. The new site acts as the flagship domain and provides a tools and content supporting debt reduction. http://bit.ly/finovate131112

eRollover launches Advisor Center. Ask retirement questions online in the new Advisor Center. http://bit.ly/finovate124112

Fiserv and WorkLight partner to make mobile application deployment and development faster. http://bit.ly/finovate125111

Frost and Sullivan names mFoundry "Entrepreneurial Company of the Year" in the mobile banking category. http://bit.ly/finovate121114

Guardian Analytics announces 150% growth. The company attributes the rapid growth to the success of its FraudMap technology. http://bit.ly/finovate210113

Jack Henry's ProfitStars.com launches new services to help small businesses accept online payments. http://bit.ly/finovate211111

Lending Club increased the maximum loan amount from $25,000 to $35,000. http://bit.ly/finovate27113

mFoundry launches standalone mobile deposit solution that can be implemented at a financial institution within 30 days. http://bit.ly/finovate28114

Intuit's Mint and TurboTax team up to make taxes easier. http://bit.ly/finovate121111

Mozo launches Money Q & A portal where users can ask questions or answer questions posed by others. http://bit.ly/finovate211113

On Deck Capital secures $15 million Series-C funding. The funding round was led by SAP Ventures. http://bit.ly/finovate131111

Plastyc closes $2 million strategic investment from Core Innovation Capital. Core Innovation Capital is the investment partner for the Center for Financial Services Innovation. http://bit.ly/finovate28111 http://www.silvertailsystems.com/

Silver Tail Systems announces the addition of a user-specific monitoring system. http://bit.ly/finovate124111

SmartyPig.com adds sixty new online retailer cash-back partners, and six more gift card partners. Expedia, Hotels.com, Cabela's and Babies R Us are included in this latest offering. http://bit.ly/finovate131113

SmartyPig's cash rewards card wins Paybefore award twice. http://bit.ly/finovate12112

The Receivables Exchange partners with Biz2Credit, an online loan-matching portal. http://bit.ly/finovate125113

FinovateFall 2010 Demo Videos Now Available

By Eric Mattson on November 7, 2010 8:38 PM

We're pleased to announce that the demo videos from FinovateFall 2010 are now available for free download (or immediate consumption) from the Finovate archives.

This fall's NYC conference showcased 56 handpicked companies doing 7-minute demonstrations (no slides allowed) of their latest technology innovations to a sold-out audience of 650 financial & banking executives, venture capitalists, press, analysts and entrepreneurs.

Check out these cutting-edge ideas in financial, banking, payments, mobile, lending, investing and security technologies today for inspiration and your next edge on the competition!

(P.S. If you're interested in joining us at the next Finovate event, tickets are now on sale for FinovateEurope (Feb, 1, 2011 in London). It is going to be an amazing showcase of European and global fintech innovation!)

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 August 22, 2010

By Jessica Ward on August 30, 2010 8:27 AM

Here are the news updates for the week of August 22, 2010. To view in real-time, follow us here.

Fiserv announces the launch of Remote Deposit Capture, a remote deposits solution. http://bit.ly/finovate8266

Check out Geezeo's summer growth spurt--wow! More than a half million new credit union members now have access to Geezeo's unique engagement-banking tools. http://bit.ly/finovate8222

Jemstep rolls out activation to closed-Beta users. Pre-registered users now have access to the first Jemstep release. http://bit.ly/finovate8221

Congratulations to mFoundry! Their platform crossed the 1 million users mark this week. http://bit.ly/finovate8262

SecondMarket partners with StockTwits. Inside the SecondMarket platform, StockTwits Twitter conversations about the company will also appear. http://bit.ly/finovate8265

Silver Tail Systems hosts webinar on security through behavior analytics on September 2. The event is co-hosted by WhiteHat Security. http://bit.ly/finovate8261

Tyfone receives a $5 million venture capital investment. Tyfone provides mobile phone banking solutions. http://bit.ly/finovate8223

Wikinvest launches app for iPhone. It is free in the app store. http://tcrn.ch/finovate8271

Alumni News -- Week of August 18, 2010

By Jessica Ward on August 21, 2010 5:56 PM

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

FinovateFall 2010 Demo Lineup Revealed

By Eric Mattson on August 17, 2010 4:30 PM

We're very excited to reveal the 56 cutting-edge companies that have been selected to demo their latest technology innovations on October 4 and 5 in New York City at FinovateFall.

Over the show's two days, attendees will get to watch the future of fintech and banktech unfold on stage via fast-paced demos (28 each day) from these innovators. And then have a chance to interact with top executives from each of the demo companies during intimate networking sessions.

Without further delay, here's the list of companies we're excited to showcase:

If you're interested in attending the conference, registering now will save you $100 on your ticket via the early-bird discount and reserve your spot (space is limited and we're expecting to sell out). We'll see you in New York!

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.

ZashPay from Fiserv Powers Up

By Jessica Ward on August 10, 2010 3:12 PM

ZashPay, Fiserv's person-to-person (P2P) payments service, officially launched July 21, 2010, but debuted with FinovateSpring 2010 (see video here).

ZashPay's P2P payments can be made from one individual to another with the recipient's name and either their email address, or mobile phone number.

ZashPay integrates with Fiserv's online bill payment system already in use by 3,100 financial institutions representing 16 million customers. Of those companies, 250 have already added the service. A user need not belong to a bank carrying the ZashPay service.

Users can also send or receive money from the ZashPay.com website, but if either party's bank uses the ZashPay service, a prompt directs them to complete the transaction at their bank's website instead.

San Diego County Credit Union, America First Credit Unions and The Golden 1 Credit Union were among the first to take the service live.

"The average transaction dollar amount ranges from $100-$300, but we've seen transactions as small as a few dollars and as large as several thousand," says Ann Cave, senior PR manager in electronic banking at Fiserv. While not providing any specific transaction-volume numbers, Cave reports that transactions continue to grow each week.

There is never a fee to receive money using ZashPay online or through a financial institution, but senders are charged a ZashPay fee of seventy-five cents per payment, and their financial institution may charge an additional ACH charge to those sending money, which is typically under fifty cents, according to Fiserv. The service is available only in the United States at this time. Residents of all states can receive money, but sending money is not yet available in all states.

For mobile users, a ZashPay mobile app is in the works, but a release date has not been provided yet.

Do you know of an interesting innovation from a Finovate presenter that we should consider profiling here? If so, please email us at blog@finovate.com.

Alumni News -- Week of July 25, 2010

By Jessica Ward on July 30, 2010 8:56 PM

Here are our news updates for the week of July 25, 2010. To get our updates real-time, follow us here.

Bills.com acquires Home-Account.com, see our post here.

CashEdge's AllData Aggregation, and Lodo's OurCashFlow powers new capabilities for Jack Henry & Associates. The arrangement will power online financial management (OFM) tools. http://bit.ly/finovate7301

Fiserv has announced that 150 credit unions now use their Mobile Money product. Mobile Money allows financial institutions' customers to check balances, pay bills, and make transfers from their mobile devices. http://bit.ly/finovate7256

Dominion Credit Union selects Geezeo as PFM platform Dominion CU serves over 21,000 members. Geezeo is providing personal financial management technology to credit union members. http://bit.ly/finovate72801

Picatinny Credit Union selects Geezeo as PFM Platform. Picatinny is the eighth largest credit union in New Jersey, serving 16,000 members. http://bit.ly/finovate7282

Kapitall gains $5 Million in angel funding. Investors include board members. Kapitall expects to close a $5 Million series-A round within six months. http://bit.ly/finovate7271

New from Kapitall: track and trade with TD AMERITRADE. Now within the Kapitall platform, users can track, trade and buy/sell stocks, mutual funds and ETFs. http://bit.ly/finovate7276

Kasasa now available through 50 financial institutions in the USA. Kasasa helps banking customers to get more out of their banks. http://bit.ly/finovate7261

With Kasasa, Ocean Pacific Credit Union offers banking incentives via iTunes credit. Opening an account credits your iTunes account with $19.95, and additional $4.95 each month thereafter. (Better than a toaster!) http://bit.ly/finovate7275

Lending Club turns 3! Happy birthday to our friends at Lending Club. Check out the stats in their birthday post, lots of exciting growth here! http://bit.ly/finovate7291

Lending Club named a top 250 "Always On" Company. Winners will all be announced at the Summit at Stanford in Palo Alto, California, from July 27-29. The conference represents companies recognized by Always On as private companies with the highest growth potential. http://bit.ly/finovate272

Been using Quicken Online or Wesabe PFMs? Here's a solution. MoneyStrands allows for import of historical data. http://bit.ly/finovate72653

SecondMarket announced as the overall winner of the Always On Technology competition. Winners will all be announced at the Summit at Stanford in Palo Alto, California, from July 27-29. The conference represents companies recognized by Always On as private companies with the highest growth potential. http://bit.ly/finovate7252

SecondMarket featured in WIRED magazine "Let the Little Guys in Pre-IPO" says WIRED. http://bit.ly/finovate7298

SmartyPig enhances privacy measures. The online savings account platform now allows users to select detailed or general message settings and preferences. http://bit.ly/finovate7283 or see our post at Netbanker.

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

Alumni News -- Week of June 6, 2010

By Jessica Ward on June 11, 2010 9:16 PM

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

MoneyAisle appears in Kiplinger's Retirement Report (print only). The story appears in the June issue and explains the new "auto loan search" features at MoneyAisle. More from MoneyAisle at http://bit.ly/FINOVATE671

BBVA Compass Bank replaces West Bank as SmartyPig's banking partner. BBVA Compass is the 15th largest bank in America. http://bit.ly/FINOVATE672

Kapitall unveils "search by brand" feature. The new search helps investors to identify the parent company of their favorite brands. http://bit.ly/FINOVATE681 or www.kapitall.com

SecondMarket CEO Barry Silbert interviewed by Dan Rather [vid]. See more on SecondMarket's management of "illiquid assets." http://bit.ly/FINOVATE691

MoneyAisle featured in Wallet Pop. Read more about shopping for an auto loan from MoneyAisle at http://bit.ly/FINOVATE692.

SmartCredit.com featured on the Oprah Winfrey Show. See SmartCredit.com at work with Oprah and Jean Chatzky as part of the "Debt Diet" series on the program. http://bit.ly/FINOVATE693

Ebay recognizes Outright.com as most innovative app. Outright.com received an award for most innovative application at the Ebay developer's conference. http://bit.ly/FINOVATE6101

MPower Ventures in the running for Business Week's "Most Promising Social Entrepreneurs." Twenty-five companies are finalists. Read more at http://bit.ly/FINOVATE6102 or www.mpowerlabs.com.

Micronotes raises another $1.6 million in funding. Yahoo Business reports on the startup's fund raising success. http://bit.ly/FINOVATE6103

TransFS.com helps merchants shop for better credit-card processing. TransFS claims that user merchants can save up to 40% by shopping around for merchant services. http://bit.ly/FINOVATE6111

Billeo expands merchant directory. Billeo users can now pay their bills online with more than 10,000 merchants. http://bit.ly/FINOVATE6112

Peer-to-Peer lender Prosper.com seeks regulation as a lender to avoid SEC. Prosper has asked to become regulated as a lender to ease the regulatory burden of being regulated as an investment firm. http://bit.ly/FINOVATE6113

Alumni News -- Week of May 23, 2010

By Jessica Ward on May 29, 2010 7:18 AM

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

Expensify releases version 2.0 of iPhone app for expense reports - The new Expensify app now allows users to add cash expenses and scan receipt images to work off

line. Users can now create an entire expense report from their mobile device. http://bit.ly/b1CAc0

AlphaClone adds new search, percent of portfolio - The AlphaClone percent of portfolio option allows viewers to look at a single stock and see which funds have the greatest exposure within a portfolio. http://bit.ly/dojmhz

Lee Barba and Bruce Shelly join the Kapitall team - Barba joins the Kapitall Board of Directors with experience in acquisitions. He was CEO of Investools. Shelly joins the team as Advisor to Kapitall with experience from the video gaming business. http://bit.ly/a4Augw

Amazon Payments Implements Yodlee Instant Account Verification - Amazon Payments now uses Yodlee's technology to verify user accounts to create faster, safer P2P transactions according to Yodlee. http://bit.ly/9UThEa

Intuit has selected Expensify as a promotion partner for expense

reporting -The Intuit Workplace App Center with Expensify, MyFax, and OfficeDrop. http://bit.ly/dwQiry

iBearMoney launches the Money 4.1 App - iBear Money's Money 4.1 works on Windows mobile phones, iPhone, iPod Touch and now iPad and allows users to synchronize data between multiple devices. http://bit.ly/atbUPw

BillShrink.com launched a new search for TV, cable, satellite services to search for the best value - Billshrink's new search allows users to compare television service pricing based on their preferred channels or programs and available service based on the user's address. http://tcrn.ch/cujEE8

Fiserv, Inc. study shows that 80% of internet-capable households use online banking while only 40% use online billpay - The Fiserv, Inc. study also shows that women now make up the majority of online bill pay users, a reversal from the 2002 study. http://bit.ly/dtVOFM

Fiserv, Inc. partners with Phone Factor, Inc. to provide phone-based user authentication - The Fiserv, Inc. partnership will allow financial institutions using the Fiserv systems to provide passive or active user authentication via customers' mobile phones. http://bit.ly/bz1tvo

Visa, Inc. and Monitise PLC announced a joint venture to provide mobile payment technology in India - India is the world's second-largest mobile market with nearly 600 mobile-subscriptions. The technology from Monitise will allow for bill-payment, transit ticketing and other services via mobile phone. http://bit.ly/bLFgmI

Alumni News – Week of April 19

By Andrew Dolbeck on April 22, 2010 12:05 PM

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

Bling Nation provides mobile payments to Community State Bank - Community State Bank in Lamar, CO, is offering the Bling Nation mobile payments service. The bank's program includes more than 40 merchants accepting Bling Tag payments. http://bit.ly/bzAIDn

Dow Jones and IAC shut down FiLife - Dow Jones and IAC closed their financial information site FiLife.com. The site allowed visitors to discuss financial issues and concerns. The FiLife iPhone app is no longer available in the iTunes app store. http://bit.ly/cSjsPk

Geezeo partners with Unitus Community Credit Union - Geezeo has entered a partnership with Unitus Community Credit Union. Geezeo will provide financial tools to the credit union's members, including its PFM, community, and integrated marketing platforms. http://bit.ly/9FeyaJ

Mint switches to Intuit for data aggregation - Mint is now using aggregation software from its parent company Intuit. The PFM can now pull data from 16,000 financial institutions. Previously, Mint partnered with Yodlee for back-end account aggregation. http://bit.ly/9BTJwV

Mortgagebot reports increase in loan applications - Mortgagebot's online mortgage shopping service, Mortgage Marvel, reported an increase of consumer visits of 140% from 2008 to 2009, resulting in a 66% increase in overall loan applications taken by participating lenders. http://bit.ly/b4DP7S

Online Resources names interim CEO - Online Resources has named John Dorman as interim chief executive officer, replacing former interim CEO Raymond T. Crosier who resigned from the company. Dorman will also continue to serve as co-chairman of the company's board. Online Resources continues to search for a permanent CEO. http://bit.ly/cpiLJZ

Prosper Raises $14.7 Million - Prosper has raised $14.7 million in a Series D round. The funding came from Prosper's previous investors as well as two new ones, TomorrowVentures and CompuCredit Holdings. Prosper has raised a total of $57.7 million to date. TomorrowVentures is the investment vehicle for Google CEO Eric Schmidt. http://tcrn.ch/bXjOGp

SmartyPig raises its interest rates -SmartyPig announced plans to raise the interest on certain accounts. Beginning May 19, APY will be increased to 2.15% for accounts with balances of less $50,000. http://bit.ly/dpCq5g

ThreatMetrix provides fraud detection to BigCrumbs.com - ThreatMetrix is providing fraud-detection services to BigCrumbs.com, a company that provides consumers loyalty rewards for shopping online. ThreatMetrix will help identify purchases made with stolen or suspect credit cards. http://bit.ly/aaZZBn

Vidoop's assets used to launch Confident Technologies - Security software company Vidoop, whose assets were acquired in January, is being relaunched as Confident Technologies. The company uses image-recognition technology to allow graphics to be used for password authentication. http://bit.ly/9xWOz3

WorkLight's new development platform - Worklight launched the Worklight Solution for E-Commerce, a development system for cross-platform applications. The solution allows companies to design applications for mobile devices, desktops, social networks and personalized homepages as part of a single development project. http://bit.ly/9Qesn3

Fiserv, Jack Henry, FIS and ClairMail Provide 86% of Mobile Banking to Community Banks - Banc Investment Group conducted a survey of 687 community bankers. Of the institutions already offering mobile services, 36% use a technology platform from Fiserv, 24% from Jack Henry, 16% from FIS/Metavante and 10% from Clairmail. http://bit.ly/aZTAut

And news from our newest soon-to-be alumni presenting at FinovateSpring 2010:

Continuity Control launches ComplianceTax.com - Continuity Control launched ComplianceTax.com, a website that helps educate banks and credit unions about the expenses involved in complying with government regulation. http://bit.ly/9CNOFk

TSYS processes payment cards for Japanese bank - TSYS was selected by SBI Sumishin Net Bank to process its payment card portfolio. TSYS will handle the issuance of retail membership cards, private-label credit cards, and association-branded cards. SBU Sumishin is a Japanese Internet-based bank with more than 750,000 accounts. http://bit.ly/8YrjcT

Visa to acquire CyberSource - Visa has agreed to acquire CyberSource for $26 per share, or about $2 billion. CyberSource provides electronic payment and security services. The deal is expected to close in Visa's fourth fiscal quarter. http://bit.ly/ams1Y9

Alumni News - Week of March 29

By Andrew Dolbeck on April 2, 2010 9:02 AM

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

Acculynk Provides Debit Service to Sun Country Airlines - Sun Country Airlines has partnered with Acculynk to provide its customers PIN debit service. Acculynk's service allows users to make online purchases using their current debit card and PIN numbers without requiring any additional enrollment with the merchant. http://bit.ly/97u9EE

AlphaClone Adds Funds, History-Viewing Features, and Alerts - AlphaClone, which develops investment portfolios by duplicating the patterns of successful investors, has added 18 new funds to its investment options. The company also added a feature that allows members to view a manager's holdings back to 1999. Finally, AlphaClone is now providing email alerts when fund managers file a Form 13G or 13D with the SEC, indicating that the manager has purchased more than 5% of a public company. http://bit.ly/aKCsIE; http://bit.ly/9Pj1As; http://bit.ly/9q9QB2

DebtGoal Gains Board Member and New COO - Ed Ojdana, the founder of FreeCreditReport.com, has joined DebtGoal's board of directors. Igor Vaks, former CIO of Experian Consumer Direct, has joined as the company's chief operating officer. http://bit.ly/93UWux

Fiserv Launches Bill Payment Widget - Fiserv launched a new bill payment widget that enables consumers to pay bills from within their online banking homepage. The widget is available to financial institutions using Fiserv's online banking solutions. http://bit.ly/aYNFb2

mFoundry Provides Platform to Nassau Educators Federal Credit Union - Nassau Educators Federal Credit Union will offer its 140,000 members mobile banking services supported by mFoundry's mobile platform. Services will include bill payments, fund transfers, and balance checking. http://bit.ly/9k4Q9N

moneyStrands Celebrates First Anniversary of PFM launch - moneyStrands is celebrating the first anniversary of launching its PFM. Highlights of the year include acquiring Expensr and partnering with Savings.com and SouthPointe Digital Technologies. The company also passed 100,000 users in its first seven months. http://bit.ly/aVDXCp

Outright.com Opens Blog for Developers - Online bookkeeping service Outright.com has added a new blog for developers. Outright already hosts a support blog for its users. http://community.outright.com/

Prosper Raising Fourth Round of Funding - Prosper is finalizing its fourth round of funding, seeking to raise $13.3 million to $15.8 million. The company signed a letter of intent with new and existing investors to raise the round, which is expected to close by April 15. http://bit.ly/cqiRr6

ThreatMetrix Provides Fraud Protection to iReel.com - ThreatMetrix is providing fraud detection and prevention services to online movie rental company iReel.com. iReel offers digital movies through an automated process. ThreatMetrix adds a layer of credit card authentication to the system. http://bit.ly/9uFTDI

TradeKing Deploys Recognia's Strategy Builder - TradeKing is making Recognia's Strategy Builder stock-research tools available free to its clients. Strategy Builder allows users to compare the performance of various investment strategies. http://bit.ly/bVzF1z

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.

Alumni News – Week of March 22

By Andrew Dolbeck on March 26, 2010 11:38 PM

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

Billeo includes AARP discounts in Offer Assistant - Billeo's Offer Assistant program, which helps online shoppers find discounts and incentive rewards, now includes AARP (American Association of Retired Persons). The association has about 40 million members. http://bit.ly/dtxfzU

BillShrink holds Facebook sweepstakes - BillShrink is giving away an iPad in a sweepstakes to encourage Facebook users to follow the company. The company will also give an iPad to the person who referred the winning user. The contest is similar in structure to a Mint promotion (our story here). Both are being handled by Wildfire. http://bit.ly/b8Vr6M

Bling Nation signs Adirondack Trust Company - The Adirondack Trust Company, located in Saratoga Springs, New York, is offering mobile payments through Bling Nation's system. This is the first East Coast deployment of the payments system. http://bit.ly/8Y0QR2

Bling Nation helping banks and merchants build relationships - According to a report from American Banker, Bling Nation's community-based payments system is building stronger ties between banks and retailers. By providing a payment system between community banks and merchants, Bling can offer lower transaction costs, encouraging merchants to work with local banks. http://bit.ly/9JkfgK

CashEdge provides P2P to Boeing Employees Credit Union - Boeing Employees Credit Union (BECU) is the first credit union in the country to offer CashEdge's POPMoney person-to-person payments service. The service launched on March 20. http://bit.ly/9RPJ2k

Diversinet expands focus on healthcare sector - Diversinet announced at the CTIA Wireless 2010 conference that it would increase its focus on providing mobile solutions to the healthcare market, connecting care providers and payers with healthcare information. The company's new strategy involves introducing new mobile applications, creating custom data portals for care providers, and developing systems to connect mobile devices to medical equipment. http://bit.ly/dcshRf

Fiserv to provide Mobile Money services to SunTrust Banks - SunTrust Banks selected Fiserv's Mobile Money to provide customers with mobile financial services. The Fiserv system will allow SunTrust to offer account access and customer alerts via text messaging and mobile browsers. http://bit.ly/bvvcFY

Lending Club photo contest with up to $2,500 in prizes - Lending Club launched a photo contest to encourage submission of new background images to use in its redesigned website; as many as six winners will take home cash prizes. http://bit.ly/b632aj

Mortgagebot case study: Community Bank - Charmichaels, PA- based Community Bank is using technology from Mortgagebot to open up new business channels and make the mortgage loan process more efficient. A Mortgagebot-produced case study on the bank reported a 68% increase in the volume of closed loans in 2009, compared to its results in 2008. http://bit.ly/9fi0t2

SecondMarket plans presence in Asia -- SecondMarket is preparing to push into Asian markets, where it may eventually employ as many as 150 people. The move into Asia follows $15 million in financing obtained from two Asian investors in February 2010. http://bit.ly/9OcLyQ

Yodlee data aggregation powers new PFM -- Newly launched online PFM In & Out Cash Management has partnered with Yodlee to import transaction data from more than 10,000 U.S. financial institutions. http://bit.ly/ah4nbY

Zopa marks fifth year in business -- Zopa (UK) announced its fifth anniversary in March. To celebrate, the company is running a sweepstakes awarding a 5% loan each day. http://bit.ly/9O5nQu

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 1

By Andrew Dolbeck on March 4, 2010 10:54 PM

Here are the news headlines we posted recently on our Finovate Twitter feed (follow it here).

Acculynk Provides Debit Payment System for Ritz Interactive -- Acculynk will provide its PaySecure debit payment service to Ritz Interactive. The service, which allows consumers to make PIN-based debit transactions online, is being deployed on 16 Ritz e-commerce sites. http://bit.ly/aE5DlD

FIRST ROI Joins BancVue -- FIRST ROI, which develops interactive products for financial institutions, is joining its parent company BancVue and changing its name to BancVue Interactive. http://bit.ly/auuovg

NFCNews Covers Bling Nation's Mobile Payments Pilot Program - Bling Nation is testing its mobile payments program in Colorado. According to the NFCNews report, about 500 customers of The State Bank of La Junta use Bling Tags - tiny chips attached to their cell phones - in order to make debit purchases at more than 50 participating businesses in the Colorado town. Bling Nation authenticates the transactions over cell phone networks. About half the bank's customers have signed up for the service. http://bit.ly/bqHhMa

Financial Institutions Adopting POPMoney -- CashEdge announced that more than 100 financial institutions will add its POPMoney person-to-person payment service to their customer options by the end of the second quarter of 2010. POPMoney allows payment transactions over e-mail and mobile services. http://bit.ly/aNNazq

Fiserv Introduces Boardroom Series -- Fiserv announced a new information service for its clients. Called the Fiserv Boardroom Series, the service provides clients with research data and business advice from a series of subject matter experts. The Series will include videos, webinars, and white papers. http://bit.ly/9hEA8J

Fiserv Study on Gen Y Banking Habits -- Research conducted by Fiserv shows that members of Generation Y are frequent users of online and mobile financial services. Gen Y also favors debit cards over credit cards and is more comfortable with Internet-based services than previous generations. http://bit.ly/cLbHBu

Firethorn Expands its Mobile Offering to More Banks -- Firethorn has updated its mobile banking app to allow consumers to access their accounts at more than 3,700 US financial institutions. Previously, Firethorn's mobile banking solution only worked with institutions that were integrated Firethorn providers. http://bit.ly/apbePC (Finovate blog entry here.)

Geezeo to Provide PFM & Social Tools to Vantage Credit Union -- Vantage Credit Union selected Geezeo to provide additional online tools to its Internet banking services. Vantage members now have access to Geezeo's customizable online personal finance management and social networking platform. http://bit.ly/9tHqWH

iPay Technologies Announces Invoicing System -- iPay Technologies announced Billpayperless, a new electronic invoicing and receivables management product for small businesses. The system allows small business owners to receive electronic payments through credit cards or PayPal accounts. http://bit.ly/9C9hUb

iThryv Rebrands to Alkami Technology -- iThryv announced on March 2 that it has completed the transition to its new corporate identity, Alkami Technology. Under the new name, the company will focus on providing online banking solutions for the financial services industry. http://bit.ly/domtAa

Mint Giving Away Apple iPad -- Mint.com is encouraging people to follow the company on Facebook by giving away a free Apple iPad. The winner will be selected on March 17. http://bit.ly/cvRsPi

Prosper Launches Talk Taboo Website -- On March 3, Prosper launched its new Talk Taboo website. The site allows users to share personal finance stories. The site offers a debt consolidation guide and is running an introductory sweepstakes to encourage users. http://bit.ly/9SuG02

TradeKing Launches Mobile Trading Site -- Online broker TradeKing announced a new mobile trading site. After activating the mobile features, clients can access TradeKing from any mobile at http://m.tradeking.com to get stock quotes, check account balances, and place trades. http://bit.ly/b4GRrP

Tyfone Announces MicroSD Secure Digital Memory Cards -- Tyfone announced the completion of its SideTap micro secure digital (MicroSD) memory cards, which will become available to consumers in the second half of 2010. The memory cards, which carry financial information, can be used in mobile phones and accessed at contactless payment terminals, creating an electronic wallet. http://bit.ly/9wi5aR

WorkLight to Host Widget Webinar -- On March 16, 2010, WorkLight will host a webinar entitled, "5 Questions You Should Answer Before Launching Widget Banking." The webinar will cover widget technology and its impact on the banking world, as well as providing discussion on implementation. http://bit.ly/d7LhDz

Zecco Updates Website with New Tools -- Online broker Zecco has rebuilt its website to offer new data tools for investors. New additions to the site include real-time quotes, charting tools, and real-time portfolio monitoring. http://bit.ly/aYghMi

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