Recently in Intuit Financial Services Category

Seven Finovate alums have received awards recognizing their innovations in the banking and finance industry, and we'd like to take a moment to congratulate each of them.

Bank Technology News "Innovators of the Year"

Bank Technology News recently released it's ninth annual list of Innovators. This year, of the 20 honored, four are recent Finovate alums: Intuit, Backbase, Segmint and CashEdge. For more information see the American Banker Article.  Segmint was honored for its pioneering work helping banks get better at one-on-one marketing, Backbase for online banking widgets, Intuit for online banking and tax-preparation, and CashEdge for its new POPmoney P2P payment service.

The coveted "Webby"

The "Webby" award, established in 1996, has been called by the New York Times,the highest honor that the Internet has to offer. Honorees are selected in nearly seventy categories. Following are this year's winners in the financial services categories:

• Banking/Bill Payment: moneyStrands won the Webby in Wonga took home the People's Choice award for the category.

• Financial Services: Mint.com won both the Webby and "People's Choice"

For more about the Webby Award, see http://www.webbyawards.com/.

Finovate demo video links:

Backbase--Backbase's Finovate debut was the Spring 2010 show (video coming soon).

CashEdge--The POPmoney demo video from Finovate2009 is online here. 

Intuit--View the company's Finovate video demo (fall 2009) online here. 

Mint--You can see its first demo video here.

MoneyStrands--View its video demo from Finovate 2009 online here. 

Segmint-- Segmint first demonstrated its services at FinovateSpring 2010 and the video can be seen online here. 

Wonga--Wonga's Finovate debut was the FinovateStartup2009 conference. Video is not available.  

BancVue announces results for Kasasa - Since its launch in May 2009, Kasasa has produced 71% lift in new account acquisition at its member banks and credit unions, says parent company BancVue. Of these new accounts, 53% represented new customers to the financial institutions. http://bit.ly/9zbvae

CashEdge cuts fraud by $140 Million - CashEdge announced that it has prevented an estimated $140 million in client fraud losses in 2009 through its risk-management services. The dollar amount is derived from the total value of potentially fraudulent transactions detected and prevented by CashEdge's risk-monitoring services. http://bit.ly/aoyaaZ

ClairMail announces new Mobile Connectivity Architecture platform - ClairMail's new platform for financial institutions will allow institutions to offer mobile banking services including real-time transactions and account management. http://bit.ly/9SjpK7

Digital Insight changes name - Digital Insight has rebranded as Intuit Financial Services. The company was acquired by Intuit in 2007. http://bit.ly/9jM4QB

Expensify celebrates first anniversary - During Expensify's first year, it raised $1 million, came out of beta, launched in the Google Apps Marketplace, and integrated with Outright.com, Salesforce, and Intuit. http://bit.ly/asZr1z

Kapitall demos at Apple Store - Kapitall will preview the beta version of its online investing platform on March 24, in the San Francisco Apple Store. CEO Gaspard de Dreuzy will present the product. http://bit.ly/a4i4Oh

Kasasa adds SMW Federal Credit Union - SMW Federal Credit Union is the first financial institution in Minnesota to offer Kasasa brand checking accounts. SMWFCU offers three of Kasasa's four products - Kasasa Cash, Kasasa Tunes, and Kasasa Giving. http://bit.ly/bKvXFC

Lending Club reaches milestones - Lending Club issued its 10,000^th loan, surpassing $95 million in loans issued. The company also exceeded $1 billion in loan applications. http://bit.ly/dmC9VK

Mint.com wins Web award at SXSW Conference 2010 - Mint won the "Classic" category at the SXSW Conference Web Awards. While the SXSW awards generally note the best new Internet destinations, the Classic Award honors sites that have been in operation for more than a year. http://bit.ly/dDyP5t

ThreatMetrix launches Fraud Network - ThreatMetrix launched Fraud Network, a suite of tools for e-commerce, financial services, and information-technology companies. Fraud Network provides tools for verifying new accounts, authorizing payments and transactions, and authorizing user logins. http://bit.ly/b26pLo

ThreatMetrix partners with Verifi - ThreatMetrix is partnering with Verifi to deliver its fraud detection and risk-assessment tools to merchants through Verifi's payment risk-management system. Verifi provides global electronic payment solutions for card-not-present retailers. http://bit.ly/bGcqW3

TradeKing earns 4-star rating from Barron's - Online broker TradeKing was awarded a four-star rating in Barron's 15th annual Best Online Brokers survey. TradeKing ranked sixth overall out of 22 firms evaluated. This is the fourth consecutive year that TradeKing has received four stars (out of a possible five) from the survey. http://bit.ly/9Zz1cF

TradeKing launches trading-info site - TradeKing launched OptionsPlaybook.com, a free online resource for beginning and advanced options traders. The site includes jargon definitions, a brief history of the options market, and more than 40 options strategies. http://bit.ly/9Gxda7

Tyfone partners with First Data - Tyfone is partnering with First Data to provide SideTap micro secure digital (MicroSD) memory cards. The cards can contain financial information and secure identification from multiple sources such as retailers and financial institutions, creating a virtual wallet. http://bit.ly/byoHJH

Yodlee to host webinar - Yodlee is hosting a free webinar on conversion strategies for bill payment systems on March 23. The webinar will focus on changing bill payment systems without disrupting users. http://bit.ly/aslHQG

ZimpleMoney offers Starbucks card - ZimpleMoney sent a promotional message to its members, offering a $25 Starbucks card if a loan is initiated. The loan must be accepted by March 31 to qualify. www.zimplemoney.com