AuthenticID Available to US Bankcard Services Members

US Bankcard Services has announced that the identity authentication services of AuthenticID will be available to its merchants.

AuthenticID’s solution uses scanners with built-in barcode and magnetic stripe readers. With access to most international and North American government identity document issuers, the company’s software is able to compare a scanned ID to the ID in its document library.

The process is quick and works with driver’s licenses, green cards, and other types of government issued-identification.

US Bankcard Services was founded in 1996 by Chris Chang, who currently serves as president. The company is headquartered in City of Industry, California. Here are some additional metrics on US Bankcard Services:

• Serves more than 10,000 merchant accounts
• Has processed more than $11 billion
• Offers a 95% approval rate within 24 hours
• Has more than 100 employees

AuthenticID will be presenting its technology as part of FinovateSpring, May 14 and 15 in San Francisco. To learn more about the event, visit our FinovateSpring page here.

Finovate Alumni News– May 8, 2013

• The Wall Street Journal takes a look at “bitcoin startups” including OpenCoin. Come meet them at FinovateSpring in San Francisco.

• Currensee announces launch of Trade Leaders managed fund.

• US Bankcard Services now providing AuthenticID service to its merchants.  See AuthenticID demo at FinovateSpring next week.

• Check Point introduces 600 Series security appliances for SMBs.

• Forbes lists SoMoLend as 1 of 10 top crowdfunding sites for fundraising.

• Investor Junkie reviews Jemstep. Come see what’s new at Jemstep at FinovateSpring next week.

• Venture Village profiles Holvi.

• MoneyDesktop honored with Bronze award in the Telly Awards, which recognize the finest video, film, & web commercials. See them demo at FinovateSpring.

• Business Insider names BillGuard as 1 of the 20 hottest startups from Israel.

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.

FinovateSpring 2013 Sneak Peek: Part 5

For our final sneak peek of FinovateSpring demoing companies, seven companies have provided some insight into the products they will demo next week at FinovateSpring in San Francisco.

Don’t miss the previous sneak peek posts:

• Sneak Peek part 1
• Sneak Peek part 2
• Sneak Peek part 3
• Sneak Peek part 4

If you haven’t already, be sure to get your ticket for FinovateSpring. It’s happening May 14 & 15 in San Francisco.

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authenticID’s True Identity Made Simple identity proofing solutions work worldwide and our pictureID tool is 100% accurate – a claim no other identity company can make.

Features:

• pictureID can eliminate ID fraud
• Fraudsters can’t beat pictureID – without a costume
• Better customer service & compliance

Why it’s great: pictureID is the only 100% accurate identity proofing solution and it provides added security by producing a picture of the true ID owner.

Finovera is reinventing how people manage their bills, accounts and financial documents at home. It is a perfect complement to Online Banking and Bill Pay service.

Features:

• Automatic delivery of all Bills in one file cabinet
• Alerts when a bill is unusually high
• Organize your life in under 10 minutes

Why it’s great: Now households can go paperless and manage all their bills and financial documents in one secure place from anywhere.

Kofax enables customer acquisition directly from the mobile device and recognizing the importance of consumer engagement, Kofax will demonstrate on-boarding for an impactful customer experience.

Features:

• Meet and service customers via mobile channel 
• Reduce operating costs and minimize drop-off rates
• Increase growth and profits

Why it’s great: Kofax Customer Onboarding improves the agility and profitability of your bank’s customer on boarding processes by engaging customers via mobile devices.

LendUp is the creator of the LendUp Ladder, an innovative program that uses small dollar loans to provide a path out of the payday lending debt trap and help borrowers build credit.

Features:

• LendUp Ladder: Rehabilitate Declined Credit Applications
• LendUp Education Program
• Gamification Credit Building

Why it’s great: The LendUp Ladder helps create better credit customers

NICE Mobile Reach complements mobile banking to redefine mobile customer service. Capitalize on mobile opportunities: engage, connect, Collaborate!

Features:

• Intelligently engage customers
• Seamlessly transition to the right channel with context
• Effectively collaborate for resolution

Why it’s great: The ultimate mobile customer experience: ensuring every customer need is resolved, even when mobile self-service is not enough!

Trusted Knight’s Protector software defeats key-logging and web-inject (MITB) attacks against employee and customer devices so that online transactions are safe from malware.

Features:

• Quick and easy customer install — no impacts/issues.
• Effective against even zero-day exploits.
• 70% customer opt-in rate in

Why it’s great: Allows business to safely interact with malware-infected devices.

Zooz is the people-first payment platform that will boost your conversion.

Features:

• Optimized native checkout for m-commerce apps 
• One tap payment across different apps
• Multiple payment methods in one SDK

Why it’s great: Payments are for people and we’re here to give the human touch. When your users feel happy and secure they’re more likely to make it to the “Thank You” page.

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For more information on attending, see our FAQ. To register, visit our FinovateSpring page here.