Category Archives: Micronotes

Alumni News– September 2, 2014

  • Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Finovate-F-Logo.jpgMobile payments app from BBVA earns more than 250,000 downloads since launch last December in Spain.
  • Knox Payments picks up $625,000 in venture round funding. See them demo at FinovateFall 2014 in New York this month.
  • Issuer Direct chooses Top Image Systems to drive incoming document automation.
  • P2P lender, SocietyOne, to offer free credit scores to customers.
  • MicronotesCross-Sell interview marketing platform now automatically reports Net Promoter Score.
  • Advanced Merchant Payments 1 of 8 fintech startups to enter the FinTech Innovation Lab in Asia-Pacific.
  • Jumio and IDology announce partnership to enable verification via government-issued ID in card-not-present situations.
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.

Alumni News– July 22, 2014

  • Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Finovate-F-Logo.jpgMasterCard announces strategic partnership with Saigon Thuong Tin Commercial Joint Stock Bank to support card payments.
  • Finovate alums win honors at inaugural Mobile Innovations Awards event.
  • IDology teams up with CARD.com to boost activation and combat prepaid card fraud.
  • Micronotes releases Micronotes Social to retarget bank customers in their Facebook News Feed with relevant content.
  • SureSwipe Move using Handpoint to power acceptance of all major card payments.
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.

Alumni News– July 16, 2016

  • Finovate-F-Logo.jpgpeerTransfer and Nelnet expand partnership, enhancing international payment options for educational institutions.
  • Xero MD Chris Ridd featured on Qantas radio. Check out Xero at FinDEVr, the first event for fintech developers.
  • Micronotes releases Mobile-SMS to automate the referral process through the mobile SMS channel to drive more sales.
  • Lendio launches program for brokers that helps more SMBs find financing by giving brokers and ISOs access to Lendio’s lending options.
  • New app from The Members Group alerts Google Glass wearers if a Dwolla-accepting merchant is nearby.
  • mBank deploys authentication technology from HID Global.
  • Jack Henry launches jhaEnterprise Workflow solution.
  • Coinbase integration brings bitcoin payments to Shopify merchants.
  • Zooz raises $12 million in round led by Blumberg Capital.
  • MasterCard’s MasterPass to enable in-app payments by August.
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 — May 29, 2013

  • FinovateLOGO.jpgPaymentsSource talks with Noam Inbar, VP for product development for Zooz.
  • OneID takes a look at the “security theater” of Twitter’s two-factor authentication.
  • TSYS renews payment processing arrangement with Nationwide Building Society.
  • Pizza Marketplace interviews Leaf director of sales Alex MacKenzie on mobile marketing.
  • MIT Technology Review features OpenCoin.
  • Waspit to release new UX & mobile Apps in August to coincide with the new academic year.
  • TIO Networks partners with the State of Washington Department of Social and Health Services and payment processor Paymentus to help customers make child support payments.
  • Virtual Piggy partners with ClickandBuy to Increase Customer Signups, Conversions, and Sales.
  • Mitek receives patent for signature verification and fraud detection.
  • Christian Lanng, TradeShift CEO, takes on the position of Chairman alongside the responsibilities of CEO.
  • CU Times highlights Moven, Micronotes, GoBank, Refundo, AuthenticID, MoneyDesktop, Mint, FIS, Escardgo, and GoNow as noteworthy demos at FinovateSpring 2013.
  • Silicon Prairie News features Banno and EyeVerify demos at FinovateSpring.
  • Check (formerly Pageonce) and Lending Club are among the emerging financial services companies highlighted in Mary Meeker’s Internet Trends report.
  • SaveUp helps credit union members save more than $400 million.
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 in the Press

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Last week’s FinovateSpring 2013 received great coverage through blogs, tweets and articles. Here are the highlights:

Full conference live blogs

—————

Three contributors risked carpel tunnel to cover all 72 demos. Thanks to Erin McCune and William Mills III and Phillip Ryan for going the extra mile!

Bank Innovation
by Phillip Ryan
FinovateSpring recap and ratings
Day one morning recap
Day one afternoon recap
Day two morning recap
Day two afternoon recap

PaymentsViews
Live Blogging Finovate Spring 2013 San Francisco
by Erin McCune 
William Mills blog
Live Blog: FinovateSpring 2013 San Francisco by William Mills III-DAY ONE
by William Mills III
Other coverage
———————————————————————————————————–
Affluent Strategies
What About the Overbanked?
by JP Nicols

American Banker
5 Most Intriguing Companies at Finovate
by Sean Sposito
Bank Security Top Focus at Finovate
Banno Launches Data-Analytics Marketing Feature
by Sean Sposito
Crowdfunding Startups Pose New Competition to Commercial Lenders
by Sean Sposito
EyeVerify Rolls Out Authentication Service for Mobile Banking
by Brian Browdie

GoBank to Go Live on the Fourth of July
by Sean Sposito
The Buzz at Finovate: New Security Tech
by Sean Sposito
Bank Marketing Strategy
Musings of a Finovate Virgin
by Jim Marous
Bank Systems & Technology
Digital Marketing Solutions Stand Front and Center at Finovate Spring
by Jonathan Camhi
Banking 2020
FI Spotlight: USAlliance FCU Sees Cross-Selling Success
Barron’s
Algorithms for the Masses
by Theresa W. Carey 
Bloomberg Businessweek
Kabbage Expands Its Cash Advances to Brick-and-Mortars
by Patrick Clark

Celent
How to give a killer Finovate presentation
by Dan Latimore

Credit Union Magazine
Finovate Unveils Best of Show Winners

Finovate Highlights Industry’s Best and Brightest
by Steve Rodgers
Look into the Future of Finance
by Steve Rodgers
Scenes from FinovateSpring 2013
by Steve Rodgers

Credit Union Times
5 Things You Don’t Know Because You Weren’t at Finovate
by Robert McGarvey
Onsite Coverage: Finovate Crowns the Winners
by Robert McGarvey
Onsite Coverage: New Security Tools Take Finovate Stage in Numbers
by Robert McGarvey
Onsite Coverage: No Clear Winners at Finovate Day 2
by Robert McGarvey
Threat of the Week: DDoS Back at You
by Robert McGarvey
Tomorrow’s Ideas Spark Interest But Fail to Excite
by Robert McGarvey
Des Moines Register
Banno launches marketing product for banks
by Marco Santana
Ecommerce Bytes
ZooZ Lets Mobile Shoppers Tap a
n Ad to Buy
By Ina Steiner 
FamZoo blog
My Finovate Scorecard Winners Plus Snarky Tweet Highlights
by Bill Dwight
Spend Money Like a Pop Star…Or Not: FamZoo’s FinovateSpring 2013 Demo
by Bill Dwight
Filene blog
Filene Five: Promising Products from Finovate
The Financial Brand
7 Reasons to Love GoBank
by Jim Marous
Finews.ch
Neues aus der Finanzwelt der Zukunft
Finextra
Banno unveils marketing tool Kernel
Forrester blog
FinovateSpring Fling 2013: Another Year of Dazzling Financial Services Delight!
by Tiffani Montez
Hotwire blog
Innovations inspire at Finovate Spring 2013
by Annette Leach
IntelliResponse blog
IntelliResponse Takes Center Stage at Finovate Spring 2013
by Dwayne Weppler 
Investment News
Quantopian launches trading platform pilot program
by Davis D. Janowski
Kabbage blog
Kabbage and Intuit Partner to Fund Small Businesses!
Lisa LaMagna’s Slideshare
Finovate SF in 60 Seconds
by Lisa LaMagna
MainStreet
Kabbage Expands Small-Business Financing
by Laurie Kulikowski
Man in Ranks blog
I attended Finovate Spring in San Francisco
by Christopher Perrien
Intuit
by Christopher Perrien
Newfination
Finovate Spring 2013: Expensify Is At The Forefront Of Innovation In Business Expense Management
Finovate Spring 2013: On Finovera You Can Store Your Bills, Statements, And Financial Documents
Finovate Spring 2013: GoBank Is A New Finance Bank That Enables Smart Personal Money Management
Finovate Spring 2013: GoodApril Helps You With Your Taxes All Year Round
Finovate Spring 2013: In San Francisco At The Center Of The New Finance World
Finovate Spring 2013: Kabbage Approves And Lends Money To Small Businesses in 7 Minutes or Less
Finovate Spring 2013: Leaf.me Is A Multiprocessor Payment Platform For Merchants
Finovate Spring 2013: Prestadero Is A Mexican Peer To Peer Lending Marketplace
Finovate Spring 2013: Realty Mogul Is A Crowdfunding Platform For Real Estate Investing
Finovate Spring 2013: Refundo’s App Is For The Under and Unbanked
Finovate Spring 2013: Start A Trust Fund For Each Of Your Kids At TrustEgg
Finovate Spring 2013: Virtual Piggy Is A Safe Payments System For Your Kids to Spend their Allowance
Finovate Spring 2013: Walla.by Is A Full Service Credit Card Advisor
Newsday
Banking Up Launches at FinovateSpring, Lets Any Business Offer Customers a Trusted Alternative to Traditional Banking
PandoDaily
Finovate: Quantopian debuts live data trading for consumer quants
by Michael Carney
Pymnts.com
A VC’s Inside Look At FinovateSpring 2013
by Dan Rosen
GoBank Announces Timing of General Availability and National Distribution Relationships at FinovateSpring
Kabbage Extends Loan Services To Offline SMBs
TipRanks Wins Best of Show Award at Finovate
TransCard Congratulates FamZoo, Winner of One of Five 2013 FinovateSpring Best of Show Awards
The Paypers
InvoiceASAP, Zebra Technologies partner for mobile invoicing solution

Refundo blog
FinovateSpring 2013 Trip – Demo Day
by Michael de Senna
SF Gate
ZooZ Previews “In-Ad Payments”â„¢ at Finovate Spring
Silicon Prairie
Onstage at Finovate, Banno unveils ad platform for banks
by Danny Schreiber
Watch EyeVerify, Banno demo their wares at bank tech event Finovate
by Fred Bauters
TechCrunch
Mobile Payments Startup ZooZ Debuts In-Ad Payments (Yes, “Ad” Not “App”)
by Sarah Perez
VentureBeat
Expensify takes on Freshbooks with invoicing & billing features
by Sean Ludwig
Kabbage expands its loans business, now supports Quickbooks
by Christina Farr
Y Combinator Blog
LendUp (YC W12) wins Finovate 2013 Best in Show for consumer loan platform to help the underbanked build credit
We’ll continue to add coverage throughout the next few weeks. If you have FinovateSpring press coverage you would like to add, please email the link to julie@finovate.com.

Micronotes Showcases Real Results from its Cross-Sell Solution

This is a part of our live coverage of FinovateSpring 2013.

MicronotesLogo4.jpg

Second up this afternoon, Micronotes showcased its Cross-Sell solution through one of its customers:
“Micronotes Cross-Sell is simply the most productive digital cross-sell tool on the market. One of our customers is demonstrating this by showing the product, sharing results and explaining what those results mean to his financial institution.”
Product Launch: July 2011
HQ: Cambridge, MA
Founded: June 2008
Metrics: $3.4M raised to date; 8 employees
Website: micronotes.com 
Twitter: @micronotes
Presenting Ariel Taylor (Product Manager) and Kris VanBeek (CEO, USAlliance Credit Union)

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FinovateSpring 2013 Sneak Peek: Part 2

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If you missed Part 1 of our FinovateSpring 2013 Sneak Peek, click here to read about some of the innovative companies that will be presenting at our upcoming May event in San Francisco.

To learn more about the show, visit our FinovateSpring 2013 page here.  Or if you’re just looking to pick up your tickets to the event, click here.

Part 2 of our Sneak Peek will feature another 12 companies that will be among those demoing on the Finovate stage in San Francisco next month. We’ll have even more companies to show you next week.
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AlliedPaymentLogo.jpg

Allied Payment Network: Allied Payment Network’s “Pay-It-Your-Way” strategy is driving mobile bill pay adoption by leveraging technology that consumers are embracing wholeheartedly – clicking, snapping a picture, or speaking.
Features:
  • Strategic differentiator for FIs
  • Live and available through multiple reselllers
  • Easily integrate into any mobile app
Why it’s great: Allied’s PicturePay has set the new standard for simplicity in mobile bill pay, using voice or a smartphone’s camera.
Encap: Provides a banking-grade, software-based authentication solution that offers uncompromising speed, security, and simplicity to boost
the adoption of financial services and applications.

ENCAPLogo_Orange.jpg

Features:
  • 2- and 3-factor authentication that helps drive customer adoption
  • Seamless integration into apps
  • Lower cost of ownership
Why it’s great: Most 2- and 3-factor authentication solutions will make your customers hate your product. Integrating Encap will make them love it.
GoBank (by Green Dot Corporation): The first bank account designed from scratch to be opened and used on a mobile device, with deposits insured by the FDIC.

GoBank_Logo_small.jpg

Features:
  • Real-time alerts
  • Fast: Join in minutes
  • Fair: No overdraft fees or minimum balance
Why it’s great: GoBank was created with the user experience top of mind to develop an innovative product with no hidden fees, complete transparency, reliability and peace of mind.

GremlnLogo.jpg

Gremln: Regulatory guidelines make social media compliance difficult for financial services. Gremln provides filtration, approval, and archiving. Teams can work together for secure social media.

Features:
  • Use social media AND keep your job
  • Verify posts are compliance before they are live
  • Multi-tiered approval process
Why it’s great: Your organization’s marketing and compliance forces can work in harmony to create secure, successful social media … all because of Gremln.
Jemstep: Jemstep Portfolio Manager is an online investment advisor that helps people lock in more money for retirement by telling them exactly what to buy and sell.
Features:
  • All they need to knowThumbnail image for JemstepLogo2.jpg
  • Exactly what to do
  • High-caliber guidance, not high fees
Why it’s great: Jemstep Portfolio Manager is the first and only resource of its kind, and it takes the complexity out of investing.

LICUOS_small_logo.jpg

Licuos: A global B2B payment platform that generates the most efficient A/R and A/P netting, payment and funding proposals for businesses.
Features:
  • Improves the financial efficiency of businesses
  • Reduces businesses’s funding needs and credit risk exposure with their clients
Why it’s great: LICUOS allows businesses to reduce their dependence on banks so that they can significantly improve their working capital management.

Leaf_Logo.jpg

Leaf: Leaf empowers small business owners to run and grow their businesses by providing a mobile payment platform built for local commerce.
Features: 
  • Accept payments via the processor of your choice
  • Analyze business performance from any device
  • Easily engage customers
Why it’s great: LeafPresenter is the first tablet designed specifically for local retail, benefitting small business owners in ways not previously possible.
Lodo Software: D3 Banking uses a powerful, predictive analytics engine and adaptive UI to provide a full range of financial services tailored to customer’s needs anytime, anywhere.
Features:

D3_banking_logo.jpg

  • Consistent customer experience via any digital channel
  • Customized, automated, targeted marketing
  • Flexible integration options
Why it’s great: D3 Banking delivers data-driven, digital banking, empowering financial institutions and their customers.
Micronotes: Delivers on the cross-sell imperative for digital banks.

LogoMicronotes.jpg

Features:
  • Most productive digital cross-sell tool
  • Maximizes $/square inch of digital real estate
  • Gives interactive a whole new meaning
Why it’s great: Micronotes’s Cross-Sell helps financial institutions radically improve the productivi
ty of cross-selling online to increase revenue.
Persint: Provides consumer analytics, leveraging account aggregation and peer data to answer every household’s financial questions of “where do we stand?” and “what next?”
PersintLogo.jpg
Features:
  • 120 demographic peers from 5-click survey
  • Scoring of net worth, cash flow and risk
  • Opportunity identification & solution mapping
Why it’s great: Persint’s integration of peer data allows PFM to deliver objective conclusions on performance and credible advice on next steps.
Prestadero: The first, fully operational, peer to peer lending platform for the Mexican market.
PRESTADERO_logo.jpg
Feature:
  • Prestadero is upending traditional savings and loan operations in Mexico, offering loan rates and fixed income returns never before seen in our market.
Why it’s great: Mexico has some of the largest financial spreads in the world. Why? Nobody knows. Prestadero is here to change that.

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TSYS: By putting people at the center of every decision we make, TSYS is able to support financial institutions, businesses, and governments in more than 80 countries.
Features:
  • Remotely control how, when, by whom, and where money is used.
  • Real-time remote monitoring transactions
  • Increased risk mitigation
Why it’s great: TSYS is bringing its industry expertise to the exciting and fast-paced area of payments and mobile to show a completely different experience from the end-user perspective.
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For more information on being a part of FinovateSpring 2013, see our FAQ. To register, visit out FinovateSpring page here.

Finovate Alumni News– April 1, 2013

  • Finovate-F-Logo.jpgExpensify makes Reconciliation and Central Administration features available for American Express corporate cardholders.
  • Micronotes providing series of marketing campaigns for USAlliance FCU to help cross-selling efforts.
  • Palo Alto Software announces launch of EntrepreWorld, a virtual environment to test business plans in a virtual world of avatars. Come see Palo Alto demo its latest technology at FinovateSpring.
  • Consumers CU chooses Andera’s oFlows platform for online account opening and lending.
  • Lighter Capital appoints Molly Gregg Otter as Vice President.
  • Bloomberg looks at how Jemstep, SigFig, and FutureAdvisor help manage your portfolio online. See Jemstep’s new tech at FinovateSpring.
  • Forbes takes a close up look at London’s FinTech Innovation Lab, including participants BehavioSec, Kiboo, and Open Bank Project.
  • Huff Post blog considers Lighter Capital’s Revenue Loans as alternative to VC funding.
  • GCN looks at Dwolla’s use in government.
  • Huff Post blog considers automated report-writing software company, Narrative Science. See its new tech at FinovateSpring.
  • MyBankTracker reviews Tuition.io.
  • Y C Universe profiles Trust Egg. See them demo at FinovateSpring in May.
  • MicroStrategy signs technology alliance agreement with MapR.
  • Berry Review takes a look at Pageonce Money and Bills on Blackberry 10.
  • Times of India highlights Klarna’s growth in Europe.
  • Incentive Mag previews the launch of CashStar’s table gifting solution.
  • Eye Verify announces results from biometric standard, performance and assurance lab survey. Join them in San Francisco for FinovateSpring.
  • IntelliResponse selected by KMWorld as one of “100 Companies that Matter in Knowledge Management” for 2013. Come see them in action at FinovateSpring in May.
  • New York City Mayor Michael Bloomberg officially ‘opened the doors‘ to On Deck Capital’s new NYC HQ.
  • Global Payments and edo Interactive launch pilot for card-linked offers network.
  • Boston Business Journal interviews Leaf CEO Aron Schwarzkopf. See Leaf’s demo at FinovateSpring in San Francisco.
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– January 5, 2012

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  • 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.

American Banker on How Four Finovate Alums Unwrap the Payments Genome

Earlier this week, American Banker described the science that FinTech companies use to learn the spending habits of consumers, the Payments Genome.

All four fintech companies cited in the article are Finovate alumni. Here are the techniques employed:

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  • Truaxis uses an algorithm to infer consumer behavior.Thumbnail image for T8WebwareLogo.jpg
  • T8 Webware uses a modified version of an algorithm used by gene scientists to create new crop species, Hidden Markov ModelBillGuard.jpg
  • BillGuard uses its userbase to flag questionable transactions (i.e., crowd sourcing)
  • Micronotes performs regression analysis on each customer’s transaction data to cross-sell products.Thumbnail image for Micronotes (2).jpg
To learn more about each of these companies, watch Truaxis’ FinovateFall 2011 demo, T8 Webware’s FinovateFall 2011 demo, BillGuard’s FinovateFall 2011 demo, and Micronotes’ FinovateFall 2010 demo.