Based on a vote of attendees – bankers, investors, industry experts, financial company executives from companies large and small – the best of show awards went to:
BancVue (Kasasa) – national checking/savings account brand
for community banks and credit unions
Credit.com – report card with letter grades to help users
make sense of the underlying data
Digital Insight (Intuit) – [...]
I am live blogging Finovate2009 from NYC.
AFTERNOON SESSION #2
BillShrink – Peter Pham, CEO and Samir Kothari, VP
Help consumer save money on credit cards, cellphones and gas; now launching savings products
Interactive tools to help eliminate nuisance fees
Continuously monitoring banks all around the country to create apples-to-apples fee comparisons
Infosys – Puneet Gupta, Mobility Products
Launching mConnect multi-channel platform
Transactions [...]
Resuming my live blogging of Finovate2009 from NYC in a few minutes.
AFTERNOON SESSION #1
Yodlee -Peter Hazelhurst, SVP Products
New Yodlee dashboard highlighting capabilities that used to be hard to get to
Web 2.o interface based on widgets
New UI indicates good and bad times to pay bills, based on expected balances
New feature is the FinApp store, where consumers [...]
I am live blogging Finovate2009 from NYC.
MORNING SESSION #2
Outright.com – Kevin Reeth, CEO
Online tools for tracking small businesses and self-employed people for records like business expenses
Imports and classifies expenses from credit card statements
Integrates with FreshBooks (free, open source small business accounting software)
Also integrating to PayPal API for those who receive payments that way
No storage [...]
I am live blogging Finovate2009 from NYC.
MORNING SESSION #1
BrightScope – Ryan Alfred, President
Mission: Help Americans retire in dignity
Website provides additional information on existing employer 401k plans
Provides ratings and does comparisons on plan performance
Can also upload plan documents for plans not already covered, no matter how small
Free to the employee
So, what’s the business model?
Provide tools for [...]
I am attending Finovate 2009 in NYC today – a whirlwind of financial innovation. Each company has seven minutes to demo their latest and greatest technology; no PowerPoint allowed! I’ll do my best to keep up and give you real-time updates on the presentations.
Finovate events are organized by Online Financial Innovations which also writes the [...]
I’m in Baltimore attending the NACHA Council mega-meeting. This morning Aneesh Chopra, the Federal Government’s CTO (officially, director of technology for the President’s Office of Science and Technology) was the Keynote Speaker. He took a few minutes to warm up, but by the end he had the whole room of bankers, financial technology providers, regional [...]
Ashok Misra has an interesting, and certainly provocative, article in the current Secure Payments Magazine. If you don’t know Ashok, he is Sr. Manager Payments & Security at RealNetworks, Inc in Seattle, chairman of the European CNP Payment Forum, and a long-time friend of Glenbrook Partners. In the article, he comments that the current credit [...]
Over at TechCrunch, Sarah Lacy laments the that too few of the start-ups on stage at this week’s TechCrunch50 were chasing audacious, world-changing ideas:
I did interviews with most of the TechCrunch50 experts backstage and there was a common gripe about the companies launching there: Not enough passion, not enough swinging for the fences, not enough [...]
I attended yesterday’s PayPal Platform Preview in San Jose and wanted to share some thoughts on the platform, Adaptive Payments, and the partner applications that were demonstrated.
First, a bit of context. PayPal has long offered a suite of callable APIs for payments acceptance. These APIs expose PayPal functionality to merchants that want to accept PayPal [...]
CFO.com summarizes the most recent Forrester “TechRadar” report on financial software. Not surprisingly, economic woes are driving businesses’ need for accounts receivable and collections software to help companies monitor their customers payment behavior. Budgeting and forecasting solutions as well as expense reporting tools are also in high demand. Accounts Payable solutions are up and coming [...]
Every now and then, I get brought in to trouble shoot a payments initiative gone awry. For the last week I was hunkered down in triage mode with a client team suffering from a derailed project. They were exhausted, drowning in user complaints, struggling to fix bugs, and disillusioned with their vendor.
I’ve thought long and [...]
[via WIRED magazine]
10 Best Uses for RFID tags:
6// Clubbers At Barcelona’s Baja Beach Club, VIPs are injected with RFIDs linked to debit accounts, making wallets passé.
Sigurd Rinde believes that double entry accounting is a root cause of the current economic calamity. He's got a point. Check this out:
[except - read the whole post here]
Is there a root cause? And if so, why is it not discussed?
So why is it not discussed? Because sometimes we take some things for granted, we [...]
Workshop on Web 2.0 Technologies For Financial Services
FaceBook? Twitter? Amazon Flexible Payments? Mint? Zong? Join me and Scott Loftesness of Glenbrook as we explore the world of Web 2.0 technologies and their impact on the payments industry in this one day workshop (morning plus optional afternoon sessions).
What is Web 2.0 and how is it relevant [...]