Commerce

Security and Mobile Wallet Top of Mind At Finovate Spring 2013

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May 16, 2013
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Security and Mobile Wallet Top of Mind At Finovate Spring 2013

Authentication of users, particularly users of mobile banking, was top of mind at Finovate, as was mobile wallet. This is fitting, since a recent study showed security fears were the number one reason holding back mobile wallet adoption. None of the five Best of Show award winners were from these two prominent product categories....
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Finovate Day 2 Afternoon Recap and Ratings

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May 15, 2013
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Finovate Day 2 Afternoon Recap and Ratings

Finovate Day 2 Afternoon Recap, Reaction, and Ratings, from Bank Innovation Curaxian Curaxian is taking on ecommerce payment fraud. Curaxian analyzes payments data to cut down on manual review costs. Fighting fraud costs time, money and lost orders, so Curaxian is looking to automate it and stop fraud without stopping good orders. The fraud...
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Finovate Day 2 Morning Recap and Ratings

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May 15, 2013
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Finovate Day 2 Morning Recap and Ratings

We’re into Day 2 here at Finovate. Bank Innovation has been following the presentations and here’s our recap and ratings for your reading pleasure. SESSION 1 Finovera Finovera is a tool for simplifying and managing your financial life. Users can organize various accounts and pay bills without dealing with a stack of paper bills. It’s...
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Finovate Day 1 Afternoon Recap and Ratings

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May 15, 2013
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Finovate Day 1 Afternoon Recap and Ratings

Bank Innovation attended Finovate Spring 2013 in San Francisco and rated all the presenters. Here’s the second half of Day 1′s presenters. SESSION 3 Corduro Corduro introduced a cloud-based multichannel transaction engine called PayMobile. The mobile wallet solution works with cards but is designed for the smartphone. On the other end of the transaction,...
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Finovate Day 1 Morning Recap and Ratings

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May 15, 2013
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Finovate Day 1 Morning Recap and Ratings

Couldn’t make it to Finovate Spring 2013 in San Francisco? Bank Innovation did, and recorded — and rated on a scale of 1 to 5 — all the action on the big stage. SESSION 1 EyeVerify EyeVerify is a biometric verification system for online banking logins. Users “sign in” with an eyeprint – a...
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PayPal Rebrands, Relaunches Developer Kit

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May 14, 2013
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PayPal Rebrands, Relaunches Developer Kit

Developers have long used PayPal’s Mobile Payment Libraries to develop in-app mobile payment functionality. But yesterday PayPal quietly completed the rebranding and relaunch of Mobile Payment Libraries as Mobile SDK with the introduction of SDK for Android. (IOS Mobile SDK was introduced last March.) Mobile SDK, apparently, is expected to better sell PayPal as a...
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@BankInnovation Initiates Coverage of FinovateSpring 2013

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May 14, 2013
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Our man Phil Ryan is out in San Francisco covering FinovateSpring. See his Twitter coverage of the event at @BankInnovation or at the #finovate hashtag. Phil will also be posting Bank Innovation’s customary ratings of the demoing companies here over the next couple of days.
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VIDEO: Swipely Promo Vid Released

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May 14, 2013
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The payments company may have launched in 2011, but it released just its second marketing video yesterday. The video highlights Swipely’s POS and retail payments features in typical animated fashion. (It seems as though every marketing video in banking innovation today is animated.)
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Don’t Let Donald Trump Sour You on Crowdfunding

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May 13, 2013
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Don’t Let Donald Trump Sour You on Crowdfunding

Anything Donald Trump does engenders a certain revolution. There’s no better sign of over exploitation of a concept or business than when the Donald gets involved. Last week, the Donald did his thing on crowdfunding with the launch of FundAnything, a crowdfunding venture of, well, anything. His partner on the venture, Bill Zanker, told AllThingsD...
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Partnership with Carriers Essential for FI Success in Mobile Wallet

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May 13, 2013
1
Partnership with Carriers Essential for FI Success in Mobile Wallet

Financial institutions own the customer’s primary relationship with his money, so patience and persistence should win them the mobile wallet wars, right? Maybe. In a panel discussion on mobile payment trends at a recent event in the Carlisle & Gallagher Insight Series, attention was called to the carriers, who control something equally important: the...
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