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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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VIDEO: Google Enables the Sending of Money Using Gmail

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May 16, 2013
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Google stole a bit of the thunder from Finovate Spring 2013 when it announced yesterday — at its I/O event very close by in San Francisco — that it was enabling Gmail users to send money using just their email accounts. In the late 1990s a friend asked me, “Why can’t I just email...
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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
1
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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@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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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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Why Bank Innovation Startups Need to ‘Pivot’

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May 8, 2013
1
Why Bank Innovation Startups Need to ‘Pivot’

Earlier this week, Pageonce ditched its brand for a new identity — Check — and stepped in a different direction toward bill payment from PFM. This is a move to be proud of. Pageonce, which is an Israeli company, exhibited a strength that too many US companies lack: the ability to pivot to a...
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Bank Partnerships with Startups Will Be Key in Mobile Wallet Wars, Fed Says

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May 7, 2013
2
Bank Partnerships with Startups Will Be Key in Mobile Wallet Wars, Fed Says

Features or benefits will trump the technology in defining success for mobile wallets and partnerships between FIs and and startups will play a key role, according to a whitepaper released jointly by the Federal Reserve Banks of Boston and Atlanta on May 2. The paper is an update of a report initially published two years ago. While the previous report...
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