Innovator Idol
These innovators rocked the Payments Innovation Institute stage, showcasing why their ventures could be the next big hit:
David Stone, CEO
Website: http://www.cashstar.com/
Highlights
– Industry’s first digital gifting and incentives platform that enables customers to email personalized gift cards
– Helps retailers reap the benefits of seamlessly integrating digital gift cards, coupons and incentives into their marketing and engagement programs
Advertisement: Scroll to Continue
– How it helps retailers: pay with points programs, eWarranty, make-goods, incent for consumers to act
– Platform designed to work with all channels and form factors
– Client base includes Home Depot, Starbucks, Chili’s, Staples, Dell, The Cheesecake Factory, and dozens more
– Based in Portland, Maine, CashStar is privately held and has received venture funds from a multi-billion dollar global investment firm
Latest CashStar News on PYMNTS.com
Marwan Forzley, President & CEO
Website: http://www.ebillme.com/
Highlights
– Enables consumers from over 17,000 financial institutions to use online banking when they shop online
– Offers consumers a secure cash payment option, which includes a cash back rewards program and a comprehensive Buyer Protection program, and the eBillme Debt Free Mall online shopping site
– Launched its first merchant in 2005
– Has experienced growth in revenue of over 300%
– Serves the US$632 Billion retail eCommerce and call center industries
– Leads the field in enabling websites to checkout with online banking
– Boasts over 800 online stores
– Enables online merchants to securely offer cash as a payment option by seamlessly integrating online banking bill pay with existing eCommerce infrastructures
– Headquartered in New York with offices throughout the United States and in Ottawa, Canada
PYMNTS.com Company Profile: eBillme
Ziad Alshobaki, Managing Director
Website: http://www.mobibucks.com
Highlights
– Global mobile payments technology company and a leading provider of mobile marketing and payments solutions for banks and merchants
– Only payment solution not tied to a mobile network or phone
– Advanced and patent pending technology allows consumers to pay for merchandise using their mobile phone number
– Payments made using a memorized mobile phone number, without the need for a phone at all
– Pioneer of the tWallet™ that creates a secure virtual card for in-store, online and mobile transactions by leveraging existing messaging standards for connectivity across the wireless and financial infrastructures
Latest Mobibucks News on PYMNTS.com
Dan O’Malley, CEO & Co-Founder
Website: http://www.perkstreet.com
Highlights
– Bank accounts let customers earn cash back for spending, saving, and getting smart about their money
– Serves more customers than half the banks and credit unions in the country and is giving more than a million dollars a year in cash back
– Backed by Highland Capital and Globespan Capital Partners
Latest PerkStreet Financial News on PYMNTS.com
Will Graylin, Founder & CEO
Website: http://www.roamdata.com/
Highlights
– Provides a single development platform to create and update commerce applications that run securely on all major mobile devices
– Offers all the essential services to make it easy to provision and support direct sales forces of any size
– Combines powerful business applications and content with secure payment capabilities
– Delivered across different mobile phones, to end users As-A-Service
– Full Payment Gateway Capabilities can provide payments of all kinds, from Credit and Debit Card processing, Electronic Check capture, ACH funds transfer, to Prepaid Debit and Gift Card processing
– Has connections to most of the major payment processors in the country, and currently processes $Billions in transactions every year
– Delivers transactions from virtually any mobile device to virtually any payment processor is truly unique in the industry
– Fully Hosted Mobile Services provides provisioning, application management, and 24X7 support of end-users, speeding up time to market and reducing total costs of ownership for the enterprise
– Easy Enterprise Application Integration allows seamless connections with enterprise back-ends using web services without any change to their existing applications or databases
– A fast and easy way to develop & update mobile apps without device programming experience, enabling speedy content delivery, and continuous improvement
Related article: Creating Killer Apps for Merchants’ Mobile Commerce
Presenter: Siva Narendra, Co-Founder and President
Website: http://www.tyfone.com/
Highlights
– Vision is to enable Device and Carrier Independence for mobile financial services to the world’s leading organizations
– Founded in 2004
– Creates value for organizations and their customers by providing a turnkey infrastructure (software on the phone, middleware platform, and a memory card based token for the secure element/contactless payments/NFC)
– Corporate headquarters in Portland, Oregon, and Asia-Pacific headquarters in Bangalore, India.
– Venture backed by Ojas Venture Partners, an early stage technology focused Venture Capital firm based in India
Related article: Latest Tyfone News on PYMNTS.com
Tariq Habib, Group CEO
Website: http://www.voicetrust.com
Highlights
– VoiceTrust Group is the leading international player in Voice biometrics based speaker verification and mobile wallet services
– Tariq is the founder of Proof-of-Life™, industry’s first voicebio based application for global G2P payments (government to person)
– VoiceTrust is actively rolling out a global & comprehensive e-payments eco-system in partnership with major banks and telecom operators
– The Group is based in Amsterdam, Dubai, Munch and Princeton, NJ
– It is majority owned and strongly backed by Dutch billionaire, Marcel Boekhoorn
Chris Gardner, Co-Founder
Website: http://www.paydiant.com
Highlights
– New Boston-based mobile payments venture that recently closed a $7.6M round of funding led by North Bridge Venture Partners and General Catalyst Partners
– Co-founded by Chris Gardner, Kevin Laracey and Joe Paratore – three proven entrepreneurs in the e-billing, payments and mobile space that have collaborated before
| This article is part of the Innovation Rumble at Harvard Round 2 Briefing Room. See the rest of this briefing room |