- MasterCard CEO Ajay Banga announces MasterPass digital wallet now accepted by more than 20,000 merchants.
- EyeVerify reaches finals in four categories of the 2013 Silicon Prairie Awards.
- Ralph Marcuccilli, president and founder of Allied Payment Network, talks about the benefits of photo bill pay.
- ProfitStars introduces hosted version PROFITstar Budget Manager, supported by Windows Azure for cloud computing. First Interstate Bank replaces Excel-based budgeting process.
- U.S. PayPal users given option to withdraw money using MoneyGram.
- London Loves Business blog highlights Nutmeg, Zopa, and Wonga as well-known London-based fintech startups.
- Cardlytics names Jim Morgan as first CFO. Come see Cardlytics demo at FinovateFall in New York September 10 and 11.
- PreCash launches PayConnect mobile and online bill pay platform.
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.