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August 17, 2010

FinovateFall 2010 Conference - Company Presenters Announced

finovate_2010_logo.pngThe FinovateFall 2010 conference being held in New York City on October 4-5, will focus on technology innovation in financial services. Some of the companies selected as first time presenters at FinovateFall 2010 include: ActivePath, Betterment, billFLO, BillFloat, Blaze Mobile, Bundle, Capital Access Network, Credit Sesame, Emue Technologies, Finsphere, Hidden Levers, Ixaris, Kashoo, Kiboo, Kony Solutions, Leadfusion, MatchFund, Optirate, Plantly, Plastyc, SapientNitro, Seeking Alpha, SmartyPig, Standard Charterd Bank, Thwakk, TouMetis, and Unience.

Household Debt and Credit

graph.pngThe New York Federal Reserve today released their 2Q2010 Quarterly Report on Household Debt and Credit. The report indicates the drop off in the number of open credit card accounts is slowing with the number of open credit card accounts only falling from 385 to 381 million in 2Q2010. Still, the number of open credit card accounts on June 30 was down 23.2% from their 2Q2008 peak.

Online Resources Expands Payments Presence in Utility Market

online_resources_logo.jpgOnline Resources has announced that over the past six months it has signed agreements with more than 40 utilities for various electronic billing solutions. According to the release, "Seven new biller-direct utility clients, including three of the 15 largest electric utilities and the largest investor-owned water utility in the U.S., selected Online Resources to power their customers’ billing and payments."

Prepaid Debit Card Research Reports

greendot_mastercard_card.gifGetDebit.com has started to assemble a comprehensive list of "must read" research reports on the prepaid debit card market. So far they have identified 15 reports, and provide a brief abstract about each. All the reports are free.

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