Tag: Banking

Not so terrible twos: Simple marks two year anniversary of banking service

They grow up so fast. It seems like just a few months ago that we were all patiently waiting to be allowed behind the velvet rope that was a new kind of banking experience. Now Simple has been providing that service for two years—and now they’re letting everyone in. Read More

What a difference a year makes: Simple recounts its first year with customers on the platform

Portland-based Simple has a very lofty goal: to build a better banking experience. Or to be more blunt: to build a bank that doesn’t suck. And after a year with customers using the platform, Simple appears well on their way to satisfying that goal. Read More

What if banking were more Simple?

As if we all weren’t anxious enough. Awaiting the big unveil from the folks at Simple. It seems they’ve got to tease us a bit more with the pending iPhone awesomeness.

So if you’re among the teeming hordes waiting patiently for Simple to launch to the public, maybe you can bide your time with this new video. Read More

Vidoop banks on, well, banks

VidoopMany know Portland-based Vidoop—yes, they DO have a new look—as purveyor of OpenID provider myVidoop and home to the DiSo Project, “an umbrella project for a group of open source implementations of distributed social networking concepts.”

But Vidoop also has a number of revenue generating tricks in its bag, from the advertising that comprises its ImageShield to the enhanced security products that it sells.

Today at Finovate, Vidoop launched a new suite of those security products targeted at financial institutions, healthcare organizations, and corporations. And for banks in particular, Vidoop highlights that they offer “three options for providing strong authentication for accessing Web sites.”

The announcement appears to be striking a chord. According to Banktastic, “Your bank or credit union NEEDS to look into this.”

Of course, the real magic of Vidoop’s easy to implement, tough to defeat, advertising-supported security is that it not only reduces implementation and maintenance costs, it actually provides another way for businesses to generate revenue.

The ImageShield provides advertisers the opportunity to sponsor images within certain categories. Customers who choose to enable advertising-supported logins can obtain Vidoop’s increased security at little or no cost, and in some cases, generate revenue through the sponsored images.

“Not only can financial institutions potentially make money using Vidoop, but they can also realize substantial savings through customer service,” said Mitch Savage, Vidoop’s Executive Vice President, Business Development. “The number one call to most customer support centers is login issues. Vidoop provides an easier way for users to remember passwords with images, and now we have two additional ways they can authenticate without requiring expensive call center support.”

For more from Mitch on Vidoop’s new offering, here’s an interview from Finovate:

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For more information, visit Vidoop.

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