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Finovate Alumni News from BancVue, Billeo, and Credit Karma

By Andrew Dolbeck on February 19, 2010 2:36 PM | Comments (0)

Stories from our Finovate blog cover some of the most innovative financial companies in the world. More alumni news is available on our Finovate Twitter feed.

image BancVue Acquires Financial Literacy Company Skill-Life

In its first corporate acquisition, BancVue purchased fellow Finovate alum Skill-Life, a company that produces interactive games that promote financial literacy. The purchase price was not disclosed. BancVue expects to make more acquisitions and strategic partnerships in the future.

Skill-Life produces customizable game platforms where children can earn real-world rewards as incentives in games that teach financial skills. Skill-Life licenses its platforms to financial institutions, enabling them to add their own branding to the game environment (full post here).

Billeo Adds Bing to Offer Assistant

image Billeo has added Microsoft Bing to the list of search engines supporting its Offer Assistant product. Partnering with Bing gives Billeo the top-three players in the Internet search market (it already works with Yahoo! and Google), representing about 97% of U.S. searches.

Offer Assistant helps consumers take advantage of incentives and rewards from credit or debit cards while using search engines to shop online. Billeo's partnership with Microsoft adds Bing's cash-back rewards program to the service (full post here).

Credit Karma Launches New Dashboard Tool

image Consumer credit information provider Credit Karma has launched a new feature that provides targeted offers to visitors at its site. The feature, called the Ways to Save Dashboard, draws on information provided by visitors to anonymously shop for and present financial products offers.

With its new Dashboard feature, the Credit Karma site automates the complex process of researching new loans, credit cards, saving accounts, and other financial products (full post  here).

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