We just launched a new blog focused on important developments at nearly 100 of the most innovative financial companies on the planet: those chosen to demo at our Finovate conference series. We'll have capsule summaries each week on Netbanker, but for the full post we encourage you to subscribe to the Finovate email list or RSS feed here.

We'll also be keeping you posted on even more Finovate alumni news via our Twitter feed here.

Outright.com Launches New 1099 Tax Filing Service

Free online bookkeeping site Outright.com has added its first fee-based service, shedding light on its business model for the first time. The company's new service helps small business owners manage 1099 tax forms for contractors, charging $5 per. Outright intends to introduce more fee-based services in the future while keeping the core service free.

Along with the launch of its 1099 service, Outright also launched a new tax information website, Right Taxes Now. The new site provides tax advice and offers opportunities to sign petitions regarding small-business tax relief legislation.

Read more about Outright.com and its new offerings here.

BillShrink Expands into Small Business Market with Launch of Credit Card Advisor

BillShrink, which provides money-savings advice on a variety of consumer products, has expanded its offerings to include help for business owners.

The company's new BillShrink for Business service helps businesses find better credit card deals. The company also has online tools in the works for comparing business wireless phone services and savings accounts.

Read more about BillShrink's new business services here.

BrightScope Launches 401(k) Data Tool

On January 19, BrightScope launched a new online tool, the Personal 401(k) Fee Report. The new tool expands on BrightScope's previous 401(k) data offerings by comparing the costs and retirement results of selected plans against alternatives such as IRAs, making the data more useful to financial advisors.

The report also provides detailed information on each 401(k) plan, such as a breakdown of the fees and a list of the associated funds. Read more about BrightScope's new 401(k) product here.