Glenbrook’s Bryan Derman is live blogging from FinovateFall 2010. This is the first of several posts; you can find an index to his coverage here.

Credit Sesame:

• Consumers can create a free account and Credit Sesame will attempt to “optimize” their credit position based on lenders’ pre-qualified credit offers
• Provides a free credit score and details an outstanding loans; updated monthly
• Site will calculate recommendations; uses patent pending technology for lowering monthly payments across all loans
• Naturally, consumer can apply for suggested loans right on the Credit Sesame site (and they get paid by lenders for providing the leads)

BillShrink:

• These guys have been a regular at Finovate — they provide savings suggestions on complex purchases
• Announcing today that they will be available on the websites of their payment card partners
• Java script insert adds relevant offers to a consumer’s online card statement (e.g., save money on wireless bills by analyzing bill details, TV, gasoline, etc.)
• With some bank integration, offers can be purchased from the bank site (and charged to the card) and get a coupon that will allow them to redeem the offer at a store
• Consumers can “like” or “dislike” various offers in order to train the system
• The host bank can also use BillShrink to promote its own products

Yodlee:

• Welcome to Yodlee 10!  Beginning to certify new “fin apps”
• Currently running in 200 banks around the world with millions of users
• Expanding from email and web access to social networking — connect Yodlee identity to Facebook identity (can also link to Twitter)
• Allows consumers to share their spending (selectively) with their friends (a la Swipely and Blippy).  [Tell me again why I’d want to do that?]
• Can also publicize your savings goals and Yodlee will also move the money accordingly  — e.g., transfer from checking to savings — but also suck the money out of friends’ accounts once they’ve indicated they’d like to help you out (panhandling goes online!!)
• Have an app store called MoneyCenter to find apps from partners like BillShrink and H&R Block

Accredited Capital Exchange (ACE):

• Accredited Capital Exchange — the hub for private offerings (private placements, PIPEs)
• Helps small, new funds see more private investment opportunities
• Deals are initially blind until investor qualifies itself through the site
• Once qualified, the investor can review details on the company and the offering; it can also send in due diligence questions and ultimately submit an indication of interest

FIS Payments:

• Followed consumers from the mailbox to their online banking site
• Developed a virtual payment management environment featuring:  a bill rack, a tour, a localized list of billers, an ordered list of bills to be paid, a list of ebills
• Can also get date-based view of payments and income
• Will also store payment receipts virtually (via partnership with Billeo)

Wonga:

• Announcing release of Android app for making loans (in the UK)
• Already have iPhone app that can take user from loan application to good funds in account within 15 minutes
• Small (<UKP1,000) and short-term (<35 days) loans
• Cash can be immediately withdrawn from an ATM
• Will I actually read a loan agreement on my iPhone

Kiboo:

• Platform integrates with financial institutions in order to help parents and kids understand their money
• Parent dashboard lets adult view kids accounts and work with them to understand their money — set up budgets, set goals, plan for the future, donate to charity
• Nice user interface for young people trying to understand their budget and where they stand against it today (including programmable alerts)
• Also integrates retail partners that can help them save money
• Bank can provide education and services, while users get a customizable experience featuring user-generated content
• Beta test will start in a few weeks