FinovateSpring Sneak Peek: Blend

FinovateSpring Sneak Peek: Blend

blend_homepage_April2016

FS2016-wdateA look at the companies demoing live to 1,500+ fintech professionals on May 10 & 11. Register today.

Blend is a Silicon Valley technology company empowering lenders to originate efficient, data-driven mortgages while offering their borrowers a compelling user experience.

Features:

  • Drive down the costs of originations
  • Maintain airtight digital compliance
  • Originate borrower-friendly mortgages from any device in just weeks

Why it’s great
Blend is empowering lenders across the country to originate efficient, data-driven mortgages.

Presenters

PranayKapadia_BlendPranay Kapadia, Head of Product Development
Kapadia is the VP of Product at Blend where he owns the vision and roadmap of the Blend product. Before Blend, he was head of product management for Intuit.
LinkedIn

 

 

AlecRoth_BlendAlec Roth, Sales
Roth is a member of the Blend sales team bringing efficient, data-driven mortgages to lenders across the country. Prior to Blend, Roth held sales positions at Atlassian and Marketron.
LinkedIn

FinovateSpring Sneak Peek: EquityZen

FinovateSpring Sneak Peek: EquityZen

EquityZen_homepage_April2016

FS2016-wdateA look at the companies demoing live to 1,500+ fintech professionals on May 10 & 11. Register today.

EquityZen is a streamlined investment platform focused on offering access to proven, pre-IPO technology companies for individuals, advisers, and institutional investors.

Features:

  • Professional investors can securely execute investments for multiple clients
  • Integrated analytics allow management of all of clients’ private investments
  • Simplified research tools

Why it’s great
We’re bringing the power of our platform, which has provided access to many of the largest VC-backed U.S. companies in the U.S., seamlessly to institutional investors.

Presenters

AtishDavda_EquityZenAtish Davda, CEO
Davda is the CEO and co-founder of EquityZen. Prior to founding EquityZen, he was product lead at Ampush. He began his career as a financial engineer at AQR Capital.
LinkedIn

 

 

KetanBhalla_EquityZenKetan Bhalla, Product Lead
Bhalla leads product at EquityZen. Prior to EquityZen, he was the COO of Sliced Investing and was previously a vice president in J.P. Morgan’s Alternative Investments Group.
LinkedIn

FinovateSpring Sneak Peek: CUneXus

FinovateSpring Sneak Peek: CUneXus

CUneXus_homepage_April2016

FS2016-wdateA look at the companies demoing live to 1,500+ fintech professionals on May 10 & 11. Register today.

AutoXpress by CUneXus and Edmunds.com eliminates the uncertainties and frustrations of car buying by instantly connecting a preapproved loan to real-time auto dealership inventory.

Features:

  • Seamless online and mobile banking integration
  • Access to real-time inventory at more than 13,000 auto dealerships nationwide
  • Locked-in, up-front pricing on specific vehicles

Why it’s great
An end-to-end, vehicle-purchasing solution inside online and mobile banking. Lender-approved and dealer-guaranteed. No haggling. No loan applications. Auto purchasing made easy—the way it ought to be.

Presenters: President and CEO Dave Buerger, LinkedIn; CTO John Reich, LinkedIn

FICO Unveils its Score Simulator

myFICO_homepage_April2016

Fresh off its FinDEVr New York debut, predictive analytics pioneer FICO is making headlines on both the product and personnel fronts.  The company’s new FICO Score Simulator, unveiled this week at myFICO.com, draws on data from all three major credit bureaus to show consumers how hypothetical financial decisions or circumstances might impact their FICO score.

Vice President of Consumer Scores at FICO Geoff Smith pointed out that FICO scores are used in more than 90% of the lending decisions in the U.S.  The Simulator provides a look into 24 different financial situations including refinancing a mortgage, maxing out credit cards, and taking out a car loan. “Our mission is to empower consumers with tools and content that help them understand their financial health,” Smith said, “including decisions that could impact FICO scores.”

FICO demonstrated Decision Management Platform Streaming as part of its presentation, “Rapidly Deliver Contextually Powered Stream Processing,” at FinDEVr New York. Founded in 1956, FICO is headquartered in San Jose, California, and is publicly traded on the New York Stock Exchange under the symbol “FICO.” The company will hold its FICO World 2016 conference in Washington, D.C. at the end of April.

Finovate Alumni News

On Finovate.com

  • Where are they now? A look at FinovateSpring 2015 Best of Show Winner Successes.
  • “PayPal Marks U.K. Rollout of PayPal Credit with Interest-Free Financing”

On FinDEVr.com

  • “FICO Launches Score Simulator, Adds New CIO Claus Moldt”

Around the web

  • ebankIT shares top honors with Kerv at Temenos Innovation Jam.
  • Top Image Systems inks $115,000 accounts-payable deal with unnamed U.S. technology company.
  • Xceed FCU transitions to Fiserv-hosted DNA account-processing platform.
  • INETCO powers BECU’s omnichannel monitoring and analytics solutions that won the Celent Model Bank Award in the omnichannel category.
  • Red Herring Europe names Featurespace a Top 100 company.
  • Backbase powers Altyn-i, a new digital bank in Kazakhstan.
  • “Signifyd Launches Fraud Protection App for Magento Marketplace”

This post will be updated throughout the day as news and developments emerge. You can also follow all the alumni news headlines on the Finovate Twitter account.

Avalara, Signifyd Bring Sales Tax, Fraud Solutions to Magento E-commerce Marketplace

Avalara, Signifyd Bring Sales Tax, Fraud Solutions to Magento E-commerce Marketplace

Magento_Avalara

Customers of Magento are getting more than their usual share of love from Finovate and FinDEVr alums.

FinDEVr alum and long-time Magento partner Avalara announced that its sales-tax calculation solution, Compliance Cloud, will be a part of the Magento 2.0 e-commerce platform. In addition, customers will gain access to Avalara’s tax-prep, filing and remittance services.

Marshal Kushniruk, Avalara’s executive vice president of business development, called the latest integration a “strong proof point” of his company’s “multifaceted relationship” with Magento. Kushniruk pointed to their more than 1,000 mutual customers, adding that “we are delighted to be a vibrant part of Magento 2.0.”

Seattle-based Avalara has spent the first quarter of 2016 lining up partners. The company extended its relationship with WooCommerce in March and in Februry, Avalara unveiled its LandedCost solution to help small businesses handle overseas taxes, tariffs, and fees. The company made its FinDEVr debut at FinDEVr San Francisco 2015. Loke Uei Tan, senior manager for developer relations, presented on “The Wacky World of Sales Tax” and how Avalara’s APIs help make sales-tax calculation functionality an easy add-on for developers.

Magento_Signifyd

Meanwhile, Finovate alum Signifyd said that the fraud-prevention app it released on Monday will be the “first and only fraud-prevention app” available via Magento’s platform.

Calling the Magento platform “prestigious” and “far-reaching,” Skye Spear, Signifyd senior director of partnerships and business development, said the platform would help get Signifyd’s technology in the hands of more merchants around the world. “E-commerce companies shouldn’t have to worry about fraud,” Spear said.

Signifyd specializes in helping merchants defend themselves against CNP (card not present) fraud. The company’s Social Graph technology leverages social media, search engines, and other sources to determine the likelihood that a person online is who they say they are, and gives merchants a straightforward “Accept” or “Decline” on transactions. Moreover, Signifyd will accept full liability for any transaction that is accepted but turns out to be fraudulent.

Headquartered in San Jose, California, Signifyd demonstrated its Guaranteed Payments solution at FinovateSpring 2013. The company raised $20 million in a Series B led by Menlo Ventures in February, the same month Signifyd announced that it was extending its integration with Shopify Plus.

Finovate Alumni News

On Finovate.com

  • Check out this week’s FinDEVr APIntelligence.
  • “Avalara, Signifyd Bring Sales Tax, Fraud Solutions to Magento E-Commerce Marketplace”
  • “Ixaris Receives $6 Million in Funding After Spinning Off from Parent Company”

Around the web

  • BankNxt’s BIGcast interviews CEO Steve Hoffman of SayPay Technologies.
  • OutsideIQ joins fintech accelerator, Bank Innovation INV, as an API partner. See OutsideIQ at FinovateSpring in San Jose next month.
  • Vix Verify opens new offices in Atlanta, Georgia’s Transaction Alley as part of American expansion.
  • Algomi partners with IPC Systems to support buy-side users of its Honeycomb network.
  • Bank Innovation takes a look at CBANC and its effort to make social media work for banks.
  • “AuthenticID Wins All Payments Expo Shark Tank with CatfishAIR Identity Verification Solution”
  • Chase launches OnDeck-powered SMB Loan platform.
  • “CardFlight and Miura Systems Partner to Offer EMV and NFC Mobile POS Solution to the U.S Market”
  • MIT adopts Ripple validator to advance consensus and blockchain research.
  • “LPL Selects BlackRock’s FutureAdvisor as Robo Platform”
  • CIOReview names Praesidio in list of top 20 Most Promising Banking Technology Solution Providers for 2016.

This post will be updated throughout the day as news and developments emerge. You can also follow all the alumni news headlines on the Finovate Twitter account.

FinovateSpring Sneak Peek: Comarch

FinovateSpring Sneak Peek: Comarch

Comarch_homepage_Apri2016

FS2016-wdateA look at the companies demoing live to 1,500+ fintech professionals on May 10 & 11. Register today.

Comarch is a leading software house in Europe. Comarch Wealth Management is, in turn, a solution allowing banks to devise investment strategies fully aligned with their clients’ needs and objectives.

Features:

  • Consolidation of key data on all assets belonging to affluent individuals or families
  • Personalized financial planning and investment advisory in one powerful app
  • A whole new customer experience

Why it’s great
It significantly assists financial institutions in letting clients stay in control of their assets (and never lose sleep over losing them out of sight).

Presenters

Comarch_JFilipiakJerry Filipiak, CEO and Chairman of the Board
CEO of Comarch Inc. and founder of SoInteractive, Filipiak has studied at Virgina Tech and Cornell University. His passion lies in theoretical computer science.
LinkedIn

 

 

Comarch_DianaChinDiana Chin, Human Resources and Operations, New York City
Chin served in telecommunications before joining Comarch Inc. and becoming an integral part of their New York operational team.
LinkedIn

 

FinovateSpring Sneak Peek: SWITCH

FinovateSpring Sneak Peek: SWITCH

SWITCH_homepageApril2016

FS2016-wdateA look at the companies demoing live to 1,500+ fintech professionals on May 10 & 11. Register today.

SWITCH is a Seattle-based fintech company developing the first automated payment card and online account updater to help consumers update their cards and payment methods wherever they shop online.

Features:

  • Users can update their credit cards where they shop online.
  • Card issuers can get their cards into circulation faster.
  • Merchants can ensure the card they have on file stays current.

Why it’s great
SWITCH’s innovative technology for card updating and visibility utilizes patent-pending machine-learning technology to benefit card issuers, merchants, and consumers alike.

Switch_ChrisHopenPresenter: CEO Chris Hopen, founder
Now on his third startup, Hopen combines deep experience in networking and security technologies along with a savvy business sense to developing solutions for the fintech market.
LinkedIn

FinovateSpring Sneak Peek: Moven

FinovateSpring Sneak Peek: Moven

Moven_homepage_April2016

FS2016-wdateA look at the companies demoing live to 1,500+ fintech professionals on May 10 & 11. Register today.

Brett King, CEO of Moven, and Rizwan Khalfan, chief digital officer of TD Bank, will demo the TD MySpend app for the first time at FinovateSpring.

Features:

Moven and TD Bank will demo MySpend, a complete integration of the Moven platform within TD Bank’s mobile ecosystem.

Presenters: Brett King, CEO and founder, Moven; Rizwan Khalfan, chief digital officer, TD Bank

Finovate Alumni News

On Finovate.com

  • “Malauzai to Offer Geezeo-Powered PFM Tools”

On FinDEVr.com

  • “FinDEVr New York Presentation Videos Live on FinDEVr.com”

Around the web

  • Top Image Systems appoints Kristian Niklasson as its new chief services officer.
  • Alkami Technology teams up with Easy Solutions to add anti-fraud technology to its digital banking platform.
  • Irish Tech News interviews Moven CEO Brett King. See Moven at FinovateSpring next month in San Jose.
  • Fiserv Investment Services President Cheryl Nash named executive leader for Envestnet Institute On Campus’ “Women in Wealth Management” program.
  • API report covers Streamdata.io.
  • ThreatMetrix launches new release with deeper decision analytics, enhanced mobile offering, and stronger authentication capabilities.
  • BehavioSec, Nationwide, Unisys Team Up on Biometrics.

This post will be updated throughout the day as news and developments emerge. You can also follow all the alumni news headlines on the Finovate Twitter account.

Refund.me Brings its Air Travel Compensation Service to Businesses

Refund.me Brings its Air Travel Compensation Service to Businesses

Refundme_homepage_April2016b

With Business Solutions, refund.me is extending its air travel compensation service to the enterprise.

New European Union laws mandate compensation for air passengers who experience flight cancellations, delays, and overbookings. Refund.me automatically analyzes and processes flight compensation claims which, for businesses that have employees traveling in Europe, helps companies both save money as well as recoup costs.

“By outsourcing the claims process to refund.me, companies avoid the costs of internal legal and administrative teams necessary to analyze and process complex flight data and compensation claims,” explained Eve Büchner, refund.me’s CEO and founder.

Read more about refund.me in our recent profile of the Palo Alto, California-based company.

refundme_b2b_homepage

refund.me Business Solutions is a new, B2B, web portal that exists next to the company’s consumer flight compensation website. Business Solutions is geared toward travel management companies, corporate travel managers, and consolidators, and can be customized to match specific corporate travel policies and practices. Refund.me estimates that 11 million air passengers a year are eligible for more than 5 billion euros in compensation for flight cancellations and other disruptions.

Founded in 2012 and headquartered in Palo Alto, California, refund.me can be seen demonstrating its Flight Compensation service at FinovateEurope 2016. It acquired Travel Notes earlier this month for an undisclosed sum. Refund.me serves air travelers in 145 countries filing claims against more than 350 airlines, and claims a success rate of 98% in securing compensation.