Finovate Alumni News

On Finovate.com

  • Algomi Picks Up Investment from Euroclear.

Around the web

  • YUKKA Lab selected to participate in the Swiss Kickstart Accelerator.
  • Finicity announces integration with SimpleNexus’ enterprise digital mortgage platform and mobile app.
  • Diebold Nixdorf teams up with Progress Systems to bring self-service cash withdraw and deposit services to credit unions in Ireland.
  • Lending Club appoints Ronnie Momen as Chief Lending Officer.
  • Kabbage appoints Scott Rosenberg as CFO.
  • BeSmartee integrates with Equifax to automate service options.
  • Crowdfund Insider: OurCrowd celebrates 5 years with $750 million raised, 160 companies & 21 exits.

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.

YUKKA Lab Launches Market Sentiment Analysis Solution, News & Trend Lab

FinovateAsia 2017 Best of Show winner YUKKA Lab has unveiled its News & Trend Lab which gives investors and traders an organized and efficient way to view and manage financial news in real-time. The News & Trend Lab aggregates search and filter options in a single location, pulling relevant and personalized data from the real-time stream of more than 200,000 articles a day from more than 20,000 global news and information sources.

More interestingly, the Lab turns market sentiment into compelling visualizations within an intuitive, cockpit-like UI that makes it easy to absorb complex data on companies, market behavior, and other financial factors.

YUKKA Lab Chief Business Development Officer and Co-Founder Oliver Berchtold demonstrating YUKKA Lab’s Newsflow Analyzer at FinovateEurope 2018.

“The YUKKA Trend Lab uses these sentiment scores and proprietary arithmetical financial models that have been back-tested since 2005 to generate an early warning system for trends and trend reversals in stock markets,” YUKKA Lab’s Head of Marketing and Communication Ulrike Haferstroh added in the product announcement at the company’s blog.

There are two components of YUKKA News & Trend Lab. The News Lab presents market events, stakeholders and interrelationships, and sentiment data. The Trend Lab builds trends indicators and trading signals based on financial modeling of sentiment data.

News & Trend Lab also features News Boards of aggregated newsflow, and market sentiment information; News Networks to better view relationships between events, trends, and companies; a variety of search and filter options; and an early warning system to help investors and traders spot emergent themes and shifts in existing trends in the markets. YUKKA Lab is charging €299 ($369) a month for News Lab, €439 per month ($542) for Trend Lab, and €549 ($678) for both News & Trend Lab. Extended packages and API solutions are also available.

Headquartered in Berlin, Germany, YUKKA Lab demonstrated its Newsflow Analyzer at FinovateEurope 2018 earlier this year, and features a client list that includes Consors Bank, UBS, and Belvoir Capital AG. YUKKA Lab is a leader in the field of augmented language intelligence and context-based text analysis, and leverages these technologies to determine the positive, negative, or neutral sentiments within textual data such as financial news. The result is a rational, emotion-free recommendation engine for investors and traders.

Finovate Alumni News

On Finovate.com

  • YUKKA Lab Launches Market Sentiment Analysis Solution, News & Trend Lab.

Around the web

  • Transferwise gains direct access to Bank of England’s interbank payment systems.
  • nCino teams up with VASCO to integrate eSignLive’s e-signature technology into its Bank Operating System.
  • DarcMatter to integrate the NEM blockchain into its platform.
  • Payfone partners with EnStream to expand its Digital Identity Authentication Network to Canada.
  • Customers can pay for shoes online at Payless.com with PayNearMe.
  • Malaysia’s largest credit reporting agency partners with LenddoEFL.
  • YUKKA Lab launches new market sentiment analysis Tools.

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.

FinovateEurope Sneak Peek: YUKKA Lab

A look at the companies demoing live at FinovateEurope on the 6 through 9 of March 2018 in London. Pick up your tickets today and save your spot.

YUKKA Lab is a technological leader in the field of augmented language intelligence, delivering fact-based actionable insights for the financial branch.

Features

  • Fast and efficient overview of relevant topics and news, better-informed advisory
  • Fact-based investment decisions
  • Risk Mitigation

Why it’s great
YUKKA´s technology systematically aggregates and evaluates financial news based on context in real-time. It allows users to reliably anticipate market moods and trends and adjust strategies accordingly.

Presenters

Oliver Berchtold, CBD & Co-Founder
Berchtold is an experienced business developer and digital transformer passionate about integrating the benefits of artificial intelligence to support the transformation of the financial industry.
LinkedIn

Andreas Pusch, CEO & Founder
Pusch is an experienced entrepreneur with a long-standing background in the finance industry. He is passionate about providing customers with solutions that truly simplify their investment decisions.
LinkedIn

FinovateAsia 2017 Best of Show Winners Announced

FinovateAsia 2017 is in the books. And after two days of live fintech demos from 32 innovative companies from around the world, our Finovate attendees have made their preferences known as to which companies should win Best of Show trophies.

One of the most interesting aspects of our Best of Show awards is how they provide an insight into which technologies are truly being put to work to solve real-world financial problems for financial institutions, merchants, and consumers alike.  Whether the challenge is making payments safer and easier, helping individuals and families meet their financial goals, or fighting fraud and cybercrime, the companies that earn Best of Show at Finovate conferences are the ones that have shown our attendees that they have the solutions that the rest of the competition is still searching for.

This is why it is no surprise that so many of the companies that have earned the title of Best of Show have made such a significant impact in fintech – either as an emerging industry leader in their chosen field or as the sought-after acquisition from a larger firm eager to leverage a specific set of skills to broaden their own ability to serve a wider range of customers.

So with no further ado, let’s take a look at the award winners for Best of Show at FinovateAsia 2017 (in alphabetic order):

AApay Technology for its unique payment app that enables consumers to automatically split bills and gives businesses access to multiple payment methods to better manage all of their electronic transactions.

 

 

 

Bambu for its machine learning model, People Like Me, that goes beyond traditional roboadvisory to help users better identify and reach their financial goals.

 

OCR Labs for its Orbit ID SDK that enables enterprises to stop fraud, reduce friction during the onboarding process, and help manage KYC/AML obligations.

 

 

 

 

 

 

YUKKA Lab for its technology that leverages natural language programming and machine learning to provide real-time analytics into the financial markets.

 

 

 

 

We hope you enjoyed FinovateAsia 2017 and our new expanded format including panel discussions and keynote speeches from major fintech thought leaders. We had a great time bringing our fintech conference to Hong Kong for a second year in a row, and are looking forward to being back again next year. As always, a thousand thanks to all those who attended, sponsored, partnered with, and demoed their latest and greatest innovations live on stage. We’ll see you again in 2018!


Notes on methodology:
1. Only audience members NOT associated with demoing companies were eligible to vote. Finovate employees did not vote.
2. Attendees were encouraged to note their favorites during each day. At the end of the last demo, they chose their three favorites.
3. The exact written instructions given to attendees: “Please rate (the companies) on the basis of demo quality and potential impact of the innovation demoed.”
4. The four companies appearing on the highest percentage of submitted ballots were named “Best of Show.”
5. Go here for a list of previous Best of Show winners through 2014. Best of Show winners from our 2015 and 2016 conferences are below:
FinovateEurope 2015
FinovateSpring 2015
FinovateFall 2015
FinovateEurope 2016
FinovateSpring 2016
FinovateFall 2016
FinovateAsia 2016
FinovateEurope 2017
FinovateSpring 2017
FinovateFall 2017