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As we begin helping FinovateEurope 2014 presenters polish their demos for the show on February 11 and 12, we thought we'd take some time to catch up with last year's best of show winners to see what they've been up to over the past 12 months.

Here are last year's winners, in alphabetical order:


Who they are: A retail bank leader in France and Europe, with 11,600 branches worldwide, 160,000 employees and 54M customers.

What they demoed: The Credit Agricole Store, a European app store where financial apps are co-created between clients and developers thanks to the opening bank APIs.
Demo video

What they've been up to:

    • Celebrated the second year of its social media bank and attracted 3k banking customers.
    • Harnessed banking and insurance expertise to support the cooperative group Agrial in its first listed private bond placement.


Who they are: an IT company that develops complex and innovative solutions for the banking and finance industries. 

What they demoed: The BANKTRON e-channels management platform that provides front-end users elegant, safe, and secure financial products and services.
Demo video

What they've been up to:

  • Was recognized as Lithuania's most advanced high-tech sector company in the elections of the Knowledge Economy Company 2013.
  • Released a mobile banking app for Medicinos Bankas.
  • One of the DNB Group's Internet banks implemented BANKTRON and its newest adaptive interface.


Who they are: mBank is a financial sector innovator that offers a full range of retail and SME financial products. Efigence specializes in online banking platforms, currency trading tools, PFM tools and social and financial data aggregation tools.

What they demoed: Their online banking transactional site and implementation of Facebook and real-time consumer gratification.

What they've been up to:

    • mBank, along with Accenture, picked up a Best of Show award at FinovateFall 2013
    • mBank announced a new transactional service, new logo, premium offer for affluent customers.
    • Efigence-powered Alior Currency Exchange awarded Innovation of the year 2012 title
    • Efigence-powered Alior Bank won the prestigious Golden Bank 2012 title


Who they are: They offer white-label PFM and next generation online banking solutions to retail banks.

What they demoed: Their To buy or Not to buy, a white-label module for mobile banking applications. It uses PFM functionality to empower and influence consumers at the point of sale or when considering buying something.

What they've been up to:

    • Promsvyazbank in Russia launched Meniga-powered PFM-Service
    • Raised $6.5 Million (€5 Million) to further develop PFM and online banking
    • BRE Bank launched its "new mBank"based on Meniga´s PFM solution


Who they are: A neobank focused on the mobile experience and aimed at both banked and underbanked consumers.

What they demoed: Their mobile banking experience along with how CredScore and their Spend, Save, Live tools will help consumers manage and improve their financial health

What they've been up to:

    • Launched their Android app
    • Updated the iOS app
    • Received $2 million investment from Life.SREDA
    • Expanded the beta sign ups for the bank
    • Debuted Money Pulse to help users manage day-to-day finances


Who they are: A solution that provides a platform for kids under the age of 18 to make transactions online with parental controls.

What they demoedAn e-commerce solution that enables kids to manage and spend money within a parent-controlled environment

What they've been up to:

  • Rebranded as Oink
  • Launched new iOS mobile app
  • Contracted with Marvelous USA to provide its payment system on their site
  • Expanded to a quarter of a million users
  • Signed its first UK partners, Toy Galaxy and Toadstool
  • Won The National Parenting Center's 2013 Seal of Approval under the Websites category.
  • Partnered with epay
  • Received Excellence in Best Practices Award from Frost & Sullivan


Who they are: The creator of a social payments app that helps users track and split joint expenses on-the-go.

What they demoed: Their app that helps groups manage shared finances by giving them an easy option to repay one another

What they've been up to:

  • Launched Android app
  • Presented their solution to the Bavarian Ministry of Economics


Who they are: SumUp offers an easy way for small businesses and sole traders to accept card payments securely, even on-the-go. Using only a portable card reader and an app for iOS and Android, merchants can accept card payments on their mobile device.

What they demoed: Their mobile point of sale system

What they've been up to:

  • Expanded to Latin America with launch of m-payments service in Brazil
  • Cut its transaction fee across Europe
  • Received investment from BBVA Ventures to aid in expansion to South America
  • Launched plug-and-play POS technology
  • Received multi-million Euro investment from Amex and Groupon
  • Launched in Russia and partnered with Svyaznoy Group
  • Partnered with Revel Systems to facilitate card payments
  • Began supporting AmEx in some European markets

To be a part of the action at this year's FinovateEurope, get your ticket here to watch a full two days of demos and vote for who you think should win Best of Show.

Here at Finovate, we've been keeping a close watch on the development of fintech since 2007. This year was no different. Over the course of our four conferences in 2013, we saw:

    • 241 demos
    • 28.1 hours of demos
    • 16 "time's up" gongs
    • 39 hours of high-intensity networking
In case you missed them, here are the Best of Show winners from this year:


  • oink_newlogo.jpgVirtual Piggy (now Oink) for its kids' payment system with parental controls
    demo video


  • LendUp, for its LendUp Ladder loan platform that helps LendUpLogo.jpgthe underbanked build credit
    demo video
  • TipRanksLogo.jpgTipRanks, for its solution that brings transparency to individual investors, helping them decide who to trust
    demo video


  • motiflogo.jpgMotif for its platform that lets you invest in ideas in one click
    demo video
  • TipRanksLogo.jpgTipRanks, for its solution that brings transparency to individual investors, helping them decide who to trust
    demo video
  • YodleeLogo2012.jpgYodlee, for its debut of TANDEM that helps groups manage and discuss shared finances
    demo video


  • INDGroupLogo.jpgIND Group, for its Essence mobile banking app, with detailed financial management tools
    demo video
  • KofaxLogo.jpgKofax, for its omni-channel solution that accelerates and enhances the underwriting process
    demo video
  • YodleeLogo2012.jpgYodlee, for the international debut of TANDEM, an app that helps groups manage and discuss shared finances
    demo video

The Full History

Here's the Best of Show history that spans back the inception of Finovate in 2007:

Finovate 2007
Held October 2, 2007

Held April 29, 2008

  • First ROI (now BancVue): Develops products and services for community financial institutions
  • Jwaala: Provides software solutions to help financial institutions compete
    demo video

Held October 14, 2008

  • Credit Karma: Provides a free and easy way for consumers to understand, monitor and monetize their credit profile
    demo video
  • Neosaej's MoneyAisle (closed): Platform where banks compete in live auctions for an individual consumer's business 
    demo video

Held April 28, 2009

  • BillShrink (now Truaxis): Provides a free cost-savings tool that saves consumers money on everyday bills
    demo video
  • Silver Tail Systems (acquired by EMC in October 2012): Predictive analytics to prevent fraud abuse
    demo video
  • SimpliFi: A web service that allows anyone to create and update their own financial plan
    demo video

Held September 29, 2009

  • Provides free interactive tools, education, and unbiased comparisons of quality financial products and services
    demo video
  • Silver Tail Systems (acquired by EMC in October 2012):  Online fraud detection services
    demo video
  • Yodlee: Provides personalized financial solutions to financial institutions
    demo video

Held May 11, 2010

  • oFlows (Purchased by Andera in 2011): Multichannel, paperless solutions for financial institution account opening
    demo video

Held October 4-5, 2010

  • oFlows (Purchased by Andera in 2011): Multichannel paperless solutions for account openings
    demo video

Held February 1, 2011

Held May 10-11, 2011

  • BancVue: Develops products and services for community financial institutions
    demo video
  • BankOns: Mobile app offering consumers real-time savings at local merchants
    demo video
  • oFlows (Purchased by Andera in 2011): Multichannel paperless solutions for account opening
    demo video
  • Mitek Systems: Provides apps for smartphones that allow users to deposit checks and pay bills via the camera on their device
    demo video

Held September 20-21, 2011

  • FeeFighters (acquired by GroupOn in 2012): Platform that simplifies the process of choosing a merchant account provider
    demo video
  • Offermatic (closed in June 2013): Targeted online offers provider
    demo video
  • oFlows (Purchased by Andera in 2011): Multichannel paperless solutions for account openings
    demo video

Held February 7, 2012

  • Nutmeg: Online investment manager that democratizes saving and investing
    demo video

Held May 8-9, 2012 

  • Dwolla: FISync service to enable banks to originate real-time, P2P payments
    demo video

Held September 12- 13, 2012

  • Credit Sesame: Financial Fitness Indicator that gives users a comprehensive view of their financial situation
    demo video

Held November 6, 2012

  • Finantix: Launched Sharp digital banking platform to improve sales and service interaction
    demo video
  • UbankNational Australian Bank (NAB), launched its peer-spending comparison tool, People like U
    demo video

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 companies with the highest percentage of submitted ballots were named Best of Show.  

FinovateEurope 2013 in the Press

Here's a look at some of the press coverage we received from FinovateEurope last week:

Money-Transfer Service Azimo Integrates with Facebook
By David Cohen

American Banker
Cardlytics Brings Offers, Rewards to Bank Customers on Facebook
by Mary Wisniewski

True Office, Thomson Reuters Partner to Offer Gamified Compliance Apps
by Mary Wisniewski

Backbase blog
Backbase Unveils Amazon-like Digital Marketing Module at FinovateEurope 2013
by Prue Duggan

Bank Marketing Strategy
Moven From Mobile Banking to Mobile Money
by Jim Marous
mBank idzie za ciosem i pokazuje kolejne nowości
by Michał Kisiel 

Nowy mBank zapowiada mOkazje i przelewy wysyłane jak wiadomości

Banking Technology
Finovate Europe sees arrival of the Old Guard
by David Bannister

Temenos debuts LiveDesigner at Finovate Europe
by David Bannister

Finovate Europe 2013: Bank to the Future
by Auke Douwe

Berliner Morgenpost
SumUp will traditionelle Kassen abschaffen
by Jürgen Stüber

Computer World
Gamification trend could save banks from huge compliance fines
by Matthew Finnegan

Credit Union Times
Mobile Banking by Voice Next Up? Print Preview 
by Robert McGarvey

Finantix takes mobile banking to the next level
Fresh from a $30m funding round, Kabbage looks beyond the US to launch its loans platform for UK SMEs
by Paul Sawers

SumUp demos its latest mobile-payments tech for Europe: Order a coffee simply by saying your name
by Paul Sawers

El Economista
BBVA participa en FinovateEurope entre ´startups´ europeas

El País blog
Móvil y banca en España
by Álvaro Martín Enríquez

Financial Times
Eye-opening options
by Peter Williams

Money app aimed at Facebook users
by Duncan Robinson

Triumph of technology
by Peter WIlliams

Moven gears up for launch

Temenos unveils LiveDesigner tool for Web application development

The Currency Cloud API integrated into Salesforce and Sage 50

Forrester blog
Finovate Europe 2013: Bank to the Future
by Auke Douwe Veenstra

Finovate Europe 2013: Digital Financial Innovation
by Benjamin Ensor

The Currency Cloud's unique cross-border-payments-a-service capability available for leading enterprise software 

GoMo News
UK startup debuts mobile money app for Facebook
by Dave Evans

ICT journal
Huit innovations financières primées à Finnovate
by Hélène Lelièvre

Temenos étend sa gamme de solutions pour l'expérience utilisateur
by Bastien Brodard

Intelligent HQ
#Finovate NOW a new generation of Social Bankers
by Hayden Richards

FinTech News: #Finovate, #Gamification trends
by Hayden Richards

International Business Times
Sharing Money On Facebook Just Got Easier: Should Banks And PayPal Be Worried?
by Christopher Zara

Mapa Research
Finovate Day One Round Up
by Paul Merry

Finovate Day Two
by Joshua Grant

Money Marketing
Ian McKenna: New tech will drive down costs
by Ian McKenna

Moven gives sneak peek of new mobile banking app
by Hamish McKenzie

Payments Journal
Kabbage Extends Its Small Business Funding Model To the UK

Payments Source
Cardlytics Searches for Issuer Adoption on Facebook
by John Adams

PR Web
Meniga Awarded its Second "Best of Show" Trophy at Finovate

Programmable Web
Integrate Cross-border, International Payments Processing with Currency Cloud's XBPConnect API
by Eric Carter

Puls Biznesu blog
Taki będzie Nowy mBank

RFP Connect
SAGE SA To Introduce BlackSwan Financial Platform at FinovateEurope 2013

Shiny, Shiny
Azimo lets you transfer money to your Facebook friends
By beccacaddy

Ezbob to expand to the US
By Chris Dawson

Kabbage announces UK launch at Finovate EU
by Chris Dawson

Kabbage Brings Data-Focused Online Merchant Lending To The UK
by Leena Rao

Social Money Transfer Service Azimo Adds Facebook Integration To Squeeze Western Union
by Steve O'Hear

Now you can use Facebook for international currency transfers
By Justin Harper

The Next Web
Cardlytics' transaction-linked ads for bank statements to get Facebook integration, as EU launch nears
by Paul Sawers

Open Bank Project aims to bring financial transparency to organizations with an API and Web 2.0
by Paul Sawers

P2P FX platform CurrencyFair announces $500m of transactions so far,
and vies fo $1bn in 2013 alone
By Paul Sawers

SumUp demos its latest mobile-payments tech for Europe: Order a coffee simply by saying your name
by Paul Sawers

BBVA triunfa con Stockbuzz, una app que analiza el IBEX35 en Twitter
by Miriam Castellanos

Azimo claims first with Facebook funds transfer service
By Travolution

Kabbage brings its quick fix loans to UK merchants
by Christina Farr

Thanks to everyone who came and helped make this year's FinovateEurope the biggest yet.
We will continue to add to this list throughout the next few weeks as new coverage is published. If we are missing press coverage or if you would like to add to the list, please contact with the link.

FinovateEurope 2013 Best of Show Winners

Our third FinovateEurope wrapped up a few hours ago. At the end of each of the two jam-packed days, the London audience voted for their favorite three demos. The top eight overall were named Best of Show (see notes).

The winners (in alphabetic order):

  • Credit-Agricole for its app store where it is wooing outside developers
  • ETRONIKA for its BANKTRON e-channel management platform
  • mBank with Efigence for their Facebook & social platform 
  • Meniga for its PFM platform, including "buy" vs "not buy" feature
  • Moven (Movenbank) for the worldwide launch of its mobile-optimized bank
  • Pockets United for its group purchasing mobile solution
  • SumUp for its mobile point-of-sale system
  • Virtual Piggy for its kids' payment system with parental controls

We'll have videos of all 64 demos posted at within a few weeks.

Congratulations to the presenters for our first Finovate with zero demo fails (sure their where a few glitches here and there). And thanks to everyone who attended, tweeted, networked, blogged, and set up an enormous number of post-show meetings. You are pushing fintech forward, and consumers everywhere will benefit.


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 eight 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.

This post is a part of our live coverage of FinovateEurope 2013.

Wrapping up FinovateEurope 2013, Virtual Piggy demonstrated how kids can use its online payment platform to safely make online purchases:

"Virtual Piggy is the first e-commerce solution that enables kids to manage and spend money within a parent-controlled environment. 

The technology delivers online security platforms designed for the under-18 age group in the global online market, and also enables online businesses the ability to function in a manner consistent with the Children's Online Privacy Protection Act (COPPA) and similar international children's privacy laws. Virtual Piggy enables the U-18 audience to play, transact and socialize in a secure online environment guided by parental permission, oversight and control."

Product Launch: March 2012

HQ: Hermosa Beach, CA, USA
Founded: February 2008
Metrics: Public Company (OTC:VPIG)
Twitter: @followpiggy

Presenting Dr. Jo Webber (CEO & Founder) and Pradeep Ittycheria (CTO & Co-Founder)

This post is a part of our live coverage of FinovateEurope 2013.

Next, Finantix showcased Banking Assistant:

"Banking Assistant is a smart banker in your pocket. It runs on mobile phones and tablets, and can understand commands and questions in natural language, written or spoken.

The app allows a bank's customer to access intelligent information, launch transactions and receive useful advice in the most intuitive and effective way.

Banks can easily integrate the underlying engine in their existing apps and systems.
Banking Assistant is part of Finantix Sharp, a multi-channel platform for digital banking that introduces a fresh and engaging approach to customer interactions."

Product Launch: February, 2013

HQ: Venice, Italy
Founded: January 1994
Twitter: @finantix

Presenting Alessandro Tonchia (Founder & Director)

This post is a part of our live coverage of FinovateEurope 2013.

mBank_&_Efigence.jpgComing to the stage now is mBank & Efigence implementing a full "Bank 3.0" makeover that combines social media and "real-time customer gratification:

"mBank is the 1st established European bank to undergo a comprehensive, mass-scale, Bank 3.0" revolution of its direct channels including modern UI/UX of transactional banking, PFM, video banking, transactional/real time marketing, social channels, gamification and mobile banking."

Product Launched: June 2013

HQ Location: Lodz, Warsaw, Poland
Company Founded: mBank - 2000; Efigence - 1999
Metrics: mBank - 5,600 full-time employees; 3.5 million retail and SME customers; Efigence - 120 employees
Twitter: @mBankpl / @Efigence

Presenting Michał Panowicz (Managing Director, "New mBank" Project) and Bartek Wyszyński (Partner & SVP Strategy, Efigence)

This post is a part of our live coverage of FinovateEurope 2013.

Then, ITSector (Sistemas de Informação) 
launched SmartBank TV:

"SmartBank TV is a product that offers financial services based on the Google TV platform. It is intended to use the global widespread of sales in smart TVs. 

The solution offers a channel for bank customers to access financial services from their TV. The solution offers a different way to receive notifications from their financial provider on the TV, and to access financial services, such as account balance, movements, credit cards and services payments from the TV. It provides a new sales channel for the financial institution with easy process of sale."

Product Launched: February 2013

HQ: Porto, Portugal with offices in Lisbon (Portugal), Luanda (Angola) and Maputo (Mozambique)
Founded: April 2005
Metrics: €9M in 2012 revenues, 200 employees in 2012

Presenting João Lima Pinto (Director) and Ricardo Osorio (Senior Software Developer)

This post is a part of our live coverage of FinovateEurope 2013.

Then, Metaforic showcased its security technology that protects mobile apps from unauthorized code changes:

"We have a product that protects mobile applications from unauthorized changes and subversion of the existing code. In effect, by using our solution, the financial institution has control over what the application does if it is compromised. It can quit, display a message, send a silent security alert to bank servers or any other behavior the developer cares to define. 

Critically, for financial institutions that have a lot of mobile developments underway, it can be integrated with existing developments at the end of the software development lifecycle, and it is an automatic process not requiring significant developer time or security expertise."

Product Launch: FinovateEurope 2013

HQ: Glasgow, Scotland
Founded: 2006
Metrics: Metaforic is a 35-person company that has raised over $12M, primarily from VC groups such as SEP, Pentech and the Scottish Government.
Twitter: @MetaforicLtd

Presenting Douglas Kinloch (VP Business Development) and Ewan Dennis (Sr. Engineer)

This post is a part of our live coverage of FinovateEurope 2013.

Representatives of Mistral Mobile are on their way to the stage now. The company will be demoing their Money Mobility Suite:

"Money Mobility Suite is the focal point of building a comprehensive mobile front-end for any financial service.

Suite integrates to any financial services 
mistral_250x94.jpgsystem such as core banking systems, payment processing systems, or a stored value account system and provides fully secure communication between the system and the Money Mobility applications in the handsets.

Suite provides fast time to market to deliver mobilization for various types of financial services. Most importantly, it provides remote management and configuration capabilities for all the applications through a single configuration management center and enables the financial service provider to instantly add or change features available for the users of the different financial services products."

Product Launched: February 2013

HQ Location: New York, NY, USA
Company Founded: June 2012
Twitter: @MistralMobile

Presenting Peter Ollikainen (SVP Product Marketing) and Timo Tervo (CTO)

This post is a part of our live coverage of FinovateEurope 2013.

Starting off our final session here on Day Two of FinovateEurope is ayondo. Ayondo is bringing social trading to a new level of usability, social interaction and guidance from top traders.

Thumbnail image for ayondoLogo.jpg
"The best traders. Now on your account. The idea is temptingly simple: Why should we make trades ourselves if we can get the best day traders on our accounts automatically?

Doing away with fees such as issue surcharges, transaction costs, and management and deposit commission? Build your own portfolio of top traders and change them as often as you like - for free."

Product Launched: January 2012

HQ Location: Frankfurt am Main, Germany
Company Founded: 2008
Metrics: 12 employees; 3.2 million raised to date
Twitter: @ayondo_uk

Presenting Manuel Heyden (CEO & Founder) and Alexander Surminski (CMO)

This post is a part of our live coverage of FinovateEurope 2013.

Then, Kalypton debuted its Tereon payment system:

"Tereon was developed for, and proven at scale by, an African bank. 

Tereon is a complete payment ecosystem that can use EMV, operate a closed loop, or support interoperability. It provides flexible instruction processing, and can use existing core systems and settlement processes, for a secure, end-to-end, business process.

It provides payment service providers with a powerful toolkit for rapid innovation to create stream-of-payment services.

All Tereon services meet stringent standards for regulatory compliance and security. We will demonstrate a four-party deployment, supporting payments from phone to phone, phone to card terminal, card to terminal and online."

Product Launch: February 2013

HQ: London, UK
Founded: 2006
Metrics: Self-funded to date. Still small with <10 staff

Presenting Lars Davies (CEO) and Alun Thomas (Head of Business Development)

This post is a part of our live coverage of FinovateEurope 2013.

Afterwards, eyeOpen launched its Digital Mortgage Advisor:

"eyeOpen launches world's first digital mortgage advisor. In an age when banks and insurers strive for consumers' trust, digital leadership and true customer centricity are the weapons of this service. 

The personal advice algorithms are 'the crème de la crème' of personal mortgage advice. eyeOpen offers its service as a SaaS-solution to banks, insurers and advisor companies in Europe and the United States. The benefit: extreme cost reductions, smarter targeting and incredible NPS-improvements."

Product Launch: February 11, 2013

HQ: Amsterdam, The Netherlands & San Francisco, CA, USA
Founded: December 24, 2009
Metrics: eyeOpen raised €10M funding to scale up its European activities. The company serves the European markets from its Amsterdam office with 35 employees. eyeOpen serves the U.S. market from its San Francisco office. The website is the Netherlands' leading independent financial portal serving over 1M customers last year. On the B2B side the company licenses its technology platforms on digital advise, ratings, reviews and budgeting apps.

Presenting Diederick van Thiel (CEO) and Rosali Waleson (CCO)

This post is a part of our live coverage of FinovateEurope 2013.

Acuity_Systems_hi-res.jpgNext up is Acuity Systems with their demonstration of TraitWareID:

"TraitWareID simplifies and secures access to protected websites and applications by employing the user's mobile device as a login token, eliminating the use of inconvenient and problematic usernames and passwords.

TraitWareID does this with patent-pending technology, which begins with user authentication, then binds the user's identity to their device. TraitWareID utilizes digital identity mapping to analyze the user-created content of the authentication device.

Adding the patent-pending, user friendly, PhotoAuth image-based activation method to TraitWareID will enhance the security and user experience for transactions of all types on an end user's device."

Product Launched: October 2012

HQ Location: Visalia, California, USA
Company Founded: July 2008
Metrics: $3.5 million raised to date; two full-time employees; pre-revenue
Twitter: @TraitWareID

Presenting Harlan Hutson (President) and Chris Canfield (Lead Project Engineer)

This post is a part of our live coverage of FinovateEurope 2013.

Biletu_lo_res_logo.jpgWith a new way to organize events and share expenses with friends, Biletu is the next company to take the stage here at FinovateEurope:

"Biletu is an all-in-one, state-of-the-art app to join together events, chat, gamification, mobile payments, and social networks in a simple way. Biletu is a new, simple way to allow users to connect and for companies to engage innovatively with targeted users."

Product Launched: April 2012

HQ Location: Tallinn, Estonia
Company Founded: January 2012
Metrics: $120,000 USD; 2 employees
Twitter: @biletu

Presenting Felipe Millan (Founder)

This post is a part of our live coverage of FinovateEurope 2013.

five_degrees_new_logo.jpgFive Degrees is on its way to the stage right now. The company will be introducing Matrix, its banking services hub:

"Watch a fully-automated model bank with unparalleled self-service (on-boarding) that gives both customer and bank imminent insight and control in the process. Through the web-based, mid-office portal we offer the enormous potential of business benefits in terms of efficiency in adapting new businesses processes on the go.

As the market demands today, our open services hub integrates with external services like KYC checks, passport validation, PFM, etc. Come and view the fast and instant response for the next banking generation: rapid deployment, rich customer experience, instant and transparent insight for banks and clients alike."

Product Launched: Q2 2013

HQ Location: Breukelen, Netherlands
Company Founded: July 2009
Metrics: 2012 Revenue: 3.3 million euros; 40 full-time employees; 5 million euros in capital raised

Presenting Martijn Hohmann (CEO) and Bjorn Holmthorsson (CTO)

This post is a part of our live coverage of FinovateEurope 2013.

quantconnect_logo.jpgNext to the stage is QuantConnect with its stock market simulator and backtesting solution:

"QuantConnect gives engineers free access to a stock market backtester with high-resolution data for designing trading algorithms. Engineers can design strategies and have them distributed to working capital.'

'We are demonstrating our cloud-powered backtester, capable of simulating years of stock data in minutes. Users can design strategies in C# IDE, compile them online, and run them across 14 years of tick data (up to 8 TB data)."

Product Launched: February 2013

HQ Location: New York, NY, USA, and Santiago, Chile
Company Founded: August 2011
Metrics: Raised $60,000; 3 employees; more than 500 beta-testing engineers/users
Twitter: @quantconnect

Presenting Jared Broad (Co-Founder) and Shai Rosen (Co-Founder)

This post is a part of our live coverage of FinovateEurope 2013.

akamai.jpgRepresentatives from Akamai Technologies are making their way to the stage in our first presentation after the noon break:

"Akamai is a leading cloud platform for helping enterprises provide secure, high-performing user experiences on any device, platform, anywhere.

At the core of the company's solutions is the Akamai Intelligent Platform, providing extensive reach, coupled with unmatched reliability, security, visibility, and expertise.

Akamai removes the complexities of connecting the increasingly mobile world, supporting 24/7 consumer demand, and enabling enterprises to securely leverage the cloud."

Product Launched: February 2012

HQ Location: Cambridge, MA, USA
Company Founded: August 1998
Metrics: 2011 annual revenue: $1.1 billion; 2,800 employees; Akamai has deployed the most pervasive, highly-distributed cloud optimization platform with 119,000 servers in 80 countries within more than 1,100 networks.
Twitter: @akamai

Presenting Rich Bolstridge (Chief Strategist, Financial Services) and Nick Coleman (Senior Solutions Manager)

This post is a part of our live coverage of FinovateEurope 2013.

Our last presenter before the noon break is Financial Simplicity:

"Financial Simplicity offers a highly efficient capability to manage large numbers of individually tailored investment portfolios (in the thousands or tens of thousands). It will ensure that clients can offer highly customized propositions to their customers, while maintaining a high degree of centralized control over access, data, and business work flows.

Using systematically programmed processing and advanced algorithmic engines, Financial Simplicity negates the need for many time-intensive workflows and workarounds to manage data effectively. Financial Simplicity's innovations have enhanced significantly the efficiency with which relevant portfolios can be delivered to investors."

Product Launched: February 2013

HQ Location: Sydney, NSW Australia
Company Founded: 2003
Metrics: 20 employees and advisors in Australia, the U.S., Canada, and the UK
Twitter: @FinSimplicity

Presenting Stuart Holdsworth (CEO)

This post is a part of our live coverage of FinovateEurope 2013.

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ERN took the stage next to launch Looop, a platform that uses big data technology to leverage transactional data to send customers targeted offers:

"Looop is a unique, big data technology platform that brings together card payment and merchant data in real time to create value from every single transaction.

It provides transactional payment data analytics, insights, integrated and intelligent mCoupons, eReceipts and campaign management and tracking. All delivered through a smart phone app and cloud-based solution, to ensure rapid and secure global deployment across multiple jurisdictions."

Product Launch: February 2013

HQ: London, UK
Founded: August 2011
Metrics: Funded by private high net worth individuals from the sector. 12 employees.
Twitter: @ernltd

Presenting Dan Brassington (CEO), Andrew Rush (Head of Global Sales), and Anant Patel (Head of UK Sales)

This post is a part of our live coverage of FinovateEurope 2013.

Bringing gamification to the field of regulatory and compliance training is our next presenter, True Office:

"By playing the True Office / Thomson Reuters Anti-Money Laundering desktop and mobile app, financial services employees are exposed to the regulatory risks they confront and learn how to comply with anti-money 
True_Office_hi-res.jpglaundering laws and company policies.

The data generated from this app provides financial services institutions with compliance analytics that help identify and reduce instances of AML risk."

Product Launched: February 2013

HQ Location: New York, NY, USA
Company Founded: January 2010
Metrics: 20 employees; 30+ financial services compliance apps currently in production; winner of the 2012 Fintech Innovation Lab; seven-figure product development and distribution partnership with Thomson Reuters Accelus, extending its coverage to over 1,400 banks globally.
Twitter: @trueoffice

Presenting Adam Sodowick (Founder & CEO) and Andrew Neblett (Managing Director, Compliance, Audit & Risk, Thomson Reuters)

This post is a part of our live coverage of FinovateEurope 2013.

Next, Holvi demonstrated how users can take advantage of its partner ecosystem:

"Holvi connects retail customers and providers of banking and payments products in a seamless ecosystem. Holvi partners have created current accounts, among other uses, for election candidates to run their campaigns (Kokoomus, largest political party in Finland), entrepreneurship education (local chapter of Junior Achievement), and crowdfunding for cultural projects ( 

Holvi online banking service is easy to tailor for specific verticals, by partners or the customers themselves. For providers of banking and payments products Holvi offers access to the long tail of retail customers."

Product Launch: September 2012

HQ: Helsinki, Finland
Founded: 2011
Twitter: @Holvi

Presenting Kristoffer Lawson (Co-Founder)

This post is a part of our live coverage of FinovateEurope 2013.

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Afterwards, Luminous launched its loan origination solution:

"BankFiling loan origination solution enables financial institutions to increase lending to business banking customers, while reducing risk."

Product Launch: February 2013

HQ: Johannesburg, South Africa
Founded: 2009
Metrics: Luminous was the first to release a ground breaking solution to deliver in-depth, financial management reports for both the banks and their customers.
Twitter: @luminousbanking

Presenting Andrew Teversham (CTO) and Andrew Buchanan (Global Head of Sales)

This post is a part of our live coverage of FinovateEurope 2013.

VoiceTrust is coming to the stage right now. The company will be demonstrating its biometric security/identification solution:
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"inTalk provides a simple, convenient and effective solution to the call center authentication problem by recognizing the customer's voice and using voiceprint biometrics. inTalk passively listens to the person speaking, compares the speaker's voice to the customer's voiceprint, and provides identity feedback to the agent.

This is all done in the background during a normal, uninterrupted conversation in any language. A green light is displayed when the customer is recognized and a red light alerts the agent when inTalk detects the presence of an imposter."

Product Launched: TBD

HQ Location: Montreal, Quebec, Canada
Company Founded: April 2008
Metrics: VoiceTrust eServices Canada Inc., formerly Perceive Solutions Inc., was acquired in December 2011 by VoiceTrust
Twitter: @voicetrust

Presenting Roanne Levitt (VP, VoiceTrust Canada) and Hermann Geupel (Managing Director, VoiceTrust Germany)

This post is a part of our live coverage of FinovateEurope 2013.

EZBOB is on its way to the stage now. The company provides real-time financing for e-commerce businesses in the U.K.:

"EZBOB uses a range of online data sources to analyze e-commerce businesses instantly.

In less than 10 minutes, the system will:
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  • Guide the seller through a simple, secure, quick, and seamless online application process
  • Assess the seller's eligibility using our proprietary internal credit scoring system
  • Verify seller's historical operating performance and assess seller's ability to service debt
  • Verify seller's identity to prevent fraud
  • Provide a customized financing proposal
  • Immediate transfer of funds'
EZBOB offers a customized financing proposal which is:

  • unsecured (personal or director guarantee)
  • short-term (3-6 months)
  • up to £45,000 per seller
  • cost of 2-7% per month
  • clear repayment schedule without early repayment penalties
  • no hidden fees and no covenants on seller's business"
Product Launched: September 2012

HQ Location: London, United Kingdom
Company Founded: November 2011
Twitter: @ez_bob

Presenting Sharone Perlstein (Director & Co-Founder) and Tomer Guriel (Director & Co-Founder)

This post is a part of our live coverage of FinovateEurope 2013.

Next to take the stage is Croatia-based PhotoPay:

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"PhotoPay and PDFpay are greatly improving 
the paper and electronic bill payment experience on mobile devices. PhotoPay uses a phone camera to extract payment data from paper bills and payment slips.   PDFpay is used to extract payment data from bills and offers received electronically (in PDF, HTML, or other electronic format), allowing very simple payment without manual data entry.

Our unique smartphone technology recognizes payment slips in real-time and intelligently extracts payment data in a few seconds from paper or electronic bills. And users love it - it is much simpler and up to 10 times faster than typing payment data."

Product Launched: February 2012

HQ Location: Zagreb, Croatia
Company Founded: June 2011
Metrics: Our first bank customer has seen a 2,000% increase in mobile bill payments after implementation
Twitter: @photopay

Presenting Damir Sabol (Founder and CEO) and Jurica Cerovec (CTO)

CurrencyFair Unveils New Mobile App

This post is a part of our live coverage of FinovateEurope 2013.

CurrencyFairLogo.jpgAfter a short break, CurrencyFair is here to start off the second session of the morning here at FinovateEurope:

"With CurrencyFair's new mobile app, it's easy to make exchanges on the go, at the exact moment you choose. There will be a host of new features, such as the ability to set a rate alert when, for example, the rate available on CurrencyFair is better than the current market mid (interbank) rate."

Product Launched: March 2013

HQ Location: Dublin, Ireland
Company Founded: April 2009
Metrics: £2 million equity funding raised; more than 15,000 registered users; more than £1 million exchanged daily on average; more than £300 million transacted to date
Twitter: @currencyfair

Presenting Brett Meyers (Managing Director) and Jonathan Potter (Director)

This post is a part of our live coverage of FinovateEurope 2013.

Thumbnail image for MenigaLogo.jpgWrapping up the first session this morning, Meniga demonstrated its platform that helps users make smart purchasing decisions:

"To buy or Not to buy is a white-label module for mobile banking applications, that uses PFM functionality to empower and influence consumers at the point of sale or when considering buying something. 

It allows users to check if they can afford what they are about to purchase or see how much closer to their savings goals they would get if they save the money and use it to feed their goal instead.

One unique aspect of this innovation is allowing users to leverage their social networks and direct messages to crowd-source the decision and instantly collect feedback before making the purchase. This fun and simple feature uses gamification to engage users and their network of friends."

Product Launch: December 2009

HQ: Stockholm, Sweden
Founded: 2009
Metrics: $1.3M raised, 35 employees, cash-flow positive. European market leaders in white-label PFM solutions for retail banks with 10 implementations and with retail banks in Sweden, Norway, Finland, Germany, Poland, S. Africa, Russia and Iceland.
Twitter: @meniga

Presenting Georg Ludviksson (CEO & Co-Founder) and Einar Gustafsson (VP Product Management)

Thumbnail image for GMC_logo.jpgThis post is a part of our live coverage of FinovateEurope 2013.

As we near the end of the first session on Wednesday morning, representatives from GMC Software Technology are coming to the stage:

"GMC Inspire Dynamic Statement is an interactive and engaging way to present your customers' statements, online or offline. Instead of the standard tabular statements, GMC Inspire can generate thousands of dynamic statements in minutes, presenting your customers' data though attractive charts and graphs that are fully clickable.

Areas that require attention and action can be highlighted and customers can even drill down to granular level detail providing a fully intuitive service. GMC Inspire also allows you to track usage of every statement and use this data to populate relevant offers and marketing messages for every customer."

Product Launched: March 28, 2013

HQ Location: Appenzell, Switzerland
Company Founded: 1994
Twitter: @gmc_net

Presenting Didier Rouillard (VP Product Marketing) and Tomáš Sedláček (Product Manager)

This post is a part of our live coverage of FinovateEurope 2013.

Next, IND Group demonstrated how it is reshaping PFM:

"By placing the customers at the center, we have reshaped the traditional idea of PFM to meet the end-users' everyday needs. 

Instead of functions and features we have developed stories that are real life situations, emerging in different stages of our lives and having financial impact, such as "Expecting a baby", "Prepare for a rainy day", "Buy a home", "How to spend less" or "Retirement planning." This entirely new approach in digital financial customer service takes online banking and financial management to the next level, offering mass retail financial planning and advice."

Product Launch: 2013

HQ: Munich, Germany
Founded: 1997
Metrics: €12M in revenue in 2011. Staff of around 240 people, 7 offices, several partners and subcontractors around the world. 35 retail banks and financial institutions as clients.
Twitter: @indgroup

Presenting József Nyíri (Founder & Chief Innovator) and Tamás Braun (General Manager, IND Group UK)

This post is a part of our live coverage of FinovateEurope 2013.

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Dynamics came up to the stage next, launching their ePlate device to enable consumers to build a better rewards card, in the UK:

Dynamics' intelligent powered payment cards include a fully card-programmable magnetic stripe that can be re-written with each transaction to reduce fraud. Using Dynamics' backend system, users can select from a list of rewards, to tailor their own experience.

Product Launch: February 2013

HQ: Pittsburgh, PA, USA
Founded: September 2007
Twitter: @DynamicsTweet

Presenting Jeff Mullen (CEO) 

This post is a part of our live coverage of FinovateEurope 2013.

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Then, The Currency Cloud demonstrated how its XBP Connect API makes international payments easier:

"We will be showcasing the power of integrated international payments for businesses. Accounting solutions are ubiquitous in business, yet the break in the workflow when having to make international payments to suppliers is inefficient, time consuming and prone to operational risk. 

Using The Currency Cloud's XBP Connect API, the first truly effective applications that enable international payments to be managed directly from Sage and are being launched at FinovateEurope 2013. The applications enable a business to initiate and manage their international payments just as they would their payments to domestic suppliers - directly from their ledger. Paying international suppliers becomes significantly easier and lower in cost and the business accounting function drastically more productive."

Product Launch: August 2012

HQ: London, UK
Founded: March 2011
Metrics: $7.12M Series A in 2012 from 3 VCs: Notion Capital, Atlas Venture and Anthemis Group. Revenues for 2012 = $1.3M. 26 people. 100 customers/partners that enable over 250,000 corporates and consumers to benefit from our capabilities. Satellite office in Malta in Joint Venture with The Demajo Group.
Twitter: @currency_cloud

Presenting Michael Laven (CEO) and Nasir Zubairi (Director, Product Marketing)

This post is a part of our live coverage of FinovateEurope 2013.

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Afterwards, Dashlane showed how its new features can make online payments frictionless:

"Dashlane will demo its core technology: a cross-platform (desktop and mobile) consumer application that enables keyboard-less transactions on any site - no integration required. 

In addition to being the 'point of payment choice' for our users, Dashlane offers financial services and ecommerce partners a privileged seat by the user during all their online transactions. We're developing many new features to make online transactions incredibly easy and frictionless for our users."

Product Launch: April 2012

HQ: New York, NY, USA
Founded: December 2009
Metrics: Dashlane is an NYC and Paris-based startup with 30 employees, founded in 2009. Our app launched publicly in April 2012, and is available on Mac, PC, iOS, and Android. Our users (currently in the six figures) have used Dashlane on over 250,000 websites and spent over $30M online and on mobile devices using Dashlane. We raised a $5M Series A in 2011 from Rho Ventures, FirstMark Capital & Bernard Liautaud (Founder, Business Objects & Co-Founder, Dashlane).
Twitter: @dashlane

Presenting Emmanuel Schalit (CEO) and Nishant Mani (VP Partnerships & Marketing)

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This post is a part of our live coverage of FinovateEurope 2013.

Third to the stage, Fiserv showed how its Mobiliti Master Wallet gives users control of their mobile experience:

"Mobiliti from Fiserv is the world's most deployed mobile banking and payments platform. The Mobiliti Master Wallet enables consumers to choose which mobile payment wallets they wish to participate in and how. It retains the financial institution and its mobile banking app at the centre of the user experience for cloud-based and NFC mobile payments."

Product Launch: 2013

HQ: Brookfield, WI, USA
Founded: 1984
Metrics: $4.34B revenue, 20,000 employees, 16,000 financial institutions as customers

Presenting Jonathan Atkinson (Sales Consultant, Digital Channels) and Fiona Murray (Sales Executive, Digital Channels)

This post is a part of our live coverage of FinovateEurope 2013.

Second up, TESOBE took the stage with its Open Bank Project (OBP) API:

"The world's first Singing Bank! ( demonstrates three principles of the OBP API:

1) It encourages innovation (niche markets, interfaces, languages. etc.)
2) It supports public views on transaction data whilst preserving sensitive information
3) It results in lower barriers to entry, better security and lower cost

The OBP Transparency/Social Finance application is for organisations that want to practice wider transparency and/or generate a real time dialogue around their finances.
The OBP App Store allows vendors to showcase and consumers to find and rank apps.
The OBP Virtual Machine allows CTO's to easily evaluate our technology."

Product Launch: May 2012

HQ: Berlin, Germany
Founded: 2005
Twitter: @tesobe

Presenting Simon Redfern (CEO & Founder) and Ismail Chaib (Project Manager)

This post is a part of our live coverage of FinovateEurope 2013.

Starting off day two here at FinovateEurope is Xendpay. The COO and CEO are coming to the stage right now:


"Xendpay itself is very new. However, we will be demonstrating a new service: a cash-to-cash mobile international payment. The user will send a money transfer without a payment card or bank account using just their mobile phone from a corner shop.

Previously to do this kind of payment, the person would have to visit a Western Union (or similar) agent.

Xendpay can also send a conventional card-to-bank payment, as well."

Product Launched: August 2012

HQ Location: London, UK
Company Founded: July 2012
Metrics: 6 employees; more than 20,000 registered users; average money transfer is £700; money sent to more than 80 countries
Twitter: @xendpay

Presenting Jake Holloway (COO) and Rajesh Agrawal (CEO & Chairman)

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