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FinovateEurope 2013 in the Press

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

AllFacebook
Money-Transfer Service Azimo Integrates with Facebook
By David Cohen

American Banker
PressIMG.jpg
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

Bankier.pl
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

BankNXT
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

Datamonitor 
Finantix takes mobile banking to the next level

Ebests.com
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

Finextra
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

FX-mm
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

PandoDaily
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
by EUGENIUSZ TWARÓG

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

Tamebay
Ezbob to expand to the US
By Chris Dawson

Kabbage announces UK launch at Finovate EU
by Chris Dawson

TechCrunch
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

Telegraph
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

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

Travolution
Azimo claims first with Facebook funds transfer service
By Travolution

VentureBeat
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 julie@finovate.com 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 Finovate.com 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.

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.
Website: meniga.com
Twitter: @meniga

Presenting Georg Ludviksson (CEO & Co-Founder) and Einar Gustafsson (VP Product Management)
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FinovateEurope 2013 Sneak Peek: Part 3

FEU13Logo.jpg
With just a few weeks to go before FinovateEurope, here's the third and final part of our Sneak Peek preview of the companies demoing in London (click here for part 1, here for part 2).

There still time to get your ticket and be a part of the conference in London on February 12 & 13 at Old Billingsgate Market Hall. For more information or to register, visit our FinovateEurope page here.

Each presenting company supplied a few teasers about the innovations they will be showcasing at the event.

___________________________________________________________________________


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In a unique demonstration, Akamai will command agents and attack servers across the Internet to launch attacks commonly directed at financial services sites (including SQL injection, slow HTTP post, and DDoS attacks) at a pair of live demonstration banking sites on the public Internet. One site in the clear, and one protected by Kona Site Defender.

The demonstration will show how these attacks can compromise an unprotected site, and how Kona Site Defender is able to detect and mitigate these attacks automatically, live, in real-time. The demonstration will feature innovative adaptive rate control and real-time Web security monitoring security technologies.

Innovation type: Security

BirdbackLoLogo.jpg

Birdback

A lot is happening on the front-end of payments: Mobile POS, mobile wallets, NFC payments ... The back-end of payments, however, remains untouched. A card transaction is nothing more than a money transfer.  Meanwhile, developers dread the prospect of having to develop native applications for each of these new, front-end payment platforms.

So why not an API that sits at the very heart of the transaction network, on top of the most widespread means of payment: the payment card? What if one could link applications to payment cards, essentially turning what's already in consumers' pockets into a loyalty card, a discount voucher or a means of sending them digital receipts?

Innovation type: Rewards, cards, back office

Device Ident

device_ident_logo.jpg
Device Ident will showcase its new solution to prevent online fraud in real time. Our product identifies and evaluates any device interacting with our customers' online services, and analyzes history and behavior of the visiting device to prevent fraud and misuse for all our customers.

It is easily integrated into our customers' online services and it fully complies with European privacy laws.

Innovation type: Security, identity

Five Degrees

five_degrees_logo.jpg
Watch a fully automated model bank with an unparalleled level of self-service giving both customer and bank imminent insight and control in the process.

Through our Web-based, mid-office portal, Five Degrees offers the potential of enormous business benefits in terms of efficiency in adapting new business processes on the go. As today's market demands, our open services hub integrates with external services like KYC checks, Passport Validation, and PFM.

Come and view the fast and instant response for the next banking generation: rapid deployment, rich customer experience, instant and transparent insight for bank and client alike.

Innovation type: Back office, banking, communications, sales

FreeAgent

Thumbnail image for FreeAgent_logo.jpg
FreeAgent is the UK's market leader in SME cloud accounting software. The FreeAgent platform's capabilities extend far beyond traditional accounting software, and are developing toward performance and health measurement tools, providing vital information for both the businesses themselves and current or prospective lenders.

We will demonstrate how cloud accounting and the associated data creation, aggregation and interpretation functions can provide financial institutions with real-time insights into the underlying fundamentals and risk trends existing within a single business or across a base of clients.

Innovation type: Back office, lending, small business

GMC_logo.jpg


GMC Inspire Dynamic Statement is an interactive and engaging way to present your customers' statements, online or offline.

Instead of the standard online statements, GMC Inspire can generate thousands of dynamic statements in minutes, presenting your customers' data through 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.

Innovation type: Mobile, PFM

Meniga

Thumbnail image for MenigaLogo.jpg
"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 be if they saved the money and used it to feed their goal instead.

One unique aspect of this innovation is allowing the 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.

Innovation type: Mobile, online, PFM, rewards

PhotoPay_logo.jpg


PhotoPay provides the easiest and fastest way to pay paper and PDF bills using mobile devices.

Paying bills on a mobile phone is often difficult. Manual data entry is cumbersome and frustrating for smartphone users. PhotoPay has developed an advanced technology that significantly improves the mobile bill payment experience for both paper and electronic bills.

Banks and payment providers love PhotoPay because it can dramatically improve user experience and increase bill payments transactions. Our first bank customer has seen a 2,000% increase in mobile bill payments after implementing PhotoPay.

Innovation type: Payments, cards

  • Thumbnail image for Thumbnail image for Thumbnail image for Finovate-F-Logo.jpgCNBC covers how SecondMarket is looking to move from trading Facebook to Pinterest.
  • TechCrunch reports Boku launched billing partnership with Sprint, giving it partnerships with all 4 major U.S. carriers.
  • Meniga's PFM solution powers Sweden's first Smartbank, launched by Skandia.
  • SecureKey adds 40 staff in past six months, reaches business and recognition milestones.
  • Lendio sees nearly 500% increase in matching businesses with small business loans.
  • Check Point launches free ZoneAlarm anti-virus/firewall combo.
  • Forbes features article by Mike Alfred, CEO of BrightScope, discussing the differing opinions he, Personal Capital and FutureAdvisor have on the role of financial advisors.
  • Fiserv to offer global ACH payments through partnership with Earthport.
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.
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  • SimpleTuition's PayBackSmarter.com now used by over 40 colleges & universities.
  • Meniga's PFM goes live within Skandibanken's online bank in Norway.
  • Mobile Enterprise Strategies interviews Kony's VP of Mobile Strategies, Sam Lakkundi.
  • Super Sprowtz to implement Virtual Piggy's child-safe e-commerce tool.
  • Swipely launches Main Street Marketing Manager.
  • Seeking Alpha passes 1 million members, doubles its size in less than 2 years.
  • ThreatMetrix lands $18 million in Series D funding.
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.

Meniga Takes its PFM to Australia

Thumbnail image for MenigaLogo.jpg

Personal finance software provider Meniga announced yesterday that it partnered with Rubik, a company that builds software for banks, to bring its PFM to Australia:

"Both of them are offering a hosted option as well as a classic, enterprise play with on premise, white-label PFM, Rubik and Meniga will account for the needs of all sizes of Financial Institutions..."

The partnership is built on Meniga's PFM solution and leverages Rubik's relationships with Australian-area financial institutions.

To learn more about Meniga, watch its FinovateEurope 2012 demo.

  • Thumbnail image for Thumbnail image for Thumbnail image for Finovate-F-Logo.jpgeMudhra partners with Monitise to help launch mobile payments service.
  • Credit Karma profiles SaveUp. Come see SaveUp at FinovateSpring in May.
  • David Stone, CashStar CEO, named business leader of the year.
  • VentureBeat explores PayPal Here's packaging.
  • ChargeSmart blog looks at what's behind Dynamics smart cards.
  • AcceptEmail and PostNL enter into a strategic partnership.
  • Meniga takes its PFM to Australia.
  • Lighter Capital makes borrowing even easier by launching Design-A-Loan.
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.
Thumbnail image for BOSBadge.jpg

We recently looked back at Finovate's Best of Show Awards archives and wanted to share the list of the 41 award-winning companies.

Here's the Best of Show history that stretches back to 2007, the inception of Finovate:


Finovate2007.jpg

Held October 2, 2007


Mint: Online PFM for individuals

Mortgagebot's Mortgage Marvel: Mortgage marketplace

Prosper: P2P lending network


FinovateStartup.jpg

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

Zecco: Online stock and options trading

Zopa: P2P lending network


Finovate2008.jpg

Held October 14, 2008

CheckFree: Online banking platform 

Credit Karma: Provides a free and easy way for consumers to understand, monitor and monetize their credit profile

Mint: Online PFM for individuals

Neosaej's MoneyAisle: Platform where banks compete in live auctions for an individual consumer's business 


FinovateStartup091.jpg

Held April 28, 2009


BillShrink (now Truaxis): Provides a free cost-savings tool that saves consumers money on everyday bills

Prosper: P2P lending platform

Silver Tail Systems: Predictive analytics to prevent fraud abuse

SimpliFi: A web service that allows anyone to create and update their own financial plan


Finovate2009.jpg

Held September 29, 2009


BancVue's Kasasa: national checking/ savings account brand for community financial institutions

Credit.com: Provides free interactive tools, education, and unbiased comparisons of quality financial products and services

Digital Insight from Intuit: Provides on-demand banking services to help financial institutions serve clients

Silver Tail Systems: Provides online fraud detection platform 

Yodlee: Provides personalized financial solutions to financial institutions


FinovateSpring2010.jpg


Held May 11, 2010

Bobber Interactive: Money management platform for youth

Expensify: Online and mobile expense report platform

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

Wikinvest: A platform for investors to share trading tips


Thumbnail image for FinovateFall2010.jpg


Held October 4-5, 2010


Betterment: Investment account for savings management 

BillShrink (now Truaxis): Loyalty rewards provider

Bundle: Provides socially informed money management for individuals

Dynamics: Produces and manufactures intelligent powered cards

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

PayNearMe: Cash transaction network for the underbanked

SecureKey: Token-based authentication technology


FinovateEurope2011.jpg


Held February 1, 2011

eToro: Social investment network

Finantix: Provides sales and advice solutions for financial services 

Liqpay: Payments platform

Meniga: Online PFM for financial institutions


FinovateSpring2011.jpg


Held May 10-11, 2011

BancVue: Develops products and services for community financial institutions

BankOns: Mobile app offering consumers real-time savings at local merchants

Dwolla: Online, mobile, and social peer-to-peer payment platform

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

Mitek Systems: Provides apps for smartphones that allow users to deposit checks and pay bills via their devices' cameras

PayNearMe: Cash transaction network for the underbanked

Wikinvest: A platform for investors to share trading tips


Thumbnail image for FinovateFall2011.jpg

Held September 20-21, 2011



BillGuard: People-powered antivirus for bills

Dynamics:  produces and manufactures intelligent powered cards

eToro: Social investment network

FamZoo: Online "virtual family Bank"

FeeFighters: Platform that simplifies the process of choosing a merchant account provider

LearnVest: Online PFM for women

Offermatic: Targeted online offers provider

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

Personal Capital: Online financial advisor helping people manage their investments


Thumbnail image for FinovateEurope2012Logo.jpg

Held February 2, 2011


Cardlytics: Transaction-based rewards

Dynamics: produces and manufactures intelligent powered cards

eToro: Social investment network

Nutmeg: Online investment manager that democratizes saving and investing
Thumbnail image for Thumbnail image for Thumbnail image for Finovate-F-Logo.jpg
  • HelloWallet signs with Mercer to provide PFM tool to employees.
  • The Glass Hammer profiles Lynne Laube, President & COO of Cardlytics.
  • Desert News highlights ReadyForZero's creativity in helping consumers understand credit card debt.
  • Money Marketing looks at practical ideas from FinovateEurope, uses Meniga as example.
  • Heartland Bank selects ID Theft 911 to provide ID theft protection management, and resolution services to customers.
  • Business Centric Services Group and partners launch new training workshop to empower businesses to market online.
  • Tradeshift introduces CloudScan to simplify invoicing.
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 2012 in the Press

Here's a look at press coverage from FinovateEurope on Tuesday:

ABA Banking Journal
Innovative payment startups, 2012 Edition

ArcticStartup
ETRONIKA Creates Kinect-Based Security For Online Banking
by Greg Anderson

Backbase Blog
FinovateEurope 2012: a brief review 
by Jelmer de Jong

BankInnovationLogo.jpg
Bank Innovation
7 New Services Launched at FinovateEurope 2012
by Mary Wisniewski

Banking Technology 
Finovate Europe packs in the punters

Blick Log 
Finanzinnovationen von der Finovate
by MNOCKERL 

bobsguide
Finovate Europe points way to the future
by Neil Ainger

Celent
Another take on Finovate
by Gareth Lodge

FinovateEurope 2012: More Payments and Mobile, Less PFM
by Zilvinas Bareisis

Innovative Payments Startups, 2012 Edition
by Zilvinas Bareisis

Commercial Integrator
Etronika Unveils Improved Microsoft Kinect-Based Online Banking
by Rachel Cericola

Finance 2.0
Finovate 2012: Der erste Eindruck
by Boris Janek

Financial Services Club Blog
The best of innovation in finance: #Finovate Europe 2012
by Chris Skinner

Finextra
Live at Finovate
by Pat Carroll

Finovate
AcceptEmail's Service Creates an Electronic Bill that Can Be Paid by Mobile

Actiance's Socialite Engage Helps Advisors Manage Social Media

Aimia and Cardlytics Help Merchants Track Offers and Revenue

Backbase Improves Bank 2.0 Portal Manager

Business Centric Services Group Launches CreditHQ

Brokertainment's StockBattle Lets Users Engage in Social Betting on Stocks

CurrencyFair Launches QuickTrade Feature

Dynamics Shows Off Smart Credit Card

eToro Introduces Guru Finder, Launches iPad App

ETRONIKA Revolutionizes How Users Interact with their Online Bank

Fenergo's Deal Manager Helps with Client On-Boarding and Account Opening

Figlo Makes Financial Planning Accessible on Any Device

FinovateEurope 2012 Live Twitter Transcript

Finsphere's Solutions Keep Online Banking Secure

Fiserv Introduces Mobiliti M-Cash

Handpoint Launches Secure Payment Solution for Tablets and Smartphones

Holvi Unveils Group Account Technology

IND Group's Banking-Front Office Gamifies Personal Finance

InvestorBee From DCisions Helps Users Make Sound Investment Decisions

Ixaris Demonstrates Customizable Card Program in a Box

Kabbage's ScoreKard Gives Online Merchants a Dashboard of Health

Liqpay's Zip.liqpay.com Allows for Easy Online Payments

Luup's Wallet System Facilitates the Internal Authorization Process

Meniga Upgrades PFM to Align with How People Think About their Money

miiCard Launches Open Beta of a Digital Passport for Online Identification

Mootwin Enables Users to Better Manage Mobile Apps

Nutmeg Offers a Tailored Investing and Saving Experience

PayPal Demonstrates Instant Account Creation

Ping Identity Shows How Financial Institutions Can Use Social Networking Logins

Sandstone Launches Mobile Banking App

Serverside's Technology Creates Viral Marketing Through Facebook

Service2Media Enables Secure Mobile Payments

Striata Launches Paperless Adoption Technology

Tradeshift's Instant Payments Gives Businesses a Faster Way to Receive Cash from Invoices

VALid from ValidSoft Uses Voice Authentication

Wipro Brings Customer Acquisition to the Tablet

ForresterLogo.jpgForrester Blogs
Finovate Europe 2012: Innovation In Digital Financial Services
by Benjamin Ensor

FSTech
Finovate Europe: best of show winners
by Scott Thompson

Hotwire PR blog
Finovate Europe 2012 - the aftermath
by Ben L

I Programmer
Kinect The Ultimate Security Device
by Harry Fairhead

Inside Brunei fm
ETRONIKA Brings online banking to Gesture Control, But Why?
by Roshan Jerad Perera

miiCard Blog
Impact of Financial Services in 2012, from FinovateEurope
by Cassie Anderson

A Cookie for Your Thoughts
by Cassie Anderson

Mircea Mihaescu Blog
Finovate London-- More Old News?
by Mircea Mihaescu

Money Marketing 
Ian McKenna: Technology the key to building scale
by Ian McKenna

Ian McKenna: The new wave of FS tech
by Ian McKenna

My Bank Tracker
Wave Your Arms in the Air: Etronika's Gesture-Based Banking
by Willy Staley

Nutmeg Blog
Nutmeg wins 'Best of Show' at Finovate Europe
by Aisha, Jono and Nick

OCTO Talks!
Innovation dans les services financiers: Retour sur Finovate 2012
by Joseph Glorieux 

Partners in Prepaid
Finovate 2012: New Kids on the Block
by Duygu Tavan

Payment Observer 
Trends and Innovation in Finance: FinovateEurope 2012
by Martin Schuppelius

psfk
Kinect-Powered Online Banking Logs You In With Your Face And Voice
by Emma Hutchings

Slash Gear
ETRONIKA produce Kinect-based online banking
by Chris Burns

TechCrunch Europe
Lithuanian company develops Kinect-powered online banking system
by Mike Butcher

TekFin
Financial Services and Data exhausts
by Yann

Ubergizmo
Kinect based online banking from Etronika a reality now
by Edwin Kee

Visible Banking
Cardlytics: Merchant Coupons within Online Banking [INTERVIEW]
by Christophe Langlois

Currency Fair: the P2P Marketplace to Exchange Currency on your Terms [INTERVIEW]
by Christophe Langlois

VisibleBankingLogo.jpg
Etronika: Kinect Banking at the Branch, Minority Report Style [INTERVIEW]
by Christophe Langlois

etoro: Copy Trading, Gamification and Personal Branding [INTERVIEW]
by Christophe Langlois

Finovate Europe 2012 (Photos, Videos, Crowdsourced Blog Coverage)
by Christophe Langlois 

Holvi: One Stop Shop for Groups - Crowdfunding, Budgeting, Expensing
by Christophe Langlois

iBrokr's StockBattle: the World's First P2P Option Game [INTERVIEW]
by Christophe Langlois 

IND Group: Bringing Gamification into the Online Bank [INTERVIEW]
by Christophe Langlois

Kabbage: for SMEs, More Social Media Engagement = More Cash [INTERVIEW]
by Christophe Langlois

LiqPay's Zip: a Payment Details Shortener 'bit.ly Style' [INTERVIEW]
by Christophe Langlois

Meniga's CEO: PFM Fully Integrated to Online Banking [INTERVIEW]
by Christophe Langlois

Nutmeg: Providing Private Banking Services to the Masses [INTERVIEW]
by Christophe Langlois

Ping Identity: Tapping Social Media to Customize Customer Experience in Banking
by Christophe Langlois

Serverside Group: Customize your Card Design on Facebook [INTERVIEW]
by Christophe Langlois

Vision Research Lab
Finovate-- look out for these companies
by Duygu Tavan

Finovate-- Who to look out for
by Duygu Tavan

Finovate: Hot stuff from Finland - meet Holvi
by Duygu Tavan

Zawya
Luup launches Mobile Travel Authorisation & Budget Management Service
Thumbnail image for MenigaLogo.jpg

Wrapping up the third session, Meniga demonstrated its enhanced PFM:

"Meniga is expanding its PFM Solution so that it completely merges with the traditional online/mobile bank, adding highly user-centric interfaces for several key online banking functions, such as bill-pay, alerts, and account presentation.

The interface de-emphasizes real accounts and actual balances and instead shows 'uncommitted balance' and virtual accounts that are better aligned with how people think about their money. It allows users to automate routine tasks and includes an alert framework designed to bring peace of mind by alerting users before bills go unpaid or before any account's balance becomes too low to meet commitments and forecasted expenses."

Product Launched: December 2009

HQ Location: Reykjavik, IcelandCompany
Founded: March 2009
Metrics: $1.3 million raised, 18 employees, 5 implementations with retail banks in Sweden, Norway, and Iceland
Website: meniga.com

Presenting Georg Ludviksson (CEO & Co-Founder) & Einar Gustafsson (VP of Product Management)
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As promised last week, here is our second "sneak peak" into the hot young startups and established leading companies that will demo their latest fintech innovations at the second annual FinovateEurope next February 7th in London.

As we mentioned in the first sneak peak, we asked each handpicked company to "whet your appetite" by providing a short summary in their own words of the innovation that they will be debuting on stage. We've compiled them below.

Don't miss your chance to see fast-paced demos of the newest ideas from each company and meet the execs responsible for the cutting edge of innovation in financial and banking technology. Plus get your FinovateEurope ticket before December 23rd and you'll lock in the early-bird price!
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BackbaseLogo.jpg
Backbase will be presenting major new features in its Bank 2.0 Portal Manager, focusing on the following key points:

  • Improved editor for page composition on regular browsers and mobile devices
  • Advanced segmentation and targeting for different customer groups
  • Fully integrated forms editor for enrollment and BPM
  • Advanced analytical and performance tools
Innovation type: Marketing, mobile and tablet UI, online UI


CardlyticsLogo.jpg
Aimia's unique advertising platform, powered by Cardlytics, enables banks to deliver rich, relevant rewards to their customers. The platform uses customers' unique purchasing history to deliver rewards that strengthen retention rates, increase card usage and improve customer relationships. The Cardlytics platform does all this without the need for any personally identifiable customer data.   

Critical to the success of the programme is merchant engagement. Aimia and Cardlytics will be demonstrating the portal which is used by merchants to track offers and report on revenue. The suite of merchant management tools allows merchants to deliver targeted strategies that deliver measurable results. 

Innovation type: Cards, marketing, rewards


eToroLogo.jpg
eToro provides you with immediate access to the largest investment network in the world giving you the ability to quickly find and easily build your own people-based portfolio of top performing traders. Automatically copy every trade your personal dream-team makes into your own investment account and start copying the success of the most successful traders. 

eToro reinvents the way people invest their money by propelling them into the fast growing world of social investing. Take advantage of the wisdom of the crowds and make smarter investment decisions with full transparency and control over your invested funds at any given time.

Innovation type: Investing, online UI, PFM


FenergoLogo.jpg
KYC compliance is a hot topic for financial services and Fenergo will introduce its Deal Manager application for client on-boarding, KYC compliance and account opening.

Fenergo will demonstrate how banks and financial institutions can reduce the burden and cost of KYC compliance with its straightforward application which manages all of the complex KYC data gathering and document processes and ensures full compliance with industry regulations. 

The best bit is that its Deal Manager application also supports credit processes and legal document execution, so processing new client applications has never been so straightforward. 

Innovation type: Back office, sales


FigloLogo.jpg
An onboarding tool that increases customer engagement at the same time? Figlo offers you a complete solution to gain insight in financial matters on a consumer level. Financial planning is now accessible for everyone on any device. 

Curious? Figlo's 7 minute demo will reveal the power of financial insight.

Innovation type: Mobile and tablet UI, sales


HandpointLogo.jpg
Handpoint will be demonstrating the first totally secure mobile Chip & PIN payment solution for tablets and smartphones. The solution supports all card payments; magstripe (MSR), Chip & PIN, Chip & signature and contactless NFC Payments (2012).

With Handpoint's Platform-as-a-Service acquiring, banks and MNOs can offer small/micro merchants card payments, tablets, and smartphones under their own brand name.

Innovation type: Payments, mobile and tablet UI


HolviLogo.jpg
Holvi replaces the plain old bank account with a current account built from the ground up for group activities. It helps customers collect more money, better understand their finances, and save time for their core activities. Customers include event organisers, sports clubs, and student associations and they can do all their banking with Holvi, without needing another bank account. 

Holvi is regulated as a payment services provider by the Finnish Financial Supervisory Authority (FIN-FSA), and it has the necessary banking partnerships in place to operate payment accounts for customers on a pan-European basis.

Innovation type: Banking, online UI, payments


PingIdentityLogo.jpg
Facebook logins are crucially important. Online banking logins are severely difficult to remember. Can something be done about this and still meet the highest standards of identity security? 

Ping Identity will show you how to deliver the best login experience to your prospects and customers. Don't turn them away with form filling and repetitive password requirements. Give them access to your financial networks and partners. Build trust and relationships with your customers.

Innovation type: Identity, marketing, security


MenigaLogo.jpg
Meniga is expanding its PFM solution to add a new, highly user-centric layer on top of traditional online/mobile banks. 

The interface de-emphasizes real accounts and actual balances and instead shows "uncommitted balance" and virtual accounts. It also allows users to automate routine tasks and includes an alert framework designed to bring peace of mind by alerting users before bills go unpaid or before any account's balance becomes too low to meet commitments and forecasted expenses.

Innovation type: Online UI, Payments, PFM


NutmegLogo.jpg
Investing is scary. I can invest, but I forget to buy or sell or rebalance. My financial advice has been useless. I want to be in control of my finances. I know I should be doing more with my money. 

Nutmeg knows that investing is about more than money. It's a passport to the life you want. That opportunity shouldn't be reserved just for the wealthy, or just for those in-the-know.

Nutmeg asks, what if investing were simple and beautiful? And what if everyone could do it?

Innovation type: Investing, online UI, PFM


SeversideGroupLogo.jpg
Banks around the globe have really struggled to understand how they can leverage the power of Facebook. 

Serverside has developed a new and unique way to leverage Facebook in an exciting and engaging manner that drives real brand value, loyalty and engagement from your customers.

Innovation type: Cards, marketing


StriataLogo.jpg
Going paperless saves money and improves customer service. However, most customers are not switching off paper because the registration process is inconvenient, complicated and results in having to remember another username and password and to fetch the document every month.

Striata's eConsent puts you in control of the paperless conversion process. Its clients are exceeding their paperless objectives and achieving a positive ROI in a matter of months.

Innovation type: Back office, communications, marketing


TradeshiftLogo.jpg
What would make the biggest impact on the way you manage cash flow and financing? Improved processes? Streamlined operations? Or maybe more flexibility in the way you manage payment terms with suppliers?

Things change. Shift happens. Tradeshift has already transformed invoicing, now its doing the same with supply chain finance. 

Innovation type: Back office, payments, small business
Finovate_FEU_2011_BestofShow.pngIt was a fantastic day at the first FinovateEurope as 35 banking and financial technology companies debuted their latest innovations in front of a packed house. It was the first Finovate without at least one demo blowing up, though there were a couple close calls.

At the end of the day, attendees voted for their three favorite products. The four leading vote getters were named FinovateEurope "Best of Show" (see notes on methodology). Every company that presented was named Best of Show by some portion of the audience. But the ones that ended on top today were as follows (in alphabetic order):

  • eToro launched OpenBook (CopyTrade & CopyTrader) which allows users to follow & copy trades of other users
  • Finantix introduced a suite of iPad applications for financial advisors to use in face-to-face client discussion
  • Liqpay.com showed its new "$hop app" which allows a bank's small business customers to easily set up a Facebook shop for ecommerce
  • Meniga  demoed its personal financial manager with an added gaming layer that combined humor with "social curiosity," for example, to compare spending to peers

Congratulations! And thanks to everyone who presented, sponsored, attended and followed the @finovate tweets.

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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 as the day went on. Ballots were turned in at the end of the last demo session. The exact written instructions given to attendees: "Please rate (the companies) on the basis of demo quality and potential impact of the innovation they demoed. Note: Ballots with more than three companies circled will not be counted."

Watch Demos

Click above for video archives of all demos.

 

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