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Alumni News-- August 4, 2014

  • Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Finovate-F-Logo.jpgOink adds payment solutions provider Merchant e-Solutions to its Channel Partner program.
  • American Banker takes a look at Credit Karma's plan to provide free, weekly credit reports to its 25+ million members.
  • Allied Payment Network announces 99.2% read success rate when processing payments via PicturePay.
  • Intuit to acquire tax filing software startup, KDK Software.
  • MorningStar's Christine Benz interviews MaxMyInterest founder, Gary Zimmerman. See MaxMyInterest at FinovateFall 2014 in New York.
  • EZBOB reports boost in client volume.
  • Wall Street & Technology talks gamification and compliance training with True Office.
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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Cheers to a new year! After ringing in 2014, we wanted take a look back at the capital raised by Finovate alumni in 2013. It was quite a year, with alums pulling in $825 million, $365 million more than in 2012 for an increase of about 80%.

2013 funding summary:
    • 62 companies raised $825 million
    • Q4 had the most capital, with a total of $294 million raised by 17 companies (more than half by Xero, which landed $150 million). 
    • October was the busiest month, with $177 million raised (mostly Xero's $150 million)
    • May was second highest with $91 million raised by 7 companies
2012 comparison
Last year Finovate alums took in almost twice as much as 2012, when 44 Finovate alums collectively raised $460 million. The chart below shows the quarter-by-quarter comparison for both years.

2013YearEndTable.jpg
Quarter 1 -- blog post
More than $155 million raised by 14 companies

January -- $57 million raised by 6 companies
February -- $56 million raised by 5 companies
March -- $42 million raised by 4 companies

Quarter 2 -- blog post
More than $205 million raised by 15 companies

June -- $81.7 million raised by 6 companies
May -- $91.5 million raised by 7 companies
April -- $32 million raised by 2 companies

Quarter 3 -- blog post
More than $171 million raised by 22 companies

July -- More than $63 million raised by 8 companies
August -- More than $26 million raised by 6 companies
September -- $82 million raised by 9 companies

Quarter 4
More than $294 million raised by 17 companies

October-- $177 raised by 6 companies
November -- More than $87 million raised by 7 companies
December -- More than $30 million raised by 6 companies


Note: Funding that companies received before they first appeared at Finovate was not counted. Questions? Comments? Email us at julie@finovate.com or david@finovate.com.

Finovate-F-Logo.jpg

This quarter, both January and Feburary funding exceeded $50 million. Most of February's funding can be attributed to On Deck Capital's $42 million round.

Over three months, 15 companies raised more than $155 million, This is very similar to last year's first quarter funding* when we saw a total of 11 companies raise more than $150 million.

Here's the Q1 summary for 2013:

January -- $57 million raised by 6 companies
February -- $56 million raised by 5 companies
March -- $42 million raised by 4 companies

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*While the funding over last year has increased, so has the number of Finovate alums. We're tracking more than 100 additional companies this year compared to last year.

Note: Funding that companies received before they demonstrated at Finovate was not counted. Questions? Comments? Email us at julie@finovate.com or david@finovate.com.

Finovate Alumni News-- March 25, 2013

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  • Innovations in gamification help True Office win Computerworld Honors Program award.
  • Aiming for the enterprise: Mobile Payments Today features Corduro.
  • American Banker reports: Randolph-Brooks chooses Andera's online account opening platform.
  • The gamification revolution interviews Michelle Katics, CEO of BankersLab.
  • Kabbage takes home first place for Top B2B Innovation from PYMNTS.com.
  • Virtual Piggy taps into $10Bn Annual Market with epay Partnership.
  • eToro placed on the 2013 FinTech50 Watchlist, a shortlist of 50 companies in Europe that are redefining financial services through technology.
  • Macgasm features Tuition.io as 1 of 5 apps of the week.
  • Tradeshift features Intuit's Eric Dunn to talk about the recent partnership.
  • TechCrunch reports: Yodlee Interactive now powers financial data for 300 apps and businesses; on pace to surpass 500 in 2013.
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 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.
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)
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  • Finovate-F-Logo.jpgMarket Watch's Jennifer Openshaw reviews the ReadyForZero user experience.
  • Movenbank drops the "bank", changes name to Moven. Come see the launch of its new features at FinovateEurope February 12 and 13 in London.
  • Kabbage appoints Simon Yoo, former co-head and managing director of Citigroup's FI Group, as CFO. Come see Kabbage's live demo at FinovateEurope.
  • Lending Club opens low-interest, fixed-rate personal loan platform to Tennessee residents.
  • Fuze Network guarantees no late fees for credit card payments made before noon CST on due date.
  • True Office partners with Thomson Reuters to develop new, ramified compliance applications.
  • Affinity Solutions raises more than $6 million in equity and convertible securities.
  • InComm wins in 4 categories in seventh annual Paybefore Awards.

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.

Finovate Alumni News-- January 29, 2013

  • Thumbnail image for Finovate-F-Logo.jpgAcculynk joins EMV Migration Forum.
  • TSYS announces extension agreement with Payment Alliance International.
  • True Office scores $3 million funding round. See them demo at FinovateEurope in London!
  • GetApp compares accounting options in FreeAgent and Kashoo.
  • Taulia doubles customer base in 2012.
  • miiCard granted U.S. patent for method of establishing true online identity based on ability to access online financial accounts.
  • TIO Networks appoints Bill Burnham, founder of Inductive Capital, to Board of Directors.
  • WorkSaveLive blog features ReadyForZero.
  • PaySimple launches 3 new integrated partners.
  • PlayMoolah launches Yusheng Rush, a Chinese New Year themed mobile game.
  • IP Commerce announces latest release of Commerce Boarding, a real-time qualification and decision engine.
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.
TrueOfficeLogo.jpgWhen the regulatory and compliance training gets tough, the tough get gamified.

At least that's the approach taken by True Office, a company that specializes in gamifying the complex (and often tedious) regulatory and compliance training process for professionals working in financial institutions.

And this effort to bring a little bounce to the step of those trudging through mandatory compliance training has won the company $3 million in Series A funding.

Said True Office CEO and founder, Adam Sodowick: "A well-designed game has the power to engage employees and at the same time produce analytics that can help banks identify and reduce operational and compliance risk."

According to information released by the company late last week, True Office will use the funding to help the company expand its presence in the financial sector, as well as apply its gamification approach to other highly-regulated industries.

Participating in the funding round were Rho Ventures, the Partnership for New York City Fund, and Contour Venture Partners.

Watch True Office in action next month in London at FinovateEurope 2013.  More information about the event is available here.

  • Thumbnail image for Thumbnail image for Thumbnail image for Finovate-F-Logo.jpgThe WSJ looks at angel investing via SecondMarket.
  • BOKU announces mobile payments partnership with U.S. Cellular.
  • In 4Q 2012, peerTransfer partnered with 51 schools. Over 25% of international students in the U.S. can pay their education expenses using peerTransfer.
  • TSYS announces partnership with Priority Payment Systems.
  • Jim Offerdahl appointed as new Bazaarvoice CFO.
  • Credit Agricole is the first bank in Portugal to provide contactless cards.  See their demo at FinovateEurope in February!
  • Keynote offers free mobile testing via DeviceAnywhere.
  • American Banker reports: Iowa Bank Creates Digital Identities from Fingerprints & Photos using TASCET's Financial ICONN software.
  • VentureBeat reports BBVA pools $100 million fund to invest in fintech startups. Come see BBVA's live demo at FinovateEurope.
  • Credit.com announces "best balance transfer card" as part of Best Credit Cards in America series.
  • TrueOffice announces $3 million raised in Series A financing.  Catch their demo at FinovateEurope in February.
  • Access Development launches "Savings Across America" customer incentive product.
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.
FEU13Logo.jpg
For our first ever two day FinovateEurope conference, we've selected 64 of the most innovative companies in fintech to demo their newest technology to an audience packed full of banking executives, press, analysts, bloggers, and more.

Each company provided a sneak peek of what they'll demo next month. Below is the first installment of these teasers. We'll have more next week.

Don't miss your chance to see the live demo from each company and be a part of our FinovateEurope conference at Old Billingsgate Market Hall in London on February 12 and 13. Get your ticket here.
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AcuityTraitwareLogo.jpg
Mobile devices are rapidly taking place of credit cards and visits to the bank. How can you have confidence that the user on the other end of that high value transaction is who they say they are? TraitWareID

So why not learn more about a comprehensive authentication solution specifically configured for applications with mobile users that offers a versatile, single, integrated approach that does not require additional hardware?

Innovation type: Identity, payments, security

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Everyone knows the importance of social networks in the financial world. Millions publicly discuss their experiences with the different brands they interact with throughout the day. It also applies to the financial markets. Investors, large or small, share their views on the main market securities and how emerging news influences their trading. 

And of all the social networks, Twitter is probably the most widely used for this type of analysis. But, is there any chance to analyse the conversations about stocks and to obtain a sentiment? We will show you that is possible.

Innovation type: Online

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Biletu is the new way to organise events and share expenses between friends, family and colleagues.

Innovation type: Mobile, PFM, Rewards

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Cardlytics is a real-time marketing and analytics platform that enables over 350 banks globally to bring profitable, targeted rewards to their consumers. Cardlytics' latest innovation is an integrated Facebook app, containing a rewards summary page showing a customer their available offers. Launching in 2013, this will allow banks to have a meaningful and valuable customer conversation in social. 

Watch as we demo creating the Facebook-to-Customer relationship, preserving customer privacy through our patent-pending OPS & OMS systems. Once the link is made we will demonstrate the targeted rewards and savings earned for a customer through the Facebook interface.

Innovation type: Mobile, online, rewards

ComarchLogo.jpg
Comarch will showcase two solutions, which work together guiding customers from the interpretation of their transactions to suggestions of products and services that can really help them improve their financial standing. Comarch solutions use multiple motivation techniques to help customers achieve financial fitness through sound personal finance management.

Innovation type: Investing & asset management, mobile, PFM

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Dashlane, winner of Best of Show at FinovateFall in NYC 2012, will demo their core technology: a consumer app (desktop and mobile) that enables users to instantly checkout, login and fill forms in a flash universally on every website and every device, without the need for any site-side integration with merchants whatsoever. 

In addition to being a secure personal data management tool and the "point of payment choice" for users, Dashlane offers financial services and ecommerce partners a privileged seat next to the user during all their online transactions.

Innovation type: Payments, security

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Big Data. Pretty much the two words that are on everyone's lips, but much harder to actually put into action... until now, that is. 

ERN will show you how our unique, big data technology platform brings together card payment and merchant data in real time. Using that data and insight, we'll show you how (at last) you can intelligently target loyalty programs and marketing campaigns effectively. Better still, there's even a smartphone app to deliver your customers eReceipts and mCoupons.

We look forward to showing you how you can close the loop on payment Big Data and create value from every single transaction.

Innovation type: Mobile, payments, rewards

eyeOpenLogo.jpg
eyeOpen is launching the world's first digital mortgage advisor. The digital mortgage advisor provides consumers with best-in-class mortgage advice. It provides banks and insurance companies with a leading user interface in conversions, advice algorithms and a management information dashboard on consumer behavior.

eyeOpen tested the digital mortgage advisor in The Netherlands with leading banks such as Rabobank, ING and ABN AMRO. The company sells the consumer advice software in Europe from its Amsterdam office and in the USA from its San Francisco office. 

Innovation type: Back office, banking, marketing

EZBOBLogo.jpg
EZBOB offers real-time financing for e-commerce businesses in the UK. The company has developed a web-based lending platform which gathers data, in real-time, allowing for instant lending decisions. 

An e-commerce business is analysed based on data pulled through API connections to data sources such as Amazon, eBay and PayPal, as well as strategic partners such as Channel Grabber, EKM and others. 

EZBOB's proprietary algorithm allows the company to look beyond a traditional credit score. 

Innovation type: Banking, identity, lending, PFM, small business

FinancialSimplicityLogo.jpg
Learn how Financial Simplicity's portfolio business management infrastructure enables wealth firms to operate thousands of individually tailored investment portfolios efficiently and compliantly. 

It will reveal how portfolio management can blend new world social relevance with operational excellence. Specifically, Financial Simplicity will demonstrate:

    1. Whole of firm portfolio mandate and compliance monitoring in a single screen
    2. On-demand portfolio analysis within a socially relevant context
    3. Investor-tailored portfolio modelling at the click of a button
    4. Implement pre-compliant portfolio decision-making across a Centralised Investment Proposition in a matter of seconds
Innovation type: Investing & asset management

Thumbnail image for Thumbnail image for INDGroupLogo.jpg
Story of My Finances is an entirely new approach in digital financial customer service. It takes online banking and PFM to the next level of mass retail financial planning and advice. 

Stories are customer-driven financial life processes, such as How to spend less, Prepare for a rainy day, Buy a home or Retirement planning. Stories help end-customers to get financially fit and to have a peace of mind. Stories are the missing link between everyday people and financial products. 

We believe that we can improve people's financial life by licensing our white-label technology to financial institutions.

Innovation type: Online, PFM, sales

ITSectorLogo.jpg
You're seated comfortably watching TV, and suddenly you're notified that a bank deposit was made into your account. Good news! Simply click, and you can see the details.

The Home Shopping Network presents the set of cooking pans that you have had your eye on for ages. With the press of a button, the pans are on their way to your house!

Innovation type: Marketing, online, sales

KalixaHiLogo2.jpg
Kalixa believes that today, payments simply don't meet the real needs of consumers and businesses. For businesses payments are expensive, fragmented and leave them exposed. 

Ed Chandler, CEO of Kalixa, will showcase how next-generation technology that underpins a total payment journey can transform payments from a source of cost, complexity and confusion into a sustainable competitive advantage that stimulates innovation and fuels business growth.

Innovation type: Cards, payments

KantoxLogo.jpg
We truly believe that the financial industry needs a radical rethink and that innovative financial services offering fair prices, transparency and creating no systemic risk are more important than ever.

Based on these conclusions, we developed an alternative to traditional FX products and services offered by banks and brokers. Kantox is a marketplace where companies can look for and find others companies - their counterparties - to exchange foreign currencies spot and forward without the intermediation of banks.

Innovation type: Payments

Thumbnail image for LuminousLogo.jpg
Luminous' BankFiling loan origination solution enables financial institutions to increase lending to banking customers, while reducing risk.

Innovation type: Banking, lending, small business

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mBank & Efigence present the first European comprehensive Bank 3.0 revolution in a large bank with a full financial product portfolio. 

mBank, an online bank, has successfully leveraged the internet to organically become the third largest in Poland. Now, it's re-inventing itself by bridging startup-grade innovation on a mass scale. It will implement a wave of next-gen services: transactional banking, transactional/real-time marketing, PFM, social, gamification, video banking, mobility and more. 

It will show its innovative transactional site and the first European implementation of transactional marketing, highlighting a creative take on Facebook, social platforms and real-time consumer gratification.

Innovation type: Banking, online, rewards

MovenbankLogo.jpg
Movenbank will be the first consumer banking experience centered around mobile and enabling a consumer's everyday financial wellness. We combine mobile banking, mobile payments, and real time financial health and spending insight to help customers spend, save and live smarter. 

Consumers pay with their mobile phones and receive insight on their spending behaviors at the point of sale when it matters most. When was the last time your checking account did that?

Innovation type: Banking, payments, PFM

NICELogo2.jpg
Your customers want a mobile service that is as smart as their device. Are you delivering? When customers use your mobile service, they often require assistance beyond self-service to resolve their needs. Having them realize they now need to call your contact center and start from scratch with the IVR causes disappointment and frustration. 

NICE Mobile Reach complements mobile self-service to bridge it with assisted-service channels. It lets companies intelligently engage their mobile customers, seamlessly connect them to the right representative with full context transfer, and then powerfully collaborate with them during the interaction. That's smart customer service that creates value!

Innovation type: Communications, mobile, sales

TESOBELogo.jpg
The Open Bank Project (OBP) is an open source-powered API for banks that enables account holders to access their transaction data using a wider range of applications and services. 

The OBP API supports transparency options (enabling account holders to share configurable views of their transaction data with trusted individuals and even the public), data blurring (to preserve sensitive information) and data enrichment (enabling users to add tags, comments and images to transactions). The OBP App Store enables banks and developers to showcase supported apps.

Innovation type: Back office, communications

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The new, highly volatile market order that's been prevailing for the last few years is raising the pressure on you to come up with asset allocations that are precisely fitted to your clients' profile. Clients increasingly challenge the proposed investment strategies' ability generate performance while preserving wealth. 

The BlackSwan Financial Platform lets you engage your clients in an interactive analysis of their risk. Explore investment options together with your clients and guide them through an informed process in selecting the most optimal asset allocation for their profile using clever quantitative finance algorithms.

Innovation type: Investing & asset management

TemenosLogo.jpg
EdgeConnect is the industry's most dynamic user experience platform (UXP). EdgeConnect provides a single, consistent platform that enables superior user experiences to be delivered across multiple distribution channels, for any product, any user, in any language and optimised for each device.

A major new editor within edgeConnect, LiveDesigner, is a game-changer in application design. It allows designers to change the look and feel, layout and behaviour while an application is executing, so that they can make changes and see the effects on dynamic application pages prior to live deployment.

Innovation type: Mobile, online, sales

Thumbnail image for TheCurrencyCloudLogo.jpg
The Currency Cloud transforms the way businesses make international payments.
 
We inject cost savings, transparency and productivity enhancements into the payment process to deliver a service businesses deserve. Our platform connects to a host of exchange rate providers and payment networks to optimise the conversion, sending and receiving of international payments. 

Businesses access our service directly online, through our API, or via the multitude of firms such as banks, brokers, remittance agents, IFAs, and accounting solutions providers that extend our capabilities through their own services.

We will be showcasing the power of integrated international payments within treasury solutions.

Innovation type: Back office, payments

Thumbnail image for Thumbnail image for TrueOfficeLogo.jpg
Could the banks have avoided over $1 billion in fines for anti money laundering violations with this True Office game?

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 laundering laws and company policies. 

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

Innovation type: Mobile, security

TSYSLogo.jpg
TSYS Spend Controls puts control over card usage into the hands of the business owner or program administrator. It provides businesses a means to implement upfront transaction controls to ensure cardholder compliance with purchasing guidelines. 

Administrators manage parameters using a simple Web-based user interface, establishing guidelines according to business, department or individual needs. Each transaction is reviewed at the point of sale based on the pre-established parameters.

Innovation type: Banking, cards, marketing

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

We deliver online security platforms designed for the Under 18 age group in the global online market, and also enable 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.

Innovation type: Payments, PFM

VoiceTrustLogo.jpg
VoiceTrust inTalk increases customer convenience, reduces call times, and provides enhanced security at financial institutions' call centers. It does this by verifying a customer's identity through passive listening to the conversation between the agent and the customer. 

Independent of the language spoken or the words uttered, inTalk is able to compare the speaker's voice against the account holder's voiceprint and indicate whether the speaker is the account holder or an imposter. The agent is alerted with a graphical indicator on their monitor.

Innovation type: Identity, sales, security

YseopLogo.jpg
Yseop will present several intelligent text-generating financial solutions. We will demo a prep-to-meeting report written in two seconds, an automatically generated two-page financial executive summary based on the latest market data and a personalized retirement planning application. 

Yseop is artificial intelligence that writes (and speaks) non-repetitive intelligent text, just like a human being, but at a speed of thousands of pages per second. Yseop analyzes a company's business data, dialogs intelligently with its customers to understand their goals and then generates written comments and recommendations following the best practices of the company's top experts.

Innovation type: Communications, sales, marketing

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