Internet Biometric Security Systems Launches Genesis Enterprise Edition

IBSSLogo2.jpg

Closing out the first session, Internet Biometric Security Systems (IBSS) launched the Genesis Enterprise Edition of its biometric security technology:

“IBSS is launching its Genesis Enterprise Edition, representing an advanced, affordable, real-time human identification technology for online financial service transactions. 

  • Factor 1: Real- time legal identification of end-user personal information. 
  • Factor 2: Coupled real-time biometric facial authentication.
  • Factor 3: Coupled real-time speaker authentication. 
  • Factor 4: Coupled real-time session biometric monitoring of each online financial transaction event, supported with a scalable biometrically authenticated timeline audit log record. 

IBSS’s technology is a full perimeter online access security solution that provides superior end-user identification of the actual banking customer, as well as the actual online financial services representative used in the collaborative sharing of confidential financial information through a common group shared database. IBSS’s superior identification improves bank security for both online consumer transaction activity identification, and equally promotes a higher degree of consumer trust of online bank employee identification integrity by using the same biometric identification standards used by their own customers.”

Product Launched: September 2012
HQ Location: Las Vegas, NV
Company Founded: May 2005
Metrics: 35 Employees, offices in Las Vegas, San Diego, Austin, Houston, Dallas, and Mountain View
Website: ibssllc.com
Finovate demo videofinovate.com/fall12vid/ (demo video will be posted next week)
Introducing David Ackerman (President) and Grady Mangum (Senior Technical Officer), and Iva Miladinovic

IMG_0079.JPG
IMG_0081.jpg

LearnVest Launches Certified Financial Planner and Mobile App

Thumbnail image for LearnVest.jpg

LearnVest introduced its certified financial planner feature and mobile app: 
“LearnVest is uniting the Money Center with our unique financial planning platform. We believe that financial plans should be dynamic guides that are central to your everyday decision-making. 
There are two key additions: First, premium members can now share a view of their Money Center with their LearnVest planner. This allows the planner seamless access to their clients’ most current financial profiles. Second, LearnVest is introducing a Priorities feature that allows members to set goals (such as debt repayment) and track their progress against them.”
Product Launched: July 2011
HQ Location: New York, NY
Company Founded: Fall 2009
Metrics: $25M raised, 50 employees
Website: learnvest.com
Twitter: @LearnVest
Finovate demo videofinovate.com/fall12vid/ (demo video will be posted next week)
Introducing Alexa von Tobel (Founder & CEO) and Annie Shapiro (Product & Strategy Associate)

IMG_0077.JPG

IMG_0078.JPG

Ideon’s Choice FS Allows Users to Create Their Own Savings Solutions

IdeonChoiceLogo.jpgThen, Ideon showed how its new solution can help users choose the investment opportunity that’s right for them:

“The CHOICE direct-to-consumer model that is currently in development allows users to create their own savings and/or investment solutions from the convenience of any channel and device by selecting the term, guaranteed minimum rate, liquidity and source of additional potential return, all with the security of FDIC insurance, in a completely transparent, clear and honest manner.
The search for income in a low yield environment creates unwanted risk for many consumers. With CHOICE, that problem is removed. Furthermore, in an improved rate environment, CHOICE is able to offer consumers significantly higher returns than they can obtain through traditional players.”
Product Launched: Expected 2Q 2013
HQ Location: New York, NY
Company Founded: December 2011
Website: choicefs.com
Twitter: @CHOICEFS
Finovate demo videofinovate.com/fall12vid/ (demo video will be posted next week)
Introducing Daniel Smith (CEO) and Inigo San Martin (Head of U.S. Operations & Product Development)
IMG_0074.JPG
IMG_0075.JPG

BSCG Launches Business Hub for Small Businesses

Thumbnail image for BCSGLogo2.jpg

Next, BCSG launched Business Hub for small businesses:
“Business Hub is a cloud-based package that incorporates the most important tools a small business owner needs. For $25 per month, small businesses get access to online accounting software, a website builder, a business planning tool, a legal document creator and online training.
Business Hub is delivered via a fully customizable online platform, allowing business owners to manage key functions in one place with a single username and password. The exact suite of applications can be customized for each bank.”
Product Launched: September 2012 (U.S. launch)
HQ Location: London, UK
Company Founded: April 2008
Metrics: 80+ full time employees supporting 150,000 small businesses worldwide
Website: bcsg.com
Twitter: @JohnDavis_BCSG
Finovate demo videofinovate.com/fall12vid/ (demo video will be posted next week).
Introducing John Davis (Managing Director) and Kyle Herndon (SVP Business Development)
IMG_0071.JPG
IMG_0072.JPG

ShopKeep POS’ Solution Enables Merchants to Run a Store from an iPad

ShopkeepPOSLogo.jpg

Afterwards, ShopKeep POS demonstrated its mobile tablet-based POS:

“The simplest way to make smarter business decisions, ShopKeep POS is the affordable and complete cloud-based point of sale platform for running a store from an iPad. 

Backed by the industry’s best customer care, the ShopKeep POS iPad app rings sales, processes credit cards and mobile payments, prints and emails receipts, and prints orders remotely to the kitchen. Merchants can manage inventory and a customer database and view ClearInsight Reports from any web browser. Plus, they can access real-time sales remotely via a smartphone to make important business decisions even when they are not in the store.”

Product Launched: August 2011
HQ Location: New York, NY
Company Founded: 2008
Metrics: $4M raised to date, 35 employees, over 2,000 users, processing more than $480M in transactions annually
Website: shopkeep.com
Twitter: @ShopKeep
Finovate demo videofinovate.com/fall12vid/ (demo video will be posted next week)
Introducing Jason Richelson (Founder & CEO) and David Olk (COO/ Co-Founder)
IMG_0068.JPG
IMG_0069.JPG

Segmint Launches One Button SegmintEngage Solution

Thumbnail image for Thumbnail image for SegmintLogo9.11.jpg

Next, Segmint demonstrated how its One Button can help FIs create online campaigns in less than a minute:

“Segmint’s new and highly-advanced SegmintEngage feature allows FIs to create online campaigns in less than a minute – targeting the offer, creating a banner and assigning website zones – through a completely automated feature of the application. This “One Button” application empowers FI marketers to deliver campaigns without engaging multiple support partners within their organization, ultimately saving time and resources.”

Product Launched: September 2012
HQ Location: Akron, OH
Company Founded: 2007
Metrics: Privately-held company with 35 employees
Website: segmint.com
Twitter: @Segmint
Finovate demo videofinovate.com/fall12vid/ (demo video will be posted next week)
Introducing Rob Heiser (President & CEO) and Nate Shahan (VP, Product Development)
IMG_0066.JPG
IMG_0067.JPG

C.K. Mack Uses Rental Real Estate to Give You a Higher ROI

CKMackLogo2.jpg

Next, C.K. Mack demonstrated how its platform can provide investment returns using rental real estate:

“C.K. Mack brings the returns generated by rental real estate to the online investing market. With the beta launch of our investment platform, accredited and institutional investors will be able to sign up, log in, and invest as little as $25 in the cash flow of rented property. This opportunity will be open to all investors as soon as we have SEC approval. 

Our website offers investors several high-equity properties, along with due diligence information so investors can balance anticipated return on investment with a comfortable risk level. C.K. Mack’s new web platform opens the historically-popular field of real estate to a broad audience, allowing unprecedented diversification and stellar returns.”

Product Launched: September 2012
HQ Location: Billings, MT
Company Founded: July 2012
Websiteckmack.com
Twitter: @_CKMack
Finovate demo videofinovate.com/fall12vid/ (demo video will be posted next week)
Introducing Linda Schicktanz (Founder & CEO) and Marcus Zoeller (Co-Founder & CTO)
IMG_0063.JPG
IMG_0061.JPG
Disclosure: I am related to the founder of this company.

PreCash Launches Flip, a Mobile Check Deposit App for the Underbanked

PreCashLogo.jpg

Second on stage, PreCash launched Flip:
“Flip is the first app offering immediate mobile check deposit (IMCD) and free bill pay transactions to underbanked consumers. 
IMCD is a significant convenience for those who currently cash checks at check cashing stores. Current mobile check deposit solutions take up to three days, or require the user to have a bank account. For people living paycheck-to-paycheck, that wait is simply too long. With Flip, consumers can deposit checks into a prepaid account and access their money immediately. There is no bank account required and no need to take time away from work or family to go to a check-cashing store. Combine that with free bill payment transactions, and Flip is the first viable mobile solution for consumers who need or choose bank alternatives.”
Product Launched: September 2012
HQ Location: Houston, TX
Company Founded: 1998
Metrics: With $71M in revenue in 2011, PreCash serves more than 3M consumers and processes nearly $3B dollars in payments annually. With a workforce of about 200 in offices in Houston and Portland, OR, PreCash is a leader in payments services and transaction processing
Website: precash.com
Twitter: @PreCash
Finovate demo videofinovate.com/fall12vid/ (demo video will be posted next week)
Introducing Blair Jeffery (SVP, Sales & Business Development) and Alex Vertiz (VP, Product Strategy & Marketing)
IMG_0057.JPG
IMG_0056.JPG

Truaxis Helps FIs Market to their Most Profitable Customers

TruaxisLogo9.11.jpg

First up to the stage, Truaxis (formerly BillShrink and recently acquired by MasterCard) launched a solution to help FIs market to their most profitable customers: 

“Truaxis understands that big data is a profitability gold mine for banks if properly gathered, interpreted and acted upon. With its Profitability Analytics module, StatementRewards will use transaction and banking data to inform banks what their most profitable customers look like and help banks create sophisticated cross-sell campaigns to capture more of their customers’ financial accounts.”

Product Launched: September 2012
HQ Location: Redwood City, CA
Company Founded: June 2007
Metrics: Truaxis currently has 26 employees and has raised $9M in funding
Website: truaxis.com
Twitter: @truaxis
Finovate demo videofinovate.com/fall12vid/ (demo video will be posted next week)
Introducing Samir Kothari (Co-Founder & VP of Product) and Carlo Cardilli (SVP of Sales & Business Development)
IMG_0047.JPG
IMG_0049.JPG

Finovate Alumni News– September 10, 2012

  • Thumbnail image for Thumbnail image for Thumbnail image for Finovate-F-Logo.jpgSimpleTuition acquires textbook marketplace ValoreBooks to help college students save
  • Virtual Piggy partners with skateboard brand, GoldCoast. Come see Virtual Piggy’s live demo at FinovateFall.
  • Acculynk wins Lion’s Den competition at the ATPS Latinoamerica in Miami.
  • Planwise gives a sneak peek demo of platform upgrades.
  • The Sydney Morning Herald reports UBank wins 2012 Financial Review Smart Investor Blue Ribbon Award for its variable home loan. Come see UBank at FinovateAsia in Singapore.
  • Digital Trends looks at how (Bank)Simple is jumping through regulatory hoops.
  • NY Times suggests FamZoo to help children & parents manage allowance.
  • Millennial Vision and Cachet Financial Solutions partner to remarket mobile remote deposit solution. Come check out Cachet Financial at FinovateFall this week in New York.
  • Huff Post reports: Andera CEO Charlie Kroll Builds Business To ‘Help Small Banks Compete Against The Big Guys’.
  • TechCrunch interviews BillGuard CEO Yaron Samid.
  • TechCrunch reports: Doxo Uses QR Codes To Bridge The Gap Between Paper Bills And Mobile Payments.
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.

FinovateFall 2012 Launches Wednesday

     image

Right now, people from all over the world are on their way to Manhattan for the sixth annual Finovate, which again will be the biggest ever (see presenter map below). We never expected it would grow to 1,000+ in attendance, and we are truly thankful to all!

imageOur very own Julie Schicktanz will be live blogging the event beginning Wed. at 9am EDT on our Finovate blog. And I’ll try to keep up the tradition of tweeting each development as it happens from our Twitter page. And hundreds in the crowd will join in using the #finovate hashtag.

Of course, there’s nothing like actually being there to take it all in live, and talk to the founders and senior execs from the 64 companies pushing the envelope in fintech. Registration is open for two more days here.

And for those of you that can’t make it, we’ll have all the demos posted at our website later this month in the Finovate archives

See you in New York, and thanks again for your support.

——————————

Map of Finovate presenters (click to enlarge)

image

FinovateFall Kicks Off Wednesday, September 12

Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for FF12IMG.jpg

Everything is coming together as we put the final touches on FinovateFall, which launches Wednesday, September 12 in Manhattan. Don’t miss your opportunity to see cutting edge fintech and network with attendees from around the globe. Registration is open for two more days here.

Live blog
We’ll be live-blogging each launch and development as companies demo new fintech from the legendary Finovate stage. We’ll also be tweeting from our Twitter page along with hundreds of others in the crowd. Join in the discussion by using the #finovate hashtag.

Schedule
Registration begins at 8:00 AM EDT on Wednesday and Thursday and the first demoing company takes the stage at 9:00 AM EDT on both days.

Location
We’ve stepped things up this year by moving to a bigger and better venue in the city. We’ll be at the Javits Center at 655 West 34th St. New York, NY 10001.

Presenters
We’re hosting an all-star crew of 64 companies on stage over the course of two days. There’s nothing like actually being at Finovate to take it all in live, and talk to the founders and senior execs who are pushing the envelope in fintech. Here’s what the lineup looks like:

FF12LogoCloud2.jpg

Have any questions? Check out the FAQ or contact info@finovate.com. See you in New York, and thanks again for your support.