“Kofax is demonstrating how its new Mobile Capture Platform can help customers automate the process of checking balances on their retail gift cards. The demonstration shows how retailers can enable virtually any smartphone or tablet to hover over a card, detect it, automatically identify the vendor, and immediately display the available balance.The solution makes gaining access to gift card information more convenient for gift card issuers. It also gives vendors a cost effective tool that helps them deliver better service and faster transactions to increase customer satisfaction.”
Year: 2014
TextPower Debuts TextKey to Provide Mobile, Omni-Factor Authentication

This post is part of our live coverage of FinovateSpring 2014.
Mobile security is the specialty of our next presenter, TextPower, unveiling TextKey mobile authentication technology.
“TextKey is the next-generation authentication system that turns common SMS-based authentication models upside down. TextKey users see a one-time key on a webpage and must text that key FROM their cell phone into the TextKey system. TextKey then verifies the mobile number that sent the key along with up to five other verification factors.When the correct key comes from the correct cell phone number and the other factors are verified, access is granted. If the key is sent by a cell phone that is not registered to send it (i.e., a hacker) or any of the other five factors are not verified, authentication is refused and the hacker’s cell phone number captured. TextKey is simple to install, affordable for any size business, and has no learning curve for users (“just text it”).”
Digital Insight Previews its Promotion Suite for Mobile

This post is part of our live coverage of FinovateSpring 2014.
With a goal of helping financial institutions provide more relevant, more personalized cross-sell offers to their customers, here is Digital Insight with their Promotion Suite for Mobile.
Digital Insight is demoing Promotion Suite for Mobile, an enhancement to Digital Insight’s current Promotion Suite that brings highly personalized, relevant, cross-sell offers from financial institutions to their customers.The new Promotion Suite for mobile extends financial institutions’ ability to create, manage, distribute, and measure targeted cross-sell campaigns that reach the right customers online or on their mobile device with the right products at the moment of truth. Extending Promotion Suite to the mobile channel greatly improves offer relevancy to deliver targeted offers anywhere, anytime, and on any device.
Realty Mogul Debuts its Crowdfunding Tool for Real Estate Investing

This post is part of our live coverage of FinovateSpring 2014.
Our next presenter is real estate crowdfunding innovator, Realty Mogul.
“Realty Mogul is crowdfunding for real estate, the world’s largest online marketplace for real estate lending. Investors are empowered by investor dashboards that standardize and streamline real estate investments across different real estate companies, countless geographies, real estate property types and the entire real estate capital stock. These dashboards allow investors 24/7 access to watch how their real estate investments are generating passive income for them.”
Vorstack Launches VFS for Coordinated Cyber Defense

“Vorstack’s VFS solution for financial services is a distributed analytics and correlation platform for multi-party coordinated cyber defense. We provide the control and auditability necessary to satisfy strict domestic and international privacy, anonymity, and compliance requirements.Our solution natively operates across emerging threat-sharing standards like STIX/TAXII to enable organizations to leverage public-private partnerships and ISACS to promote intelligence sharing. Vorstack’s solution provides a configurable channel for human intelligence collaboration complementing real-time data intelligence analysis.”
Loop’s Mobile Wallet Solution Provides Secure Card Storage and Pay Everywhere Functionality
This post is part of our live coverage of FinovateSpring 2014.
Making its way to the stage right now is Loop, demoing its LoopWallet, Loop AppCessories, and Magnetic Secure Transmission (MST) technology.
“Today, consumers’ wallets are stuffed with payment, gift, loyalty, membership, IDs, insurance cards and more. The LoopWallet app allows consumers to securely scan, store, and organize all their cards and use them to pay with their Loop-enabled smartphone or smart accessories nearly everywhere credit cards are accepted.”
Roostify’s Technology Aims to Disrupt the Mortgage Application Process

“Roostify offers a web and mobile service designed to enhance home financing, making it easier for buyers and lenders to navigate the frustrating and time-consuming process to apply for and close a mortgage.Developed by technology, real estate, and mortgage banking experts, Roostify’s secure interface allows borrowers to easily apply for a mortgage and all parties involved to share and track information, documents, and transactions seamlessly – leading to a faster and smoother mortgage closing.”
IntelliResponse Leverages its Virtual Agent Technology to Build a Better Offer

This post is part of our live coverage of FinovateSpring 2014.
Our next presenter is the team from IntelliResponse with a pair of solutions based around its virtual-agent technology: VOICES and OFFERS.
“VOICES is the first and only Voice-of-the-Customer technology designed to help enterprises visualize and derive actionable insight from customer questions posed on digital channels. VOICES captures and automates authentic Voice-of-the-Customer data from client interactions across web, mobile, agent, and social channels and transforms it into a collection of customer insights.OFFERS turbocharges the online offers approach by increasing the precision and relevance of targeted offers, resulting in increased conversion in orders of magnitude not possible with traditional approaches. When a customer asks a question via our virtual agent, in addition to getting the one right answer, the customer also receives the one right offer.”
LendingTree Debuts New LoanExplorer-Powered Mobile App

This post is part of our live coverage of FinovateSpring 2014.
Making their way to the Finovate stage now is the team from LendingTree. The company has facilitated more than 30 million loan request and $214 billion in closed-loan transactions.
“LendingTree’s new mobile app empowers consumers to find the best deal on a home loan. Through LendingTree’s Loan Explorer platform, which tracks real-time loan offers, the mobile app analyzes a user’s current loan offer and compares it to real-time offers being made by lenders on the LendingTree network based on available interest rates, fees, charges, and monthly payments.The easy-to-use app allows users to submit data found in the Good Faith Estimate (GFE) of a consumer’s current loan offer. The tool then analyzes the interest rate, origination fees, and monthly payments to identify possible areas for improvement. Using interactive charts, consumers can see where and how their current offer might be improved and receive negotiating tips for getting a better deal. Additionally, the app displays several real-time offers from lenders that may be able to provide a better deal, compete with contact details and customer ratings and reviews.”
Motif Investing Unveils its Advisor Platform to Streamline Portfolio Building, Monitoring, and Rebalancing
This post is part of our live coverage of FinovateSpring 2014.
“Motif Investing is debuting a new, groundbreaking platform for investment advisors that will transform the way they conduct business and interact with clients. The Motif Advisor Platform dramatically streamlines how advisors build, monitor, and rebalance model portfolios around various asset classes so they can provide the highest level of service to clients. They will also have the ability to share market insights and portfolio updates with their clients through user-friendly social technology.”
Presenting: Hardeep Walia (CEO & Co-Founder) and Ramak Fazeli (Manager, Advisor Svcs & Sales)
EyeVerify Brings Eye Vein Biometrics to the Mobile Consumer Market

This post is part of our live coverage of FinvoateSpring 2014.
Our next presenter is biometric authentication specialist, EyeVerify.
“EyeVerify is the exclusive provider of Eyeprint Verification, a highly accurate and secure biometric for mobile devices. Eyeprint Verification delivers a password-free mobile experience and secure authentication at a glance. This patented solution uses existing cameras on smartphones to image and pattern match the blood vessels in the whites of the eye.”
Finovate Alumni News– April 29, 2014
FinovateSpring 2014 starts today! Be sure to follow our Live Blog here at Finovate.com, as well as our Live Twitter feed #Finovate.
- Financial Guard introduces enhanced fee transparency tool.
- ACI Worldwide to offer its ACI UP Token Manager as Saas for debit issuers.
- US Bancorp is the first large bank to provide Fiserv’s Popmoney Instant Payments. See Fiserv demo at FinovateSpring.