DoubleNet Pay Takes the Stress Out of Managing Day-to-Day Finances

DoubleNet Pay Takes the Stress Out of Managing Day-to-Day Finances

This post is part of our live coverage of FinovateSpring 2015.

NEW-DoubleNet FINALDoubleNetPay is demonstrating how its technology helps consumers save money:

DoubleNet Pay’s easy-to-use software automatically tracks employees’ bill amounts and due dates and seamlessly schedules payments around their paycheck cycles, leaving employees with an exact amount for discretionary spending—without the headaches or guess work. It also automatically sets aside money for savings, helping employees prepare for unexpected expenses and budget for recurring needs. Plus, it takes the stress out of managing day-to-day finances and gives employees peace of mind knowing their bills are paid on time. The remaining pay will go where it has always gone before (bank account, pay card, or paper check) on time, directly from the employer.

Presenters: DoubleNet Pay Co-founders Brian Cosgray and Cody Laird

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HQ: Atlanta, Georgia
Founded: December 2013
Website: doublenetpay.com
Twitter: @doublenetpay

Prairie Cloudware Previews its Payments Gateway that Helps Banks Deliver Digital Services

Prairie Cloudware Previews its Payments Gateway that Helps Banks Deliver Digital Services

This post is part of our live coverage of FinovateSpring 2015.

FS2015_PrairieCloudware_logoPrairie Cloudware is demonstrating its Digital Payments Guardian:

Prairie Cloudware’s Digital Payments Guardian (DPG) is a powerful gateway that interconnects payment applications like mobile wallets, banks and emerging token service providers. It provides financial institutions with the ability to deliver secure, convenient, easy-to-use digital payment services to their customers through their existing digital banking channels. The DPG solution utilizes the existing payment infrastructure, leverages the trust related to payments that consumers place in financial institutions and places those institutions in direct control of the payments relationship maintained with consumers. It is a SaaS-based solution that utilizes a cloud-based infrastructure.

Presenters: Doug Parr, chief revenue officer; Mike Carter, chief marketing officer

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Product Launch: June 2015

Metrics: $5M+ raised to date
Product distribution strategy: Direct to Business (B2B), through financial institutions, licensed

HQ: Omaha, Nebraska
Founded: December 2012
Website: prairiecloudware.com
Twitter: @PrairieClouds

SizeUp Gives FIs Business Intelligence Tools to Help Reengage Customers

SizeUp Gives FIs Business Intelligence Tools to Help Reengage Customers

This post is part of our live coverage of FinovateSpring 2015.

SizeUpLogoThe team from SizeUp is launching its business intelligence platform for financial institutions.

SizeUp FI (Financial Institutions) is a new service that enables FIs to provide their customers with valuable business intelligence directly through the FI’s own website, SizeUp provides FIs:

  • Consistent reengagement with customers through “sticky” data services
  • Stronger partnerships with business customers by helping them succeed with Big Data insights they previously couldn’t afford or understand
  • Introduction to the FIs relevant products and services through SizeUp’s tools at specific decision-points of the customer’s business lifecycle
  • New value FIs can provide outside of “me too” FI business offerings
  • Multiple versions of SizeUp FI enabling the FI to provide its own custom implementation

SizeUP FI presenters: Anatalio Ubalde, CEO, co-founder; Thomas Barron, VP business development

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Product Launch: April 2015

Metrics: N.A.
Product distribution strategy: Through financial institutions, through other fintech companies and platforms, licensed

HQ: San Francisco, California
Founded: September 2011
Website: sizeup.com
Twitter: @sizeupbusiness

LendingTree Launches its Personalization Platform to Help Consumers Save

LendingTree Launches its Personalization Platform to Help Consumers Save

This post is part of our live coverage of FinovateSpring 2015.

LendingTreeLogoOur next presenter is LendingTree with its personalization platform to help consumers save.

My LendingTree is a personalization platform with a dashboard to view all credit-related accounts. Using a proprietary, intelligent savings and recommendation engine, LendingTree alerts consumers when an opportunity emerges to save money, based on real-time data on the LendingTree network.

My LendingTree presenters: Nikul Patel, CTO, CPO; Gabe Dalporto, CMO, president

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Product Launch: May 2015

Metrics: Employees: 220; Market Cap:$496.53M; stock price: $47.00 per share as of market close 2/25/15, up over 35% year-over-year; partnerships: more than 350 active lenders, including Wells Fargo, Prosper Marketplace, Lending Club, Quicken Loans, Discover, and more. To date, we’ve facilitated more than 35M loan requests and almost $300B in closed-loan transactions.
Product distribution strategy: Direct to Consumer (B2C), Direct to Business (B2B), through financial institutions, through other fintech companies and platforms, licensed.

HQ: Charlotte, North Carolina
Founded: N.A.
Website: lendingree.com
Twitter: @LendingTree

TickerTags Connects Trending Social Content to Investable Companies

TickerTags Connects Trending Social Content to Investable Companies

This post is part of our live coverage of FinovateSpring 2015.

TickerTags logo copyOur next demonstration comes courtesy of TickerTags. The company helps investors spot opportunities in the market by connecting trending themes with underlying companies and stocks:

TickerTags is a public taxonomy comprised of 250,000 keywords and phrases (tags) that are associated to 8,000 public tickers. The TickerTag library is monitored by select crowd-sourced investors who leverage their knowledge to help refine, broaden, and update tags across sector and stocks. Frequency and sentiment of tag-mentions across conventional news and social channels are historically indexed for benchmarking, comparison, charting, and alerting. The TickerTags taxonomy evolves news monitoring from view-limited tickers to social-monitored tags that serve to parse the world’s data streams without human bias.

TickerTags’ presenters: Co-founders Chris Camillo, CEO; Jordan McIain, CTO

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Product Launch: May 2015

Metrics: $2M raised; 10 employees
Product distribution strategy: Direct to Consumer (B2C), Direct to Business (B2B), through financial institutions, through other fintech companies and platforms, licensed.

HQ: Dallas, Texas
Founded: August 2013
Website: tickertags.com
Twitter: @tickertags

Hip Pocket Launches Version 2.0 of its Mortgage Comparison Platform

Hip Pocket Launches Version 2.0 of its Mortgage Comparison Platform

This post is part of our live coverage of FinovateSpring 2015.

Hip-Pocket-logo-final-8-19-2013The team from Hip Pocket demoes version 2.0 of its mortgage-comparison solution:

Our mortgage-comparison product first launched in July of 2014, and we’re releasing our second version of the software here at FinovateSpring. After collecting eight simple data points from the consumer, this unique application accesses relevant peer data as well as the financial institution’s current rates to show the consumer where she ranks compared with her peers and what to do about it. This product delivers a relevant savings analysis for the customer (something they want); more loans for the institution (something you want); and increased trust and engagement between the two parties.

Presenters: Mark Zmarzly, CEO and founder; Todd Cramer, digital experience and design

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Product Launch: Version 2.0 is debuting at FinovateSpring; V1.0 launched July 2014.

Metrics: $85,000 raised; 3 employees
Product distribution strategy: Through financial institutions, through other fintech companies and platforms, licensed

HQ: Lincoln, Nebraska
Founded: June 2013
Website: hippocket.net
Twitter: @BankMarketing

Top Image Systems Unveils its eFLOW Lending Solution to Optimize Processing for Originators

Top Image Systems Unveils its eFLOW Lending Solution to Optimize Processing for Originators

This post is part of our live coverage of FinovateSpring 2015

FS2015_TopImageSystems_logoOur next presenting company is Top Image Systems, demonstrating its innovation in loan-origination technology.

eFLOW Lending is Top Image Systems’ financial technology innovation designed to transform what is currently a very manual, time-consuming, and expensive origination process into a streamlined, automated, self-service-enabled experience with automatic “completeness checks” during the application process. With the ability to automatically capture and process any volume of documents—of any type, anywhere, at any time—eFLOW Lending optimizes loan processing, increasing accuracy and efficiency for originators. Through document classification and automated data-capture, TIS’ solution enables cost reduction and decreases mortgage-processing cycle-times while ensuring maximum security and compliance.

Presenters: Taylor Adkins, technical product management; Alayne Pregeant, senior director, global marketing

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Product launch: May 2015

Metrics: Following our IPO in the mid-90s, we recently raised $15M in a secondary offering in February 2014; 2013 annual revenue: $40M; employees: 250
Product distribution strategy: Direct to Business (B2B), through financial institutions

HQ: Tel Aviv, Israel
Founded: March 1991
Website: topimagesystems.com
Twitter: @TopImageSystems

DarcMatter Brings Transparency, Access to Alternative Investments

DarcMatter Brings Transparency, Access to Alternative Investments

This post is part of our live coverage of FinovateSpring 2015.

DarcMatterLogoDarcMatter demoes its platform that gives investors access to alternative investments in private equity, venture capital, and more.

DarcMatter is an investment platform that answers an increasing appetite for alternatives by providing visibility into an otherwise opaque marketplace. DarcMatter provides private issuers comprehensive transactional technology and distribution channels to enhance exposure to a greater number of investors. The platform also features a seamless and compliant engine to receive investments, securely store and disseminate information, and manage the flow of funds. The platform’s unique model enhances investor buying-power by lowering the buying minimums of select opportunities while considerably streamlining capital-raising logistics for private issuers.

Presenter: Founder, CEO Sang Lee; CTO Stan Solodkyy

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HQ: New York City, New York
Founded: November 2014
Website: darcmatter.com
Twitter: @DarcMatterHQ

Cardless Cash from FIS Helps Mobile Banking Customers Make Safe, Speedy ATM Withdrawals

Cardless Cash from FIS Helps Mobile Banking Customers Make Safe, Speedy ATM Withdrawals

This post is part of our live coverage of FinovateSpring 2015.

FIS LOGO WHITE GRADIENT 1.22.13FIS is up next with its Cardless Cash innovation for mobile banking:

Cardless Cash enables mobile banking users to get cash at an ATM in under ten seconds—all from the privacy of their smartphones. Cardless Cash protects customers with biometric security and eliminates skimming fraud risks associated with plastic cards. If you have your phone, you’ve got your cash. Customers experience unparalleled convenience, speed and security of access to cash using only an app.

Presenter of Cardless Cash app: SVP Doug Brown, general manager

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Product Launch: January 2015
Product distribution strategy: Direct to Business (B2B), through financial institutions, through other fintech companies and platforms

HQ: Jacksonville, Florida
Founded: January 1968
Website: fisglobal.com
Twitter: @fismobile

PayActiv’s MyMo Helps Consumers Intelligently Manage Their Finances

PayActiv’s MyMo Helps Consumers Intelligently Manage Their Finances

This post is part of our live coverage of FinovateSpring 2015.

PayActiv Logos CMYKPayActiv introduces MyMo, an app and ecosystem that help employees cover the gap between earning and spending:

PayActiv’s MyMo (My Money) app and ecosystem requires no change in existing IT or payroll process of an employer. Employees enrolled in MyMo can (1) intelligently manage their finances; (2) instantly access funds to bridge the timing gap between earning and spending; (3) deal with emergencies without taking predatory loans or having exposure to overdraft fees.

MyMo presenter: Founder and CEO Safwan Shah of PayActiv

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Product Launch: November 2014

Metrics: Money raised: $6.7M; employees: 10; revenues: early revenue has begun; multiple customers signed
Product distribution strategy: Direct to Business (B2B), through financial institutions, through other fintech companies and platforms, licensed

HQ: San Jose, California
Founded: January 2013
Website: payactiv.com
Twitter: @payactiv

Meet Vouch: The First Social Network for Credit

Meet Vouch: The First Social Network for Credit

Vouch Logo - Updated 4.14 copyThis post is part of our live coverage of FinovateSpring 2015.

And we’re off! The first demo of the day comes courtesy of Vouch, launching its “social network for credit” platform:

Friends and family members trust you with money, so Vouch does, too. Get started by visiting the Vouch website, or downloading the mobile app for iOS or Android. Borrowers apply for loans and ask friends, family, and other personal connections to “vouch” for them by answering a short survey. Vouchers are encouraged to back a portion of the loan to help further reduce the price to borrowers. “Vouches” are used alongside standard financial data to gain a more complete picture of creditworthiness, bringing down the price of loans for borrowers. The more vouches a borrower receives, the lower their rate.

Presenter: Yee Lee, CEO and co-founder

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Product Launch: March 2015

Metrics: Funding, $3M (Seed round)
Product distribution strategy: Direct to Consumer (B2C)

HQ: San Francisco, California
Founded: December 2013
Website: vouch.com

FinovateSpring 2015: Fintech Showdown in San Jose

FinovateSpring 2015: Fintech Showdown in San Jose

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Halfway through rehearsal day on Monday, we learned that the attendance for FinovateSpring 2015 was nearing the 1,400 mark. And the best news about that is that we’re still happy to save a spot for you and yours, just visit our registration page before it’s too late.

Since rehearsal day is the perfect time to make sure everything is just right when the lights go up Tuesday morning, here are a few tips and reminders to help you make the most of your Finovate experience, wherever you may be enjoying it.

Bizzabo You!

Finovate events are known for many things, and high-caliber networking is one of them. So we are again turning to the social networking app, Bizzabo, to help attendees make the most of their time at the show. Bizzabo makes it easy for attendees to reach out and network with each other before, during, and after the show. It is also a great way to learn more about the presenting companies, the event’s sponsors and partners, and the event itself.

Registered attendees can download the Bizzabo app (iOS here, Android here). You can also access Bizzabo via your desktop at this link. If you’re new to Bizzabo, you can sign up using your LinkedIn credentials or set up an account using the same email address you used when registering for Finovate, as well as a password.

After you’ve downloaded the app, search for “Finovate” then select “Join” and you’re set.

If you have any difficulties signing in, please email us at spring@finovate.com.

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Tweet Me!

If you can’t make it to San Jose this week for FinovateSpring 2015, don’t despair! Our live Twitter feed is the next best thing to being here.

Find us on Twitter at the handle @Finovate, and be sure to mark your tweets #Finovate. You’ll join an intelligent, occasionally irreverent, community of savvy fintech fans whose insights, observations, and clever remarks will ensure you don’t miss a moment of the show.

Remember you can always get more information about FinovateSpring 2015 at our event page. We have the two-day event schedule, list of presenters, sponsors, partners, and more.

We hope to see you this week at the conference! If you have any questions, check out our FAQ page or send us an email at info@finovate.com.