Placecast Presents the ShopAlerts Wallet for Location-Based Offers Keyed to Mobile Payments

placecast_logo.jpgThis post is part of our live coverage of FinovateSpring 2013.

Finishing up the second session of Day Two of FinovateSpring is Placecast, developers of location-based marketing and loyalty programs for mobile operators and payment companies.
“The ShopAlerts Wallet combines Placecast’s expertise in location-based marketing with the latest innovations in mobile commerce. Built in HTML5, the Wallet works on all smartphone platforms and offers customers a first-ever turnkey solution for launching personalized, location-based mobile offers tied to mobile payments. There’s no app to build for marketers, and no app for consumers to download. Unlike other mobile wallet offerings, Placecast offers the Wallet as a white-label solution specifically built for credit card companies, mobile operators, and retailers.”
Product Launched: 2012
HQ Location: San Francisco, California
Company Founded: 2005
Website: placecast.net
Twitter: @placecast
Presenting Alistair Goodman (CEO) and Raymond Schachle (Business Leader, Visa)

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IntelliResponse Unveils its Virtual Concierge for Websites, Mobile Apps, and Social Media

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IntelliResponse is up next with their Enterprise Virtual Agent solution for the enterprise.
“The IntelliResponse Virtual Agent solution delivers a single, accurate, and approved answer to self-service questions posed across a wide array of customer interaction channels, including corporate websites, voice and text-enabled mobile applications, social media platforms, and agent desktops.
With the addition of voice recognition technology, the IntelliResponse Virtual Agent solution enables mobile users to simply ask their questions in a natural conversational style and receive one right answer wherever they are.
With IntelliResponse’s voice of the customer analysis tool, banks and other financial service institutions can intelligently organize the millions of customer questions in theme clouds to be able to quickly identify trends, ideas for campaigns, and more.”
Product Launched: April 2013
HQ Location: Toronto Ontario, Canada
Company Founded: 2000
Metrics: Under 100 employees; 155 enterprise customers; more than 365 live customer-facing deployments
Twitter: @IntelliResponse
Presenting David Lloyd (CEO)

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Intuit Unveils Mint MyBusiness Solution, Merging Traditional Banking with Financial Management

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Intuit is up next presenting a new feature for Mint.com called Mint MyBusiness.
“As the economy continues to recover, consumers and the nation’s more than 21 million personal businesses are looking for tools that will make it easy for them to manage their complete financial picture, including getting ready for tax time. Intuit will demo a new Mint.com feature called Mint MyBusiness, designed specifically to help consumers who are also small business owners to manage their finances – personal and business – all in one place. Additionally, the company will demo the integration of Mint within the digital banking experience of financial institutions, blurring the lines of traditional banking tasks and financial management.”
Product Launched: 2013
HQ Location: Mountain View, California
Company Founded: 1983
Metrics: More than $4 billion in annual revenue; 8,000 employees
Twitter: @Intuit_FS
Presenting Gregory Wright (VP Product for Financial Management, Intuit Financial Services)

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TipRanks Brings Accountability to the World of Financial Analysis with their Browser-Based Tool

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TipRanks is up now, introducing their “Financial Accountability Engine” to help investors and traders decide which financial analysts are worth paying attention to and which ones are not.
“TipRanks is the first online co-browser that aggregates, scrutinizes, and ranks digitally published stock recommendations. TipRanks’ Financial Accountability Engine transparently provides the individual investor unbiased information about the reliability, accuracy, and track record of those who provide sell-side advice. TipRanks’ free cloud-based technology provides unprecedented measurement and clarity to the worldwide financial advice domain. It lets the investor decide who to trust.”
Product Launched: April 2013
HQ Location: Tel Aviv, Israel
Company Founded: June 2012
Metrics: $680,000 raised; 8 employees; 2,000 alpha users; 200 unique Web visits daily
Website: tipranks.com
Twitter: @TipRanks
Presenting Uri Gruenbaum (CEO & Co-Founder) and Gilad Gat (CTO & Co-Founder)

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FlexScore’s Web-Based Platform Gamifies the Financial Planning Process

This post is part of our live coverage of FinovateSpring 2013.

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As we move toward the end of the first session of Day Two of FinovateSpring, here is FlexScore with their financial planning and goal setting solution.
“At the core of our platform is the FlexScore ‘scoring engine’ comprised of multiple factors the Certified Financial Planner Board of Standards agrees should be monitored by consumers. Based on our patent-pending algorithm, FlexScore is an industry first, a single gauge of a person’s overall financial health. Until now, there’s never been a comprehensive score that represents ‘who’ you are financially. Through a combination of gamification strategies, custom action steps, peer ranking, and the ability to model financial decisions to see how they will impact your future . . . we make improving one’s financial health a fun and achievable goal.”
Product Launched: May 2013
HQ Location: San Francisco, California
Company Founded: May 2012
Metrics: $1.5 million raised; 6 employees
Website: flexscore.com
Twitter: @myflexscore
Presenting Jason Gordo (CEO) and Jeff Burrow (President)

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Encap’s Multi-Factor Authentication Solution Provides Speed and Security

ENCAPLogo_Orange.jpgThis post is part of our live coverage of FinovateSpring 2013.

Bridging the gap between banking grade security and user experience is our next presenter, Encap.
“The Encap product is a software-based authentication solution that provides uncompromising speed, security, and simplicity to boost the adoption of financial services and applications. It allows any service provider to offer two- and three-factor authentication using the customer’s smart device. 
Integrating Encap’s client SDK with a native app creates a seamless, familiar login experience while maintaining banking-grade access security. The 1st (“know”) factor is the user-defined PIN, the 2nd (“have”) factor is the uniquely identifiable smart device and the 3rd factor (“are”) is the user’s typing behavior. By integrating with Encap’s server-side SDK, the service provider can use Encap’s solution as part of its existing identity management access control service and signature systems.”
Product Launched: December 2012
HQ Location: Oslo, Norway
Company Founded: June 1, 2008
Metrics: 8 employees
Twitter: @encapsecurity
Presenting Thomas Bostrøm Jørgensen (CEO)

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LICUOS Launches Secure, B2B Payables, Receivables Processing Solution

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Coming to the stage next to present their global B2B payment platform is Madrid-based LICUOS.
“LICUOS is demoing its core technology: a unique proprietary and patent-pending technology that enables an efficient and highly secure processing of accounts payable and receivable transactions, 24/7 and in real-time, to deliver the best financial optimization and user experience. Our algorithms automatically identify and generate the most convenient and efficient netting, payment and funding proposals. They manage all of the associated transactions that allow businesses to significantly reduce or eliminate their commercial debts. LICUOS gives businesses full control and visibility into the payment process and allows them to easily communicate and negotiate with their business partners.”
Product Launched: 2013
HQ Location: Madrid, Spain
Company Founded: December 2012
Metrics: Product in development since early 2012; seed capital from IDEON Financial Solutions & AVS
Website: licuos.com
Twitter: @licuos_en
Presenting Iker de los Rios (CEO & Co-Founder) and Lander Gonzalez (Co-Founder)

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Go Social: Finect Introduces its Online Social Network for the Financial Industry

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Coming to the stage next is Finect, the online social network for financial advisors, asset managers, investors, and other industry professionals.
“The first social network focused solely on the needs of the industry features:
  • Professional Verification – the only network to check credentials and raise the quality of the network
  • Groups – the ability to create public or private groups to update customers or employees instantly or build brand and awareness with prospective clients
  • One-Stop Social Communications – post once and share content with many (LinkedIn, Twitter)
  • Social Products – investment products that can now be followed for real-time alerts and community opinions
  • Compliance – full permissions, content controls, archiving, and reporting for compliance officers and marketers to remain SEC/FINRA compliant.”
Product Launched: May 2013
HQ Location: New York, New York
Company Founded: 2012
Website: finect.com
Twitter: @finectcom
Presenting Jennifer Openshaw (President) and Nicolas Oriol (CEO & Founder)

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InvoiceASAP Unveils their Mobile Invoice Network for the Enterprise

invoiceasap_logo.jpgThis post is part of our live coverage of FinovateSpring 2013.

Our final presentation of Day One of FinovateSpring 2013 comes courtesy of InvoiceASAP, who is bringing mobile and cloud-based innovation to the world of business invoicing.
“InvoiceASAP is showing how the platform works with QuickBooks Online, Capital One Spark Payments for mobile payments, and mobile printing using the Zebra family of Bluetooth printers. InvoiceASAP is launching the Zebra printer integration on stage as well as our open API for Enterprise developers.”
Product Launched: May 2011
HQ Location: San Francisco, California
Company Founded: November 2010
Metrics: $435,000 raised; 120,000 registered accounts; $20,000 in monthly revenues; 3.5 employees
Twitter: @invoiceasap
Presenting Paul Hoeper (CEO) and Anne Maxwell (CTO)

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Escardgot Launches the Helix SCard and SCard-Go Mobile App

Escardgotlogo.jpgThis post is part of our live coverage of FinovateSpring 2013.

Representatives of Escardgot are coming to the stage now. The company’s technology makes it easier for cardholders to use the right card for the right transaction.
“The patented Helix SCard, combined with the SCard-GO mobile app, allows a consumer to reduce their wallet-full-of-cards down to a single, secure card. The innovative technology inside the Helix SCard allows it to become any magnetic stripe card – for example, a credit or debit card. 
In addition to selecting different cards, SCard-GO mobile app allows a consumer to make transactions, review transactions, and receive electronic offers from merchants. The Helix SCard works with existing POS technology and does not require a hardware upgrade like NFC does. And because it does not require a transaction fee, it is transparent to the credit industry, unlike Square. It is also transparent for the end consumer, as the Helix SCard has the same form factor, appearance, and behavior as a standard credit card.” 
Product Launched: May 2013
HQ Location: Sacramento, California
Company Founded: October 2011
Metrics: 3 founders and 5 part-time employees
Website: escardgot.com
Twitter: @Escardgot
Presenting Tom Humphrey (COO) and Garrett Unglaub (Director, Marketing)

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GreenDot Introduces GoBank, the Mobile-Optimized Bank

GoBank_Logo_small.jpgThis post is part of our live coverage of FinovateSpring 2013.

One of the biggest names in prepaid cards, GreenDot is here to present their latest innovation: GoBank.
“GoBank is a brand of Green Dot Bank, Member FDIC. GoBank is the first bank account designed from scratch to be opened and used on a mobile device. With GoBank, members have full access and control of their money from their iPhone, iPod Touch, or Android device, have no overdraft fees or minimum balance requirements, and can withdraw cash from more than 42,000 fee-free ATMs in the U.S.”
Product Launched: 2013: beta in January; general availability in June
HQ Location: Pasadena, California
Company Founded: Green Dot, 1999; GoBank 2013
Metrics: More than 590 team members; more than 4 million active prepaid cardholders
Website: gobank.com
Twitter: @gobank
Presenting Steve Streit (CEO & Chairman) and Alok Deshpande (VP Product Development)

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Realty Mogul Launches Crowd-Funding Platform for Real Estate Investing

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Just in time for the recovering real estate market, here’s Realty Mogul. The company helps bring investment capital to a variety of commercial and multi-dwelling residential real estate projects.
“Realty Mogul is a marketplace for investors to pool money online and buy shares of pre-vetted investment properties like apartment buildings, office buildings, and retail centers; it’s crowd-funding for real estate.
Realty Mogul is demoing the full transaction life cycle of an investment, from account creation through electronic documentation to funding via ACH. We are also demoing what it looks like to be an active investor and how to monitor investments via a dashboard.”
Product Launched: March 2013
HQ Location: Los Angeles, California
Company Founded: May 2012
Metrics: $500,000 capital raised in seed round; 4 FTEs; pre-revenue
Twitter: @Realty_mogul
Presenting Jillene Helman (CEO)

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