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Finovate Blog
Tracking fintech, banking & financial services innovations since 1994
A look at the companies demoing live at FinovateMiddleEast on November 20 and 21, 2019 in Dubai. Register today and save your spot.
InterGen Data’sDAVID – Digital Advice Via Demographics is a web platform (browser and/or widget) that is an artificial intelligence/ machine learning-driven experience which shows its users the financial impact of their upcoming Life Events. By using InterGen Data’s platform you will be able to help your advisors become contextually relevant to their clients and attract new customers, improve client engagement, and mitigate customer attrition.
Why it’s great By leveraging artificial intelligence and machine learning, companies can now deliver personalized experiences, be predictive, and move from a reactive to a proactive business model.
Presenter
Robert Kirk, President and CEO Kirk is a seasoned industry executive who is responsible for the vision, development, establishment, and growth of InterGen Data’s Life Stage / Life Event predictive technology to the BFSI industries. LinkedIn
A look at the companies demoing live at FinovateMiddleEast on November 20 and 21, 2019 in Dubai. Register today and save your spot.
Pinkaloo helps financial institutions attract and retain customers and increase deposits and fees by powering their customers’ charitable giving.
Features
Win new customers, new deposits, and new fees
Help customers budget, discover great charities, and collaborate
Offer round-ups and incentives to drive key KPIs
Why it’s great Customers switch banks 2.5x more than before. Eighty one percent of millennials expect a commitment to good corporate citizenship. Pinkaloo’s white-label Modern Giving provides FIs with a solution to both.
Presenters
Gideon Taub, Founder & CEO Taub started his career on Wall St. before spending 10 years helping to build Videology, a VC-funded ad-tech product. He founded Pinkaloo to solve a personal problem he faced in managing his giving. LinkedIn
Daniel Gardner, COO Gardner spent 5 years at JP Morgan before transitioning into product and operations roles at tech startups. His passion for Pinkaloo stems from wanting to bring more data and transparency to giving. LinkedIn
A look at the companies demoing live at FinovateMiddleEast on November 20 and 21, 2019 in Dubai. Register today and save your spot.
BodesWell aligns your finances with the future you want. The company’s one-page platform combines the user’s financial transactions data with models of the future in an easy, intuitive experience.
Features
Offers a simple, intuitive experience
Provides powerful analytical models and guidance
Brings the consumer confidence from knowing they’ve got a plan
Why it’s great BodesWell is built to integrate in a co-branded partnership model with your bank, insurance company, or investment firm.
Presenters
Matthew Bellows, Co-Founder and CEO Bellows is the co-founder of BodesWell. This is his third greenfield startup – he sold the first to CBS. He raised $50 million for the second startup from Google and Battery Ventures. He and his family live in Cambridge, MA. LinkedIn
Bernie Bernstein, Co-Founder and CTO Bernstein is the co-founder and CTO of BodesWell. Previously, he was CTO at Time Out Group, VP Engineering at Trip Advisor, and a Senior Engineer at Apple. Bernie and his family live in Newton, MA. Linked
A look at the companies demoing live at FinovateMiddleEast on November 20 and 21, 2019 in Dubai. Register today and save your spot.
Datanomers is fintech/AI. The company’s Financial Risk Profiler, deployed at banks, reduces defaults by 5% to 15%. The Customer Insight Manager is unique; it alerts banks to customer attrition – proactively so that they can retain them.
Features
Assists in meeting incremental growth targets by preventing attrition of premium customers
Identifies key customer insight: what’s uppermost in their mind
Does all this in real-time
Why it’s great Customer Insight Manager (CIM)– is the world’s most advanced AI, Natural Language Understanding solution that identifies premium customers at risk of leaving- stopping customer attrition in its tracks.
Presenters
Deepak Dube, Founder and CEO Dube is a Ph.D. Previously, he was a Bell Labs researcher for 19 years, served on the faculty at NYU, and was CTO at IPsoft. He holds patents and speaks on AI and ML. He led a team to invent the world-renowned cognitive agent Amelia. LinkedIn
Meeta Pandey, VP Business Development Pandey, Ph.D., is a dynamic business leader with a diverse background ranging from being ex-faculty at Monmouth University, to consulting for financial firms, to building a business with world-class teams. LinkedIn
A look at the companies demoing live at FinovateMiddleEast on November 20 and 21, 2019 in Dubai. Register today and save your spot.
Chatbots.Studio’sBot Commerce Platform helps to connect merchants, customers, CRM, and payment providers. The platform allows SMEs to create a chatbot for different messengers and accept payments instantly.
Features
Cloud marketplace of commercial bot templates
One-click payments via Apple/GPay
Why it’s great Chatbots.Studio solves the problem of digitalization and communications with customers in smartphones for SMEs.
Presenters
Max Popov, Co-Founder & CTO at Chatbots.Studio Popov is co-founder and CTO of Chatbots.Studio. He has more than 15 years of experience in banking and fintech as Head of CRM, Cloud Technologies, and CTO. LinkedIn
Egor Avetisov, Head of Innovations at Privatbank Avetisov has more than 12 years of experience in banking and technology. He is responsible for the implementation of new technologies and collaboration with big tech companies. LinkedIn
Why it’s great Under-performing portfolios will soon be a thing of the past, thanks to Revest.
Presenter
Danny Kabakibo, Revest CEO/CTO Kabakibo, an entrepreneur and a software engineer since age 10, is obsessed with cultivating innovative technological solutions to ambitious problems.
A look at the companies demoing live at FinovateMiddleEast on November 20 and 21, 2019 in Dubai. Register today and save your spot.
Evident Systems helps financial institutions of all sizes transform into fully real-time organizations: payments, operations, security, and customer service. The company’s first product is Evident Cloud RTP.
Features
Rapid, self-service onboarding to the Real-Time Payments Network
Secure integration with core systems of record
Automated test infrastructure
Ongoing monitoring
Why it’s great Evident Systems has partnered with The Clearing House as one of the first Third-Party Service Providers. Your account holders shouldn’t wait for Real-Time Payments: start today with Evident Cloud RTP!
Presenters
Bobby Calderwood, Founder of Evident Systems Before founding Evident Systems, Calderwood was a distinguished engineer on the technology fellows team at Capital One. He is an expert in real-time, event-driven financial information systems. LinkedIn
Keith Gray, Vice-President of RTP Strategic Partnerships at The Clearing House Gray is VP of The Clearing House over RTP Network Strategic Partnerships, which are critical to the success of RTP since many financial institutions will leverage RTP via a technology partner. LinkedIn
Digital transformation strategist Luxoft and client lifecycle management specialist Fenergo are joining forces. The agreement, announced earlier this week, makes Luxoft the latest to join Fenergo’s 300-member, worldwide partnership ecosystem.
Luxoft will act as a consulting partner to provide expertise, practical experience, and advice to Fenergo’s clients when its comes to initiatives such as data migration, IT architecture, and change readiness. Other such partners on Fenergo’s platform include Accenture, Capgemini, and Genpact. Fenergo CEO Marc Murphy described Luxoft as an “ideal partner” that will help the company “scale… business at a greater pace.”
Luxoft not only gains a way to fulfill its clients’ needs for digital transformation, the company also stands to gain new clients of its own by becoming a member of Fenergo’s ecosystem. “Our partnership with Fenergo aligns with our strength and success in financial services, and presents new opportunities to grow our business, expand our partner ecosystem, and deliver exceptional value to our clients,” said Dmitry Loschinin, executive vice president of DXC Technology, and president and CEO of Luxoft.
Luxoft was acquired by DXC Technologies (NYSE: DXC) which holds a market capitalization of $8.5 billion. At FinovateFall 2014, Luxoft debutedHorizon, a data visualization framework for banking executives.
Bug bounty and vulnerability disclosure platform HackerOneannounced a funding round this week that boosts its capital up to $110 million. The oversubscribed Series D round, which totaled $36.4 million, saw contributions from Benchmark, New Enterprise Associates, Dragoneer Investment Group, EQT Ventures, and others.
HackerOne will use today’s round to expand global market reach, scale its offerings, and continue to strengthen its hacker community.
The California-based company offers a platform that recruits security researchers and white hat hackers to identify security weaknesses for its more than 1,500 clients, including Twitter, Airbnb, Uber, Yelp, and the U.S. Department of Defense. Government bug bounty programs, in fact, have increased more than 2x in the last 12 months alone, during which time customers have resolved more than 30,500 security vulnerabilities.
Since it was founded in 2012, the hackers on HackerOne’s platform have found over 120,000 vulnerabilities and have been awarded over $51 million in bug bounties. With the average bounty paid for critical vulnerabilities now totaling almost $3,400, some hackers are able to make a career out of discovering bugs on HackerOne’s platform. And while it’s not explicitly in the business of making millionaires, the company has helped six hackers earn more than $1 million each by finding vulnerabilities.
David Obrand, partner at Valor Equity Partners, will join HackerOne’s Board of Directors. “HackerOne is leading a new wave of cybersecurity companies tackling the unique challenges brought on by rapid growth and more sophisticated attack surfaces,” said Obrand. “Hacker-powered security is here to stay and with its tremendous customer and hacker community, HackerOne is dominating the market. I am thrilled to be joining the Board of Directors and being a part of the next stage of growth and innovation.”
A look at the companies demoing live at FinovateMiddleEast on November 20 and 21, 2019 in Dubai. Register today and save your spot.
Noonum solves information overload by summarizing and contextualizing unstructured data, powered by the connected intelligence of a continually evolving semantic knowledge graph generated using artificial intelligence and natural language processing.
Features
News intelligence and concept exposure
Value chain
Bring your own data
Why it’s great Get ambient and hidden intelligence to know what you don’t know. Combine external insights with internal data with bring your own data. Complete business and market research faster.
Presenters
Shankar Vaidyanathan Vaidyanathan has more than 20 years of experience at Microsoft as an engineering leader driving the success of cloud, data, and machine learning products. He holds more than a dozen patents. LinkedIn
Darian Parrish Parrish has a background in engineering and an MBA in finance. Most recently he ran a systematic hedge fund. He enjoys working for agile startups and solving challenging problems for customers. LinkedIn
A look at the companies demoing live at FinovateMiddleEast on November 20 and 21, 2019 in Dubai. Register today and save your spot.
Finzly (formerly SwapsTech) is focused on enabling digital banking transformation for banks of all sizes. The company is dedicated to freeing banks from the limitations of their core systems and vendors.
Features
Open, hyper-scalable, flexible bank operating system
App store ecosystem with a range of valuable banking applications on a single platform
Modern, omni-channel digital user experience
Why it’s great Finzly BankOS makes it easy for banks to modernize their customer offerings and take advantage of the latest cutting edge technology with open, API-driven, digital online banking.
Presenters
Brian Anderson, Vice President, Sales and Marketing Anderson has over 25 years of experience helping financial institutions discover, implement, and profit from the latest in fintech. LinkedIn
Terry Howell, Chief Technology Officer Howell is a technology leader with 20 years of experience guiding brilliant engineering teams to deliver innovative, valuable solutions to customers. LinkedIn
A look at the companies demoing live at FinovateMiddleEast on November 20 and 21, 2019 in Dubai. Register today and save your spot.
BreachRx’s platform provides automation across the enterprise, enabling organizations to respond to cyber incidents efficiently and in compliance with relevant regulations, policies, and contracts.
Features
Incident response that is automatically tailored and up-to-date
One platform for all business silos that are responsible for incident response
One system of record for audit and regulators
Why it’s great BreachRx will change data breach response from a crisis to a routine business process.
Presenter
Andy Lunsford, CEO Lunsford is a privacy law expert with a decade of experience in large-scale commercial litigation. He first began working on data security issues when his firm represented ChoicePoint in 2004. LinkedIn
