Author: Julie Muhn (@julieschicktanz)

Dynamics Debuts Improvements to Next-gen Payment Card

Dynamics Debuts Improvements to Next-gen Payment Card
By Julie Muhn (@julieschicktanz) Posted on
Categories: Dynamics, FinovateFall 2015

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

DynamicsLogoDynamics debuted a new program for its next-generation payment card:

The company’s commercial applications are the world’s first fully card-programmable payment interfaces—stripe, EMV, NFC—for use in next-generation payment cards.

Presenter: Jeff Mullen, CEO and founder

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Metrics: $110 million raised; 200 employees
Product distribution strategy: Direct to business (B2B); through financial institutions

HQ: Cheswick, Pennsylvania
Founded: November 2007
Website: dynamicsinc.com
Twitter: @dynamicsinc

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RedCloud Launches RedCloud 1 to Offer a Mobile Transaction Engine

RedCloud Launches RedCloud 1 to Offer a Mobile Transaction Engine
By Julie Muhn (@julieschicktanz) Posted on
Categories: FinovateFall 2015, RedCloud

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

RedCloudTechnologyLogoRedCloud Technology launches its RedCloud 1 Platform:

Available on-site, off-site, or as a hybrid cloud solution, RedCloud 1 enables organizations to launch highly disruptive financial services and provides an immensely powerful and flexible transaction engine and processing platform delivered through mobile devices. While the Financial Service Cloud (payments, savings, and/or loans) is our flagship product, we also have Agent, Merchant, and Insurance Clouds.

Separate or combined, our clouds empower banks, mobile network operators, insurers, and fintech companies that process payments with the ability to get a powerful, user-friendly digital offering in to the hands of their customers, positioning them as an innovator. Our clouds are available through a pay-as-you-grow pricing model.

Presenters: Justin Floyd, founder of Red Cloud, and Matthew Smith, product manager

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Product launch: October 2015
Product distribution strategy: Direct to business (B2B); through financial institutions; through other FinTech companies and platforms; licensed

HQ: London, United Kingdom
Founded: February 2014
Website: redcloudtechnology.com
Twitter: @RedCloudTech

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Ethoca’s Alerts Help Online Merchants Avoid Chargebacks

Ethoca’s Alerts Help Online Merchants Avoid Chargebacks
By Julie Muhn (@julieschicktanz) Posted on
Categories: Ethoca, FinovateFall 2015

EthocaLogoThis post is part of our live coverage of FinovateFall 2015.

Ethoca is demonstrating how its Alerts help online merchants stop fraud:

Ethoca Alerts is an award-winning service used by thousands of ecommerce merchants and online businesses to stop fraud, eliminate chargebacks, and increase acceptance. Leveraging Ethoca’s global collaboration network, it provides the industry’s largest source of cardholder-confirmed fraud and customer-dispute data, direct from the card-issuer source.

Ethoca Alerts arrive in near real time rather than weeks later through the normal chargeback process. Merchants now have advance notification of impending chargebacks and can take immediate action to stop them at the source, eliminating unnecessary costs and poor customer experience.

Presenters: Steve Durney, SVP, issuer relations, and Julie Fergerson, SVP, industry solutions

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Metrics: Ethoca is headquartered in Toronto, Ontario, Canada, with international offices located in Austin, Texas; London, England; Dublin, Ireland; and France. Ethoca has 100+ employees.

HQ: Toronto, Ontario, Canada
Product launch: 2011
Website: ethoca.com

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PaySwag Launches Payment Collection App for the Underbanked

PaySwag Launches Payment Collection App for the Underbanked
By Julie Muhn (@julieschicktanz) Posted on
Categories: FinovateFall 2015, PaySwag

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

PaySwagLogoPaySwag will tell us about the launch of its simple payment-collection app:

PaySwag‘s payment, rewards, education, and feedback engine offers a gamified mobile experience for improving the financial lives of the underbanked. The mobile app simplifies the collection of payments, fees, and fines with cash or cards. Customers are rewarded for paying on time, completing financial and life skills education, and maintaining communication.

Never before has this demographic been incentivized with Amazon gift cards, Redbox rentals, or Starbucks lattes just for keeping a payment plan. The robust administrative back-end also provides advanced workflow, security, integration, and analytics capabilities.

Presenters: PaySwag’s CEO Max Haynes and CTO Mark Miller

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Product launch: September 2015
Metrics: $500,000 privately funded to date; 8 employees
Product distribution strategy: Direct to business (B2B); through financial institutions; through other fintech companies and platforms; licensed

HQ: Reno, Nevada
Founded: October 2014
Website: payswag.com

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Quisk Launches Digital Services Platform

Quisk Launches Digital Services Platform
By Julie Muhn (@julieschicktanz) Posted on
Categories: FinovateFall 2015, Quisk

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

QuiskLogoQuisk debuted its digital services platform:

Quisk is demonstrating several consumer transactions, including person-to-merchant (P2M), person-to-person (P2P), and more, powered by its patented cloud-based digital services platform. Quisk works with banks to integrate its platform to back-end core banking platforms and offers an API for third-party developers.

Unlike current mobile-network 0perator-led mobile money initiatives, Quisk is the next generation of mobile money: bank-led, interoperable, and for a wider range of transactions. For consumers: Quisk is your money from your bank, but without the cash, without the cards, and without the wallet.

Presenters from left: CTO Praveen Amancherla and Dan Glessner, chief marketing officer

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Product launch: September 2015
Metrics: $20 million+ raised; revenue in second half of 2015; active projects in two countries in the Caribbean and Middle East; ~30 employees (tech- and payments-industry veterans)
Product distribution strategy: Direct to business (B2B); through financial institutions

HQ: Sunnyvale, California
Founded: January 2010
Website: quisk.co
Twitter: @quiskpay

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LiftForward Debuts Technology-as-a-Service Marketplace-loan Platform

LiftForward Debuts Technology-as-a-Service Marketplace-loan Platform
By Julie Muhn (@julieschicktanz) Posted on
Categories: FinovateFall 2015, LiftForward

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

LiftForwardLogoThen, LiftForward debuted TaaSLift, a Technology-as-a-Service Marketplace-loan Platform:

LiftForward’s marketplace-loan platform is the basis for the launch of its new Technology-as-a-Service platform, TaaSLift, for corporations, manufacturers, suppliers and retailers. TaaSLift provides a plug-and-play method for businesses to offer their small business product as a service.

This month, Microsoft launched its first TaaSLift program, providing members with software, support and a new Surface Pro III every 12, 24, or 36 months. By replacing expensive, one-time purchases with affordable subscriptions, TaaSLift helps companies increase sales while strengthening customer relationships.

Presenters: LiftForward CEO Jeffrey Rogers and CTO Michael Grassotti

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Product launch: July 2015
Metrics: LiftForward capitalization: $2.3 million, Series A, August 2014; $2 million debt financing, August 2014; $7 million debt financing, March 2015; $250 million debt financing, July 2015; 10 employees
Product distribution strategy: Direct to business (B2B); through financial institutions; through other fintech companies and platforms

HQ: New York City, New York
Founded: September 2013
Website: liftforward.com
Twitter: @LiftForward

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LiquidLandscape Debuts Notebook, a Risk-visualization Workspace

LiquidLandscape Debuts Notebook, a Risk-visualization Workspace
By Julie Muhn (@julieschicktanz) Posted on
Categories: FinovateFall 2015, LiquidLandscape

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

LiquidLandscapeLogoNext, LiquidLandscape debuted Notebook, its risk-visualization workspace:

LiquidLandscape Notebook is a collaborative, risk-visualization and -exploration workspace. Problem identified, problem communicated, problem solved.

Presenters from left: Co-founders David Lin, CTO, and CEO Margit Zwemer

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Product launch: June 2015
Metrics: Barclays/Techstars Accelerator, London
Product distribution strategy: Direct to business (B2B)

HQ: San Francisco, California
Founded: July 2013
Website: getliquidlandscape.com
Twitter: @lqdlandscape

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Lexmark Enhances Mobile Onboarding Platform With Natural Language Interaction

Lexmark Enhances Mobile Onboarding Platform With Natural Language Interaction
By Julie Muhn (@julieschicktanz) Posted on
Categories: FinovateFall 2015, Lexmark

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

LexmarkLogoThen, Lexmark showed off upgrades to its Mobile Onboarding Platform:

Lexmark is demonstrating a significant customer enhancement to its Mobile Onboarding Platform: a frictionless mobile onboarding process driven by interactive and instructive, natural voice recognition along with a virtual collaboration session to e-sign the application in real time.

The demonstration guides the customer along the new account-application process with instructions and guidance in natural language trained for this specific purpose. The applicant can interact with the platform in plain English to correct data extracted from their driver’s license, advance to the next step, initiate a same-session video-chat to collaboratively e-sign the new account application in real time, and finally to submit the completed application.

Presenters: Darren Collins, global director, financial services and insurance; Chris Edington, senior marketing manager, industry solutions

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Metrics: Sells products in more than 170 countries; 12,700 employees; NYSE: LXK; $3.7 billion in revenue (2014)
Product distribution strategy: Direct to business (B2B)

HQ: Lexington, Kentucky
Founded: January 1991
Website: lexmark.com
Twitter: @lexmark

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Encap’s Omnichannel Enablement Platform Offers a Consistent, Secure UX Across Channels

Encap’s Omnichannel Enablement Platform Offers a Consistent, Secure UX Across Channels
By Julie Muhn (@julieschicktanz) Posted on
Categories: Encap, FinovateFall 2015

EncapSecurityLogoThis post is part of our live coverage of FinovateFall 2015.

Next, Encap Security debuted its Omnichannel Enablement Platform:

Encap’s Omnichannel Enablement Platform enables financial services companies to unite their previously separate transaction channels to create a clean, consistent, and safe method of access for their customers at any point. The result is increased satisfaction, reduced confusion, and an improved user experience whereby customers always know what to expect and when to expect it. Omnichannel to Encap means truly uniting all channels for customers: telephone, card, ATM, in-branch, online/mobile or anything else. This combination of unity and security allows for the delivery of enhanced products and services, improved revenue, and dramatically reduced costs.

Presenter: Adam Dolby, VP, business development

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Product launch: 2014
Metrics: $8.3 million raised; 15 employees
Product distribution strategy: Through financial institutions; through other fintech companies and platforms

HQ: Palo Alto, California; Oslo, Norway
Founded: 2007
Website: encapsecurity.com
Twitter: @encapsecurity

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Fiserv Combines Wearables and iBeacons for ATM Withdraws

Fiserv Combines Wearables and iBeacons for ATM Withdraws
By Julie Muhn (@julieschicktanz) Posted on
Categories: FinovateFall 2015, Fiserv

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

FiservLogoNext, Fiserv showed how users can withdraw cash from an ATM using wearables and iBeacons:

Fiserv understands that consumers are increasingly demanding more impactful banking experiences from their financial institutions. Built on Fiserv’s globally proven Mobiliti™ platform, this demonstration shows how a consumer can withdraw cash from an ATM without a card by using banking dependent upon wearables and location services with iBeacons/Bluetooth low-energy. This new innovation delivers a rich and compelling banking experience that brings digital and offline together.

Presenters: Andrew Barnett, principal technical sales consultant; David Carr, innovation manager

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Product launch: September 2015
Metrics: $5.1 billion revenue in 2014; publicly traded; 21,000 associates worldwide; 13,000 financial institutions and business clients worldwide
Product distribution strategy: Through financial institutions

HQ: Brookfield, Wisconsin
Founded: July 1984
Website: fiserv.com
Twitter: @Fiserv

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D3 Banking Launches Small-business Banking Solution

D3 Banking Launches Small-business Banking Solution
By Julie Muhn (@julieschicktanz) Posted on
Categories: D3 Banking, FinovateFall 2015

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

D3BankingLogoD3 Banking launched its Small Business Banking solution:

D3 Small Business Banking allows FIs to provide business owners access to the basic financial tools from any digital device. Using transactional analysis, D3 Small Business Banking automatically generates pre-formatted cash flow and income statements, provides budgets based on either a three-month average by category and/or manually inputted data from the end user, and creates reports that provide current and time-over-time analysis of both expense and income categories. In addition, D3 Small Business Banking includes a robust user management and dual approval system with alerting capabilities that work with any digital device, including wearables such as the Apple Watch.

Presenters: CMO Michael Carter and Andy Holdt, director, sales support

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Product launch: September 2015
Metrics: D3 Banking has 67 employees; more than 250,000 FI customers use D3’s legacy products; by 2016, a projected one-million+ users will be on its data-driven digital banking platform.
Product distribution strategy: Direct to business (B2B)

HQ: Omaha, Nebraska
Founded: October 1997
Product Demoed: D3 Small Business Banking
Website: d3banking.com
Twitter: @D3Banking

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Sliced Institutional Offers Advisers Access to Alternative Investments

Sliced Institutional Offers Advisers Access to Alternative Investments
By Julie Muhn (@julieschicktanz) Posted on
Categories: FinovateFall 2015, Sliced Investing

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

SlicedInvestingLogoSliced Investing debuted Sliced Institutional:

Sliced Institutional gives registered investment advisers access to a suite of alternative investments while also automating all the manual processes associated with private investments: subscription document signing, reporting, custodial integrations, CRM integrations and more.

With this platform, Sliced Investing gives financial advisers access to both blue chip funds and emerging managers, all while providing portfolio analytical tools to help them efficiently invest capital.

Presenters: Sliced Investing Co-founders Akhil Lodha, CTO, and Mike Furlong, CEO

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Product launch: August 2015
Metrics: Sliced Investing is a fintech startup backed by Y-Combinator, Khosla Ventures, Great Oaks Venture Capital, TriplePoint Ventures, Data Collective, Aslanoba Capital, Amit Avner, Aaron Levie, and TEEC Angel Fund. The Sliced Investing team has experience in both financial services and technology from their time and experience at Motif Investing, Citi, J.P. Morgan, Mesirow Financial, Wells Fargo, Barclays, Oracle, and FT Partners. Sliced Investing currently has 8 full-time employees.
Product distribution strategy: Direct to business (B2B), through financial institutions, through other fintech companies and platforms

HQ: San Francisco, California
Founded: June 2014
Website: slicedinvesting.com
Twitter: @SlicedInvesting

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