Alfa-Bank Debuts Sense, a New Way of Mobile Banking

Alfa-Bank Debuts Sense, a New Way of Mobile Banking

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

AlfaBankLogoAlfa-Bank debuted its mobile banking communication feature, Sense:

Sense is a new way of mobile banking for universal banks. Sense works like Google Now for customers, predicting the next thing they might need. It’s more gentle and personal than the ordinary bank app and communicates like Facebook Messenger.

Presenters: Vladimir Urbanksky, CEO, Alfa-Bank; Nikita Filippov, CEO, Octoberry; and Artem Molchanov, project manager, Alfa-Lab

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Product distribution strategy: Direct to Consumer (B2C), through other fintech companies and platforms

Website: alfabank.com

Twilio’s Authy Debuts OneTouch Authentication

Twilio’s Authy Debuts OneTouch Authentication

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

AuthyLogoAuthy a division of Twilio, showed how its OneTouch streamlines two-factor authentication:

Authy OneTouch is the next generation in strong authentication: frictionless and more secure. Authy OneTouch streamlines 2FA for consumers by making it a simple “yes” or “no” approval of a push notification initiated-request on an authorized mobile or wearable device—there are no one-time password codes for users to enter or manage. Based on public cryptographic key processes, Authy OneTouch provides nonrepudiation and protects against phishing and man-in-the-middle attacks for any logon or event, such as changes in account settings, high-risk transactions, or credit card purchases.

Presenter in center: Dan Killmer, lead solutions architect

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Metrics: 11,000 apps in-site protected; millions of users worldwide
Product distribution strategy: Developer-driven sales, outbound enterprise and channel sales

HQ: San Francisco, California
Founded: 2012
Website: Authy.com
Twitter: @Authy

BehavioSec Reveals On-demand Service

BehavioSec Reveals On-demand Service

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

BehavioSecLogoBehavioSec debuted BehavioSec on Demand:

We are revealing our new BehaviorSec on Demand service. We have extended the proven and tested technology from BehavioSec’s large banking installation of behavioral biometrics that work as an additional layer of security, and we implement it as a transaction-based service in the cloud. This helps organizations that need better control of who is accessing their service and that suffer from fraudsters compromising the integrity of companies and individuals.

Presenter: COO Olov Renberg (COO)

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

HQ: Stockholm, Sweden
Founded: 2009
Website: behaviosec.com
Twitter: @BehavioSec

Advisor Software’s Wealth Management Cloud Serves Up Widget-based Applications

Advisor Software’s Wealth Management Cloud Serves Up Widget-based Applications

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

AdvisorSoftwareLogoAdvisor Software debuted its Wealth Management Cloud:

Wealth Management Cloud™ was launched in March of 2015 to address an unmet need in the financial services industry: a platform to facilitate the rapid prototyping and development of multi-platform, multi-user, mobile-ready wealth-management applications. Our cloud platform exposes 20 years of intellectual property via APIs, widgets and apps rather than through traditional licensed software. This modular framework offers innovative companies a library of plug-and-play wealth-management building blocks, allowing them to quickly develop new applications while affording them complete control over their user experience.

Presenters: Margarita Petrova, UX designer (seated), and Erik Jepson, chief customer officer

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Product Launch: March 2015
Product distribution strategy: Direct to Business (B2B), through financial institutions, through other fintech companies and platforms
HQ: Walnut Creek, California
Founded: June 1995
Website: advisorsoftware.com
Twitter: @AdvisorSoftware

ebankIT Launches Omnichannel and Social Banking

ebankIT Launches Omnichannel and Social Banking

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

ebankIT showed how its omnichannel and social banking help contextualize banking:

ebankIT aims to materialize a solution that will be much more than a banking application, maximizing the interaction of financial institutions and clients by extending the concept of omnichannel and a new concept of social banking. In the world of omnichannel banking, customers are in control of the channels they wish to use. For example, they can begin an interaction using one channel (mobile while at home) and end it in another (SmartTV or Internet Banking). Omnichannel banking brings the industry closer to the promise of true contextual banking in which financial services become seamlessly embedded into the lives of individual and business customers.

ebankIT presenters: CCO and VP João Pinto and Market Manager Sílvia Barbosa

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Product Launch: February 2015 at FinovateEurope
Metrics: Revenues around €2 million; 50 employees
Product distribution strategy: Direct to Business (B2B), through financial institutions

HQ: Oporto, Portugal
Founded: January 2014
Website: ebankit.com
Twitter: @e_bank_it

Buzz Points Helps Users Earn and Redeem Rewards at Local Businesses

Buzz Points Helps Users Earn and Redeem Rewards at Local Businesses

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

BuzzPointsLogoBuzz Points demonstrated how its app lets users redeem local offers:

Buzz Points’ recently launched mobile app enables users to purchase, manage, and redeem points and local, personalized offers from their mobile devices and explore new local businesses close to home or across the country. Among its innovative features, the app utilizes geotargeting to identify and recommend nearby locally owned businesses, which enables users to earn and use points not only in their own local market, but also throughout the country as they travel.

Exclusive discounts and offers are personalized based on the individual’s spending habits according to transaction data. The Buzz Points mobile app is available to individuals nationwide who are enrolled in Buzz Points through their community financial institution.

Presenter: Director of Product Michael Hall

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Product Launch: May 2015
Metrics: $26.5 million
Product distribution strategy: Through financial institutions

HQ: Austin, Texas
Founded: 2012
Website: buzzpoints.com
Twitter: @BuzzPointsBanks, @BuzzPointsCUs

Urban FT’s Digital Banking Platform

Urban FT’s Digital Banking Platform

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

UrbanFTLogoUrban FT demonstrated how its white-labeled banking platform offers comprehensive banking features:

This is a fully white-label, self-managed platform that allows you to provide your customers with comprehensive core banking functions, personal financial management tools, targeted deals, and social sharing features. By combining these features, you are able to drive greater user engagement, increase brand touchpoints, and build customer loyalty in ways previously unavailable.

The analytics produced by the UFT Platform also drive growth in other areas of your business, such as lending or other complementary offerings. The UFT Platform connects directly to your core or third-party processor, has fully integrated analytics reporting capabilities, and plug-ins for all necessary customer care and compliance systems.

Presenters: COO Kasey Kaplan and Chief Product and Brand Officer Mark Kilpatrick

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Product Launch: June 2014
Metrics: To date we have raised $14.5 million; currently employ 32 people throughout 3 offices; and service 700,000 registered users.
Product distribution strategy: Direct to Business (B2B), through financial institutions

HQ: New York City, New York
Founded: May 2012
Website: urbanft.com

ID Analytics’ ID Network Limits Data Entry During Account Opening

ID Analytics’ ID Network Limits Data Entry During Account Opening

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

IDAnalyticsLogoID Analytics demonstrated how its ID Network verifies consumers’ identities:

For organizations aspiring to easier, simpler experiences in digital channels, especially mobile, the new enrollment solution from ID Analytics provides a fast, easy, and secure way to enable consumers to open new accounts. Unlike mobile apps that have lengthy forms and cumbersome authentication processes, our enrollment solution uses sophisticated matching analytics to fill in the required data fields instantly, verify the consumer’s identity, and score the applicant for identity fraud in real time. Powered by the ID Network®, our solution automatically and accurately confirms valid identities in real time with the input on only a few pieces of information.

Presenters: From id:analytics innovation and new ventures: VP Aaron Kline; Product Manager Tim Manglona

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Product Launch: September 2015
Product distribution strategy: Direct to Business (B2B)

HQ: San Diego, California
Founded: 2002
Website: idanalytics.com
Twitter: @ID_Analytics

Trading Ticket Debuts Trade It Mobile Brokerage App

Trading Ticket Debuts Trade It Mobile Brokerage App

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

tradeItLogoTrading Ticket launched its mobile brokerage app, Trade It:

Trade It is introducing the first universal mobile brokerage application. The universal application lets a customer complete a simple application by capturing information from their license and LinkedIn profile in one simple, easy-to-fill-out form. Trade It enables online brokers to bid for a customer’s application and to instantly complete the application process for the consumer. Consumers get choice, brokers get qualified accounts, and everyone gets a beautifully designed, innovative, frictionless application-process, compliant with most major brokerages.

Presenters: Co-founders of Trading Ticket, Nathan Richardson and Serge Kreiker

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Product Launch: December 2015
Metrics: 5 employees; 10 partners; 25% open rate; 80% mobile
Product distribution strategy: Direct to Consumer (B2C), Direct to Business (B2B), through financial institutions, licensed

HQ: New York City, New York
Founded: September 2014
Website: trade.it
Twitter: @tradingticket

How additiv’s investomat Uses Theme-based Investing

How additiv’s investomat Uses Theme-based Investing

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

AdditivLogoNext, additiv debuted investomat, a European-focused robo-adviser:

Investomat is a robo-adviser developed for a Swiss cantonal bank, Glarner Kantonalbank. The new offer is aimed at Swiss and European resident clients with a minimum of CHF 5,000 investable assets. Investomat operates on a theme-based investment approach in diversified and mean variance-optimized portfolios. At present, the bank provides eight investable themes that are replicated using ETFs from various providers.

The entire solution is based on additiv’s Digital Finance Suite (DFS) and includes the digital offering for the client (online application and onboarding, online cockpit) and the front- and middle-office functionalities to manage the client offering end-to-end at lowest cost.

Presenter: Michael Stemmle, CEO and founder; Adriano Lucatelli, board member not pictured

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Product Launch: January 2015
Product distribution strategy: Direct to Business (B2B), through financial institutions Licensed

HQ: Zurich, Switzerland
Founded: 1998
Website: additiv.com

CellTrust Helps Separate Work Communications From Personal on Mobile Devices

CellTrust Helps Separate Work Communications From Personal on Mobile Devices

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

CellTrustLogoCellTrust demonstrated how SecureLine creates a separate persona for work communications on a mobile device:

CellTrust SecureLine™ is a leading enterprise solution for secure voice and secure SMS that empowers the workforce with seamless mobile communications that can be secured, traced and archived. The CellTrust SecureLine app creates a dual persona on the device by clearly separating work and personal mobile communications by issuing a separate Mobile Business Number (MBN).

The MBN contains all business communications, allowing corporations to have access only to specific work-related data and not the employee’s personal data. This ultimately gives employees the freedom to have secure on-the-go business communications without compromising their personal information while allowing corporations to secure and maintain sensitive business data on a single device. The powerful app supports enterprise mobile communication, eDiscovery and compliance to give leading organizations a competitive advantage by balancing mobile productivity, risk and control.

Presenters: Brian Panicko, SVP, global sales strategy; Dragan Marceta, director, sales engineering

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Product Launch: May 2014
Metrics: $10.1 million Series A funding, December 2014
Product distribution strategy: Direct to Business (B2B) and through our integrated ecosystem of partners including leading device, MDM, EEM, carriers, archivers and resellers to drive rapid growth and give customers the best mobility solution at the lowest total cost of ownership

HQ: Scottsdale, Arizona
Founded: December 2006
Website: celltrust.com
Twitter: @celltrust

TransferTo’s Mobile Money Hub Brings Efficiency to Remittances

TransferTo’s Mobile Money Hub Brings Efficiency to Remittances

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

TransferToLogoTransferTo showed how its Mobile Money Hub enables consumers to send remittances directly to a mobile wallet:

TransferTo’s Mobile Money Hub provides a fully compliant single point of access for financial institutions and Mobile Money Hub’s operators worldwide. We are demonstrating the process that a customer performs when going online to send money directly to a mobile wallet. Believe it or not, those of us in the West are quite unfamiliar with the simplicity of mobile money-transfers. We are revealing the efficiency of remittance via Mobile Money Hub to the Finovate audience.

Presenters: TransferTo’s CEO Eric Barbier and EVP of Mobile Money Hub, Charles Damen

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Product Launch: September 2015
Product distribution strategy: Direct to Business (B2B)

HQ: San Francisco, California
Founded: 2005
Website: transfer-to.com
Twitter: @TransferTo