Bendigo and Adelaide Bank Introduces a Mobile Payments Platform with its Own Virtual Currency

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This post is part of our live coverage of FinovateEurope 2015.
 
Bendigo and Adelaide Bank showed how its redy mobile payments platform helps users connect with causes that are important to them:

redy is a mobile payments platform that enables customers to transact with registered redy businesses, but it is more than just a way to pay. Each purchase earns a percentage of the transaction value—’Creds,’ a virtual currency—which can be redeemed for personal use or donated to community projects or charities.

Consumers can also complete direct mobile donations from redy simply by scanning the code in either the charity’s, or project’s marketing material. redy connects shoppers and businesses to causes that are important to them and is therefore a marketing tool to encourage local buying.

Presenters: Robert Musgrove, executive community engagement, and 
Rick van Emmerik, mobility manager
 
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Product launch: June 2014
Metrics: Please reference our Group Companies page at bendigoadelaide.com.au
Product distribution strategy: Direct to Consumer (B2C), Direct to Business (B2B)
HQ: Victoria, Australia
Founded: 1858
Twitter: @bendigobank

investUP Offers Access to All U.K. Crowdfunding Sites

investUP_hires_logo_box.jpgThis post is part of our live coverage of FinovateEurope 2015.

investUP’s platform serves as a single point for U.K. investors to access the crowdfunding market.

investUP offers a centralised access point to the entire United Kingdom crowdfunding market, and includes deals originated by traditional finance providers.

Current investor pain points: Searching for the best deals on all the different sites is time-consuming, and the post-investment experience is lacking. investUP makes it possible for client investors to have just one account and manage one portfolio, whilst still accessing and investing on all their favorite sites.

 

Presenters: CEO James Tuckett, and Marketing Director Dominik Wolf
 
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Product launch: Spring 2015

Metrics: 1,500 pre-registered investors; 10 crowdfunding sites signed up; £340,000 pounds seed capital raised to date; 8 full-time employees; $50 million institutional placement in year one

Product distribution strategy: Direct to Consumer (B2C), Direct to Business (B2B) through financial institutions and through other fintech companies and affiliate platforms

HQ: London, United Kingdom
Founded: 2012

Website: investup.co
Twitter: @investwithUP

Pirean Launches Identity and Access Management as a Service

PireanLogo.jpgThis post is part of our live coverage of FinovateEurope 2015.

Pirean has launched Identity and Access Management as a Service.
Identity and Access Management as a Service for Financial Services is a turnkey solution for managing cloud and data-centre applications that:

• Improves productivity for employees, partners, and customers through single sign on to key resources
• Improves security and provides insight regarding user access to systems
• Delivers better services to more users rapidly, enabling new products and services to be extended to your user population

Quick to deploy and easy to use, our solution is built upon Pirean’s Access: One, our award-winning access-management platform that offers an unrivaled capability to deliver business-process integration and on-brand user-experience management while integrating and reusing existing infrastructure.

Presenters Rob Macgregor, principal consultant & Access: One’s product manager; Rob Blowers, development team lead

 
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Product launch: February 2015
Metrics: Pirean is a private, self-funded company; 55 employees
Product distribution strategy: Direct to Consumer (B2C), Direct to Business (B2B)
HQ: London, United Kingdom
Founded: May 2002
Website: pirean.com
Twitter: @Pirean

Onlinepay.com Debuts Mobile Wallet for Social Payments

OnlinepayLogo2.jpgThis post is part of our live coverage of FinovateEurope 2015.

Onlinepay.com debuted its mobile wallet, designed for mobile shopping and social payments. to top up accounts, and to share money with friends.

Top up your wallet with a credit card and withdraw money from your e-wallet account.

Share your money with your friends! For example, Michael can send Sofia money for a coffee or John can charge Anna for movie tickets. The information about sharing will be reflected in the global newswire of the app.

Make purchases directly from your mobile phone. There are several categories of goods in the mobile shopping tab, including clothing, sports gear, music and much more. You can top up your gaming account directly from your mobile phone, without leaving the game.

Share, Buy and Top Up!

 

Presenters: Director Vladimir Kovalevskii; Marketing Manager Anfisa Chernaya
 
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Product launch: December 2014 in AppStore
Product distribution strategy: Direct to Consumer (B2C), Direct to Business (B2B)
Founded: December 2014
Website: onlinepay.com
Twitter: @OnlinePaydotcom

Financial Media Solutions Makes Financial Analysis Easier to Digest

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This post is part of our live coverage of FinovateEurope 2015.
 
Financial Media Solutions (FMS) showed how it brings life to financial statements.

Those attempting to read financial analysis from a PDF on their smartphone will understand the issue. How do institutions create financial content that is compatible for mobile users?

The answer is with MAPPS – Market Analysis Production and Publishing Solution. Operating from the cloud, MAPPS makes it simple to combine dynamic graphics with an audio message, enabling financial analysis and concepts to be delivered in concise, engaging videographic formats.

As client attention spans shorten—research indicates about 90 to 120 seconds is all the time you have to get a video message across—financial content needs to come in dynamic, bite-size formats that clients can easily digest. This is exactly what MAPPS delivers.

 

Presenters: Owner and CEO Ian Park; Marketing Director Christopher Thomas
 
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Product launch: January 2011
Metrics: Self financed, less than $100,000; six employees, two clients
Product distribution strategy: Direct to Business (B2B) through financial institutions and through other fintech companies and platforms; licensed
HQ: Walchwil, Zug, Switzerland
Founded: January 2011
Twitter: @MAPPSvid

Meniga Launches Card-Linked Offers Solution

MenigaLogo.jpgThis post is part of our live coverage of FinovateEurope 2015.

Meniga debuted Market Match, a new card-linked offers platform.

Meniga’s transaction-data analytics and enrichment engine enables it to deliver uniquely targeted and relevant offers to the consumers on its platform. Meniga puts offers, insights, and notifications into the context of consumer financial management, integrated as part of new-generation PFM. A fun, engaging Facebook-like feed that transforms how people interact with their finances, and how banks interact with their customers.

Meniga’s Market Match is a data-driven card-linked offers (CLO) platform that allows financial institutions to provide merchant-funded offers to their online customers using the power of PFM. Meniga’s PFM Solution has received multiple awards for innovation, such as “Best of Show” at FinovateEurope in 2011 and 2013, and boasts market-leading adoption and retention metrics.

Presenters: CEO and Co-founder Georg Ludviksson; VP Product Management Einar Gustafsson
 
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Product launch: February 2015

Metrics: $8.5 million raised; 100+ employees; more than 20 million online banking users
Product distribution strategy: Direct to Business (B2B), through financial institutions

HQ: Reykjavík, Iceland
Founded: March 2009

Website: meniga.com
Twitter: @meniga

Bitbond Launches AutoInvest Feature for Bitcoin-Based Peer-to-Peer Lending Platform

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This post is part of our live coverage of FinovateEurope 2015.
 
Bitbond launched AutoInvest feature for its bitcoin-based P2P lending platform.

Bitbond AutoInvest allocates funds on behalf of lenders according to their chosen investment profile. AutoInvest will create a loan portfolio according to predefined criteria. The criteria are: investment amount, risk category, base currency, and regions. The regions are North America, Latin America, the Caribbean, Europe, Central Asia, the Middle East, North Africa, Sub-Saharan Africa, Asia, and the Pacific.

The exciting thing about portfolio building according to a profile is that Bitbond allows you to invest automatically into a globally diversified loan portfolio at 0% fees.

Presenters: Co-founders Radoslav Albrecht, CEO, and Robert Nasiadek, CTO
 
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Product launch: February 2015
Metrics: €200,000 equity raised; 4 employees; more than 6,000 signed-up users from 120 countries
Product distribution strategy: Direct to Consumer (B2C), Direct to Business (B2B), through other fintech companies and platforms
HQ: Berlin, Germany
Founded: January 2013
Website: bitbond.com
Twitter: @Bitbonds

WS Integration’s New Xceptor Version Adds Flexibility to Back Office Operations

WSIntegrationLogo.jpgThis post is part of our live coverage of FinovateEurope 2015.

WS Integration debuted the new version of Xceptor.

Xceptor v4.0 is the next generation of our platform product and is a significant step forward in terms of usability and functionality. Responding to client requests, we have improved many core pieces of the product, such as data-input methods, administration pages and analytics/reporting.

These changes increase the efficiency of setting up and maintaining new processes, adding further flexibility to the use of Xceptor within back and middle office operations.

Presenters: Director Dan Reid, and Executive James Farrell, business development 
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Product launch: March 2015
Product distribution strategy: Direct to Business (B2B)
HQ: London, United Kingdom
Founded: 2003
Twitter: @ws_integration

PhotoPay Debuts BlinkOCR to Replace Data Entry

PhotoPayLogo.jpgThis post is part of our live coverage of FinovateEurope 2015.

PhotoPay showed how its blinkOCR replaces manual data entry.

PhotoPay’s blinkOCR is a camera text recognition SDK for mobile apps. blinkOCR allows real-time operation for customers to replace manual payment or other data entry. It uses a smart scan through a mobile-device camera in customers’ mobile-banking and payment apps.

Smart, contextual scanning works from nonstandardized paper, card or other onscreen documents and forms. blinkOCR contextually recognizes data often required to be manually typed in, such as IBAN, BIC/SWIFT, reference numbers, amounts, emails, URL or other data fields. blinkOCR reduces integration costs and risks by performing locally on the device without the use of an internet connection. Its simple API and small footprint makes it very easy to integrate.

Presenting Izet Zdralovic, co-founder & director, sales & marketing;
 CTO Jurica Cerovec, co-founder

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Product launch: Q1 2015
Metrics: Self-funded, 13 employees, working with banks in more than 10 countries; more than 10 million end-users of PhotoPay technology
Product distribution strategy: Direct to Business (B2B), through financial institutions, through other fintech companies and platforms, licensed
HQ: London, United Kingdom
Founded: March 2013
Website: photopay.net
Twitter: @PhotoPay

eToro Introduces Social Trading for Generation Y

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This post is part of our live coverage of FinovateEurope 2015.
eToro debuted its platform for the new generation of traders:
The company that started out as a gamifier of trades, introduced the world to its social investing network, and created the concept of CopyTrading, is now reinventing its own domain. eToro is introducing a whole new way to trade for the Gen Y population – social trading like you’ve never seen before.
Presenters: Yoni Assia, CEO and founder; Tal Ben-Simon, VP product

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Product launch: February 2015 at FinovateEurope
Metrics: £48 million raised to date from venture capital and private investors; 4 million users worldwide; 130 million trades on the platform since inception
Product distribution strategy: Direct to Consumer (B2C)
HQ: London, United Kingdom
Founded: January 2007
Website: etoro.com
Twitter: @eToro

Backbase Launches Omnichannel Journey Manager

BackbaseLogo.jpgThis post is part of our live coverage of FinovateEurope 2015.

Backbase showed how it’s bringing omnichannel options to the user experience:

Backbase is launching the latest version of the Backbase Customer Experience Platform at FinovateEurope 2015, with a strong focus on the omnichannel customer journey and journey management.

Completely new in this release of Backbase CXP is the Backbase Omnichannel Journey Manager, giving direct insight in the multiple touchpoints in a customer’s typical journey, with the option to directly dive in and fix inconsistencies.

A lot of digital banking providers and software vendors talk omnichannel. We make it real and visible. With the new Backbase Journey Manager, we give Channel Managers at Financial Institutions direct insight into how multiple channels are being used and where the most common handover points are (the moments of truth).”

 

Presenters: Jouk Pleiter, CEO & founder; Jelmer de Jong, global head of marketing
 
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Product launch: February 2015
Metrics: Privately owned; 250+ employees; offices in New York, Atlanta, London, Moscow and Singapore; technology used by more than 40 large financials across the globe
Product distribution strategy: Direct to Business (B2B) through financial institutions, through other fintech companies and platforms
HQ: Amsterdam, The Netherlands
Founded: April 2003
Website: backbase.com
Twitter: @backbase

Dynamics Debuts its Multi-Currency Card to Help Travelers Avoid Cross Border Transaction Fees

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This post is part of our live coverage of FinovateEurope 2015.
 
Dynamics debuted its multi-currency card to help travelers avoid cross border transaction fees.
Dynamics was founded and seeded in 2007 by Jeff Mullen, its president and CEO. Dynamics produces and manufactures intelligent powered cards, such as advanced payment cards. Focused on introducing fast-cycle innovation to top card issuers, the company’s first commercial application is the world’s first fully card-programmable magnetic stripe for use in next-generation payment cards.
Presenter: Jeff Mullen, CEO
 
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HQ: Pittsburgh, Pennsylvania, U.S.A.
Founded: November 2007
Twitter: @DynamicsInc