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.
Author: Julie Muhn (@julieschicktanz)
investUP Offers Access to All U.K. Crowdfunding Sites
This post is part of our live coverage of FinovateEurope 2015.
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.
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
This post is part of our live coverage of FinovateEurope 2015.
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
Onlinepay.com Debuts Mobile Wallet for Social Payments
This post is part of our live coverage of FinovateEurope 2015.
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!
Financial Media Solutions Makes Financial Analysis Easier to Digest
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.
Meniga Launches Card-Linked Offers Solution
This post is part of our live coverage of FinovateEurope 2015.
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 GustafssonProduct 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 institutionsHQ: Reykjavík, Iceland
Founded: March 2009Website: meniga.com
Twitter: @meniga
Bitbond Launches AutoInvest Feature for Bitcoin-Based Peer-to-Peer 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.
WS Integration’s New Xceptor Version Adds Flexibility to Back Office Operations
This post is part of our live coverage of FinovateEurope 2015.
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.
PhotoPay Debuts BlinkOCR to Replace Data Entry
This 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.
eToro Introduces Social Trading for Generation Y
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.
Backbase Launches Omnichannel Journey Manager
This post is part of our live coverage of FinovateEurope 2015.
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).”
Dynamics Debuts 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.