Author: Julie Muhn (@julieschicktanz)

Geezeo Launches TruBusiness to Help FIs Engage Business Customers

Geezeo Launches TruBusiness to Help FIs Engage Business Customers
By Julie Muhn (@julieschicktanz) Posted on
Categories: FinovateFall 2014, Geezeo
This post is part of our live coverage of FinovateFall 2014.
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Geezeo debuted TruBusiness, a white-label financial management tool for businesses:

“Small and middle market businesses represent critical markets for FIs. TruBusiness is a white label business financial management tool that helps FIs better engage the market. At the same time, the tool offers robust online financial management to business banking clients, offering business customers and FIs predictive insight and capability beyond the expected.”
Presenting: Shawn Ward, CEO and Peter Glyman, President
GeezeoHomepage
Product Launch: November 2014
Metrics: Geezeo, a rapidly growing, established FinTech firm, is privately held, has 30 employees, and over 300 financial institutions as clients.
Product distribution strategy: Like all Geezeo products, we expect our business financial management solution will be offered to financial institutions directly and via channel partners through other fintech companies with a keen interest in the small to mid-size business banking market.
HQ: Tolland, CT
Founded: June 2006
Website: geezeo.com 
Twitter: @Geezeo

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Minetta Brook’s KNEWSAPP Helps Traders Surface Developing News Stories

Minetta Brook’s KNEWSAPP Helps Traders Surface Developing News Stories
By Julie Muhn (@julieschicktanz) Posted on
Categories: FinovateFall 2014, Minetta Brook
MinettaBrookLogo

This post is part of our live coverage of FinovateFall 2014.

Minetta Brook launched KNEWSAPP:
“Minetta Brook is launching a web application version of KNEWSAPP, a real-time news scoring and discovery application that is currently available only on the Bloomberg Professional™ platform. KNEWSAPP allows trading and investment professionals to take advantage of news related market inefficiencies by surfacing tickers, topics, and stories that are currently developing in the news. 
This web based product democratizes access to our ground-breaking, real-time, content-discovery technology and to our proprietary scores that lets you surface developing stories from across the entirety of news.”
Presenting: Deepak Bharadwaj, CEO & Founder and Viplav Nigam, VP Engineering
MinettaBrookHomepage
Product Launch: September 2014
Metrics: $2.4M in funding, 10 employees, over 100 firms in trial & beta, 40,000+ news sources
Product distribution strategy: Direct to Consumer (B2C), Direct to Business (B2B), through other fintech companies and platforms
HQ: Seattle, WA
Founded: September 2011
Website: knewsapp.com
Twitter: @knewsapp

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NopSec’s Unified VRM Scans for IT Vulnerabilities

NopSec’s Unified VRM Scans for IT Vulnerabilities
By Julie Muhn (@julieschicktanz) Posted on
Categories: FinovateFall 2014, Nopsec
This post is part of our live coverage of FinovateFall 2014.
NopSecLogo

NopSec demonstrated how Unified VRM helps FIs scan for and manage IT vulnerabilities:

“Cloud-based vulnerability risk management SaaS.
Unified VRM helps businesses holistically manage IT security vulnerabilities, on premises and in the cloud, in a unified, proactive, and flexible way. Unified VRM aggregates the results of vulnerability scanners, proactively prioritizes vulnerabilities based on business risk, and expedites remediation by streamlining the ticketing process and reports. 
Unified VRM is different from legacy vulnerability scanners in 3 ways: 
1. Focus on remediation – remediation is easier when you know what to fix
2. Automate the process – no more burdensome manual tasks
3. Software that just works – eliminate complexity, improve visibility, and glean insights for better decision making”
Presenting: Steven Leonard, CMO and Michelangelo Sidagni, CTO
NopSecHomepage
Product Launch: November 2011
Product distribution strategy: Direct to Business (B2B), licensed
HQ: New York, NY
Founded: January 2009
Website: nopsec.com
Twitter: @nopsec

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SAS Games’ Platform Helps Students and Families Afford College

SAS Games’ Platform Helps Students and Families Afford College
By Julie Muhn (@julieschicktanz) Posted on
Categories: FinovateFall 2014, SAS Games
This post is part of our live coverage of FinovateFall 2014.
SASGamesLogo

SAS Games debuted TiViTz College $avings Game-a-thon:

“The TiViTz College $avings Game-a-thon is a market disruptive tool that complements existing financial savings vehicles and provides a solution for families to offset potential student loan debt and help cover the cost of higher education. The Game-a-thon (where students solicit pledges online from friends and family for playing TiViTz games) is similar to a Walk-a-thon fundraiser, only fully automated from pledge solicitation to fund deposit into a savings vehicle.  
The Game-a-thon is positioned to fundamentally change the way families think about affording college and to significantly empower children to take responsibility for and contribute to their own advanced education . . . all while improving their math skills and financial literacy.”
Presenting: Siobhan Mullen, CEO and Stephen Scully, President
SASGamesHomepage
Product Launch: November 2014
Metrics: SAS Games has raised over $5M from angel investors to develop the various TiViTz products, tournaments, and programs. The company has 10 employees to manage tournaments, events, operations, marketing, and promotions, as well as product development with our game developers in Europe (Unit9) and software tool developers based in California and Japan with programmers in Vietnam (SETA International).
Product distribution strategy: Direct to Consumer (B2C), through financial institutions, through other fintech companies & platforms, licensed
HQ: Cocoa, FL
Founded: February 2004
Product Demoed: TiViTz College $avings Game-a-thon

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Thinknum’s Collaboration Tools Help Analysts Build Better Financial Models

Thinknum’s Collaboration Tools Help Analysts Build Better Financial Models
By Julie Muhn (@julieschicktanz) Posted on
Categories: FinovateFall 2014, Thinknum
This post is part of our live coverage of FinovateFall 2014.
ThinknumLogo

Thinknum showed how it helps financial analysts build better financial models:

“There are many financial technology corporations that specialize in writing data to users. However, as financial analysts, we saw firsthand how there is no software to manage and leverage the content we created. So we built Thinknum, enabling analysts to take advantage of collaboration tools and cloud computing to build better financial models.”
Presenting: Justin Zhen, Co-Founder
ThinknumHomepage
Product Launch: December 2013
Metrics: $1M raised, 3,500 analysts on the platform
Product distribution strategy: Direct to Business (B2B), through financial institutions
HQ: New York, NY
Founded: December 2013
Website: thinknum.com 
Twitter: @thinknum

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Cachet Financial Solutions Debuts Select MobileMoney

Cachet Financial Solutions Debuts Select MobileMoney
By Julie Muhn (@julieschicktanz) Posted on
Categories: Cachet Financial Solutions, FinovateFall 2014
CachetFSlogo

This post is part of our live coverage of FinovateFall 2014.

Cachet Financial Solutions demonstrated how financial institutions can offer their prepaid cardholders a mobile app:
“Cachet’s Select MobileMoney enables financial institutions to offer their prepaid cardholders a full suite of financial services in one easy-to-use mobile application. Expedited bill pay, remittance, card to card transfer, mobile deposit and other key financial services are available to the prepaid cardholder anywhere and anytime, eliminating the inconvenience and cost of accessing multiple providers for everyday financial services. 
A key differentiator, Select MobileMoney’s powerful backend analytic tools enable prepaid card providers to monitor mobile app usage, segment cardholders based on behavior and keep them engaged by sending push notifications with relevant marketing offers linked to their behavior.”
Presenting: Youri Bebic, SVP Mobile Innovations and Kimberly Timmons, Relationship Manager
CachetFSHomepage
Product Launch: October 2013
Metrics: More than $35M raised since inception, 58 employees, went Public in July 2014 
Product distribution strategy: Through financial institutions, through other fintech companies and platforms
HQ: Minneapolis, MN
Founded: 2010
Twitter: @CachetFinancial

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Matchi’s Platform Hosts Innovation Challenges to Encourage Collaboration with Banks

Matchi’s Platform Hosts Innovation Challenges to Encourage Collaboration with Banks
By Julie Muhn (@julieschicktanz) Posted on
Categories: Uncategorized
This post is part of our live coverage of FinovateFall 2014.
MatchiLogo

Matchi demonstrated how its platform connects innovators and bankers:

“Matchi is a global innovation matchmaking platform that has rapidly gained momentum in the world fintech market with both innovators and banks. The Matchi platform enables innovators to showcase latest, market ready innovations, and for banks to source these innovations from anywhere in the world. 
Member banks cannot only see innovations from around the world, but also can post innovation challenges to the Matchi innovators community. Moreover, Sponsor Banks (all non-competing) on the Matchi platform are encouraged to collaborate and share innovations, as well as enjoy first viewing rights to innovations as they are logged.”
Presenting: David Milligan, CEO, Matchi, Warren Bond, Co-Founder, Matchi, and Simon Jenkins, Director, Advisory Services, KPMG
MatchiHomepage
Product Launch: November 2013
Metrics: 30 Member Banks signed up since launch, 3 Sponsor Banks, New Innovations logged daily
Product distribution strategy: Direct to Business (B2B)
HQ: Central, Hong Kong
Founded: November 2013
Website: matchi.biz
Twitter: @matchibiz

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Yodlee Launches Solution to Help FIs Take Advantage of APIs

Yodlee Launches Solution to Help FIs Take Advantage of APIs
By Julie Muhn (@julieschicktanz) Posted on
Categories: FinovateFall 2014, Yodlee
This post is part of our live coverage of FinovateFall 2014.
YodleeLogo

Yodlee launched APInnovation:

“Application Programming Interfaces (APIs) are the rage, but if you’re a financial institution – or a company with complicated systems and data connections – then taking advantage of APIs can be daunting or even impossible. Yodlee is changing that with a single API and customized developer portal, built for each customer, and exposable to developers in a secure and compliant way. 
With the data, the API, and the tools to build and create, financial institutions are free to innovate with speed and agility. For example, enabling consumers to “invest their change” in stocks – a cool new idea, and a big win for institutions AND consumers.”
Presenting: John Bird, Product Marketing, Yodlee; Jon Petz, Product Evangelist, Yodlee; and Avi Lele, CEO, Stockpile
YodleeHomepage
Product Launch: September 2014
Metrics: Yodlee is a global financial technology leader with 750+ customers, 64 US patents, millions of users, and more than 900 employees worldwide. From leading financial institutions to Fortune 500 Internet companies to the coolest startups, Yodlee powers the services shaping today’s digital customer experiences.
Product distribution strategy: Direct to Business (B2B)
HQ: Redwood City, CA
Founded: February 1999
Website: yodlee.com
Twitter: @Yodlee

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BioCatch’s Behavioral Biometrics Uses Its Invisible Challenges Mechanism to Determine User Behavior

BioCatch’s Behavioral Biometrics Uses Its Invisible Challenges Mechanism to Determine User Behavior
By Julie Muhn (@julieschicktanz) Posted on
Categories: BioCatch, FinovateFall 2014
biocatch_logo

This post is part of our live coverage of FinovateFall 2014.

BioCatch showed off its behavioral biometrics technology:
“BioCatch is a cognitive behavioral biometrics technology that tracks how users interact with web and mobile applications. At the core of the technology lies a unique, patent-pending Invisible Challenges mechanism. This mechanism is responsible for the interaction of the user with the application. 
Whenever a user interacts with an application, a subtle dynamic cognitive challenge is injected, and the user responds without being aware to the fact it was there.”
Presenting: Uri Rivner, Co-Founder & VP, Business Development & Cyber Strategy
BioCatchHomepage2
Product Launch: April 2013
Metrics: $10M raised, 25 employees
Product distribution strategy: Direct to Business (B2B), through partners
HQ: Lod, Israel
Founded: April 2011
Website: biocatch.com
Twitter: @biocatch1

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Vantiv’s Platform Gives Developers a Single, Simplified Integration

Vantiv’s Platform Gives Developers a Single, Simplified Integration
By Julie Muhn (@julieschicktanz) Posted on
Categories: FinovateFall 2014, Vantiv
This post is part of our live coverage of FinovateFall 2014.
VantivLogo

Vantiv launched TriPOS, a payment integration platform:

“Introducing the next generation of simple and secure payment integration platform solutions. The PA-DSS validated application provides software developers with a single, simplified integration. 
Compatible with a wide range of hardware devices, connects to all authorization providers, supports a comprehensive suite of transaction protocols (including EMV), and removes the business software application from PCI scope.”
Presenting: Coy Christensen, VP Product Management and Jesse Kunicki, Development Manager
VantivHomepage
Product Launch: 2014
Metrics: Public Company as of March 2012 (NYSE:VNTV), 3,300 Employees, 2013 
Product distribution strategy: Direct to Business (B2B), through other fintech companies and platforms
HQ: Cincinnati, OH
Founded: 40 Years of Payment Processing Innovation; became a Public Company in March 2012 
Performance: $1.17B Net Revenue and third largest merchant transaction acquirer in the USA
Website: vantiv.com 
Twitter: @Vantiv

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Kabbage Launched Karrot, a Consumer Marketplace Lending Product

Kabbage Launched Karrot, a Consumer Marketplace Lending Product
By Julie Muhn (@julieschicktanz) Posted on
Categories: FinovateFall 2014, Kabbage
This post is part of our live coverage of FinovateFall 2014.
KabbageLogo

Kabbage launched Karrot.com:

“Kabbage is launching the only fully automated consumer marketplace lending product in the industry to complement its leading position in SMB lending.”
Presenting: Rob Frohwein, CEO & Co-Founder and Kathryn Petralia, COO & Co-Founder
KabbageHomepage
Product Launch: September 2014
Metrics: $106M in equity 
Product distribution strategy: Direct to Consumer (B2C), Direct to Business (B2B), technology licensing and services
HQ: Atlanta, GA
Founded: February 2009
Website: kabbage.com
Twitter: @kabbageinc

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BlueVine Helps Companies with Lumpy Cash Flow

BlueVine Helps Companies with Lumpy Cash Flow
By Julie Muhn (@julieschicktanz) Posted on
Categories: BlueVine, FinovateFall 2014
BlueVineLogo2

This post is part of our live coverage of FinovateFall 2014.

BlueVine showed how it can provide funds for small businesses quickly to solve cash flow issues:
“BlueVine gives small businesses an advance on their invoices that they can use to cover expenses or grow their business. We integrate with the most popular cloud accounting software so SMBs can request funds with a click of a button. There is no cost to sign up, no minimum volume requirements, and no termination fees. We offer businesses both discretion over their customer relationships, and control over their financing needs.
BlueVine works with B2B companies with invoice terms of 15 to 90 days and funds invoices with a face value of $500 or more. Customer credit lines typically start between $5,000 and $15,000 and can go up $50,000. Funds can be available as fast as 24 hours, and sooner for returning customers.”
Presenting: Eyal Lifshitz, CEO and Edward Castaño, VP Operations
BlueVineHomepage
Product Launch: March 2014
Metrics: $5.5M raised, 15 employees
Product distribution strategy: Direct to Business (B2B)
HQ: Palo Alto, CA
Founded: July 2013
Website: bluevine.com 
Twitter: @BlueVineCapital

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