Author: Julie Muhn (@julieschicktanz)

Finovera’s Bill Management Platform Serves as a Financial Hub for Customers

Finovera’s Bill Management Platform Serves as a Financial Hub for Customers
By Julie Muhn (@julieschicktanz) Posted on
Categories: FinovateFall 2014, Finovera
Finoveralogo

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

Finovera shows off how its platform can serve as a financial hub for customers:
“Imagine Bill Management the way you have always dreamed it could be: simple, attractive, convenient, and mobile. Imagine all your bills automatically delivered to you every month in a neatly organized Inbox on your bank site so you can pay them with the click of a button effortlessly from your checking account or on the biller site with a credit card. 
Now if you are a banker, imagine being able to transform your bank site into a customer’s Financial Hub that lowers attrition, increases revenue, and reduces cost.”
Presenting: Purna Pareek, CEO and Amanda Zepeda, Marketing Manager
FinoveraHomepage
Product Launch: September 2014
Product distribution strategy: Direct to Business (B2B), through financial institutions, through other fintech companies and platforms, licensed
HQ: Milpitas, CA
Founded: April 2012
Website: finovera.com
Twitter: @finovera

Share this:

Send Post Twitter LinkedIn Facebook

Business Centric Services Group’s Modular Approach Gives Clients Flexibility

Business Centric Services Group’s Modular Approach Gives Clients Flexibility
By Julie Muhn (@julieschicktanz) Posted on
Categories: Business Centric Services Groups, FinovateFall 2014
BCSGLogo

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

Business Centric Services Group (BSCG) demonstrated how its EE Business apps allow for customizable solutions for individual clients:
“Winning and working on a deal with the UK’s largest Telco has recently demonstrated how we have created a cutting edge platform that allows banks and Telcos to offer value added services to their small businesses. 
The modular approach taken creates a competitive advantage for us. It means that clients can pick and choose from a menu of features to decide which modules they want to have, making the platform completely ‘tailorable’ for individual clients. The platform also offers further flexibility and customization that many businesses are looking for.”
Presenting: John Davis, Managing Director and Andrew Garney, Commercial Manager
BSCGHomepage
Product Launch: June 2014
Metrics: Our business app market now reaches over 4M small businesses worldwide; hundreds of thousands of SMBs have subscribed to our platforms. The company has quickly grown from 10 employees to 110, with 30% of this staff growth coming in the past 12 months. Our revenue has shown a 56% increase from 2012 to 2013 and a further 40% in 2014.
Product distribution strategy: Through financial institutions, through other fintech companies and platforms
HQ: London, UK
Founded: April 2008
Website: bcsg.com
Twitter: @BCSGcloud

Share this:

Send Post Twitter LinkedIn Facebook

With the mCASH Network, Customers Use Their Phone Number to Pay

With the mCASH Network, Customers Use Their Phone Number to Pay
By Julie Muhn (@julieschicktanz) Posted on
Categories: FinovateFall 2014, mCASH
This post is part of our live coverage of FinovateFall 2014.
mCASH debuted its mobile transaction network:
mCash_logoff2014
“We offer real-time, person-to-person transactions with your mobile phone number as the destination address and a funding source of your choice. You can charge your bank account, debit or credit card, pre-paid balance, or a line of credit. Furthermore, mCASH enables merchants to accept payments in any channel using the hardware they already have, including mobile merchants using a smartphone.
The underlying payments engine, running on Google App Engine, is the core of mCASH. The payments engine handles several thousand transactions per minute, advanced fraud and AML prevention, complex transaction processing, and ensures API based secure and real-time communication between FIs, off and online merchants, and end users.”
Presenting: Daniel Døderlein, CEO & Founder and Anders Nicolai Bakke, COO
mCASHHomepage
Product Launch: March 2014
Metrics: Operating under a EU E-money license, $9.5M in funding (seed/series A), 25 employees, several high profile customers and partners
Product distribution strategy: Direct to Consumer (B2C), Direct to Business (B2B), through financial institutions, through other fintech companies and platforms
HQ: Oslo, Norway
Founded: January 2010
Website: mca.sh 
Twitter: @PaywithmCASH

Share this:

Send Post Twitter LinkedIn Facebook

TickSmith Seeks to Disrupt Financial Data Management Using Big Data Platforms

TickSmith Seeks to Disrupt Financial Data Management Using Big Data Platforms
By Julie Muhn (@julieschicktanz) Posted on
Categories: FinovateFall 2014, TickSmith
This post is part of our live coverage of FinovateFall 2014.
TickSmithLogoNew

TickSmith debuted TickVault and FIXVault:

“TickSmith is presenting its TickVault and FIXVault financial big data platforms. TickSmith’s platforms provide specific solutions to participants in the brokerage and trading ecosystem, from exchanges to financial institutions, vendors, and regulators. Offered as cloud services and managed platforms, these solutions are disrupting financial data management practices and providing new opportunities to exploit financial data. 
TickSmith’s customers and partners use these platforms as data distribution portals, add ons to trading networks, management and analytics tools, and in compliance applications.”
Presenting: Francis Wenzel, CEO and David Côté, CIO
TickSmithHomepage
Product Launch: August 2013
Metrics: Over a Petabyte of financial data under management
Product distribution strategy: Direct to Business (B2B), through other fintech companies and platforms
HQ: Montreal, Quebec, Canada
Founded: November 2012
Website: ticksmith.com 
Twitter: @TickSmith

Share this:

Send Post Twitter LinkedIn Facebook

Misys’ FusionBanking Helps Banks Communicate Better with Their Customers

Misys’ FusionBanking Helps Banks Communicate Better with Their Customers
By Julie Muhn (@julieschicktanz) Posted on
Categories: FinovateFall 2014, Misys
MisysLogo

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

Misys launches FusionBanking:
“We provide innovative best-in-class digital banking technology for financial institutions. Our solutions focus on adding value, driving new sales and building customer advocacy. By using the most innovative techniques including gamification, geo-location and social media integration you can exceed the expectations of your customers today and in the future.”
Presenting: József Nyíri, Director, Innovation & Digital Channels LABS, Tamás Grünzweig, VP & Head of Innovation, Digital Channels LABS, and Viktor Balint, Head of Customer Insight & Evangelisation, Digital
MisysHompage
Product Launch: November 2014
Product distribution strategy: Through financial institutions
HQ: New York, NY
Founded: 1979
Twitter: @MisysFS

Share this:

Send Post Twitter LinkedIn Facebook

iBillionaire Gives Users Access to Billionaire Investment Portfolios

iBillionaire Gives Users Access to Billionaire Investment Portfolios
By Julie Muhn (@julieschicktanz) Posted on
Categories: FinovateFall 2014, iBillionaire
This post is part of our live coverage of FinovateFall 2014.
iBillionaireLogo

iBillionaire showed off its platform that democratizes Wall Street

“The iBillionaire app was born out of a mission to democratize Wall Street by providing users access to the investment strategies and financial data of those who have, historically, played the market best: billionaires. 
iBillionaire provides access to billionaire investment portfolios, strategies, and stock picks and is a source of unique and exclusive data on trading activity and investment trends. It sends real-time alerts of buys, sells, and prices and is a source of up-to-the-moment billionaire news. 
With iBillionaire, users can create their own portfolios and compare with billionaires. They can also access the iBillionaire Index, which tracks the 30 stocks in which billionaire investors have allocated the most funds.”
Presenting: Raul Moreno, CEO & Co-Founder and Emily Stewart, Head of Communications & Content Strategy
iBillionaireHomepage
Product Launch: April 2013
Metrics: With a mobile community of over 150,000 investors, offices in Buenos Aires and New York, and covered by media outlets like Bloomberg, CNBC, and Fox Business, the iBillionaire Index has outperformed the S&P 500 since inception.
Product distribution strategy: Direct to Consumer (B2C), through financial institutions, through other fintech companies and platforms
HQ: New York, NY 
Founded: April 2013
Product Demoed: iBillionaire
Twitter: @ibillionaire

Share this:

Send Post Twitter LinkedIn Facebook

MoneyDesktop Becomes MX, Launches Helios and WideNet

MoneyDesktop Becomes MX, Launches Helios and WideNet
By Julie Muhn (@julieschicktanz) Posted on
Categories: FinovateFall 2014, MoneyDesktop

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


MXlogo

Then, MX announced it is becoming MX, and launching two new products, Helios and WideNet:

“MX uses WideNet Technology to expand your market reach by making your apps available to be used by anyone. 
Helios, the new full-feature cross-platform digital banking app is deployable on any device, from any brand. The cohesive product integrates the best financial management and mobile and online banking features all in one app. The app is powered by a single source of native code, making it more robust, responsive and engaging than the typical HTML5 approach to providing a cross-platform product.”

Presenting: Ryan Caldwell (CEO) & Matt West (Executive Account Manager)

MoneyDesktopIMG
HQ: Provo, Utah
Founded: 2010
Twitter: @moneydesktop, @mxenabled

Share this:

Send Post Twitter LinkedIn Facebook

Luxoft’s Horizon Brings Visualization to Data

Luxoft’s Horizon Brings Visualization to Data
By Julie Muhn (@julieschicktanz) Posted on
Categories: FinovateFall 2014, Luxoft
This post is part of our live coverage of FinovateFall 2014.
LuxoftLogo

Luxoft demonstrated how it brings visualization into the decision-making process:

“In our big data world it is the critical data that gives the competitive advantage. Luxoft’s Horizon creates a “Visualization Layer” on top of your data marts to provide visual simplicity and supports more informed, timely, and strategic decision making. The framework provides a system that allows you to mine your data with macro and micro perspectives that range from overviews to exact client performance and risk measurements by business line. 
Horizon is a next generation Visualization Framework, providing an innovative and graphically rich User Interface: app-based approach, high performance, secure, 100% mobile (accessible from any device: iPad, iPhone, Android etc.), and highly customizable.”
Presenting: Przemek Berendt, VP Global Marketing and Fabrice Aresu, Head of Business Support Group
LuxoftHomepage
Product Launch: 2013
Metrics: 7,800+ employees, 21 offices, 16 delivery centers, 13 countries in North America, Western and Eastern Europe, and Asia Pacific, 130+ clients, with top clients among the Global Fortune 500, $398.3M FY14
Product distribution strategy: Direct to Business (B2B), licensed 
HQ: Zug, Switzerland
Founded: 2000
Website: luxoft.com
Twitter: @Luxoft

Share this:

Send Post Twitter LinkedIn Facebook

Dynamics Debuts the World’s First Multi-Network Card

Dynamics Debuts the World’s First Multi-Network Card
By Julie Muhn (@julieschicktanz) Posted on
Categories: Dynamics, FinovateFall 2014
DynamicsLogo

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

Dynamics demoing the world’s first multi-network card that allows consumers to select different networks.

“The new cards from Dynamics help reduce interchange for high value merchants and improve security for consumers. The technology’s dynamic security codes are effective for reducing fraud on EMV cards in international transactions.”
Presenting: Jeff Mullen, CEO
DynamicsHomepage
HQ: Pittsburgh, PA
Founded: November 2007
Website: dynamicsinc.com 
Twitter: @dynamicsinc

Share this:

Send Post Twitter LinkedIn Facebook

PayItSimple’s Solution Gives More Options to Consumers While Giving More Sales to Merchants

PayItSimple’s Solution Gives More Options to Consumers While Giving More Sales to Merchants
By Julie Muhn (@julieschicktanz) Posted on
Categories: FinovateFall 2014, PayItSimple
This post is part of our live coverage of FinovateFall 2014.
PayItSimpleLogoNew

PayItSimple debuted its solution that gives consumers increased purchasing options while increasing sales for merchants:

“PayItSimple enables shoppers to divide the total cost of their purchases charged on their existing credit card across as many months as they choose and the merchant offers. Customers do not incur any fees or interest charges. There is no need to complete a credit application or qualify for a new credit line. There is no fine print or hidden costs.”
Presenting: Alon Feit, CFO & Co-Founder and Stacy Fassberg, All Things Marketing or VP, Marketing
PayItSimpleHomepage
Product Launch: June 2014
Metrics: 12 employees, $4.3M raised to date from private seed investors
Product distribution strategy: Via existing channels for credit card acquiring, Acquirers, ISOs, Gateways, Direct Business to Business (B2B), mainly to big enterprises
HQ: New York, NY
Founded: August 2013
Twitter: @payitsimple

Share this:

Send Post Twitter LinkedIn Facebook

Fiserv Shakes Up How Banks Interact with Their Customers

Fiserv Shakes Up How Banks Interact with Their Customers
By Julie Muhn (@julieschicktanz) Posted on
Categories: FinovateFall 2014, Fiserv
FiservLogo

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

Fiserv demonstrated how it is helping banks communicate with their customers:
“Fiserv is demonstrating what next generation customer-to-bank interactions will look like, particularly in a mobile-first world. The ‘App of the Future’ innovation based on the Mobiliti™ platform assembles three distinct consumer interaction methods – Live Chat, Secure Mailbox & Messaging,  and Click-to-Call – and makes them contextual (i.e. providing context information to the representative of the bank as part of the interaction). All inside the mobile banking application. 
This innovation has a number of benefits to consumers and financial institutions, including: increased efficiencies of interactions, more secure than various existing authentication methods, and portrays the banks’ brand as helpful, modern, and compelling.”
Presenting: Andy Barnett, Sr. Technical Sales Consultant, Mimi Joy, Mobile Account Specialist, and David Carr, Innovations Manager
FiservHomepage
Product Launch: September 2014
Metrics: $4.81B revenue in 2013, 21,000 associates worldwide, 14,500 financial institutions and business clients worldwide
Product distribution strategy: Direct to Business (B2B), through financial institutions
HQ: Brookfield, WI
Founded: July 1984
Website: fiserv.com
Twitter: @Fiserv

Share this:

Send Post Twitter LinkedIn Facebook

HedgeCoVest Launches Investment Tool for Hedge Funds

HedgeCoVest Launches Investment Tool for Hedge Funds
By Julie Muhn (@julieschicktanz) Posted on
Categories: FinovateFall 2014, HedgeCoVest
HedgeCoVestLogo

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

HedgeCoVest showed how Replicazor can boost hedge fund performance:
“HedgeCoVest is an investment tool allowing you to mirror hedge fund investments in your own brokerage account. Using HedgeCoVest, you can research hedge funds, their risk/return profile, management team and more. Then, when you find a fund to mirror, you can allocate with the click of a button. 
Our proprietary trading technology, the Replicazor, sees hedge fund portfolios and duplicates them in your account in real time. Anytime your chosen fund makes a trade, the Replicazor will make a corresponding trade for you within milliseconds. No guesswork, no investing based on outdated reports. One-to-one tracking of real hedge funds.”
Presenting: Evan Rapoport, CEO and Aaron Wormus, CTO
HedgeCoVestHomepage
Product Launch: September 2014
Metrics: 12 employees, $900,000 raised
Product distribution strategy: Direct to Consumer (B2C), Direct to Business (B2B), through financial institutions, through other fintech companies and platforms, licensed
HQ: West Palm Beach, FL
Founded: April 2013
Twitter: @hedgecovest

Share this:

Send Post Twitter LinkedIn Facebook