Author: Julie Muhn (@julieschicktanz)

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

Share this:

Send Post Twitter LinkedIn Facebook

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

Share this:

Send Post Twitter LinkedIn Facebook

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

Share this:

Send Post Twitter LinkedIn Facebook

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

Share this:

Send Post Twitter LinkedIn Facebook

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

Share this:

Send Post Twitter LinkedIn Facebook

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