“In addition to the comparison functionality for the various financial products, KreditAja.com features predictive analytics to aid both borrowers and lenders. For borrowers, this potentially enables creditworthy individuals to gain access to financing that they normally would not be able to obtain based on traditional credit scoring methods. At the same time, this analytics capability enables lenders on our platform to more accurately assess the risk of borrowers so as to better price the products that they are disbursing. Our proprietary credit scoring system aims to produce a more holistic assessment of a borrower’s creditworthiness via incorporating multiple data sources, including social media.”
Author: Julie Muhn (@julieschicktanz)
UK-Based Card-Linked Offers Company, Birdback, Raises $2.4 Million
Adding to the flood of funding this month, card-linked offers company Birdback recently announced $2.4 million dollars in venture funding.
Passion Capital led the round, followed by:
- Paul Nikkel
- Luke Johnson
- Playfair Capital
- #1seed
The UK-based company will use the round to retailers and financial institutions. Users in the UK, France, and Brazil will have the first opportunity.
To learn more about Birdback, check out its demo from FinovateEurope 2013.
FinovateEurope 2014 Launches Tuesday. Come Join Us!
The Finovate team is on their way to London, and that can only mean one thing: FinovateEurope 2014 is just around the corner!
Here’s what you need to know as you prepare to attend the biggest show we’ve ever hosted in Europe:
Schedule
Registration opens at 8AM on Tuesday, February 11 and the demos will go from 9:00AM Tuesday until 3:30PM on Wednesday.
If you don’t have your ticket yet, there’s still time. Ticket registration will be open until we sell out. Click here to be a part of our record-breaking audience.
Venue
We’ll be returning to the Old Billingsgate Market Hall on the Thames. As a reminder, here’s the address:
1 Old Billingsgate Walk 16 Lower Thames Street London, EC3R 6DX
Throughout the two day event, 67 companies will have a chance to show off their newest technology from the Finovate stage. Check out our Presenters page to learn more about each company.Questions about the event? Check out the FAQ or contact info@finovate.com.
New OBR Published: Money 3.0
About the report
Money 3.0: Payments Go Mobile (link)Apple, Bitcoin, & mobile apps are changing the game. What’s a bank to do?Author: Julie Schicktanz, Research Analyst
Editor: Jim Bruene, Editor & FounderPublished: 4 February 2014Length: 36 pagesCost: No extra charge to OBR subscribers, US$395 for others here
Report excerpt:
Finovate Alumni News– February 5, 2014
- Kabbage expands platform to serve all SMBs: online, brick-and-mortar, and services businesses.
- Spend Matters interviews Taulia’s Markus Ament on its discounting philosophy, e-invoicing, and ERP.
- Gartner recognizes Backbase CXP as being at the forefront of UX design and mobile development support.
- PlayMoolah celebrates third birthday.
- Washington Federal picks Fiserv’s DNA account processing platform.
- Digital Mailer adds eight new financial institutions to its My Virtual Strongbox service.
- Experian launches real-time data sharing service for UK credit providers.
- Genesis Financial chooses ACI Worldwide to power multichannel call center and eLockbox payment options.
- LegacyTexas Bank of Plano to work with Digital Insight to deploy online and mobile banking solutions. See Digital Insight demo at FinovateEurope next week.
- Pulse 2.0 takes a look at Flint Mobile.
Finovate Alumni News– February 4, 2014
- Nous makes it to the finals of UK’s Million Pound Startup competition. Check them out at FinovateEurope in London.
- Luminous partners with Jack Henry & Associates. Come see them both at FinovateEurope next week.
- Pindrop Security achieves record growth in 2013 fueled by rising phone-based fraud.
- Sun Hearlad features Finovera as a new site to help manage personal finances.
- In yet another partnership, Refundo partners with Stripe to process payments for tax preparers.
- CNB Texas launches responsive design website from Banno for greater cross-sell potential.
- Top-Five U.S. Bank makes million dollar investment in software licenses for Kofax’s Mobile Capture. Come see Kofax’s live demo at FinovateEurope.
- FinovateEurope 2014: Guess Who’s Coming to London?
- VentureBeat lists TransferWise among London’s hottest startups.
Full Lineup Revealed for FinovateEurope 2014 in London
It’s official! FinovateEurope 2014 will be our largest European conference so far. We’ve topped last year’s record-breaking crowd and tickets are still rolling in.
The 67 presenting companies are polishing up their demos and getting ready to board the planes, trains, and automobiles that will take them to the Old Billingsgate Market Hall on February 11 and 12 in London.
Here’s where each of the companies is headquartered (click to enlarge):
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For more information on these companies, check out our company page here or view our Sneak Peek series below.
Be sure to guarantee your spot at the show as we head toward a sellout crowd. For those of you who already have your ticket, we’ll see you in London!
FinovateEurope 2014 is sponsored by: The Bancorp, Be Group, Financial Technology Partners, and Life.SREDA.
FinovateEurope 2014 is partners with: Aite Group, Bank Innovators Council, BankersHub, Celent, The Financial Services Club, FSIC, Hotwire PR, Level39, Mapa Research, SME Finance Forum, Visible Banking, & World Finance.
Finovate Alumni News– January 31, 2014
- Huff Post lists Mint and BillGuard as 2 tools to help monitor your account
- Bolstr featured on FOX News.
- American Banker looks at how Open Bank Project seeks to help banks open their own app stores.
- CBS Pittsburgh features Dynamics. Come see it demo its latest technology at FinovateEurope.
- Acculynk’s P2P platform Payzur now allows businesses to make instant direct deposit payments to debit cards.
- Data scientists return to Check for clues on consumer behavior.
- Guaranty Bank announces its deployment of FIS core banking platform.
Full Lineup Revealed for FinovateEurope 2014 in London
It’s official! FinovateEurope 2014 will be our largest European conference so far. We’ve topped last year’s record-breaking crowd and tickets are still rolling in.
The 67 presenting companies are polishing up their demos and getting ready to board the planes, trains, and automobiles that will take them to the Old Billingsgate Market Hall on February 11 and 12 in London.
Here’s where each of the companies is headquartered (click to enlarge):
|
|
|
For more information on these companies, check out our company page here or view our Sneak Peek series below.
Be sure to guarantee your spot at the show as we head toward a sellout crowd. For those of you who already have your ticket, we’ll see you in London!
FinovateEurope 2014 is sponsored by: The Bancorp, Be Group, Financial Technology Partners, and Life.SREDA.
FinovateEurope 2014 is partners with: Aite Group, Bank Innovators Council, BankersHub, Celent, The Financial Services Club, FSIC, Hotwire PR, Level39, Mapa Research, SME Finance Forum, Visible Banking, & World Finance.
Finovate Alumni News– January 30, 2014
- Arxan appoints Patrick Kehoe as Chief Marketing Officer.
- GRANCO Federal Credit Union to offer Geezeo powered PFM.
- Mitek’s Mobile Photo Payments now offered by a large, unnamed cable, telecomm and media companies.
- Lighter Capital extends 40th loan.
- Lodo Software changes its name to D3 Technology.
- miiCard adds former SWIFT CEO Lázaro Campos, previous VP of SecureWorks Richard Lewis, and prior Clydesdale executive Kenny White to its Board of Directors.
- Zopa secures £15 million from London-based Arrowgrass Capital Partners.
- Crowdfund Insider looks at SeedInvest and its comment letters to the SEC on crowdfunding and the JOBS Act.
- LendUp launches educational video series to help combat identity theft.
- Flint Mobile announces start of partner program for ISOs, MSPs, and ISVs.
- Financial Times column on online banking and the cloud features Fidor Bank.
- Your Story features TransferWise and its co-founder Taavet Hinrikus.
- InComm and H&R Block enable consumers to reload their H&R Block Emerald Card at more than 60k Vanilla Reload locations in the U.S.
FinovateEurope 2014 Sneak Peek: Part 7
Before our team at Finovate packs their bags for FinovateEurope in London, we compiled the final seven glimpses of what presenting companies plan to show on stage at Old Billingsgate Market Hall on February 11-12.
If you missed the first six installments of our Sneak Peek series, you can view them here:
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- Integrated approval flow on expense level
- Clear and user-friendly design
- Intelligent scanning of receipts and statements
Finally easy expenses management for independents and bigger companies, also available via added value partners.
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- Non-OTP authentication for both web and native apps
- Device authentication for low-risk transactions, and PIN for high-risk
- Risk metrics: jailbreak detection; keystroke and behaviour analysis
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- Transparent judging and online rewards process automation
- Widgets and crowdsourcing from external platforms allow integration with Innovation Cafe and pushes feedback from clients into an internal Innovation Cafe instance
Innovation Cafe is primarily targeted at financial services organisations, and has been designed for adoption within these ecosystems.
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- Smart Offers markets Bank Products and Merchant Offers at the right moment to customer
- Solve Pains: Volume, Velocity, Variety, Vicinity, Visibility & Value
- Check out the demo here: http://www.intuitionintelligence.com/demo.html
By learning user intent in click time, we deliver the right offers at right moment via digital channels without spam and friction in pre & post login.
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- Meet and service the customer via the mobile channel
- Reduce operating costs and minimize drop-off rates
- Build competitive advantage while increasing growth and profitability
Kofax Customer Onboarding improves the agility and profitability of your bank’s customer onboarding processes by engaging customers via mobile devices.
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- Easy integration with Facebook and Foursquare lets banks get to know their clients better.
- hacu’s high performance is rapidly adapted to a bank’s requirements.
- Speed and convenience
Sophisticated technology lets a bank promote its products and services with remarkable ease.
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- Focus on personal financial goals, not financial products
- Save and invest money with just 3 clicks, anytime and everywhere
- Neither investment experience nor financial advice required
vaamo fundamentally changes saving and investing by providing intuitive and profitable online investment management that focuses on planning, monitoring, and achieving your personal financial goals.
After advising banks for more than 8 years at McKinsey, Oliver aims at providing professional and fair investment products to everyone.
Following 8+ years in financial institutions investment banking at J.P. Morgan, Thomas is dedicated to provide retail customers with investment solutions similar to those reserved for high net worth individuals.
If you still don’t have your ticket to FinovateEurope, there’s still time. Get your ticket here and don’t miss out on the hottest innovations in European fintech.
19 Finovate Alums Selected for 2014 European FinTech 50 Awards
The FinTech 50 awards highlight 50 European-based companies to watch over the coming year. The companies are selected by a panel of 15 fintech professionals. This year, 19 of the selected companies are Finovate alums.
Here are the Finovate alums selected, listed in alphabetical order:
- Founded: 2006
- Headquarters: Amsterdam, the Netherlands
- Demo videos: FinovateEurope 2011 & FinovateEurope 2012
- Founded: 2009
- Headquarters: Lulea, Sweden
- Demo videos: FinovateSpring 2012, FinovateFall 2013, FinovateAsia 2013, & FinovateEurope 2014
- Founded: 1885
- Headquarters: Paris, France
- Demo video: FinovateEurope 2013
- Founded: 2007
- Headquarters: Limassol, Cypress
- Demo videos: FinovateEurope 2011, FinovateFall 2011, FinovateEurope 2012, & FinovateFall 2012
- Founded: 2000
- Headquarters: Vilnius, Lithuania
- Demo videos: FinovateEurope 2012, FinovateEurope 2013, & FinovateEurope 2014
- Founded: 2009
- Headquarters: Munich, Germany
- Demo videos: FinovateEurope 2011 & FinovateEurope 2012
- Founded: 2009
- Headquarters: Breukelen, Netherlands
- Demo videos: FinovateEurope 2013 & FinovateEurope 2014
- Founded: 2007
- Headquarters: Edinburgh, UK
- Demo video: FinovateEurope 2013
- Founded: 2008
- Headquarters: Barcelona, Spain
- Demo video: FinovateEurope 2011
- Founded: 2011
- Headquarters: Helsinki, Finland
- Demo videos: FinovateEurope 2012 & FinovateEurope 2013
- Founded: 2002
- Headquarters: London, UK
- Demo videos: FinovateFall 2010, FinovateEurope 2011, & FinovateEurope 2012
- Founded: 2005
- Headquarters: Stockholm, Sweden
- Demo video: FinovateSpring 2012
- Founded: 2000
- Headquarters: Warsaw, Poland
- Demo videos: FinovateEurope 2013 & FinovateFall 2013
- Founded: 2009
- Headquarters: Stockholm, Sweden
- Demo videos: FinovateEurope 2011, FinovateEurope 2012, & FinovateEurope 2013
- Founded: 2011
- Headquarters: London, UK
- Demo video: FinovateEurope 2012
- Founded: 2012
- Headquarters: London, UK
- Demo videos: FinovateFall 2012, FinovateEurope 2013, & FinovateEurope 2014
- Founded: 2010
- Headquarters: London, UK
- Demo video: FinovateEurope 2013
- Founded: 2007
- Headquarters: London, UK
- Demo video: FinovateFall 2010
- Founded: 2005
- Headquarters: London, UK
- Demo video: FinovateStartup 2008