- Mobile is not going away any time soon
- Loyalty/Rewards is making a comeback
- More innovations in the checking/ ACH space
Author: Julie Muhn (@julieschicktanz)
FinovateFall 2013 Sneak Peek: Part 3
This week, we’re bringing you part three of our FinovateFall Sneak Peek series. If you missed the first two installments, check them out:
Here are a few more of the 70 companies that will demo their new technology on September 10 and 11 in New York: Guide Financial, Lumesis, mBank & Accenture, SpearFysh, TipRanks, Toopher, and Versafe.
Want to join us in New York in September? Get your ticket to FinovateFall 2013 here. To learn more about FinovateFall, check out the FAQ.
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Guide Financial’s Guide is a personal money mentor to mainstream America – providing free, unbiased, and comprehensive guidance for the 55 million Americans lacking access to financial advice.
- Finds users thousands in savings
- Provides step-by-step guides to capture savings
- Simplifies complex choices like refinancing and retirement saving
- Satisfy Time of Trade Regulatory Obligations in Seconds vs. 30 Minutes Per Trade
- Monitor Key Metrics for Client Holdings
- Financial information presented with complexity-on-demand
- PFM scenarios incorporated throughout the platform
- Branch-like experience through video chat
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- 100% recall of sales conversations
- Interaction sharing with all involved in the sales process
- “Voice of customer” mined for sales intelligence
- Bloggers added to TipRanks’ universe
- Email Alerts regarding picks from top performing experts
- Easy to embed data widgets for discovery
- Better security (broader, deeper, taller)
- Productivity
- Business growth
- Transparent protection against malware and online threat types
- All web
and mobile apps supported - 90%+ reduction in malware and phishing attacks
FinovateFall 2013 Sneak Peek: Part 2
This is part two of our FinovateFall Sneak Peek series. If you missed the first installment, you can catch it here:
Here are eight more of the 70 companies that will demo their new technology on September 10 and 11 in New York: authenticID, Fiserv, Float Money, Ignite Sales, Jumio, SavedPlus, Yseop, and Zenmonics.
Want to join us in New York in September? Get your FinovateFall 2013 ticket here. To learn more about FinovateFall, check out the FAQ.
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- 100% Accurate
- Can’t be fooled by fraudsters
- Transactions cost less than existing solutions
- Instant Payments delivers payments for a real-time world
- Delivered through Mobiliti, Popmoney offers an unmatched transformational mobile experience
- Interest-free line of credit
- Planned Spending Program for budgeting
- Financial Health Partners for financial literacy, payments and savings
- Determine profitable branches/products per branch
- Quickly spot branch trends, customer insights, fee-generating opportunities
- Understand gap analysis
Mitchell Orlowsky, CEO
LinkedIn
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- Increase conversion rates and revenue
- Reduce risk & chargebacks
- Create a ‘cool’ factor user experience
- Easy to set up, bank agnostic financial tool.
- It sets aside money as a percentage of every purchase.
- Change the destination account with one click.
- Generate highly qualified leads
- Boost sales performance
- Write financial reports automatically
- Ability to deploy in front of existing systems
- Reduce branch transaction costs
- Increase Sales with live collateral, account opening, servicing
Finovate Alumni News– August 15, 2013
- ANZ Group goes live with Fiserv’s Mobiliti Reach.
- The Currency Cloud CEO, Mike Laven, explains the issues behind the recent remittance crisis.
- IND Group & PayPal team up to offer P2P Payment via email in Europe.
- SunTrust introduces BCSG’s Business Hub and CreditHQ tools; an online package of small business solutions.
- Bolstr on FOX News Chicago: Local Business Raises $12,000 in under 48hrs on Bolstr.
- Mint, Manilla featured in Digital Trends list of 12 useful online services and apps for students.
- Quantopian’s John Fawcett writes about the intersection of social media, algorithms, and the browser when it comes to investing.
- American Banker takes a look at Credit Agricole’s CAStore.
- Mobile Payments Today highlights PayConnect from PreCash in a column on mobile wallets and the payment industry.
Kabbage’s New iPhone App is a Portal to Help Small Businesses Manage Working Capital
Provider of working capital for online small businesses, Kabbage, is making it more convenient to access necessary working capital today with the launch of its free iPhone app.
The Atlanta-based startup’s online platform can deliver up to $50,000 in a matter of minutes to qualified borrowers. They can use the app to:
- Access cash
- View their balance
- Make transfers to Kabbage
Finovate Alumni News– August 14, 2013
- Yseop selected as a finalist for the category of “Social, CRM and Loyalty” for the DMA Innovation Awards.
- Finextra reports: Virtual Piggy integrates with social game giant Habbo Hotel.
- TechCrunch reports: Braintree launches a new service called Marketplace, an API designed for mobile marketplace operators.
- The Sleeter Group reviews Kashoo, Xero, and others.
- The Guardian Money features social lending service Zopa.
- Transaction processing driving revenue growth for Jack Henry & Associates.
- Pymnts.com interviews Daniel DeMeo, CEO at Capital Access Network, on the rise of commercial lending.
- Snarketing 2.0 highlights Credit Karma, FlexScore, and Moven in a column on why the financial services industry needs a “FinScore”.
Finovate Alumni News– August 13, 2013
- Yseop a finalist as a technology inventor in Tech Titan Awards.
- Outlier Model blog features planwise.
- Manilla launches AOL Bill Manager.
- Bank News Magazine features AuthenticID’s pictureID identity authentication solution.
- VentureBeat takes a look at Locaid’s goal of expanding its geolocation technology to New Jersey and Delaware.
- FinovateFall 2013 Sneak Peek: Part 1 is up. Get to know the fintech innovators who will be presenting in New York in September.
- Ron Daly, president and CEO of DigitalMailer, provides insights on making mobile marketing compliance and consumer friendly.
- ReadyForZero enables users to monitor their credit score as they tackle debt.
- Mashable features Tuition.io.
- Free Webinar Wednesdays interviews VerifyValid CEO Paul Doyle. See them demo at FinovateFall 2013 in September.
Trustly Extends Direktbetalning Product to Online Housing and Apartment Rentals
Sweden-based Trustly recently unveiled its online payment solution for house and apartment rental classified ads listed on Blocket, Sweden’s version of eBay.
This capability is being added to Trustly’s original offering, Direktbetalning, which was limited to purchasing and selling goods on the Blocket platform. You may recall Trustly’s FinovateEurope 2013 demo, where COO Carl-Henrik Somp was selling his right shoe.
The new offering helps solve the pain point faced by home renters who are pressured into paying rent for a new home or apartment one month in advance, only to discover that it was a scam.
Direktbetalning solves this problem in a similar way in which it does for goods sold online. Trustly holds the rent money until the day after the rental period begins, then pays it out to the landlord. If fraud occurs, rent money goes back to the tenant. It works like a small escrow, the only difference being that the payment is done in real time and payment is sent directly to the bank account of the recipient.
Trustly currently supports all major banks in Sweden, Finland, Denmark and Spain. To learn more about Trustly, watch its FinovateEurope 2013 demo where it debuted Direktbetalning.
Finovate Alumni News– August 9, 2013
- The Economist mentions Holvi as a financial company facing regulation that prevents it from lending.
- HelloWallet unveils research department.
- Fast Company lists Braintree as 1 of 10 companies with “developer cred”.
- Biletu launches its new website.
- Google Wallet to end NFC functionality for storing gift and loyalty cards by the end of the month.
Tradeshift Adds Features to “Humanize” Project Workflow
Online invoicing startup Tradeshift announced updates to its platform yesterday that extend its reach beyond just e-invoicing.
The new update, called Collaborative Workflow, will enable users to collaborate on tasks and automate workflow, making Tradeshift a more holistic platform for businesses. It attempts to “humanize” the workflow process by:
1) taking the platform mobile
2) automating repetitive tasks
3) allowing multiple users to collaborate on a single project, giving each user a profile picture to associate with their name.
Check out Tradeshift at FinovateEurope 2012 where it demoed its Instant Payments feature.
NICE to Acquire Causata to Enhance Customer Experience Management
NICE, a company that focuses on enhancing interactions with end customers, is about to make it easier for organizations to understand and improve the customer experience.
That’s because the Israel-based company announced it will acquire Causata, a customer experience management company.
As a part of the partnership, NICE will integrate Causata’s Hadoop-based technologies into its Customer Engagement Analytics platform. This will:
- create customer profiles by analyzing their activities over multiple channels
- converge self-service digital channels (i.e. web and mobile) with assisted-service channels to better manage the customer experience
- enable banks to provide agents with the complete context of a customer interaction
- improve real-time decisioning with predictive analytics and machine learning
The acquisition is expected to close in a few days.
To learn more about NICE, check out their demo from FinovateSpring 2013.
Finovate Alumni News– August 6, 2013
- ERN raises another $1 million, acquires two UK companies.
- Expensify announces additional approval modes.
- TMC selects Interactions’ Virtual Assistant applications for a 2013 Speech Technology Excellence Award.
- The Financial Brand looks at NeoBanks: Moven, Simple, GoBank.
- Reuters article features Wealthfront as a platform of choice for how millenials manage money.
- SocietyOne celebrates first birthday.
- MasterCard partners with United Bank for Africa to provide Nigeria’s first personalized debit card.
- BrightFunds announces that it is now an official contributor to Triple Pundit.
- The Economist talks with TransferWise co-founder Taavet Hinrikus about technological innovation in Estonia.
- Kabbage and On Deck Capital both featured in Fit Small Business column on raising money for an existing business.
- Allied Payment Network partners with Access Softek to provide Picture Pay mobile bill pay technology.