What Themes Will Heat Up the FinovateFall Stage?

This year’s FinovateFall conference in New York on September 10 and 11 will showcase 70 fintech companies, all with unique solutions to pressing issues in today’s financial space.
We did some digging to determine the different types of tech that will be demonstrated live from the stage. Here’s what we came up with:

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The major themes this fall include mobile, security, small business, PFM, and lending. The social trend seems to be taking on a smaller role than last year, as does marketing.
A few observations: 
    • Mobile is not going away any time soon
    • Loyalty/Rewards is making a comeback
    • More innovations in the checking/ ACH space
If you’re interested in coming to FinovateFall to see these themes and more demonstrated live, get your ticket here. Check out the FAQ or email fall@finovate.com with any questions regarding the event.

FinovateFall 2013 Sneak Peek: Part 3

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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 FinancialLumesis, 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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GuideFinancialLogo.jpgGuide 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.
Features:
    • Finds users thousands in savings 
    • Provides step-by-step guides to capture savings 
    • Simplifies complex choices like refinancing and retirement saving
Why it’s great: An unbiased, free and personalized money mentor for the millions of people without access to quality financial advice

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Uri Pomerantz has built career in finance and technology from founding a microfinance lender at 21 to roles at Microsoft, Goldman Sachs, and McKinsey.
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Scott Burns, CFA, has driven financial innovation for social impact, from retail banking in India to private equity investing in emerging markets
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Lumesis’ DIVER Advisor delivers critical information in a simple to access and deliverable report to satisfy regulatory requirements while providing users important client portfolio monitoring tools.
Features:  
    • Satisfy Time of Trade Regulatory Obligations in Seconds vs. 30 Minutes Per Trade
    • Monitor Key Metrics for Client Holdings 
Why it’s great: DIVER brings software solutions to the once dormant and technologically underserved fixed income municipal market.

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Gregg Bienstock, Esq. co-founded Lumesis. Previously he led Strategic Initiatives for Ambac FG and served as their CAO. He practiced law for 8 years.
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Tim Stevens, CFA co-founded Lumesis in 2010. Previously he was Sr. Managing Director and led Capital Markets for Ambac FG. Prior to that he was a CPA at Deloitte.


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mBank and Accenture will present the redesigned online banking system with one of the coolest, most high-tech banking experiences introduced to 3.5 million mBank users.
Features:
    • Financial information presented with complexity-on-demand
    • PFM scenarios incorporated throughout the platform
    • Branch-like experience through video chat
Why it’s great: New mBank introduced the most advanced online banking experiences worldwide on an unprecedented scale of 3.5 million customers.

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Michal Panowicz, Harvard MBA Alumnus 2006, previously working for Boston Consulting Group, eBay and Microsoft. Joined BRE Bank in 2011.
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Maciej Jopyk, Senior Manager at Accenture; Financial Services Systems Integration since 2003.

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SpearFysh leverages mobile, speech analytics, big data, & SaaS technology to improve sales process & drive growth.
    • 100% recall of sales conversations
    • Interaction sharing with all involved in the sales process
    • “Voice of customer” mined for sales intelligence
Why it’s great: We help sales organizations drive more predictable revenue growth by leveraging technology to capture, share & analyze the “voice of the customer.”

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Marc Miller, Founder & CEO

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Gregory Pacholski, President
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TipRanks is the first cloud-based service that collects, analyzes and displays unbiased, comparative metrics regarding published stock recommendations, helping retail investors make better decisions.
Features:
    • Bloggers added to TipRanks’ universe
    • Email Alerts regarding picks from top performing experts
    • Easy to embed data widgets for discovery
Why it’s great: TipRanks technology collects, measures and displays the performance of anyone providing investment advice online, so you know who to trust.
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Gilad Gat, Founder & CTO
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Tomer Turgeman, Business Development Director
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Toopher is the most usable, most secure authentication solution available. It’s an invisible, multifactor authentication product.
Features:  
    • Better security (broader, deeper, taller)
    • Productivity
    • Business growth
Why it’s great: Toopher is simple, secure, and stays in your pocket.

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Josh Alexander, CEO and Co-Founder: It’s ironic when the person in charge of strategic vision wears glasses.
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Versafe protects organizations and their users from the full range of malware and online threats, across all devices, without requiring endpoint software or involving the user in any way.
Features:
    • Transparent protection against malware and online threat types
    • All web
      and mobile apps supported 
    • 90%+ reduction in malware and phishing attacks
Why it’s great: Versafe protects ALL online users against ALL threat types and attacks, across ALL devices, ALL transparently to the user.  
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Eyal Gruner, CEO and Co-Founder

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Jens Hinrichsen, VP, Marketing and Development 
Jens is responsible for Versafe’s go-to-market strategy, guiding its products and services evolution, as well as developing a network of strategic technology and channel partnerships. 
Stay tuned next week for another sneak peek of FinovateFall 2013 companies.

FinovateFall 2013 Sneak Peek: Part 2

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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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Authentic ID’s pictureID solution is 100% accurate and can’t be fooled by fraudsters since it returns a visual representation of the true owner of an identity.

Features:
    • 100% Accurate
    • Can’t be fooled by fraudsters
    • Transactions cost less than existing solutions
Why it’s great: pictureID is the only 100% accurate identity proofing solution on the market today and it is more intuitive for users. 

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Blair Cohen, CEO 
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Fiserv’s Popmoney Instant Payments extends the functionality of the Popmoney P2P service from Fiserv, making it indispensable when an immediate exchange of money is required.
Features:
    • Instant Payments delivers payments for a real-time world
    • Delivered through Mobiliti, Popmoney offers an unmatched transformational mobile experience
Why it’s great: Instant Payments from Popmoney combined with the transformational experience offered by Mobiliti from Fiserv, delivers on the compelling, consumer need for real-time payments.
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Jeffery W. Yabuki 
President and Chief Executive Officer
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FloatMoney is smarter credit for consumers
Features:
    • Interest-free line of credit
    • Planned Spending Program for budgeting
    • Financial Health Partners for financial literacy, payments and savings
Why it’s great: Float will replace credit cards
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Shane Hadden, CEO 
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Ignite Salesthe leader in retail banking customer acquisition and retention technology, will showcase Innovative Branch Profitability Dashboards, offering a breakthrough in branch performance measurement.
Features:
    • Determine profitable branches/products per branch
    • Quickly spot branch trends, customer insights, fee-generating opportunities
    • Understand gap analysis
Why it’s great: Never before have the tools for detailed branch measurement been so accessible to bank executives.
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Mitchell Orlowsky, CEO
LinkedIn

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Jumio’s Netverify supports real-time ID scanning and verification via a mobile application or website of passports and driver licenses to enable clients to meet know-your-customer requirements.
Features:
    • Increase conversion rates and revenue
    • Reduce risk & chargebacks
    • Create a ‘cool’ factor user experience
Why it’s great: Netverify allows businesses to authenticate customers’ identities using their computer’s web camera, IOS or Android smartphone cameras
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Michael Orlando heads up Jumio’s worldwide sales and business development efforts and brings over 20 years of high-growth company experience to this role. 

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SavedPlus is an automatic savings tool that helps customers effortlessly reach financial goals.
Features:
    • 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.
Why it’s great: Automatic savings made easy

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Nikita Brodskiy, Founder & CEO
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Yseop is artificial intelligence software which writes, just like a human being, but at a speed of thousands of pages per second, and in multiple languages.
Features:
    • Generate highly qualified leads 
    • Boost sales performance
    • Write financial reports automatically
Why it’s great: Yseop boosts your business performance by automating tasks such as lead generation, cross-selling, meeting preparation and financial report writing.

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John Rauscher, CEO & co-founder
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Zenmonics has created the Mobile Banker tablet for lean branches, advice centers, and relationship management.
Features:
    • Ability to deploy in front of existing systems
    • Reduce branch transaction costs
    • Increase Sales with live collateral, account opening, servicing
Why it’s great: The convenience and attractiveness of an Apple Store as your Bank. 
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Stay tuned next week for a sneak peek of more companies. 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.

Finovate Alumni News– August 15, 2013

  • Finovate-F-Logo.jpgANZ 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.
This post will be updated throughout the day as news and developments emerge. You can also follow all the alumni news headlines on the Finovate Twitter account.

Kabbage’s New iPhone App is a Portal to Help Small Businesses Manage Working Capital

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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
Here’s a look at some screenshots:
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To learn more about Kabbage, watch its FinovateSpring 2013 demo.

Finovate Alumni News– August 14, 2013

  • Finovate-F-Logo.jpgYseop 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”.
This post will be updated throughout the day as news and developments emerge. You can also follow all the alumni news headlines on the Finovate Twitter account.

Finovate Alumni News– August 13, 2013

  • Finovate-F-Logo.jpgYseop a finalist as a technology inventor in Tech Titan Awards.
  • 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.
  • Free Webinar Wednesdays interviews VerifyValid CEO Paul Doyle. See them demo at FinovateFall 2013 in September.
This post will be updated throughout the day as news and developments emerge. You can also follow all the alumni news headlines on the Finovate Twitter account.

Trustly Extends Direktbetalning Product to Online Housing and Apartment Rentals

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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.

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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.

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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

  • Finovate-F-Logo.jpgThe 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”.
  • Google Wallet to end NFC functionality for storing gift and loyalty cards by the end of the month.
This post will be updated throughout the day as news and developments emerge. You can also follow all the alumni news headlines on the Finovate Twitter account.

Tradeshift Adds Features to “Humanize” Project Workflow

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Online invoicing startup Tradeshift announced updates to its platform yesterday that extend its reach beyond just e-invoicing. 

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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

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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

  • Finovate-F-Logo.jpgERN 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.
  • 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.
This post will be updated throughout the day as news and developments emerge. You can also follow all the alumni news headlines on the Finovate Twitter account.