Micronotes Showcases Real Results from its Cross-Sell Solution

This is a part of our live coverage of FinovateSpring 2013.

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Second up this afternoon, Micronotes showcased its Cross-Sell solution through one of its customers:
“Micronotes Cross-Sell is simply the most productive digital cross-sell tool on the market. One of our customers is demonstrating this by showing the product, sharing results and explaining what those results mean to his financial institution.”
Product Launch: July 2011
HQ: Cambridge, MA
Founded: June 2008
Metrics: $3.4M raised to date; 8 employees
Website: micronotes.com 
Twitter: @micronotes
Presenting Ariel Taylor (Product Manager) and Kris VanBeek (CEO, USAlliance Credit Union)

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Persint Debuts Consumer Analytics Application

This is a part of our live coverage of FinovateSpring 2013.

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Starting off the final session today, Persint debuted its consumer analytics application:
“Persint’s consumer analytics application integrates with account aggregation and is designed to complement existing PFM. Leveraging public data sources mapped to conform to aggregation categorization, Persint delivers performance context through comparison to U.S. household peers. 
Just five demographic inputs can segment a household into one of over 100 unique peer groups. Other solution features include:
        • performance navigation through color-coded decision trees
        • data representative of all U.S. households
        • local cost of living adjustments
        • alternative peer group formation
        • composite score based on net worth, cash flow and risk management
        • performance classification and scoring system
        • solution mapping of opportunities to actions”
Product Launch: September 2013
HQ: Atlanta, GA
Founded: March 2012
Metrics: Privately held, self-funded and seeking investment; 2 principals leveraging contractors; pre-launch and pre-revenue
Website: persint.com
Twitter: @persint
Presenting Steve Cotton (CEO & Founder) and Curry Pelot (CIO & Co-Founder)

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ValidSoft Uses “SMART” Technology to Protect Mobile Payment and MBanking Transactions

This is a part of our live coverage of FinovateSpring 2013.

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Then, ValidSoft took the stage to demo its Secure Mobile Architecture for Real-time Transactions, SMART:

“ValidSoft’s SMART platform caters for the disparity in mobile networks and devices, use cases and the corresponding transactional risk intrinsic in mobile payment applications. SMART achieves this by providing a layered architecture of voice and mobile network‐based security protocols and technologies, both visible and invisible, to protect mobile payment and M‐banking transactions alike.”

Product Launch: February 2011
HQ: London, United Kingdom
Founded: 2003
Website: validsoft.com
Twitter: @ValidSoft
Presenting John Petersen (Global Head of Business Development) and Emmanuelle Filsjean (Global Head of Marketing)

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Cymonz Enables Financial Institutions to Integrate Currency Exchange and International Payment Services Into Their Platform

This is a part of our live coverage of FinovateSpring 2013.

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Next, Cymonz demoed how its software can enable financial institutions to integrate currency exchange and international payments services into their platform:
“The Cymonz application includes a client transactional website and the back office management application with specific currency and international payment business processes, customization and integrations. The application addresses a wide spectrum of needs, including client management, currency transactions, risk management, settlements and compliance. 
Cymonz integrates with third party applications and can be configured to allow for liquidity, payments, customer service as well as anti money laundering, marketing and support tasks. 
iOS and Android applications are also available along with the ability for you to white label your currency application and provide it to your partners to increase currency and payment flows.”  
 
Product Launch: July 2012
HQ: Christchurch, New Zealand
Founded: January 2012
Website: cymonz.com
Presenting Simon Lynch (CEO)

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Arxan Helps Defend Financial Institutions’ Mobile Apps Against Fraud, Malware, and Unauthorized Access

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This is a part of our live coverage of FinovateSpring 2013.
Then, Arxan Technology demonstrated how its Mobile App Integrity Protection products defend financial institutions’ mobile apps:

“Arxan’s Mobile Application Integrity Protection products deliver critical defense and shielding at the application layer with static and active self-defend and tamper-proof attributes. By deploying Arxan protected apps, financial institutions can launch advanced and feature-rich mobile financial services with confidence. 

Our state-of-the-art ‘Guards’ are small units of object code that “lockdown” applications with multiple and performance sensitive protection against attacks such as: malware, fraud, data breach repackaging, unauthorized access, IP theft, removal of security or critical business logic; all of which would have significant consequences for financial institutions.” 

Product Launch: January 2012
HQ: Bethesda, MD
Founded: January 2001
Metrics: Arxan has raised $30M to date; HQ is in the U. S. with global offices in EMEA and APAC 
Website: arxan.com
Twitter: @arxan
Presenting Kevin Morgan (CTO & VP Engineering)

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PayNearMe Launches White-Label Offering

This is a part of our live coverage of FinovateSpring 2013.

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Second up this afternoon, PayNearMe launched a white-label offering of its cash-payment service for the underbanked:

Powered by PayNearMe is a white-label treasure services product that any financial institution can offer to their merchants to enable them to accept cash payments from consumers at thousands of 7-Eleven and ACE Cash Express stores nationwide.”

Product Launch: May 2013
HQ: Sunnyvale, CA
Founded: May 2009
Website: paynearme.com
Twitter: @paynearme
Presenting Danny Shader (CEO & Founder) and John Minor (VP Product Management)

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Refundo Launches Mobile App

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This is a part of our live coverage of FinovateSpring 2013.
Next up this afternoon, Refundo launched its mobile app:

“Refundo’s Mobile App creates an opportunity to transition millions of underbanked and unbanked households into the financial mainstream by enabling them to open an FDIC-insured bank account using just a smartphone. 

The Mobile App features account balance, debit MasterCard, transaction history, and a network of tens of thousands of ATMs and deposit locations across the U.S., and more. From the beginning, the Mobile App was designed to deliver the best user experience, security, and convenience in mobile banking.”

Product Launch: May 2013
HQ: Elizabeth, NJ
Founded: June 2011
Website: refundo.com
Twitter: @refundo
Presenting Roger Chinchilla (CEO)

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Credit Sesame Launches Goals Feature and Visual Mortgage Comparison Tool

This is a part of our live coverage of FinovateSpring 2013.

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Then, Credit Sesame launched its goals feature and new mortgage comparison tool:
“In the market for a new home? Get a complete analysis of your financial profile to understand what you can afford from discovery to decision. Easily find properties in your area that match both your requirements and your budget. Receive offers from multiple lending institutions and easily compare them to determine the right one for you. Make sure you’ll get the best mortgage rates by monitoring your credit for free on the go.
It’s the one mobile app that provides the information, analysis, advice and offers you need for every important financing decision.”
Product Launch: May 2013
HQ: Mountain View, CA
Founded: January 2010
Metrics: Number of accounts: 2M+; Loans under system management: $60B+; Total annualized savings identified for users: $600M+; Number of employees: 32; Money raised: $19.35M 
Twitter: @creditsesame
Presenting George McMullen (Director, Mobile Products)

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The Reprogrammable GoNow Card Transforms into Any Credit, Debit, or Stored Value Card

This is a part of our live coverage of FinovateSpring 2013.

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Then, GoNow demonstrated how its reprogrammable card can free consumers from overstuffed wallets:

“The GoNow eWallet Platform includes the GoNow eWallet Card, a reprogrammable electronic device that looks like a standard payment card. The GoNow Card becomes any credit, debit or stored-value card in a consumer’s eWallet “on the fly.” It receives commands from an eWallet and can be tapped or swiped at all existing POS terminals and ATMs without any change to the existing payment infrastructure. 

The GoNow Card, which communicates in close proximity with a smartphone, is the ideal eWallet companion card. GoNow also has a secure element in the card that may be used in lieu of, or in addition to, a secure element in the phone.”

Product Launch: November 2013
HQ: Bala Cynwyd, PA
Founded: 2009
Metrics: Two customers integrated GoNow eWallet Card with their eWallet and on track for commercial launch.
Website: gonowcard.com
Twitter: @gonowcard
Presenting Joe O’Neill (VP Business Development) and Ron Fridman (CTO)

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Balance Financial’s New Digital Workspace Helps Advisors Collaborate with their Clients and Colleagues

This is a part of our live coverage of FinovateSpring 2013.

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Second up, Balance Financial took the stage with its new digital workspace:

“Wealth management and private banking represent a great opportunity for financial institutions looking to increase revenue. Competition for affluent clients is heavy and most FIs lack sufficient client facing technology to deliver exceptional client experiences that help attract, engage and retain affluent clients while also helping to scale service delivery.
Our new digital workspace application is a simple and effective way to create a custom workspace for collaborating with clients & colleagues. With Balance, service professionals can create a simple client facing workspace in minutes for sharing files, financial data and managing projects while improving the efficiency and effectiveness of their service offerings.”
Product Launch: March 2013
HQ: Bellevue, WA
Founded: May 2004
Metrics: Our team of 14 employees has raised $2.3M to date and our platform serves 1,200 registered financial firms across the US. 
Twitter: @mybalance
Presenting Devin Miller (CEO) and Andrew Buhrmann (Director, Customer Success)

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Yseop Financial’s Software Suite Uses Artificial Intelligence to Help Save Time and Money Spent Writing Reports

This is a part of our live coverage of FinovateSpring 2013.

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First up in the second session, Yseop took the stage to showcase Yseop Financial:

“Yseop Financial represents the latest round of financial applications developed on Yseop’s technology. This suite of products covers the full range of possibilities offered by Yseop’s text-generating software, including a prep-to-meeting report, an automatically generated two-page financial executive summary based on the latest market data, and a personalized retirement planning application.”

Product Launch: January 2013
HQ: Dallas, TX (U.S. Headquarters); Lyon, France (European headquarters)
Founded: 2008
Metrics: Privately self-funded; 20+ years of research to develop the technology; first commercialized in France as a middleware in 2008; opened U.S. headquarters in Dallas in 2012; 25 employees worldwide: 10 in Lyon, 6 in Paris & 9 in Dallas; 20+ large companies/clients; largest implementation: “prep-to-meeting” application deployed for 12,500 retail bankers.
Website: yseop.com
Twitter: @yseopAI
Presenting John Rauscher (CEO) and Elizabeth Farabee (VP Marketing)

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BBC Easy Saves Borrowers and Lenders Time by Automating the Verification Process

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This is a part of our live coverage of FinovateSpring 2013.
Last up in the first morning session, BBC Easy showed how it can help make the borrowing process fast and simple:

“BBC Easy reads lender-specified data directly from the borrower’s accounting systems for verifying loan compliance and financial viability. BBC Easy also fully calculates the borrowing base certificate for borrowers saving massive time for lenders and borrowers. It is mind-bogglingly simple to use for lenders and borrowers and provides brilliant growth potential for commercial lenders.”

Product Launch: November 2012
HQ: Seattle, WA
Founded: August 2010
Metrics: 6 employees
Website: bbceasy.com  
Twitter: @BBC_Easy
Presenting James Walter (CEO) and Corey Ross (VP Sales)

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