“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.”
Author: Julie Muhn (@julieschicktanz)
Cymonz Enables Financial Institutions to Integrate Currency Exchange and International Payment 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.”
Arxan Helps Defend Financial Institutions’ Mobile Apps Against Fraud, Malware, and Unauthorized Access
“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.”
PayNearMe Launches White-Label Offering
“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.”
Refundo Launches 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.”
Credit Sesame Launches Goals Feature and Visual 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.”
The Reprogrammable GoNow Card Transforms into Any Credit, Debit, or Stored Value Card
“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.”
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.
“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.”
Yseop Financial’s Software Suite Uses Artificial Intelligence to Help Save Time and Money Spent Writing Reports
“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.”
BBC Easy Saves Borrowers and Lenders Time by Automating the Verification Process
“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.”
Kofax Debuts Customer On-Boarding Solution
“Kofax will demonstrate how banks can onboard customers to specific products, services or accounts and capture customer content, data, and documents in support of the onboarding process directly from the mobile device.
Customers will be prompted to submit information that is automatically extracted, validated for accuracy, and then utilized in the decision process. In cases of exceptions or errors, users will interactively be guided through the resolution process of providing a trailing document (supplemental information) or providing additional clarification or information for the purpose of opening the account.”
Fiserv’s Snap to Tag Feature Brings More Detail to PFM
“Snap to Tag brings together real-world receipts with digital experiences. It enables consumers to take a photo of a merchant receipt within their mobile banking application, extracting key data elements and automatically attaching the image and its data to transaction details within mobile and online banking transaction listings. Consumers can then review the image if they have any queries at some point in the future. It addresses specific use cases like having receipts for expense management and / or product warranties.Snap to Tag will be a feature within our Mobiliti application – our market leading mobile banking and payment platform.”