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“The InterAcct product suite encompasses self-care, mobile banking/payments, direct handset reload, authentication and secure messaging for Mobile Network Operators and financial institutions.”
“ScoringLab is simulation-based classroom training for bankers that addresses the usage of credit scores in retail banks. In ScoringLab, players are pitted against each other to operate virtual banks. That’s right – flight simulators for bankers! Although scores are used globally, it can be difficult to diagnose and understand customer trends, shifts, and impacts to model efficacy.
First, players must make portfolio underwriting decisions, and as the portfolio matures, manage the effects of external influences on customer behavior and model performance. The challenge is to run the most profitable bank with the most satisfied customers. May the best team win!”
“The Wipro SmartOffers Solution powered by Intuition Intelligence’s iCube Super Relevancy engine provides bank customers with the right digital offers at the right moment that they can redeem at merchants for benefits/discounts at the time of purchase.
These offers are merchant or bank funded at the bank’s preference. The main differentiator of the SmartOffers solution is that unlike the aggregator-centric models currently in practice in the market, the solution champions the bank-centric offer model. Wipro believes the aggregator-centric model does not bring significant benefits to the bank or the bank’s customers and banks actually face significant disadvantages since the aggregators control the entire lifecycle of offer creation and consumption.
Aggregators can also access significant customer spend and preferences data, which they may or may not be willing to share. Banks, therefore, are left only as participants in the entire value chain. The Wipro solution intends to give the power back to the bank.”
“BellaDati is an agile analytics and reporting cloud tool that reinvents the way in which business users can interact with data. All you need is a web browser or mobile device.
It turns ATM, mobile, e-banking, sales or fraud data into the visualized reports and dashboards. BellaDati data-warehouse includes ready connectors for huge databases and services like Oracle, SalesForce, Facebook, Intuit Quickbooks or a simple Excel spreadsheet.
The solution brings three layers of innovation– for management, analyst and developer. Heads of retail and operations in banks can consume and comment on charts and tables in reports via their iPad/iPhones. Analysts can drill-in and slice data to create regional ATM reports without coding.”
Concluding the session before lunch, Smart Engine took the stage with its loyalty platform:
“Smart Engine is demonstrating the end-to-end process of offer creation, personalization, delivery to the bank’s client via smartphone, acceptance, purchase in accordance with the offer details, and merchant campaign reporting.
The tool can create personalized offers for new customers who are similar to existing customers by using metrics like number of times they shop, how much they spend, and their geolocation.”
“DemystData’s Credit-in-a-Box suite enables financial institutions to leverage the power of big data and machine learning to make better lending decisions. As customer information becomes available, the DemystData API provides for real time aggregation of thousands of publicly available attributes from sources including social networks and online searches and returns this data in a structured, easy to comprehend format. Transparent, modern day scores analyzing factors such as customer identity and behavior provide lenders with an additional mechanism of knowing who their customers are and measuring financial risk and customer value.”
“In the last 4 years, Tagit Mobility Platform, Mobeix, has been adopted by several leading enterprises. But, we believe mobility should be for all – large, medium and small enterprises.
With this vision, we started our journey to build the “Mobeix Open Platform” through which enterprises can build, launch and manage apps on their own. Using the Tagit Open Platform, merchants and enterprises will be able to develop and deploy apps for their customers and employees in no time. We will demonstrate how easy it is for anyone to register on this platform and start building apps.”
“Econography is the study of spending profiles of a population of a region and the culture of its people, down to the postcode level, including consumer and business spending by age, location, family status, income, and spend. Econographic trends describe the historical changes in spending (for example, the average spending in a category such as “Eating Out” may increase or decrease over time). People Like U is an econographic tool that gives consumers the ability, for the first time, to compare their own spending to the actual spending habits of other Australians.”
“Figlo announced the global launch of their tablet solution for Financial Product Advice. Figlo offers insurance companies a leading edge tablet application for financial product advice which gives a quick overview of the client financial situation and facilitates product advice and sales.The tablet solution will push the boundaries of current financial product advice in the insurance and bancassurance industry, and shows how it can help advisors and sales agents to provide more transparent and interactive advice to their customers. The application integrates with Figlo’s applications for personal financial planning and personal finance management for complete financial insight. Through a secure connection with an existing CRM system, mid- and back office basic client data is already pre-filled.”
“SocietyOne is launching a smartphone loan application channel solution that simplifies the process of applying for a loan and minimizes manual data entry requirements by leveraging the customer’s third party data. ClearMatch’s credit decision engine is being enhanced to cater for new metrics and behavioral attributes of consumers in the loan provisioning and pricing process.”
“Mobiliti from Fiserv is the world’s most deployed mobile banking and payments platform. Mobiliti Reach aims to make financial services simultaneously available to banked and unbanked consumers alike in emerging and fast-growing markets. It includes a comprehensive payments engine to enable person-to-person payments, bill presentment and payments, and top up and merchant payments.”
“CurrencyFair has completely upgraded the interface on its MarketPlace, making the process of order execution even simpler and more efficient. The new layout allows customers to easily and clearly view the market depth, helping them choose an appropriate exchange rate for their MarketPlace order.Using CurrencyFair’s new MarketPlace, it is possible for customers to achieve an exchange rate approaching, and in many cases even better than, the market interbank rate otherwise only available to market professionals dealing in millions.”
