“CreditLab is simulation gaming for retail bank risk managers. The launch Web App product supports team competition in a facilitated learning environment and when offered as an institutional license, future versions will support multiplayer online competition and individual seat license. Is it e-learning? Thankfully, no. Is it Angry Birds for bankers? Regrettably, no. It is engaging, but designed to reinforce important skills and technical concepts. That’s right – flight simulators for bankers! CreditLab focuses on credit risk management skills, pitting teams against each other to make tough choices and tradeoffs with their portfolios.”
Personal Capital Debuts its Mobile Money Movement Tech
“Personal Capital is demoing its iPad app and previewing its iPhone app at FinovateSpring. Personal Capital believes that individuals should be able to access their financial information anywhere, anytime.
The iPad and iPhone apps include never-seen-before features:
- FaceTime allows the unique ability to communicate “face-to-face” with your financial advisor
- The Stock Options Tracker enables entrepreneurs, start-ups, and private investors to monitor private company stock and restricted public equity values, helping them better understand stock options. The apps are secure, free, and interactive, while allowing for real-time financial updates and asset allocation monitoring, all on-the-go.”
Actiance Helps Financial Institutions and Advisors Track Social Media Activity
“Socialite Engage helps Financial Advisors share relevant and pre-approved content, ensure authenticity of voice, measure impact and increase engagement to grow their business. The Socialite platform helps Financial Institutions protect their brand and ensure compliance, while allowing employees to share relevant content, measure impact, and increase engagement.”
BillGuard Introduces BillGuard FI, a Solution for Online Banking
“BillGuard FI brings BillGuard’s award winning 24/7 bill monitoring, in-statement P2P knowledge sharing and direct-to-merchant resolution to online banking. Card issuers seamlessly integrate BillGuard FI to generate new value-add service revenue and lower inquiry and dispute processing costs.”
Expensify Trips Aims to Make Travelling Easier
Then, Expensify showed how its Trips platform makes travelling easier by helping you get a head start on processing travel receipts:
“Expensify Trips! Forward your travel itineraries to receipts@expensify.com and let SmartScan pull out the details for fast access inside the Expensify mobile app (iPhone, Android, BlackBerry, Windows Phone). Includes everything you’d expect – streamlined presentation, offline access, flight reminders, etc. But since travel itineraries are also travel receipts, this means you’re halfway done with your expense report before you even get started: create your whole report in one click after you land, receipts and all. After all, travel itineraries are just expense reports waiting to be submitted, so why not kill two birds with one stone?
Expensify Trips is one more way Expensify gets a little better (or in this case – a lot better), every day. Free to sign up, free to use, and lots of premium goodies on top.”
Social Money’s GoalSaver Helps Financial Institutions Create a Fun Way to Save
“By using the configurable GoalSaver program, any financial services company in the world may offer its customer base an innovative and attractive approach to saving – quickly and for a fraction of the cost of a new program.
The product helps any FI create a social strategy, increase customer engagement and retention, cross-sell other products, drive brand awareness, and gather valuable data on future spending. The system is available to any bank, in any language, using any currency, as a way to create a scalable and customizable application for goal savings. GoalSaver may also be leveraged by leading merchants (Christmas clubs and wish lists), and a host of other industries, such as prepaid or payment processing companies.”
Affinity Solutions Launches Coupon-On-a-Card
“Coupon-on-a-Card is a patent-pending product allowing consumers to either pre-purchase or opt-in to a retailer offer and then receive the discount at the point-of-sale through the credit card swipe, not in a statement credit, but in real-time.
Retailers will be able to use Affinity’s proprietary segmentation strategies to create a marketing campaign and banks will be able to deliver the offer totally through the plastic, with no need to deal with paying up-front and receiving a statement credit later.
The receipt will show the split-tender transaction, only charging the credit/debit card for the final amount due, after the discounts/offer is applied.”
BancBox’s APIs Cover All Types of Money Movement
“We’ve integrated with banks so our clients don’t have to. With an out-of-the-box set of APIs that cover the entire money movement flow, BancBox customers can integrate payment services in just a few days rather than months and can leverage the platform to scale and adapt to new requirements as needed.”
Taulia Launches its Early Payment Network
“Taulia is an expert in Early Payments through Dynamic Discounting. We are launching our Early Payment Network, which expands the power of Early Payments beyond our existing network to every business. The combination of our knowledge of Dynamic Discounting, our network of financing sources, and our new API allows us to extend our Early Payment Network to users of any accounting system, ERP software or e-invoicing network. In fact, any financial software provider can now offer Dynamic Discounting directly to their install base via the new Taulia-powered API. A very simple, one-time integration opens the door for the financial software provider to instantly share in the revenue generated by Early Payments.”
WattzOn Shines Light on How Banks Can Drive Loyalty with Energy Management
“WattzOn is a personal energy management platform that provides tools to help people use less energy and save money on an everyday basis.The WattzOn Marketplace: A marketplace for energy-saving products and services (such as appliances, windows, solar systems, hybrid and electric cars), to be combined with financing (loans, credit cards, savings accounts, Home Equity Lines Of Credit, mortgages) and rebates to create compelling energy and money-saving opportunities.The WattzOn Platform for Financial Services: Increase consumer engagement and drive loyalty with our WattzOn Personal Energy Management Platform. Incorporate branded personal energy management capabilities with your website or app. Provide your consumers with more ways to save money and promote complementary financial products, such as credit cards, car and home loans. Can be undertaken as a branded experience (for example, “MyBankGreenHome.com”) or integrated into your existing website or mobile app through our web services (APIs).”
Dwolla Releases New FiSync Iteration
“Dwolla is releasing the newest iteration of FiSync, the company’s revenue-generating financial services product.”
- Funding:
- Series B: $5 million (Union Square Ventures, Thrive Capital, Village Ventures & more)
- Series A: $1.3 million
- Employees: 20+
- Users: 100,000+
- Merchants: 10,000+
FinovateSpring 2012 Kicks Off Tomorrow
It turns out that setting up for 1,200 attendees takes a bit more time than we had anticipated. But everything is set, the demos are all working, and we are ready to kick things off Tuesday morning at 9 AM sharp.
You can read all about the 64 product launches during the next two days at our Finovate blog. And we’ll be tweeting away from @finovate while hundreds of others do the same with the #finovate hashtag.
To everyone joining us in San Francisco, and for all that are following from afar, we truly appreciate it!