Blog - Page 1018 of 1193

Ixaris Demonstrates Customizable Card Program in a Box

By Julie Muhn (@julieschicktanz) Posted on February 7, 2012
Categories: FinovateEurope 2012, Ixaris

Ixaris unveiled Opn Cardworks, a solution that allows businesses to set up their own prepaid card:

“Opn Cardworks is the latest and most powerful solution available through Ixaris Opn. Cardworks provides everything a business needs to set up and run its own prepaid card programme: virtual and/or plastic cards, technology, banking relationships, and risk and compliance oversight. We like to think of it as a customizable card programme in a box.

With Opn Cardworks, companies can bring a card programme to market in just weeks instead of several months. Without Opn Cardworks, businesses would need to identify, develop, and execute each facet of the programme on their own, which can be daunting, time consuming, and expensive.”

Product Launched: February 2012

HQ Location: London, United Kingdom
Company Founded: September 2003
Metrics: Over 1 million registered users, over 2.2 million transactions totaling $200 million in volume and generating $13.6 million in revenue, 85 employees, headquartered in London
Website: ixaris.com

Presenting Tim Murfet (CIO) & Barbara Durand (Marketing Director)

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Figlo Makes Financial Planning Accessible on Any Device

By Julie Muhn (@julieschicktanz) Posted on February 7, 2012
Categories: Figlo, FinovateEurope 2012

Later today, Figlo demonstrated how its widget-based platform helps financial institutions engage customers:

“A complete solution to gain insight in financial matters on a consumer level. The Figlo consumer portal makes financial planning accessible for everyone on any device. The portal increases customer engagement and can be used as an onboarding tool. It is based on widgets and exposes the Figlo functionalities using a system in which content is displayed onscreen during editing (WYSIWYG editor). The drag and drop system enables a quick time to market. By integrating these widgets into social media, the fun factor of financial planning is guaranteed. Get engaged with your customer using this portal.”

Product Launched: Beginning Q2 2012

HQ Location: Capelle aan den IJssel, Netherlands

Company Founded: October 1996

Metrics: 82 employees in the Netherlands, variable off‐shore development team in Manila, Philippines, more than 15,000 financial advisors, about 2 million consumers

Website: figlo.com

Presenting Dorien van der Linden (Sr. Account Manager)

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AcceptEmail’s Service Creates an Electronic Bill that Can Be Paid by Mobile

By Julie Muhn (@julieschicktanz) Posted on February 7, 2012
Categories: AcceptEmail, FinovateEurope 2012

Today, AcceptEmail demonstrated a feature that enables mobile bill pay:

“Recently we have added a Short Invoice Service, which creates an electronic bill, including payment capability for mobile phones using SMS, WhatsApp or Twitter. This new feature of AcceptEmail adds the mobile space to the service and enables fully automated credit management. AcceptEmail has also expanded their set of payments methods that can be used via PSP’s with the availability of many new international online payment methods, debit, and credit cards.”

Product Launched: July 2007

HQ Location: Amsterdam, Netherlands
Company Founded: December 2006
Metrics: Triple digit growth last 2 years, 120 customers (billers), 4 million+ registered users, 10 employees
Website: acceptemail.com

Presenting Peter Kwakernaak (CEO) & Geerten Oelering (COO)

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Kabbage’s ScoreKard Gives Online Merchants a Dashboard of Health

By Julie Muhn (@julieschicktanz) Posted on February 7, 2012
Categories: FinovateEurope 2012, Kabbage

Afterwards, Kabbage showed how its ScoreKard can inform online merchants about their store’s health:

“Kabbage is introducing the Kabbage ScoreKard, which enables online merchants to:

a) view a comprehensive dashboard of their online store health

b) generate a score corresponding to both the breadth and depth of their merchant health

c) obtain this information in a portable format to share with a third party with whom they may conduct business.”

Product Launched: February 2012

HQ Location: Atlanta, GA
Company Founded: February 2009
Metrics: Raised $26 million in equity, 35 employees, more than 10,000 accounts, millions of dollars advanced each month
Website: kabbage.com

Presenting Robert Frohwein (CEO) & Kathryn Petralia (COO)

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Sandstone Launches Mobile Banking App

By Julie Muhn (@julieschicktanz) Posted on February 7, 2012
Categories: FinovateEurope 2012, Sandstone

Next, Sandstone showed how even small financial institutions can have a presence in the app store:

“Sandstone will be showcasing its next generation mobile banking app that contains sophisticated money management/ OFM tools, the latest anti-fraud and security measures, and advanced user experience capabilities.

Using the latest html5 technology, the app can be developed once and then delivered seamlessly across many of the popular smart phone app stores to run on nearly all smart phone devices. The registration process for the app locks the user to the device while page-fingerprinting technology ensures that fraudulent users will not be able to connect to the secure server.”

Product Launched: February 2012

HQ Location: Sydney, Australia

Company Founded: June 1996

Metrics: Privately owned, offices in Australia, Asia and Europe The company grew from 40 employees in 2007 to over 200 employees in 2011.

Website: sandstone.com.au

Presenting Dom Monty (General Manager, Direct Banking Solutions) & Timmy Alassad (Product Manager, Direct Banking Solutions)

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Striata Launches Paperless Adoption Technology

By Julie Muhn (@julieschicktanz) Posted on February 7, 2012
Categories: FinovateEurope 2012, Striata

Starting off the final session, Striata launched eConsent:

“Striata will demonstrate its paperless adoption technology, which moves the control of paperless conversion into the hands of the biller – no longer relying on the customer to proactively enroll and switch off paper. This results in optimal adoption and faster ROI.

Banks and financial institutions invest heavily in online initiatives aimed at reducing paper, but struggle to get customers to adopt their technology. To achieve ROI on paperless solutions, innovation at the adoption point is crucial. Our innovative adoption techniques not only completely eliminate the registration barrier but also enable customers to switch off paper in just one click.”

Product Launched: February 2012

HQ Location: New York, NY
Company Founded: February 1999
Metrics: Privately owned/investment trust, 13 years of revenue growth and profitable for the past 11 years, 100+ employees
Website: striata.com

Presenting Michael Wright (CEO) & Tamara Hanley (Global Marketing Manager)

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Meniga Upgrades PFM to Align with How People Think About their Money

By Julie Muhn (@julieschicktanz) Posted on February 7, 2012
Categories: FinovateEurope 2012, Meniga

Wrapping up the third session, Meniga demonstrated its enhanced PFM:

“Meniga is expanding its PFM Solution so that it completely merges with the traditional online/mobile bank, adding highly user-centric interfaces for several key online banking functions, such as bill-pay, alerts, and account presentation.

The interface de-emphasizes real accounts and actual balances and instead shows ‘uncommitted balance’ and virtual accounts that are better aligned with how people think about their money. It allows users to automate routine tasks and includes an alert framework designed to bring peace of mind by alerting users before bills go unpaid or before any account’s balance becomes too low to meet commitments and forecasted expenses.”

Product Launched: December 2009

HQ Location: Reykjavik, IcelandCompany
Founded: March 2009
Metrics: $1.3 million raised, 18 employees, 5 implementations with retail banks in Sweden, Norway, and Iceland
Website: meniga.com

Presenting Georg Ludviksson (CEO & Co-Founder) & Einar Gustafsson (VP of Product Management)

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Luup’s Wallet System Facilitates the Internal Authorization Process

By Julie Muhn (@julieschicktanz) Posted on February 7, 2012
Categories: FinovateEurope 2012, Luup

Then, Luup demonstrated how it can ease the pains of internal travel authorization and budget management:

“Luup is redefining payments with its universal mobile payment platform and solutions. At FinovateEurope, Luup is launching a service that revolutionises corporate & government travel authorisation and budget management.

Enabled by Luup’s successful Remote Authorisation & Mobile Wallet products, the new service optimises processes, creating huge efficiency and productivity gains. Gone are the days when employees have to chase managers for budget and trip approvals while costs rise exponentially by the hour. With Luup’s latest service, travel budgets are managed in Luup’s wallet system that enables travel requests, authorisations and payments within minutes from anywhere, on any mobile device.”

Product Launched: March 2012

HQ Location: London, UK
Company Founded: 2002
Metrics: 50+ employees, 3 core locations, 3 award recognitions in 2011
Website: luup.com

Presenting Martin Wilson (CEO) & Georg Fasching (VP of Products)

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Wipro Brings Customer Acquisition to the Tablet

By Julie Muhn (@julieschicktanz) Posted on February 7, 2012
Categories: FinovateEurope 2012, wipro

Today, Wipro showed off its banking sales and service app for tablets:

“One of the primary tools the Direct Sales Agents need is a tablet variant of unified desktop. The banking sales and service tablet application which Wipro is developing is essentially a step in this direction. As a first step, Wipro has developed a customer acquisition framework on a tablet-based device. This solution leverages mobile, analytics, and intelligent processes for on-the-go personalized offers and application capture. The solution is also relevant in next generation bank branches wherein a differentiated environment is created for HNI customers. In fact, boutique bank branches have been received well with the digital generations.”

Product Launched: February 2012

HQ Location: Bangalore, Karnataka, India
Company Founded: 1945
Website: wipro.com/industries/banking

Presenting Shankar Sundarrajan (Head, Enterprise Banking)

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Handpoint Launches Secure Payment Solution for Tablets and Smartphones

By Julie Muhn (@julieschicktanz) Posted on February 7, 2012
Categories: FinovateEurope 2012, Handpoint

Afterwards, Handpoint launched its Headstart Technology:

“Handpoint Headstart is the first totally secure mobile Chip & PIN payment solution for tablets and smartphones. With our Platform-as-a-Service solution, acquiring banks and MNOs can offer small/micro merchants card payments on smartphones and tablets under their own brand name. The Handpoint Headstart solution supports magstripe (MSR), Chip & PIN, Chip & signature, and contactless NFC payments (2012).

Handpoint Headstart payment solution is not only a mobile solution, it is also a Full-Commerce solution meaning that it works on many different devices, for example smartphones, tablets, mobile terminals, and PCs (tills) in an online and an offline world.”

Product Launched: February 2012

HQ Location: Cambourne, Cambridge, UK

Company Founded: 1999

Metrics: $2 million raised, 35 employees

Website: handpoint.com

Presenting David Gudjonsson (CEO) & Thordur Thorarinsson (CFO)

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Finsphere’s Solutions Keep Online Banking Secure

By Julie Muhn (@julieschicktanz) Posted on February 7, 2012
Categories: FinovateEurope 2012, Finsphere

Then, Finsphere demonstrated its security services:

“A suite of solutions that includes fraud management services for financial institutions and online merchants, access management services for enterprise and cloud computing environments, and PinPoint, a consumer-focused fraud protection service for financial services providers. Finsphere’s Identity Security Services platform provides the basis for expanding the solution sets to monetize wireless data across industry segments worldwide.”

Product Launched: Commercially available

HQ Location: Bellevue, WA
Company Founded: 2007
Website: finsphere.com

Presenting Robert Boxberger (President) & Jeff Brennan (Chief Privacy Officer)

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Tradeshift’s Instant Payments Gives Businesses a Faster Way to Receive Cash from Invoices

By Julie Muhn (@julieschicktanz) Posted on February 7, 2012
Categories: FinovateEurope 2012, Tradeshift

Next, Tradeshift showed off its Instant Payments technology that will be released in April of this year:

“Instant Payments will allow businesses – and particularly SMEs – to receive instant payment for invoices approved through the platform. Companies will benefit from interest rates significantly lower than alternative funding options and will no longer see cash flow impacted by long payment terms or late payers. This new service integrates seamlessly with Tradeshift’s existing e-invoicing solution which is free to suppliers, providing the financial flexibility small businesses need to succeed.”

Product Launched: April 2012

HQ Location: San Francisco, CA
Company Founded: May 2010
Metrics: 60 employees, 60,000 signups across 190 countries, $30 million USD (YTD) in funding
Website: tradeshift.com

Presenting Christian Lanng (CEO) & Jeppe Rindom (CFO)

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