FinovateSpring Sneak Peek: cyberProductivity

FinovateSpring Sneak Peek: cyberProductivity

cyberProductivity_homepage_April2017

FS2017-Logo(rev)V1A look at the companies demoing live at FinovateSpring on April 26 & 27 in San Jose. Pick up your tickets today and save your spot.

FinAutomate, the automated accounting platform from cyberProductivity, helps SMBs manage cash in real-time, and boosts sales of factoring, loans and payments. The bank branded solution is delivered within the banking internet platform.

Features

  • Features real-time booking, automated alerting, and task planning
  • Creates new sales scenario for banks thanks to real-time accounting data
  • Attracts new clients to boost sales of factoring and loans

Why it’s great
Make your SMB clients happy and loyal by extending the banking experience with a bank branded automated accounting platform. Help SMBs to manage cash and be the first to offer factoring and loans when needed.

cyberProductivity_RafalStrzelecki_2Presenters

Rafal Strzelecki, President of the Board, CEO
Strzelecki is a serial entrepreneur with a recent exit from BPO company. He has ten years experience in AI, accounting, robots, and is a bank branded cloud accounting expert, a CEMBA, and an automation engineer. He was a MIT FinTech Future Commerce Finalist.
LinkedIn

 

cyberProductivity_TomGorski_2Tom Gorski, Head of SME Business at mBank
Gorski heads 500k+ SMB division at mBank. He was BCG Manager for nine years, based in Chicago, Warsaw, and Kuala-Lumpur, and has an EMBA from Columbia Business School. mBank won the Best Bank for SMEs (Forbes) and EFMA-Accenture Silver Medal in 2016.
LinkedIn

 

cyberProductivity_RobertKaliszuk_2Robert Kaliszuk, CIO
Kaliszuk is an experienced IT manager with a track record in complex project management and innovative technology implementation.
LinkedIn

FinovateSpring Sneak Peek: AFS

FinovateSpring Sneak Peek: AFS

AFS_homepage_April2017

FS2017-Logo(rev)V1A look at the companies demoing live at FinovateSpring on April 26 & 27 in San Jose. Pick up your tickets today and save your spot.

AFS is the only provider that has an agile, out-of-the-box, commercial lending solution geared for growth – AFSVision – that is mobile and digital, operating in real-time.

Features

  • Mobile enabled for the on-the-go
  • Real-time to speed up customer interaction
  • Cloud-based to be agile, compete, and grow

Why it’s great
AFSVision, an agile, commercial lending solution that operates in real-time. It shrinks turn times to strengthen existing relationships, providing more time to win new deals.

AFS_ChrisMacielPresenters

Chris Maciel, Director
Maciel has a 25-year proven track record of matching clients to the innovative financial and technology solutions needed to help grow business and drive revenue.
LinkedIn

 

AFS_MarkDeese_2Mark Deese, Global Product Manager
Deese collaborates with technology innovators to provide strategic product initiatives that help a wide array of clients benefit from AFSVision’s robust capabilities.
LinkedIn

 

 

John Dubil, Managing Director Application Development
AFS_JohnDubil_2Dubil leverages 25+ years of developing and successfully delivering innovative, complex lending solutions for the financial industry to help clients achieve their growth and business goals.
LinkedIn

FinovateSpring Sneak Peek: FUCO & Solution

FinovateSpring Sneak Peek: FUCO & Solution

FUCO_homepage_April2017

FS2017-Logo(rev)V1A look at the companies demoing live at FinovateSpring on April 26 & 27 in San Jose. Pick up your tickets today and save your spot.

FUCO & SOLUTION specializes in assisting financial institutions in customer communication and account management with innovative, interactive robo-statements.

Features

  • Advisory: Suggest right-for-you financial products interactively
  • Transactional: Complete online application and transaction in one place
  • Social empowered: Circle-economy engagement

Why it’s great
Statements are the best, most direct ,and most trustworthy channel for banks to communicate with clients.

FUCO_AlexLin_2Presenter

Alex Lin, Chairman and CEO
With 15+ years professional services/solutions experience in information and financial fields, Lin successfully helps major banks to move into fintech era to elevate user services for the next generation.
LinkedIn

FinovateSpring Sneak Peek: Tavant Technologies

FinovateSpring Sneak Peek: Tavant Technologies

Tavant_homepage_April2017

FS2017-Logo(rev)V1Tavant VELOX is a digital product suite offering a fluid omni-channel experience and high velocity execution: from home delivery to loan funding.

Features

  • Reduces loan origination costs by 40%
  • Routes loan efficiently through path of least resistance
  • Eliminates paper with digital loan file

Why it’s great
Tavant VELOX enables hyperconnected lending, turning every element digital.

Tavant_AbhinayAsthana_2Presenters

Abhinav Asthana, Director of Products
Asthana heads product innovation and strategy for Tavant’s consumer lending product suite, VELOX. Previously, he ran product strategy and headed the innovation roadmap for a leading LOS (NetOxygen).
LinkedIn

 

Tavant_MohammadRashid_2Mohammad Rashid, Vice President, Consumer Lending
Rashid heads consumer lending and capital markets at Tavant Technologies. He provides strategy and thought leadership to enable growth and comes with more than 25 years of expertise in the lending space.
LinkedIn

Finovate Alumni News

On Finovate.com

  • Check out our latest FinovateSpring Sneak Peeks featuring Tyro, FUCO & SOLUTION, Eltropy, AFS, cyberProductivity, and Tavant Technologies.
  • Mastercard’s Biometric Payment Card: the Good, the Bad, and the Ugly.

Around the web

  • Business Today India features algorithm-based, stock market research platform, MarketsMojo.
  • Tennessee-based SouthEast Bank to deploy DNA core account processing platform from Fiserv.
  • Yorkshire Building Society to leverage technology from Capriza to support transition to mobile.
  • CoverHound to offer insurance quotes for rideshare drivers.

This post will be updated throughout the day as news and developments emerge. You can also follow all the alumni news headlines on the Finovate Twitter account.

Robo Advisor Wealthfront Launches Line of Credit to Make Users More Liquid

Robo Advisor Wealthfront Launches Line of Credit to Make Users More Liquid

Screen Shot 2017-04-19 at 1.49.41 PM

Robo advisor pioneer Wealthfront must know that opposites attract: in this case, it’s saving and investing. Today, the company launched a securities-based lending option– a line of credit that allows its users borrow against their own savings accounts.

Through the new Portfolio Line of Credit program, the Redwood City, California-based company will enable users with taxable accounts of over $100,000 to access cash from their portfolio without disrupting their investment strategy. There is no application process or credit check to access the funds, which can amount to up to 30% of the user’s account total and can be accessed within one business day. Because the loan is backed by the borrower’s existing savings, the company is offering rates ranging from 3.25% to 4.50%– much lower than the industry standard.

Wealthfront offers a range of savings accounts, including trust accounts; joint accounts; traditional, SEP, and Roth IRAs; 401(k) rollovers; and a 529 college savings account. In addition to managing these account types, the company offers Selling Plan, a program to help employees diversify their concentrated holdings of company stock.

Founded in 2008 as kaChing, Wealthfront is managing $6 billion for 115,000 clients. The company debuted at FinovateSpring 2009. Earlier this year, Nerdwallet named Wealthfront a Top Pick, placing the company among the best robo advisors overall.

FinovateSpring Sneak Peek: HEDG

FinovateSpring Sneak Peek: HEDG

HEDG_homepage_April2017

FS2017-Logo(rev)V1A look at the companies demoing live at FinovateSpring on April 26 & 27 in San Jose. Pick up your tickets today and save your spot.

HEDG is changing the investment industry by creating an ultra-personalized investment experience, eliminating generic ETF offerings and enabling human advisors and investors to engage.

Features

  • Builds unique “funds” for each user rather than a generic ETF
  • Offers personalized investment advice due to the unique portfolio of each investor via AI engine
  • Connects users with an advisor

Why it’s great
HEDG has changed the dynamic in digital investing. Rather than treating people as a generic risk score, HEDG builds personalized investment funds and connects users with human investment advisors.

HEDG_RobertRutherfordPresenters

Robert Rutherford, Founder, CEO
Rutherford is the founder and CEO of HEDG. He has extensive experience across fintech and financial services from the Fortune 500 – JP Morgan and VISA – to venture-backed startups such as Dwolla.
LinkedIn

 

HEDG_DanHoffmanDan Hoffmann, Co-founder, Product and Engineering
Hoffmann has been in product and engineering for over a decade, building technical solutions for a variety of industries including sports, music, and advertising.

FinovateSpring Sneak Peek: SynapsePay

FinovateSpring Sneak Peek: SynapsePay

SynapsePay_homepage_April2017

FS2017-Logo(rev)V1A look at the companies demoing live at FinovateSpring on April 26 & 27 in San Jose. Pick up your tickets today and save your spot.

SynapsePay provides instant identity authentication via a 5 second, user-uploaded video. No need for live agent nor associated costs. All technology powered by AI using vision, speech, and lip reading algorithms.

Features

Video Auth: Vision, Speed, and Lip Reading. All  three work together to eliminate the chance of fraudulent transactions and account openings. Also eliminates staffing and customer acquisition costs.

Why it’s great
Identity authentication using just a five-second video. No human intervention. Eliminates fraud. Instant, accurate, reliable, and easy to integrate into your platform and processes.

SynapsePay_SankaetPathakPresenter

Sankaet Pathak, CEO and Founder
Pathak lay the foundations of Synapse while completing a Master’s in computer engineering at the University of Memphis. He is driven by a need to make quality banking products accessible to all.
LinkedIn

FinovateSpring Sneak Peek: Unison

FinovateSpring Sneak Peek: Unison

Unison_homepage_April2017

FS2017-Logo(rev)V1A look at the companies demoing live at FinovateSpring on April 26 & 27 in San Jose. Pick up your tickets today and save your spot.

Unison is the leading provider of home ownership investments: a new and revolutionary financial product category based on partnership, not debt.

Features

  • Financing for home owners and home buyers
  • Use the money for 30 years with no interest or payments
  • As a partner, Unison shares in the home’s change in value

Why it’s great
This is a game changer – it’s the biggest innovation to come along in residential real estate financing in recent memory.

Unison_JimRiccitelliPresenters

Jim Riccitelli, Co-CEO
Riccitelli leads the product design, business development, and operating platform teams responsible for the company’s flagship programs: Unison HomeBuyer and Unison HomeOwner.
LinkedIn

 

 

FinovateSpring Sneak Peek: Hedgeable AI Lab

FinovateSpring Sneak Peek: Hedgeable AI Lab

Hedgeable_homepage_April2017

FS2017-Logo(rev)V1A look at the companies demoing live at FinovateSpring on April 26 & 27 in San Jose. Pick up your tickets today and save your spot.

The Hedgeable AI Lab builds artificial intelligence applications utilizing machine learning, deep learning, and NLP for Hedgeable and partner financial institutions globally.

Features

  • Hedgeable’s artificial intelligence platform Katana automates sophisticated wealth management.
  • Intelligent personal assistant replaces need for an advisor.
  • Bot uses voice and chat technology.

Why it’s great
According to a recent PWC report, 61% of U.S. financial services jobs can be automated by AI. The Hedgeable AI Lab is working to replace human across all advisory and wealth management functions.

MatthewKane_HedgeablePresenters

Matthew Kane, Co-Founder
Kane is co-founder and Chief Ninja of Hedgeable and co-founder of Hedgeable AI Lab.
LinkedIn

 

 

SiddharthSharma_HedgeableSiddharth Sharma, Co-Founder
Sharma is Tech Shogun of Hedgeable and co-founder of Hedgeable AI Lab. He was a senior risk analyst at McKinsey & Company, and a senior software engineer at S&P Capital IQ.
LinkedIn

FinovateSpring Sneak Peek: AccountScore

FinovateSpring Sneak Peek: AccountScore

AccountScore_homepage_April2017

FS2017-Logo(rev)V1A look at the companies demoing live at FinovateSpring on April 26 & 27 in San Jose. Pick up your tickets today and save your spot.

AccountScore is a technology, data, and analytics platform for lenders and other financial services providers, analyzing bank transaction data to transform their credit processes.

Features

  • Clean, structured, and categorized transaction data set
  • Usable automatically via API or manually through the AccountScore dashboard
  • Specifically optimized insights for lending

Why it’s great
A bank transaction data set that is fully optimized for lending with state of the art categorization and insights to incorporate into a credit model.


AccountScore_EmmaSteeley2Presenter

Emma Steeley, Commercial Director
With ten years’ experience of fintech consumer lending, Steeley is passionate about connecting financial services businesses to AccountScore’s cutting-edge data and technology platform.
LinkedIn

FinDEVr APIntelligence

FDLD17_EventLogoV1_wdate(large) (1)We saw some great stuff at FinDEVr New York last month; stay tuned for videos of the live presentations! If you missed out, check out FinDEVr London on June 12 & 13 during London Tech Week. Register today and save big time.

On FinDEVr.com

  • Xero sees $26.4 Million investment

Alumni updates

  • Money management app, TD MySpend from TD Bank, closes in on one million users.
  • ACI Worldwide broadens its relationship with Ant Financial Services mobile payment provider, Alipay.
  • PayPal teams with Android to launch a new way to pay.
  • i-exceed earns Gartner Magic Quadrant recognition as notable vendor in Asia Pacific for mobile app development platforms.
  • Former Kabbage CTO Amala Duggirala joins Regions Bank as its new CIO.
  • FICO announces partnership with economic empowerment non-profit, Operation HOPE.
  • Forrester names Kofax a leader in ECM transactional content services.
  • OutSystems launches global partner program, connecting integrators, resellers, and consultants to its low-code development platform.

Stay current on daily news from the fintech developer community! Follow FinDEVr on Twitter.