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.

Finovate Alumni News

On Finovate.com

  • Check out this week’s FinDEVr APIntelligence.
  • Robo Advisor Wealthfront Launches Line of Credit to Make Users More Liquid.
  • Our latest FinovateSpring Sneak Peeks are up! Meet Unison, Hedgeable AI Lab, AccountScore, SynapsePay, and HEDG.

On FinDEVr.com

  • Xero Sees $26.4 Million Investment

Around the web

  • Money management app, TD MySpend from TD Bank, closes in on one million users.
  • mBank launches mobile app with Android Pay.
  • ACI Worldwide broadens its relationship with Ant Financial Services mobile payment provider, Alipay.
  • PYMNTS reportsTransferWise To Move Headquarters Out Of UK Due To Brexit.
  • NICE Actimize Launches ActimizeWatch, a Fraud Analytics Optimization Solution.
  • Fiserv to power core processing for SouthEast bank.

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.

Women in FinTech: “Be brave and dare and you will succeed.”

Women in FinTech: “Be brave and dare and you will succeed.”

Woman run to new opportunities

FrancoiseThis article was first published on FinTech Futures. Françoise Lamotte, SVP, Head of Direct and Digital, MetLife EMEA, tells us about her path to becoming a distinguished leader within the FinTech industry and gives some invaluable advice for companies and women aiming to give rise to Women in Tech. Lamotte is on the Advisory Board for InsurTech Rising 2017, the leading InsurTech showcase for the future of insurance.

How did you start your career?

I started my career 25 years ago in Japan – I was absolutely fascinated by the country after spending 18 months there as a scholar funded by the Japanese government. At that time there was no internet, no mobile or smart phones; it sounds like pre-history!

What sparked your interest in FinTech?

In 2007, I became the first chief digital officer of AXA group. I realized the tremendous challenge for a large multinational company to digitally transform itself and bring innovation to the forefront. Large companies have assets like brand, customers, data, capital, but often lack the agility and the willingness to experiment. Fintech is the primary stimulus for more customer centricity. More importantly, smart partnering with startups is, for me, the best way to prepare the future when you are a large incumbent.

What was your lightbulb moment?

I had the opportunity to work at a very successful start-up of the sharing economy and experienced how company culture is critical for success: sharing the same vision, strong values, leadership and transparency, customer focus – these are key ingredients that need to be seeded from the very beginning to ensure success and growth.

What inspires you?

I am inspired by courage and determination – a mix of “anything is possible” and “I can do it”.

Why is the #WomenInFinTech movement important?

Diversity in the workspace is very important. Organizations perform better when they are inclusive and when women are strongly represented at all levels. However, when you add “tech” to the equation, it seems it raises an additional barrier.  Right from the source, the pool of female talents is currently more limited – fewer female engineers, fewer female studying computer science, etc. The #WomeninTech movement will help inspire female students and young professionals to choose careers in that space and create an inclusive environment where they can thrive and succeed.

What piece of advice would you give women starting their careers in fintech?

Choose the right environment for you, meaning the project that inspires you and the colleagues and leaders who develop a great company culture. Get support and coaching from a mentor. Join Women’s network. Give visibility to your work and achievements – speak up, promote what you do, share your opinion, get on stage. Be brave and dare.. and you will succeed.

Throughout the year we will be profiling women in fintech, not simply to celebrate their success but also to hear what has worked for them during the course of their careers. Read more inspirational stories from fintech’s leading women >>

Narrative Science Raises $11 Million Series E

Narrative Science Raises $11 Million Series E

NarrativeScience_homepage_April2017

In a round co-led by Sapphire Ventures and Jump Capital, advanced natural-language generation technology innovator Narrative Science has raised $11 million. The Series E round takes the company’s total funding to more than $40 million. Quoted in Crain’s Chicago Business, Sapphire Ventures partner Jai Das wasted few words in explaining Narrative Science’s edge. “People like to read,” Das said. In other words, it’s all about the Advanced NLG.

Narrative Science specializes in using advanced natural-language generation technology to turn ordinary numeric and symbolic data and visualizations into what the company calls “intelligent narratives.” These narratives express in language indistinguishable from that of a human author all the relevant insights and context from the chosen data. This data can take a variety of forms, including business intelligence reports, customer communications, and regulatory filings – any information that is based on quantifiable data can be turned into an intelligent narrative. “People who don’t have skill with spreadsheets, people who might not have skills with visualizations … they can still get to the insights within that data,” Kris Hammon, Narrative Science Chief Scientist explained during the company’s demo at FinovateFall.

Founded in 2010 and headquartered in Chicago, Illinois, Narrative Science demonstrated its Quill Financial solution at FinovateFall 2013. The company, which celebrated its seventh anniversary in April, has been on a partnership spree in recent months. A deal with Sisense in February will put Narrative Science’s Narratives for Business Intelligence API to work for the company’s business intelligence technology, Sisense Everywhere. Also in February, Narrative Science partnered with FactSet to integrate automated portfolio commentary within FactSet’s analytics and client reporting platform. We featured Narrative Science in our look at artificial intelligence in fintech back at the beginning of the year. Stuart Frankel is CEO.

FinovateSpring Sneak Peek: NCR Corporation

FinovateSpring Sneak Peek: NCR Corporation

Screen Shot 2017-04-17 at 2.24.21 PM

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.

NCR Corporation, a global leader in omni-channel solutions, will demonstrate a fully immersive virtual reality ATM experience with real-time remote collaboration using an NCR SelfServ 80 Series ATM.

Features

  • Multiple people at different locations can look inside an ATM
  • Enables ATM training and servicing via a remote expert
  • Faster resolution of technical problems via real-time collaboration

Why it’s great
Real-time remote collaboration is a highly effective method of showcasing technology and developing expertise. NCR is a leader in this kind of innovative product development.

Presenters

Suzan Szollar, Senior Product Manager, NCR Corporation
LinkedIn

Shuki Licht, Chief Architect, Head of NCR Innovation Lab, NCR Corporation
LinkedIn

FinovateSpring Sneak Peek: GoodData

FinovateSpring Sneak Peek: GoodData

Screen Shot 2017-04-17 at 2.39.07 PM

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.

GoodData will demonstrate how to leverage machine learning as part of a complete Enterprise Insights Platform to deliver prescriptive insights to users at the point-of-work.

Features

  • Boost profits and productivity via machine learning
  • Radical personalization for users at their point-of-work
  • Data enrichment as a precondition for better models

Why it’s great
GoodData’s platform is designed to seamlessly integrate into financial customers’ existing systems and applications, dramatically enhancing and automating decision making processes for business users.Screen Shot 2017-04-17 at 2.50.07 PM

Presenters

Bill Creekbaum, VP of Products
Creekbaum has been in product management and product marketing for nearly 20 years and for the past 10 has been focused on successfully delivering SaaS and Cloud Applications to the market.
LinkedIn

Screen Shot 2017-04-17 at 2.50.21 PMGrant Salisbury, Head of Sales Engineering
As Head of Sales Engineering, Salisbury helps global companies create collaborative data products and smart business applications that drive innovation across their business ecosystems.
LinkedIn

FinovateSpring Sneak Peek: Finicity

FinovateSpring Sneak Peek: Finicity

Screen Shot 2017-04-17 at 3.06.01 PM

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.

Finicity is leading the charge to speed up credit decisioning by digitizing key elements, including the burdensome and paper-laden verification of assets and income process.

Features

  • Freeing up resources, improving accuracy and reducing fraud for lenders.
  • Giving borrowers a paper-free, hassle-free experience.
  • Shortening the time to loan

Why it’s great
Finicity believes that owner-permissioned transaction data is going to revolutionize credit decisioning. Verification of assets and income is just the beginning.Screen Shot 2017-04-17 at 3.28.36 PM

Presenters

Nick Thomas, EVP and Co-founder
Thomas heads up data services at Finicity. He’s inspired by changing industry and consumer experiences through data aggregation and focuses on ways to constantly improve data access and quality.
LinkedIn

Jessie Morris, Director of EngineeringScreen Shot 2017-04-17 at 3.28.51 PM
Morris is a problem solver by nature and a master software engineer and developer by trade. He plays a major role in designing and reimagining the Finicity data aggregation platform.
LinkedIn

FinovateSpring Sneak Peek: Divy

FinovateSpring Sneak Peek: Divy

Screen Shot 2017-04-18 at 11.11.23 AM

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.

Divy transforms investing. Finding stocks is simple and engaging. Buying them takes one tap, $10 and no commission. Divy – The Market is Now Open.

Features

  • Discover: Find stocks based on everyday thoughts and ideas
  • Invest: Buy stocks with as little as $10
  • Save: No AUM. Commissions starting at zero

Why it’s great
Investing has never been more approachable, accessible or engaging. Divy meets the promise made but rarely fulfilled – investing accessible and affordable to all!

Screen Shot 2017-04-18 at 11.15.00 AMPresenters

Marc Teren, Founder and CEO
Whether it’s Disney, Washington Post, or high-profile startups like Cars.com, Teren has led the transformation of industries at the intersection of technological disruption and enablement.
LinkedIn

Screen Shot 2017-04-18 at 11.15.10 AMReichart Von Wolfsheild, Chief Software Architect, CTO
Von Wolfsheild is an award winning technologist, cognitive computing expert, History’s “Invention USA” host, and developer of 120+ cutting edge consumer products for the Fortune 500.
LinkedIn