Blog - Page 736 of 1215

Ldger Previews its Cash-flow Automation Platform for Marketplace-originated Credit

By David Penn Posted on September 17, 2015
Categories: FinovateFall 2015, Ldger

This post is part of our live coverage of FinovateFall 2015.

Our next demonstration comes courtesy of Ldger.

To address the gap in the innovation cycle, Ldger has built a powerful and flexible structuring and cash-flow-automative platform that permits investors in, and originators of, marketplace-originated credit to build and market customized tranches of risk exposure against marketplace credit cash-flows.

Presenters: Miles Cowan, CEO, founder; Hyung Kim, co-founder, financial markets

Product launch: Target Q4 2015
Product distribution strategy: Direct to business (B2B); through financial institutions; through other fintech companies and platforms

HQ: New York City, New York
Founded: March 2014
Website: ldger.com
Twitter: @ldgerinc

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Socure Launches Facial Biometric Anti-fraud Technology, Perceive

By David Penn Posted on September 17, 2015
Categories: FinovateSpring 2015, Socure

This post is part of our live coverage of FinovateFall 2015.

Socure is announcing Perceive at FinovateFall 2015. Perceive is a patented, remote facial biometrics solution designed to address account-takeover fraud and transaction security. The device-agnostic Perceive SDK can be added to any mobile or web application to accurately authenticate a consumer using their face, without the hindrance of prior training required by conventional recognition biometrics.

Presenters: Co-founders Sunil Madhu, CEO, and Johnny Ayers, SVP, business development

Product launch: September 2015 at FinovateFall

Metrics: $7.2 million raised; $3 million revenue; 320 customers across 32 countries; 23 employees
Product distribution strategy: Direct to business (B2B); through financial institutions; through other fintech companies and platforms

HQ: New York City, New York
Founded: September 2012
Website: socure.com
Twitter: @SocureMe

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Hypori Launches Android Cloud Environment with Remote Bluetooth Extension

By David Penn Posted on September 17, 2015
Categories: FinovateFall 2015, Hypori

This post is part of our live coverage of FinovateFall 2015.

Making their way to the stage next is the team from Hypori.

In conjunction with a Fortune 100 financial services company, Hypori has added support for remote access to Bluetooth peripherals such as barcode scanners, card readers, and receipt printers. The use case is point of sale (POS), and the goal is to improve security for credit-card transactions from mobile devices by moving the POS app off the mobile end-point to a locked-down, instrumented operating system running in a secure data center: POS as a Service. Hypori is demonstrating a mobile credit-card transaction leveraging remote Bluetooth peripherals for the first time on the Finovate stage.

Presenters: CEO Justin Marston; Joel Schopp, senior software developer; Phil Kumnick, SVP, global acquirer processing

Product launch: September 2015

Metrics: $13.9 million raised; 48 employees
Product distribution strategy: Licensed

HQ: Austin, Texas
Founded: August 2012
Website: hypori.com
Twitter: @Hypori_Inc

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Ethoca’s Alerts Help Online Merchants Avoid Chargebacks

By Julie Muhn (@julieschicktanz) Posted on September 17, 2015
Categories: Ethoca, FinovateFall 2015

This post is part of our live coverage of FinovateFall 2015.

Ethoca is demonstrating how its Alerts help online merchants stop fraud:

Ethoca Alerts is an award-winning service used by thousands of ecommerce merchants and online businesses to stop fraud, eliminate chargebacks, and increase acceptance. Leveraging Ethoca’s global collaboration network, it provides the industry’s largest source of cardholder-confirmed fraud and customer-dispute data, direct from the card-issuer source.

Ethoca Alerts arrive in near real time rather than weeks later through the normal chargeback process. Merchants now have advance notification of impending chargebacks and can take immediate action to stop them at the source, eliminating unnecessary costs and poor customer experience.

Presenters: Steve Durney, SVP, issuer relations, and Julie Fergerson, SVP, industry solutions

Metrics: Ethoca is headquartered in Toronto, Ontario, Canada, with international offices located in Austin, Texas; London, England; Dublin, Ireland; and France. Ethoca has 100+ employees.

HQ: Toronto, Ontario, Canada
Product launch: 2011
Website: ethoca.com

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PaySwag Launches Payment Collection App for the Underbanked

By Julie Muhn (@julieschicktanz) Posted on September 17, 2015
Categories: FinovateFall 2015, PaySwag

This post is part of our live coverage of FinovateFall 2015.

PaySwag will tell us about the launch of its simple payment-collection app:

PaySwag‘s payment, rewards, education, and feedback engine offers a gamified mobile experience for improving the financial lives of the underbanked. The mobile app simplifies the collection of payments, fees, and fines with cash or cards. Customers are rewarded for paying on time, completing financial and life skills education, and maintaining communication.

Never before has this demographic been incentivized with Amazon gift cards, Redbox rentals, or Starbucks lattes just for keeping a payment plan. The robust administrative back-end also provides advanced workflow, security, integration, and analytics capabilities.

Presenters: PaySwag’s CEO Max Haynes and CTO Mark Miller

Product launch: September 2015
Metrics: $500,000 privately funded to date; 8 employees
Product distribution strategy: Direct to business (B2B); through financial institutions; through other fintech companies and platforms; licensed

HQ: Reno, Nevada
Founded: October 2014
Website: payswag.com

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Hedgeable Presents NEXT: The First Private Banking Platform for Millennials

By David Penn Posted on September 17, 2015
Categories: FinovateFall 2015, Hedgeable

This post is part of our live coverage of FinovateFall 2015.

The final session of the day is about to begin. Starting us off is Hedgeable presenting NEXT:

Hedgeable NEXT is our intermediary platform for RIAs, CFPs, banks, broker/dealers, credit unions, foreign financial institutions and more to access the power of Hedgeable for their clients.

Hedgeable offers an ultra-high net worth wealth-management platform with zero minimum, making it accessible to 2.5 billion millennials worldwide. The platform can be integrated with intermediaries with the click of a button, free of charge. Clients get access to risk-managed portfolios for any account type, socially responsible investing, alternative asset classes, and a member-benefit rewards-program built into the platform.

Presenter: Michael Kane, co-founder and master sensei, and Matthew Kane, co-founder and chief ninja

Product launch: September 2015
Product distribution strategy: Through financial institutions

HQ: New York City, New York
Founded: April 2009
Website: hedgeable.com
Twitter: @hedgeable

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Quisk Launches Digital Services Platform

By Julie Muhn (@julieschicktanz) Posted on September 17, 2015
Categories: FinovateFall 2015, Quisk

This post is part of our live coverage of FinovateFall 2015.

Quisk debuted its digital services platform:

Quisk is demonstrating several consumer transactions, including person-to-merchant (P2M), person-to-person (P2P), and more, powered by its patented cloud-based digital services platform. Quisk works with banks to integrate its platform to back-end core banking platforms and offers an API for third-party developers.

Unlike current mobile-network 0perator-led mobile money initiatives, Quisk is the next generation of mobile money: bank-led, interoperable, and for a wider range of transactions. For consumers: Quisk is your money from your bank, but without the cash, without the cards, and without the wallet.

Presenters from left: CTO Praveen Amancherla and Dan Glessner, chief marketing officer

Product launch: September 2015
Metrics: $20 million+ raised; revenue in second half of 2015; active projects in two countries in the Caribbean and Middle East; ~30 employees (tech- and payments-industry veterans)
Product distribution strategy: Direct to business (B2B); through financial institutions

HQ: Sunnyvale, California
Founded: January 2010
Website: quisk.co
Twitter: @quiskpay

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ThetaRay Presents its Fraud and Credit Risk, Big Data Analytics Program

By David Penn Posted on September 17, 2015
Categories: FinovateFall 2015, ThetaRay

This post is part of our live coverage of FinovateFall 2015.

Our next demonstration is from ThetaRay.

Unmatched, anomaly-detection rates delivering usable indicators to increase efficiency and accuracy; industry-low false-positive rates allowing organizations to focus their experts on the events that count; rule-free, unsupervised, non-heuristic protection against next-generation attacks and predicting the unexpected; math-based, big-data analytics ensuring organizations achieve quantitative results they can trust; automatic, real-time detection to instantly transform data into business insights; easy and fast deployment that is always up-to-date, retaining the relevance and competitive advantage of organizations’ data.

Presenter: ThetaRay’s VP of Product, Udi Solomon

Product launch: April 2015

Metrics: $10 million raised Round A funding, August 2014; 28 employees
Product distribution strategy: B2B, via financial institutions and other fintech companies

HQ: Israel and United States
Founded: April 2013
Website: thetaray.com
Twitter: @ThetaRayTeam

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LiftForward Debuts Technology-as-a-Service Marketplace-loan Platform

By Julie Muhn (@julieschicktanz) Posted on September 17, 2015
Categories: FinovateFall 2015, LiftForward

This post is part of our live coverage of FinovateFall 2015.

Then, LiftForward debuted TaaSLift, a Technology-as-a-Service Marketplace-loan Platform:

LiftForward’s marketplace-loan platform is the basis for the launch of its new Technology-as-a-Service platform, TaaSLift, for corporations, manufacturers, suppliers and retailers. TaaSLift provides a plug-and-play method for businesses to offer their small business product as a service.

This month, Microsoft launched its first TaaSLift program, providing members with software, support and a new Surface Pro III every 12, 24, or 36 months. By replacing expensive, one-time purchases with affordable subscriptions, TaaSLift helps companies increase sales while strengthening customer relationships.

Presenters: LiftForward CEO Jeffrey Rogers and CTO Michael Grassotti

Product launch: July 2015
Metrics: LiftForward capitalization: $2.3 million, Series A, August 2014; $2 million debt financing, August 2014; $7 million debt financing, March 2015; $250 million debt financing, July 2015; 10 employees
Product distribution strategy: Direct to business (B2B); through financial institutions; through other fintech companies and platforms

HQ: New York City, New York
Founded: September 2013
Website: liftforward.com
Twitter: @LiftForward

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Tranwall Presents Transaction Control for Business Technology

By David Penn Posted on September 17, 2015
Categories: FinovateFall 2015, Tranwall

This post is part of our live coverage of FinovateFall 2015.

Next up is the team from Tranwall.

The patented Tranwall system offers card-holders and -issuers the ability to control the status of debit and credit cards in real time. Tranwall also offers second-factor authentication on internet banking services using any mobile phone. The Tranwall system offers fine-grained control, at transaction level, over the approval of card transactions. The Tranwall platform is customizable, allowing for a variety of permissions to be defined and implemented.

Presenters: Gerard van de Par, director, sales, and Diederik Bruggink, payment expert

Product launch: April 2015

Metrics: 5 employees; 3 paying customers (2 banks, 1 fuel card)
Product distribution strategy: Direct to business (B2B); through other fintech companies and platforms; licensed

HQ: Amsterdam, Netherlands; Johannesburg, South Africa
Founded: February 2015
Website: tranwall.com

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Novabase Launches MyWizzio, a Unique Smart Machine for Financial Advisers

By David Penn Posted on September 17, 2015
Categories: FinovateFall 2015, Novabase

This post is part of our live coverage of FinovateFall 2015.

The team from Novabase is up next.

MyWizzio, powered by IBM Watson, is a smart machine for financial advisers that provides a unique approach to drive sales and productivity. Built as an intelligent ecosystem of apps designed to leverage your existing tools and third parties, the solution adapts around each user’s context, using cognitive computing to achieve a higher level of performance when managing research, relationships, and sales. MyWizzio extends this tailored experience to the end-clients, creating a more holistic landscape with the right mix of self-service and direct-to-adviser engagement.

Presenters, left to right: Pedro Gaspar, director of innovation; Jay Wong, senior business developer

Product launch: MyWizzio is launching September 2015 at FinovateFall
Product distribution strategy: Direct to business (B2B)

HQ: Lisbon, Portugal
Founded: 1989
Website: wizzio.novabase.pt
Twitter: @wizzio_Novabase

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LiquidLandscape Debuts Notebook, a Risk-visualization Workspace

By Julie Muhn (@julieschicktanz) Posted on September 17, 2015
Categories: FinovateFall 2015, LiquidLandscape

This post is part of our live coverage of FinovateFall 2015.

Next, LiquidLandscape debuted Notebook, its risk-visualization workspace:

LiquidLandscape Notebook is a collaborative, risk-visualization and -exploration workspace. Problem identified, problem communicated, problem solved.

Presenters from left: Co-founders David Lin, CTO, and CEO Margit Zwemer

Product launch: June 2015
Metrics: Barclays/Techstars Accelerator, London
Product distribution strategy: Direct to business (B2B)

HQ: San Francisco, California
Founded: July 2013
Website: getliquidlandscape.com
Twitter: @lqdlandscape

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