Soundpays Previews its Sound Wave-based Universal Mobile Wallet App

Soundpays Previews its Sound Wave-based Universal Mobile Wallet App

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

As we near the end of the second morning session, here is mobile wallet innovator, Soundpays.

We are a universal mobile wallet app that uses sound waves to transmit transaction details. This allows users to pay using their favorite debit/credit card with their smartphone online, in store, via digital signage, and on TV.

Presenters: CEO Peter Misek and CTO Jason Squire (not pictured)

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Product Launch: October 2015
Metrics: 5 full-time employees
Product distribution strategy: Direct to Consumer (B2C), Direct to Business (B2B), through financial institutions, licensed

HQ: Toronto, Ontario, Canada
Founded: May 2005
Website: soundpays.com
Twitter: @soundpays

 

Buzz Points Helps Users Earn and Redeem Rewards at Local Businesses

Buzz Points Helps Users Earn and Redeem Rewards at Local Businesses

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

BuzzPointsLogoBuzz Points demonstrated how its app lets users redeem local offers:

Buzz Points’ recently launched mobile app enables users to purchase, manage, and redeem points and local, personalized offers from their mobile devices and explore new local businesses close to home or across the country. Among its innovative features, the app utilizes geotargeting to identify and recommend nearby locally owned businesses, which enables users to earn and use points not only in their own local market, but also throughout the country as they travel.

Exclusive discounts and offers are personalized based on the individual’s spending habits according to transaction data. The Buzz Points mobile app is available to individuals nationwide who are enrolled in Buzz Points through their community financial institution.

Presenter: Director of Product Michael Hall

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Product Launch: May 2015
Metrics: $26.5 million
Product distribution strategy: Through financial institutions

HQ: Austin, Texas
Founded: 2012
Website: buzzpoints.com
Twitter: @BuzzPointsBanks, @BuzzPointsCUs

Urban FT’s Digital Banking Platform

Urban FT’s Digital Banking Platform

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

UrbanFTLogoUrban FT demonstrated how its white-labeled banking platform offers comprehensive banking features:

This is a fully white-label, self-managed platform that allows you to provide your customers with comprehensive core banking functions, personal financial management tools, targeted deals, and social sharing features. By combining these features, you are able to drive greater user engagement, increase brand touchpoints, and build customer loyalty in ways previously unavailable.

The analytics produced by the UFT Platform also drive growth in other areas of your business, such as lending or other complementary offerings. The UFT Platform connects directly to your core or third-party processor, has fully integrated analytics reporting capabilities, and plug-ins for all necessary customer care and compliance systems.

Presenters: COO Kasey Kaplan and Chief Product and Brand Officer Mark Kilpatrick

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Product Launch: June 2014
Metrics: To date we have raised $14.5 million; currently employ 32 people throughout 3 offices; and service 700,000 registered users.
Product distribution strategy: Direct to Business (B2B), through financial institutions

HQ: New York City, New York
Founded: May 2012
Website: urbanft.com

ID Analytics’ ID Network Limits Data Entry During Account Opening

ID Analytics’ ID Network Limits Data Entry During Account Opening

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

IDAnalyticsLogoID Analytics demonstrated how its ID Network verifies consumers’ identities:

For organizations aspiring to easier, simpler experiences in digital channels, especially mobile, the new enrollment solution from ID Analytics provides a fast, easy, and secure way to enable consumers to open new accounts. Unlike mobile apps that have lengthy forms and cumbersome authentication processes, our enrollment solution uses sophisticated matching analytics to fill in the required data fields instantly, verify the consumer’s identity, and score the applicant for identity fraud in real time. Powered by the ID Network®, our solution automatically and accurately confirms valid identities in real time with the input on only a few pieces of information.

Presenters: From id:analytics innovation and new ventures: VP Aaron Kline; Product Manager Tim Manglona

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Product Launch: September 2015
Product distribution strategy: Direct to Business (B2B)

HQ: San Diego, California
Founded: 2002
Website: idanalytics.com
Twitter: @ID_Analytics

Trading Ticket Debuts Trade It Mobile Brokerage App

Trading Ticket Debuts Trade It Mobile Brokerage App

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

tradeItLogoTrading Ticket launched its mobile brokerage app, Trade It:

Trade It is introducing the first universal mobile brokerage application. The universal application lets a customer complete a simple application by capturing information from their license and LinkedIn profile in one simple, easy-to-fill-out form. Trade It enables online brokers to bid for a customer’s application and to instantly complete the application process for the consumer. Consumers get choice, brokers get qualified accounts, and everyone gets a beautifully designed, innovative, frictionless application-process, compliant with most major brokerages.

Presenters: Co-founders of Trading Ticket, Nathan Richardson and Serge Kreiker

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Product Launch: December 2015
Metrics: 5 employees; 10 partners; 25% open rate; 80% mobile
Product distribution strategy: Direct to Consumer (B2C), Direct to Business (B2B), through financial institutions, licensed

HQ: New York City, New York
Founded: September 2014
Website: trade.it
Twitter: @tradingticket

Blockstack.io Helps Financial Services Companies Build Apps Using a Private, Hosted Blockstack

Blockstack.io Helps Financial Services Companies Build Apps Using a Private, Hosted Blockstack

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

Blockstack.io is our next presenter here in the second session of the morning.

The company is demonstrating how easy it is to start building an application on a private, hosted Blockstack. Within a few minutes, we are demonstrating the set up of a private blockchain and showing a demo application built on top of the private Blockstack to illustrate how easy it is to get started.

Presenters: CEO Peter Shiau, co-founder, and Lior Saar, chief product officer and co-founder

 

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Product Launch: May 2015 private beta
Metrics: Currently bootstrapped, fewer than 10 employees
Product distribution strategy: Direct to Business (B2B), through financial institutions, hosted and licensed

HQ: San Francisco, California
Founded: May 2015
Website: blockstack.io
Twitter: @blockstackio

 

How additiv’s investomat Uses Theme-based Investing

How additiv’s investomat Uses Theme-based Investing

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

AdditivLogoNext, additiv debuted investomat, a European-focused robo-adviser:

Investomat is a robo-adviser developed for a Swiss cantonal bank, Glarner Kantonalbank. The new offer is aimed at Swiss and European resident clients with a minimum of CHF 5,000 investable assets. Investomat operates on a theme-based investment approach in diversified and mean variance-optimized portfolios. At present, the bank provides eight investable themes that are replicated using ETFs from various providers.

The entire solution is based on additiv’s Digital Finance Suite (DFS) and includes the digital offering for the client (online application and onboarding, online cockpit) and the front- and middle-office functionalities to manage the client offering end-to-end at lowest cost.

Presenter: Michael Stemmle, CEO and founder; Adriano Lucatelli, board member not pictured

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Product Launch: January 2015
Product distribution strategy: Direct to Business (B2B), through financial institutions Licensed

HQ: Zurich, Switzerland
Founded: 1998
Website: additiv.com

CellTrust Helps Separate Work Communications From Personal on Mobile Devices

CellTrust Helps Separate Work Communications From Personal on Mobile Devices

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

CellTrustLogoCellTrust demonstrated how SecureLine creates a separate persona for work communications on a mobile device:

CellTrust SecureLine™ is a leading enterprise solution for secure voice and secure SMS that empowers the workforce with seamless mobile communications that can be secured, traced and archived. The CellTrust SecureLine app creates a dual persona on the device by clearly separating work and personal mobile communications by issuing a separate Mobile Business Number (MBN).

The MBN contains all business communications, allowing corporations to have access only to specific work-related data and not the employee’s personal data. This ultimately gives employees the freedom to have secure on-the-go business communications without compromising their personal information while allowing corporations to secure and maintain sensitive business data on a single device. The powerful app supports enterprise mobile communication, eDiscovery and compliance to give leading organizations a competitive advantage by balancing mobile productivity, risk and control.

Presenters: Brian Panicko, SVP, global sales strategy; Dragan Marceta, director, sales engineering

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Product Launch: May 2014
Metrics: $10.1 million Series A funding, December 2014
Product distribution strategy: Direct to Business (B2B) and through our integrated ecosystem of partners including leading device, MDM, EEM, carriers, archivers and resellers to drive rapid growth and give customers the best mobility solution at the lowest total cost of ownership

HQ: Scottsdale, Arizona
Founded: December 2006
Website: celltrust.com
Twitter: @celltrust

TransferTo’s Mobile Money Hub Brings Efficiency to Remittances

TransferTo’s Mobile Money Hub Brings Efficiency to Remittances

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

TransferToLogoTransferTo showed how its Mobile Money Hub enables consumers to send remittances directly to a mobile wallet:

TransferTo’s Mobile Money Hub provides a fully compliant single point of access for financial institutions and Mobile Money Hub’s operators worldwide. We are demonstrating the process that a customer performs when going online to send money directly to a mobile wallet. Believe it or not, those of us in the West are quite unfamiliar with the simplicity of mobile money-transfers. We are revealing the efficiency of remittance via Mobile Money Hub to the Finovate audience.

Presenters: TransferTo’s CEO Eric Barbier and EVP of Mobile Money Hub, Charles Damen

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Product Launch: September 2015
Product distribution strategy: Direct to Business (B2B)

HQ: San Francisco, California
Founded: 2005
Website: transfer-to.com
Twitter: @TransferTo

Jack Henry & Associates Presents the Banno Platform to Enable FIs to Launch Mobile-first Accounts in 120 Days

Jack Henry & Associates Presents the Banno Platform to Enable FIs to Launch Mobile-first Accounts in 120 Days

JackHenryAssociates_logo_FF2015This post is part of our live coverage of FinovateFall 2015.

Our last presenter of this first session of FinovateFall is Jack Henry & Associates.

The Banno Platform from Jack Henry & Associates allows any financial institution to launch a modern, mobile-first account within 120 days. This solution empowers financial institutions to offer accounts that meet modern consumer expectations for account access, functionality, customer service, and user experience. The Banno Platform offers financial institutions a single source for product marketing, delivery, and service.

Presenters: Wade Arnold, managing director, user experience; Derik Sutton, director of product, user experience

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

HQ: Monett, Missouri
Founded: 1976
Website: jackhenry.com
Twitter: @JackHenryAssoc

IDmission Presents INFORM, a Customer Onboarding and Engagement Framework

IDmission Presents INFORM, a Customer Onboarding and Engagement Framework

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

Our next presenter is IDmission with its suite of onboarding and engagement solutions.

INFORM is a fully configurable enterprise product that enables building of sophisticated user experiences without any programming. You can build your own forms with KYC, document management, image processing, biometrics, online calls, rules configuration, workflows, and payments integrated into them. INFORM is integrally connected to Ada, our cloud-platform infrastructure, enabling reuse of all Ada’s software components and connectivity to third-party systems.

Presenters: CEO Ashim Banerjee and CTO Sandeep Gandhi (not pictured)

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Product Launch: March 2014
Metrics: 70 employees in the United States and India
Product distribution strategy: Direct to Business (B2B), through financial institutions, through other fintech companies and platforms.

HQ: Louisville, Colorado
Founded: February 2011
Website: idmission.com
Twitter: @idmissionllc

 

Gro Solutions’ Account Opening Solution Limits Text Input to Reduce Abandonment

Gro Solutions’ Account Opening Solution Limits Text Input to Reduce Abandonment

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

GroLogoGro Solutions demonstrated how its Account Opening solution reduces abandonment:

Gro Account Opening is the first and only solution on the market offering online, mobile web and native mobile app account-opening solutions for use by both financial institutions’ customers and employees. Gro Account Opening leverages an innovative, concise workflow along with a multilayered approach and other features to limit manual text input and reduce high abandonment rates. Whether online, on the go, or at the branch, financial institutions can open and fund new accounts in less than four minutes.

Gro presenters: CEO David Eads and CRO Paul Mackowick

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Product Launch: November 2014
Metrics: In 2014, Gro Solutions’ parent company Mobile Strategy Partners (MSP) increased its year-end revenues by more than 200%. This increase was largely due to strong market adoption of its digital account opening solutions, which led to the launch of Gro Solutions. Gro Solutions has 30 full time employees and expects to have at least 46 financial institutions live by late 2015.
Product distribution strategy: Direct to Business (B2B), through financial institutions, through other fintech companies and platforms

HQ: Atlanta, Georgia
Founded: July 2015
Website: grobanking.com
Twitter: @grobanking