Blog - Page 775 of 1216

Outski Debuts 401(play) Employee Incentive

By Julie Muhn (@julieschicktanz) Posted on May 13, 2015
Categories: FinovateSpring 2015, Outski

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

In our final presentation of FinovateSpring 2015, Outski demonstrated how it helps employers incentivize their employees to use their vacation days:

Outski has developed a program called 401(play) that motivates participants to prioritize PLAY in their lives by lifting the barriers to taking great vacations. 401(play) is brought to users through their employer, allowing the allocation of direct deposit dollars to their personal Vacation Savings Account. The Outski platform promotes interactive planning with goal-based savings to help people live happier, healthier, and more enriched lives with a focus on financial responsibility. As a robust planning tool with rich data implications, 401(play) can market numerous financial products in practical and easy-to-understand ways that improve the financial wellness of customers.

Presenters: CEO Greg Nickolson and Ryan Nelson, EVP business development

Product distribution strategy: Direct to Consumer (B2C), Direct to Business (B2B), licensed

Metrics: With a staff of 8, Outski has more than 7,000 registered users, and has raised more than $500,000 in seed funding.

HQ: Tucson, Arizona
Founded: October 2013
Website: outski.com
Twitter: @OutskiTravel

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CUneXus Demoes Comprehensive PreScreened Lending Platform

By Julie Muhn (@julieschicktanz) Posted on May 13, 2015
Categories: CUneXus, FinovateSpring 2015

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

CUneXus showed off cplXpress:

Our cplXpress platform allows lending institutions to empower their customers with perpetual loan approval across multiple product lines. This unique and timely solution grants consumers ongoing insight into their personal buying power, and immediate access to preapproved loan offers at every touchpoint. No loan application necessary. Our advanced risk assessment and pricing engine generates a highly personalized and targeted menu of offers based on each individual’s unique financial profile, then communicates these offers within the institution’s online banking, mobile banking, branch, call center, direct mail, and email channels. We are demoing a selection of new online and mobile interfaces, as well as unveiling our latest mobile document delivery, e-signature, and point-of-sale lending capabilities.

Presenters: CUneXus’s Dave Buerger, co-founder and CEO, and Darin Chong, co-founder and COO

Product Launch: December 2013

Metrics: Founded by a dynamic group of seasoned ex-bankers, CUneXus is privately funded with headquarters 45 minutes north of San Francisco in beautiful Sonoma County. The company’s cplXpress lending automation platform was launched in 2014 and has generated over $100 million in consumer loans in its first nine months of service, a metric projected to grow exponentially in 2015. CUneXus was recently recognized as one of just ten companies to watch on KPMG’s global report of “The Best Fintech Innovators of 2014” and has been selected to participate in Silicon Valley’s renowned Plug & Play Fintech accelerator program for 2015.

Product distribution strategy: Direct to Business (B2B), licensed, white-label

HQ: Santa Rosa, California
Founded: October 2011
Website: cunexus.com
Twitter: @cunexus

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Trizic’s Accelerator Enables Financial Firms to Scale Investment Advice

By Julie Muhn (@julieschicktanz) Posted on May 13, 2015
Categories: FinovateSpring 2015, Trizic

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

Trizic debuted its Accelerator that delivers investment advice:

Trizic Accelerator is an elegant, cloud-based digital investment advisory platform. It comprises two elements: a beautifully simple, customized online experience for investors, and a powerful, back-end console that automates portfolio management, securities trading, rebalancing, compliance reporting, and client billing.

Using Accelerator’s sophisticated technology, financial firms will be able to serve clients across all mobile devices, in a more scalable and productive way by augmenting, not replacing, their high-touch, full-service business models.

At left: Brad Matthews, Trizic CEO and founder

Product Launch: October 2014

Metrics: 15+ employees, 30 financial firm clients, and a pipeline of prospective users
Product distribution strategy: Business-to-Business (B2B), through financial institutions

HQ: San Francisco, California
Founded: October 2012
Website: trizic.com
Twitter: @TrizicCo

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NAMU Brings Intelligent Behavior Modeling to Mobile Banking

By David Penn Posted on May 13, 2015
Categories: FinovateSpring 2015, NAMU Systems

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

NAMU is on stage now. The company’s “social spending behavior algorithm” helps FI’s better engage their customers.

NAMU delivers a new standard in mobile banking by implementing new and intelligent behavior modeling, which focuses on customer behavior and digital experiences. All of this is based on a patent-pending “social spending behavior algorithm.” The product highlights include: highly visual user experience, Google-like search through the customer’s entire transaction history and across all banking products, new data organization, contextual, personal, and relevant permission-based advertising of targeted offers, promotion, and loyalty services to consumers as well as a virtual personal branch. For each bank, NAMU connects easily to many complex banking systems with a centralized API and data-centric architecture.

Presenters: Thomas Ko, co-founder and president, and Piotr Budzinski, co-founder and CEO

Product Launch: November 2014

Metrics: Early start-up phase, raised $200,00 from two angel investors; 10 employees
Product distribution strategy: Direct to Business (B2B), through other fintech companies and platforms

HQ: Mahwah, New Jersey
Founded: February 2014
Website: namuapp.com
Twitter: @namuapp

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ACH-based Payments Innovator Knox Payments Presents Knox Asssured and Knox Verified

By David Penn Posted on May 13, 2015
Categories: FinovateSpring 2015, Knox

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

Knox Payments, an ACH-based payments company, is introducing two new innovations: Knox Assured and Knox Verified.

Knox Payments is a payments and security service that allows merchants to conduct ACH payments. These are transactions wherein customers can pay directly to merchants using their bank accounts. What differentiates the service from its competitors is its primary focus on speed. In addition, Knox Payments does not offer user accounts, and simply functions as a tool for fast online checkouts.

Presenters: Thomas Eide, CEO and founder, and Julius Gartner, director of business development

Product distribution strategy: Direct to Consumer (B2C), Direct to Business (B2B), through financial institutions, through other fintech companies and platforms

HQ: San Francisco, California
Website: knoxpayments.com
Twitter: @KnoxPayments

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Emailage Offers Instant Fraud Scores for Websites

By Julie Muhn (@julieschicktanz) Posted on May 13, 2015
Categories: Emailage, FinovateSpring 2015

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

Emailage debuted its browser-extension:

Emailage is focused on providing customers with multiple ways to access our toolset. Our new browser extensions allow customers to easily get a real-time fraud score from any webpage. Enabling these extensions allow customers to assess fraud risk scores from Chrome, Firefox, and Internet Explorer seamlessly. The Emailage browser-extension places an icon next to any email address on the page, which can be clicked for instant analysis of the risk associated with the email.

Emailage Presenters: Jennifer Coughenour, director of sales, and Amador Testa, chief product officer

Product distribution strategy: Direct to Business (B2B)

HQ: Chandler, Arizona
Founded: May 2012
Website: emailage.com
Twitter: @Emailage

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Persistent Systems Previews its Online Payment Technology, Buddy Pay

By David Penn Posted on May 13, 2015
Categories: FinovateSpring 2015, Persistent Systems

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

Persistent Systems demoes its payments innovation, BuddyPay.

BuddyPay is essentially a switching mechanism for Payment made for purchases of goods and services from an online site. It’s a mechanism that allows another person/entity (payer) to pay for goods and services purchased by someone else (buyer). The payment is done on the online site (seller) in real time. The name was coined BuddyPay as it involves two persons, buyer and payer (father/son, two friends, etc.) who are very well know to each other, i.e. “buddies.”

Presenters: Shriram Natarajan, VP technology consulting, and Ray Bharadwaj, global head of financial services

Product Launch: June 2015

Metrics: One of the top-ten companies for investor relations in India, Thomson Reuters Extel Survey Awards; 8,500+ employees; 23% revenue CAGR for the last 5 years; geographies: United States, Canada, Europe, Asia Pacific, Australia
Product distribution strategy: Direct to Consumer (B2C), Direct to Business (B2B), through financial institutions, through other fintech companies and platforms, licensed

HQ: Pune, MH, India
Founded: May 1990
Website: persistent.com
Twitter: @Persistentsys

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Malauzai Software Brings its Mobile-only Virtual Banking Experience to Community FIs

By David Penn Posted on May 13, 2015
Categories: FinovateSpring 2015, Malauzai Software

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

Malauzai Software is here with its mobile-only virtual banking experience.

Malauzai has developed a mobile-only, virtual banking experience that makes banking fun, effortless, and completely branchless. With advanced features such as person-to-person payments, mobile account registration, picture bill pay, debit card on/off, and remote capture, end-users are able to leverage technology to bank anytime, anywhere, on any device.

Presenters: Robb Gaynor, CPO and co-founder, and Danny Piangerelli, CTO and co-founder

Product Launch: December 2014

Metrics: 280 live plus 330 signed customers, serving 500,000+ end users; more than 5 million logins a month; 60+ employees
Product distribution strategy: Direct to Business (B2B), through financial institutions, through other fintech companies and platforms, licensed

HQ: Austin, Texas
Founded: October 2009
Website: malauzai.com
Twitter: @malauzaimonkeys

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Corezoid Presents its Cloud Operating System for Building and Changing Business Processes

By David Penn Posted on May 13, 2015
Categories: Corezoid.com, FinovateSpring 2015

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

Corezoid is making its way to the stage now. The company is demonstrating its cloud-based platform to help FIs build better business processes.

Two classes of problems exist in software development:

Customer problems: it’s too long, it’s too expensive, lack of flexibility, high cost of updates, dependence on the developer, succession/inheritance
Developer problems: modern programming paradigm means programming with implicit selection of statuses resulting in a lot of inherent technical problems, it’s too long, succession/inheritance

Corezoid solves these problems by switching from writing the code to building the algorithm.

Presenters: Sergey Danylenko, chief marketing officer at Corezoid, and Antony Rogalskiy, chief marketing officer, PrivatBank

Product Launch: November 2013

Metrics: $1 million raised; 5,398 enterprises; 27, 193 conveyors; 21,223,940,118 operations
Product distribution strategy: direct to business (B2B), through financial institutions

HQ: Wilmington, Delaware
Founded: November 2013

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PsychSignal Delivers Real-time Stock Market Opinion from Social Media Sources

By David Penn Posted on May 13, 2015
Categories: FinovateSpring 2015, PsychSignal

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

PsychSignal demonstrated its “natural language processing engine API” that provides investors with insights from a variety of social sources.

The Company’s Natural Language Processing Engine API delivers the public’s real-time opinions about stocks and other financial securities by categorizing and quantifying the millions of tweets and messages issued by Twitter, StockTwits, T3Live chat rooms, and other social media sources.

Presenters: CEO James Crane-Baker and CMO Bjorn Simundson

Product Launch: May 13, 2015

Product distribution strategy: direct to business (B2B), through financial institutions, through other fintech companies and platforms, licenesed.

HQ: Miami, Florida
Website: psychsignal.com
Twitter: @psychsignal

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EyeBuy Debuts System to Monetize Television

By Julie Muhn (@julieschicktanz) Posted on May 13, 2015
Categories: FinovateSpring 2015

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

EyeBuy launched its platform that enables consumers to instantly purchase what they see on TV:

EyeBuy is showcasing the ability to “see” logos, brands, people, products, etc. streaming across your TV/video screen and enable the viewer to instantly purchase or engage that item, on the spot, in near real-time, with a single click. Engagement options included capturing gift cards, card-linked offers, coupons, RFI, vouchers and purchasing.

Presenting Todd Coulter (CEO & Founder)

Product Launch: May 2015

Metrics: $150,000 raised; 4 employees
Product distribution strategy: direct to business (B2B), through financial institutions, through other fintech companies and platforms, licensed

HQ: Rancho Murieta, California
Founded: December 2013
Website: eyebuytv.com
Twitter: @toddcoulter

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Mistral Mobile Launches m-Aegis Mobile Integrity, a Comprehensive Multi-Factor Authentication Solution

By David Penn Posted on May 13, 2015
Categories: FinovateSpring 2015, Mistral Mobile

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

Mistral Mobile is demonstrating its multifactor authentication platform, m-Aegis.

m-Aegis is the only comprehensive, multifactor, telco-independent, authentication and security solution for mobile applications and OTP replacement. Mobile banking and payments are exploding: Juniper Research predicts there will be more than one billion mobile banking users worldwide by 2017. Simultaneously, the roadblocks to mobile payments are disappearing with solutions such as host-card emulation and secure-elements, clearing the way for sustained dramatic growth. However, with opportunity comes risks. With increased volumes, mobile-initiated transactions become lucrative targets for hacking and fraud. According to a study by RiskIQ, more than 11% of all Android banking applications are suspicious and potentially contain malware. Mistral Mobile’s m-Aegis Mobile Integrity provides a comprehensive solution combining multiple factors such as device fingerprinting, SIM validation and usage data to maximize the integrity and create a high-confidence, no-gap verification model without compromising user experience.

Presenters: CEO Ludwig Schulze and Paul Yoo, chief commercial officer

Product Launch: February 2015

Metrics: 15+ employees
Product distribution strategy: direct to business (B2B), through financial institutions, through other fintech companies and platforms, licensed

HQ: Oulu, Finland and New York City, New York
Founded: June 2012
Website: mistralmobile.com
Twitter: @MistralMobile

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