Toopher Broadens its Authentication Suite with Access, Touch, and Halo

Toopher Broadens its Authentication Suite with Access, Touch, and Halo
By David Penn Posted on
Categories: FinovateFall 2014, Toopher
ToopherLogo_FF2014

This post is part of our live coverage of FinovateFall 2014.

Our next presenter is Toopher, demoing its authentication solution that pairs enterprise class security with the location awareness of mobile devices.

“Toopher Access will allow clients to provide their customers with invisible authentication for logins and critical actions. Toopher Touch incorporates biometrics into the authentication process and Toopher Halo offers seamless deauthentication based on powerful geofencing technology. When the user leaves a specified geofence, Tooper will log them out automatically, ensuring full session security.”
Presenting: Josh Alexander (CEO & Co-Founder) & Evan Grim (CTO & Founder)
ToopherHomepage_LiveBlog
Product Launch: Q1 2015
Metrics: 20 employees
Product distribution strategy: Direct to Business (B2B), through financial institutions, through other fintech companies and platforms, licensed
HQ: Austin, TX
Founded: September 2011
Website: toopher.com
Twitter: @toopher

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Six Trees Capital Introduces its Cash Management Solution, MaxMyInterest

Six Trees Capital Introduces its Cash Management Solution, MaxMyInterest
By David Penn Posted on
Categories: FinovateFall 2014, MaxMyInterest
MaxMyInterestLogo_FF2014

This post is part of our live coverage of FinovateFall 2014.

Making its way to the stage next is Six Trees Capital introducing MaxMyInterest, a way of helping investors dynamically allocate their cash in an optimal manner to maximize returns on cash and FDIC insurance.

“MaxMyInterest is a new automated cash management solution that helps depositors earn more on their cash balances via their existing checking account and online savings accounts. Max’s patent-pending technology platform uses proprietary algorithms to help ensure cash is dynamics allocated to the member’s banks offering the best interest rates at any given point in time. Max also helps keep cash below the FDIC limits at each bank. Max includes other powerful cash management tools, including monthly cash sweep and Intelligent Funds Transfer (SM) technology, which makes managing a portfolio of online bank accounts as simple as ‘checking’ and ‘savings’.”
Presenting: Gary Zimmerman (CEO & Founder) & Richard Wu (Director, Engineering)
MaxMyInterestHomepage_LiveBlog
Product Launch: April 2014
Product distribution strategy: Direct to Consumer (B2C), Direct to Business (B2B), through financial institutions, licensed
HQ: New York, NY
Founded: July 2013
Twitter: @maxmyinterest

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Business Centric Services Group’s Modular Approach Gives Clients Flexibility

Business Centric Services Group’s Modular Approach Gives Clients Flexibility
By Julie Muhn (@julieschicktanz) Posted on
Categories: Business Centric Services Groups, FinovateFall 2014
BCSGLogo

This post is part of our live coverage of FinovateSpring 2014.

Business Centric Services Group (BSCG) demonstrated how its EE Business apps allow for customizable solutions for individual clients:
“Winning and working on a deal with the UK’s largest Telco has recently demonstrated how we have created a cutting edge platform that allows banks and Telcos to offer value added services to their small businesses. 
The modular approach taken creates a competitive advantage for us. It means that clients can pick and choose from a menu of features to decide which modules they want to have, making the platform completely ‘tailorable’ for individual clients. The platform also offers further flexibility and customization that many businesses are looking for.”
Presenting: John Davis, Managing Director and Andrew Garney, Commercial Manager
BSCGHomepage
Product Launch: June 2014
Metrics: Our business app market now reaches over 4M small businesses worldwide; hundreds of thousands of SMBs have subscribed to our platforms. The company has quickly grown from 10 employees to 110, with 30% of this staff growth coming in the past 12 months. Our revenue has shown a 56% increase from 2012 to 2013 and a further 40% in 2014.
Product distribution strategy: Through financial institutions, through other fintech companies and platforms
HQ: London, UK
Founded: April 2008
Website: bcsg.com
Twitter: @BCSGcloud

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With the mCASH Network, Customers Use Their Phone Number to Pay

With the mCASH Network, Customers Use Their Phone Number to Pay
By Julie Muhn (@julieschicktanz) Posted on
Categories: FinovateFall 2014, mCASH
This post is part of our live coverage of FinovateFall 2014.
mCASH debuted its mobile transaction network:
mCash_logoff2014
“We offer real-time, person-to-person transactions with your mobile phone number as the destination address and a funding source of your choice. You can charge your bank account, debit or credit card, pre-paid balance, or a line of credit. Furthermore, mCASH enables merchants to accept payments in any channel using the hardware they already have, including mobile merchants using a smartphone.
The underlying payments engine, running on Google App Engine, is the core of mCASH. The payments engine handles several thousand transactions per minute, advanced fraud and AML prevention, complex transaction processing, and ensures API based secure and real-time communication between FIs, off and online merchants, and end users.”
Presenting: Daniel Døderlein, CEO & Founder and Anders Nicolai Bakke, COO
mCASHHomepage
Product Launch: March 2014
Metrics: Operating under a EU E-money license, $9.5M in funding (seed/series A), 25 employees, several high profile customers and partners
Product distribution strategy: Direct to Consumer (B2C), Direct to Business (B2B), through financial institutions, through other fintech companies and platforms
HQ: Oslo, Norway
Founded: January 2010
Website: mca.sh 
Twitter: @PaywithmCASH

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TickSmith Seeks to Disrupt Financial Data Management Using Big Data Platforms

TickSmith Seeks to Disrupt Financial Data Management Using Big Data Platforms
By Julie Muhn (@julieschicktanz) Posted on
Categories: FinovateFall 2014, TickSmith
This post is part of our live coverage of FinovateFall 2014.
TickSmithLogoNew

TickSmith debuted TickVault and FIXVault:

“TickSmith is presenting its TickVault and FIXVault financial big data platforms. TickSmith’s platforms provide specific solutions to participants in the brokerage and trading ecosystem, from exchanges to financial institutions, vendors, and regulators. Offered as cloud services and managed platforms, these solutions are disrupting financial data management practices and providing new opportunities to exploit financial data. 
TickSmith’s customers and partners use these platforms as data distribution portals, add ons to trading networks, management and analytics tools, and in compliance applications.”
Presenting: Francis Wenzel, CEO and David Côté, CIO
TickSmithHomepage
Product Launch: August 2013
Metrics: Over a Petabyte of financial data under management
Product distribution strategy: Direct to Business (B2B), through other fintech companies and platforms
HQ: Montreal, Quebec, Canada
Founded: November 2012
Website: ticksmith.com 
Twitter: @TickSmith

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Misys’ FusionBanking Helps Banks Communicate Better with Their Customers

Misys’ FusionBanking Helps Banks Communicate Better with Their Customers
By Julie Muhn (@julieschicktanz) Posted on
Categories: FinovateFall 2014, Misys
MisysLogo

This post is part of our live coverage of FinovateFall 2014.

Misys launches FusionBanking:
“We provide innovative best-in-class digital banking technology for financial institutions. Our solutions focus on adding value, driving new sales and building customer advocacy. By using the most innovative techniques including gamification, geo-location and social media integration you can exceed the expectations of your customers today and in the future.”
Presenting: József Nyíri, Director, Innovation & Digital Channels LABS, Tamás Grünzweig, VP & Head of Innovation, Digital Channels LABS, and Viktor Balint, Head of Customer Insight & Evangelisation, Digital
MisysHompage
Product Launch: November 2014
Product distribution strategy: Through financial institutions
HQ: New York, NY
Founded: 1979
Twitter: @MisysFS

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WorkFusion Launches its Active-Learning Automation Technology Pairing Machine Learning with Crowdsourcing

WorkFusion Launches its Active-Learning Automation Technology Pairing Machine Learning with Crowdsourcing
By David Penn Posted on
Categories: FinovateFall 2014
WorkFusionLogo_FF2014

This post is part of our live coverage of FinovateFall 2014

Our next presenter is WorkFusion, demoing their Active-Learning Automation solution.

Finding opportunities to automate is hard, building algorithms is harder, and maintaining effective automation is hardest. WorkFusion solves these problems by actively tracking human work for patterns and training algorithms to follow them. When data sources or formats change, the platform reengages human workers to retrain algorithms, delivering adaptable, unbreakable automation.
Presenting: Max Yankelevich (CEO) & Adam Devine (VP Product Marketing)
WorkFusionHomepage_FF2014
Product Launch: September 2014
Metrics: Seven of the top 10 financial data providers use WorkFusion to build and refresh data products, leading FIs use WorkFusion for high-volume data work, $23M raised in total (Mohr Davidow: $15M series B in February 2014, iNovia: $5M series A, Greycroft and RTP Ventures: $2.3M seed), 68 employees, NYC HQ, GigaOm’s #1 rated crowd management platform, on American Banker’s Top 10 FinTech Companies to Watch, SIIA CODiE nominee in 2 categories.
Product distribution strategy: Direct to Business (B2B)
HQ: New York, NY
Founded: June 2010
Twitter: @crowdcomputing1

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iBillionaire Gives Users Access to Billionaire Investment Portfolios

iBillionaire Gives Users Access to Billionaire Investment Portfolios
By Julie Muhn (@julieschicktanz) Posted on
Categories: FinovateFall 2014, iBillionaire
This post is part of our live coverage of FinovateFall 2014.
iBillionaireLogo

iBillionaire showed off its platform that democratizes Wall Street

“The iBillionaire app was born out of a mission to democratize Wall Street by providing users access to the investment strategies and financial data of those who have, historically, played the market best: billionaires. 
iBillionaire provides access to billionaire investment portfolios, strategies, and stock picks and is a source of unique and exclusive data on trading activity and investment trends. It sends real-time alerts of buys, sells, and prices and is a source of up-to-the-moment billionaire news. 
With iBillionaire, users can create their own portfolios and compare with billionaires. They can also access the iBillionaire Index, which tracks the 30 stocks in which billionaire investors have allocated the most funds.”
Presenting: Raul Moreno, CEO & Co-Founder and Emily Stewart, Head of Communications & Content Strategy
iBillionaireHomepage
Product Launch: April 2013
Metrics: With a mobile community of over 150,000 investors, offices in Buenos Aires and New York, and covered by media outlets like Bloomberg, CNBC, and Fox Business, the iBillionaire Index has outperformed the S&P 500 since inception.
Product distribution strategy: Direct to Consumer (B2C), through financial institutions, through other fintech companies and platforms
HQ: New York, NY 
Founded: April 2013
Product Demoed: iBillionaire
Twitter: @ibillionaire

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VerifyValid Launches its Smartphone-Optimized Mobile Checkbook

VerifyValid Launches its Smartphone-Optimized Mobile Checkbook
By David Penn Posted on
Categories: FinovateFall 2014, VerifyValid
VerifyValidLogo_FF2014

This post is part of our live coverage of FinovateFall 2014.

VerifyValid is our next presenter. VerifyValid’s eChecks allow users to make check payments to anyone from anyplace they have access to the Internet.

“The VerifyValid Mobile Checkbook is the first ever general purpose checkbook for the smartphone, allowing users to write, approve, send, and deposit check payments from their iPhone. Now, VerifyValid has created a consumer-focused mobile app that replaces transaction fees with sponsored content. Users are able to send and receive checks at now charge while advertisers can speak directly to consumers at the moment that they write or receive a check payment.”
Presenting: Paul Doyle (CEO & Founder)
VerifyValidHomepage_LiveBlog
Product Launch: October 2014
Metrics: More than 50,000 users of the system (including payees) and more than $400M in transaction value to date
Product distribution strategy: Direct to Consumer (B2C), Direct to Business (B2B), through financial institutions, through other fintech companies and platforms
HQ: Grand Rapids, MI
Founded: 2011
Twitter: @verifyvalid

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FlexScore Launches the Mobile Version of its Financial Planning Gamification App

FlexScore Launches the Mobile Version of its Financial Planning Gamification App
By David Penn Posted on
Categories: FinovateFall 2014, FlexScore
FlexScoreLogo_FF2014

This post is part of our live coverage of FinovateFall 2014.

As we approach the halfway mark of our first session of the afternoon, here comes the FlexScore team to the stage, demoing FlexScore Mobile.

“FlexScore is now available in a mobile version, allowing users to take FlexScore with them wherever they go. FlexScore maintains its core features – the scoring engine, the Action Steps, the Peer Ranking feature – while empowering the user further through our new pocket-sized, accessible format. Just as with our desktop version, the user interface is spacious, simple, and easy to understand, all while retaining the full power of automated financial advice.”
Presenting: Jason Gordo (CEO) & Jeff Burrow (COO & President)
FlexScoreHomepage_LiveBlog
Product Launch: September 2014
Metrics: $2.5M raised to date, 7 employees
Product distribution strategy: Direct to Consumer (B2C), Direct to Business (B2B), through financial institutions
HQ: San Francisco, CA
Founded: April 2012
Website: flexscore.com
Twitter: @flexscore

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Crowdlending Platform P2Binvestor Introduces New Borrowing, Loan Management Functionality

Crowdlending Platform P2Binvestor Introduces New Borrowing, Loan Management Functionality
By David Penn Posted on
Categories: FinovateFall 2014, P2BInvestor
P2BInvestorLogo_FF2014

This post is part of our live coverage of FinovateFall 2014.

The team from P2Binvestor is making its way to the stage next. The company is a peer-to-business (P2B) crowdlending platform that provides better lending options to growing businesses and new investment vehicles for accredited and institutional investors.

“P2Bi is demoing a new borrower dashboard and application process that integrate with QuickBooks Online and streamline the borrower’s path from application to funding. The new functionality allows borrowers to automatically sync financials with their application, sync recurring financial data needed for underwriting and ongoing account analysis and submit invoices for funding. P2Bi is also demoing new underwriting functionality that creates efficiencies for underwriting and account management processes.”
Presenting: Gabriella Krista Morgan (President & Co-Founder) & Clay McIlrath (CTO)
P2BInvestorHomepage_LiveBlog
Product Launch: TBD
Metrics: Money raised to date: $2M; employees: 13, users: 182 crowd investors and 15 clients; investor earnings range from 7-15%, lending portfolio: $7M, invoices purchased: $13M
Product distribution strategy: Direct to Business (B2B), partners, referrals, digital marketing
HQ: Denver, CO
Founded: February 2012
Website: p2bi.com
Twitter: @p2binvestor

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Global Debt Registry Standardizes and Digitizes Title Tracking for Banks

Global Debt Registry Standardizes and Digitizes Title Tracking for Banks
By David Penn Posted on
Categories: FinovateFall 2014, Global Debt Registry
GlobalDebtRegistryLogo_FF2014

This post is part of our live coverage of FinovateFall 2014.

Our next presenter is debt market clearinghouse, Global Debt Registry. Global Debt Registry provides the definitive independent source of debt ownership information.

“Global Debt Registry’s client application empowers banks and debt buyers with a revolutionary suite of cutting edge controls that support the sale or placement of distressed consumer receivables. Debt owners can download account reports and request legal affidavits to demonstrate proof of ownership. Members have access to a customizable dashboard to analyze, track, and control relevant delinquent accounts. Our consumer application is the first-ever consumer resource empowering consumers to access account information and ownership history to avoid fraud, costly errors, and cases of mistaken identity by independently validating claims from a debt collector.”
Presenting: Todd Veale (Chief Marketing & Product Officer) & Charlie Moore (Chief Commercial Officer)
GlobalDebtRegistryHomepage_LiveBlog
Product Launch: September 2014
Metrics: 10-20 employees, 45 Financial Institutions Members with 250,000+ consumer accounts registered to date
Product distribution strategy: Direct to Consumer (B2C), Direct to Business (B2B), through financial institutions, through other fintech companies and platforms
HQ: Wilmington, DE
Founded: 2009

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