SoftWear Finance’s hacu Platform Helps Banks Promote its Products and Create and Better User Experience

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

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Then, SoftWear Finance demonstrated how its hacu platform can help banks deliver a better user experience:
“With the hacu platform, a bank can provide customers with the best possible user experience on any platform or device. The sophisticated technology lets a bank promote its products and services with remarkable ease:
        • Easy integration with Facebook and Foursquare lets banks get to know their clients better and offer banking services and products more effectively. For bank customers, hacu makes online banking a welcome essential in their daily routine. 
        • A PFM system that lets bank customers rapidly analyze expenses and income, while accurately predicting their financial future. 
        • hacu’s high performance is rapidly adapted to a bank’s requirements. 
        • Speed and convenience for covering web, mobile, Smart TV, and ATM channels through a single design.”
Presenting Pavel Malyshev (CEO) and Igor Dubovoy (Director, Development & New Business)

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Product Launch: June 2013
Product distribution strategy: Direct to Business (B2B)
HQ: Saint Petersburg, Russia
Founded: April 2012
Twitter: @softwearfinance

Yseop Launches YseMail, a Sales Force Productivity Suite

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

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Afterwards, Yseop launched YseMail, a product aimed at helping sales agents:
 
“Yseop Sales Force Productivity Suite (YSF) and its email writing application, called “YseMail” (pronounced “Easy-Mail”), is an integrated sales performance boosting solution to be plugged into a CRM, which supports the financial advisor throughout the sales cycle. YSF analyzes customer data, dialogs intelligently with the financial advisor or customer to gather contextual data and produces written conclusions in seconds, including pre- and post-meeting summaries, personalized marketing communications and prep-to-meeting documents. YSF has demonstrated an improvement in sales productivity of 20% overnight.”
Presenting Elizabeth Farabee (VP Marketing) and Arden Manning (Communications & Bus. Dev.)

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Product Launch: February 2014
Metrics: Privately self-funded. Over 20 years of research. Commercialized as a stand-alone product in Europe at end of 2008. 30 employees. Winner of 2013 Google-sponsored DMA Innovation Award for its CRM integrated cross-selling solution. Selected as French National Champion for the 2013-14 European Business Awards. Largest customer in production is a retail bank with 12,500 daily users.
Product distribution strategy: Direct to Business (B2B), through other fintech companies 
HQ: Lyon, France (European Headquarters) & Dallas, Texas (U.S. Headquarters)
Founded: First commercialized as a stand-alone product in Europe at the end of 2008.
Website: yseop.com
Twitter: @YseopAI

MISYS (Formerly Known as IND Group) Shows Off New Digital Banking Experience

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

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Then, MISYS (formerly known as IND Group) demonstrated its new digital banking experience:
“To adapt to younger generations’ requirements, IND Group delivers a best-in-class banking app with an innovative drive. With IND’s next generation mobile banking, Essence, all services are only a few taps away – anytime, anywhere. Mobile banking has never been so comfortable and easy, yet secure. The application offers more than just transactional banking: based on customers’ life situations banks are able to deliver personal, targeted offers, turn data into relevant, visualized information, and provide a user experience like never before, turning mobile banking into their primary engagement and sales channel.”
Presenting József Nyíri (Founder & Chief Innovator) and Tamás Braun (General Manager)

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Product Launch: November 2013
Metrics: €12M in revenue, 8 offices, 225 employees, 40 retail banks & financial institutions as clients
Product distribution strategy: Direct to Business (B2B), through financial institutions, through other fintech companies and platforms, licensed
HQ: Munich, Germany
Founded: October 1997
Website: misys.com
Twitter: @MisysFS

Truphone Helps Banks Stay Compliant with its Mobile Recording Technology

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

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Afterwards, Truphone demonstrated how its Mobile Recording technology helps banks stay compliant:
“The Dodd-Frank Act poses banking technologists with a technical and compliance problem. They must record all mobile phone communications relevant to a trade. Today, most banks do not record mobile devices, they fall outside of their technology stack. Communication is invisible; and that’s why the regulation now exists. 
With Truphone Mobile Recording, businesses record, encrypt and store their mobile calls and text messages, simply and securely – without changing the user experience. Truphone Mobile Recording is available as a secure hosted solution, or can be integrated with existing recording equipment.”
Presenting Paul Liesching (SVP Mobile Recording) and Tom King (Enterprise Account Manager)
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Product Launch: September 2013 (USA), UK Launch November 2011
Metrics: Raised over £200M, circa 700 employees in ten offices across four continents, counts 3 of the top 5 banks in the world as customers, plus many of the FTSE 100 and Fortune 1000.
Product distribution strategy: Direct to Business (B2B), through other fintech companies and platforms
HQ: London, UK
Founded: June 2006
Website: truphone.com
Twitter: @Truphone

Efigence Teams Up with Idea Bank to Present New Transaction System for SMEs

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

Coming to the stage now is the combined team of efigence, builder of web and mobile IB platforms, and Idea Bank, a specialist in SME banking.

“We are presenting a tool for small and medium enterprises. It is a new transaction system for SMEs that is connected with accountancy systems and a company’s cash flow analysis.”
Presenting Marek Lesiak (CTO, efigence), Andrzej Szewczyk (Managing Director, efigence), and Steve Sutton (Innovation Manager, efigence)

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Product Launch: Q1 2014
Product distribution strategy: Direct to Business (B2B), Direct to Consumer (B2C)
HQ: efigence: Warsaw, Poland; Idea Bank: Warsaw, Poland
Founded: efigence: 1999; Idea Bank: 2010
Twitter: @efigence, @IdeaBankSA

LifePay Introduces its Financial Ecosystem

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This post is part of our live coverage of FinovateEurope 2014, and has been updated.

Starting us off after the noon break is LifePay from Moscow.

“Today we are talking about our evolution from ordinary mobile card reader solution to the LifePay Ecosystem.
Over 1.5 years of existence, we have connected more than 8,000 companies to LifePay, and also created a complete closed system of inside interaction. The components of LifePay Ecosystem include:
  • Mobile app builder for business apps (iOS and Android)
  • Consumer downloads building app with order delivery via LifePay mPOS (accepts card payment; SMS receipt with LifePay Wallet offer)
The app tracks all transactions and gives the opportunity to pay for further bargains without taking your card out of your pocket. LifePay Stand, a free tablet for business with preinstalled ecosystem software.”
Presenting Vladimir Akimov (COO) and Viacheslav Semenchuk (CEO) and Helena Spirina (customer)

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Product Launch: January 2014
Metrics: Money raised: $2.6 million; number of employees: ~30; revenues: ~200,000 RUR; registered users: over 5,500; readers realized: over 15,000; website traffic: 100,000 DAU
Product distribution strategy: Direct to Business (B2B), through other fintech companies and platforms
HQ: Moscow, Russia
Founded: September 2012
Website: life-pay.ru
Twitter: @LifePay

Toshl Finance Makes Personal Finance Management Fun

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

Our last presenter before the noon break is Toshl demoing Toshl Finance.

“One of the main problems of personal finance is that it’s annoying to most people and they get quickly discouraged. Our aim is to provide more positive feedback and create content based on user’s data that is fun and makes them come back, despite the possibly harsh realities of their financial situation.”
Presenting Matic Bitenc (CEO) and Miha Hribar (CTO)

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Product Launch: March 2013
Metrics: 8 employees, 1.5 million registered users
Product distribution strategy: Direct to Consumer (B2C)
HQ: Kranj, Slovenia & Mountain View, CA, USA
Founded: April 2012
Website: toshl.com
Twitter: @Toshl

MyOrder Delivers the Smartest Way to Spend, Connect, Shop, Browse and Have Fun

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

Coming to the stage is the team from MyOrder.

“We are MyOrder. We empower and delight our customers by delivering confidence and convenience to their shopping experience.”
Presenting Gertjan Rösken (CTO) and Tamar Klein (Sales Manager)

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Product Launch: September 2013
Metrics: >200,000 downloads in the Netherlands; 11,000 merchant locations in the app
Product distribution strategy: Direct to Consumer (B2C), Direct to Business (B2B), international distribution strategy through partners (FIs, other FinTech companies, etc.)
HQ: Groningen, Netherlands
Founded: 2008
Website: myorder.nl

Fastacash Enables Value, Content Transfer via Social Networks

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

Headquarted in Singapore, here is our next presenter, fastacash.

“As a technology enabler, fastacash partners with companies and brands in the payments, remittance, consumer products, social, and gaming industries to bring its technology to end-users. The company recently launched its showcase service in the United Kingdom (international remittances from the UK to Kenya) through a partnership with VFX Financial. It also launched in Indonesia (domestic money transfers) in November, with partner, DOKU, a leading PSP. The company is preparing to launch in Russia with UNISTREAM.”
Presenting Vince Tallent (Chairman & CEO) and Gilberto Arredondo (Chief Commercial Officer)

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Product Launch: September 2013
Metrics: $4.5 million between Seed Round and Series A. 17 employees.
Product distribution strategy: Direct to Business to Consumer (B2B2C)
HQ: Singapore
Founded: April 2012
Website: fastacash.com
Twitter: @fastacash

GMC Software Technology Launches its Inspire Mobile Onboarding Solution

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

Demoing GMC Inspire Mobile Onboarding, here is GMC Software Technology:

GMC Inspire Mobile Onboarding is a game-changing innovation that allows banks to attract, retain, and grow customers through real-time, interactive communication.
This solution is specifically tailored for mobile customer engagement. With GMC Inspire Mobile Onboarding, banks empower their front line staff to easily create contracts based on customers’ needs and preferences that can be sent in real-time and browsed on any mobile device. This innovation enables customers to review contracts, make changes and use digital signature, hence simplifying the on boarding process, reducing drop-out, and increasing revenue.”
Presenting Antoine Hemon-Laurens (Mobile Products Marketing Manager) and Gary Jenkins (Product Manager)

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Product Launch: February 2014
Product distribution strategy: Direct to Business (B2B), through financial institutions, licensed
HQ: Appenzell, Switzerland
Founded: 1994
Website: gmc.net
Twitter: @gmc_net

Matchi’s Innovation Matchmaking Platform Opens Channels of Communications for Banks and Innovators

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

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Matchi debuted its platform that connects banks and innovators:
“Matchi is an Innovation Matchmaking platform for banks and innovators to establish collaborative relationships that deliver increased return on investment for innovators and banks alike. Matchi is here to open persuasive channels of communication so that both sides can benefit from the relationship.”

Additionally, Matchi announced today that it has signed a three year sponsorship deal for Spain with CaixaBank.

Presenting David Milligan (CEO) and Gerrit Hoekstra (CTO)

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Product Launch: November 2013
Metrics: Privately owned company with 10-50 employees
Product distribution strategy: Direct to Consumer (B2C), Direct to Business (B2B)
HQ: Hong Kong, China
Founded: 2013
Website: matchi.biz
Twitter: @matchibiz

AnalytixInsight Launches its Financial Research Portal, Capital Cube

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

Next up to the stage is AnalytixInsight, demoing its online financial research and content portal, Capital Cube.

“AnalytixInsight and CapitalCube launches their newest product – Fundamental ETF analysis. The ETF analysis provides unique fundamental research of an ETF based on the analysis and risk assessment of the daily changing underlying compositions. This enables investors to easily discern the fundamental risk and characteristics of each ETF, especially with respect to other ETF alternatives available to them. The service is intended to address the till-now unmet need of fundamental analysis of each ETF globally.”
Presenting Chaith Kondragunta (CEO)

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Product Launch: February 2014
Product distribution strategy: Direct to Consumer (B2C), Direct to Business (B2B), through financial institutions, through other fintech companies and platforms
HQ: New York, NY, USA
Founded: June 2010
Twitter: @capitalcube