IND Group Debuts Essence Mobile Banking

By Julie Muhn (@julieschicktanz) Posted on
Categories: FinovateAsia 2013, IND Group
This post is part of our live coverage of FinovateAsia 2013.

INDGroupLogo.jpg

Next, IND Group launched Essence mobile banking:
“How they describe their product/innovation: 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 (Chief Innovator & Founder), Tamás Grünzweig (Head of Innovation) and Viktor Bálint (Head of Marketing & Communications)

IMG_3400.JPG
IMG_3396.JPG
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, and licensed
HQ: Munich, Germany
Founded: October 1997
Website: indgroup.eu
Twitter: @indgroup

Share this:

Send Post Twitter LinkedIn Facebook

Arkalogic Debuts Moneta, a Seamless Payment System for Bank and Telco Customers

By Julie Muhn (@julieschicktanz) Posted on
Categories: Arkalogic, FinovateAsia 2013
This post is part of our live coverage of FinovateAsia 2013.

arkalogic_logo.jpg

Then, Arkalogic debuted Moneta, its latest payment system:
“For Arkalogic Transaksi, a mobile financial solution must be cost efficient for institutions. It must also be amusing and help consumers as opposed to confusing and taxing them. Advanced yet simple technology combined with great design of customer experience and meticulous customer care are the key ingredients to Arkalogic Transaksi’s latest solution, Moneta.
Moneta’s dream essentially is to create a mass and “seamless” payment system for bank and telco customers in the form of combined mobile wallet, e-money, mobile payment, and mobile commerce, in Indonesia and globally.
With one registration and with one platform that is easy for partners to integrate into their existing system and for end consumers to ‘plug and play,’ Moneta believes that transactions and life should be simple and secure. Always.” 
Presenting Aryo Karbhawono (CEO), John Chard (Chief Strategy Officer), and Kemal Idris (Chief Product & Commercial Officer)

IMG_3370.JPG
IMG_3381.JPG
Product Launch: October 2013
Metrics: $10M funds raised to date, 15-20 employees
Product distribution strategy: Direct to Consumer (B2C), Direct to Business (B2B) & through financial institutions
HQ: Jakarta, Indonesia
Founded: April 2013

Share this:

Send Post Twitter LinkedIn Facebook

Paperless Client On-Boarding for Retail Banks Courtesy of GMC Software Technology

By David Penn Posted on
Categories: FinovateAsia 2013, GMC Software Technology

GMC_logo.jpg

This post is part of our live coverage of FinovateAsia 2013.

Making their way to the stage for the first of two presentations here at Finovate is GMC Software Technology, with their Paperless On-Boarding App.

“An innovative tablet application, enabling a totally paperless client on-boarding process for retail banks. The solution allows banking agents to on-board a client with a proof of identity, photo, signature and more without using any paper processes removing significant cost and time. On completing the process, clients are sent a digital dynamic welcome kit where they can click on different sections, drill down to areas of interest and view all their signed documents electronically. The welcome kit and all documents can be accessed on any PC or mobile device supporting a completely paperless end-to-end client on-boarding process.”
Presenting Antoine Hemon-Laurens (Director, Product Mobile Marketing) and Nick Dempsey (Regional Manager, ANZ)

IMG_3368.JPG
IMG_3366.JPG
Product Launch: November 14, 2013
Product distribution strategy: Direct to Business (B2B)
HQ: Appenzell, Switzerland
Founded: 1994
Twitter: @gmc_net

Share this:

Send Post Twitter LinkedIn Facebook

Smart Engine’s Card-Linked Loyalty Platform Creates Personalized, Targeted Marketing

By Julie Muhn (@julieschicktanz) Posted on
Categories: FinovateAsia 2013, Smart Engine
This post is part of our live coverage of FinovateAsia 2013.

smartenginelogo.jpg

Next, Smart Engine demonstrated how its card-linked loyalty platform can benefit banks, merchants, and the end customer:
“1. Purchase history of bank payment transactions are analyzed and individual shopping behavior profiles developed 
2. Profiles are enriched with online shopping personalization results
3. The Smart Engine provides answers to three critical questions: Who? Where? Which delivery channel (online banking, Web, smartphones, email or SMS supported) – which allow retailers to communicate tailored offers to those bank customers with the highest purchase probability
4. Relevant bank customers receive attractive personalized offers. Card payments result in automated cash back to cardholders’ accounts
5. Location services and event-driven notifications optimize personalization experience
6. Retailers measure return and conversion rates
7. Banks optimize income from cards by extending card usage”
Presenting Christian Bacher (Managing Partner) and Anna Bacher (Director, Sales & Business Development)
IMG_3352.JPG
IMG_3354.JPG
Product Launch: Q2, 2011
Metrics: Money raised to date: $8M USD, annual revenues: $950,000 USD, number of employees: 35, shareholder structure: 60% – two private venture capital funds, 40% – management
Product distribution strategy: Direct to Consumer (B2C), Direct to Business (B2B), and through financial institutions
HQ: Europe HQ: Vienna, Austria; Asia HQ: Hong Kong, China
Founded: December 2010
Twitter: @SmartengineNws 

Share this:

Send Post Twitter LinkedIn Facebook

BehavioSec Showcases Technology that Removes the Burden of Security from the End User

By Julie Muhn (@julieschicktanz) Posted on
Categories: BehavioSec, FinovateAsia 2013
This post is part of our live coverage of FinovateAsia 2013.

BehaviosecLogo2013.jpg

Second up in this session, BehavioSec demonstrated how it removes the burden of security from the end user:
“User-friendly adaptive user authentication via risk based authentication, or behavioral biometrics, and the reality of legacy systems at our current customers.
BehavioSec extended its award-winning BehavioWeb and BehavioMobile solutions to offer policy-based behavior authentication actions.
This allows the web fraud detection system to define cause and effect authentication, removing the burden of troublesome security from the end user.”
Presenting Neil Costigan (CEO)

IMG_3343.JPG
IMG_3345.JPG
Product Launch: April 2012
Metrics: 1.5M€, 12 employees, university spin out
Product distribution strategy: Direct to Business (B2B), through other fintech companies and platforms & licensed
HQ: Stockholm, Sweden
Founded: May 2009
Twitter: @behaviosec

Share this:

Send Post Twitter LinkedIn Facebook

i-exceed technology solutions Presents Appzillon, a Next Generation Mobile App Development Platform

By David Penn Posted on
Categories: FinovateAsia 2013, i-exceed

iexceedLogo.jpg

This post is part of our live coverage of FinovateAsia 2013.

Starting this off after our first networking break of the day is the team from i-exceed technology solutions.

“Appzillon is the next-generation mobile application development platform that offers unparalleled reusability, speed, and control to app developers. Appzilllon allows developers to focus on delivering the best possible user experience instead of the time consuming and complex tasks of security, reusability and integration with backend enterprise systems. Net result: Appzillon helps slash app development cycle times by as much as 50%. This means apps reach the market sooner, while the overall cost of development designing and deployment is reduced.”
Presenting Kapil Gupta (Director) and Sudhir Babu (VP Technology)

IMG_3332.JPG
IMG_3333.JPG
Product Launch: October 2012
Metrics: 140+ employees
Product distribution strategy: Direct to Business (B2B) & through other fintech companies and platforms, and licensed
HQ: Bangalore, India
Founded: May 2011
Website: i-exceed.com
Twitter: @Appzillon

Share this:

Send Post Twitter LinkedIn Facebook

Mistral Mobile Presents its Money Mobility Suite for Mobile Financial Services

By David Penn Posted on
Categories: FinovateAsia 2013, Mistral Mobile

mistral_250x94.jpg

This post is part of our live coverage of FinovateAsia 2013.

Our final presenter of the first morning session is Mistral Mobile, with a demonstration of their Money Mobility Suite.

Money Mobility Suite from Mistral Mobile eliminates the technological barriers to providing mobile financial services. Money Mobility Suite is a mobile front-end solution that works on any phone, on any network and anywhere – allowing you to reach and serve more customers, with faster time-to-market, and higher cost efficiency than alternative solutions, driving your revenues and lowering your operating costs dramatically.
Presenting Peter Ollikainen (SVP Product Marketing) and Steven Frank (S.E. Asia Representative)

IMG_3326.JPG
IMG_3328.JPG
Product Launch: Current version – November 2013
Product distribution strategy: Direct to Business (B2B) & through other fintech companies and platform providers
HQ: Finland
Founded: April 2012
Twitter: @MistralMobile

Share this:

Send Post Twitter LinkedIn Facebook

Advanced Merchant Payments Debuts Its Small Business Lending Solution

By Julie Muhn (@julieschicktanz) Posted on
Categories: Advanced Merchant Payments, FinovateAsia 2013

AMPLogoHiRes.jpg

This post is part of our live coverage of FinovateAsia 2013.

Next, Advanced Merchant Payments (AMP) launched its online lending solution that helps banks provide a short-term lending product to their small business customers:

“AMP’s small business lending solution offers an efficient and scalable managed solution by which banks can readily originate and manage a broad portfolio of small business loans. AMP solves the problem wherein banks find short-term, unsecured, lending to their small business account-holders costly and inefficient. 
AMP’s platform utilizes existing communication methods (including commonly accepted file formats) to bridge the divide between the Retail Banking and Business Banking activities of a bank – without the costs and difficulties inherent in formal bank system integration. AMP can manage all or some stages of the loan process: from Qualification to Verification, Credit Scoring, Approval, Disbursement, Daily Repayment & Risk Monitoring, through to Completion.”
Presenting Thomas DeLuca (MD) and James Lloyd (Director of Product Management)

IMG_3313.JPG
IMG_3314.JPG
Product Launch: November 2013
Metrics: More than $25M USD in loans to small businesses in Hong Kong, Singapore, and the Philippines – representing approximately 90,000 loan days and 60,000 repayment events.
Product distribution strategy: Through financial institutions
HQ: Hong Kong
Founded: April 2009

Share this:

Send Post Twitter LinkedIn Facebook

Yodlee Launches Tandem App Internationally

By Julie Muhn (@julieschicktanz) Posted on
Categories: FinovateAsia 2013, Yodlee
This post is part of our live coverage of FinovateAsia 2013.

YodleeLogo2012.jpgNext, Yodlee took the stage to debut its Tandem app:

“Most people have multiple “shared finances” in their life. Spouses. Children. Elderly parents. Accountants. Advisors. Friends. So Yodlee is introducing Tandem – the first collaborative financial app that lets users securely establish and manage their social financial relationships. 
From tagging transactions, to sharing documents, to sending money, to collaborating with advisors and accountants, Tandem gives users the power to establish financial circles based on levels of trust and account sharing access. And Tandem gives financial institutions the ultimate mobile banking app.”

Presenting Katy Gibson (VP, Applications) and Melanie Flanigan (Head of Marketing)
IMG_3293.JPG
IMG_3294.JPG
Product Launch: November 2013 (international)
Metrics: Yodlee is a global financial leader with 600+ customers, 50M+ users, and more than 700 employees worldwide. From leading financial institutions to Fortune 500 consumer service companies to the coolest startups, Yodlee powers innovative digital services shaping the future of customer interactions. With 25%+ year over year revenue growth, Yodlee continues to expand in existing and new markets globally.
Product distribution strategy: Direct to Business (B2B), through financial institutions & through other fintech companies and platforms
HQ: Redwood City, CA, USA
Founded: February 1999
Website: yodlee.com
Twitter: @yodlee

Share this:

Send Post Twitter LinkedIn Facebook

Pixeliris’ CopSonic Uses Sonic Communication to Create a Universal, Contactless Mobile Payment Solution

By Julie Muhn (@julieschicktanz) Posted on
Categories: FinovateAsia 2013, Pixeliris
This post is part of our live coverage of FinovateAsia 2013.

pixelirisCopsoniclogo.jpg

Then, Pixeliris stepped up to demo its universal mobile payment solution:
“CopSonic is the first universal contactless mobile payment system powered by our unique technology. It is based on sonic communication transiting through the devices’ speakers and microphones. Therefore, our technology is compatible with 100% of existing phones and smartphones, unlike NFC technologies. Several patents have been filed with regard to the security of the transaction.
Our technology also allows the use of phones and smartphones for online passwordless authentication. It turns mobile devices into security dongles.
We have developed an SDK with our technology that allows third-party companies to integrate the modules and, therefore, create a business model based on transaction fees or licenses.”

Presenting Emmanuel Ruiz (CEO & Head of Innovation) and Brian Roeten (Senior Product Manager)

IMG_3279.JPG
IMG_3286.JPG
Product Launch: September 2013
Metrics: €210,000 in capital, 11 employees in France & 50 engineers around the world
Product distribution strategy: Direct to Business (B2B), through other fintech companies and platforms, and licensed
HQ: Montauban, France
Founded: April 1989
Website: copsonic.com

Share this:

Send Post Twitter LinkedIn Facebook

SaaS Markets Presents the MarketMaker Enterprise App Store Platform

By David Penn Posted on
Categories: FinovateAsia 2013, SaaS Markets

SaasMarketsLogo.jpg

This post is part of our live coverage of FinovateAsia 2013.

Our second presenter of FinovateAsia 2013 is SaaS Markets. The team from San Mateo is here to show the MarketMaker Enterprise App Store Platform for Financial Companies.

“SaaS Markets’ MarketMaker Enterprise app store platform allows financial companies to deploy a fully branded app store containing your proprietary apps and/or selected software from our catalog of over 1,500+ pre-qualified business applications.”
Presenting Jay Manciocchi (Director of Content) and Cameron Ministri (Enterprise Sales Manager)

IMG_3260.JPG
IMG_3268.JPG
Product Launch: January 2013
Metrics: Funding: $3.5M (private); employees: 20+ (U.S. & Europe); revenues: confidential, but fully profitable
Product distribution strategy: Direct to Business (B2B) & through financial institutions
HQ: San Mateo, California, USA
Founded: November 2011
Twitter: @SaaSMarkets

Share this:

Send Post Twitter LinkedIn Facebook

Kofax’s Solution Uses Multiple Channels to Enhance the Underwriting Process

By Julie Muhn (@julieschicktanz) Posted on
Categories: FinovateAsia 2013, Kofax
This post is part of our live coverage of FinovateAsia 2013.

KofaxLogo.jpg

Next, Kofax showed how its omni-channel solution accelerates and enhances the underwriting process:
“Kofax is demonstrating how lenders can engage borrowers directly on mobile devices enabling them to interact with the loan origination process. Specifically when loans are not in good order and trailing documents are required, the solution engages customers providing them multiple channels to accelerate and supply the complex underwriting process. 
While mobile is the preferred channel, an omni-channel approach is realized using web, email, or fax. Additionally as these supporting documents are processed, analytics technology provides real-time dashboards and visibility across channels of customer engagement and adoption highlighting patterns, trends, bottlenecks, and efficiencies for right channeling customers and improved decisions.”
Presenting Drew Hyatt (SVP Mobility) and Dimitri Snowden (Visual Strategist)
IMG_3245.JPG
IMG_3247.JPG
Product Launch: March 13, 2013
Metrics: Subsidiaries: 30 countries, Employees: >1,200, Channel Partners: 800+, Products: Available in 70+ countries, Customers: 20,000+, London Stock Exchange: KFX, Revenue: $262.5M, Adjusted EBITA: $48.5M, Adjusted Diluted EPS: $0.38, Cash: $81.1M
Product distribution strategy: Direct to Business (B2B)
HQ: Irvine, CA, USA
Founded: 1985
Website: kofax.com

Share this:

Send Post Twitter LinkedIn Facebook