Blog - Page 884 of 1215

Money on Toast Debuts Holistic Financial Advice Platform

By Julie Muhn (@julieschicktanz) Posted on February 12, 2014
Categories: FinovateEurope 2014, Money on Toast

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

Then, Money on Toast demonstrated how its Doughbot delivers holistic financial advice:

“Money on Toast delivers independent and whole of the market FCA-regulated financial advice online via an algorithm-powered adviser, Doughbot. Clients can obtain advice on investments, pre and at-retirement planning, protection and inheritance tax.

How it works: The online system guides the customer through a series of questions, assessing a number of different factors just as a human adviser would. Doughbot then produces a comprehensive electronic suitability report detailing what has been recommended, which is emailed to the client. Clients can then click through and buy these products directly online. All interactions are electronically tracked, providing a complete compliance trail.”

Presenting Charlie Nicholls (Founder & Managing Partner) and Catharine Dodd (Project Manager)

Product Launch: May 2012

Product distribution strategy: Direct to Consumer (B2C), through financial institutions

HQ: London, UK

Founded: March 2012

Website: moneyontoast.com

Twitter: @Moneyontoast

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ITSector’s Commercial Sales GPS Helps Out Financial Institutions’ Sales People

By Julie Muhn (@julieschicktanz) Posted on February 12, 2014
Categories: FinovateEurope 2014, ITSector

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

Starting off the final session today, ITSector debuted its Commercial Sales GPS to help out financial institutions’ sales teams:

“Commercial Sales GPS offers financial institutions’ sales teams a solution to guide all commercial effort, including mobile access from everywhere. The main aim of the solution is to provide global information for commercial activity, including:

Windows 8 Mobile Tablet – front end for accessing maps and detailed management information and Proactivity map

Action Tool for Commercial Managers – guidance for commercial effort

Tool for achieving Cycle Proactivity – planning, scheduling, preparation, and report overview

The software, based on Microsoft Dynamics CRM, will cover the main activities of the sales process, from account planning, all the way through visit scheduling, preparation, and execution up to monitoring.”

Presenting João Pinto (Director) and Vitor Barros (IT Architect)

Product Launch: February 2014

Metrics: €9M in 2013 revenues, 200 employees in 2013

Product distribution strategy: Direct to Business (B2B)

HQ: Porto, Portugal

Founded: April 2005

Website: itsector.pt

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Temenos Presents its Treasury Management Dashboard Tablet App

By David Penn Posted on February 12, 2014
Categories: FinovateEurope 2014, Temenos

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

From Geneva, Switzerland, the team from Temenos is up next with their solution for managing treasury operations.

“The Temenos Treasury Management Dashboard Tablet App has been developed for Microsoft Windows 8 and enables the transformation of treasury operations. It provides a dynamic dashboard user interface, accessing real time, accurate business-critical information in relation to the bank’s overall position against the market, enabling them to spot opportunities and manage risk from wherever they are and at any time.

This app allows better access, increased mobility, and stronger collaboration for information sharing in the workplace whilst enabling treasury managers to be far more responsive and effective in making critical business decisions – ultimately producing higher returns and managing risk.”

Presenting Adam Gable (Product Manager) and Mike Williams (Sales Director, Temenos Channel Solutions)

Product Launch: May 2014

Metrics: 3,700 employees worldwide; 1,500 customer deployments; $450 revenue in 2012

Product distribution strategy: Direct to Business (B2B)

HQ: Geneva, Switzerland

Founded: 1993

Website: temenos.com

Twitter: @Temenos

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Intuition Intelligence’s Smart Offers Solution Helps Banks Bring Users Relevant and Targeted Offers

By Julie Muhn (@julieschicktanz) Posted on February 12, 2014
Categories: FinovateEurope 2014, Intuition Intelligence

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

Next, Intuition Intelligence demonstrated its Smart Offers platform:

“Smart Offers markets Bank Products and Merchant Offers embedded in Super Relevant financial content. The financial content matching a customer’s life cycle serves as a powerful trigger to act on the Super Relevant Bank Products and Merchant Offers. The customer Analytical feedback to Banks is a powerful lead generation tool providing deeper insights on customer likes and needs.

Smart Offers solution sources a huge volume of offers from the open coupons and deals networks. The Bank manager portal enables financial institutions to view, select, and approve offers.

Smart Offers’ iCube Super Relevancy engine learns user intent in click time and delivers Super Relevant offers at the right moment via digital channels without spam or friction. Thus, banks experience higher conversion on a scale never seen before, resulting in dramatic increases in revenue.

Smart Offers solution can be easily integrated to existing infrastructure, hosted on-premise, or by a software-as-a-service model.”

Presenting Dr. Arif Ansari (CEO) and Yusuf Ansari (COO)

Product Launch: November 2013

Metrics: 20 employees in California & India

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

HQ: Dublin, CA, USA

Founded: October 2013

Website: intuitionintelligence.com

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BehavioSec’s Adaptive User Authentication System Removes the Burden of Security from the End User

By Julie Muhn (@julieschicktanz) Posted on February 12, 2014
Categories: BehavioSec, FinovateEurope 2014

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

Then, BehavioSec demonstrated how its system can remove the burden of security from the end user:

“User-friendly, adaptive user authentication via risk based authentication, or behavioural biometrics, and the reality of legacy systems at our current customers.

BehavioSec extended its award winning BehavioWeb and BehavioMobile solutions to offer policy based behaviour 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)

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

Website: behaviosec.com

Twitter: @behaviosec

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Luxoft Helps Banks Give their Clients a Single Place to Track their Investments

By Julie Muhn (@julieschicktanz) Posted on February 12, 2014
Categories: FinovateEurope 2014, Luxoft

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

Next, Luxoft demonstrated iStockTrack, an app that gives users a single place to connect with their investment life:

“iStockTrack is an innovative iPad solution providing mobile banking services for private and premium banking clients. iStockTrack features include client consolidated wealth view, investment portfolio monitoring, personal adviser video call and chat, 24/7 individual banking services, instant market data and news, and macroeconomics dashboard – all in one app!”

Presenting Przemyslaw Berendt (VP Global Marketing)

Product Launch: May 2013

Metrics: 7,000+ employees, 19 offices worldwide, 130+ clients, 300+ successful projects, revenue CAGR 26% FY 2011 to FY 2013

Product distribution strategy: Direct to Business (B2B)

HQ: Zug, Switzerland

Founded: 2000

Website: luxoft.com

Twitter: @Luxoft_tweets

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Meniga Launches MarketWatch to Offer a New Revenue Stream for Banks

By Julie Muhn (@julieschicktanz) Posted on February 12, 2014
Categories: FinovateEurope 2014, Meniga

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

Next, Meniga demonstrated its MarketWatch technology:

“The MarketWatch offers Financial Institutions a unique way to analyze financial data that lives within their systems. Complementary to Meniga’s PFM Solution, the MarketWatch enriches the transactional data and is a real-time, transaction-based analytics platform for industry-specific market intelligence and reporting. The superior market intelligence provided by the MarketWatch can be offered by banks to retailers for competitive analysis or to improve tactical decision making thereby creating a new revenue stream.”

Presenting Georg Ludviksson (CEO & Co-Founder) and Einar Gustafsson (VP Product Management)

Product Launch: February 2014

Metrics: $8 million raised. 70 employees. Meniga is the European market leader of white-label Personal Finance Management (PFM) and next-generation online banking solutions. The Meniga PFM Solution has been implemented by more than 15 financial institutions in 11 countries, reaching well over 10 million online banking users. Meniga’s PFM Solution has received multiple awards for innovation, including “Best of Show” at FinovateEurope in 2011 and 2013, and boasts market leading adoption and retention metrics.

Product distribution strategy: Direct to Business (B2B), through financial institutions

HQ: Reykjavík, Iceland

Founded: March 2009

Website: meniga.com

Twitter: @meniga

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Cardwise’s Xpenditure Automates Expense Management

By Julie Muhn (@julieschicktanz) Posted on February 12, 2014
Categories: Cardwise, FinovateEurope 2014

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

Second up this afternoon, Cardwise demonstrated how Xpenditure can automate expense reports:

“Xpenditure is a web based expense management solution that eliminates expense reports for a company. By automating all steps of the expense management process and making use of receipt scanning and integrated approval on the level of expense, Xpenditure makes it possible to manage all daily costs without creating ordinary expense notes – all without long and expensive implementation costs.”

Presenting Wim Derkinderen (CCO & Co-Founder) and Koen Christiaens (Head of Product)

Product Launch: February 2013

Metrics: €1.8M in Funding (Angel), 15 Employees, €1.3M in revenue for 2013

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

HQ: Mechelen, Belgium

Founded: April 2011

Website: xpenditure.com

Twitter: @xpenditure

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NF Innova Presents its Personal Experience Module to Boost Customer Engagement

By David Penn Posted on February 12, 2014
Categories: FinovateEurope 2014, NF Innova

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

Making their way to the stage now is the team from NF Innova, a software company that specializes in omni-channel customer interaction products.

“Personal Experience Module, a part of iBanking product suite, enables banks to offer their customers a truly unique and tailored user experience. Namely, instead of static, CRM-based rules used for segmentation, this module provides for the adaptive behavior of the entire system, tailoring the user interface for each individual client, without the administration by the bank’s staff.

It monitors the subscribed products and services, user’s behavior on the digital touch points (portal, mobile devices, etc.), and automatically provides the exact mash-up of functionalities that are most appropriate for the specific customer at the given time and the communication device.”

Presenting Eldar Banjica (CEO) and Dejan Petkovic (Director, Products & Strategy)

Product Launch: iBanking: June 2012, Personal Experience Module: February 2014

Metrics: 42 employees, estimated €1.5 million in revenue in 2013, estimated 1 million named users of iBanking in 2013

Product distribution strategy: Direct to Business (B2B), through other fintech companies and platforms, licensed

HQ: Vienna, Austria

Founded: March 2013

Website: nfinnova.com

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Payworks Provides Robust Checkout Options

By Julie Muhn (@julieschicktanz) Posted on February 12, 2014
Categories: FinovateEurope 2014, payworks

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

Taking the stage just before lunch, payworks showed how its platform can facilitate robust payment capabilities:

“We are showing how easy it is to build innovative payment solutions on top of the payworks platform and showcase stunning checkout options.”

Presenting Christian Deger (CEO) and Michael Englmaier (Head of Sales)

Product Launch: Summer 2012

Metrics: 15 employees, winner of MPE Award for most innovative payment startup

Product distribution strategy: Direct to Business (B2B), through financial institutions

HQ: Munich, Germany

Founded: April 2012

Website: payworksmobile.com

Twitter: @payworksmobile

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Tink Launches its Personal Finance Service Internationally

By Julie Muhn (@julieschicktanz) Posted on February 12, 2014
Categories: FinovateEurope 2014, Tink

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

Next, Tink launched its platform to help users follow their finances:

“Tink is a free personal finance service that allows you to follow your money, wherever you are! The service automatically collects and categorizes up to 2 years of historical transactions and assets from the banks you decide to connect. Once connected, Tink presents your expenses and incomes, suggests budgets, sends alerts, and gives you a personalized feed. Tink removes all the unwanted noise, highlights what’s important, and provides intelligent insights into your finances. Following your money with the Tink feed is as effortless as browsing your Instagram feed!”

Presenting Daniel Kjellén (Founder & CEO) and Fredrik Hedberg (Founder & CTO)

Product Launch: September 2013, international launch: 2014

Metrics: 10 employees

Product distribution strategy: Direct to Consumer (B2C)

HQ: Stockholm, Sweden

Founded: June 2012

Website: tink.se/en

Twtter: @tink

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MyWishBoard’s P2P Platform Helps Family and Friends Fund Each Others’ Wishes

By Julie Muhn (@julieschicktanz) Posted on February 12, 2014
Categories: FinovateEurope 2014, myWishBoard

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

Next, MyWishBoard stepped up to demo its P2P platform that helps friends and family finance each others’ wishes:

“MyWishBoard.com is the first p2p platform where users can finance their wishes with the help of friends and subscribers. Once the necessary amount is raised, the money is transferred to the gift recipient’s digital account and could be further spent directly in e-stores or withdrawn on a credit card.”

Presenting Alexander Borodich (Co-Founder & Chief Dreams Officer) and Olga Kazmina (Marketing Fairy)

Product Launch: July 2013

Metrics: $730,000 raised, more than 80,000 registered users with over 650,000 wishes, 6 employees

HQ: Moscow, Russia

Founded: May 2013

Website: MyWishBoard.com

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