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CRIF Debuts its Mobile Lending Platform that Adapts to Any Business, Regulation, or Country Requirement

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

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

Starting off the second session today, CRIF showed how its mobile lending platform can keep institutions compliant:

“CRIF’s innovation combines lending via mobile devices with agile, business user-friendly technology to ensure business KPIs are met during the sales phase of the lending process. The demo shows new releases of CRIF Credit Framework’s technology, which is a Smart Process Application platform built specifically for the credit and lending space that is extremely adaptable to any business, compliance regulation, and country requirement.

It consists of modular decision management, process management, and business intelligence products used to develop smart, dynamic applications for credit, risk management, and lending. Flexibility along with control and analytical features allow our customers to be faster, better, and more efficient.”

Presenting Aldo Bruschi (VP Global Decisioning Bus. Dev. & Delivery), Sheila Donohue (Product Marketing Manager), and Gabriele Graziani (Application Analyst)

Product Launch: Q1 2014

Metrics: $380 revenue (FY 2012), 1,500 employees, customers in 43 countries, credit bureau solutions in 15 countries, over 30M credit applications and collection cases processed in the cloud, lending and decision management solutions in 22 countries

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

HQ: Bologna, Italy

Founded: 1988

Website: crif.com

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EZBOB Debuts its New Proprietary Business Lending Platform

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

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

Making their way to the stage now is EZBOB, a web-based, fully-automated lending platform for SMEs.

“EZBOB’s lending platform was initially designed to provide an automated funding solution for online retailers, such as people operating online shops on eBay, Amazon, or those using PayPal.

“At Finovate EZBOB is launching their new proprietary platform (EZ10.1), which allows for any of the 5 million SMEs in the UK to apply online in minutes and find out how much funding is available to them.

“Now, all business applicants will enjoy EZBOB’s USP, which is a short online application with an automated lending decision and instant funding of up to 50,000 pounds.”

Presenting Nimrod Kaplan (COO) and Tomer Guriel (CEO & Co-Founder)

Product Launch: February 11, 2014

Metrics: £6 million raised, 15 employees

Product Distribution Strategy: Direct to Business (B2B)

HQ: London, UK

Founded: November 2011

Website: ezbob.com

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Fiserv Debuts New Version of Its Mobile & Tablet Banking Platform, Mobiliti

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

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

Next, Fiserv showed off what is new on its Mobiliti mobile and tablet banking platform:

“We are demonstrating the next version of Mobiliti – our flagship mobile and tablet banking platform, with a focus on its completeness, intuitive design and disruptive capabilities.”

Presenting Jonathan Atkinson (Solution Consultant, Digital Channels) and Denis Zelenskiy (Sales Executive, Digital Channels)

Product Launch: 2014

Metrics: More than $4.5B in revenue from digital banking and payments. The world’s leading provider of online, tablet and mobile banking solutions, and white-labeled bill presentment, payment and P2P solutions.

Product distribution strategy: Direct to Business (B2B), reaching consumers through financial institutions (licensed or SaaS)

HQ: Brookfield, WI, USA

Founded: 1984

Website: fiserv.com

Twitter: @Fiserv

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Topicus Finan Presents its Self Service Business Lending Solution

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

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

The team from Topicus Finan is on stage right now, ready to demo Finan Financials.

“Self service for business lending as a service extension to face-to-face advice is something that modern clients expect from a bank. We are demonstrating the impact of self-service. The entrepreneur has the option of working with what-if scenarios to assess the financial impact of his investment in real time. A key aspect is that the entrepreneur is not aware of typical banking complexities. Instead, communication is centered on concepts he understands, like the cost of a new machine and turnover growth.”

Presenting Michiel Schipper (CEO) and Jamie Burink (Senior Consultant Innovative Banking)

Product Launch: Finan Financials has been available since Q3 2012 and in use by banks and hundreds of accountants. The release of the software, announced in Q4 2013, includes a new portal for entrepreneurs with dash boarding and powerful, yet fun to use what-if scenarios.

Metrics: Estimated turnover in 2013 of Topicus Finan is €4.1 million with an average of 42 full-time employees, 52 current full time employees at the end of 2013. Estimated turnover of the entire Topicus group is €40 million with an average of 380 full time employees, 420 full time employees at Topicus in 2014. Topicus is wholly owned and financed by its founders and current board members.

Product Distribution Strategy: Direct to Business (B2B)

HQ: Zwolle, Netherlands

Founded: December 1993

Website: topicusfinan.com

Twitter: @TopicusFinan

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ETRONIKA Debuts BANKTRON Multi-Channel Partnership Ecosystem

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

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

Then, ETRONIKA demonstrated its multi-channel partnership ecosystem within BANKTRON:

“BANKTRON introduces a brand new approach to the customer. By combining banking and partners, data analysis, personalization, loyalty, and even fraud prevention, we have laid a whole new ground for better customer interaction and value added product offering. BANKTRON enables the bank to provide personalized, tailored services to the customer via multiple channels, much attention drawn to the mobile.

Our flagship product BANKTRON is enriched with data analysis, fraud prevention engines, and a customer loyalty platform, which increases customer engagement and eases the determination of a full customer’s profile based on behavioral patterns. Providing tailored marketing campaigns and enhancing fraud prevention – a way to retain a satisfied customer.”

Presenting Kęstutis Gardžiulis (CEO) and Asta Sabaitė (Head of Marketing)

Product Launch: Q2 2014

Metrics: 70 employees, self funded

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

HQ: Vilnius, Lithuania

Founded: 2000

Website: etronika.com

Twitter: @EtronikaTweets

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Kown’s New Platform Matches People with Investing Opportunities Based on Their Interests

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

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

Kown launched its platform that matches people with relevant investing opportunities:

“Kown provides an alternative for the traditional savings account. We match people with investing opportunities based on their interests, risk-graph and investment focus.”

Presenting Alexander Dresen (CEO) and Ilya Rudometov (CTO)

Product Launch: February 2014

Metrics: 4,100 users of which 900 are accredited investors

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

HQ: London, UK

Founded: June 2013

Website: kown.co

Twitter: @kownco

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CurrencyTransfer Launches its FX Price Feed Aggregator for SMEs

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

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

Our next innovator is CurrencyTransfer, developer of technologies to make it easier for small and medium sized businesses to operate internationally.

“FX price feed aggregator and execution platform that takes the technology blue chip treasurers take for granted, and makes it accessible to the masses. We offer a price feed aggregation solution to problems SMEs trading internationally face, including: outdated phone based comparison, experiencing ‘honeymoon rates’ & dreadfully expensive bank foreign exchange rates.

Our goal is to create efficiency & total price transparency in an expensive, and opaque international money transfer industry. Version 1 features include: bidding platform, trade execution, multi broker registration & post trade history.”

Presenting Daniel Abrahams (Co-Founder & Head of Partnerships) and Steven Litobac (Co-Founder & Head of Product)

Product Launch: February 2014

Metrics: Public launch of CurrencyTransfer.com at Finovate, office in London & Tel Aviv; 7 employees

HQ: London, UK

Founded: December 2013

Website: currencytransfer.com

Twitter: @currencytransfr

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SaaS Markets Helps FIs Build, Brand and Launch Their Own App Stores

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

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

Making their way to the stage is the team from SaaS Markets with their Enterprise Cloud Marketplace Platform for financial companies.

“Saas Markets’ MarketMaker platform allows financial companies to deploy a fully branded cloud marketplace containing proprietary apps and/or selected software from our catalog of over 1,500+ pre-qualified business applications, plus other cloud products and services – all in one convenient marketplace for your employees or business customers.”

Presenting Ferdi Roberts (CEO & Founder) and Jay Manciocchi (Director of Marketing)

Product Launch: November 2013

Metrics: $3.5 million private funding, 20+ employees in USA and Europe, confidential revenues, but fully profitable.

Product Distribution Strategy: Direct to Business (B2B), through financial institutions

HQ: San Mateo, CA, USA

Founded: November 2011

Website: saasmarkets.com

Twitter: @SaaSMarkets

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Nous.net’s Spark Feed Leverages Trading Intuition Rather Than Software Algorithms

By David Penn Posted on February 12, 2014
Categories: FinovateEurope 2014, Nous.net

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

Next up to the stage is Nous.net, a company that operates a next generation, free trading simulator

“Nous ‘Spark Feed’ is a real-time financial data service that helps you understand and predict the markets. Uniquely, Spark Feed uses the intuitive and analytical capabilities of tens of thousands of real people, not software algorithms. Their predictions are segmented by proven trading skill and then quantitatively blended.”

Presenting Justin Short (CEO & Founder) and Mick Horgan (Co-Founder)

Product Launch: February 11, 2014

Metrics: Self-funded, pre-revenue, pre-launch; 5 FTE; 15,000 users (January 2013)

Product Distribution Strategy: Direct to Consumer (B2C), Direct to Business (B2B), through other fintech companies and platforms

HQ: Tokyo, Japan (Operations), British Virgin Islands (Legal)

Founded: September 2012

Website: nous.net

Twitter: @nousinc

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Recently partnered Jack Henry & Associates and Luminous Demo DataVault

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

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

Luminous, along with its partner Jack Henry & Associates, started off the second day of FinovateEurope with its DataVault:

“DataVault is a virtual safety deposit box that allows banking customers to upload, sort, and store personal and business documents in one secure place. Now customers can bank online with important documents just a click away.”

Presenting Phillip Wood (Sales EMEA, Jack Henry & Associates) and Andrew Teversham (CTO, Luminous)

Product distribution strategy: Through financial institutions

HQ: Monett, Missouri, USA (Jack Henry & Associates) & Johannesburg, South Africa (Luminous)

Founded: 1976 (Jack Henry & Associates) & 2009 (Luminous)

Product Launch: November 2013

Websites: jackhenry.uk.com, luminousbanking.com

Twitter: @ProfitStars, @LuminousBanking

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The Currency Cloud Revamps International Payments Platform

By Julie Muhn (@julieschicktanz) Posted on February 11, 2014
Categories: FinovateEurope 2014, The Currency Cloud

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

The Currency Cloud took the stage to finish off the first day of FinovateEurope 2014:

“This release will provide our clients access to an easy-to-use web console. Cross-border transactions tend to be expensive and inefficient (i.e., error prone) as the majority are executed through some type of manual process. While a variety of alternative international payment providers claim to offer relief, their services have limitations that often leave companies encountering the same issues of high costs, inadequate automation and deceptive pricing. We think global businesses deserve better, and have developed an entirely new model for international payments.”

Presenting Michael Laven (CEO) and Richard Bastin (CTO)

Product Launch: April 2014

Metrics:

• Current number of employees: 42

• Money raised: $8M as of December 2013 – next round imminent.

• Financial Data: transaction run rate is approximately $4B per calendar month and is projected to double every five to six months. Revenue run rate is currently $4.4M.

• Customer Traction: we have on-boarded over 50 new direct clients with over 1,000 indirect customers since January 2013.

Product distribution strategy: Direct to Business (B2B)

HQ: London, England

Founded: January 2012

Website: thecurrencycloud.com

Twitter: @Currency_Cloud

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SQLI Launches Augmented Banking

By Julie Muhn (@julieschicktanz) Posted on February 11, 2014
Categories: FinovateEurope 2014, SQLI

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

Next, SQLI launched Augmented Banking:

“Augmented Banking is a new take at Online Banking. It is aimed at positioning a Bank at the very center of people’s digital lives.

The core concept behind Augmented Banking is to collect a massive amount of information about a user’s digital life from multiple sources and to push it back to him as a visualization of his financial behavior.”

Presenting Benjamin Thomas (Innovation Manager) and Mederic Morel (Head of Consulting Services)

Product Launch: February 2013

Metrics: 2,000 employees

Product distribution strategy: Through financial institutions, licensed

HQ: Saint Denis, France

Founded: 1990

Website: sqli.com

Twitter: @Groupe_SQLI

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