Zighra Debuts Automatic, Instantaneous User Recognition with KineticID

Zighralogo.jpgThis post is part of our live coverage of FinovateFall 2013.

Our next presenter is Zighra, presenting their user recognition innovation, KineticID.
“Zighra KineticID provides effortless, automatic, and instantaneous user recognition by adding an invisible security layer to mobile authentication. 
KineticID implicitly recognizes a user by actively evaluating the user’s unique kinetic interaction signature with their mobile device. Securely avoiding mandatory password and PIN authentication eliminates observational shoulder surf, keylogger, and toughlogger risks vectors.”
Product Launch: September 2013
Metrics: $1.2M raised & 8 employees
Product distribution strategy: Direct to Business (B2B) & through other fintech companies and platforms.
HQ: Ottawa, ON, Canada
Founded: May 2009
Website: zighra.com
Twitter: @dcdutt
Presenting Deepak Dutt (CTO) and Michael Bingham (Lead Researcher)
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The full demo video will be available at Finovate.com in mid-September.

Manilla Presents Their Bill Management Integration with AOL

Thumbnail image for ManillaLogo.jpgThis post is part of our live coverage of FinovateFall 2013.

Coming to the stage now is the team from Manilla. Manilla will be demonstrating how their bill management solution has been integrated into AOL Mail.
“Manilla launched a distribution deal within AOL reaching 24M users. Manilla is now seamlessly integrated into AOL Mail as the new AOL Bill Manager tool powered by Manilla. Manilla’s new email import feature will scan a user’s AOL inbox and suggest providers that the user has an account with and load them automatically into Manilla. The AOL Bill Manager Powered By Manilla will provide partners with increased engagement, additional marketing opportunities, enhanced data insights and more.”

Product Launch: August 2013

Metrics: More than 500,000 users, on track to reach 1M by the end of the year, more than 3M linked accounts; 3,500 businesses under management, 50+ employees, & distribution deal within AOL, reached 24M users.
Product distribution strategy: Direct to Consumer (B2C) & Direct to Business (B2B)
HQ: New York City, New York
Founded: February 2011
Website:manilla.com
Twitter: @manilla
Presenting Christopher Victory (VP, Business Development) and Jim Sullivan (Director, Business Development)
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The full demo video will be available at Finovate.com in mid-September.

BizEquity Takes on the Business Valuation Market

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

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Next, BizEquity demonstrated how it helps businesses discover, manage, and optimize their value:
“There are more than 28M business owners in the US – 75% don’t know what they are worth and 50% are under-insured. The market for business valuation is a $2.8B dollar market, with 99.7% being conducted offline at $8,000 per report and taking up to 6 weeks.  
BizEquity has revolutionized the market by putting it online helping to enable more businesses to discover-manage-and optimize their value. BizEquity helps every financial institution help business owners better understand their value and what they can do to better protect themselves.”
Product Launch: July 2012
Metrics: With more than 50,000 users & over 12 private label channel partners to date, 60 patents & inventions filed, 2 patents granted already, & over 3 years of technology development & $7M invested into building the system, BizEquity has become the first & leading cloud-based business valuation service.
Product distribution strategy: Direct to Businesses online at BizEquity.com and indirect via the channel and private label agreements with leading financial and data institutions.
HQ: Wayne, Pennsylvania
Founded: May 2010
Product Demoed: BizEquity Valuation Engine and VaaS™ Cloud Service
Website: bizequity.com
Presenting Michael Carter (CEO) and Semyon Fishman (VP Product Engineering)

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The full demo video will be available at finovate.com in mid-September.

Guide Financial Provides Affordable Personal Money Mentorship with Savings Scan

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

Guide Financial is next up to the stage. The company’s technology brings affordable financial guidance to the 70% of Americans that don’t have access to it.

“Guide’s Savings Scan automatically analyzes users’ finances to find savings in multiple areas and provides step-by-step guidance to help users easily capture these savings.
We will demonstrate how Guide’s technology works for mortgage refinancing, as it helps users make smart choices for every major savings opportunity – from picking the perfect loan type through to paying less on closing costs.”
Product Launch: November 2012
Metrics: $500,000 raised; 4 employees; average savings of $7,000 per user
Product distribution strategy: Direct to Consumer (B2C) & through other fintech companies and platforms
HQ: San Francisco, California
Founded: November 2012
Twitter: @GuideFinancial
Presenting Uri Pomerantz (Co-Founder & CEO) and Scott Burns (Co-Founder)

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The full demo video will be available at Finovate.com in mid-September.

CR2’s BankWorld Helps FIs Engage the Right Customer on the Right Channel

CR2high-res.jpgThis post is part of our live coverage of FinovateFall 2013.

CR2 is making its way to the stage right now. The company is demoing its BankWorld ATM Studio.

“CR2 brings an innovative perspective to the ATM channel through a never seen before touchscreen interface inspired by kiosk and mobile practices. With CR2’s BankWorld, ATMs become interactive, promote cross-selling, and provide a unique, tailored customer experience.”
Product Launch: September 2013
Metrics: Over 100 banks in 60 countries have adapted CR2’s solutions. CR2 has a network of well-established offices strategically located in 6 countries: Ireland, Australia, India, South Africa, UAE, and Jordan with 180 employees.
Product distribution strategy: Direct to Business (B2B) & licensed
HQ: Dublin, Ireland
Founded: 1997
Website: CR2.com
Twitter: @CR2_Ltd
Presenting Lance Gourlay (CR2 Regional Director), Patrick Simons (Principal Consultant), and Eugene Podzorov (CR2 ATM Expert)

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The full demo video will be available at Finovate.com in mid-September.

FinanceIt’s New iPad App Gives Borrowers Instant Loan Approval at the Point-of-Sale

This post is part of our live coverage of FinovateFall 2013.
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FinanceIt demonstrated how its technology provides consumer financing at the point-of-sale:
“FinanceIt iPad App with ID scan instant approvals and borrower facing online application form that merchant Partners can embed anywhere.”
Product Launch: January 2011
Metrics: FinanceIt has over 2,500 merchant partners who have processed over $400M in loan volume since launch. There are currently 40 employees and we have raised $8M. We are closing a $10M to $13M US expansion round this year.
Product distribution strategy: SEO, SEM, Trade Advertising, Partnerships, Sales, Business Development, & PR
HQ: Toronto, ON, Canada
Founded: January 2011
Website: financeit.ca
Presenting Michael Garrity (CEO), Casper Wong (COO), and Paul Sehr (CTO)
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The full demo video will be available at finovate.com in mid-September.

AuthenticID’s PictureID Heralds the End of ID Fraud

Thumbnail image for authenticIDLogo.jpgThis post is part of our live coverage of FinovateFall 2013.

Our next presenter is authenticID, demoing their identity proofing solution, pictureID.
“authenticID’s identity authentication solution, pictureID annihilates ID fraud. It is the only system that’s invulnerable to fraud schemes. Our unique agreements allow pictureID to connect directly with document issuers in the U.S. and Canada. This allows companies to go directly to the source for identity authentication. 
Unlike current identity proofing providers – we don’t ‘guess.’ We provide absolute confirmation since document issuers records are unique to every citizen. There’s no way to trick pictureID – it returns a picture of the real consumer on file with the document issuer – with 100% accuracy.”
Product Launch: May 14, 2013
Metrics: Over $1M pledged; installed in nuclear facilities, either in or starting proof of concept with a major U.S. telecom, retailer, and a top 5 bank.
Product distribution strategy: Direct to Business (B2B) & through other fintech companies and platforms.
HQ: Atlanta, Georgia
Founded: January 2012
Twitter: @authenticID
Presenting Blair Cohen (CEO), Karl Perman (VP Business Development)

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The full demo video will be available at Finovate.com in mid-September.

Build Your Own Branded App Store with MarketMaker from SaaS Markets

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

Up next is SaaS Markets. The enterprise app store company has developed a platform that allows FIs to build, brand, and launch their app store in weeks rather than months.

“SaaS Market’s 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.”
Product Launch: January 2013
Metrics: Funding $3.5M (private) & 20+ employees in US and Europe
Product distribution strategy: Direct to Business (B2B) & through financial institutions
HQ: San Mateo, California
Founded: November 2011
Twitter: @SaaSMarkets
Presenting Ferdi Roberts (CEO & Founder) and Cameron Ministri (Enterprise Sales Manager)
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The full demo video will be available at Finovate.com in mid-September.

Instabank Debuts Mobile-Only Bank

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

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Next, Instabank demonstrated the capabilities of its mobile-only bank:
“Instabank is a mobile-only bank. Instabank’s main goals are to: Help people enjoy the simplicity of managing their bank account, bring the social aspect into the area of personal finance, unlock viral growth in user acquisition, and become the Dropbox of retail banking. 
Key features: Real-time activity stream, add comments, photos, and Foursquare venues to purchases, send money to Facebook friends, send money to nearby Instabank users, up to 10% APR for checking accounts, ATM map showing distance to nearest free ATM, bill pay, share purchases on Facebook, search purchases using keywords, split a bill with friends, design your own debit card using Instagram photos, and PFM with expense category statistics and analytics.”
Product Launch: April 2013
Metrics: Thousands of users a few months after launch.
Product distribution strategy: Direct to Consumer (B2C) & Direct to Business (B2B)
HQ: Prague, Czech Republic
Founded: August 2012
Website: instabank.eu
Twitter: @instabankru

Presenting Roman Potemkin (Co-Founder & CEO) and Alexey Shelestenko (Head of Marketing)

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The full demo video will be available at finovate.com in mid-September.

StrategyCorps’ BaZing Helps Financial Institutions Bring in Fee Income from Checking Accounts

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

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Next, StrategyCorps demonstrated its BaZing solution:
“Every financial institution needs more fee income. The challenge is how to get more without ticking off customers. Thoughtlessly slapping a new fee on an existing traditional service isn’t the answer (remember the $5 debit card fee debacle). BaZing, through its mobile and online delivery platforms, smartly provides consumer-demanded benefits so relevant and appealing, customers gladly pay for it. 
How much? On average, about one-third of your consumer checking relationships will pay nearly $75 per year. BaZing brings customer-friendly, non-overdraft related fee income like no other retail banking service. BaZing is the new cha-ching!”

Product Launch: April 2012
Metrics: 43 FTE employees, 1M full fee paying users, 350,000 partial fee paying users, & 200 financial institution clients
Product distribution strategy: Through financial institutions & through other fintech companies and platforms
HQ: Brentwood, TN
Founded: November 2001
Twitter: @StrategyCorps
Presenting Mike Branton (Managing Partner) and Dave DeFazio (Partner)
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The full demo video will be available at finovate.com in mid-September.

Yodlee Debuts TANDEM to Help Groups Manage and Discuss Shared Finances

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

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Yodlee took the stage next to debut its new TANDEM product:
“When it comes to finances, where you stand depends on which “hat” you’re wearing. Most people have several “shared finances” in their life. Elderly parents. Spouses. Children. Friends. Now, through a single app, you can manage them all. Yodlee created TANDEM to enable safe and meaningful dialogue about finances between individuals and among groups. 
With its unique tools to access, learn, manage, project, and control, TANDEM empowers you to make financial decisions as a family, a couple, a group, or a parent.  And making financial decisions has never been more rewarding or more actionable. Close, Closer, Closest. Regardless of the relationship(s), you get one app, different views, full financial control.”
Product Launch: September 2013
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
Founded: February 1999
Website: yodlee.com
Twitter: @yodlee
Presenting Anil Arora (President & CEO) and Katy Gibson (VP Applications)
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The full demo video will be available at finovate.com in mid-September.

Capital Access Network Launches “Mobile Funder” Tool

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

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Capital Access Network launched Mobile Funder:
Mobile Funder is a tablet-based tool enabling time-starved, “on the move” financial sales/ISO representatives selling alternative capital to small businesses with the ability to complete their sales process in one visit. 
Mobile Funder empowers reps to securely pre-qualify prospects, authorize credit checks, propose multiple finance options and submit applications in minutes, eliminating paper applications and the need for multiple visits. The result: This all-in-one tool gives small business finance reps the power to close more deals and deliver capital faster.”
  
Product Launch: September 2013
Metrics: CAN has helped small businesses access $3B+ in over 120,000 transactions. CAN operates with 425 employees in 4 locations. CAN secured $30M in venture funding from Accel Partners in 2012 and expanded its credit line by $165M in May 2013, bringing its total line to nearly $500M.
Product distribution strategy: Direct to Business (B2B)
HQ: New York, NY
Founded: 1998
Twitter: @CANCapital
Presenting Daniel DeMeo (CEO) and Brent Harrison (Director of Marketing, Alliance & Partnerships)
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The full demo video will be available at finovate.com in mid-September.