“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.”
i-exceed technology solutions Presents Appzillon, a Next Generation Mobile App Development Platform
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.”
Mistral Mobile Presents its Money Mobility Suite for Mobile Financial Services
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.
Advanced Merchant Payments Debuts Its Small Business Lending Solution
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.”
Yodlee Launches Tandem App Internationally
Next, 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.”
Pixeliris’ CopSonic Uses Sonic Communication to Create a Universal, Contactless 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.”
SaaS Markets Presents the MarketMaker Enterprise App Store Platform
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.”
Kofax’s Solution Uses Multiple Channels to Enhance 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.”
Payoneer’s Commercial Account Gives Businesses and Individuals Global Access to Their Funds
“The Payoneer commercial account offers businesses and individuals worldwide the ability to receive funds from a global network of corporate companies. Account holders have a variety of tools to access their funds, including low cost withdrawals to bank accounts worldwide, a Prepaid Debit MasterCard card that enables instant spending and ATM access, and options to transfer funds to local eWallets in select countries.The account can be managed from the Payoneer website or from a mobile application. Registration for the account is available via Payoneer’s website or directly from the website of companies that form the Payoneer commercial funds transfer network.”
LifePAD Pledges a Personal Online Bank Manager in Every Tablet
This post is part of our live coverage of FinovateAsia 2013.
Our next presenter is Moscow-based LifePAD.
“LifePAD gives every customer an opportunity to have a personal online bank manager in his tablet that can be reached with any question 24/7.”
Product Launch: January 10, 2013
Matchi Debuts its Global Innovation Community
“A global community innovation platform for the financial services industry that offers market ready banking innovations from across the globe and collaboration opportunities that have the potential to save the banks millions of dollars in development costs.”
Red Zebra Analytics Presents its Analytics Engine to Boost Customer Engagement
This post is part of our live coverage of FinovateAsia 2013.
The first presentation of FinovateAsia 2013 is about to begin. Red Zebra Analytics are coming to the stage right now to demo the Red Zebra Analytics Engine.
“Suitable for any banking system, the Red Zebra Analytics platform is secure, fast, flexible and highly cost efficient. It maps consumer purchase behavior in detail, yet keeps the data entirely safe, with no individual customer identification ever leaving the bank. Retailers pay to upload campaigns via a simple interface while state-of-the-art predictive analytics deliver the right offer to the right customer at the right time and through the right channel. And for bank customers, it’s a way to save money on things they actually want.”