Blog - Page 913 of 1240

AnalytixInsight Launches its Financial Research Portal, Capital Cube

By David Penn Posted on February 11, 2014
Categories: AnalytixInsight, FinovateEurope 2014

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

Next up to the stage is AnalytixInsight, demoing its online financial research and content portal, Capital Cube.

“AnalytixInsight and CapitalCube launches their newest product – Fundamental ETF analysis. The ETF analysis provides unique fundamental research of an ETF based on the analysis and risk assessment of the daily changing underlying compositions. This enables investors to easily discern the fundamental risk and characteristics of each ETF, especially with respect to other ETF alternatives available to them. The service is intended to address the till-now unmet need of fundamental analysis of each ETF globally.”

Presenting Chaith Kondragunta (CEO)

Product Launch: February 2014

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

HQ: New York, NY, USA

Founded: June 2010

Website: capitalcube.com

Twitter: @capitalcube

Share this:

Send Post Twitter LinkedIn Facebook

Red Zebra Analytics’ Bank Offers Tool Benefits Consumers, Merchants, and Retail Banks

By David Penn Posted on February 11, 2014
Categories: FinovateEurope 2014, Red Zebra

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

Demoing their Bank Offers Tool, here is the team from Red Zebra Analytics.

“Red Zebra Analytics is a company that has created a new type of loyalty program. An online and mobile offers platform for banks, it allows merchants to place targeted offers on the online banking experience, also accessible through mobile devices. The product is first launched in 2014 with Wuestenrot Bank AG Pfandbriefbank, Ludwigsburg, Germany.”

Presenting Attul Sehgal (CEO) and Ina Meixner (Marketing Manager, Europe)

Product Launch: January 2014

Metrics: Money raised: £1.6 million, employees: 10

Product distribution strategy: Through financial institutions

HQ: London, UK

Founded: August 2011

Website: redzebra-analytics.com

Share this:

Send Post Twitter LinkedIn Facebook

Atsora Introduces Momentum to Help Move SMEs to the Bank 3.0 World

By David Penn Posted on February 11, 2014
Categories: Atsora, FinovateEurope 2014

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

Our next innovator is Atsora from Warsaw, Poland.

“Momentum is a software placed between SME and Bank. One, integrated online and mobile application is used of planning business models and monitoring the cash flow and growth based on financial data. Users can easily share selected information with the Bank in order to get tailor-made offers and on-time support. The SME receives a complimentary set of functionality helping with cash flow and business model planning, cost optimization, and client profitability management.

Everything seamlessly integrates with bank accounts, providing a real-time view on business. The Bank in turn gets better insight and can deliver the products exactly as needed. We support all phases of the SME lifecycle in order to improve cross selling and proactively manage retention.”

Presenting Krzysztof Pulkiewicz (CTO) and Anna Ciesielska (COO)

Product Launch: December 2013

Metrics: Less than 10 employees; backed up by VC

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

HQ: Warsaw, Poland

Founded: December 2013

Website: atsora.com

Twitter: @AtsoraTeam

Share this:

Send Post Twitter LinkedIn Facebook

Jumio’s Netverify and Netswipe Solutions Help Reduce Security Woes

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

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

Starting off the second session today, Jumio demonstrated how two solutions: Netverify and Netswipe offer increased security:

“Netverify offers real-time ID verification of passports, driver licenses, government issued ID cards, utility bills, insurance cards, and bank statements. This cutting edge technology is used by financial institutions, e-tailers, and consumer marketplaces to meet know-your-customer industry regulations, reduce fraud and chargeback costs in purchase transactions, and enhance trust and safety in online communities.

Netswipe supports real-time credit card scanning and validation in online and mobile checkouts. By eliminating the need to have consumers engage in laborious and error-prone key entry, our clients enjoy higher transaction completion rates, increased revenue, and reduced fraud and chargeback.”

Presenting David Pope (Marketing Director EMEA) and John McIntosh (Sales Engineer)

Product Launch: 2012

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

HQ: Palo Alto, CA, USA

Founded: 2010

Website: jumio.com

Twitter: @jumio

Share this:

Send Post Twitter LinkedIn Facebook

Momentum’s Money Hub Puts the Consumer at the Center of their Financial World

By David Penn Posted on February 11, 2014
Categories: FinovateEurope 2014, Momentum

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

Our final demonstration before the morning break features Momentum (FKA YourWealth).

“Money Hub technology is one of the world’s most powerful personal finance tools and is available via mobile, tablet, and desktop devices. It brings together a user’s entire financial world and incorporates the ability to aggregate accounts, budget, track and plan scenarios for the future as well as access to financial products and advice.

Money Hub gives users total control, allowing them to connect directly with a product provider or financial advisor and select which areas of their financial universe they wish to share with them. We believe Money Hub will revolutionize the world of personal finance.”

Presenting Toby Hughes (CEO) and Dave Tonge (CTO)

Product Launch: July 2013

Metrics: Blue Speck Financial owns and operates Momentum, and currently employs 18 people. We completed a round of angel funding in February 2013. Momentum has serviced more than half a million users since soft launch in 2013.

Product distribution strategy: Direct to Consumer (B2C), Direct to Business (B2B), through financial institutions, licensed

HQ: Bristol, UK

Founded: January 2011

Website: Momentum.co.uk

Share this:

Send Post Twitter LinkedIn Facebook

Kofax’s Mobile Capture Technology Unlocks Many Opportunities to Banks

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

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

Then, Kofax demonstrated how its mobile capture technology can be used for everything from account opening to check depositing:

“Kofax is demonstrating how banks can enable customers’ mobile phones to capture documents in support of the onboarding and check deposit process. Customers are prompted to take a picture of a document and submit information, which is automatically extracted, validated for accuracy, and then utilized in the decision process. Kofax® is demonstrating how to engage the customer via the mobile device and allow the customer the ability to interact to open a new account, apply for loans, and deposit cheques with the snap of a photo.”

Presenting Drew Hyatt, SVP Mobile Applications

Product Launch: February 2014

Metrics: Subsidiaries in 30 countries, >1,200 employees, 800+ channel partners, products available in 70+ countries, 20,000+ customers, London Stock Exchange & NASDAQ: KFX, $266.3M in revenue, $46.3M adjusted EBITA, $93.4M cash

HQ: Irvine, CA, USA

Founded: 1985

Website: kofax.com

Twitter: @Kofax

Share this:

Send Post Twitter LinkedIn Facebook

AdviceGames Launches Virtual Guardian Angel Platform to Give Banks, Insurers, and IFAs Tools to Serve the Market

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

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

Next up, AdviceGames debuted a Virtual Guardian Angel for financial advisors:

“AdviceGames develops the World’s first Virtual Guardian (Advisors) Angel, namely – an intelligent Financial Experience Cloud Platform (FECP). This platform offers two high end services which gives Banks, Insurers and IFAs the tools they require to once again successfully serve these markets.

Firstly it offers the World’s first academic and interactive omnichannel performance monitor – the NIFA (National Index for Financial Advice) Suite. Secondly the VGA offers an online loyalty store, which provides a cloud-based angel offering designed to improve consumer experience leading to breakthrough customer loyalty.”

Presenting Diederick Van Thiel (CEO) and Rosali Steenkamer (COO)

Product Launch: February 11, 2014

Metrics: In 2013 we sold eyeOpen to Aegon/Transamerica. The buyout fee is being invested into AdviceGames to develop the virtual guardian angel for the Dutch, UK and US markets. We run offices in Amsterdam, London and San Francisco

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

HQ: Amsterdam, The Netherlands

Founded: December 24, 2013

Website: advicegames.com

Share this:

Send Post Twitter LinkedIn Facebook

EXCESS RETURN Launches its Next Generation Investment Tool, SCREENER/REPORT

By David Penn Posted on February 11, 2014
Categories: EXCESS RETURN, FinovateEurope 2014

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

Our next innovator is EXCESS RETURN with their investment innovation SCREENER/REPORT.

“EXCESS RETURN develops next generation investment tools for the financial community. SCREENER/REPORT is an automatic tool that brings an immediate and crystal clear diagnosis of a trading opportunity.

SCREENER – Open the trading ideas box. Find the most promising stocks thanks to our SCREENER mode.

REPORT – Buy? Hold? Sell? Easy to use decision tool, our REPORT module.”

Presenting Frederic Lieferinckx (Founder) and Erik Laeremans (Web Designer & Developer)

Product Launch: February 2014

Metrics: Company Ownership: private, self-funded; Employees: 2 founders (financial analysts) and 3 IT engineers. To date, we’ve contracted large accounts (online brokers, banks, and media groups) and hundreds of thousands of users use our applications. EXCESS RETURN is targeting a total revenue of €2.5 million for 2014. The company didn’t raise any money yet and the shareholders are still the same (the 2 founders).

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

HQ: Brussels, Belgium

Founded: October 2011

Website: xsreturn.com

Share this:

Send Post Twitter LinkedIn Facebook

Trustev Retail Decision Brings Real-time Verification to Across the Counter Transactions

By David Penn Posted on February 11, 2014
Categories: FinovateEurope 2014, Trustev

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

Making their way to the stage now are the co-founders of Trustev, presenting Trustev Retail Decision.

“Trustev Retail Decision (Trustev RD) provides real-time verification of customer identities in a physical retail location where across the counter sales are occurring. A software solution that runs on tablets, the product allows in store staff to verify customer identities, without requiring customers to produce masses of paperwork. Developed initially for the Retail Telecom sector, the product has been adapted for other industries.”

Presenting Pat Phelan (CEO & Co-Founder) and Chris Kennedy (CTO & Co-Founder)

Product Launch: February 2014

Metrics: Founded in early 2013, Trustev currently employs 15 at its HQ in Cork, Ireland and recently opened a Sales Office in New York. In late 2013, Trustev announced one of Europe’s largest ever seed rounds when it raised $3.5 million from a mix of international funds – a huge achievement for a company less than a year old. In August 2013, Trustev was named Europe’s Top Technology Startup by the European Commission. The company currently processes in excess of 250,000 records every single day.

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

HQ: Cork, Ireland

Founded: May 2013

Website: trustev.com

Twitter: @trustev

Share this:

Send Post Twitter LinkedIn Facebook

Avoka Debuts its Multi-Channel, Digital Online Business Platform, Avoka Transact

By David Penn Posted on February 11, 2014
Categories: Avoka, FinovateEurope 2014

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

Heading toward the mid-morning break, our next demoing company is Australia-based Avoka, with Avoka Transact.

Avoka Transact, a multi-channel digital business platform, delivers a complete transaction experience that goes beyond ‘online forms’. Avoka Transact:

Gives your customers the tools and convenience of moving seamlessly between devices and channels when completing a single transaction.

Transforms enterprise-level form-based transactions from account opening, loan applications, and claims in to cross-channel forms available on smartphones, tablets, and desktop computers.

Supports your customers with both self-service and assisted channels such as in-branch, call centers, and mobile sales staff.

Presenting Derek Corcoran (Head of Business Solutions) and Kevin Mortimer (Technical Director)

Product Launch: March 2014

Metrics: Over 100 employees, offices in Australia, USA, and UK, tier 1 & 2 Financial services clients, government clients in USA, UK, and Australia, industry leading NPS score (+41)

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

HQ: Sydney, Australia

Founded: January 2002

Website: avoka.com

Twitter: @avokatech

Share this:

Send Post Twitter LinkedIn Facebook

Pixeliris’ Copsonic Enables P2P Transactions

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

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

Then, Pixeliris took the stage to demo how its Copsonic can work with P2P Transactions:

“How they describe their product/innovation: 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 allows peer-to-peer transactions between feature phones and smartphones but also enables online passwordless authentication turning the devices into security dongles.

We developed an SDK that allows third-party companies to integrate the modules and, therefore, create a business model based on transaction fees or licenses.”

Presenting Christian Ruiz (Sales Manager) and Emmanuel Ruiz (CEO & Head of Innovation)

Product Launch: September 2013

Metrics: €210,000 in capital, 11 employees in France, 120 engineers around the world

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

HQ: Montauban, France

Founded: April 1989

Website: copsonic.com

Share this:

Send Post Twitter LinkedIn Facebook

Device Ident’s Fraud Manager Leverages Machine Learning to Protect Online Transactions

By David Penn Posted on February 11, 2014
Categories: Device Ident, FinovateEurope 2014

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

Our second presenter of the day is Device Ident, providing self-developed anti-fraud solutions ranging from device-fingerprinting to behavioral analytics.

“Fraud Manager is a sophisticated software solution to identify and analyze fraud within online transactions. The software can be used to recognize and find new fraud patterns within your e-commerce and financial services business.”

Presenting Felix Eckhardt (CTO) and Roberto Valerio (CEO)

Product Launch: February 2014

Metrics: Series A Financing by the Otto Group, Europe’s second largest online retailer; more than 20 clients out of the Top 250 online retail industry

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

HQ: Hamburg, Germany

Founded: 2013

Website: deviceident.com

Twitter: @deviceident

Share this:

Send Post Twitter LinkedIn Facebook