Kabbage Launches QuickBooks Financing Integration

By Julie Muhn (@julieschicktanz) Posted on
Categories: FinovateSpring 2013, Kabbage
This is a part of our live coverage of FinovateSpring 2013.

KabbageLogo.jpg

Next, Kabbage took the stage to demo how it uses QuickBooks data to underwrite small business loans:

“Kabbage has partnered with Intuit to provide simple and easy access to funding for QuickBooks customers. Kabbage is the first company on Intuit’s QuickBooks Financing Platform to underwrite customers solely based on QuickBooks data. With Kabbage, customers receive instant approvals; funds can be available within minutes when they use PayPal to receive funding.”


Product Launch: May 2013
HQ: Atlanta, GA
Founded: February 2009
Metrics: $56M in equity funding; $93M in debt funding in two rounds; 95 employees; more than 100,000 accounts
Website: kabbage.com
Twitter: @kabbageinc
Presenting Marc Gorlin (Chairman) and Rich Preece (Director, QuickBooks – Intuit)

IMG_1835.JPG
IMG_1837.JPG

Share this:

Send Post Twitter LinkedIn Facebook

Nice Showcases How Mobile Reach Personalizes the Customer Experience

By Julie Muhn (@julieschicktanz) Posted on
Categories: FinovateSpring 2013, NICE Systems
This is a part of our live coverage of FinovateSpring 2013.

NICEHiLogo.jpg

Next up in the second session today, NICE demonstrated how financial institutions can use Mobile Reach to create a personalized customer experience:
“Mobile Reach converges mobile self-service and assisted-service to create the most personalized, effective, and efficient channel. It offers:
        • ENGAGE: Intelligently finding engagement opportunities in self-service and directing customers to the best next step just at the right time.
        • CONNECT: If needed, seamlessly connecting customers directly to the right agent, bypassing the IVR and transferring the context from the device to the agent desktop.
        • COLLABORATE: Expanding customer interactions using multimedia collaboration tools (sending text, images, etc.).
Customers get the ultimate customer experience – as personalized, relevant, and as effective as possible.
Companies get more business, lower service costs, and higher mobile use.”
Product Launch: April 2012
HQ: Paramus, NJ; Raanana, Israel
Founded: 1986
Metrics: 2012 annual non-GAAP total revenues: $892M. More than 3,400 employees in 35+ local offices across the globe.
Twitter: @NICE_Systems
Presenting Amit Ashman (Director, Solutions Marketing, Mobile Customer Service) and Bruce Plummer (Manager, Sales Engineering)

IMG_1829.JPG
IMG_1831.JPG

Share this:

Send Post Twitter LinkedIn Facebook

AuthenticID Launches PictureID to Beat Identity Fraud

By David Penn Posted on
Categories: authenticID, FinovateSpring 2013

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

Representatives from AuthenticID are making their way to the stage. The company is launching its latest authentication solution, pictureID.
“AuthenticID’s identity authentication solution, pictureID, annihilates ID fraud. It is the only system that’s invulnerable to fraud schemes. Our unique agreement with DHS allows pictureID to connect with all document issuers in the U.S. and Canada. This enables financial institutions and telecoms to go directly to the source for identity authentication. Unlike identity data analytic providers – we don’t ‘guess.’ We provide absolute ID 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 Launched: May 2013
HQ Location: Atlanta, GA
Company Founded: January 2012
Metrics: self-funded/pre-revenue; 3 full-time employees and outsourced development teams
Website: authentic.co
Twitter: @AuthenticID
Presenting Blair Cohen (CEO & Founder) and Brian Rossignol (CISO)

IMG_1820.JPG
IMG_1822.JPG

Share this:

Send Post Twitter LinkedIn Facebook

GoodApril Provides 365 Days of Online Tax Advice, Guidance, and Planning

By David Penn Posted on
Categories: FinovateSpring 2013, GoodApril

Thumbnail image for Thumbnail image for GoodAprilLogo.jpgThis post is part of our coverage of FinovateSpring 2013.

Next up to the stage is GoodApril, with a personal finance management approach to online tax planning.
“Today, GoodApril is unveiling its next-generation, automated tax monitoring solution for consumers.
GoodApril’s online Tax Checkup analyzes your 2012 tax return to identify tax savings opportunities for the year ahead. We also forecast how much more you will owe in taxes as a result of the 7 major tax rules changes included in the Fiscal Cliff tax bill and the Affordable Care Act.”
Product Launched: March 2013
HQ Location: San Francisco
Company Founded: January 2013
Metrics: 3 employees
Website: goodapril.com
Twitter: @goodapril
Presenting Benny Joseph (Founder) and Mitch Fox (Co-Founder)

IMG_1808.JPG
IMG_1811.JPG

Share this:

Send Post Twitter LinkedIn Facebook

Wallaby Financial Launches its Cloud-Based Wallet, Intelligent Credit Card Combo

By David Penn Posted on
Categories: FinovateSpring 2013, Wallaby Financial

Thumbnail image for Wallaby_logo.jpgThis post is part of our coverage of FinovateSpring 2013.

Starting off the second session here on the first day of FinovateSpring 2013 is Wallaby, empowering mobile commerce with an e-wallet/card combination.
“We will demonstrate the new Wallaby Wallet Boost. This makes it easy for consumers to build the ideal mix of credit cards for their particular needs. Wallet Boost extends the power of the patent-pending Wallaby Engine. Wallet Boost delivers intelligent, real-time credit card recommendations to help consumers identify the optimal collection of credit cards that will earn them the most rewards, cash back, or help reduce interest. Consumers add current credit card accounts to Wallet Boost, which scans recent past transactions, and produces a customized recommendation on which cards the user should acquire to maximize their financial goals.”
Product Launched: May 2013
HQ Location: Pasadena, CA
Company Founded: August 2011
Metrics: $1.5 million raised; 9 employees; 25,000+ registered users
Website: walla.by
Twitter: @wallabycard
Presenting Matthew Goldman (CEO & Co-Founder) and Todd Zino (CTO & Co-Founder)

IMG_1802.JPG
IMG_1806.JPG

Share this:

Send Post Twitter LinkedIn Facebook

Building a Better Bitcoin? OpenCoin Launches Ripple

By David Penn Posted on
Categories: FinovateSpring 2013, OpenCoin

ripplelogo1.jpgThis post is part of our live coverage of FinovateSpring 2013.

Finishing up the first session of the day is OpenCoin, developers of the world’s first open source payment network, Ripple.
“At its core, Ripple is a distributed global ledger that creates a distributed open source payment network and the world’s first distributed currency exchange. Ripple solves the double spend problem through a process of consensus rather than Bitcoin’s concept of mining. Ripple furthers the Bitcoin mission with faster transactions (confirming in seconds, not minutes) and a multi-currency design that allows for any currency to be traded within its exchange. In fact, Ripple is so versatile, it’s the best place to hold and use Bitcoins.”
Product Launched: February 2013
HQ Location: San Francisco, CA
Company Founded: September 2012
Website: ripple.com
Twitter: @Ripple
Presenting Chris Larsen (CEO) and Jed McCaleb (CTO)

IMG_1793.JPG
IMG_1801.JPG

Share this:

Send Post Twitter LinkedIn Facebook

MicroStrategy Unveils Usher to Take Online Banking Beyond Usernames and Passwords

By David Penn Posted on
Categories: FinovateSpring 2013, MicroStrategy

Thumbnail image for MicroStrategy.jpgThis post is part of our live coverage of FinovateSpring 2013.

The next presentation is from MicroStrategy, whose product Usher helps FIs provide digital credentials to their customers, replacing a variety of more cumbersome authentication measures.
“Usher is the world’s first mobile identity network and is the foundation for an extraordinary array of identity-based services. Usher enables enterprises to protect personal identity, reduce fraud, and streamline business processes, avoiding billions of dollars in costs while improving customer experience.
With Usher, financial institutions can render digital credentials on mobile devices, enabling them to eliminate usernames and passwords for online banking, validate identity instantly over the phone, replace plastic cards with mobile IDs, and more.”
Product Launched: May 2013
HQ Location: Tysons Corner, VA
Company Founded: 1989
Metrics: 3,200+ employees; 4,000 customers; operating in 26 countries; NASDAQ: MSTR
Twitter: @microstrategy
Presenting Randall Hechinger (Director, Global Sales, Usher) and Stephen Bruggers (VP Financial Services Solutions)

IMG_1783.JPG
IMG_1789.JPG

Share this:

Send Post Twitter LinkedIn Facebook

P2BInvestor Reimagines Business Lending by Combining Crowdfunding with Receivables Financing

By David Penn Posted on
Categories: FinovateSpring 2013, P2BInvestor

Thumbnail image for P2BiLogo.jpgThis post is part of our live coverage of FinovateSpring 2013.

Coming to the stage next is e-commerce innovator, P2BInvestor, a web-based, crowdfunded, receivables finance company.
“P2BInvestor has created a platform that allows investors to buy into a portfolio of business receivables and earn good returns. We give investors the ability to examine underwriting information about clients and choose which receivable portfolio to buy into. Investors own a percentage of every invoice in a portfolio, and earn their returns in cash every month. Investors can liquidate part or all of their portfolios without fees with 60 days notice.”
Product Launched: May 2013
HQ Location: Louisville, CO
Company Founded: February 2012
Metrics: $250,000 raised; 5 employees; 207 registered users
Website: p2bi.com
Twitter: @p2binvestor
Presenting Krista Morgan (CMO & Co-Founder) and Clay McIlrath (CTO)

IMG_1767.JPG
IMG_1770.JPG

Share this:

Send Post Twitter LinkedIn Facebook

FIS Launches its Cloud-Based Mobile Wallet Platform with Cardless Cash Access

By David Penn Posted on
Categories: FinovateSpring 2013, FIS

FISLogo.jpgThis post is part of our live coverage of FinovateSpring 2013.

Mobile banking veterans FIS are now coming to the stage to unveil their new mobile wallet.
“The FIS Mobile Wallet is a cloud-based platform that gives financial institutions control of the branding and user experience within the application. As a fully enabled commerce solution, customers can add debit, credit, stored value and loyalty cards, as well as redeem mobile coupons and targets offers and pay bills. All credentials are stored securely in the cloud, not on the phone.
Cardless Cash Access allows users to make cash withdrawals at an ATM using only their smartphone. Authentication, account selection and amount selection all occur through the mobile app and a QR code is scanned to complete the transaction.”

Product Launched: May 2013

HQ Location: Jacksonville, Florida
Company Founded: January 1968
Metrics: More than 20 million mobile users; serves more than 14,000 institutions in more than 100 countries
Website: fisglobal.com
Twitter: @FISGlobal
Presenting Douglas Brown (SVP & GM, FIS Mobile) and Chris Gardner (Co-Founder, Paydiant)

IMG_1764.JPG
IMG_1765.JPG

Share this:

Send Post Twitter LinkedIn Facebook

Quantopian Launches Live Trading from its Browser-Based Algoritmic Platform

By David Penn Posted on
Categories: FinovateSpring 2013, Quantopian

Thumbnail image for QuantopianLogo.jpgThis post is part of our live coverage of FinovateSpring 2013.

Quantitative traders and investors! Start your algorithms! Quantopian Live Trading has landed.
“Quantopian Live Trading allows quants to trade on their algorithms directly from the Quantopian platform using only their browsers. Native to the cloud, Quantopian Live Trading combines historical data, algorithm simulation, external and live market data, brokerage integration, and algorithm development into a seamless, browser-only workflow.
Algorithms can go from historical backtesting to simulated real-time trading to live trading with the click of a button.”
Product Launched: May 2013
HQ Location: Boston, MA
Company Founded: June 2011
Metrics: $2.1 million in funding; 6 employees
Twitter: @quantopian
Presenting John Fawcett (CEO & Founder) and Jean Bredeche (CTO & Founder)

IMG_1750.JPG
IMG_1752.JPG

Share this:

Send Post Twitter LinkedIn Facebook

Narrative Science Unveils Quill Portfolio Solutions

By Julie Muhn (@julieschicktanz) Posted on
Categories: FinovateSpring 2013, Narrative Science
This is a part of our live coverage of FinovateSpring 2013.

NarrativeScienceLogo2.jpg

Fourth up on stage today, Narrative Science showcased Quill Financial Services:
“Narrative Science presents Quill for Financial Services, a suite of solutions that enables financial institutions to automatically analyze, interpret and gain human insight from data at a speed and scale never before possible.
    • A leading credit analytics firm is leveraging Quill to transform its data and risk assessment models into an investment report that combines both text and visualizations.
    • Quill is automatically creating attribution summaries that provide internal stakeholders and their clients with insight into the reasons behind portfolio performance.
    • Quill is creating personalized portfolio reviews for financial advisors and their clients. Advisors get the talking points they need for client conversations while their clients get clearly written account performance summaries.”
Product Launch: Quill Investment Research: Fall 2012, Quill Portfolio Solutions: Summer 2013
HQ: Chicago, IL
Founded: January 2010
Twitter: @narrativesci
Presenting Kris Hammond (CTO) and Katy De Leon (Director, Marketing)

IMG_1742.JPG
IMG_1744.JPG

Share this:

Send Post Twitter LinkedIn Facebook

TrustEgg Helps Parents (and Family and Friends) Save and Invest for Kids

By David Penn Posted on
Categories: FinovateSpring 2013, Trust Egg

Thumbnail image for TrustEggLogo.jpgThis post is part of our live coverage of FinovateSpring 2013.

Reminding us that preparing for a child’s future is a critical part of parenting, here’s TrustEgg with some ideas on planning for the financial side of that future:
“TrustEgg is the simple way to save for a child’s future. TrustEgg enables parents to create a Trust for their child in minutes for free. Parents can invite family and friends to make contributions. The Trust Fund is invested with Vanguard and earns a market rate of return until the child turns 18.”
Product Launched: February 14, 2013
HQ Location: San Diego, CA
Company Founded: January 1, 2011
Website: trustegg.com
Twittter: @trustegg
Presenting Jeffrey Brice (CEO) and John Zdanowski (CFO & COO)

IMG_1721.JPG
IMG_1723.JPG

Share this:

Send Post Twitter LinkedIn Facebook