“Looop is a unique, big data technology platform that brings together card payment and merchant data in real time to create value from every single transaction.It provides transactional payment data analytics, insights, integrated and intelligent mCoupons, eReceipts and campaign management and tracking. All delivered through a smart phone app and cloud-based solution, to ensure rapid and secure global deployment across multiple jurisdictions.”
True Office Anti-Money Laundering App Goes Mobile
“By playing the True Office / Thomson Reuters Anti-Money Laundering desktop and mobile app, financial services employees are exposed to the regulatory risks they confront and learn how to comply with anti-moneylaundering laws and company policies.
The data generated from this app provides financial services institutions with compliance analytics that help identify and reduce instances of AML risk.”
Holvi’s Online Banking Service Connects Retail Customers with Banking Product Providers
“Holvi connects retail customers and providers of banking and payments products in a seamless ecosystem. Holvi partners have created current accounts, among other uses, for election candidates to run their campaigns (Kokoomus, largest political party in Finland), entrepreneurship education (local chapter of Junior Achievement), and crowdfunding for cultural projects (Mesenaatti.me).
Holvi online banking service is easy to tailor for specific verticals, by partners or the customers themselves. For providers of banking and payments products Holvi offers access to the long tail of retail customers.”
Luminous’ BankFiling Helps FIs Increase Business Lending
“BankFiling loan origination solution enables financial institutions to increase lending to business banking customers, while reducing risk.”
VoiceTrust’s inTalk Provides Voice Authentication Solution
“inTalk provides a simple, convenient and effective solution to the call center authentication problem by recognizing the customer’s voice and using voiceprint biometrics. inTalk passively listens to the person speaking, compares the speaker’s voice to the customer’s voiceprint, and provides identity feedback to the agent.
This is all done in the background during a normal, uninterrupted conversation in any language. A green light is displayed when the customer is recognized and a red light alerts the agent when inTalk detects the presence of an imposter.”
EZBOB Brings Real Time Financing Options to E-Tailers
“EZBOB uses a range of online data sources to analyze e-commerce businesses instantly.In less than 10 minutes, the system will:
- Guide the seller through a simple, secure, quick, and seamless online application process
- Assess the seller’s eligibility using our proprietary internal credit scoring system
- Verify seller’s historical operating performance and assess seller’s ability to service debt
- Verify seller’s identity to prevent fraud
- Provide a customized financing proposal
- Immediate transfer of funds’
EZBOB offers a customized financing proposal which is:
- unsecured (personal or director guarantee)
- short-term (3-6 months)
- up to £45,000 per seller
- cost of 2-7% per month
- clear repayment schedule without early repayment penalties
- no hidden fees and no covenants on seller’s business”
Product Launched: September 2012
PhotoPay Makes Real-Time Paper Bill Payment Mobile
“PhotoPay and PDFpay are greatly improvingthe paper and electronic bill payment experience on mobile devices. PhotoPay uses a phone camera to extract payment data from paper bills and payment slips. PDFpay is used to extract payment data from bills and offers received electronically (in PDF, HTML, or other electronic format), allowing very simple payment without manual data entry.
Our unique smartphone technology recognizes payment slips in real-time and intelligently extracts payment data in a few seconds from paper or electronic bills. And users love it – it is much simpler and up to 10 times faster than typing payment data.”
CurrencyFair Unveils New Mobile App
After a short break, CurrencyFair is here to start off the second session of the morning here at FinovateEurope:
“With CurrencyFair’s new mobile app, it’s easy to make exchanges on the go, at the exact moment you choose. There will be a host of new features, such as the ability to set a rate alert when, for example, the rate available on CurrencyFair is better than the current market mid (interbank) rate.”
Meniga’s New PFM Module Helps Users Decide if They Can Afford Certain Purchases
Wrapping up the first session this morning, Meniga demonstrated its platform that helps users make smart purchasing decisions:
“To buy or Not to buy is a white-label module for mobile banking applications, that uses PFM functionality to empower and influence consumers at the point of sale or when considering buying something.It allows users to check if they can afford what they are about to purchase or see how much closer to their savings goals they would get if they save the money and use it to feed their goal instead.One unique aspect of this innovation is allowing users to leverage their social networks and direct messages to crowd-source the decision and instantly collect feedback before making the purchase. This fun and simple feature uses gamification to engage users and their network of friends.”
GMC Software Technology Launches Inspire Dynamic Statement
This post is a part of our live coverage of FinovateEurope 2013.
“GMC Inspire Dynamic Statement is an interactive and engaging way to present your customers’ statements, online or offline. Instead of the standard tabular statements, GMC Inspire can generate thousands of dynamic statements in minutes, presenting your customers’ data though attractive charts and graphs that are fully clickable.
Areas that require attention and action can be highlighted and customers can even drill down to granular level detail providing a fully intuitive service. GMC Inspire also allows you to track usage of every statement and use this data to populate relevant offers and marketing messages for every customer.”
Product Launched: March 28, 2013
IND Group Uses Real Life Situations to Reshape How Users Interact with Their PFM Platform
“By placing the customers at the center, we have reshaped the traditional idea of PFM to meet the end-users’ everyday needs.
Instead of functions and features we have developed stories that are real life situations, emerging in different stages of our lives and having financial impact, such as “Expecting a baby”, “Prepare for a rainy day”, “Buy a home”, “How to spend less” or “Retirement planning.” This entirely new approach in digital financial customer service takes online banking and financial management to the next level, offering mass retail financial planning and advice.”
Dynamics Launches ePlate, a Better Rewards Card, in UK
Dynamics’ intelligent powered payment cards include a fully card-programmable magnetic stripe that can be re-written with each transaction to reduce fraud. Using Dynamics’ backend system, users can select from a list of rewards, to tailor their own experience.