Finovate Alumni News– February 19, 2014

By Julie Muhn (@julieschicktanz) Posted on
Categories: Actiance, CaixaBank, Fastacash, Jumio, Linkable Networks, MasterCard, Temenos, ValidSoft
Linkable Networks inks deal with Evan Anthony and Masterpiece USA to enhance shopper marketing and loyalty offering. ValidSoft appoints Adrian Kelly chief product officer. Actiance receives Microsoft certification to manage and record Lync 2013 Enterprise Voice. American Banker takes a look at Jumio and its mobile commerce solution, Fastfill. MasterCard to use Host Card Eumulation to enable secure NFC payments. CaixaBank is developing Google Glass and smart watch apps. Temenos announces multi-solution deployment with Banesco Grupo Financiero Internacional, Venezuela's largest bank. Open Eco Source features fastacash in a column on sending money via Facebook. This post will be updated throughout the day as news and developments emerge. You can also follow all the alumni news headlines on the Finovate Twitter account.

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FinovateEurope 2014 in the Press

By Julie Muhn (@julieschicktanz) Posted on
Categories: FinovateEurope 2014

With any luck, FinovateEurope presenters and attendees were able to rest over the weekend to recover from the demos and networking.

It appears, however, that the media, bloggers, and members of the press were busy polishing up their extensive coverage of the demos. There are still more articles and blogs in the works, so stay tuned for further coverage.

Here's a rollup of FinovateEurope in the press:

Accounts Payable News  Enhanced new look for The Currency Cloud's platform Link American Banker Feedzai Sifts Through Social Media Posts for Clues to Fraud
by Penny Crosman
Link Jumio Aims to Modernize Mobile Commerce with Camera Tech
by Karen Epper Hoffman
Link Backbase blog We Won Best of Show at FinovateEurope 2014! by Prue Duggan Link Bank Innovation FinovateEurope Recap by JP Nicols Link Bank NXT Finovate 2014: The Eye of the Digital Storm by Auke Douwe  Link Bob's Guide  CRIF Debuts its Mobile…

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Finovate Alumni News– February 18, 2014

By David Penn Posted on
Categories: Azimo, Betterment, BillGuard, BlinkMobile Interactive, CAN Capital, DeviceFidelity, Doxo, EyeVerify, Fenergo, FIS, Matchi, Personal Capital, planwise, Taulia, Wealthfront, Xero
Scotiabank selects Fenergo's regulatory onboarding solution. FIS announces partnership with Microsoft Cybercrime Center. Azimo credits Indian expansion for surge in new cash pick-up points. Betterment, Personal Capital, Wealthfront featured in Boston Globe column on personal wealth. DeviceFidelity unveils RF technology behind its latest stand-alone, NFC microSD card. Find Biometrics interviews Toby Rush, CEO of EyeVerify. Vincent Turner, Planwise CEO, gives a closer look at the Planwise Solid Earth partnership. Forbes examines how CAN Capital reinvents financing for SMBs. City of Prosser launches on doxo to simplify bill pay and add mobile interaction. BillGuard now offering free card monitoring for unlimited number of cards. Taulia triples revenue growth in 2013. BlinkMobile enters Europe, eyes U.S. Xero adds a new chairman, director, and CEO of North America. Matchi hires new CEO, David Milligan. This post will be updated throughout the day as news and developments emerge. You can…

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FinovateEurope 2014: Twitter on the Thames

By David Penn Posted on
Categories: FinovateEurope 2014

It's only fitting that our biggest FinovateEurope ever would feature the liveliest Twitter feed in FinovateEurope history as well.

Maybe you were one of those retweeting support of not just "demos that taste good", but "demos with good taste," too. Perhaps you were among the many marveling at those great sketch summaries of FinovateEurope from follower @jonohey of FinovateEurope 2012 alum, Nutmeg. 

But however you may have enjoyed FinovateEurope 2014, there is no doubt that social media was a big part of the story this year.

You'll have to go see some of the saltier tweets on your own. But here are a handful of highlights (click for larger version):

See you in San Jose in April!

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FinovateEurope 2014 Best of Show Winners

By Julie Muhn (@julieschicktanz) Posted on
Categories: Best of Show, FinovateEurope 2014
After a busy two days of fintech demos, the FinovateEurope audience members have made their voices heard. After watching the 67 demoing companies show off their newest innovations on stage in front of the sold out auditorium, the crowd voted for their 3 favorite demos at the end of each day. The 9 companies with the highest number of votes were crowned winners. Here they are in alphabetical order: Backbase, with its out-of-the-box tool for mobile account origination and enrollment BehavioSec, with its behavioral biometrics solution created specifically for a mobile environment Dynamics, for its new Open Loop and Closed Loop card technology Etronika, for its multi-channel partnership ecosystem within BANKTRON MISYS, for its cross-generational digital banking experience Momentum (FKA YourWealth) for its MoneyHub technology that gives users total control of their entire financial life. Luxoft, for its iStockTrack, an app that gives users…

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AXA Banque and Chappuis Halder & Cie Debut SOON, a Mobile-First Approach to Banking

By Julie Muhn (@julieschicktanz) Posted on
Categories: AXA Banque, Chappuis Halder & Cie, FinovateEurope 2014
This post is part of our live coverage of FinovateEurope 2014.

Finishing up FinovateEurope 2014, AXA Banque and Chappuis Halder & Cie come up to debut SOON, a mobile-first approach to banking: "SOON is changing the way everyday banking is done. Mobile banking can be much more than another channel to use the same banking services because mobile handset capabilities enable brand new user experiences. SOON is one of the first bank services to be specially designed for a mobile smartphone, with the objective to make bank services useful, simple, and pleasant. Focusing on design and user experience, we took Apple as an example and used the Nudge marketing theory to develop useful functionalities to manage money." Presenting Raphaël Krivine (General Manager, AXA Banque) and Patrick Bucquet (VP Digital, CH&C)

Product Launch: January 2014 Product distribution strategy: Direct to Consumer (B2C) HQ: Fontenay Sous Bois, France …

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Smart Engine’s Shopping Assistance Helps Banks Bring More Targeted Offers to Consumers

By Julie Muhn (@julieschicktanz) Posted on
Categories: FinovateEurope 2014, Smart Engine
This post is part of our live coverage of FinovateEurope 2014.

Then, Smart Engine took the stage to launch its Shopping Assistance technology that helps banks take advantage of big data to bring consumers more targeted offers: "We are demonstrating the next generation of our innovative Shopping Assistance functionality which adds an entirely new level of "big data" consumer profiling and multichannel targeting to our card linked offer bank loyalty platform.  The cardholder checks in at the merchant store using the App or logs on to the web shop. Our consumer insight analytics in real time pushes relevant shopping offers and recommendations which match the cardholder's preferences. The preferences are derived from the cardholder's profile which we maintain consistently across all merchant sales channels. The cardholder checks out from the store using the Smart Engine App, paying for the purchase and redeeming a discount all in one go." Presenting Christian…

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Arxan’s Security Technology Shields at the Application Layer for Tamper-Proof Protection

By Julie Muhn (@julieschicktanz) Posted on
Categories: Arxan Technologies, FinovateEurope 2014
This post is part of our live coverage of FinovateEurope 2014.

Next, Arxan Technologies took the stage with its mobile app shielding for financial services:

"Arxan's mobile application hardening delivers critical defense and shielding at the application layer with static and active self-defend and tamper-proof attributes. By deploying Arxan protected apps, financial institutions can launch advanced and feature-rich mobile financial services with confidence. Our state of the art 'Guards' are small units of object code that "lockdown" applications with multiple and performance sensitive protection against attacks such as malware, fraud, data breach repackaging, unauthorized access, IP theft, removal of security or critical business logic - all of which would have significant consequences for financial institutions." Presenting Vince Arneja (VP Product Management) and Winston Bond (Security Solutions Architect) Product Launch: October 2013 Metrics: majority private equity investment made in Arxan in September 2013, HQ in USA with global offices…

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Mobino Presents Its Universal Mobile Payments Solution

By David Penn Posted on
Categories: FinovateEurope 2014, Mobino

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

The team from Mobino is making its way to the stage now with their innovative approach to bringing mobile payments to the masses.

"The new Mobino app delivers superior convenience for customers with a seamless integration of many payment scenarios: Peer-to-peer money transfer Payment for goods and services in shops POS and cash register integration Quicker and safer e-commerce payments Fluid payment flow for mobile commerce Cheap and efficient international remittances Registration and KYC process for unbanked Cash-in/out operations at agents and ATMs We are looking for distribution partners and investors to expand our reach in Europe and worldwide." Presenting Jean-Francois Groff (CEO) and Bea Beyer (Evangelist) Product Launch: November 2013 Product distribution strategy: Direct to Consumer (B2C), Direct to Business (B2B), through financial institutions, through other fintech companies and platforms, licensed HQ: Geneva, Switzerland Founded: March 2011 Website: …

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Innovation Agency Crowdsources Innovation through Community Collaboration

By Julie Muhn (@julieschicktanz) Posted on
Categories: FinovateEurope 2014, Innovation Agency
This post is part of our live coverage of FinovateEurope 2014.

Next, Innovation Agency took the stage to demo its approach to innovation in financial services: "Innovation Café is an advanced crowdsourcing innovation platform for companies to engage their innovation communities. It is highly configurable and is able to provide for both private and public ecologies as well as emergent and structured innovation approaches. Innovation Café is a lightweight platform with advanced white labeling and custom theme capabilities and the ability to integrate with SharePoint, HR and other systems to provide detailed reporting.  It is able to deal with a high volume of users and ideas and has a sophisticated social ranking and rating mechanism. Crowdsourcing and community collaboration pay attention to business objectives that are focused through idea challenges. Our judging, recognition/reward process, and digital persona releases are our primary focuses at FinovateEurope." Presenting Sean O'Reilly (CTO) and Rory…

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Money on Toast Debuts Holistic Financial Advice Platform

By Julie Muhn (@julieschicktanz) Posted on
Categories: FinovateEurope 2014, Money on Toast
This post is part of our live coverage of FinovateEurope 2014.

Then, Money on Toast demonstrated how its Doughbot delivers holistic financial advice: "Money on Toast delivers independent and whole of the market FCA-regulated financial advice online via an algorithm-powered adviser, Doughbot. Clients can obtain advice on investments, pre and at-retirement planning, protection and inheritance tax.  How it works: The online system guides the customer through a series of questions, assessing a number of different factors just as a human adviser would. Doughbot then produces a comprehensive electronic suitability report detailing what has been recommended, which is emailed to the client. Clients can then click through and buy these products directly online. All interactions are electronically tracked, providing a complete compliance trail." Presenting Charlie Nicholls (Founder & Managing Partner) and Catharine Dodd (Project Manager)  Product Launch: May 2012  Product distribution strategy: Direct to Consumer (B2C), through financial institutions HQ…

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ITSector’s Commercial Sales GPS Helps Out Financial Institutions’ Sales People

By Julie Muhn (@julieschicktanz) Posted on
Categories: FinovateEurope 2014, ITSector
This post is part of our live coverage of FinovateEurope 2014.

Starting off the final session today, ITSector debuted its Commercial Sales GPS to help out financial institutions' sales teams: "Commercial Sales GPS offers financial institutions' sales teams a solution to guide all commercial effort, including mobile access from everywhere. The main aim of the solution is to provide global information for commercial activity, including: Windows 8 Mobile Tablet - front end for accessing maps and detailed management information and Proactivity map Action Tool for Commercial Managers - guidance for commercial effort Tool for achieving Cycle Proactivity - planning, scheduling, preparation, and report overview The software, based on Microsoft Dynamics CRM, will cover the main activities of the sales process, from account planning, all the way through visit scheduling, preparation, and execution up to monitoring." Presenting João Pinto (Director) and Vitor Barros (IT Architect)
Product Launch: February 2014 Metrics: €9M…

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