Temenos Presents its Treasury Management Dashboard Tablet App

By David Penn Posted on
Categories: FinovateEurope 2014, Temenos

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

From Geneva, Switzerland, the team from Temenos is up next with their solution for managing treasury operations.

"The Temenos Treasury Management Dashboard Tablet App has been developed for Microsoft Windows 8 and enables the transformation of treasury operations. It provides a dynamic dashboard user interface, accessing real time, accurate business-critical information in relation to the bank's overall position against the market, enabling them to spot opportunities and manage risk from wherever they are and at any time.  This app allows better access, increased mobility, and stronger collaboration for information sharing in the workplace whilst enabling treasury managers to be far more responsive and effective in making critical business decisions - ultimately producing higher returns and managing risk." Presenting Adam Gable (Product Manager) and Mike Williams (Sales Director, Temenos Channel Solutions) Product Launch: May 2014 Metrics: 3,700 employees worldwide; 1,500…

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Intuition Intelligence’s Smart Offers Solution Helps Banks Bring Users Relevant and Targeted Offers

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

Next, Intuition Intelligence demonstrated its Smart Offers platform: "Smart Offers markets Bank Products and Merchant Offers embedded in Super Relevant financial content.  The financial content matching a customer's life cycle serves as a powerful trigger to act on the Super Relevant Bank Products and Merchant Offers. The customer Analytical feedback to Banks is a powerful lead generation tool providing deeper insights on customer likes and needs. Smart Offers solution sources a huge volume of offers from the open coupons and deals networks. The Bank manager portal enables financial institutions to view, select, and approve offers. Smart Offers' iCube Super Relevancy engine learns user intent in click time and delivers Super Relevant offers at the right moment via digital channels without spam or friction. Thus, banks experience higher conversion on a scale never seen before, resulting in dramatic increases in…

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BehavioSec’s Adaptive User Authentication System Removes the Burden of Security from the End User

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

Then, BehavioSec demonstrated how its system can remove the burden of security from the end user: "User-friendly, adaptive user authentication via risk based authentication, or behavioural biometrics, and the reality of legacy systems at our current customers. BehavioSec extended its award winning BehavioWeb and BehavioMobile solutions to offer policy based behaviour 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." Presenting Neil Costigan (CEO) 
Product Launch: April 2012 Metrics: €1.5M, 12 employees, university spin out Product distribution strategy: Direct to Business (B2B), through other fintech companies and platforms, licensed HQ: Stockholm, Sweden Founded: May 2009 Website: behaviosec.com Twitter: @behaviosec

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Luxoft Helps Banks Give their Clients a Single Place to Track their Investments

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

Next, Luxoft demonstrated iStockTrack, an app that gives users a single place to connect with their investment life: "iStockTrack is an innovative iPad solution providing mobile banking services for private and premium banking clients. iStockTrack features include client consolidated wealth view, investment portfolio monitoring, personal adviser video call and chat, 24/7 individual banking services, instant market data and news, and macroeconomics dashboard - all in one app!" Presenting Przemyslaw Berendt (VP Global Marketing)
Product Launch: May 2013 Metrics: 7,000+ employees, 19 offices worldwide, 130+ clients, 300+ successful projects, revenue CAGR 26% FY 2011 to FY 2013 Product distribution strategy: Direct to Business (B2B) HQ: Zug, Switzerland Founded: 2000 Website: luxoft.com Twitter: @Luxoft_tweets

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Meniga Launches MarketWatch to Offer a New Revenue Stream for Banks

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

Next, Meniga demonstrated its MarketWatch technology: "The MarketWatch offers Financial Institutions a unique way to analyze financial data that lives within their systems. Complementary to Meniga's PFM Solution, the MarketWatch enriches the transactional data and is a real-time, transaction-based analytics platform for industry-specific market intelligence and reporting. The superior market intelligence provided by the MarketWatch can be offered by banks to retailers for competitive analysis or to improve tactical decision making thereby creating a new revenue stream." Presenting Georg Ludviksson (CEO & Co-Founder) and Einar Gustafsson (VP Product Management) Product Launch: February 2014 Metrics: $8 million raised. 70 employees. Meniga is the European market leader of white-label Personal Finance Management (PFM) and next-generation online banking solutions. The Meniga PFM Solution has been implemented by more than 15 financial institutions in 11 countries, reaching well over 10 million…

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Cardwise’s Xpenditure Automates Expense Management

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

Second up this afternoon, Cardwise demonstrated how Xpenditure can automate expense reports: "Xpenditure is a web based expense management solution that eliminates expense reports for a company. By automating all steps of the expense management process and making use of receipt scanning and integrated approval on the level of expense, Xpenditure makes it possible to manage all daily costs without creating ordinary expense notes - all without long and expensive implementation costs." Presenting Wim Derkinderen (CCO & Co-Founder) and Koen Christiaens (Head of Product)  Product Launch: February 2013 Metrics: €1.8M in Funding (Angel), 15 Employees, €1.3M in revenue for 2013 Product distribution strategy: Direct to Business (B2B), through financial institutions, through other fintech companies and platforms HQ: Mechelen, Belgium Founded: April 2011 Website: xpenditure.com Twitter: @xpenditure

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NF Innova Presents its Personal Experience Module to Boost Customer Engagement

By David Penn Posted on
Categories: FinovateEurope 2014, NF Innova

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

Making their way to the stage now is the team from NF Innova, a software company that specializes in omni-channel customer interaction products.

"Personal Experience Module, a part of iBanking product suite, enables banks to offer their customers a truly unique and tailored user experience. Namely, instead of static, CRM-based rules used for segmentation, this module provides for the adaptive behavior of the entire system, tailoring the user interface for each individual client, without the administration by the bank's staff.  It monitors the subscribed products and services, user's behavior on the digital touch points (portal, mobile devices, etc.), and automatically provides the exact mash-up of functionalities that are most appropriate for the specific customer at the given time and the communication device." Presenting Eldar Banjica (CEO) and Dejan Petkovic (Director, Products & Strategy) Product Launch: iBanking:…

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Payworks Provides Robust Checkout Options

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

Taking the stage just before lunch, payworks showed how its platform can facilitate robust payment capabilities: "We are showing how easy it is to build innovative payment solutions on top of the payworks platform and showcase stunning checkout options." Presenting Christian Deger (CEO) and Michael Englmaier (Head of Sales)
Product Launch: Summer 2012 Metrics: 15 employees, winner of MPE Award for most innovative payment startup Product distribution strategy: Direct to Business (B2B), through financial institutions HQ: Munich, Germany Founded: April 2012 Website: payworksmobile.com Twitter: @payworksmobile

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Tink Launches its Personal Finance Service Internationally

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

Next, Tink launched its platform to help users follow their finances: "Tink is a free personal finance service that allows you to follow your money, wherever you are! The service automatically collects and categorizes up to 2 years of historical transactions and assets from the banks you decide to connect. Once connected, Tink presents your expenses and incomes, suggests budgets, sends alerts, and gives you a personalized feed. Tink removes all the unwanted noise, highlights what's important, and provides intelligent insights into your finances. Following your money with the Tink feed is as effortless as browsing your Instagram feed!" Presenting Daniel Kjellén (Founder & CEO) and Fredrik Hedberg (Founder & CTO)
Product Launch: September 2013, international launch: 2014 Metrics: 10 employees Product distribution strategy: Direct to Consumer (B2C) HQ: Stockholm, Sweden Founded: June 2012 …

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MyWishBoard’s P2P Platform Helps Family and Friends Fund Each Others’ Wishes

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

Next, MyWishBoard stepped up to demo its P2P platform that helps friends and family finance each others' wishes: "MyWishBoard.com is the first p2p platform where users can finance their wishes with the help of friends and subscribers. Once the necessary amount is raised, the money is transferred to the gift recipient's digital account and could be further spent directly in e-stores or withdrawn on a credit card."
Presenting Alexander Borodich (Co-Founder & Chief Dreams Officer) and Olga Kazmina (Marketing Fairy)
Product Launch: July 2013 Metrics: $730,000 raised, more than 80,000 registered users with over 650,000 wishes, 6 employees HQ: Moscow, Russia  Founded: May 2013  Website: MyWishBoard.com

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Backbase’s Mobile Account Origination Module Creates a Seamless Mobile Enrollment Experience

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

Next, Backbase demonstrated how it will cut back office processing time with its new mobile account origination and enrollment module: "We are launching our new mobile origination and enrollment module at FinovateEurope 2014. With the strong mobile capabilities of the Backbase Platform and the growing digital marketing capabilities, we are now including an out-of-the-box tool for seamless mobile enrollment experiences. The new key features are: Complete mobile application development capabilities within Backbase Out-of-the-box enrollment and origination capabilities to support the online application process including camera facilitated image matching for insurance claims and digital image ID authentication using driving licenses for example - all linked with the FI's back-end system (STP), with campaign analytics to track and monitor the campaign's results" Presenting Jouk Pleiter (CEO & Co-Founder) and Jelmer de Jong (Global Head of Marketing)
Product Launch: February 2014 Metrics…

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PhotoPay Cloud Simplifies Paper, PDF Bill Payment on Mobile Devices

By David Penn Posted on
Categories: FinovateEurope 2014, PhotoPay

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

Our next presenter is the team from PhotoPay, debuting PhotoPay Cloud:

"Send any kind of payment related document from your mobile device to PhotoPay Cloud service and it will automatically extract necessary payment data for very simple, one tap payment experience. PhotoPay Cloud will handle any type of bill or invoice customers can receive - photo of a paper bill, PDF document and other types of electronic documents. "Besides simple payment, PhotoPay Cloud can archive documents for users and provide banks with a deeper understanding of customer financial behavior. PhotoPay Cloud service can be integrated as a mobile banking feature or as a stand-along product. It can be used as a private, on premises installation or through a secure cloud API." Presenting Damir Sobol (Founder & CEO) and Jurica Cerovec (Lead Engineer)
Product Launch: February 2014 Metrics:…

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