Blog - Page 959 of 1287

Toshl Finance Makes Personal Finance Management Fun

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

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

Our last presenter before the noon break is Toshl demoing Toshl Finance.

"One of the main problems of personal finance is that it's annoying to most people and they get quickly discouraged. Our aim is to provide more positive feedback and create content based on user's data that is fun and makes them come back, despite the possibly harsh realities of their financial situation." Presenting Matic Bitenc (CEO) and Miha Hribar (CTO)
Product Launch: March 2013 Metrics: 8 employees, 1.5 million registered users Product distribution strategy: Direct to Consumer (B2C) HQ: Kranj, Slovenia & Mountain View, CA, USA Founded: April 2012 Website: toshl.com Twitter: @Toshl

MyOrder Delivers the Smartest Way to Spend, Connect, Shop, Browse and Have Fun

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

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

Coming to the stage is the team from MyOrder.

"We are MyOrder. We empower and delight our customers by delivering confidence and convenience to their shopping experience." Presenting Gertjan Rösken (CTO) and Tamar Klein (Sales Manager)
Product Launch: September 2013 Metrics: >200,000 downloads in the Netherlands; 11,000 merchant locations in the app Product distribution strategy: Direct to Consumer (B2C), Direct to Business (B2B), international distribution strategy through partners (FIs, other FinTech companies, etc.) HQ: Groningen, Netherlands Founded: 2008 Website: myorder.nl

Fastacash Enables Value, Content Transfer via Social Networks

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

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

Headquarted in Singapore, here is our next presenter, fastacash.

"As a technology enabler, fastacash partners with companies and brands in the payments, remittance, consumer products, social, and gaming industries to bring its technology to end-users. The company recently launched its showcase service in the United Kingdom (international remittances from the UK to Kenya) through a partnership with VFX Financial. It also launched in Indonesia (domestic money transfers) in November, with partner, DOKU, a leading PSP. The company is preparing to launch in Russia with UNISTREAM." Presenting Vince Tallent (Chairman & CEO) and Gilberto Arredondo (Chief Commercial Officer)
Product Launch: September 2013 Metrics: $4.5 million between Seed Round and Series A. 17 employees. Product distribution strategy: Direct to Business to Consumer (B2B2C) HQ: Singapore Founded: April 2012 Website: fastacash.com Twitter: @fastacash

GMC Software Technology Launches its Inspire Mobile Onboarding Solution

By David Penn Posted on February 11, 2014
Categories: FinovateEurope 2014, GMC Software Technology

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

Demoing GMC Inspire Mobile Onboarding, here is GMC Software Technology:

"GMC Inspire Mobile Onboarding is a game-changing innovation that allows banks to attract, retain, and grow customers through real-time, interactive communication. This solution is specifically tailored for mobile customer engagement. With GMC Inspire Mobile Onboarding, banks empower their front line staff to easily create contracts based on customers' needs and preferences that can be sent in real-time and browsed on any mobile device. This innovation enables customers to review contracts, make changes and use digital signature, hence simplifying the on boarding process, reducing drop-out, and increasing revenue." Presenting Antoine Hemon-Laurens (Mobile Products Marketing Manager) and Gary Jenkins (Product Manager)
Product Launch: February 2014 Product distribution strategy: Direct to Business (B2B), through financial institutions, licensed HQ: Appenzell, Switzerland Founded: 1994 Website: gmc.net Twitter: @gmc_net

Matchi’s Innovation Matchmaking Platform Opens Channels of Communications for Banks and Innovators

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

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

Matchi debuted its platform that connects banks and innovators: "Matchi is an Innovation Matchmaking platform for banks and innovators to establish collaborative relationships that deliver increased return on investment for innovators and banks alike. Matchi is here to open persuasive channels of communication so that both sides can benefit from the relationship."

Additionally, Matchi announced today that it has signed a three year sponsorship deal for Spain with CaixaBank.

Presenting David Milligan (CEO) and Gerrit Hoekstra (CTO)
Product Launch: November 2013 Metrics: Privately owned company with 10-50 employees Product distribution strategy: Direct to Consumer (B2C), Direct to Business (B2B) HQ: Hong Kong, China Founded: 2013 Website: matchi.biz Twitter: @matchibiz

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

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

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…

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…

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…

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,…

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…