Blog - Page 971 of 1220

Additiv’s add.direct Improves Customer Experience While Keeping Cost Down

By Julie Muhn (@julieschicktanz) Posted on February 12, 2013
Categories: additiv, FinovateEurope 2013

This post is a part of our live coverage of FinovateEurope 2013.

Now, Additiv is demonstrating how its add.direct solution can improve customer experience while lowering cost:

“With add.direct we solve two major issues in banking today:

1. Costs

Add.direct allows for a major step in the industrialisation of banks by automating the mid- and front-office processes. It enables a true end-to-end business process along the complete customer journey.

2. Differentiation in the marketplace

Add.direct allows for a highly improved customer experience along all touchpoints and is the basis for serious 2.0 banking.”

Product Launch: September 2012

HQ: Zurich, Switzerland

Founded: 1998

Metrics: 40+ FTEs, privately held company, self-funded

Website: additiv.ch

Presenting Michael Stemmle (Chairman) and Manuel Thomet (Head, Bank 2.0 Consulting)

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eWise’s MyFin Mobile Banking Solution Combines PFM, Account Aggregation, and eAuthentication into a Single Solution

By Julie Muhn (@julieschicktanz) Posted on February 12, 2013
Categories: eWise, FinovateEurope 2013

This post is a part of our live coverage of FinovateEurope 2013.

Next, eWise brought its MyFin mobile banking solution to the stage:

“The eWise MyFin mobile banking application combines the most powerful elements of PFM, account aggregation, and eAuthentication into a single, integrated solution.

The groundbreaking functionality of the eWise MyFin application transforms the consumer’s online banking into a simple, fast, and powerful experience that delivers unprecedented value to financial institutions through an integrated ROI engine.”

Product Launch: November 2012

HQ: Redwood City, CA

Founded: 2000

Website: ewise.com

Presenting Alex Grinberg (Founder) and Mark Matthews (Managing Director)

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Kalixa Launches New “Whereever, Whenever” Mobile POS Device

By David Penn Posted on February 12, 2013
Categories: FinovateEurope 2013, Kalixa

This post is a part of our live coverage of FinovateEurope 2013.

Midway through the second session of the day, here is Kalixa with a demo of their new m-wallet, Kalixa mpos:

“Kalixa mpos is a new mobile POS device enabling ‘prosumers’ and small businesses to accept payments anywhere, anytime, and anyhow. Kalixa mpos accepts all major debit and credit cards and can be used wherever, whenever. Kalixa mpos is totally seure and can offer businesses next day settlement without contract.

Kalixa is a wallet linked to multiple devices – offering consumers one account, one wallet, one way to pay. As an m-wallet, Kalixa can make P2P and MFC transactions, in-store, online or payment over the phone, as well as offering the ability to withdraw cash from ATMs. With no exchange fees, no commission, no charges, Kalixa is prepaid and easy to load via internet banking, credit/debit card, voucher and direct company payments.”

Product Launched: February 2013

HQ Location: Vienna, Austria

Company Founded: January 2007

Metrics: More than 100 employees from 25 countries. Processes transactions worth 2.7 billion euros annually. Powers 90 of the world’s most popular alternative payment solutions. Serves more than 300 merchants. Has over 150,000 cardholders. Can accept, process, and pay in 32 European countries.

Website: cqrpayments.com

Presenting Kamran Hedjri (Chief Operating Officer) and Chris Ranallo (Software Test Engineer)

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Birdback Unveils Card-linking API Technology

By David Penn Posted on February 12, 2013
Categories: Birdback, FinovateEurope 2013

This post is a part of our live coverage of FinovateEurope 2013.

Taking the stage next is Birdback.

“Our technology platform enables features such as loyalty programs, offers and automatic receipts to run on consumer’s existing payment cards. This is made possible through a simple, plug & play API that retailers and advertisers can easily use to link their applications to payment cards.

Birdback’s API handles security, compliance and privacy aspects of card-linking. Card-linking applications range from traditional cash-back schemes to virtual gaming currency redemption. Birdback is demoing a use-case of its REST API.”

Product Launched: February 2013

HQ Location: London, UK

Company Founded: 2012

Metrics: $0.5 million in capital raised; 8 employees

Website: birdback.com

Twitter: @birdback

Presenting Halim Madi (Business Development Director), Ben Brown (CEO, Vouchacha)

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Moven (Formerly Movenbank) Gives a First Look at Its Mobile Platform

By Julie Muhn (@julieschicktanz) Posted on February 12, 2013
Categories: FinovateEurope 2013, Movenbank

This post is a part of our live coverage of FinovateEurope 2013.

Next up is Moven (formerly Movenbank), who showed how its tools can help you better understand your finances:

“At FinovateEurope 2013 we will be demonstrating the Movenbank mobile banking experience along with how CredScore® and our Spend, Save, Live tools will help consumers manage and improve their financial health.

The demo will include features of the day-to-day mobile banking experience and the online platform.”

Product Launch: February 2013

HQ: New York, NY, USA

Founded: March 2011

Metrics: Thus far the company has raised more than $2.5M in seed funding, has around 20 employees and about 10,000 registered users.

Website: moven.com

Twitter: @getMoven

Presenting Brett King (CEO & Founder)

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TSYS Spend Controls Manages Commercial Card Programs

By David Penn Posted on February 12, 2013
Categories: FinovateEurope 2013, TSYS

This post is a part of our live coverage of FinovateEurope 2013.

Taking the stage next is TSYS.

“Every business needs to have a system of checks and balances as an essential part of any successful commercial card program. Effective programs include upfront transaction controls, ensuring cardholder compliance to company policy.

TSYS Spend Controls puts control over card usage into the hands of the business owner or program administrator. It provides businesses a means to implement upfront transaction controls to ensure cardholder compliance with purchasing guidelines.

Administrators manage parameters using a simple, web-based user interface, establishing guidelines according to business, department or individual needs. Each transaction is reviewed at the point of sale based on the pre-established parameters.”

Product Launched: 2012

HQ Location: Columbus GA, USA

Company Founded: August 1983

Metrics: $1.89 billion in annual revenues; more than 8,000 employees worldwide

Website: tsys.com

Twitter: @TSYS_TSS

Presenting Chris Colson (Product Innovation Director), Simon Taylor (International Solutions Management Consultant)

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TransferWise’s Peer-to-Peer Strategy for Exchange Rate Savings

By David Penn Posted on February 12, 2013
Categories: FinovateEurope 2013, TransferWise

This post is a part of our live coverage of FinovateEurope 2013.

The second presenter in the second morning session is TransferWise.

“TransferWise allows regular people to access the real, mid-market exchange rate. We do this using peer-to-peer technology that cuts out traditional fees. Customers pay a tiny, fully transparent service charge to access this.”

Product Launched: February 2011

HQ Location: London, UK

Company Founded: March 2010

Metrics: $1.35 million in investment capital; 20 employees; transferred over £10 million in the first year; growing at more than 20% per month

Website: transferwise.com

Twitter: @transferwise

Presenting Kristo Kaarmann (Co-Founder) and Taavet Hinrikus (Co-Founder)

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The Backbase Digital Marketing Module Helps Bank 2.0 Portal Users Enhance Marketing Efforts

By Julie Muhn (@julieschicktanz) Posted on February 12, 2013
Categories: Backbase, FinovateEurope 2013

This post is a part of our live coverage of FinovateEurope 2013.

Starting off the second session today is Backbase, who showed off its new Backbase Digital Marketing module:

“Backbase is demoing Backbase Digital Marketing, a new module within Backbase Bank 2.0 Portal. With Backbase Digital Marketing, banks get the option to easily create and manage:

• Cross- & up-sell campaigns

• Lead generation campaigns

• Closed loop marketing

• Loyalty features

The Backbase Digital Marketing module does not only work on regular desktop browsers but is optimized to work in a multi-channel setting (from desktop to tablets and smartphones). Backbase Digital Marketing can be used in any existing website or Internet Banking platform, offering banks a simple point solution to start working with Backbase Bank 2.0 Portal.”

Product Launch: February 2012

HQ: Amsterdam, The Netherlands

Founded: April 2003

Metrics: Privately funded, 150+ employees with offices in New York, Amsterdam, London, Singapore and Moscow.

Website: backbase.com

Twitter: @backbase

Presenting Jouk Pleiter (CEO & Co-Founder) and Jelmer de Jong (Global Head of Marketing)

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BBVA’s New Tool Uses Twitter Sentiment to Analyze Stock Market Behavior

By Julie Muhn (@julieschicktanz) Posted on February 12, 2013
Categories: BBVA, FinovateEurope 2013

This post is a part of our live coverage of FinovateEurope 2013.

The final demo for the first session today is BBVA, who showed how its tool can assess whether views of the stock market expressed in Twitter correlate with actual market behavior:

“To find out if the “market sentiment” expressed in Twitter is correlated with actual market behavior, we at BBVA have launched Stockbuzz (www.stockbuzz.es). This is a site where the user can view the sentiment that Twitter users feel on the Ibex 35 and the securities that make up the index, and compare it with their actual share price on the stock exchange.

The website is user friendly, easily understandable and attractive. It shows graphs and data based on the information that is posted on Twitter, but also promotes interaction with this social network, as it contains a section where site visitors can leave their own messages on the analyzed stocks.”

Product Launch: December 2012

HQ: Madrid, Spain

Founded: January 1857

Metrics: 117,500 employees, over 30 countries, more than 47M customers, 900,000 shareholders

Website: bbva.com

Presenting Jose Antonio Gallego (Head of Open Innovation) and Marisol Menendez (Open Innovation Manager)

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SumUp Demos Payment Acceptance Platform

By Julie Muhn (@julieschicktanz) Posted on February 12, 2013
Categories: FinovateEurope 2013, SumUp

This post is a part of our live coverage of FinovateEurope 2013.

SumUp just started its demo featuring a payment acceptance platform:

“SumUp’s payment card acceptance platform helps the millions of small businesses that are missing out on customers because they cannot accept card payments. Traditional card terminals are expensive, with high monthly fees and long contract durations. SumUp’s payment dongle offers an easy way for small businesses and sole traders to accept card payments securely, even on-the-go.

Using only a portable card reader and an iOS and Android app, merchants can accept card payments on their mobile device, with a transparent fee of only 2.75% per transaction.”

Product Launched: Q1/2 2013

HQ: Dublin, Ireland

Founded: August 2011

Metrics: Completion of a two-digit million EURO funding round in Q2 2012, over 130 employees across 10 countries

Website: sumup.com

Twitter: @SumUp_UK

Presenting Stefan Jeschonnek (Co-Founder & CMO) and Florian Richter (Country Manager UK)

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PrivatBank Empowers Cashless Transactions with Smartphones

By David Penn Posted on February 12, 2013
Categories: FinovateEurope 2013, Liqpay.com

This post is a part of our live coverage of FinovateEurope 2013.

Next up to the stage is PrivatBank:

“Liqpay is the project of the Center of E-Business of Privatbank. The Liqpay team specializes in innovative web and mobile services deployment such as Liqpay (liqpay.com), iPay (pos.liqpay.com), and SiteHeart (site heart.com) and a number of other projects.

We have developed smartphone applications that allow users to manage ATMs (cardless and contactless cash withdrawal) and payment apps for gas stations.”

Product Launched: October 2012

HQ Location: Dnepropetrovsk, Ukraine

Company Founded: 2007

Metrics: Service is launched in 10,000 ATMs and in 1,500 gas stations in Ukraine. The company has three employees.

Website: privatbank.ua

Presenting Kristina Chaykovskaya (Vice President), Marla Gurina (Business Development Manager)

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Kantox Facilitates B2B Currency Exchange Without Excessive Fees

By Julie Muhn (@julieschicktanz) Posted on February 12, 2013
Categories: FinovateEurope 2013, Kantox

This post is a part of our live coverage of FinovateEurope 2013.

Afterwards, we saw Kantox, who demonstrated its platform that enables businesses to exchange currency directly between companies:

“How does it work? Kantox makes it possible for currencies to be exchanged transparently, directly between companies without going through the banking system and thus avoiding paying excessive bank commissions.

What do we offer? We offer spot and forward transactions in more than 20 foreign currencies.”

Product Launch: October 2011

HQ: London, UK

Founded: June 2011

Metrics: Over 70 corporate clients and more than $20M USD traded to date. Over €50,000 in revenues. Seed funding in July 2011 was over €150,000 and Series A in July 2012 was €1M. There are currently 15 employees.

Website: kantox.com

Twitter: @KantoxFX

Presenting Philippe Gelis (CEO)

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