Apply to Demo at FinovateEurope 2013

btn1_ov.png

Since the first Finovate in 2007, our mission has been to find and showcase the best new ideas in financial technology from around the globe.

That global mission led us to organize the first FinovateEurope in 2011 to focus specifically on the innovative fintech companies in the European region. After selling out the first show and getting rave reviews, in 2012 we moved to a larger location to accommodate even more innovators in the audience.

For FinovateEurope 2013, we’re going one step further and expanding the conference to two days so that we can showcase even more cutting-edge companies. There is so much innovation going on in Europe in everything from mobile to security to lending to PFM to payments that we want to be able to put it all on stage.

If you’d like to apply to demo your company’s newest fintech innovation at the event, please email us at europe@finovate.com for more details. We’ll be accepting applications from now through late November.

And,
if you’d like to attend and watch the cutting-edge of European fintech
debut via our fast-paced, demo-only format, tickets are now available at
the low pre-sale price of £795.00 (£400 off the list price) here. Tickets are limited so please lock in your seat today to guarantee your ability to attend (and these savings)!

We’ll see you in London in February (or Singapore in November)!

FinovateEurope 2013 is sponsored by: Financial Technology Partners and more to be announced

Apply to Demo at FinovateEurope 2013

btn1_ov.png

Since the first Finovate in 2007, our mission has been to find and showcase the best new ideas in financial technology from around the globe.

That global mission led us to organize the first FinovateEurope in 2011 to focus specifically on the innovative fintech companies in the European region. After selling out the first show and getting rave reviews, in 2012 we moved to a larger location to accommodate even more innovators in the audience.

For FinovateEurope 2013, we’re going one step further and expanding the conference to two days so that we can showcase even more cutting-edge companies. There is so much innovation going on in Europe in everything from mobile to security to lending to PFM to payments that we want to be able to put it all on stage.

If you’d like to apply to demo your company’s newest fintech innovation at the event, please email us at europe@finovate.com for more details. We’ll be accepting applications from now through late November.

And,
if you’d like to attend and watch the cutting-edge of European fintech
debut via our fast-paced, demo-only format, tickets are now available at
the low pre-sale price of £795.00 (£400 off the list price) here. Tickets are limited so please lock in your seat today to guarantee your ability to attend (and these savings)!

We’ll see you in London in February (or Singapore in November)!

FinovateEurope 2013 is sponsored by: Financial Technology Partners and more to be announced

Simple’s Twitter Feed Teems with Customer Problems

A month ago, our favorite discerning-technologist-masquerading-as-a-banker Bradley Leimer penned a fascinating post that looked deep into (bank) Simple’s Twitter feed. He drew a dozen conclusions parsing the startup’s back-and-forth with customers over Twitter. Here are a few more thoughts on Simple’s approach.

—————————————–  

imageSimple is the first (virtual) bank to go “open” by entertaining customers’ wants, needs, problems, and various crazy requests on its Twitter feed. The chatter exposes the ugly underbelly of transaction processing, points out the startup’s painful process of scaling up, eats up way too much staff time, and is just a royal pain in the you-know-where.

And I love it.

With every Tweet, the startup shows that it cares, that it is technically savvy, and most importantly, that it has a devoted following.

Bottom line: Customers have many detailed questions that go unasked, and unresolved, because there is no convenient or timely way to get answers. Answering questions in public via Twitter, user forum, blog, Facebook page, etc., can be an effective way to solve them (note 1).

Simple has a unique positioning that is unlikely to be copied by existing banks and credit unions. But everyone can learn from its experiment in openness, frank talk, and use of humor.

———————————-

Simple’s Twitter page (link)

Simple's Twitter page

———————-
Note:
1. We’ve covered various social media outlets in our Online Banking Report during the past few years, including: Banking on Facebook (Feb 2012), Connecting to Customers with Twitter (May 2009), and Bank 2.0 (Nov. 2006). Subscription required.

FinovateFall 2012 in the Press

Here’s a look at the press coverage from FinovateFall 2012 held September 12 and 13 in New York:
PressIMG.jpg

ABA Banking Journal
Bank Technologists Meet American Idol
by John Ginovsky

AdvisorOne
Stock Picking Goes Social as Stockr, aSpark Debut
by Joyce Hanson
American Banker
Apple Effect Evident at Innovator Gathering
by Mary Wisniewski
Dynamics Adds Another Option for Its High-Tech Cards
by Daniel Wolfe
Payfone Aims to Make Mobile Payments Pain-Free
by John Adams
PreCash to Debut Mobile Wallet for the Underbanked
by Daniel Wolfe
Reporter’s Notebook: Day 1 FinovateFall Favorites
by Mary Wisniewski

The Top 10 Tweets of Finovate

Andera blog
Finovate Takeaway: User Experience in Retail Transactions
by Andrea Hunter

Bank Innovation
Finovate Fall 2012: Demo Performance Scores and Reviews
by JJ Hornblass

Wade Arnold, CEO of Banno, Presents Grip
by Phillip Ryan

Bank Systems & Technology
5 Hot Bank Technologies From FinovateFall 2012
by Bryan Yurcan
Banno Releases Updated Grip Product
by Bryan Yurcan
MasterCard Forms New Rewards Program Partnership with Linkables Networks
by Jonathan Camhi
Mobile Commerce Company Payfone Debuts Checkout Solution
by Bryan Yurcan

Business Insider
Financial Planning Startup LearnVest Already Has Millionaire Clients
by Alyson Shontell

The Business Review 
To save or buy is ImpulseSave’s question

Celent
FinovateFall 2012 Recap
by Jacob Jegher

Consumer Reports 
Finovate Fall 2012: A solution to the mortgage crisis?
by Tobie Stanger
Finovate Fall 2012: Help with students’ loans and seniors’ bills
by Tobie Stanger

Finovate Fall 2012: Making, managing and keeping money
by Tobie Stanger

Finovate Fall 2012: Now maybe you’ll switch banks
by Tobie Stanger

Contactless News
Dynamics unveils Triple Interface, battery-powered payment card

Credit Sesame Blog
Check Out the Newest Way to Measure Your Credit and Loan Health!
by Erin Renzas

CreditUnions.com
Finovate Dispenses Inspiring Ideas (Part 1)
by Aaron Pugh

Finovate Dispenses Inspiring Ideas (Part 2)
by Aaron Pugh
The Currency Cloud blog
Finovate NY – Video & Photo Diary
by Nasir Zubairi 

CU Soapbox
GUEST POST: Innovation Unveiled In The Big Apple
Alix Patterson

Daily Finance
A Digital Wallet for the Unbanked: Mobile Finance Goes Downmarket
by Ross Kenneth Urken

The Digital Mailer Blog
FinovateFall 2012: A Recap

Discerning Technologist
Best of Show Locked Up? @MoneyDesktop Demo At #Finovate
by Bradley Leimer
Dough Roller blog
The Best Way to Track Your Investments Online (and it’s Free!)
by Rob Berger

Dwolla Blog

Dwolla at FinovateFall
by Caitlin
Financial Planning 
LearnVest Becomes an RIA, Plans to Hire Advisors
by Elizabeth Wine
Finextra
EToro launches social trading index
PreCash introduces mobile wallet for underbanked
Fintech Marketing blog
William Mills III, CEO William Mills Agency Live Blog from Finovate Fall NYC 2012-DAY ONE
by William Mills III
William Mills III, CEO William Mills Agency Live Blog from Finovate Fall NYC 2012-DAY TWO
by William Mills III
FintechToday
TOP TEN AT FINOVATE 2012
by Walt Cox
Forbes blog
4 Great New Tools to Manage Your Money
by Richard Eisenberg
Gonzobanker Can Make FinTech Amusing
by Tom Groenfeldt
LearnVest Reinvests In Its Mission: Financial Planning For The 99%
by Meghan Casserly
If You Want to Really Raise Capital, Try This Company and Not KickStarter
by Mark Fidelman
The Problem with Finovate
by Helaine Olen
GigaOM
Forget Mint, LearnVest’s new platform takes aim at financial planning industry
by Ki Mae Heussner
Locaid bolsters location service with IP address data
by Ryan Kim
Gonzo Banker
Vendor Dirt: 2012 Finovate Fall
by Scott Hodgins
Huffington Post Money Blog
Online Financial Planning: The Chilling Thing I Found Out About My 70th Birthday
by Catherine New
JP Nicols Blog
Finovate Fall 2012 Best of Show Winners
by JP Nicols
Keeping Nickels
My Tweets from #Finovate
by Nichelle Stephens
Moment NYC blog
Finovate Fall 2012: Less tech, more desire.
by Alexa Curtis
MyBankTracker
Dashlane: Finally Something that Might Actually Make Online Shopping Easier
Dynamics Introduces Card Capable of Swipe, EMV, Contactless Payments
Finovate Wrap-Up: What Can FinTech Do for You? Really?
by Willy Staley
Ideon Choice Unveils Platform for Customer-Created Savings Products
ImpulseSave: Another App to Help You Save
LearnVest Gets SEC Certified, Announces Mobile App, Upgrades
by Willy Staley
Linkable Networks, MasterCard Expand Card-Linked Offers
by Simon Zhen
Locaid: Enter the Digital Panopticon!
MoneyDesktop Connects PFMs Across Multiple Devices
mShift’s AnyWhereMobile Wallet Actually Adds Value
by Willy Staley
New Technologies Are Coming for Unbanked, Underbanked
by Simon Zhen
PayTap Debuts Shared Bill Payment Portal
PreCash Announces FlipMoney at Finovate: Mobile Money for the Underbanked
by Willy Staley
SwitchAgent: Bank-Switching Made Easy
by Simon Zhen
Tuition.io — It’s a Pun, Get It?
The New York Times Blog
LearnVest Dips Its Toes Into Investment Advice
by Ann Carrns
Next Avenue
4 Great New Tools to Manage Your Money
by Richard Eisenberg
NYConvergence
FINOVATE: Mobile and Social FinTech Innovations Dominate
by Lauren Keyson

PandoDaily
The Consumerization of Life’s Ickiest Chores Continues: LearnVest Injects Its Financial Planning Tools With Steroids
by Erin Griffith
PaymentEye
Payfone launches a mobile commerce checkout solution
PaymentsJournal 
MasterCard Keeps Investing in Rewards, This Time With Linkable Networks
PaymentsNews 
FinovateFall 2012 – Best of Show Winners
Payfone To Launch Mobile Commerce Checkout Solution
PayTap Launches Social Bill Pay Service
PreCash Introduces FlipMoney Mobile Wallet for Underbanked Consumers
The Paypers
Banno adds new features to Grip financial aggregation app
Payfone makes 1 Touch Checkout available, partners CardinalCommerce
PC World
New web apps tackle business finance problems
by Yardena Arar
PYMNTS
Banno Unveils New Features for Grip, Strengthens the Mobile Banking Standard with Pre-Transaction Insights
Silicon Prairie News
Banno unveils upgraded interface, new analysis tools for Grip
by Michael Stacy
Snarketing 2.0
SedUIced
by Ron Shevlin

Advice For Finovate Presenters
by Ron Shevlin
TechCrunch
Credit Sesame Adds Social Comparison Tools, Lets You See How Your Debt Compares With People Like You
by Sarah Perez
Dashlane’s Password Management Service Now Alerts Users When Their Accounts May Be Hacked
by Sarah Perez
It’s Not Just For Women Anymore: LearnVest Brings Financial – And Now Investment – Planning To Everyone
by Sarah Perez
Money Management Service Personal Capital Wants To Manage Your 401K
by Leena Rao
Telecompaper
Payfone launches m-commerce checkout service
Tier One blog
Finovate: Day One in Review
by Kathy Wilson
FinovateFall Part Two! All about Savings, Security and Slick New PFM Tools
by Sue Parente
The Next Web
eToro launches Social Trading Index for learning from other traders and sharing top techniques
by Jamillah Knowles
LearnVest launches redesigned tools, new financial plans and teases its upcoming iPhone app
by Harrison Weber
Thomson Reuters 
EPAM Systems and Thomson Reuters announced a partnership to develop and host an App Store solution
Upstart Business Journal
Financial planning, iPad app among best at Finovate
by Kent Bernhard, Jr
Get a 401(k), win an iPhone5
by Kent Bernhard, Jr 
LearnVest targets masses for professional financial advice
by Teresa Novellino 
No need to wait for crowdfunding
by Kent Bernhard, Jr
Personal Capital aims to disrupt 401(k)
by Kent Bernhard, Jr
Sci-fi meets finance at Finovate
by Kent Bernhard, Jr
VentureBeat
Financial planning for all: LearnVest gets its biggest update yet
by Devindra Hardawar

Locaid launches Internet and mobile location-tracking service
by Dean Takahashi
Be sure to check back because we’ll add more coverage as it is published throughout the week.

FinovateFall 2012 Best of Show Winners

Thumbnail image for FF12_BestofShow_col_high.jpg

Our fifth annual FinovateFall in NYC concluded an hour ago. After seeing 64 demos over two packed days, the audience voted for their three favorites each day. The top eight overall were named Best of Show (see notes).

The winners (in alphabetic order):

  • Credit Sesame for its Financial Fitness Indicator that gives users a comprehensive view of their financial situation
  • Dashlane for its instant login and checkout featureFFBOSWinners2.jpg
  • Dynamics for its Triple Interface card, allowing for tap, swipe, or EMV payments
  • eToro for its social trading index 
  • LearnVest for its certified financial planning capabilities and mobile app
  • MoneyDesktop for its PFM platform and bubble budgets 
  • PayTap for its social bill-payment platform
  • ShopKeep POS for its tablet-based POS

We’ll have videos of all 64 demos posted at Finovate.com as fast as possible (probably two to three weeks out).

Thanks to everyone who presented, attended, tweeted, networked, blogged, tolerated the Internet hiccups and helped push fintech forward. You are the best! 

———-

Notes on methodology:
1. Only audience members NOT associated with demoing companies were eligible to vote. Finovate employees did not vote.   
2. Attendees were encouraged to note their favorites as the day went on and choose three favorites from just the demos of that day. Ballots were turned in at the end of the last demo session each day. 
3. The exact written instructions given to attendees: “Please rate (the companies) on the basis of demo quality and potential impact of the innovation demoed. Note: Ballots with more than three companies circled will not be counted.” 
4. The eight companies appearing on the highest percentage of submitted ballots were named Best of Show.
5. Go here for a list of previous Best of Show winners.

FinovateFall 2012 Best of Show Winners

FF12_BestofShow_col_high.jpg

Our fifth annual FinovateFall in NYC concluded a one hour ago. After seeing 64 demos over two packed days, the audience voted for their three favorites each day. The top eight overall were named Best of Show (see notes).

The winners (in alphabetic order):

  • Credit Sesame for its Financial Fitness Indicator that gives users a comprehensive view of their financial situation
  • Dashlane for its instant login and checkout feature
  • Dynamics for its Triple Interface card, allowing for tap, swipe, or EMV paymentsFFBOSWinners2.jpg
  • eToro for its social trading index 
  • LearnVest for its certified financial planning capabilities and mobile app 
  • MoneyDesktop for its PFM platform and bubble budgets
  • PayTap for its social bill-payment platform
  • ShopKeep POS for its tablet-based POS

We’ll have videos of all 64 demos posted at Finovate.com as fast as possible (probably two to three weeks out).

Thanks to everyone who presented, attended, tweeted, networked, blogged, tolerated the Internet hiccups and helped push fintech forward. You are the best! 

———-

Notes on methodology:
1. Only audience members NOT associated with demoing companies were eligible to vote. Finovate employees did not vote.   
2. Attendees were encouraged to note their favorites as the day went on and choose three favorites from just the demos of that day. Ballots were turned in at the end of the last demo session each day. 
3. The exact written instructions given to attendees: “Please rate (the companies) on the basis of demo quality and potential impact of the innovation demoed. Note: Ballots with more than three companies circled will not be counted.” 
4. The eight companies appearing on the highest percentage of submitted ballots were named Best of Show.
5. Go here for a list of previous Best of Show winners.

PayTap Demonstrates P2P Bill Payment Solution

PayTapLogo.jpg

Wrapping up FinovateFall this year, PayTap took the stage with its P2P bill payment solution:
“All of us have done it – asked or given help to family & friends to pay a bill. It’s hard to ask and difficult to quickly respond. PayTap allows people to do what they currently do every day but online and with significant advantages.
1. Dramatically reduces the cost of moving money and takes a major step out of the process by having the funds go directly to the billing company (AT&T).
2. Takes advantage of existing social networking (increases reach and speed).
3. Gives visibility to all parties involved and allows them to keep track (who has paid) and avoids costly late fees.
4. Users can choose any payment method – credit, debit, PayPal and bank transfer – without revealing their details to family and friends.”
Product Launched: July 2012
HQ Location: Dallas, TX
Company Founded: April 2012
Metrics: $500K raised, 6 full time employees
Website: paytap.com
Twitter: @PayTap
Finovate demo videofinovate.com/fall12vid/ (demo video will be posted next week)
Introducing Sean-Michael Daley (CEO) and Chip Oxendine (CTO)
IMG_0433.JPG
IMG_0437.JPG

Payfone Launches 1 Touch Checkout

PayfoneLogo.jpg

Afterward, Payfone launched 1 Touch Checkout:

“Payfone’s 1 Touch Checkout drives frictionless commerce by retrieving the payment credential tied to the mobile number, thereby eliminating steps in the checkout process and driving higher conversion.”

Product Launched: September 2012
HQ Location: New York, NY
Company Founded: March 2008
Metrics: 40 employees
Website: payfone.com
Twitter: @payfone
Finovate demo videofinovate.com/fall12vid/ (demo video will be posted next week)
Introducing Amy Masters (VP Marketing) and Prakash Hariramani (VP & Head of Product)
IMG_0428.JPG
IMG_0430.JPG

Prepaid Resources’ BenefitsDirect Provides an Efficient Direct Deposit Solution

PrepaidResourcesLogo.jpg

Then, Prepaid Resources demonstrated BenefitsDirect, a direct deposit solution:

“BenefitsDirect provides the most effective and comprehensive direct deposit solution to deliver recurring revenue. Easily capture Federal benefits, State benefits and payroll deposits on your accountholder website, in-branch, at retail, by mobile app or live agent. Track enrollment success and utilize direct deposit analytics to pro-actively personalize accountholder relationships.”

Product Launched: April 2009
HQ Location: New York, NY
Company Founded: March 2007
Twitter: @PrepaidResource
Finovate demo videofinovate.com/fall12vid/ (demo video will be posted next week)
Introducing Barry Kessler (President & CEO) and Duane Jacobsen (VP & COO)
IMG_0422.JPG
IMG_0424.JPG

Leadfusion Makes It Easy for Customers to Select Financial Products

Thumbnail image for LeadfusionLogo.jpg

Next, Leadfusion demonstrated how it can make the process of selecting financial products easier for consumers:

“Leadfusion’s new Cross Channel Selling solution unites the online and offline experiences for consumers who are evaluating financial products, while also delivering powerful selling tools to retail branch personnel. 

For the first time, a consumer can begin the consideration of a financial product or service in any channel, and continue that investigation in a different channel – picking up where they left off. By creating a unified experience, Cross Channel Selling makes the selection of a financial product easier and more convenient for the consumer. And with Cross Channel Selling, financial institutions can offer consistent product recommendations across channels while placing helpful selling and lead management tools in the hands of the front-office staff.”

Product Launching: December 2012
HQ Location: San Diego, CA
Company Founded: 1995
Metrics: Leadfusion is privately held with over $5M in annual revenue, more than 250 customers and 1.2M visitors hosted per month.
Twitter: @Leadfusion
Finovate demo videofinovate.com/fall12vid/ (demo video will be posted next week)
Introducing Mark Nelson (VP of National Sales), Matt Kojis (Senior Product Manager), and Nilima Achanti (Director of Implementation Services)
IMG_0416.JPG
IMG_0415.JPG

Euronovate Launches ENSIGN 10 to Help Branches Take A Step Toward Becoming Paperless

EuronovateLogo.jpg

Third up, Euronovate launched its paperless technology:
“Existing companies are focused on only one key element, creating a fragmentation of competence and making it difficult for customers to realize a successful paperless project. Euronovate owns all the expertise and the best product to deliver a turnkey paperless program (using partner resources). 

ENSIGN 10 + ENSOFT are innovative tablet and software for advanced electronic signature and instant marketing, with a unique concept that assures maximum customer experience and level of security. Features include: 10″ wide screen, biometric data-capture including special on-the-air movement and 1.024 pressure level, one single shell impossible to open, encryption 3DES in communication, USB cable for power and data transmission, avoiding any tentative sniffing, tempered glass.”
Product Launched: September 2012
HQ Location: Lugano, Switzerland
Company Founded: February 2012
Metrics (as of July 31, 2012): 1.3M € in revenues, 15M € in pipeline closing by end of 2012, 6 internal employees, 250 resources available through industrial stakeholders, in due-diligence with Atlante Ventures for raising 1.5M €
Finovate demo videofinovate.com/fall12vid/ (demo video will be posted next week)
Introducing Alberto Guidotti (President & CEO) and Nicola Ruggiero (Director)
IMG_0407.JPG
IMG_0408.JPG

Manilla Helps Users Stay Organized

ManillaLogo.jpg

Second up, Manilla demonstrated its bill management platform:
“Manilla.com is the free, award-winning service that helps you manage everything in your life in one place and has updated its features so that customers can seamlessly manage their lives even more easily than before. 
Manilla has made improvements to its mobile apps (which have received 4+ star ratings and thousands of user reviews), upgrades to the way customers categorize their bills and accounts on Manilla, and improvements to its convenient add-account process that allows customers to manage all of their accounts on Manilla’s clean, streamlined interface.”
Product Launched: February 2011
HQ Location: New York, NY & San Francisco, CA
Company Founded: March 2010
Metrics: 50+ employees
Website: manilla.com
Twitter: @Manilla
Finovate demo videofinovate.com/fall12vid/ (demo video will be posted next week)
Introducing Chris Victory (VP, Business Development) and Bill Eller (Senior Director of Business Development)
IMG_0398.JPG
IMG_0401.JPG