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

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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)
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Manilla Helps Users Stay Organized

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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)
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eToro Launches a Social Trading Index

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After the break, eToro took the stage with its social trading index:
“The Social Trading Index is an evolution of eToro’s CopyTrader technology, which enables users to copy the trading activity of any user in the network in order to create a diversified people-based portfolio. As a result of offering the ability to aggregate several users into a single social trading index, users are able to benefit from an even more diversified and controlled investment portfolio. Through CopyTrader and Social Index people have now been transformed into a new asset class, paving the way for a social approach to investing.”
Product Launched: August 2012
HQ Location: Limassol, Cyprus
Company Founded: 2007
Metrics: 190 employees with offices in the United States, Europe & Australia, $31.6M raised to date, more than 2.5M registered users
Website: etoro.com
Twitter: @eToro
Finovate demo videofinovate.com/fall12vid/ (demo video will be posted next week)
Introducing Johnathan Assia (CEO) and Tal Ben Simon (Director of Product Management)
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ValidSoft Brings Secure Mobile Architecture to Real-time Transactions

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Last up for this session, ValidSoft showed the audience its SMART technology:

“ValidSoft’s SMART platform caters for the disparity in mobile networks and devices, use cases and the corresponding transactional risk intrinsic in mobile payment applications. 

SMART achieves this by providing a layered architecture of voice and mobile network‐based security protocols and technologies, both visible and invisible, to protect mobile payment and M‐banking transactions alike.”

Product Launched: January 2012
HQ Location: London, UK
Company Founded: 2003
Metrics: ValidSoft has 20 employees, most of them working out of the London office
Website: validsoft.com
Twitter: @ValidSoft
Finovate demo videofinovate.com/fall12vid/ (demo video will be posted next week)
Introducing John Petersen (Global Head of Business Development) and Emmanuelle Filsjean (Global Head of Marketing)
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PaySimple Helps Small Businesses Get Paid Faster

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Next, PaySimple demonstrated its solution to help small businesses get paid faster and increase customer engagement:

“Late payments and business growth challenges continue to plague small businesses. PaySimple has recently launched a get paid faster while you grow your business feature set. This new innovation ensures small businesses get paid faster through simple automation of early payment incentives and late payment penalties. 

In addition, the innovative features promote business growth by driving social engagement as a natural extension of the payments flow. The social features help businesses grow their social following and improve their online review presence to retain active customer engagements and become a more attractive option to new potential customers.”

Product Launched: April 2010
HQ Location: Denver, CO
Company Founded: January 2006
Metrics: $28.5M raised, 75 employees
Website: paysimple.com
Twitter: @PaySimple
Finovate demo videofinovate.com/fall12vid/ (demo video will be posted next week)
Introducing Eric Remer (CEO) and Jenae Wiegert (VP, Product)
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Guardian Analytics’ FraudXCHANGE Helps FIs Detect Fraud

GuardianAnalytics.jpgAfterwards, Guardian Analytics demonstrated how FraudXCHANGE can help FIs detect fraud:

“FraudXCHANGE is Guardian Analytics’ cross-institution fraud detection platform. Both a collaboration portal and a fraud detection engine, FraudXCHANGE provides FIs a way to take advantage of the fraud data, experiences, expertise, and ideas of hundreds of FIs and fraud prevention experts in our rapidly growing FraudMAP user community, partner community and industry association network.”

Product Launched: November 2012
HQ Location: Mountain View, CA
Company Founded: March 2005
Metrics: Guardian Analytics has 50 employees and over 200 FIs. The company has experienced rapid growth (over 200% year over year growth in customers from 2010-2011) fueled by the acceleration in fraudulent attacks against FIs and recent regulatory guidance setting expectations that all FIs should have the ability to detect and respond to suspicious activity in any electronic banking channel.
Twitter: @GuardAnalytics
Finovate demo videofinovate.com/fall12vid/ (demo video will be posted next week)
Introducing Terry Austin (President & CEO) and Luis Rojas (Director Product Management)
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TouMetis Brings PFM to Small Business Owners with $mart

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Next, TouMetis showed off $mart, a PFM for small businesses:
“TouMetis will be launching an extension to Personal Financial Management for small business owners. With over 25M+ small/micro business owners in the United States, it’s the second largest customer segment for financial institutions behind consumer banking. We believe small business owners are largely underserved by today’s financial institutions and yet it is becoming one of the few market segments where financial institutions are seeing revenue growth.
TouMetis will demo $mart, which we believe to be the first global, cash-flow manager for small business owners as an extension to Yodlee PFM solutions. The Small Business Center FinApps include account summary, transactions, expense tracking, invoicing, time tracking, bill pay, budgeting and cash-flow analysis. $mart will allow the small business owner to engage in financial decisions from their desktop, mobile or tablet devices.”
Product Launching: December 2012
HQ Location: Boise, ID
Company Founded: 2009
Website: toumetis.com
Twitter: @toumetis
Finovate demo videofinovate.com/fall12vid/ (demo video will be posted next week)
Introducing Mark Willnerd (CEO)
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Tuition.io Helps Borrowers Organize Student Loans

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Then, Tuition.io took the stage to demo its student loan platform:

“With Tuition.io, student loan borrowers can easily access all their loans in one visually appealing dashboard, use graphical visualization tools to compare them and get customized optimization plans that take advantage of little-known and hard-to-understand restructuring options.”

Product Launched: August 2012  
HQ Location: Los Angeles, CA
Company Founded: October 2011
Website: tuition.io
Twitter: @Tuitionio
Finovate demo videofinovate.com/fall12vid/ (demo video will be posted next week)
Introducing Brendon McQueen (Founder & CEO) and Steve Pomerantz (Co-Founder & COO)
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Emida’s Cash and Transact Serves as a Cash Alternative for Underbanked Consumers

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Second, Emida demonstrated a cash alternative for underbanked consumers:
“Cash and Transact allows consumers to apply cash to their virtual mobile account without requiring an existing bank account or credit card collateral. Account holders can load value to their Cash and Transact account and then transfer cash or pay for goods and services with anyone, anytime, from anywhere. The Cash and Transact vision is to create a borderless community connected by transactions via the Cash and Transact mobile wallet.
Cash and Transact is an ideal cash alternative for just about anyone, but especially for unbanked subscribers. There are no credit checks, and the system is much safer than carrying cash in many parts of the world. Cash and Transact is as convenient as cash – users can pay bills, buy groceries, transfer money to family and friends in remote locations and much more – all from their mobile handset.”
Product Launched: November 1, 2012
HQ Location: Foothill Ranch, CA
Company Founded: April 4, 2006
Metrics: 86 employees globally and annual revenue of $1.4B across 54,000 active locations
Twitter: @EmidaPrepaid
Finovate demo videofinovate.com/fall12vid/ (demo video will be posted next week)
Introducing Ron Kraft (VP, General Manager North America) and Mark Beckner (CTO)
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CommunityLend Allows Businesses to Offer Their Customers Instant Financing

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First up after lunch, CommunityLend took the stage with its Financeit solution:

“Financeit allows businesses to offer instant, POS financing to their customers from any device. The approval process takes less than 10 seconds and merchants receive their payment by direct deposit. 

The standard program is free to use plus we provide marketing programs such as deferred payments or 0% financing. We currently serve the home improvement, vehicle, retail and healthcare markets.”

Product Launched: January 2011
HQ Location: Toronto, ON, Canada
Company Founded: March 2007
Metrics: CommunityLend has raised over $9M in financing to-date and currently has 35 employees. Financeit has over 2,000 merchants using the system and has processed over $300M in loans.
Twitter: @communitylend
Finovate demo videofinovate.com/fall12vid/ (demo video will be posted next week)
Introducing Michael Garrity (CEO), Casper Wong (COO), and Paul Sehr (CTO)
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Fiserv Enables Users to Seamlessly Interact with Their Online Bank in a Variety of Ways

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Last up before lunch, Fiserv showed the many ways consumers can interact with their online bank:

“Fiserv understands that convenience and supporting user preference are keys to increased adoption and usage of digital payments. Our innovation seamlessly blends a variety of information input modes in our mobile banking application, Mobiliti Enterprise

Using our applications, users can choose from traditional keypad and screen touch interaction, image capture and OCR, or voice-driven commands and inputs to make payments. And a key feature is that users can effortlessly switch modes at any time, whenever they want – even in the middle of a transaction.”

HQ Location: Brookfield, WI
Company Founded: July 1984
Metrics: $4.3B revenue in 2011, $472M net income in 2011, 20,000 employees worldwide, 16,000 financial institutions and businesses use Fiserv worldwide, 6,000 account processing clients
Website: fiserv.com
Twitter: @Fiserv
Finovate demo videofinovate.com/fall12vid/ (demo video will be posted next week)
Introducing Serge vanDam (VP, Mobile Solutions) and Andy Barnett (Senior Consultant)
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Bolstr’s Crowdfunding Platform Helps Small Businesses Raise Capital

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Next, Bolstr demonstrated its crowdfunding platform:
“Bolstr is the first crowdfunding platform focused on adding liquidity to main street small businesses and the only platform able to legally operate pre-JOBS Act. We have worked tirelessly along with our legal counsel to create a model that works within the current regulatory environment.
Bolstr’s proprietary, compliance engine navigates small businesses through the complicated state-by-state regulatory rules. The technology automatically calibrates to a small businesses raise, taking into consideration a multitude of variables to ensure each business raises capital within the rules.”
Product Launched: August 2012
HQ Location: New York, NY
Company Founded: November 2011
Metrics: $250K in capital raised to date
Website: bolstr.com
Twitter: @BolstrYourBiz
Finovate demo videofinovate.com/fall12vid/ (demo video will be posted next week)
Introducing Larry Baker (Co-Founder) and Charlie Tribbett (Co-Founder)
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