FinovateFall 2024 Sneak Peek Series: Part 7

A look at the companies demoing at FinovateFall in New York on September 9 and 10. Register today using this link and save 20%.

Ascent

Ascent streamlines and simplifies any and all product applications and forms across an FI without disrupting existing systems and processes, while learning from every customer interaction.

Features

  • Eliminates buying a different solution to solve each product application experience or problem
  • Reduces abandonment
  • Improves cross-sell
  • Grows loyalty

Who’s it for?

Community banks, regional banks, credit unions, CUSOs, non-bank lenders, and insurance carriers looking to reduce the cost and complexity of delivering great experiences across the enterprise.

Finli

Finli, a certified B Corp, offers SMBs trusted and easy-to-use financial tools. The company helps FIs compete through expanded digital services that drive deposits and strengthen customer relationships.

Features

FI’s can view Finli as their SMB obsessed innovation team that offers

  • Real-time business health insights
  • Complete back office suite of digital services for SMBs
  • Secure digital payments

Who’s it for?

Banks and credit unions looking to drive business deposits and offer innovative digital tools to business clients.

Flextract

Flextract uses AI to extract structured data from complex financial documents, eliminating manual copy-paste and enhancing accuracy.

Features

  • Supports a wide variety of complex document types and layouts
  • Automates complex operational processes that need large teams of human analysts
  • Delivers structured data without workflow changes

Who’s it for?

Commercial lenders, mortgage lenders, wealth managers, and asset managers.

getAIreports.com (by Stock Unlock)

getAIreports.com (by Stock Unlock) automates report generation using AI, transforming complex data into clear insights. The company streamlines reporting processes, saving time and improving decision-making for businesses, allowing companies to focus on their core competencies.

Features

  • Saves time generating comprehensive reports
  • Closes more deals with clear, data-driven insights
  • Drives actionable insights with accurate AI summaries on financial data

Who’s it for?

Any businesses that generate reports.

Illuma

IllumaShield™ by Illuma streamlines caller verification with a frictionless voice biometrics authentication solution that protects against account takeovers.

Features

  • Improves account security and customer satisfaction
  • Reduces caller verification time by 85% or more
  • Deploys quickly with low lift from internal IT resources

Who’s it for?

Community banks, regional banks, and credit unions that need a state-of-the-art solution to prevent fraud in contact centers.

Vectari

Vectari’s software can be thought of as “compliance expertise as a service.” Their cloud-hosted subscription software services find hidden trends in customer interactions.

Features

  • Reduces operational costs of servicing customers due to avoidable errors
  • Reduces regulatory risk caused by compliance errors
  • Provides better oversight of third-party partners and servicers

Who’s it for?

Financial institutions of all flavors, particularly mid-size banks, BaaS and embedded finance banks, and non-bank FIs involved in loan servicing.

ZayZoon

ZayZoon’s Embedded EWA, trusted by 180+ HR and payroll companies since 2014, delivers custom end-to-end solutions that enhance offerings, attract clients, and drive new revenue.

Features

  • Offers dynamic embedded tile
  • Provides mass employee activation
  • Delivers smart and trackable embedded EWA

Who’s it for?

HR and payroll companies, including SMBs.

FinovateSpring 2024 Sneak Peek Series: Part 7

A look at the companies demoing at FinovateSpring in San Francisco on May 21 and 22. Register today using this link and save 20%.

Ascent Platform

Ascent Platform’s next-gen Point-of-Sale platform streamlines any product application or form without disrupting existing systems and processes. It learns from each customer interaction to improve subsequent experiences.

Features

  • Includes a no-code builder for rapid deployment of any app or form
  • Does not disrupt current operational processes
  • Offers low acquisition and ownership costs
  • Delivers less friction, less abandonment, and faster growth

Who’s it for?

Banks, credit unions, and CUSOs.

Bloom Credit

Bloomplus by Bloom Credit lets the 106 million thin-file, no-file, and subprime Americans build credit by submitting payments from their DDA accounts to major credit bureaus.

Features

  • Allows consumers to build credit with bills they are already paying
  • Gives consumers access to credit products
  • Allows consumers to access mainstream credit rates

Who’s it for?

Banks, credit unions, and fintechs.

Eqvista

With $70B in assets under administration (AuA) and a user base of 17,000 companies and monthly valuations of $2B in client assets, Eqvista is in a prime position to upsell equity and financial services.

Features

  • Delivers in real-time valuation
  • Provides financing against equity
  • Offers financing for SME segment

Who’s it for?

Banks who want to enter the equity financing space and SMBs looking for alternative sources of financing.

Revelata

Revelata makes investors bionic at research and analysis. Their first product, deepKPI, automatically surfaces company KPI time series buried within the text of billions of pages of SEC filings.

Features

  • Fast: Analysts cut ~1,200 hours per year down to seconds for manual data extraction
  • Trusted: Every data point auditable with one click
  • Simple: Downloads to Excel, works offline

Who’s it for?

Analysts in investment banks, hedge funds, asset managers, PE firms, research firms, management consultancies, corporate strategy teams, as well as sophisticated retail investors.

Streetbeat

Streetbeat’s financial AI API streamlines financial operations with real-time, personalized data for each client.

Features

  • Enhances user experience with real-time, personalized financial data
  • Streamlines financial operations and integrates with existing systems
  • Supports advanced functions like backtesting and port

Who’s it for?

Banks, brokers, wealth managers, apps, websites, financial institutions, and financial publications.