Banno Archives - Page 4 of 4

“Banno will unveil Grip’s ability to provide insights before the transaction with its new, seamlessly integrated decision-support features and overhauled user interface.”

Product Launched: September 2012 at FinovateFall

HQ Location: Cedar Falls, IA

Company Founded: March 2008

Metrics: $500k raised, 61 employees

Website: banno.com

Twitter: @BannoHQ

Finovate demo video: finovate.com/fall12vid/ (demo video will be posted next week)

Introducing Wade Arnold (CEO) and Ben Metz (Lead Product Engineer)

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FinovateFall 2012 Sneak Peek: Part 3

By Julie Muhn (@julieschicktanz) Posted on August 27, 2012
Categories: Akamai, Banno, Blackhawk Network, CK Mack, Euronovate, FinovateFall 2012, Finovera, Ideon FS, IDology, Leadfusion, Manilla, mShift, PlayMoolah

Here is third and final look at the companies that will demo at FinovateFall September 12 &13 in NYC. Each company provided a short summary of the innovation they will debut on stage. In case you missed them, check out Sneak Peek Part 1 and Sneak Peek Part 2.

Don’t miss the opportunity to experience the hottest innovations in financial technology. Get your FinovateFall ticket here.

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Akamai

Web-based attacks have been on the rise, and financial services is one of the primary targets of criminal, political, and chaotic actors. These attacks can cost institutions millions in lost transactions and business productivity each year, and even higher losses in their brand value and reputation.

Akamai’s Kona Site Defender is the first cloud-based Web security solution to help financial services institutions protect against both large scale denial of service and sophisticated application-layer threats seeking to compromise their brands, applications, and associated data.

Innovation type: banking, online, security

Banno

Banno brings instant pre-transaction insights derived from location, historical spending outliers and upcoming bills to its mobile experience.

When looking at bank statements, people naturally perform regression analysis and predictive modeling to find outliers in spending. In other words, Where did my money go? We feel that everyone needs more absolute data points to help in this decision process. Grip’s dashboard provides easy access to your immediate historical financial perspective, allowing insight into spending over time while exposing anomalies with transaction level patterns ordered by what’s most important today.

Innovation type: Mobile, payments, PFM

Blackhawk Network

Gift cards represent an estimated $110+ billion business in 2012. Consumers have $40 billion in unspent funds and are clamoring for digital solutions as well as connections to their favorite brands. Increasingly, these branded currencies are becoming a larger portion of the commerce cycle and consumer wallets. Retailers, merchants, financial institutions, digital wallets and marketers are all looking to capitalize and participate in this space.

At Finovate, Blackhawk is premiering its GoWallet Digital Services. These services help a host of digital players power deep engagement with consumers while creating new revenue streams through prepaid branded currencies.

Innovation type: Cards, mobile, rewards

CK Mack

CK Mack announces the debut of its innovative investment platform featuring an investment product based on a tangible, insured asset; Rented Real Estate.

Real Estate has been a haven for the wealthy investor since the dawn of time. Now anyone will be able to share in the cash flow of rental property without the high dollar buy-in previously needed to invest in this profitable market. Current low interest rates and market insecurity combine to make CK Mack an exciting option for portfolio diversification.

Innovation type: Investing

Euronovate SA

Euronovate is a “Zero paper company” aiming to transform every legal paper signed into an ab-origine electronic document with the same legal validity in all verticals worldwide. The new Pad Ensign10 and software platform ENsoft provide better legal and security management for electronic signature.

Euronovate is the first company to offer an end-to-end approach with legal support for electronic signature rules, process reenginering, system integration, hardware, software platform and digital archiving. Customers benefit from lower costs, a more efficient process, and an overall better experience.

Innovation type: Back office, sales, security

Finovera

Finovera is your free personal bookkeeper. It is the easiest and most convenient way to receive, organize and manage household bills, financial statements and important family documents – all in one secure digital file cabinet. Users link their accounts once, and Finovera automatically brings in new bills and statements, making bil
l workflow management hassle-free.

Finovera disrupts the old way of dealing with paper documents and brings the simplicity, efficiency and convenience to household information management. Finovera helps banks and credit unions to reduce customer service costs, increase customer satisfaction and deepens relationships to maximize customer wallet share.

Innovation type: Mobile, payments, PFM

IDEON-CHOICE

The CHOICE direct-to-consumer model allows retail customers to create individualized savings and/or investment solutions from the convenience of any channel and device by selecting the term, guaranteed minimum rate, liquidity and source of additional potential return, all with the security of FDIC insurance, in a completely transparent, clear and honest manner.

Innovation type: Back office, banking, investing, mobile, online

IDology

See the next generation in knowledge-based authentication – a SaaS solution that allows businesses to present custom, out-of-wallet questions to consumers using their own data.

IDology’s ExpectID Enterprise gives banks the ability to generate out-of-wallet questions using their internal proprietary customer transactional data located behind their firewall and without ever having to share that data with us. It is time to replace your shared secret questions (What is your mother’s maiden name?) with a higher security model that isn’t compromised by social media or vulnerable to account take overs. Be able to meet FFIEC compliance guidelines while creating a safer authentication method on high-risk transactions.

Innovation type: Identity, security

Leadfusion

See how the vexing problem of cross-channel integration has finally been solved! Financial institutions can now seamlessly connect the online and branch experience for consumers as they shop for financial products.

A consistent consumer experience, easy ‘take your work with you’ cross channeling, best practice branch consultations, helpful product guidance, higher conversion rates, increased brand loyalty – just some of the many compelling benefits of Leadfusion’s new Cross Channel Selling solution. Unveiled publicly for the first time at FinovateFall 2012, from the leader in financial experience management.

Innovation type: Banking, marketing, sales

Manilla

Manilla.com is a free, award-winning service that helps consumers manage everything in their lives in one place. Using just one password, consumers can track their financial accounts, household accounts and utilities, subscriptions, daily deals, and travel rewards, all through Manilla.com or Manilla mobile apps.

Manilla stores account documents, sends reminders to help avoid late fees, and gives consumers a complete overview of their accounts, all through a clean, simple interface. For businesses, Manilla decreases costs by moving customers to paperless billing, accelerates revenue by driving on-time payments, and offers a powerful marketing platform for businesses to engage their customers.

Innovation type: Communications, mobile, PFM

MShift

MShift presents AnyWhereMobile: a new payment network that enables Community Banks and Credit Unions to become the issuers of mobile wallets.

Simultaneously, the AnyWhereMobile payment network will multiply the net Interchange income of both debit and credit for Community Banks and Credit Unions, slash the merchant discount fees borne by merchants by more than half and eliminate the majority of fraud. The huge savings generated by AnyWhereMobile empowers merchants to generate more merchant-centric rewards and discounts for consumers.

Innovation type: Banking, cards, payments

PlayMoolah

PlayMoolah is on a mission to change the way kids and teens use their money! We design fun technologies for kids to experience money management to earn, spend, save, invest, and give. Through real dollars, real action, and real impact, we hope for kids to take control of their money, and become empowered by using it to live their dreams and create value for the world.

Innovation type: Marketing, online, PFM

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Finovate Alumni News– August 2, 2012

By Julie Muhn (@julieschicktanz) Posted on August 2, 2012
Categories: Banno, IDTheft 911, Klarna, SigFig

Banno’s new solution eases cross-channel headaches for FIs.

Virtual Piggy’s kid-friendly online payment platform.

Klarna teams up with We Do Commerce.

ID Theft 911 partners with Cincinnati Insurance Company.

Lifehacker profiles SigFig.

This post will be updated throughout the day as news and developments emerge. You can also follow all the alumni news headlines on the Finovate Twitter account.

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Banno’s New Solution Eases Cross-Channel Headaches for FIs

By Julie Muhn (@julieschicktanz) Posted on August 1, 2012
Categories: Banno, T8 Webware

Today, mobile app and website provider,Banno (formerly T8 Webware), announced that all websites it develops will be optimized for any type of device, regardless of screen size.

Its new, responsive design format offers a single URL that reacts to screen sizes of online, mobile, and tablet devices. This device agnostic approach will help FIs prepare for multi-channel banking.

The new websites also save time on updates:

“Furthermore, the websites now have a live data feed that updates rates based on predetermined formulas, assuring that accurate rates are published across channels instantaneously without the man hours of monitoring and making adjustments previously required.”

Banno also introduced dynamic website content. With this feature, the content that users see will change depending on the user’s historical searches, clicks and preferences.

To learn more about Banno, watch its FinovateFall 2011 demo and come to FinovateFall next month to check out its new tech.

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T8 Webware Changes Name to Banno

By Julie Muhn (@julieschicktanz) Posted on July 10, 2012
Categories: Banno, T8 Webware

Iowa company, T8 Webware, announced today that it has changed its name to Banno to reflect the company’s broadened focus on the digital channel.

It will be expanding beyond its first product, Grip (unveiled at FinovateFall 2011), and has plans to release additional products in the next 6 months.

Banno is not only growing its suite of solutions, but also its staff. In 2011, its number of employees grew by almost 30% and it plans to add over 20 employees in the next three years.

The unique name, Banno, comes from the imaginary friend of CEO Wade Arnold’s son:

“During a conversation of trying to figure out finances, Arnold’s son suggested he ask Banno, his imaginary friend. Asking Banno became the driving force behind Arnold’s passion to solve financial problems.”

This story illustrates the drive to have a clear understanding of finances and Arnold says its what drives the company.

To learn more about Banno, watch its FinovateFall 2011 demo.

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