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Finovate Blog
Tracking fintech, banking & financial services innovations since 1994
Looking for some entertaining and insightful listening this holiday week? Greg Palmer and the Finovate Podcast have you covered!
This week the Finovate blog is sharing Greg’s conversations with seven of the eight Best of Show winning companies from FinovateFall 2024. From discussions about the growing importance of innovation in helping banks and other FIs meet ever-changing compliance requirements to the challenge of call-center security and defending against AI fraud, this latest round of interviews from the Finovate Podcast share insights and accomplishments from some of fintech’s finest.
“FinovateFall’s Best of Show winners come from different backgrounds and contain a wide range of solutions, but they all have one thing in common: they were able to capture the attention of our audience in a very competitive landscape,” podcast host Greg Palmer said. “Hear more of their stories and find out why they’re worthy of your attention too.”
Greg Palmer and Neepa Patel of Themis talk about compliance administration and how fintechs and financial services companies can avoid becoming a target for regulators. EP 238.
Greg Palmer interviews Rithwik Pattikonda of CardLift on payments via browser extensions. EP 237.
Podcast host Greg Palmer talks with Daniel and Joseph Ahn of Delfi on the dangers of balance sheet risk and its macroeconomic impact. EP 236.
Greg Palmer and Bancography’s Steven Reider discuss the importance of physical branches and making sure they are in the right places. EP 235.
Greg Palmer talks about call-center security and AI-based fraud with Illuma’s Milind Borkar. EP 234.
Credit Mountain’s Nathan Pinto talks about the “warm decline” and relationship-building with podcast host Greg Palmer. EP 233.
Greg Palmer and Eko’s Mart Vos discuss a new approach to bringing investing capabilities inside FIs. EP 232.
After two days of live demos from more than 65 fintech companies, the attendees of FinovateFall 2024 have made their decisions as to which of these innovators will take home Finovate’s coveted Best of Show awards. Featuring both Finovate newcomers and Finovate veterans alike, the winners of Best of Show for FinovateFall 2024 are listed below.
Bancography for its software tool that lets bankers predicate branch investments on sound market data, not intuition, preventing costly missteps and ensuring optimized investments.
CardLift for its solution that enables companies to build a co-branded browser extension for their partners that automatically finds and switches users’ card-on-file to their partners’ card.
Credit Mountain for its technology that helps organizations grow their businesses by retaining, nurturing, and cross-selling declined borrowers.
Delfi Labs for its technology that creates efficient risk management and hedging strategies in minutes, enabling clients to defend margins, enhance performance, and raise valuation.
Eko Investments for its platform that offers investments via a financial advisor to all clients–and not just the top 1%–starting from $10.
Illuma for its innovations in deepfake detection that enable community financial institutions to keep their members and customers connected with their funds in a convenient and secure manner.
Nest Bank & Efigence for their collaboration, N! Assistant, a virtual AI-powered assistant that revolutionizes finance.
Themis for its solution that enhances compliance efficiency, minimizes regulatory risk, and fosters seamless collaboration, empowering banks and fintechs to focus on growth and innovation in financial services.
Please join us in congratulating our eight, Best of Show-winning companies. Let’s also raise a glass to all of our demoing companies for their innovations in fields ranging from regtech and payments to lending, wealth management, and beyond. We are especially grateful for our attendees and sponsors, whose support continues make our Finovate conferences among the most anticipated events in our industry. We look forward to seeing you again next year!
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 during each day. At the end of the last demo, they chose their three favorites.
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.”
4. The six 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 through 2014. Best of Show winners from our 2015 through 2024 conferences are below:
A look at the companies demoing at FinovateFall in New York on September 9 and 10. Register today using this link and save 20%.
BankShift
BankShift is a brand-on-banking ecosystem for digital banking platforms, crafted by humans with experience in digital-first and data-driven innovations from leading financial institutions and brands.
Features
Leverage free API gateway for real-time vendor monitoring
Elevate operations and engagement with intuitive web admin portal
Scale platform with patent-pending branding technology
Who’s it for?
BankShift harmonizes brands with banking technology, enabling community banks and credit unions to seamlessly embed their digital banking ecosystems within a brand’s app to create new revenue streams.
Carrington Labs
Carrington Labs empowers financial institutions with explainable AI solutions to enhance credit risk scoring and loan limit recommendations, driving more informed and inclusive lending decisions.
Banks, credit unions, payment providers, and financial institutions focused on unsecured consumer lending.
Delfi Labs
Delfi Labs is a financial technology company that provides an AI-enabled SaaS copilot to help enterprises of all sizes protect themselves from financial market volatility.
Features
Non-generative AI, Oracle: provides actionable strategies in minutes
Risk analytics, Overwatch: offers advanced simulations for markets, balance sheets, and securities
Delivers powerful yet intuitive dashboard
Who’s it for?
Delfi’s initial focus is to serve community banks, credit unions, and financial asset managers in optimizing their balance sheets and structuring risk management strategies in real-time.
Odynn
Odynn is an embedded fintech, AI/ML, loyalty optimization program management platform for travel tech. Odynn has re-imagined customer loyalty while generating significant revenues for its partners.
Features
Delivers next-gen program management platform (holistic travel portal)
Offers live pricing in points, miles, and cash, for every major travel loyalty program
Generates personalized redemption recommendations for end users
PointChain is an intelligent risk management platform designed to bring proactive compliance and risk controls to the forefront. They are focused on delivering real-time transaction monitoring and regulation filings.
Features
Illustrates real-time transaction monitoring
Highlights how a bank can deal with a flagged transaction (Request for Information)
Includes intelligent SAR/CTR Filings
Who’s it for?
Banks, credit unions, credit card companies, and financial service providers who are required to implement and adhere to stringent BSA and AML policies.
Speakeasy
Speakeasy enables fintechs and financial institutions to grow API user adoption and streamline integrations with auto-updated robust SDKs, Terraform providers, and documentation.
Features
Accelerates integrations with SDKs
Prevents breaking changes with testing
Guarantees consistency with governance
Who’s it for?
Any company working in the financial space that has an API — whether available to the public or for private, internal company use only.
Zingly.ai
Zingly.ai empowers businesses to deliver value across the entire customer journey by seamlessly blending data, GenAI, and humans in persistent digital spaces for personalized, lasting relationships.
Features
Creates persistent digital spaces for ongoing, personalized customer interactions
Delivers seamless integration of data, GenAI, and human touch
Offers goal-oriented GenAI for acquisition through support and upsell
Who’s it for?
Zingly.ai serves businesses from Fortune 500-scale to SMBs in banking and financial services.