Finovate’s 2015 Best of Show Winners Give Something to Tweet About

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2015 was quite a year for the 800+ Finovate alumni. From acquisitions to IPOs, and everything in between, there was plenty to tweet about. Here are the highlights from the 2015 Best of Show winners:

FinovateEurope 2015

Avoka demoed a three-minute loan application that delivers a fast onboarding experience.

CoinJar showed a technology that enables consumers to buy, sell, and use digital and traditional forms of currency any way they choose, from dollars to bitcoins.

ebankIT demoed its omnichannel and social banking solution that maximizes interaction between FIs and clients.

eToro showed its innovations in social trading and investing for generation Y.

Jumio demoed credentials-management technology Netverify that turns mobile devices into ID document-scanning terminals.

mBank & i3D demoed their interactive, digital retail-branch concept.

Meniga showed off Market Match, its transaction-data analytics and enrichment engine.

FinovateSpring 2015

Alpha Payments Cloud demoed AlphaHub, its omnichannel access platform that helps banks, merchants, MSPs, and ISOs gain access to any solution provider in the world.

Avoka (see above)

Money Amigo showed technology that brings financial services to the underbanked and underserved, delivering traditional banking products in an innovative way.

Moven launched Moven Financial Health Platform that provides real-time contextualized notifications and interactions that create “gamified money moments.”

NAMU Systems demoed “Joyful Banking” which uses new and intelligent behavior modeling to focus on customer behavior and digital experiences to create a new standard in mobile banking.

Shoeboxed.com showcased its Receipt Capture for Banks, a solution that boosts functionality of online and mobile banking apps while providing fraud protection.

Stratos demonstrated its dynamic Stratos Bluetooth-connected card and digital card issuance platform that analyzes card-usage trends and interactively engages card members.


FinovateFall 2015

Blockstack.io launched technology that enables financial services and other enterprises to set up and build applications on a private, hosted blockchain.

Dyme showcased its innovative method for helping people start a savings habit and fund their lifestyle using text messaging.

Dynamics demoed fully programmable interfaces (stripe, EMV, NFC) for use in next-generation payment cards.

Finanteq launched its SuperWallet that helps banks take full advantage of their potential by integrating m-commerce and remote services with mobile banking.

Hedgeable: demoed its private banking platform for millennials.

HelloWallet showed its Retirement Explorer solution, an approachable and actionable online planning tool that helps employees model and work toward specific retirement outcomes.

SaleMove demoed its Engagement Platform and Omnicall technologies that enable online consumers to engage live with businesses as if they were face-to-face.

Soundpays showed its app that recognizes ultrasonic and sonic waveforms even in extremely noisy environments.


Want to see more award-winning demos of the newest fintech ideas? Pick up your ticket FinovateEurope 2016 and we’ll see you in London.

FinovateEurope Sneak Peek: ebankIT

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FEU2016_logo_withdateA look at the companies demoing live to 1,500 fintech professionals. Get tickets this week for early bird savings.

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ebankIT is an omnichannel banking software company providing innovative technologies that allow banking customers to control their finances and invest their savings easily on their favorite channels.

Features of the software:

  • Allows banks to extend their customers’ networks
  • Provides seamless access to financial products and services
  • Works on every device and wearable technology

Why it’s great
Omnichannel and social banking provides a consistent experience across channels, providing customers with seamless access to financial products and services more efficiently, faster and easier.

Presenters
ebankIT_Paulo_OliveiraPaulo Oliveira, Omnichannel Specialist

Oliveira is a project manager, omnichannel specialist, and software architect at ebankIT. He has developed solutions in the financial sector for more than 15 years.
LinkedIn

 

ebankIT_Diana_WinstanleyDiana Winstanley, Business Developer

Winstanley is a business developer and omnichannel specialist at ebankIT with several years’ experience in business analysis and consulting within the financial sector.
LinkedIn

Finovate Alumni News

On Finovate.com

  • Moven Launches Offers with Four Merchant Partners”
  • Gem Raises $7 Million in Series A”

Around the web

  • Blackhawk Network acquires GiftCards.com and OmniCard for $120 million.
  • EyeLock partners with Diebold to develop new ATM experience using mobile app, QR codes, and iris scanning.
  • Trustly partners with GoldMoney’s BitGold to connect with financial institutions for direct deposits and redemptions.
  • LiveRamp interviews Cardlytics CMO Dani Cushion.

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

ebankIT Launches Omnichannel and Social Banking

ebankITLogoThis post is part of our live coverage of FinovateFall 2015.

ebankIT showed how its omnichannel and social banking help contextualize banking:

ebankIT aims to materialize a solution that will be much more than a banking application, maximizing the interaction of financial institutions and clients by extending the concept of omnichannel and a new concept of social banking. In the world of omnichannel banking, customers are in control of the channels they wish to use. For example, they can begin an interaction using one channel (mobile while at home) and end it in another (SmartTV or Internet Banking). Omnichannel banking brings the industry closer to the promise of true contextual banking in which financial services become seamlessly embedded into the lives of individual and business customers.

ebankIT presenters: CCO and VP João Pinto and Market Manager Sílvia Barbosa

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Product Launch: February 2015 at FinovateEurope
Metrics: Revenues around €2 million; 50 employees
Product distribution strategy: Direct to Business (B2B), through financial institutions

HQ: Oporto, Portugal
Founded: January 2014
Website: ebankit.com
Twitter: @e_bank_it

FinovateFall Sneak Peek: ebankIT

ebankit_homepage_Aug2015

The Sneak Peek series looks at the innovators demoing live on stage at FinovateFall 2015. Pick up your tickets to our annual autumn conference here, and we’ll see you in New York!

ebankIT_logoebankIT is an omnichannel banking software company, providing innovative solutions with multi-core integration and centralized management, allowing banks to communicate more efficiently with their clients.

Features of omnichannel and social banking:

  • Provide seamless access to financial products and services
  • Allow banks to extend its customers network
  • Works on any device and wearable technology

Why it’s great

Omnichannel and social banking provides a consistent experience across channels, providing customers with seamless access to financial products and services.

Presenters

ebankit_JoaoPintoJoao Lima Pinto, Director
Pinto is ebankIT’s director, with nearly 20 years of solid experience in the financial sector, actively participating in the design and implementation of innovative omnichannel solutions.
LinkedIn

 

 

ebankit_silviabarbosaSilvia Barbosa, Market Manager
Barbosa is the market manager and omnichannel specialist at ebankIT, having several years of experience in consulting and business analysis in the financial sector.
LinkedIn

Ask Finovate: Who’s Who in Voice-banking Technology?

Telephone with piggy bank – call for help

A few days ago, we received a query from a Finovate follower:

“Can you please provide a list of companies that have demoed their voice-banking technology over the last few years?”

Interesting question! We trolled through our archives and here’s what we found.

When it comes to voice banking, ebankIT (FinovateEurope 2015); Interactions (FinovateEurope 2014); and ETRONIKA (FinovateEurope 2014) have all demonstrated innovative voice-banking technologies on the Finovate stage in recent years. It may not be a coincidence that all three companies won Best of Show awards for those demonstrations, as well.

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ebankIT Director Joao Lima Pinto and Omnichannel Specialist Paulo Oliviera demonstrated omnichannel social banking at FinovateEurope 2015 in London.

Another company worth mentioning is Finantix. The three-time Finovate veteran demoed its Smart Banking Assistant which responds to commands and queries posed in natural language, and is a part of the company’s Finantix Sharp multichannel platform.

Larger alums also have made inroads into voice banking. This cohort includes Fiserv, whose Voice Response for DNA solution is providing voice-banking services to a growing number of FIs, including credit unions, and ACI Worldwide, specializing in providing voice banking technology to community FIs via its Voice Banking suite within the ACI Self-service Banking platform.

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Interactions Marketing Manager Dan Fox demoed conversational solutions for banks and FIs at FinovateSpring 2014 in San Jose.

A number of Finovate alums have built and deployed voice-banking technologies, while emphasizing on stage only a small component of that technology, such as real-time authentication. These companies include NICE Systems (most recently at FinovateEurope 2015 and a Best of Show winner at FinovateFall 2014) and Q2ebanking (FinovateSpring 2011).

Also, many alums have focused on voice biometrics as an authentication solution without being a full voice-banking-platform provider. These companies include Canada’s VoiceTrust (FinovateEurope 2013); Great Britain’s ValidSoft (FinovateSpring 2013); Best of Show winners AnchorID (FinovateFall 2014) and BehavioSec (most recently at FinDEVr 2014) from New York and Sweden, respectively.

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ETRONIKA CEO Kęstutis Gardžiulis and Head of Marketing Asta Sabaite demonstrated BANKTRON at FinovateEurope 2014.

Additionally, a handful of alums have developed technologies that complement voice banking. SayPay Technologies made its Finovate debut in London this year with a voice-driven bill-pay solution. IntelliResponse, which was recently acquired by [24]7 for its customer service chat resources, last deployed its virtual agent technology at Bank of Internet USA, adding the oldest internet bank in America to its roster of more than 450 deployments across more than 150 brands and institutions.

There is an even broader field of companies that leverage voice technologies to help consumers make payments and transfer money, manage their finances, and even direct investments. Some of these companies, e.g., Credit Sesame, are using Siri-like functionality to improve the customer experience, while others such as mBank are combining voice and video to bring customers real-time assistance from live agents as opposed to virtual ones.

Is there a Finovate alum we left out? If you’re an alum with interesting innovations in the field of voice banking, send us an email at research@finovate.com, and tell us all about it.

Finovate Alumni News

On Finovate.com

  • Last Call for FinovateSpring 2015 Tickets! Join us in San Jose next week!

Around the web

  • Venture Scanner Insights features Motif Investing and TransferWise.
  • Top Image Systems names Carsten Nelk as chief technology officer.
  • DeviceFidelity picks up patent for its implementation of NFC.
  • CSI globalV Card wins multiple honors at the 2015 Communicator Awards.
  • Alcatel launches smartphone with EyeVerify biometric technology.
  • Striata partners with e-signature provider, CIC, to enable document execution via email.
  • Actiance now supports Skype for Business and Yammer.
  • ebankIT launches Watch Bank, an app that allows you to perform banking transactions on the Apple Watch.

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.

 

Finovate Debuts: ebankIT’s Solutions Tap into Wearables and Augmented Reality

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EbankIT delivers banking solutions that fit the context of customers’ lives, through the channels they prefer.

The startup originates from parent company ITSector, which you may have seen on stage at FinovateEurope 2014. For 10 years, ITSector has been creating financial solutions, and recently spun out ebankIT to showcase product lines.

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ebankIT statistics

    • $2.2 million in revenues
    • 50 employees
    • Headquartered in Oporto, Portugal
    • Founded January 2014
    • London operation is based at Level 39
    • Self-funded

EbankIT integrates with an institution’s main core banking system. The startup takes a user-centric approach to enable banking to take place:

    • In any place
    • At any time
    • On any device
    • Through any channel

At FinovateEurope 2015, ebankIT demonstrated six solutions; here are a few:

1) Augmented reality
Users open an augmented reality session in the mobile app, which is available for iPhone, Android, and Windows 8. When they aim their phone to view a printed pamphlet or advertisement, the material comes to life on their screen.

The augmented promotional content, viewed on the smartphone, contains personalized offers and can be tailored to reflect the customer’s financial standing.

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2) Mobile account opening
EbankIT makes mobile account opening simple for the customer and the back-office agent. The technology enables both parties to digitize all required documents using the camera on the tablet, for a completely mobile account-opening experience.


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3) Smart watches
With Android smart watches gaining traction and Apple not far behind, ebankIT developed a banking app for smart watches that enable users to check their balances, view notifications, and pay bills.

EbankIT expects to launch the smart watch offering with a bank in the next one to two months.

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EbankIT also debuted P2P payments capability, beacons, and voice banking solutions.

Check out its video from FinovateEurope 2015 to see all six solutions demoed live.

Alumni News: March 10, 2015

Finovate-F-Logo-thumb-100x100-4490-thumb-100x100-8209-thumb-200x200-8210-thumb-200x200-8972-thumb-200x200-8975-thumb-125x125-9061-thumb-125x125-13257-thumb-150x150-13291-thumb-150x150-13321-thumb-125x125-13415

  • CoverHound Raises $14 Million in Series B
  • Mambu partners with NCC Group, adding assurance solution, SaaS Assured.
  • Check out our interview with CurrencyTransfer.com co-founder, Daniel Abrahams.
  • Fiserv makes The Card Collection available to FIs to help accelerate transition to EMV chip cards.
  • Nashville Post reports on iQuantifi and its participation in the Plug and Play accelerator program this spring.
  • All ten of the top apps in U.S. News & World Report’s review of credit union apps were built by Digital Insight.
  • A look at technology in Kansas City features insights from EyeVerify CEO and founder Toby Rush.
  • Rippleshot and BioCatch earn finalist spots in MRC METAwards.
  • Gartner positions MicroStrategy in the “Leader” quadrant of the 2015 Gartner Magic Quadrant for Business Intelligence and Analytics Platforms report for eight years in a row.
  • Finovate Debuts: ebankIT’s Solutions Tap into Wearables and Augmented Reality

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.

Your Daily Distraction: FinovateEurope 2015 Demo Videos Now Available

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If you’re in need of a little distraction, we have good news. The demo videos from FinovateEurope 2015 have been released. All 72 videos from last month’s conference, along with the full history of Finovate demos, are publicly available on the Finovate video archives page

 
To get started, here are the seven Best of Show winners, in alphabetical order:

Avoka

Avoka

 

 

CoinJar

CoinJar

 

 

ebankIT

ebankIT

 

 

eToro

eToro

 

Jumio

Jumio

 

mBank & i3D

mBank & i3D

 

Meniga

Meniga

Feel free to download, embed, and tweet the videos to share your favorites from the conference, whether you were in attendance or not.

FinovateEurope 2015 Best of Show Winners Announced

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If there is anything more exciting than the first Finovate conference of the year, it’s seeing who will be the year’s first Best of Show award-winning companies.

After two days of fintech presentations and demonstrations, our audience of more than 1,100 has shared its opinion on which technologies at FinovateEurope 2015 stood out from the rest of a truly impressive pack.

Here are this year’s winners, in alphabetical order:

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Avoka for its three-minute loan application that promises to deliver the fastest onboarding experience in the world.

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CoinJar for its technology that enables consumers to buy, sell, and use digital and traditional forms of currency any way they choose—from dollars to bitcoins.

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ebankIT for its omnichannel and social banking solution that maximizes interaction between FIs and their clients.

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eToro for its innovations in social trading and investing for Generation Y.

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Jumio for its credentials-management technology, Netverify, that turns mobile devices into ID document-scanning terminals.

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mBank and i3D for their interactive, digital retail-branch concept.

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Meniga for Market Match, its transaction-data analytics and enrichment engine.
As always, thanks to everyone who attended and participated in FinovateEurope 2015. We’ll see you 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 seven 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. 

ebankIT’s Solution Brings Contextual Banking to Multiple Channels

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This post is part of our live coverage of FinovateEurope 2015.
 
ebankIT showed off its multichannel innovation that gives users a seamless experience across all channels:
ebankIT aims to materialize in a solution that is much more than a banking application, maximizing the interaction of financial institutions and clients by extending the concept of omnichannel and social banking. In the world of omnichannel banking, customers are in control of the channels they wish to use.
For example, they can begin an interaction using one channel, such as mobile, while at home, and end it in another, such as SmartTV or Internet banking. Omnichannel banking brings the industry closer to the promise of true contextual banking in which financial services become seamlessly embedded into the lives of individual and business customers.
Presenters: João Pinto, member of the board of directors, and Omni-channel Specialist Paulo Oliveira
 
ebankit_7794.JPG
Product launch: February 2015
Metrics: Revenues around €2M, 50 employees
Product distribution strategy: Direct to Business (B2B), through financial institutions
HQ: Oporto, Portugal
Founded: January 2014
Website: ebankit.com
Twitter: @e_bank_it