Trustly Helps You Safely Pay and Get Paid for Goods Sold Online

This post is a part of our live coverage of FinovateEurope 2013.

TrustlyHiLogo.jpg

Third, Trustly showed how its direct, person-to-person payment solution can help you pay and get paid for items sold online:
“Today there are many payment methods available for the e-commerce market, but there are no solutions solving the pain people experience when buying and selling on electronic person-to-person marketplaces – the risks and hassle of exchanging cash, and in the case of non-local deals where the goods have to be shipped – the risk that the buyer will not receive the goods or the seller will not receive the payment. 
Trustly Direktbetalning removes these pains.
We’ll showcase how people from now on can safely pay and get paid for goods sold on Sweden’s largest marketplace, with an integrated fraud guarantee. Trustly Direktbetalning is a direct person-to-person bank payment solution embedded in the marketplace and does not require its users to learn any new behaviour or sign up to any new feature. It will (thanks to the combination of the following features) revolutionize the way people pay and get paid when purchasing goods from each other:
1. Direct and seamless payments embedded in the marketplace
2. Integrated instant identification – no false identities can be used
3. Fraud guarantee offered to both buyer and seller for complete peace of mind
Trustly Direktbetalning leverages Trustly’s proprietary direct bank e-Payment system. Its first marketplace partner is Blocket.se, Sweden’s largest marketplace with an aggregate value of ads posted in excess of €20B per year. It can, in principle, be embedded into any online marketplace in the world, or offered as a stand-alone service.”
Product Launch: Q1 2013
HQ: Stockholm, Sweden
Founded: April 2008
Metrics: Organically grown, Employees: 35+, Number of payments: 200,000+ monthly
Website: trustly.com
Presenting Carl-Henrik Somp (COO)
IMG_1278a.JPG
IMG_1280a.JPG

Credit Agricole Launches App Store

This post is a part of our live coverage of FinovateEurope 2013.

Next up to the stage in the first afternoon session is Credit Agricole:

“The Credit Agricole Store is the first European appstore proposed by a bank and where financial apps are co-created between clients and developers thanks to the opening bank APIs.
credit_agricole.jpg
‘The Credit Agricole Store provides customers with access to many innovative and unique apps (18 new apps within 6 months), from social apps to video games to full display of account information, to apps for visually impaired customers.
The business model provides financial incentives for external developers to contribute and they join a co-op community based on the roots and values of the group.”

Product Launched: October 2012

HQ Location: Paris, France
Company Founded: 1885
Metrics: Over 100,000 site visits per month in the first three months; 18 mobile apps created; 22 new service ideas generated; bank has 160,000 employees; 54 million customers
Presenting Bernard Larrivière (Director of Innovation) and Emmanuel Methivier (CAStore Manager)
IMG_1275.JPG
IMG_1276.JPG

CR2 Presents Bank Personalization Solution in BankWorld

This post is a part of our live coverage of FinovateEurope 2013.

First up on the stage after the noon break is CR2, who is offering a unique way for financial institutions to get to know their customers better:

logo-cr2-mediapack.jpg

“Today banks have limited opportunities to personalize services across all self-service channels.

CR2 has designed BankWorld with powerful segmentation capabilities, enabling banks to design ATM, Internet, and mobile banking screens, products and services as well as interactive banners that can be delivered to a specific segment of customers and can be accepted instantly.

It allows banks to treat each customer as a unique individual and generate revenue from the self-service channels while improving customer satisfaction with a consistent and relevant offering. BankWorld simply helps turn self-service channels into self-selling channels.”

Product Launched: 1998

HQ Location: Dublin, Ireland
Company Founded: 1997
Metrics: 150 staff, with over 100 banks in 60 countries adopting CR2 solutions, offices in six countries
Website: CR2.com
Presenting Javier Hermida (Senior Consultant) and Kieran Kilcullen (CCO)
IMG_1272.JPG
IMG_1272b.JPG

Additiv’s add.direct Improves Customer Experience While Keeping Cost Down

This post is a part of our live coverage of FinovateEurope 2013.

additivHiLogo.jpg

Now, Additiv is demonstrating how its add.direct solution can improve customer experience while lowering cost:
“With add.direct we solve two major issues in banking today:
1. Costs
Add.direct allows for a major step in the industrialisation of banks by automating the mid- and front-office processes. It enables a true end-to-end business process along the complete customer journey.
2. Differentiation in the marketplace
Add.direct allows for a highly improved customer experience along all touchpoints and is the basis for serious 2.0 banking.”
Product Launch: September 2012
HQ: Zurich, Switzerland
Founded: 1998
Metrics: 40+ FTEs, privately held company, self-funded
Website: additiv.ch
Presenting Michael Stemmle (Chairman) and Manuel Thomet (Head, Bank 2.0 Consulting)
IMG_1262.JPG
IMG_1265.JPG

eWise’s MyFin Mobile Banking Solution Combines PFM, Account Aggregation, and eAuthentication into a Single Solution

This post is a part of our live coverage of FinovateEurope 2013.

ewiseHiLogo.jpg

Next, eWise brought its MyFin mobile banking solution to the stage:

“The eWise MyFin mobile banking application combines the most powerful elements of PFM, account aggregation, and eAuthentication into a single, integrated solution. 

The groundbreaking functionality of the eWise MyFin application transforms the consumer’s online banking into a simple, fast, and powerful experience that delivers unprecedented value to financial institutions through an integrated ROI engine.”

Product Launch: November 2012
HQ: Redwood City, CA
Founded: 2000
Website: ewise.com
Presenting Alex Grinberg (Founder) and Mark Matthews (Managing Director)
IMG_1258.JPG
IMG_1260.JPG

Kalixa Launches New “Whereever, Whenever” Mobile POS Device

KalixaHiLogo2.jpg

This post is a part of our live coverage of FinovateEurope 2013.

Midway through the second session of the day, here is Kalixa with a demo of their new m-wallet, Kalixa mpos:

“Kalixa mpos is a new mobile POS device enabling ‘prosumers’ and small businesses to accept payments anywhere, anytime, and anyhow. Kalixa mpos accepts all major debit and credit cards and can be used wherever, whenever. Kalixa mpos is totally seure and can offer businesses next day settlement without contract.
Kalixa is a wallet linked to multiple devices – offering consumers one account, one wallet, one way to pay. As an m-wallet, Kalixa can make P2P and MFC transactions, in-store, online or payment over the phone, as well as offering the ability to withdraw cash from ATMs. With no exchange fees, no commission, no charges, Kalixa is prepaid and easy to load via internet banking, credit/debit card, voucher and direct company payments.”

Product Launched: February 2013

HQ Location: Vienna, Austria
Company Founded: January 2007
Metrics: More than 100 employees from 25 countries. Processes transactions worth 2.7 billion euros annually. Powers 90 of the world’s most popular alternative payment solutions. Serves more than 300 merchants. Has over 150,000 cardholders. Can accept, process, and pay in 32 European countries.
Presenting Kamran Hedjri (Chief Operating Officer) and Chris Ranallo (Software Test Engineer)
IMG_1256.JPG
IMG_1257.JPG

Birdback Unveils Card-linking API Technology

This post is a part of our live coverage of FinovateEurope 2013.

Taking the stage next is Birdback.

birdback_logo.jpg
“Our technology platform enables features such as loyalty programs, offers and automatic receipts to run on consumer’s existing payment cards. This is made possible through a simple, plug & play API that retailers and advertisers can easily use to link their applications to payment cards.
Birdback’s API handles security, compliance and privacy aspects of card-linking. Card-linking applications range from traditional cash-back schemes to virtual gaming currency redemption. Birdback is demoing a use-case of its REST API.”

Product Launched: February 2013

HQ Location: London, UK
Company Founded: 2012
Metrics: $0.5 million in capital raised; 8 employees
Website: birdback.com
Twitter: @birdback
Presenting Halim Madi (Business Development Director), Ben Brown (CEO, Vouchacha)
IMG_1251.JPG
IMG_1254.JPG

Moven (Formerly Movenbank) Gives a First Look at Its Mobile Platform

This post is a part of our live coverage of FinovateEurope 2013.

MovenLogoNew.jpg

Next up is Moven (formerly Movenbank), who showed how its tools can help you better understand your finances:

“At FinovateEurope 2013 we will be demonstrating the Movenbank mobile banking experience along with how CredScore® and our Spend, Save, Live tools will help consumers manage and improve their financial health. 

The demo will include features of the day-to-day mobile banking experience and the online platform.”

Product Launch: February 2013
HQ: New York, NY, USA
Founded: March 2011
Metrics: Thus far the company has raised more than $2.5M in seed funding, has around 20 employees and about 10,000 registered users.
Website: moven.com
Twitter: @getMoven
Presenting Brett King (CEO & Founder)
IMG_1247.JPG
IMG_1249.JPG

TSYS Spend Controls Manages Commercial Card Programs

This post is a part of our live coverage of FinovateEurope 2013.

Taking the stage next is TSYS.

Thumbnail image for TSYSLogo.jpg
“Every business needs to have a system of checks and balances as an essential part of any successful commercial card program. Effective programs include upfront transaction controls, ensuring cardholder compliance to company policy.
TSYS Spend Controls puts control over card usage into the hands of the business owner or program administrator. It provides businesses a means to implement upfront transaction controls to ensure cardholder compliance with purchasing guidelines.
Administrators manage parameters using a simple, web-based user interface, establishing guidelines according to business, department or individual needs. Each transaction is reviewed at the point of sale based on the pre-established parameters.”
Product Launched: 2012
HQ Location: Columbus GA, USA
Company Founded: August 1983
Metrics: $1.89 billion in annual revenues; more than 8,000 employees worldwide
Website: tsys.com
Twitter: @TSYS_TSS
Presenting Chris Colson (Product Innovation Director), Simon Taylor (International Solutions Management Consultant)
IMG_1240.JPG
IMG_1244.JPG

TransferWise’s Peer-to-Peer Strategy for Exchange Rate Savings

This post is a part of our live coverage of FinovateEurope 2013.

The second presenter in the second morning session is TransferWise.

transferwise_logo.jpg

“TransferWise allows regular people to access the real, mid-market exchange rate. We do this using peer-to-peer technology that cuts out traditional fees.  Customers pay a tiny, fully transparent service charge to access this.”

Product Launched: February 2011

HQ Location: London, UK
Company Founded: March 2010
Metrics: $1.35 million in investment capital; 20 employees; transferred over £10 million in the first year; growing at more than 20% per month
Twitter: @transferwise
Presenting Kristo Kaarmann (Co-Founder) and Taavet Hinrikus (Co-Founder)
IMG_1237.JPG
IMG_1238.JPG

The Backbase Digital Marketing Module Helps Bank 2.0 Portal Users Enhance Marketing Efforts

This post is a part of our live coverage of FinovateEurope 2013.

Thumbnail image for BackbaseLogo.jpg

Starting off the second session today is Backbase, who showed off its new Backbase Digital Marketing module:
“Backbase is demoing Backbase Digital Marketing, a new module within Backbase Bank 2.0 Portal. With Backbase Digital Marketing, banks get the option to easily create and manage:
• Cross- & up-sell campaigns 
• Lead generation campaigns
• Closed loop marketing
• Loyalty features
The Backbase Digital Marketing module does not only work on regular desktop browsers but is optimized to work in a multi-channel setting (from desktop to tablets and smartphones). Backbase Digital Marketing can be used in any existing website or Internet Banking platform, offering banks a simple point solution to start working with Backbase Bank 2.0 Portal.”
Product Launch: February 2012
HQ: Amsterdam, The Netherlands
Founded: April 2003
Metrics: Privately funded, 150+ employees with offices in New York, Amsterdam, London, Singapore and Moscow.
Websitebackbase.com
Twitter: @backbase
Presenting Jouk Pleiter (CEO & Co-Founder) and Jelmer de Jong (Global Head of Marketing)
IMG_1235.JPG
IMG_1236.JPG

BBVA’s New Tool Uses Twitter Sentiment to Analyze Stock Market Behavior

This post is a part of our live coverage of FinovateEurope 2013.

BBVAHiLogo.jpg

The final demo for the first session today is BBVA, who showed how its tool can assess whether views of the stock market expressed in Twitter correlate with actual market behavior:

“To find out if the “market sentiment” expressed in Twitter is correlated with actual market behavior, we at BBVA have launched Stockbuzz (www.stockbuzz.es). This is a site where the user can view the sentiment that Twitter users feel on the Ibex 35 and the securities that make up the index, and compare it with their actual share price on the stock exchange. 

The website is user friendly, easily understandable and attractive. It shows graphs and data based on the information that is posted on Twitter, but also promotes interaction with this social network, as it contains a section where site visitors can leave their own messages on the analyzed stocks.”

Product Launch: December 2012
HQ: Madrid, Spain
Founded: January 1857
Metrics: 117,500 employees, over 30 countries, more than 47M customers, 900,000 shareholders
Website: bbva.com 
Presenting Jose Antonio Gallego (Head of Open Innovation) and Marisol Menendez (Open Innovation Manager)
IMG_1233.JPG
IMG_1234.JPG