FinovateFall 2014 Archives - Page 5 of 8

Misys’ FusionBanking Helps Banks Communicate Better with Their Customers

By Julie Muhn (@julieschicktanz) Posted on September 23, 2014
Categories: FinovateFall 2014, Misys

This post is part of our live coverage of FinovateFall 2014.

Misys launches FusionBanking:

“We provide innovative best-in-class digital banking technology for financial institutions. Our solutions focus on adding value, driving new sales and building customer advocacy. By using the most innovative techniques including gamification, geo-location and social media integration you can exceed the expectations of your customers today and in the future.”

Presenting: József Nyíri, Director, Innovation & Digital Channels LABS, Tamás Grünzweig, VP & Head of Innovation, Digital Channels LABS, and Viktor Balint, Head of Customer Insight & Evangelisation, Digital

Product Launch: November 2014

Product distribution strategy: Through financial institutions

HQ: New York, NY

Founded: 1979

Website: misys.com/digital

Twitter: @MisysFS

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WorkFusion Launches its Active-Learning Automation Technology Pairing Machine Learning with Crowdsourcing

By David Penn Posted on September 23, 2014
Categories: FinovateFall 2014

This post is part of our live coverage of FinovateFall 2014

Our next presenter is WorkFusion, demoing their Active-Learning Automation solution.

Finding opportunities to automate is hard, building algorithms is harder, and maintaining effective automation is hardest. WorkFusion solves these problems by actively tracking human work for patterns and training algorithms to follow them. When data sources or formats change, the platform reengages human workers to retrain algorithms, delivering adaptable, unbreakable automation.

Presenting: Max Yankelevich (CEO) & Adam Devine (VP Product Marketing)

Product Launch: September 2014

Metrics: Seven of the top 10 financial data providers use WorkFusion to build and refresh data products, leading FIs use WorkFusion for high-volume data work, $23M raised in total (Mohr Davidow: $15M series B in February 2014, iNovia: $5M series A, Greycroft and RTP Ventures: $2.3M seed), 68 employees, NYC HQ, GigaOm’s #1 rated crowd management platform, on American Banker’s Top 10 FinTech Companies to Watch, SIIA CODiE nominee in 2 categories.

Product distribution strategy: Direct to Business (B2B)

HQ: New York, NY

Founded: June 2010

Website: workfusion.com

Twitter: @crowdcomputing1

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iBillionaire Gives Users Access to Billionaire Investment Portfolios

By Julie Muhn (@julieschicktanz) Posted on September 23, 2014
Categories: FinovateFall 2014, iBillionaire

This post is part of our live coverage of FinovateFall 2014.

iBillionaire showed off its platform that democratizes Wall Street

“The iBillionaire app was born out of a mission to democratize Wall Street by providing users access to the investment strategies and financial data of those who have, historically, played the market best: billionaires.

iBillionaire provides access to billionaire investment portfolios, strategies, and stock picks and is a source of unique and exclusive data on trading activity and investment trends. It sends real-time alerts of buys, sells, and prices and is a source of up-to-the-moment billionaire news.

With iBillionaire, users can create their own portfolios and compare with billionaires. They can also access the iBillionaire Index, which tracks the 30 stocks in which billionaire investors have allocated the most funds.”

Presenting: Raul Moreno, CEO & Co-Founder and Emily Stewart, Head of Communications & Content Strategy

Product Launch: April 2013

Metrics: With a mobile community of over 150,000 investors, offices in Buenos Aires and New York, and covered by media outlets like Bloomberg, CNBC, and Fox Business, the iBillionaire Index has outperformed the S&P 500 since inception.

Product distribution strategy: Direct to Consumer (B2C), through financial institutions, through other fintech companies and platforms

HQ: New York, NY

Founded: April 2013

Product Demoed: iBillionaire

Website: ibillionaire.me

Twitter: @ibillionaire

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VerifyValid Launches its Smartphone-Optimized Mobile Checkbook

By David Penn Posted on September 23, 2014
Categories: FinovateFall 2014, VerifyValid

This post is part of our live coverage of FinovateFall 2014.

VerifyValid is our next presenter. VerifyValid’s eChecks allow users to make check payments to anyone from anyplace they have access to the Internet.

“The VerifyValid Mobile Checkbook is the first ever general purpose checkbook for the smartphone, allowing users to write, approve, send, and deposit check payments from their iPhone. Now, VerifyValid has created a consumer-focused mobile app that replaces transaction fees with sponsored content. Users are able to send and receive checks at now charge while advertisers can speak directly to consumers at the moment that they write or receive a check payment.”

Presenting: Paul Doyle (CEO & Founder)

Product Launch: October 2014

Metrics: More than 50,000 users of the system (including payees) and more than $400M in transaction value to date

Product distribution strategy: Direct to Consumer (B2C), Direct to Business (B2B), through financial institutions, through other fintech companies and platforms

HQ: Grand Rapids, MI

Founded: 2011

Website:verifyvalid.com

Twitter: @verifyvalid

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FlexScore Launches the Mobile Version of its Financial Planning Gamification App

By David Penn Posted on September 23, 2014
Categories: FinovateFall 2014, FlexScore

This post is part of our live coverage of FinovateFall 2014.

As we approach the halfway mark of our first session of the afternoon, here comes the FlexScore team to the stage, demoing FlexScore Mobile.

“FlexScore is now available in a mobile version, allowing users to take FlexScore with them wherever they go. FlexScore maintains its core features – the scoring engine, the Action Steps, the Peer Ranking feature – while empowering the user further through our new pocket-sized, accessible format. Just as with our desktop version, the user interface is spacious, simple, and easy to understand, all while retaining the full power of automated financial advice.”

Presenting: Jason Gordo (CEO) & Jeff Burrow (COO & President)

Product Launch: September 2014

Metrics: $2.5M raised to date, 7 employees

Product distribution strategy: Direct to Consumer (B2C), Direct to Business (B2B), through financial institutions

HQ: San Francisco, CA

Founded: April 2012

Website: flexscore.com

Twitter: @flexscore

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Crowdlending Platform P2Binvestor Introduces New Borrowing, Loan Management Functionality

By David Penn Posted on September 23, 2014
Categories: FinovateFall 2014, P2BInvestor

This post is part of our live coverage of FinovateFall 2014.

The team from P2Binvestor is making its way to the stage next. The company is a peer-to-business (P2B) crowdlending platform that provides better lending options to growing businesses and new investment vehicles for accredited and institutional investors.

“P2Bi is demoing a new borrower dashboard and application process that integrate with QuickBooks Online and streamline the borrower’s path from application to funding. The new functionality allows borrowers to automatically sync financials with their application, sync recurring financial data needed for underwriting and ongoing account analysis and submit invoices for funding. P2Bi is also demoing new underwriting functionality that creates efficiencies for underwriting and account management processes.”

Presenting: Gabriella Krista Morgan (President & Co-Founder) & Clay McIlrath (CTO)

Product Launch: TBD

Metrics: Money raised to date: $2M; employees: 13, users: 182 crowd investors and 15 clients; investor earnings range from 7-15%, lending portfolio: $7M, invoices purchased: $13M

Product distribution strategy: Direct to Business (B2B), partners, referrals, digital marketing

HQ: Denver, CO

Founded: February 2012

Website: p2bi.com

Twitter: @p2binvestor

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Global Debt Registry Standardizes and Digitizes Title Tracking for Banks

By David Penn Posted on September 23, 2014
Categories: FinovateFall 2014, Global Debt Registry

This post is part of our live coverage of FinovateFall 2014.

Our next presenter is debt market clearinghouse, Global Debt Registry. Global Debt Registry provides the definitive independent source of debt ownership information.

“Global Debt Registry’s client application empowers banks and debt buyers with a revolutionary suite of cutting edge controls that support the sale or placement of distressed consumer receivables. Debt owners can download account reports and request legal affidavits to demonstrate proof of ownership. Members have access to a customizable dashboard to analyze, track, and control relevant delinquent accounts. Our consumer application is the first-ever consumer resource empowering consumers to access account information and ownership history to avoid fraud, costly errors, and cases of mistaken identity by independently validating claims from a debt collector.”

Presenting: Todd Veale (Chief Marketing & Product Officer) & Charlie Moore (Chief Commercial Officer)

Product Launch: September 2014

Metrics: 10-20 employees, 45 Financial Institutions Members with 250,000+ consumer accounts registered to date

Product distribution strategy: Direct to Consumer (B2C), Direct to Business (B2B), through financial institutions, through other fintech companies and platforms

HQ: Wilmington, DE

Founded: 2009

Website: globaldebtregistry.com

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BizEquity Introduces Its VaaS Business Valuation Cloud

By David Penn Posted on September 23, 2014
Categories: BizEquity, FinovateFall 2014

This post is part of our live coverage of FinovateFall 2014.

Our second presenter here in the afternoon session is BizEquity,demoing the New BizEquity One Valuation Cloud to help business owners and financial advisors discover the value of a business:

“The New BizEquity One:

1. Real time dynamic valuation updated daily

Real time dynamic valuation updated daily from our smart algorithm & multiple data sources for greater accuracy & client engagement rate.

2. Pre-valued valuations on 28 million businesses. Zillow-esque feature on the homepage.

Powerful search capability on 28 million businesses to get a sense of how the business is doing & what it is worth.

3. Intelligent Advisor

Useful advice and alerts about the business is streamed in real-time as user goes through the valuation process.

4. Updated dashboard with info graphic-like view of each business’ value & key performance indicators.

An easy bird’s eye view of business, simple to grasp for the average business owner.”

Presenting: Michael Carter (CEO) & Semyon Fishman (VP Engineering & Technology)

Product Launch: September 2014

Metrics: We have had more than 50,000 users come to use our system and have gone live with over twelve private label channel partners to date. With 60 patents filed and over 7 million invested into building the system, we have also recently been granted two seminal patents in the online business-valuation space.

Product distribution strategy: Direct to Consumer (B2C), Direct to Business (B2B), through financial institutions, through other fintech companies and platforms, licensed

HQ: Wayne, PA

Founded: May 2010

Website: bizequity.com

Twitter: @BizEquity

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Zenmonics and Diebold Team Up to Demo mobileBanker with Enhanced In-Lobby Terminal

By David Penn Posted on September 23, 2014
Categories: Diebold, FinovateFall 2014, Zenmonics

This post is part of our live coverage of FinovateFall 2014.

With the first afternoon session on the first day of FinovateFall 2014 about to begin, here are Zenmonics & Diebold. Together they are launching mobileBANKER with Enhanced In-Lobby Terminal.

“The solution pioneers a self-service terminal platform for financial institutions that combines advanced teller transactions with a tablet-based application for effective guided sales, cross selling, servicing, and account opening features.”

Presenting: David Dye (VP Sales, Zenmonics), Shelly Ewing (Director, New Business & Solution Incubation, Diebold)

Product Launch: September 2014

Metrics: Zenmonics is a privately held company; Diebold is a public company with 7,000 employees serving 600 locations

Product distribution strategy: Direct to Business (B2B), through other fintech companies and advice centers

HQ: Charlotte, NC (Zenmonics), Canton, OH (Diebold)

Founded: 2007 (Zenmonics), 1859 (Diebold)

Website: zenmonics.com, diebold.com

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MoneyDesktop Becomes MX, Launches Helios and WideNet

By Julie Muhn (@julieschicktanz) Posted on September 23, 2014
Categories: FinovateFall 2014, MoneyDesktop

This post is a part of our live coverage of FinovateFall 2014

Then, MX announced it is becoming MX, and launching two new products, Helios and WideNet:

“MX uses WideNet Technology to expand your market reach by making your apps available to be used by anyone.

Helios, the new full-feature cross-platform digital banking app is deployable on any device, from any brand. The cohesive product integrates the best financial management and mobile and online banking features all in one app. The app is powered by a single source of native code, making it more robust, responsive and engaging than the typical HTML5 approach to providing a cross-platform product.”

Presenting: Ryan Caldwell (CEO) & Matt West (Executive Account Manager)

HQ: Provo, Utah

Founded: 2010

Website: www.mxenabled.com

Twitter: @moneydesktop, @mxenabled

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Digital Mailer’s My Virtual StrongBox Provides Secure Storage and Access Anytime, Anywhere

By David Penn Posted on September 23, 2014
Categories: DigitalMailer, FinovateFall 2014

This post is part of our live coverage of FinovateFall 2014.

Our next presenter is Digital Mailer with My Virtual StrongBox

“My Virtual StrongBox was created by a team of technology innovators with more than 175 combined years of finance industry experience. This product combines the peace of mind of a safe deposit box with the convenience of online storage services. More importantly, your customers can trust that their files will be backed up and safe from prying eyes.”

Presenting: Ron Daly (CEO) & Samantha Thrift (Sales Associate)

Product Launch: May 2012

Metrics: Available to 1.4M customers and members, available at 16 financial institutions nationwide with over $20B in assets

Product distribution strategy: Through financial institutions, through other fintech companies and platforms, licensed

HQ: Herndon, VA

Founded: May 2012

Website: myvirtualstrongbox.com

Twitter: @MyVirtualStrong

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iQuantifi Unveils New Analytic and Predictive Budget Tools to its Virtual Financial Advisor Solution

By David Penn Posted on September 23, 2014
Categories: FinovateFall 2014, iQuantifi

This post is part of our live coverage of FinovateFall 2014.

Moving into the second half of our morning session, here is the team from iQuantifi, demoing the “Cashfinder” and “What if” features of its virtual financial advisor solution.

“iQuantifi is introducing two new features to make it even easier for users to create their own financial plan and achieve their goals. When a user does not have enough money to fund all their goals, our “Cashfinder” analyzes their budget and recommends which expenses a user can reduce to cover the monthly shortage. Our “What If” feature allows users to adjust their goals to see the immediate impact on their financial plan. By comparing two different paths to goal achievement, a user can determine which plan best fits their lifestyle.

Presenting: Tom White (CEO & Founder) & Karen White (CPO & Co-Founder)

Product Launch: September 2014

Metrics: Raised $1.1M to date; 7 employees; over 25% of site traffic converted to users

Product distribution strategy: Direct to Consumer (B2C), through financial institutions, through other fintech companies and platforms

HQ: Nashville, TN

Founded: June 2011

Website: iquantifi.com

Twitter: @iquantifi

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