“Smooth and frictionless payment process is the trademark of the Klarna experience. No one approaches payments the way Klarna does. In less than a second, Klarna performs an extensive analysis of the buyer and assesses the specific risk of fraud and default for that transaction.”
“SoMoLend is debuting its peer-to-peer lending experience by which business borrowers can raise capital by securing loans from friends and family, customers, and community supporters.
Simultaneously, lenders can invest in the industries they care about most in their own neighborhood, fueling local economy and doing well by doing good all while earning a return.”
“FutureAdvisor is demoing FutureAdvisor 401(k) Advice, which supports more than 100 of the largest 401(k) plans in the country. With company-specific data about which 401(k) Plans have which specific investment options, FutureAdvisor is able to algorithmically give step-by-step investment advice to investors that takes into account their investment goals, their existing investments elsewhere, and their 401(k)’s limited plan options.
Though other companies have tried to tackle the problem of advising users on their IRA or taxable accounts, no free web service has been available to give specific, actionable advice on investors’ 401(k) accounts because of the complexity involved, until now.
With FutureAdvisor’s step-by-step advice that takes an investor’s 401(k) and other accounts holistically into consideration, investors will be able to save on hidden fund fees, better diversify, and improve their tax efficiency.”
“Pindrop Security’s Phone Fraud Call Analyzer is the first technology of its kind to uniquely identify callers, regardless of spoofed Caller ID data or other deception attempts. Pindrop is able to provide a “call thumbprint” based on over 160 characteristics of the call, to provide accurate and actionable information on where the call is coming from and the type of device. In addition, the call is matched against Pindrop’s database of over of over 40,000 known fraud callers and matched. This information can allow financial institutions to improve identification of fraud callers, block or reroute calls and save time and money in call centers.
Pindrop Security’s Phone Fraud Intelligence Service (PFIS) provides access to the most accurate and complete database of phone numbers associated with fraud. The PFIS is used by fraud investigation teams, law enforcement, and intelligence to quickly evaluate call provenance as part of their anti-fraud decision process, including supporting caller validation, caller investigations and fraud forensics. This allows organizations to look for ongoing attacks from known fraudsters as well as to prevent future attacks.
The data is accessed via the PFIS portal, which provides detailed information both on specific number queries and on the worst offenders on a variety of criteria. PFIS can be accessed via a web-based portal or integrated into your systems through our API.”
“The app uses card customization as a new and unique way to leverage Facebook in an exciting and engaging way that can drive real brand value, loyalty, and engagement from a bank’s customers. Customers can design a card using an image from one of their Facebook photo galleries. Once the design is approved, it is posted to the user’s wall where all their friends can view it and click on the link to design their own card and thus create a viral marketing effect!”
“Clover empowers payment processors and value added resellers to provide merchants with the best customer checkout experiences.”
Afterwards, inStream demonstrated its innovations within the financial planning software industry:
“inStream is changing the market standard for what is generally referenced today as “financial planning software” through multiple innovations highlighted below.
- Financial services coordination via lead generation puts the advisor in the center of the client relationship.
- Leveraging community-generated planning metrics effectively creates a best practices knowledge base of wealth management services for clients.
- Proactive planning made easy through rules-based planning (setting alerts for every-day planning), milestone-based (setting alerts based on key life milestones), and touchpoint based planning (pre-set client communication plan based on personal client interests).”
Next, Applause Learning introduced the Coindexter Club, a program that gamifies earning, saving, spending, and investing to help kids learn personal finance:
“The Coindexter Club is a financial literacy program for children ages 6 to 12 that includes many dynamic features. The program can be licensed by financial institutions or accessed directly by parents through our simple online subscription process.
The foundation of the Coindexter Club is the virtual city of Econopolis found at www.Coindexter.com. Econopolis is a game-based virtual world that teaches children how to earn, save, spend, and invest money. The autonomous, non-linear learning environment of Econopolis allows children to learn at their own pace and develop strong financial behaviors that translate seamlessly from the virtual to the real world.”
“ZipZap has developed a revolutionary new suite of cash transaction solutions. CashCade provides eCommerce merchants with an automated cascading payment option ensuring every transaction is approved. No more lost revenue from card-based transactions being declined, as CashCade gives consumers the option to pay cash.CashPayment enables consumers worldwide to make payments for online purchases at offline locations using cash. Easily adapted to fit the needs of any eCommerce merchant, a consumer using the CashPayment option simply confirms the transaction online, prints the payment slip, takes it to the nearest Payment Center listed, and completes the transaction by paying the clerk with cash.”
“Launched at CES by DeviceFidelity, Inc., moneto became the world’s first commercially available mobile Near Field Communication (NFC) wallet supporting both iPhone and Android platforms for mobile payments using the In2Pay microSD, which enables secure contactless transactions.
The moneto mobile wallet is powered by MasterCard PayPass technology and linked to a general-purpose reloadable MasterCard prepaid card. The technology enables iPhone and Android users to make purchases with their phone at the hundreds of thousands of merchants that accept MasterCard PayPass.”