FinovateSpring 2015 Archives - Page 6 of 8

Prairie Cloudware Previews its Payments Gateway that Helps Banks Deliver Digital Services

By David Penn Posted on May 12, 2015
Categories: FinovateSpring 2015, Prairie Cloudware

This post is part of our live coverage of FinovateSpring 2015.

Prairie Cloudware is demonstrating its Digital Payments Guardian:

Prairie Cloudware’s Digital Payments Guardian (DPG) is a powerful gateway that interconnects payment applications like mobile wallets, banks and emerging token service providers. It provides financial institutions with the ability to deliver secure, convenient, easy-to-use digital payment services to their customers through their existing digital banking channels. The DPG solution utilizes the existing payment infrastructure, leverages the trust related to payments that consumers place in financial institutions and places those institutions in direct control of the payments relationship maintained with consumers. It is a SaaS-based solution that utilizes a cloud-based infrastructure.

Presenters: Doug Parr, chief revenue officer; Mike Carter, chief marketing officer

Product Launch: June 2015

Metrics: $5M+ raised to date
Product distribution strategy: Direct to Business (B2B), through financial institutions, licensed

HQ: Omaha, Nebraska
Founded: December 2012
Website: prairiecloudware.com
Twitter: @PrairieClouds

Share this:

Send Post Twitter LinkedIn Facebook

SizeUp Gives FIs Business Intelligence Tools to Help Reengage Customers

By David Penn Posted on May 12, 2015
Categories: FinovateSpring 2015, SizeUp

This post is part of our live coverage of FinovateSpring 2015.

The team from SizeUp is launching its business intelligence platform for financial institutions.

SizeUp FI (Financial Institutions) is a new service that enables FIs to provide their customers with valuable business intelligence directly through the FI’s own website, SizeUp provides FIs:

Consistent reengagement with customers through “sticky” data services
Stronger partnerships with business customers by helping them succeed with Big Data insights they previously couldn’t afford or understand
Introduction to the FIs relevant products and services through SizeUp’s tools at specific decision-points of the customer’s business lifecycle
New value FIs can provide outside of “me too” FI business offerings
Multiple versions of SizeUp FI enabling the FI to provide its own custom implementation

SizeUP FI presenters: Anatalio Ubalde, CEO, co-founder; Thomas Barron, VP business development

Product Launch: April 2015

Metrics: N.A.
Product distribution strategy: Through financial institutions, through other fintech companies and platforms, licensed

HQ: San Francisco, California
Founded: September 2011
Website: sizeup.com
Twitter: @sizeupbusiness

Share this:

Send Post Twitter LinkedIn Facebook

Yodlee Launches Recommendations Engine that Uses Behavioral Psychology

By Julie Muhn (@julieschicktanz) Posted on May 12, 2015
Categories: FinovateSpring 2015, Yodlee

This post is part of our live coverage of FinovateSpring 2015.

Yodlee showed off how it is using behavioral psychology and data to personalize recommendations and advice:

At Yodlee, we believe there is massive potential to change and shape financial habits and behaviors leveraging data, analytics, & progressive engagement to encourage good behaviors – making it easier to say yes (to saving) than no. Our newest innovation embraces behavioral psychology & data clustering to automate chores, make personalized recommendations & provide actionable advice.

Research demonstrates that feelings matter when it comes to selling financial products, so helping people feel good about their finances & meet their personal goals means expansive value to financial providers. Yodlee’s latest innovation capitalizes on key data-driven insights to fundamentally change the digital banking experience.”

Presenters: Katy Gibson, VP, product applications; John Bird, VP, product marketing; David Lee, chief marketing officer

Product Launch: May 2015

Metrics: Yodlee (Nasdaq: YDLE) is a global financial technology leader with 800+ customers, 64 issued U.S. patents, millions of users, and more than 900 employees worldwide.
Product distribution strategy: Direct to Business (B2B), through financial institutions, through other companies

HQ: Redwood City, California
Founded: February 1999
Website: yodlee.com
Twitter: @yodlee

Share this:

Send Post Twitter LinkedIn Facebook

LendingTree Launches its Personalization Platform to Help Consumers Save

By David Penn Posted on May 12, 2015
Categories: FinovateSpring 2015, LendingTree

This post is part of our live coverage of FinovateSpring 2015.

Our next presenter is LendingTree with its personalization platform to help consumers save.

My LendingTree is a personalization platform with a dashboard to view all credit-related accounts. Using a proprietary, intelligent savings and recommendation engine, LendingTree alerts consumers when an opportunity emerges to save money, based on real-time data on the LendingTree network.

My LendingTree presenters: Nikul Patel, CTO, CPO; Gabe Dalporto, CMO, president

Product Launch: May 2015

Metrics: Employees: 220; Market Cap:$496.53M; stock price: $47.00 per share as of market close 2/25/15, up over 35% year-over-year; partnerships: more than 350 active lenders, including Wells Fargo, Prosper Marketplace, Lending Club, Quicken Loans, Discover, and more. To date, we’ve facilitated more than 35M loan requests and almost $300B in closed-loan transactions.
Product distribution strategy: Direct to Consumer (B2C), Direct to Business (B2B), through financial institutions, through other fintech companies and platforms, licensed.

HQ: Charlotte, North Carolina
Founded: N.A.
Website: lendingree.com
Twitter: @LendingTree

Share this:

Send Post Twitter LinkedIn Facebook

Karmic Labs Launches Dash to Give Employees Access to Corporate Funds

By Julie Muhn (@julieschicktanz) Posted on May 12, 2015
Categories: FinovateSpring 2015, Karmic Labs

This post is part of our live coverage of FinovateSpring 2015.

Karmic Labs debuted Dash:

Through a single app, Dash allows employees of companies and organizations to dynamically gain access to corporate funds through various mechanisms configured to the entity. Dash also handles all expense management at no cost and in real-time, so no more time delays or need for third-party solutions. The API-based Dash marketplace also enables additional financial services. The service functionality is available directly to businesses via Dash, as well as through participating financial institutions via a partner of Karmic Labs.

Presenters of the Dash app: Ryan Weidenmiller, CEO; Chris Agerton, CTO; Troy Land, emerging commerce, FIS

Product Launch: Limited beta, December 2014; open beta, April 2015

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

HQ: San Francisco, California
Founded: January 2014
Website: getdash.io
Twitter: @getdashnews

Share this:

Send Post Twitter LinkedIn Facebook

Stratos’ Bluetooth Connected Card Digitizes the Card Issuance System

By Julie Muhn (@julieschicktanz) Posted on May 12, 2015
Categories: FinovateSpring 2015, Stratos

This post is part of our live coverage of FinovateSpring 2015.

Stratos debuted its digital card issuance platform:

Stratos is reinventing your wallet and cards like the iPod and iTunes reinvented your CD collection. Stratos consolidates your debit, credit, loyalty and gift cards into one dynamic card. Stratos Card works in conjunction with Stratos Digital Card Issuance Platform which will debut virtual card issuance, allowing cards to be downloaded instantly, digitizing the physical fulfillment system that issues billions of cards in the U.S. The platform analyzes card-usage trends and interactively engages card members. Stratos works with the mobile lockscreen, making real-time location or history-based suggestions, and offers patented security card-lockdown and insights for a superior customer experience. Its dual stripe technology ensures 100% compatibility with existing card-acceptance infrastructure.

Presenters: Co-founders Thiago Olson, CEO; Henry Balanon, CTO

Product Launch: The Stratos Card began shipping to consumers in April 2015; however, the Stratos Digital Card Issuance Platform is being announced and demonstrated for the first time at FinovateSpring 2015.

Metrics: Stratos has raised over $7M in funding to-date. The company has more than 50 employees, contractors, consultants and overseas manufacturing teams.
Product distribution strategy: Direct to Consumer (B2C), Direct to Business (B2B)

HQ: Ann Arbor, Michigan
Founded: 2012
Website: stratoscard.com
Twitter: @StratosCard

Share this:

Send Post Twitter LinkedIn Facebook

TickerTags Connects Trending Social Content to Investable Companies

By David Penn Posted on May 12, 2015
Categories: FinovateSpring 2015, TickerTags

This post is part of our live coverage of FinovateSpring 2015.

Our next demonstration comes courtesy of TickerTags. The company helps investors spot opportunities in the market by connecting trending themes with underlying companies and stocks:

TickerTags is a public taxonomy comprised of 250,000 keywords and phrases (tags) that are associated to 8,000 public tickers. The TickerTag library is monitored by select crowd-sourced investors who leverage their knowledge to help refine, broaden, and update tags across sector and stocks. Frequency and sentiment of tag-mentions across conventional news and social channels are historically indexed for benchmarking, comparison, charting, and alerting. The TickerTags taxonomy evolves news monitoring from view-limited tickers to social-monitored tags that serve to parse the world’s data streams without human bias.

TickerTags’ presenters: Co-founders Chris Camillo, CEO; Jordan McIain, CTO

Product Launch: May 2015

Metrics: $2M raised; 10 employees
Product distribution strategy: Direct to Consumer (B2C), Direct to Business (B2B), through financial institutions, through other fintech companies and platforms, licensed.

HQ: Dallas, Texas
Founded: August 2013
Website: tickertags.com
Twitter: @tickertags

Share this:

Send Post Twitter LinkedIn Facebook

Ondot Systems’ CardConnect Enables Consumers and Banks to Converse in Real Time

By Julie Muhn (@julieschicktanz) Posted on May 12, 2015
Categories: FinovateSpring 2015, Ondot Systems

This post is part of our live coverage of FinovateSpring 2015.

Ondot Systems launches its CardConnect solution:

CardConnect utilizes the smartphone app and location, and transaction context, to establish an instant communication channel enabling financial institutions and consumers to converse in real-time.

• Card Issuers can notify at-risk cards to consumers and set higher level of controls
• Card Issuers can request consumers to confirm any transaction in real-time
• Consumers can initiate transaction disputes from their mobile device
• Consumers can set travel notifications, and card issuers can automatically update notifications using location tracking on consumers’ phones
• Consumers can rate transactions, and card issuers can use aggregate ratings to create personalized contextual offers

Presenter of the CardConnect solution: Vaduvur Bharghavan, CEO, Ondot

Product Launch: May 2015

Product distribution strategy: Through financial institutions

HQ: San Jose, California
Product Demoed: CardConnect
Website: ondotsystems.com

Share this:

Send Post Twitter LinkedIn Facebook

Mitek Showcases New Mobile Photo Account Opening Capabilities

By Julie Muhn (@julieschicktanz) Posted on May 12, 2015
Categories: FinovateSpring 2015, Mitek

This post is part of our live coverage of FinovateSpring 2015.

Mitek showcased its guaranteed ID authenticity validation technology:

Mitek is showing how to improve funnel metrics and double the number of accounts booked with Mobile Photo Account Opening for Mobile Web. Then we’ll showcase our new, instant, and guaranteed ID-authenticity-validation technology, which is a key to the future of mobile identity proofing.

Presenters: Michael Nelson, VP, business development; Sarah Clark, VP, product

Product Launch: Georgia, fall 2015

Metrics: Our technology is used by more than 47M users of 3,300 banks. Mitek has 60+ employees; 8,186 average web sessions per month; 2014 revenue of $19M.
Product distribution strategy: Direct to Business (B2B), through fintech companies and platforms

HQ: San Diego, California
Founded: January 1985
Website: miteksystems.com
Twitter: @MitekSystems

Share this:

Send Post Twitter LinkedIn Facebook

MoneyAmigo Delivers Traditional Banking Products in a Non-Traditional Way

By Julie Muhn (@julieschicktanz) Posted on May 12, 2015
Categories: FinovateSpring 2015, Money Amigo

This post is part of our live coverage of FinovateSpring 2015.

MoneyAmigo showed how its serves underserved markets:

MoneyAmigo fuses a simple user experience with innovative and sophisticated “in-chat” peer-to-peer payments – crossing any boarder in 3 clicks, 3 seconds. By providing basic banking functionality—bank account, debit card, bill payment and direct deposit—for free, along with an innovative peer-to-peer payment platform, MoneyAmigo provides financial control for those who are un/underbanked. MoneyAmigo breaks the rules of traditional banking by providing users an easy-to-understand, interactive app to manage their money needs in a straightforward and respectful manner. MoneyAmigo makes managing money fast, fair and friendly.

MoneyAmigo presenter: Founder Kim Norland, CEO

Product Launch: May 2015

Metrics: $300,000 raised; 7-person dedicated team, lead by Kim Norland. Team part of design:success—international innovation firm.
Product distribution strategy: Direct to Consumer (B2C), licensed

HQ: Las Vegas, Nevada
Founded: January 2015
Website: moneyamigo.com
Twitter: @moneyamigo

Share this:

Send Post Twitter LinkedIn Facebook

3E Software’s Teslar Creates Efficiencies in Lending and Credit Management

By Julie Muhn (@julieschicktanz) Posted on May 12, 2015
Categories: 3E Software, FinovateSpring 2015

This post is part of our live coverage of FinovateSpring 2015.

3E Software debuted Teslar, a product that fosters efficiency for financial institutions:

Teslar is a revolutionary lending and credit management Software-as-a-Service solution that empowers bankers to be more efficient and effective by giving them a cradle-to-grave platform. With its ability to help in almost all facets of lending, from pipeline and call activity to loan review, there is little that Teslar can’t do.

Teslar presenters: Joe Ehrhardt, 3E president, CEO; David Ankeny, VP software development

Product Launch: December 2008

Metrics: Self-funded and boot-strapped with $2,000 in capital; 100% employee-owned; 5-year annual average revenue growth rate over 150%
Product distribution strategy: Direct to Business (B2B)

HQ: Fayetteville, Arkansas
Founded: July 2008
Website: 3esoftware.com

Share this:

Send Post Twitter LinkedIn Facebook

Hip Pocket Launches Version 2.0 of its Mortgage Comparison Platform

By David Penn Posted on May 12, 2015
Categories: FinovateSpring 2015, Hip Pocket

This post is part of our live coverage of FinovateSpring 2015.

The team from Hip Pocket demoes version 2.0 of its mortgage-comparison solution:

Our mortgage-comparison product first launched in July of 2014, and we’re releasing our second version of the software here at FinovateSpring. After collecting eight simple data points from the consumer, this unique application accesses relevant peer data as well as the financial institution’s current rates to show the consumer where she ranks compared with her peers and what to do about it. This product delivers a relevant savings analysis for the customer (something they want); more loans for the institution (something you want); and increased trust and engagement between the two parties.

Presenters: Mark Zmarzly, CEO and founder; Todd Cramer, digital experience and design

Product Launch: Version 2.0 is debuting at FinovateSpring; V1.0 launched July 2014.

Metrics: $85,000 raised; 3 employees
Product distribution strategy: Through financial institutions, through other fintech companies and platforms, licensed

HQ: Lincoln, Nebraska
Founded: June 2013
Website: hippocket.net
Twitter: @BankMarketing

Share this:

Send Post Twitter LinkedIn Facebook