FinovateSpring Sneak Peek: Lleida.net and SATEC

Lleidanet_homepage_April2017

FS2017-Logo(rev)V1A look at the companies demoing live at FinovateSpring on April 26 & 27 in San Jose. Pick up your tickets today and save your spot.

TopayZ is a financial platform supplying a white-label bank for merchants, banks, or collectives, providing its customers with a virtual banking enabler.

Features

  • White-label bank for merchants without compliance requirements
  • Banks can create new prescription channel
  • Registered and certified transactions issued by Lleida.net as trusted third party

Why it’s great
Get your own bank in three weeks for collectives and merchants without banking compliance requirements.

Lleidanet_SiscoSapenaPresenters

Sisco Sapena, CEO
Sapena studied technical agricultural engineering and holds a postgraduate degree in Telematics. He is one of Spain’s internet pioneers and takes Lleida.net around the world, always focusing on innovation.
LinkedIn

 

Lleidanet_AlexArgudoAlex G. Argudo, TOPAYz CEO and Head of Banking and Insurance at SATEC
Argudo studied at HBS, Berkeley, and MIT in Business and Technology. He is a former executive at Santander.
LinkedIn

FinovateSpring Sneak Peek: RFM

RFM_homepage_April2017

FS2017-Logo(rev)V1A look at the companies demoing live at FinovateSpring on April 26 & 27 in San Jose. Pick up your tickets today and save your spot.

RFM provides the new risk architecture for lenders of all sizes. With unprecedented situational awareness of risk exposure/reserve needs, users of the technology can run scenarios, simplify regulatory compliance, and rapidly deploy models.

Features

  • Stress Testing automation simplifies regulatory compliance
  • Production deployment of models reduced from months to days
  • ‘Model Injection’ integration means no complex re-engineering required

Why it’s great
‘Risk Cockpits’ reduce the cost and effort of stress testing and regulatory compliance. ‘Model Injection’ integrates model engine with credit systems so updates propagate instantly and automatically.

RFM_NIckStavrouPresenters

Nick Stavrou, Managing Director
Stavrou is former Executive Director at Goldman Sachs, Global Head of Credit Models at National Australia Bank, founder of risk consulting firm Q-Risk Strategies, and co-founder of RFM.
LinkedIn

 

RFM_MarkZangariMark Zangari, CTO
Zangari is a software innovator and senior executive with 25 years experience. He is formerly CTO of Spatialinfo, launching U.S. division in 2000, was co-founder and CEO of modeling/machine learning firm Quantellia since 2010, and joined RFM in 2016.
LinkedIn

FinovateSpring Sneak Peek: TALK Accounting

AutoKept_TalkAccounting_homepage_April2017

FS2017-Logo(rev)V1A look at the companies demoing live at FinovateSpring on April 26 & 27 in San Jose. Pick up your tickets today and save your spot.

The new TALK app from AutoKept is the first AI and voice recognition add-on to popular software that wipes out 90% of daily bookkeeping and tax records for small businesses.

Features

  • Documents go directly into QuickBooks
  • AI understands a voice memo about transactions to code automatically
  • Platform captures the purpose of the transaction so books are done right, instantly

Why it’s great
TALK Accounting is the easiest and cheapest bookkeeping app available for business owners who want good books done automatically at a fraction of the normal labor cost.

TALKAccounting_KCTrubyPresenter                                  

KC Truby, President
Truby started his first bookkeeping business in 1968. Watching his clients struggle with finances inspired him to create the TALK accounting app.
LinkedIn

FinovateSpring Sneak Peek: Capsilon

Capsilon_homepage_April2017b

FS2017-Logo(rev)V1A look at the companies demoing live at FinovateSpring on April 26 & 27 in San Jose. Pick up your tickets today and save your spot.

Capsilon transforms the speed and economics of the mortgage production process by leveraging intelligent automation to transform your existing mortgage process into a modern digital mortgage factory.

Features

  • Order of magnitude velocity improvement in both speed and costs
  • Optimal workflows based only exception-only handling
  • Highest integrity processes that are repeatable, scalable

Why it’s great
Capsilon powers the shift to a high-velocity, digital mortgage factory with intelligent process automation.

Presenters

Ted Hicks, Director of Product Management

Sanjeev Malaney, CEO

Revealed: The Full Presenter Roster for FinovateSpring 2017

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As we approach the home stretch with just two weeks to FinovateSpring 2017, we’re thrilled to announce the full presenter roster. This list includes 60 presenting companies and 420 minutes of the most cutting-edge innovations in fintech—all in just two days.

The full presenter roster is on our website and below:

To get an inside look into our presenting companies and their innovations, check out our sneak peek blog series that we’ll continue to update before the event takes place on April 26 & 27.

FinovateSpring will also conclude with our first ever panel! Our panelists will recap the key demos and help put the innovations on display into a broader context. Stay tuned on our agenda page once more details become available.

We hope you’ll join us for Finovate’s tenth event in the Bay Area to witness these innovative companies and our first ever closing panel. Tickets are on sale at finovatespring2017.eventbrite.com. The event is coming up quickly, so get your ticket soon!

Over 50? Welcome to the New Frontier of Fintech!

Guest post by Theodora Lau, Director of Enterprise Strategy and Innovation at AARP, a sponsor of FinovateSpring 2017. Originally published April 4.

Update: Check out a copy of AARP’s April 2017 Financial Innovation Frontiers report online.

The financial services industry has shown no shortage of enthusiasm for the millennial generation, with banks and startups all clamoring to be the first to understand and serve the needs of the young digital natives and the mobile first generation.

But what about the rest of Americans?

Meet the most financially challenged generation in American history. There are over 111 million Americans aged 50 and older, confronting a financial future with high anxiety, great struggle, and kitchen table economics that are more complex than any generation has ever faced. Financial decisions are numerous and amplified in importance with longevity. Much is at stake.

Many of these consumers are financially exposed and ill-prepared in three critical areas where financial innovators can have a transformative impact:

  • Financial fitness
  • Healthcare emergencies
  • Retirement readiness

Although the 50-plus community represents only 35% of the entire U.S. population, they account for $116.8 billion in revenue in 2017 for the traditional banking industry. They are avid users of digital tools, services, and products, and they are increasingly finding that their needs are not met by the bank offerings alone. As a result, they are turning to alternative financial services and products. For 2017, AARP forecasts the 50-plus consumers will spend $15.3 billion in the fast-emerging alternative financial services sector.

To win over this market, innovators need to:

  • Remove friction from the user experience
  • Improve customer service
  • Proactively deliver personalized insight and advice
  • Transform consumer financial anxiety into digital empowerment
  • Influence regulatory change and financial policy to encourage healthy digital disruption

Americans approaching retirement have the most to gain from financial innovation for one simple reason: They must make crucial financial decisions. Only one in four 50-plus consumers is highly confident they can meet their financial needs in the next five years.

So the opportunity is clear: Ignoring these needs translates to leaving money on the table. The financial services industry must rethink how it delivers financial services that are useful for the 50-plus consumers. It must find a way to proactively engage them more deeply, and leverage digital tools to put the “personal” into “personal finance”, with one-to-one insight, advice, and recommendations.

The clock is ticking.


*The above is an executive summary of the new Financial Innovation Frontiers Report, produced by Javelin Strategy & Research and AARP. The full report will be released at the 6th Annual Innovation@50+ LivePitch event at Mountain View, CA, on April 13. Engage with thought leaders, entrepreneurs, investors and AARP consumers for a day of FinTech panel discussion and startup pitches. Register at our event page Innovation@50+ with comp code AARP2017 for friends of Finovate.

*The full report will also be available for attendees at FinovateSpring 2017, April 26 & 27, where AARP is a sponsor.

For more information about AARP’s technology innovation initiatives and how AARP spark innovation in the marketplace for the benefit of people over 50, please visit Innovation@50+.

FinovateSpring Sneak Peek: MapD

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FS2017-Logo(rev)V1A look at the companies demoing live at FinovateSpring on April 26 & 27 in San Jose. Pick up your tickets today and save your spot.

MapD is a next-generation database and visualization layer that harnesses the parallel power of GPUs to explore multi-billion row datasets in milliseconds.

Features

  • Faster time-to-insight
  • Better economics at every level
  • Scalable over multiple servers

Why it’s great
Having the capacity to look across at billions of data points and assess opportunity or validate hypotheses has made MapD the weapon of choice for hedge funds and investment banks alike.

Screen Shot 2017-04-10 at 3.29.20 PMPresenter

Todd Mostak, CEO & Founder
Mostak conceived of the idea of using GPUs to accelerate the extraction of insights from large datasets while conducting his Harvard Graduate research on the role of Twitter in the Arab Spring.
LinkedIn


Check out more sneak peeks of what to expect at FinovateSpring on April 26 & 27 in San Jose.

FinovateSpring Sneak Peek: Horizn

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FS2017-Logo(rev)V1A look at the companies demoing live at FinovateSpring on April 26 & 27 in San Jose. Pick up your tickets today and save your spot.

Horizn’s mobile platform dramatically accelerates market adoption of new products and digital technology for financial services companies at enterprise scale.
Features
  • Used by employees, sales forces, and customers
  • Digitizes learning, micro-learning, social technology, gamification, and robust analytics
  • Increases employee performance, drives customer adoption and sales
Why it’s great
With banks, Horizn significantly accelerates the process of taking innovations to market, resulting in 85% employee adoption and a 20% increase in mobile platform usage.Screen Shot 2017-04-10 at 3.38.29 PM
Presenters
Janice Diner, CEO Founding Partner
LinkedInScreen Shot 2017-04-10 at 3.38.38 PM
Robin Dindayal, SVP Product Management
LinkedIn

Check out more sneak peeks of what to expect at FinovateSpring on April 26 & 27 in San Jose.

FinovateSpring Sneak Peek: Onist

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FS2017-Logo(rev)V1A look at the companies demoing live at FinovateSpring on April 26 & 27 in San Jose. Pick up your tickets today and save your spot.

Onist will introduce the world’s first consumer-centric virtual family office platform. Financial management just got easier, smarter, and more collaborative.

Features

  • Use the PFM platform to drive profits for families and professionals
  • Unite data, documents, and people to make financial management easy
  • Collaborate intelligently with all corners of your financial network

Why it’s great
Onist is the only PFM platform that responds to the needs of both the financial consumer and the professionals that serve them. Finally, the digital client portal your customers are asking for.

PresentersScreen Shot 2017-04-10 at 4.56.50 PM

Ari Brojde, Co-Founder
As a private wealth advisor at two of the world’s largest banks, ­­Brojde left his corner office to create a financial management platform that was truly collaborative and customer-centric.
LinkedIn

Brad Kotansky, Co-FounderScreen Shot 2017-04-10 at 4.57.41 PM
A Wall Street veteran and serial investor in several successful startups, Kotansky has doubled-down on the future of collaborative, financial management.
LinkedIn


Check out more sneak peeks of what to expect at FinovateSpring on April 26 & 27 in San Jose.

FinovateSpring Sneak Peek: Capitalise

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FS2017-Logo(rev)V1A look at the companies demoing live at FinovateSpring on April 26 & 27 in San Jose. Pick up your tickets today and save your spot.

Capitalise applies natural language to turn investment ideas into auto-executable, back-tested and optimized investment strategies.

Features

  • Use natural language to create auto-executable investment strategies with unlimited data sources
  • Back-test and optimize investment performance with one click
  • Create robo-advisers that fully automate

Why it’s great
Capitalise reinvents the trading experience by using natural language and any data source to create back-tested investment strategies to empower robo-advisers that fully automate portfolio management.

Presenters

Shahar Rabin, CEO
LinkedIn

Amir Shiovich, CTO
LinkedIn


Check out more sneak peeks of what to expect at FinovateSpring on April 26 & 27 in San Jose.