FinovateSpring Sneak Peek: Wealthucate

A look at the companies demoing live at FinovateSpring on May 8 through 11, 2018 in Santa Clara, California. Register today and save your spot.

Whether you want to improve the participation rate of benefits, help employees solve financial challenges, or personalize benefit offerings, Wealthucate is your automated solution.

Features

  • Employer dashboard provides insights and metrics
  • Personalized and actionable advice in under one minute
  • Financial wellness score to inspire and track progress

Why it’s great
Wealthucate is a game changer. Because the approach is data-driven, it not only significantly reduces the time to provide actionable advice, it also increases engagement with company resources.

Presenter

Faruk Jaffer, CFP, ChFC, Founder
Jaffer brings two decades of financial wellness and fintech experience from companies like Google, Edward Jones, and Intuit.
LinkedIn

FinovateSpring Sneak Peek: Status Money

A look at the companies demoing live at FinovateSpring on May 8 through 11, 2018 in Santa Clara, California. Register today and save your spot.

Status Money is the first platform that gives everyone the power to anonymously compare their spending, interest rates, and all other aspects of their finances.

Features

  • See how your finances compare with your peers
  • Get personalized insights and offers
  • Track your credit report, interest rates, and all your accounts

Why it’s great
Status is shattering the money taboo and giving everyone the power to compare their finances and make smarter financial decisions.

Presenters

Majd Maksad, Founder and CEO 
Maksad is the founder and CEO of Status Money, and was previously the head of decision management for Citi Global Digital Payments in New York.
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Korash Hernandez, Co-Founder and COO
Hernandez is the co-founder and COO of Status Money, and was previously an executive at Citi Cards and Goldman Sachs.
LinkedIn

FinovateSpring Sneak Peek: Mr. Cooper

A look at the companies demoing live at FinovateSpring on May 8 through 11, 2018 in Santa Clara, California. Register today and save your spot.

Mr. Cooper, a leading home loan company servicing more than three million customers, is reimagining the homeownership experience with a mobile app to help consumers optimize debt.

Features

  • Gain insight into home value and home equity
  • Automatically analyze debt and discover savings opportunities
  • Connect live via video with a Mr. Cooper Expert

Why it’s great
The Mr. Cooper app helps homeowners optimize their debt and realize savings opportunities that would otherwise require tons of manual work and deep expertise.

Presenters

Kevin Dahlstrom, Chief Innovation and Marketing Officer
During his 20-year career, Dahlstrom, Chief Marketing Officer at Mr. Cooper, has led major marketing, product development, and e-commerce initiatives for major financial organizations.
LinkedIn

 

Ryan LaMountain, Product Manager, Mobile
LaMountain is the Mobile Product Manager at Mr. Cooper. He leads a lean team of developers to deliver best-in-class iOS and Android digital experiences.
LinkedIn

FinovateSpring Sneak Peek: Fiserv and Samsung SDS

A look at the companies demoing live at FinovateSpring on May 8 through 11, 2018 in Santa Clara, California. Register today and save your spot.

Fiserv has teamed up with Samsung SDS to integrate biometric authentication and digital collaboration tools in its award-winning Commercial Center: Security.

Features

  • A simpler and faster authentication experience that eliminates the need to remember complicated passwords
  • FIDO-certified Public Key Biometrics
  • Real-time collaboration for enhanced productivity

Why it’s great
Samsung SDS biometric authentication and digital collaboration solutions improve security and user experience for Fiserv Commercial Center: Security customers.

Presenters

Scott Graf, VP Technology
Graf is an experienced technologist with a demonstrated history of working in the financial services industry to develop innovative software solutions.
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Richard Lobovsky, VP Enterprise Solutions
Lobovsky is a senior business development executive with extensive wireless industry experience focused on secure mobility in financial services.
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FinovateSpring Sneak Peek: Averon

A look at the companies demoing live at FinovateSpring on May 8 through 11, 2018 in Santa Clara, California. Register today and save your spot.

Averon is the world’s first fully automatic and ultra-secure mobile identity authentication standard. Averon MagicFill provides magically easy, conversion-increasing form fill solutions.

Features

  • Averon’s MagicFill converts prospects using real-time mobile data
  • The ultra-secure technology breezes users through signup and checkout
  • The solution confirms user identity in real-time, increasing lead quality

Why it’s great
Averon’s MagicFill provides a seamless boost to conversion funnels, which can otherwise be like obstacle courses with lengthy, difficult forms to populate, especially on mobile.

Presenters

Tom Green, EVP
Green has deep experience in financial services and technology. He has worked with numerous technology companies ranging from startups to the Fortune 100. Currently, he is EVP at Averon.
LinkedIn

Is Voice the Next UI?

As the titans dominate the smart speaker landscape, Theodora (Theo) Lau — Innovator Technologist and Connector at Unconventional Ventures — discusses what the future might look like for fintech, financial institutions and brands. Join Theo and other panelists for the session titled “Is the future digital interface voice activated?” at the upcoming FinovateSpring in Santa Clara, May 8 through 11, 2018.

Advances in voice recognition have fueled substantial growth in virtual assistants and their applications the past few years. According to the latest “Smart Speaker Consumer Adoption Report” released by Voicebot.ai in March 2018, “19.7% of U.S. adults have access to smart speakers today. That is up from less than 1% of the population just two years ago.” Unsurprisingly, Amazon dominates the market share at 71.9%, with Google running at a distant second at 18.4%. With consumers becoming more comfortable with the devices, nearly two-thirds of device owners now use them daily and over three-quarters at least weekly. According to Invoca’s study titled “The Rise of Voice,” it is estimated that the voice opportunity will be worth $18 billion by 2023. Voice has become an important new battleground for brands as they seek to differentiate themselves. It is no wonder that financial institutions are rushing to experiment with the new prospect: Bank of America, Capital One, Royal Bank of Canada (RBC), USAA, U.S. Bank, and Charles Schwab are amongst the many that have announced initiatives leveraging voice technology.

Interestingly, unlike most new digital technologies, users of these virtual assistants are not dominated by just the youngest demographic, but rather, those aged between 33 and 45. And according to Capgemini, 28% of users of voice assistants have already been adopting them for making payments and sending money. It is also predicted that, three years from now, 31% of consumers will use voice assistants instead of visiting a bank branch. Saturday Night Live joined in the hype with a skit on “Silver Echo,” re-imaging how an Echo-like device designed for older adults would behave.

Finovate_Twitter Chat_Theodora (Theo) Lau — Innovator Technologist and Connector at Unconventional Ventures

So far, the use cases in financial services have been limited to more basic interactions such as checking account balance, paying bills, and monitoring spending. The next frontier will be to provide more personalized solutions, help consumers make the right financial decisions, and guide them seamlessly between different interfaces (voice/screen). Security must be the top focus for institutions looking to embark on their voice strategy. AI needs to be advanced enough to understand the context and nuances of human dialogues. Most of the virtual assistants still struggle to understand different accents, for example. Given the diversity of our population, this must be resolved to avoid frustrating first time users and for the technology to gain wider appeal.

While we are not (yet) at the stage where we can carry out meaningful conversations with our new digital companions, I believe the potential is there. Talking is also much more liberating when you are no longer constrained by the menu choices in front of you.

What can be done is up to us. Let’s dare to dream.

THEODORA (THEO) LAU_FinovateSpring_Voice Technology

FinovateSpring Sneak Peek: Project Finance

A look at the companies demoing live at FinovateSpring on May 8 through 11, 2018 in Santa Clara, California. Register today and save your spot.

Project Finance is a personal finance management and decision-making application that shows you the future of your finances based on the spending and saving choices you’re making today.

Features

  • See the future of your bank account based on your spending and saving behavior
  • Explore the scenarios and tradeoffs you can make with your money
  • Get insight designed to maximize your wealth

Why it’s great
Good spending and saving behavior starts with being confident in your ability to meet future obligations. Project Finance is designed to help you understand your future and the actions you can take today.

Presenter

Colby Ross, Co-Founder & CEO
Ross is a finance geek and product designer, and he’s building a company he’s always wished existed.
LinkedIn

FinovateSpring Sneak Peek: Covered Security

A look at the companies demoing live at FinovateSpring on May 8 through 11, 2018 in Santa Clara, California. Register today and save your spot.

In a world of constant breaches, what if protecting your online life was easy and rewarding? Covered Security motivates and empowers consumers to improve security – and creates a digital opportunity for banks.

Features

  • Gamified identity theft risk assessment and education
  • Personal assistant for online security and alerts
  • Simple, automated guidance to reduce your risk of identity theft

Why it’s great
In the face of skyrocketing cybercrime, you are not powerless. Covered helps you take control of your digital identity to avoid the time and hassle of identity theft.

Presenters

Christopher Zannetos, CEO
Zannetos has founded and led security companies to be profitable, visionary leaders – generating more than $300 million in revenue. He’s also a passionate supporter of STEM education to battle poverty.
LinkedIn

Brian Milas, CTO
Milas has architected market-leading products that serve tens of millions of users worldwide, making security simple and fast. Though far from his roots, he retains his Midwestern good nature.
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FinovateSpring Sneak Peek: 280 CapMarkets

A look at the companies demoing live at FinovateSpring on May 8 through 11, 2018 in Santa Clara, California. Register today and save your spot.

280 CapMarkets‘ BondNav technology platform provides a fully transparent, modern way for investment advisors to search, compare, and transact from a broad universe of bonds.

Features

  • Has access to thousands of wholesale bond offerings
  • Offers pre-trade price transparency that helps advisors compare and trade with confidence
  • Supports the best execution requirements with 280 Best X documentation

Why it’s great
BondNav levels the playing field for independent investment advisors in the fixed income markets, providing a simpler way to buy, sell, and manage bonds.

Presenters

Gurinder S. Ahluwalia, CEO
Ahluwalia has 25+ years of operating and financial services experience, most recently in wealth management. Previously, he was President and CEO of AssetMark.
LinkedIn

Prescott Nasser, Chief Technology Officer
Nasser has more than 15 years of technology experience, building financial services software and teams. He was previously VP of Engineering at Vouch Financial.
LinkedIn

Dave Rudd, Managing Director, Co-Head of Institutional Sales Rudd is a 20-year veteran of institutional fixed income sales and trading, and one of the visionaries behind 280 CapMarkets.
LinkedIn

FinovateSpring Sneak Peek: Eltropy

A look at the companies demoing live at FinovateSpring on May 8 through 11, 2018 in Santa Clara, California. Register today and save your spot.

Eltropy empowers financial firms to engage clients across messaging apps such as iMessage, Facebook Messenger, WhatsApp, and WeChat, to grow revenue rapidly.

Features

  • Offers a messaging-based customer engagement and sales solution
  • Uses AI to predict client buying behavior
  • Provides predictions banks can leverage to follow-up with the right clients at the right time with the right product

Why it’s great
Messaging + AI is the future of customer communication for financial institutions. And that’s where Eltropy comes in – they enable financial firms to engage their clients over messaging.

Presenters

Ashish Garg, CEO and Founder
An MBA graduate from the Wharton School and BITS Pilani, Garg has spent his career in defining and launching technology products that grow revenue.
LinkedIn

Troy Pittock, VP Financial Services
Pittock leverages his deep background in sales and marketing leadership to help customers drive and increase revenues through Eltropy’s messaging-based sales engagement platform.
LinkedIn