FinovateEurope Sneak Peek: FinTecSystems

Screen Shot 2017-01-17 at 12.49.00 PM

FE2017-V2-wdateA look at the companies demoing live at FinovateEurope on the 7 and 8 of February 2017 in London. Pick up your tickets today and save your spot.

FinTecSystems provides financial institutions such as banks with real-time financial data analysis that creates an accurate overview of a consumer’s financial situation and creditworthiness.

Features

  • The loan application process is reduced from weeks to minutes
  • Information is gathered from online banking accounts
  • The system identifies and categorizes the transaction history of the consumer in real-time

Why it’s great
Its powerful solution demonstrates that the digital transformation in the banking sector only works if both banks and fintechs cooperate and benefit from each other.

PresentersScreen Shot 2017-01-17 at 12.59.14 PM

Martin Schmid, Chief Sales Officer
Schmid is former director commercial operations DACH for Klarna/SOFORT. He successfully established distinctive inside sales profit center and processed more than 35,000 merchant acquisitions.
LinkedIn

Maximilian Eberhardt, Manager Business DevelopmentScreen Shot 2017-01-17 at 12.59.25 PM
After studies of economics, sociology, and linguistics Eberhardt worked as a headhunter performing executive search for financial services. Eberhardt is now responsible for business development.
LinkedIn

Finovate Alumni News

On Finovate.com

Around the web

  • First Oklahoma FCU to deploy core account processing technology from Fiserv.
  • Yoyo unveils marketing automation platform, Yoyo Engage, at Davos.
  • Misys adds crowdlending module to FusionBanking platform.
  • United Nations FCU chooses digital banking platform from Jwaala.
  • OnDeck and payment solutions provider WEX team up to provide small business financing.
  • ABA Banking Journal column on biometric authentication features Daon and EyeVerify.

This post will be updated throughout the day as news and developments emerge. You can also follow all the alumni news headlines on the Finovate Twitter account.

Finovate Alumni News

On Finovate.com

  • Fintech Favorites: Token and Fidor Pilot Payments Project; Meet Miss Kaya: Singapore’s First Women-Centered Robo Advisor.
  • EVRY Inks Five-Year Core Banking Agreement with Fana Sparebank.

Around the web

  • Alfa Bank and S7 Airlines test service payment transaction processing using blockchain-based smart contracts.
  • WalesOnline recognizes Wealthify in its feature on Welsh firms “likely to have a very good 2017.” Join Wealthify in London for FinovateEurope in February.
  • The Wild Wong looks at money saving strategies with Qapital.
  • PwC and Supply Chain Finance Community launch SCF Barometer to better understand the development of supply chain finance industries.
  • FinTecSystems opens office in Spain. See FinTecSystems at FinovateEurope in London in February.
  • North Dakota State University using Passport for campus parking.
  • Nerd Wallet names Wealthfront and Betterment best overall robo advisors.
  • India-based Axis Bank to use Ripple’s network for cross-border transactions.
  • NopSec named finalist in 13th Annual Info Security PG’s 2017 Global Excellence Awards.

This post will be updated throughout the day as news and developments emerge. You can also follow all the alumni news headlines on the Finovate Twitter account.