Finovate Alumni News– December 9, 2013

  • Thumbnail image for Finovate-F-Logo.jpgAzimo CEO Michael Kent talks about his company’s partnership with The Currency Cloud.
  • Realty Mogul named one of the 18 best startups of 2013 by Business Insider.
  • Bob’s Guide looks at Comarch survey to determine SMB satisfaction with business banking.
  • American Banker reports: Fiserv Releases Financial Crime Risk Platform.
  • 1to1 media features insights on customer service innovation from NICE Systems and GMC Software Technology.
  • Business Standard reviews Hello Wallet’s smartphone app.
  • NFC chip from DeviceFidelity earns commendation in this Forbes column on mobile banking.
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– November 25, 2013

  • Finovate-F-Logo.jpgAtos to become preferred partner for one of the largest Islamic banks in the world for their solution based Backbase.
  • Yseop Artificial Intelligence Software honored as French National Champion for European Business Awards.
  • Moven, Meniga, GoBank, mBank, MoneyDesktop, BBVA Compass, and CaixaBank make Marous’ “Digital Banking Nirvana”.
  • American Banker review of new research on e-statement adoption notes role of Check and GMC Software Technology.
  • Charitable givers now able to use Square Cash to donate via Bright Funds.
  • ACI Worldwide extends ATM-powering relationship with VocaLink to 2021.
  • MasterCard now accepted for ATM cash withdrawals at Myanmar’s Ayeyarwady Bank Ltd.
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.

GMC Software Technology Debuts Inspire Research Portal for Investors to Streamline the Wealth Management Process

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This post is part of our live coverage of FinovateAsia 2013.

Coming to the stage for the first of two separate presentations here at FinovateAsia is GMC Software Technology.

“GMC Software Technology is proposing Inspire Research Portal for Investors. Wealth management groups, investment companies and banks have their own team of market researchers who would study the markets and provide their findings to investors on what they could do to secure or enhance their investments. But the current process is too manual and prone to errors. GMC Software Technology has researched and identified that there is a need to streamline this process, as there is no centralized platform or a total solution which could fulfill all these requirements.”
Presenting Matthias Kraaz (Technical Director, APAC) and Kelvin Huang (Assistant Manager, Professional Services)

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Product Launch: November 14, 2013
Product distribution strategy: Direct to Business (B2B)
HQ: Appenzell, Switzerland
Founded: 1994
Website: gmc.net
Twitter: @gmc_net

Paperless Client On-Boarding for Retail Banks Courtesy of GMC Software Technology

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This post is part of our live coverage of FinovateAsia 2013.

Making their way to the stage for the first of two presentations here at Finovate is GMC Software Technology, with their Paperless On-Boarding App.

“An innovative tablet application, enabling a totally paperless client on-boarding process for retail banks. The solution allows banking agents to on-board a client with a proof of identity, photo, signature and more without using any paper processes removing significant cost and time. On completing the process, clients are sent a digital dynamic welcome kit where they can click on different sections, drill down to areas of interest and view all their signed documents electronically. The welcome kit and all documents can be accessed on any PC or mobile device supporting a completely paperless end-to-end client on-boarding process.”
Presenting Antoine Hemon-Laurens (Director, Product Mobile Marketing) and Nick Dempsey (Regional Manager, ANZ)

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Product Launch: November 14, 2013
Product distribution strategy: Direct to Business (B2B)
HQ: Appenzell, Switzerland
Founded: 1994
Twitter: @gmc_net

FinovateAsia 2013 Sneak Peek: Part 4

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FinovateAsia 2013 is coming to Singapore in just over one week. And, just in time, here are the final seven companies who will bring their live demos to the stage.

If you missed the previous three installments of our Sneak Peek preview series, check out the links below.

Our final event of 2013 is only a few weeks away. Get your ticket here to be a part of the audience.


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BehavioSec focuses on innovation in behavioral biometrics.
Features
    • Transparent biometrics for mobile and web 
    • Large deployments 
    • Cost effective, low impact security
Why its great:
BehavioSec provides biometric security with no user experience cost  

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Neil Costigan
Dr Costigan is a cryptography and security expert with over 20 years experience developing security solutions deployed with retail banking in the U.S. and Europe.

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GMC Software Technology’s Inspire Research Portal (IRP) for investors provides a single platform for users to access and replaces all manual processes to automation.
Features
    • Streamlining the process
    • Reducing human errors while increasing productivity
    • Ability to view research reports from multiple platforms
Why it’s great:
IRP will provide a centralized platform for both researchers and approvers to access and perform their job in an interactive and engaging way.  

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Matthias Kraaz
Matthias has been in the customer communication space for many years and is currently looking after all the technical operations of GMC in Asia Pacific.  
LinkedIn
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Kelvin Huang
Working as a Presales Manager in GMC for 2 years, Kelvin specializes in web and mobile communication and is equipped with years of experiences in financial industry.
LinkedIn

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Intuition Intelligence’s end-to-end card linked offers solution delivers super relevant offers to users from a huge volume of offers.

Features:
    • Brings a huge volume of offers from Open-coupon Networks
    • Solve Pains: Volume, Velocity, Variety, Vicinity, Visibility & Value
    • Win-win ecosystem for the Bank, Merchants and Customers
Why it’s great: By learning user intent in click time, we deliver the right offers at right moment via digital channels without spam and friction in pre-and post-login.  

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Arif Ansari
Keynote Speaker for Big Data and predictive analytics, expert in multiple areas of advanced intelligent systems and multiple patent holder.





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Yusuf Ansari
Entrepreneur with track record of achieving #1 market share, visionary in building iconic products and hands-on execution and product management.
LinkedIn


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KlickEx is the world’s most advanced multi-currency payments network – active in 8 countries, SWIFT and UNDP funded – and Asia’s top-ranked Mobile Money platform deployment.
Features:
    • Completed solution to distributed/”crypto”-currency value destruction
    • No need to dis-intermediate Central Banks or regulators
    • Implemented, asset-based store of value – full USD alternative

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Rob Bell
Rob and his award winning team turned the SWIFT and UNCDP funded, World Bank ranked, Pacific inter-bank payment network, into Asia’s top rated mobile money platform in 3 years. Ex HSBC, Stanford, NZX.
LinkedIn

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Brett Waterson
Brett is the multi-award winning architect behind many global trading and banking systems, including the NZ Police Database, and all four NZ bank credit card loyalty programs – and of course, KlickEx.
LinkedIn

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Mambu helps banks, microfinance institutions and financial innovators deliver banking services to individuals and emerging enterprises around the world.
Features:
    • Makes state-of-the-art banking technology accessible to all
    • Eliminates the costs and complexities of traditional core banking
    • Helps financial organisations get new products to market, fast
Why it’s great:
Mambu’s cloud-first Software-as-a-Service solution enables financial organizations of all sizes to rapidly deliver state-of-the-art banking services  

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David Hamilton, president of Mambu

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Eugene Danilkis, CEO and co-founder of Mambu
LinkedIn

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Payoneer simplifies global commerce by providing companies and businesses of all sizes with an innovative, convenient and cost effective solution to send and receive funds worldwide.
Features:
    • Global corporates can transfer funds to over 200 countries and more than 50 currencies 
    • Funds can be received on prepaid cards, local bank accounts, or even local e-wallets 
Why it’s great:
In a borderless world, Payoneer helps SMBs and professionals get paid with minimal friction and the convenience of choosing their preferred financial instrument.

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Oded Zehavi
As CRO, Zehavi is responsible for Payoneer’s sales, marketing and product activities. Prior to joining Payoneer, he served as business development director for PayPal.

TSYSLogoHiRes.jpgTSYSAuthorization Controls allows the a user to set one’s own default account parameters and authorization rules.
Features:
    • Spatiotemporal locks allow user to geo-fence their location
    • Authorization Rules allow you to define spend limits for defined cycles
    • Authorization actions the user to Alert, Decline or Pre-authorize
Why it’s great:
TSYS Authorization Controls reduce risk to the card issuer, merchant and consumer by monitoring transactions in real-time and enforcing responsible spending at the POS.  

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Paul Bridgewater
As Group Executive of Global Product, Paul is responsible for product strategy, product delivery, product marketing and TSYS Innovation across the company. 
LinkedIn

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Chris Colson
As the director of innovation for TSYS, Chris is an 18-year veteran of the payments and financial services industry, having previously served as vice president, product management, of Equifax.  

For more information about how to join us in Singapore, visit our FinovateAsia 2013 page here.

FinovateAsia 2013 Demo Companies Bring Global Innovation to Singapore

FinovateAsia is typically our most globally diverse show, and this year is no different. Two weeks from now, we will showcase 37 demos from companies spanning the globe that are innovating in everything from remittance to small business tools to back office solutions and much more. 

Given that diversity, we thought it would be fun put together a map showing the geographic spread of the demoing companies that will take the stage (click the map to enlarge).

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Here’s the breakdown of the number of companies from each region:

  • Asia: 12
  • Europe: 11
  • North America: 9
  • Africa: 1
  • Oceania: 2
  • Middle East: 2

To refresh your memory, the list of the companies that we’ve hand-picked to show off their new technology at the Max Atria @ Singapore Expo on November 14, include:

  • Advanced Merchant Payments
  • App Annie
  • Arkalogic
  • ArthaYantra
  • Backbase
  • BehavioSec
  • BlueKite
  • BRIDGEi2i
  • CustomerXPs Software
  • DragonWealth
  • GMC Software Technologies
  • i-exceed
  • IND Group
  • Intuition Intelligence
  • KlickEx
  • Kofax
  • LifePAD
  • Luminous
  • Mambu
  • Matchi
  • Mistral Mobile
  • Mobexo
  • Mobino
  • Pangea
  • Payoneer
  • Pixeliris
  • Red Zebra
  • SaaS Markets
  • Serverside
  • Smart Engine
  • TIBCO
  • Tootpay
  • TradeNet
  • TSYS
  • White Label Personal Clouds
  • Yodlee

To see live demos of the new technology, meet the entrepreneurs responsible, and network with others in the industry, get your ticket to FinovateAsia here. If you have questions about the show, check out who is attending or email asia@finovate.com.

Finovate Alumni News– October 29, 2013

  • Finovate-F-Logo.jpgPayfone Brings in $10 Million from Early Warning Systems.
  • Promsvyazbank in Russia Launches PFM-Service, Powered by Meniga.
  • Payments Source: Fiserv Makes a Payments Play for Small Businesses.
  • FinovateAsia 2013 Sneak Peek: Part 3 is up.
  • Trejdify publishes an introduction to Quantopian.
  • GMC Software Technology opens office in Australia. Join them in Singapore next month for FinovateAsia 2013.
  • For the third consecutive year Deloitte nominates Trustly as 1 of Sweden’s Tech Fast 50 companies.
  • Pennsylvania’s Customers Bank embraces mobile bill pay via Mitek-powered PicturePay.
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.

Showing Our Age: A Look at FinovateAsia 2013 Demo Company Launch Timeline

At Finovate, we’ve seen how great innovation comes from companies of all ages. All we have to do is look at the Best of Show winners from FinovateAsia 2012. The founding dates of the winners ranged from 1858 (NAB, the parent company of UBank) to 2012 (SocietyOne).

We don’t know who will win Best of Show at FinovateAsia in Singapore this year, but looking at the launch date of the 37 companies taking the stage November 14, we found a 28-year spread. 

Here they are in reverse chronological order with funding amounts, if disclosed:

2013- 2012
  • BlueKite: 2013
    Total Funding: $1.5 million Seed funding
2011-2008
  • KlickEx: 2011
    Total Funding: $1.3 million
  • Mambu: 2011
    Total Funding: $2 million Series A

2007 or earlier
  • Yodlee: 1999
    Total Funding: $124 million
  • BehavioSec: 1998
    Total Funding: $2 million (€1.5 million)
  • Kofax: 1985
    Public LON: KFX

To learn more about each of these companies, check them out here and come see their live demos in Singapore on November 14.

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All numbers and funding information sourced from Crunchbase.com

What to Expect at FinovateAsia this November

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You may have seen the list of FinovateAsia demoing companies we released a few weeks ago. Here are more details on the 32 companies demoing November 14 at the MAX Atria @ Singapore Expo. Get your ticket here to be part of the crowd.

Stay tuned for our Sneak Peek series next month featuring a behind-the-scenes look at each company and chance meet the innovators.


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Advanced Merchant Payments’ innovative loan management solution enables banks to offer profitable, unsecured, short-term loans to small businesses
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ArthaYantra provides personal financial advice online to everyone irrespective of what they earn
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Backbase brings social media to the bank, and the bank to social media
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BehavioSec has extended its award-winning BehavioMobile solutions to offer policy-based behaviour authentication

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BellaDati is the agile business data analysis with human touch
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BlueKite’s international bill payment service improves an immigrants’ ability to care for family back home
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BRIDGEi2i is a trusted partner that enables organizations to achieve accelerated outcomes by embedding analytics in their DNA
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CustomerXPs Software is a leading product company offering real-time, Enterprise Fraud Management & CEM products to banks globally
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GMC Software Technology is a leading software developer of solutions that transform the customer experience
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i-exceed has created a Unified Application Development Suite for smartphone, tablets, desktops and laptops across operating systems
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IND Group is a leading innovator and developer of digital banking, PFM and payments technology
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Intuition Intelligence delivers the right offer at the right moment to the right client via digital channels
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KlickEx is a Global Clearing System for commercial and central banks. The Clearing System extends to Retail, as well
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Kofax is a leading provider of smart process applications that simplify the business critical First Mile of information-intensive customer interaction
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Luminous is a boutique innovation company that has become synonymous with innovative banking around the world
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Mambu enables financial institutions to rapidly deliver state-of-the-art banking services through a cloud-first Software-as-a-Service solution
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Matchi is a matchmaker for innovation
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Mistral Mobile powers your mobile financial services to serve anyone
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Mobexo is a scalable, value-added payment ecosystem that allows transactions to be executed between smartphones
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Mobino enables mobile payments for 5 billion people, from any phone, no credit card required
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Pangea Payments’ multiplatform solution will allow you to send money to anyone, from anywhere, at any time, using mobile and retail locations around the world
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Red Zebra brings together consumers, banks and retailers, with targeted rewards based on spending patterns


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SaaS Markets is the enterprise app store company for financial organizations looking to leverage cloud-based applications for their employees or customers
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Serverside Group is the global technology leader in digital card designs and a provider of innovative artwork solutions that create meaningful results

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SinoLending is the leading online lending platform in China
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Smart Engine’s Multichannel Loyalty Platform benefits financial institutions, merchants, web shops and users
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TIBCO Software creates real-time, event-enabled solutions for the 21st Century
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Tootpay’s mobile payment solution works independently from network and operator. It is encrypted, using a standard mobile phone
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TradeNet provides an equity trading customer channel for retail customers in emerging markets at $5 a month
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TSYS focuses on people-centered payments
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White Label Personal Clouds’ Website Welcomer eliminates username/passwords and enables seamless, private transfer of information between organisations

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Yodlee is the platform for financial innovation, powering the world’s largest collection of transactional data
To learn more about FinovateAsia, visit the event page, check out the FAQ, or email asia@finovate.com.

GMC Software Technology Unveils Inspire Dynamic Statement for Mobile

GMCSoftwareTechlogo.jpgThis post is part of our live coverage of FinovateFall 2013.

Our final presenter before the afternoon break here on Day One of FinovateFall is GMC Software Technology.
“GMC Inspire Dynamic Statement for Mobile delivers a new communication platform for banks. The GMC Inspire Dynamic Statement enables banks to complete their multi-channel communications portfolio, by bridging the gaps between paper statements to mobile statements. 
This game-changing innovation allows banks to upgrade existing web, email, social, and print-based communications projects to deliver interactive, digital statements that provide easy to understand graphical representations of financial information. 
GMC Inspire Dynamic Statement for Mobile allows customers to tap their way deep into their transactional data, building upon the GMC Inspire Dynamic Statement for Tablet application.”
Product Launched: Q3 2013
Product distribution strategy: Direct to Business (B2B), through financial institutions, & licensed

HQ: Appenzell, Switzerland

Founded: 1994
Website: gmc.net
Twitter: @gmc_net
Presenting Scott Draeger (Customer Communication Strategist) and Antoine Hemon-Laurens (Director, Mobile Product Marketing)

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The full demo video will be available at Finovate.com in mid-September.

Finovate Alumni News– August 27, 2013

  • Finovate-F-Logo.jpgFinanceIt’s split-cost marketing programs now available. Check out FinanceIt’s live demo at FinovateFall in a couple of weeks.
  • CertusBank launches new website based on Backbase Portal. Come see Backbase demo its new tech live at FinovateFall.
  • Cachet Financial Solutions partners with Nitro Mobile Solutions to integrate Cachet’s RDC platform in its mobile banking application.
  • miiCard updates its Digital ID Card. Come see miiCard’s demo at FinovateFall.
  • MasterCard appoints Raja Rajamannar Chief Marketing Officer. See MasterCard’s demo at FinovateFall 2013 in New York in September.
  • GMC Software Technology taps Scott Draeger for customer communications strategist role. Meet the GMC team at FinovateFall 2013.
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.

Meet the Innovators of FinovateFall 2013

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FinovateFall 2013 is right around the corner. That means it’s time to start getting to know the entrepreneurs and innovators that will be presenting their technologies on stage in New York City in September.

Remember, the early bird deadline is this Friday, August 2nd. So to reserve your spot and register now.

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Akimbo Financial offers a social bank account alternative that makes sharing money easier than ever.
authenticIDs identity tools pictureID and catfishID, are the most accurate, time-saving solutions for the forms of ID we already carry.
Backbase‘s Launchpad, the Commercial Banking Edition, making CFO’s work easier.
BehavioSec uses behavioral analytics to transparently tackle web and mobile security.
BillFloat revolutionizes credit delivery to consumers and businesses.
Biometric Signature ID has a patented software-only biometric for secure ID online verification.
BizEquity is the first and leading cloud-based business valuation engine, an innovative solution to small business lead generation.
Capital Access Network is the largest and most experienced small business finance specialist.
Cardlytics uses consumer purchase data to drive a patented advertising platform. Ads are so relevant–they’re expected. 
CoverHound is a comparison insurance adviser, helping people discover, buy, and manage insurance online.
CR2 is the innovative provider of self-service banking solutions including ATM, Internet, and mobile banking.
DoubleBeam‘s SDK powers mPayments inside other mobile apps, helping signup customers quickly and save a ton on the cost of payments.
FinanceIt offers businesses the ability to provide consumer financing to their customers at the POS.
Financial Guard helps you protect your investments, providing online investment advice at the right price, finally.
Finect is the leading online network for the financial services industry.
Fiserv is a leading global technology provider serving the financial services industry, driving innovation in payments.
FlexScore “gamifies” financial planning, gives a “score” of your financial fitness, and provides education, advice, peer comparisons.
Float Money offers interest-free credit to members of its shopping club and financial health partners.
FutureAdvisor manages your investments for better returns, making quality financial advice available to everyone.
GMC Software Technology is a leading software developer of solutions that transform the customer experience.
Guide Financial is like a healthcheck for your finances – automatically scanning your accounts for ways you can earn or save more, and providing simple, easy fixes.
Ignite Sales is the leader in retail banking, customer acquisition, and retention technology.
Innovation Agency, where you can execute on your innovation mandate and unlock the wealth of ideas in your ecosystems.
Instabank – Beautiful money.
Interactions provides natural language Virtual Assistant application services for the automation customer care processes.
Jumio is a next generation credentials management company offering payments and ID scanning and validation products for mobile and web transactions.
Kofax is a leading provider of smart process applications that simplify the business critical First Mile of information-intensive customer interactions.
LearnVest empowers people everywhere to take control of their money and live their richest lives.
Level Money is a financial GPS, designed to replace budgeting.
Lighter Capital provides growth capital to technology companies in a highly-automated basis – Capital-as-a-Service.
Lumesis provides software for the fixed income municipal market. Compliance and credit-focused. 
Luminous is a boutique innovation company that has become synonymous with innovative banking around the world.
Manilla is the leading free and secure service to simplify and organize daily financial life.
MasterCard is a technology company in the global payments industry, operating the world’s fastest payments processing network.
mBank is the biggest, pure-play online bank and the third largest retail bank in Poland.
miiCard is the first digital identity verification service to prove ‘you are who you say you are’ entirely online.
Mitek is positioned as the leading innovator in mobile imaging software. 
MoneyDesktop empowers financial institutions to provide online/mobile banking experiences to promote personal financial intelligence.
Motif Investing is a thematic, customizable, low-cost and crowdsourceable ETF-like product that is disrupting investing economics.

Narrative Science
 
enables companies to uncover the insight hidden in their data and create new content at a scale and frequency never before possible.
Numbrs – One App – Every Bank.
P2P Cash is the mobile wallet with switch technology that allows us to aggregate all other mWallets and mobile financial services.
PayWith is powered by MasterCard. Funded by Merchants. Loved by Consumers.
PhonyInvoices provides invoice fraud detection and prevention. We check a company’s vendor lists and transactions for suspicious activity.
Place2Give provides valuable and trustworthy information to make the most impactful social capital investment decisions.
QuarterSpot lending platform delivers the lowest cost and most favorable term small business loans.
RevolutionCredit is a revolutionary solution that transforms the credit decisioning process for both creditors and consumers.
SaaS Markets is the enterprise app store company for financial organizations looking to leverage cloud-based applications for their employees or customers.
SavedPlus is an automatic savings program that helps customers save money with every purchase.
Simple Verity provides business credit reports on any SMB in America.
Socure offers a social identity verification solution to combat the growing risk of online identity fraud for financial institutions.
SpearFysh leverages mobile, speech analytics, big data, and SaaS technology to improve sales processes and drive growth.
Spreedly provides vault cards in the cloud and work with more than 50 payment gateways.
StockSmart apps and platform offer insight and information on the world’s best companies and people.
StrategyCorps delivers local/mobile/social consumer checking solutions so appealing and relevant, your customers will gladly pay for them.
Tinkoff Credit Systems is Russia’s leading provider of online financial services.
TipRanks is a cloud-based service that measures the performance of anyone giving investment advice.
Toopher eliminates online fraud using your phone’s location. Simple, secure, your phone stays in your pocket.
Unleash is the cloud CFO that helps small businesses make better decisions faster.
VerifyValid and Deluxe are giving checks their first major upgrade in more than 200 years.
Versafe protects all users from all malware, threat types. On all devices, all transparently. 
WordSentry software analyzes messages during composition, identifying non-compliant components, for correction before sending.
Yodlee is the platform for financial innovation, powering the world’s largest collection of transactional data.
Yseop creates a new age where financial services delivered to customers are driven by AI and human collaboration.
Zenmonics is a global technology services and mobile product provider to the financial services market.
Zighra empowers banks and financial institutions to leverage implicit mobile user authentication and accelerate payments.
Zooz provides complete payment essentials at your fingertips: a robust set of tools that will improve the payment process.
Plus more stealth companies to be announced in the weeks to come.
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To find out more about the upcoming FinovateFall 2013 event in New York, September 10 and 11, visit our FinovateFall information page here.