Kofax

Kofax Launches Analytics for Capture Business Intelligence Solution

By David Penn Posted on
Categories: Kofax

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Kofax Analytics for Capture is designed to provide business intelligence analytics for users of its signature document processing solutions Kofax Capture and Kofax Transformation Modules.

The new technology provides dashboards that streamline operations, as well as data on system performance, accuracy, and productivity. The goal is to avoid reliance on IT professionals for activities such as report-building and modifying database queries.

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Analytics for Capture provides:
  • The ability to review and filter documents and batches to avoid or eliminate bottlenecks.
  • Functionality to examine productivity statistics at the batch, document, and page level over a variety of timeframes.
  • Options to research and compare accuracy metrics at field level to improve the quality of the capture process.
Kofax has more than 20,000 customers in industries ranging from banking to healthcare, and have more than 800 partners in more than 75 countries. The company demoed its capture technology as part of the FinovateSpring show last month, earning positive reviews from Filene Research, among others. Filene included Kofax in its column on “Promising Products from Finovate.”
See Kofax’s presentation here.

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Finovate Alumni News– May 28, 2013

By David Penn Posted on
Categories: BellaDati, Billhighway, Dwolla, IP Commerce, Kabbage, Kalixa, Kofax, M2CASH, OpenCoin, ProfitStars, Quantopian, TIBCO Software, TransferWise, V2Pay
  • FinovateLOGO.jpgChris Larsen, CEO and co-founder of OpenCoin, calls Ripple, “HTTP for money” in CoinDesk feature.
  • Credit Union Times: ProfitStars‘ Director of Strategic Insight Lee Wetherington talks credit unions and big data.
  • Kalixa Group teams with MasterCard to test prepaid card.
  • Barron’s Electronic Investor column on Quantopian now available to non-subscribers.
  • Mateo’s Tech Travels reviews TransferWise.
  • Business Insider hosts Dwolla CEO Ben Milne in Startup Lab interview.
  • One of the largest financial services corporations in the world invests more than $4.6 million for software, maintenance and professional services with Kofax.
  • American Banker reports: Kabbage’s Fresh Idea for Small Business Finance.
  • TIBCO announces launch of Cloud Bus, a subscription-based Integration Platform as a service (iPaaS) offering.
  • BellaDati opening partner network in Russia.
  • IP Commerce closing payment processing service on June 30.
  • M2CASH rebrands as V2PAY, now offers electronic ID verification, virtual loan solutions, virtual cards & virtual merchant services.
  • Billhighway adds Kids Kicking Cancer as client.
  • Comarch to provide reference, market data to SIX Financial Information.
  • Standard Chartered launches VISA Infinite Credit Card with chip and PIN technology.
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.

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Kofax Debuts Customer On-Boarding Solution

By Julie Muhn (@julieschicktanz) Posted on
Categories: FinovateSpring 2013, Kofax
This is a part of our live coverage of FinovateSpring 2013.

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Afterwards, Kofax debuted its customer on-boarding solution:

“Kofax will demonstrate how banks can onboard customers to specific products, services or accounts and capture customer content, data, and documents in support of the onboarding process directly from the mobile device. 

Customers will be prompted to submit information that is automatically extracted, validated for accuracy, and then utilized in the decision process. In cases of exceptions or errors, users will interactively be guided through the resolution process of providing a trailing document (supplemental information) or providing additional clarification or information for the purpose of opening the account.”
Product Launch: March 13, 2013
HQ: Irvine, CA
Founded: 1985
Metrics: Subsidiaries: 30 countries; Employees: >1,200; Channel Partners: 800+; Products: Available in 70+ countries; Customers: 20,000+; London Stock Exchange: KFX; Revenue: $262.5M; Adjusted EBITA: $48.5M; Adjusted diluted EPS: $0.38; Cash: $81.1M
Website: kofax.com 
Twitter: @kofax
Presenting Anthony Macciola (CTO) and Diane Morgan (Sr. Business Development Manager)

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FinovateSpring 2013 Sneak Peek: Part 5

By Julie Muhn (@julieschicktanz) Posted on
Categories: authenticID, FinovateSpring 2013, Finovera, Kofax, NICE Systems, Quantopian, Trusted Knight

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For our final sneak peek of FinovateSpring demoing companies, seven companies have provided some insight into the products they will demo next week at FinovateSpring in San Francisco.

Don’t miss the previous sneak peek posts:

If you haven’t already, be sure to get your ticket for FinovateSpring. It’s happening May 14 & 15 in San Francisco.

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authenticID’s True Identity Made Simple identity proofing solutions work worldwide and our pictureID tool is 100% accurate – a claim no other identity company can make.
Features:
    • pictureID can eliminate ID fraud
    • Fraudsters can’t beat pictureID – without a costume
    • Better customer service & compliance
Why it’s great: pictureID is the only 100% accurate identity proofing solution and it provides added security by producing a picture of the true ID owner.
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Finovera is reinventing how people manage their bills, accounts and financial documents at home. It is a perfect complement to Online Banking and Bill Pay service.
Features:
    • Automatic delivery of all Bills in one file cabinet
    • Alerts when a bill is unusually high
    • Organize your life in under 10 minutes
Why it’s great: Now households can go paperless and manage all their bills and financial documents in one secure place from anywhere.
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Kofax enables customer acquisition directly from the mobile device and recognizing the importance of consumer engagement, Kofax will demonstrate on-boarding for an impactful customer experience.
Features:
    • Meet and service customers via mobile channel 
    • Reduce operating costs and minimize drop-off rates
    • Increase growth and profits
Why it’s great: Kofax Customer Onboarding improves the agility and profitability of your bank’s customer on boarding processes by engaging customers via mobile devices.

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LendUp is the creator of the LendUp Ladder, an innovative program that uses small dollar loans to provide a path out of the payday lending debt trap and help borrowers build credit.
Features:
    • LendUp Ladder: Rehabilitate Declined Credit Applications
    • LendUp Education Program
    • Gamification Credit Building
Why it’s great: The LendUp Ladder helps create better credit customers
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NICE Mobile Reach complements mobile banking to redefine mobile customer service. Capitalize on mobile opportunities: engage, connect, Collaborate!
Features:
    • Intelligently engage customers
    • Seamlessly transition to the right channel with context
    • Effectively collaborate for resolution
Why it’s great: The ultimate mobile customer experience: ensuring every customer need is resolved, even when mobile self-service is not enough!

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Trusted Knight’s Protector software defeats key-logging and web-inject (MITB) attacks against employee and customer devices so that online transactions are safe from malware.
Features:
    • Quick and easy customer install — no impacts/issues.
    • Effective against even zero-day exploits.
    • 70% customer opt-in rate in
Why it’s great: Allows business to safely interact with malware-infected devices.
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Zooz is the people-first payment platform that will boost your conversion.
Features:
    • Optimized native checkout for m-commerce apps 
    • One tap payment across different apps
    • Multiple payment methods in one SDK
Why it’s great: Payments are for people and we’re here to give the human touch. When your users feel happy and secure they’re more likely to make it to the “Thank You” page.
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For more information on attending, see our FAQ. To register, visit our FinovateSpring page here.

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Finovate Alumni News– April 25, 2013

By David Penn Posted on
Categories: BillFloat, CommunityLend, Cortera, eyeOpen, ID Analytics, Jack Henry, Kabbage, Kofax, Kony Solutions, Outright.com, TSYS, Zooz
  • Bank Independent picks Jack Henry Banking’s SilverLake technology for enterprise-wide automation.
  • TSYS Merchant Solutions launches Pay in Your Currency multi-currency solution.
  • CommunityLend earns spot on Branham300’s Top 25 Up and Coming companies roster.
  • ID Analytics introduces new version of Credit Optics Credit Score for more insight into consumer behavior.
  • Kofax ranked a “Leader” by Forrester Research in The Forrester Wave report.
  • AGBeat features Kabbage. Check them out at FinovateSpring.
  • Kony Solutions announces record year in FY2013, growing 90% YOY. Hires Abhay Parasnis as President and COO.
  • Mobile World Live takes a look at Zooz’s recent funding round. Meet Zooz in San Francisco as they demo their technology as part of FinovateSpring.
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.

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Finovate Alumni News– April 23, 2013

By David Penn Posted on
Categories: ACI Worldwide, Azimo, Bright Funds, Fenergo, Kofax, Locaid, Mortgage Harmony, peerTransfer, Ping Identity, ProfitStars, SecureKey, SocietyOne, TransferWise, Zooz

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  • Executive Magazine profiles TransferWise and talks Middle East expansion.
  • Reference Data Review takes a look at Fenergo’s efforts to make compliance easier and more efficient.
  • ACI Worldwide announces Universal Payments Platform.
  • TransferWise wins Estonia’s “Best E-Service” contest.
  • Joe Brancucci, CEO of GTE Financial joins Mortgage Harmony Advisory Board.
  • Keith Kelly, Mortgage Harmony CEO, awarded a Tech All-Star Award by Mortgage Banking Magazine. Check out Mortgage Harmony’s live demo at FinovateSpring.
  • Ping Identity named 2013 Top Workplace by The Denver Post for second consecutive year.
  • SecureKey named Top Growth Company in 2013 Branham300 list of Top 10 Growth Companies.
  • Global Security Services Company selects Kofax to automate accounts payable operations in Latin America. Check out Kofax at FinovateSpring.
  • ProfitStars wins 2013 Payments System Awards from NACHA – the Electronic Payments Association.
  • ACI Worldwide’s Architech Mobile Banking provides PFM, integrated bill payment and account-to-account transfers to iOS, Android smartphones.
  • Azimo wins SWIFT Innotribe challenge; advances to finals at Sibos 2013 in Dubai.
  • peerTransfer now serving more than 300 colleges and universities, has partnered with 48 new educational institutions during the first quarter of 2013.
  • Zooz closes $2 million Series A round led by XSeed Capital. See Zooz in action at FinovateSpring in May.
  • GeoComply and Locaid team up to bring geolocation services to mobile and Internet gaming industry. See Locaid demo at FinovateSpring in May.
  • Innov8social interviews Julia Streuli, head of communications for Bright Funds. Join Bright Funds in San Francisco for FinovateSpring.
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.

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Finovate Alumni News– April 9, 2013

By Julie Muhn (@julieschicktanz) Posted on
Categories: Braintree, Business Centric Services Groups, eDeposit, Entrepreneurial Finance Lab, eToro, Green Dot, Intuit, Kofax, Lodo Software, Mitek, Narrative Science, Online Resources, PaySimple, Plastyc, Quantopian, Realty Mogul, TipRanks, TradeHero, Yodlee
  • Finovate-F-Logo.jpgAG Beat features Entrepreneurial Finance Lab.
  • BSCG, Mitek, and Yodlee selected as Monarch B2B Innovation Award Winners.
  • Lodo Software appoints Matthew Lawlor, former founder & CEO of Online Resources, to board of directors.
  • South African Logistics Company implements Kofax Software to Automate HR. Watch Kofax demo live at FinovateSpring.
  • Business Credit Radio features Sue Heilbronner, PaySimple’s Chief Growth Officer.
  • American Banker highlights Plastyc’s unique approach to serving prepaid card users. Watch Plastyc’s demo at FinovateSpring.
  • Mati Greenspan, senior investment consultant at eToro, explains how eToro will soon support Bitcoin.
  • American Banker looks at Braintree’s multi-merchant approach. Come see Braintree demo at FinovateSpring.
  • Live Science considers how Narrative Science
    automates journalism and report generation. See Narrative Science’s live demo at FinovateSpring.
  • Quantopian announces algorithm development competition.  The company will demo at FinovaeSpring in May.
  • Bank Innovation reports: Intuit will continue to support FinanceWorks.
  • Reuters takes a look at TipRanks. See them demo at FinovateSpring.
  • eDeposit announces major new features in upgrade of mobile app.
  • TradeHero a winner at Echelon Singapore Satellite pitch competition.
  • INTJ Capital gives kudos to Quantopian’s decision to provide for external data sets. Join Quantopian in San Francisco for FinovateSpring in May.
  • American Banker interviews Green Dot CEO and founder Steven Streit. See Green Dot demo at FinovateSpring.
  • Realty Mogul is among the companies highlighted in Upstart Business Journal column on crowd funding. See them demo at FinovateSpring.

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.

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Finovate Alumni News– April 2, 2013

By Julie Muhn (@julieschicktanz) Posted on
Categories: BancVue, Bolstr, Flint Mobile, Gold Bullion International, IND Group, Kofax, Open Bank Project, Quantopian, Realty Mogul, TradeKing, TSYS, Tuition.io
  • Forbes looks at Open Bank Project’s open API, interviews TESOBE founder and CEO, Simon Redfern.
  • ChicagoBusiness.com features Bolstr, calls it a new crowdfunding twist.
  • Major Italian bank invests more than $300k to expand its use of Kofax software to branches in EU, the Middle East and North Africa. Come see Kofax demo its new technology at FinovateSpring next month.
  • UK-based global application software and services company, Misys launches new suite of online, mobile banking products powered by IND Group.
  • Mobile Payment Power features Flint mobile payment app.
  • The Seattle Times takes a look at the launch of Realty Mogul. Join them in San Francisco for FinovateSpring.
  • TSYS renews long-term payment processing agreement with Columbia State Bank.
  • TradeKing analyst to speak at annual options industry conference.
  • Pando Daily reports on Quantopian’s new feature, which allows traders to import external data. See them demo at FinovateSpring.
  • Gold Bullion International teams with Envestnet to facilitate precious metals trading for independent advisors.
  • BancVue acquires BancLeasing to allow Community FIs to strengthen commercial lending.
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.

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Finovate Alumni News– March 29, 2013

By David Penn Posted on
Categories: BBC Easy, Bill.com, Dwolla, Fiserv, FutureAdvisor, Jack Henry, Keynote DeviceAnywhere, Kofax, planwise, Realty Mogul, TIBCO Software, TradeHero, TradeKing, TSYS, Xendpay

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  • Atlanta Business Chronicle takes a look inside the TSYS/NetSpend merger.
  • TradeHero reaches $5 billion in virtual currency traded over 350,000 trades in the first three months.
  • Washington Trust Bank to deploy Jack Henry & Associates‘ SilverLake System core processing platform.
  • The Options Insider interviews TradeKing CEO Don Montanaro.
  • Leading U.S. healthcare insurer invested more than $250k to implement a Kofax-based solution. See Kofax demo at FinovateSpring.
  • Bill.com announces it enables more than 175k businesses to pay and get paid.
  • Fargo bank adds Fiserv mobile banking, payment tools.
  • Dwolla site back up after DDoS attack.
  • BBC Easy launches C & I Loan Management Software for businesses looking to save time on cumbersome BBCs. Check out BBC’s demo at FinovateSpring.
  • Keynote DeviceAnywhere platform now integrated with Worksoft Certif.
  • AH Capital raises more than $100,000 using Realty Mogul’s real estate crowd funding platform. Join Realty Mogul in San Francisco this May at FinovateSpring.
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.

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