FinovateSpring: Behind the Scenes with Tactile Finance, Visible Equity, and Vorstack

In our third FinovateSpring Behind the Scenes feature, we’re taking a look at three companies that demonstrated for the first time on the Finovate stage. We sat down with Tactile Finance, Visible Equity, and Vorstack to capture more information about their solutions.

If you missed our first and second Behind the Scenes features, you can check them out here:

What they do
Tactile Finance’s Tacfi makes the mortgage process easy to understand and more transparent for borrowers. It helps the borrower navigate mortgage options and connect with lenders.
      • Launched in April 2014 at FinovateSpring
      • Tacfi’s target user is any home buyer, whose average age is 35 to 40 years old 
The experience
To sign up for Tacfi, users only need to provide their name, email address, and create a password.
They start by entering details of the home they’re interested in, such as the home price, property taxes, and other monthly expenses such as condo fees.
The calculator shows users what their mortgage payments will look like over time. 

From here, users can save the information about their loan, have the option to determine the amount of the home loan for which they are eligible, or can proceed to get a real quote from a lender, based on the information they entered into the mortgage calculator.


Visible Equity

What they do
Visible Equity helps financial institutions determine their compliance with fair lending laws, which apply to all parts of the lending process including pre-application, underwriting, loan pricing, post closing activities, and modifications.

With the click of a button, its software can detect unfair and biased lending practices, which can often times lead to fines, degraded ratings, lawsuits, and negative impact on the brand. Visible Equity gives institutions a way to mathematically prove that their lending practices are in compliance.


    • Serves 300+ clients 
    • Analyzes over $120B in loans daily
The experience
Occasionally, financial institutions have lending policies in place that result in unintentional bias against certain groups such as age, race, gender, geographical location, etc.
The screenshot below shows a loan pricing discrimination analysis that has been generated to determine discrimination against race. The table shows loan count by race and breaks down the interest rate to show the difference between the actual rate and the expected interest rate. 
Lenders can view all outstanding loans and are able to sort by loan attributes.
Visible Equity’s responsive design web platform can be optimized for viewing on a tablet or mobile device, so lenders have a portable way to view and share metrics, data, and charts.


What they do
Vorstack is a cyber defense platform that helps online security professionals more efficiently target fraud. Its system helps them deal with the massive volume of emails they receive by automating reports based on the fraud in question.

Additionally, the open-source nature of Vorstack’s platform enables sharing of details under certain parameters with a trusted circle of other security professionals. Using this collective intelligence, Vorstack helps target fraud more quickly and efficiently.


  • Raised $5.2 million in Series A funding
  • 15 employees
  • Launched for financial services at FinovateSpring 2014
The experience
Security breaches, such as the recent ones reported by popular retailers, not only impact end consumers, they also take a toll on security professionals. Shortly after such breaches, security reps at banks can be inundated with emails asking if the institution should be concerned, and what areas are impacted.
The Vorstack platform functions as the graphic depicts below. Information is gathered, organized, analyzed, then is returned to the user, outlining potential areas of fraud concerns.
The screenshot below shows the dashboard where the security professional can view a break down of the number of fraudulent events they should be concerned with. It combines data from multiple organizations in order to give visibility of potential fraudulent activity before it happens.
The Events section of the platform enables the security professional to take a closer look at both global and local events on an individual basis.

We’ll continue featuring more companies behind the scenes in the coming weeks so stay tuned.

Visible Equity’s Fair Lending Analytics Can Mathematically Prove Borrowers Are Treated Fairly

This post is part of our live coverage of FinovateSpring 2014.
Next, Visible Equity launched Fair Lending Analytics to help financial institutions prove they are treating borrowers fairly:
“Fair Lending laws have been around for decades, but more sophisticated Fair Lending analysis has recently become a hot-button issue and point of emphasis from financial regulators.
Our product uses intuitive design and advanced statistical modeling to determine whether discrimination or “disparate impact” is potentially occurring in marketing activities, during the loan application process, with pricing and add-on products, and with charge-off and collection practices.
It is unlikely that a financial institution is ever knowingly discriminating, but now with the use of Fair Lending Analytics, institutions can mathematically prove they are compliant and treating all borrowers fairly.”
Presenting: Matthew Court (VP Sales & Marketing) and David Gilbert (COO)
Product Launch: April 2014
Metrics: We serve over 300 clients and analyze over $120B in loans daily.
Product distribution strategy: Direct to Business (B2B)
HQ: Salt Lake City, UT
Founded: June 2008
Twitter: @visibleequity
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FinovateSpring 2014 Sneak Peek: Part 3


This week’s sneak peek of FinovateSpring 2014 features everything from account opening to loan underwriting, and is just a small selection of items we’ll see in San Jose on April 29 and 30. Get your ticket here to satisfy your fintech hunger.

If you missed the two installments from last week, you can catch them here:


CREALOGIX, the Swiss market leader for digital banking and e-learning platforms, presents its comprehensive digital banking suite with a seamlessly integrated e-learning management system.
    • Provides contextual compliance where needed
    • Supports client advisors and enhances quality of advice 
    • Enables effortless learning combined with rewards (gamification)
Why it’s great:
The CREALOGIX digital banking suite with integrated e-learning management system offers clear added value for both sides: banks and their clients.  
Geraldine Critchley, Head Product Marketing

Critchley is responsible for mastering the digital mindset of the next generation online banking and dealing with all inbound/outbound marketing activities concerning digital banking.

Ivan Inderbitzin, Senior E-Learning Author
Inderbitzin writes innovative online staff trainings for financial, medical and other industries. He taught at universities in Australia and likes asking questions.

D3 Banking is a single solution that delivers a LodoSoftwareD3Logo.jpg

comprehensive set of digital banking services to any digital device replacing disparate online and mobile point solutions.
    • Omnichannel – one solution for any digital channel
    • Innovative money movement – contextual user experience, least cost routing
    • Powerful customer data analytics for personalized marketing
Why it’s great:
D3 Banking is an omnichannel, data driven, digital solution that lowers cost, decreases complexity and personalizes the customer experience.  

Mark Vipond, CEO
Vipond has been in the FinTech industry for almost 30 years beginning his career as a systems engineer at IBM and most recently serving as president and COO of ACI Worldwide.
Kevin O’Kane, CPO
O’Kane has 25 years experience in the industry including serving as Director, Professional Services at Harland Financial Solutions.


Endeavour and Zoot’s mobile account opening solution meets consumers’ evolving expectations and banks’ complex fraud and risk management requirements.


    • Beautiful mobile interface, intuitive customer experience
    • Secure, compliant, & robust ID verification & risk management
    • Business user web portal to manage any feature with no app-store redeployment
Why it’s great: 
Endeavour has partnered with Zoot to deliver the most sophisticated mobile account opening solution in the industry.  
Steven Staley
Staley is a Consulting Executive, Entrepreneur, and Business Owner with 10+ years in the banking Industry. He oversees Endeavour’s Banking Practice and Global Strategic Alliances while smiling daily.
Tom Johnson, VP of Strategic Alliances at Zoot 
With over 30 years of experience in technology, Johnson is Zoot’s “Chief Idea Guy”; responsible for developing new partnerships and solutions concepts.


Jumio is a next-generation payments and ID software-as-a-service company that utilizes proprietary computer vision technology to reduce mobile payment friction and ID fraud.

    • Turns customer’s mobile device into an ID scanner
    • Personal data is populated into forms in seconds
    • Increases your sign-up and shopping cart completion rates  
Michael Orlando, Chief Sales Officer
Orlando heads up Jumio’s worldwide sales and business development efforts and brings over 20 years of high-growth company experience to this role.
Anthony Lanham, Senior Vice President, Sales
Lanham started his career with Dun and Bradstreet. He spent 10 years at D&B companies in several sales and sales management roles. In 2001 while at D&B RMS he pioneered the idea of outsourced credit.


Visible Equity provides innovative and easy-to-use software that helps financial institutions analyze the risks and opportunities in their lending data.

    • Uses advanced modeling to estimate race/gender
    • Calculates expected pricing, denial rates, etc. using multiple variables 
    • Provides easy to interpret indicators of likeliness of disparate impact 
Why it’s great:
It’s unlikely a financial institution ever knowingly discriminates, but now proving you are treating all borrowers fairly can be as simple as clicking a button.  

Matthew Court, VP of Sales & Marketing 
Court oversees all sales, marketing, and corporate communications.
David Gilbert, COO 
Gilbert is at the forefront of marketing, business development, and new product research.

Stay tuned later this week when we’ll feature six more companies.