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

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.

Vorstack Launches VFS for Coordinated Cyber Defense

Vorstack Launches VFS for Coordinated Cyber Defense

This post is part of our live coverage of FinovateSpring 2014.

Then, Vorstack demonstrated how its technology defends against cyber attacks:
“Vorstack’s VFS solution for financial services is a distributed analytics and correlation platform for multi-party coordinated cyber defense. We provide the control and auditability necessary to satisfy strict domestic and international privacy, anonymity, and compliance requirements. 
Our solution natively operates across emerging threat-sharing standards like STIX/TAXII to enable organizations to leverage public-private partnerships and ISACS to promote intelligence sharing. Vorstack’s solution provides a configurable channel for human intelligence collaboration complementing real-time data intelligence analysis.”
Presenting: Joe Eandi (CEO & Founder) and Mark Manning (VP Technical Services)
Product Launch: April 2014
Metrics: Over $5M raised to date, 15+ employees, deployed with multiple leading e-commerce and technology companies, launching with financial services in April 2014
Product distribution strategy: Direct to Business (B2B), licensed
HQ: Los Altos, CA
Founded: March 2011
Twitter: @vorstack

FinovateSpring 2014 Sneak Peek: Part 4

FinovateSpring 2014 Sneak Peek: Part 4

Thumbnail image for FinovateSpring2014ButtonLogo.jpg

What’s the only thing better than getting to know 18 of the companies that will demoing at FinovateSpring 2014 less than a month from now?

Meeting six more.

Here’s the fourth installment of our FinovateSpring 2014 Sneak Peek series. In today’s edition, we’ll introduce you to a sextet of innovators in fields ranging from loan origination and in-store offers to mobile data capture, mobile banking, and mobile security.

If you missed any of our previous editions, the links below are a great way to get caught up. 
In the meanwhile, get ready to meet defi Solutions,Digital Retail Apps, Kofax, StrategyCorps, Rippleshot, and Vorstack. And to save your spot at FinovateSpring, April 29-30 in San Jose, California, click here to buy your ticket today.


defi Solutions takes auto lending to the next level with its SaaS Loan Origination System that can be configured and launched within days not months.

  • Affordable, enterprise system completely configurable for auto lenders of all sizes
  • Accesible from mobile devices
  • Browser-based solution allowing lenders to focus on lending v.s. technology
Why it’s great: 
defy Solutions SaaS Loan Origination System allows auto lenders to configure the system to meet market demands without costly development time.
Stephanie Alsbrooks, Founder
Founded defi Solutions with the mission to overcome the auto lender challenge of choosing between dated, inefficient, out-of-the-box systems and costly, long-to-implement custom solutions.
Chris Holt, Senior Engineer, Automation


Digital Retail AppsSelfPay is a platform to engage in-store shoppers. Shoppers scan items, view product details, and pay for their purchases on their own mobile devices.

  • Locates and welcomes the shopper using Beacon technology
  • Integrates with POS and merchant account
  • Offers lineup-free payments via shopper’s own device
Why it’s great:
We give in-store shoppers a natural shop + pay flow and merchants a way to engage in-moment while collecting deep insights into shopper in-store activity.
Wendy MacKinnon-Keith, CEO/Founder
Innovating by pushing payments into the background. Speaker at events such as SXSW and CNP; consulted to IBM, Nokia, Safeway, and others.


Kofax’s Mobile Capture Platform is helping consumers better connect with retailers by automating the process of checking balances on their gift cards through the use of their smart phone or tablet.
  • Use mobile devices to automatically detect retail gift cards
  • Eliminate the process of manually entering accounts numbers
  • Give customers immediate access to account balances and other information
Why it’s great: 
The solution makes gaining access to gift card information more convenient for gift card issuers. It gives vendors a cost effective tool that helps them deliver better service and faster transactions.
Drew Hyatt, Senior Vice President of Mobile Applications
His team is responsible for driving the company’s mobile capture business on a worldwide basis.


StrategyCorps’ BaZing expands basic mobile and online banking, connecting them closer to the way consumers use mobile and online financial services in their everyday lives.

  • Hundreds of thousands of local merchant discounts at your fingertips
  • Location-aware coupons and targeted notifications
  • A mobile financial services customer experience beyond basic mobile banking
Why it’s great:
BaZing boldly goes beyond basic mobile banking, delivering in-demand services that connect better with consumers and how they use their mobile phones every day.
Mike Branton, Managing Partner


RippleShot detects credit card data breaches. Our cloud-based solution helps merchants and banks proactively stop fraud before it occurs.

  • Next Gen fraud prevention – stopping fraud before it occurs
  • 24/7 monitoring – detecting breaches faster
  • Early warning alerts – proactively protects merchants, consumers and credit card issuers
Why it’s great:
It’s not if you are going to be breached, it’s when. Rippleshot’s 24/7 monitoring proactively detects, mitigates and stops fraud before it occurs.
Canh Tran, Co-Founder and CEO
Has over 25 years of experience focused on big data and predictive analytics to solve sales, marketing, fraud and credit problems.
Lucas Ward, Co-Founder and COO
Is a proven technology leader. At Fundspire, Lucas created an innovative product to change the way hedge funds viewed and analyzed their data.


Vorstack combats cyber threats with automated and collaborative threat intelligence. Brand-conscious organizations will lower risk, save money and protect intellectual property.

  • Automated analysis and correlation of disparate cyber threat information
  • Coordinated threat intelligence with industry and peers
  • Fine-tuned configurable control over shared threat info
Why it’s great:
Vorstach lowers the probability and cost of a cyber attack through automation and coordination. You’ll save time and money, and protect your brand.
Joe Eandi, JD, CEO and Co-Founder
Has served on executive management teams and boards, and was an attorney with Wilson Sonsini.
Mark Manning, VP Technical Services
Has founded and advised numerous startups, and held management roles at Trust Digital, ORBID, Phoenix Technologies, and British Telecom.

Be sure to join us next week for another installment of our FinovateSpring 2014 Sneak Peek series.

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