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Finovate Blog
Tracking fintech, banking & financial services innovations since 1994
Join Finovate VP and host of the Finovate Podcast Greg Palmer as he talks with the entrepreneurs whose innovative companies took home top honors at FinovateFall 2023 in New York this year.
From new tools for credit unions members to embedded micro life insurance solutions to strategies to help FIs better engage mortgage-holders, the Finovate Podcast is a great way to keep up with the trends driving fintech today.
Podcast host Greg Palmer catches up with Rachel Lauren of Debbie (demo video) to talk about consumer debt reduction and the credit union ecosystem. EP 193.
Greg Palmer chats with Alex Matjanec of Wysh(demo video) about micro life insurance, customer retention, and financial inclusion. EP 192.
Greg Palmer sits down with Chase Neinken of Chimney (demo video) to discuss strategies for productively engaging your mortgage-holding customers. EP 190.
The life insurance industry is anything but static. Technology has changed what is possible, consumer expectations have evolved, and financial habits have changed. One thing that hasn’t changed, however, is that people don’t like thinking about their own mortality.
Wysh is tackling these challenges with its embedded insurance product, a high-yield savings account that currently pays 4% APY and includes an additional life insurance payout of up to $10,000. I spoke with Wysh Founder Alex Matjanec at FinovateFall last month on his Best of Show-winning demo at the show, how Wysh works for customers in today’s interest rate environment, and how he views the future of the insurance industry. Check out our conversation below.
They are cheering in Times Square tonight as the winners of Best of Show at FinovateFall 2023 are crowned. After two days of live fintech demos from more than 60+ innovative fintechs, our delegates have decided. Here are the winners of Best of Show for FinovateFall 2023.
Chimney for its Chimney Home solution that gives homeowners actionable advice about their home value, equity, borrowing power, and pre-qualified offers. Video.
Debbie for its rewards app for debt payout and its new credit card refinance marketplace for credit unions. Video.
eSelf.ai for its technology that delivers the next generation of client-financial institution interaction, enabling human-like conversations and efficient personalization. Video.
Mahalo Banking for its intuitive and neurodiverse-inclusive online and mobile banking solutions for credit unions with tight core integrations. Video.
Trust & Will for its technology that simplifies estate planning and settlement with attorney-approved, legally valid documents. Video.
Wysh for its innovative deposit solution called Life Benefit that provides micro-life insurance coverage up to 10% of an accountholders’s balance onto an existing deposit account. Video.
We want to thank our demoing companies, our partners, our sponsors, and – last but not least – our valued attendees whose engagement continues to make Finovate a must-attend event on the fintech conference calendar. We look forward to seeing you again next year in The City That Never Sleeps for FinovateFall 2024!
Notes on methodology:
1. Only audience members NOT associated with demoing companies were eligible to vote. Finovate employees did not vote.
2. Attendees were encouraged to note their favorites during each day. At the end of the last demo, they chose their six favorites.
3. The exact written instructions given to attendees: “Please rate (the companies) on the basis of demo quality and potential impact of the innovation demoed.”
4. The six companies appearing on the highest percentage of submitted ballots were named “Best of Show.”
5. Go here for a list of previous Best of Show winners through 2014. Best of Show winners from our 2015 through 2023 conferences are below:
A look at the companies demoing at FinovateFall in New York on September 11 and 12. Register today and save your spot.
Life Benefit by Wysh is an innovative value-add that embeds micro-life insurance into deposit products, providing differentiation, cost management, and financial inclusivity.
Features
Attracts, retains, and differentiates deposits
No opt-in, underwriting, or sign up
Seamless integration in under 30 days
Why it’s great
Life Benefit brings protection to each company’s deposit strategy while also cultivating a way to differentiate among a sea of indistinguishable deposit offerings.
Presenter
Alex Matjanec, CEO & Head of Vision Matjanec has dedicated his career to empowering people to have the full confidence of financial protection. LinkedIn