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Finovate Blog
Tracking fintech, banking & financial services innovations since 1994
Join Greg as he talks about the next generation of investment and wealth management content with Salman Hussain of Zeed, the value of flexibility in core banking with Richard Weston of Tuum, and the challenge of identity theft, deep fakes, and the escalating AI arms race with Gal Haselkorn of Corsound.ai.
Greg Palmer interviews Salman Hussain, co-founder of Zeed. The company enables retail investors to engage with financial content by leveraging interactive AI. Zeed’s technology also enables issuers to deploy these AI-based tools to educate and grow their retail investor base. Demo video.
Greg Palmer talks with Richard Weston, Sales Director with Tuum, on the latest innovations in core banking technology. With a strong focus on the U.K. and the Nordics, Tuum is a next generation core banking software provider that helps banks modernize their systems, open new revenue streams, and build new business models. Demo video.
Greg Palmer catches up with Corsound AI CEO Gal Haselkorn to discuss cutting-edge developments in voice intelligence and deepfake detection. Corsound AI, headquartered in Tel Aviv, Israel, offers a real-time deepfake detection solution that provides immediate threat mitigation for a robust defense against emerging security threats. Demo video.
Day One of FinovateEurope 2024 is in the books! That means it’s time to find out which demoing companies made the greatest impressions on our Finovate audience – earning our coveted Best of Show award.
Corsound AI for its technology that helps businesses fortify their security measures against voice-related fraud. Video.
Tuum for its solution that allows banks to orchestrate new businesses and business models, unlocking new revenue streams. Video.
Zeed for its platform that enables public companies and asset managers to reach and engage retail investors by leveraging video content. Video.
Thanks to all of the companies that demonstrated their latest technologies live on the Finovate stage on Tuesday. The diverse array of fintech innovations – from new ways to combat fraud to solutions that help banks attract new customers and boost revenues – was a great sign of where our industry is today, and where it appears to be headed.
Be sure to check out our FinovateEurope 2024 recap next Monday as we look back at some of the key themes and issues raised in this week’s conference.
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 three 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 three 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 FinovateEurope in London on February 27. Register today using this link and save 20%.
Corsound AI
Corsound AI utilizes innovative technology to verify customers’ identities for financial institutions, leveraging over 200 patents to detect AI scams and voice fraud.
Features
Provides an innovative method to detect deepfakes in call centers, with or without DB
Delivers a revolutionary way to prevent identity theft
Offers a unique voice-face matching technology
Who’s it for?
Banks, credit unions, payment providers, and small-and-medium-sized businesses.
Dotfile
Dotfile is an end-to-end business verification platform that automates KYB and AML procedures, reduces fraud, and streamlines compliance operations.
Features
Verifies businesses and UBOs and maps corporate structures
Automates onboarding, from data collection to risk scoring and periodic monitoring
Creates flexible risk-scoring models with custom rules
Who’s it for?
Payment service providers, banks, fintechs, forex platforms, private equity firms, crypto brokers, and asset managers.
Eleos
Eleos partners with consumer brands to embed income protection and life insurance into their online journeys.
Features
Bridges access and awareness gap that has kept penetration of these products down
Adds additional revenue stream for distributors
Improves customer retention rate for brands
Who’s it for?
Direct to consumer fintechs.
Finerative
Finerative is a Gen-AI native startup bringing generative technology to the financial space.
Features
Improves productivity and operational efficiency while driving revenues
SkenarioLabs’ predictive data analytics solution integrates an advanced suite of risk assessment and reporting tools to guide sustainable investment and lending decisions in real estate.
Features
Minimal data requirements: delivers accurate insights from address-only data
Single-platform integration: provides value, risk, & ESG assessments for all asset classes
Streamlined compliance: offers flexible analytics
Who’s it for?
Banks and building societies, real estate investment and advisory firms, and insurance providers.
Tuum
Tuum’s next generation core banking software platform removes legacy constraints, transforms existing business models, builds new business models, and unlocks new revenue streams. Core Banking. Without Limits .
Features
Delivers a cloud native, modular, API first software – unlimited scalability and flexibility
Features Beyond Core – accounts, lending, cards, & payments from a single platform
Offers a highly configurable platform – launch new products in minutes
Who’s it for?
Retail and corporate banks, EMIs, fintechs, and financial institutions.
Zeed
Zeed offers a platform for public companies and asset managers to reach, educate, and engage retail investors using AI and video content.
Features
Reaches and educates investors where they already are
Utilizes AI-generated financial video content
Tracks attribution to share price liquidity and AUM
Who’s it for?
Public companies, asset managers, retail investors, and brokerage platforms.
