How they describe themselves: ID-Pal enables any business to verify the identity of their customers in real-time using a suite of document, database and biometrics checks. Built on a highly configurable SaaS solution, you can go live on the same day without requiring integration or development work. It’s also available via API, SDK, or on the Salesforce App Exchange, serving over 400 customers globally.
For more information visit www.id-pal.com
How they describe their product/innovation: ID-Pal’s award-winning platform uses 100% AI-powered technology for real-time identity verification, trusted by organizations worldwide. The cutting-edge solution effectively detects AI-generated documents, deepfakes, and injection attacks, delivering advanced fraud detection with zero access to customer data. ID-Pal streamlines OFAC, AML, and KYC processes into a single compliant flow, ensuring a robust audit trail.
Product distribution strategy: Direct to Business (B2B), through financial institutions, through other fintech companies and platforms, licensed
Credit Union/Community Bank Fit: Credit unions and community banks
Contacts:
Bus. Dev.: James O’Toole (CBO), [email protected]
Press: Caroline McCarthy (Sr. Marketing Manager), [email protected]
How they describe themselves: Illuma Labs is a fintech company headquartered in Plano, Texas. The organization’s flagship product, Illuma Shield™, replaces traditional knowledge-based authentication practices with an effortless and secure real-time voice authentication solution to enhance caller experience, improve operational efficiency, and prevent fraud in banking contact centers. Deployment of this affordable solution takes weeks, not months. It reduces time spent on authentication by 85% or more, and over 95% of those invited to enroll say, “Yes!”
How they describe their product/innovation: Fraudsters now have easy access to generative AI technology that can be used to create voice clones and attempt to defeat voice biometrics systems in banking contact centers. At Finovate, Illuma is unveiling the latest deepfake detection technology designed to combat this new threat and safeguard against account takeovers.
Product distribution strategy: Direct to Business (B2B), through other fintech companies and platforms
Credit Union/Community Bank Fit: Credit unions and community banks
Contacts:
Bus. Dev.: Amy Travers (VP, Sales), [email protected], 407-576-5909
Press: Milind Borkar (Founder & CEO), [email protected], 972-217-7106
How they describe themselves: Infinant provides flexible platform and launch-acceleration tools for banks to distribute financial products through non-financial institution providers and distribute products and services from fintechs through their bank channels. The interlace platform differentiates by giving banks choice in their selection of features, fintech, and processors for complete ownership of their ecosystem so that they can succeed with their customers, fintech and brands.
How they describe their product/innovation: Our Interlace platform includes our central console that allows banks to manage multi-lane distribution channels, including bank-owned digital apps, brand apps or fintech sponsored apps. This is in-market today with numerous banks. On stage, we are demonstrating the latest version that includes the timely release of our compliance and operations dashboard providing real-time oversight for bank leadership to manage the health of their distribution channels.
Product distribution strategy: Through financial institutions
Credit Union/Community Bank Fit: Credit unions and community banks
Contacts:
Bus. Dev.: Kyler Bishop (SVP, Business Development), [email protected], 205-837-5286
Press: Chris Siemasko (Chief of Staff), [email protected], 704-564-1107
How they describe themselves: LiquidTrust builds innovative global payment solutions for the world’s small businesses.
How they describe their product/innovation: In most business transactions, one side takes on more risk – either buyers pay and hope for proper delivery of goods and services or sellers deliver first and wait for payment. With their newest product, Liquid Trust, businesses can hold payments in third-party micro escrow accounts to protect against delays, defaults, and fraud. LiquidTrust’s goal is to reduce the risk and equalize the power in business relationships so that all modern businesses of any size can work together and grow with ease, flexibility, and confidence.
Product distribution strategy: Direct to Business (B2B), Through financial institutions, Through other fintech companies and platforms
Credit Union/Community Bank Fit: Credit Unions, Community Banks
Contacts:
Bus. Dev.: Sean Popock (Head of Business Development), [email protected], 917-903-9283
Press: Saujin Yi (CEO), [email protected], 310-980-8805
How they describe themselves: Kobalt Labs automates third-party risk review for modern financial institutions. They enable their customers to accelerate and strengthen compliance operations without scaling headcount, all while automatically aligning to the latest regulations in privacy, BSA/AML, ACH, lending, money movement, securities, UDAAP, and more. Kobalt is built by ex-Stanford, Affirm, and Apple founders. It is backed by YCombinator and NVIDIA’s Inception Program and is well capitalized with a16z Scout Fund, One Valley Ventures, Coughdrop Capital, and notable angel investors.
How they describe their product/innovation: Kobalt has built an AI-powered co-pilot to streamline this process. Given third-party documentation, such as contracts or questionnaires, Kobalt ingests internal policies and procedures and syncs with external legislation to instantly auto-surface and track risks.
Product distribution strategy: Direct to Business (B2B), Through financial institutions, Through other fintech companies and platforms
Credit Union/Community Bank Fit: Credit Unions, Community Banks
Contacts:
Bus. Dev. & Press: Kalyani Ramadurgam (CEO), [email protected], 858-213-1136
How they describe themselves: Instant global blockchain payment rails that make cross-border payments instant, inexpensive, and inclusive to all.
How they describe their product/innovation: Instarails network: One connection to the world’s various payment rails.
Product distribution strategy: Direct to Business (B2B), Through financial institutions
Credit Union/Community Bank Fit: Credit Unions, Community Banks
Contacts:
Bus. Dev. & Press: Yamini Sagar (Founder & CEO), [email protected], 404-314-2131
How they describe themselves: Kodex AI provides generative AI solutions that enable financial professionals to complete analyses in minutes rather than days: find information, analyze data or automatically draft reports instantly to free up time for higher-value pursuits. This new way of work increases productivity, reduces costs, quickens service times, and mitigates risk to ensure data security in a highly regulated landscape. Their specialized LLM ensures factual intelligence without compromise and their secure AI guardrails prioritize data security and compliance for users.
How they describe their product/innovation: Kodex AI’s generative AI solution enables financial professionals to complete analyses in minutes rather than days: find information, analyze data or instantly draft reports to free up time for higher-value pursuits. Kodex AI’s specialized Large Language Model (LLM) is finely tuned to handle financial data, ensuring factual intelligence with no ‘hallucinations.’ This targeted approach, coupled with the untapped potential of AI in the financial industry, gives Kodex AI a significant competitive advantage.
Product distribution strategy: Direct to Business (B2B)
Credit Union/Community Bank Fit: Credit Unions, Community Banks
Contacts:
Bus. Dev.: Thomas Kaiser (CEO), [email protected], +4915752237423
Press: Azhar Ahmad (Growth Manager), [email protected], +4915128912603
How they describe themselves: Intrepid Fox aims to revolutionise how KYC for business customers (KYB) in performed. KYB costs banks and fintech over $1000 on average and takes weeks, delaying revenue, ruining conversions and making customers unhappy.
Intrepid Fox uses cutting edge customized Generative AI technology to resolve this problem. Their innovative approach is different to the existing software providers and deals with the processes which are not yet automated.
How they describe their product/innovation: Generative AI based innovative solutions by Intrepid Fox enables employees involved in the KYC for business customers (KYB) to work 10x more efficiently. Their solution reads and understands documents, extracts data points for further analysis, clarifies with the customer what is missing or unclear, and consults the customer on document requirements. This will help reduce the cost of onboarding KYB by 50% and save at least one week of onboarding time per every customer.
Product distribution strategy: Direct to Business (B2B), Through other fintech companies and platforms
Credit Union/Community Bank Fit: Credit Unions, Community Banks
Contacts:
Bus. Dev. & Press: Roman Zilber (Founder), [email protected], +972503709901
How they describe themselves: InvestGlass is the #1 Swiss automation solution for sales and compliance. This positioning is ideal for banks, brokers, governmental entities and crypto companies looking for a non-US CRM.
They offer a suite of automation tools that make banks more productive.
The solution is built around five pillars: digital onboarding, CRM, portfolio management, marketing automation, and a client/employee portal. The solution can run on a company’s own server or on public servers such as Azure, AWS, Stack or Swisscom.
How they describe their product/innovation: Accelerate customer onboarding using “InvestGlass Forms”.
Target the appropriate audiences effectively with “InvestGlass’s Generative AI”.
Enable advisors to rebalance portfolios more swiftly and in compliance with “InvestGlass PMS Automation.”
Product distribution strategy: Direct to Consumer (B2C), Direct to Business (B2B), Through financial institutions, Through other fintech companies and platforms, Licensed
Credit Union/Community Bank Fit: Credit Unions, Community Banks
Contacts:
Bus. Dev. & Press: Alexandre Gaillard (CEO), [email protected], 41763358815
How they describe themselves: Kern AI is an innovation-focused German start-up located in Bonn. They build Generative AI applications for the financial sector leveraging their proprietary platform cognition.
With Kern AI, financial institutions can streamline knowledge-intensive tasks by deploying highly secure and accurate Large Language Model applications.
They are a team of 14 people with in-depth knowledge and passion for machine learning, who want to establish Kern as a leading player in the European AI landscape.
How they describe their product/innovation: Data incorrectness, hallucinations, and lack of context prevent enterprises from fully exploiting Generative AI.
Kern AI addresses these problems by leveraging cognition, their proprietary low-code platform that constitutes a solid backend for Generative AI applications.
The platform allows Kern AI to organise and enrich data and queries, build workflows deploying LLMs, and test and debug the pipeline. The result is a sophisticated LLM workflow builder that powers context-aware LLM applications with unmatched accuracy.
Product distribution strategy: Direct to Business (B2B)
Credit Union/Community Bank Fit: Credit Unions, Community Banks
Contacts:
Bus. Dev. & Press: Gaetano Petescia (Founder Associate), [email protected]
How they describe themselves: LemonadeLXP is a digital growth platform that helps FIs and fintechs quickly create effective training and support tools to grow their digital banking business and maximize the ROI on their technology investments. To drive digital growth, LemonadeLXP has both internal and customer-facing tools; a learning experience platform that turns staff into digital experts, and a digital enablement platform (Digital Academy) that supports staff and customers in the flow of work.
How they describe their product/innovation: The learning experience platform is purpose-built to help FIs and fintechs upskill frontline staff so they can promote and support digital banking. The platform uses a combination of game-based learning, technology walk-throughs, and role-play scenarios to turn staff into digital experts.
The digital enablement platform (Digital Academy) is the world’s fastest tool for creating an online hub with walkthroughs of your bank’s digital products to support staff and customers in the flow of work.
Product distribution strategy: Direct to Business (B2B)
Contacts:
Bus. Dev.: John Findlay (Founder & CEO)
How they describe themselves: Illuma Labs is a fintech innovation company that delivers real-time voice authentication and fraud prevention solutions for credit unions and community banks through our flagship product, Illuma Shield™. Our proprietary solution has been showcased at multiple premier fintech events such as FinovateSpring and FinovateFall. Illuma won Best in Show at VentureTech in 2019, NACUSO’s Next Big Idea award in 2022, and the CreditUnions.com 2022 Innovation Series in the Member Experience category.
How they describe their product/innovation: Illuma has partnered with Glia to bring passive voice authentication into Glia’s Digital Customer Service platform. This enhances Glia’s market leading capabilities for seamless transitions in the customer journey across omnichannel engagement, frictionlessly authenticating customers when they transition into a voice channel. The partnership between Illuma and Glia offers FI members and customers convenient and secure access to their finances with cutting edge voice biometrics from Illuma and industry leading omnichannel customer experience from Glia.
Product distribution strategy: Direct to Business (B2B), Through other fintech companies and platforms
Contacts:
Bus. Dev.: Curtis Manley (Account Executive), [email protected], 214-264-3123
Press: Milind Borkar (Founder & CEO), [email protected], 972-217-7106
