How they describe themselves: ID Analytics is a leader in consumer risk management with patented analytics, proven expertise, and real time insight into consumer behavior. By combining proprietary data from the ID Network® – one of the nation’s largest networks of cross-industry consumer behavioral data – with advanced science, ID Analytics provides in-depth visibility into identity risk and creditworthiness. Every day, many of the largest U.S. companies and critical government agencies rely on ID Analytics to make risk based decisions that enhance revenue, reduce fraud, drive cost savings, and help protect consumers. ID Analytics is a wholly owned subsidiary of LifeLock, Inc.
How they describe their product/innovation: For organizations aspiring to easier, simpler experiences in digital channels, especially mobile, the new enrollment solution from ID Analytics provides a fast, easy, and secure way to enable consumers to open new accounts. Unlike mobile apps that have lengthy forms and cumbersome authentication processes, our enrollment solution uses sophisticated matching analytics to fill in the required data fields instantly, verify the consumer’s identity, and score the applicant for identity fraud in real time. Powered by the ID Network®, our solution automatically and accurately confirms valid identities in real time with the input on only a few pieces of information.
Product distribution strategy: Direct to Business (B2B)
Contacts:
Bus. Dev. & Sales: Gavin Sollinger, Bus. Dev. Director, [email protected], 858-924-1233
Press: Elizabeth Soares, Zeno Group, [email protected], 415-583-4433
How they describe themselves: Jack Henry & Associates is a leading provider of technology solutions and payment processing services primarily for the financial services industry.
How they describe their product/innovation: The Banno Platform from Jack Henry & Associates allows any financial institution to launch a modern, mobile first account within 120 days. This solution empowers financial institutions to offer accounts that meet modern consumer expectations for account access, functionality, customer service, and user experience. The Banno Platform offers financial institutions a single source for product marketing, delivery, and service.
Product distribution strategy: Through financial institutions
Contacts:
Bus. Dev.: Debbie Wood, [email protected], 704-357-0298
Press: Heather Sugg, Account Supervisor & Regional Manager, William Mills, [email protected], 813-374-6362
Sales: Wade Arnold, [email protected], 877-884-3327 x4401105
How they describe themselves: IDmission offers cloud-based solutions for Identity initiated customer on-boarding and engagement including KYC, biometrics, and payments. Our technology toolkit consists of a cloud based platform (Ada) with a built in service bus that connects to third parties on demand. The Ada API enables front-end applications to easily use all of Ada’s sophisticated capabilities for enabling modern commerce via customer and transaction management.
How they describe their product/innovation: INFORM is a fully configurable Enterprise product that enables building of sophisticated user experiences without any programming. You can build your own forms with KYC, document management, image processing, biometrics, online calls, rules configuration, workflows, and payments integrated into them. INFORM is integrally connected to Ada, our cloud platform infrastructure, enabling reuse of all Ada’s software components and connectivity to third party systems.
Product distribution strategy: Direct to Business (B2B), through financial institutions, through other fintech companies and platforms
Contacts:
Bus. Dev. & Sales: Ashim Banerjee, CEO, [email protected], +1 800-925-8041 x201
Press: Angela Schmuck, VP Product Development, [email protected], +1 800-925-8041 x204
How they describe themselves: Post-sale software solutions for the life insurance market. Insurance carriers and distributors have historically overlooked the post-sale proactive customer service, up-sell, and cross-sell opportunities. Compliance requirements also mandate ongoing reviews of inforce policies. There are over 1.5M agents globally who deal with life insurance and are part of InforcePRO’s target market.
How they describe their product/innovation: The real-time policy review tool allows life insurance distributors to run policy reviews instantly. InforcePRO has legacy rate tables, contractual knowledge on legacy products, new quotes capability, and extensive analysis algorithms to identify sales and service opportunities on ANY policy sold in the last 30 years.
Product distribution strategy: Direct to Business (B2B), through financial institutions, through other fintech companies and platforms
Contacts:
Bus. Dev. & Press: Karan Kanodia, Co-Founder
Sales: Cameron Jacox, Co-Founder
How they describe themselves: LoanNow is a responsible lender with a mission to help good people get better loans. Pioneering the concept of “motivational lending,” LoanNow offers deep subprime borrowers the opportunity to reduce their cost of credit over time. This is possible through our proprietary repayment motivation algorithm that incentivizes good financial behavior. Positive behaviors, like timely payments, can unlock loan credits to lower computed APR during the loan lifecycle. Successful borrowers will also build their LoanNow score to qualify for better terms on future loans.
How they describe their product/innovation: LoanNow debuted a groundbreaking new form of loan co-signing called “Group Signing” as part of its motivational lending platform. Group Signing amplifies the traditional benefit of a co-signer by leveraging crowdsourcing technology to share the risk among a broader group of people in smaller allotments. This lowered risk profile allows LoanNow to actively pass along its own risk savings in the form of a lower APR during the loan lifecycle. Combined with other active APR reduction incentives LoanNow now offers, Group Signing has the potential to save borrowers significant amounts of money in interest payments.
Product distribution strategy: Direct to Consumer (B2C)
Contacts:
Bus. Dev.: Miron Lulic, President & COO, [email protected]
Press: Michael Azzano, Public Relations, [email protected]
How they describe themselves: LendKey creates and manages online lending programs for banks and credit unions, bringing low-cost loans and transparent terms directly to consumers. Our turnkey platform allows lenders to quickly launch online lending programs, attract new borrowers and grow their portfolios. Our vision is to transform a $3.2T consumer lending market by connecting thousands of banks and credit unions with millions of customers through the LendKey MarketPlace.
How they describe their product/innovation: Leveraging LendKey’s experience in building real-time loan origination systems, the LendKey MarketPlace empowers consumers to browse, customize, compare and complete the entire loan shopping process via a single interface. This represents a dramatic step forward from current consumer loan marketplaces which collect consumer information and may provide some pricing information, but eventually transfer the borrower elsewhere to complete and submit the loan.
Product distribution strategy: Direct to Consumer (B2C), Direct to Business (B2B)
Contacts:
Bus. Dev. & Sales: Jason Hills, SVP Sales, [email protected]
Press: Tracey Koblick, JCUTLER media group, [email protected], 323-969-9904
How they describe themselves: LendingTree is the nation’s leading online loan marketplace, empowering consumers during the mortgage, refinance, personal, student, and auto loan process. LendingTree provides an online marketplace, which connects consumers to multiple lenders that compete for their business, as well as an array of online tools and information to help consumers find the best loan and save money on their money.
How they describe their product/innovation: My LendingTree is a personalization platform with a dashboard to view all credit-related accounts. Using a proprietary, intelligent savings and recommendation engine, LendingTree alerts consumers when there is an opportunity to save money based on real-time data on the LendingTree network.
Product distribution strategy: Direct to Consumer (B2C), Direct to Business (B2B), through financial institutions, through other fintech companies and platforms, licensed
Contacts:
Bus. Dev.: Jamie Saxe, VP Bus. Dev., [email protected] & Bruce Cook, SVP Bus. Dev., [email protected]
Press: Megan Greuling, Sr. Communications Manager, [email protected]
Sales: Sam Mischner, SVP Lending Exchange, [email protected]
How they describe themselves: Kofax is a leading provider of smart process applications that simplify the business critical First Mile™ of information-intensive customer interactions. The company combines market leading capture, process management, analytics, and mobile capabilities that enable organizations to increase their responsiveness to customers, provide better service, gain a competitive advantage, and better grow their businesses while reducing operating costs.
How they describe their product/innovation: Kofax demonstrated how its Mobile Capture Platform can onboard customers with the right product at the right time with the right risk assessment profile in a completely automated fashion. The mobile account opening solution incorporates mobile image capture, authentication, workflow, real time decisioning, product selection, and digital signature capture to “seal the deal.” Kofax’s platform combines the speed and convenience of mobile to enhance the user experience, with the security and confidentiality of a traditional branch experience. This is the only platform in the market that incorporates all of the critical components needed to make real-time, intelligent and risk balanced decisions using a mobile device.
Product distribution strategy: Direct to Business (B2B), through financial institutions
Contacts:
Press: Gina Ray, [email protected], 949-370-0941
Sales: Drew Hyatt, SVP Mobile Applications, [email protected], 415-999-8870
How they describe themselves: Knox Payments is a payments and security service that allows merchants to conduct ACH payments. These are transactions wherein customers can pay directly to merchants using their bank accounts. What differentiates the service from its competitors is its primary focus on speed. In addition, Knox Payments does not offer user accounts, and simply functions as a tool for fast online checkouts.
How they describe their product/innovation: Knox Assured: Designed to give a credit card-like instant authorization of transactions.
Knox Verified: Basic ACH transaction with built in account verification.
Product distribution strategy: Direct to Consumer (B2C), Direct to Business (B2B), through financial institutions, through other fintech companies and platforms
Contacts:
Bus. Dev. & Sales: Julius Gartner, Director of Bus. Dev., [email protected]
Press: Nisa Chavez Taylor, [email protected] &
Joel Andren, [email protected]
How they describe themselves: Karmic Labs has built an intelligent API-based virtualization layer atop existing payment layers to offer innovative payment and SaaS solutions to organizations and enterprises. Its key product, Dash, showcases these features; Karmic’s APIs also allow others to build and offer such value added services to card issuance, including FIS.
How they describe their product/innovation: Through a single app, Dash allows employees of companies and organizations to dynamically gain access to corporate funds through various mechanisms configured to the entity – Dash also handles all expense management at no cost and in real-time (no more time delays or need for third party solutions). The API based Dash marketplace also enables additional financial services. The service functionality is available directly to businesses via Dash, as well as through participating financial institutions via a partner of Karmic Labs.
Product distribution strategy: Direct to Business (B2B), through financial institutions, through other fintech companies and platforms
Contacts:
Bus. Dev. & Sales: Mario Furgiuele, [email protected]
Press: Anna Sidana, [email protected]
How they describe themselves: Kabbage has pioneered the industry’s only technology and data platform to provide small businesses financing in minutes. Kabbage leverages data generated through business activity such as online sales, shipping, business software, checking account, and dozens of other sources to understand performance and deliver fast, flexible funding instantly.
How they describe their product/innovation: Kabbage introduced the Kabbage Card – the company’s first tangible product that allows small businesses to carry their Kabbage credit line in their pocket to pay for inventory, office supplies, and anything needed to keep their business running. Kabbage customers will gain immediate access to their Kabbage loan without having to transfer funds into their PayPal or business checking account. Swiping their Kabbage Card will immediately deduct the transaction amount from the customer’s available funds. In addition, customers will have access to view all transactions immediately within their Kabbage account, as well as receive transaction confirmation via SMS text.
This new initiative is part of a broader “Kabbage Everywhere” product expansion that includes the ability to sign up through a mobile responsive site, access funds through mobile devices and take 12-month loans in addition to the traditional 6-month loans.
Product distribution strategy: Direct to Business (B2B)
Contacts:
Bus. Dev.: Pete Steger, Bus. Dev., [email protected], 404-692-5743
Press: Ann Noder, Pitch PR, 480-263-1557
Sales: David Green, Sales, [email protected]
How they describe themselves: itBit is a global bitcoin exchange offering institutional and retail investors a powerful platform to buy and sell bitcoin.
By combining Silicon Valley innovation with Wall Street expertise, itBit is building next-gen digital currency products and services. As a pioneer in bitcoin technology and regulatory compliance, our core mission is to provide clients with a trusted institutional-grade exchange that operates at the highest level of sophistication. Our team’s financial expertise combined with our passion for the transformative power of bitcoin creates a culture focused on innovating the financial technologies of the future.
How they describe their product/innovation: itBit offers an institutional-grade exchange that is available to traders around the world. Our innovative platform, created for retail and institutional clients, adheres to the strictest levels of regulatory compliance and recently became the first and only regulated exchange that can accept customers across the US. The exchange supports both REST API and the Financial Information Exchange (FIX) protocols to serve sophisticated traders.
Contacts:
Bus. Dev.: Bobby Cho, Director of Institutional Client Group, [email protected]
Press: [email protected]
