How they describe themselves: Insuritas delivers virtual private-label insurance agencies that are completely integrated into bank, credit union, and ecommerce technology platforms. E-InsuranceAISLE™, launched in Q3 2013, is integrated inside financial institutions’ online banking ecosystems and is generating over 2 million free product impressions per month and growing over 10% per month. LoanINSURE™ automatically generates insurance quotes from competing carriers when customers apply for a car, home, or small business loan. Insuritas is a revolutionary ecommerce solution monetizing online banking services, repositioning insurance distribution to be consumer facing and frictionless, producing critical annuitizing non-cyclical fee income, and transforming bank websites from brochureware into ecommerce engines.

How they describe their product/innovation: The SmartCART Technology™ platform allows millions of online banking customers to access a supermarket for financial products entirely inside a bank’s online ecosystem. SmartCART provides the same shop, compare, buy, single-checkout, and post-sale online account management experience as Amazon.com but features consumer and small business insurance products from multiple carriers who use SmartCART to compete on coverage. SmartCART features buy online, instant issue, online fulfillment for all purchases, takes a single payment from the consumer, reconciles to all carriers providing coverage, and creates an online “Insurance Account” that is available to the customer through the bank’s or e-tailer’s web portal.

Product Distribution Strategy: Direct to Consumer (B2C), Direct to Business (B2B)

Contacts:

Bus. Dev.: Jeffrey Chesky, CEO & President, [email protected], 860-653-1112
Press: Jennifer Vasseur, Director of Marketing, [email protected], 860-653-1114
Sales: Matthew Chesky, SVP Corporate Sales, [email protected], 860-653-1182

How they describe themselves: IntelliResponse provides virtual-agent technology solutions for the enterprise. We create profitable online conversations for our private and public sector customers around the world. Our patented Virtual Agent solutions transform corporate websites, mobile applications, social media channels, and agent desktops into world-class self-service platforms. Using IntelliResponse, consumers can ask questions using natural language and get instant, accurate answers as well as targeted offers that lead them down the purchase path and improve conversion. What’s more, the key voice of the customer’s insight is captured in natural language allowing companies to build highly detailed customer profiles over time.

How they describe their product/innovation: VOICES is the first and only Voice-of-the-Customer technology designed to help enterprises visualize and derive actionable insight from customer questions posed on digital channels. VOICES captures and automates authentic Voice-of-the-Customer data from client interactions across web, mobile, agent, and social channels and transforms it into a collection of customer insights.

OFFERS turbocharges the online offers approach by increasing the precision and relevance of targeted offers, resulting in increased conversion in orders of magnitude not possible with traditional approaches. When a customer asks a question via our virtual agent, in addition to getting the one right answer, the customer also receives the one right offer.

Product Distribution Strategy: Direct to Business (B2B)

Contacts:

Bus. Dev.: Mike Hennessy, VP Marketing, [email protected]
PR: Dwayne Weppler, Head of Marketing Communications, [email protected]
Sales: Mike Minelli, VP Sales, [email protected]

How they describe themselves: Interactions is changing the way leading companies communicate with their customers by transforming frustrating customer-care experiences into productive conversations. We deliver conversational customer-care, sales, service, and support solutions based on our patented adaptive-understandingä technology that seamlessly integrates human and artificial intelligence. We’re a hosted service provider with a success-based pricing model that removes risk for our enterprise-class clients. The result is a dramatic reduction in cost, unparalleled customer experience, and increased brand loyalty.

How they describe their product/innovation: Interactions is demoing their conversational solutions for financial institutions. Conversational solutions can seamlessly provide callers with access to balance, transaction history, and account information; yet, Interactions goes a level beyond by allowing the caller to inquire into recent charges, ask complex questions about their accounts, change account information such as addresses and emails, report a card as lost or stolen   . . . the list goes on. During our demo, we are calling into a live demo application for a demo client “Franklin Bank & Trust” and interacting with the solution in real time.

Product Distribution Strategy: Direct to Business (B2B)

Contacts:

Bus. Dev.: Phil Gray, EVP Bus. Dev., 847-565-9070
Press: Dan Fox, Marketing Manager, 609-413-1251
Sales: Linda Mockbee, Inside Sales Director, 703-542-5344

How they describe themselves: Utilizing advanced computer-vision technology, Jumio is a next generation credentials-management company offering payments and ID scanning & validation products for mobile and web transactions. Designed to reduce fraud and increase revenue by minimizing friction in customer transactions, Jumio’s products integrate easily into mobile apps and websites and create great customer experiences. Jumio’s products are widely used by leading retailers, marketplaces, and financial institutions.

How they describe their product/innovation: When customers arrive at your sign-up or checkout form they see a “Scan ID” option in addition to traditional key entry fields. Your customer simply taps the “Scan ID” button, selects the ID they wish to use, and holds it up to their device camera. Fastfill scans the ID, extracts the data it contains, and feeds data into your new account form; it takes just a second or two. Our patented technology offers three different data reading capabilities: bar code, MRZ, and OCR to enable customer data to be extracted from any of three ID types issued by over 100 countries.

Product Distribution Strategy: Direct to Business (B2B)

Contacts:

Sales & Partnerships: [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® is demonstrating how its new Mobile Capture Platform can help customers automate the process of checking balances on their retail gift cards. The demonstration shows how retailers can enable virtually any smartphone or tablet to hover over a card, detect it, automatically identify the vendor, and immediately display the available balance. The solution makes gaining access to gift card information more convenient for gift card issuers. It also gives vendors a cost effective tool that helps them deliver better service and faster transactions to increase customer satisfaction.

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: Kreditech is building the consumer-focused finance company for the 21st century. With its proprietary big-data scoring and underwriting technology, the Hamburg-based startup has built the foundation for personal finance products in emerging consumer finance markets. Customers can apply for short-term and long-term loans from €50 to €2,500, credit cards and other finance products in just a few minutes online or over mobile phones. Creditworthiness of a user is determined in less than a minute on the basis of up to 10,000 data points and loans are paid out automatically within minutes to a customer’s bank account, credit card or e-wallet.

How they describe their product/innovation: The self-learning proprietary algorithm scores an applicant’s creditworthiness within less than a minute. Without having to go to a bank, the customer can apply for his loan online or mobile, whenever and wherever. If accepted, the loan is paid out to their bank account within 10 minutes. Compared to traditional rating organizations like Schufa or FICO, the Kreditech Algorithm only studies the financial situation of the customer in the moment of the application and does not use historical data. The technology is therefore flexible and can quickly enter and adapt to new markets. There are 5 billion people in the world that have no access to financial products, and our technology is able to provide that to them.

Product Distribution Strategy: Direct to Consumer (B2C)

Contacts:

Press: Laurent Schüller, Head of PR & Brand Management, [email protected],
+49 0 40 605905 617

How they describe themselves: LendingRobot automates loan selection and investment in Peer Lending.

With sophisticated yet simple-to-use analytics tools, LendingRobot allows investors to optimize their strategies and define rules to systematically execute them. Automation also helps save time and increases returns by continuously reinvesting idle cash.

LendingRobot selects and submits orders in less than one second after new loans appear, thereby allowing individual investors to compete with hedge funds and institutions for the most sought-after opportunities.

LendingRobot was created by veteran entrepreneurs Gilad Golan and Emmanuel Marot after they became frustrated by how time consuming it was to manage their Peer Lending investments.

How they describe their product/innovation: Twenty-four hours a day, 7 days a week, LendingRobot uses machine-learning algorithms and real-time scoring to select and fund loans before they’re snatched up by institutional investors.

Product Distribution Strategy: Direct to Consumer (B2C), Direct to Business (B2B), through financial institutions, through other fintech companies and platforms

Contacts:

Bus. Dev., Press & Sales: Emmanuel Marot, President, [email protected]

How they describe themselves: LendingTree is the nation’s leading online source for competitive home loan offers empowering consumers during the mortgage, refinance, and auto loan processes. 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. Since inception, LendingTree has facilitated more than 30 million loan requests and $214 billion in closed-loan transactions. LendingTree provides access to lenders offering mortgages and refinance loans, home equity loans and lines of credit, credit cards, personal loans and more.

How they describe their product/innovation: LendingTree’s new mobile app empowers consumers to find the best deal on a home loan. Through LendingTree’s LoanExplorer platform, which tracks real-time loan offers, the mobile app analyzes a user’s current loan offer and compares it to real-time offers being made by lenders on the LendingTree network based on available interest rates, fees, charges, and monthly payments.

The easy-to-use app allows users to submit data found in the Good Faith Estimate (GFE) of a consumer’s current loan offer. The tool then analyzes the interest rate, origination fees, and monthly payments to identify possible areas for improvement. Using interactive charts, consumers can see where and how their current offer might be improved and receive negotiating tips for getting a better deal. Additionally, the app displays several real-time offers from lenders that may be able to provide a better deal, complete with contact details and customer ratings and reviews.

Product Distribution Strategy: Direct to Consumer (B2C)

Contacts:

Bus. Dev.: Bruce Cook, SVP Bus. Dev., [email protected]
Press: Megan Greuling, Sr. Communications Manager, [email protected]
Sales: Sam Mischner, SVP Sales & Lender Operations, [email protected]

How they describe themselves: LendUp is a socially responsible lender that offers a safe alternative to consumers who banks and credit unions decline. The LendUp Ladder changes the dynamics of the small dollar loan; rather than being a dangerous first step into a cycle of debt, it becomes an opportunity to learn good financial behavior and build credit through education, gamification, and a transparent fee structure.

How they describe their product/innovation: LendUp is proud to enable partners to leverage the first RESTful API Lending Platform. We have exposed the same core platform that has built and launched LendUp’s diverse suite of consumer lending products and channels – a fully compliant mobile, web, or custom integration for consumer lending with a focus on market solutions to subprime or payday lending.

On your site or ours, your imagination is now the bottleneck, not the technology. Now there is no excuse not to offer credit to all of your customers – Banks, Credit Unions, Connected POS, Connected ATMs, Affiliates, Community Groups, Non-Profits, and Governments.

What can you think of? Simply reach out to [email protected] to learn more.

Product Distribution Strategy: Direct to Consumer (B2C), Direct to Business (B2B), through financial institutions, through other fintech companies and platforms, licensed

Contacts:

Bus. Dev.: [email protected]
Press: [email protected]

How they describe themselves: Loop invented the world’s first mobile wallet solution that allows consumers to securely store and organize all of their plastic cards (payment, gift, loyalty, ID & membership cards) and pay with Loop enabled devices (smart accessories, smartphones & smart watches) virtually everywhere. Based in Boston, MA, Loop’s patented Magnetic Secure Transmission technology turns existing mag stripe readers into mobile payment readers without any changes by the merchants or their payment processors. Loop provides not only breakthrough convenience to pay with mobile, but also the highest level of payment security to protect consumer’s card data. Loop is a Level One PCI Certified Payment Provider.

How they describe their product/innovation: Today, consumers’ wallets are stuffed with payment, gift, loyalty, membership, IDs, insurance cards and more. The LoopWallet app allows consumers to securely scan, store and organize all their cards and use them to pay with their Loop-enabled smartphone or smart accessories nearly everywhere credit cards are accepted.

Loop is demoing its LoopWallet app for iOS and Android smartphones and various AppCessories. By replicating the app set-up and retail transaction, the demonstration shows how Loop helps consumers minimize the amount of plastic they carry with them and how the LoopWallet app helps them organize their wallet quickly, securely and conveniently.

Product Distribution Strategy: Direct to Consumer (B2C), Direct to Business (B2B), through financial institutions

Contacts:

Bus. Dev.: Damien Balsan, [email protected], 617-331-0755
Press: Greg Ewald, [email protected], 408-888-4000 & Nicole Messier-Marino,
PAN Communications, [email protected], 617-502-4333
Sales: Gregory A. Lewis, President, [email protected], 678-641-6074

How they describe themselves: LOYAL3 offers a social technology platform that democratizes the investing process for individual investors and brand aficionados. Using the LOYAL3 Social IPO Platform™, people can invest in IPOs and stocks with small amounts and pay no fees. LOYAL3’s proprietary IPO platform allows companies going public to sell IPO stock to individual investors at the same price as Wall Street. LOYAL3 is democratizing the capital markets by making investing simple and fee-free for the millions that don’t currently invest.

How they describe their product/innovation: The LOYAL3 Social IPO Platform™ opens up IPO access to large numbers of individuals like never before. LOYAL3 partners with pre-IPO companies to give them a way to include consumers, employees, partners, and fans in their IPO. Through LOYAL3, people can start investing in an IPO with just $100 and pay no fees to purchase the IPO stock. LOYAL3’s IPO platform augments and complements the traditional IPO investing process by providing a way for small investors to participate in IPOs at the same price per share and at the same time as Wall Street institutions and their largest customers.

Product Distribution Strategy: Direct to Consumer (B2C), Direct to Business (B2B)

Contacts:

Bus. Dev.: Matt Gidney, VP Corporate Marketing & Bus. Dev., [email protected]
Press: Courtney Scharff, PR & Social Media Associate, [email protected]
Sales: Blake Schneider, VP Operations, [email protected]

How they describe themselves: Innovation Agency is a leading consultancy firm in the field of innovation with a presence in the United States of America, Europe, Asia, Africa, and Australia. We pride ourselves on our ability to access the untapped wealth of knowledge that resides within an organization’s idea-sharing and problem-solving networks. In the field of organizational network analysis our knowledge and experience are without equal. Using detailed informal network assessments, we are able to accurately map social and organizational networks. This is used to structure innovation initiatives in a way that ensures the greatest possible benefit for our clients’ unique requirements.

How they describe their product/innovation: Innovation Café is an advanced crowdsourcing innovation platform for companies to engage their innovation communities. It is highly configurable and is able to provide for both private and public ecologies as well as emergent and structured innovation approaches. Innovation Café is a lightweight platform with advanced white labeling and custom theme capabilities and the ability to integrate with SharePoint, HR and other systems to provide detailed reporting. It is able to deal with a high volume of users and ideas and has a sophisticated social ranking and rating mechanism. Crowdsourcing and community collaboration pay attention to business objectives that are focused through idea challenges. Our judging, recognition/reward process, and digital persona releases are our primary focuses at FinovateEurope.

Product Distribution Strategy: Direct to Consumer (B2C), Direct to Business (B2B), through other fintech companies and platforms

Contacts:

Bus. Dev., Press & Sales: Rory Moore, CEO