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. Social Media Integration and Social Network Analysis releases were our primary focuses at FinovateFall. These innovations provide a comprehensive mechanism to track public sentiment and include it in the internal innovation community.
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
How they describe themselves: Instabank was conceived by iDa Mobile, a company that has created over 20 mobile apps for banks in Russia. Our engineering team has collected a lot of experience of creating these mobile banks. We decided to create the first mobile-only bank. Thus, Instabank is a take on the way banking should be done today – in the era of Facebook and iPhones. Our aim is to rethink the whole banking experience for a customer – from terminology to financial transactions. Instead of account numbers, we see Facebook identities. Instead of point of sale IDs, we see Foursquare places. We aim to revolutionize the banking experience the way Instagram revolutionized photo sharing.
Product Distribution Strategy: Direct to Consumer (B2C) & Direct to Business (B2B)
Contacts:
Bus. Dev. & Sales: Roman Potemkin, CEO, [email protected]
Press: Alexey Shelestenko, Marketing, [email protected]
How they describe themselves: As all consumers know, calling a bank is coupled with the expectation of being forced through a difficult Interactive Voice Response (IVR) menu and long hold times. There is a better solution – and Interactions is leading the pack for major financial institutions looking to institute game changing customer care technology. Interactions enables companies to more effectively communicate with their customers. Its patented technology for automated voice and other interactive Virtual Assistant systems delivers an unprecedented level of understanding that engages banking and financial institution customers in a productive, natural conversation – exactly like a live agent.
How they describe their product/innovation: Voice-based Virtual Assistant applications for Financial Institutions can seamlessly provide callers access to balance, transaction history, and account information, however they can go a level beyond – allowing the caller to inquire into recent charges, dispute charges, ask complex questions about their accounts, enroll in promotions, change account information such as addresses and email accounts, register new cards, order replacement cards, report a card as lost or stolen… the list goes on.
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 and 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 or 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: Our solutions have already launched with continued iterations resulting from ongoing customer feedback. Enhancements to Netverify including multi-document validation, Face Match and other features to further fit specific business needs and use cases were showcased at FinovateFall 2013.
Product Distribution Strategy: Direct to Business (B2B)
Contacts:
Bus. Dev.: Emilio Disanluciano, Senior Bus. Dev. Director, [email protected], 650-424-8545
Press: Cheryl Manalo, Product Marketing Manager, [email protected]
Sales: Mike Orlando, CSO, [email protected], 650-424-8545
How they describe themselves: Kofax® is a leading provider of smart capture and process automation software and solutions for the business critical First Mile of customer interactions. These begin with an organization’s systems of engagement, which generate real time, information intensive communications from customers, and provide an essential connection to systems of record (large, enterprise applications and repositories not easily adapted to contemporary technology). Kofax improves the customer experience and reduces operating costs for increased competitiveness, growth, and profitability.
How they describe their product/innovation: Kofax demonstrated how lenders can engage borrowers directly on mobile devices enabling them to interact with the loan origination process. Specifically when loans are not in good order and trailing documents are required, the solution engages customers providing them multiple channels to accelerate and supply the complex underwriting process. While mobile is the preferred channel, an omni-channel approach is realized using web, email, or fax. Additionally as these supporting documents are processed, analytics technology provides real-time dashboards and visibility across channels of customer engagement and adoption highlighting patterns, trends, bottlenecks, and efficiencies for right channeling customers and improved decisions.
Contacts:
Bus. Dev.: Diane Morgan, [email protected], 949-378-3158
Press: Gina Ray, [email protected], 949-370-0941
Sales: Drew Hyatt, SVP Mobile, [email protected], 415-999-8870
How they describe themselves: LearnVest is an award-winning personal finance platform, which through its subsidiary, LearnVest Planning, provides high-quality, fee-based financial advisory services. LearnVest Planning, a registered investment adviser, is redefining the traditional financial planning market with a dynamic, technology-enabled service – the Action Program. The 7-Step Action Program gives clients nationwide access to unbiased financial advice, straight from Certified Financial Planners™. In addition, LearnVest offers a best-in-class Money Center app and accessible content. Since launch, LearnVest has been awarded numerous accolades, including one of Time’s “50 Best Websites of 2011” and back-to-back Best of Show awards at FinovateFall 2011 and 2012.
How they describe their product/innovation: LearnVest debuted an iPad App, which allows clients to access their custom Action Program on the go. This App brings an unprecedented level of mobility to the financial planning process. Not only are clients able to see their plan and individual CFP-issued challenges, they can also access LearnVest’s Money Center tool for a snapshot of their entire financial life.
LearnVest also debuted a new distribution channel (“Workplace Solutions”) to provide financial wellness solutions in the workplace, allowing employers nationwide to give their employees access to LearnVest’s holistic financial planning services.
Product Distribution Strategy: Direct to Consumer (B2C) & Direct to Business (B2B)
Contacts:
Bus. Dev.: Karim Naraghi, VP Bus. Dev., [email protected]
Press: Dani Dalesandro, Sunshine Sachs, [email protected], 212-691-2800
Sales: Jacqueline White, VP Strategic Partnerships, [email protected]
How they describe themselves: Lighter Capital is breaking down the barriers to capital for small businesses through the use of technology to automate the lending process, and with revenue-based loans that exchange growth capital today for a fixed percentage of a borrower’s future revenues. Using technology we evaluate and fund companies faster than banks, angels and VCs. Our revenue-based structure is designed to be “lighter” on software and technical services entrepreneurs; it’s flexible, aligns borrowers’ and investors’ interests, and minimizes dilution. Lighter Capital invests $50,000 to $500,000 into companies with revenues of $15,000 per month and up.
How they describe their product/innovation: Lighter Capital has developed the first small business lending platform to integrate CRM data and predict a borrower’s future performance. In addition to automatic integration of accounting and banking data, which provides “rearview mirror” information, Lighter Capital is the first company to seamlessly integrate CRM data to forecast the future performance of small businesses, providing lenders a “windshield” perspective on borrowers. By crunching key sales, opportunity and customer data, Lighter Capital’s technology improves underwriting and borrower monitoring, predicting financial instability months before it shows up in financial statements.
Product Distribution Strategy: Direct to Business (B2B), through financial institutions, & licensed
Contacts:
Bus. Dev.: Rob Belcher, VP, [email protected], 303-870-9529
Press: Jeff Pecor, Tailwind Public Relations, [email protected], 802-497-1932
Sales: Molly Otter, VP & CIO, [email protected]
How they describe themselves: A software company focused on the fixed income Municipal Market. Our DIVER Platform addresses the needs of Credit Analysts, Risk and Portfolio Managers, Financial Advisors, and Compliance Professionals with easy to use cloud-based, SaaS solutions. We help our users solve for the unique realities of the Municipal Market: stale financial data, over-reliance on insurance and raters, increased regulation and fiscal stress that has led to unprecedented actions (Detroit bankruptcy) and attention (unfunded pension obligations). Our platform has three offerings, each leveraging our database of over 250 distinct data sets.
How they describe their product/innovation: A comprehensive information delivery and Compliance solution serving Financial Advisor Networks. DIVER Advisor is designed to protect the firm via a robust Compliance infrastructure. Financial Advisors gain insights to activity around client positions through real-time dashboards and easily access internal credit research. A simple to generate CUSIP-driven reporting module addresses adherence to Regulatory Requirements.
Product Distribution Strategy: Direct to Business (B2B), through financial institutions, other fintech companies, Trading Platforms, Portfolio Management platforms, & licensed to firms
Contacts:
Bus. Dev. & Sales: Michael Vossler, MD Bus. Dev., [email protected],
(o) 203-276-6514, (m) 917-375-7377
Press: Patti Boyle, CMO, [email protected], (m) 610-202-7342
How they describe themselves: We solve problems, that’s what we help banks do. We’re the ultimate financial innovations company with visionary products that are breakthrough in sheer simplicity (simplicity being another word for higher ROIs). Our solutions are intuitive. They’re for banks. We know how banks work, how banks think, with technology solutions designed for what banks need. Backed by Hasso Plattner Ventures, we continue to expand our way of thinking as well as our global reach with offices in South Africa, London, Brisbane, and Mumbai. We also have a number of partnering agreements with industry leaders across the globe.
How they describe their product/innovation: Online business loan PreApprover is a customer-driven, self-service tool that identifies suitable loan customers from unsuccessful applicants with minimal effort from the bank. PreApprover reduces the amount of resources spent on the screening process and enables more business customers to apply for loans.
Product Distribution Strategy: Through financial institutions
Contacts:
Bus. Dev., Press, & Sales: Andrew Buchanan, Global Head of Sales, [email protected], (t) +44 207 692 4080, (m) +44 0 7766 804968
How they describe themselves: IntelliResponse is the leading provider of virtual agent technology solutions for the enterprise. We create profitable online conversations for our private and public sector customers around the world. With our patented Enterprise Virtual Agent (EVA) solutions, corporate websites, mobile applications, social media channels and agent desktops can all be transformed by an engaging virtual concierge, empowering customers to ask questions using natural, conversational language and delivering an effective and engaging online experience.
How they describe their product/innovation: The IntelliResponse Virtual Agent solution delivers a single, accurate, and approved answer to self-service questions posed across a wide array of customer interaction channels, including corporate websites, voice and text enabled mobile applications, social media platforms, and agent desktops.
With the addition of voice recognition technology, the IntelliResponse Virtual Agent solution enables mobile users to simply ask their question in natural conversational style and receive one right answer wherever they are.
With IntelliResponse’s voice of the customer analysis tool, banks and other financial service institutions can intelligently organize the millions of customer questions in theme clouds to be able to quickly identify trends, ideas for campaigns, and more.
Contacts:
Sales: Mike Minelli, VP Sales, [email protected]
How they describe themselves: IBSS delivers a patented RealTime 100% cloud based four factor online end user identification solution. IBSS technology can significantly improve the existing online security of any internet based application. IBSS’s patented 360 real-time biometric human identification technology provides a superior end user alternative for solving the current problems found with anonymous and transferable user names and password login standards. As a web-centric solution, IBSS’s biometric technology is simple to use, affordable, and can be rapidly deployed across any enterprise with no special hardware or software requirements. IBSS’s real-time human biometric technology is ideal for enhanced online banking customer identification, and advanced email communications security and privacy.
How they describe their product/innovation: Genesis Enterprise Edition is a full-scale comprehensive biometric identification management system. Our system uses an industry superior 4 factor identification design: 1. RealTime legal verification of end user personal information; 2. Coupled with RealTime biometric facial authentication; 3. Coupled RealTime Voice authentication; 4. Coupled RealTime event session biometric monitoring of each online financial transaction equipped with a biometric authenticated timeline audit log record. IbssMail provides a full 360 biometrically secured email platform that provides superior privacy and protection of financially sensitive online email communications.
To experience IBSS technology, sign up for a free beta trial www.ibssmail.com Promo: MAY1
Contacts:
Bus. Dev.: David Ackerman, President, [email protected], 858-610-3221
Press: Lori Bradley, [email protected], 254-744-7235
Sales: David Merritt, VP Sales, [email protected], 619-850-8900
How they describe themselves: Intuit Financial Services helps banks and credit unions grow by offering innovative online and mobile banking solutions that make it easier for consumers and businesses to manage their money. Applying more than three decades of customer insights and innovation to design its products, Intuit provides solutions that help financial institutions achieve higher customer engagement and profitability.
How they describe their product/innovation: As the economy continues to recover, consumers and the nation’s more than 21 million personal businesses are looking for tools that will make it easy for them to manage their complete financial picture, including getting ready for tax time. Intuit will demo a new Mint.com feature called Mint MyBusiness, designed specifically to help consumers who are also small business owners to manage their finances—personal and business—all in one place. Additionally, the company will demo the integration of Mint within the digital banking experience of financial institutions, blurring the lines of traditional banking tasks and financial management.
Contacts:
Bus. Dev.: Jane Wallace, VP General Management, Intuit Financial Services, [email protected] & Steve Carlson, Director Marketing & Business Development, Intuit Financial Services, [email protected]
Press: Tobin Lee, Director Corporate Communications, [email protected], 818-436-8384
Sales: [email protected], 1-888-344-4674
