How they describe themselves: At Novabase, we strive to make people’s lives simpler and happier through technology. With over 25 years of experience, we have developed a co-creative approach that maximizes the impact of our expertise alongside the expertise of our customers. We are showcasing Wizzio Powered by IBM Watson, the smart machine for financial advisors to drive sales and productivity, and launching MyWizzio, the client facing version of Wizzio to deliver a tailored mix of self-service and direct-to-advisor engagement. We look forward to meeting you, hearing about your work, and sharing more about our solution!
How they describe their product/innovation: Wizzio Powered by IBM Watson is a smart machine for financial advisors that provides a unique approach to drive sales and productivity. Built as an intelligent ecosystem of apps designed to leverage your existing tools and third parties, the solution adapts around each user’s context, using cognitive computing to achieve a higher level of performance when managing research, relationships, and sales. MyWizzio extends this tailored experience to the end clients, creating a more holistic landscape with the right mix of self-service and direct-to-advisor engagement.
Product distribution strategy: Direct to Business (B2B)
Contacts:
Press: Jay Wong, Senior Bus. Dev.
Sales: Pedro Gaspar, Head of Innovation
How they describe themselves: The mission of New Kapitall Holdings is to provide Millennials and the like minded with the financial tools they need to live life to the fullest, today and tomorrow. We are a destination social platform where individuals can take control of their financial lives, learn about and invest in the financial markets. We align product with the individual’s needs in an educational and rewarding environment, whether it’s paying down debt, saving a bit for the future, or establishing a retirement account or 401(k).
How they describe their product/innovation: Introducing KapitallM, our new app based on a unique savings-first product modeled on the global success of Prize-Linked Savings Accounts or PLSAs.
A PLSA is a special savings account where you have a chance to win cash and prizes based on how much money you save. It’s designed for the Millennial generation to secure its financial future by encouraging savings and paying down debt in a social, mobile, fun interaction. But, we’re adding a few twists to the traditional PLSA in our new KapitallM app to include ways to win money by paying off student loan debt and by simply testing your personal finance knowledge.
Product distribution strategy: Direct to Consumer (B2C), Direct to Business (B2B), through financial institutions, through other fintech companies and platforms. licensed
Contacts:
Bus. Dev.: Miriam Eaves, [email protected], 917-885-9057
How they describe themselves: Late payment of invoices has become endemic. The average small business invoice in the UK takes 71 days to be paid, and small businesses are often caught unaware when customers fail and are unable to meet unpaid bills. CreditHQ was developed to tackle this problem.
How they describe their product/innovation: CreditHQ takes data from major credit data suppliers and uses that to allow small businesses to check the credit status, payment performance, and financial health of the companies they invoice.The CreditHQ Insight Engine explains what each piece of information means within the context of the relationship that a business has, and gives options on what actions might be taken.
Product distribution strategy: Direct to Consumer (B2C), Direct to Business (B2B), through financial institutions
Contacts:
Bus. Dev., Press & Sales: Jane Hewitt, Head of Marketing, [email protected], +44 07 8609 45837
How they describe themselves: North Side enables a new customer experience using: English conversation (speech or typing) to process transactions or access self-help information from mobile or PC platforms. Our VerbalAccess is a language based interface for banking, credit card, payments, lending, and insurance applications, databases, and websites. We developed robust English conversation software while working on Bot Colony, the world’s first video game that understands English, where players speak with the game’s characters. Since 2014 we’ve been busy adapting our Natural Language Understanding (NLU) technology for financial services to power transactions and self-help customer care through interactive conversation.
How they describe their product/innovation: VerbalAccess enables online banking through speech or typing, and goes beyond single commands or questions, supporting conversations and enabling customers to clarify their intent. VerbalAccess is like a telephone banker, investment advisor, or claims processing specialist rolled into one, accessible any time, from anywhere. The customer’s ability to use their own words to ask questions or say what they want is the key to discovering and using the full functionality of financial applications, increasing customer satisfaction. The customer knowledge gleaned from individual conversations enables your institution to personalize the services it offers, and sell individual customers the products they need.
Product distribution strategy: Direct to Business (B2B), through financial institutions, through other fintech companies and platforms, licensed
Contacts:
Bus. Dev., Press & Sales: Eugene Joseph, CEO, [email protected], 514-935-4566
How they describe themselves: PsychSignal is a privately-held Delaware Corporation that works with quant funds, hedge funds, trade execution platforms, chart platforms, investment advisory firms and traders to deliver innovative solutions and licensable public opinion data mining data feeds & web applications to the investment community.
How they describe their product/innovation: The Company’s “Natural Language Processing Engine API” delivers the public’s real-time opinions about stocks and other financial securities by categorizing and quantifying the millions of “tweets” and “ messages” issued by Twitter, StockTwits, T3Live chat rooms, and other social media sources.
The Company’s PsychCycle algorithms extract the signals from the social-media sentiment data noise to dramatically improve traders’ ability to objectively anticipate market turns.
Product distribution strategy: Direct to Business (B2B), through financial institutions, through other fintech companies and platforms, licensed
Contacts:
Bus. Dev., Press, & Sales: James Crane-Baker, CEO, [email protected], 805-284-8654 &
Bjorn D.H. Simundson, Marketing & Sales, [email protected], (o) 805-678-0602
How they describe themselves: At Prairie Cloudware, we believe financial institutions own the level of trust required to fuel the adoption of digital payments. In addition, because financial institutions anchor the payment system today, they have the reach required to address all the channels consumers want to use without requiring significant change in the payments infrastructure or the habits of the merchants and consumers who depend on it. Only financial institutions are in a position to provide a solution that works with all digital devices and that is not restricted to a single device, operating system or business model, giving FIs the opportunity to add $300-$600 of revenue per account via digital payments offerings.
How they describe their product/innovation: Prairie Cloudware’s Digital Payments Guardian™ (DPG) is a powerful gateway that interconnects payment applications like mobile wallets, banks and emerging token service providers. It provides financial institutions with the ability to deliver secure, convenient, easy to use digital payment services to their customers through their existing digital banking channels. The DPG solution utilizes the existing payment infrastructure, leverages the trust related to payments that consumers place in financial institutions and places those institutions in direct control of the payments relationship maintained with consumers. It is a SaaS-based solution that utilizes a cloud-based infrastructure.
Product distribution strategy: Direct to Business (B2B), through financial institutions, licensed
Contacts:
Bus. Dev. & Sales: Doug Parr, CRO, [email protected]
Press: Michael Carter, CMO, [email protected]
How they describe themselves: Persistent Systems builds software that drives the business of our customers; enterprises and software product companies with software at the core of their digital transformation.
How they describe their product/innovation: BuddyPay is essentially a switching mechanism for Payment made for purchase of Goods and Services from an Online site. It’s a mechanism that allows another person/entity (Payer) to pay for Goods and Services purchased by someone else (Buyer). The payment is done on the Online site (Seller) in real time. The name was coined as BuddyPay, as it involves two persons, Buyer and Payer (father/son, two friends, etc.) who are very well known to each other, i.e. ‘buddies’.
Product distribution strategy: Direct to Consumer (B2C), Direct to Business (B2B), through financial institutions, through other fintech companies and platforms, licensed
Contacts:
Bus. Dev.: Prasad Deshpande, GTM Partner, Financial Services
Press: Rashmi Joshi, Associate Manager Corporate Communications, [email protected]
Sales: Kiran Naik, EVP, [email protected]
How they describe themselves: PayActiv makes payroll work more effectively for the benefit of both employers and employees. In the US, payroll is processed in arrears and a staggering $120B remains stuck in transit every week, while over 80M Americans are living paycheck to paycheck. PayActiv partners with employers to provide their employees access to earned income in real-time. PayActiv’s service makes a measurable impact on employee recruitment, engagement, productivity and retention. Employees using the PayActiv real-time payroll are able to enjoy income smoothing, stress free cash management options and savings with security and dignity.
How they describe their product/innovation: PayActiv’s MyMo (My Money) app and ecosystem requires no change in existing IT or payroll process of an employer. Employees enrolled in MyMo can (1) intelligently manage their finances; (2) instantly access funds to bridge the timing gap between earning and spending; (3) deal with emergencies without taking predatory loans or having exposure to overdraft fees.
Product distribution strategy: Direct to Business (B2B), through financial institutions, through other fintech companies and platforms, licensed.
Contacts:
Bus. Dev. & Press: Safwan Shah, CEO & Founder, 408-676-6561
Sales: Ijaz Anwar, COO, 408-606-8443 x103
How they describe themselves: Outski is dedicated to helping companies improve margins and reduce costs by focusing on the health and well being of their employees. Happy, healthy, and productive employees make for happy, healthy, and lucrative businesses. Outski is motivated by the core concept of balance to create sustainable productivity. The result of this pursuit is 401(play), a platform that improves employee health and wellness, increases productivity, and reduces job related stress. Outski envisions a world where all businesses across the nation provide tools to help their employees become better, and more well balanced individuals.
How they describe their product/innovation: Outski has developed a program called 401(play) that motivates participants to prioritize PLAY in their lives by lifting the barriers to taking great vacations. 401(play) is brought to users through their employer, allowing the allocation of direct deposit dollars to their personal Vacation Savings Account. The Outski platform promotes interactive planning with goal-based savings to help people live happier, healthier, and more enriched lives with a focus on financial responsibility. As a robust planning tool with rich data implications, 401(play) can market numerous financial products in practical and easy to understand ways that improve the financial wellness of customers.
Product distribution strategy: Direct to Consumer (B2C), Direct to Business (B2B), licensed
Contacts:
Bus. Dev.: Ryan Nelson, VP Bus. Dev., [email protected], 520-603-5217
Press: Mark Schmidt, COO, [email protected], 520-222-6275
How they describe themselves: We help banks and credit unions grow by providing them with powerful marketing automation and customer relationship software.
How they describe their product/innovation: Banks and credit unions have an abundance of customer data already present in their current software systems. The problem is, that data isn’t easily actionable or extractable when they want to use it to communicate with customers. Core iQ connects to those systems in a secure manner, behind the firewall, to enable automatic communication and cross-selling through email, SMS text, direct mail, and many other channels.
Product distribution strategy: Direct to Business (B2B), through other fintech companies and platforms, licensed
Contacts:
Bus. Dev., Press & Sales: Michael Browning, CEO, [email protected]
How they describe themselves: Ondot Systems was founded in 2011 by professionals from mobile, security, and payment card industries who share a vision of transforming how consumers interact with their financial institutions. At Finovate Spring 2014, Ondot launched CardControl, a solution that empowers consumers to control payment cards from a smartphone app. Since the launch, CardControl was brought to market by Fiserv (under the brand name of CardValet), COOP Financial Services (under the brand name of CardNav), and Vantiv (under the brand name of MobiMoney). Ondot’s partners have signed up over 100 financial institutions for delivering card controls to consumers.
How they describe their product/innovation: CardConnect utilizes the smartphone app and location, and transaction context to establish an instant communication channel enabling financial institutions and consumers to converse in real-time.
- Card Issuers can notify at-risk cards to consumers and set higher level of controls
- Card Issuers can request consumers to confirm any transaction in real-time
- Consumers can initiate transaction disputes from their mobile device
- Consumers can set travel notifications, and Card Issuers can automatically update notifications using location tracking on the consumer’s phone
- Consumers can rate transactions, and Card Issuers can use aggregate ratings to create personalized contextual offers
Product distribution strategy: Through financial institutions
Contacts:
Press: Rachna Ahlawat, EVP, Product Management & Marketing, [email protected], 408-472-3336
Sales: [email protected]
How they describe themselves: Ex-bankers who have developed a revolutionary mobile banking platform. Banks will use this solution to implement a truly client-centric mobile banking experience that helps them to compete more effectively with other banks and, also, their new competitors from technology industries. NAMU is referred to as ‘Joyful Banking’ – using the NAMU app is natural, personal, relevant, and enjoyable. With the growing importance of the user experience in digital channels, NAMU sets a new standard in mobile banking.
How they describe their product/innovation: NAMU is a white-label mobile banking solution for banks, implementing new and intelligent behavior modeling, which focuses on customer behavior and digital experiences. It is based on a patent-pending ‘Social spending behavior algorithm.’ The product highlights include: highly visual user experience, Google-like search through the customer’s entire transaction history and across all banking products, new data organization, contextual, personal and relevant permission-based advertising of targeted offers, promotions, and loyalty services to consumers as well as a virtual personal branch. For each bank, NAMU connects easily to many complex banking systems with a centralized API and data-centric architecture.
Product distribution strategy: Direct to Business (B2B), through other fintech companies and platforms
Contacts:
Bus. Dev., Press & Sales: Piotr Budzinski, CEO & Co-Founder, [email protected] & Thomas Ko, President & Co-Founder, [email protected]
