FinovateSpring 2023 – Ionate

FinovateSpring 2023 – Ionate

How they describe themselves: With our next-generation AI/ML platform, we discover business rules and modernize legacy applications to cloud-native microservices. This allows clients to transition to high-performing cloud-native infrastructures and quickly scale their business, with added security, predictive forecasting, and data protection. Our current customers are primarily in the financial sector, followed by insurance, retail, and government. We are globally partnered with all major SIs – Accenture, Deloitte, Kyndryl, Infosys, NTT, etc. and smaller partners.

How they describe their product/innovation: Discover and modernize your legacy application in under seven minutes. Ionate’s solution to transforming business rules in the legacy system to cloud-native microservices addresses one of computer science’s biggest problems. We have two products that solve this. SOTERIA shows what exists in the legacy system and how to modernize it. It identifies and detects, with increased intelligence, the various technology components of the legacy system and produces a high-level assessment report. APPDATE uses our learning models to execute a custom modernization path.

Product distribution strategy: Direct to Business (B2B), Through financial institutions, Through other fintech companies and platforms

Contacts:

Bus. Dev. & Press: Ionate Sales, [email protected]

 

FinovateSpring 2023 – IDMERIT

FinovateSpring 2023 – IDMERIT

How they describe themselves: IDMERIT is committed to the on-going development and delivery of the most cost-effective and comprehensive global identity verification services. Our history lies in data. IDMERIT is comprised of leaders in the data technology sector. On top of validating and authenticating government issued national identity documents such as driving licenses, national ID cards, passports, etc., we connect to official government data sources to verify the identities of individuals and business entities.

How they describe their product/innovation: With IDMlive, you can efficiently and accurately verify the identity of a customer by giving them the opportunity to speak with a live agent. Through a video call, they are able to walk through and get authenticated by multiple forms of ID and documents.

Product distribution strategy: Direct to Business (B2B), Licensed

Contacts:

Bus. Dev. & Press: Ray Weale (COO), [email protected]

FinovateSpring 2023 – Illuma

FinovateSpring 2023 – Illuma

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. & Press: Milind Borkar (Founder & CEO), [email protected], 972-217-7106

FinovateEurope 2023 – JJCFinTech

FinovateEurope 2023 – JJCFinTech

How they describe themselves: We set out to create a business that achieves three things:

  1. Build a digital solution that does to AML and regulatory policy and procedures what music streaming services did to CDs – Cerebro
  2. Provide our clients with the benefit of our experiences of having successfully navigated regulatory and AML transformation and apply those to today’s virtual assets regulatory challenges.
  3. Create a home for experienced professionals combined with nurturing young talent through our LoFT programme.

How they describe their product/innovation: Cerebro is our ready-to-go digital policy solution that enables firms to apply AML regulation to protect consumers without stifling innovation, copy pasting rules, or failing to act due to a lack of timely guidance.

Cerebro cuts through the complexity of onerous registration processes by delivering a normalised set of requirements with jurisdictional variations in a single simple interface. This enables clients to understand what their AML regulatory responsibilities are, with linkage back to regulations.

Product distribution strategy: Direct to Business (B2B), through other fintech companies and platforms, licensed

Contacts:

Bus. Dev. & Press: Yas Jaffer (Co-Founder & Partner)

FinovateEurope 2023 – Lenvi

FinovateEurope 2023 – Lenvi

How they describe themselves: We are revolutionising lending, by combining brilliant minds with future-proof technology and innovation. Making the journey more secure, smooth and personal for the customer. And the process more powerful, responsible and streamlined for the lender.

Lenvi is born out of decades of real-world experience honed at the cutting edge of our industry. Our leadership is home to seasoned industry experts and our heritage provides us with an unrivalled opportunity to drive a better future.

How they describe their product/innovation: Lenvi PF1 allows lenders to take back control of their innovation and fulfill the promises of rapid digital transformation. PF1 is unique. It encompasses extremely rich and mature lending functionality and combines a broad, extendible API first-party support. This enables feature toggling alongside fully automated online deployments whilst a React user interface and API allows for an endlessly configurable workflow engine in a compliant secure environment.

Product distribution strategy: Direct to Business (B2B), licensed

Contacts:

Bus. Dev.: Will Ellis (CRO), [email protected]
Press: Faye Peacock, [email protected]

FinovateEurope 2023 – Little Blocks

FinovateEurope 2023 – Little Blocks

How they describe themselves: Little Blocks is a fintech platform for MSME manufacturers built around industrial IoT data.

Based out of Hyderabad, India, the company was founded in 2022 by alumni of IIT Madras and IIM Ahmedabad and is currently funded by a grant from the Startup India Seed Fund.

The platform facilitates access to risk capital for machinery upgradation making small factories more productive and transparent while minimizing environmental costs.

Our platform is a trust enabler – and trust unlocks value.

How they describe their product/innovation: Little Blocks platform leverages the strength of industrial IoT sensors and blockchain technology to open up access to risk capital for machinery purchase. Every machine is tokenized and the ownership is distributed to the token holders who will have a claim to the underlying cash flows. Instead of paying fixed monthly loan repayments, the manufacturers are billed based on the actual usage of the machine. Using DLT we offer a single source of truth for determining the machine usage and enable automated billing and payments.

Product distribution strategy: Direct to Business (B2B), through financial institutions

Contacts:

Bus. Dev. & Press: Hanu Panchakarla (Co-Founder & CEO)

FinovateFall 2022 – LeapXpert

FinovateFall 2022 – LeapXpert

How they describe themselves: LeapXpert, the enterprise-grade responsible business communication platform, provides organizations peace of mind by creating an accessible digital record of all business interactions carried out over mobile messaging applications. LeapXpert’s platform is an interoperable, mobile-first solution that provides unparalleled visibility into data from instant messaging applications, as well as governance and control. This enables financial institutions to embrace a customer-centered approach while maintaining professional conduct and ensuring compliance.

How they describe their product/innovation: As the risks of slipping out of compliance and losing ownership over critical data grow, LeapXpert’s platform provides companies with real-time visibility and total control over their internal and client-facing business conversations. LeapXpert’s platform, now with a new app in the Microsoft Teams app store, creates a comprehensive digital record of company conversations across all text and instant messaging communication channels, such as iMessage, WhatsApp, SMS, LINE, Signal, Telegram, and WeChat.

Product distribution strategy: Direct to Business (B2B), Through other fintech companies and platforms

Contacts:

Bus. Dev.: Tom Venezia (EVP, Managing Director Americas), [email protected]
Press: Ari Applbaum (VP Marketing), [email protected]

FinovateFall 2022 – Kore.ai

FinovateFall 2022 – Kore.ai

How they describe themselves: Kore.ai is recognized as a global leader in enterprise conversational AI platform and solutions, helping enterprises automate business voice and digital interactions that deliver extraordinary experiences for their customers, contact center agents and employees worldwide. More than 200 global 2000 companies trust Kore.ai’s experience optimization (XO) platform and industry solutions to automate their interactions and achieve extraordinary outcomes for over 200 million users worldwide. Visit kore.ai to learn more.

How they describe their product/innovation: Our demo will feature a new and exciting end-to-end integration of our AI-native retail banking platform, BankAssist – now with Finastra or Plaid! Our goal is to showcase an out-of-the-box production experience in only 7 minutes – an accurate speed-to-market test for time to value that regional banks and credit unions alike can leverage for their customers with no overhead time.

Now, smaller banks and credit unions can elevate their customer experience and provide a new level of service by offering over 200 retail banking use cases in a self-service mode across any channel in under 10 minutes!

Product distribution strategy: Direct to Business (B2B)

Contacts:

Bus. Dev.: William Hamilton ([email protected]), Steve Cahill ([email protected])
Press: Michael Kropidlowski ([email protected]), Abhijit Mhetre ([email protected])

FinovateFall 2022 – interface.ai

FinovateFall 2022 – interface.ai

How they describe themselves: interface.ai is a market-leading provider of Intelligent Self-Service for credit unions. interface’s Artificial Intelligence acts as a “personal bank teller” to help members 24/7 through every step of their journey from being a prospect to achieving financial wellness.

interface.ai currently powers several credit unions across North America, has enabled millions of dollars in savings for its CU customers, and is one of the fastest-growing credit union providers, growing at over 1500% just in the last year.

How they describe their product/innovation: interface.ai’s flagship product – the ‘Artificial Intelligence-powered Phone Banking,’ where sophisticated AI technology is available on the call center, is helping credit unions seamlessly address various challenges and evolve by ‘transforming call centers from a cost center to a revenue center.’

This solution enables credit unions to create efficiencies through automation (handling 100% of incoming calls), deliver highly personalized member communications, offer industry-leading security, and unlock new sources of revenue.

Product distribution strategy: Direct to Business (B2B)

Contacts:

Bus. Dev.: Srinivas Njay (Founder & CEO)

FinovateFall 2022 – LemonadeLXP

FinovateFall 2022 – LemonadeLXP

How they describe themselves: LemonadeLXP is a digital growth platform that turns frontline staff into digital experts and supports digital banking customers. It’s the fastest and easiest way for FIs and fintechs to create the training and support tools you need to grow your digital banking business.

How they describe their product/innovation: LemonadeLXP has recently added AI course and natural language processing technology to its course author tools. These technologies have dramatically sped up the authoring process while improving the end user experience.

Product distribution strategy: Direct to Business (B2B), Through other fintech companies and platforms, Licensed

Contacts:

Bus. Dev.: AJ Pratt (VP Business Solutions), [email protected]
Press: John Findlay (CEO), [email protected]

FinovateFall 2022 – Instnt

FinovateFall 2022 – Instnt

How they describe themselves: Instnt’s fully managed acceptance platform helps businesses verify, accept, and onboard more good members for good, with zero fraud losses, and in a compliant and frictionless manner. Instnt warranties each accepted user, indemnifying businesses up to $100M in annual fraud loss liability protection so that they can focus on growth instead of fraud and compliance management, with minimal resources.

How they describe their product/innovation: We’re demoing our new cutting-edge solutions for continuous identity assurance and decentralized portable KYC. With this new technology, consumers are accepted and onboarded to a business’s products and services with one click and able to transact without having to be re-KYC’d or re-authenticated, making their experiences truly frictionless.

Product distribution strategy: Direct to Business (B2B), Through other fintech companies and platforms

Contacts:

Bus. Dev.: Isaiah Warner ([email protected]), Michael Young ([email protected]), Erica Emerson ([email protected])
Press: Kiran Mander, [email protected]

FinovateFall 2022 – Illuma

How they describe themselves: Illuma Labs, Inc. 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 Shield™ passive voice authentication is being integrated with Posh Technologies’ conversational AI in the IVR, allowing callers to securely access their accounts 24/7 with a frictionless verification process that recognizes customers by their voice with no passwords, passphrases, pins, or security questions.

Product distribution strategy: Direct to Business (B2B)

Contacts:

Bus. Dev. & Press: Milind Borkar (CEO & Founder), [email protected], 972-217-7106