FinovateFall 2014 – Minetta Brook

FinovateFall 2014 – Minetta Brook

How they describe themselves: Minetta Brook is a big data intelligence augmentation company that has developed and patented a linguistics-based, high-speed, content-discovery technology. This technology, called KRANIUM™, auto discovers key news elements from millions of news stories and tweets in real time. Minetta Brook has also developed proprietary algorithms that allow us to score and rank these news elements based on connections across the entirety of news. Our partnerships with leading content providers gives us access to quality content from 40,000+ news sources. Minetta Brook’s first suite of products is targeted at revolutionizing news discovery in the world of financial trading and investment.

How they describe their product/innovation: Minetta Brook is launching a web application version of KNEWSAPP, a real-time news scoring and discovery application that is currently available only on the Bloomberg Professional™ platform. KNEWSAPP allows trading and investment professionals to take advantage of news related market inefficiencies by surfacing tickers, topics, and stories that are currently developing in the news. This web based product democratizes access to our ground-breaking, real-time, content-discovery technology and to our proprietary scores that lets you surface developing stories from across the entirety of news.

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

Contacts:

Bus. Dev. & Sales: Ken Cutroneo, Sales Director, [email protected], 917-755-3750
Press: Karthik Vasudevan, Product Manager, [email protected], 425-591-9846

FinovateFall 2014 – P2Binvestor

FinovateFall 2014 – P2Binvestor

How they describe themselves: P2Binvestor (P2Bi) is a peer-to-business (P2B) crowdlending platform that uses a patent-pending process to provide a better lending option to growing businesses and a new investment vehicle to accredited and institutional investors. P2Bi uses technology to streamline and scale rigorous underwriting operations while providing thorough due diligence to its investor crowd. Businesses can acquire receivables-secured growth capital of up to $5M, and investors can earn net returns of 7-15% APR. Client deals currently range from $150,000 – $2M.

How they describe their product/innovation: P2Bi is demoing a new borrower dashboard and application process that integrate with QuickBooks Online and streamline the borrower’s path from application to funding. The new functionality allows borrowers to automatically sync financials with their application, sync recurring financial data needed for underwriting and ongoing account analysis, and submit invoices for funding. P2Bi is also demoing new underwriting functionality that creates efficiencies for underwriting and account management processes.

Product distribution strategy: Direct to Business (B2B), partners, referrals, digital marketing

Contacts:

Bus. Dev.: G. Krista Morgan, President & Co-Founder, [email protected], 720-326-6939
Press: Erin Bassity, VP Marketing, [email protected], 720-236-5121
Sales: Brad Johnston, Account Manager, [email protected], 646-342-7511

FinovateFall 2014 – NopSec

FinovateFall 2014 – NopSec

How they describe themselves: NopSec was founded to pursue a vision: Make the digital world a safer place. NopSec is a technology company focused on helping businesses to proactively manage security vulnerability risks and protect their IT environment from security breaches. Having spotted the widespread enterprise issue of information overload, NopSec set out to find better ways to prioritize and manage the often overwhelming amount of data gathered during the process of vulnerability scanning and discovery. We help our customers make proactive vulnerability risk management a business advantage.

How they describe their product/innovation: Cloud-based vulnerability risk management SaaS.

Unified VRM helps businesses holistically manage IT security vulnerabilities, on premises and in the cloud, in a unified, proactive, and flexible way. Unified VRM aggregates the results of vulnerability scanners, proactively prioritizes vulnerabilities based on business risk, and expedites remediation by streamlining the ticketing process and reports. Unified VRM is different from legacy vulnerability scanners in 3 ways:

  1. Focus on remediation – remediation is easier when you know what to fix
  2. Automate the process – no more burdensome manual tasks
  3. Software that just works – eliminate complexity, improve visibility, and glean insights for better decision making

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

Contacts:

Press: Steven Leonard, CMO, [email protected]
Sales: Suzanne Swanson, VP Sales, [email protected]

FinovateFall 2014 – PayItSimple USA Inc.

FinovateFall 2014 – PayItSimple USA Inc.

How they describe themselves: PayItSimple has developed patent protected technology (US 8290864 B2 & US 8706624 B2) that allows customers, at the point of purchase, to immediately choose to spread their credit card charge over a number of INTEREST FREE installments, while still providing the merchant with the same level of payment security as with any credit card transaction.

There are a number of alternative services available to consumers (e.g. revolving credit facilities by credit card companies or via companies like BillMeLater, close loop retailer cards, GE money etc.), however all charge the cardholder high interest rates WITHOUT the convenience and simplicity of choosing interest-free installment payments using existing credit cards.

How they describe their product/innovation: PayItSimple enables shoppers to divide the total cost of their purchases charged on their existing credit card across as many months as they choose and the merchant offers. Customers do not incur any fees or interest charges. There is no need to complete a credit application or qualify for a new credit line. There is no fine print or hidden costs.

Product distribution strategy: Via existing channels for credit card acquiring, Acquirers, ISOs, Gateways, Direct Business to Business (B2B), mainly to big enterprises

Contacts:

Bus. Dev. & Sales: Gil Don, CEO & Director, [email protected], 972 54 675 7259
Press: Stacy Fassberg, Marketing Director, [email protected], 972 54 423 4976

FinovateFall 2014 – mCASH

FinovateFall 2014 – mCASH

How they describe themselves: mCASH enables you to pay and get paid easily using your mobile phone. On the back end, we are directly connected to bank infrastructure, and credit and debit card systems, transacting in real time, creating a link between the old and the new payment systems. Our transaction engine is run on Google’s Cloud Platform, enabling us to handle the complex transaction and settlement processing from users, merchants, and different bank accounts. Contrary to the hype around big data, we focus on small data, your data, shared with your active consent to enable connection between you and merchants based on context and location.

How they describe their product/innovation: We offer real-time, person-to-person transactions with your mobile phone number as the destination address and a funding source of your choice. You can charge your bank account, debit or credit card, pre-paid balance, or a line of credit. Furthermore, mCASH enables merchants to accept payments in any channel using the hardware they already have, including mobile merchants using a smartphone.

The underlying payments engine, running on Google App Engine, is the core of mCASH. The payments engine handles several thousand transactions per minute, advanced fraud and AML prevention, complex transaction processing, and ensures API based secure and real-time communication between FIs, off and online merchants, and end users.

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

Contacts:

Bus. Dev. & Sales: Anders Bakke, COO, [email protected], +47 934 02 005
Press: Daniel Døderlein, CEO & Founder, [email protected], +47 900 17 77

FinovateFall 2014 – MoneyStream

FinovateFall 2014 – MoneyStream

How they describe themselves: Technology has made it easier to pay bills but not any easier to manage them. MoneyStream is a next-generation personal financial assistant that takes the complexity and drudgery out of day-to-day financial management. Today’s busy, digitally connected, and on-the-go consumers can easily manage their 25+ biller relationships in user-friendly language on any device in any location. Our continuous engagement platform creates an opportunity for partners to leverage a customer base with 2-3x standard engagement and retention, and a source of rich permission-accessed data that allows us and partners to provision new offerings to highly targeted consumers at the point of need.

How they describe their product/innovation: MoneyStream sits in between other financial institutions, consolidators, and aggregators, using patent pending technology to manage the complex network of money and creating a direct relationship with the consumer. In addition, MoneyStream’s smart technology uses learning algorithms to detect and predict a user’s spending patterns and do a significant part of the user setup for them, just as a trusted personal financial assistant would do. The free service lets users view and pay bills, detects upcoming money issues, and provides visibility to a future cash flow, with little or no effort on the user’s part.

Product distribution strategy: Direct to Consumer (B2C), B2B2C Partners

Contacts:

Bus. Dev.: Mike Bertrand, CEO, [email protected]
Press: Gillian Verga, VP Product, [email protected]

FinovateFall 2014 – MaxMyInterest

FinovateFall 2014 – MaxMyInterest

How they describe themselves: Six Trees Capital LLC develops technology that makes the financial system better. Our initial service, MaxMyInterest, addresses inefficiencies in the $12 trillion market for cash and cash equivalents by helping investors dynamically allocate their cash in an optimal manner to maximize returns on cash and FDIC insurance. Max also benefits banks, brokerage firms, and registered investment advisors by helping them better serve their clients while promoting customer stickiness and increasing wallet share.

How they describe their product/innovation: MaxMyInterest is a new automated cash management solution that helps depositors earn more on their cash balances via their existing checking account and online savings accounts. Max’s patent-pending technology platform uses proprietary algorithms to help ensure cash is dynamically allocated to the member’s banks offering the best interest rates at any given point in time. Max also helps keep cash below the FDIC limits at each bank. Max includes other powerful cash management tools, including monthly cash sweep and Intelligent Funds Transfer(SM) technology, which make managing a portfolio of online bank accounts as simple as “checking” and “savings.”

Product distribution strategy: Direct to Consumer (B2C), Direct to Business (B2B), through financial institutions, licensed

Contacts:

Bus. Dev.: Gary Zimmerman, CEO, [email protected]
Press: [email protected]
Sales: [email protected]

FinovateFall 2014 – Misys

FinovateFall 2014 – Misys

How they describe themselves: Misys is at the forefront of the financial software industry, providing the broadest portfolio of banking, capital markets, investment management, and risk solutions available on the market. With more than 2,000 customers in 130 countries, our team of domain experts, combined with our partner ecosystem, has an unparalleled ability to address industry requirements at both a global and local level. Misys Digital Channels is a portfolio of online and mobile banking, personal finance management, and payment solutions, added to the Misys offering following the acquisition of IND Group. These award-winning innovative solutions help banks make banking frustration free for everyone. To find out more, visit misys.com/digital.

How they describe their product/innovation: Customer segmentation is everything. Promote financial products to your customers more intelligently and more effectively with Misys Segment Customization tool.

Product distribution strategy: Through financial institutions

Contacts:

Bus. Dev.: Holli McCaffery, North America Bus. Dev. Director, [email protected]
Press: Edward Taylor, External Communications Director, [email protected]
Sales: William Chin, North America Regional Sales Manager, [email protected]

FinovateFall 2014 – MasterCard

FinovateFall 2014 – MasterCard

How they describe themselves: We operate the world’s fastest payments processing network, connecting consumers, financial institutions, merchants, governments, and businesses in more than 210 countries and territories.

The MasterCard brand is among the most recognized in the world. We offer a wide range of payment solutions, including credit, debit, prepaid and commercial programs, through a family of well-known brands, including MasterCard®, Maestro®, and Cirrus®.

As we move toward a world beyond cash, we are helping to secure a better, more inclusive future for everyone. We are committed to continuing to use our technology and expertise to deliver better ways to pay, creating a more connected world.

How they describe their product/innovation: MasterCard Pay with Rewards™ is an innovative solution that gives cardholders the freedom to redeem rewards points at the point of sale, either online or in stores. Cardholders configure Pay with Rewards™ on their existing card to redeem points at millions of eligible locations worldwide. While providing the ultimate in flexibility for consumers, this also serves as a cost-effective way to execute POS rewards programs for issuers. The Pay with Rewards™ solution provides ubiquity and scale by leveraging the existing MasterCard network, without modification to POS systems or card processes.

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

Contacts:

Bus. Dev. & Sales: Chris Cramer, VP US Markets Loyalty & Cardholder Benefits [email protected], (o) 914.249.2205, (m) 914.325.9477
2000 Purchase Street, Purchase, NY 10577-2509
Press: Flor A. Estevez, Worldwide Communications, [email protected]
(o) 914-249-2118, (m) 914-325-8362
2000 Purchase Street, Purchase, NY 10577-2509

FinovateFall 2014 – Malauzai Software

FinovateFall 2014 – Malauzai Software

How they describe themselves: Malauzai Software develops mobile banking SmartApps designed for community financial institutions that are easy to manage and measure. Our innovative Mobile Only Experience (MOX) delivers unique and engaging mobile banking solutions that provide significant advantages in flexibility and functionality.

Malauzai’s SmartApps are full-service, native mobile banking apps designed for iOS, Android, and Browser. Offering a single platform that is disconnected from Internet banking and instead tied directly to the core to enable faster innovation drawn from in-depth data.

How they describe their product/innovation: Designed for an exceptional user experience with superior economic value, SmartwebApps delivers the next generation of mobile banking, leveraging the power of an app-like experience on any device, desktop, or browser.

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

Contacts:

Bus. Dev. & Sales: Lou Anne Moody, Chief Sales Officer, [email protected]
Press: Bevin Wallace, [email protected], 678-781-7230

FinovateFall 2014 – Matchi

FinovateFall 2014 – Matchi

How they describe themselves: Matchi is a global innovation community or eco-system that connects fintech innovators and banks from around the world. Our primary goal is to promote the diffusion of fintech innovation around the world. Matchi brings banks and fintech innovators together to establish collaborative relationships and new business opportunities. These relationships drive banking forward and increase return on investment for both parties. To date 30 banks from around the world have signed up as Matchi members, including banks from Europe, USA, Asia, Australia, and Africa. New banks and innovators are being added on an ongoing basis.

How they describe their product/innovation: Matchi is a global innovation matchmaking  platform that has rapidly gained momentum in the world fintech market with both innovators and  banks. The Matchi platform enables innovators to showcase latest, market ready innovations, and  for banks to source these innovations from anywhere in the world. Member banks cannot only see innovations from around the world, but also can post innovation challenges to the Matchi innovators community. Moreover, Sponsor Banks (all non-competing) on the Matchi platform are encouraged to collaborate and share innovations, as well as enjoy first viewing rights to innovations as they are logged.

Product distribution strategy: Direct to Business (B2B)

Contacts:

CEO.: David Milligan, CEO, [email protected]
Founder: Warren Bond, [email protected]
Marketing: Catherine Bolton, [email protected]
Bus. Dev.: Randy Miles, [email protected]