How they describe themselves: BizEquity leverages on over 4 years of tech. dev., 60 patents and inventions filed/granted, a proprietary standards based algorithmic model, and an extensive database of comparable data, to create the “Valuation-as-a-Service” or VaaS™ business valuation cloud. By completing 7 simple steps, the BizEquity Valuation service allows businesses to generate a full 29-page customized Business Valuation & Performance report that provides essential business valuation figures as well as industrial comparison of 40 key performance metrics. Perfect for small business owners looking to buy/sell/protect/optimize their businesses.

How they describe their product/innovation: New Features of BizEquity One UK include:
1) Real time dynamic valuation updated daily from our smart algorithm and multiple data sources for greater accuracy and client engagement rate, 2) Zillow-esque feature on the homepage with a powerful search on 2.1M+ pre-valued businesses in the UK to get a sense of how the business is doing and what it is worth, 3) Useful advice and alerts about the business streamed in real time as the user goes through the valuation process, 4) Updated dashboard with an infographic-like view of each business’s value and key performance indicators (i.e., a bird’s eye view of business that’s simple to grasp for the average owner).

Product distribution strategy: Direct to Consumer, Direct to Business (B2B), through FI licensing

Contacts:

Bus. Dev. & Press: Michael M. Carter, CEO, [email protected], +1 415-341-2728
Sales: Charles Clark, VP & Chief Sales Officer, [email protected], +1 484-535-1741

How they describe themselves: C24 caters to multi-bank users’ needs and helps them aggregate their accounts. We believe in a multi-bank world and have a solution for household finance management.

C24 works with end users, who can register with the web/mobile app directly by linking their cards, as well as bank partners, who profit from a robust online platform offered for free with advanced marketing capabilities.

C24 processes payments on its own and has all required licenses for prepaid business in geographies where it operates.

C24 partners with merchants to give users actionable insight on their spending.

Merchants save on payments and profit from ads, sharing the volume with participating banks to deflate user fees, making the service nearly free to use.

How they describe their product/innovation: C24 is a multi-channel platform that allows end users to connect their accounts with different banks, so that their household financial standing is visible and manageable.

Users can pay bills, set bill payment rules, and use linked “proxy” Visa cards to pay for goods online and offline. API of C24 lets partnering banks to securely provide their users with info of accounts within these banks, otherwise customers can use Visa/MC rails or other standard means of linking their sources of funds.

C24 is a user-experience-driven app, where the complexity of numerous accounts is nowhere to be seen. The impetus for C24 to exist is to automate day-to-day finance routines and advise on the best courses of action.

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

Contacts:

Bus. Dev.: Alex Bessonov, Head of Bus. Dev., [email protected]
Press: Daniel Gusev, Product UX & Marketing, [email protected]
Sales: Yuri Demidovich, Head of Innovation, [email protected]

How they describe themselves: Online secondhand car fraud was the #2 most common online scam in 2013 according to the European Consumer Centers network. This market represents over 25M transactions yearly in UK, France, Germany, Italy, and Switzerland alone.

CashSentinel developed a solution that combines an escrow service and a mobile wallet, dedicated to facilitating and bringing trust to large transactions between parties that do not have a long lasting, trusting relationship.

CashSentinel concluded a partnership with Swissquote Bank, the leading online bank of Switzerland, and AutoScout24, the leading secondhand car marketplace.

After a successful trial period, the service is set for fully fledged launch and European expansion in 2015.

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

How they describe themselves: The CREALOGIX Group is an independent Swiss software house and the market leader for Digital Banking in Switzerland. CREALOGIX is a global provider of an innovative and comprehensive product suite for the digital bank of tomorrow. Its focus is on changing customer needs for mobility, security, personalised advice, and a comprehensive user experience.

Today, with nearly 300 employees and 5 sites in Switzerland and Germany, as well as subsidiaries in London, Vienna, and Singapore, CREALOGIX provides business solutions at your doorstep.

How they describe their product/innovation: CREALOGIX is demoing how each financial advisory session can be wrapped up as a video clip, rather than traditionally done by email and documents. The possibility for the relationship manager to set together snippets of information into a video clip makes the experience of personalized information through visual transcribing more engaging.

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

Contacts:

Bus. Dev. & Sales: Kris Nowak, International Sales Director, [email protected]
Press: [email protected]

How they describe themselves: CPB SOFTWARE was founded twenty years ago as a spin off from an Austrian private bank. Being a full service provider, offering software solutions as well as ASP and BPO services, CPB SOFTWARE has become a highly reliable and very creative service partner for more than 700 companies from the financial services industry all over Europe. Our banking expertise allows us to fully understand your needs and your business! Our employees in Austria and Germany are responsible for continuously improving our products and services everyday. Is there something you need? Tell us and we get it done!

How they describe their product/innovation: PROFOS – The App for Bankers! Mobile services – up to date, comprehensive, intuitive and discreet. PROFOS is more than a common App. It combines your customer’s data with consultancy features supporting advisors skills – highly demanded by your clients! PROFOS therefore helps your advisors easily show and present deep banking knowledge combined with a better understanding of your client’s needs! Your conversations with clients will change and at any place requested, your clients will be more attentive and understand more easily. Hence, for you: MORE profit with LESS effort.

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

Contacts:

Bus. Dev.: Walter Willroider, Product Manager, [email protected]
Press & Sales: Peter Henger, Manager Customer Care & Sales,
[email protected]

How they describe themselves: We help banks get online faster by delivering a complete, customer-centric, omni-channel digital banking solution that drastically differentiates banks from the competition. Our out-of-the-box digital bank helps banks and CUs revitalize their customers’ digital interactions, drastically increasing the stickiness of their relationships with their customers. At the same time we put FIs back in control over their digital strategy with our Visual Editor and API layer.

Industry analysts Gartner, Forrester, and Ovum recognize Backbase as a leader in terms of customer experience, omni-channel, and time to value. Backbase powers numerous global institutions, including ABN AMRO, Nationwide, Barclays, Fidelity, and ING.

How they describe their product/innovation: Backbase is launching the latest version of the Backbase Customer Experience Platform at FinovateEurope 2015, with a strong focus on the omni-channel customer journey and journey management. Completely new in this release of Backbase CXP is the Backbase Omni-Channel Journey Manager, giving direct insight in the multiple touch points in a customer’s typical journey, with the option to directly dive in and fix inconsistencies.

A lot of digital banking providers and software vendors talk omni-channel. We make it real and visible. With the new Backbase Journey Manager, we give Channel Managers at Financial Institutions direct insight into how multiple channels are being used and where the most common handover points are (the moments of truth).

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

Contacts:

Press: Jelmer de Jong, [email protected]
Sales: Pete Atkinson, [email protected]

How they describe themselves: Avoka transforms legacy paper, PDF, and web forms into multi-channel digital engagement applications for credit cards, personal loans, or government services, which increases sales, drives customer acquisition, and improves customer experience. Customers gain competitive advantage and embrace the movement to digital through responsive design, data collection and analysis, integration with systems of record, and the business agility modern customers demand. Avoka delivers a proven track record with financial services and government organizations including more than 12 years managing digital sales and service transactions and upward of 100M global business-critical customer transactions completed each year.

How they describe their product/innovation: The 3-Minute Loan Application: Fastest Onboarding Experience in the World

Product and pricing are not differentiators in financial services – customer experience is. In particular, frictionless customer experiences have been proven effective for attracting and retaining customers. Avoka helped a client go from 36% conversion rate for personal loan applications to 51% in just 4 weeks by focusing on delivering a frictionless experience for the customer. Because online, seconds matter.

We are demonstrating how combining social, cloud services, and crowd sourcing to streamline account opening and credit origination minimises customer effort and takes the friction out of customer acquisition.

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

Contacts:

Bus. Dev.: Richard Austen, General Manager – Europe, +44 7 775 921 619
Press: Reid Hislop, Chief Marketing Officer, +1 5 185 775 884
Sales: Steven Moore, Senior Sales Executive, +44 7 415 383 933

How they describe themselves: Akamai® is a leading provider of cloud services for delivering, optimising, and securing online content and business applications. To thrive in the faster forward world, banking, insurance, asset management, brokerage, payments, and financial exchanges need to meet customer demand for instant, secure, reliable online access to all content and services – on any device, anywhere in the world. Over 100 banks worldwide trust Akamai to help them meet performance and security challenges and capture new opportunities in cloud computing and mobile delivery.

How they describe their product/innovation: The Akamai Client Reputation service is designed to help financial services institutions improve their security decisions when the threat would otherwise be unclear. The service provides the ability to forecast intent and protect applications against Distributed Denial of Service and application layer attacks. It does this by identifying and sharing with customers the likelihood that particular IP Addresses fall into one of four “malicious” categories: web attackers, Denial of Service attackers, web scrapers, and scanning tools.

Product distribution strategy: Direct to Business (B2B)

Contacts:

Bus. Dev., Press & Sales: Andrea Snagg, Senior Regional Marketing Manager, UK&I, [email protected]

How they describe themselves: AlphaPoint is the leading financial technology exchange platform provider to support digital currencies. The company powers some of the top bitcoin and altcoin currency exchanges in the world, and is faster than traditional exchanges, with the ability to process nearly 1M transactions per second. AlphaPoint currently processes more than $350M in monthly trading volume, with close to 20 digital currency exchanges operating in 15 countries.

By easing the adoption of digital currencies, AlphaPoint’s secure, scalable, and customizable platform is helping change how businesses and consumers transact. AlphaPoint has offices in New York City, Philadelphia, and San Francisco. For more information, visit alphapoint.com.

How they describe their product/innovation: AlphaPoint’s exchange platform is leveraged by institutional and retail exchanges globally, powering their digital currency exchanges. The company’s proprietary platform also serves as a digital exchange gateway for organizations looking to upgrade their existing systems to digital currencies. AlphaPoint offers 24-hour run-time capabilities and provides a customizable, scalable, and secure platform. Our database is a next-generation design, built with military-grade security practices.

At FinovateEurope 2015, we are demonstrating a new-and-improved “V2” of our exchange technology platform, which features a redesigned and customizable front end template, new order types, improved scalability, and an even faster processing speed.

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

Contacts:

Bus. Dev.: Igor Telyatnikov, VP Operations, [email protected]
Press: Igor Telyatnikov, VP Operations, [email protected]
Sales: Scott Bambacigno, VP Sales, [email protected]

How they describe themselves: Aire is an alternate credit score for people. Our mission is to help thin-file customers qualify for essential financial products via their Aire Score.

Aire is a strong proponent of financial inclusion and we aim to deploy our technology across geographies. Our API will now enable lenders to leverage our score as an input to their decision.

We are a team of serial entrepreneurs with deep experience in predictive algorithms and alternative credit models. This journey started from a personal episode, which motivates us forward.

Backed by TechStars and leading seed-stage investors, Aire has received strong recognition from the media and government for our work. Aire respects data privacy and is completely driven by user consent.

How they describe their product/innovation: Aire is launching its Credit API at FinovateEurope 2015. The API enables lenders to use Aire to perform a credit check when traditional data doesn’t exist in the credit bureaus.

The immediate benefit is the ability to re-score applicants when no data exists on their bureau file. This enables lenders to expand the pool of eligible applicants by removing the no-data problem.

The API can also be used as a credit enhancement amongst other use cases that we are excited to see companies explore. The signup for the API opens at FinovateEurope for our partners.

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

Contacts:

Bus. Dev.: Aleks Mjakonkihh, Bus. Dev., [email protected]
Press & Sales: Aneesh Varma, Founder, [email protected]

How they describe themselves:
AdviceGames is a Dutch firm founded in 2013 with a focus on the gamification of financial advice and services to help financial services firms activate consumers. At its core, the firm is building what it describes as the first artificial intelligence financial services platform, combining consumer data, scientific research, and social, location, and transaction data. This enables financial services firms to create behavioral profiles, understand interests and behaviors, and better personalize their customer services.

AdviceGames has a core competence in data-driven software, which the firm develops with a team of in-house data scientists, machine-learning experts, game designers, and developers.

How they describe their product/innovation: The Risk Game teaches the players budgeting and spending more wisely. The starting point is the Financial Health Score (FHS), an index of a consumer’s financial health. The FHS determines the starting level in the game and drives the routing. Players can use their earned points for saving and protecting themselves against unexpected events. Real life comes in when the players receive tips and see their FHS adjusted based on their real behavior in their bank account. The objective of the game is to activate people to better budget and therefore be able to pay their mortgage installments, reducing the risk for the bank.

Product distribution strategy: Through financial institutions, through other fintech companies and platforms, licensed

Contacts:

Bus. Dev. & Sales: Diederick van Thiel, CEO, [email protected]
Press: Rosali Steenkamer, COO, [email protected]

Concur is a leading provider of integrated travel and expense management solutions trusted by over 25,000 clients around the globe, with over 25 million users. The Concur Platform allows developers to develop and market innovative solutions to the lucrative $1.12 trillion business travel market.

Presentation

Numbers, They Don’t Lie . . .
Concur processes more than $55 billion dollars in annual T&E spend for its 25 million customers. In this presentation, Mithun walks through and gave us insight into this spend and tell developers why it’s a great opportunity to tap into this lucrative market.