FinovateFall 2021 – Ocrolus

FinovateFall 2021 – Ocrolus

How they describe themselves: Ocrolus is a document automation platform that powers the digital lending ecosystem, automating credit decisions across fintech, mortgage, and banking.  The company provides a document analysis infrastructure  that enables financial services firms to make high quality decisions with trusted data and unparalleled efficiency.

How they describe their product/innovation: In this demo, Ocrolus will show how we improve both the borrower and lender experience by:

  • ingesting borrower documents in any format
  • identifying potentially fraudulent information
  • verifying key data points including cash flow, income, address, employment, identity, assets & liabilities
  • creating a complete, documented audit trail for compliance
  • accelerating underwriting decisions for competitive advantage

This productivity takes place as a transparent API call, resulting in a better experience for customers and lenders.

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

Contacts

Bus. Dev.: Dana Bureau, VP Sales & Bus. Dev., [email protected]
Press: Tim Dubes, VP Communications & Content Marketing, [email protected], 909-896-3181

FinovateFall 2021 – Nufi

FinovateFall 2021 – Nufi

How they describe themselves: Imagine that you have a great new idea for a Fintech product. Maybe you thought of a cool new way to give out a loan. If you are in Latin America, it is difficult to build financial products from scratch, whether you are a large bank or a small startup. This prevents financial innovation from happening. At Nufi we provide you with modular building blocks that you can quickly connect together to build your own financial solution. We take care of all the technical and regulatory complexities, so that you can just focus on bringing your idea to reality.

How they describe their product/innovation: Creating fintech products should feel like playing with legos, just grab whatever building blocks you need and keep stacking to build your awesome product or service.

Using our legos we have created the strongest Background Check in Mexico and a modular KYC process adaptable to any company’s needs. We developed these products in record time and at a fraction of the costs.

These services are an example of the infinite solutions you can build with our legos. We are the legos of fintech and we want to empower everyone to build financial products.

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

Contacts

Bus. Dev.: Ilich Nunez, COO & Co-Founder, [email protected], +52 5529451941
Press: Gianni Marossero, Chief Relations Officer, [email protected], +52 2291260035

FinovateFall 2021 – NCR Terafina

FinovateFall 2021 – NCR Terafina

How they describe themselves: NCR Terafina unifies the digital onboarding and sales experience for banks and credit unions across the digital, branch, and call-center channels. NCR Terafina’s sales platform is a multichannel product suite offering the broadest spectrum of products, including consumer deposits and lending, real estate, small business deposits and lending, commercial deposits, and corporate cards. Integrating the customer onboarding experience into the NCR Digital First banking platform drives higher customer satisfaction and accelerates scalable growth.

How they describe their product/innovation: NCR Terafina continues to enhance its multichannel and multiproduct suite of offerings with its newest addition of cryptocurrency account opening capabilities. A simple and secure offering that will uniquely enable banks and credit unions to become key players in a thriving new ecosystem – one where they can continue to diversify their offerings and prioritize the needs of their trusted customers.

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

Contacts

Bus. Dev. & Press: Kranthi Palreddy Syphax, Director of Marketing & Business Development, [email protected]

FinovateFall 2021 – MX

FinovateFall 2021 – MX

How they describe themselves: MX, the financial data platform and leader in modern connectivity, helps organizations everywhere connect to the world’s financial data and turn raw, unstructured data into their most valuable asset to deliver intelligent and personalized money experiences. MX connects more than 16,000 financial institutions and fintechs providing the industry’s most reliable and secure data connectivity network. Additionally, MX powers 85% of digital banking providers, as well as thousands of banks, credit unions, and fintechs, with a combined reach of over 200 million.

How they describe their product/innovation: MX Portal is an open finance platform that improves the data sharing experience between data providers and data recipients on behalf of the customer. It provides financial institutions (data providers) the ability to monitor and manage where customers are sharing their financial data and the tools to implement a more secure data-sharing experience with modern, token-based connectivity.

Product distribution strategy: Direct to Business (B2B)

Contacts

Bus. Dev.: Don Parker, EVP Partnerships, [email protected]
Press: Tom Cook, Director of PR, [email protected]

FinovateFall 2021 – MOSTLY AI

FinovateFall 2021 – MOSTLY AI

How they describe themselves: MOSTLY AI is the leading synthetic data company globally. Its platform enables enterprises across industries to unlock, share, fix and simulate data. Thanks to advanced AI, MOSTLY AI’s synthetic data look and feel just like real data, are able to retain valuable, granular-level information, yet guarantee that no individual is ever getting exposed. This enables businesses to drive innovation and digital transformation, overcome data silos, improve machine learning models as well as application testing capabilities.

How they describe their product/innovation: MOSTLY AI’s Synthetic Data Platform helps financial service firms unlock the value of their sensitive customer data while preserving their customers’ privacy and trust. We empower banks to build intelligent capabilities into their products & services, optimize their AI/ML models, and enable data-driven innovation with external partners by creating realistic yet truly anonymous synthetic lookalikes. Our platform offers an intuitive user interface with API integration for enterprise automation to create synthetic data at scale.

Product distribution strategy: Direct to Business (B2B)

Contacts

Bus. Dev.: Andreas Ponikiewicz, VP of Global Sales, [email protected], +43 676 9185476
Press: Sabine Klisch, VP of Global Marketing, [email protected], +43 664 8246417

FinovateFall 2021 – Masterzon

FinovateFall 2021 – Masterzon

How they describe themselves: Masterzon is a Costa Rican company, founded in 2016 by a pioneer in the development of fintech in Central America. We have nine full time employees and have raised $1.05M.

How they describe their product/innovation: The Masterzon platform contacts sellers with investors of financial services in real time efficiently and transparently. The platform operates 24 hours a day, 7 days a week, and can be accessed in any country from any device.

Among its main characteristics that differentiate it from other Fintech platforms are:

  • Factoring operations are liquidated through a trust. Therefore, the liquidator of each market has an access role to Masterzon’s Backoffice.
  • Subject documents of factoring: Invoices, Government Contracts, Export Coffee Contracts, Insurance.

Product distribution strategy: Direct to Business (B2B)

Contacts

Bus. Dev.: Rafael Villalobos, CFO, [email protected]
Press: Francisco Ulate, [email protected]

FinovateFall 2021 – Mambu

FinovateFall 2021 – Mambu

How they describe themselves: Mambu is the only true SaaS cloud banking platform. Mambu fast-tracks the design and build of nearly any type of financial product for banks, lenders, fintechs, retailers, telcos and more. Our unique composable approach means that independent components, systems and connectors can be configured any way our clients require to meet their customer’s needs. Founded in 2011, Mambu has 700 employees​ and ​200 customers globally, including N26, OakNorth, Tandem, ABN AMRO, Bank Islam, League Data and Orange Bank.

How they describe their product/innovation: This demonstration provides a birds-eye view of the full end-to-end process: open an account, create and launch products in a matter of minutes, and leverage integrations to Salesforce, Stripe, Marqeta, Volante and others to provide the KYC, fraud identity, CRM, money movement and other necessary features. The demonstration is based on an asset developed by Persistent Systems, a Strategic Systems Integration Partner, and showcases Mambu’s unique composable architecture delivering the speed and agility required to compete in today’s fast-paced markets.

Product distribution strategy: Direct to Business (B2B)

Contacts

Bus. Dev.: Hugo Groenendyk, [email protected]
Press: Anna Stanley, Account Supervisor, William Mills Agency, 251-517-7857 or 251-404-5870

FinDEVr 2021 – Praxent

FinDEVr 2021 – Praxent

How they describe themselves: Praxent is a digital design, engineering and implementation partner for the financial industry. We help financial services leaders design, build and modernize digital products, implement modern fintech solutions and staff BFSI specialized teams, without them needing to get caught up in the details, so that they can stay focused on growth.

TECHTalk: Scalable Fintech Product Development

Rapid fintech product adoption is requiring product teams to ramp up like never before. In the race to release new products, product teams are often introducing large amounts of technical debt and not operating in the most efficient manner. This talk will discuss the problem in greater detail and provide a solution, CodePath, to identify and resolve challenges around productivity.

FinovateEurope 2021 – Proptee

FinovateEurope 2021 – Proptee

How they describe themselves: Proptee disrupts property investing by providing a liquid and public market for the real estate asset class.

Our goal is to transform everybody into a property investor. At the age of commssion-free stock trading apps like Robinhood, property is still expensive and illiquid.

We created a £0 commission property stock exchange for your smartphone. We allow companies and property owners to list their real estate for the public to raise funds. Investors can trade shares in these securities the same way they do on Robinhood.

How they describe their product/innovation: Proptee allows you to become a real estate investor from the comfort of your sofa, completely free! We have released a public API, thus anyone can list and trade our properties in their own app.

Demo: We’ll show you the future of property investing. Features will include buying and selling shares in a property and receiving monthly rental income.

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

Contacts

Bus. Dev. & Press: Benedek Toth, CEO & Co-Founder, [email protected], +44 74 7112 3874

FinovateEurope 2021 – Obsecure

FinovateEurope 2021 – Obsecure

How they describe themselves: Obsecure was established with a mission to be the identity-trust backbone of next-gen digital services. Our primary goal is to help financial services organizations to accelerate their digital-first strategy by enabling effortless and limitless digital services with the highest level of trust and assurance.

We use privacy preserving face biometrics and innovative action capture techniques that ensure the highest level of safety and privacy with minimal friction to customers.

How they describe their product/innovation: The product suite protects the riskiest events in the customer lifecycle, augmenting FIDO-based authentication strategies. The focus is on two main areas:

Transaction signing – a notary-grade verification of authenticity and integrity.
Use cases include: high value / high risk transactions, video / chat banking, commercial transaction signing and dual signature enforcement
Identity verification and binding – a document-less biometrics identity verification.
Use cases include: onboarding / account opening, device binding and account recovery

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

Contacts

Bus. Dev. & Press: Danny Klein, COO, [email protected], +1 929-422-626

FinovateEurope 2021 – Meniga

FinovateEurope 2021 – Meniga

How they describe themselves: Meniga is a global leader in white-label digital banking solutions. Its award-winning products enable the world’s largest financial institutions such as Santander, Unicredit, BPCE, Commerzbank and UOB to dramatically improve their online and mobile digital environment, enriching the customer experience of over 90 million digital banking users across 30 countries. Meniga has developed a framework for next-generation digital banking around advanced data consolidation and enrichment, meaningful customer engagement and new revenue opportunities.

How they describe their product/innovation: Meniga’s Carbon Insight product enables banks to empower their customers to track and offset their carbon footprint based on their spending data – all embedded in the mobile banking app. This enables banks to drive customer engagement, up-and cross-sell new green products, and make their CSR strategy more robust.

Product distribution strategy: Through financial institutions

Contacts

Bus. Dev.: Bragi Fjalldal, CMO & Bus. Dev., [email protected]
Press: Deliberate PR, [email protected]

FinovateWest 2020 – Productfy

FinovateWest 2020 – Productfy

How they describe themselves: Productfy makes it simple, painless, and fast to launch new financial products to market. With a unified platform and a single line of code per feature, companies can go live in days with zero tech debt, zero vendor markups, zero security or compliance risks, and zero uptime risks – allowing them to focus and innovate on their core financial product.

How they describe their product/innovation: Productfy is the fastest, easiest, and most secure platform for any company to launch fintech applications, financial products, or services. With a single line of code in Productfy’s unified platform, companies unlock embedded fintech features such as KYC, data aggregation, money transfer/payments, card issuance, depository accounts, financial ledgering, and more. With Productfy’s plug and play platform, companies can focus time and resources on innovating and differentiating their financial business.

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

Contacts

Bus. Dev. & Press: Aaron Huang, Head of Strategic Bus. Dev., [email protected]