How they describe themselves: Platform as a Service Commerce solution for Banks and Insurances to help businesses start, run and grow. Founded 2013 in Hamburg, Germany payever is building products that empower small businesses to access technology in the same way big companies can today. Investors and partners include Santander Consumer Bank and Microsoft
Ventures. Over 5,000 businesses are powered by payever today.
How they describe their product/innovation: payever enables Financial Institutions to provide, in addition to their existing financial solutions and insurance products, a powerful commerce infrastructure with anything businesses need to start, run and grow. Banks and Insurance companies can connect to hundreds of thousands of businesses and millions of private customers across all industries – Online and locally at the Point of Sale.
Product distribution strategy: Direct to Consumer (B2C), Direct to Business (B2B), through financial institutions
Contacts
Bus. Dev. & Press: Artur Schlaht, CEO, [email protected]
How they describe themselves: Ninth Wave provides financial institutions with secure, simplified data connectivity to external apps and software solutions. Our platform seamlessly and safely shares consumer-permissioned data with aggregators, as well as personal financial management and wellness apps, business accounting and ERP solutions, tax prep software, investment and wealth management tools, and more. With Ninth Wave, financial institutions can enable their customers to access timely, trusted financial data- at any time, through whatever app they choose.
How they describe their product/innovation: The Ninth Wave Platform is an out-of-the-box solution that serves as a single, secure gatekeeper for all external data-sharing traffic. It dramatically simplifies connectivity: a single connection to Ninth Wave allows FIs to enable a growing list of “must have” apps and third-party solutions for their customers. This eliminates the time and cost required for internal IT teams to build and maintain connections, and provides a clear path to eliminate screen scraping and its inherent security risks.
Product distribution strategy: Direct to Business (B2B)
Contacts
Bus. Dev.: John Vander Vennet, Head of Sales, [email protected], 646-421-2160
Press: Philipp Jago, [email protected], 929-255-5652
How they describe themselves: Monit is a company devoted to the well-being of small businesses and the people that lead them. We are a team of technologists, bankers, and small business owners that apply the latest in predictive science and human-centered design to bring true financial firepower to small businesses. We partner with forward-thinking banks and other partners serving small businesses to weave Monit’s capabilities into their customer relationships and digital experiences. See more at https://monitapp.io/product.
How they describe their product/innovation: Monit is a predictive cashflow and financial optimization mobile platform provided by banks and other partners to their small business customers. Monit connects to any accounting package, and reveals past — and future — cashflow and financials, helps navigate COVID-19 impacts, maximizes PPP forgiveness, and prompts key actions, insights, and planning with a patent-pending engine that learns over time. For the sponsor, Monit enables the bank to become a trusted advisor and provide smart, predictive banking. See more at https://monitapp.io/product.
Product distribution strategy: Through financial institutions, through other fintech companies and platforms, licensed
Contacts
Bus. Dev.: Sean Collins, Head of Development, [email protected], 617-448-8700
Press: Chris Fucanan, [email protected], 916-684-9781 & Kim Abreu, [email protected]
How they describe themselves: Momentifi is a Financial & Sales Technology company based in Alpharetta, GA. What makes us different is the way we bundle CRM, co-branded marketing, and an online community with network effects. We’re more than a CRM or marketing technology. We’re more than a social network. We’re a complete eco-system that helps banks, mortgage companies, and financial institutions drive more sales, beat the competition, and create unique value for clients, employees, and strategic partners.
How they describe their product/innovation: Our new StorySeller product connects loan officers, financial planners, CPAs, insurance agents, and real estate agents in the post-COVID world and in the absence of live networking events. Step 1: We provide free continuing education through our online social network. Step 2: We provide co-branded financial and real estate “stories” through our CRM. The result is a unique blend of CRM, social networking, and co-branded marketing with built-in network effects: “come for the free CE and stay for the networking and co-branded marketing.”
Product distribution strategy: Direct to Business (B2B), through financial institutions
Contacts
Bus. Dev. & Press: Gibran Nicholas, CEO, [email protected]
How they describe themselves: Mall IQ is a privacy-first location intelligence and AI platform, empowering financial institutions to deliver real-time, personalized mobile engagements for improving share-of-wallet, frequency of usage, and retention of banking products. Mall IQ solutions digitize real-time purchase intent in the physical world, making it insightful and actionable for Bank and Fintech mobile apps. Mall IQ offers Mobile SDK, Campaign and Analytics Dashboards and APIs; utilizes proprietary store-level accurate indoor and outdoor location technology for predicting the next purchase.
How they describe their product/innovation: Mall IQ technology enables FIs to discover where their customers shop, what they want to buy, when they are about to pay even before the purchase; predicting the next purchase decision with unique real-time data.
- Generate store-level accurate location data with wide indoor and outdoor coverage, engaging customers in real-time.
- Segment customers based on unique store-visit data as well as any purchase or other data via APIs.
- Learn from customer behavior (visit & click & purchase) to optimize campaign audience, trigger locations and merchants.
Product distribution strategy: Direct to Business (B2B), through other fintech companies and platforms
Contacts
Bus. Dev.: Batu Sat, Ph.D., CEO & Co-Founder, [email protected], 217-390-2212
Press: Banu Mestanogullari, CMO, [email protected]
How they describe themselves: payever is building products that empower small businesses to access technology in the same way big companies can today. The area we’re most focused on is helping small businesses. We are building the commerce and payments tools so that every small business has easy access to the same technology that previously only big companies have had.
How they describe their product/innovation: Our innovation, the payever CommerceOS platform, serves as a unique ecommerce solution which covers the whole sales cycle from the online shop, point of sale software to payments, customer relationship management, marketing, inventory and to the shipping tools. The intuitive platform seamlessly integrates all ecommerce aspects, growing with the business’ ecommerce needs. The platform eliminates dependence on market giants allowing SMEs to have their own standalone, robust, connected, company branded ecommerce platform.
Product distribution strategy: Direct to Business (B2B)
Contacts
Bus. Dev. & Press: Artur Schlaht, CEO, [email protected]
How they describe themselves: At Obsecure, we have created a cybersecurity platform that always guarantees the authenticity of digitally performed actions. Similar to a video chat or a face to face conversation, we provide real-time verification of the true person behind the digital actions of the user.
We use AI, biometrics, and unique action capture technologies to “notarize” every digital action and seal it with the identity of the person who performed it, assuring its authenticity and providing the same level of authenticity that exists in an in-person interaction.
How they describe their product/innovation: AuthenticAction introduces a new paradigm in digital trust, providing a digital experience that is as safe, trusted and simple as physical in-person interaction. AuthenticAction digitizes a notarization-like process in which the identity of the person performing a digital action is captured and verified simultaneously with the action they performed, providing an indisputable tamper-resistant proof of the activity, thus guaranteeing that the action is authentic and can be trusted.
Product distribution strategy: Direct to Consumer (B2C), Direct to Business (B2B), through financial institutions, through other fintech companies and platforms
Contacts
Bus. Dev. & Press: Danny Klein, COO, [email protected], 929-422-6269
How they describe themselves: Nacha is a nonprofit organization that convenes hundreds of diverse organizations to enhance and enable ACH payments and financial data exchange within the U.S. and across geographies. Through the development of rules, standards, governance, education, advocacy, and in support of innovation, Nacha’s efforts benefit all stakeholders. Nacha is the steward of the ACH Network, a payment system that universally connects all U.S. bank accounts and facilitates the movement of money and information. In 2019, 24.7 billion payments and nearly $56 trillion in value
How they describe their product/innovation: Phixius, developed and operated by Nacha, is a platform that utilizes technology, standardized APIs and rules to enable interoperability for the secure exchange of payment-related information within a trusted network of connected credentialed service providers (CSPs). CSPs connect to Phixius to improve automation and reduce payments fraud in areas of onboarding customer information, invoice requirements, payor authorization and to enhance services for their customers.
Product distribution strategy: Direct to Business (B2B), through financial institutions, licensed
Contacts
Bus. Dev.: George Throckmorton, MD, Nacha & Executive Director, Afinis API Standards, [email protected]
Press: Heather McElrath, Sr. Director of Communications, [email protected], 703-472-2625
How they describe themselves: MOSTLY AI solves one of the biggest challenges financial institutions are facing today: balancing their need for AI & Big Data innovation with privacy protection. By generating Synthetic Data, MOSTLY AI helps organizations to unlock their customer data assets in compliance with GDPR/ CCPA. Their new approach to Big Data anonymization allows retaining 99% of the information in a dataset, while fully eliminating the re-identification risk of data subjects. The result is completely anonymous, as-good-as-real data, that is free to use, share and monetize.
How they describe their product/innovation: MOSTLY GENERATE – the world’s most accurate Synthetic Data Platform that unlocks customer data assets in compliance with GDPR/CPCPA and enables significantly faster, cheaper and more secure AI & Big Data innovation.
The on-premise/private cloud enterprise version of our technology is already deployed by some of the largest organizations in the world. Now we want to launch the SaaS version of MOSTLY GENERATE at Finovate Fall 2020.
Product distribution strategy: Direct to Business (B2B)
Contacts
Bus. Dev.: Jeffrey Dobin, VP Sales & Customer Success North America, [email protected], 732-921-2878 & Jürgen Schachermayer, VP Global Sales, [email protected], +43 664 84 52 968
Press: Alexandra Ebert, Chief Trust Officer, [email protected], +43 676 48 37 992
How they describe themselves: Monit is a company devoted to the well-being of small businesses and the amazing people that lead them. We are a team of technologists, bankers, and small business owners that apply the latest in predictive science and human-centered design to bring true financial firepower to small businesses. We partner with forward-thinking banks and other partners serving small businesses to weave Monit’s capabilities into their customer relationships and digital experiences. See more at https://monitapp.io/product.
How they describe their product/innovation: Monit is a predictive cashflow and financial optimization mobile platform provided by banks and other partners to their small business customers for free. Monit connects to any accounting package, and reveals past — and future – cashflow & financials, helps navigate COVID-19 impacts, maximizes PPP forgiveness, and prompts key actions, insights, and planning with a patent-pending engine that learns over time. See more at https://monitapp.io/product.
Product distribution strategy: Direct to Business (B2B), through financial institutions, through other fintech companies and platforms, licensed
Contacts
Bus. Dev.: Sean Collins, Head of Development, [email protected], 617-448-8700
Press: Chris Fucanan, AquaLab PR, [email protected], 916-684-9781 & Kim Abreu, AquaLab PR, [email protected]
How they describe themselves: Microsoft (Nasdaq “MSFT”) enables digital transformation for the era of an intelligent cloud and an intelligent edge. Its mission is to empower every person and every organization on the planet to achieve more.
How they describe their product/innovation: Microsoft’s Power Platform solution protects your teams and streamlines your return to the workplace. Equip facility managers and task force leaders to make informed decisions to safely reopen locations. Empower employees to return confidently with self-service tools for working safely and productively. Help health and safety leaders ensure the care and wellbeing of your workforce.
Product distribution strategy: Direct to Business (B2B), licensed
Contacts
Bus. Dev.: Lisa Nicholson, Product Marketing Manager, [email protected]
Press: WE Communications, Microsoft Media Relations, [email protected], 425-638-7777
How they describe themselves: Many small and medium-sized businesses (SMEs) can’t afford to do business internationally without reliable access to finance. With MODIFI’s online platform, SMEs can get the trade finance they need. Simple, flexible and transparent, we empower businesses to trade internationally.
How they describe their product/innovation: Here at MODIFI, we want to push the boundaries and change the trade finance landscape for SMEs by offering the solutions they need to succeed. The MODIFI Hub is where the magic happens. From our digital platform, SMEs can check their available limits, manage transactions and, most importantly, request finance in under 10 minutes. From live updates to AI based invoice recognition, it is full of clever features to help our customers grow their businesses.
Product distribution strategy: Direct to Business (B2B)
Contacts
Bus. Dev. & Press: Tom Evans, Global Venture Developer, [email protected]
