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Finovate Blog
Tracking fintech, banking & financial services innovations since 1994
A look at the companies demoing at FinovateFall on September 13-15, 2021. Register today and save your spot.
Infocorp has created a user-centric, mobile native banking app. It’s a personalized experience for every user.
Features
Delivers a hyper-personalized experience for each user
Shows relevant content and gives proactive advice
Integrates with other services to increase app usage
Why it’s great We are disrupting the whole bank app traditional concept.
Presenters
Ana Inés Echavarren, CEO Echavarren is a Systems Engineer and MBA, with a solid track record in the financial software market. She helped make the company a benchmark in digital channels for banking in Latin America and the Caribbean. LinkedIn
Gonzalo Laguna, Product Manager Laguna is the Product Manager at Infocorp and Professor of Software Architecture & Design on the Engineering faculty at ORT University, Uruguay. He is the former member of the Microsoft Regional Director program. LinkedIn
A look at the companies demoing at FinovateFall on September 13-15, 2021. Register today and save your spot.
Long Game‘s gamified finance app helps banks acquire new customers and increases engagement with their current customers in the Millennial and Gen Z demographics.
Features
Engagement with bank products
Acquisition of new accounts
Promotion of financial literacy
Why it’s great Long Game is a turn-key, bank-branded mobile game that drives new account sign-ups, savings, financial literacy, and brand affinity with Millennial and Gen-Z customers.
Presenter
Lindsay Holden, CEO & Co-Founder Holden is Co-Founder and CEO of Long Game, a mobile app that uses gamification and behavioral finance to make finance fun. LinkedIn
A look at the companies demoing at FinovateFall on September 13-15, 2021. Register today and save your spot.
FintechOS gives banks, insurers, and financial institutions a low-code platform to build customer-centric personalized experiences and journeys in weeks, not months.
Features
End-to-end solution bundling loans and vacation booking
Data-driven personalized journey
New customer referral
Why it’s great FintechOS clients can build apps and experiences like Sunglow today, using low code technology to make development fast, easy, and cost-effective.
Presenters
Sergiu Negut, Chief Strategy Officer & Co-Founder Negut was the first investor in FintechOS and coordinates finance, marketing, and strategy. He is a leader and entrepreneur with extensive business development experience. LinkedIn
Steve Rooney, SVP North American Sales Rooney is a global sales leader with over 25 years of experience propelling growth at various stages of the company trajectory. LinkedIn
Paula Costea, VP Product Management, Solutions Costea helps banks, insurers, and financial services institutions develop innovative digital-first customer-centric solutions that boost revenue, add valuem and win new customers. LinkedIn
A look at the companies demoing at FinovateFall on September 13-15, 2021. Register today and save your spot.
IllumaShield provides passive voice authentication for call centers. It elevates the user experience, enhances security against fraudsters, and improves operational efficiency.
Features
Elevate user experience with frictionless authentication
Reduce average handle time, hold times, and abandon rates
Enhance security against fraudsters
Why it’s great Passive voice authentication is finally within reach for mid-size FI contact centers. It’s cost effective, easy to deploy, and simple to use.
Presenters
Milind Borkar, CEO & Founder Borkar has over a decade experience spanning R&D and marketing and leads the IP and business development activities for the company. LinkedIn
Ryan Harmon, Software Developer Harmon is a software developer at Illuma Labs and has a Masters in Computer Science from the University of Texas at Dallas. LinkedIn
A look at the companies demoing at FinovateFall on September 13-15, 2021. Register today and save your spot.
SpecTrust delivers a no-code risk orchestration, assessment, and mitigation platform, empowering businesses to respond to fraud and identity abuse attacks in minutes instead of months.
Features
Saves millions in fraud losses and technical costs while driving new revenue growth
Deploys defense strategies in minutes, not months
Unifies people, data, and tools
Why it’s great SpecTrust unifies the people, data, and tools that fight fraud and abuse in a single no-code platform, saving millions while instantly unlocking powerful customer experiences.
Presenters
Nate Kharrl, CEO & Co-Founder Kharrl spent the last decade fighting fraudsters, scammers, identity thieves, and hackers for eBay, ThreatMetrix, and Akamai before co-founding SpecTrust. LinkedIn
Patrick Chen, COO & Co-Founder Chen has helped build and deploy risk solutions throughout his career in payments and risk with companies such as CashEdge, ThreatMetrix, eBay, and Payrix. LinkedIn
A look at the companies demoing at FinovateFall on September 13-15, 2021. Register today and save your spot.
Instnt is a fully managed customer onboarding solution for with up to $100 million in fraud loss insurance. It helps businesses sign-up and onboard twice as many good customers without the fraud losses.
Features
AI-powered managed service that replaces vendor integration and human orchestrated waterfalls
No Code/Low code integration without giving up ownership of user journey
Fraud loss insured up to $100 million
Why it’s great Instnt is the first AI-powered managed onboarding service that replaces human-driven vendor integration and orchestration and is also the only offering in the market with fraud loss insurance.
Presenters
Sunil Madhu, CEO & Founder As the Founder and previous CEO of Socure and a leader in AI-driven fraud, Madhu has spent over 20 years innovating in the Identity & Access Management, Security, Governance, and Risk and Compliance markets. LinkedIn
Justin Kamerman, Chief Product Officer Kamerman has over 20 years experience designing and building high performance distributed systems in the telecommunications, IPTV, identity verification, social media analytics, and IIoT industries. LinkedIn
A look at the companies demoing at FinovateFall on September 13-15, 2021. Register today and save your spot.
Sequretek offers end-to-end security in the areas of enterprise threat monitoring, incident response, device security, identity, and access governance through its own AI-driven Percept Cloud Security Platform.
Features
Enterprise scale, easy to use, and cloud native
AI-driven threat detection, protection, remediation and response
Quick implementation and integration capabilities
Why it’s great Percept Cloud Security Platform offers end-to-end security through three products instead of implementing and managing 12 to 15 different cybersecurity products. It reduces the total cost of ownership while simplifying security.
Presenters
Pankit Desai, Co-CEO & Co-Founder Desai is a veteran of the corporate industry with over 25 years of experience in global sales, operations, and FP&A, with leadership stints at Rolta, NTT Data, IBM, and Wipro. LinkedIn
Anand Naik, Co-CEO & Co-Founder Naik has worked in the corporate industry for over 25 years with companies like Symantec, where he was the MD for South Asia. He was also previously with IBM and Sun Microsystems in technology roles. LinkedIn
From partnership to acquisition, the Buy Now Pay Later revolution shows few signs, if any, of abating any time soon.
Apple, one of the Big Tech companies that has been aggressive in its expansion into fintech and financial services, recently announced that it is teaming up with BNPL company Affirm Holdings to offer new, interest-free financing options for qualifying Apple customers in Canada. The new program enables consumers to finance iPhone purchases over a 24-month period and iPad and Mac purchases over a 12-month period, both with 0% APR.
The new initiative comes a month after Apple announced that it was teaming up with Goldman Sachs to help introduce its own Buy Now Pay Later service – ostensibly to rival companies like the aforementioned Affirm. The offering will reportedly be called Apple Pay Later.
And filed in the “if you can’t beat ’em, buy ’em” folder is the news from London, U.K.-based Buy Now Pay Later company Zilch. The firm agreed this week to acquire San Francisco, California-based debt funding platform Neptune Financial as part of setting up shop in the U.S. “We’ve been exploring growth options in the U.S. for some time and following the additional funding,” Zilch founder and CEO Philip Belamant said. “Now was the perfect time to take another meaningful step towards our U.S. launch.”
Zilch’s acquisition news comes less than a month after the company secured $110 million as part of an extension of its Series B round. One of the first Buy Now Pay Later firms in the U.K. (founded in 2018), Zilch enables consumers to pay for purchases using their virtual Zilch card by splitting their transaction into four, interest-free payments over a six week period. The company has raised more than $200 million and boasts 150,000 new sign-ups a month for its BNPL services.
One of the more interesting pivots in the BNPL space of late was an internal one as Canada’s Scotiabank announced that it will convert its credit card repayments into BNPL plans. The new arrangement will give cardholders the ability to pay off their debt balances in fixed installments over three-, six-, or 12-month periods.
“Our customers told us that they’re looking for more options to help them manage their finances,” Scotiabank SVP for Credit Cards and Lending Brett Mooney explained. “This new credit card feature offers our customers more flexibility in how they pay for purchases, in addition to the convenience, rewards and lifestyle benefits that our credit cards already provide.”
The new service is called Scotia SelectPay and can be accessed via the Scotia mobile banking app as well as online. Purchases of more than $100 are eligible for the new financing option, which requires no additional credit check or application.
A look at the companies demoing at FinovateFall on September 13-15, 2021. Register today and save your spot.
unitQ’s product quality platform empowers fintechs and banks to take a data-driven approach to product quality so they can fix the right quality issues faster.
Features
Leverage a single source of truth for product quality
Determine what’s impacting your product right now
Identify, prioritize, and fix the right quality issues faster
Why it’s great Staying on top of product quality is hard. unitQ empowers your organization to take a data-driven approach to product quality.
Presenter
Anthony Heckman, Head of Business Development & Growth Prior to unitQ, Heckman was an EIR at XSeed Capital. He graduated from the University of Southern California and University of Pennsylvania Law School. LinkedIn
A look at the companies demoing at FinovateFall on September 13-15, 2021. Register today and save your spot.
Perch helps you get and build your credit with everyday payments and subscriptions. It helps you earn credit by starting with the recurring payments you’re already making – your rent and subscriptions.
Features
Quick and easy setup: start credit building in as little as 5 minutes
Automated credit building: increase your credit score as you continue to pay
All your information is kept safe
Why it’s great Perch is on a mission to financially empower all.
Presenter
Michael Broughton, CEO & Co-Founder Broughton is a young entrepreneur who studied business at the University of Southern California. Coming from a military family, he grew up in the Far East, living in South Korea and Japan. LinkedIn
A look at the companies demoing at FinovateFall on September 13-15, 2021. Register today and save your spot.
Bambu is the next-generation, B2B robo-advisory platform for financial and technology institutions, enabling companies to make saving and investing simple and intelligent for their clients.
Features
Enable and empower small and medium RIAs to scale up and increase AUM
Avoid complex technology that prevents RIAs from adopting the platform
Save on cost with no integration and developer cost
Why it’s great Bambu GO 2.0 is a turn-key digital investment platform.
Presenters
Ned Phillips, CEO Phillips has over 20 years of fintech experience. He is on a mission to improve the wealthtech industry with a robo-advisory platform. LinkedIn
Michael Larsen, Head of Sales, Americas Larsen is an experienced Head of Sales with a demonstrated history of working in the SaaS and financial services industries. LinkedIn
A look at the companies demoing at FinovateFall on September 13-15, 2021. Register today and save your spot.
Amplify helps people build wealth through permanent life insurance. They’ve built an intelligent customer journey with frictionless policy customization, pre-underwriting, and in-force policy management.
Features
Delightful customer journey for life insurance investment products
Policy customization and pre-underwriting for accurate quoting and fast decisions
API infrastructure and ecosystem connectivity
Why it’s great Bespoke life insurance investment products can now be customized and purchased instantly D2C or through an advisor via Amplify’s platform.
Presenters
Hanna Wu, CEO & Co-Founder Wu’s family has been in life insurance for over 30 years. Prior to Amplify, she built a financial planning agency with three locations and placed over $2B in life insurance coverage over five years. LinkedIn
Qiyun Cai, President & Co-Founder Cai started her career in venture capital and found her passion in early stage software startups that make an impact on how we work and live. She is a graduate of Harvard Business School. LinkedIn
