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Where Are They Now? A Look at FinovateSpring 2015 Best of Show Winners

Where Are They Now? A Look at FinovateSpring 2015 Best of Show Winners
By Julie Muhn (@julieschicktanz) Posted on
Categories: Alpha Payments Cloud, Avoka, Money Amigo, Moven, NAMU Systems, Shoeboxed, Stratos

Finovatefloor

FinovateSpring is quickly approaching. This year’s show, May 10 & 11 in San Jose, California, will be our biggest show yet with 72 winning ideas pitched to more than 1,500 fintech execs. Pick up your ticket to save your seat. While we’re eager to see this year’s demos, we wanted to reflect on the successes of last year’s Best of Show winners (in alphabetic order):

Alpha Payments Cloud

HQ: Singapore
Founded: 2012
Total funding: $12 million

APCStage

May 2015 demo: Alpha Payments Cloud showed AlphaHub, its omnichannel solution-access platform that helps banks, merchants, MSPs, and ISOs gain access to any solution provider in the world. (Demo video)

Partnerships, presentations, and product offerings since August 2015:

Avoka

HQ: Broomfield, Colorado
Founded: 2002

AvokaStage

May 2015 demo: Avoka showed Transact for Financial Services, which combines social, cloud services, and crowdsourcing into the world’s fastest credit card application. (Demo video)

Partnerships, presentations, and product offerings since September 2015:

MoneyAmigo

HQ: Las Vegas, Nevada
Founded: 2015
Funding: $300,000

MoneyAmigoState

May 2015 demo: MoneyAmigo debuted its new platform that brings financial services to the underbanked and underserved, delivering traditional banking products in an innovative way. (Demo video)

Activities and media coverage since May 2015:

Moven

HQ: New York, New York
Founded: 2011
Funding: $24.4 million

MovenStage

May 2015 demo: Moven introduced its Financial Health Platform that provides real-time, contextualized notifications and interactions that create “gamified money moments.” (Demo video)

Media coverage and new product features since October 2015:

NAMU Systems

HQ: Mahwah, New Jersey
Founded: 2014
Funding: $200,000

NamuStage

May 2015 demo: Namu debuted its Joyful Banking which uses new and intelligent behavior modeling to focus on customer behavior and digital experiences to create a new standard in mobile banking. (Demo video)

Namu’s awards and press coverage in 2015:

Shoeboxed

HQ: Durham, North Carolina
Founded: 2007
Funding: $2 million

ShoeboxedStage

May 2015 demo: Shoeboxed launched Receipt Capture for Banks solution which boosts the functionality of online and mobile banking apps while providing fraud protection. (Demo video)

Shoeboxed recently received media buzz for its product update and corporate move last year:

Stratos

HQ: Ann Arbor, Michigan
Founded: 2012
Funding: $6.63 million

StratosStage

May 2015 demo: Stratos debuted its dynamic Stratos Bluetooth Connected Card and Digital Card Issuance Platform that analyzes card usage trends and interactively engages card members. (Demo video)

Awards and activities:

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Finovate’s 2015 Best of Show Winners Give Something to Tweet About

Finovate’s 2015 Best of Show Winners Give Something to Tweet About
By Julie Muhn (@julieschicktanz) Posted on
Categories: Alpha Payments Cloud, Avoka, Blockstack.io, CoinJar, Dyme, Dynamics, ebankIT, eToro, Finanteq, Hedgeable, HelloWallet, Jumio, mBank & i3D, Meniga, Money Amigo, Moven, NAMU Systems, SaleMove, Shoeboxed, Soundpays, Stratos

BestofShowIMG

2015 was quite a year for the 800+ Finovate alumni. From acquisitions to IPOs, and everything in between, there was plenty to tweet about. Here are the highlights from the 2015 Best of Show winners:

FinovateEurope 2015

Avoka demoed a three-minute loan application that delivers a fast onboarding experience.

CoinJar showed a technology that enables consumers to buy, sell, and use digital and traditional forms of currency any way they choose, from dollars to bitcoins.

ebankIT demoed its omnichannel and social banking solution that maximizes interaction between FIs and clients.

eToro showed its innovations in social trading and investing for generation Y.

Jumio demoed credentials-management technology Netverify that turns mobile devices into ID document-scanning terminals.

mBank & i3D demoed their interactive, digital retail-branch concept.

Meniga showed off Market Match, its transaction-data analytics and enrichment engine.

FinovateSpring 2015

Alpha Payments Cloud demoed AlphaHub, its omnichannel access platform that helps banks, merchants, MSPs, and ISOs gain access to any solution provider in the world.

Avoka (see above)

Money Amigo showed technology that brings financial services to the underbanked and underserved, delivering traditional banking products in an innovative way.

Moven launched Moven Financial Health Platform that provides real-time contextualized notifications and interactions that create “gamified money moments.”

NAMU Systems demoed “Joyful Banking” which uses new and intelligent behavior modeling to focus on customer behavior and digital experiences to create a new standard in mobile banking.

Shoeboxed.com showcased its Receipt Capture for Banks, a solution that boosts functionality of online and mobile banking apps while providing fraud protection.

Stratos demonstrated its dynamic Stratos Bluetooth-connected card and digital card issuance platform that analyzes card-usage trends and interactively engages card members.


FinovateFall 2015

Blockstack.io launched technology that enables financial services and other enterprises to set up and build applications on a private, hosted blockchain.

Dyme showcased its innovative method for helping people start a savings habit and fund their lifestyle using text messaging.

Dynamics demoed fully programmable interfaces (stripe, EMV, NFC) for use in next-generation payment cards.

Finanteq launched its SuperWallet that helps banks take full advantage of their potential by integrating m-commerce and remote services with mobile banking.

Hedgeable: demoed its private banking platform for millennials.

HelloWallet showed its Retirement Explorer solution, an approachable and actionable online planning tool that helps employees model and work toward specific retirement outcomes.

SaleMove demoed its Engagement Platform and Omnicall technologies that enable online consumers to engage live with businesses as if they were face-to-face.

Soundpays showed its app that recognizes ultrasonic and sonic waveforms even in extremely noisy environments.

Want to see more award-winning demos of the newest fintech ideas? Pick up your ticket FinovateEurope 2016 and we’ll see you in London.

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Finovate Alumni News

By David Penn Posted on
Categories: BBVA, Bendigo and Adelaide Bank, Coinbase, i-exceed, NAMU Systems, On Deck Capital, Ripple, Zooz

Around the web

  • i-exceed introduces Appzillon 3.1, featuring new widgets, style editors, over-the-air (OTA) support and more.
  • OnDeck unveils mobile app for small business owners.
  • Ripple Labs appoints former Treasury Department official, Michael Barr, as an adviser.
  • Zooz teams up with Bitnet to enable bitcoin payments on its platform.
  • Bendigo and Adelaide Bank to deploy Appian BPM platform.
  • NAMU Systems wins “Most Personalized Banking Experience” award from EPAM at the 2015 Citi Mobile Challenge in EMEA.
  • Coinbase earns a spot in MIT Technology Review’s 50 Smartest Companies in 2015.

This post will be updated throughout the day as news and developments emerge. You can also follow all the alumni news headlines on the Finovate Twitter account.

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Finovate Alumni News

By David Penn Posted on
Categories: eMoney Advisor, eWise, Finaeos, FinanceIt, HedgeCoVest, Kensho, Klarna, LoanNow, Meniga, NAMU Systems, OneID, Patch of Land, Pendo Systems, Q2, Quantopian, Spreedly, Temenos, Trustly

On Finovate.com

  • “Finovate Debuts: LoanNow Helps Borrowers ‘Outperform their FICO Score'”

Around the web

  • HedgeCoVest launches its real-time, hedge fund replication platform.
  • First Republic Bank to deploy virtual banking solutions from Q2 Holdings.
  • The Independent takes a look at Klarna and the power of micropayment.
  • oneID featured in MacWorld as a two-factor authentication app for the Apple Watch.
  • Allied Wallet now a supported online payment provider of Spreedly.
  • emX Select from eMoney Advisor now integrated with Dropbox.
  • Süddeutsche Zeitung features Trustly and Klarna (in German).
  • Bank Innovation profile on alternative fintech capitals looks at Iceland and highlights Meniga.
  • Ripple Labs adds former Depository Trust & Clearing Corporation (DTCC) CEO Donald Donahue as advisor.
  • A review of local fintech startups in the Boston Globe features Kensho and Quantopian.
  • Temenos wins “Best Core Banking System” honors from Banker Africa East Africa Awards 2015.
  • American Banker considers how Namu covers the emotional side of banking.
  • Entrepreneur lists Patch of Land as 1 of 100 brilliant companies to watch in 2015.
  • Pendo Systems wins awards from international financial technology publications, the New Jersey Technology Council, and SWIFT.
  • Asian Wealth Times: “Singapore’s MoneySmart to Launch PFM tools with Ewise”
  • Finaeos teams up with TATA Consulting Services to help SMBs take advantage of Regulation A+ of the JOBS Act.

This post will be updated throughout the day as news and developments emerge. You can also follow all the alumni news headlines on the Finovate Twitter account.

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Finovate Alumni News

By David Penn Posted on
Categories: Actiance, Avoka, Betterment, Braintree, Global Debt Registry, Google, LendKey, NAMU Systems, Nomis Solutions, Placecast, SimplyTapp, Top Image Systems

On Finovate.com

  • Actiance Picks Up $28 Million from New and Existing Investors
  • LendKey Adds $8 Million in Venture Debt; Reaches $800 Million in Loans

Around the Web

  • SimplyTapp and Top Image Systems team up to bring HCE mobile payment technology to FIs in the Asia Pacific region.
  • Braintree integrates Android Pay into its v.zero SDK to ease merchant adoption.
  • Global Debt Registry unveils new API service to speed access to consumer-debt data and documents.
  • Avoka and NAMU earn “most innovative customer engagement” and “best customer experience” honors respectively at Citi Mobile Challenge.
  • Bible Money Matters reviews the new Betterment RetireGuide.
  • Placecast introduces its mobile data-management platform (DMP) as a stand-alone solution.
  • Nomis Solutions joins Center for Pricing and Revenue Management at Columbia University.

This post will be updated throughout the day as news and developments emerge. You can also follow all the alumni news headlines on the Finovate Twitter account.

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FinovateSpring 2015 Best of Show Winners Announced

FinovateSpring 2015 Best of Show Winners Announced
By David Penn Posted on
Categories: Alpha Payments Cloud, Avoka, FinovateSpring 2015, Money Amigo, Moven, NAMU Systems, Shoeboxed, Stratos

FS2015_Best_of-Show_Trophies

Going into this year’s tally of FinovateSpring 2015 ballots, it was anybody’s guess which companies had won the hearts and minds of our attendees and would take home one of our coveted Best of Show awards.

But after two days of great demonstrations of the latest in fintech innovation from companies near and far, the votes are in, and we want to be among the first to congratulate those startups and industry veterans whose technologies wowed our record-setting crowd at the City National Civic in San Jose, Calif., this week.

Congratulations to the Best of Show winners for FinovateSpring 2015, listed in alphabetical order:

AlphaPaymentsCloudLogoAlpha Payments Cloud, for AlphaHub, its omnichannel access platform that helps banks, merchants, MSPs, and ISOs gain access to any solution-provider in the world.

 

Avoka_logo_VectAvoka, for Avoka Transact for Financial Services, which combines social, cloud services, and crowdsourcing into the world’s fastest credit card application.

 

 

FS2015_MoneyAmigo_logoMoney Amigo, for its technology that brings financial services to the underbanked and underserved, delivering traditional banking products in an innovative way.

 

MovenMoven, for its Moven Financial Health Platform, providing real-time contextualized notifications and interactions that create “gamified money moments.”

 

FS15_NAMU_logoNAMU Systems, for its “Joyful Banking” which uses new and intelligent behavior-modeling to focus on customer behavior and digital experiences to create a new standard in mobile banking.

 

 

Shoeboxed logo copyShoeboxed, for its Receipt Capture for Banks solution, which boosts the functionality of online and mobile banking apps while providing fraud protection.

 

STRATOS_ID_10.07.14Stratos, for its dynamic Stratos Bluetooth Connected Card and Digital Card Issuance Platform that analyzes card-usage trends and interactively engages card members.

We hope you enjoyed the show! As always, thanks to everyone who attended and participated in FinovateSpring 2015. We’ll see you next year!

Notes on methodology:
1. Only audience members NOT associated with demoing companies were eligible to vote. Finovate employees did not vote.
2. Attendees were encouraged to note their favorites during each day. At the end of the last demo, they chose their three favorites.
3. The exact written instructions given to attendees: “Please rate (the companies) on the basis of demo quality and potential impact of the innovation demoed.”
4. The seven companies appearing on the highest percentage of submitted ballots were named “Best of Show.”
5. Go here for a list of previous Best of Show winners.

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NAMU Brings Intelligent Behavior Modeling to Mobile Banking

NAMU Brings Intelligent Behavior Modeling to Mobile Banking
By David Penn Posted on
Categories: FinovateSpring 2015, NAMU Systems

This post is part of our live coverage of FinovateSpring 2015.

Namu logoNAMU is on stage now. The company’s “social spending behavior algorithm” helps FI’s better engage their customers.

NAMU delivers a new standard in mobile banking by implementing new and intelligent behavior modeling, which focuses on customer behavior and digital experiences. All of this is based on a patent-pending “social spending behavior algorithm.” The product highlights include: highly visual user experience, Google-like search through the customer’s entire transaction history and across all banking products, new data organization, contextual, personal, and relevant permission-based advertising of targeted offers, promotion, and loyalty services to consumers as well as a virtual personal branch. For each bank, NAMU connects easily to many complex banking systems with a centralized API and data-centric architecture.

Presenters: Thomas Ko, co-founder and president, and Piotr Budzinski, co-founder and CEO

IMG_9590

IMG_9594

Product Launch: November 2014

Metrics: Early start-up phase, raised $200,00 from two angel investors; 10 employees
Product distribution strategy: Direct to Business (B2B), through other fintech companies and platforms

HQ: Mahwah, New Jersey
Founded: February 2014
Website: namuapp.com
Twitter: @namuapp

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FinovateSpring 2015 Sneak Peek: Part 6

FinovateSpring 2015 Sneak Peek: Part 6
By David Penn Posted on
Categories: Credit Sesame, Hip Pocket, itBit, Kofax, Mitek, NAMU Systems, Persistent Systems

FS2014_image_networking_women

FinovateSpring 2015 is right around the corner. And with news this morning that attendance has already topped 1,000, now is a great time to register and save your spot at our annual spring event on May 12 and 13.

A total of 72 companies will be on stage at the City National Civic in San Jose, California, to demonstrate the latest in financial technology live in front of our audience of industry professionals, venture capitalists, bankers, media, and more. And along with more than 500 minutes of live demos, we make sure you’ve got plenty of time to meet, greet, and network with presenters, sponsors, and fellow attendees alike.

Today in our Sneak Peek Preview series, we’re featuring another seven companies to help you get to know a little more about the companies that will be presenting next month at FinovateSpring 2015.

Check out the previous installments of our Sneak Peek series below. And stayed tuned for more introductions to our FinovateSpring 2015 presenters next week.

FS15_CreditSesame_logo_reducedCredit Sesame helps millions of consumers access, monitor, and manage their credit, improve their finances and protect their credit and identity for free.

Features:

  • Mobile integration combined with the power of voice control and TouchID
  • Manage, monitor, and protect your credit and identity anytime, anywhere
  • White label / turn-key solution

Why it’s great
Credit Sesame makes it easier than ever for mobile users to access, monitor, and manage their credit, improve their finances, and protect their identity on the go.

Presenters

CreditSesame_ANazari_cropAdrian Nazari, CEO
Nazari is a serial entrepreneur, an acknowledged industry expert, and founder of Credit Sesame Inc.
LinkedIn

 

 

CreditSesame_JLevey_cropJesse Levey, Head of Product
Levey is a product innovator and growth expert with more than 12 years experience in technology and financial services.
LinkedIn

 

 

HipPocket_logo_FS15

Hip Pocket engages your mobile and website visitors by using social influence and personalized consultation to generate new, qualified mortgage leads.

Features:

  • Unique peer-group comparisons
  • Real-time integration and personalization savings estimates
  • Results and call-to-action are customized to each user’s situation

Why it’s great
Hip Pocket allows your institution to provide an engaging, intuitive user experience that marries the emotional and logical decision-making processes.

Presenters

HipPocket_MZmarzly_cropMark Zmarzly, CEO, Founder
Zmarzly is a passionate innovator and thought leader in the financial industry. He has delivered multiple TEDx talks and presented for the ABA, BAI, and JD Power & Associates.
LinkedIn

 

HipPocket_TCramer_cropTodd Cramer, Head of Digital Experience & Design
Cramer is a MBA with more than five years of experience in branding, user experience and eCommerce for a $5B bank enterprise.
LinkedIn

 

FS15_itBit_logoitBit is a global bitcoin exchange offering institutional and retail investors a powerful platform to buy and sell bitcoin.

Features:

  • Trusted, institutional-grade exchange
  • Available around the clock
  • Offers the best security, privacy, and asset protection

Why it’s great
itBit is the most trusted and secure platform for trading bitcoin.

Presenters

itBit_CCascarilla_cropCharles Cascarilla, CEO, Co-founder
As a bitcoin early adopter with more than 15 years’ experience in financial services, Cascarilla has a unique perspective and interest in integrating bitcoin with traditional systems.
LinkedIn

 

itBit_BCho_cropBobby Cho, Director of Institutional Client Group (ICG)
As the head of itBit’s ICG team, Cho provides tailored client relationships trading services to itBit’s global network of institutional clients.
LinkedIn

 

FS15_Kofax_logoAnyone can hit a baseball thrown straight down the middle, but Kofax’s robust mobile new account opening platform can accommodate curveballs, screwballs, and the off-speed pitches in life.

Features:

  • Mobile capture of IDs and supporting documents
  • Intelligent decisioning allows complex exception and compliance management
  • Seamless multichannel customer experience

Why it’s great
Paramount to mobile onboarding is giving customers the right product at the right time with the right risk-assessment profile in a completely automated fashion.

Presenters

Kofax_DHyatt_cropDrew Hyatt, Senior Vice President, Mobile Applications
Hyatt is a leading domain expert in mobile image-capture and is responsible for Kofax’s mobile product roadmaps, go-to-market strategies, and product positioning.
LinkedIn

 

 

Kofax_DMorgan_cropDiane Morgan, Senior Business Development Manager
As Senior Mobile Business Development Manager at Kofax, Morgan partners with financial institutions to identify, develop, and execute their mobile capture and imaging strategies.
LinkedIn

 

FS15_Mitek_logoMitek, the leading innovator of mobile imaging for financial transactions and identification, will demonstrate how to optimize mobile for secure customer acquisition.

Features:

  • Increase mobile form completion by 30-50%
  • Double number of accounts booked via mobile
  • Meet KYC requirements and complete ID check in mobile channel

Why it’s great
Mobile account opening starts are dramatically increasing while desktop is declining. Mitek’s next innovations will do for account opening what it did for check deposits.

Presenters

Mitek_MNelson_cropMichael Nelson, Vice President for Business Development
Nelson leads the business-development team focused on expanding mobile-imaging usage within banking and beyond.
LinkedIn

 

 

Mitek_SClark_cropSarah Clark, Vice President Product Owner
Clark directs product strategy and the roadmap for our mobile-imaging platform and suite of products including mobile deposit, our market leading MiSnap SDK and Mobile Identity product line.
LinkedIn

 

FS15_NAMU_logoWith the growing importance of the user experience and customer intelligence in digital channels, NAMU Systems sets a new standard in mobile banking.

Features:

  • Highly visual user experience—connecting money with memories
  • Targeted advertising based on social spending patterns
  • Google-like search in banking

Why it’s great
NAMU helps your customer to have joyful banking experiences with relevant connection to memories and a beautiful user interface backed by NAMU’s patent-pending platform.

Presenters

NAMU_TKo_cropThomas Ko, President, Co-founder
Ko is ex-global head of mobile banking at Citibank, developing the most successful corporate mobile banking solution worldwide.
LinkedIn

 

 

NAMU_PBudzinski_cropPiotr Budzinski, CEO, Co-founder
Prior to NAMU, he led strategic technology projects for European banks and U.S. asset managers, including UniCredit and Franklin Templeton.
LinkedIn

 

FS15_Persistent_logoBuddyPay from Persistent Systems is a real-time payment-switching mechanism. The control of payment is shifted from buyer to payer for online/in-store purchases of products and services in real-time.

Features:

  • The Payment Switching Mechanism can be used while selling/fulfilling literally anything
  • Sell physical goods, insurance, billpay, flight and hotel booking
  • Intuitive mobile app

Why it’s great
You can “sell” products/services to people who don’t have money to “buy” it!

Presenters

Persistent_AModak_cropAbhiram Modak, Principal Business Analyst & Industry Expert
Modak has multiple years of diverse experience and is an innovator at heart. He can come up with solutions to most complex business problem with his domain knowledge and technology understanding.
LinkedIn

 

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