Finovate arrived in New York on a beautiful fall day and brought with it a host of solutions for onboarding customers on mobile devices, as well as managing wealth and fighting fraud.
Barely heard from, perhaps to the relief of some, was the blockchain.
Here’s a quick rundown of the companies that presented in New York today, starting with the morning sessions — an account of Day 2 is here:
- Flybits showed a contextual concierge service for mobile banking.
- Empyr, born from Mogl, is an online to offline commerce platform.
- North Side demoed an IVR system and overcame significant technical difficulties.
- TravelNotes will embed travel information (and rewards) within banking apps.
- Yseop provides natural language reports based on spreadsheets of data.
- Inforce Pro provides insurance agents with intelligence to better serve policyholders.
- Xignite feeds market data to the financial services community, and announced a consortium of API providers.
- Gro Solutions reduces mobile onboarding friction using imaging.
- IDmission‘s Inform helps create secure online forms using biometric authentication.
- Jack Henry & Associates showed a consumer-first approach to core banking — account-as-a-service.
- TransferTo is a remittances platform with a broad and deep network of agents across the globe.
- CellTrust secures segments users’ personal mobile devices, providing secure communications for work.
- Blockstack.io offered blockchain-as-a-service, private blockchains for FIs.
- Trading Ticket showed TradeIt, a brokerage marketplace.
- ID Analytics announced ID Connect, an enterprise risk management, anti-fraud platform.
- Urban FT demoed a socially aware white-label mobile banking app with extensive financial management tools.
- Buzz Points presented a card-based rewards program with an emphasis on local businesses.
- Soundpays offered an intriguing soundwave-based payment system — like Clinkle, but real.
- ebankIT showed off full-features omnichannel banking middleware.
In the afternoon sessions:
- Adobe showed off its marketing cloud for financial services.
- Walletron demoed mBills, billpay for Apple Passbook (soon to be Wallet) and Google Wallet (soon to be Android Pay).
- Advisor Software showed off cloud-based, customizable software for investment managers.
- BehavioSec demoed behavior-based security, authentication, and analytics.
- Capriza showed a solution to bring legacy applications and workflows into the modern, mobile age.
- Alpine Data offered advanced analytics for wealth advisors.
- Crowdability presented market intelligence on private companies raising money through crowdfunding.
- Authy, a Twilio company, offers two-factor authentication to secures sites and services.
- Ormsby Street showed Credit HQ, information for businesses on the companies that owe them money.
- Alfa-Bank‘s Sense is a customizable mobile banking platform modeled on Google Now.
- Davo Technologies demoed a way for businesses to effortlessly (if not painlessly) pay sales taxes.
- AcceptEmail presented a hassle-free way to accept payments — and nearly took down the lights by hitting two beach balls with a baseball bat during its demo.
- Euronovate‘s biometric mobile onboarding tool employs tokenization and biometrics.
- HelloWallet gives users a financial wellness score and guidance on how to prepare for retirement.
- Fern Software offered customer relationship management tools for global banks.
- Dealflow uses data, including from social media, to find companies raising money and match them to investors.
- Auvenir took on the challenge of automating and digitizing notoriously paper-intensive audits. Good use of props!
- Avoka, a leader in reducing onboarding time and friction, showed off its cross-selling-while-onboarding tools.
- Trulioo is a global identity verification service with customizable data inputs for FIs.
Among the incumbents, Avoka and Banno/Jack Henry gave strong presentations, and from the insurgents, we’re interested to see more from Crowdability, Soundpays, Alfa-Bank, AcceptEmail, eBankIT, and Walletron.
Congratulations to all the presenters — the hard work and passion that go into a seven-minute presentation are perhaps not always apparent to everyone in the knowing, jaded fintech followers in the audience.
Today’s most interesting tale may have occurred offstage — perennial Best of Show MX, formerly known as MoneyDesktop, was a late scratch. The company noted merely that it was “unable to present,” though nothing appeared to be amiss. More to follow on this one.