This is our last post of the 2-day conference with about 10 more companies presenting.

FamDoo    Mark Lacek (CEO & Co-Founder, FamDoo) and Michele Landis (VP Business Development)  Mark’s experience is in creating and managing loyalty programs. Family-focused product, with an under-10 year old co-founder. This rewards program replaces the typical kid allowance, with the goal of promoting saving behaviors. “The modern allowance”. ^SR

US BANK and their customers are their first loyalty partners. Users can convert FamDoo points to real cents for savings. “Reward work.” Assign tasks to kids/family members where they can gain points that can be converted to currency (I would imagine). Now showing iPad version. Very cool. ^WM

Sr. Pago    Pablo Gonzalez Vargas (CEO & Co-Founder)  Currently addressing 78 million unbanked in Mexico, including small business owners. Debit card without a bank account or tax ID. It isn’t immediately clear what makes this offering unique. A bundle of card, card reader, and mobile app for card system. ^SR

From BIC: The solutions is aimed at the unbanked market. It allows users to accept credit card payments using their smartphone or tablet. They have raised more than million in VC (they are based in Mexico City) but are looking for other partners and investors. ^WM

LOYAL3    Barry Schneider (CEO & Chairman) and Matt Gidney (VP Corporate Marketing & Business Development) Most Americans don’t have brokerage accounts. As an alternative, Loyal3 is a crowdfunding platform for capital markets. People can invest as little as $10 in the brands they love. One of their offerings is a “social IPO” and they helped raise $1.3 mil in 32 minutes. This enables very small investors to invest in companies. They are a scalable platform, that is fully-sclable. The website has a video testimonial from CEO of GoPro. A lot of people got a chance to participate in the IPO. ^SR

Easy, affordable and FEE free for capital markets. It looks like they are getting ready to show an IOS app. Should be App Store next month. Very easy to view. How can folks invest w/o fees? They are showing brands (like Kraft) and people can invest as little as . I really like their concept. I want to know how they make money with their app/platform. “not about buying stock, but becoming an owner of a company”. I like it. They are getting ready to show their social IPO i.e. GoPro. Man, I wish I had invested with GoPro when they went public and I had the chance (I’m glad I did not invest in Vonage many years ago). The have done six IPO’s I BELIEVE were social media-based. This is very cool. Raised .6 million in 32 minutes for one IPO. Now showing a video testimonial on LOYAL3 from GoPro’s CEO. Very cool. Raised million within days with GoPro. They might be a BEST OF SHOW winner. ^WM

MoneyStream    Mike Bertrand (CEO) and Gillian Verga (VP Product)  A personal financial assistant to make managing your money easier. The platform creates the budget for the customer, based on advanced data analysis. Very easy to swap bill payments between credit cards, really at the click of a button. In addition to reporting and analysis, it has integrated bill presentment and payment. ^SR

“PFM’s just didn’t work for me and my family. That’s why I started MoneyStream.” Here is an excerpt from their blog. It was a big surprise to hear last Friday that Manilla is closing its doors effective July 1st. And since we’re very familiar with the pain consumers have trying to get their money organized, we’re deeply sympathetic to the frustration Manilla users must feel, after working to get their bills and accounts set up only… It seems like it was only a year ago Manilla was presenting at Finovate. Times change. ^WM

Linqto    Dune Thomas (VP Mobile Banking Solutions) and Bill Sarris (CEO)  Remote capture of a check, during a live video call with a banker. Location information is delivered to the banker. Video chat with the customer represents a huge potential for improving customer experience. You can see the banker, and both people can communicate non-verbally as well. PersonalBanker+ Linqto powers online video seminars that can be delivered over mobile. Also integrates text chat. “Remote banking, done fact-to-face.” ^SR

“50% of all banking customers do not want to bank online” I’m not sure I’ve heard that but I believe it. Now showing video banking BUT here is the twist; it’s on his phone not at a self service terminal. The call center person knew the customer is in NYC due to geo location. Showed a check capture and now the CSR is showing the teller screen. ^WM

SignLive by Silanis – Tommy Petrogiannis (CEO & Co-Founder) and TJ Witte (Sr. Technical Consultant) From BIC: Silanis Technology is the leading provider of electronic signature process management solutions. The world’s largest insurance providers, financial services companies and government agencies depend on Silanis to reduce the time, cost and risks of getting signatures in critical business documents. Silanis enterprise platform solutions and cloud services enable organizations to replace their manual, pen and paper processes with an all-electronic web-based process for e-commerce and e-government transactions.

I think I’ve seen these folks at mortgage industry events or perhaps at ESRA. Very nice e-sign capture platform. They are a big player in this space. This is their first Finovate. I believe their HQ is in Montreal. ^WM

Backbase    Peter Chapman (Fintech Strategist) and Jelmer de Jong (Global Head of Marketing) Today they are launching the mobile banking marketplace with Widgets that include several companies from Finovate: MoneyDesktop, Geezo, and others. Mix-and-match the best of breed of bank functionality. The marketplace allows you to easily implement technologies from fintech leaders, without having to work with each on a one-off basis. They offer one unified customer experience across a number of different providers. Backbase is known for their strong web design, including very simple, elegant mobile UIs. On Apple iOS, they can use native Apple device functionality.  The Widgets run on any screen, any device. ^SR

I’m sure I’ve seen them before, perhaps at Finovate. I’ve noticed a lot of folks are no longer saying mobile banking, it’s “digital banking.” Now showing a web browser view of their platform which is widget-based which makes a lot of sense. It almost looks like an application. From their web site: ABN AMRO uses Backbase CXP as their enterprise portal, both employee and customer facing…

It would not surprise me if it was originally developed for ABN AMRO. Summary: Backbase is a software company, founded in the Netherlands in 2003, which has offices in Amsterdam, the Netherlands, New York, United States, Moscow, Russia and Singapore.

Now this is interesting. They are showing tech partner logos like MoneyDesktop (now MX), ensenta, Geezeo and Payveris (where my friend Mickey Goldwasser works). I’m interested in how many US FI’s use Backbse. Now show IOS version. Very cool. ^WM

EyeLock    Anthony Antolino (Chief Marketing & Business Development Officer) and Jeff Carter (CTO)  It is an iris-scanner that unlocks all of your passwords. “Scans over 240 points on the iris of each eye.” It seems to me this would work well with Google Glass, if you had a front-facing camera.  “We are privacy advocates.” They see themselves as a player in the internet of things (IoT). ^SR

Irish based authentication company. Now showing video that highlights their television and other press coverage I think much from the CES show. Facial recognition. Walt Mossberg seems to like it.

Guys, I think what you have created is great BUT I don’t think what you are about to read. Your corporate video was more about how much press coverage you have received as opposed to a demo of your system. I would rather have seen more examples of your product in use as opposed to how much press coverage you have received. Kudos to you and your PR team.

There are 2 minutes left and NOW we are just starting to see your demo. This is what we came here to see and I hope to see you here next year. ^WM


Thank you!  It has been two long days, over 70 companies, and a ton of insights about financial technology! We’ll post later when we learn the Best of Show winners!