FinovateSpring2011: Day Two / Session Three

by guest on May 11, 2011

in Conferences & Meetings, Finovate, Innovation, Jacqueline Chilton, Technology

Glenbrook’s Jacqueline Chilton is blogging from FinovateSpring 2011. This is one of several posts; you can find an index of our coverage here.

The format for Finovate is fast and furious.  No PowerPoint – all demo.  Each company has seven minutes.

Expensify

  • “Expense reports that don’t suck”
  • Quickly add and edit expenses, attach receipts, customize the layout and see policy violations
  • Automated receipts with imports direct from credit cards
    • Accepts forwarded email receipts
    • Use a map tool to add mileage
  • Send PDF expense reports to anyone with an email address
  • Approve or reject reports and synch with accounting package – Quickbooks, Freshbooks or export to other accounting packages with custom format
  • Expensify Guaranteed eReceipts are legal and accepted by the IRS for purchase under $75
  • Excellent imaging technology in the mobile receipt capture application

Openfinance

  • Financial advisor tool
  • Front office solutions for wealth managers
  • Announcing Openworkplace on the iPad to access to global client information, allowing advisors to quickly prepare reports, investment proposals and financial planning
  • Offers portfolio rebalancing and optimization tools as well
  • Enables the inclusion of all the positions of accounts in real time, via secure connections to financial institutions.
  • Provides a single point for complete client information

Adobe

  • Helps FIs create, deliver and optimize content and applications to enhance and personalize their customer interaction
  • Announcing a Customer Experience Management platform
  • Sits across all channels and points of interaction with the customer and on top of all the banking product silos to pull a single client view
  • [Editor’s Note: Jacqueline posted some initial comments on Adobe based on a briefing yesterday, refer to Day One/Session Two, at the end of the post]

ChargeSmartPlastic Jungle

  • Online consumer bill payment meets gift card exchange
  • Charge Smart offers the most ways to pay auto loan, utility bills, mortgage or student loan payments online
  • Now you can use unused gift cards against these same bills
  • Plastic Jungle is the web’s largest secured gift card exchange
  • Charge a fee and redeem the cards at a discount 92% of value
  • Solution is intended to reduce breakage on gift cards

Kony Solutions

  • A way to develop apps in the fragmented mobile marketplace (new form factors, OSs, other software)
  • Goal is to write it once, and run it everywhere — also change once, change everywhere
  • Announcing a mobile platform on which a bank can develop mobile banking accessible on different devices
  • 15+ browser types, 8,500+ mobile devices plus social media and kiosks
  • Offer speed to deployment and cost efficiency for developing mobile offerings

PayDivvy

  • Real time shared social bill pay solution
  • Social online bill pay plus p2p payments with organization, automation and socialization
  • Roomates can split the bill or teams can collect fees
  • Need to develop the ability to protect against one person not paying and the group getting a late fee.

edo Interactive

  • Links offers to cards and credits user accounts real time
  • Solving the last mile channel of coupon redemption
  • Simple integration to bank
  • Redemption, notification and credit at speed
  • Has an online management of offers and tracking redemption
  • Money is available to the consumer immediately

 

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