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4 Trends to Watch at Finovate

Javelin Strategy & Research

The on show on May 12-13 in San Jose has grown to two days, and it features about 72 companies covering a range of specialties. Attempts to streamline the user experience and financial chores like opening accounts ( Avoka ).

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How Have the Finovate Best of Show Winners Fared?

Fintech Labs Insights

Europe 2024 (London): Corsound AI: AI company advancing in sound recognition technologies, expanding market reach, receiving favorable industry reviews and increasing investment interest. Tuum: Raised $48M for its modular banking technology, gaining traction with banks and financial institutions across Europe. SAVVI AI : Raised $5.6M

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In Third Deal in Four Weeks, Nymbus Acquires Sharp BancSystems

Fintech Labs Insights

Terms of the acquisition have not been disclosed, but Banking Technology reports that the deal is the largest for NYMBUS to date. Pictured: Chief Experience Officer Mario Garcia demonstrating NYMBUS at FinovateSpring 2016 in San Jose.

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CopSonic and Natixis Team Up to Launch Ultrasound Payment Solution, SwipeSonic

Fintech Labs Insights

Whether in service of greater security or lesser friction in e-commerce – or both – companies are busy leveraging sound and voice to improve the user experience in fintech. Banking Technology quoted CopSonic Emmanuel Ruiz explaining why sound is a valuable tool for transmitting information.

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Finovate Debuts: SayPay Combines Voice Recognition and Biometric Authentication

Fintech Labs Insights

SayPay Technologies uses biometric authentication to give users an easy way to pay bills, checkout online, and log into their online banking website. Millions of production users in 40+ countries. SayPay Technologies founder, Steve Hoffman giving a personal demo of SayPay at FinovateSpring 2015 in San Jose.

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Stockpile Hauls in $15 Million in New Investment

Fintech Labs Insights

The major investment in Stockpile comes courtesy of Sequoia Capital, Mayfield, and individual investor, Ashton Kutcher, who praised Stockpile’s “drop-dead easy user experience and affordability to all.” “You need a seasoned team to pull this off, and these guys know how to execute.”

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Finovate Spring 2018 – Day 2

William Mills

Again another financial wellness platform using machine learning technology. A TON of really old technology is being used in mortgage lending. In fact, Fiserv recently sold ALL of their mortgage technology to a PE firm. Grounding your organization’s digital transformation in people, processes, and technology is critical.