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FinovateFall Sneak Peek Series: Part 6

by crypetonews
August 22, 2024
in DeFi
Reading Time: 3 mins read
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A look at the companies demoing at FinovateFall in New York on September 9 and 10. Register today using this link and save 20%.

Bud Financial is a transaction intelligence platform transforming raw financial data into rich actionable insights with added customer context and readable outputs for LLMs.

Features

Link: Connect consumer debt accounts with a phone number

Guide: Provide the best next action to improve financial outcomes

Act: Money-saving actions taken in-app by customers

Who’s it for?

Banks and financial institutions

Eisen offers account offboarding solutions for financial institutions, streamlining compliance with regulatory outreach, disbursement, and escheatment requirements.

Features

Save time on a complex process

Stop losing customers

Get proactive to reactivate inactives

Who’s it for?

Banks and credit unions.

Fin3 Technologies is the modern payment solution to physical checks. Fin3 is a trailblazer in the digital payments space and launched a new payment method, Digital Drafts, based on changes to payment law, specifically UCC 12.

Features

Fin3 Digital Drafts:

Replaces physical checks

Offers all the legal benefits of physical checks but is 100% digital

Integrates with core banking software

Who’s it for?

Banks, credit unions, insurance companies, SMBs, and others using physical checks.

ID-Pal uses 100% AI-powered technology for real-time identity verification and OFAC screening, ensuring seamless customer onboarding, compliance, and zero access to customer data.

Features

Provides built-in AI document fraud detection

Delivers global coverage and streamlined OFAC compliance

Offers seamless integration options and fully customizable

Who’s it for?

Banks, neobanks, community banks, credit unions, payments providers, insurance companies, asset management companies, and financial institutions.

ModernFi helps banks and credit unions grow, retain, and manage their deposits through the ModernFi Deposit Network by enabling extended federal deposit insurance.

Features

Delivers first fully integrated and API-driven deposit network available to banks and credit unions

Offers first and only credit union focused deposit network

Provides powerful digital experience for depositors

Who’s it for?

Banks and credit unions.

MoneyKit is a superaggregator, a universal API that intelligently aggregates data from multiple sources, maximizing institution coverage, connection success rates, and connection stability over time.

Features

Supports data from Akoya, Finicity, MX, Plaid, and Yodlee

Offers intelligent routing, data standardization, and enrichment across providers

Provides SDKs for the simplest integration of all time

Who’s it for?

Banks, credit unions, community banks, scaled fintechs, wealth management groups, payment providers, and IDV.

QuickFi is the first and only embedded finance platform in the market for secured commercial equipment lending.

Features

Offers 100% digital, end-to-end borrower self-service, with 24/7 access

Automates credit, contract structuring, business verification, and compliance

Completes transactions in minutes vs. days or weeks

Who’s it for?

Banks, equipment manufacturers, and equipment distributors.


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