5 Most Intriguing Companies at Finovate
May 17, 2013 9:54 AM
BTN reporter Sean Sposito is at the FinovateSpring startup showcase in San Francisco this week. Here are several companies that piqued his interest.
EyeVerify
This Kansas City-based biometric authentication company uses cell phone cameras to recognize the vein patterns in mobile banking customers' eyes, replacing the need for user names and passwords. The company recently raised a $2.3 million Series A round of investment, according to Midwest tech blog Silicon Prairie News .
Finect
This startup in Greenwich, Conn. has launched a social network for financial advisors and asset managers that is, executives say, more secure than LinkedIn. The site lets executives track their employees online.
Encap
This Oslo, Norway company provides banks with the tools to employ multi-factor authentication using smartphones. Banks can use Encap's software development kit to integrate the technology.
MoneyDesktop
The PFM provider in Provo, Utah launched two new data tools -- Insight and Target -- at FinovateSpring that let banks analyze customer data and send depositors specialized marketing content based on their transactions.
Kofax
The Irvine, Calif. tech vendor sells software that extracts data from documents. At Finovate, they demonstrated a customer onboarding process completed by capturing documents on a mobile device. The technology could also be used to create a completely digital loan process, where borrowers just snap pictures of statements and forms.
