Glenbrook’s Bryan Derman is live blogging from FinovateFall 2010. This is one of several posts; you can find an index to his coverage here.
Last session — hang with me!
- Nicely designed PFM system that uses aggregation
- It let’s you set goals and track them
- It’s not easy being the last PFM company in a two-day conference
- Introducing the Optimizer, a PFM-type Dashboard targeted to the management of the bank!
- Allows bank executives to review loan and deposit trends and their margins
- Creates a summary P&L and produces alerts on lines and organizations that are under-performing
- Reporting synchronizes with MS Outlook, so it can be reviewed offline
- Banks need to personalize their messages through various channels in order to build relationships
- Segmint reviews customer transactions and tags them in order to generate relevant offers and messages from the bank and its partners
- Segmint is now integrated with GBS/ShareTech, making it easy for their small bank clients to participate
- Provides businesses with a forward-looking view of their cash flow – a PFM for small business
- Mobile app can take photo of receipts and upload to the expense management system
- System also quickly pulls bills into the receivables system so they can be factored into the cash flow projection and run through the approval process
- Also supports automated invoicing and factors receivables into the cash flow projection
- Integrated with QuickBooks and FreshBooks, with more partners to come
- Mobile financial service for people without bank accounts
- Plastyc’s iBankUp service tries to deliver a bank-like experience to prepaid cardholders
- Mobile app runs on browser because most of these customers don’t have smartphones
- Lots of easy links to find key information (routing and transit number for direct deposit)
- Gives the user check-writing capabilities, right from the mobile device
- Can do mobile top-up within the mobile session
- Lots of complexity in merging healthcare and financial services
- FIS portal can be rebranded by a bank
- Portal includes instructional videos that explain how tax-advantaged healthcare accounts work and for whom they are appropriate
- Content is also provided for employers that may be providing these accounts
- Can also configure a Personal Health Record by pulling in data from other sources
- All portal functionality will also be available on a mobile app called “Pocket Benefits”
- 200 bank customers and 1 MM users on their mobile banking apps
- Now introducing remote deposit capture by mobile phone
- Have also mobilized the Starbucks gift card into a 2D barcode (I’ve done this — it’s very cool. Try it in a Starbucks store in a Target store near you!)
- Can also send a virtual gift card to another cell phone (delivered through a text message that opens a card image with one-time card number)
Thanks for hanging in. I’ll be back with a report on the Best in Show winners and some synthesis of what we heard the past two days.