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.

Capital Access Network:

• They use a “daily remittance” model for SMB lending
• Their underwriting product can be used for a variety of loan products — revolving/term loans, credit cards, merchant cash advances
• They find that traditional credit bureaus and FICO scores are NOT predictive — some high FICO scores are poor credit risks.  They generate their own risk score
• They are more interested in daily credit card volume, which provides a lot of insight into future cash flows
• They require borrowers to remit a portion of their card sales EACH DAY.  Gives them much fresher data on the quality of the loan and allows them to adjust credit policy and collection strategy each day

Unience:

• A Spain-based global financial social network that brings together professionals and individual investors
• Aggregates investment accounts and allows them to be shared in a controlled manner, creating communities where asset managers can share their results and establish their credibility
• Operates on Unience’s “Unions” open platform.  Allows managers to create an intimate community with their customers

BlingNation:

• Have enhanced their model so that any merchant that accepts Bling can distribute the Bling tags to their customers for attachment to their mobile phone
• Their “Bling Box” contains a full kit — a Blinger (terminal) and a display with Bling tags
• The Bling tag can operate as a loyalty card (capable of delivering offers/coupons), without even being attached to a payment account
• The Bling tag can be attached to a Facebook page
• Bling tag can also be linked to your PayPal account to be used as a payment token (woah!)
• Also signed an agreement with Fifth Third Processing to enable linking to their 3,000 bank customers for funding accounts

Micronotes:

• Attempting to improve the efficiency of online marketing
• Built on the Yodlee 10 platform
• Introducing new fin app obtained from banks that initiates a dialog with retailers and serves offers to potential customers
• Retailers are selected based on consumer demographics and spending patters entered into the system by the bank
• The bank shares in the revenue from the incremental sales and gets opportunities to cross-sell relate financial products

Pageonce:

• Setting up and tracking a budget is hard and so few people keep it up
• Pageonce has 3 million registered users and is focuses on delivering via mobile
• Their mobile app runs on all cell phone platforms (even Windows Phone 7!) and attempts to synthesize all cash sources and uses and present a simple, integrated picture
• Provides simple picture of deposit accounts, card spending, bills to be paid, and alerts

Emue:

• Security system for card not present (CNP) transactions
• Another card with a processing chip and display screen that allows the user to activate and deactivate a card and authenticate the user in a number of ways
• For example, a PIN entry on the card can generate a dynamic Card Verification Value (CVV)
• For online banking, a PIN entry can generate a unique value to be used for log-in
• A caller from the bank can use a code to validate their identity and authenticate the card holder to avoid phishing attacks and social engineering schemes
• Can also digitally sign a particular transaction code

MatchFund:

• Money management platform for families with teens and ‘tweens (“Educational Banking”)
• The site sets up challenges that kids can use to earn credits toward their goals
• Adds social network featuring that allow other family members to get involved.  The bank also gets opportunities to make relevant offers.