Finovate NYC continued on Wednesday, Sept. 11, with a moment of silence to remember the events of 12 years ago, which put an early hush over the hall. After this, the presentations kicked in. Day 1 Morning Day 1 Afternoon SEPT. 11 MORNING SESSIONS DoubleBeam A payments presentation kicked off Day 2. Doublebeam enables mobile payments with a SDK offering. “We power mobile commerce,” but consumers will never know that. It works off a blank check and avoids card rails and interchange fees. It has a grocery store customer and its pitch is that it saves merchants money and offers rewards to customers — as mobile wallets should. Cool Factor – 3 I Want It – 4 Profit Potential – 3 Finect Finect is a financial services social network and document library that is fully compliant. Adoption is slowly ramping up since its introduction at NetFinance in the spring, and its document library could prove to be helpful. Social media risk and attacks are on the rise in the financial services world, so more security and oversight is needed. But as far as social media networks go, Finect felt dry. Cool Factor – 2 I Want It – 4 Profit [...]
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