The afternoon of the second day of Finovate Fall brought on fatigue, mild hallucinations, and euphoria, sometimes all at once. Our demo reviews appear below. Previous sessions from this year’s Finovate: Morning Day 1, Afternoon Day 1, Morning Day 2. SEPT. 11 AFTERNOON SESSIONS Simple Verity Simple Verity is another lending solution for small businesses, which was a major theme at Finovate Fall. Thin files exist for 6 million small businesses. Simple Verity helps borrowers develop profiles to inform lenders. Cool Factor – 3 I Want It – 3 Profit Potential – 3 Spreedly Online payments provider Spreedly went live last March. It has grown 30% month over month and has processed some 100,000 credit card transactions, with a $100 million annual run rate. The company touted its Credit Card Vault in the cloud and described itself as “Payment as a Platform” — catchy. Spreedly has partnered with e-commerce veteran Shopify. Nice visualizations of transaction activity were shown off in its Gateway Index. Cool Factor – 4 I Want It – 3 Profit Potential – 3 Mitek Mitek’s smartphone camera technology is used by all of the top 10 banks and over 1,000 other banks. Remote deposit capture of checks [...]
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