Finovate Day 2 Afternoon Recap, Reaction, and Ratings, from Bank Innovation Curaxian Curaxian is taking on ecommerce payment fraud. Curaxian analyzes payments data to cut down on manual review costs. Fighting fraud costs time, money and lost orders, so Curaxian is looking to automate it and stop fraud without stopping good orders. The fraud detection rules and its web-based application are constantly updated. Curaxian naturally partners with payment processors. The interface was a bit hard to see on the big screen. Cool Factor: 2 I want It: 2 Revenue Potential: 4 PayNearMe Cash is not going away, says PayNearMe, but it’s expensive and risky to process. With a low-tech sandwich board presentation that scored points with the crowd (despite flirting with the no-slides rule) PayNearMe presented a pain point and its solution, which is now being whitelabeled for FIs. It also allows billpay with cash at retail partners. PayNearMe Express, launched earlier this year, allows small businesses as well as large billers to accept cash payments. PayNearMe makes cash as easy to accept as cards and checks again. Cool Factor: 4 I want It: 4 Revenue Potential: 4 Arxan Technologies Arxan demoed Mobile Application Integrity Protection — at least, we think [...]
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