Innovative Payment Technology Prospects: FinovateSpring 2018
- Date:June 05, 2018
- Author(s):
- Rachel Huber
- Michael Moeser
- Report Details: 12 pages, 3 graphics
- Research Topic(s):
- Tech & Infrastructure
- PAID CONTENT
Overview
Analysts from Javelin’s Payments practice recently attended FinovateSpring 2018. Of the firms presenting, Javelin identified four companies, highlighted in this report, providing an innovative payments experience by taking an uncommon approach to a popular market challenge or by being among the first to address a new market opportunity or need.
In selecting companies for this report, the factors Javelin considered include:
- Offers a solution or product applicable to retail payments
- Offers available product—no vaporware
- Companies must have a product in market at the time of the conference
- Pilots or companies launching at Finovate were not considered
- Presents a compelling, easily-understood overview of the product in their demo
- During an in-depth discussion, company representatives provided Javelin analysts with a more detailed understanding of their product, beyond the 7-minute conference demo
In this report we discuss the companies outlined below (in alphabetical order), including their background, why their product is unique, how their technology can be utilized, and why they could be an ideal partners.
- Alpharank: Utilizes historical transaction data in a new way, making cross-selling and new customer acquisition more effective
- Dynamics: Provides new versatility for and increases life cycle of plastic cards, allowing for enhanced security, multiple card use, and interactive customer messaging
- moneyamigo: Reward-based debit card for the non-affluent
- Status Money: Direct-to-consumer advertising platform allowing financial providers to target consumers on a very niche level likely to result in higher marketing ROI
Learn More About This Report & Javelin
Related content
August 06, 2024
Banking as a Service and Self-Inflicted Wounds
The “unbundling” of financial services through banking-as-a-service arrangements cast risk and compliance into a gray area. This was underscored by the failure of BaaS provider Syn...
July 16, 2024
Cloud Vendors and What They Bring to Payments
Providers of cloud services have made strong plays for financial institutions in recent years, and accordingly, banks have begun migrating data and applications to the cloud rather...
May 21, 2024
Managing Cards as a Service
Companies that provide card-as-a-service (CaaS) offerings are flourishing under a range of descriptions. The overlaps among CaaS providers, banking-as-a-service (BaaS) providers, a...
Make informed decisions in a digital financial world