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Posted by Tiffani Montez on May 20, 2013
I attended FinovateSpring 2013 last week to get a preview of new products from digital technology vendors for financial services. For those of you that have not been to Finovate, it’s a little like innovation speed dating — where 72 vendors have 7 minutes to win the hearts of the audience to secure the “Best of Show” Award. At last year’s conference, a few new topics emerged: Personal Financial Management (PFM), payments, rewards, coupons, and mobile banking services for Prepaid Visa customers. This year the focus was still on PFM and payments, but one new topic hit the stage full force: authentication, which is this year’s new black. Sexy, I know!
While there were plenty of interesting and innovative demonstrations, Forrester attended the conference to identify trends and solutions relevant for our retail digital financial services clients. My "Best of Show" picks included innovative solutions that helped our clients either deliver on a customer need or solve a core customer problem in the retail banking realm. At this year’s conference, I noticed that:
Although MoneyDesktop is the only best in show Finovate winner on my list, I want to take a moment to congratulate all the best in show winners: FamZoo, LendUp, MoneyDesktop, PayNearMe, and TipRanks. There were some spectacular demonstrations this year! Thanks to Finovate for another great show!