FinovateFall 2011 Video Archives

On September 20 and 21, FinovateFall 2011 returned to Manhattan with a two-day showcase of dozens of the biggest and most innovative new ideas in financial and banking technology from established leaders and hot young companies.

Handpicked from hundreds, the companies got a mere 7 minutes on stage to demo (no powerpoint allowed) their latest and greatest.

You can view the demo video for Andera below.

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Andera | www.andera.com | blog.andera.com
HQ Location: Providence, RI
Company Founded: 2001
Product Being Demoed: FortiFI
Product Launched: July 2011

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Presenter Profile
How they describe themselves: Andera is the leader in integrated online customer acquisition solutions for retail financial institutions. Its suite of products and services includes solutions for marketing, customer acquisition, automated online account opening, risk management, funding, and cross selling.

How they describe their product/innovation: Andera's FortiFI product stops online new account fraud. It scans applications submitted online to over 500 financial institutions discovering patterns used by fraud rings only visible on an industry-wide scale, and flags applications matching known patterns before an account is opened at the bank. FortiFI is available as both a feature of Andera’s hosted account origination solution and its Software Development Platform (SDK). The SDK gives developers instant "plug and play" access to the many services and software components (e.g., ID verification, application risk management, funding risk management, funds transfer, etc.) used by Andera’s popular hosted online account opening solution, reducing the time and cost to bring innovative online services to market.

Key Executives: Charlie Kroll (CEO), Bob Chatham (CMO), Chris Burns (CFO), Craig Wilke (VP Products), Tom Sheehan (SVP Sales)

Key Partnerships: Intuit Financial Services, FIS, Yodlee, ORCC, S1, Q2, Open Solutions

Key Customers: Over 500 financial institution customers including PNC Bank, Alliant Credit Union, and BankSimple

Contacts:
Bus. Dev.: Tom Sheehan, SVP Sales & Business Development, tsheehan@andera.com, 978 761-0544
Press: Bob Chatham, CMO, bchatham@andera.com, 401-742-8264
Sales: Ted Brown, Sales Executive, tbrown@andera.com, 401-574-4768

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Organizers
Finovate events are organized by Online Financial Innovations which also publishes the well-known research publication
Online Banking Report and the popular blog NetBanker.
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