For the sixth consecutive year, EBAday will feature a dedicated Fintech Zone, where 16 early-stage and growth startups will compete for the title of the 2024 winner.
The shortlisted fintech firms will have the opportunity to network and showcase their products to top payment leaders and banking executives on the judging panel and attendees at the conference. Finextra and the Euro Banking Association (EBA) selected startups that possess a proof of concept or a working product to present during their designated slots on either the first or second day of the event.
The shortlist features fintech companies presenting innovations in areas such as next-generation banking, payments-as-a-service, instant payments, request to pay, identity services and fraud prevention, central bank digital currencies (CBDCs), cross-border payments interoperability, emerging trends in payment technology and fintech collaborations, as well as liquidity and cash management practices.
Here are the finalists:
AbbeyCross
A platform enhancing the FX payment market infrastructure for emerging market (EM) currencies. By collaborating with global banks, MSBs, NGOs, and their EM payment providers, AbbeyCross aims to lower integration barriers, address compliance and continuity risks, and provide essential price transparency in the fragmented EM FX payment industry.
Bankish
An enterprise specializing in core IT solutions for credit providers in the financial services sector. Bankish offers various services, including modular software, operational customization, end-to-end process management, and cloud-based solutions, designed to empower businesses to maintain control over their operations and expand their capabilities.
Banxlocal.uk
An independent branch network that enables multiple banks to operate from a single location. This initiative allows digital and lesser-known banks to establish a physical presence in UK High Streets, addressing the ongoing access to cash crisis and broader banking service accessibility. With branch numbers shrinking dramatically since the late 1980s, this platform strives to bridge that gap.
ChainComply
This SaaS tool analyzes clients’ crypto exchange history, combining off-chain and on-chain data to identify the source of funds. ChainComply simplifies intricate transaction streams, highlighting high-risk transactions for AML teams to enhance their understanding of clients and meet regulatory standards.
Equali
An accounting and financial management platform providing automated reconciliation and payments management solutions, along with ledger management and payments data oversight.
Im-Par (Implementation Partners, GmbH)
An innovative AI-based payment processing platform set to transform financial transaction processing by leveraging artificial intelligence and machine learning for enhanced speed, accuracy, and security.
Instarails
A B2B SaaS API infrastructure designed to simplify cross-border payments. Focused on making international transactions instant and cost-effective, Instarails aims to improve access to financial services for low- and middle-income immigrants while empowering businesses to manage international transactions seamlessly.
Kodex AI
A generative AI platform that automates proposal creation, RFP responses, and data analysis, enhancing client interactions and workflow efficiency. With strong data security and privacy measures, Kodex AI caters to wealth management, private banking, and client solutions teams in the financial sector.
Lemonero
A digital lending platform tailored for eCommerce and omnichannel merchants, utilizing an AI-driven scoring model to serve the longtail of the SME market. Integrated into partner systems, Lemonero fosters efficient scaling and customer acquisition through flexible revenue-based financing.
Lucinity
A SaaS AI company that enhances user experiences and insights through augmented intelligence and generative AI, setting new benchmarks for operational efficiency by reducing review times and maximizing insights.
Lune
Lune provides a unified integration that unlocks financial data potential, enabling institutions to create personalized end-to-end engagement flows that resonate with customers.
Movitz Payments
This fintech company specializes in pre- and post-payment services aimed at improving the payment experience for financial institutions. Their innovative white-label UI services and custom API solutions are designed to create seamless integrations into banks’ online portals.
Necto
Necto empowers corporates, banks, treasury technology providers, ERPs, and PSPs to advance beyond outdated financial messaging, utilizing next-generation, API-driven bank connectivity.
Neterium
Neterium enables financial institutions and digital platforms to automate AML/KYC watchlist screening. With their standard API, clients can integrate screening and risk scoring into their processes swiftly.
nsKnox
A fintech security company that offers Cooperative Cyber Security (CCS) solutions, nsKnox focuses on safeguarding corporate payment systems against insider threats, external fraud, and data manipulation.
TradeHeader
TradeHeader champions the standardization of data to enhance connectivity, operational efficiency, reduce costs, and mitigate risks in financial markets. They serve as the link between various financial messaging standards and facilitate seamless interactions between third-party solutions and in-house technology.
For those interested, register for EBAday 2024 here.