|By Business Wire||
|January 31, 2013 05:39 PM EST||
The Financial Capability Development Competition (FinCapDev, http://fincapdev.com) has named 13 Finalist Teams to develop new mobile apps that will help working Americans make smart financial choices and gain better access to financial services. The apps proposed by the Finalist Teams address a variety of challenges, ranging from student debt decision-making to impulse spending management to peer lending to tapping social networks for financial advice to new takes on budgeting and more. Over 300 individuals participated in the app proposal phase of FinCapDev.
The FinCapDev Finalist Teams are:
- Nancy Anderson of Clinton, Mississippi
- Eric Bell and Guille Carlos of Arlington, Virginia
- Manel Baucells and Rajesh Jha of Los Angeles, California
- Karen Carlson, Dr. Michael Moshell, Brett Connolly, Jaffy Escarcha, Greg Zanmiller, Alexander Chernoff, and Michael Fried of Ocoee, Florida
- Lex Fridman of Philadelphia, Pennsylvania
- Ben Knelman, Dante Cassanego, Cristina Gorrino, and Katie Nienow of Mountain View, California
- Itai Leibowitz, Vanya Pasheva and Marcos Siqueira of New York City, New York
- Vanessa Lindley of Queens Village, New York and Christi Baker and Matthew McGraw of San Francisco, California
- Floyd Newsum, Melanie Mosley and Dr. Michael Wong of Houston, Texas
- Floyd Newsum, Janice Newsum, Melanie Mosley of Houston, Texas
- Francisco Prat of New York City, New York
- Grace Salas, Alex Sloan, Harold Marrero, Sophia Shah of Miami, Florida
- Richard Trask of Wilmington, Delaware, Matthew Schmidt of New Castle, Delaware and Jason Mastriana of Newark, Delaware
To learn more about each Finalist Team, visit http://www.fincapdev.com/finalists/.
“We’re tremendously excited to support and work with this talented, dynamic group of innovators,” said Timothy Flacke, Executive Director of the D2D Fund. “The fact that they hail from all over the country, and range from educators to entrepreneurs to engineers, reinforces our belief that innovation in the financial capability and access field really does come from anywhere. We’re eager to see the completed apps these teams produce.”
To learn more about the partner-provided resources that FinCapDev Finalist Teams will have the opportunity to access, visit http://www.fincapdev.com/what/expert-resources/.
“This marks the beginning of an ecosystem focused on leveraging innovation to improved financial capability and access to high quality products and services,” said CFSI President & CEO Jennifer Tescher. “From funders to finalist teams, we’re thrilled to see such engagement. We’re eager to see this ecosystem thrive and grow.”
Finalists will build fully functional apps by late spring, at which point they will present their apps to a panel of high-profile, expert judges at an event hosted by FinCapDev administrators, the D2D Fund and the Center for Financial Services Innovation. The $100,000 prize purse, including a $50,000 Grand Prize, will be awarded at this event.
Flacke and Tescher acknowledged the contributions of many enterprises in advancing the apps, including the teams at Betterment and GoPago, for graciously donating time and resources to insure the technical feasibility of all Finalist app proposals.
Supporting FinCapDev partners throughout the competition include the Applied Innovation Institute, Braintree, Citi, Dell Social Innovation Challenge, Deloitte, EachScape, Facebook, H&R Block, ideas42, MasterCard, Women Innovate Mobile, and Yodlee. FinCapDev is made possible thanks to the generous financial support of the Ford Foundation, the Citi Foundation, and Omidyar Network.
To follow the progress of FinCapDev Finalist Teams, visit the FinCapDev blog (http://fincapdev.com/blog) and follow on Twitter (http://twitter.com/fincapdev) or Facebook (http://facebook.com/fincapdev).
The Financial Capability Development Competition (FinCapDev, http://fincapdev.com) is a nationwide $100,000 challenge to develop new mobile apps to help working Americans make smart financial choices and get better access to financial services. In addition to bringing approximately six high-impact apps to market and available for consumers use, the competition will create an ecosystem of American innovators, technology companies, software developers, financial service firms, investors, and nonprofits to foster innovation in new mobile financial tools.
About the Center for Financial Services Innovation
The Center for Financial Services Innovation is the nation’s leading authority on financial services for underbanked consumers. Since 2004, its programs have focused on informing, connecting, and investing – gathering enhanced intelligence, brokering and supporting productive industry relationships, and fostering best-in-class products and strategies. CFSI works with leaders and innovators in the business, government and nonprofit sectors to transform the financial services landscape. For more on CFSI, go to http://cfsinnovation.com or follow on Twitter at @cfsinnovation.
About The Doorways to Dreams (D2D) Fund
Doorways to Dreams (D2D) Fund strengthens the financial opportunity and security of low and moderate income consumers by innovating, incubating, and stimulating new financial products and policies. Operating at the intersection of the private, non-profit and public sectors, D2D incubates and promotes practical applications with social impact that might otherwise lack a champion to nurture and bring them to market. D2D was incorporated as a 501 (c) 3 not-for-profit organization in 2000 and is headquartered in Allston neighborhood of Boston, across the street from Harvard University’s recently opened Innovation Lab. For more on D2D, go to www.d2dfund.org
SYS-CON Events announced today the Enterprise IoT Bootcamp, being held November 1-2, 2016, in conjunction with 19th Cloud Expo | @ThingsExpo at the Santa Clara Convention Center in Santa Clara, CA. Combined with real-world scenarios and use cases, the Enterprise IoT Bootcamp is not just based on presentations but with hands-on demos and detailed walkthroughs. We will introduce you to a variety of real world use cases prototyped using Arduino, Raspberry Pi, BeagleBone, Spark, and Intel Edison. Y...
Sep. 27, 2016 09:30 PM EDT Reads: 2,947
Complete Internet of Things (IoT) embedded device security is not just about the device but involves the entire product’s identity, data and control integrity, and services traversing the cloud. A device can no longer be looked at as an island; it is a part of a system. In fact, given the cross-domain interactions enabled by IoT it could be a part of many systems. Also, depending on where the device is deployed, for example, in the office building versus a factory floor or oil field, security ha...
Sep. 27, 2016 09:30 PM EDT Reads: 447
Is your aging software platform suffering from technical debt while the market changes and demands new solutions at a faster clip? It’s a bold move, but you might consider walking away from your core platform and starting fresh. ReadyTalk did exactly that. In his General Session at 19th Cloud Expo, Michael Chambliss, Head of Engineering at ReadyTalk, will discuss why and how ReadyTalk diverted from healthy revenue and over a decade of audio conferencing product development to start an innovati...
Sep. 27, 2016 08:30 PM EDT Reads: 2,032
Fifty billion connected devices and still no winning protocols standards. HTTP, WebSockets, MQTT, and CoAP seem to be leading in the IoT protocol race at the moment but many more protocols are getting introduced on a regular basis. Each protocol has its pros and cons depending on the nature of the communications. Does there really need to be only one protocol to rule them all? Of course not. In his session at @ThingsExpo, Chris Matthieu, co-founder and CTO of Octoblu, walk you through how Oct...
Sep. 27, 2016 08:15 PM EDT Reads: 2,226
The Jevons Paradox suggests that when technological advances increase efficiency of a resource, it results in an overall increase in consumption. Writing on the increased use of coal as a result of technological improvements, 19th-century economist William Stanley Jevons found that these improvements led to the development of new ways to utilize coal. In his session at 19th Cloud Expo, Mark Thiele, Chief Strategy Officer for Apcera, will compare the Jevons Paradox to modern-day enterprise IT, e...
Sep. 27, 2016 07:30 PM EDT Reads: 2,148
SYS-CON Events announced today that Bsquare has been named “Silver Sponsor” of SYS-CON's @ThingsExpo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. For more than two decades, Bsquare has helped its customers extract business value from a broad array of physical assets by making them intelligent, connecting them, and using the data they generate to optimize business processes.
Sep. 27, 2016 07:00 PM EDT Reads: 2,854
Whether they’re located in a public, private, or hybrid cloud environment, cloud technologies are constantly evolving. While the innovation is exciting, the end mission of delivering business value and rapidly producing incremental product features is paramount. In his session at @DevOpsSummit at 19th Cloud Expo, Kiran Chitturi, CTO Architect at Sungard AS, will discuss DevOps culture, its evolution of frameworks and technologies, and how it is achieving maturity. He will also cover various st...
Sep. 27, 2016 06:45 PM EDT Reads: 1,816
Identity is in everything and customers are looking to their providers to ensure the security of their identities, transactions and data. With the increased reliance on cloud-based services, service providers must build security and trust into their offerings, adding value to customers and improving the user experience. Making identity, security and privacy easy for customers provides a unique advantage over the competition.
Sep. 27, 2016 06:30 PM EDT Reads: 3,565
There are several IoTs: the Industrial Internet, Consumer Wearables, Wearables and Healthcare, Supply Chains, and the movement toward Smart Grids, Cities, Regions, and Nations. There are competing communications standards every step of the way, a bewildering array of sensors and devices, and an entire world of competing data analytics platforms. To some this appears to be chaos. In this power panel at @ThingsExpo, moderated by Conference Chair Roger Strukhoff, Bradley Holt, Developer Advocate a...
Sep. 27, 2016 06:30 PM EDT Reads: 2,201
SYS-CON Events announced today that Niagara Networks will exhibit at the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. Niagara Networks offers the highest port-density systems, and the most complete Next-Generation Network Visibility systems including Network Packet Brokers, Bypass Switches, and Network TAPs.
Sep. 27, 2016 06:15 PM EDT Reads: 400
SYS-CON Events announced today that Secure Channels will exhibit at the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. The bedrock of Secure Channels Technology is a uniquely modified and enhanced process based on superencipherment. Superencipherment is the process of encrypting an already encrypted message one or more times, either using the same or a different algorithm.
Sep. 27, 2016 06:00 PM EDT Reads: 1,700
If you’re responsible for an application that depends on the data or functionality of various IoT endpoints – either sensors or devices – your brand reputation depends on the security, reliability, and compliance of its many integrated parts. If your application fails to deliver the expected business results, your customers and partners won't care if that failure stems from the code you developed or from a component that you integrated. What can you do to ensure that the endpoints work as expect...
Sep. 27, 2016 05:45 PM EDT Reads: 1,662
So, you bought into the current machine learning craze and went on to collect millions/billions of records from this promising new data source. Now, what do you do with them? Too often, the abundance of data quickly turns into an abundance of problems. How do you extract that "magic essence" from your data without falling into the common pitfalls? In her session at @ThingsExpo, Natalia Ponomareva, Software Engineer at Google, provided tips on how to be successful in large scale machine learning...
Sep. 27, 2016 05:30 PM EDT Reads: 2,027
If you had a chance to enter on the ground level of the largest e-commerce market in the world – would you? China is the world’s most populated country with the second largest economy and the world’s fastest growing market. It is estimated that by 2018 the Chinese market will be reaching over $30 billion in gaming revenue alone. Admittedly for a foreign company, doing business in China can be challenging. Often changing laws, administrative regulations and the often inscrutable Chinese Interne...
Sep. 27, 2016 05:15 PM EDT Reads: 314
In his general session at 18th Cloud Expo, Lee Atchison, Principal Cloud Architect and Advocate at New Relic, discussed cloud as a ‘better data center’ and how it adds new capacity (faster) and improves application availability (redundancy). The cloud is a ‘Dynamic Tool for Dynamic Apps’ and resource allocation is an integral part of your application architecture, so use only the resources you need and allocate /de-allocate resources on the fly.
Sep. 27, 2016 05:15 PM EDT Reads: 2,770