FinovateEurope 2011 will be held in London on February 1, 2011. This conference series will bring together many “cutting-edge financial and banking technology innovations from and for the European market.”
See FinovateEurope 2011 website, http://www.finovate.com/europe2011/
Like FinovateFall 2010, it will feature many demos from the top executives of financial technology companies.
The list of Reasons to attend FinovateEurope 2011, include:
• Getting an edge on the competition
• Innovative companies will “Not only will they inspire you, but they will also help you compete.”
• Beneficial fast-paced demos and networking sessions
For a list of presenters at FinovateEurope 2011, http://www.finovate.com/europe2011/presenters.html
Capital Access Network, Inc. (CAN) introduced the concept of Daily Remittance and their Daily Remittance Platform™ or DRP at FinovateFall in New York and will demonstrate DRP’s integrating functionality, daily amortization and daily accounting module and its international fluency at FinovateEurope.
See FinovateFall Video of CAN Demo, http://www.capitalaccessnetwork.com/viewvideo/finovate
For finance providers, DRP allows underwriting based on actual performance of similar businesses, rather than merely typical bureau reports and credit scores such as FICO (in the U.S).
For Small and mid-sized businesses, or “SMBs”, Daily Remittance aligns the finance provider’s desire to manage risk with intra-month reductions of the SMB’s account balance with the SMB’s desire to align remittances more closely with cash flows experienced within its business.
CAN is the parent company of AdvanceMe, Inc. (AMI), a leading Merchant Cash Advance (MCA) provider, and NewLogic Business Loans, Inc. (NewLogic), a “Main Street” business loan provider. Both AMI and NewLogic utilize CAN’s DRP. For Merchants considering a MCA that aligns remittances more closely with their business' cash flows, consider doing business with AMI. For Merchants considering a business loan that offers a “Mini-Payment” feature that helps SMB cash flow by creating smaller, more frequent payments instead of one lump sum monthly payment, consider NewLogic.
See FinovateFall 2010 website, http://finovate.com/fall2010/
See CAN daily remittance section, http://www.capitalaccessnetwork.com/dailyremittance.html
See Advanceme’s website, http://www.advanceme.com/
See NewLogic’s website, http://www.newlogicbusinessloans.com/
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