FinovateFall 2011 Recap, Day One

Here's a quick recap of some of the highlights from the first day of FinovateFall 2011, a conference showcasing innovative financial technologies.

The first day of FinovateFall 2011 took place yesterday at Pier 92 in New York City. The conference, which is part of a series showcasing financial and banking technologies in a series of seven-minute presentations and demos, drew more than 900 attendees and 64 companies. Below is a brief rundown of some of the highlights from the first day.

Segmint (Akron, Ohio) introduced SegmintSocial, a platform that helps banks gain better insight into their clients through Facebook with the aim of creating a more engaging and relevant social networking experience for customers.
Transecq (Atlanta, Ga.) demonstrated Interactive Transaction Authentication, a user-friendly, two-factor authentication module that runs on its Entersect mobile electronic security platform.
Micronotes (Cambridge, Mass.) showed KulaX, which it describes as "a cross-sell engine that enables financial institutions to leverage their online banking platform to generate more leads faster without interfering with core banking functions."
Kony Solutions (Orlando, Fla.) announced a new mobile app that facilitates a banks' internal executive approval process, called Kony Commercial Banking. The solution works on all mobile devices, even tablets.
MyCyberTwin (New York) came out with an artificial intelligence solution that uses virtual agents to interact with customers in real time.
Authentify (Chicago) demonstrated 2CHK, which provides a two-way window into a customer's bank account that allows for the review, approval and cancellation of banking transactions.
Backbase (New York) launched it's e-banking solution called the Retail Bank of the Future, which uses the newest User Experience (UX) patterns based on input gathered from customer research, industry thought leaders and UX specialists.
Mootwin (Palo Alto, Calif.) demonstrated a solution designed to help banks maximize the mobile experience for their customers. The solution boasts easy integration into existing IT architecture, highly secure access and real-time delivery of financial information.
Andera (Providence, R.I.) showed FortiFI, a technology that scans bank account applications to discover and flag fraud.
Personal Capital (San Francisco) unveiled its wealth management service that combines high tech with high touch -- web and mobile apps with professional advisors that the company says are designed to deliver the kind of personalized wealth management service previously reserved for multi-millionaires.

Look out for highlights from day two of FinovateFall tomorrow, plus a glimpse of some innovations that weren't presented in the demo showcase.