Barton School Hosts Lunch for NXTSTAGE FinTech Finalists
Sept. 14, 2022
By Barton School of Business
The Power of Natural Language Processing
Summary: The conventional wisdom around AI has been that while computers have the edge over
humans when it comes to data-driven decision making, it can’t compete on qualitative
tasks. That, however, is changing. Natural language processing (NLP) tools have advanced
rapidly and can help with writing, coding, and discipline-specific reasoning. Companies
that want to make use of this new tech should focus on the following: 1) Identify
text data assets and determine how the latest techniques can be leveraged to add value
for your firm, 2) understand how you might leverage AI-based language technologies
to make better decisions or reorganize your skilled labor, 3) begin incorporating
new language-based AI tools for a variety of tasks to better understand their capabilities,
and 4) don’t underestimate the transformative potential of AI.
The W. Frank Barton School of Business at Wichita State University was excited to host lunch for the finalists of the 2022
NXTSTAGE FinTech competition in the Wayne and Kay Woolsey Hall Ballroom. Finalists from across
the globe came to Wichita, and before the main competition had a chance to tour Woolsey
Hall and dine with faculty and staff from the Barton School.
About the NXTSTAGE FinTech Competition
The NXTSTAGE FinTech Competition is an innovative program that allows FinTech startups
from around the world to present their innovative technology solutions to prospective
customers in Kansas that they otherwise may not have been able to access. Startups
offer potential technology tools – ready to be pilot tested or fully deployed – that
can help financial institutions enhance their digital offerings and improve their
operations. The competition attracted 94 competitors hailing from 27 states and 13
countries, and eight leading startups have been selected to host in Wichita.
The program’s pilot partners – community banks, credit unions and financial services
businesses in Kansas – get to collaborate with startups and become early adopters
of next-generation solutions, curated from among the crowded field of FinTech offerings.
2022 Finalists
Agora Services (New York City) is the next generation of Bank as a service provider, offering a
complete Fintech ecosystem that allows banks, credit unions or fintechs to build advanced
digital solutions or leverage Agora’s existing white-label solutions.
Array (New York City) is a financial enablement platform specializing in embeddable tools
and white label credit and identity products, used by fintechs and financial institutions
to drive greater engagement with customers. > > https://array.com/
Boss Insights (Toronto, Canada) is a leader in open banking, linking fintech and financial institutions
to their small and medium-sized business clients’ financial accounting, commerce,
payroll and tax data in minutes.
ComplYant (Los Angeles) Meet your new digital business tax assistant. We help small business
owners remember tax deadlines, budget & save for future bills, and much more.
Maxwell (Omaha, Neb.) makes it easy for employers to offer personalized benefits & rewards
that attract and retain the talent they need.
Photon Commerce (San Francisco) provides instant straight-through-processing of real-time payments,
remittances, checks, invoices, and statements to financial institutions, standardizing
ISO20022 data automatically.
upSWOT (Charlotte, N.C.) serves banks and FIs by helping them build loyalty and expand engagement
with their SMB clients, thanks to its white-labeled financial management solution.
V2verify (Omaha, Neb.) Simplifies Life by replacing MFA, Passwords, and PINs with a simple-to-use
voice authentication solution.
