Personal financial management

TXIO Corp. Announces Launch of Neontra: A New Solution for Personal Financial Planning

Retrieved on: 
Tuesday, January 16, 2024

TORONTO, Jan. 16, 2024 /PRNewswire/ - TXIO Corporation today announced the launch of Neontra ( https://neontra.com ), its all-in-one app for personal financial planning.

Key Points: 
  • TORONTO, Jan. 16, 2024 /PRNewswire/ - TXIO Corporation today announced the launch of Neontra ( https://neontra.com ), its all-in-one app for personal financial planning.
  • An app that simplifies and makes sense of it all, enabling people to make better, more educated decisions about their financial future.
  • Data-driven insights from Neontra's proprietary AI help clients understand their net worth, cashflow, and behaviours contributing to overall financial health.
  • TXIO offers Neontra direct to consumer, and also as a financial wellness solution for financial planners, investment advisors, debt counsellors and health benefits providers.

Mobile Credit Card Scorecard Reveals Advances in Servicing via Virtual Assistants, Spending Reports and Card Controls

Retrieved on: 
Tuesday, January 9, 2024

WILMINGTON, Del., Jan. 9, 2024 /PRNewswire-PRWeb/ -- Keynova Group, the principal competitive intelligence source for digital financial services firms, today announced the results of its 2023 Mobile Credit Card Scorecard. Bank of America and Wells Fargo tied for first place honors in the annual Keynova Scorecard, a highly detailed competitive evaluation of the cardholder experience using the mobile apps and mobile web channels offered by the 10 leading U.S. credit card issuers.

Key Points: 
  • 1 in the Keynova Group 2023 Mobile Credit Card Scorecard
    WILMINGTON, Del., Jan. 9, 2024 /PRNewswire-PRWeb/ -- Keynova Group , the principal competitive intelligence source for digital financial services firms, today announced the results of its 2023 Mobile Credit Card Scorecard.
  • While basic card information and servicing support are widely available via mobile devices, many issuers have stepped up their offerings for the increasing number of mobile-only credit card users.
  • The Scorecard reveals that mobile virtual assistants, spending report analysis, and card control elements enhance mobile usability and set the leading issuers apart.
  • Issuers' mobile spending and Personal Financial Management tools feature innovative visuals and categorized transaction details that are key for cardholders managing and monitoring their credit card spending on mobile devices.

MoneyLion Announces Third Quarter 2023 Results

Retrieved on: 
Tuesday, November 7, 2023

MoneyLion Inc. (“MoneyLion”) (NYSE: ML), a leader in consumer and enterprise financial technology powering the next generation of personalized products, embedded finance and content, today announced financial results for the third quarter ended September 30, 2023.

Key Points: 
  • MoneyLion Inc. (“MoneyLion”) (NYSE: ML), a leader in consumer and enterprise financial technology powering the next generation of personalized products, embedded finance and content, today announced financial results for the third quarter ended September 30, 2023.
  • MoneyLion will host a conference call and webcast at 8:30 a.m.
  • “MoneyLion had another record quarter in Q3 2023, demonstrating the strength and resilience of our business model,” said Dee Choubey, MoneyLion’s co-founder and Chief Executive Officer.
  • We are leaning in and driving forward, optimizing our technology and building on the momentum of our mutually reinforcing businesses.”
    Three Months Ended September 30,

Enhanced Customer Services Drive IoT Adoption in Banking Industry - Market Forecast to 2030 - ResearchAndMarkets.com

Retrieved on: 
Thursday, August 17, 2023

The Internet of Things (IoT) in the banking market is projected to experience a remarkable Compound Annual Growth Rate (CAGR) of 18.58% over the forecast period.

Key Points: 
  • The Internet of Things (IoT) in the banking market is projected to experience a remarkable Compound Annual Growth Rate (CAGR) of 18.58% over the forecast period.
  • Enhancing Customer Services: IoT enables banks to offer easy-to-access services to credit card and debit card customers.
  • North America Leads IoT Adoption: With the presence of major banks and a tech-savvy customer base, North America holds a significant share in the IoT banking market.
  • Banking IoT Market Competitor Analysis:
    The IoT in banking market is witnessing a fragmented landscape, with key players including IBM Corporation, Microsoft Corporation, Cisco Systems, Inc., and Infosys Limited.

Finastra Partners with MX to Deliver Personalized Financial Management Tools and Insights for Consumers

Retrieved on: 
Thursday, July 27, 2023

LEHI, Utah and LAKE MARY, Fla., July 27, 2023 /PRNewswire/ -- Finastra, a global provider of financial software applications and marketplaces is partnering with MX Technologies, Inc., an industry leader in Open Finance, to provide more seamless, personalized money experiences by integrating MX's Personal Financial Management (PFM), Insights, and Account Aggregation solutions with Finastra's Fusion Digital Banking solution.

Key Points: 
  • Finastra's Fusion Digital Banking solution integrates with MX PFM, Insights, and Account Aggregation
    "Consumers are looking to their financial providers to help them better manage their money and guide them toward financial health.
  • By partnering with Finastra, we're enabling more than 150 financial institutions using the Fusion Digital Banking solution to improve the money experience and meet consumer needs with personalized recommendations, services, and tools," said Raymond den Hond, Chief Commercial Officer, Partners, at MX.
  • With the integration of MX and Fusion Digital Banking, financial institutions can provide consumers with a robust set of PFM and financial wellness tools, including budgeting and debt management, personalized, proactive insights based on their spending and saving behaviors, and the ability to create a consolidated view of their finances by connecting all of their financial accounts.
  • "Finastra is thrilled to partner with MX to offer our customers new tools to help support an enhanced customer experience," said Peter Longo, Vice President, Product Management at Finastra.

Q2 Reports More Than 100 Percent Growth in Financial Institution and Fintech Partnerships Through Q2 Innovation Studio

Retrieved on: 
Tuesday, July 11, 2023

In addition, as of March 31, 2023, the number of consumers and small businesses utilizing fintech solutions through Q2 Innovation Studio has increased more than 100 percent year over year.

Key Points: 
  • In addition, as of March 31, 2023, the number of consumers and small businesses utilizing fintech solutions through Q2 Innovation Studio has increased more than 100 percent year over year.
  • Multiple financial institutions have reported generating $1 million or more in positive financial impact from Q2 Innovation Studio through a combination of non-interest fee income, cost savings and operational efficiencies.
  • Fourth Capital: “The Q2 Innovation Studio has been a game changer for Fourth Capital in many ways,” said CEO at Fourth Capital, Brian Heinrichs.
  • “Currently, we’re utilizing six fintech partners through Q2 Innovation Studio.

Interfield Global Software Inc. Signs AARO to Co-Marketing Agreement

Retrieved on: 
Monday, June 26, 2023

VANCOUVER, British Columbia, June 26, 2023 (GLOBE NEWSWIRE) -- Interfield Global Software Inc. (NEO: IFSS) (the “Company”) is pleased to announce that Interfield Software Solutions LLC, the Software as a Service division of the Company ("Interfield"), has signed a co-marketing agreement with AARO Middle East DMCC (“AARO”).

Key Points: 
  • VANCOUVER, British Columbia, June 26, 2023 (GLOBE NEWSWIRE) -- Interfield Global Software Inc. (NEO: IFSS) (the “Company”) is pleased to announce that Interfield Software Solutions LLC, the Software as a Service division of the Company ("Interfield"), has signed a co-marketing agreement with AARO Middle East DMCC (“AARO”).
  • AARO is part of AARO Systems AB Sweden and is in the business of accounting software services, executive recruitment and event management.
  • In furtherance of the agreement, Interfield will be a partner of the 2023 Finex Summit, a global virtual summit on September 13, 2023 targeted at the continuing personal development of Global Finance Leaders.
  • With a global presence and a track record of success, Interfield is excited to add their game changing software to our product offering.

European banks say that traditional money management tools are not meeting expectations

Retrieved on: 
Tuesday, January 31, 2023

“Yet Forrester’s report reveals that existing Personal Financial Management (PFM) tools are neither meeting customer expectations nor delivering business impact for banks.

Key Points: 
  • “Yet Forrester’s report reveals that existing Personal Financial Management (PFM) tools are neither meeting customer expectations nor delivering business impact for banks.
  • Although nearly three-quarters (73%) of bankers say they already offers customers some sort of digital money management tool, 77% state that fewer than half of their customers actively use these tools.
  • The report found that adoption is low because existing money management tools fail to deliver tangible outcomes for customers.
  • Banks should use an advanced money management platform to deliver business impact, increase revenue, profitability, and customer lifetime value.

Simplifying Calculation Launches New Personal Financial Statement and NetWorth Calculator for a Comprehensive Financial Snapshot

Retrieved on: 
Monday, February 6, 2023

A Personal Financial Statement (PFS) is a summarized document that outlines an individual's net worth.

Key Points: 
  • A Personal Financial Statement (PFS) is a summarized document that outlines an individual's net worth.
  • Knowing one's net worth is the primary reason for preparing a Personal Financial Statement.
  • For more information on PFS/NetWorth Calculator from Simplifying Calculation, please visit Net Worth Calculator .
  • Simplifying Calculation aims to help simplify the calculation process that is a part of any financial transaction, be it for personal finance, small business, or investments.

CERITY PARTNERS WELCOMES FORMER GOLDMAN SACHS EXECUTIVE ADAM HILLS

Retrieved on: 
Tuesday, December 6, 2022

NEW YORK, Dec. 6, 2022 /PRNewswire/ -- Cerity Partners, one of the largest and fastest growing wealth-management firms in the US, has appointed former Goldman Sachs executive Adam Hills as its Chief Revenue Officer.

Key Points: 
  • NEW YORK, Dec. 6, 2022 /PRNewswire/ -- Cerity Partners, one of the largest and fastest growing wealth-management firms in the US, has appointed former Goldman Sachs executive Adam Hills as its Chief Revenue Officer.
  • In this newly created role, Mr. Hills will lead all organic growth efforts for Cerity Partners.
  • A direct report to Cerity Partners founder and CEO Kurt Miscinski, Mr. Hills will join Cerity Partners' Executive Committee.
  • Before joining Cerity Partners, Mr. Hills was Managing Director and Head of Corporate Growth, Strategy and Partnerships in Goldman Sachs' Personal Financial Management (PFM) group.