To begin the second set this afternoon, Transparency Labs demonstrated a tool that takes the headache out of reading the fine print:
“Imagine a day when you could easily understand your fine print and:
- Buy a home and quickly decipher the Terms and Conditions of your mortgage
- Know exactly what your insurance policy covers, with a click of a button
- Never have to lie again when you click “I have read, understand and agree to the Terms and Conditions” when visiting a website online
- Save for retirement with confidence
- Know the true cost of your mobile phone plan, credit card, airline tickets and bank accounts
Transparency Labs works by:
- Aggregating thousands of pages of Terms and Conditions issued by America’s largest corporations and financial institutions
- Analyzing the most widely used standard-form-contracts using an objective & empirical methodology
- Cataloging over $100 billion in hidden fees and surcharges and millions of fine print data points
- Tracking ongoing changes in fine print agreements”
Product Launched: September 2011
HQ Location: New York, NY & Los Angeles, CA
Website: transparencylabs.org
Presenting David Hirsch (Founder) & Benjamin Texter (Vice President)