How they describe themselves: Moven offers a flexible software platform designed for customer centric mobile banking. We partner with global financial institutions to transform banking from products and balance sheets to insights and advice. Connecting the lifestyle of a customer to revenue moments of a bank. Our expertise, infrastructure, and delivery methodology enable us to align with a specific business case, execute in a fraction of the time, and deliver results for a fraction of the cost.
How they describe their product/innovation: Brett King, Chief Executive Officer of Moven, and Rizwan Khalfan, Chief Digital Officer of TD Bank, will demo the TD My Spend app for the very first time at Finovate Spring. The application itself is a full integration of the Moven platform within TD’s mobile banking ecosystem. Not only will this integration allow TD to drive deeper engagement with their customer, but it also proves that “big banks” are indeed turning to FinTech companies to help solve their problems.
Product distribution strategy: Direct to Consumer (B2C), Direct to Business (B2B)