New Moven App Encourages Savings, Eliminates Product Silos
At a time when most traditional banks in the U.S. are falling behind consumer expectations with respect to providing basic mobile banking services, Moven continues to blaze a trail of innovation that disrupts conventional banking paradigms. With the advantage of building a mobile banking platform from scratch, CEO and founder of Moven, Brett King was joined by Moven president and co-founder Alex Sion as they presented what some are coining ‘Bank 4.0′ at Finovate Spring in San Jose.
The introduction of its new Impulse Savings feature was one of several major expansions and enhancements to Moven’s overall experience that was introduced to another sold out crowd of bankers, investors, news media and others interested in fintech innovations. Moving beyond providing insight into spending behavior, Moven customers will have access to tools designed to encourage savings behavior and thus improve overall financial well being.