New York, NY (Oct xx, 2021) – Moven is pleased to announce that ApexEdge has now joined with Moven to add more breadth and depth to Moven’s Financial Wellness platform. The ultimate goal is to allow financial institutions and fintechs to offer solutions that save consumers tangible money and provide services that deliver unique cost savings to customers that aren’t normally associated with legacy banking.
ApexEdge is a partner-enablement platform that empowers financial institutions to become true advocates for their customers by going beyond simply offering money-saving recommendations to actively generating meaningful savings on their behalf. The platform uses actionable intelligence to identify and pursue savings opportunities for consumers, and through its BillShark service, manages the negotiation of monthly service bills and subscriptions such as cable TV, internet, wireless and home security – successfully realizing an 85% success rate on more than 350,000 customers served.
Moven’s “bank in a box” functions in a BaaS ecosystem, and allows a legacy bank or a fintech to launch a fully functional digital challenger bank within 90 days. With a growing number of channel partners like ApexEdge, Moven can provide clients with a number of opportunities to add value to their digital banking experience, as well as increase revenue channels. All these partners work in conjunction with Moven’s financial wellness platform as APIs or SDKs to make the entire integration and launch process customizable and quick.
“We’re excited to help the financial services industry find new ways to help consumers save, while living within their means,” said Moven CRO Bryan Clagett. “Banks and credit unions particularly, can differentiate by offering services that have immediate impact to consumers’ bottom line, while supporting their brand ambitions of acting as a financial advocate.”
“It is exciting to play a role in the financial wellness movement that the retail banking industry is embracing,” said Steven McKean, CEO, ApexEdge. “By partnering with innovative companies like Moven, banks and credit unions have access to the tools and technology to affect real, meaningful positive change in the daily lives of their customers and members.”
The ApexEdge active intelligence platform powers financial institution, PFM, fintech, and other innovator delivery of subscription and bill management to customers. By transforming insights into action, our concierge enablement solutions deepen relationships with meaningful, personalized conversations and real results. Customers save money and reduce stress. Partners grow from just advisors to indispensable advocates engendering loyalty plus new revenue. ApexEdge enables a direct to consumer innovations lab, Billshark, and is configurable from affiliates to white label integrations. Visit www.apexedge.com.
Moven has been a leader in providing innovative technology solutions to financial institutions for over a decade. Partners and clients of five continents have relied on Moven’s patented data-driven Financial Wellness® platform to deliver real-time insights into their customers, resulting in reduced attrition, increased engagement, and revenue enhancement opportunities. Moven pioneered the concept of alternative consumer financial profiles with CredScore®, a proprietary scoring metric based on generally accepted financial wellness principals.
Offering three unique delivery options, Moven is well positioned to support customized models exclusive to the needs of individual financial institutions. To learn more, visit moven.com.
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