Leading Digital Banking System Has Robust Money Management Tools, Financial Health Solutions and a Scholarship System
BM Technologies, Inc. (NYSE United states: BMTX, BMTX.W), among the biggest banking that is digital in the nation, is marking Financial Literacy Month by showcasing its objective to be financially empowering. Launched in January 2015, BM Technologies (BMTX), previously referred to as BankMobile, supplies a digital-first banking experience that is simple, affordable and consumer-friendly. The business acts over two million customers and will be offering robust cash administration tools, economic health solutions and a scholarship system.
вЂњSince day one, our focus happens to be on economic empowerment therefore we are commemorating Financial Literacy Month by showing from the solutions we provide to aid our customers,вЂќ stated Luvleen Sidhu, seat, CEO and Founder of BM Technologies (BMTX). вЂњOur top priority will be to create a banking experience that encourages monetary stability.вЂќ
BM Technologies (BMTX) provides a number of economically empowering tools and solutions including:
Passport: the business acts pupils through BankMobile Vibe and Passport may be the accountвЂ™s recognition system where users make stamps for smart cash administration, academic accomplishment and good behavior that is financial. Every stamp obtained also offers them an entry in to the pupil triumph Sweepstakes for the opportunity to win award money put toward paying down their education loan financial obligation. About 1,420,000 clients are participating or enrolled in Passport. A total of over $200,000 since the launch of the Passport program and sweepstakes in 2015, BM Technologies (BMTX) has awarded customers.
Scholarship: BM Technologies (BMTX) has a yearly Financial Empowerment Scholarship, that was additionally were only available in 2015 and benefits students who comprehend the role that is important financial empowerment plays in life.
Financial Wellness Solution: the business possesses partnership with Prudential Financial, Inc. to present a full-service wellness that is financial to its Workplace Banking and BankMobile Vibe bank account clients. The answer provides clients having a economic health evaluation to explore the way they are spending, planning and protecting their cash and assets. The working platform additionally gives easy methods to gain peace-of-mind with spending and saving.
We we Blog and social networking: BM Technologies (BMTX) features a Financial Wellness We we Blog, which will be a one-stop-shop for economic motivation and inspiration featuring articles and advice. The organization also provides economic tricks and tips on its social networking platforms.
Webinar: the organization is hosting a webinar in honor of Financial Literacy called: вЂњIs Your Financial House In Order?вЂќ on Tuesday, April 27, 2021 at 1:00 PM EDT month. Through the session, BM Technologies (BMTX) and Prudential Financial, Inc. will talk about the after topics: saving money for hard times, protecting your assets, get yourself ready for retirement and much more.
Additional Features: BM TechnologiesвЂ™ (BMTX) reports have actually a variety of extra features including: interest-bearing reports; usage of significantly more than 55,000 fee-free AllpointВ® ATMs; early payday; robust mobile apps; and credit such as for example signature loans and charge cards.
About BM Technologies, Inc. (BMTX)
BM Technologies, Inc. (NYSE American: BMTX, BMTX.W) is amongst the biggest electronic banking platforms within the U.S., supplying usage of checking and savings accounts, signature loans, bank cards, and wellness that is financial. It’s centered on technology, innovation, easy-to-use services and products, and training aided by the objective of being вЂњcustomer-obsessedвЂќ and producing вЂњcustomers for life.вЂќ The BM Technologies (BMTX) electronic banking platform employs a multi-partner circulation model, referred to as вЂњBanking-as-a-ServiceвЂќ (BaaS), that allows the purchase of clients at greater volumes and significantly reduced cost than old-fashioned banking institutions, while supplying significant advantages to its clients, lovers and company. BM Technologies (BMTX) presently serves over two million members and offers disbursement solutions at about 725 university and college campuses (covering one from every three university students when you look at the U.S.). BM Technologies, Inc. (BMTX) is just a technology company and it is perhaps not just a bank, this means it gives banking solutions through its partner banking institutions. Additional information can be found at also https://ir.bmtxinc.com/.