PLYMOUTH, Minn., Oct. 5, 2016 /PRNewswire/ -- ClickSWITCH, a turnkey solution that simplifies the switch of recurring payments and deposits for financial institutions' new and existing account holders, announced today that it has been honored as one of the 2016 FinTech Forward Companies to Watch by BAI and American Banker at BAI Beacon in Chicago.
"We are honored to be part of this prestigious list and to be recognized for our continued innovation within fintech. I am incredibly proud of our ClickSWITCH team and what we have achieved so far, this award is a testament to our dedication and hard work," stated ClickSWITCH's Chief Executive Officer, Cale Johnston.
American Banker and BAI selected ClickSWITCH after reviewing specific examples of the remarkable benefits provided to financial institutions.
- Reduce inactive accounts and obtain additional primary account holders
- Improve switch process efficiency
- Increase customer growth, retention and increase cross selling opportunities
- Increase revenue stream from deposits and primary account holders
- Deepen relationship with account holders with fast and easy onboarding
The Fintech Forward award honors high-impact start-ups and other recent market entrants bringing new approaches to FinTech and is selected by an advisory board comprised of industry experts from BAI, and other financial service leaders. The board represents companies with convincing new offerings and solid business models. A full list of FinTech Forward ranked companies can be accessed at FintechForward.com.
ClickSWITCHTM is a unique account holder acquisition technology for financial institutions that simplifies the process of bringing new account holders onboard by quickly, safely and efficiently switching their recurring payments from their old accounts to new ones. Based in Eden Prairie, MN, the company's industry-leading solutions help clients to increase account holder acquisition and activation rates, engage during onboarding, and cross-sell products to capture full profit potential. ClickSWITCH is a technology leader delivering world-class solutions to financial institutions of all sizes. To learn more, visit www.ClickSWITCH.com.
ABOUT FinTech Forward
FinTech Forward, a collaboration of American Banker and BAI, brings together the research, media, and event capabilities of banking's top two professional information and education organizations. The initiative includes the annual FinTech Rankings of technology vendors to the financial services industry and new proprietary research and market analysis conducted by BAI and American Banker to identify the forces and trends that are motivating banks' technology investment.
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