PITTSBURGH and NEW YORK, Oct. 5, 2016 /PRNewswire/ -- InSpirAVE, cited as a revolutionary platform that can help millions multiply their savings and avoid debt to fulfill big-purchase goals, was recognized as a FinTech Forward "Company to Watch" by American Banker and BAI today at the BAI Beacon Conference in Chicago.
Selected by an advisory board comprised of industry experts from BAI, American Banker, and executives from leading financial institutions, FinTech Forward recognizes Inspirave on a shortlist of only 20 "Companies to Watch" who have a compelling new offering and solid business model.
This announcement continues an amazing year of industry recognition for Inspirave. Also recognized a Top-8 in FinTech and Payments by the SXSW accelerator and selected to present at Finovate from the "most competitive pool in the event's 10 year history," Inspirave has taken its place amongst the "best fintech the industry has to offer."
"Inspirave's recognition by American Banker and BAI is testament that our patent-pending technology enables financial institutions partnering with us to set themselves apart. Not only can banks tangibly boost deposits and payments revenues, but the Inspirave platform can deepen customer relationships and share-of-wallet in ways that are lasting," notes Inspirave's CEO Om Kundu.
In addition, Inspirave is partnering with Specialized Retailers which will enable consumers across Specialized's 1200+ Retail partners to save for their next purchase through Inspirave. In recognizing Inspirave's unique value as an additional sales channel and in expanding access for more people to afford important purchases, Specialized remarked that "Inspirave absolutely helps address one of Specialized's core objectives to support aspiring cyclists and independent bicycle retailers."
"Inspirave is redefining the way people save and we're really excited they showcased The Internet-of-Savings® at our 10th anniversary show," said Greg Palmer, VP of Finovate. "Their platform, which empowers people to multiply their savings to reach the goals that matter the most to them, offers a socially conscious way for retail and financial institutions to expand their revenue streams, while allowing purchasers to avoid exorbitant debt."
Robert Barba, technology editor of American Banker, noted that Inspirave's recognition as part "of the FinTech Forward rankings" derives from Inspirave "giving banks the tools they need to handle the challenges and opportunities they face…to augment legacy technology, better understand data and provide customers with products that hold up across the digital universe."
Sign-up at http://www.Inspirave.com/sign-up/ for Inspirave's waitlist before early-access closes.
About InSpirAVE -- The Internet of Savings®
InSpirAVE's Internet-of-Savings® platform -- backed with patents published across 148 countries -- empowers consumers to make responsible purchase-decisions and fulfill those goals through personalized savings plans multiplied by interest income, best offers from merchants, and support from friends-and-family.
InSpirAVE's leadership comprises retail/financial services subject-matter-experts who collectively bring a track-record of 100+ years, having driven growth for some of the most well-recognized institutions across the sector.
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