PASADENA, Calif., Oct. 20, 2015 /PRNewswire/ -- Wallaby Financial, the leader in mobile and web-based credit card optimization solutions, today announced the release of version 4.1 of its flagship iPhone application. The latest version provides intelligent alerts to customers' iPhones to remind them before they checkout which credit card will save them the most money.
The new technology uses geo-location, financial data, time of day and other factors to determine when to alert people to savings opportunities — and when not to. This groundbreaking new feature has minimal battery impact and operates intelligently to use phone services only when needed. Users shopping at supermarkets or eating at restaurants may receive real-time alerts with a quick visual reminder about which card to use without ever launching the Wallaby app.
"Wallaby users know that technology can help them save time and money, so we continuously integrate the latest functions into our application to make sure customers get the best possible deals," said Matthew Goldman, Wallaby Financial Founder and CEO. "Our new feature, 'Ambient Alerts,' provides more opportunities to save and rack up rewards, and since our application works seamlessly across mobile and wearable iOS devices, it helps users optimize credit card use at the point of sale without the hassle of seeking out savings opportunities."
Designed to help consumers maximize credit card rewards, Wallaby helps consumers choose the optimal card for each purchase to ensure that they get the most points, miles, cash back or other rewards. Powered by CardBase®, Wallaby's proprietary database of more than 2,800 credit card profiles, the app recognizes the user's location and delivers an unbiased card recommendation for a given purchase.
After installing Wallaby on their iPhone or iPad, users sign in or sign up for free and quickly add their current credit cards and preferences. When users launch the app, they immediately see which of their credit cards is best to use for a given transaction. Wallaby version 4.1 for iOS and Wallaby for Apple Watch are available in the App Store and at www.walla.by/mobile.
About Wallaby Financial Inc.
Wallaby Financial ("Wallaby") is the leader in credit card data and consumer financial information applications. Powered by CardBase®, a proprietary database of more than 2,800 credit card profiles, and Wallaby's unique real-time optimization algorithms, Wallaby's product suite helps consumers to earn more rewards and save more money. Wallaby informs consumers about which card to use when shopping, and helps them find the best credit card to add to their wallets by taking into account rewards, fees, interest rates, and other financial data. Wallaby products are available for Web, iPhone, Android, wearables, and more. For more information, please visit https://www.walla.by. Stay connected with Wallaby on Facebook or on Twitter @wallabycard. Wallaby is a subsidiary of Bankrate, Inc. (NYSE: RATE).
SOURCE Wallaby Financial