Blip Labs and Moven partner to address the needs of Community FIs
By Pavithra R
Blip Labs, a Philadelphia based FinTech company unlocking new opportunities through intelligent bill pay, has announced joining Movencorp (Moven) collaborative network of technology companies whose platforms represent the latest in digital banking experience solutions.
The partnership is poised to help community FIs recapture the bills paid outside of banking channels. Blip’s intelligent bill pay elevates Community FIs as they face digital competition and seek innovative ways to engage customers and attract new ones. The firms will work together to provide Community FIs with proactive ways for customers to lower their bills, manage cash flow, and find new products and services that improve their everyday and financial lives.
“Blip’s plug-and-play intelligent bill pay API and white label front-end experience offer a straightforward way for Community FIs to retain and convert customers. Moven is positioning itself to help Community FIs acquire new customers through frictionless experiences, and Blip’s technology is a natural fit with our mission,” said Moven’s Chief Revenue Officer Bryan Clagett.
Moven is a leading technology provider of intelligent banking solutions designed to improve consumer financial wellness. It offers flexible and innovative, data-driven solutions with the unique US Patented financial wellness digital offering.
“Traditional bill pay systems are antiquated, and the effects of COVID-19 have accelerated the need to rethink existing retroactive, manual, and fragmented traditional bill pay by providing an intelligent proactive, automated, and consolidated digital system,” said Michael Bank, Co-Founder of Blip.
“Blip addresses the needs of the 9,000 Community FIs in the United States that have been operating for thousands of years, but lack innovative technology partners focused on their needs,” said Seth Fenster, Co-Founder of Blip.
Founded in 2011, Moven is a mobile-banking technology platform provider that banks use to reduce attrition rates, drive new revenue streams and lower customer acquisition cost. Its smart banking technology provides advice-driven, highly-personalized financial wellness experience for banks, helping them grow its customer relationship.
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