Each autumn, the financial services industry gears up for Money20/20. As one of the largest conferences for payments and financial services innovation in the world, the event represents a major opportunity for both incumbents and innovators to showcase their work.
For the past two years, the Financial Health Network has sponsored a scholarship contest – made possible by Discover Global Network – to send early-stage start-ups to Money20/20. This year, Financial Health Network has selected three companies whose products and services improve consumer financial health. Winners received a $5,000 cash prize, travel stipends for two members of their team, and dedicated space in Discover’s booth to showcase their product at the conference.
Bloom Credit combines machine learning with in-depth credit data to identify efficient credit-improvement strategies for people who have been declined for traditional lending products.
BlueCheck helps financial services providers verify the identity of their users who may have limited or no credit history.
BOND.AI uses empathy-based artificial intelligence to optimize users’ financial behavior based on their financial goals and aspirations.
Each of these companies is leveraging technology to be a force for good in consumers’ financial lives. If you are heading to Money20/20 this year, be sure to visit and learn more about Bloom Credit, BlueCheck, and BOND.AI at Discover’s booth!