Finprove wants to generate new earnings for banks – with a consulting service for electricity, gas, water, mobile phones
Frechen (2017-03-22) – Retail banks know their customers – mainly via the movements on their checking accounts. Regular expenses are especially interesting. Finprove sets out to analyze this knowledge for the banks and to show their customers individual savings potential regarding their regular expenses, e.g. by switching to a lower-priced electricity, gas or mobile phone provider. Important: the bank does not have a conflict of loyalties.
Finprove offers banks new earnings potential in online banking
Frechen (2017-03-02) – Data and trust of customers are the most valuable assets of a bank. Especially retail banks have an extensive knowledge of the regular expenses of their customers due to the movements on their checking accounts. However, this knowledge isn’t often used. Why not show each customer the individual savings potential regarding recurring expenses? By directly switching to a lower-priced supplier of electricity, gas, mobile phone etc., customers and banks both profit equally.
2017-02-02 – Finprove could not have been launched more successfully: we presented our business model for the first time to a large audience at “Handelsblatt Annual Conference Retail Banking” on February 17, 2017, and won the FinTech Pitch with 57% of audience votes!