Allied Payment Network Announces Partnership with Movencorp
The companies will collaborate together to harness the technology of bill pay and its actionable data analytics to make it easy for customers to handle their budgets and provide financial firms with strategic advantages and sales opportunities.
FREMONT, CA: Allied Payment Network (Allied), an industry-leading provider to financial institutions with new bill pay technologies, announced it would join the integrated Movencorp (Moven) ecosystem of banks, credit unions, and fintech companies to help financial institutions leverage on the 3.9 trillion dollar bill pay market. Moven is a leading technology supplier of smart banking applications intended to improve the financial well-being of customers. The companies will collaborate together to harness the technology of bill pay and its actionable data analytics to make it easy for customers to handle their budgets and provide financial firms with strategic advantages and sales opportunities.
“Bringing together complementary competencies is the key to the future of the financial services industry,” said Bryan Clagett, Chief Revenue Officer, Moven. “We strive to identify financial institutions and fintechs that desire to reduce the friction of day-to-day banking, and Allieds bill pay technology is a natural fit. Moven also recently announced relationships with Q2, NYDIG, and Blip.”
To offer real-time insights into their clients, partners have focused on Movens' patented data-driven Financial Wellness platform, resulting in decreased turnover, improved loyalty, and sales growth potential. Moven is ideally equipped to endorse personalized models exclusive to the needs of particular financial institutions by delivering three exclusive delivery solutions. Allied pioneered the first mobile photo bill pay request for smartphones with its award-winning solution, PicturePay. It adds the same degree of creativity, from Internet bill pay, small business payments, account-to-account, person-to-person, and online loan payments, to its complete suite of online and mobile bill pay products.
According to Allied’s Chief Revenue Officer Jeffrey Harper, “Many financial institutions consider bill pay to be the ugly stepchild of banking under-appreciated and neglected. But it is essential that financial institutions modernize in order to stay competitive, especially in today’s highly-competitive, hyper-digital world.”