FamZoo To Unveil New Family Banking Solution Based on the TransCard Prepaid Platform at FinovateSpring 2013

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FamZoo partners with TransCard to launch a co-brandable "family pack" of prepaid cards integrated with online family finance management tools that help parents teach kids good money habits.

FamZoo solves the 'kids and money' problem for parents: prepaid cards that work together to build responsible financial habits.

FamZoo has been selected to present its innovative new family banking solution during the opening day of FinovateSpring 2013 on May 14 at the San Francisco Design Center. Developed in partnership with TransCard, the solution features a “family pack” of affordable, widely accepted prepaid cards. The cards integrate with FamZoo’s award winning online family finance management (FFM) tools to help parents teach kids good money habits. Join us on Day 1 during the 3pm PST demo session at FinovateSpring 2013 to see how FamZoo and TransCard solve the "kids and money" problem for parents.

This will be FamZoo’s second appearance at Finovate, a two-day showcase of the best innovations in financial and banking technology. In 2011, FamZoo was voted Best of Show at FinovateFall for the debut of its Partner Edition product which brings co-branded family finance management solutions to banks and credit unions.

FamZoo’s new prepaid card solution will be available directly to families on FamZoo.com or through partner financial institutions offering TransCard’s co-branded Unlimited Family Banking solution. Financial institutions interested in adding Unlimited Family Banking to their suite of products can learn more by visiting http://www.premierpaymentcards.com/unlimited-family-banking.html.

About FinovateSpring

FinovateSpring is a demo-based conference for innovative startups and established companies in the fields of banking and financial technology. Held in San Francisco, the event offers an insight-packed glimpse of the future of money via a fast-paced, intimate and unique format. FinovateSpring is organized by The Finovate Group. For more information on the event or to view videos of previous demos, please visit http://www.finovate.com/spring2013.

About FamZoo

FamZoo’s award winning online software helps parents teach kids good personal finance habits through real-world, hands-on practice. Parents set up a private, fully customizable “Virtual Family Bank” to manage their children’s earnings, spending, saving, and charitable giving using IOU accounts or optional prepaid card accounts. FamZoo Partner Edition is a co-branded version of FamZoo with a built-in targeted advertising platform that allows financial institutions to deliver superior youth financial education while promoting their brand, expanding their family product offerings, cross-selling related products, and establishing a long-term relationship with their next generation customers. For more information about FamZoo, please visit http://www.famzoo.com.

About TransCard

Chattanooga-based TransCard is the leading provider of prepaid products to financial institutions of all sizes. The company’s platform enables financial institutions of all sizes to grow deposits and fee income, deepen their treasury relationships, expand product offerings to the underserved and turn unprofitable customers from cost items to contribution items. Financial Institutions interested in offering prepaid programs should visit us on our website at http://corp.transcard.com/ and follow us on Twitter https://twitter.com/TransCardLLC.

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Bill Dwight

Barbara Bair
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