"In the excitement of developing the latest technologies, we sometimes forget that for the 100 million underbanked people in the U.S., innovation isn't a luxury, it's a necessity"
New York, NY (PRWEB) September 8, 2010
Plastyc, Inc. CEO Patrice Peyret will take the stage at FinovateFall 2010 to demonstrate advancements in mobile banking for people without easy access to traditional banking accounts.
In a his demo, scheduled for October 5, Mr. Peyret will show new capabilities from Plastyc recently featured in TheStreet.com and American Banker as well as new features that have not yet been shown. They include the following banking capabilities from any browser-enabled cell phone:
1. Writing checks
2. Adding minutes to one's own or a family-member's cell phone
3. Locating the nearest GreenDot MoneyPak retailer to add cash to prepaid account
4. Sending money to friends
Plastyc provides the power of a bank account in a cell phone, even for people without a bank account. Any customer using a cell phone with a built-in browser (most cell phones today) may sign up for a Plastyc iBankUP or UPside Visa prepaid account to manage their money online. Customers also can sign up and manage from any Internet-connected computer with no hidden fees, regardless of their credit history.
At FinovateFall 2010 in New York, Mr. Peyret will join executives from a total of 56 companies selected to showcase the latest and greatest in financial and banking technology innovations.
"In the excitement of developing the latest technologies, we sometimes forget that for the 100 million underbanked people in the U.S., innovation isn't a luxury, it's a necessity," said Patrice Peyret. "Finovate is the perfect forum for sharing ideas to meet the needs of the unbanked with fair, affordable new services."
"In the competition to demonstrate at Finovate, Plastyc stood out for its rapid pace of financial technology innovation targeted for the underbanked. We're excited to showcase Plastyc as one of the handpicked group of companies creating the future," said Eric Mattson, CEO
FinovateFall is a demo-based conference for innovative startups and established companies in the fields of banking and financial technology. Held in the financial capital of the world, New York City, the event offers an insight-packed glimpse of the future of money via a fast-paced, intimate and unique format. Due to popular demand, this year’s fall event has been expanded to two days to showcase even more fintech innovations. FinovateFall is organized by Online Financial Innovations. For more information on the event, or to view previous demos, please visit finovate.com/fall2010.
About Plastyc, Inc.
Plastyc’s iBankUP online banking service and UPside Visa prepaid card services are the new game in town for people who love innovation and hate wasting money on checking account, credit card and check cashing fees. Thousands of new customers each week save millions of dollars in fees by using Plastyc’s FDIC-backed banking services. Plastyc's principals are veterans of the consumer and payment industries, with decades of experience at companies such as GemAlto, Oberthur, Unilever, Thomson/RCA, Sun Microsystems and Mobile365. Plastyc Inc. privately held with headquarters in New York City. For more information, please visit http://www.plastyc.com.
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