BM Technologies (BMTX) Wins Tech & Learning Award of Excellence for Back-to-School 2024
BM Technologies (BMTX) has won the Tech & Learning Award of Excellence: Back-to-School 2024 in the higher education category for its BankMobile Disbursements and BankMobile Vibe products. The company's BankMobile Disbursements serves over 700 colleges and universities, managing financial aid credit balances for one-third of U.S. students. The BankMobile Vibe Checking Account offers digital-only, FDIC-insured banking with features like cash back offers and early pay access.
Recent technological advancements include the launch of cash back Offers across 50,000+ locations and the introduction of BMTX Identity Verification™ (IDV), a SaaS solution using AI and machine learning to enhance enrollment security and fraud detection for higher education institutions.
BM Technologies (BMTX) ha vinto il Tech & Learning Award of Excellence: Back-to-School 2024 nella categoria dell'istruzione superiore per i suoi prodotti BankMobile Disbursements e BankMobile Vibe. I servizi di BankMobile Disbursements raggiungono oltre 700 college e università, gestendo i saldi di aiuto finanziario per un terzo degli studenti americani. Il Conto Corrente BankMobile Vibe offre servizi bancari esclusivamente digitali, assicurati dalla FDIC, con vantaggi come offerte di cash back e accesso anticipato ai pagamenti.
I recenti progressi tecnologici includono il lancio di offerte di cash back in oltre 50.000 località e l'introduzione di BMTX Identity Verification™ (IDV), una soluzione SaaS che utilizza AI e machine learning per migliorare la sicurezza delle iscrizioni e il rilevamento delle frodi per le istituzioni dell'istruzione superiore.
BM Technologies (BMTX) ha ganado el Tech & Learning Award of Excellence: Back-to-School 2024 en la categoría de educación superior por sus productos BankMobile Disbursements y BankMobile Vibe. Los servicios de BankMobile Disbursements atienden a más de 700 colegios y universidades, gestionando los saldos de ayuda financiera para un tercio de los estudiantes de EE. UU. La Cuenta de Cheques BankMobile Vibe ofrece servicios bancarios exclusivamente digitales, asegurados por la FDIC, con características como ofertas de efectivo y acceso anticipado a los pagos.
Los recientes avances tecnológicos incluyen el lanzamiento de ofertas de efectivo en más de 50,000 ubicaciones y la introducción de BMTX Identity Verification™ (IDV), una solución SaaS que utiliza IA y aprendizaje automático para mejorar la seguridad de la matrícula y la detección de fraudes en las instituciones de educación superior.
BM Technologies (BMTX)는 2024년 신학기 기술 및 학습 우수상에서 고등 교육 부문을 수상했습니다. 이 상은 BankMobile Disbursements와 BankMobile Vibe 제품에 수여되었습니다. BankMobile Disbursements는 700개 이상의 대학 및 대학교에 서비스하며, 미국 학생의 3분의 1에 해당하는 재정 지원 잔액을 관리하고 있습니다. BankMobile Vibe 체크 계좌는 디지털 전용 FDIC 보험이 적용된 은행 서비스를 제공하며, 캐시백 혜택과 조기 지급 접근과 같은 기능을 제공합니다.
최근 기술 발전에는 50,000개 이상의 장소에서 캐시백 제공이 시작된 것과 BMTX Identity Verification™ (IDV)의 도입이 포함됩니다. 이는 고등 교육 기관의 등록 보안 및 사기 탐지를 향상시키기 위해 AI와 머신러닝을 사용하는 SaaS 솔루션입니다.
BM Technologies (BMTX) a remporté le Tech & Learning Award of Excellence : Back-to-School 2024 dans la catégorie de l'enseignement supérieur pour ses produits BankMobile Disbursements et BankMobile Vibe. Les services de BankMobile Disbursements s'adressent à plus de 700 collèges et universités, gérant les soldes d'aide financière pour un tiers des étudiants américains. Le compte courant BankMobile Vibe offre des services bancaires exclusivement numériques, assurés par la FDIC, avec des fonctionnalités telles que des offres de cashback et un accès anticipé aux paiements.
Les avancées technologiques récentes comprennent le lancement d'offres de cashback dans plus de 50 000 lieux et l'introduction de BMTX Identity Verification™ (IDV), une solution SaaS utilisant l'IA et l'apprentissage automatique pour améliorer la sécurité des inscriptions et la détection des fraudes pour les institutions d'enseignement supérieur.
BM Technologies (BMTX) hat den Tech & Learning Award of Excellence: Back-to-School 2024 in der Kategorie Hochschulbildung für seine Produkte BankMobile Disbursements und BankMobile Vibe gewonnen. Die BankMobile Disbursements-Dienste bedienen über 700 Colleges und Universitäten und verwalten die finanziellen Hilfebilanz für ein Drittel der Studierenden in den USA. Das BankMobile Vibe Girokonto bietet digital-only, von der FDIC versicherte Bankdienstleistungen mit Funktionen wie Cashback-Angeboten und vorzeitigem Zahlungszugang.
Zu den aktuellen technologischen Fortschritten gehört die Einführung von Cashback-Angeboten an über 50.000 Standorten und die Einführung von BMTX Identity Verification™ (IDV), einer SaaS-Lösung, die KI und maschinelles Lernen nutzt, um die Anmeldesicherheit und Betrugsbekämpfung für Hochschulen zu verbessern.
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Honored for Delivering Cutting-Edge Solutions-BankMobile Disbursements and BankMobile Vibe-That Address Key Challenges in Higher Education for Schools and Students
RADNOR, PA / ACCESSWIRE / November 6, 2024 / BM Technologies, Inc. (NYSE American:BMTX) proudly announces its Tech & Learning Award of Excellence: Back-to-School 2024 win in the higher education category for its innovative products, BankMobile Disbursements and BankMobile Vibe.
The Tech & Learning Awards celebrate products designed to address critical needs in the education sector, offering schools versatile, valuable solutions to specific challenges and significantly enhance teaching and learning outcomes.
BMTX has been providing white-labeled banking services in higher education for nearly 25 years. It offers industry-leading refund management services through BankMobile Disbursements, a technology solution that helps over 700 colleges and universities across the U.S. deliver financial aid credit balances to students securely, efficiently, and in compliance with federal regulations. One out of three students in the U.S. receive refunds through BankMobile Disbursements. The mission of BankMobile Disbursements is to help foster the success of higher education institutions and the students they serve.
BankMobile Disbursements introduces students to BMTX and offers a choice to open a competitively positioned BankMobile Vibe Checking Account. The BankMobile Vibe Checking Account is a digital-only, FDIC-insured, interest-bearing account with protection by the Department of Education. After signing up and getting a financial aid refund the same business day,[1] BankMobile Vibe customers can continue using their account for life. Vibe offers an optional savings account, cash back Offers, and the ability to get paid up to two days early.
"We are thrilled to receive the Tech & Learning Award of Excellence," said Jamie Donahue, President, and CTO of BM Technologies (BMTX). "This recognition reinforces our dedication to providing scalable, innovative solutions that meet the unique needs of colleges, universities, and students across the country."
As a leader in EdTech and a pioneer in technology for higher education, BMTX continues to set new standards in secure, efficient, and effective solutions that enhance the educational experience. The company's recognized achievements reflect continuous innovation and significant platform infrastructure transformation. This investment in technology modernization enables BMTX to roll out additional product and service enhancements, increase engagement with colleges and universities, and further advance its customer-for-life strategy.
This transformation enabled BMTX to:
Launch cash back Offers for its BankMobile Vibe Checking Account. This innovative rewards engine aims to financially empower customers while driving loyalty among customers, giving them the opportunity to earn cash back[2] on debit card purchases. There is a merchant network spanning over 50,000 locations around the U.S., including national, local, and online brands.
Introduce BMTX Identity Verification™ (IDV), a groundbreaking solution addressing higher education institutions' challenges in maintaining secure and efficient enrollment processes and protecting students from fraud. This innovative Software-as-a-Service (SaaS) product leverages robust AI and machine learning tools, empowering universities to maintain their risk level preferences with data-driven insights and significantly enhance their fraud detection capabilities, all while improving customer service and employee productivity.
The awards' editorial team shared, "The 2024 awards brought a huge number of high-quality entries. A varied panel of industry experts judged the winning products and solutions to be of the highest standard in supporting effective teaching and learning practices. Every winner should be immensely proud of their accomplishments-congratulations from the entire Tech & Learning Awards team."
About BM Technologies, Inc.
BM Technologies, Inc. (NYSE American:BMTX) is one of the largest digital banking platforms in the country, offering access to checking and savings accounts, with a focus on financial wellness. BMTX is committed to providing affordable, transparent, and consumer-friendly banking solutions. More information can be found at www.bmtx.com.
[1] If you open a digital BankMobile Vibe Checking Account (upon identity verification), money is deposited the same business day we receive funds from your school.
[2] Per the Cash Back Terms and Conditions.
Contact Information:
Brigit Hennaman
Rubenstein Public Relations, Inc.
bhennaman@rubensteinpr.com
SOURCE: BM Technologies
View the original press release on accesswire.com
FAQ
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