Dwolla Named Best in Show, Introduces FiSync Dashboard Feature for FIs

(Des Moines, Iowa – May 12, 2011) – Dwolla, the online, location-based, social, and mobile payment platform supported by The Members Group (TMG), was named one of seven ‘Best in Show’ technologies by attendees of FinovateSpring 2011 this week.

Each of the 64 companies selected to appear at FinovateSpring was given seven minutes to demo a product or service in front of financial executives, venture capitalists, press, industry analysts, bloggers and “fintech” entrepreneurs.

In addition to showing off the platform’s FiSync technology, which allows credit unions and community banks to integrate the payment platform and its technologies into their existing systems, Dwolla founder Ben Milne rolled out FiSync Dashboard.

Offering financial institutions (FIs) a real-time snapshot of their Dwolla users’ consumer behavior, the interactive FiSync Dashboard uses an easy-to-understand and visually appealing format to display information. FI staff can learn more about their Dwolla users by accessing data like average age, gender and type of mobile device used. They can learn where and how their Dwolla users are spending money with interactive maps and average transaction information. Personal identity information is not included in the FiSync Dashboard.

TMG and Dwolla believe this information will be valuable to FIs as they develop their mobile strategies. “Knowing customers’ preferred...

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