Method

👏 We applaud the Consumer Financial Protection Bureau for delivering a rule making that codifies the promise of Open Banking. Consumer financial health has been put front and center, with consumers able to access and share their financial data in pursuit of the most competitive products and services. Method appreciates the CFPB's efforts to ensure that all consumers be able to access the benefits of Open Banking and to provide a clear standard for all financial institutions and data aggregators in the industry. #OpenBanking #Fintech #FinancialInclusion #ConsumerRights #CFPB #Section1033

✨ We're now two weeks away from Money20/20! We're excited to see everyone - here's how we can connect: 🤝 Stop by Booth # 2956 for a live demo of our API and we'll make a direct payment to one of your liability accounts! 🪩 We're partnering up with This Week in Fintech for the inaugural event at Tao on Sunday night. RSVP here: https://lu.ma/LV1027 Our team -- Jose Bethancourt, Mit Shah, Brett Twomey, Justin Barth, Jahzel Fristo, and Alex Morris Jones -- will be there. Shoot us a DM to catch up!

Last chance to register for DC FinTech Summit Meetup on October 2nd!! 📍 International Square 🙅🏻♀️ NOT our usual location at MLK Library :) Register 👉🏻 https://lnkd.in/diRZ5aMy 🕔 5:30 doors open for networking 💬 — Demos From: Christian Duffus of Fonbnk, the leading global marketplace enabling users to convert local currency into digital money and vice versa. Manu Smadja of MPOWER Financing, which helps students succeed with student loans that never require a cosigner or collateral – ideal for U.S. or Canadian education abroad. Fonta Gilliam of Wellthi, a Virtual Advisor Technology app tailored for lowering branch costs, driving low-cost deposits, and maximizing billion dollar opportunities with under 45 consumers. Wellthi is all about social finance! Aenoi Chanthavong of Waya Money, a better banking experience that includes a checking account to kickstart finances, helping users get essential financial tips to be more financially free while managing money safely ... minus the hurdles of traditional banks. Mit Shah of Method, which has debt repayment tools for every industry. Method allows developers to engage with their users’ debts with a debt-agnostic solution. — Starting earlier in the day, at 3:00 PM, we've got three different workshops. Featured Workshops: 🛠️ Navigating Fintech Innovation in DC: Opportunities and Resources for Global Growth at 3:00 with Tamara Zeidan, Sara Adams, and Meg Vorland 👉🏻https://lu.ma/ua0r8170 💰 Fintech and AI: Understanding the Future of Finance at 3:45 with Maxwell DeGregorio, hosted in partnership with the District Angels 👉🏻https://lu.ma/lfc8o7x6 🤖 Unlocking Capital: Fintech Investors Pitch at 4:30 with Elizabeth Coston McCluskey, Vikas Raj, and Jackson Lefelar 👉🏻https://lu.ma/zu2h3tu4 — Be part of DC’s skyrocketing global fintech movement! Thank you to our partners at Penn West Equity and Innovation District and District of Columbia Department of Insurance, Securities and Banking (DISB), and our sponsor Tishman Speyer, for coming together to make this event possible.

Walgreens partners with Pruven Capital portfolio company, Bilt Rewards, to bring even more value to Bilt members. With this partnership, Walgreens shoppers using Bilt can seamlessly apply their Flexible Spending Accounts (FSA) or Health Savings Accounts (HSA) to their purchases—no more need for multiple cards or split transactions. This makes it easier than ever to maximize health and wellness benefits while earning rewards on everyday essentials. Bilt continues to redefine the rewards space by offering unique opportunities that go beyond rent payments. With this new partnership, Bilt is expanding its ecosystem to include healthcare, adding to its list of offerings in travel, fitness, dining, and more. At Pruven, we are proud to support Bilt on its incredible journey. We're excited to share more about the next partnership/product announcement that’s just around the corner—the hits keep coming! Congratulations to the teams at Walgreens and Bilt Rewards and a shoutout to our friends BANYAN and Method for powering this partnership 🚀 CC Ankur Jain, Daniel Seder, Alpesh Chokshi

👋 Meet Nathan W., a software engineer in Method’s New York office, and proud aficionado of the New York dining scene. Nathan joined Method because the innovative use of APIs to abstract payments and accounts provided a simple and streamlined way for individuals to not just manage, but also understand, their finances. Come work with Nathan as Method's newest software engineer. https://lnkd.in/gwW2r4NV

We're excited to be recognized in Tearsheet's 2024 Data Awards! 💬 “By empowering providers with up-to-date liability information, Method enables more personalized and competitive financial products and services. Their credential-less account aggregation streamlines processes like debt consolidation, benefiting both financial institutions and consumers.” We continue to drive financial account connectivity for our customers to deliver the most seamless experiences and competitive financial products to their users. ⚡

Heading to Austin for #fintechdevcon?! We're partnering up with This Week in Fintech and Rutter for an exciting, mission-oriented event on Wednesday, Aug. 7th. Request your invite on the link below and tell them Method sent you. Look forward to seeing everyone in ATX! 🍹 ⬇ https://lu.ma/atx808 P.S. all proceeds will be donated to Greater Austin STEM Ecosystem to help in nurturing and scaling effective STEM learning opportunities for young people across Central Texas.

Every year, consumers submit over 70 million loan and credit applications through non-digital channels, equating to roughly $1.64 trillion in originated balances and credit limits. These borrowers should benefit from the streamlined applications and more competitive products enabled by Open Banking. Read to learn how authentication based on PII, not credentials, makes accessible the benefits of Open Banking for all. 

🌟 "Open Banking is a promise, but that promise can only be realized if the approved authentication standard is accessible to all." - Phil Chang, Method General Counsel 🏛️ Last week, Method participated in a Consumer Authentication Panel on Capitol Hill alongside Consumer Reports' Delicia Reynolds Hand, Independent Bankers Association of Texas' Bill Briggs, and Allon Advocacy, LLC's Steve Boms. Participants emphasized that the 35M American households who lack digital banking credentials, as well the 70M+ Americans who apply for loans or credit in person each year, require an inclusive authentication standard to benefit from Open Banking. Read here how PII-based authentication can support in-person applicants. 👇 https://lnkd.in/ePbNKAK9

Method x Happy Money = A Happier Way of Lending 😊 Integrating Method's APIs into Happy Money’s platform makes debt consolidation even easier, with real-time identification of members’ outstanding credit cards, live balance retrieval, and seamless balance transfer. Learn how Happy Money uses Method to increase same-day payment coverage from ~50% to ~96% on its Direct Card Payoff offering, enabling members to consolidate $7M in credit card debt in 4 months. 👇 https://lnkd.in/ezxrFDP6