The Challenge
Losing Revenue. Losing Users.
Did you know that 52% of banking customers would leave their current financial institution for one that offered better money management capabilities? Only 35% of consumers are highly committed to their own institution, that's down from 41% just two years ago. Bank of America and American Express now offer a PFM to their customers.
The Solution
Account Aggregation
MoneyDesktop aggregates over 10,000 financial institutions and we add more every month. Account aggregation gathers basic financial information from all of a user's different financial accounts and organizes it into one place.
Organized financial data makes it easy for our users to quickly understand all of their finances. Plus your online banking platform is transformed into a one-stop financial hub for your users! Get More Info »
Expense Tracking
Most people have a checking account & credit card from one bank, a debit card from a credit union, & a couple other store cards. Having financial information separated in multiple websites makes it difficult to clearly understand all of your finances. With that in mind, MoneyDesktop PFM automatically categorizes & tracks spending from our users various financial accounts. This allows a user to see where all their money is really going. Get More Info »
Budget Creation
MoneyDesktop PFM helps our users create budgets that reflect the way our users actually spend their money, not just the way they wish they did. A budget created with MoneyDesktop is based off a users actual spending history, income, debts & expenses. Get More Info »
Debt Managment
At some point in our lives, most of us have borrowed beyond our means. If you're in over your head, know that there is a way out, but make no mistake: You must learn to live on what you earn.
Getting out of debt takes discipline, and that is why MoneyDesktop has been designed to give users step-by-step instructions on how to get their debt under control. Watch a short video →
Financial Reporting
We create clear and relevant visual reports derived from a user's real finances. Harnessing the immense power of visual communication in order to explain the meaning of data relationships.
Following the age old adage of "A picture is worth a thousand words." we make it easy for end users to quickly understand their finances. Get More Info »
Guided Usage
The “GuideMe” App is like a financial GPS or personal financial coach. Here you can sit back and relax while our Financial Positioning System (FPS) pinpoints your financial location. GuideMe then takes over and walks you step by step through the easiest path to financial Zen.
Breeze through the complicated financial landscape with always up-to-date guidance and arrive at your goals easier and sooner! Get More Info »
"...my exciting news!"
We were able to apply more money to our debt payoff and it shows we'll now be out of debt in the middle of 2013! Just had to share my exciting news! We started at $103,000 in debt and are now down to $79,000 in debt! Without the accelerated payoff we would have been out of debt in 2026. Now our payoff date is in only a couple years...AMAZING.
Jen, MoneyDesktop PFM User
Deliver what is relevant.
MoneyDesktop enables financial institutions to increase good loan volume, attract new and younger users, and stay ahead of the curve. With MoneyDesktop as your PFM partner, you can now (1) compete with and (2) protect your online banking users from signing up with competitor bank / third party PFM’s like Mint.com.
- Raise user's financial IQ
- Reduce delinquent loans
- Improve loan qualification rates
- Increase accounts per person
- Accelerate referral based growth
