Strands Finance Seeks to Stand Out in a Crowded Financial Management Space
April 3rd, 2012
John Adams of Bank Technology News (BTN) writes how Strands Finance plans to distance themselves from the PFM standard of a one-size-fits-all approach to online budgeting.
PFM tools, which allow users to track their cash flow visually through charts and calendars rather than just a plain ledger, were developed as a way to improve the appeal of account aggregation, which simply gathered transactions from multiple accounts on one screen. In recent years the PFM space has gotten very crowded, leading some players to hunt for underserved audiences.
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Strands Finance launches a PFM native Android Application
February 29th, 2012
Today Strands Finance launches its Personal Finance Management (PFM) solution as a native Android application. This addition expands our suite of products geared towards large financial institutions to include consumer -targeted functionality to track and monitor finances while on the go.
Like the Strands PFM native iPhone application, Android users will be able to:
• View a summary of accounts
• Visually see a financial analysis of expenditures
• Set budgets
• Manually input transactions
• Receive notifications of account activity
With a slick, easy to use interface, consumers are able to navigate through the Android App and stay on top of their finances.
We are continuing to develop the best solutions and technology for our clients to help meet their customer’s demands for PFM tools. The Strands PFM applications empower consumers to recognize their spending behaviors and allow them to take control of their finances…without having to register for a third-party PFM product.
Request a demo of our Android application and a Business Development representative will contact you.
Strands Finance Is Selected For The Red Herring Global 100 Award
December 21st, 2011
Strands Finance was named a winner of the Red Herring’s 2011 Top 100 Global Award, a prestigious recognition honoring the year’s most audacious and far reaching private technology companies and entrepreneurs from across the globe.
“We are excited to be selected by Red Herring for this prestigious award,” said Edward Chang, CEO of Strands. “We believe our PFM solutions are making an impact for our clients and their customers. Online banking users are improving their financial lives while banks are increasing their knowledge of and engagement with their customers.”
Red Herring’s Global 100 list has become a mark of distinction for identifying promising companies and entrepreneurs. Red Herring editors were among the first to recognize that companies such as Google, Skype, Baidu, Salesforce.com, YouTube, eBay and many others would change the way we live and work.
Red Herring’s editorial staff evaluated the companies on both quantitative and qualitative criteria, such as financial performance, technology innovation, management quality, strategy, and market penetration. This assessment of potential is complemented by a review of the track record and standing of startups relative to their sector peers, allowing Red Herring to see past the “buzz” and make the list an invaluable instrument of discovery and advocacy for the greatest business opportunities from around the world.
Strands Finance Presents at IJCAI 2011
August 1st, 2011
Strands Finance believes working with the research community is a way to be truly innovative and has done so by collaborating with numerous researchers from academic institutions including IIIA in Spain, OSU in the USA and with EPFL in Switzerland. This connection to the research community enables Strands Finance to provide its clients with cutting-edge technology. This past July, Marc Torrens, CIO of Strands Labs, presented research findings on recommendation technology at the International Joint Conference on Artificial Intelligence (IJCAI).
Many world-class companies including Microsoft, Telefonica, Google, KXEN, IBM and Yahoo! presented and shared their vision and challenges in Artificial Intelligence (AI). Undoubtedly, a revolution in the Internet is occurring where the amount of available data presents a new world of possibilities in the field of AI. A reoccurring theme at the conference was how each company will make use of the new data. Clearly many innovative and disruptive technologies will emerge in different business verticals, including financial services!
For additional information please refer to the conference website.