ClickSWITCH Solves Account Switching Challenges for Consumers, Facilitating Deposit Growth for Financial Institutions
MINNEAPOLIS--(BUSINESS WIRE)--Oct 25, 2019--
ClickSWITCH, a team of seasoned financial services technologists, is simplifying and automating the switching of direct deposits and recurring payments for financial institutions’ new and existing account holders. The company will attend Money2020 in Las Vegas on October 27 – 30, to demonstrate these capabilities as well as provide a sneak peek of their new product release slated for general availability later this fall.
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ClickSWITCH provides a white-label banking solution to financial institutions, allowing customers to switch direct deposits and recurring payments in just a few minutes. The solution also enables financial institutions and fintechs the ability to fund new accounts and increase the profitability of new account holders.
Cale Johnston, ClickSWITCH Founder, and Chief Executive Officer noted, “We are solving a pivotal friction point for the financial services industry by making it simple and easy for consumers to convert their banking relationships.” Johnston continued, “The enhancements being rolled out in our new version offer a clean way for financial institutions to solve the needs of their customers while simultaneously growing deposits.”
On the heels of its recent $13 million Series B financing, ClickSWITCH continues to build out its leadership and management teams with the onboarding of industry veteran and company CRO, Eric Edwards. Vice President of Account Management Jim Vasquezi also joined the company recently and will oversee the relationships with ClickSWITCH’s more than 400 institutions. ClickSWITCH is also actively expanding its sales organization to capitalize on strong market demand.
Johnston also noted, “We have moved quickly through the initial ‘start-up’ phase of our business based on the success and growth our clients are experiencing with our technology. This has allowed us to build the business and further develop our product portfolio. Now in rapid growth mode, this is a very exciting time for our company, our employees and the customers we serve.”
To learn more about ClickSWITCH, visit booth 2727 at Money2020 Las Vegas, October 27 - 30, 2019.
ClickSWITCH is an automated account switching solution for financial institutions and fintechs that simplifies the process of bringing new account holders onboard by quickly, safely and efficiently switching direct deposits and automatic payments from old accounts to new ones. The company enables clients to drive deposit growth, increase primary account holders and expand cross-selling opportunities. ClickSWITCH is a technology leader delivering world-class solutions to financial institutions of all sizes. For more information, visit www.ClickSWITCH.com.
View source version on businesswire.com:https://www.businesswire.com/news/home/20191025005187/en/
CONTACT: Kara Fritze
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KEYWORD: MINNESOTA UNITED STATES NORTH AMERICA
INDUSTRY KEYWORD: PROFESSIONAL SERVICES DATA MANAGEMENT TECHNOLOGY FINANCE SOFTWARE BANKING
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PUB: 10/25/2019 07:00 AM/DISC: 10/25/2019 07:01 AM