The receipt company will unveil a comprehensive receipt capture solution as its latest product offering for financial institutions.
Durham, NC, April 22, 2015 –(PR.com)– Receipt digitizing and expense management company Shoeboxed announced today that it has been selected to present its new receipt-driven data solution for banks at FinovateSpring, the world’s leading demo-based fintech conference that will take place May 12 to 13 in San Jose.
“We are excited to have Shoeboxed, one of the pioneers of email and mobile receipt capture, presenting their latest data innovations at Finovate. Capturing data from email and mobile is an innovation area that we think holds significant possibilities for banking technology in the next several years,” said Eric Mattson, CEO of Finovate.
Shoeboxed’s on-stage presentation will demonstrate receipt capture and data extraction solutions as the “next big thing” for financial institutions, showcasing how consumers and banks alike can benefit from having data-rich archives of products and purchases. By using secure automated receipt capture technology, banks can acquire a wealth of once-unattainable knowledge, allowing them to offer consumers smarter categorization and budgeting, and increased fraud protection. Integrated receipt data also grants consumers the ability to see every detail of their purchase, including warranty and product return data, all in a single platform.
“We have seen a tremendous success with the banks we have partnered with over the last one and a half years, and we are excited about expanding our footprint in the financial community,” said Tobi Walter, COO and Co-Founder of Shoeboxed. “Receipt capture is on the verge of becoming a standard banking feature, and our goal is to prove the immense value of receipt data.”
FinovateSpring is a two-day demo showcase of the latest financial and banking technology innovations from both established companies and startups—occurring in the hotbed for financial technology and innovative entrepreneurs.
Since 2007, Shoeboxed has been the preferred receipt and expense tracking solution for over one million users worldwide. The pioneers of cloud based receipt scanning, Shoeboxed saves people time, money and hassle by turning receipts into an organized, categorized, IRS-accepted archive of secure data. Shoeboxed is based in Durham, North Carolina, and has a growing office in Sydney, Australia.
For more information, contact Claudia Amand at firstname.lastname@example.org or 919-457-7611.
FinovateSpring is a demo-based conference for innovative startups and established companies in the fields of banking and financial technology. Held in San Jose, the event offers an insight-packed glimpse into the future of money via a fast-paced, intimate, and unique format. FinovateSpring is organized by The Finovate Group. For more information on the event or to view videos of previous demos, please visit finovate.com.