U.S. banking giant Citi has announced that the recipient of Citi Mobile Challenge Asia Pacific «Best Money Manager Solution» award. Mtel, has taken its winning concept to market with the launch of the CreditCheck app in Hong Kong.
In 2015, Citi invited fintech developers with innovative ideas to compete in the Citi Mobile Challenge, the next-generation accelerator program that attracted overwhelming participation from thousands of developers from over 100 countries.
«Citi Mobile Challenge was an extraordinary program through which we identified new digital solutions that can be integrated into our business and products to enhance the banking experience of our clients,» said Choong Yu Lum, Head of Cards and Unsecured Lending, Citibank Global Consumer Banking.
Keeping Track of Financial Health
Available free on both the iOS and Android platforms, the CreditCheck app (pictured) offers users the ability to check their credit scores, obtain consolidated summaries of credit accounts across different financial institutions, and explore possible debt consolidation options. The app also features a debt repayment calculator and a payment calendar with a reminder function.
«The immense support that we received from Citi has enabled us to turn our idea into reality, Citi has a strong track record in using technology innovation to enhance how it serves clients.
We hope that the new CreditCheck app will bring about positive changes to the way people manage their finances,» said Jeff Chau, Chief Technology Officer at Mtel.
