A List Of Fintech Firms Providing Free Technology During The Coronavirus Crisis
To help banks help their customers through these trying times, many fintech providers are extending free, discounted, or accelerated deployment offers to financial institutions.
April 9 update: This list has been changed from a chronological listing to a category-based listing with the following categories: 1) Accounting; 2) Chatbots/Virtual Assistants; 3) Collaboration; 4) Communications; 5) Cybersecurity; 6) Data analytics/management; 7) Digital banking; 8) Document management; 9) Earned wage access; 10) Fundraising; 11) Human resources; 12) Identity management; 13) Insurance; 14) Lending; 15) Marketing; 16) Risk management; and 17) Wealth management.
Real-time cash management using programmable multi-currency multi-bank programmable cash pools connected to banks and ERPs via APIs. On-prem and cloud hosted for anytime, anywhere access and control of liquidity. We are discounting the setup fees for enterprise customers.
Helping small businesses “Get paid at a distance”autobooks.co. We are working with one OLB vendor to pre-enable instances of our app to be able to launch our app in weeks vs months. Also see our teams response to offer 24/7 SMB onboarding. We have some really great stories rolling in from SMBs that our using our invoicing and payment form services as well if you’re interested.
Libeo is providing free access to SMBs to help them with Account Payables, managing, financing and paying their invoices invoices.
Offers 60 day free trial, cloud based, integrated accounts payable automation.
Xelix AI to scan payables data in real-time, surfacing invoice threats and errors (duplicate invoices, supplier fraud, internal fraud, incorrect VAT, etc) prior to payment. We would like to offer full access to our software, free of charge – no strings attached. Simple set up, you can be live and protected within 2 days.
Active.ai has a pre-built virtual assistant that can be quickly customized with answers specific to the institution. The platform includes rapid deployment via our datasets and a 30 day trial. We are offering an extra 30 days for customers that sign up at this time.
We are offering our conversational AI platform for free (no implementation or no ongoing charges) during this time.
Cleareye.ai offers a virtual assistant for helping Small Businesses for all their banking needs. Cleareye.ai is taking steps to help the vital part of our economy, vis-à-vis, small businesses, by enabling them to continue banking without putting themselves at severe personal health risk. Cleareye.ai is making this offer available for any bank to use until this epidemic is contained.
Kasisto will be releasing a version of KAI banking virtual assistant that includes COVID-19 skill that is trained to handle consumers’ requests related to the virus.
Posh is a conversational AI company that helps financial institutions automate contact center workflows through 1) Context-aware chatbots that automate website FAQ’s and online/mobile banking activities and 2) Conversational Interactive Voice Response (IVR) that replaces traditional, clunky dial pads with voice-driven phone calls. We are offering 2 free months of their service.
We’re accelerating deployments of our technology to ease the burden on call centres claims/incident reporting.
Spixii provides intelligent chatbots for critical customer-facing processes. We are offering premium support for free for the next 3 months. Remote set-up under 2 weeks possible.
Yellow Messenger is a conversational artificial intelligence channel for customer engagement. We are offering a free web or WhatsApp virtual agent.
Moxtra was created by the founders of WebEx to help business digitally interact with their clients. Several banks are using our one-stop client interaction hub today. We are providing a three month free trial.
The Rialto AI-C tool optimises alignment of teams to secure future growth,digital transformation and other critical business outcomes. First project will be provided at 50% discount. Staff can fit interactions with AI-C easily into existing schedules . AI-C is more efficient than analogue meetings or surveys.
Symphony is a secure and compliant collaboration platform designed for Wall Street. To help existing customers transition to remote work and manage business continuity, Symphony is offering existing customers the ability to add users for the next three months at no additional charge.
Theta Lake is currently offering a free, SEC 17a-4 archiving module, specifically designed for collaboration content. We want to help firms remain safe and comply with regulations surrounding capture and record-keeping of business communications as they increasingly deploy their UCaaS platform to remote workers, such as RingCentral, Cisco Webex, Microsoft Teams, Zoom, LogMeIn, and more
Avhan Tech offers Jodo, a cloud digital communications platform for handling all customer communications directly from website or mobile apps and phones by distributed, multi-device employees (internal and outsourced teams) through any browser enabled ‘connected’ device, We are offering discounted pricing on our basic digital and phone /1800 communication and integration solution alongwith accelerated deployment.
We help FIs in contact center operations by offering our product free of charge during this crisis. Revuze https://www.revuze.it/ Revuze is a customer experience insights platform that is driven only by AI. We are offering a free NPS report that puts the spotlight on ANY brand’s Net Promoter Score against the competitive landscape and monitors it over a period of time.
We’re an email intelligence solution for Capital Markets (work with over 100 brokerages in 20 countries, including RBC, Wells Fargo, Jefferies, Nomura, etc.). We’re providing free licenses while people are all working from home.
TCN is a provider of cloud contact center technology for enterprises, contact centers, BPOs and collection agencies worldwide. During this time, we are offering free immediate setup, free IVR setup and voice recordings, free outbound notifications for your employees (email, SMS, voice), instant set up work from home agents, and no contracts – you do not have to be a client to use the services.
True IP Solutions
True IP Solutions is a Hosted Unified Communication Software as a Service platform for organization. During the COVID19 epidemic we are waiving all implementation fees to assist customers with leveraging our platform as part of the business continuity plans during these trying times.
Adlumin’s SIEM discovers threats, malfunctions, and IT operations failures in real-time, and in seconds, allows customers to comply with one-touch reporting and automation tools Beginning today, Adlumin will offer existing customers the opportunity to activate its 24/7 SOC Service, OVERWATCH, for free for three weeks. Customers that are interested in activating the service must contact Adlumin by Mar. 27 to set up a deployment date.
We are offering a secure messaging platform called Arnexa Binbox that kills phishing. Our platform is available as a simple SaaS API that can be embedded into client apps or they can use ours.
CoNetrix Security is offering a free Internet Exposure & Vulnerability Assessment (IEVA) now through May 31, 2020 to valid U.S. banks and credit unions. The IEVA report includes independent documentation of the institution’s Internet perimeter (active IP addresses and exposed ports/services) and a listing of high severity vulnerabilities that would need immediate attention.
Cybersec Innovation Partners
Cybersec Innovation Partners provides a digital certificate discovery and management platform. CIP is offering a free internal scan delivered remotely to discover all types of certificates and keys as poor PKI practices often lead to significant service outages. CIP will work with you to ensure you are in control and avoid unnecessary business impacts from avoidable service outages resulting from expired or soon to expire certificates.
Finosec helps financial institutions simplify cybersecurity management. We are providing for free: remote worker policy, acceptable use form, and working from home cybersecurity training videos. In addition, we have a COVID -19 Response Kit that we are offering at our cost for the next 90 days.
Fraud.net is offering its Email Authentication tool for free for three months to community banks and their commercial banking customers. The Email Authentication add-in, available via download, automatically risk assesses email wire transfer requests and inbound invoice requests.
Metallic is a Commvault venture providing SaaS backup and recovery. Metallic is offering free Endpoint Backup and Recovery with unlimited Microsoft Azure backup storage for up to 1,000 endpoint devices, in the U.S. and Canada through September 1, 2020.
We will provide free copies of our OnSystem Defender software (protects your infrastructure by stopping all dynamic memory attacks) to all corporate clients who request it. You will be able to use our software completely free of all charges for 3 months or until the virus induced emergency subsides.
Tandem is a cybersecurity and compliance web application designed to help financial institutions improve their information security. We are offering our software at a 20% discount on new subscriptions, and we have published a series of free educational resources including a Pandemic Plan Review Checklist available at https://tandem.app/blog/pandemic-checklist/.
We are a multinational cybersecurity company specialized in fraud prevention and identity protection. In order to help organizations be productive during quarantine, the company offers their technology for free for both governments and NGOs, and introduced an “Install Now, Pay Later” offer for private companies.
Wultra helps banks secure digital banking channels, our range of security-related software technologies covers the whole digital banking application stack. Wultra offers 6 months free version of Mobile Security Suite for companies that are dealing with the authentication process in their mobile banking and fintech projects.
7 Chord is a maker of BondDroid, a proprietary AI engine that generates highly accurate real-time streaming prices for 22,000+ corporate bonds. To provide market participants with price discovery in this unprecedented market, we are offering BondDroid for free for the next 3 months.
We will provide Alpharank Diagnostics at no charge to any financial institution under $3 billion in assets. Alpharank Diagnostics will pinpoint one or two fixes that you can make now to double the flow of remote account opening.
Botdoc allows banks to securely transport consumer data with end-to-end encryption with no pins, passwords, logins or apps to download. To help companies during COVID-19, we’re allowing up to 15 users to use Botdoc for free for 60 days.
We offer data cleanup, augmentation, and visualization. We offer pro bono up to 20 hours/wk and discounted services (-25%).
Datanomers helps banks automate processes. We would be happy to accelerate deployment of our “Customer Insight Manager” solution to banks and waive the first 2 months of subscription charges.
DeepTarget helps financial institutions to plan and design data-powered campaigns. Our free offering is the DeepTarget: Critical Community Outreach Quick Start Package, which will enable banks and credit unions to rapidly communicate critical banking and community awareness information using pre-designed campaigns through digital banking channels. .
Duco, the global provider of self-service data integrity and reconciliation services, is offering its software, training and services free-of-charge to government health authorities across the world, to help remove blocking data aggregation and reconciliation tasks during the coronavirus COVID-19 outbreak.
Empirasign is a database of all secondary market data for the US and EU structured products markets. We index real-time BWIC price talk and trade color in addition to dealer benchmark runs (bids, offers, and markets) contributed by our comprehensive network of market participants. We are offering new users extended free trial access to our web app.
Float is offering free access until end of May to help businesses forecast cashflow.
Deploy InsightEdge for free on Google, AWS, or Azure cloud environment, and instantly leverage the benefits of the GigaSpaces analytics platform.
We offer unlimited financial and extra-financial data and analytics at a click of a button. Banks, asset managers and insurance companies can request directly a free trial, up to 6 months, to connect to our RESTful API to retrieve all market, fund, index data and information they need (FTP of spreadsheets or text files is also feasible).
Hexanika provides customers with data solutions to address various data challenges such as data quality, governance and cost of data management. We are offering accelerated deployments through cloud, and offering 50% off launch for community banks until July 15.
Intrinio is a financial data platform offering over 300 financial data feeds accessible via API and Excel plug-in. We are offering free university wide access to our US Fundamentals and Stock Prices bundle which includes end of day stock prices, real-time IEX prices, and standardized and as reported financials for US publicly traded companies.
Performance Measurement is a software as a service (SaaS) profitability measurement solution that provides line of business, branch, and product profitability reporting to financial institutions on an outsourced basis. The Kafafian Group is waiving set-up fees through June 30.
Our artificial intelligence (AI) platform is engineered to help banks hyper-personalized customer engagement. The platform analyzes data from a variety of sources with the goal of detecting a consumer’s characteristics and preferences, predicting their future cash flow, and detecting changes in their financial condition.
KlariVis is a data analytics solution that enables organizations to quickly visualize revenue opportunities and manage risks in the consumer and business portfolios. One time set-up fee waived for new clients that engage by May 15, 2020. A minimum savings of $30,000.
Listcorp is a publishing, distribution and data-analytics platform designed to connect listed companies and investors in today’s digital world. We’re offering all ASX listed companies free access to our popular service for 12 months.
We are a financial information technology company focused on delivering data on US banks. We currently offer a free 14-day trial and are open to expanding that to three months during this time.
SavvyMoney provides an integrated credit score and report solution for online and mobile banking. Users get actionable advice about credit based saving opportunities and pre-qualified loan offers from their trusted financial institution. We are offering 50% off implementation fees and/or waiving usage fees for the first 60 days.
[email protected] www.stratyfy.com/COVID-19
Stratyfy is an advanced modeling and decision optimization platform for building, managing and explaining powerful models. Contact us to get free access for one month to the Stratyfy platform and our world-class team of data scientists who can support the development and testing of your crisis response models.
Syntoniq is a behavioral assessment application that enables financial advisors to help investors gain a more in-depth understanding of the behavioral levers that influences their financial decision-making. We are providing financial advisory firms with free setup, dashboard access and training for 30 days and discounted prices for the next 3 months
Free Backup Solution – Veeam Backup & Replication Community Edition. Backup and restore VMware and Hyper-V virtual machines with Veeam Backup & Replication Community Edition. Unlimited hosts and VMs. Free forever.
Agora Services offers financial institutions a cloud-based offering that enables banking customers to utilize and manage accounts in real-time, without replacing their core banking system. To help companies during COVID-19, we have waived our setup fee and are will defer billing for three months.
Airwallex provides business accounts with capabilities such as multi-currency wallets, low-cost/high-speed international transactions and collections, as well as virtual cards that are on the Visa network. We are waiving international payment fees for Australian and UK small businesses who are in need.
Amount makes digital financial experiences that align with the way we live, no matter the circumstances. We’re offering a trial of our products and services to help bridge the digital divide and make more possible in any financial environment
ANGRY is a research-based UX/UI studio specialized in designing fintech and banking products. We are offering a set of absolutely free-of-charge UX/UI overviews from the standpoint of psychophysiology of interface perception, UX metrics, texts, and microcopy. As a result, we will point out the weak points and provide advice on how to improve and enhance user experience.
Appway accompanies financial institutions on their journey toward the digitalization of all processes related to the customer lifecycle. We are providing a series of tech tools (eg. the free of charge Appway’s COVID-19 Credit Application package) to support financial firms in making CLM processes more efficient and lessen the operational and technological burden on both customers and organizations via leveraging on Appway’s work automation and continuous intelligence capabilities.
Bankingly is a cloud-based, pay per real use online and mobile banking software tool. We are offering a free non-transactional Android app for three months, with no commitment to stay. With this app, financial institutions can communicate with their clients, and also can display different kind of forms (for example, for user or product onboarding.
At Jack Henry, any Banno customer has access to our messaging features for 100% digital support, our credit unions can deploy the skip loan payment feature which we just updated to allow fee-free skips, and last week we built out a new way to integrate charitable giving platforms that the community bank or CU offers (like GoodCoin). We offer each of these at no added cost.
Digit is an AI-powered financial tool that automates your savings, monthly bills, loan repayments, and more. Digit has released a Coronavirus Relief Hub for members and non-members alike to access helpful and pertinent information around personal finance, home and utilities, debt and taxes, and more.
Digital Align is offering our service and two fintech products for free to credit unions and community banks: 1. Mortgage process automation, and 2) Align Money, a white label platform that includes both onboarding and online banking.
Enterprise and financial transformation through the application of financial health. Using our platform, Stancesm, we will provide an organization representing or employing public servants with an assessment of their employees’ financial health and the impact of an employers’ compensation and benefits package on it.
Experian is a global information services company offering its Affordability Passport to debt charities, lenders and other organisations for free. The Open Banking tool allows people to share their credit report and transaction data via a secure platform. Organisations can use the tool to identify customers who could be left vulnerable due to changes in their circumstances and offer them the support they need, such as payment breaks.
We are a digital credit card distribution platform. If a business has an AmEx business or corporate card, they can register at paywithextend.com in minutes and send any number of AmEx virtual credit cards with controls to whoever they want.
FINANTEQ is a software and consulting company focused on mobile finance. Pocket Branch is a remote channel for banks, enabling customers to bank through a video, audio, or text chat. We are offering Pocket Branch for free for 3 months.
We provide a credit card dispute processing platform. Finscend is offering a modified version of their Bank Dispute Platform (at no cost) – which would operate as a stand-alone platform to any community bank who needs it.
Finzly is offering free account opening solution for FIs to enable customers continue receiving their banking services. Any bank who needs the service can contact [email protected]
Fiserv is providing complimentary access to toolkits to help its financial institution clients communicate with their customers and support their adoption of digital channels. We’re also waiving or reducing select fees across our product suite, including card services, customer engagement, payments, fraud and risk management, and our Clover merchant services to ensure our clients have what they need to conduct business and support their customers in this new norm. We’re also providing rapid deployment of an end-to-end Small Business Administration (SBA) Paycheck Protection Program Lending Solution to ensure that FIs can quickly supply small businesses with loans in this critical time.
Glia offers remote contact centers for banks, credit unions, and other financial institutions the ability to set up phone, live chat and video banking in a matter of days. We are providing prioritized deployments and special terms during this time of need.
HC3 offers solutions focused on the design, production and delivery of both printed and digital bank statements and communications. To help companies during COVID-19, HC3 is offering a free fast-track implementation to financial institutions that are currently insourced or have other pressing business continuity concerns.
Horizn works with financial institutions globally making sure both customers and employees understand and know how to bank digitally. Horizn is providing a discounted short term license package of our cloud-based Customer Digital Platform and Digital Demos. Horizn will accelerate deployment to get banks up and running within 2 weeks and host Digital Demos of key online and mobile journeys to help bank customers gain confidence to digital banking.
Our platform that helps financial institutions launch new fintech products or components (e.g PFM, virtual cards, emergency savings app for times like Covid-19, etc) is free until production (and then pay per use), so companies can accelerate builds/POCs and get to market fast.
We are offering banks and credit unions the benefits of our SaveAway™ platform for their retail banking customers to afford big purchases in ways that furthers their financial wellness, as part of a specially discounted subscription. Consumers seeking special early access can signup at https://www.inspirave.com/earlyaccess
Interface offers an out-of-the-box omnichannel “digital banking teller” that helps customers 24×7 through every step of the journey from being a prospect to a customer. To reduce the burden of call center operations, interface can set up an AI-powered instant call center for you in a week. We are offering a deferred payment option on the same.
We offer a 60 day free trial for banks to operate our APIs to enable them offer bespoke financial services to their citizens in the diaspora.
1 (844) 880-1732
No monthly license fees until 2021 for clients who sign by June 1, 2020 for Kasasa’s account-generating websites and deposit account opening platform. In addition, Kasasa is waiving fees on its Kasasa Loans platform in an effort to help institutions with loan retention and portfolio performance in the midst of this crisis.
Larky helps financial institutions connect with their audience at the right place and time using geo-targeted notifications that promote loan products, increase engagement, and enhance the onboarding journey. We are currently offering our clients the ability to add an unlimited number of offers to their Larky program to support their commercial accounts and local business community.
MANTL’s digital account opening platform helps banks grow deposits faster and more cost effectively. MANTL has added resources to speed up deployments and help even more banks get digital branches up over the coming months. The average time to market for a new MANTL customer is three months, so banks that sign on this Spring can be live by Fall.
Micronotes has created the Micronotes COVID-19 Goodwill Program which offers clients access to: 1) Micronotes, which is pre-integrated into Retail Online to allow for live in one day communication capability for 60 days; 2) the COVID-19 template interviews; and 3) Campaign Manager both to launch COVID-19 interviews as well as view campaign reports. At the end of the 60-day support package the contract will expire without penalty.
Muellners provides banking as a platform, a plug and play financial technology for banks to offer digital services like payments network etc. We are doing accelerated deployments.
Narmi is offering a light version of its 2.5 minute digital account opening experience to help financial institutions continue to open deposit accounts and gain new customers. Narmi is offering pricing incentives for both its digital account opening and digital banking platforms as it relates to 2020.
Nav.it combines adaptive digital banking products with financial health outcomes through automated savings, expense tracking, and community discussion groups. We are offering our premium financial management tool for free (a $6.99/ month membership waive) until further notice.
Nomo is a fintech platform that helps freelancers manage their invoices, expenses, accounting and taxes. We are giving free access until April 30 to our new potential users and we will not charge to our current customers.
NXTsoft is offering a free educational webinar series, ‘Pausing the Pandemic Panic: Ideas & Solutions for Financial Institutions in these Uncertain Times,’ specifically designed for FIs during COVID-19 pandemic. NXTsoft’s expert solutions help organizations secure, convert, and optimize data.
Plinqit is a branded, automated savings platform that allows consumers to save for emergencies while interacting with information and advice from the financial institution. We are offering Plinqit with no one time set up and no platform fee for the first three months and we have deployment at 2 weeks and 1 business day.
We are spinning up 10,000 Free seat licenses for Web Video Banking that Credit Unions and Community Banks can use for 60 days.
Through certified SDK partners like Trabian, Q2 offers its clients heavily reduced deployment fees to help get additional business processes digitized so that their end users can remotely access more banking services during this time when visiting a branch may not be feasible. Additionally, Q2 is waiving its SDK license requirements for financial institutions who use certified SDK partners to build these extensions.
We are a cloud-based equipment financing startup with a mobile app that enables end-to-end digital equipment financing for banks and other financial institutions. We are offering banks, manufacturers and other lending and leasing institutions free use of our platform to enable 100% digital equipment financing to supplement and enhance their core lending capabilities in B2B lendings.
Securing Life Today
Securing Life Today is financial software to help you stay on track with your finances, benefits and retirement. We are offering our platform to businesses free for the next three months for their employees.
SPENDiD’s API is in beta currently, and we’re glad to waive all onboarding and per call fees for developers looking to use our autonomous peer validated budgeting algorithms.
We are a digital marketplace connecting fintechs to banks to provide online guidance notes and a portal to upload compliance and regulatory required documents. We fast-track the POC process as well as providing access to pay-as-you-go insurance to help suppliers (especially start ups) keep their costs down. We are offering free membership for a year for anyone signing up in the next 2 months.
We are a global banking software company. Temenos is providing their online learning platform, which features more than 400 courses, free of charge to current clients for 8 weeks (offer valid through June 30).
Terafina is a software-as-a-service product company providing digital account opening services on a single platform that unifies the experience across the online, branch and call center channels for community banks and credit unions. Terafina is currently offering accelerated deployment opportunities as well as educating our clients on how to best use their underutilized branch sales capacities and diversify their revenue sources at no additional charge.
We are opening free access to Openbanking via TrueLayer.
Urban FT addresses challenges associated with the fragmented banking, payments, and fintech ecosystem. We are offering up to 12 months of free Business Continuity Planning software to all customers and 6 months free to all qualified financial institutions.
VirtuaQ for Banking – smart queue management APIs powering personalization in branch transformation and digital banking. We’re offering our queue system free for now, to help businesses avoid crowds in their branch locations.
We are a rewards-based financial wellness platform and free savings app to reward every day savings. We are offering: 1. A free license of our software to banks through Labor Day, and 2. Cash-back on debit cards program to incentivize local shopping as an opportunity for community banks to connect with local merchants and consumers.
We have launched a FinTech product called Xebra. It is a business financial suite for SMEs operating in the B2B space. We are providing a Free Forever plan for start-ups to help them better manage their resources in these tough times.
eDOC Innovations is offering free use to our Basic version our or eSign solution named eDOCSignature until September 30, 2020.
MyCorporation, a Deluxe company, is a provider of online document filing services for clients who wish to form a corporation or limited liability company. MyCorporation is providing free EIN Tax ID filings for small businesses until June 30. You can call (818) 928-3579 or visit online at mycorporation.com and use code FREEIN to access the offer.
We are accelerating our software that let’s financial advisors document meetings and follow-ups remotely. We will be launching with a low promo price and free version.
EARNED WAGE ACCESS
Free to both employers and employees, Branch provides financial services that can help employees avoid fees and meet their everyday needs: 1) Zero-fee checking account with debit card (no overdraft fees, no minimum balances), and 2) Cash flow management tools including free instant access to earned wages and budgeting tools.
DailyPay is a provider of earned income software that integrates with large companies’ payroll and time management systems. We have coordinated an effort for employees of companies who offer DailyPay by waiving fees for access to earned income; the waived fees will be in effect until further notice.
FastP.A.Y.E is a way for companies to enable their staff to access their already earned money before payday without the need to rely on expensive credit. We are offering our flexible wage app fastP.A.Y.E with absolutely no costs whatsoever in order to help struggling employees during these unprecedented times.
Hastee is an earnings on demand platform founded to revolutionize the way people are paid, for the better, by giving workers access to a portion of their earned pay. Hastee is giving workers deemed crucial to the UK’s coronavirus response access to their wages ahead of pay day for free until June.
PayActiv is a of employer-sponsored earned wage and tip access, as well as a suite of employee financial wellness tools. We are waiving all fees for all services during the COVID-19 crisis.
We offer a free platform called Stammi for retailers in the EU to signup and sell vouchers to & collect donations from patrons who wish to support them financially through the crisis. We’ve partnered up with Stripe in order to make this available free of any transaction cost for merchants or customers.
Profitus is a crowdfunding and investment platform. We are offering the opportunity to publish your social project to raise funds to deal with the consequences of the covid-19 virus. In addition, Profitus will waive all transaction fees for investors and made investment free and available to everyone.
We are a fundraising and investor management platform, and we currently offer all our shareholder management and investor communication features for free.
HUMAN RESOURCES MANAGEMENT
BrightPlan is a SaaS-based, enterprise-class platform that powers growth by increasing profitability and helping employers attract and retain talent. BrightPlan is offering its platform free for the first six months.
Green Circle Life
We are the provider of SmartFHR, an HR, benefits, health and wellness application. Green Circle Life is making the private-labelled communications feature of the application available at no cost to employers who wish to use it for the next six months to increase the speed of communication and keep their employees informed in a rapidly changing environment.
LemonadeLXP is a technology firm that offers a game-based learning solution designed for financial institutions to onboard and train frontline workers. The company is offering its Digital Academy, a WCAG-AA compliant online repository, free of charge for three months to allow financial institutions to create online customer support tools in minutes.
360kompany operates a proprietary live global network giving companies direct real-time access to official commercial registers, enabling users to conduct immediate KYC and business verification checks based on audit-proof data from the primary source. Businesses can sign up for a subscription-free 7 day trial, and gain access to kompany’s live search engine accessing original documents for more than 110 million companies in over 200 international jurisdictions.
Amberoon helps banks manage financial crime by creating a risk-based approach to AML. The Bank Simulator has 14,000 accounts with $12B in transactions and a few “bad actors” that you catch using your forensic analysis skills. We are offering free access to our Bank Simulator for 1 month for banks who want to have a hands-on, immersive experience of Agile Compliance.
Continuity provides regulatory technology solutions that automate compliance and risk management for banks, credit unions, mortgage companies and fintech firms. We are offering free access to our cloud-based regulatory compliance and advisory technology to all U.S. financial institutions until the Covid-19 crisis ends. Our teams will have you up and running within 24 hours.
We are a GDPR-compliant decentralized identity management platform. We are offering complimentary access to our platform for startups and enterprises, to build their apps/products and cater to their identity management needs.
iComply provides identity verification and user authentication tools for professional services, government, and non profits that need to perform identity assurance, KYC, or AML processes in remote operations. We are offering up to $2M of in-kind services to government agencies or community organizations who need to securely identify users, online experts, subsidy claimants, or remote working employees.
ID-Pal provides an Identity Verification solution that can be used entirely remotely, enabling businesses to continue onboarding customers quickly and securely, whilst still meeting AML/KYC and GDPR compliance requirements. We are offering 2 months of free usage for SMEs. Standard set-up fees have been waived for both SMEs and Enterprise businesses (offer is being reviewed monthly in order to best help financial businesses continue to operate during the Covid19 crisis).
Muinmos has a proprietary engine mPASS that delivers compliance results with in-built regulatory permissions globally. We are offering everyone free access to our proprietary compliance engine and we will personally walk you through the onboarding process with your operations, legal and compliance teams to ensure seamless use.
Sherpa Technologies provides an identity and document verification solution called ID-Pal. During a limited engagement period that concludes on June 30th, Sherpa is allocating a specific number of free ID verification transactions per month to each credit union, and waiving implementation and monthly maintenance fees for the Essentials ID-Pal product package.
Shufti Pro is a global identity verification service provider and aims to create a secure and safe online marketplace devoid of identity theft and free of fraudulent activities. We have launched a COVID relief program for the world-wide organizations fighting to contain COVID-19. Under this program, we will provide 10 million free ID and face verifications to the qualified organizations for two months.
Sigma Ratings offers an integrated platform designed to help organizations search, screen, evaluate and monitor any entity for financial crime and other non-credit risks. To help companies during COVID-19, we are offering discounts on new Sigma Terminal licenses, expedited on-boarding and free consultations for institutions interested in a rating.
We will be providing free software for customer onboarding, including mobile, web apps. Back operations screen, also a basic CRM tracker.
Xamin is a provider of managed IT services for highly regulated and reputation-sensitive companies. In an effort to help companies securely connect their remote workforce during COVID-19, Xamin is offering its SOC2 secure remote solution at no cost, which provides an encrypted and secure way to remotely access systems that are left in the office and can be accessed anywhere with a web browser and an internet connection.
We´re an InsurTech focussing on embedded insurance at PoS. Incumbents usually need 6-12 months to digitalise and embed existing insurance products for their B2C clients, we are bringing this down to 6 weeks.
Our platform allows financial institutions to participate in point-of-need financing within weeks, generating new revenue streams while also helping to protect the role of community institutions to lend.
BankLabs Construct and +Pay are cloud based, construction lending and payment automation solutions that support unlimited remote users. We are offering one hour go-Live, unlimited users, free trial, and free on-boarding for existing construction projects.
Boss Insights automates the lending life cycle from applications to ongoing monitoring. We are offering free lead qualification services for any lender that does due diligence on new and existing loans to support SMB and commercial businesses in this time.
For banks providing SBA loans under the CARES Act and “Paycheck Protection Program”, Bottomline is offering a simplified loan application platform and its online small business account opening platform at no cost. In addition, Bottomline is offering its Small Business Online Account Opening solution to any bank, free of charge, to deliver digital access to small businesses in need.
We have introduced a new feature in our borrower platform to help borrowers seamlessly apply for mortgage assistance in the event that the hardship is caused by COVID-19. This borrower information is then fed into our servicer workflow automation platform to facilitate quick and compliant servicer processing.
Student loan debt repayment using spare change roundup. Offering platform for free to any Bank or Credit Union to offer their customers/members. We’re prepared to waive any setup fees and offer 3 months of free service as you provide the platform for your customers/members as a tool to help them educate themselves and feel more financially secure. We are constantly communicating the latest news on what is going on in the student loan debt space so that borrowers can be informed and take action.
Clear Capital developed OwnerInsight for the mortgage industry in response to the FHFA, Fannie Mae, and Freddie Mac’s temporary approval of alternative appraisal products that reduce the frequency of in-person interaction to mitigate the spread of COVID-19. The tool is available free to all lenders, appraisers, and AMCs.
We help banks and credit unions compete with fintech digital lenders using a “No Credit Impact” soft inquiry-based lending technology that embeds offers into your ebanking and manage lending queues from remote work from environment using our back office application that prioritizes the apps for the underwriters. Banks and credit unions interested in CreditSnap can go from start to finish in 4 weeks, with no up-front fee (waived), with transactions costs only if they fund a loan.
When other delivery channels are shut down or overwhelmed, Emergency Relief loans can be quickly distributed and instantly activated using @CuneXus technology, with zero human interaction. We're waiving fees so your FI can get consumers the relief they need. Contact me! #fintech pic.twitter.com/cokDVW0M04
— Dave Buerger (@CuneXus) March 21, 2020
CuneXus is waiving campaign fees and offering rapid 48-hour deployment to institutions wishing to leverage our technology for Emergency Relief lending efforts.y
Easy Mortgage Apps
We allow lenders to offer a mobile platform for all aspects of the lending industry, allowing both consumers and employees to communicate and transact business in a safe and secure environment. We offer expedited onboarding to launch in 10-14 business days and free customizable push notifications to increase communication between both referral partners and borrowers.
Fincura helps lenders assess business financial statements ~90% faster than today. Our customers use our product for faster underwriting and near hands-free portfolio management. We’re offering free portfolio risk assessments, prioritized onboarding, and discounted pricing.
FinMkt operates a B2B SaaS multi-lender point of sale platform that helps banks deploy a consumer lending e-commerce solution to their business clients. FinMkt waive all set-up and customization fees for bank merchant clients needing to sell online fast.
Hawthorn River streamlines the lending process for community banks with an easy-to-use and affordable loan origination system. We are offering a complimentary 6-month subscription with a 2-day quick-start implementation to help banks mobilize their lending teams.
We’re offering free access to a Payroll Protection Program & SBA Express onboarding/workflow solution throughout this crisis – to all Community Banks, Credit Unions, and CDFIs. Highplume is a flexible, collaborative, rapid-to-deploy SME lending platform.
Invest Sou Sou
Invest SouSou’s signature product is Capital Connector, which uses AI to help local governments connect small businesses to the right lender or business support service at the right time.
Jifiti’s platform facilitates POS financing between lenders and merchants. We are offering to waive all setup fees and minimums for our virtual card technology for last-mile disbursement of funds. In addition, we’re expediting all processes for online implementation – allowing retailers to quickly launch this much-needed functionality as customers shift from in-store to online. The solution requires zero integration – enabling the solution to be live within two weeks.
LenderKit is an enterprise-level white-label crowdfunding platform. Free license for our online P2P lending software that can be used to set up consumer lending marketplaces and SME lending platforms.
Lend-Grow is a lead gen partner that specializes in serving local lenders (small-to-mid-sized banks and credit unions). Lend-Grow can capture loan leads from borrowers in a lender’s footprint that are actively shopping for personal loans or student loan refinance. Lenders pay the referral fee only for closed loans. We are waiving the $5,000 setup fee for new lender partners. Partners will continue to pay the referral fee only for closed loans.
We can offer our Instant Financial Verification tools to lenders who are limiting face to face interactions during these tumultuous times. They can easily verify a co diners ability to repay within seconds looking at real time bank transactions.
Lendsmart is offering community banks the Lendsmart digital lending solution free for those wish to continue processing primary mortgages, refinances and home equity loans. We offer: 1) Lendsmart branded; 2) -Standalone solution (No core integration required); 3) Full API Partner access; 4) Marketplace suite; and 5) Initial platform training.
We are offering our merchant lending platform for free use by banks and credit unions as the “merchant” to power socially distanced relief loans.
Metechi is a Bank-Centered Syndication Marketplace providing lenders instant access to Commercial Real Estate loans originated by banks. Metechi is free for participants.
Nav is a comparison shopping tool for small business loans and credit cards, also offering free access to your personal and business credit reports. We can align qualifications across such a wide range of lenders and borrowers and make transactions fast and simple. Small business owners can sign up free at Nav.com
Nomis nSight enables Deposit and Mortgage teams to navigate the rapidly changing market conditions by providing real-time intelligence on pricing and geo and segment-specific risks and opportunities. *Zero setup*. 30 Day Free Trials for all customers. Special pricing for banks and lenders under $20Bn in assets.
Numerated is a digital lending & account opening platform for business banking. To help financial institutions mitigate risk when lending to businesses, Numerated is offering its digital lending solution for Small Business Administration loans with expedited implementation timelines and discounted pricing.
Peach provides a modern loan management and servicing platform for personal unsecured loans that includes a suite of cloud-based tools to enable call center agents to work-from-home. We are offering lenders up to 6 months of free use (with a subscription) of their compliance solution that monitors borrowers for federal emergencies such as Covid-19.
QCash Financial is waiving fees and implementation costs to get our digital small dollar lending solution broadly distributed. We also need the third-party online/mobile banking providers to also reprioritize this work and waive fees to FI clients.
MinuteLender® provides all-digital, self-service consumer and small business loans through financial institutions in minutes – all under their brand, their underwriting and their control. We generate a loan application in 30 seconds, provide real-time decisioning, all documents e-signed in minutes and have same day funding. We are offering a 25% discount on implementation cost for implementations beginning before July 1.
Roostify provides banks with digital home lending platform that enables consumers and bank personnel to collaborate on app and doc intake, decisioning, and fulfillment in a single digital experience from anywhere, on any device. We are offering complimentary setup and access to our basic offering for 6 months for qualifying bank customers.
We are a lending-as-a-service provider for banks and credit unions. We are committing to have them launched in 7 days so they start providing loans to their small business owners. We are also funding the loans so the bank or credit union is not taking on any risk.
We are an AI-powered lending-technology provider to banks, credit unions, retailers, and other lenders. We are offering a free online lending module for personal loans, including a custom application form integrated into your website with a borrower portal and back-end loan origination module with instant deployment.
Our solutions include a small-dollar short-term digital lending solution (CashPlease®) as well as the small business digital lending platform (Akouba™). For agreements signed by May 31, 2020 we are offering a 50% discount on implementation fees, expedited implementation and no monthly minimum financial commitment for several months on CashPlease® and Akouba™.
Zuci Systems offers HALO, an AI-based underwriting solution that makes underwriting decisions in less than 10 seconds. To support financial institutions identify creditworthy borrowers, we are waiving off any fee for HALO for 90 days. Our team will help integrate HALO with your existing system in 40 hours, and we will not incur any associated costs during this period.
We are distributing a series of specialized AI generated summary feeds focusing on the impact of coronavirus on various sectors (Finance, Energy, Media & Entertainment, Health Care, Info Technology, etc), plus a handful of specialized feeds covering topics like impact on the supply chain. We’re releasing these as free services on the web and via social media and newsletters.
We are a digital marketing platform provider to the retail bank and credit union marketplace. We are providing a free hosted Branch Appointment Scheduling tool to allow FIs to schedule appointments with existing or new account-holders (relevant for FIs who have closed lobbies to the general public).
CUCollaborate will offer free communication support around the virus for credit unions under $30 million in assets. In addition to providing support around communications, CUCollaborate will also offer six months free of its membership eligibility tool, JoinCU.
Destiny is a PFM focused customer retention platform to empower FIs to engage and scale with their young and digital first customers. We are waiving our set up fee and deferring our monthly fees for the next 6 months.
We offered our clients unlimited usage at no extra cost to help educate their customers/members on how to access money and utilize digital services without visiting a branch.
Our tools smooth customer acquisition in a digital first way. We compete often with the likes of Lexis Nexis when companies need instant info to populate leads and know all the external data about a customer. Fenris offers free trials of its APIs.
We are an affiliate network, reporting platform and marketing partner dedicated to the financial services space. For community banks wanting to digitally reach their audiences, Fintel Connect will provide free access and accelerated deployment of our performance marketing tools and our team will allocate time to any community bank seeking digital marketing guidance and strategy support.
Our solution allows community banks to target prospective and current customers by segment, interest and product (i.e., Dentists in Little Rock, AR with ARR >$1M searching for ‘Small Business Loans’). Our Promotion: $0 Platform Fee for 3 months, free banner design, complimentary retargeting analysis, and discounted pricing.
Our vulnerable client detector, and financial health Next Best Action dashboard will be free of recurring charges for the next 6 months to enterprise buyers. The Next Best Action tool monitors client finances, and alerts wealth, banking and insurance advisors of changes to client financial situation.
StrategyCorps is a provider of retail checking solutions to hundreds of banks and credit unions. We are providing AT NO COST pharmacy/vision/hearing savings to all customers/members of any financial institutions until December 31, 2020. Any financial institution who wants to provide these benefits should post this link https://strategycorps.com/bazing-in-this-together-fis/ to its customers or members on its website, online banking platform, mobile apps, and in emails, eStatements, and social media.
Total Expert is the maker of an enterprise-grade experience platform purpose-built for the modern financial services industry. We are offering a “fast deployment” product for free or at a discount (depending on size of institution) to help community banks and credit unions manage critical channels of communications and engagement, including email/video email, social media, and landing pages.
AeroPay is offering free “Virtual Tip” payments to local businesses through our proprietary bank transfer payment method that need help during this time. We’ve also waived transaction fees for all merchants during this time.
BillGO helps track, manage, and pay bills in one place—no more logging into multiple websites to check due dates and make bill payments. BillGO offers the Prism app free to help everyone stay on top of their money.
Computer Services, Inc. (CSI)
To enable community banks to provide contactless person-to-person (P2P) mobile payments to their customers during the COVID-19 pandemic, Computer Services, Inc., a provider of integrated fintech and regtech solutions, is waiving implementation and monthly service fees for its core and digital banking customers on the company’s SPIN P2P app.
Finix is a payments infrastructure platform. Finix is powering payments infrastructure for Kabbage as the company offers all small businesses and service providers that sign up at helpsmallbusiness.com the ability to sell gift certificates to consumers for future use. Finix is waiving all fees to support this crucial mission and calling on other payments industry peers to pursue similar initiatives.
Finovera is a digital bill aggregation and payment platform. We are offering a free Personal Bill Manager to credit unions and banks for free so their customers can manage their bills easily in these tough times.
We are a payments company focused on Open Banking. We have built a new donation page linking all UK bank accounts to the NHS (UK’s Health Service) to bring free instant bank transfer donations straight to the front-line by leveraging Open Banking. Donate now or get in touch if your charity needs the same.
The Matchimus pluggable transaction matching booster module reduces the heavy manual matching workload that reconciliations team using rules-based matching may be dealing with. We are offering free installation and setup of Matchimus with 2 months of free support for organizations whose reconciliation teams have been impacted by Coronavirus.
PayRange provides operators and consumers with a mobile payment and loyalty solution for laundry, vending, amusement, and other small ticket merchants. In response to COVID-19, we offer a program that allows customers who are short on cash to overdraw their PayRange accounts and pay back later.
We help banks and employers give back in their communities by powering the charitable donations of their corporate gifts and their employees and customers donations via our white-label charitable giving accounts. We’re offering discounted programs and quick deployments (just got a white-label program live in 48 hours) to help mobilize charitable support.
Recko is a SaaS platform which automates financial reconciliation and controls for digital commerce organisations with complex receivable / payable flows and large volume of transactions to process. We are offering the platform free of cost for a period of 2 months for reconciling financial transactions.
SDK.finance is a payment technology vendor. We are announcing free access to the core payment software for 1 year.
SnapCheck empowers business to pay vendors, suppliers, employees, and contractors instantly and to streamline collections from customers through our platform. For a limited time, SnapCheck is offering to waive our first year licensing fee for new customers on our quick start API implementation.
Aspen’s property servicing platform is used to manage business processes across the entire asset continuum. We have removed subscription fees for Aspen iRecord. Both the initial sign-up fee and the annual renewal fee will be waived.
We help FIs and their customers by unveiling what every new US data breach means to any customer’s risk of all forms of costly identity theft or fraud. To meet increased fraud risks in a tough time, we are quickly iterating a new product that can be rapidly implemented at much lower cost, bypassing normal integration and approval processes. FIs wishing to protect consumers immediately can also link their public sites to Breach Clarity’s free basic tool at www.breachclarity.com.
Our platform is design to run credit risk, risk management and credit score for finance institution s. We are offering free set up, integration, calibration and access to our platform for a period of 2 months.
We provide a risk management platform designed to help financial institutions quantify, track and minimize the risks of money laundering, corruption and terrorist financing. We have discounted the price of the Elucidate FinCrime Index by 20% and offer data engineering services at no extra cost, so as to speed up deployment.
We have recently launched TRIDENT | AI, artificial intelligence principal protection analytics which provides daily predictive multifactor relative weights at the sector level. We offer a 45-day free trial; however, we’re considering extending this for an indefinite period to enterprise clients in an effort to assist those with a significant ground zero impact (i.e., pension managers, endowments, etc.).
LexAlign’s mission is to help financial institutions control this risk by empowering third-party oversight. Banks that join LexAlign’s Early Adopter Program for payments fraud will get two months’ access for free, and an option to terminate after 6 months.
www.res.net [email protected]
We offer risk management tools to the financial sector which includes mortgage servicing and credit unions. We are offering free implementation of our REO Portal and Loss MIt Portal during this national crisis. We are waiving the setup fees and training is included as well.
Wolters Kluwer provides risk management and regulatory compliance solutions and is offering a range of free resources to help firms manage COVID-19 challenges. Initiatives include no upfront costs for its “Paycheck Protection Program Supported by TSoftPlus” solution which helps banks and credit unions support small businesses with payroll funding. The company is also providing free training and support services, and access to its COVID-19 Noteworthy Developments Bulletins for banks, insurers, and securities firms.
401GO is a small business 401(k) platform. We are removing any fees other than the per participant per month fee ($9 per participating employee per month), which covers everything for a 401(k) plan (testing, notifications, payroll monitoring, filing of Form 5500, etc.).
AdvisorPeak offers portfolio rebalancing, trading and monitoring software. We are offering full access to AdvisorPeak’s core rebalancing and trading platform including real-time pricing without cost or obligation for all of Q2’20.
AgentRisk is fintech company that offers wealth management services to high-net-worth individuals and an automated portfolio management and CRM product to RIAs and wealth managers. We have made our RIA product for free for 6 months. We have also made this available for 100% free for individual investors. Further, we have heavily discounted our 1-on-1 consultation service for individual investors.
Blue Fire provides early detection of unforeseen risk in companies to bulge bracket banks, leading hedge funds and global asset managers. During this time, Blue Fire will be opening up their risk models to publish a free daily ‘Risk Report’, highlighting listed companies where idiosyncratic risk is seen either increasing or decreasing.
Cred helps financial advisors tailor their model portfolios and financial advice to each client’s unique scenarios, scaling the level of personalization they can provide. We are helping advisors cushion the volatility for their clients by offering our service free of charge through the end of 2020.
We help startup employees navigate financial stress via our on demand financial coaching tools. Currently, we’re assisting startup employees that are being laid off with free tax advice and financing for options exercise given most employees have a 90 day window to exercise and don’t have the extra cash. We’re also hosting free weekly webinars on all things personal finance during a pandemic.
Halo Investing is a marketplace technology platform for protective investment products with a focus on Structured Notes. The multi-issuer platform is free to access. Even if you hadn’t purchased the security from Halo, we can upload it to our system free of charge for optimized lifecycle management.
Harvest’s Goalkeeper solution helps you retain deposits via automated savings and investments solutions inside of your digital channels. Offer: Harvest is waiving implementation and 3-months of platform fees; no payments in 2020 to accomodate your budget cycle.
KopenTech LLC is a fintech platform for electronic trading and refinancing structured products. To provide the structured products market with liquidity and improve transparency, KopenTech BWIC, an electronic CLO trading platform, is offered free for 6 months to institutional investors.
We are a Canadian fintech startup offering DIY online financial planning for Canadians. We are giving away for free the use of our Financial Planning simulator, to enable users to build and obtain a comprehensive Financial Plan, from the comfort of their homes.
Our firm offers DIY Retirement Planning. People can build their own plan for free and we have a premium version where we’re offering a 14 day free trial. The cost of building a plan average $2,400 and people on our site can do it for free.
Polaris Portfolios is a wealthtech firm that partners with community banks and credit unions to provide digital wealth management solutions, including digital on-boarding, robo-advisory, and remote advisors. We are rolling out accelerated deployments of our digital wealth management solution to banks and credit unions
We are a provider of pre-trade price transparency in fixed income markets. We are providing free, limited time access to our SolveQuotes platform which allows aggregating pricing from firms’ own messages and chats in addition to pricing data from our contributors.
Teslar Software provides community financial institutions with automated workflow and portfolio management tools to streamline and improve processes with easy access to relevant information needed to operate. Teslar will work with your financial institution to install Teslar Unite, our secure document upload feature, into your website for free.
Trezeo is providing sickness insurance free of charge to its customers (gig economy workers, mainly delivery drivers in London).
We are a 401k fintech platform powering retirement plans across the country. To help, we put together some options for clients to explore, such as deferring fee billing, freezing 401k plan matches, etc. We have provided 6-months free to signup.