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Finovate 2008 MoneyAisle

By Jim Bruene on October 14, 2008 11:17 AM

imageNext up is MoneyAisle from NeoSaej. Mukesh Chatter, President & CEO, will do the demo.

The Burlington, MA-based company launched its auction-based deposit service this summer.

MoneyAisle demonstrated a reverse auction for a CD with a winning bid of 4% APY by Commerce State Bank. The company emphasized that it's fully transparent with no ads and the consumer can choose at the end whether they want to accept the bid and purchase the deposit.

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Events

  • Finovate 2008: On October 14th, Finovate returned to NYC to showcase the newest innovations in financial technology from companies large & small. The event was a huge success!
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