Fintech

Voice Enabled Debit Cards

SMS designed, developed and deployed SNL™, the Spanish Language Network™, a prepaid debit card combined with a prepaid calling card. SNL cards were stored value cards that could be used to make calls by voice and transfer balances from one card to another by voice with voice authentication.

Real-Time Language Translation

SMS designed and deployed real-time translation from English to Spanish and the reverse to callers connected via the platform could converse in multiple languages and gain understanding in their native language.

Credit Bureau Parser

SMS designed, developed, and deployed NEFT™, New England FinTech, a hosted software platform designed to pull credit reports from all three credit bureaus (TransUnion, Equifax and Experian) and then use optical character recognition and parsing technology to decipher the meaning of each credit and trade line.

Credit Report Analytics & Predictive Algorithms

SMS was retained to design, develop and deploy the next level of NEFT called MPower™, a predictive analytic program to estimate the increase in credit score points by taking specific actions including but not limited to making payments, updating or disputing various aspects of credit report data.

BaaS (Banking as a Service)

SMS was retained to integrate MPower with over 20 Top Tier Banking and Credit Institutions in order to meet all regulatory requirements including FTC, CFPB, CPI and more. SMS developed secure interfaces that met all government requirements and enabled MPower to offer consumers the option to make payments in near-real time.

Real Time Payment Processing with Credit Bureau Integration

SMS designed, developed and deployed a real-time credit improvement engine which allowed consumers to pull their credit reports, gain understanding of possible credit score increases available, then click to pay specific trade lines in order to get the increased credit score rating in near-real time. The technology was sold later sold to SOFI and is called Lantern Credit.