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June 29, 2007

The Tech Scene: Not Just Payments Anymore - Firms Testing Mobile Ads
Steve Bills profiles DebtFolio and references their supporting technology from CashEdge, in his article on financial companies experimenting with the mobile channel to find out what applications consumers will accept.

“Last month DebtFolio Inc. of Framingham, Mass., began offering an aggregation service called Geezeo Mobile. The company says it is the first to enable text-message access to all of a user’s financial accounts.

Shawn Ward, one of the company’s founders, said the service is based on technology from the New York account aggregation vendor CashEdge Inc. Users who sign up at the Geezeo Web site can register their checking, savings, or card accounts from any bank.

Currently, the service offers only balances transmitted on demand to a mobile device, but Peter Glyman, DebtFolio’s other founder, said that customers also will be able to conduct transactions in the near future.”


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