>> WELCOME
BACK TO CHEDDAR NEWS THIS
FINANCIAL FITNESS SEGMENT IS
SPONSORED BY LENDINGTREE SHOP
AND COMPARE LOANS CREDIT CARDS
INSURANCE AND
MUCH MORE. NOW THESE DAYS OUR
PHONES ARE MORE IMPORTANT THAN
OUR DAILY LIVES MORE POINT IN
OUR DAILY LIVES THAN EVER
BEFORE THERE IS NO EXCEPTION
WHEN IT COMES TO YOUR FINANCES
MORE PEOPLE ARE BANKING ONLINE
OVER GOING RIGHT INTO A BANK
IN PEOPLE ARE CONNECTING COUNT
TO FINANCIAL PLATFORMS LIKE
VENMO AND APPLE PAY FOR EXAMPLE
SO JOINING US NOW TO DISCUSS
THIS TREND IS BRYCE MCEVOY
SENIOR PRODUCT MANAGER
LENDINGTREE BRYCE THANK YOU SO
MUCH FOR BEING HERE CAN YOU
BRING DOWN WHY SO MANY PEOPLE
ARE CONNECTING THEIR BANK
ACCOUNTS OF THESE OTHER
SERVICES AND WHAT DO YOU SEE AS
THE FUTURE OF THIS TREND.
>> HEY THANKS FOR HAVING ME.
YEAH WE REALLY LIVE IN THIS
HYPER CONNECTED WORLD TODAY
WHERE EVERYONE EXPECTS
INFORMATION AT
THEIR FINGERTIPS SORT OF ALL
TIMES AND WHEN IT COMES TO
THEIR FINANCES CONSUMERS REALLY
WANT TO BE ABLE. A VARIETY OF
ANYTIME ANYWHERE. IT'S OUR
LATEST SURVEY FOUND THAT 58% OF
AMERICANS HAVE CONNECTED
THEY'RE PAYING TO AT LEAST
ONE HOUR AND MOST OF THOSE ON
AVERAGE CONNECTED TO
3 MORE PLATFORMS. SO YOU'RE
REALLY SEEING A LOT OF
DIFFERENT USE CASES FOR THIS
YOU KNOW WHETHER IT'S AND YOUR
FRIEND
FOR DINNER AND YOUR LANDLORD
CHECK IN WHEN YOU'RE NEXT TO
THE BILL IS DUE OR JUST
CHECKING TO SEE IF YOU HAVE
ENOUGH MONEY INTO YOUR NEXT PAY
DAY. LOTS OF REASON THAT I WANT
TO THANK YOU FOR MOUNT
INFORMATION AVAILABLE
SO EASILY. WE'RE LONG PAST THE
DAYS OF MEETING TO GO TO A BANK
BRANCH OR SPEAKER PROFESSIONAL
FINANCIAL ADVISOR TO
THIS EXPLOSION IN FINANCIAL OUT
IS REALLY LONG WILL THAT TAKE
OWNERSHIP AND STEER THEIR
FINANCIAL FUTURE AS THEY SEE
FIT.
>> YEAH, I CAN'T REMEMBER THE
LAST TIME I WENT INTO AN ACTUAL
THANK HIM
FOR SATURDAY. YOU KNOW WHAT
VALUE DOES A FINANCIAL AT BRING
TO THE USER AND
HOW DOES THE INNOVATION IN
THESE APPS REALLY HELP
CONSUMERS STAY ON TOP OF THEIR
FINANCES.
>> YEAH, YOU KNOW USERS TO
REALLY COME TO EXPECT
PERSONALIZED AND TAILORED
EXPERIENCES WHEN THEY OPEN APPS
THESE DAYS AND YOU KNOW WE FIND
THAT TO BE ESPECIALLY TRUE FOR
FINANCIAL SERVICES. SO 4 IN 10
TELL US THAT THEY RELY ON
BUDGETING APPS RIGHT NOW TO
HELP MANAGE THEIR FINANCES.
AND IN TODAY'S WORLD MANY APPS
INCLUDING ONE ENTRY ALLOW USERS
TO OPT IN
TO GET THEIR BANK INFORMATION
DIRECTLY
FED TOO. SO IT'S A SECURE THAT
PROVIDES REAL PEOPLE ACCURATE
REAL-TIME DATA
POWER THAT YOU KNOW FEATURES
AND INFORMATION THAT USERS ARE
ACTION AND OUR KIDS
A NEW TREE REUSING I THINK THAT
IT'S PROVIDE REAL-TIME
BUDGETING RECOMMENDATIONS
ABSOLUTE TIPS IDENTIFY UPCOMING
EXPENSES. ALL THOSE TYPES OF
THINGS THAT YOU KNOW REALLY
HELP OUR USERS.
>> YOU KNOW, I'M SURE YOU'VE
HEARD THIS BEFORE WHEN TALKING
TO SOMEONE WHO DOESN'T HAVE ANY
FINANCIAL APPS THAT THE THE OLD
IN I DON'T PUT MY BANK ACCOUNT
ON THE INTERNET ON
SOME APP YOU KNOW THOSE HAVING
THOSE SECURITY CONCERNS WHAT DO
YOU SAY TO THOSE WHO ARE
CONCERNED ABOUT SECURITY WHEN
LINKING AND THE BANK ACCOUNT AT
ONE OF THESE APPS DO THEY HAVE
A POINT.
>> YES SECURITY IS OBVIOUSLY A
HUGE SO YOU KNOW FIRST AND
FOREMOST USER SHOULD DEFINITELY
DO THEIR HOMEWORK AND BE AWARE
OF WHO THEY'RE SHARING THEIR
DATA WITH YOU KNOW
UNFORTUNATELY ARE A FEW BAD
ACTORS OUT THERE THEY'RE TRYING
TO TAKE ADVANTAGE OF PEOPLE IN
THIS DIGITAL WORLD THAT WE LIVE
IN. YOU
KNOW WHAT ASKING FOR
INFORMATION WHETHER IT'S EMAIL
ADDRESS OR BANK FINANCIALS
WE'RE REALLY AWARE OF HOW MUCH
TRUST THAT REQUIRES USERS AND
WE TAKE THAT
REALLY SERIOUSLY. SO WE'VE GOT
THE BEST PART IS AND POLICIES
IN PLACE TO MAKE SURE THAT THEY
TO STAY SECURE AND WE EXPECT
THIS SAME THING FROM ALL THE
PARTNERS AND VENDORS THAT WE
WORK AND SO FOR THE VAST
MAJORITY OF COMPANIES LIKE WHEN
YOUR TREE WE'RE REALLY JUST
LOOKING TO USE THIS DATA
IT HELPS OUR MEMBERS TO
INCREASE THEIR FINANCIAL
FITNESS IN PUBLIC TO THEIR
GOALS.
>> SO WITH THAT I WANT TO YOU
CAN KIND OF GO THEIR LITTLE BIT
MORE TELL US HOW THE
LENDINGTREE APP ACTUALLY
BENEFITS THE USERS AND WHAT
FEATURES 2 CAN LOOK FORWARD TO.
>> YES THE WINTRY HAS SO LONG
BEEN KNOWN
AS THE NEAR THE BODY USES WITH
CREDIT SCORE UPDATES AND ADVICE
ON HOW TO IMPROVE
THE SCORE AND OVER THE LAST
COUPLE YEARS WE IN A STEP
FURTHER IN A REALLY FOCUSING ON
THE COMPLETE
FINANCIAL PICTURE. I INCLUDING
CASH FLOW BUDGETING AND
FINANCIAL FUTURE SO IT SPREADS
A BENEFIT CONCERT.
MEMBERS IN A VARIETY OF WAYS SO
IF YOU'RE GOING TO HELP YOU IN
YOUR SPENDING AND WANT TO PLAN
FOR UPCOMING EXPENSES.
OUR CASH FLOW FEATURES CAN HELP
YOU BUILD BETTER DAILY AND
MONTHLY HABITS. AND IF YOU'RE
LOOKING TO THE FUTURE I WANT TO
MAKE SURE YOU STAY ON TRACK.
WE'VE GOT A FINANCIAL FUTURE
SECTION
FOR THAT. AND IF YOU SIMPLY
WANT A SNAPSHOT OF YOUR OVERALL
STATUS WE'VE GOT DASHBOARD
PAYCHECK CAN GIVE YOU THAT ONLY
ONE
OF YOU. AND OF COURSE LATER IT
STILL HAS THE NATION'S LEADING
ONLINE MARKETPLACE FOR LOANS.
SO WHETHER YOU NEED
PERSONAL LOAN CREDIT CARD HOME
ALONE.
>> ANYTHING YOU NAME
>> WE NOW THIS ABILITY TO KIND
OF LOOK AT US BANK INFORMATION
SEE THERE AND TRANSACTIONS AND
HOW MUCH THEY'RE PAYING ON YOUR
SAY ON A MORTGAGE. WE CAN
COMPARE THAT WITH OFFERS IN OUR
LOAN MARKETPLACE TO SEE WHERE
WE CAN SAVE OUR KIDS ARE SOME
MONEY.
>> AND IF THAT WASN'T ENTICING
ENOUGH WE KNOW THE LENDINGTREE
IS GIVING WAY $1000 PER WEEK TO
A LUCKY PERSON
WHO LINKS THEIR BANK ACCOUNT
WITH THE APP WHERE CAN PEOPLE
GO TO ACTUALLY ENTER AND THEN
WHERE CAN THEY FIRE NOW MORE
RESOURCES TO FEEL MORE
CONFIDENT THEIR FINANCES.
>> YEAH WE'RE REALLY EXCITED
ABOUT READING'S PROMOTION.
SO OUR MEMBERS
OF OUR CONNECTING THEIR
ACCOUNTS ARE FINDING MORE
SAVINGS OPPORTUNITIES, HELP AND
RUNNING HANDS AND HIGHWAYS TO
CUT THEIR EXPENSES EVERY MONTH
AND WE REALLY WANT THAT
OPPORTUNITY AVAILABLE TO ALL OF
OUR
MEMBERS SO THE EASIEST WAY TO
GET MORE INFORMATION AND TO THE
CONTEST IS TO DOWNLOAD THE
MONEY TREE OUT WHICH CAN BE
FOUND ON THE PEOPLE ARE AND
RIGHT. HER UNCLE STUART.
YOU CAN ALSO VISIT LENDINGTREE
DOT COM AND SIGN UP FOR FREE
MONEY TREE
MEMBERSHIP THERE. AND I WERE
ACTUALLY PULL YOUR FIRST WIN
TOMORROW THEY WILL BE ABLE TO
GET A CALL IN AND GIVE THEM A
GOOD NEWS, SO YOU KNOW WANT TO
URGE EVERYONE TO IT TO GO SIGN
UP FOR THE OUTCOME OF THE
CONTEST AND YOU MIGHT BE
HEARING FROM YOU NEXT WEEK.
>> ALL LITTLE GOOD LUCK TO
WHOEVER IS THAT THEY ACTUALLY
WINS THAT MONEY AND HOPE THEY
DO HEAR FROM YOU THANK YOU SO