Verizon will reportedly offer a personal finance app to help you with your bills
A report published today cites a source with inside knowledge as saying that Verizon will soon be offering a personal finance app called Prism. With the app, you list all of the bills and the names of the companies that you are paying monthly. Once that is accomplished, the app will remind you when a monthly bill is due, tell you whenever a new bill arrives, and track your balance at the bank. It also will pay your bills automatically.
The app helps you see where you money is going each month, and gives you an idea of how much cash you have to make purchases each month. The interesting thing is that there already is a similar app also called Prism, that is available on multiple platforms including the App Store and Google Play Store. This app has basically the same features as Verizon's rumored app will reportedly have.
All this leads us to conclude that Verizon could be purchasing Prism's parent company Mobilligy, and might decide to integrate Prism with the My Verizon app. If you want to join the site as a trial member through an open beta, all you need to do is to click on the sourcelink below. Verizon will supposedly call you to get feedback about your usage of the app.
"Thank you for your interest in Prism - a mobile app for iOS and Android devices. Prism automatically keeps track of all your bills' due dates in one place, and lets you pay them without remembering a million passwords. Prism helps you protect your credit score, reduce your debt, and avoid late fees.
Prism brings together all of your money, your bills and your pay to give you a complete picture of your finances. While using Prism you will receive reminders about upcoming payments, be able to track and pay your bills, and monitor your bank account activity in real-time."-Verizon
Prism brings together all of your money, your bills and your pay to give you a complete picture of your finances. While using Prism you will receive reminders about upcoming payments, be able to track and pay your bills, and monitor your bank account activity in real-time."-Verizon
By the way, we sense your concern about revealing your personal information for a finance app. According to the information published along with the trial application (which carries a Verizon copyright), information you give out related to Prism is encrypted for security, sits behind a firewall, and is not stored on your device.
Things that are NOT allowed: