WEST DES MOINES—On the heels of two large announcements about its CoreSaver product, Social Money now has another nationally recognized client: H&R Block.
The West Des Moines-based company announced Tuesday that H&R Block will use its CorePro platform for its Emerald Prepaid MasterCard program, which has more than 3 million users, in time for the 2015 tax season.
Social Money launched CorePro last October as a core processing system that helps businesses and developers integrate savings accounts into online and mobile platforms.
“CorePro is the perfect complement for any prepaid program that wants to create a stickier relationship with its customers so as to increase the number of card loads and spend,” Social Money founder Jon Gaskell said in a release. “Our technology helps close the loop with regard to offering a complete financial services relationship.”
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By utilizing CorePro, H&R Block’s Emerald Card customers will be able to set savings goals and possibly receive rewards for reaching certain milestones.
One response to “Social Money announces partnership with H&R Block through CorePro”
Ferrari and his team have been building awesome things for years. This is well-deserved and a good reflection of Social Money’s continued growth.