PaymentsJournal
No Result
View All Result
SIGN UP
  • Commercial
  • Credit
  • Debit
  • Digital Assets & Crypto
  • Digital Banking
  • Emerging Payments
  • Fraud & Security
  • Merchant
  • Prepaid
PaymentsJournal
  • Commercial
  • Credit
  • Debit
  • Digital Assets & Crypto
  • Digital Banking
  • Emerging Payments
  • Fraud & Security
  • Merchant
  • Prepaid
No Result
View All Result
PaymentsJournal
No Result
View All Result

The Vota App: Nice User Interface but Do You Really Need it to Manage Your Credit Card?

By Brian Riley
May 21, 2018
in Analysts Coverage
0
2
SHARES
0
VIEWS
Share on FacebookShare on TwitterShare on LinkedIn
mobile ordering coffee

mobile ordering coffee

It is getting easier these days to use a third party app to monitor your credit usage.  Banks in Europe are opening up channels to authorized third parties but is it a solution in search of a problem?  Tech Crunch covers upstart Vota in today’s read.

  • But linking a credit card and automating the process will likely give users pause, especially at a time when our personal data has been slurped up repeatedly for unscrupulous To get regular folks to try an app like this, they’ll need a better reason than it being

    a “useful journal of transactions” or a way to explore what friends are doing.

  • The company is considering those other paths. In fact, Kubo says the original idea was to develop a personal finance insights app, but user behavior during the beta led them to focus more heavily on the social

The app does little more than Clarity Money, a recent application acquired by Goldman Sachs.  I recently joined Clarity Money out of curiosity and it does let me review credit card activity when I authorize access.  One nice feature of Clarity and Vota is that they highlight recurring payments to ensure that I did want to continue with Netflix or Hulu, but I didn’t find the value was significant enough to authorize third party access to my cherished payment cards..

  • However, Vota aims to roll out other features that could broaden its appeal. For example, it may work on features to help people find ways to save — like by highlighting subscriptions you forgot about; or it may automate expense reports for businesses.

  • The goal is to roll out a set of premium features like this, rather than use the data to target you with ads or offers to monetize Vota (which is bootstrapped and not making money today).

For now, I will put this one on the back burner.  My favorite strategy is to add in alerts so I get a push message every time a transaction hits.  With my Chase card, the notification will hit my phone in almost real time, and will be waiting on my computer when I return home.

With so many apps clogging my cell phone, I can save the space.

Overview by Brian Riley, Director, Credit Advisory Service at Mercator Advisory Group

2
SHARES
0
VIEWS
Share on FacebookShare on TwitterShare on LinkedIn
Tags: Credit CardMobile App

    Get the Latest News and Insights Delivered Daily

    Subscribe to the PaymentsJournal Newsletter for exclusive insight and data from Javelin Strategy & Research analysts and industry professionals.

    Must Reads

    Simplifying Payment Processing? Payment Orchestration Can Help , multi-acquiring merchants

    Multi-Acquiring Is the New Standard—Are Merchants Ready?

    February 3, 2026
    ACH Network, credit-push fraud, ACH payments growth

    What’s Driving the Rapid Growth in ACH Payments

    February 2, 2026
    chatgpt payments

    How Merchants Should Navigate the Rise of Agentic AI

    January 30, 2026
    fraud passkey

    Why the Future of Financial Fraud Prevention Is Passwordless

    January 29, 2026
    payments AI

    When Can Payments Trust AI?

    January 28, 2026
    Contactless Payment Acceptance Multiplies for Merchants: cashless payment, Disputed Transactions and Fraud, Merchant Bill of Rights

    How Merchants Can Tap Into Support from the World’s Largest Payments Ecosystem

    January 27, 2026
    digital banking

    Digital Transformation and the Challenge of Differentiation for FIs

    January 26, 2026
    real-time payments merchant

    Banks Without Invoicing Services Are Missing a Small Business Opportunity

    January 23, 2026

    Linkedin-in X-twitter
    • Commercial
    • Credit
    • Debit
    • Digital Assets & Crypto
    • Digital Banking
    • Commercial
    • Credit
    • Debit
    • Digital Assets & Crypto
    • Digital Banking
    • Emerging Payments
    • Fraud & Security
    • Merchant
    • Prepaid
    • Emerging Payments
    • Fraud & Security
    • Merchant
    • Prepaid
    • About Us
    • Advertise With Us
    • Sign Up for Our Newsletter
    • About Us
    • Advertise With Us
    • Sign Up for Our Newsletter

    ©2024 PaymentsJournal.com |  Terms of Use | Privacy Policy

    • Commercial Payments
    • Credit
    • Debit
    • Digital Assets & Crypto
    • Emerging Payments
    • Fraud & Security
    • Merchant
    • Prepaid
    No Result
    View All Result