FreeMonee Network Honored with Netexplo 2012 Award as a Global Leader in Digital Innovation
March 15 2012 - 1:30PM
Business Wire
FreeMonee Network, the world’s first and only gift network, was
today honored as one of ten companies chosen globally to receive
the Netexplo 2012 Award for leading the world in digital
innovation. Netexplo, an independent observatory which studies the
impact of digital technology on society and business, actively
seeks out new, innovative companies that have made a footprint in
the digital landscape. Netexplo annually selects 100 of the most
promising organizations from around the world as finalists and 10
are honored with the Netexplo Award.
Held today in Paris, the annual Netexplo Forum brings together
over 1,000 business, media and political executives, giving
FreeMonee and other award winners the opportunity to lead
interactive dialogue about new and emerging trends driving the
future of digital innovation.
“We are honored to receive this award and be recognized by such
an influential organization dedicated to identifying and
spotlighting the world’s leaders in digital technology,” said Joe
Salesky, Founder and Chief Strategy Office for FreeMonee Network.
“FreeMonee is excited to be among the leaders in digital innovation
at this year’s Netexplo Forum, and we look forward to continuing to
help drive the dialogue on the evolution of the role of banks and
other financial institutions in innovation, enabling commerce and
compelling consumer value while safeguarding privacy.”
ABOUT FREEMONEE NETWORK
FreeMonee Network, Inc. (www.freemonee.com) is the world’s first
and only gift network – connecting millions of credit and debit
cardholders from the world’s largest financial institutions with
national and local merchants. Merchants offer FreeMonee Gifts –
cash incentives – to individual cardholders through their financial
institutions. FreeMonee Gifts function like a gift card on an
individual’s debit or credit card, allowing consumers to purchase
anything they want with the designated merchant, with no strings
attached. FreeMonee anonymously matches consumers to the Gifts
using their proprietary Adaptive Matching Technology that analyzes
card transaction data to identify the highest value consumers for
merchants. FreeMonee’s AMT engine uses anonymized cardholder data,
which means neither FreeMonee nor the participating merchants ever
have access to a cardholder’s personal information. Consumer
privacy is maintained at all times. Through partnerships with top
U.S. financial institutions, the company expects 50 million
households to have access to FreeMonee Gifts in 2012.