The Treasury Department will be awarding finalists in the MyMoneyAppUp challenge this week with a $25,000 prize purse. Five of eight app design finalist teams to receive the reward took on the challenge to create next generation mobile apps that will help Americans shape their financial futures. The ceremony will be held this Friday at Treasury, where the first-place winner will take home a $10,000 grand prize.
You can learn more about the challenge and its finalists by clicking here, or watching the video below. One finalist, Know It ALL!, “enables consumers to instantly calculate the full cost of a credit card purchase so they can make a fully informed decision about a purchase.” Who couldn’t use n app that helps customers make informed decisions on the cost of credit? Now only if it could help compare it to other forms of credit!
