MovoCash vs passQi

On Demand Mobile Banking App

Founded in 2014, MovoCash, Inc. is a California-based financial technology company that offers an on demand mobile banking app, MOVO®. MOVO empowers customers to instantly send and spend money right from a mobile phone, even without a bank account. Unlike major competitors, MOVO accounts are FDIC insured through the issuing bank and offer unique fraud protection features like MovoCoin®, which provides an instant digital debit card that protects a user’s primary banking information. The MOVO® Digital Prepaid Visa® Card is issued by Metropolitan Commercial Bank (Member FDIC) pursuant to a license from Visa U.S.A. Inc. “Metropolitan Commercial Bank” and “Metropolitan” are registered trademarks of Metropolitan Commercial Bank ©2014.

Location: Palo Alto, United States

Intelligent password management and next-level Multi Factor Authentication

passQi provides both an intelligent password management mobile app and a complementary server-side solution called mFactor to implement a proprietary Multi-Factor Authentication login for WordPress and other websites. The app can be used as a stand-alone product, or in concert with the mFactor solution.

The passQi 2 app provides the highest level of security by storing information exclusively in the user’s smartphone vault, a single tool that goes everywhere. One-time keys securely encrypt relayed information via the cloud and are never passed through the network or shared with another device. passQi 2 is designed to work seamlessly with nearly any site on the Internet and offers an optional automated TOTP support alternative to Google Authenticator.

passQi mFactor goes beyond Two Factor Authentication with a simple WordPress plugin or custom library for other platforms without changing the existing authentication flow. passQi mFactor offers superior security with two layers of encryption – from different sources – required to reconstruct the underlying token for login. passQi mFactor allows the site authentication to determine definitively that the user was in possession of their smartphone device at the time of authentication with the optional touchQi support, verifying the owner’s fingerprint (for devices with biometric capabilities).