Hey Siri, Send a Gift! Swych™ Launches World’s first Person-to-Person Gifting Bot Solution

Award winning Artificial Intelligence GiftBot™ platform is now open for beta testing

PLANO, TEXAS — February 14, 2017: Swych, Inc., creator of the revolutionary digital gifting platform, announced today the beta release of its new bot technology for person-to-person gifting. Winner of the Most Innovative Startup at the FinovateFall 2016 event, Swych™ is a mobile first, highly secure, context aware digital gifting platform with advanced analytics. Adding another world’s first to its portfolio, Swych GiftBot™ technology uses artificial intelligence (AI) and natural language processing (NLP) to bring gifting to popular messaging and virtual assistant apps.

“The paradigm for consumer interaction with brands is at the cusp of a revolution where technologies like artificial intelligence, virtual and augmented reality are gearing up to overtake traditional web- and app-based commerce. We are proud to be the first mobile gifting service to bring machine learning, AI and advanced data analytics into the fast growing digital gifting space,” said Deepak Jain, Swych chief executive officer and co-founder.

Swych’s GiftBot uses strong user authentication along with an open and extensible artificial intelligence layer that enables a rich and dynamic user experience to send digital gifts to anyone in your social network. With the Swych GiftBot service, users can initiate e-gifts quickly and easily to anyone using a smartphone, desktop or tablet, from within their favorite chat, messaging or virtual assistant application. The GiftBot identifies a recipient from just a first name, automatically picking up the mobile phone number or email address for instant delivery. GiftBot then makes recommendations for the gift and allows personalization via a greeting, all from within that Facebook or Skype conversation where the idea of gift giving is top of mind, seamlessly aligning timing and intent. For enhanced security, users receive a confirmation within the Swych app to authorize and pay for the gift after the GiftBot has finished creating it from the conversation.

Gifts sent through the Swych GiftBot function exactly like gifts sent directly from the Swych mobile app: all gifts received in Swych put the recipients in charge. Receiving a digital gift inside Swych is delightful, since any gift received can be swyched for any of more than one hundred retailers available within the app, ensuring a perfect gift experience every time. Each gift is accompanied by a personalized message or a picture from the sender, and the recipient can say thanks with a click.

Robert P. Sabella, chief revenue officer and co-founder for Swych, added, “Most mobile usage studies show that consumers prefer to interact with friends, family and colleagues predominantly in social media apps such as Facebook Messenger, Skype, Snapchat, Instagram, Slack or WhatsApp. The use of virtual assistants like Siri, Alexa and Google Home is also growing at a very fast clip. Swych’s GiftBot platform opens the door for our gifting brand partners to take advantage of this trend and connect to their consumers in an entirely new way.”

Swych has designed the GiftBot platform to be white label ready for financial institutions, enterprises and retailers. Today’s public beta release presents an avenue for the platform to interact with consumers to enhance its machine learning and brand recommendation engines, as well as and discover more ways in which a gift can be sent. Beta testing is open on both iOS and Android platforms for users of Facebook Messenger, Skype and Siri. You can learn more about GiftBot and the beta release at http://goswych.com/giftbot.

To learn more about the Swych mobile platform, or to download the latest app, visit http://goswych.com/download/.

Give, Get, Swych™.

Siri, Skype and Messenger are trademarks for Apple, Microsoft and Facebook respectively. In order to use the Swych GiftBot on Siri, users must have iOS 10.0 or above.

Swych to Showcase its Artificial Intelligence Enabled Gifting-as-a-Service Platform at Money2020

Award winning digital gifting platform and GiftBot™ technology now available for businesses to leverage social platforms for loyalty and incentive programs

PLANO, TEXAS — October 19, 2016: Swych™, the pioneer of the revolutionary GiftBot™ technology, announced today they will showcase Business to Business (B2B) applications of their award winning artificial intelligence (AI) enabled digital gifting platform at this year’s Money2020 show in Las Vegas, October 23-26, 2016. The Swych executive team will be on site at Kiosk 2048.

Gifting in the United States is a $200 billion per year market, primarily driven by the popularity of branded gift cards among consumers. Major corporations, financial institutions, large and small businesses and service providers utilize gift cards as rewards, incentives or loyalty redemption methods that account for $50 billion or more loaded in gift cards per year. Many of the gifts, rewards and incentives that people receive from businesses often are still delivered as plastic cards, go unused, are re-gifted or resold as businesses typically have limited visibility in their consumer shopping needs or preferences. Businesses today need access to modern technology, digital distribution and targeted reach to deliver enhanced customer satisfaction for today’s sharing economy of consumers who are always on their mobile phones and smart devices.

This is where the advanced AI enabled gifting platform and GiftBot technology from Swych comes in. Businesses of all sizes across all industries can use Swych’s Gifting-as-a-Service APIs to reach their consumers in social platforms such as Facebook, Skype, Twitter and others to deliver the rewards and incentives and drive greater consumer loyalty.

“Since the launch of our platform in the summer, Swych has made great strides in harnessing the power of AI and bot technology to further enhance the digital gifting experience. Money2020 is the world’s largest event bringing together the entire commerce and financial services ecosystem, and we’re thrilled to showcase the Swych Gifting as a Service platform in this venue,” said Deepak Jain, Swych co-founder and chief executive officer. “Businesses are increasingly interested in interacting with their consumers in social and messaging platforms. With a simple API, Swych can empower businesses to use AI and bot technology to delivery highly effective incentive and loyalty programs.”

By leveraging Swych Gifting-as-a-Service, financial institutions, loyalty platform providers and mobile banking companies can easily and quickly implement the industry’s most modern gifting experience as part of their own mobile app or bot. Through an easy to implement API, any business can now reward consumers through their social media channel by sending an incentive that can be swyched or redeemed by the recipient to any brand of his or her choice. In addition, the Swych platform’s new, artificial intelligence enabled, powerful data analytics provides insight into the buying and spending habits of the targeted consumers.

Swych Gifting-as-a-Service is 100 percent digital and provides a powerful mobile experience that is approved by hundreds of the popular gift card brands consumers like to use. Advanced security and fraud protection mechanisms reduce cost and drive an enhanced return on investment for businesses utilizing incentive programs to drive more adoption. The service can allow businesses looking to migrate from plastic gift card based distribution programs into a very quick path to digital fulfillment and social platform integration.

“Rewards and incentives are something every consumer can relate to. Whether it is Facebook Messenger or Amazon Alexa or Microsoft Skype, Swych can target and reach consumers in an app they like to spend their time on,” said Robert Sabella, Swych co-founder and chief revenue officer. “Our Gifting as a Service platform allows companies to effectively leverage AI and bot technology in a matter of days — not weeks or months.”

You can see the app and a preview of the Swych GiftBot™ here at: www.goswych.com/giftbot. Enterprises and businesses interested in Swych platform APIs can request a preview at sales@goswych.com.

 

Give, Get, Swych™.

Swych Mobile Gifting Platform Named Finovate “Best of Show”

Swych co-founders showcase simplicity, unique user experience with new mobile gifting platform

PLANO, TEXAS — SEPTEMBER 19, 2016: The Swych Mobile Gifting Platform, along with the newly unveiled Swych GiftBotTM , won the prestigious Best of Show award at the Finovate Fall 2016 conference in New York. Swych was among 71 Fintech companies selected to present at this year's conference held September 8 and 9.

Finnovate 2016 presentation

Swych co-founders Robert Sabella and Deepak Jain present at Finnovate 2016.

Finovate attendees previewed Swych’s new patent-pending GiftBot, a first-of-its-kind personal gifting assistant that makes gifting possible from the apps that consumers use most often such as Facebook, Skype, and iMessage. The GiftBot is yet another compelling addition to the unique user experience offered by the Swych mobile gift card app currently available for both iOS and Android operating systems.

Swych co-founders Deepak Jain and Robert Sabella showcased the simplicity of mobile gift card transactions using both GiftBot™ as well as the mobile app along with the unique experiences offered by the service such as cash bonuses and instant “swyching” of a received gift to any merchant brand.

“We are honored and delighted at the appreciation for the Swych Mobile Gifting Platform from Finovate’s discerning audience and our peer innovators in the Fintech industry,” said Deepak Jain, CEO, and co-founder. “This Best of Show recognition makes us even more motivated to continue innovating in our quest to reinvent the gifting experience for both consumers and businesses.”

The Swych Artificial Intelligence-enabled GiftBot provides personable conversations with users while using information from their social and professional networks to complete digital gift transactions in a simple chat session. All gift cards received from the app or GiftBot, can be redeemed, saved, or “swyched” with more than 100 popular brands offered. Discounted gift cards are also available for sale within the app so users can save on their favorite retailers and brands. Users can purchase gift cards securely using Apple Pay, Android Pay, and PayPal directly within the app and save gift cards to their Apple Wallet or Google Wallet. Plus, every purchase earns users rewards points that can be used to buy additional gift cards.

“We set out to modernize the gifting experience, making it intelligent, simple, elegant and powerful,” said Robert Sabella, co-founder and Chief Revenue Officer. “Stay tuned for even more exciting additions to our GiftBot technology, coming soon to a messaging app near you.”

Click here to download the award-winning Swych mobile app in the Apple or Google app stores. Click here to learn more about GiftBot™

Give, Get, Swych™.

 

ABOUT SWYCH:

Swych’s patent pending mobile gifting platform enables users to send “Swychable” gifts from their mobile device that can be instantly redeemed for electronic gift cards from more than 90 popular brands. Swych users can instantly buy, send, re-gift, upload, Swych and redeem gift cards conveniently from their mobile device. Swych is a private company funded by seasoned angel investors from the banking, financial services, payments, gifting, telecom and enterprise computing space. Swych’s headquarters is in Plano, Texas, with offices in San Francisco, California.

Swych was formed in 2015 by serial entrepreneurs, Deepak Jain and Robert Sabella. Product Development and Operations are headed by Anu Shultes who is a well-known and highly respected gift card industry expert. Marketing is headed by Stephanie Barrueto and Product Engineering by Linda Yang.

For more information please visit www.goswych.com.

To download Swych click here.

Follow us on Twitter @GoSwych, like us on Facebook at fb.com/goswych and follow us on Instagram at instagram.com/goswych.

Swych to Present Latest Innovations in Conversational Commerce at FinovateFall 2016

Plano, Texas – August 31, 2016 - Swych™, the pioneer of the revolutionary digital gift card platform, announced today that they will be presenting their popular mobile app as well as a sneak preview of their new GiftBot™ platform at FinovateFall 2016. Finovate is a two-day showcase of the latest innovations in fintech from companies and startups alike. Swych’s Co-Founders Deepak Jain and Robert Sabella will present its mobile gifting technology on Thursday, September 8th.

“We launched Swych earlier this year with a mission of modernizing digital gifting and incentives with the latest technology in security, connectivity and data science. You can always expect to see the best new ideas selected to present at Finovate and we are delighted to be amongst them this year,” said Deepak Jain, Swych CEO & Co-Founder. “We have had fantastic reception since our launch and we are giving our vision a further boost by showcasing the application of artificial intelligence and conversational commerce in digital gifting and incentives.”

Swych delivers a unique, smart and connected user experience for digital gifting where consumers can instantly send and receive e-gift cards that can be redeemed or swyched for any brand. By enabling gifting within conversational platforms such as Facebook, Skype, Siri, Amazon and the likes, the new Swych GiftBot™ platform opens a logical new channel for delightful gifting experiences within apps where user’s interact multiple times every day. For businesses and enterprises also, the GiftBot™ platform’s reach into apps where majority of consumer interactions are happening has the potential of further accelerating the popularity of mobile technology as the preferred mode for gifting and incentives.

"Often times we find the right moment for a gift within a conversation with friends or family," said Swych Co-Founder, Robert Sabella. "With Swych you will able to celebrate that moment by dropping a gift instantly into the conversation at that exact moment without leaving the conversation."

The Swych GiftBot™ platform utilizes an open and extensible artificial intelligence layer that enables much more than just account information. With its unique user identification and security technology, the bot can quickly and effectively send a gift to anyone. With a Swych GiftBot™, users can interact in natural language to drop gifts for any occasion with a personalized message and enjoy seeing their gifts delivered within the conversation.

You can see the app and a preview of the Swych chat bots here at: www.goswych.com/bots. Enterprises and businesses interested in Swych bot platform APIs can request a preview at sales@goswych.com.

“Swych is redefining the way people send and receive gift cards,” said Greg Palmer, Sr. Director of Finovate. "We’re excited that Swych is showcasing their innovative mobile gifting platform and the Swych Facebook GiftBot; this is exactly the kind of game-changing technologies that make Finovate a must-see event for the Fintech industry.”

Give, Get, Swych™.

ABOUT SWYCH:
Swych’s patent pending mobile gifting platform enables users to send “Swychable” gifts from their mobile device that can be instantly redeemed for electronic gift cards of more than 90 popular brands. Swych users can instantly buy, send, regift, upload, Swych and redeem gift cards conveniently from their mobile device. Swych is a private company funded by seasoned angel investors from the banking, financial services, payments, gifting, telecom and enterprise computing space. Swych’s headquarters are in Plano, Texas with offices in San Francisco, CA.
Swych was formed in 2015 by serial entrepreneurs, Deepak Jain and Robert Sabella. Product Development and Operations are headed by Anu Shultes who is a well-known and highly respected gift card industry expert. Marketing is headed by Stephanie Barrueto and Product Engineering by Linda Yang.
For more information please visit www.goswych.com.

To download Swych click here.

Follow us on Twitter @GoSwych, like us on Facebook at fb.com/goswych and follow us on Instagram at instagram.com/goswych

ABOUT FINOVATE
FinovateFall is a demo-based conference for innovative startups and established companies in the fields of banking and financial technology. Held in San Jose, the event offers an insight-packed glimpse into the future of money via a fast-paced, intimate, and unique format. FinovateFall is organized by The Finovate Group. For more information on the event or to view videos of previous demos, please visit finovate.com.

World’s First: Digital Gift Cards you can Give, Get and instantly “Swych” to any brand

Plano, TX – August 03, 2016 - Today Swych, Inc. announced the launch of its innovative digital gifting platform and iOS mobile app for US consumers. For the first time, consumers can use this unique app to send “Swychable” gift cards which the recipients can redeem at any of their favorite retailers like Amazon, REI, Sephora and more. Users can also upload and convert physical gift cards into an electronic form and manage all of their electronic gift cards in the easy to use the app. Swych mobile app users can also enjoy exclusive discounts from selected brands generated by the unique recommendation engine of the Swych platform.

Swych delivers a smart and connected user experience that delights both the sender and the recipient. From their smartphone, anyone can instantly send an e-gift card with a few clicks and personalize it for the recipient with custom messages and photos. The gift is instantly delivered in a matter of seconds via text or email. The recipient can then “Swych” to an e-gift card of their preferred brand, get bonus cash from selected brands and deliver their thanks to the sender in just a few clicks. Swych users can also sync their gift cards in Apple Wallet for convenient access anytime anywhere. This never before user experience ensures superior user satisfaction by delivering a relevant gift every time.

“The gift card market, while growing in popularity with consumers, has been riddled with old technology and an obsolete user experience. Our vision is to make digital, the preferred method of gifting, by leveraging modern technology, advanced security, and connectivity that today’s consumer expects,’ said Deepak Jain, Chief Executive Officer and Co-Founder, Swych Inc. “People simply do not want to carry around ten or twenty plastic gift cards in their purse or wallet. Nor do they want to be stuck with gift cards they received for merchants they have no current need for. Swych delivers a relevant gift every time for the recipient and peace of mind for the sender that their gift will not go unused”.

Gift Card Self-Gifting has more than doubled in the past three years. The Swych mobile app brings personalized discounts, promotions, and deals directly to the user for a convenient way to save, shop, and spend. The integrated Swych Rewards program allows users to earn one point for every dollar spent in rewards to be used for future purchases within the app.

Swych Co-Founder and Chief Revenue Offer Robert Sabella adds that, “Swych is the first company to introduce this game changing model where the brand decision making for the gift shifts from the sender to the recipient. The unique promise of a satisfied recipient is the perfect reason to skip the inconvenient stop at a physical store and use the Swych app to send your next gift card“.

Download Swych from the app store today. Give. Get. Swych™.

ABOUT SWYCH:

Swych's patent-pending mobile gifting platform enables users to send “Swychable” gifts from their mobile device that can be instantly redeemed for electronic gift cards of more than 90 popular brands. Swych users can instantly buy, send, regift, upload, Swych and redeem gift cards conveniently from their mobile device. Swych is a private company funded by seasoned angel investors from the banking, financial services, payments, gifting, telecom and enterprise computing space. Swych’s headquarters are in Plano, Texas with offices in San Francisco, CA.

Swych was formed in 2015 by serial entrepreneurs, Deepak Jain and Robert Sabella. Product Development and Operations are headed by Anu Shultes who is a well-known and highly respected gift card industry expert. Marketing is headed by Stephanie Barrueto and Product Engineering by Linda Yang.

For more information please visit www.goswych.com

To download Swych click here

Follow us on Twitter @GoSwych, like us on Facebook at fb.com/goswych and follow us on Instagram at instagram.com/goswych

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