03/19/2025 | Press release | Archived content
LOS ANGELES, Calif., March 19, 2025 - FinTech Breakthrough, an independent market intelligence organization that recognizes the top companies, technologies and products in the global FinTech market, today announced that InComm Payments has been selected as winner of the "Best Personal Finance Product" award in the 9th annual FinTech Breakthrough Awards program, recognizing the breakthrough innovation of the InComm Benefits Health Savings Account (HSA) solution.
InComm Payments and its InComm Benefits division* provide employee benefit programs with automated and intuitive spendings accounts, including HSAs. The InComm Benefits HSA is designed to help employees maximize their account funds, particularly in situations when they are unsure if an expense is eligible for reimbursement. The solution gives employees the option to connect two accounts on one card: the HSA and a Backup Account. When an employee makes a purchase using their InComm Benefits HSA card, the solution automatically detects and routes eligible expenses to the HSA, while non-eligible expenses are charged to the Backup Account.
Most recently, InComm Benefits expanded its HSA solution to offer Cash Back** on all eligible transactions. This industry-first offering encourages account holders to use their HSA card and avoid missing eligible expenses. Coupled with other features such as receipt tracking and record keeping tools, as well as automated Internal Revenue Service (IRS) rules and account management, the InComm Benefits HSA makes it easier for employees to both spend funds on healthcare expenses and save funds for potential growth opportunities.
"As employers strive to deepen their relationships with their employees, InComm Benefits provides an HSA product that helps drive enrollment and dollar contributions. Although a number of companies offer their employees an HSA, many employees are unsure when or how to use it, consequently missing out on saving money they are entitled to," said Steve Johansson, Managing Director, FinTech Breakthrough. "By addressing employees' hesitancy about HSAs, InComm Benefits has created an HSA that benefits both spenders and savers and helps employees maximize their HSA funds. We're thrilled to single out the InComm Benefits HSA with 'Best Personal Finance Product' for 2025!"
The FinTech Breakthrough Awards is the premier awards program founded to recognize the FinTech innovators, leaders and visionaries from around the world in a range of categories, including Digital Banking, Personal Finance, Cryptocurrencies, Lending, Payments, Investments, RegTech, InsurTech and many more.