“The Neon release of our app presents a number of exciting new features including Touch ID authentication and an enhanced notifications engine,” said Dr. Jo Webber, CEO and Founder of Virtual Piggy. “By adhering to U.S. COPPA laws we are delivering the appropriate controls and safeguards to allow Oink money transfers to be used by all members of the family.”

The Neon release provides increased visibility and control of potential funders of the youth wallet. The new notifications engine provides full transparency into all funding and spending activities and delivers important information to the consumer on all Apple devices, including the Apple Watch. Parents have complete visibility as to who their children have invited to fund their accounts, can manage individual funders, and are able put a hold on child spending at any time.

Oink empowers millennials and generation Z to make their own purchasing, saving, and other money management decisions, within set boundaries. The award-winning technology serves as a digital wallet and card that allows for safe, secure and legal transactions.