Today in product updates: RateHub, Frank + Oak, TouchBistro

In the past few weeks, Canadian companies have been launching updates to take their platforms to the next level. Here’s the latest product updates you should know about.

RateHub introduces free credit scores

Toronto-based RateHub, which recently received $495,000 from the National Research Council of Canada, now allows customers to get Equifax credit scores.

Once RateHub issues a credit score to users, they receive personalized recommendations on products based on their financial situation.

“Understanding how your credit may impact your eligibility for advertised financial products is critical to the selection process,” said Kerri-Lynn McAllister, chief marketing officer of RateHub. “Personalized recommendations save time and empower Canadians to proactively manage their credit profiles and plan for the future. We believe credit education and awareness is vital to the financial success of the half million visitors to our site every month.”

Frank + Oak launching NBA capsule collection

Frank + Oak has partnered with the NBA to create NBA-licensed merchandise in Canada only. The collections are available both online and in Frank + Oak’s Queen West and CF Sherway Gardens locations, and at Real Sports Apparel in the Air Canada Centre in Toronto.

The collection is a fashionable take on NBA apparel, and includes oxford shirts, crewnecks, and backpacks. It goes live on the Frank + Oak website at 11 a.m. today.

TouchBistro receives patent for iPad POS feature

TouchBistro, which develops a POS app for restaurants, has been granted a patent for a feature that enables restaurants to easily and quickly split bills between customers. The United States patent number 9514427 is entitled Graphical Interface and Input Method for Allocating an Invoice Amongst a Plurality of Accounts.

“This patent, along with our recent New York Design Award, demonstrates that we are design and thought leaders in our space. Unlike a generic register App, TouchBistro has been designed specifically for restaurants, enabling them to automate or simplify processes that ultimately increase revenue and improve the user and customer experience alike,” said Alex Barrotti, CEO and founder of TouchBistro. “We are committed to continually investing in technology development to address the unique challenges restaurants face. We are honoured to be recognized for our invention and innovation in the market.”

In October, TouchBistro raised a $17 million Series B to expand its sales and marketing teams.

The patented feature allows restaurant staff to correctly allocate whole (or partial) ordered items to individuals, or to be shared by everyone at the table. The feature allows staff to designate which diner is to pay for items ordered, or how individuals are to be grouped on a bill. By swiping between two seats on a graphical interface showing seats around the table, the software instantly splits the bill among customers and calculates all related taxes and tips.

Jessica Galang

Jessica Galang

Jessica Galang is BetaKit's News Editor.