LOWELL, Mass – University of Massachusetts Lowell student Joshua Carter, of Hudson, N.H., was part of a team that squared off in the DCU/UMass Lowell Manning School of Business Innovation Contest, which asked contestants to develop products and services for the banking and financial-services sector.

Business administration students on two teams with similar ideas tied for second place, winning a total of $1,000. Domenic Tutela, of Dracut; Joseph Polcari, of Wilmington; Michael Zangri, of Methuen; and Carter presented concepts for a mobile app that would scan, save and sort purchase receipts and checks and automatically update a user’s checking account balance for better money management.