The world’s first interactive payment card technology with a built-in computer enables consumers to instantly switch to different currencies with the touch of a button on the card. The new interactive MasterCard is powered by Pittsburgh-based Dynamics and will be offered to issuers globally.
EyeVerify, San Jose, California, Finovate start-up and TSWG (The System Works Group) from Brisbane, Australia announces that TSWG NetTeller Mobile Money will integrate with EyeVerify’s Eyeprint Verification across iOS and Android devices.
TSWG is a leading provider of secure and agile digital banking technology, and will integrate the patented Eyeprint Verification technology; which is available only from EyeVerify and provides a highly accurate, user friendly biometric authentication stack.
Dynamics announced today that it now offers cardholders the ability to earn Air Dollars on major US and International airlines, as well as allowing them to earn seats on private jet flights through its exclusive reward partner JetLimo. Unlike airline rewards cards, which typically offer consumers 1 mile for every dollar they spend on most purchases, Dynamics ePlate Visa card lets customers earns 1.35% in Air Dollars for every dollar they spend. These Air Dollars can then be redeemed for $250 credits on major US and International Carriers, on any ticket they buy from the airlines websites, without blackouts or flight restrictions, or limited availability of frequent flyer seats. Unlike airline cards, consumers can also choose to earn seats on private jet flights though Jet Limo, a new travel option that makes the benefits of business aircraft travel available at airline fares. Consumers can earn seats on flights they select valued up to $1500, after spending only $12502, making this an over 100% reward.
Online identity proofing service miiCard launched Certified Digital Bank Statements as part of its verified online identity service at Finovate Fall 2013. Financial and professional service companies can now use miiCard Certified Digital Bank Statements for underwriting, risk assessment and responsible lending decisions. Certified Digital Bank Statements are user-controlled components of a verified miiCard identity. Upon request, miiCard members can authorize financial institutions or professional service companies to access one of two different levels of information. With miiCard’s Identity as a Service (IDaaS) platform and Certified Digital Bank Statements, businesses can quickly verify an individual can afford a loan or qualify for a service.
Yodlee is announcing its “Tandem” financial management app, allowing to users establish and manage their social financial relationships. With the app, users can set up financial circles, from their contacts and social networks, which have varying degrees of account access. The “Tandem” solution also gives users the power to establish financial circles based on levels of trust and account sharing access. It is an ideal bank app to engage customers in all segments and to provide significant value around financial interactions. Financial institutions will be able to incorporate Tandem directly into their existing mobile banking platforms. It also allows users to increase customer engagement and retention, create new revenue streams and learn more about their customers’ financial needs.
This week Dynamics introduced a whole new experience for fans of diverse artists by enabling them to earn exclusive collections of their work. The collections feature photorealism, mixed media, golf, fantasy, gothic and allegorical acrylic art. Each artist has created new works exclusively for Dynamics ePlate® cardholders, and has taken what a credit card looks like to a whole new level – with each artist’s ePlate® card capturing their artistic signature. The cards are uniquely designed by each artist with their artwork on the front of the card – and in an industry first – they have also designed the magnetic stripe in their style, a stark contrast to the dark stripe we have all grown accustomed to on the back of credit cards. Collectors of these artists and other upcoming artists can now earn artwork with their everyday purchases.
TransCard prepaid products to financial institutions of all sizes, would like to congratulate FamZoo, the winner of one of five 2013 FinovateSpring Best of Show awards. Developed with TransCard’s prepaid platform, the “family pack” of affordable, widely accepted cards are linked together and accessed online through FamZoo’s award-winning family finance management software tools that help parents teach kids good money habits. This is FamZoo’s second win as Best of Show at Finovate. In 2011, FamZoo was awarded at FinovateFall for the debut of its Partner Edition product, which brings co-branded family finance management solutions to banks and credit unions.
FIS will be showcasing its Mobile Wallet with Cardless Cash Access at FinovateSpring 2013. A white-labeled, cloud-based mobile payment and offer redemption solution that allows financial institutions to fully brand and manage the customer experience, while offering consumers convenience and best-in-class security. The FIS Mobile Wallet enables the issuer to facilitate mobile commerce, maintain control of customer and transaction data and, most importantly, keep an institution’s brand at the center of the customer experience. Consumers benefit from the convenient and easy-to-use mobile solution as well as financially from coupons, loyalty programs and merchant-funded rewards.
In conjunction with this past week’s Dynamics release, Radical Studios launched its Radical Comics experience reward for the battery-powered Dynamics ePlate credit card device. This allows consumers to earn Radical Comics-related products with every purchase. The Radical Comics experience™ reward allows consumers to earn comic book images by making purchases with their Dynamics ePlate credit card device. As sets of images are collected, consumers can redeem the sets for items such as graphic novels, autographed lithographs, and autographed comic books once they sign up for he offering.
Dynamics announced its ‘credit card of the future,’ altering consumer’s everyday spending from the typical payment card to an interactive, real-time reward experience. The Dynamics ePlate device is a battery-powered, computerized credit card that allows users to securely and instantly choose from more than 35 reward experiences using two mechanized buttons on the card programmed through a mobile app platform. The card is connected to an ecosystem of experience™ providers that each deliver a unique experience™ reward to the consumer. When making a purchase, a consumer simply presses a button on his/her ePlate™ credit card device to receive the experience™ reward associated with the pressed button. At any time, a consumer may change online the experience™ rewards associated with the different buttons on his/her ePlate™ credit card device. The credit card rewards are called experience™ rewards because experience™ rewards are the first rewards to be delivered instantly, within seconds of a purchase, to the consumer.
FreshDirect launched its grocer payments application for the battery-powered Dynamics ePlate credit card device, allowing consumers to earn credits towards their groceries with every purchase. When the FreshDirect experience™ application is selected on their ePlate device, a consumer will earn additional savings at FreshDirect, as they use their Dynamics ePlate™ credit card device for their everyday purchases. Consumers can sign up for a battery-powered Dynamics ePlate credit card device online and is subject to a credit approval. Connected to an ecosystem of experience providers that each delivers an individualized brand experience, through an experience™ application, to the consumer, “ePlate” lets users select different ‘experience’ applications.
Dynamics next-generation payment cards launched its “Triple Interface” next-generation payment device at Finovate, creating a central platform for all three primary payment technologies on a single piece of plastic in a re-writeable format. For magnetic stripe readers, a card-programmable magnetic stripe – Dynamics’ proprietary Electronic Stripe™ – is included, which can re-write any bit of the magnetic stripe at any time. For EMV contact readers, a card-programmable chip – Dynamics’ proprietary Chip and Choice™ product – is included, which can re-write a contact chip profile at any time. A card-programmable contactless chip – Dynamics’ proprietary Chip and Choice™ contactless product – is included, which can re-write a contactless chip profile at any time.