SmartCard Marketing Systems Inc., a fintech payment accelerator Co & solutions provider, has announced the expansion of its Fintech Accelerator Offering for Independent Software Vendors (ISV's) to prepare for biometrics, blockchain & AI interoperability.
The company launched the Fintech Accelerator program in November 2016. The program targeted ISVs seeking expertise to deploy to banks, credit unions, telco’s and financial institution service providers.
The firm is joining the ranks of the major Fortune 1000 companies to grow the Fintech market segment. In the official release, the company said that its proprietary technology & expertise in the payment industry creates a unique opportunity to set & implement trending technology in the Tech Startup sector focused on financial technology.
"Our approach is simple but our expertise is broad as we have the know how to deliver EMV & Card not-present payment technology "end to end". This is so fundamental to our clients and to our growth process which allows us to tap into an abundance of Startup's that are being well capitalized in the Fintech segment and the expertise required, being specific compliancy and commercialization, which can hamper their success and timelines if not planned throughout the development process”, CEO Massimo Barone stated.
“In addition with several new tools & utilities becoming part of standard security and functionality today, it's become critical to clearly comprehend their interoperability path and how these new technologies will become layered into the development planning.”
SmartCard Marketing Systems said that its strategy is built on years of experience, developing and deploying payment solutions globally for individual customers as well as banks & telecoms. Its management works with acquirer & issuer members of the major card networks to underwrite the risk for these new technologies and enabling the management to introduce the ISV's and outline the risk factors. Once exposed, it then works towards compliancy – removing the unknown for financial institutions to better evaluate their underlying risk for their markets.
