NEW YORK, March 24, 2017 /PRNewswire/ - SmartCard Marketing Systems Inc (OTC: SMKG) joining the ranks of the major Fortune 1000 companies to grow the Fintech market segment. The company's 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.
SmartCard Marketing Systems Inc. strategy is built on compounded years of experience & success both developing and deploying payment solutions globally for individual customers as well as Banks & Telecoms. The company's management works with Acquirer & Issuer Members of the Major Card networks to underwrite the risk for these new technologies. This allows management to introduce the ISV's and outline the risk factors. Once exposing any factors that may pose a risk and then working towards compliancy removing the unknown for Financial Institutions to better evaluate their underlying risk for their markets.
CEO Massimo Barone Stated "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. 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."
About Fintech - Payment Services Industry Trends
Global Fintech funding continues to grow. After it hit $19 billion in total in 2015, worldwide Fintech funding hit $15 billion by mid-August 2016. The U.S., Europe, and the Asia-Pacific (APAC) region led the way in attracting the most Fintech investment.
Accelerators and incubators set up by legacy players and their tech partners are encouraging this growth, as these programs place Fintech companies on the cutting edge of business ideas, along with a first-mover advantage if they want to invest in or acquire startups.
About SmartCard Marketing Systems, Inc.
SmartCard Marketing Systems Inc. (SMKG: OTC) is a Fintech payment accelerator Co & solutions provider to the payments industry, delivering cloud-based EMV host Acquiring & Issuing solutions to banks, telecoms and enterprise customers. In addition, the company's in-house advisory services offer customers proprietary software solutions including Genorocity.com, a coupon and incentive platform for the Retail & Events industry, Check21SAAS.com a Remote Deposit Check solution for X9 clearing and VelocityMWallet.com, a transaction payment ecosystem for alternative payment solutions & processing. For more information, go to www.smartcardmarketingsystems.com.
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SOURCE SmartCard Marketing Systems Inc (SMKG)