PACIFIC GROVE, Calif., Nov. 13, 2014 /PRNewswire/ -- Today Linqto Inc., a Silicon Valley software company specializing in streaming video technology and financial services apps, has been named one of ten "FinTech Companies To Watch" in American Banker's 2014 FinTech Forward Rankings. Linqto Personal Banker, the "mayday" button for mobile banking apps, enables face-to-face remote banking with one tap. FinTech Forward published their annual rankings of the top tech players leading digital banking trends.
"This marks the first official recognition of Linqto Personal Banker as a part of the new tech wave that shapes the future of the banking industry. We're extremely honored, especially since Linqto just launched Personal Banker six weeks ago, at Finovate Fall 2014," said Linqto CEO Bill Sarris. "Digital banking faces a paradigm shift to accommodate smaller screens in the mobile and wearables verticals. Personal Banker provides a one-tap connection between bank employees and customers by using direct video, audio and text communication available on any mobile device."
Linqto Personal Banker enables the full spectrum of banking services on smartphones and tablets. With one tap on their phone, bank customers can instantly have a real-time connection with a bank representative. The connection between the client and a banker is completely private, with no involvement from other intermediaries. Transactions or financial consultation are handled in real time.
Almost all banking operations that someone can conduct at a physical branch can be completed via Personal Banker. It's face-to-face banking taken to a new level. For example, a bank's customer can deposit checks, transfer funds from one account to another, set up a new account, or get information about other bank products such as a loan.
From the bank's perspective, Linqto Personal Banker is directly embedded within the bank's current technology infrastructure. No major software engineering changes are required. A key advantage is that Personal Banker facilitates the distribution of customer-banker interactions traffic: low-traffic branches can service customers during peak times at other high-traffic branches. The bank increases utilization , avoids branch closures, and enables small-footprint or popup branches.
About Linqto: Linqto is a Silicon Valley-based software company specializing in enterprise solutions for the banking and educational verticals. Linqto combines its specialized background in financial applications with a deep experience in streaming communications technology.
About FinTech Forward: Fintech Forward is an American Banker, Bank Technology News and Bank Administration Institute initiative focused on providing accurate information to support bankers' future decisions. The program features annual rankings such as "Top 10 Tech Companies to Watch" aimed to include top technology providers for financial services companies. The ranking is developed to identify the key drivers of banking technology.