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RapidValue Partners with Mitek to Demonstrate Credit Card Acquisition App at Citi Mobile Challenge U.S
Using RapidValue’s rBeacon platform, the solution recognizes potential customers, who are looking at high dollar items and flashes a credit card offer on the customer’s mobile device. Once the user accepts the offer, then the user is guided through the entire account opening process, with the help of a customized app. The particular solution, which is going to be demonstrated by Mitek along with RapidValue at the Citi Mobile Challenge, combines Proximity-Based Offer, Mobile Imaging, Identity Authentication and Apple Pay Integration for same day purchases.
The competition, which is hosted by Citi, is designed to accelerate digital banking innovation. This exhibition cum competition conducted by Citi (Citi Mobile Challenge U.S.) will bring the most talented developers and the most creative designers, together, on a common platform.
“RapidValue has partnered with Mitek to provide a solution, which is a mashup of RapidValue's rBeacon proximity based marketing solution, Mitek's Mobile Photo Account OpeningTM technology, Apple Wallet, and Authentication solution, to solve the current issues in obtaining in-store credit card. With the solutions, that we have put together, we help customers, banks and retailers in Target Discovery, Offer, Apply and Buy within 10 minutes. We are helping to eliminate the cumbersome process of the manual paperwork, time-consuming back office procedures and restlessly waiting for weeks to obtain the new card." says Kiran Elengickal, Director-Business Development, RapidValue Solutions.
RapidValue has been excited about the participation, since it is a big and prestigious event. It is glad to be associated with it and takes immense pride in announcing its partnership with Mitek for the demonstration of the financial mobile application.
To know more about the event, please click on the following link: