Compass Plus enjoys success at FinovateFall 2012

18 September 2012

FinovateFall 2012, a demo-based conference for innovative startups and established companies in the field of banking and financial technology, took place on 12-13 September in New York, USA. Over 1,000 attendees came together to watch demos of the 64 participating companies’ latest innovations. Compass Plus was honoured to be selected as one such company chosen out of the hundreds of applicants to present at this exclusive event.

Compass Plus gave a seven minute presentation showcasing their innovative open development banking platform, TranzAxis, using an example of one of the many cutting-edge products and services that this platform can provide: the issuance of virtual prepaid cards from NEYVA Bank. Using a kiosk linked to the bank, Compass Plus demonstrated live on stage how a virtual prepaid card can be issued in just seconds. This service, built on TranzAxis took NEYVA Bank just 15 man days to develop, from concept through to go-live.

"We were delighted to present at Finovate and with the response and interest our demonstration generated. Finovate is the only event in the industry that showcases innovations in the payments arena that go beyond industry trends and standard technology developments. Being able to share an example of what our open development banking platform, TranzAxis, is capable of live on stage was very exciting and we look forward to continuing to demonstrate the advantages of this platform well into the future" commented Maria Nottingham, CMO at Compass Plus.

Become a bobsguide member to access the following

1. Unrestricted access to bobsguide
2. Send a proposal request
3. Insights delivered daily to your inbox
4. Career development