Equens the first pan-European, full-service payment processor and Vipera Plc, the cutting edge provider of mobile financial services and digital customer engagement solutions, today announced the launch of a mobile banking card control application for a leading German banking group, the first of such kind following the partnership formalised by the two groups earlier this year.
The App will provide the customers of the Bank with a dynamic range of bank and credit card management capabilities direct on their smart phone and represents a significant leap forward in the range of functionalities commonly available in the market place.
The Bank’s customers can now enjoy real time updates on all of their transactions allowing them connectivity to their card purchases and ensuring effective fraud management. In addition, users will be able to view their spending by category, see available credit line by card and be able to lock or unlock their cards for general use, internet use and use abroad, really putting them in control of their cards and giving them complete fraud protection in real time.
At the heart of this exciting new capability is Motif, under licence to Equens. Motif is Vipera’s proprietary dynamic engine which powers the mobile app with realtime transaction data enabling application connectivity in an instant for all users worldwide.
“We are very proud to be part of the service Equens is now providing to the Bank and enabling such a powerful application for the Bank’s customers. Vipera and Equens have produced a truly innovative application which will enhance user experience and give them even greater control and insight into their finances. From card and fraud management to personal financial control and the possibility of contactless payment through a single digital wallet, this new App is truly market leading.” stated Vipera co founder and CEO Marco Casartelli.
“This first fruit of our new partnership with Equens further reinforces Vipera’s position as a growing provider of mobile financial services. Our common mission is to ensure that future mobile payment technologies are as easy, simple and secure as card-based transactions are today and with the launch of this new App we are beginning to see delivery of exactly that.” added Casartelli.