Platform combines API, mobile companion apps, HTML5 framework to create custom card control applications for financial institutions to serve billions of card holders
SAN JOSE, Calif. – August 18, 2017 – Ondot Systems, the leading provider of mobile based card services platform, has rolled out the industry's only multi-interface card control integration platform, which combines a server-side API, mobile companion apps and an HTML5 framework. Partnering with the world's leading mobile banking application providers, Ondot's platform provides financial institutions the capability to white label and seamlessly integrate industry-leading card control services into the mobile banking solution.
Within the platform, the server side API ensures that each bank can determine the best look, user interface and capabilities to meet consumer demand for card control services. The companion app sits within the bank's mobile banking app, providing the ability to establish a single sign-on, creating a consistent user interface and experience across all mobile services. The HTML5 framework enables banks to roll out card control applications quicker in mobile banking apps that support it.
"When it comes to delivering a great customer experience, consumers demand seamless performance from all of their banks' mobile services," said David Golden, Senior Director Product and Professional Services at Ondot Systems Inc. "Much as Facebook Messenger fits completely within Facebook, Ondot's Mobile Card Services platform can sit perfectly within any financial institutions' mobile banking app, which drives more mobile engagement as consumers establish their own card usage preferences."
Ondot Systems' mobile card services platform is designed to work with many leading mobile banking solution providers, including Alkami Technology, NCR's Digital Insight, Malauzai Software, FIS™ Mobile Connect, Access Softek, Inc. and Q2. Ondot's mobile platform provides unified application that can control all card settings, including card on/off switches, location-based controls, spending limits, fraud alerts, and transaction or merchant controls.
Banks can also choose to offer a standalone card control app that can be customized and white labeled with their own branding for customers who prefer card services without being a mobile banking customer.
"Banks using mobile card control services see an average increase in revenue of $30 per user per year," Golden said. "By providing the tools needed to make the experience seamless with the financial institutions' mobile banking platform, financial institutions can benefit from increased card use, reduced card fraud and greater digital engagement."
About Ondot Systems
Ondot Systems empowers cardholders to control their credit and debit cards. Bringing together a shared vision for revolutionizing how consumers interact with their financial institutions, Ondot's solutions leverage mobile and online apps that let consumers personalize when, where, and how their cards are used. Ondot is the most effective way to prevent fraud at the transaction level and increase digital engagement with card users.
Ondot Systems has its corporate headquarters in San Jose, California, United States and with development offices in India and South Korea. For more information, visit www.ondotsystems.com.