Swiss bank giant UBS has invited innovators from around the world, a total of more than 600 applications from 52 countries, in search of new ideas and innovative solutions for its clients. This global open innovation competition is focused on finding ideas that will improve customer experience, efficiency of banking processes and safety of operations or develop superior banking offering.
The winner will not only receive cash rewards, but also an opportunity to test, implement and develop their ideas with the support of the one of the world’s leading banks.
PrimeKit™ is a cloud-based digital enablement platform for secure contactless mobile services: payments, loyalty, transport, tickets, ID and other. It is token-based, supports mobile wallet application services and complies with Visa and MasterCard security requirements.
Ukrainian company PriNum, an innovator in mobile commerce, has been selected as a regional finalist of the UBS «Future of Finance Challenge». The goal of the competition is to select the best innovative ideas that will disrupt the financial world and change the way banks work and how they meet clients’ needs.
To find out more about mobile cloud payments using HCE, visit the PriNum website. PriNum’s PrimeKitTM platform supports cloud-based solutions using HCE, EMVCo tokenization, trusted services management (TSM).