[February 21, 2018]

VeriTran to Debut Open Ecosystem for Building Apps in Record Time at Mobile World Congress 2018

VeriTran, a leading company in digital banking and payment solutions, will take part in the next Mobile World Congress (News - Alert) (MWC) Barcelona 2018, the most important global mobility and technology event. The company will be launching their VeriTran Open Ecosystem, which enables banks to engage with the new banking community to speed up the construction time of next-generation apps.

During this event, VeriTran will have a stand located at Hall 7, Stand 7J17, where they will show how--through the use of their open ecosystem--banks could drastically reduce their time-to-market and significantly minimize costs, and obtain complete control of their digital strategy.

"With VeriTran Open Ecosystem, banks can take advantage of the world's best practices without need to develop products from scratch, and they will be capable of building their own apps in a very short time, as never imagined by the financial industry before. One of the benefits of this solution is that it is open for every player in the industry, whether the bnk internal team, external developers, fintech or other vendors can maximize their innovation & business opportunities. So, each bank will be capable of customizing their application as needed through an ecosystem of components, business templates and services with a plug & play approach," says Marcelo González, VeriTran's CEO.

The company business model is flexible enough to cover every industry who wants to tackle its digital transformation. VeriTran Open Ecosystem is an opportunity for strategic partners and investors who wants to be part of this new digital age business.

"This is a great time to promote banking digital transformation, the challenge lies in being able to stay ahead of customers' expectations by delivering scalable, agile and flexible products capable of allowing dynamic changes to address the new digital age paradigm. VeriTran is focused on cutting down the development time of banking mechanisms while dematerialize operations for customers," says the company's CEO.

About VeriTran

We are a leading company in digital banking and payment solutions that speeds up, through its Omnichannel platform, the digital transformation, enabling banking industry a faster time-to-market.

We create and optimize convenient and secure user experiences, integrating data and features of traditional systems with new digital capabilities.

VeriTran Wallet, a white label solution for digital payments enables HCE, online and in-app payments in the same application, providing connection to network TSPs (such as Mastercard MDES, Visa TSP).

Our solutions are currently implemented in 35 banks, reaching out 10 million users who carry out more than 4 billion secured transactions annually.

For more information visit: www.veritran.com or contact us [email protected]

View source version on businesswire.com: http://www.businesswire.com/news/home/20180221006073/en/

[ Back To Mobile World Congress's Homepage ]