Daily Archives: October 22, 2018

INVEX partners with Ondot to Launch the First Instant Digital Card in México

Solution accelerates digital transformation, acquisition and use of payment methods in México

Santa Clara, California and Mexico City, Mexico, Oct. 22, 2018 (GLOBE NEWSWIRE) — INVEX (BMV: INVEX A) Credit Card business, the only monoliner specializing in payments and cobranded cards, with focus on 100% digital customer experience in Mexico, has partnered with Ondot, the global leader in mobile payments services, to deliver full card life-cycle management associated with the ‘Instant Card’ on a single platform. The digital card services solution creates an end-to-end customer journey -from product presentment, selection, digital acquisition to instant issuance and secure payments.

Conversational platforms are becoming the new digital banking user interface. As consumers spend more time on messaging apps, IoT devices and social media, they require similar solutions from their financial institutions.

INVEX solution is built on Ondot’s mobile card services conversational platform and creates a two-way 100% digital interaction between the bank and its customers. This interaction is real-time, the customer is able to navigate, select, apply for a new credit card product, get approved instantly, use card for online purchases immediately and manage (controls and alerts) the new digital card -all from their mobile.

“To achieve digital mastery, banks need to invest in digital capabilities that reflect the entire customer life cycle and support customers across touchpoints”, wrote Aurelie L’Hostis, Senior Analyst at Forrester Research1. “The age of the customer demands that you align your digital capabilities with the customer life cycle. [Banks] should plan for cross-touchpoint behavior by designing processes that make it easy for customers to switch between touchpoints.”

Today’s digitally connected consumers expect detailed information about everything -including their payment product options, real time visibility into their card transactions, the need for secure controls and ability to instantly interact with their Financial Institutions over digital mediums.

“In a digital-first world where payments are becoming invisible and consumers expect instant gratification, card issuers must attract, acquire, and empower consumers with personalized digital experiences,” said Vaduvur Bharghavan, Ondot’s Chief Executive Officer. “Ondot provides a comprehensive set of services around the ‘digitized card’, integrated into existing mobile apps, card management systems, and authorization platforms”.

INVEX’s Digital Card Services Solution includes a wide array of robust features including:

  • Mobile Product Presentment & Selection –Users can browse INVEX’s diverse set of products to pick the right product that suits their needs.
  • Digital New Customer Acquisition and Instant Issuance –Digital application in real-time with instant approval and immediate purchases, delivering a frictionless journey.
  • Built in Card Controls & Alerts to personalize card usage -Ondot’s industry leading card controls and alerts in use by over 4,000 Financial institutions, benefiting millions of card holders, are included in the solution.

“Nowadays, credit card customers and digitally savvy generations, seek simplicity and immediate financial solutions through 100% digital channels. At INVEX, we are committed to consolidate our position as a player at the forefront of the Mexican consumer and payments market, providing solutions that meet these expectations,” said Jean Marc Mercier, Managing Director for INVEX´s Consumer Banking and Payment’s Business.

About Ondot Systems
Ondot Systems is the global leader in powering mobile payment services, serving over 4,000 financial institutions across four continents. The company’s real-time platform, built upon an API based services-oriented architecture, gives financial institutions a competitive edge by increasing mobile engagement and empowering their customers to personalize, manage and control how payments are made in today’s world of always-on digital commerce, resulting in higher usage of payment instruments while lowering fraud incidents. To learn how Ondot is shaping the future of payments, visit www.ondotsystems.com

About INVEX
INVEX is a Mexican business group that generates specialized solutions. With 27 years in the market, INVEX is composed of six business areas: Private Banking, Business Banking, Consumer Banking & Payments, Trusts, Leasing and Infrastructure. INVEX has been characterized by a consistent and sustainable growth. INVEX shares are traded on the Mexican Stock Exchange, under the ticker “INVEX A”.


1 Footnote Source: Forrester, Assess Your Digital Banking Capabilities, July 2018

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Gary Singh
ondot systems
+1 5105997758
gary.singh@ondotsystems.com

Daniela Visintini
INVEX Bank
+52 (55) 5351.6510
daniela.visintini@bm.com

Phase Genomics Announces 6 New Asia Pacific Distribution Partnerships

New cutting-edge tools and services to fuel genomic discovery in humans, plants, animals and microbiome research now available in South Korea, Japan, China, Singapore, Malaysia, Indonesia, New Zealand and Australia

Seattle, Oct. 21, 2018 (GLOBE NEWSWIRE) — Phase Genomics, the leader in Hi-C proximity-ligation based genomic solutions, announced today agreements with six life science technology distributors serving much of Asia Pacific. Phase Genomics sells Hi-C kits paired with proprietary analysis software that allows researchers studying humans, plants, animals, and microbes a time-saving and inexpensive genomic discovery platform. The Hi-C kit, contrary to traditional methods, provides an easy-to-use protocol that lets scientists generate a sequencer-ready Hi-C library from almost any sample in as little as eight hours.

Dr. Ivan Liachko, CEO and Co-founder of Phase Genomics commented, “With our new partnerships, Phase Genomics is proud to expand our reach and provide more scientists and researchers throughout Asia, Australia, and New Zealand with the tools, services, and analyses needed to produce the world’s best genome and metagenome assemblies. The results generated with our technology offer researchers a new dimension of genomic information, produce novel discoveries, and save scientists both time and money.”

Phase Genomics applies Hi-C and other proprietary proximity-ligation methods to enable chromosome-scale genome assembly, metagenome deconvolution, as well as analysis of structural genomic variation and genome architecture. The United States based company offers a comprehensive portfolio of laboratory and computational services and products, which are now available through the new Asia Pacific partnerships. Products include ProxiMeta™ Hi-C metagenome assembly kits and Proximo™ Hi-C genome assembly kits as well as industry-leading analysis services.

The non-exclusive distribution partnerships include:

Phase Genomics’ technology powers scientists to advance research with breakthrough discoveries in human disease, agricultural breeding and sustainability, animal health, reference genomes, and the environment.

ABOUT PHASE GENOMICS – Phase Genomics applies Hi-C and other proximity-ligation methods to enable chromosome-scale genome assembly, metagenomic deconvolution, as well as analysis of structural genomic variation and genome architecture. They offer a comprehensive portfolio of laboratory and computational services and products, including Hi-C kits for plants, animals, microbes, and human samples as well as industry-leading genome and metagenome assembly and analysis software.

Based in Seattle, WA, the company was founded in 2015 by a team of genome scientists, software engineers, and entrepreneurs. The company’s mission is to empower scientists with genomic tools that accelerate breakthrough discoveries.

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Eric Schudiske
s2s Public Relations
12063103597
eric@s2spr.com