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Innova Debuts Highly Anticipated InnoWallet at Money20/20
October 23, 2023
Boasting Seamless Transactions & Exceptional Experiences, the Future of Digital Payments Begins with Innova’s Trailblazing Digital Wallet Solution
ATLANTA—October 23, 2023—Innova Solutions, a global digital transformation solutions provider, has just launched its new InnoWallet platform to an audience of banking and financial services leaders at Money20/20 in Las Vegas.
At its unveiling, the company described InnoWallet as a cutting-edge digital-first platform specifically designed to facilitate virtual payments through a versatile digital wallet. The product boasts an array of advanced features, including QR codes, contactless virtual cards, and biometric authentication.
“Our cutting-edge InnoWallet platform acts as a seamless bridge for banks looking to enter the world of embedded finance as well as for digital brands aiming to extend digital wallet offerings to their clients,” said Uma Sankar Kopalle, Global Head of Innova’s Banking & Financial Services Solutions.
“With InnoWallet, banks can unlock new revenue streams and strengthen customer relationships while digital brands can enhance their services with ease. Together, we can create a foundation primed for growth, enabling both banks and brands to elevate their top lines and deliver the ultimate in virtual payment experiences to their valued clients.”
InnoWallet is set to provide an opportunity for banks to build stronger connections with digital brands through its competitive fees and value-added services. By offering innovative embedded payment products, banks can establish themselves as alternative providers—resulting in higher customer satisfaction and increased revenues through cross-selling and broader end-user adoption. Furthermore, InnoWallet provides a seamless and secure way to manage payments for digital wallet users. With features such as one-click payments and fast checkout, the platform makes it easier to pay for goods and services online.
“At Five Star Bank, we are constantly evaluating opportunities to expand our digital capabilities to better serve today’s consumers,” said Sean Willett, Executive Vice President and Chief Administrative Officer of Five Star Bank. “Innova’s new solution represents an innovative approach to embedded payments that provides value to merchants, consumers, and financial institutions alike. As digital experiences continue to influence customer relationships and behaviors, solutions like InnoWallet will empower banks to drive engagement through flexible payment options seamlessly woven into customers’ digital lives.”
Speaking from Money20/20, Shantala Sadananda—Innova’s President & Global Head of Banking, Financial Services, Communications, Media, Entertainment & Emerging Markets —added,
“Innova Solutions strives to transform the banking and financial services industry by leveraging state-of-the-art technologies to deliver tailored services, enhance efficiency and security, and enable superior decision-making. We are thrilled to unveil this innovative product and eagerly anticipate InnoWallet’s profound influence on digital enterprises, consumers, and financial institutions.”
To learn more about Innova’s InnoWallet solution, visit https://www.innovasolutions.com/industries/banking-financial-services/innowallet/ .
About Innova Solutions
Founded in 1998 and headquartered in Atlanta (Duluth), Georgia, Innova Solutions employs over 50,000 professionals worldwide and reports an annual revenue approaching $3 billion. Through global delivery centers across North America, Asia, and Europe, Innova delivers strategic technology and business transformation solutions to its clients, enabling them to operate as leaders within their fields. To learn more about Innova Solutions, please visit www.innovasolutions.com.
Media Contact
Elizabeth Miles
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