"We're very pleased to be entering into a business venture with
Smart Mobile Rewards is a
In addition, Mobile Lads and Smart Mobile Rewards will jointly develop authentication products to allow the creation and implementation of more sophisticated and higher value voucher and loyalty products. Authentication has been a stumbling block for merchants seeking to increase the scope of their loyalty products. Loyalty products, such as those offered by Smart Mobile Rewards, have grown exponentially over the past decade and now represent a multi-billion dollar industry of its own.
The Xtreme Mobility Assets include software and associated patent(s) related to mobile payment authentication and processing. The flagship product, xmVerify, is a real-time mobile transaction security service that prevents credit card fraud by giving users control over the authorization process when making purchases. xmVerify sends a transaction authorization request directly to the user's mobile phone to ensure authenticity; the user then interacts with the transaction request to verify the authenticity of the transaction. The product uses one of the best cryptographic services and is in compliance with all available platforms.
Keywords for this news article include: Software, Legal Issues.
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