This post is part of our live coverage of FinovateSpring 2014.
Then, Kofax demonstrated how it is making it easier to check balances on retail gift cards:
“Kofax is demonstrating how its new Mobile Capture Platform can help customers automate the process of checking balances on their retail gift cards. The demonstration shows how retailers can enable virtually any smartphone or tablet to hover over a card, detect it, automatically identify the vendor, and immediately display the available balance.The solution makes gaining access to gift card information more convenient for gift card issuers. It also gives vendors a cost effective tool that helps them deliver better service and faster transactions to increase customer satisfaction.”
Product Launch: January 2014
Metrics: Subsidiaries in 30 countries, >1,200 employees, 800+ channel partners, products available in 70+ countries, 20,000+ customers, NASDAQ & London Stock Exchange (KFX), $266.3M in revenue, $46.3M adjusted EBITA
Product distribution strategy: Direct to Business (B2B), through financial institutions
HQ: Irvine, CA
Founded: January 1985
Website: kofax.com
Twitter: @kofax