The NFC software and systems company won the award for its superior product line and overall market strategy according to Frost and Sullivan (view press release).
“Our independent analysis of the Contactless Mobile Payment Market clearly shows that VIVOtech has emerged as the preferred provider of end-to-end NFC solutions in the United States and abroad,” said Vikrant Gandhi, principal analyst at Frost and Sullivan. “We attribute VIVOtech’s performance to its comprehensive product portfolio, proven capabilities and singular focus on driving innovation in NFC.”
Frost & Sullivan also compiled a detailed report outlining VIVOtech’s mobile commerce products, market strategy and leadership. The report claims that VIVOtech delivers “the key building blocks of the NFC ecosystem.”
Whitepapers
Related reading
Central banks best suited to issue digital currencies
By Aaran Fronda A recent report by the Official Monetary and Financial Institutions Forum (OMFIF) said that central banks rather than private ... read more
Instant payments: innovations inbound for corporates
In 2020, instant payments look set to continue their current trajectory to become the biggest trend in payments. While these schemes already offer numerous benefits to corporates, leveraging innovations such as APIs and request to pay will go some way to unlocking their full potential, argues Michael Knetsch
Obstacles exist for banks to meet ECB’s instant payments goal
The cost of joining instant payment platforms will be one of many hurdles banks and payment services providers must overcome to meet ... read more
Banks must be aware of “biases” in data used to train ML models
Financial institutions need to be conscious of biases in the historical data that is being used to train machine learning (ML) models, ... read more