Carta Worldwide Selected to Present at FinovateFall 2012

Carta Solution Bridges the Gap to Make NFC Mobile Payments a Reality

NEW YORK--(BUSINESS WIRE)--Carta Worldwide is pleased to announce it has been selected to present at FinovateFall 2012, a conference showcasing best-in-class innovations from leading startups and established corporations in the banking and financial technology sectors. Carta was selected through a competitive application process, and is excited to demonstrate the company’s market-ready solution to enable NFC Mobile Payments.

“We believe that the mobile phone is going to revolutionize the way we pay”

Carta Worldwide will showcase the new Carta Connect NFC Mobile solution, a turn-key product for Issuers and Mobile Network Operators (MNOs) that brings NFC Mobile-Payments to market with a rapid and low-cost deployment model.

Utilizing a virtual account instantly personalized to the mobile phone, consumers can access immediate spending power with any NFC enabled-handset. This introduces a simple and convenient experience for consumer adoption, while providing added security through limited exposure of personal banking information.

By leveraging its underlying proven technology platform, Carta reduces setup and deployment costs, and minimizes the technical investment required for banks and MNOs to deliver mobile-payment products to market. Offered as an end-to-end product, or compatible with existing m-wallet applications, the uniquely flexible solution represents a key step in the mass-market adoption of NFC Mobile-Payments.

“We believe that the mobile phone is going to revolutionize the way we pay” said Brian Semkiw, CEO of Carta Worldwide. “With our leading technology and expertise and new applications for NFC and mobile technology Carta is at the forefront of the industry, making mobile payments a reality for today’s payments environment. We are proud to be recognized by Finovate for the innovation we are bringing to market.”

ABOUT FINOVATE:

About FinovateFall: FinovateFall is a demo-based conference for innovative startups and established companies in the fields of banking and financial technology. Held in New York City, the event offers an insight-packed glimpse of the future of money via a fast-paced, intimate and unique format. FinovateFall is organized by The Finovate Group. For more information on the event or to view videos of previous demos, please visit http://www.finovate.com/fall2012/

ABOUT CARTA WORLDWIDE

Carta Worldwide is an international leader in electronic payments and transaction processing technology, specializing in prepaid, mobile and emerging payments. Carta’s next-generation platform, specifically architected to meet the complexities of the evolving payments environment, excels where legacy systems are challenged; delivering end-to-end solutions that manage risk, enhance payment intelligence, and optimize client profitability.

Carta offers transaction processing and technology services along with a wide range of unique turn-key payment technology solutions that integrate payment applications, loyalty and processing technologies enabling clients to monetize exiting customer bases, drive new incremental revenue, and reduce costs. For more information please visit: www.cartaworldwide.com