TIS' MobiPAY Wins 2015 IT Innovation Award (IT Innovationspreis)
Apr 30, 2015 9:51 a.m. ET
TEL AVIV, Israel and COLOGNE, Germany, Apr 30, 2015 (GLOBE NEWSWIRE via COMTEX) --
Top Image Systems, Ltd. TISA, -1.49% a global innovator of intelligent content processing solutions, today announced that from over 5,000 applications submitted, TIS' innovative mobile photo bill payment app, MobiPAY, was one of ten selected in the "Best App" category of the prestigious 2015 IT Innovation Awards (IT Innovationspreis). For each of the 41 categories an independent jury of industry experts selected first, second and third place winners and recognized the top ten "Best" products and solutions in each category.
The photo-initiated, self-service bill pay application, MobiPAY, was named one of the top ten entries in the Best App category. Consumers can easily take a photo of a bill to automatically add biller and related billing data, and then pay that and future bills from that supplier with a few clicks on their smartphone. The app replaces time-consuming and inconvenient manual bill payment processes in the bank branch or via an online portal. As consumers invest time to upload the payee data for their standard monthly bills into the application, they are much more likely to retain the app and use it repeatedly. This provides highly-valued "customer stickiness" for the banks and enterprises who offer mobile bill pay.
"The IT Innovation Awards are tangible recognition of TIS's innovative approach, technological superiority and leadership position at the cutting edge of mobile imaging. We are proud to receive an IT Innovationspreis award for another solution in our mobile portfolio for a second year in a row," remarked Isaac Rome, TIS' VP Mobile Solutions.
"TIS continues to invest in developing our mobile image capture platform which drives innovative user experiences and back-office efficiency. We are committed to helping enterprises and financial institutions transform their business processes by leveraging our mobile technologies to delight customers and gain market share along the way."
