Linqto Finalist of The Citi Mobile Challenge U.S.

Citi nominates Linqto Personal Banker among top innovating digital banking apps

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Nov 03, 2014, 03:30 ET

PACIFIC GROVE, Calif., Nov. 3, 2014 /PRNewswire/ -- Linqto Inc., a Silicon Valley company focused on delivering innovative videoconferencing and digital banking solutions, has been nominated one of the finalists of "The Citi Mobile Challenge U.S". Linqto Personal Banker, the company's latest application, brings together personal banking and tech savvy consumers' remoteness. The Citi Mobile Challenge U.S. is a virtual competition, which identifies the most promising "change agents" in the digital banking environment.

Linqto was chosen as a finalist in the Citi Mobile Challenge. Here is the entry video of the Personal Banker app that Linqto will present. Linqto Personal Banker turns any device into a neighborhood branch. A single tap on a mobile device will help customers to instantly launch live streaming and talk to a bank teller or officer.

"Shortlisting Linqto Personal Banker for The Citi Mobile Challenge U.S. gives us the amazing opportunity to leverage Citi's global platforms and to scale our solution for millions of banking customers worldwide. We're proud to be nominated along with such a remarkable list of innovators," said Linqto CEO Bill Sarris. "Personal Banker leads traditional banking toward the digital banking future. It's an honor to be a part of the New Banking World, a world where a customer can complete a transaction with one tap from any device and any place at any time."

Linqto Personal Banker turns any device into a neighborhood branch. A single tap on a mobile device will help customers to instantly launch live streaming and talk to a bank teller or officer. Clients can request regular operations, such as check deposit, funds transfer, setting up new accounts, or they can access financial consultancy regarding other bank products like loans, insurance or credit cards. Every operation is handled in real time.

If, at some point, there are too many solicitants, customers can wait in a virtual queue. As soon as a teller becomes available, they will receive prompt assistance. Basically there isn't any banking operation occurring at a physical branch that can't be carried out via Linqto's Personal Banker. It's the digital age meeting personal banking relationship.

Seen from the financial institution's viewpoint, Linqto Personal Banker is easily incorporated into existing IT software platforms. Besides solving the problem of stressful peak-times in branches located in prime commercial spaces, Linqto empowers experienced bankers from low-traffic branches who fear staff-reductions due to declining customer traffic. Personal Banker enables a unique solution for cutting costs and reducing branch closures: bankers from low-traffic branches can now service clients of busy branches at peak times.

Find more details about Linqto Personal Banker visit: Linqto.com or Linqto.com/personalbanker.

About Linqto: Linqto is a Silicon Valley-based software company specializing in enterprise solutions for the banking and fintech verticals. Linqto combines its specialized background in financial applications with a deep experience in streaming communications technology. Beginning as a suite of streaming media technologies for Stanford University, Linqto's clients have included Intuit, Digital Insight, NCR, PBS, Obama for America, MacNeil Lehrer Productions, YouGov, Marriott, Stanford and Santa Clara Universities and thousands of small businesses.

About The Citi Mobile Challenge U.S.: The Citi Mobile Challenge U.S. is a virtual competition organized by Citi which aims to encourage digital banking pioneering. The most creative and inspired software designers and developers in the world are brought together to create state-of-the art financial applications for Citi's Digital Banking Platforms.

Learn more about the competition and other finalists by clicking here.

Video - http://www.youtube.com/watch?v=X-9J-iPK3ew

SOURCE Linqto