- Creative, innovative tools at the heart of fintech disruption
- Clients looking for flexibility, management tools provided by Consorteum’s unique UMI platform
- Consorteum focused on explosive growth forecast in online gambling market
The world of financial services has been disrupted, and fintech is the powerful force behind the change. At the heart of fintech are creative and innovative tools created to safely and efficiently deliver financial services to end users, who are learning that they can demand and receive efficiency, convenience and ease of use as they borrow, lend, pay and purchase. Consorteum Holdings, Inc. (OTC: CSRH) is playing a part in the fintech revolution with its Universal Mobile Interface™ (UMI) platform.
Broadly speaking, fintech refers to the technologies and businesses that are emerging to rival traditional banking and financial players. This includes a variety of services, including mobile payment solutions, crowdfunding platforms, online portfolio management tools and international money transfers.
Eight years in the making and with millions of dollars invested, the UMI platform provides the innovative flexibility for which businesses and organizations are searching. UMI allows clients to deliver and manage complex, digitally secure transactions servicing a broad range of vertical markets in the fintech space. Through UMI, businesses can deliver secure mobile content to a variety of end users across smartphones and other mobile devices, and the unique aspects of the platform mean that Consorteum can enter a variety of different markets that are in the business of providing mobile connectivity, secure transactional processing and social connectivity.
For companies looking for fully regulated, regionally compliant web and mobile financial and social transactions, UMI fits the bill. Consorteum’s UMI technology addresses the complex and highly regulated needs of the mobile fintech industry while also providing solutions for data analytics, secure payment processing, compliance lead transaction management and digital social event sectors. In addition, the UMI platform allows cross operating system development to support all mobile devices.
In addition to developing the UMI platform, CSRH has worked to position itself in the fintech arena with powerful strategic partnerships, license agreements and joint venture arrangements. The company has spent the last several years developing relationships and licensing agreements that enable it to participate in the rapidly developing fintech world, as well as associated verticals.
Currently, the company is developing its software and mobile publishing resources for a variety of mobile offerings — with an emphasis on the online and mobile gaming industry. One study from Juniper Research estimates that the online gambling market will double to nearly $1 trillion by 2021, with much of the growth coming from the use of mobile devices. As this growth continues, the need for a mobile platform to meet new and existing compliance regulations will become more urgent. Again, UMI meets the need, providing one-to-one marketing experiences for consumers; offering real-time services to Mobile Sports Book operators; and providing fixed odds betting solutions, as well as social-based transactional solutions.
For more information, visit the company’s website at www.Consorteum.com
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