Ostendo Consulting among "The UBS Future of Finance Challenge" regional finalists with its Electronic PIN Delivery solution

Swiss banking giant UBS is in quest for innovative and disruptive technologies that will transform banking industry. The UBS Future of Finance Challenge is a global competition aimed to select the best innovative companies developing products that could transform how banks are doing business today. Ostendo Consulting has been selected among 15 regional finalists, to present its Electronic PIN Delivery (EPD) solution in front of UBS – the world’s largest wealth manager, managing 2,2 trillion CHF in investments, in Zurich this November.

We have designed the product with strong global potential for which banks have shown instant interest, but to achieve the real global success we are in search for strategic partner or investor coming from our target market. This is why this nomination means so much to us. Being selected to 15 regional finalist of The UBS Future of Finance Challenge is already a great success. I sincerely doubt we could imagine better place in the world to present our work.

Ostendo Consulting’s (www.ostendogroup.com) patent pending solution EPD is designed to fully replace traditional PIN mailer and deliver payment cards PINs using electronic channels such as SMS or internet. Solution increases user experience and security, lowers delivery cost and allows card holders to use their cards the moment they got them.

Ostendo Consulting is an information security consulting, research and development company established in 2011 in Zagreb and London.