CHARLOTTE, N.C., Dec. 7, 2015 (GLOBE NEWSWIRE) -- via PRWEB - Passport, the leading mobile payments provider in parking and transportation, has been selected to demonstrate its mobile innovations at FinovateEurope 2016.
The FinovateEurope conference will take place in London on February 9-10 of 2016. The FinovateEurope conference showcases cutting-edge technology in a unique demo-only format. Finovate conferences consistently attract large, high-impact audiences of senior financial and banking executives, venture capitalists, press, industry analysts, bloggers, regulators, and entrepreneurs.
Passport's technology provides municipalities with an all inclusive urban mobility solution. Passport has successfully launched its technology in large cities across North America such as Chicago, Boston, Toronto, Tucson, and Sacramento. The company processes high volumes of payment transactions on a daily basis while maintaining PCI DSS Service Level 1 compliance.
Passport's smart city solution includes multimodal options by creating an all app solution for parkers and public transit riders. This allows users to find the most efficient path to their destination, purchase their ticket, and even purchase parking all within the same app.
"Passport stood out to us as an innovator in the transportation space and we look forward to seeing their payment solution in action at FinovateEurope," said Eric Mattson, CEO of Finovate. "A multimodal concept of transportation has the potential to transform the way that citizens travel and make payments in their cities. This type of payment technology can increase efficiency, minimize costs, and reduce overall traffic congestion."
"We are extremely excited to have been chosen for Finovate," said Daniel Bliley, Marketing Director at Passport. "We believe our FinTech is helping change the way people are able to move in and around cities and this platform will allow us to show that to the world."
About Passport
Passport is the industry-leading mobile payments company specializing in integrated urban mobility solutions. The company provides feature rich software platforms that offer parking and transit agencies a more effective and efficient way to manage their operations and serve their customers. Passport's mobile payment systems are deployed in over 1,000 locations in 46 states and provinces across the US and Canada, with clients such as Chicago, Toronto, and Boston.
Headquartered in Charlotte, NC, Passport is backed by a highly respected group of investors, including Grotech Ventures and Relevance Capital. For more information, please visit http://www.gopassport.com
About FinovateEurope
FinovateEurope is a demo-based conference for innovative startups and established companies in the fields of banking and financial technology. Held in London, the event offers an insight-packed glimpse of the future of finance via a fast-paced, intimate, and unique format. FinovateEurope is organized by The Finovate Group. For more information on the event or to view videos of previous demos, please visit finovate.com.
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