As compliance and cybersecurity providers, RSI Security has the opportunity to work with forward thinking, innovative, and downright neat companies. This week, RSI Security has the pleasure of featuring our client: MK Decision, an up and coming startup company in the Financial Technology (FinTech) sphere. Known for their Credit Card Origination System (CCOS) that they launched in May of 2018 — which recently secured them a spot in the Money20/20 USA Startup Academy. For those of you who may not know what CCOS or Money20/20 are, allow us to provide some insight.
The Money20/20 USA Startup Academy recruits 100 of the industrys newest and brightest [startup] companies in the USA to participate in a special program prior to the annual Money20/20 FinTech event held in Las Vegas, attracting more than 11,500 attendees (including C-suite executives). It is quite the honor to be accepted and featured in the academy.
MK Decision was accepted into the academy due in part to their innovative Credit Card Origination System (CCOS) which allows banks to offer an online, paperless, streamlined experience to both consumers applying for credit cards and bankers issuing credit cards, through their online portal. As MK Decision says, Community Banks and Credit Unions that do not issue credit cards today can now leapfrog the legacy, paper-intensive processes into a completely digital yet predictably manageable platform.
Before the introduction of CCOS, that kind of online consumer/banker experience would not have been as accessible to local banks making this convenience nearly unobtainable. MK Decisions underlying mission is to grow local lending with modern technology.
We are proud to feature MK Decision as a bold and bright, progressive FinTech company and to have had the opportunity to be a part of their story in a small way.