ICP Partners with IGT to Offer Customers Unique Opportunity to Transfer Account Balances to Bank Cards
July 13 2017 - 8:00AM
Business Wire
- ICP to integrate its OmniCommerce Processing Solutions into
several IGT systems solutions to enhance casino player experience
and create additional marketing opportunities and revenue streams
for casino operators -
Innovative Computer Professionals (“ICP”) a FinTech Corporation
and its affiliates: Security State Bank of Atkin, MN, Hallmark
Trust Limited of Turks & Caicos – both Key Principal Members of
Mastercard – announced today that it has partnered with IGT
(NYSE:IGT) to integrate its OmniCommerce® Software Platform into
several of IGT’s leading casino systems solutions. With the
combination of ICP technologies and IGT’s systems solutions, casino
patrons can transfer casino funds onto ICP-issued bank cards to
allow them to spend their cash.
Through the partnership, ICP is integrating its OmniCommerce®
Software Platform of products and Key Principal Mastercard
Membership issuance abilities with Security State Bank and Hallmark
Trust Limited. This includes credit/debit/prepaid card issuing,
point-of-sale, ATM, and ACH processing capabilities, into several
of IGT’s best-in-class casino systems products including IGT
Advantage®, Cardless Connect™, PlaySpot™ and EZ Pay®.
The OmniCommerce® Software Platform is currently installed and
operating in financial institutions in 17 countries and operates
programs in multiple languages and currencies.
Craig Potts, Chairman and Owner of ICP, stated, “We continue to
expand the ICP client list and our geographical reach. IGT is the
leading end-to-end provider in the gaming industry and working with
them positions ICP for significant new market opportunities.”
“Our partnership with IGT significantly enhances the consumer
universe that has access to our unique card products and platform,”
added Mr. Potts. “With the help of ICP technology, consumers will
be able to transfer account balances to a card that allows them to
spend, send or save their money globally. We expect this
partnership to accelerate our growth in the coming years.”
“IGT’s partnership with ICP strengthens our systems portfolio
with a cashless payment solution that our customers can leverage to
differentiate their casino floors and gain robust business
intelligence on and beyond the gaming floor,” said Sina Miri, IGT
Vice President Casino Systems. “Our goal is to modernize the casino
patron experience and eliminate unnecessary friction points such as
physical player loyalty cards and cash-only commerce. The
combination of the ICP-issued credit, debit, or pre-paid cards,
IGT’s Cardless Connect and cashless capabilities creates a highly
desirable, contemporary and secure user experience that can elevate
the player experience and enhance operational efficiencies.”
This partnership allows casino operators to create their own
custom design and program terms, enabling them to enhance their
branding while retaining all of the normal features and benefits of
a credit, debit, or prepaid card program. Notably, the card program
allows a casino to capture customer insights, creating a unique
marketing database opportunity for the casino, and creating
potential for a casino to generate additional revenue streams.
“IGT is committed to fueling our customers’ growth and providing
solutions that can help them attract the attention of an expanded
demographic of players, while meeting the changing needs of today’s
player base. Cashless solutions such as what we have created with
ICP establish a solid foundation for the next generation of gaming
payment solutions,” added Mr. Miri.
About ICP
Innovative Computer Professionals, Inc. a FinTech Corporation
was started in 1996 as a computer consulting company with an
emphasis on mainframe and client-server ATM and POS host systems.
ICP developed its own proprietary credit card issuance and
acquiring software platform with the OmniCommerce® Brand which was
first installed at a financial institution customer in 2000 and is
now being used in 17 countries and with multiple languages and
currencies. ICP Inc.’s mission is to design, develop, and deliver
innovative technology solutions through a commitment to integrity,
service and quality to its customers while providing a safe,
enjoyable, creative environment for its employees.
Craig Potts, the Chairman and Owner of ICP, has been involved in
the financial services industry as an entrepreneur throughout his
entire professional career for the last 25 years.
Craig Potts started Cash Systems Inc. in 1996 with a small loan
and some refurbished ATM Machines. In less than 8 years Craig
managed and built Cash Systems into the second largest cash access
service provider in the casino gaming industry. Cash Systems
(Nasdaq: CKNN) had annual revenues in excess of $156 million and
processed over $3.5 billion of electronic financial transactions in
the casino gaming industry. When Craig sold his majority interest
in Cash Systems in 2005 the Company was providing financial
services in more than 150 casinos and racetracks in multiple states
and countries and had more than 250 employees.
Today Craig Potts owns Security State Bank of Aitkin, a
102-year-old Minnesota State Chartered and FDIC Regulated Bank with
four branch offices and Hallmark Trust Ltd. of Turks and Caicos, a
key principal member of Mastercard. For more information, please
visit www.icp-inc.com.
About IGT
IGT (NYSE: IGT) is the global leader in gaming. We enable
players to experience their favorite games across all channels and
regulated segments, from Gaming Machines and Lotteries to
Interactive and Social Gaming. Leveraging a wealth of premium
content, substantial investment in innovation, in-depth customer
intelligence, operational expertise and leading-edge technology,
our gaming solutions anticipate the demands of consumers wherever
they decide to play. We have a well-established local presence and
relationships with governments and regulators in more than 100
countries around the world, and create value by adhering to the
highest standards of service, integrity, and responsibility. IGT
has over 12,000 employees. For more information, please
visit www.igt.com.
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version on businesswire.com: http://www.businesswire.com/news/home/20170713005319/en/
ICP Contact:John S. Jagiela, Esq., General
Counsel/Investor RelationsInnovative Computer Professionals,
Inc.Phone: 844-618-ICPI (4274)info@icp-inc.comorIGT
Contact:Michelle Schenk Global Communications, Gaming (702)
669-8177
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