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
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.
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.
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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