Dynamics has won a number of international awards since its formation, such as Best of Show at FinovateEurope 2012, the Innovations Showcase Award at CES 2012, Best of Show at BAI Retail Delivery 2011, Best Hardware at CARTES & Identification 2011, Best of Show at FinovateFall 2011, Innovator of the Year 2011 at Pittsburgh Technology Council - Tech 50, Elan Awards Finalist at ICMA 2011, Best of Innovations at CES 2011, Best of Show at FinovateFall 2010, DEMOgod Award & People's Choice Award at DEMO Fall 2010, McGinnis Venture Competition 2009, Elevator Pitch First & First Prize Technology Prize at McGinnis Venture Competition 2009, the Kenda Capital Grand Prize Award, the Goose Society of Texas Grand Prize & the Opportunity Houston Technology Award at Rice University Business Plan Competition 2009, and Grand Prize Winner & Elevator Pitch Winner at the USF International Business Plan Competition 2008.
Dynamics is constantly creating new technologies that enable new products. With Dynamics' card-based technologies, card issuers can introduce new functionality to all cardholder segments. For example, consumers can now make payment-oriented choices on their card and, in turn, the card can deliver these choices to the card issuer at the point of sale. We call this heightened social interaction between a cardholder and their issuer as the Payments 2.0® space and are pleased to introduce a number of Payments 2.0® applications.
The device includes two buttons on the face of a card. Next to each button is a printed account number and a light source. A user can select an account by pressing one of the buttons. The card visually indicates the selection by turning ON the light source associated with the selected account. Additionally, the magnetic-stripe information associated with the account is written to the Electronic Stripe®. The card can then be swiped at any magnetic stripe reader.
MultiOption™ will work at any merchant where magnetic stripe readers are used. The face of the device is printed with a single credit account number and includes two buttons with associated light sources. A user can choose whether to use points or use credit at the point of sale by pressing the appropriate button. The card will then visually indicate the selection by turning ON the light source associated with the selected option. The magnetic-stripe information associated with the payment option is then written to the Electronic Stripe®.
The device includes five buttons on the face of a card and a paper-thin flexible display. The display hides a portion of a cardholder's payment card number. To turn the device ON, a user must enter a personal unlocking code into the card. If the user enters in the correct unlocking code, the card will then visually display the user's payment card number so that the user can read the number for online transaction. The magnetic stripe is then populated with the correct magnetic data such that the card can also be used with magnetic stripe readers. After a period of time, the display turns OFF and the Electronic Stripe® erases itself - thus removing all critical payment information from the surface of the card. If the card is lost or stolen, the card is essentially useless.
The Dynamics Instant Reward Platform provides credit card rewards instantly at the moment of purchase. Instead of waiting for a purchase to settle or the monthly statement to arrive, rewards are provided immediately. Within seconds of making a purchase in a store, a notification is generated via text or email of the rewards that were earned with a purchase. The Dynamics Instant Reward Platform also supports instant sweepstakes, allowing immediate chances to win exciting rewards at the point of sale. Additionally, the Dynamics Instant Reward Platform provides an ecosystem where any company can join and immediately become a reward provider.