Kofax Mobile Capture SDK Enhances Gift Card Capabilities

Kofax® Limited (NASDAQ: KFX), a leading provider of software to simplify and transform the First Mile™ of customer engagement, and Blackhawk Network, Inc., a leading prepaid and payments network, today announced an OEM agreement that will enable the patented Kofax Mobile Capture™ SDK to be integrated within Blackhawk’s digital services platform. This feature will make it easier to spend, share and keep gift cards secure and take the friction out of onboarding new cards and checking card balances.

Kofax Mobile Capture SDK, working within Blackhawk’s digital services app, enables GoWallet users to simply hover their iOS or Android mobile device over any gift card to instantly retrieve and validate balance information, as available, and store that information within the GoWallet digital wallet.

"Blackhawk Network has developed strong relationships with major retailers and payment systems which gives it a competitive edge in supporting digital wallets," stated Drew Hyatt, Senior Vice President of Mobile Capture Applications at Kofax. "Kofax Mobile Capture adds valuable user functionality to GoWallet and to Blackhawk Network’s digital platform, and benefits Kofax by adding Blackhawk to our growing list of mobile industry leaders.”

"Kofax’s capture solution enables our customers to easily place their cards into GoWallet or another mobile wallet using the Blackhawk digital services platform," commented Tomas Campos, General Manager Digital & Emerging Services at Blackhawk Network. "Working with companies like Kofax provides our innovative solutions even more practical implementations in the digital wallet space.”

GoWallet is a free online and mobile service that makes it easy to keep all your gift cards in one place and within easy reach anywhere you go. Create a GoWallet account to start managing and tracking your gift cards in one secure location through the GoWallet mobile app which is easily accessible while you are on the go.

See a demo of the Kofax Mobile Capture SDK with Gift Card Reader and download the GoWallet mobile app.

About Blackhawk Network

Blackhawk Network Holdings, Inc. (NASDAQ: HAWK and HAWKB) is a leading prepaid and payments global company, which supports the program management and distribution of gift cards, prepaid telecom products and financial service products in a number of different retail, digital and incentive channels. Blackhawk’s digital platform supports prepaid across a network of digital distribution partners including retailers, financial service providers, and mobile wallets. For more information, please visit www.blackhawknetwork.com and www.giftcardmall.com.

About Kofax

Kofax is a leading provider of software to simplify and transform the First Mile™ of customer engagement. Success in the First Mile can dramatically improve the customer experience, greatly reduce operating costs and increase competitiveness, growth and profitability. Kofax software and solutions provide a rapid return on investment to more than 20,000 customers in financial services, insurance, government, healthcare, supply chain, business process outsourcing and other markets. Kofax delivers these through its direct sales and service organization, and a global network of more than 800 authorized partners in more than 75 countries throughout the Americas, EMEA and Asia Pacific. For more information, visit kofax.com.

Forward-Looking Statements

This press release contains certain forward-looking statements that are indicated by words such as "expects," "will," "plans," "intends," "committed to," "estimates" and "is." No assurance can be given that any of the events anticipated by the forward-looking statements will transpire or occur. Accordingly, actual results may differ materially and adversely from those expressed in any forward-looking statements. Neither Blackhawk nor any other person can assume responsibility for the accuracy and completeness of forward-looking statements. Various factors could cause actual results to differ materially from those in any such forward-looking statements, many of which are beyond Blackhawk’s control. Blackhawk undertakes no obligation (and expressly disclaims any such obligation) to publicly update or revise any forward-looking statement, whether as a result of new information, future events or otherwise. For additional information, please refer to Blackhawk’s most recent Form 10-K, 10-Q and 8-K reports filed with the SEC.

© 2015 Kofax Limited. Kofax is a registered trademark and Kofax Mobile Capture SDK is a trademark of Kofax Limited. All other registered trademarks and trademarks are the property of their respective owners.

Media Contact:KofaxLaura BrandlinDirector, Communications+1 (949) 783-1545laura.brandlin@kofax.comorInvestor Contacts:MKR Group Inc.Todd Kehrli+1 (323) 468-2300kfx@mkr-group.com

Kofax (LSE:KFX)
Historical Stock Chart
From Nov 2024 to Dec 2024 Click Here for more Kofax Charts.
Kofax (LSE:KFX)
Historical Stock Chart
From Dec 2023 to Dec 2024 Click Here for more Kofax Charts.