Gary Hamel Identifies How Organizations Can Win in a World of Relentless Change and Unstoppable Innovation in What Matters Now

February 2nd, 2012 by Bank Loan | No Comments | Filed in News

Hoboken, NJ (PRWEB) February 01, 2012

Leaders today confront a world where the unpredictable and unprecedented are the norm. Whether it is next generation employees shunning blue chips for social start-ups or hundred year-old business models being rendered irrelevant overnight one sees the exceptional and the extraordinary wherever one looks.

About the only thing a leader can be sure of is that what worked yesterday is unlikely to work today, let alone tomorrow. If ever there was a need for fundamentally new thinking about capitalism, management, leadership, and innovation, and how these things are directly tied to competitive success, it is now. In “What Matters Now: How to Win in a World of Relentless Change, Ferocious Competition, and Unstoppable Innovation” (Jossey-Bass; February 2012; $ 26.95; 978-1-118-12082-8) leading management expert, and acclaimed author of The Future of Management, Gary Hamel lays out the essential agenda for building organizations that can thrive no matter what.

In a world of fractured certainties and battered trust, some things matter more than others. While the challenges facing organizations are limitless; leadership bandwidth isn’t. That’s why leaders have to be clear about what really matters now. What are the fundamental, make-or-break issues that will determine whether an organization thrives or dives in the years ahead?

Hamel has the answer: What matters now, more than ever, is that managers expand their sense of stewardship and embrace timeless values such as truth, prudence and fairness. Unfortunately, these virtues have been notably scarce in recent years–particularly in the citadels of capitalism. Whats needed is a values revolution in business and everyone who has a stake in the future of capitalism will have to do their part.

This book contains 25 hard-hitting, wisdom-filled chapters in five sections. With brutal honesty, cutting-edge examples and iconoclastic thinking, Hamel identifies five issues that are central to success in an age of head-snapping change – values, innovation, adaptability, passion and ideology. Among the critical topics covered


????How to turn ordinary employees into inspired, extraordinary innovators
????How to build organizations that are as nimble as change itself
????How to reverse the ratchet of control and set the human spirit free at work
????How to rebuild the moral foundations of capitalism
????How to weave Web 2.0 values into your companys management model
????How to defeat bureaucracy and manage without managers
????How to invert the pyramid and really put employees first

“What Matters Now” is not a book about doing better. Its not a manual for people who want to tinker at the margins of their organization. Instead, its an impassioned plea to reinvent management as we know itto rethink the fundamental assumptions we have about capitalism, institutions, and life at work. This is not a book that fetes todays winners. Its not a celebration of companies that have been doing great so far. Instead, its a blueprint for creating organizations that are fit for the future and fit for human beings.

For more information, please visit http://www.managementexchange.com/ or follow him on Twitter at @profhamel

About the Author:

Gary Hamel (Silicon Valley, CA) has been called the world’s “most influential business thinker” (Wall Street Journal) and “the leading expert on business strategy” (Fortune). His landmark books have appeared on every management bestseller list. He is also author of 17 articles for the Harvard Business Review and articles for the WSJ, Fortune and Financial Times. He is on the faculty of the London Business School and consults with many of the worlds most influential companies. He is director of the Management Lab and is leading a pioneering effort to crowdsource the future of management.

###





Tags: , , , , , , , , ,

Change in Consciousness about God and Religion Revealed in a New Book by Reynaldo Budhi

December 28th, 2011 by Bank Loan | No Comments | Filed in Bank

New York, NY (PRWEB) October 13, 2011

A wake up call for the Filipinos sleeping consciousness about God and religion is penned in a book titled An Open Letter to Juan Dela Cruz : A Letter to My Little Brown Brother by retired Filipino immigrant in the United States, author Reynaldo R. Budhi.

The book is a product of Budhis motivation to bring evolutionary changes in the thinking and attitude of his countrymen and the rest of the world on religion and the idea of God. Modern civilization has dulled the visions and aspirations of the Filipinos because they have become used to a life that is mostly centered in material enrichment and personal gratification. It explains religion as a malady, and a medicine, crafted by man for his rapacious nature. It is not a cure-all for mans sufferings but merely a palliativean excuse to live another day and hope for the best in this world of tears. It attempts to create a cloud of mystery in justifying divinity and the hope for eternal life. Man had crafted ways to promote his god and to maintain competition with each other, which is clearly an essential component of his survival and the survival of his particular creed.

Budhis book believes that religion is the gateway to knowledge of humanity and should be taught in honest and realistic terms instead of allowing its use as a tool of shady politics and material greed.

For more information on this book, interested parties may log on to http://www.Xlibris.com.

About the Author

Reynaldo R. Budhi wrote this book in the hope of bringing changes to the religiosity of his countrymen in the Philippines. He is 69 years old and has retired from government service three years ago. He is a Licensed Certified Public Accountant who has practiced over 35 years as an accountant, auditor and bank examiner in private and public entities. He was once a bank examiner with the Central Bank of the Philippines before immigrating to the United States in 1973. He is blessed with four sons all living in the United States and Taiwan. His wife is a public school teacher and had just retired. He concluded his professional life by joining the New York State Banking Department in 2001, also as a bank examiner. He retired in July of 2006 and immediately started writing this book. The contents of this book are outside the field of his expertise in terms of his education, training and orientation. But, his motivation is the thought that his message might bring evolutionary changes in the thinking and attitude of his countrymen in the Philippines and the rest of the world on religion and the idea of God. In his view, religion is the gateway to knowledge of humanity and should be taught in honest and realistic terms instead of allowing its use as a tool of shady politics and material greed. He believes in God but not in the same traditional notions taught by demagogues. His experiences and definition of God is very personal and believes that communion with Him is only possible through the mind and heart of a true believer.

An Open Letter to Juan Dela Cruz * by Reynaldo R. Budhi

A Letter To my Little Brown Brother

Publication Date: October 10, 2011

Trade Paperback; $ 19.99; 141 pages; 978-1-4653-6463-0

Trade Hardback; $ 29.99; 141 pages; 978-1-4653-6464-7

eBook; $ 9.99; 978-1-4653-6465-4

Members of the media who wish to review this book may request a complimentary paperback copy by contacting the publisher at (888) 795-4274 x. 7879. To purchase copies of the book for resale, please fax Xlibris at (610) 915-0294 or call (888) 795-4274 x. 7879.

For more information on self-publishing or marketing with Xlibris, visit http://www.Xlibris.com. To receive a free publishing guide, please call (888) 795-4274.

# # #





Tags: , , , , , , ,

The Annie E. Casey Foundation Appoints Ryan Chao Vice President, Civic Sites and Community Change

December 6th, 2011 by Bank Loan | No Comments | Filed in Loans

Baltimore (PRWEB) November 30, 2011

The Annie E. Casey Foundation today announced the appointment of Ryan Chao, the current executive director of Berkeley, Calif.-based Satellite Housing, as vice president of Civic Sites and Community Change, a position that will oversee the Foundations community change investments including its most significant community transformation initiatives in Baltimore and Atlanta.

We are delighted that Ryan Chao will lead our efforts to build sustainable communities in some of the countrys most disinvested neighborhoods, said Patrick McCarthy, president and CEO of the Casey Foundation. Ryan is an exceptional leader with the skills and on-the-ground experience needed to help struggling communities become places where families can succeed.

The Foundation has invested in innovative work in the community change field for two decades through initiatives such as Making Connections and Rebuilding Communities that addressed concentrated poverty in sites across the country. Current Foundation investments in Atlanta and Baltimore, called Civic Sites, represent places where Casey implements neighborhood-based strategies designed to increase the economic, educational and housing opportunities for families. In the coming years, Casey will expand this approach to other neighborhood development projects.

Chao, who will join the Casey Foundation on March 1, 2012, is recognized nationally as a community development leader. He has received national awards from Bank of America, MetLife and Affordable Housing Finance Magazine and has participated in fellowships from the Annie E. Casey Foundation and Harvard’s Achieving Excellence Program. He is recognized for creating innovative partnerships that connect communities with housing for seniors, families and people with special needs.

I am honored to be selected by the Annie E. Casey Foundation and for the opportunity to contribute to the Foundations important place-based work, Chao said. I look forward to joining Jim Caseys legacy of strengthening fragile children and families, building models that engage the community, and helping to deliver new opportunities for Americas most vulnerable populations.

Chao joined Satellite Housing in 2001 and served as director of housing development until he was appointed executive director in 2004. As director of housing development, he led the revival of housing development activities, created and managed a pipeline of eight affordable housing projects totaling more than 500 units, and created innovative partnership models for housing linked with comprehensive services specifically designed for people with developmental disabilities. He identified and secured funding to support all phases of each development.

As executive director of Satellite Housing, Chao leads a 135-person staff that provides housing services to 12 cities in five California counties. He develops and manages affordable housing that serves very low-income seniors, families and people with special needs. He oversees the operations of more than 1,700 units in 28 properties with 15 new projects in development throughout Northern California. He leads a senior management team responsible for the organizations new housing development, property management, resident services and financial management. In his role, Chao creates and manages relationships with a broad constituency of funders, community leaders, elected officials and neighborhood partners.

Chao has developed service programs and partnerships that serve as models for the field. Under his leadership, Satellite Housing has instituted or expanded numerous innovative programs, including an in-house paratransit service and landmark programs focused on civic engagement, prevention of social isolation and cutting-edge technology to assist frail seniors and the deaf. He also serves as an industry leader in advocating for policy changes that reduce disparities for low-income people and communities.

Before joining Satellite Housing, he oversaw grants management at the Upper Manhattan Empowerment Zone, the nations largest empowerment zone initiative. He also has been a loan officer for nonprofit, housing and health care finance at Atlantic Bank of New York.

Chao earned a Bachelor of Arts in architecture at Washington University in St. Louis, where he graduated cum laude in 1994. He earned a Master of Business Administration at the New York University Stern School of Business in 2001. He also participated in Harvard’s Achieving Excellence Program.

The Annie E. Casey Foundation is a private charitable organization whose primary mission is to foster public policies, human-service reforms and community supports that more effectively meet the needs of todays vulnerable children and families. For more information, visit http://www.aecf.org.

###





Tags: , , , , , , , , , , ,

Change Your Gears with Unsecured Car Loan

November 8th, 2011 by Bank Loan | No Comments | Filed in Loans

Change Your Gears with Unsecured Car Loan

Article by Andrew Baker

A car has become a necessity rather than a luxury. The invention of new technology in cars make them gaining. It is very difficult to stay away from your favourite car. The urge to buy your favourite car makes you to go for the loan, so that you can fulfill your dreams as early as possible.

You can avail two types of car loans as under: -

*Secured car loans

*Unsecured car loans

Generally car loans are secured loans as you have to put your car as collateral against the repayment of the car loan. Unsecured car loan is the perfect car loan for those who can’t or who are not willing to pledge collateral against the repayment of the car loan. These types of loan generally have higher interest rate. Unsecured loans are the loans that anyone can avail from a tenant to a homeowner. As there is no need of any collateral in this type of loan, so there is no need to put your car as collateral. Unsecured car loan comes with higher interest rates as compared to secured car loans. Also your previous credit score plays an important part in defining the interest rate for unsecured car loans. If you have a perfect credit score, then you may have the privilege of availing lower interest rates. Lack of perfect credit score limits your options to higher interest rates.

The down-payment under unsecured car loan depends on your credit score and on your monthly income. You can make use of the internet service to search from a large collection of lenders who can lend unsecured car loans. You can find a variety of repayment options so that you can easily pay your loan amount. It is to be kept in mind that you choose best suited option as per your requirements and necessities. While selecting any unsecured car loan be sure that you have the complete knowledge about the terms and conditions related to the loan. It is required to select right lender for your unsecured loan.

You can easily improve your credit score as long as you pay regular installments. Check out various loan quotes related to unsecured car loans so that your loan application process stay trouble free. While you take care of these points an unsecured car loan can easily make you in the front seat of your dream car. Unsecured car loan leaves you tension free with the lack of collateral. Make a right move by choosing a right unsecured loan.

Andrew Baker has done his masters in finance from CPIT. He is engaged in providing free, professional, and independent advice to the residents of the UK. He works for the Secured loan web site loans fiesta for any type of loans Unsecured Car Loans, Cash Loans, Personal loans, Unsecured Debt Consolidation Loans, Loans UK please visit http://www.loansfiesta.co.uk










Tags: , , ,

Al Gore Climate Change Film Receives Major Award

August 10th, 2011 by Bank Loan | No Comments | Filed in Bank

(PRWEB) October 2, 2006

An Inconvenient Truth, the Climate Change film featuring Al Gore, was one of the winners at the annual IVCA Clarion Awards which took place at BAFTA in London on September 29th.

The Awards, presented by Moira Stuart, are given for the best examples of ethical communications and were launched four years ago as the first of their kind in the world to celebrate media responsibility across all delivery platforms.

Mainstream media winners included: BBC?s ?Woman?s Hour?, ?Talking Scotland? and ?It’s Not Easy Being Green?; RTE Ireland’s celebration of ?Samuel Beckett’s Centenary?; and The National Theatre in London for both the play ‘Southwark Fair’ and its ‘Connections Programme’ for young people. Among other winners were: Barclay’s Bank, Honda, Toyota, Serco, Nationwide and Friend’s of the Earth.

Vernon Ellis (International Chairman, Accenture), Julia Cleverdon (Chief Executive, Business in the Community) and Gary Withers (Chairman & Managing Director, Imagination) received Champion Awards for their outstanding contribution to ethical communications. The event was attended by senior figures from Government, Business and the Arts.

# # #



Tags: , , , , , , , ,

Pioneer Insurance Agency Announces Name Change to Pioneer Financial Services and Welcomes Additional Financial Advisor

July 13th, 2011 by Bank Loan | No Comments | Filed in News

Easton, Maryland (PRWEB) June 10, 2011

Pioneer Insurance Agency, Inc. announced that it would immediately begin operating under the new name Pioneer Financial Services, Inc. (?Pioneer?) to better define its available services. Also, due to the Agency?s recent growth, Pioneer welcomes Ian D. Weisser to its financial advisory team.

Pioneer Financial Services is a two generation family-owned firm that has provided financial services to individuals on the Delmarva Peninsula and in the Mid-Atlantic region for over 30 years.

Greg Frankos, lead financial advisor says, ?We have always provided both insurance and financial related services; however, over the last few years there has been a clear trend towards current and new clients increasing their time and attention towards portfolio management, retirement planning and investment analysis. In general, the current economic climate has made individuals more aware that gone are the days of checking off a products list to create a full portfolio, rather people need to really understand what is going on in the marketplace and learn how it might or might not affect their future.?

The belief at Pioneer remains that achieving financial security and independence results from having the right tools available in order to make intelligent, deliberate decisions regarding a client?s financial goals. In addition, Pioneer Financial Services is backed by the vast resources of Hornor, Townsend & Kent, Inc., a wholly owned subsidiary of The Penn Mutual Life Insurance Company.

With an enhanced focus on financial advisory services, Pioneer recently welcomed Ian D. Weisser as its newest financial advisor.

Weisser has more than 13 years experience as a financial advisor and is also an investment advisor representative of Hornor, Townsend & Kent, Inc. He specializes in retirement planning, more specifically, hands-on equity and fixed income managed portfolios. Weisser also believes in aligning with his clients? interests by providing fee-based services rather than the conventional commission-based account.

About Pioneer Financial Services

Pioneer Financial Services (?Pioneer?) is a two generation family-owned firm that has provided financial services and products to individuals, families and companies on the Delmarva Peninsula and in the Mid-Atlantic region for over 30 years. Pioneer?s financial and benefits professionals help clients design, implement, and continually review their unique financial objectives, being mindful of the fast paced and often volatile economic climate in which we live. To learn more about Pioneer Financial Services, visit http://www.pioneer-fs.com or contact Greg Frankos, lead financial advisor, at 410.820.8844 or gfrankos@htk.com.

Registered Representative of, and Securities and Investment Advisory services offered through Hornor, Townsend & Kent, Inc., Gregory Frankos, Registered Investment Advisor, Member FINRA/SIPC, Pioneer Financial Services, 11 Bay Street. Easton, MD 21601, 410.820.8844, is independent of HTK. A1JC-0512-18

###





Tags: , , , , , , , , , , , , ,

How do Stock Prices Change?

May 19th, 2011 by Bank Loan | No Comments | Filed in News

How do Stock Prices Change?

Article by Samantha Asher

There are basically two main ways to profit from buying stocks. First, many corporations pay dividends to their shareholders. They may pay 50 cents per quarter for each share you own. This is not required of a corporation, so you may or may not be paid dividends.

You can also earn a profit through capital gain. When you buy stock, you will pay a certain price. If in the future the price goes up, and this is what you want it to do, you can sell it and make a profit. Subtract what you paid for what you sold it for and this is your capital gain.

Investors are usually hoping to make capital gains when they buy shares of stock. People who are in or nearing retirement may prefer high dividend paying stocks that are stable for a source of income, but for others, dividends aren’t where they expect to make most of the money.

Stock prices have to increase if you want to make capital gains. Stock prices vary from day to day, so how do you know that it will go up? What makes stock prices change all the time?

The price of stocks goes up and down the same way that the price of anything else goes up and down. It is an economic principle of supply and demand. Maybe you remember that from your economic class.

An increase in supply with the same demand will decrease the price. An increase in demand with the same supply increases the price. The price changes depending on whether and how supply and demand change.

The price of a stock will go up if there are more people wanting to buy than willing to sell. The price of a stock will go down if there are more people wanting to sell than there are willing to buy.

Once you understand supply and demand, you can understand how to make capital gains. You should try to purchase stocks that you feel will be a very popular buy in the future.

About the Author

Do you want to know how do stocks work? Find out if you should choose the stock market or bond market to invest in.

Tags: , , ,

How A Bank Loan Can Change Your Life  

January 1st, 2011 by Bank Loan | No Comments | Filed in Loans

How A Bank Loan Can Change Your Life  

Article by Danny Aaron





It would be nearly impossible to find someone who would turn down the offer of a bulk sum of cash. On a daily basis, everyday, ordinary people find themselves fantasizing about what they would do with a nice extra boost of cash. Some people feel that obtaining a decent sum of money, the kind of sum of money that could change their lives, is impossible. This is not necessarily true. Opening the door to solving so many financial problems could be as simple as walking into your nearest bank.

A lot of people turn to bank loans in difficult financial times, or at times when they just need a nice cash injection. There are almost hundreds of different reasons why someone would need a bank loan. With the multitudes of personal loan sharks offering to lend out money, usually coupled with exorbitant interest rates, a lot of people prefer the security and reputability of approaching a bank. With an established bank, there is at least the peace of mind in knowing that the company has the ability to lend you the money, and allow you to repay it at fair and reasonable rates. A good bank will assess your affordability, and will treat each customer as an individual in the loaning process.

Many people obtain a bank loan for the financing of their motor vehicles. Cars are usually quite expensive, and even a regular motor vehicle can be quite costly. Regardless of the make and model of vehicle, the price tag will usually be a lot more than most people have lying around in their bank accounts. Obtaining a bank loan for a motor vehicle is a safe, reliable method of getting those wheels you always wanted.

Another high number of people will approach their bank for a loan when they want to improve on their home. Home improvements can be quite costly, and getting a bank loan can be the necessary investment that is required to make your house the home of your dreams. In addition to having a more pleasant living space, you will also be enhancing your investment and increasing the value of your property. This way, even the money that you paid back in interest rates is replenished back to you.

There are so many reasons why people need a bank loan. They could need the money for a wedding, funeral, for education costs or some expensive purchases. Regardless of the reason, approaching a bank for a loan is always a good idea. If you obtain a loan from a bank you will always be able to rest in the peace of mind that you have gotten your money from a respectable place, with the right paperwork and regulations in place. Most banks will also usually have different loaning divisions based on your loan needs, so that everything is specialized. They will also be able to help you every step of the way, so that you fully understand the loaning process, what is expected of you and what paperwork you require to apply successfully.

About the Author

Danny Aaron manages the website http://www.creditcardsandloans.co.za, a website devoted to offering the best bank loan information for consumers in South Africa.

Tags: , , ,

New American Funding Says Hope for Homeowners Program Needs Change

December 14th, 2010 by Bank Loan | No Comments | Filed in Bank


Irvine, CA (PRWEB) April 10, 2009

Government programs to help homeowners don’t work. So says Rick Arvielo, president of New American Funding, a fully delegated FHA lender that works distressed borrowers through successful write-down negotiations and loan modification activities. Borrowers have inundated the company with requests for the Hope for Homeowners product since Congress’s creation of the program in October 2008.

“The government’s desire to provide financing to borrowers in distress or even the appetite of investors to own those loans mean very little unless every group or organization in the process is willing to participate. One missing step will derail the whole strategy,” Arvielo says. “The major banks that retail loan centers, independent brokers and smaller interim banks rely on as a necessary step in the funding process do not have any desire to fund and own the responsibility of collecting payments from borrowers that are clearly in distress.”

Even though a borrower’s “loan” amount is ultimately guaranteed by Fannie, Freddie or FHA, the responsibility for the payment collections falls squarely on these major banks. Due to current rising default rates, the banks simply do not want the added workload, risk and upfront cost associated with borrowers that have displayed a pattern of not paying their mortgage, regardless of the reason, Arvielo says.

Can you blame them?

Arvielo says he was very frustrated when Hope for Homeowners was introduced. New American Funding was anxiously anticipating a windfall of business opportunity when the guidelines were first released, but when Arvielo called his contacts at all of the large institutional lenders — on which all mortgage banks rely to sell loans — he was met with zero interest in cooperating with the program.

“Out of frustration, I went toe-to-toe with one of the major investors at the Mortgage Bankers meeting in San Francisco, where I even brought up the fact that they had just received billions in TARP money and weren’t going to use any of it for the Hope for Homeowners program when this gentleman said something to me that stopped me in my tracks,” Arvielo says. “He said, ‘If we would agree to buy these loans from you, where you are on the hook for the borrowers’ first four payments, the typical timeframe for a mortgage bank, or you would have to buy the loan back…what would you do?’ Admittedly, I am no longer an advocate for the program.”

Arvielo says the next time money and time is spent creating a program to help homeowners, the government needs to apply a little discovery to the systemics of actually originating and funding loans. The government might also do well to get the major banks to “sign off” on the program and agree to some level of support, Arvielo says.

“The Hope for Homeowners program should have included a ‘First payment default’ guarantee and money earmarked for the servicing of these loans. Then, it might have had a chance,” Arvielo says.

For more information on New American Funding or president Rick Arvielo’s position on the Hope for Homeowners program, visit www.newamericandirect.com.

About New American Funding

New American Funding is a HUD approved FHA direct lender. The company staffs an expert team of loan specialists that can help homeowners get out of an existing adjustable rate mortgage and into an affordable 30-year government insured loan. In addition, New American Funding staffs a full team of loan modification specialists to assist homeowners in saving their homes from foreclosure.

# # #





Tags: , , , , , , , , ,

Retail Payment Privacy Revolution Initiates Payment Sea Change

October 20th, 2010 by Bank Loan | No Comments | Filed in Bank


Wi-Mexx Logo


Tokyo (PRWEB) August 4, 2010

Bankers in major financial centers around the world are buzzing and bracing for the introduction of a new payments system that completely changes the business model of payments. Wi-Mexx International, an enabler of Mobile and Internet Banking, is the first payment model that makes payments free, private and secure. Wi-Mexx moves all payments back inside the regulated banking system. More than that, Wi-Mexx completely changes the business model of payments, removing transaction fees and replacing that cost with new revenue streams for banks and retailers.

“Absolutely ingenious” – Strategy Head, Global Retailer

Wi-Mexx unwinds 60 years of payment infrastructure and process to transform payments from the age of identity to the age of privacy. In a world where identity theft is rapidly becoming the world’s number one adult fear, Wi-Mexx makes electronic payments as private as cash. Wi-Mexx ensures that no personal information, name, account or demographic information ever leaves the privacy and security of the regulated banking system.

“Will dramatically reduce fraud” – Head of Fraud and Security, Global Bank

Wi-Mexx links anonymous retail data to the supply chain to completely collapse the information supply chain, removing cost and simplifying planning, distribution and financing. Aligning the physical and financial supply chains has long been seen as the ‘pinnacle of commercial banking’. These savings will ultimately pass through to consumers, significantly increasing consumer purchasing power and increasing the competitiveness of the countries in which Wi-Mexx operates.

“Will change payments forever” – Operations Head, Global Bank

From anonymous warranty registration to product recall, Wi-Mexx provides unparalleled possibility for consumers to save time, money and worry through Wi-Mexx’s privacy assured ‘Apps Store Applications’. Wi-Mexx Apps only require ‘handle’ registration ensuring complete anonymity of the customer. Consumers never need to disclose any personal information to Wi-Mexx, the retailer or the manufacturer. Once registered, consumers will have unparalleled access to retail information ensuring they are better informed, protected and empowered.

“Phenomenal” – former CIO, Major International Insurance Company

Wi-Mexx is presently in commercialization discussions with many major International, Regional and Domestic Banks, Retailers, Telecoms and Post Offices in major financial centers in Asia, Europe and the United States. Steve Monaghan, Wi-Mexx International President and CEO said “The simple premise behind Wi-Mexx is to push all payments and personal information back into the regulated banking system. Protect the consumer. Protect the retailer. Wi-Mexx only uses non-confidential market information to help banks align the physical and financial supply chains for the benefit of all. We could never have predicted the overwhelming response from stakeholders in so many countries around the world. They universally see elegance of our simplicity and the power of our potential”.

This patented-pending service is planned to launch the first live trial in selected countries in the third quarter 2011 and to roll out a full payment platform to market by first quarter 2012.

# # #





Tags: , , , , ,