Quisk Selected to Present at Technology and Innovation for Inclusion Event in Perth

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Innovative Quisk Digital Cash Solutions Enable Banks to Increase Financial Inclusion

Quisk, Inc. announced today that it has been selected to demonstrate its new digitized cash and mobile payments solutions at the Technology and Innovation for Financial Inclusion event in Perth, Australia, in late August hosted by the SME Finance Forum. Quisk enables financial institutions and others to digitize cash and offer cashless transactions and financial services for anyone with a mobile phone number. With an earlier version of their product already in-market in the Middle East, Quisk is demonstrating how its new cloud-based digital services platform can enable greater financial inclusion in other regions around the world.

As momentum and enthusiasm for digital financial services as a catalyst for financial inclusion grow globally, G20 Global Partnership for Financial Inclusion (GPFI) representatives from around the world will convene at the GPFI September 2014 Forum in Australia to discuss their commitment to financial inclusion. The GPFI is an inclusive platform for all G20 countries, interested non-G20 countries and relevant stakeholders to carry forward work on financial inclusion, including implementation of the G20 Financial Inclusion Action Plan, endorsed at the 2010 G20 Summit in Seoul.

The GPFI’s annual Forum will be preceded by a Technology Expo where Quisk will join a small group of companies invited to demonstrate promising technology solutions to senior leaders from financial institutions, development organizations, and governments from around the world committed to advancing financial inclusion.

“The opportunity for innovation around digital cash is significant. With over 6 billion mobile phones in the world and yet only 2 billion bank accounts, Quisk enables financial institutions and others to offer innovative digital cash services to bring new customers—who already have mobile phones—into the financial services world,” said Steve Novak, Chairman and C.E.O. of Quisk, Inc. “We are excited to participate in the Tech Expo alongside the GPFI and demonstrate how our cloud-based platform will enable anyone with a mobile phone number to realize the benefits of digital cash solutions.”

Matthew Gamser, CEO of the SME Finance Forum, a GPFI initiative managed by the International Finance Corporation, said: “We are delighted to have Quisk participate in the upcoming Technology and Innovation for Inclusion event. In a world still so heavily dependent on cash—making it hard for hundreds of millions of people around the globe to increase their standard of living, Quisk is one of a number of exciting technology solutions that promise real advances in financial inclusion in the coming years.”

About Quisk
Quisk, Inc. is a Silicon Valley-based technology company that digitizes cash and partners with financial institutions and others to provide safe, simple and secure cash-less transactions for anyone with a mobile phone number. Deploying cloud-based technology, the Quisk digital services platform not only works with any mobile phone number on any type of mobile phone, but also leverages existing Point-Of-Sale (POS) infrastructure.

The Quisk team is comprised of technology and payments industry veterans from CyberSource/Visa, PayPal, Apple, and HP. Quisk headquarters are in Sunnyvale, CA, with an additional office in Louisville, KY. Quisk operates in the MENA region through its subsidiary, MOBIbucks FZ LLC, located in Dubai, U.A.E. Learn more at: http://www.quisk.co.

Related resources:
Quisk company overview
Quisk digital cash solution overview
Quisk “The Next Step in the Evolution of Money” summary
Quisk “The Future of Money” white paper

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Dan Glessner
Quisk, Inc.
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Quisk, Inc.

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