Sunnyvale, CA (PRWEB) December 15, 2014
Quisk, Inc. announced today that it has been selected to demonstrate its new digitized cash and mobile payments solutions at Finovate Europe in London from February 10-11, 2015. Based in Sunnyvale, CA, Quisk is a Silicon Valley-based start-up that partners with banks and merchants to enable anyone with a mobile phone number to use their money without needing cash or cards. With an earlier version of their product already in-market in the Middle East, Quisk is demonstrating various capabilities of its innovative cloud-based digital services and transaction processing platform.
Finovate Europe is a two-day demo-based conference held for innovative start-ups and established companies in the fields of banking and financial technology. The audience includes leading financial industry executives, venture capitalists, industry analysts, media, bloggers and other FinTech entrepreneurs.
“Although cash is becoming increasingly obsolete in the 21st century, 85% of all transactions around the world are still conducted in cash. We see a significant opportunity for innovation around digital cash,” said Steve Novak, Chairman and C.E.O. of Quisk, Inc. “Quisk enables banks and merchants to participate in the benefits of offering digitized cash solutions to consumers. We are excited to demonstrate our platform’s unique technology-agnostic approach, ability to leverage existing retail Point-Of-Sale (POS) systems, and simple, secure and compelling consumer experience.”
Eric Mattson, CEO of Finovate, said: “Finovate prides itself on showcasing the most ground-breaking and innovative ideas in the financial technology space, and we are excited to have Quisk demonstrate the capabilities of its cloud-based digital cash and transaction processing platform. In a world which is still so heavily dependent on cash, we think Quisk’s digitized cash solutions will be very interesting to banks that want to be more innovative in creating new all-digital offerings and providing financial inclusion to millions of people around the world.”
Quisk, Inc. is a global technology company that partners with banks and merchants to enable anyone to use their money without needing cash or cards. Deploying cloud-based technology, the Quisk digital services and transaction processing platform not only works with any mobile phone number on any type of mobile phone on any mobile network, but also leverages existing Point-Of-Sale (POS) infrastructure. The Quisk team is comprised of technology and payments industry veterans from Visa, Cybersource, Apple, and HP. Quisk headquarters are in Silicon Valley, 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
About Finovate Europe
Finovate Europe is a demo-based conference for innovative startups and established companies in the fields of banking and financial technology. Held in London, the event offers an insight-packed glimpse of the future of finance via a fast-paced, intimate, and unique format. Finovate Europe is organized by The Finovate Group. For more information on the event or to view videos of previous demos, please visit finovate.com