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The company's M-Cash™ mobile reload service is a convenient way for consumers to securely fund prepaid reloadable cards with any Android mobile device and is available to all American Express prepaid card holders through Google Play.
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LAS VEGAS, NV - Security First International Holdings, Inc. a leading provider of mobile financial products and services for consumers, announces today their partnership with a Bank of America Merrill Lynch third party ACH service provider. This ACH CashPro service provider partnership will enable batch processing and settlement of funds to reloadable pre-paid debit cards for the company's M-Cash™ Wallet.
The company's M-Cash™ Wallet is a convenient way for consumers to securely fund prepaid re-loadable cards without needing cash - directly from an Android mobile device carrier bill.
"In a single daily session, we are now positioned to seamlessly initiate as many ACH transactions that are required to accommodate the millions of consumers looking to fund their prepaid reloadable cards without cash. Our partnership with a Bank of America Merrill Lynch ACH service provider positions our proprietary funding gateway M-Cash™ as a leader today with "no cash required" prepaid card funding. " says Brian Fowler, President.
Bank of America Merrill Lynch has been an ACH industry leader for over three decades and as the number one receiver of ACH payments and the third largest ACH payments originator, they respectfully process billions of transactions annually. Security First International Holdings confidently leverages this partnership to create a standardized and automated agile prepaid card funding strategy, which today is a top priority for all multinational corporations.
"Our M-Cash™ product is designed and readied for the adoption of and opening of new reloadable prepaid cards, which today are surpassing basic checking accounts with a trending opportunity expected at $440 billion by 2017. Security First International Holdings, Inc. is riding this wave of growth as the first reloadable prepaid card provider to marginalize the need for a cash load requirement through collaborations with a Bank of America Merrill Lynch ACH Service Provider and mobile carrier direct billing partnerships" says Chief Executive Officer, Teresa Ambroz.
LAS VEGAS, NV October 23, 2012 - Security First International Holdings, Inc. (SCFR.PK) announced today the recent application of the trademark for the sole use of the name "M-Cash". Security First International Holdings, Inc. is excited about the recent application of the company trademark "M-Cash", anticipating a great brand position in the mobile payment market for goods and services, which is expected to exceed $300B globally by 2013, according to Juniper Research.
"Mobile payment online is fairly well-established, but what has really pushed the technology mainstream is the success of smart phones and the leverage of direct carrier billing. The "M-Cash" processing service is intended to combine Google (NASDAQ:GOOG), Android devices direct carrier billing and prepaid reloadable cards through a mobile application. This will enable consumers globally to leverage buying power in a form of conventional credit for which they may otherwise not be privileged" says Brian Fowler, President.
Mobile payment solutions have been deployed as a means of extending financial services to the community known as the unbanked or under banked, which is estimated to be as much as 50% of the world's adult population.
"We believe "M-Cash" will capitalize on how easy it is to use a mobile phone as a pre-paid reloadable card funding mechanism. We plan on marginalizing the need for consumers to require established credit or cash to shop using these cards" says Teresa Ambroz, CEO.
LAS VEGAS, NV- Security First International Holdings, Inc. aka GamesGamesGames Technology, Inc. (OTC: SCFR.PK) announces several significant changes to the corporate management team including the resignations of Mr. Garduno Chavez and Mr. James R. J. Scheltema as the Company's Board of Directors and officers. The Company also announces the election of Teresa Ambroz, as the Chief Executive Officer and Director as well as Brian Fowler as President and Director.
Mr.Fowler, the new President, has extensive experience and a solid background in communication systems, programming and software solutions and is credited with building the world's largest Web PBX system with over five million extensions globally. He was instrumental in helping the globe.com raise capital to launch its 'glophone' product and currently holds three patents in the VOIP and telecommunications industries. Fowler brings a wealth of experience to Security First International Holdings and is clearly one of the leading visionaries in the communications industry.
Mrs. Ambroz brings a seasoned business perspective and consultative approach shaped by extensive experience in business management, brand building, online marketing, social media and corporate resources development. Over the past decade Ambroz has successfully owned and operated one of Toronto's leading online marketing agencies with satellite offices in the US. Coordinating the skills, efforts, and expertise of a growing network of associates, Teresa Ambroz has assisted a variety of high-profile businesses increase value across North America with a successful blend of strategic thinking, inspired creativity, and an intuitive sense of what works in today's business environment.
The Company accepted the resignations of Mr. Garduno Chavez and Mr. James R. J. Scheltema on August 09, 2012. Garduno Chavez and James R. J. Scheltema resigned to pursue other opportunities and management is not aware of any disagreement with Garduno Chavez and James R. J. Scheltema on any matter relating to the issuer's operations, policies or practices.
SCFR has instructed its attorneys to prepare the filings for publication with the OTC Markets Group. SCFR feels this will provide more transparency for existing shareholders and raise the comfort level of potential investors as well.
