CMEY News: Building an S1 roll out is the case of CMEY is nothing short of building let's say a new World Bank for example. If you can envision building a new bank worldwide, a bank in between people [not in the traditional sense and not Internet] you begin too understand the complexity and security needed from [software set of computer programs, procedures, and associated documentation concerned with the operation of a data processing system], too [firmware programs and/or data structures that internally control various electronic devices], too hardware of course.
Creating a secure and trusted platform for end-to-end users.
This is another important step in the process of getting it RIGHT.
Right now I could give flyingflip about currrent PPS, it just doesn't matter!
Press Release Source: cMoney, Inc On Thursday September 22, 2011, 7:32 pm EDT
HOUSTON, TX--(Marketwire -09/22/11)- cMoney, Inc. (Pinksheets: CMEY.PK - News) is a Houston-based company that is at the forefront of global mobile phone-based payments and money transfers, including the use of the POS and ATM payment systems. The cMoney solution utilizes secure patent pending technology for mobile phone users, retailers, and financial institutions, and continues to innovate and strengthen the cMoney brand globally.
cMoney and SVX Global announce the formation of a Strategic Partnership Agreement, which will provide additional and more comprehensive capabilities to each other's customers globally.
cMoney will provide a monetizing solution for SVX Global and in return, SVX Global will provide cMoney with interfaces to offer SVX Global customers centric permission based data sharing as well as a collaborative platform to cMoney customers. The partnership will simplify the process of sharing trusted information for both companies between their customers, whether individuals or small businesses, and their network of trusted service providers. This combined offering will be far more comprehensive than similar 'Vault' based offerings currently on the market.
Paul Matthews, cMoney CEO, states, "I am looking forward to being able to offer and simplify our customers' interactions with their different and diverse suppliers. The use of their cell phones, with cMoney's flexible solution, will be further enhanced by integrating SVX Global's superior platform."
Trevor Sinclair, Managing Director of SVX Global, explains, "The Secure Value Exchange/SVX application has developed a proprietary business model with patents granted in the UK, Australia, NZ, and pending in the US and Canada."
SVX is an enterprise Web 3.0 Suite of Customer Centric application that currently provides its customers and small businesses with a secure portal that has a single login. Customers have the ability to manage all of their financial transactions using one simplified solution. The SVX application provides its customers with the ability to build and automate their financial profile and securely share designated data and documents (incorporating European Privacy Protocols). SVX examines its customers' data to provide conclusions based on desired outcomes and financial optimization.
Mr. Sinclair added, "We view SVX, now with cMoney, as comparable to a 'Secure Financial Facebook'; the creation of a killer application which is IP protected. We have seen cMoney as a potential Strategic Partner in commercialization for some time."
About SVX Global
SVX Global is an Australian technology company that licenses products and services based upon its proprietary Secure Value Exchange (SVX) platform. The SVX platform supports configurable, permission based information sharing and collaboration, simplifying the process of sharing information and trusted data between our direct customers, which include small businesses, and their network of trusted service providers.
SVX is a secure, customer centric and permission based value exchange that has the potential to transform service provisions in the financial services, health care, and government services sectors.
SVX Global licenses products, services, and mobile applications based on the SVX Platform to banks, 401k funds, wealth management services and Small Medium Enterprise accounting intermediaries. This will assist our partners by improving their customers' needs and product usability. It will also reduce costs to serve while driving new revenue opportunities.
For more information, visit www.svxglobal.com or contact Trevor Sinclair: tsinclair@svxglobal.com
About cMoney, Inc.
cMoney, Inc., a Houston-based technology company that provides innovative secure mobile payment solutions for mobile phone users, retailers and financial institutions, has developed an innovative way to send money and pay for goods and services using a mobile phone and the text messaging system protected by patents. Scheduled to debut in 2012, the pioneering technology will create a "virtual wallet" that will eliminate exposure to identity and credit card theft for users. It can be used anywhere that cash, checks, ATMs or credit cards are accepted. For more information, visit www.cmoney.com or contact contactus@cmoney.com
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