i2c to Present Strategies for Postal Services to Diversify and Profit from the Digital Economy at POST-EXPO 2018

Payments and Financial Services Offerings Provide Postal Services New Ways to Serve the Consumer and Create New Channels for Revenue and Growth

REDWOOD CITY, Calif. - October 3, 2018 - i2c, a leading global provider of payments processing technology and services, today announced that CEO and Founder Amir Wain will present at POST-EXPO 2018 in Hamburg, Germany on strategies for postal organizations to leverage modern digital payments technologies to expand revenue and growth. Wain will present Going Beyond Parcel Delivery: Financial Services Opportunities for Postal Organizations” on Monday, 8 October at 14:15 CEST.

“Offering digitally-engaged consumers a wide range of payments and financial products is an innovative step forward for postal companies looking to transform their value proposition and create new revenue streams,” said i2c Founder and CEO Amir Wain. “Given the fact that every household is a postal services customer, postal organizations are in a unique position to provide new and expanded financial and payments services.”

Though mail volume is declining in today’s digital economy, more consumers worldwide are looking to postal operators for financial services, which now accounts for 26% of global postal industry revenue. Concurrently, the global payment cards market has experienced 7% growth in Europe and North America and 13% in other regions.

POST-EXPO is the leading global event for the world’s postal, parcel and express business. i2c’s booth is located in Hall B2-140.

i2c Completes Purchase of Office Building in Omaha as Rapid Growth Continues

REDWOOD CITY, Calif. - September 25, 2018 - j2c, a leading global provider of payments processing technology and services, today announced the purchase of a premier office building in Omaha, Nebraska to facilitate strong company and customer growth worldwide. Upon completion of renovations, the 29,000 square foot facility will house the company’s Omaha operations center, which i2c opened earlier this year at a separate location. The new space will be used to expand the company’s account management, operations, and client services divisions and will also house a Network Operations Center (NOC). The company plans to create 300 new positions within the Omaha operations center’s first year.

“Our business is experiencing robust growth, and we are thrilled to continue our investment in Omaha’s thriving financial technology community,” said Peg Johnson, EVP of Global Client Success at i2c and Omaha native. “The acquisition of this office space gives us the opportunity to build out a work environment that brings the innovative energy and atmosphere of Silicon Valley to Omaha, different from the environment at First Data where I spent nearly 20 years of my career.”

The property, located at 808 North 108th Avenue, offers an ideal location with easy access to transportation. The Omaha center is the second major operations center in North America, following the opening of a center in Montreal, Canada in 2016.

i2c Expands Leadership Team with Addition of Veteran Executive

Joe DeRosa Brings Expertise in Customer-Focused Marketing and Sales Growth Strategies

REDWOOD CITY, Calif. – April 16, 2018 – i2c, a global provider of smarter payments and integrated commerce solutions, today announced that it has appointed Joseph DeRosa as executive vice president of Global Sales and Marketing. Reporting directly to i2c’s Chief Executive Officer Amir Wain, Mr. DeRosa is responsible for accelerating revenue growth and overseeing the company’s global marketing, sales, sales operations, and sales enablement functions.

“i2c’s reputation of high availability, flexibility, and quality service has been driving our rapid growth,” said i2c founder and CEO Amir Wain. “We are investing in strengthening our sales and marketing organizations as we continue on our path to $1billion in revenue. Joe’s deep understanding of sales and marketing functions, intense focus on customer success,and track record of delivering high-growth results make him a perfect fit. Joe is an important strategic addition to i2c, and I am proud to have him join the executive team.”

Mr. DeRosa has more than 25 years’ experience building sales and marketing organizations, having achieved record-setting revenue results across multiple industries including Fintech, Financial Services, Insurance, SaaS, and Telecom. Prior to joining i2c, Mr. DeRosa was a principal with Sales Benchmark Index, a management consultancy specializing in sales and marketing. He has led revenue functions for companies including Paychex, Intuit, Merrill Lynch, and Employers Insurance Group. Mr. DeRosa has earned a reputation as a thought leader with intimate knowledge and understanding of the customer and buyer mindset. He is a frequent blogger on marketing, sales, and leadership topics and is the author of The Customer Mindset: Thinking Like Your Customer to Create Remarkable Results

“i2c delivers unique value to our customers’ brand promise, and I am thrilled to be part of a team dedicated to payments innovation and sales and marketing excellence,” commented Mr. DeRosa. “My career has focused on understanding what motivates customers and drives success, and I look forward to applying my passion for customer advocacy at i2c.”

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FINCA Microfinance Bank selects AutoSoft’s Core Banking to automate its banking operations

FINCA Microfinance Bank has signed up with AutoSoft Dynamics (Pvt.) Limited (AutoSoft) to deploy the AutoBANKER Premium core banking suite. The solution includes a state of the art Core Banking Platform as well as modules for consumer financing, treasury management, fixed assets and MIS reporting. The upgrade will support FINCA Pakistan’s operations across multiple verticals.

The decision to procure AutoSoft’s Core Banking System by FINCA Pakistan for its operations is of crucial importance. It is in line with the bank’s strategic objective to follow a focused digital strategy that includes modernizing its software systems to facilitate its nationwide expansion.

FINCA chose to deploy AutoBANKER Premium - Global Banking System after evaluating eleven banking solutions from local as well as global providers, including Oracle FLEXCUBE through Techlogix, and Temenos T24 through NDC TECH. An independent risk assessment of the short-listed vendors was performed by KPMG prior to selection. AutoSoft’s system was selected based on superior financial and technical evaluations, particularly in its ability to synergize, co-exist and evolve alongside FINCA’s digital platform - SIMSIM. FINCA’s system upgrade onto AutoBANKER from BiLOGiC Systems Inc. hPLUS will provide software enhancements in the form of improved quality, reliability, performance in addition to new features.

Mr. Mudassar Aqil, CEO of FINCA Microfinance Bank commented on this occasion, "FINCA is determined to play its part to increase financial inclusion in Pakistan, leveraging the digital channel that is growing exponentially. This system upgrade will allow FINCA’s operations to become extremely nimble, and will serve as the backbone for complete automation of our branch banking services. As a result, offering tailored products and services to our customers would become easier and speedier as the system integration with the SIMSIM platform will digitize the delivery of microfinance products to our low income entrepreneurs.”

FINCA Bank has been using AutoSoft’s AutoHRM – Human Resource Management System since 2015 for the automation of its HR operations and AutoMWALLET, a complete, powerful, mobile payments and Service Delivery Platform to power its SIMSIM wallet since 2016.

“We are proud to be further strengthening our relationship with FINCA Microfinance Bank by joining hands as their core banking solution partner.” said Sadia Khan, CEO of AutoSoft. She further added, “This win is another example of how we continue to support our customers as their software requirements evolve; allowing them to pay as they grow. Both teams are determined to make this implementation another benchmark for the industry and I have no doubt that the AutoBANKER suite shall support FINCA’s business needs and accelerate their business growth enabling them to make better strategic decisions”

STACK Selects i2c for its New Mobile Money Management Platform

i2c's Agile Processing platform will power STACK, a new alternative to traditional banking

TORONTO, Feb. 20, 2018 /CNW/ - STACK today announced its selection of i2c, a global provider of smarter payments and integrated commerce solutions, as its official payments processor to enable secure payments through the STACK app and the STACK Prepaid Mastercard card. i2c's advanced Agile Processing payments platform will enable STACK to build and rapidly scale personalized payments functionality to its members. STACK is a mobile app for fee-free money management, accompanied by a STACK Prepaid Mastercard. Member benefits such as real-time rewards, financial iQ, and curated offers provide a lifestyle-focused approach to financial services.

Leveraging i2c's payments processing platform, STACK gives members the convenience and security to make purchases anywhere Mastercard is accepted, including in-store and online, and will ensure transactions adhere to fraud rules and spending limits.

"STACK is designed to provide smarter solutions to the way we interact with our money," said Miro Pavletic, CEO of STACK. "Our selection of i2c as our payment processor is aligned with our mission to work with partners that provide innovative and efficient solutions so we can deliver a seamless and secure member experience from start to finish."

"Helping our clients create and scale innovative and highly-differentiated payments solutions to their customers worldwide is our core competency," said Amir Wain, i2c's founder and CEO. "STACK is pushing the boundaries of financial innovation, and we look forward to helping them give their members a smarter way to spend, save, and share money, straight from their smartphones."

Accessing i2c's Agile Processing platform via API (application programming interface) integration allows STACK to quickly scale and expand product functionality and roll out feature-rich, secure payments solutions that attract members through superior user experiences and innovative capabilities. STACK will also use i2c's integrated voice response system (IVR) to provide convenient and intuitive self-serve customer service options.

STACK is currently in private beta, scheduled to launch publicly early this year.