23 November 2017
visit www.solutions.lexisnexis.com

GlobeOne partners InvestaBank and Bankaool to bring m-banking tech to Mexico

19 March 2015  |  2905 views  |  0 Source: GlobeOne

GlobeOne, a new financial technology company, today announced a partnership with InvestaBank and Bankaool that will bring GlobeOne's mobile banking solution to Mexico later this year.

Through this new partnership, GlobeOne will provide a mobile interface for a suite of financial services offered by InvestaBank and Bankaool in Mexico, bringing bank services to those who are currently underserved by existing financial services.

"Only 45% of the population in Mexico has a bank account, which is why this partnership is an exciting development for Mexican consumers," said Michael Wolper, GlobeOne member and Chief Marketing Officer. "Through GlobeOne's growing global network, consumers will have access to the basic financial services necessary to build a strong financial future, and banks will have a new platform to serve the many digitally connected Mexican consumers who do not participate in the traditional, brick-and-mortar banking system."

GlobeOne leverages mobile technology to provide a digital banking solution that is expected to launch in the United States and Mexico in the fourth quarter of 2015. As new banking partners are secured around the world, additional countries will join GlobeOne's integrated global network. GlobeOne's innovative app will offer paperless checking, a security savings account, a line of credit, domestic and international transfers between GlobeOne members, and access to the global income-building SocialBoostTM program, which gives members the opportunity to earn a new income stream while helping those who need it most.

"We are excited to work with GlobeOne and launch a system, an app, which will add to our business model of financial inclusion in the country. Technology is part of every person's daily life, which is why this is a great opportunity to expand financial services to the unbanked and underserved population in Mexico," said Francisco Meré Palafox, Chief Executive Officer of Bankaool.

"Our partnership with GlobeOne guarantees our ability to provide state-of-the-art banking and payment technology to the widest Mexican population who will now have mobile phone access to the best in financial services," added Enrique Vilarte, Chief Executive Officer of InvestaBank.

GlobeOne executives will present the mobile interface and features at the "Mobile Money & Digital Payments Americas" conference in Mexico City on March 24th. 

Comments: (0)

Comment on this story (membership required)

Related blogs

Create a blog about this story (membership required)
visit https://www.niceactimize.comvisit www.capgemini.comvisit www.solutions.lexisnexis.com

Top topics

Most viewed Most shared
Ripple boss predicts central bank adoption of blockchainRipple boss predicts central bank adoption...
20961 views comments | 33 tweets | 36 linkedin
AmEx partners Ripple and Santander for blockchain-enabled cross-border paymentsAmEx partners Ripple and Santander for blo...
12431 views comments | 15 tweets | 42 linkedin
Barclays warns of unprecedented online fraud this ChristmasBarclays warns of unprecedented online fra...
10186 views comments | 17 tweets | 35 linkedin
Sepa instant payments goes liveSepa instant payments goes live
9373 views comments | 45 tweets | 77 linkedin
ING brings data privacy to blockchain transactionsING brings data privacy to blockchain tran...
8406 views comments | 25 tweets | 35 linkedin

Featured job

Competitive base + commission + benefits
New York City, NY - USA

Find your next job