Cyphermint Chairman Dr. Ivan Kuznetsov To Lead Mobile Payments
Cyphermint, a provider of secure electronic payment solutions,
announced that Cyphermint's Chairman of the Board Dr. Ivan Kuznetsov
has been tapped as Project Leader for Mobile Payments of the
Information Communication Union (ICU) of Russia.
Dr. Kuznetsov, who is currently Chairman at Bank Tavrichesky in Russia,
was also appointed Project Leader for the Mobile Payments Project (NFC
and M-payments) at the GSM Association meeting in London on November
23, where he also made a PayCash Mobile presentation.
The GSM Association (GSMA) is the global trade association for mobile
operators, representing 700 GSM mobile phone operators across 215
countries of the world. The meeting on November 23rd focused on two
major areas: mCommerce and the implementation of NFC technology and the
Mobile Money Transfer Program and how it relates to global remittances.
Cyphermint's President Joe Barboza said, "This appointment for Dr.
Kuznetsov is a great opportunity and brings more recognition for
Cyphermint and PayCash Mobile; it reinforces the global scope for our
technology. PayCash technology possesses such high security standards,
is multi-lingual, multi-currency, and is positioned to be a worldwide
leader in mobile commerce for the unbanked consumer."
PayCash enables consumers to conduct bill payment, mobile banking,
person-to-person transfers and retail payments around the world.
The GSM Association (GSMA) is the global trade association representing
700 GSM mobile phone operators across 215 countries of the world. In
addition, more than 180 manufacturers and suppliers support the
Association's initiatives as key partners.