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Fintech Select Ltd. V.FTEC

Alternate Symbol(s):  SLXXF

Fintech Select is a provider of pre-paid card programs, an online payment platform, and a POS cryptocurrency platform that all are in-house developed platforms. The company also operates a multi-lingual call centre that provides services to customers across all its platforms, and to third-party customers. These core assets have been unified and enabled to operate through separate divisions, all harmoniously working together to create a new environment for consumers and businesses alike.


TSXV:FTEC - Post by User

Bullboard Posts
Comment by scotfordnitehawkon May 05, 2011 1:30pm
143 Views
Post# 18535511

RE: RE: RE: RE: The general market....

RE: RE: RE: RE: The general market....Oh you know it, and the big banks are watching this. They spend multiple millions on security measures so they would win two fold. Usage fees and mass usage numbers and their security and reimbursement costs would be negligible. With prepaid, you get all the bells and whistles, none of the worry. From the banks point of view, they have become more "socially" acceptable, generate similar profits (albeit not as much as regular CC products), have less issues with security and member usages. I can tell you in no uncertain terms, the big banks are in the process of looking at this. It started with Green dot and it may continue with Selectcore. Imagine the Royal, CIBC, BOM, Scotiabank all competing to buy SCG.
Bullboard Posts