|By Business Wire||
|January 8, 2013 11:46 AM EST||
Quote in fourth graph of release should be attributed to Eric Schimpf, head of Macquarie Private Wealth (sted Earl Evans).
The corrected release reads:
USFOREX LAUNCHES CUSTOMIZED EXCHANGE PLATFORM IN U.S. MARKET
Travelex, ING Direct, Macquarie Private Wealth, and Other Leading Institutions Leverage USForex’s Customized Exchange Platform to Streamline Global Financial Transactions
USForex, one of the world’s fastest-growing, technology-driven foreign exchange providers, today announced the launch of the company’s customized exchange platform for the U.S. market. The platform allows clients of financial institutions to seamlessly make international foreign payments and money transfers on USForex’s advanced online payments system. USForex is a subsidiary of Sydney-based OzForex Group.
Travelex, ING Direct, and Macquarie Private Wealth have all been early adopters of the OZForex Group’s exchange platforms in foreign markets. The platform powers their account-to-account foreign exchange payments service which allows their clients to seamlessly make international foreign payments and money transfers on OZForex’s advanced online payments systems.
Building upon OZforex’s platform, USForex’s customized online foreign exchange payments service provides clients with around-the-clock customer service supported by a mobile trading site. It also provides iPhone and Android mobile applications that enable customers to check rates, access market commentary and log into the mobile trading site.
“Our current success in incorporating OZforex’s platform for our clients provided us with the necessary proof points to expand our service in North America,” said Eric Schimpf, head of Macquarie Private Wealth. “USForex serves as a valuable conduit to new and existing clients in North America and we are excited to work alongside them and the Ozforex team.”
“We’re pleased to partner with leading financial institutions to power their online foreign exchange payment services as we continue to expand our presence in the U.S. market,” said Michael Ward, CEO, North America and Europe for USForex. “The launch of the platform and these strategic partnerships cap a strong year of growth and international expansion for us and the Ozforex Group. The strong initial feedback we have received from our clients further validates the power of our payments platform, and the strength of our global customer service and operational model.”
USForex is a wholly-owned subsidiary of OzForex, a strategic investment of Macquarie Bank, Accel Partners and the Carlyle Group, and original co-founders Matt Gilmour and Gary Lord. USForex is part of the OzForex Group which includes UKForex, CanadianForex, OzForex, NZForex and Tranzfers. Since its launch in 1998 by Matt Gilmour, the Group has grown to be one of the world's largest online foreign exchange companies. The Company's client base includes small and medium-sized importers and exporters, as well as individuals who transfer financial assets, have recurring payments overseas, and those investing abroad. The USForex Board of Directors is made up of executives with significant experience in foreign exchange and the financial markets.
SYS-CON Events announced today that Windstream, a leading provider of advanced network and cloud communications, has been named “Silver Sponsor” of SYS-CON's 16th International Cloud Expo®, which will take place on June 9–11, 2015, at the Javits Center in New York, NY. Windstream (Nasdaq: WIN), a FORTUNE 500 and S&P 500 company, is a leading provider of advanced network communications, including cloud computing and managed services, to businesses nationwide. The company also offers broadband, phone and digital TV services to consumers primarily in rural areas.
Dec. 22, 2014 11:00 AM EST Reads: 2,330
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Dec. 21, 2014 01:00 PM EST Reads: 2,020
The major cloud platforms defy a simple, side-by-side analysis. Each of the major IaaS public-cloud platforms offers their own unique strengths and functionality. Options for on-site private cloud are diverse as well, and must be designed and deployed while taking existing legacy architecture and infrastructure into account. Then the reality is that most enterprises are embarking on a hybrid cloud strategy and programs. In this Power Panel at 15th Cloud Expo (http://www.CloudComputingExpo.com), moderated by Ashar Baig, Research Director, Cloud, at Gigaom Research, Nate Gordon, Director of T...
Dec. 21, 2014 11:30 AM EST Reads: 2,434
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Dec. 21, 2014 10:00 AM EST Reads: 2,173
ARMONK, N.Y., Nov. 20, 2014 /PRNewswire/ -- IBM (NYSE: IBM) today announced that it is bringing a greater level of control, security and flexibility to cloud-based application development and delivery with a single-tenant version of Bluemix, IBM's platform-as-a-service. The new platform enables developers to build ap...
Dec. 21, 2014 06:15 AM EST Reads: 2,144
“In the past year we've seen a lot of stabilization of WebRTC. You can now use it in production with a far greater degree of certainty. A lot of the real developments in the past year have been in things like the data channel, which will enable a whole new type of application," explained Peter Dunkley, Technical Director at Acision, in this SYS-CON.tv interview at @ThingsExpo, held Nov 4–6, 2014, at the Santa Clara Convention Center in Santa Clara, CA.
Dec. 20, 2014 08:00 AM EST Reads: 1,424
DevOps Summit 2015 New York, co-located with the 16th International Cloud Expo - to be held June 9-11, 2015, at the Javits Center in New York City, NY - announces that it is now accepting Keynote Proposals. The widespread success of cloud computing is driving the DevOps revolution in enterprise IT. Now as never before, development teams must communicate and collaborate in a dynamic, 24/7/365 environment. There is no time to wait for long development cycles that produce software that is obsolete at launch. DevOps may be disruptive, but it is essential.
Dec. 18, 2014 09:45 PM EST Reads: 1,278
"People are a lot more knowledgeable about APIs now. There are two types of people who work with APIs - IT people who want to use APIs for something internal and the product managers who want to do something outside APIs for people to connect to them," explained Roberto Medrano, Executive Vice President at SOA Software, in this SYS-CON.tv interview at Cloud Expo, held Nov 4–6, 2014, at the Santa Clara Convention Center in Santa Clara, CA.
Dec. 18, 2014 09:00 AM EST Reads: 1,397
Nigeria has the largest economy in Africa, at more than US$500 billion, and ranks 23rd in the world. A recent re-evaluation of Nigeria's true economic size doubled the previous estimate, and brought it well ahead of South Africa, which is a member (unlike Nigeria) of the G20 club for political as well as economic reasons. Nigeria's economy can be said to be quite diverse from one point of view, but heavily dependent on oil and gas at the same time. Oil and natural gas account for about 15% of Nigera's overall economy, but traditionally represent more than 90% of the country's exports and as...
Dec. 18, 2014 06:00 AM EST Reads: 955
The Internet of Things is a misnomer. That implies that everything is on the Internet, and that simply should not be - especially for things that are blurring the line between medical devices that stimulate like a pacemaker and quantified self-sensors like a pedometer or pulse tracker. The mesh of things that we manage must be segmented into zones of trust for sensing data, transmitting data, receiving command and control administrative changes, and peer-to-peer mesh messaging. In his session at @ThingsExpo, Ryan Bagnulo, Solution Architect / Software Engineer at SOA Software, focused on desi...
Dec. 17, 2014 11:15 PM EST Reads: 1,451
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Dec. 17, 2014 11:00 PM EST Reads: 1,498
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Dec. 17, 2014 08:00 PM EST Reads: 1,465
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Dec. 17, 2014 06:30 PM EST Reads: 1,416
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Dec. 17, 2014 11:45 AM EST Reads: 1,577
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Dec. 16, 2014 11:45 PM EST Reads: 1,426
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Dec. 15, 2014 11:45 PM EST Reads: 1,784
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Dec. 15, 2014 10:30 AM EST Reads: 6,936
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Dec. 15, 2014 10:00 AM EST Reads: 1,999