How they describe themselves: KlickEx is an automated utility for high frequency immediate payments, in or between banks, consumers, or other actors in G20, OECD and G-77 currencies; serving capital mobility, regulatory compliance, mobile commerce, and financial inclusion at scale.
KlickEx’s pilot facility is currently ranked the most advanced inter-bank and mobile-money integrated real-time multi-currency ACH/RTGS network in Asia. Active across eight countries in the South Pacific, KlickEx’s mobile money deployment is ranked Asia’s number one penetrating and low cost Mobile FX platform by IFAD/UN/CGAP (GFR, 2013). The World Bank also ranks KlickEx as the top cross-border retail inter-bank remittance network in all served markets, and SWIFT recently named KlickEx as the top new financial services technology of 2013 at SIBOS in Dubai.
How they describe their product/innovation: After extensive testing in the Pacific, KlickEx is pleased to announce the development of a new asset-backed and algorithmic crypto-currency for institutional and retail use. A stable, international risk-free asset is a key foundation for efficient financial markets, and KlickEx’s award winning interbank payment network has an exemplary track record in stability, and efficiency. Having eradicated the significant systematic deficiencies of Bitcoin, then bridged the portfolio limitations of the IMF’s SDR, the new base asset is a proactive response to recent negative public sentiment towards banking in general, and recent global events including The GFC, Euro-Crisis, BASEL II, III, and fiscal & political instability in Prime currencies.
KlickEx believes in efficient, effective, and accessible financial markets. Our products enhance transparency, stability, inclusion, and systematic velocity by eliminating counter-party risks from central bank balance sheets, informal remittance networks, and mitigating cash inefficiencies for commercial banks, mobile operators and regulators. KlickEx has taken the best, and made it better.
Press/Sales: Robert Bell, MD Operations, Robert.Bell@KlickEx.org