Earlier today it was announced that, "Cyphermint's Chairman of the Board, Dr. Ivan Kuznetsov, has been named as Project Leader for Mobile Payments of the Information Communication Union (ICU) of Russia."In addition, Dr. Kuznetsov was also appointed Project Leader for the Mobile Payments Project (NFC and M-payments) at the GSM Association meeting in London on November 23, 2007.
Until today I was not familiar with Cyphermint (Headquartered in Marlborough, MA) or their PayCash product, but it sounds like their chairman is well respected in the industry.
"PayCash enables consumers to conduct bill payment, mobile banking, person-to-person transfers and retail payments around the world. PayCash is currently available in 16 countries with expansion into 6 additional countries under development. PayCash Mobile is designed to enable cash loading, credit, debit, stored value cards and bank accounts for funding of mobile payments such as mobile banking, bill payment, mCommerce and other payment related services using their existing mobile device since the technology is Java, SMS and WAP compatible."
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