Infonox, a leading provider of Software as a Service (SaaS) financial products has expanded its business operations with the opening of an office in Englewood, Colorado. This office will support Infonox's expanding Client base of major bank and non-bank financial institutions and transaction processors.
Infonox is also pleased to announce the addition of Dean Seifert, EVP, Product Management & Strategy, to the executive management team. Dean Seifert brings with him more than 15 years of financial services industry expertise in money transfer, banking services, bill payment, prepaid cards, financial instrument issuing and government payments.
Safwan Shah, the CEO and President of Infonox said, "Infonox has entered a rapid 3 digit growth phase in its core technology offering. We are the market and technology leader in SaaS delivery of innovative financial services in banking, gaming and retail segments. The Denver office will allow us to expand in key product and business development areas to support our aggressive growth strategies. Dean's experience in international business and product development will benefit us greatly as we enter new vertical markets and industries."
Dean spent the past eight years with Western Union Financial Services as the Vice President of Global Product Development and Delivery, leading product development initiatives in a variety of financial service categories. "I am excited to take on this new role within Infonox and look forward to being a part of such a dynamic and pioneering company in the financial services space. Infonox has experienced explosive growth as their innovative technology offerings have been embraced by some of the largest financial services companies in the country," said Mr. Seifert.
Infonox is uniquely positioned in the self-service kiosk space with their kiosk*PASS platform, a turn-key technology suite that offers a variety of financial services to be delivered across a broad range of hardware configurations. Infonox is also expanding its capabilities in virtual terminals, mobile commerce and banking, and gateway services to enable third parties to connect to a vast network of product and service providers. In addition, the merchant portfolio management system and enterprise back-office, Transending(TM), is gaining considerable traction in a number of different vertical markets.
Mr. Seifert said, "These SaaS turn-key capabilities are unique in the market and bring extraordinary strategic and economic value to Infonox Clients, offering an unbeatable competitive advantage when compared with traditional IT sourcing models. I'm excited to help build the product strategies to support the aggressive growth plans and I look forward to working with the entire Infonox team and Clients."
About Infonox
Infonox is a leading technology company serving the financial services industry that enables the delivery of financial products and services to new markets and innovative distribution platforms, including self-service kiosks, ATM's, web-based applications and mobile phones. The Infonox TransIT(TM) network provides on-demand access to a wide array of services, including check cashing, money transfers, bill payments, ATM transactions, credit/debit card payment processing, check processing, prepaid, gift cards and more. The Infonox Active Payment Platform provides end-to-end transaction lifecycle and system support management from the point of sale to final settlement. These innovative solutions enable Infonox clients to realize turn-key delivery of fully functional, robust and scalable transactional platforms that can be easily configured for new services, products and distribution platforms. Infonox offers its services in a SaaS model, allowing clients to maximize their return on investment and realize the fastest time to market. For additional information on Infonox: www.infonox.com.