More Mobile Money Products Coming
Victoria Mutual Building Society (VMBS) says it is now conducting a mobile money pilot with technology provider Advanced Integrated Systems (AIS) and its American partner Quisk.
JMMB and Lasco Financial Services Limited (LFSL) are also in talks with AIS and Quisk to use their cloud platform to launch their offerings; while conglomerate GraceKennedy Limited is in the second month of its own pilot.
President and CEO of VMBS Courtney Campbell said the building society is to submit its request to the Bank of Jamaica (BOJ) for approval for its mobile product.