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i2c Supports DMS Bank’s Prepaid Card Programs in Latin America and the Caribbean

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New payroll and loyalty card programs to be powered using i2c’s global platform

REDWOOD CITY, Calif. – July 1, 2013 – i2c Inc., a Silicon Valley-based provider of cloud payment processing and emerging commerce solutions, announced today that it will power a variety of new prepaid card programs for DMS Banks & Trust Ltd. (DBT), a specialist bank serving the offshore financial services industry.

Speed to market was critically important to DBT and i2c took on the challenge to complete the project in a time never achieved before. DBT’s implementation of the i2c platform was completed in just seven days, a new record for i2c, and will allow DBT to configure, manage, and optimize their global card programs on a single platform. Initial plans include the launch of payroll and retail-distributed loyalty card programs in markets across Latin America and the Caribbean.

Jazeb Jones, chief executive officer, at DBT comments, “DBT believes strongly in providing consumers with prepaid card products that are convenient, secure and focused on their needs. Our processing relationship with i2c enables us to fulfill these promises while giving us the flexibility to move our prepaid business into new markets quickly.”

“The i2c platform can be deployed rapidly in any part of the world, thanks to its cloud-based “one world, one platform” architecture and native support for all languages and currencies. We were thrilled to complete DBT’s implementation in seven days and look forward to partnering with them to grow their prepaid business worldwide,” said Stephen Diamond, vice president, Business Advisory Group, at i2c.

About DMS Bank & Trust Ltd.

DBT is a specialist bank focused on providing Banking + Custody + Trust services to the offshore financial services industry. First licensed in 1972, it is the second-longest established bank in the Cayman Islands and is regulated by the Cayman Islands Monetary Authority. Visit dmsoffshore.com for more information.

About i2c Inc.

An award-winning global financial technology innovator powering credit, debit, prepaid, core banking, and money movement solutions, i2c unifies banking and payments in an all-in-one platform, transforming product personalization with a customer-centric architecture and accelerating speed-to-market with composable building-block solutions. Financial institutions and fintechs globally trust i2c to help them quickly and efficiently configure and scale differentiated financial offerings in an evolving, competitive market. Powered by innovation and driven by trust for more than 24 years, i2c blends modern ingenuity with expert reliability to supercharge exceptional banking and payments experiences for millions of users and billions of transactions worldwide.

For more information, visit i2cinc.com and follow us at @i2cinc.

Media Inquiries:

Debra Dekelbaum
Director of Media and Analyst Relations, i2c media@i2cinc.com

Wendy Furrer
Director of Marketing + Communications
DMS Bank & Trust Ltd.
Telephone:+1 212-618-6373
E-mail: wfurrer@dmsoffshore.com