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.

i2c is a global provider of highly-configurable payment and banking solutions. Using i2c's proprietary "building block" technology, clients can easily create and manage a comprehensive set of solutions for credit, debit, prepaid, lending and more, quickly and cost-effectively. i2c delivers unparalleled flexibility, agility, security and reliability from a single global SaaS platform. Founded in 2001, and headquartered in Silicon Valley, i2c's next-generation technology supports millions of users in more than 200 countries/ territories and across all time zones.

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

Media Inquiries:

Terri Thibodeaux
Director, Brand and Corporate Marketing, i2c media@i2cinc.com

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