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No Borders Announces New Card Processing Operations

Thursday 7 April 2005 11:33 CET | News

No Borders, has open No Borders Processing LLC, a Florida Limited Liability Company, located in Sunrise, Florida. No Borders, Inc. owns 60% of the processing company, having made a resource commitment to facilitate hardware and software requirements.

Rosa Asensio, current President of CROEM INC., located in Sunrise, Florida, has joined No Borders, Inc. as Director of Processing, and Yamil Rivera, current COO of CROEM INC., has joined the Company as Chief Programming Officer. Ms. Asensio and Ruben Sanchez, current General Counsel and General Manager of No Borders, Inc., shall also serve as managing members of the Processing LLC. The Company also announced the completion of its proprietary software for its Stored Value Card Platform. The software integrates money remittance transactions and other products and services with stored value card functionalities. Of significant importance, the software is able to operate on closed loop systems as well as open system networks.


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Categories: Payments & Commerce | Cards
Countries: World
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