In December 2007, TechnoServe and Microfinance International Corporation (MFIC
) launched a pilot project that aims at leveraging migrant remittances to empower small and medium enterprises (SMEs) to get greater and cheaper access to much-needed credit, which can be channeled to growing the SME, thus generating employment and income opportunities in developing countries.
KDDI's over 600 carriers and MFIC
's money transfer solution - advanced payment/settlement system connected to a network of payers in 90 countries -- will enable mobile network operators (MNOs) "to offer competitive financial services and expand the boundary of financial services to integrate billions of unbanked customers into the formal financial system," the firms said.
Japanese telecom company KDDI Corporation (KDDI) (TOKYO:9433) and Microfinance International Corporation (MFIC
), a US provider of financial solutions, yesterday declared that KDDI has invested USD22m in MFIC
in a partnership to expand a platform for worldwide open mobile payment.
KDDI's extensive global relationship with over 600 carriers and MFIC
's innovative money transfer solution EoACAo advanced payment/settlement system connected to a network of payers in 90 countries -- will enable mobile network operators (MNOs) to offer competitive financial services and expand the boundary of financial services to integrate billions of unbanked customers into the formal financial system.
Corporation, through its Microfluidics subsidiary, provides patented and proprietary high performance Microfluidizer(R) materials processing equipment to the biotechnology, pharmaceutical, chemical, cosmetics/personal care and food industries.
Morehouse-Cowles, a division of MFIC
Corporation, announced the opening of a sample test laboratory in Fullerton, CA.
Microfluidics, a division of MFIC
Corp., has introduced a split-system Microfluidizer processor in its new 600 and 700 model series.
Corporation NETZSCH Incorporated Norstone, Inc.
"Digital inks and e-inks are a growing industry," said Wendy Rogalinski, MFIC
Corporation's marketing communications manager, "and our customers are becoming ever more demanding so they can stay ahead of their competition."
Corporation, Newton, MA, has announced that it has transferred the manufacture of its Zinger horizontal media mill from its MI-based Epworth Mill division to its Morehouse-Cowles division in Fullerton, CA.
Corporation, Newton, MA, has hired Perry Ballard Incorporated (PBI), St.
Rocky Courtain has joined MFIC
Corporation as western regional sales manager responsible for the western region of the U.S., Mexico, Central and South America.