BIM CEO Adam Frisch spoke at Money 20/20 in Las Vegas, Nevada, and unveiled new functionality that increases consumer adoption of retailer-branded mobile payments and significantly reduces friction in the customer enrollment process for ACH mobile payments.
Adam, with additional commentary from MCX CEO Brian Mooney, described how innovation in the mobile wallet space to date has yet to substantially disrupt consumer behavior and that a significant percentage of consumers still use cash and debit cards for in store transactions. BIM delivers a mobile/web ACH platform to consumers and merchants that transforms the debit experience, and is an integrated part of the CurrentC mobile wallet that includes loyalty, rewards, and coupons.