Tuesday, 30 December 2008

Financial firm banking on Houston

A California company is rapidly wiring into Houston and other Sun Belt cities with a self-serve ATM-style kiosk aimed at customers who regularly send cash to family members in Mexico as well as Central and South America.

After completing trials in June, Nexxo Financial Corp. has finished installation of its proprietary software on 43 Houston-area kiosks already designed for bill-paying functions that were installed by Canadian company TIO Networks Corp. Nexxo officials say they are already looking to partner with other financial institutions and retailers to expand the company’s presence in Texas.

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