{"id":44104,"date":"2019-06-07T03:31:11","date_gmt":"2019-06-07T01:31:11","guid":{"rendered":"https:\/\/ethereumworldnews.com\/?p=44104"},"modified":"2022-03-12T23:40:52","modified_gmt":"2022-03-12T22:40:52","slug":"kinesis-engages-contis-group-to-launch-uk-and-european-debit-card-for-its-digital-gold-and-silver-currencies","status":"publish","type":"post","link":"https:\/\/ethereumworldnews.com\/kinesis-engages-contis-group-to-launch-uk-and-european-debit-card-for-its-digital-gold-and-silver-currencies\/","title":{"rendered":"Kinesis engages Contis Group to launch UK and European debit card for its digital gold and silver currencies"},"content":{"rendered":"\n

London 4th June, 2019<\/strong>: Today, Kinesis Money<\/a> announces the initiation of its UK and EU debit card\nprogram with Contis Group, the award-winning platform as a service (PAAS) that\nprovides end-to-end banking and payments solutions. Kinesis has selected Contis\nfor its European and UK debit card solutions and has officially started\ndevelopments, scheduled for release in Q4.<\/p>\n\n\n\n

The release of these EUR and\nGBP-denominated debit cards will cement Kinesis\u2019 position in the market as a\nformidable global fintech player. The Kinesis debit card will allow Kinesis\u2019 clients\nin the UK and Europe to easily and efficiently use their Kinesis currencies to\nmake purchases anywhere that has a merchant facility, as well as withdraw funds\nvia global ATM networks.<\/p>\n\n\n\n

Kinesis is an evolutionary monetary\nsystem using the real assets of gold and silver as the basis for digital\ncurrencies. These currencies provide a 1:1 allocation of physical bullion, with\nthe transaction fees accumulated whenever the currencies are sent, spent or\ntraded and then proportionately redistributed to Kinesis currency and token\nholders as a velocity-based yield. These yields grow as the user base grows and\nrecur forever, creating a monthly income for users, against everyday\ntransactions and holdings.<\/p>\n\n\n\n

The new debit card is to be powered\nthrough a partnership between Kinesis Money and Contis which enables customers\nto leverage their extensive partner network. Contis Financial Services Ltd is\nauthorised by the Financial Conduct Authority.<\/p>\n\n\n\n

The Kinesis debit card is set to be\nintegrated into the highly anticipated Kinesis Monetary System, scheduled to\nlaunch in Q3 2019, providing seamless spending and management of the Kinesis,\nblockchain-based, gold and silver-based currencies.<\/p>\n\n\n\n

Thomas Coughlin, CEO of Kinesis Money,<\/strong> comments: \u201cIt\u2019s a positive step for us, as this partnership\nwith Contis represents an important step in the release of our pioneering\nKinesis Monetary System. The global shift towards agile banking is picking up\nmomentum, and Kinesis is setting a precedent in this banking evolution. The new\nKinesis Monetary System and associated debit card aims to provide a stable,\ntrustworthy platform based on physical gold and silver currencies that\nconsumers are looking for.\u201d<\/p>\n\n\n\n

Flavia Alzetta, CEO of Contis,<\/strong> comments: \u201cContis is excited to be moving forward with\nKinesis Money who have an exciting potential and ambitious plans. As their\npartner for their card issuing and account, Contis\u2019 highly configurable and\nreliable platform will enable Kinesis to scale as they grow. We look forward to\npartnering with them on that journey.\u201d<\/p>\n\n\n\n

———–<\/p>\n\n\n\n

About Contis Group<\/strong><\/strong><\/p>\n\n\n\n

Contis is a leading provider of\naward-winning, end-to-end, banking, payments and processing solutions. Founded\nin 2008 by Peter Cox, Contis\u2019 proprietary, scalable platform manages both bank\nand Visa payments in real time. One of the FT1000: Europe\u2019s Fastest Growing\nCompanies 2018, and a 2018 Sunday Times Tech Track 100 Fastest Growing private\nfinancial companies, Contis has offices in the UK, Europe and India providing\nmodular banking solutions to third parties, in addition to a number of branded\nand white-label banking products, offering full current account capability.\nContis benefits from a full license suite, including FCA eMoney License\ncovering the EEA, and is a Principal Visa member with sponsorship capability.<\/strong><\/p>\n\n\n\n

For more information, contact:<\/strong><\/strong><\/p>\n\n\n\n

CONTIS: (Marlin PR): Jared Foley, jared.foley@marlinpr.com, T: +44 207 932 5580<\/strong><\/p>\n\n\n\n

About<\/strong> Kinesis<\/strong><\/strong><\/p>\n\n\n\n

Kinesis is a monetary system based on the traditionally\nstable commodities, gold and silver. Kinesis users can instantly spend their\nprecious metals holdings at point of sale anywhere in the world with the\nKinesis debit card or transfer directly over the blockchain, opening up cross\nborder payments with low transaction fees. Unlike other gold and silver backed\ncryptocurrencies, Kinesis currencies are divisible digital units of physical\ngold and silver, using the blockchain as a medium of exchange and a registry of\nownership. The movement of Kinesis currency creates velocity and fee sharing\nyields that are given back to participants, every month, creating a passive\nincome.<\/p>\n\n\n\n

Holders of the Kinesis currencies\nhave allocated legal title to the underlying physical bullion holdings that are\nfully audited, eliminating counter-party risk and allowing for physical\nredemption directly from one of seven Kinesis vaulting providers.<\/strong><\/p>\n\n\n\n

For more information about Kinesis, contact:<\/strong> Kinesis Marketing Department: Jai Bifulco, Marketing@kinesis.money, T: +44 203 950 5133 or visit kinesis.money<\/strong><\/a><\/p>\n\n\n\n

This is a paid-for submitted press release. EWN does not endorse, nor is responsible for any material included below and isn\u2019t responsible for any damages or losses connected with any products or services mentioned in the press release. EWN urges readers to conduct their own research with due diligence into the company, product or service mentioned in the press release.<\/em>
<\/p>\n","protected":false},"excerpt":{"rendered":"

London 4th June, 2019: Today, Kinesis Money announces the initiation of its UK and EU debit card program with Contis Group, the award-winning platform as a service (PAAS) that provides end-to-end banking and payments solutions. Kinesis has selected Contis for its European and UK debit card solutions and has officially started developments, scheduled for release in Q4. The release of these EUR and GBP-denominated debit cards will cement Kinesis\u2019 position in the market as a formidable global fintech player. The […]<\/p>\n","protected":false},"author":8,"featured_media":56910,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[779],"tags":[],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/ethereumworldnews.com\/wp-json\/wp\/v2\/posts\/44104"}],"collection":[{"href":"https:\/\/ethereumworldnews.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ethereumworldnews.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ethereumworldnews.com\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/ethereumworldnews.com\/wp-json\/wp\/v2\/comments?post=44104"}],"version-history":[{"count":1,"href":"https:\/\/ethereumworldnews.com\/wp-json\/wp\/v2\/posts\/44104\/revisions"}],"predecessor-version":[{"id":56911,"href":"https:\/\/ethereumworldnews.com\/wp-json\/wp\/v2\/posts\/44104\/revisions\/56911"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ethereumworldnews.com\/wp-json\/wp\/v2\/media\/56910"}],"wp:attachment":[{"href":"https:\/\/ethereumworldnews.com\/wp-json\/wp\/v2\/media?parent=44104"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ethereumworldnews.com\/wp-json\/wp\/v2\/categories?post=44104"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ethereumworldnews.com\/wp-json\/wp\/v2\/tags?post=44104"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}