Monex financial services
Monex Financial Services, is a private financial services company with headquarters in County Kerry, Ireland. The company is focused on FinTech solutions and Dynamic Currency Conversion (DCC) however Monex FinTech solutions span a wide range of Foreign Exchange (FX) treasury solutions.
The company processed over $49 billion transactions in 2017. Monex DCC is live in 48 countries on 4 Continents.
Working with international banks and processors, Monex service solutions include: DCC for the ATM industry and Point-of-Sale merchants, multi-currency pricing, FX Rates, Treasury Management and FinTech payment and credit card services. The company operates DCC on ATM networks of over 69,000 ATMs.
Monex global office locations include Abu Dhabi, Amman, Bangkok, California, Dubrovnik, Hong Kong, London, Seoul and Shanghai.
History
Monex commenced business in 1997 following the invention of DCC by founder Frank Murphy. The service began its first implementation with Hertz Rent-a-Car.
Founder Frank Murphy holds the Chief Executive Officer position. Michael Crowley is Chief Operations Officer.
References
Further reading
- 5 Top Tech Firms reinventing Global finance Independent - Business News 31 January 2016
- Monex FinTech for the airline industry Sunday Business Post 17 January 2016
- Monex and US partner Switch Commerce debut DCC on Las Vegas ATMs Sunday Business Post 22 April 2015