MobiClear Rises on Partership
Credit identity protection technology provider MobiClear Inc. (OTCBB: MBIR, Deutsche Brose: B3CA) rose 21 percent yesterday, closing at $0.064 per share after the company announced it had entered into a partnership agreement with fraud management software manufacturer Bastion Payment Systems Corporation. According to the statement, Bastion will market and launch MobiClear's "exciting line" of security solutions to market-lending financial institutions in the Philippines and other Asian countries. "The banks have expressed great interest in the product's ease of implementation, cost-effectiveness, and the ability to be brought to market in a timely fashion," the statement said. MobiClear reportedly specializes in electronic…