Moniker and SnapNames Announce Auction for Rare Premium Domain Name CheckCashing.com

Online Auction Now In-Progress Through October 3, 2013


PORTLAND, Ore., Sept. 4, 2013 (GLOBE NEWSWIRE) -- Moniker® and SnapNames®, both KeyDrive S. A. companies and leading providers of domain name solutions, announced today that they have been selected as the exclusive brokerage and auction house representing CheckCashing.com. The domain represents an unprecedented opportunity allowing the financial community access to more than 68 million Americans, or an $85 billion market that represent financially underserved consumers. What's more, as online banking usage continues to rise and mobile check deposit technology advances, CheckCashing.com becomes the go-to brand for new and related innovative financial banking services.

As a premium, generic domain asset, CheckCashing.com is poised to command a leadership position in banking and mobile check deposit technology, some of the highest growing banking verticals. Furthermore, it can provide immediate name recognition to the 57% of unbanked consumers that use Smartphones; according to the Federal Reserve.

"We are pleased to partner with Moniker and SnapNames as the exclusive brokerage and auction house for this domain. Having previously worked with the Moniker brokerage team we chose to again leverage their proven knowledge of the space, global reach, and record of success to support our efforts to find CheckCashing.com a new home," said Michael Frederick, the domain's current owner. "As the market for financially underserved consumers and mobile usage continues to grow, the need for innovative financial services rises, CheckCashing.com can be the obvious go-to brand to meet this growing market head-on."

CheckCashing.com brings one savvy bidder direct access to multiple market opportunities including Check Cashing, Payday Loans, Cash Advances, Title Lending, Prepaid Cards, and More.

Craig Snyder, CEO of Moniker and SnapNames added, "We are thrilled to be working with the CheckCashing.com team and look forward to connecting them with a qualified buyer that can positively influence the space. Having brokered tens of millions in transactions, our brokerage team continually serves as an anchor point for bringing end-users together with the domains they need to grow their business, reach new consumers and affect their target audience in meaningful ways. CheckCashing.com is no exception and we believe current market conditions will lend to a favorable outcome for everyone involved."

For more information contact John Mauriello:

About Moniker and SnapNames

Moniker® and SnapNames® offer registries, registrars, businesses and individuals an array of services for domain registration, acquisition, management, brokerage and sales. Moniker introduced the live domain name auction concept and is a top worldwide registrar. SnapNames pioneered and operates the largest online auction of expired and deleting domains, giving its customers access to the world's best selection and most valuable names every day. For more information, visit http://www.moniker.com and http://www.snapnames.com.


            

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