Fintech

AppTech Payments Corp. Reports Fiscal Year 2023 Results

Retrieved on: 
Monday, April 1, 2024
Independent software vendor, Payment, Visa, Environment, Partnership, Acquisition, Fintech, Mastercard, API, Movement

CARLSBAD, Calif., April 01, 2024 (GLOBE NEWSWIRE) -- AppTech Payments Corp. (NASDAQ: APCX), a pioneering Fintech company powering frictionless commerce, disclosed its financial outcomes for the fiscal year ended December 31, 2023.

Key Points: 
  • CARLSBAD, Calif., April 01, 2024 (GLOBE NEWSWIRE) -- AppTech Payments Corp. (NASDAQ: APCX), a pioneering Fintech company powering frictionless commerce, disclosed its financial outcomes for the fiscal year ended December 31, 2023.
  • Revenue was approximately $504 thousand for the year ended December 31, 2023, compared to $450 thousand for the year ended December 31, 2022, representing an increase of 12%.
  • AppTech will develop mobile and web-based applications for the contactless payment system, which will feature digital banking services and Visa/MasterCard sponsorship and provide user support services.
  • FinZeo’s API enables AppTech to efficiently integrate with software providers and Independent Software Vendors (ISVs), facilitating rapid technology implementation.

Investview, Inc. (“INVU”) Reports Full Year 2023 Financial Results, Operational Highlights and a Year-End Message from the CEO

Retrieved on: 
Monday, April 1, 2024
Geothermal energy, Growth, Environment, Fintech, Common, Research, Acquisition, Water, Depreciation, Miner, OTCQB, Net income, Marketing, Mining, Cryptocurrency

Haverford, PA, April 01, 2024 (GLOBE NEWSWIRE) -- Investview, Inc. (OTCQB: INVU), a diversified financial technology (FinTech) company that provides financial education tools, content and research, through a global distribution network; digital asset products and services that support blockchain technologies and Bitcoin mining operations; and, which is developing a retail brokerage and financial markets business that plans to offer investors an online trading platform focused on enabling self-directed retail brokerage services, is pleased to announce its financial results for the twelve months ended December 31, 2023.

Key Points: 
  • Net Revenue increased 9.8% to $67.9 million for the twelve months ended December 31, 2023, as compared to $61.8 million for the comparable prior year period.
  • Total stockholders’ equity at December 31, 2023 was $18.8 million, an increase of $1.4 million or 8.1% from the $17.4 of stockholders’ equity at December 31, 2022.
  • I am pleased to announce the 2023 financial results and operational highlights for Investview.
  • With approximately $20.9 million in cash and equivalents, we have an advantageous path forward to achieving our growth plans.

New Forbes Insight Report Reveals Almost 70% of Banking and Finance Leaders Believe AI-Powered Fraud Will Threaten the Security of User Transactions in 2024

Retrieved on: 
Wednesday, March 27, 2024
CIO, Microsoft, Organization, MFA, Innovation, Risk management, Intelligence, Corporate title, Fraud, Research, CISO, FIDO, FIDO2, USB, Fintech, Traction, Online shopping

The Forbes Insights report highlights growing pressures and expectations for fraud prevention and user authentication based on survey results from 200 business leaders in banking and financial services.

Key Points: 
  • The Forbes Insights report highlights growing pressures and expectations for fraud prevention and user authentication based on survey results from 200 business leaders in banking and financial services.
  • This is the latest original research from Forbes Insights, which provides actionable intelligence for C-Suite executives and other industry participants.
  • The technology is now available to make the user experience truly seamless and address password problems that only create security holes and increase customer frustration.
  • Key insights from the report include:
    Customer Experience – Improving customer experience is a main driver in implementing new security techniques.

Fintech Trailblazer Ibanera Partners with Iconic BPM Festival to Lead the Charge in Secure NFT Ticketing and Crypto Payments

Retrieved on: 
Tuesday, March 26, 2024
The BPM Festival, Cryptocurrency, Partnership, Risk, NFT, Disc jockey, BPM, Fintech, Fraud, Music, Fiat, Animal, DJ Awards

This epic collaboration is set to rewrite the festival rulebook, introducing groundbreaking technology to handle NFT tickets and facilitate effortless payments in both fiat and cryptocurrencies.

Key Points: 
  • This epic collaboration is set to rewrite the festival rulebook, introducing groundbreaking technology to handle NFT tickets and facilitate effortless payments in both fiat and cryptocurrencies.
  • Ibanera is set to elevate The BPM Festival experience by introducing cutting-edge technology to handle NFT tickets, offering festival-goers enhanced security, and an efficient, digital ticketing solution.
  • Moreover, Ibanera will enable seamless payments in both fiat and a range of cryptocurrencies, providing festival attendees with unprecedented flexibility in their payment choices.
  • "Our collaboration with The BPM Festival marks a groundbreaking step in redefining the intersection of fintech and entertainment," said CEO Michael Carbonara.

AppTech Payments Corp. Announces Proposed Underwritten Public Offering of Common Stock

Retrieved on: 
Monday, March 25, 2024
Madison Avenue, EF Hutton, Form, Telephone, Sale, Fintech, Prospectus, S-3

CARLSBAD, Calif., March 25, 2024 (GLOBE NEWSWIRE) -- AppTech Payments Corp. (Nasdaq: APCX) (“AppTech” or the “Company”), a pioneering Fintech company powering frictionless commerce, today announced that it intends to offer to sell shares of its common stock and pre-funded warrants to purchase shares of its common stock in an underwritten public offering.

Key Points: 
  • CARLSBAD, Calif., March 25, 2024 (GLOBE NEWSWIRE) -- AppTech Payments Corp. (Nasdaq: APCX) (“AppTech” or the “Company”), a pioneering Fintech company powering frictionless commerce, today announced that it intends to offer to sell shares of its common stock and pre-funded warrants to purchase shares of its common stock in an underwritten public offering.
  • All of the shares of common stock and pre-funded warrants are to be sold by the Company.
  • The offering is subject to market conditions and there can be no assurance as to whether or when the offering may be completed, or as to the actual size or terms of the offering.
  • AppTech intends to use the net proceeds from the offering for integration of existing business, working capital and general corporate purposes.

Lender Compliance Technologies Announces Partnership with AKUVO

Retrieved on: 
Tuesday, April 9, 2024
Recreational Vehicles, Software, Sports, Powerboating, Professional Services, Fintech, General Automotive, Technology, Aftermarket, Automotive, Artificial Intelligence, Insurance, Finance, NCUA, Partnership, Credit, LCT, GAP

Lender Compliance Technologies, an emerging leader in compliance solutions for managing finance and insurance (F&I) product refunds, is proud to announce a new partnership with AKUVO, a technology organization that specializes in collections and credit risk.

Key Points: 
  • Lender Compliance Technologies, an emerging leader in compliance solutions for managing finance and insurance (F&I) product refunds, is proud to announce a new partnership with AKUVO, a technology organization that specializes in collections and credit risk.
  • Specifically, regulators want to ensure borrowers are refunded when F&I products are cancelled due to repossessions, early payoffs and total losses.
  • “We’re thrilled to add value to the AKUVO Platform with LCT’s regulatory solution,” said Mike Ruggiero, AKUVO’s SVP of Relationships.
  • “With this integration, requesting cancellations and refunds will become a seamless part of our customers’ collection process.”

Options and Magtia Empower Trading Firms with Next Generation Symbology Solution

Retrieved on: 
Tuesday, April 9, 2024
Professional Services, Data Management, Technology, Other Technology, Software, Finance, Fintech, Cloud, Cloud computing security, Microsoft, Partnership, News, AI, TCO, API, Security, Multimedia, Artificial intelligence

Options Technology , a trailblazer in capital markets infrastructure, today announced a strategic partnership with Magtia, a financial symbology platform provider specializing in data mapping for front, middle and back-office trading systems.

Key Points: 
  • Options Technology , a trailblazer in capital markets infrastructure, today announced a strategic partnership with Magtia, a financial symbology platform provider specializing in data mapping for front, middle and back-office trading systems.
  • View the full release here: https://www.businesswire.com/news/home/20240409943088/en/
    Options today announced a strategic partnership with Magtia, a financial symbology platform provider specializing in data mapping for front, middle and back-office trading systems.
  • Danny Moore , President and CEO of Options, commented, “We are delighted to announce our partnership with Magtia to deliver next-level market data solution architecture to our customers across the capital markets.
  • Options Technology (Options) is a financial technology company at the forefront of banking and trading infrastructure.

POSaBIT to Host Fourth Quarter and FY 2023 Earnings Conference Call

Retrieved on: 
Tuesday, April 9, 2024
Software, Cannabis, Other Retail, Professional Services, Tobacco, Fintech, Specialty, Payments, Technology, Natural Resources, Retail, Finance, OTC, PBIT

POSaBIT Systems Corporation (CSE: PBIT, OTC: POSAF) (the “Company ” or “ POSaBIT ”), a leading provider of payments infrastructure in the cannabis industry, will host a conference call and live webcast on April 29, 2024 at 4:30 PM ET to discuss the results of the fourth quarter and full year ended December 31, 2023.

Key Points: 
  • POSaBIT Systems Corporation (CSE: PBIT, OTC: POSAF) (the “Company ” or “ POSaBIT ”), a leading provider of payments infrastructure in the cannabis industry, will host a conference call and live webcast on April 29, 2024 at 4:30 PM ET to discuss the results of the fourth quarter and full year ended December 31, 2023.

The Present and Future of Proptech: Charting a Clearer Path in Murky Markets

Retrieved on: 
Tuesday, April 9, 2024
Banking, Technology, Professional Services, Data Analytics, Other Construction & Property, Residential Building & Real Estate, Commercial Building & Real Estate, Construction & Property, Other Technology, Software, Building Systems, Other Professional Services, Internet, Data Management, Finance, Fintech, Artificial Intelligence, Automation, ROI, VLY, Growth, General partnership, Pitch book, Bank, AI, Investment, Future, Corporation, Renewable energy

The report was developed in collaboration with Pitchbook, Chris Green, Founder and CEO of GreenPoint Partners and Zak Schwarzman, General Partner, MetaProp.

Key Points: 
  • The report was developed in collaboration with Pitchbook, Chris Green, Founder and CEO of GreenPoint Partners and Zak Schwarzman, General Partner, MetaProp.
  • The majority of 2023 industry-wide investment in Proptech - 70 percent - was in venture capital with 144 deals closed for a combined value of $2.9 billion.
  • This was a sharp decline from 2022 as the pace of deal making in Proptech was impacted by the general slowdown in most other asset classes.
  • “This decline can be attributed to a number of economic and geopolitical factors,” said Tom Iadanza, President, Valley Bank.

Portal DeFi Announces Plans to Integrate Stacks into Portal DEX and Enable Cross-Chain sBTC Trading

Retrieved on: 
Tuesday, April 9, 2024
Finance, Cryptocurrency, Professional Services, Asset Management, Fintech, Wrapped Bitcoin, DEX, EVM, Risk, Human, WBTC, Architecture, ETH, Decentralized finance, BTC, Traction, USDT, SDK

The integration will bring sBTC, a 1:1 Bitcon-backed asset on the Stacks layer that enables smooth movement of BTC from Layer 1 to Layer 2 and back while remaining decentralized, to the Portal DEX Network .

Key Points: 
  • The integration will bring sBTC, a 1:1 Bitcon-backed asset on the Stacks layer that enables smooth movement of BTC from Layer 1 to Layer 2 and back while remaining decentralized, to the Portal DEX Network .
  • The release of sBTC and its subsequent support in the Portal DEX Network will take place in the months following the Nakamoto rollout this year.
  • “Our integration with Portal will provide exciting cross-chain interoperability for builders,” said Andre Serrano, sBTC go-to-market resident at the Stacks Foundation.
  • “With sBTC set to join the Portal DEX Network, users will experience seamless, trust-minimized swaps between Bitcoin layers and beyond.