Automated teller machine

Super Apps Holdings to Become a Public Company Through Merger with Technology & Telecommunication Acquisition Corporation

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星期三, 十月 19, 2022

Kuala Lumpur, Malaysia, Oct. 19, 2022 (GLOBE NEWSWIRE) -- Super Apps Holdings Sdn Bhd, a Malaysian private limited company (“Super Apps” or the “Company”), and Technology & Telecommunication Acquisition Corporation (“TETE”) (Nasdaq: TETE, TETEU and TETEW), a special purpose acquisition company, today announced that they have entered into a definitive agreement and plan of merger (the “Merger Agreement”) for a business combination (the “Business Combination”) that will result in Super Apps becoming a publicly listed company. Upon closing of the transaction, the combined company will be named TETE Technologies Inc. and is expected to remain listed on the Nasdaq Stock Market under the ticker symbol, "TETE". The transaction reflects an estimated pro forma enterprise value for the combined company of approximately $1.1 billion.

Key Points:

Loo See Yuen, Chief Executive Officer of Super Apps, commented, "We are excited to enter the public markets through our business combination with TETE.
Pursuant to the Merger Agreement, Super Apps will merge with TETE Technologies Sdn Bhd, a Malaysian private limited company and wholly owned subsidiary of TETE, with Super Apps surviving and TETE acquiring 100% of the equity securities of Super Apps.
Technology & Telecommunication Acquisition Corporation is a blank check company, also commonly referred to as a special purpose acquisition company, or SPAC, formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses or entities.
This press release relates to a proposed Business Combination between TETE and Super Apps Sdn.

Hyosung America Launches Four New Products Set to Empower Cash Management and Enable Cash-to-Digital Experiences

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星期二, 七月 19, 2022

The Cajera series (Spanish for cashier), embodies Hyosungs most transformational, retail recycling ATM and TCR series designed for in-store cash optimization.

Key Points:

The Cajera series (Spanish for cashier), embodies Hyosungs most transformational, retail recycling ATM and TCR series designed for in-store cash optimization.
The device can be bolted on to existing Hyosung cash dispensers to transform it into a full function device.
Hyosung America, the worlds leading cash management and payments platform service provider, is the North American subsidiary of South Korea-based Hyosung Corporation.
Hyosung America is headquartered in Irving, Texas, and provides research and development support in its Global Software Center in Dayton, Ohio.

Why the SmartMetric Biometric Technology Is the Ultimate Identity Validation for Credit Cards and Why Other Biometric Card Designs Fail

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星期四, 七月 7, 2022

Some companies that have designed alternative biometric cards to that of the SmartMetric biometric card, have not spent the extraordinary time in research and development that SmartMetric has.

Key Points:

Some companies that have designed alternative biometric cards to that of the SmartMetric biometric card, have not spent the extraordinary time in research and development that SmartMetric has.
So here in lies the inherent weakness and designed to fail of these companies biometric cards that rushed to copy the SmartMetric biometric credit card.
SmartMetric is excited about its leading technology and is in the process of bringing its biometric card to the market.
To view the SmartMetric Biometric Card please follow this link - Video of the SmartMetric Biometric Card .

SmartCard Marketing Systems Inc (SMKG:OTCQB) is Pleased to Announce Entering a Joint Venture Partnership with Aces Group LLC, DBA: KanaCash, Africa

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星期一, 六月 6, 2022

The JV enables KanaCash to reach their goal and aims at capitalizing and implementing the tech suite in the untapped market.

Key Points:

The JV enables KanaCash to reach their goal and aims at capitalizing and implementing the tech suite in the untapped market.
More individuals have a mobile money account than a traditional bank account in Sub-Saharan Africa.
CEO & Co-Founder McSwain Forkoh stated, We are excited about the Joint Venture with SmartCard.
Aces Group LLC, DBA: KanaCashis an innovative web and mobile application tailored to the mobile payment needs of Sub-Saharan Africa and its diaspora.

Global ATM Market Report 2021-2028: Evolution of Digital Payment Solutions Such as Bitcoin and Mobile Banking Will Restrain Market Growth in the Long-term - ResearchAndMarkets.com

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星期四, 十一月 25, 2021

An Automated Teller Machine (ATM) is a specialized computer that acts as a digital banking outlet for customers to make basic banking transactions using debit and credit cards.

Key Points:

An Automated Teller Machine (ATM) is a specialized computer that acts as a digital banking outlet for customers to make basic banking transactions using debit and credit cards.
An ATM typically comprises a keypad, dispenser, printer, card reader, and display screen to prompt the user through each step of the transaction.
Increasing demand for automated systems in developing countries is expected to positively influence the global ATM installed base over the forecast period.
The evolution of digital payment solutions such as bitcoin transactions and mobile banking will hamper the market growth in the long run.

Valued to be $27.7 Billion by 2026, Automated Teller Machines (ATMs) Slated for Robust Growth Worldwide

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星期二, 九月 28, 2021

We are offering a complimentary access to qualified executives driving strategy, business development, sales & marketing, and product management roles at featured companies.

Key Points:

We are offering a complimentary access to qualified executives driving strategy, business development, sales & marketing, and product management roles at featured companies.
Previews provide deep insider access to business trends; competitive brands; domain expert profiles; and market data templates and much more.
The U.S. Market is Estimated at $5.6 Billion in 2021, While China is Forecast to Reach $5.7 Billion by 2026
The Automated Teller Machines (ATMs) market in the U.S. is estimated at US$5.6 Billion in the year 2021.
Global Industry Analysts, Inc., ( www.strategyr.com ) is a renowned market research publisher the world`s only influencer driven market research company.

ATM Market Size Worth $29.89 Billion By 2028 | CAGR: 4.9%: Grand View Research, Inc.

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星期三, 八月 11, 2021

The segment accounted for over 50% of the overall industry in 2020

Key Points:

The segment accounted for over 50% of the overall industry in 2020
The thriving tourism industry plays a vital role in assisting the market growth.
Increasing demand for automated systems in developing countries is expected to positively influence the global ATM installed base over the forecast period.
The evolution of digital payment solutions such as bitcoin transactions and mobile banking will hamper the market growth in the long run.
Grand View Research has segmented the global ATM market based on solution and region:
ATM Market Solution Outlook (Revenue, USD Million, 2018 - 2028)

ATM Market Size Worth $29.89 Billion By 2028 | CAGR: 4.9%: Grand View Research, Inc.

Retrieved on:

星期三, 八月 11, 2021

The segment accounted for over 50% of the overall industry in 2020

Key Points:

The segment accounted for over 50% of the overall industry in 2020
The thriving tourism industry plays a vital role in assisting the market growth.
Increasing demand for automated systems in developing countries is expected to positively influence the global ATM installed base over the forecast period.
The evolution of digital payment solutions such as bitcoin transactions and mobile banking will hamper the market growth in the long run.
Grand View Research has segmented the global ATM market based on solution and region:
ATM Market Solution Outlook (Revenue, USD Million, 2018 - 2028)

Sonect: Italy Scores Again in Lottery Terminal Revolution - Free Access to Cash Solution Is Ready and Primed for the UK

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星期三, 八月 4, 2021

Banking, Professional services, Finance, Payment systems, Technology, Science and technology, Embedded systems, Banking, Automated teller machine, Automation, Lottery, Automated teller machines

Italy has scored again with a new access to cash solution for all Italians, a solution which can be readily implemented in the UK to guarantee free access to cash nationwide.

Key Points:

Italy has scored again with a new access to cash solution for all Italians, a solution which can be readily implemented in the UK to guarantee free access to cash nationwide.
Under its contract, financial platform specialist Sonect will enable 35,000 Lottomatica lottery terminals across Italy to act as ATMs, allowing customers convenient local access to cash.
With 95% of the UK population living within one mile of a lottery terminal, Sonect is confident that this technology can provide a simple solution to the access to cash crisis in the UK.
A simple idea like this would be perfect for guaranteeing a free access to cash solution in the UK.

Russian-speaking hackers arrested in Poland over ATM jackpotting attacks

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星期二, 八月 3, 2021

Criminal investigation, Articles, Science and technology, Technology, European Union, Europol, Law enforcement in Europe, Automated teller machine

The two suspects - both Belarusian nationals, were arrested in Warsaw on 17 July.

Key Points:

The two suspects - both Belarusian nationals, were arrested in Warsaw on 17 July.
The investigation uncovered that these criminals committed dozens of ATM attacks in at least seven European countries, stealing an estimated 230 000 in cash.
The criminals were always targeting the same brand and model of ATM.
Europol support
This operation was carried out in the framework of the European Multidisciplinary Platform Against Criminal Threats (EMPACT).