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Global Biometrics Strategic Market Report 2023-2030: Focus on Finger-Vein Recognition, 3D Face Recognition, Sensor Interoperability, Biometrics Authentication in the Cloud, and AI & Biometrics - ResearchAndMarkets.com

Retrieved on:

Friday, December 1, 2023

Technology, Artificial Intelligence, Other Technology, Unbanked, Reason, Financial services, Key, Growth, Fad, Biometrics, Creative industries

Future Trends in Biometrics Technology: A Review

Key Points:

Future Trends in Biometrics Technology: A Review
Financial Inclusion of Unbanked Population: A Key Advantage of Biometrics Technology
Top Factors Cited as Barrier to Account Ownership: % of Adults Citing the Reason for Being Unbanked
Amidst Digital Transformation of Banking Operations, Behavioral Biometrics Witnesses Growth
Innovations in Biometrics for Banking and Financial Services Sector: A Review
Automated Border Control Systems (eGates) for Faster Processing at Border Checkpoints: Opportunities for Market Growth

Global Biometrics Strategic Market Analysis Report, 2022 and 2023-2030: Next-Generation Biometric Technologies to Transform Market Landscape

Retrieved on:

Thursday, November 30, 2023

Unbanked, Reason, Financial services, Key, Growth, Fad, Biometrics, Creative industries

Future Trends in Biometrics Technology: A Review

Key Points:

Future Trends in Biometrics Technology: A Review
Financial Inclusion of Unbanked Population: A Key Advantage of Biometrics Technology
Top Factors Cited as Barrier to Account Ownership: % of Adults Citing the Reason for Being Unbanked
Amidst Digital Transformation of Banking Operations, Behavioral Biometrics Witnesses Growth
Innovations in Biometrics for Banking and Financial Services Sector: A Review
Automated Border Control Systems (eGates) for Faster Processing at Border Checkpoints: Opportunities for Market Growth

Cuentas Announces OLB Group's Purchase of Controlling Interest In Cuentas SDI, and the Black011.com Commerce Platform, Enabling the Companies to Offer an Increasing Array of Next-Generation Location-Based Physical and Digital Services to Accelerate the Gr

Retrieved on:

Monday, July 17, 2023

MIAMI BEACH, Fla., July 17, 2023 /PRNewswire/ -- Cuentas, Inc. (Nasdaq: CUEN) (Nasdaq: CUENW) ("Cuentas"), the Company that is creating an alternative financial ecosystem for a hard working population who do not have access to traditional financial alternatives, announced today that OLB Group (NASDAQ: OLB), a leading provider of fintech, digital assets and payment, has acquired the remaining controlling interest of Cuentas SDI LLC (Cuentas SDI). Cuentas is a minority shareholder of Cuentas SDI which has over 31,000 convenience stores in its network, with locations across the New York, New Jersey and Connecticut tri state area. Cuentas had been seeking a new partner to acquire the outstanding 80% and invest in the expansion of and innovation around SDI. Management is very excited to see OLB take the stake. Subject to the acquisition, Cuentas will retain its 19.99% share in Cuentas SDI and will be providing additional services to the network, including the Company's new Cuentas Mobile Wireless Service. Management's goal is to use its growing partnership with OLB to increase its offerings to the underserved markets, providing an exciting new array of digital and traditional commerce services, from telco, OmniCommerce, discounts, debit, and credit opportunities, that can be fulfilled digitally or directly in store via OLB's innovative POS solutions.

Key Points:

Cuentas had been seeking a new partner to acquire the outstanding 80% and invest in the expansion of and innovation around SDI.
Subject to the acquisition, Cuentas will retain its 19.99% share in Cuentas SDI and will be providing additional services to the network, including the Company's new Cuentas Mobile Wireless Service.
"These small stores are often the heart and soul of the communities they serve," said Cuentas Founder and CEO, Arik Maimon.
OLB has already worked with Cuentas on other initiatives and acquired the remaining equity in Cuentas SDI in this latest transaction.

Cuentas Announces OLB Group's Purchase of Controlling Interest In Cuentas SDI, and the Black011.com Commerce Platform, Enabling the Companies to Offer an Increasing Array of Next-Generation Location-Based Physical and Digital Services to Accelerate the Gr

Retrieved on:

Monday, July 17, 2023

MIAMI BEACH, Fla., July 17, 2023 /PRNewswire/ -- Cuentas, Inc. (Nasdaq: CUEN) (Nasdaq: CUENW) ("Cuentas"), the Company that is creating an alternative financial ecosystem for a hard working population who do not have access to traditional financial alternatives, announced today that OLB Group (NASDAQ: OLB), a leading provider of fintech, digital assets and payment, has acquired the remaining controlling interest of Cuentas SDI LLC (Cuentas SDI). Cuentas is a minority shareholder of Cuentas SDI which has over 31,000 convenience stores in its network, with locations across the New York, New Jersey and Connecticut tri state area. Cuentas had been seeking a new partner to acquire the outstanding 80% and invest in the expansion of and innovation around SDI. Management is very excited to see OLB take the stake. Subject to the acquisition, Cuentas will retain its 19.99% share in Cuentas SDI and will be providing additional services to the network, including the Company's new Cuentas Mobile Wireless Service. Management's goal is to use its growing partnership with OLB to increase its offerings to the underserved markets, providing an exciting new array of digital and traditional commerce services, from telco, OmniCommerce, discounts, debit, and credit opportunities, that can be fulfilled digitally or directly in store via OLB's innovative POS solutions.

Key Points:

Cuentas had been seeking a new partner to acquire the outstanding 80% and invest in the expansion of and innovation around SDI.
Subject to the acquisition, Cuentas will retain its 19.99% share in Cuentas SDI and will be providing additional services to the network, including the Company's new Cuentas Mobile Wireless Service.
"These small stores are often the heart and soul of the communities they serve," said Cuentas Founder and CEO, Arik Maimon.
OLB has already worked with Cuentas on other initiatives and acquired the remaining equity in Cuentas SDI in this latest transaction.

Crypto to the Rescue: XCEL Crypto Partners Launches NFT Collection to Empower Unbanked Women

Retrieved on:

Friday, February 10, 2023

Crypto, Bitcoin, Ethereum, Education, Collection, Xcelerator, Female, NFT, Path, Pembrokeshire Action To Combat Hardship, Emotion, Poverty, Unbanked, Movement, Human, Woman, Cryptocurrency, Charles Ponzi

PEARLAND, Texas, Feb. 09, 2023 (GLOBE NEWSWIRE) -- XCEL Crypto Partners, an innovative blockchain-for-good startup, is proud to announce February 4th, 2023 as the launch of its brand new NFT collection.

Key Points:

PEARLAND, Texas, Feb. 09, 2023 (GLOBE NEWSWIRE) -- XCEL Crypto Partners, an innovative blockchain-for-good startup, is proud to announce February 4th, 2023 as the launch of its brand new NFT collection.
This NFT collection is the brainchild of XCEL Crypto Partners CEO and Founder, Rone de Beauvoir, who once was ‘unbanked’ herself over 25 years ago.
This inspired her to create XCEL Crypto Partners and launch the 5000 Faces of the Unbanked collection, with the objective of "XCELerating" the life of people in poverty by leveraging crypto and partnering with the unbanked.
With the launch of the 5000 Faces of the Unbanked Collection on February 4th, XCEL Crypto Partners is calling on the crypto community to join this movement and use the power of decentralized finance to XCELerate the lives of unbanked women.

Unbanked Inc. Takes 1st Place in Shark Pitch Competition & Launches Crowdfunding Campaign

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Tuesday, January 17, 2023

Litecoin, Stack, Storm, Nexø, Growth, SAFE, Entrepreneurship, Blockchain, Ian Daniel, Cryptocurrency, Security (finance), Republic, Unbanked

Unbanked was invited to participate in the Shark Pitch with celebrity investor Kevin O'Leary judging the competition.

Key Points:

Unbanked was invited to participate in the Shark Pitch with celebrity investor Kevin O'Leary judging the competition.
After beating out other startups, Unbanked took 1st place in the competition and was awarded a $25,000 cash prize.
This crowdfunding campaign follows other oversubscribed capital raises Unbanked has hosted on Republic with more than 5,000 individual investors participating.
"Being invited to participate in the Shark Pitch competition was an amazing experience," said Ian Kane, Co-CEO and Co-Founder of Unbanked.

iMAGROW acquires The UnBankers to combine technology and commercial loan products

Retrieved on:

Tuesday, November 15, 2022

Pain, Technology, Unbanked, Acquisition, CEO, Accounting

HARTFORD, Conn., Nov. 15, 2022 /PRNewswire-PRWeb/ -- iMAGROW, a financial technology company, acquires The UnBankers in a move toward consolidation of the brand and offerings.

Key Points:

iMAGROW, a financial technology company, acquires The UnBankers in a move toward consolidation of the brand and offerings.
HARTFORD, Conn., Nov. 15, 2022 /PRNewswire-PRWeb/ -- iMAGROW, a financial technology company, acquires The UnBankers in a move toward consolidation of the brand and offerings.
The UnBankers is a financial brokerage who services commercial borrowers, has relationships with more than 200 lending partners, and provides access to financial products related to working capital, receivables financing, equipment financing, commercial real estate, acquisition financing and consulting, and other commercial financing products throughout the United States and Canada.
iMAGROW has developed a pre-underwriting platform to speed up the approval and funding process, which will further enhance The UnBankers' offerings.

Heightened Competition and Consumer Expectations Driving Changes in Banking, Finance and Insurance

Retrieved on:

Tuesday, November 8, 2022

New approaches are dramatically changing the way banking and financial services firms engage and service customers, offer new products and services and enable new marketplaces.

Key Points:

New approaches are dramatically changing the way banking and financial services firms engage and service customers, offer new products and services and enable new marketplaces.
Gress also will share how his company leverages data and analytics for improved customer experience and engagement against legacy competitors.
The ISG TechXchange: Banking, Financial Services and Insurance event is sponsored by Cognizant, Datamatics, WNS, [24]7.ai, Hitachi Vantara, LTI, Quinnox, Allganize, Quantiphi, Softtek, UiPath, and Uniphore.
ISG (Information Services Group) (Nasdaq: III ) is a leading global technology research and advisory firm.

Webtel.Mobi's “Metaverse” Platform – With its Potentially Crypto-Replacing Global Digital Currency and CBDC Equivalents – Plans a Special Purpose Vehicle Listing in the US

Retrieved on:

Wednesday, July 6, 2022

Transfer, Online, Zero, System, Global Operations, GLOBE, Company, International Clearing Union, FX, Telecommunication, Real-time gross settlement, Platform, Smart, Century, Payment, Unbanked, HSBC, KYC, Online and offline, Fulfillment, Person, KPMG, Organization, Goldman Sachs, TUV, Morgan Stanley, Acquisition, Lists of publishing companies, Standard, Ecosystem, AML, London Stock Exchange, Commercial, Australian Securities Exchange, Telecommunication Infrastructure Company, JPMorgan Chase, Currency swap, Levy Economics Institute, Telecoms & Internet converged Services & Protocols for Advanced Networks, Virtual, International, Tuv, WM, London, Shareholder, Levy, CBDC, United Kingdom, Privacy, Name, Motherboard, NEW, Digital currency, SPV, Cryptocurrency, Mobile phone, Warehouse, Security (finance), Citigroup, Metaverse, Finance, Global, Landline

LONDON and NEW YORK, July 06, 2022 (GLOBE NEWSWIRE) -- Global Telephony Provider Webtel.mobi (“WM”) is planning to list an SPV holding a percentage of its shares on a US Stock Exchange. Significant interest is being generated both because of the wide range of products and services provided globally by WM’s AI-controlled “Metaverse” Platform, and the potential volumes in this market sector.

Key Points:

Although WM does not refer to its Platform as being a Metaverse Platform, but rather as a Whole Market Platform, commentators have increasingly referred to it as a Metaverse.
Some experts regard WMs Global Multicurrency Digital Currency and CBDC equivalents as a potential replacement for Cryptocurrencies and Stablecoins, while others view its TITAN Global Account Number and ICLM Transfer System as a proven alternative to the global SWIFT System.
The TUV System: The Company provides three types of TUV:
The Standard TUV: A Global, Multicurrency Digital Currency equivalent and CBDC equivalent.
This aspect together with its capacity for its conversion between currencies further protects against currency depreciation / currency crashes and inflation.

Unbanked Inc. Launches Crowdfunding Campaign on Republic to Democratize Investor Access and Accelerate Growth

Retrieved on:

Thursday, March 10, 2022

Science and technology in Asia, Unbanked, International, Blockchain, GLOBE, SAFE, Cryptocurrency, Marketing, Republic, VC

NEW YORK, March 10, 2022 (GLOBE NEWSWIRE) -- Unbanked Inc, a global fintech company that connects traditional banking products with blockchain, today announced that it has launched a Reg-CF crowdfunding campaign on leading investment platform Republic.

Key Points:

NEW YORK, March 10, 2022 (GLOBE NEWSWIRE) -- Unbanked Inc, a global fintech company that connects traditional banking products with blockchain, today announced that it has launched a Reg-CF crowdfunding campaign on leading investment platform Republic.
The campaign will enable U.S. and International investors to purchase equity in Unbanked Inc. via a SAFE note.
The recently launched campaign has already raised over $1,000,000 from over 1,100 investors.
Predicated on the ethos that people should be in control of their own money, Unbanked provides infrastructure for many popular cryptocurrency-powered debit cards on the market today.