Tribunal Mayor de Cuentas de Buenos Aires

CUEN - Cuentas Announces Final Stage of Fintech and Mobile Product Development Targeting $18 billion North American Market

Retrieved on: 
Thursday, November 9, 2023
Fintech, OTC Markets Group, WHEN, OTC, News, Acquisition, Software, Ecosystem, Partnership, Telecommunications, MIAMI, Mobile virtual network operator, Mobile phone, Video game, Statista, Tribunal Mayor de Cuentas de Buenos Aires

MIAMI BEACH, Fla., Nov. 09, 2023 (GLOBE NEWSWIRE) -- Cuentas, Inc. (Nasdaq: CUEN & CUENW), the leading developer of a fully integrated telecommunications and financial ecosystem for the unbanked and underbanked Hispanic market, provides an update on its 'Cuentas 360' mobile app and its Mobile Fintech 'Cuentas App' with first-to-market features, including Gamification and a Tokenized Rewards program, and discloses a premium price per share of $10 for the majority acquisition of World Health Energy Holdings, Inc. (OTC: WHEN).

Key Points: 
  • Cuentas provides an update on the 'Cuentas 360' and 'Cuentas' Mobile Apps with First-to-Market Gaming Library and Token Rewards Features.
  • Cuentas provides an update on its integration of digital and mobile protection software, branded as 'Cuentas 360.'
  • Simultaneously, Cuentas is launching an updated version of its fintech 'Cuentas' mobile application.
  • The tokens will be available for sharing from a 'Cuentas' mobile app user to another 'Cuentas' mobile app user and to any device-independent user, creating a true borderless ecosystem never before launched in North America.

Proposed Acquisition by Cuentas, Inc. of Majority Stake in World Health Energy Holdings, Inc. Offers Opportunity for Expansion of WHEN Group’s Cybersecurity, AI and Telecom Technology Footprint

Retrieved on: 
Thursday, October 19, 2023
Internet of things, Fintech, Child, Cyberattack, OTC Markets Group, WHEN, BOCA, Government, Major, Parent, Acquisition, Machine learning, RET, Telecommunications, USD, UCG, Cyberbullying, Depression, AI, Communication, Mossad, Letter, Security (finance), Risk management, Bank, Cryptocurrency, EU, Tribunal Mayor de Cuentas de Buenos Aires

BOCA RATON, FL, Oct. 19, 2023 (GLOBE NEWSWIRE) -- World Health Energy Holdings, Inc. (OTC Pink: WHEN) (“WHEN Group”), a telecom and cybersecurity company with proprietary technologies developed to protect individuals and enterprises from cybersecurity threats, announced today that the majority shareholder of WHEN Group executed a binding letter of intent with Cuentas, Inc. (Nasdaq: CUEN & CUENW) ("Cuentas"), a developer of an alternative financial ecosystem to underbanked communities. The proposed share exchange transaction, pending Nasdaq and shareholder approval and other specified conditions, will result in WHEN Group becoming a majority owned subsidiary of Cuentas.

Key Points: 
  • The proposed share exchange transaction, pending Nasdaq and shareholder approval and other specified conditions, will result in WHEN Group becoming a majority owned subsidiary of Cuentas.
  • WHEN Group was founded by Israeli engineers and international professionals with deep backgrounds in cybersecurity and data threat remediation in both government and private sectors.
  • WHEN Group has recently moved into telecommunications platforms with its acquisition of CrossMobile, a licensed telecom (full core mobile virtual network operator) in Poland, joining a small group of licensed telecom operators in the EU.
  • The closing is contingent on several factors, including without limitation, the approval of Nasdaq and the shareholders of Cuentas.

CUEN - Cuentas Announces Management Changes and Appoints New Financial Officer

Retrieved on: 
Thursday, October 19, 2023
Tel Aviv Stock Exchange, OTC Markets Group, Acquisition, Ernst & Young, College, Growth, Strategic business unit, MIAMI, University College of Management Studies, Management, Retail, Tribunal Mayor de Cuentas de Buenos Aires

MIAMI BEACH, Fla., Oct. 19, 2023 (GLOBE NEWSWIRE) -- Cuentas, Inc. (Nasdaq: CUEN & CUENW), the developer of an alternative financial ecosystem for the underbanked, proudly announces significant management changes to fortify its foundation for future growth. The company’s latest move involves the appointment of Mr. Shlomo Zakai as Chief Financial Officer and Mr. Adiv Baruch as Strategic Business Officer.

Key Points: 
  • Cuentas appoints a new Chief Financial Officer and makes additional management changes in anticipation of future acquisition and impending product launch.
  • MIAMI BEACH, Fla., Oct. 19, 2023 (GLOBE NEWSWIRE) -- Cuentas, Inc. (Nasdaq: CUEN & CUENW), the developer of an alternative financial ecosystem for the underbanked, proudly announces significant management changes to fortify its foundation for future growth.
  • The company’s latest move involves the appointment of Mr. Shlomo Zakai as Chief Financial Officer and Mr. Adiv Baruch as Strategic Business Officer.
  • Simultaneously, Cuentas is pleased to announce the appointment of Mr. Adiv Baruch as the Strategic Business Officer.

Cuentas to Introduce Proprietary Mobile Security Technology to the U.S. Market

Retrieved on: 
Monday, October 16, 2023
Cyberbullying, Acquisition, Government, USD, MIAMI, Computer security, Red, International Red Cross and Red Crescent Movement, AI, Communication, UCG, Telecom, Depression, Internet of things, RET, Telecommunications, Machine learning, RNA, Fintech, Digital, Cyberattack, B2C, A.I, Parent, Intelligence, Maimon, Mossad, Senior, Major, Child, Risk management, Cryptocurrency, Online shopping, EU, WHEN, Tribunal Mayor de Cuentas de Buenos Aires

Upon closing of the acquisition, Cuentas intends to begin integrating WHEN’s portfolio of Cyber Security solutions into the Cuentas Mobile Platform as well as offering WHEN’s advanced solutions to Cuentas’ fintech partners.

Key Points: 
  • Upon closing of the acquisition, Cuentas intends to begin integrating WHEN’s portfolio of Cyber Security solutions into the Cuentas Mobile Platform as well as offering WHEN’s advanced solutions to Cuentas’ fintech partners.
  • Cuentas believes that this will provide a powerful proof of concept for the Company’s planned launch of services into the US.
  • Management believes their solutions address a broad segment of the fast-growing, multi-billion-dollar cyber security market.
  • The closing is contingent on several factors, including without limitation, the approval of Nasdaq and the shareholders of Cuentas approving the transaction.

Cuentas to Introduce Proprietary Mobile Security Technology to the U.S. Market

Retrieved on: 
Monday, October 16, 2023
Cyberbullying, Acquisition, Government, USD, MIAMI, Computer security, B2B, Red, AI, International Red Cross and Red Crescent Movement, Communication, UCG, Telecom, Management, Depression, Internet of things, RET, Telecommunications, Machine learning, Letter, RNA, Fintech, Risk, Digital, Cyberattack, B2C, OTC Markets Group, A.I, Parent, Intelligence, Maimon, Mossad, Senior, Privacy, Finance Secretary (India), Major, Child, Financial services, Risk management, Cryptocurrency, Online shopping, WHEN, Tribunal Mayor de Cuentas de Buenos Aires

MIAMI BEACH, FL, Oct. 16, 2023 (GLOBE NEWSWIRE) -- Cuentas, Inc. (Nasdaq: CUEN & CUENW) ("Cuentas"), developer of an alternative financial ecosystem to the underbanked, today signed a letter of intent to acquire control of WHEN Group (World Health Energy Holdings, Inc. – OTC Pink: WHEN), pending Nasdaq and shareholder approval and other specified conditions, through a share exchange with WHEN’s principal shareholder, leaving Cuentas uniquely debt-free and well positioned to grow its mobile and FinTech lines.

Key Points: 
  • Cuentas’ Proposed Acquisition of a 75% Equity Stake in World Health Energy Holdings, Inc. (OTC Pink:WHEN) is intended to Expand Cuentas’ Mobile business and Provide critical Next-Generation Security Against Privacy and Cyber Threats.
  • Upon closing of the acquisition, Cuentas intends to begin integrating WHEN’s portfolio of Cyber Security solutions into the Cuentas Mobile Platform as well as offering WHEN’s advanced solutions to Cuentas’ fintech partners.
  • Management believes their solutions address a broad segment of the fast-growing, multi-billion-dollar cyber security market.
  • The closing is contingent on several factors, including without limitation, the approval of Nasdaq and the shareholders of Cuentas approving the 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
Heart, Fintech, Partnership, Nation, SDI, NACS, Opportunity, POS, Museo del Prado, Finance, Unbanked, Sale, Vserv Digital Services, Bodega, CNBC, National Association of Convenience Stores, Acquisition, Convenience, Greater New York, MIAMI, National Association, OLB, Cryptocurrency, Online shopping, Tribunal Mayor de Cuentas de Buenos Aires

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
Heart, Fintech, Partnership, Nation, SDI, NACS, Opportunity, POS, Museo del Prado, Finance, Unbanked, Sale, Vserv Digital Services, Bodega, CNBC, National Association of Convenience Stores, Acquisition, Convenience, Greater New York, MIAMI, National Association, OLB, Cryptocurrency, Online shopping, Tribunal Mayor de Cuentas de Buenos Aires

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 Scores Major Win as It Becomes Exclusive Fintech Sponsor of the Major Arena Soccer League (MASL) for 2022-2023 Season

Retrieved on: 
Thursday, September 29, 2022
Major Arena Soccer League, Future, Organization, News, Partnership, GPR, Latin Americans, Science and technology in Asia, Nasdaq, NASDAQ, MASL, MIAMI, ACH, Marketing, Multimedia, Association, Sport, Association football, Tribunal Mayor de Cuentas de Buenos Aires, Telemundo, Western Union

MIAMI BEACH, Fla., Sept. 29, 2022 /PRNewswire/ -- Cuentas, Inc. (Nasdaq: CUEN & CUENW) ("Cuentas"), a leading fintech provider of financial app and payment solutions, today announced it will become the official partner of the Major Arena Soccer League (MASL), the highest level of professional indoor soccer in North America. The partnership with MASL Properties marks a key step in Cuentas' efforts to bring its financial tools to tens of millions of unbanked and underserved Latinos in the U.S.

Key Points: 
  • Per the agreement, Cuentas will be named the exclusive fintech sponsor of the MASL League throughout the 2022-2023 season, including preseason and playoffs, beginning November 14, 2022.
  • The league will present and incorporate the fintech brand in each of its broadcasts with a link for Cuentas activation.
  • Major Arena Soccer League Properties looks forward to bringing the benefits of the Cuentas card and its fintech platform to fans of our league and teams," said MASL Commissioner Keith Tozer.
  • The Major Arena Soccer League represents the highest level of professional indoor soccer in the world.

Banco de la Nación del Perú Goes Live With Temenos to Accelerate Financial Inclusion With 2 Million New Accounts

Retrieved on: 
Thursday, March 17, 2022
Professional Services, Technology, Mobile, Wireless, Finance, Software, Banking, Cloud, Tribunal Mayor de Cuentas de Buenos Aires, COVID-19, National Household Targeting System for Poverty Reduction, Government, DNI, Growth, Industry, Temenos AG, SBS, Software, Maintenance, Bank, Temenos

Banco de la Nacin del Per went live with Temenos (SIX: TEMN), the banking software company.

Key Points: 
  • Banco de la Nacin del Per went live with Temenos (SIX: TEMN), the banking software company.
  • In the first phase of the implementation, Temenos Banking Cloud supported the opening of two million new digital accounts called Cuentas DNI.
  • Banco de la Nacin del Per has approximately 570 branches, 60% of which are located in remote areas of the country.
  • Enrique Ramos OReilly, managing director in Latin America and the Caribbean, Temenos, "We are proud to partner with Banco de la Nacin del Per.

InComm Payments Partners with Cuentas to Make New Transit Card Available at Hundreds of New York City Retail Locations

Retrieved on: 
Thursday, January 27, 2022
Health, Mark (given name), Industry, Omnichannel, News, SDI, ACH, Business development, Solution, Technology, ATM, Business, Nasdaq, GPR, CEO, Partnership, Mobile phone, Online shopping, Tribunal Mayor de Cuentas de Buenos Aires

"Our payments card technology, together with InComm Payments' transit solutions and SDI's retail software capabilities, are enabling access in this essential retail channel, with more locations to come online in the coming months."

Key Points: 
  • "Our payments card technology, together with InComm Payments' transit solutions and SDI's retail software capabilities, are enabling access in this essential retail channel, with more locations to come online in the coming months."
  • "Transit programs like this need retail locations upon which riders can consistently rely," said Michael Herold, Vice President of Business Development at InComm Payments.
  • Riders can simply purchase transit cards at retail and then tap and ride at participating New York City transit stations throughout the region.
  • Cuentas customers can also use their Cuentas card and account to reload transit cards directly in the Cuentas app.