MOBI724 Global Solutions Inc. (CSE: MOS) Signs a Commercial Agreement With Credicorp Bank to Implement Its Card-Linked Offers & Rewards Platform
Momentum Public Relations
Press Release: January 23, 2018
MOBI724 Global Solutions Inc. (“MOBI724” or the “Company”) (CSE:MOS), (OTCQB:MOBIF), a FinTech leader offering integrated EMV payment, Card-Linked Offers, Digital Marketing and Business Intelligence Solutions, entered into an commercial agreement with Credicorp Bank S.A. (“CrediCorp Bank”), a leading Panamanian Bank, to provide MOBI724’s suite of integrated Loyalty Solutions, including Card-Linked Offers & Rewards, Digital Marketing and Business Intelligence Solutions, through the Visa Loyalty and Offers Platform.
MOBI724’s Card-Linked Offers & Rewards platform will allow members of Credicorp Bank’s Benefits and Loyalty Programme the possibility to redeem their points directly at the Point of Sale of participating retailers, using their credit cards in a single transaction and in a seamless customer experience, as well as the immediate redemption of discounts and coupons at the Point of Sale when using their credit card; leveraging MOBI724’s integration and connectivity with the Visa Offers Platform.
Marcel Vienneau, CEO of MOBI724, stated “We are very excited about the opportunity to launch our platform with our first client in Panama. By leveraging MOBI724’s integration and connectivity to the Visa Offers Platform, we are able to provide Credicorp Bank with our innovative Card-Linked Offers and Rewards Platform. This, in turn, will allow Credicorp Bank to maximize cardholders’ purchase activity and to generate incremental revenues for the bank”.
Raul Reyes, VP of Cards and Payment Systems for Credicorp Bank, stated “We strongly believe that through our alliance with MOBI724 Card-Linked Offers and Rewards Platform, we will be able to give our customers an innovative and seamless user experience for redeeming their rewards”.
About MOBI724 Global Solutions
“We enable smart transactions anywhere”
MOBI724, a leader in the FinTech industry based in Montreal (Canada), offers a unique and fully integrated suite of payment, digital marketing and business intelligence solutions with a combined EMV Payment, Card Linked Offers, and Digital Marketing & Business Intelligence platform that works on any card and any mobile device. MOBI724’s solutions add value to all types of transactions benefiting banks, retailers and cardholders by leveraging available user and purchasing data to increase transaction volumes and spend. MOBI724 provides a turnkey solution to its clients to capture card transactions on any mobile device, at any point of sale or from any payment card. MOBI724 provides its customers with full and comprehensive traceability and enriched consumer data through its offering. Its solutions enable card associations, retailers, manufacturers, offer providers, mobile operators and card issuers to create, manage, deliver and “track and measure” incentive campaigns worldwide to any mobile device and allow its redemption at any point of sales.
About Credicorp Bank
Established in 1992, Credicorp Bank is a full-service Panamanian banking institution and one of the most important in the country. Credicorp Bank is part of CREDICORP FINANCIAL GROUP, which is composed of 7 subsidiaries in the areas of banking, insurance, investments, asset management and Hydroelectric ventures.
Cutting edge technologies has been their hallmark and throughout the past two decades have been constantly innovating, striving to offer customized products and services to meet the financial needs of their clients.
Their strong performance in recent years earned them the BEST COMMERCIAL BANK IN PANAMA 2012 award, granted by the prestigious WORLD FINANCE magazine.
Legal Disclaimer
Certain statements in this document, including those which express management’s expectations or estimations with regard to the Company’s future performance, constitute “forward-looking statements” as understood by applicable securities laws. Forward-looking statements are, of necessity, based on a certain number of estimates and hypotheses; while management considers these to be accurate at the time they are expressed, they are inherently subject to significant uncertainties and risks on the commercial, economic and competitive levels. We advise readers that these forward-looking statements are subject to risks, uncertainties, and other known and unknown factors that may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied in these forward-looking statements. Investors are advised to not rely unduly on the forward-looking statements. This advisory applies to all forward-looking statements, whether expressed orally or in writing, attributed to the Company or to any individual expressing them in the name of the Company. Unless required by law, the Company is under no obligation to publicly update these forward-looking statements, whether to reflect new information, future events, or other circumstances.
The Canadian Securities Exchange (CSE) has not reviewed this news release and does not accept responsibility for its adequacy or accuracy. This news release does not constitute a solicitation to buy or sell any securities in the United States.
For further information, please visit MOBI724.com or contact:
Investor Relations:
Mr. Andreas Curkovic
Proconsul Capital Ltd.
T: 416-577-9927;
E: andreascurkovic@sympatico.ca
- Published in Mobi724 Global Solutions, Technology
MOBI724 Global Solutions inc. Announces Completion of System Integration Test Certification for Local EMV Debit Cards in the Philippines
MOBI724 Global Solutions inc. Announces Completion of System Integration Test Certification for Local EMV Debit Cards in the Philippines
Momentum Public Relations
Press Release: July 20, 2017
MONTREAL, QUEBEC–(Marketwired – July 20, 2017) – Mobi724 Global Solutions Inc. (CSE:MOS)(CSE:MOS.CN)(CNSX:MOS)(OTCQB:MOBIF), a Fintech leader offering integrated EMV payment, card-linked offers and digital marketing, via its subsidiary Mobi724 Asia Inc., announces that its transaction switch host has completed the System Integration Certification (“SIT”) with the local debit EMV schemes in the Philippines. This first certification step successfully confirmed the host connectivity, security, EMV transaction capability and settlement of MOBI724’s solution. This is the first step of a complete process involving MOBI724’s technology. Subsequent steps, which are normally completed in days, are expected to commence next week and will involve a third-party Point-of-Sale (“POS”) provider. The certification is on behalf of local clients in the Philippines who will use MOBI724 solutions to roll out a full EMV solution.
“Today we are proud to confirm our ability to process EMV transactions via our transaction switch host. This certification also confirms the flexibility of our solutions as they can be adapted so as to process local debit transactions in foreign markets” says Marcel Vienneau, CEO, Mobi724. “The next certification step is expected to commence next week with a POS manufacturer. Once completed, we will deploy our EMV end-to-end hosted solution in the Philippines with existing clients that require this certification.”
About Mobi724 Global Solutions
Mobi724, a leader in the fintech industry based in Montreal (Canada), offers a unique and fully integrated suite of payment & digital marketing solutions with a combined EMV Payment, Card Linked Offers, and Digital Marketing platform that works on any card and any mobile device. Mobi724’s solutions add value to all types of transactions benefiting banks, retailers and cardholders by leveraging available user and purchasing data to increase transaction volumes and spend. Mobi724 provides a turnkey solution to its clients to capture card transactions on any mobile device, at any point of sale or from any payment card. Mobi724 provides its customers with full and comprehensive traceability and enriched consumer data through its offering. Its solutions enables card associations, retailers, manufacturers, offer providers, mobile operators and card issuers to create, manage, deliver and “track and measure” incentive campaigns worldwide to any mobile device and allow its redemption at any point of sales.
Forward-Looking Statements
Certain statements in this document, including those which express management’s expectations or estimations with regard to the Company’s future performance, constitute “forward-looking statements” as understood by applicable securities laws. Forward-looking statements are, of necessity, based on a certain number of estimates and hypotheses; while management considers these to be accurate at the time they are expressed, they are inherently subject to significant uncertainties and risks on the commercial, economic and competitive levels. We advise readers that these forward-looking statements are subject to risks, uncertainties, and other known and unknown factors that may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied in these forward-looking statements. Investors are advised to not rely unduly on the forward-looking statements. This advisory applies to all forward-looking statements, whether expressed orally or in writing, attributed to the Company or to any individual expressing them in the name of the Company. Unless required by law, the Company is under no obligation to publicly update these forward-looking statements, whether to reflect new information, future events, or other circumstances.
This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”) or any state securities laws and may not be offered or sold within the United States unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.
The Canadian Securities Exchange (CSE) has not reviewed this news release and does not accept responsibility for its adequacy or accuracy.
MOBI724 Global Solutions Inc.
Marcel Vienneau
1-514-394-5200 x 413
www.mobi724.com
- Published in Mobi724 Global Solutions, Mobile Technology, News Home, Technology
MOBI724 Global Solutions Announces Initiation of Certification for Local EMV debit cards in the Philippines via its subsidiary MOBI724 Asia
MOBI724 Global Solutions Announces Initiation of Certification for Local EMV debit cards in the Philippines via its subsidiary MOBI724 Asia
Momentum Public Relations
Press Release: May 25, 2017
MONTREAL, QUEBEC–(Marketwired – May 25, 2017) – MOBI724 Global Solutions Inc. (MOBI724) (CSE:MOS)(CSE:MOS.CN)(CNSX:MOS)(OTCQB:MOBIF), a fintech leader offering integrated EMV payment, card-linked offers and digital marketing, via its subsidiary MOBI 724 Asia Inc., today announced the initiation of certification for the local debit EMV schemes in the Philippines market. The certification is on behalf of local prospects who intend to use MOBI724 solutions to roll out a full EMV solution to their customers.
“This certification is expected to boost the reach of MOBI724 in the Philippines and gain access to many acquirers who are transitioning to EMV solutions.”
“We are proud of becoming one of the first local EMV certified end to end solution in the Philippines market which will allow us to serve the Philippines market with the EMV and all our card link solutions which include financial institutions, acquiring networks and merchants alike ” says Marcel Vienneau, CEO, MOBI724. “This EMV certification is expected to help acquirers to remain compliant with the Central Bank of Philippines (BSP) regulation.”
About MOBI724
MOBI724, a leader in the fintech industry based in Montreal (Canada), offers a unique and fully integrated suite of payment & digital marketing solutions with a combined EMV Payment, Card Linked Offers, and Digital Marketing platform that works on any card and any Mobile device. MOBI724’s solutions add value to all types of transactions benefiting banks, retailers and cardholders by leveraging available user and purchasing data to increase transaction volumes and spend. MOBI724 provides a turnkey solution to its clients to capture card transactions on any Mobile device, at any point of sale or from any payment card. MOBI724 provides its customers with full and comprehensive traceability and enriched consumer data through its offering. Its solutions enables card associations, retailers, manufacturers, offer providers, Mobile operators and card issuers to create, manage, deliver and “track and measure” incentive campaigns worldwide to any Mobile device and allow its redemption at any point of sales.
Forward-Looking Statements
Certain statements in this document, including those which express management’s expectations or estimations with regard to the Company’s future performance, constitute “forward-looking statements” as understood by applicable securities laws. Forward-looking statements are, of necessity, based on a certain number of estimates and hypotheses; while management considers these to be accurate at the time they are expressed, they are inherently subject to significant uncertainties and risks on the commercial, economic and competitive levels. We advise readers that these forward-looking statements are subject to risks, uncertainties, and other known and unknown factors that may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied in these forward-looking statements. Investors are advised to not rely unduly on the forward-looking statements. This advisory applies to all forward-looking statements, whether expressed orally or in writing, attributed to the Company or to any individual expressing them in the name of the Company. Unless required by law, the Company is under no obligation to publicly update these forward-looking statements, whether to reflect new information, future events, or other circumstances.
This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”) or any state securities laws and may not be offered or sold within the United States unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.
The Canadian Securities Exchange (CSE) has not reviewed this news release and does not accept responsibility for its adequacy or accuracy.
MOBI724 Global Solutions Inc.
Marcel Vienneau
1-514-394-5200 x 413
www.MOBI724.com
- Published in Financial Technology, Mobi724 Global Solutions, News Home, Technology
Mobi724 Global to hold 2016 results, update webinar
Mobi724 Global to hold 2016 results, update webinar
Mobi724 Global Solutions Inc. hereby invites its current shareholders as well as the public to attend a webinar presided by Marcel Vienneau, chief executive officer of Mobi724, to provide a management update and to answer questions further to the filings of the audited annual financial statements for the year ended Dec. 31, 2016, and the management discussions and analysis.
Please register for management update on May 1, 2017, 2:30 p.m. EST. After registering, you will receive a confirmation e-mail containing information about joining the webinar.
About Mobi724 Global Solutions Inc.
Mobi724 offers a unique and fully integrated suite of payment and digital marketing solutions with a combined EMV (EuroPay, MasterCard and Visa) payment, card-linked offers and digital marketing platform that works on any card and any mobile device.
We seek Safe Harbor.
© 2017 Canjex Publishing Ltd. All rights reserved.
- Published in Financial Technology, Mobi724 Global Solutions, Mobile Technology, News Home, Technology
Mobi724 Global Solutions Inc. (MOS:CSE) Announces Bought Deal
Mobi724 Global Solutions Inc. Announces Bought Deal Financing
Momentum Public Relations
Press Release: April 04, 2017
Mobi724 Global Solutions Inc. (“Mobi724” or the “Company“) (CSE:MOS)(CSE:MOS.CN) – a Fintech leader offering all in one fully integrated EMV payment, card link couponing and digital marketing solutions, announces that it has entered into an agreement with GMP Securities L.P. (the “Underwriter“) for a “bought deal” private placement offering of special warrants of the Company (the “Special Warrants“) at a price per Special Warrant of $0.35 for aggregate gross proceeds of approximately $5 million (the “Offering“).
Each Special Warrant will entitle the holder thereof to receive and without payment of additional consideration, one (1) unit of the Company (each a “Unit” and collectively the “Units“) consisting of one (1) Common Share (each a “Unit Share“) and one-half of one (0.5) common share purchase warrant (each whole common share purchase warrant a “Warrant“). Each whole Warrant, subject to customary adjustments, shall be exercisable into one (1) Common Share (a “Warrant Share“) at an exercise price of $0.46 per Warrant Share for a period of two (2) years from the date of issue. If the volume weighted average price of the Common Shares on the CSE is equal to or greater than $0.65 for a period of 10 consecutive trading days then the Company may anytime thereafter accelerate the expiry date of the Warrants to the date that is 30 days following the date on which the Company issues notice to all the Warrant holders of the new expiry date. The Company will also issue a press release on the same date as it issues notice confirming the new expiry date of the Warrants.
The Company has agreed to use its reasonable commercial best efforts to obtain a receipt for a final short form prospectus qualifying the distribution of the Units upon exercise of the Special Warrants (the “Qualification Condition“) on or before the date that is 90 days following closing of the Offering (the “Qualification Deadline“). If the Prospectus Qualification does not occur before the Qualification Condition, each holder shall be entitled to receive, without payment of additional consideration, 1.05 Units per Special Warrant. Unless the Qualification Condition occurs, securities issued in connection with the Offering will be subject to a four-month hold period from the date of issue.
The closing of the Offering is subject to the completion of formal documentation, including but not limited to, the execution of an underwriting agreement with the Underwriter in connection with the Offering and receipt of any required regulatory approvals, including approval of the CSE. All securities issued pursuant to the Offering will be subject to a statutory hold period expiring four months and one day after closing of the Offering. Closing of the Offering is expected to occur on or about April 18, 2017 or such other date as the Underwriter and the Company may agree.
The Company intends to apply to have its Common Shares listed on the TSX Venture Exchange. There can be no assurance that such a listing would occur.
Mobi724 intends to use the net proceeds of the Offering for general corporate purposes.
This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act“) or any state securities laws and may not be offered or sold within the United States unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.
For more information, please visit www.mobi724globalsolutions.com.
About Mobi724 Global Solutions
Mobi724, a leader in the fintech industry based in Montreal (Canada), offers a unique and fully integrated suite of payment & digital marketing solutions with a combined EMV Payment, Card Linked Offers, and Digital Marketing platform that works on any card and any mobile device. Mobi724’s solutions add value to all types of transactions benefiting banks, retailers and cardholders by leveraging available user and purchasing data to increase transaction volumes and spend. Mobi724 provides a turnkey solution to its clients to capture card transactions on any mobile device, at any point of sale or from any payment card. Mobi724 provides its customers with full and comprehensive traceability and enriched consumer data through its offering. Its solutions enables card associations, retailers, manufacturers, offer providers, mobile operators and card issuers to create, manage, deliver and “track and measure” incentive campaigns worldwide to any mobile device and allow its redemption at any point of sales.
- Published in Financial Technology, Mobi724 Global Solutions, Mobile Technology, News Home, Technology
Visa expands QR code mobile payments to more countries
Visa expands QR code mobile payments to more countries
Visa has announced that mVisa, its QR-based payment service, is now live in India, Kenya and Rwanda, and will soon be available to merchants and consumers in Egypt, Ghana, Indonesia, Kazakhstan, Nigeria, Pakistan and Vietnam, according to a press release.
“Customers have told us they appreciate how fast and easy it is to use mVisa,” Uttam Nayak, senior vice president of digital for emerging markets at Visa, said in a statement. “Small merchants using mVisa for the first time are most excited about how quickly and securely they receive electronic payments without having to invest into expensive point-of-sale infrastructure.”
Visa first tested mVisa in India two years ago.
- Published in Blog, Financial Technology, Mobi724 Global Solutions, Mobile Technology, News Home, Technology
MOBI724 Global Solutions Inc. (MOS:CSE) Signs Agreement with CredibanCo Colombia
MOBI724 Global Solutions Inc. (CSE:MOS) Signs Agreement with CredibanCo Colombia to Provide Integrated Card-Linked Offers Platform
Innovative Card-Linked Offers Platform for Colombian Card Issuers and Retailers
– Momentum Public Relations –
Press Release: February 16, 2017
MOBI724 Global Solutions Inc. (“MOBI724” or the “Company”) (CSE:MOS)(CSE:MOS.CN), a fintech leader offering integrated EMV payment, card-linked offers and digital marketing, has signed a partnership agreement with CredibanCo, Colombia’s largest payment cards network and processor, to deliver an integrated card-linked offers and digital marketing platform for card issuers and retailers in the Colombian market.
MOBI724’s innovative card-linked offers patent-pending solution will allow Colombian card issuers to enable cardholders to redeem offers directly at the more than 172,000 CredibanCo points-of-sale – all within a seamless user experience for all the parties in the ecosystem: issuers, cardholders and retailers.
Cardholders will have the ability to receive relevant and targeted card-linked offers and rewards. With MOBI724’s innovative card-linked offers solution, when a consumer makes a purchase with a debit or credit card and – once the transaction is authorized – the value of the offer or reward is credited to the cardholder’s account in real time. This platform gives card issuers the opportunity to increase spend and usage while fostering consumer loyalty and the ability to send real time personalized notifications.
Colombian card issuers will also benefit from MOBI724’s other solutions and services, including data analytics and business intelligence.
MOBI724 and CredibanCo will go to market with a joint solution providing an integrated platform that helps card issuers offer new and innovative solutions with ease. Integration is underway.
“We are thrilled to partner with CredibanCo, the largest payment-acquiring network in Colombia, to offer our state-of-the-art card-linked offers and business intelligence platform. We are looking forward to leveraging the full potential of our solution for the benefit of card issuers and cardholders, while adding more transactions for CredibanCo’s merchants,” says Marcel Vienneau, CEO, MOBI724.
Luis Sierra, VP Corporate Business CredibanCo, stated: “We are enthusiastic about this opportunity to add significant value to our merchant network, card issuing business partners and the end consumer through Mobi724’s leading-edge proven solutions; we look forward to greatly invigorate the Colombian market around card-linked offers and electronic marketing.”
About CredibanCo
CredibanCo is a Colombian corporation, facilitating and simplifying methods of electronic payments, transactions and digital information in the financial and retail areas. CredibanCo is the largest processor in the country and has more than 220,000 affiliated merchants and more than 172,000 points of sales for electronic payment acceptance. The company has been a pioneer in the launch of mobile payment solutions. www.credibanco.com
About Mobi724 Global Solutions
Mobi724 Global Solutions Inc. (CSE:MOS) is a fintech leader offering integrated EMV payment, card-linked offers and digital marketing. Headquartered in Montreal, Canada, Mobi724 is innovating its market with technology solutions that interoperate seamlessly with any credit/debit card and any mobile device. Mobi724’s solutions increase transaction volumes and average spend while benefitting financial institutions, merchants and cardholders.
For more information, visit www.mobi724globalsolutions.com.
- Published in Financial Technology, Mobi724 Global Solutions, Mobile Technology, News Home, Technology
MOBI724 Global Solutions (CSE: MOS) Signs Agreement with Visa to Integrate with Visa Offers Platform
MOBI724 Global Solutions (CSE: MOS) Signs Agreement with Visa to Integrate with Visa Offers Platform
– Momentum Public Relations –
Press Release: January 19, 2017
MOBI724 Offers Innovative Card-Linked Offers and Loyalty Platform to Visa Issuing Banks
MOBI724 Global Solutions Inc. (“MOBI724” or the “Company”) (CSE: MOS), a FinTech leader offering integrated EMV payment, Card-Linked Offers and Digital Marketing, has signed an agreement with Visa to integrate its solutions with the Visa Offers Platform. Visa will provide MOBI724 with qualifying purchase notifications to enable MOBI724 to deliver integrated Card-Linked Offers and Loyalty Platforms to participating Visa-issuing banks and their cardholders starting in the United States.
MOBI724’s patent-pending solution will allow participating issuers to enable their cardholders to redeem offers without the need for coupons or promo codes at the point-of-sale (POS). It provides a seamless user experience for all parties in the ecosystem: issuers, cardholders and retailers.
How the MOBI724 solution works: cardholders who are enrolled in their bank’s program will receive targeted Card-Linked Offers and Rewards from the issuer. With MOBI724’s innovative Card-Linked Offers solution, consumers can make qualifying purchases with their enrolled credit or debit card and, once a transaction is authorized, the value of the offer or the value of the reward will be automatically credited to the cardholder’s account. This infrastructure gives issuing banks the opportunity to increase card spend and usage while fostering consumer loyalty and the ability to send personalized notifications in near real time.
“Our integration with the Visa Offers Platform represents a great opportunity for us and will enable MOBI724 to deliver real value to participating issuers and cardholders; says Marcel Vienneau, CEO, MOBI724. “We intend to expand our Card-Link Offer capabilities to other countries where we operate today, such as in Latin America and Asia Pacific, ”
About MOBI724 Global Solutions
Headquartered in Montreal, Canada, MOBI724 Global Solutions Inc. (CSE: MOS), a leader in the FinTech industry, offers a unique and fully integrated suite of Card-Link Offers, Digital Marketing and EMV Payment solutions.
MOBI724 is innovating the market with a combined EMV payment, Card-Linked Offers and Digital Marketing Platform that works on any payment card and any mobile device. MOBI724 pioneered the addition of intelligence to all types of transactions benefiting banks, retailers and cardholders. MOBI724 succeeds in leveraging all available user and purchasing data to increase transaction volumes and spend.
MOBI724 provides a turnkey solution to clients to capture payment card transactions on any mobile device, at any POS or from any payment card. Our easy-to-adapt gateway switch is designed for simple integration with all payment protocols.
Within the same suite, MOBI724 combined its Card-Linked Offers solution and provided payment card issuers, banks and retailers with the ability to add offers and/or coupons, which can be redeemed directly at the POS in a seamless user experience for all the parties in the ecosystem
MOBI724 provides its customers with full and comprehensive traceability and enriched consumer data through its offering. Its solutions enable card associations, payment card issuers, banks and retailers to create, manage, deliver and “track and measure” incentive campaigns worldwide to any payment card, to any mobile device and allow redemption at any POS.
MOBI724 ’s credit and debit EMV payment solutions allow banks to process end-to-end EMV transactions, focusing on authentication, PCI security and quick merchant adoption, which allows to process payments with a wide range of devices.
MOBI724 Global Solutions unleashes the true potential of both Card-Link Offers and smart payment transactions.
For more information, visit www.mobi724globalsolutions.com or call Marcel Vienneau at 1-514-394-5200 x 413.
- Published in Financial Technology, Mobi724 Global Solutions, Mobile Technology, News Home, Technology
Mobi724 Global Solutions Inc. Signs Commercial Agreement with Banco Macro
MOBI724 Global Solutions Inc.’s (CSE:MOS) subsidiary, Mobi724 S.R.L. signs a commercial agreement with Banco Macro to provide its oneSwipe Card-Linked-Offers Solution
– Momentum Public Relations –
Press Release: December 07, 2016
Innovative oneSwipe Card-Linked Offers Solution for Banco Macro’s more than 2.5 million credit cardholders
MOBI724 Global Solutions Inc. (“MOBI724” or the “Company”) (CSE:MOS) (CSE:MOS.CN), a Fintech leader offering all in one fully integrated EMV payment, card link couponing and digital marketing – MOBI724 S.R.L. an Argentine corporation, a wholly owned subsidiary of MOBI724 Global Solutions Inc., has signed a commercial agreement with Banco Macro to implement, integrate, maintain and support MOBI724’s oneSwipe Card-Linked-Offers solution for Banco Macro’s card holder base.
MOBI724’s innovative oneSwipe Card-Linked-Offers patent pending solution will allow Banco Macro’s cardholders, to redeem their offers directly at the Point of Sale of participating retailers, in a seamless customer experience.
Banco Macro will also benefit from MOBI724’s other solutions and services such as Data Analytics & Business Intelligence.
Marcel Vienneau CEO of MOBI724 stated “We are thrilled to be able to provide one of the largest and fastest growing top 5 banks in the country, with our state of the art card-linked-offers & BI platform, and we are looking forward to working with the bank so they can truly leverage the full potential of our solution for the benefits of their card holders”.
About Banco Macro
Macro is the only Bank that can show 58 consecutive quarters with profit. It is the first Bank in domestic private capitals. The Bank’s net income totaled Ps.1.8 billion in the second quarter of 2016. This result was 28{92d3d6fd85a76c012ea375328005e518e768e12ace6b1722b71965c2a02ea7ce} higher than the Ps.1.4 billion posted in the first quarter of 2016 and 119{92d3d6fd85a76c012ea375328005e518e768e12ace6b1722b71965c2a02ea7ce} higher than the Ps.824.2 million reported in the second quarter of 2015. In the second quarter of 2016, Banco Macro’s financing to the private sector grew 13{92d3d6fd85a76c012ea375328005e518e768e12ace6b1722b71965c2a02ea7ce} quarter over quarter and increased 37{92d3d6fd85a76c012ea375328005e518e768e12ace6b1722b71965c2a02ea7ce} year over year.
About Mobi724 Global Solutions
MOBI724 Global Solutions Inc. (CSE:MOS), a leader in the Fintech industry based in Montreal (Canada), offers a unique and fully integrated suite of Payment & Digital Marketing solutions.
We are innovating in our market with a combined EMV Payment, Card Linked Offers, and Digital Marketing platform that works on any card and any mobile device. We pioneered in adding intelligence to all types of transactions benefiting banks, retailers and cardholders. We succeed in leveraging all available user and purchasing data to increase transaction volumes and spend.
MOBI724 provides a turnkey solution to its clients to capture card transactions on any mobile device, at any point of sale or from any payment card. Our easy-to-adapt gateway Switch is designed for easy integration with all payment protocols in our target markets.
Within the same solution suite we combined our Card Linked Offers solution, and provided financial institutions´ payment card portfolios and retailers the ability to add offers and/or coupons which can be redeemed directly at the Point of Sale, in a seamless user experience for all the parties in the eco-system.
MOBI724 Global Solutions unleashes the true potential of both payment and card-linked couponing/rewards transactions for both online and offline points of sale (POS).
The Corporation provides its customers with full and comprehensive traceability and enriched consumer data through its offering. Its solutions enables card associations, retailers, manufacturers, offer providers, mobile operators and card issuers to create, manage, deliver and “track and measure” incentive campaigns worldwide to ANY mobile device and allow its redemption at ANY point of sales.
Our credit and debit EMV payment solutions will allow banks to process end to end EMV transactions, focusing on authentication, approved security and quick merchant adoption which allows the users to process payments with a wide range of devices over a secure and seamless transaction.
MOBI724’s PCI and EMV cloud-based switch, with their device agnostic connectivity, simplifies deployment and integration, and introduces new payment and digital incentives solutions to the market enabling multi layered intelligent transactions therefore SMART TRANSACTIONS.
- Published in Financial Technology, Mobi724 Global Solutions, Mobile Technology, News Home
Mobi724 Global Solutions Inc. (CSE:MOS) announces initial coverage by WallStreet Research
Mobi724 Global Solutions Inc. (CSE:MOS) announces initial coverage by WallStreet Research
– Momentum Public Relations –
Press Release: December 06, 2016
MOBI724 Global Solutions Inc. (“MOBI724” or the “Company”) (CSE:MOS)(CSE:MOS.CN), a Fintech leader offering all in one fully integrated EMV payment, card link couponing and digital marketing announced the initiation of coverage by WallStreet Research™ (WSR).
WallStreet Research™ (WSR), a top-ranked independent research firm with a history spanning over three decades, announced that it has initiated Corporate Profile coverage on Mobi724 Global Solutions Inc.
The recent WSR Corporate Profile highlights new accomplishments and growth plans under the guidance of the current management and it’s Board of Directors. MOBI724 is innovating in the FinTech space by offering solutions that add intelligence to all types of transactions benefiting banks, retailers and cardholders.
WSR reports that the market for MOBI724 is rapidly growing and the Company is well positioned for great growth. WSR notes that the Company operates in a global market and that MOBI724 has completed a 3-year strategic plan, which includes monetization of the firm’s solutions in Asia, Latin America, North America and the Caribbean. In 2015 the three major FinTech niches – Payments, Solutions and Technology – all beat the broader market with close to a 14{92d3d6fd85a76c012ea375328005e518e768e12ace6b1722b71965c2a02ea7ce} rate of return. FinTech M&A volume also increased with 195 announced deals and a median deal value of $74 Million in 2015. With the industry seeing 7x growth, WSR conservatively factored a similar multiple of annual trailing revenue and took into consideration that the Company also has a tax loss carry forward of $8 million dollars. Utilizing these factors brings Mobi724 into an approximate $23 million dollar valuation (approximately four times the current level). WSR feels that Mobi724 is well positioned in a fast and explosive industry and has strong potential to meet guidance of over 100{92d3d6fd85a76c012ea375328005e518e768e12ace6b1722b71965c2a02ea7ce} growth next year. The full report can be viewed at the following link address: http://wallstreetresearch.org/reports/MOBI724_FINAL.pdf
About WallStreet Research™
WallStreet Research™ (“WSR”) is a prominent research boutique led by Mr. Alan Stone, Managing Director of Alan Stone & Company, LLC (ASC). The firm specializes in the microcap and small cap investment arena, looking for emerging growth companies with strong management, unique or proprietary technology, significant market potential, financial strength, and outstanding long-term earnings growth possibilities. Mr. Stone was formerly a securities analyst and assistant portfolio manager at Merrill Lynch Asset Management, an investment analyst at Prudential Financial’s Capital Markets Group, and an investment banker with Ladenburg Thalmann & Company. The firm has offices in Los Angeles, CA, Palm Beach, FL, and New York City, NY, and is well known for discovering undervalued companies and bringing them to the attention of the investment community. ASC/WSR also arranges road shows for its publicly traded clients, before the investment community in New York City, California and Florida. Information on WallStreet Research™ can be found at www.WallStreetResearch.org
About Mobi724 Global Solutions
MOBI724 Global Solutions Inc. (CSE:MOS), a leader in the Fintech industry based in Montreal (Canada), offers a unique and fully integrated suite of Payment & Digital Marketing solutions.
We are innovating in our market with a combined EMV Payment, Card Linked Offers, and Digital Marketing platform that works on any card and any mobile device. We pioneered in adding intelligence to all types of transactions benefiting banks, retailers and cardholders. We succeed in leveraging all available user and purchasing data to increase transaction volumes and spend.
MOBI724 provides a turnkey solution to its clients to capture card transactions on any mobile device, at any point of sale or from any payment card. Our easy-to-adapt gateway Switch is designed for easy integration with all payment protocols in our target markets.
Within the same solution suite we combined our Card Linked Offers solution, and provided financial institutions´ payment card portfolios and retailers the ability to add offers and/or coupons which can be redeemed directly at the Point of Sale, in a seamless user experience for all the parties in the eco-system.
MOBI724 Global Solutions unleashes the true potential of both payment and card-linked couponing/rewards transactions for both online and offline points of sale (POS).
The Corporation provides its customers with full and comprehensive traceability and enriched consumer data through its offering. Its solutions enables card associations, retailers, manufacturers, offer providers, mobile operators and card issuers to create, manage, deliver and “track and measure” incentive campaigns worldwide to ANY mobile device and allow its redemption at ANY point of sales.
Our credit and debit EMV payment solutions will allow banks to process end to end EMV transactions, focusing on authentication, approved security and quick merchant adoption which allows the users to process payments with a wide range of devices over a secure and seamless transaction.
MOBI724’s PCI and EMV cloud-based switch, with their device agnostic connectivity, simplifies deployment and integration, and introduces new payment and digital incentives solutions to the market enabling multi layered intelligent transactions therefore SMART TRANSACTIONS.
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