First Global Obtains New US State License and Launches Artificial Intelligence Unified Chat Interface for Mobile Payments

Fintech Investing

First Global Data (TSXV:FGD) has announced that is wholly owned US subsidiary, First Global Money, has obtained its money transmitter license for the state of Michigan. As quoted in the press release: According to Wikipedia: “Michigan is the tenth most populous of the 50 United States.” With the ongoing license application process, the Company is working toward being …

First Global Data (TSXV:FGD) has announced that is wholly owned US subsidiary, First Global Money, has obtained its money transmitter license for the state of Michigan.
As quoted in the press release:

According to Wikipedia: “Michigan is the tenth most populous of the 50 United States.” With the ongoing license application process, the Company is working toward being licensed in all US States by the end of Q3 2017.
The Company is also pleased to announce that it has enhanced its mobile payment offering by adding a unified chat interface for transactions. This is a high level artificial intelligence capability wherein words and abbreviations are interpreted so customers can “chat to transact”.
Artificial intelligence is part of the new technology wave as exemplified by Google, Amazon and Apple who have created their own version of a virtual assistant. Our chatbot will offer a single chat window interface for ease of use thereby saving time and offering convenience. Chatting will enable the completion of numerous tasks.
Customers in India are now able to perform the following services through this interactive chat response capability:

  • P2P Transfer
  • Mobile Recharge
  • Bill Payments
  • Bus Ticketing
  • Cab Booking
  • Hotel Booking
  • Air Ticketing
  • Offers
  • Food Ordering
  • Home Services such as Laundry
  • Events & Activities
  • Rail Ticketing
  • Rail Food Ordering
  • Healthcare- Doctor Appointments & Medicine Delivery
  • Movie Ticketing
  • Home Services – Repairs, Handyman, Beauty Services

First Global will add this artificial intelligence for “chat to transact” capability to its other international mobile payment deployments.

Click here to read the full press release.

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