Mobi724 Launches its Real-Time Card-Linked Offers Solution in Costa Rica and Panama with Visa Issuer
Mobi724 Global Solutions Inc., a fintech enabler of AI-powered payment card-linked solutions, today announced it has launched its first real-time card-linked offers solution with Visa Inc. to customers in the Latam markets of Costa Rica and Panama.
Mobi724 Global Solutions Inc. (TSXV: MOS) ("Mobi724" or the "Company"), a fintech enabler of AI-powered payment card-linked solutions, today announced it has launched its first real-time card-linked offers solution with Visa Inc. to customers in the Latam markets of Costa Rica and Panama (the "Real Time Campaigns").
The Real Time Campaigns are made possible given the partnership between Visa and Mobi724, which will make this value-added solution available to Visa clients and cardholders. The Real Time Campaigns consist of messages, offers or reminders that cardholders from select Visa issuers in Panama and Costa Rica will receive after making certain types of transactions. The Real Time Campaigns are expected to generate revenue for the Company in Q1-2022.
"The launching of these real time campaigns with Visa and one of its banking clients, is another endorsement of the capabilities of our technology and our ability to add-value to our customers and their cardholders," said Marcel Vienneau, CEO Mobi724 Global Solutions Inc. "Visa's reputation as the global leader in payments technology is well-established and we are proud and excited that through the integration to VOP our Card-Linked Offers and Rewards Services Platform will be made available to Visa's clients and cardholders alike."
While these real time card-linked campaigns pertain only to the Costa Rica and Panama markets, the terms of the agreement, could allow Mobi724's solutions to be available to Visa clients and their cardholders in any country where Visa operates.
About Mobi724 Global Solutions Inc.
Make Every Transaction an Opportunity
Mobi724 Global Solutions Inc. (TSXV: MOS) is a fintech company that enables banks and merchants to offer their customers real-time payment card-linked incentives, in a white-label format. Mobi724's objective is to add a layer of AI-driven actionable intelligence to every payment transaction, creating engaging consumer experiences & generating incremental commercial opportunities to its clients.
Mobi724 cautions investors that any forward-looking statements or projections made by Mobi724 are subject to risks and uncertainties, that may cause actual results to differ materially from those projected. Such factors include, but are not limited to, those described under Item 'Risk Factors and Uncertainties' in the Company's Management Discussion and Analysis, available on SEDAR.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
THIS NEWS RELEASE DOES NOT CONSTITUTE A SOLICITATION TO BUY OR SELL ANY SECURITIES IN THE UNITED STATES AND IS NOT FOR DISTRIBUTION TO US NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES.
For further information, please visit www.MOBI724.com or contact:
Marcel Vienneau, CEO
Mobi724 Global Solutions Inc.
T: 514-394-5200 email@example.com
Nicole Piasentini, Investor Relations
NATIONAL Capital Markets
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The technology sector currently contributes about AU$167 billion to the Australian economy, according to research commissioned by the Technology Council of Australia. This figure has increased by 79 percent from 2016, representing a growth rate that is more than four times that of most industries. In fact, the tech sector is the third largest economic sector in Australia, behind mining and finance/insurance.
Unsurprisingly, many tech stocks on the ASX have performed well in this landscape.
Below the Investing News Network profiles the five best ASX technology stocks in terms of share price performance in 2021. Data for the companies was gathered on December 31, 2021, using TradingView’s stock screener, and all of the best ASX technology stocks listed had market caps above AU$10 million at that time.
Don’t forget to follow us @INN_Australia for real-time news updates!
Securities Disclosure: I, Melissa Pistilli, hold no direct investment interest in any company mentioned in this article.
The evolution of technology has certainly grabbed the interest of the general public and investors alike as innovation continues to move forward at a remarkable speed.
Overall, the sector has come a long way in the last two decades. In March 2000, the S&P 500's (INDEXSP:.INX) technology index hit its peak of 988.49 points, rising by almost 500 points in the five years leading up to the dotcom bubble. Similarly, the NASDAQ reached an all-time high of 5,000 points during this milestone period.
More than 20 years later, both the S&P 500's technology index and the NASDAQ have more than tripled. The tech market is dominated by major players, with companies like Meta Platforms (NASDAQ:FB), Apple (NASDAQ:AAPL), Amazon (NASDAQ:AMZN), Netflix (NASDAQ:NFLX) and Google (NASDAQ:GOOG) creating vast monopolies.
With so much growth in the technology sector over the last two decades, tech developments are disrupting and shaping our cultural fabric at unprecedented speeds. Industries such as finance, real estate, transportation and healthcare are transforming with current technological advancements.
Here's a breakdown of what technology investing is and why investors should pay attention.
The current market for technology
The past decade or so has seen the evolution of countless tech-related industries. Take, for example, the music industry, which has gone from compact discs to streaming.
The most notable streaming company to emerge from this trend has been Spotify (NYSE:SPOT), which made its NYSE debut in 2018. The platform was used by over 172 million subscribers worldwide as of Q3 2021, compared to 144 million in Q3 2020. Its subscriber count has nearly tripled since Q3 2017, when it was only 62 million.
The cable industry has been shaken up as well. Video-streaming company Netflix (NASDAQ:NFLX) has expanded to over 190 countries worldwide, and is projected to grow its subscriber base to 360 million by 2025. Amazon Prime Video has also exploded in recent years, and is projected to reach 120 million to 150 million subscribers by 2025.
Apple's Apple TV Plus and Disney's (NYSE:DIS) Disney Plus recently joined the ranks, launching video-streaming services with original content in late 2019. Disney Plus was 2019’s top Google search term, and the platform is expected to reach 230 million to 260 million subscribers by 2024. Apple has withheld the number of users it has garnered since launching, but was reported to have an estimated 40 million subscribers as of September 2021.
Speaking of connectivity and the future, the fourth industrial revolution has been tied to various technology arenas, from artificial intelligence (AI) to 3D printing. Countries such as India are banking on "Industry 4.0" to aid in growth optimization and to improve supply chain efficiencies in enterprise.
Blockchain has of course also garnered interest in the tech sector; the global market size is set to hit US$67.4 billion in 2026, growing at a compound annual growth rate of 68.4 percent from 2021. The Stanford Center for Blockchain Research states that blockchain could transform payment systems such as clearings and settlements.
Market Reports Center notes that this part of the market has been held back partially by outdated aspects of mainframe computing technology. "Blockchain is spurred by more modern ways to manage global transactions across national borders from IBM (NASDAQ:IBM), Microsoft (NASDAQ:MSFT) and Accenture (NYSE:ACN)."
In addition, a report from Adobe (NASDAQ:ADBE) shows that mobile advancements and smartphones ranked at the forefront of innovation among participants polled. For its part, Oberlo comments that in 2021 the number of smartphone users was estimated at 6.4 billion worldwide.
The esports industry is also making significant headway, with Statista projecting 2024 revenue of US$1.62 billion worldwide. The burgeoning market currently has over 474 million viewers worldwide, with games such as Dota 2, Fortnite, League of Legends and Counter Strike: Global Offensive awarding millions in esports prize money.
The majority of the esports industry is currently run by a handful of large players, including Tencent Holdings (OTC Pink:TCTZF,HKEX:0700), Activision Blizzard (NASDAQ:ATVI) and Take-Two Interactive (NASDAQ:TTWO).
Industry outlook for technology investing
When looking at the technology market worldwide, its reach is almost untouchable. Globally, the technology economy is the world's third largest, surpassed only by the US and China. “The 10 largest tech firms, which have become gatekeepers in commerce, finance, entertainment and communications, now have a combined market capitalization of more than US$10 trillion,” the New York Times notes.
Deloitte posits that the drive by enterprises to embrace digital transformation is pushing the growth of emerging technologies such as cloud computing, which the research firm forecasts will see revenues of US$354.6 billion by 2022. “Growth opportunities abound for tech companies that execute on all forms of digital transformation, particularly in the areas of cloud, XaaS, analytics, robotic process automation, AI, cybersecurity, and edge computing,” Deloitte notes in its technology industry outlook for 2021.
The McKinsey Global Institute highlights that the internet of things (IoT) market could impact several industries, such as manufacturing, oil and gas, the public sector and healthcare. The firm anticipates that the IoT industry will have a US$11.1 trillion global impact by 2025.
The healthcare sector is expected to see the most growth, with some analysts calling for a compound annual growth rate of 25.9 percent to 2028. In the healthcare field, IoT devices are used for data collection and analysis in medical research, including tracking electronic health records, monitoring patients for improved outcomes and tracking the location of medical equipment.
Despite exciting and profound advancements in natural language processing and prediction, adoption of AI still remains slow. Even so, the evolution of AI is projected to influence and shape society, and analysts estimate that revenues from AI will reach US$126 billion in 2025, up from US$1.37 billion in 2016.
In its technology outlook, PwC points to eight verticals that it thinks will disrupt business: AI, augmented/virtual reality, blockchain, drones, IoT, robotics, 3D printing and autonomous vehicles. All of these verticals are set to see massive returns in revenue.
Ways to start investing in technology
Within the broad scope and magnitude of the tech industry, there are countless ways investors can gain exposure to transformative disruptive technologies.
Exchange-traded funds (ETFs) provide exposure to a basket of securities and are a popular and often inexpensive method for investing. Here’s a brief overview of a few technology ETFs for consideration:
- iShares US Technology ETF (ARCA:IYW): This ETF began on November 12, 2001, and has 151 holdings. It covers big tech names such as Microsoft, Apple, Meta Platforms and Alphabet.
- Technology Select Sector SPDR (ARCA:XLK): This fund has 75 holdings and was started on December 16, 1998. It also holds major names, including Visa (NYSE:V), Mastercard (NYSE:MA), Cisco (NASDAQ:CSCO) and Intel (NASDAQ:INTC), along with Apple, Microsoft and Alphabet.
- iShares Global Tech ETF (ARCA:IXN): Unlike the iShares US Technology ETF, this iShares fund focuses on technology companies from around the world. Founded in 2001, it provides exposure to Japan, Korea, Taiwan and Germany, but also offers a percentage of exposure to US companies. Its international holdings include Samsung Electronics (KRX:005930) and Taiwan Semiconductor Manufacturing Company (NYSE:TSM,TPE:2330).
More advanced investors or those willing to do their research may want to look at stocks in the tech space. Large-cap technology stocks are a good place to start, but it's possible to get specific as well — AI, robotics, esports, virtual reality and blockchain are just a few niche sectors those interested in tech may want to look into.
This is an updated version of an article originally published by the Investing News Network in 2016.
Don't forget to follow us @INN_Technology for real-time news updates!
Securities Disclosure: I, Melissa Pistilli, hold no direct investment interest in any company mentioned in this article.
Advanced Human Imaging Limited (ASX: AHI) (Advanced Human Imaging) is pleased to update shareholders of further expansion of its partnerships and an entry into Latin America after signing a binding term sheet with digital health and medical group NEXTMEDICALL S.A.C (“Nextmedicall”).
- Nextmedicall supply Digital Health and Medical solutions across Latin America.
- Nextmedicall currently Piloting with Entel TelecommunicationChile.
- Nextmedicall assist patients with end-to-end at home medical care.
- Nextmedicall have a strong focus on Chronic Disease management and intervention.
Nextmedicall is a Peruvian medical and technology company pioneering in telemedicine focusing on chronic disease patients in Latin America, supplying a digital ecosystem that connects healthcare stakeholders, to improve the quality of life of patients at home and abroad.
Nextmedicall has an extensive network of doctors and specialists spanning, Traumatology, Orthopaedics, Oncology, Gastroenterology Rehabilitation, Neurosurgery, Gynaecology, Obstetrics, Psychiatry, Dermatology, Paediatrics, Nutrition, and Ophthalmology, specializing in remote personal care. Assisting individuals locate and connect with specialists in the locality when requiring care or assessment of care.
This article includes content from Advanced Human Imaging, licensed for the purpose of publishing on Investing News Australia. This article does not constitute financial product advice. It is your responsibility to perform proper due diligence before acting upon any information provided here. Please refer to our full disclaimer here.
Strategic Partnership will add New Platform for NBA and WNBA Analytics
Champion Gaming Group Inc. (TSXV: WAGR) (formerly, Prime City One Capital Corp.) ("Champion Gaming" or the "Company"), the "Moneyball of Sports Wagering" and the new corporate head of EdjSports and Football Outsiders, announced today that its wholly-owned subsidiary, EdjSports LLC ("EdjSports"), has entered into an exclusive partnership with "Inpredictable" including the integration of Inpredictable's proprietary formulas and analyses. This announcement was made today by Champion Gaming's Co-Founder and Chief Executive Officer, Ken Hershman; Champion Gaming's Chief Innovation Officer and Co-Founder of EdjSports, Frank Frigo; and Inpredictable's founder, Michael Beuoy.
Developed by Beuoy, Inpredictable began as a venue for publishing Beuoy's team rankings based on betting market information. It has since evolved into a general playground for sports analytics work, focusing primarily on the NBA and WNBA.
Inpredictable has developed win probability graphs for every NBA game going back to the 1996-97 season - the beginning of the NBA play-by-play era - as well as for the entire 22+ year history of the WNBA. Additionally, there are other tools built around the concept of win probability (e.g. player win probability, a top-games finder, and a "record explainer").
Throughout this partnership, Champion Gaming and its subsidiaries will receive access to Inpredictable's data and analytics. Beuoy will continue to develop Inpredictable's models and will act as a strategic advisor to Champion Gaming. Beuoy will also help develop data analytics and win probability models for horse racing, soccer and tennis.
"As we continue to grow Champion Gaming, we seek to partner with leaders in the sports betting analytics space," said Hershman. "Like EdjSports and Football Outsiders in football, adding Inpredictable gives us best-in-class advanced analytics in basketball to give players the winning edge."
"Mike Beuoy and Inpredictable are an ideal fit for Champion Gaming," said Frigo. "Their unique metrics and sophisticated modeling capabilities, particularly in the NBA, represent the top tier of sports analytics."
"I'm excited to collaborate with the talented Champion Gaming and EdjSports team and to bring my tools and insights to a broader audience," said Beuoy.
Inpredictable joins other groundbreaking analytics properties in the EdjSports portfolio including:
- Football Outsiders - the original NFL football analytics website founded by Aaron Schatz known for its proprietary DVOA and DYAR statistics.
- EdjSports - the go-to resource for independent, sportsbook agnostic betting tools and insights and the revolutionary prescriptive analytics tool trusted by NFL teams and Super Bowl Champions.
- EdjVarsity - a predictive play calling analytics tool for high school football programs which launched this past spring.
- Massey Ratings - provides objective team evaluation for professional, college, and high school sports.
About Champion Gaming
Champion Gaming is a sports content, data and analytics company that provides predictive and prescriptive analytical models and win probability applications and statistics in the sports industry for teams, media, fans, and bettors. The sports analytical and data solutions currently offered by Champion to its customers include: a fully customized probability engine; interactive sports matchup models; spread and over/under distributions; and sports statistics and historical data statistics.
Certain statements contained in this press release constitute forward-looking information. These statements relate to future events or future performance of the Corporation. The use of any of the words "could", "intend", "expect", "believe", "will", "may", "projected", "estimated" and similar expressions and statements relating to matters that are not historical facts are intended to identify forward-looking information and are based on the Corporation's current belief or assumptions as to the outcome and timing of such future events. Actual future results may differ materially. In particular, this release contains forward-looking information relating to the ability of the Corporation to successfully manage the risks inherent in pursuing business opportunities in the online gaming industry, and the ability of the Corporation to obtain qualified staff, equipment and services in a timely and cost-efficient manner to develop its business, the state of the capital markets, and the impact of the COVID-19 pandemic. Various assumptions or factors are typically applied in drawing conclusions or making the forecasts or projections set out in forward-looking information. Those assumptions and factors are based on information currently available to the parties. Forward-looking information necessarily involve known and unknown risks and uncertainties that could cause actual results to differ materially from those expressed or implied in such forward-looking statements. Such risks and factors include, but are not limited to, the risk that the Corporation's management is unable to obtain qualified staff, equipment and services in a timely and cost-efficient manner to develop its business. The forward-looking information contained in this release is made as of the date hereof and the parties are not obligated to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as required by applicable securities laws. Because of the risks, uncertainties and assumptions contained herein, investors should not place undue reliance on forward-looking information. The foregoing statements expressly qualify any forward-looking information contained herein.
Champion Gaming Group Inc.
T: (917) 597-7762
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.
icetana Limited (ASX:ICE “icetana” or “the Company”) is pleased to announce that it has signed a non-binding Memorandum of Understanding with Threat Protect Australia Ltd (ASX:TPS “Threat Protect”).
- icetana and Threat Protect Australia have signed a Memorandum of Understanding.
- The parties have agreed to collaborate on a Proof of Concept and on enhancements to icetana’s motion intelligence software, specifically for active monitoring solutions.
- The agreement continues to build on icetana’s strong presence in the global guarding services market.
Threat Protect is a leading security company monitoring thousands of customer surveillance cameras across Australia.
The parties have agreed to pursue a Proof-of-concept at an agreed location where Threat Protect provides active monitoring services.
This article includes content from Icetana Limited, licensed for the purpose of publishing on Investing News Australia. This article does not constitute financial product advice. It is your responsibility to perform proper due diligence before acting upon any information provided here. Please refer to our full disclaimer here.
Advanced Human Imaging Limited (ASX: AHI) (NASDAQ: AHI) (“AHI” or the “Company”) is pleased to inform its shareholders that the company has executed all definitive agreements with Toronto based Digital Health provider Cubert Inc (“Cubert”) that has developed FitTrack My Health (“FitTrack”), a preventative health screening app.
- Definitive Agreements concluded with CubertInc.
- Cubert is a technology / device-based Health, Care and Wellness Organization.
- Cubert’s products have a global audience of over 1.8 million active users.
- Cubert’s application “FitTrack MyHealth” has a global audience of over 800,000 active users.
- AHI’s technology will be integrated into the FitTrack platform for release in February 2022.
- FitTrack is supported and used by celebrity collaborators and ambassadors such as Khloe Kardashian, Catherine McBroom, Catherine Giudici(Lowe).
The combined application will be made available in February 2022 across iOS and Android platforms. The new integrated functionality will be called FitScan and will enable its users to privately check, track, accurately assess overall wellness, and predict potential health risks -- all from their smartphone. FitTrack users will be able to combine their FitScan results with FitTrack’s easy to use Health Scores, enhancing FitTrack’s continued evolution to a complete holistic health solution for consumers across both software and hardware.
FitScan’s technology will encompass two core elements, integral to understanding an individual’s health.
This article includes content from [Company Name], licensed for the purpose of publishing on Investing News Australia. This article does not constitute financial product advice. It is your responsibility to perform proper due diligence before acting upon any information provided here. Please refer to our full disclaimer here.