News Hub | News Direct

Technology

Artificial Intelligence Big Data Cloud Computing Cyber Security Data Management Electronics Enterprise & Network Technology Financial Technology Hardware Mobile & Wireless Nanotechnology Semiconductor Software Telecommunications
Article thumbnail News Release

GET Mobile ID certified by UL for all interaction modes of ISO/IEC 18013-5

GET Group North America

GET Group and its affiliate GET Group North America, innovative developers of mobile ID technology with over 30 years of experience in the issuance of secure government credentials, today announced the certification of GET Mobile ID by UL Solutions for all test cases of ISO/IEC 18013-5, the International Mobile Driver’s License (mDL) Standard. GET Mobile ID, for iOS and Android, is the first app to be certified for every interaction mode supported by the International mDL standard and allowed by each operating system. Supporting NFC, QR code, Bluetooth, and Wi-Fi Aware for the sharing of mDL data allows the most flexibility for businesses and agencies to choose the method they will use to check ID efficiently and quickly. GET Mobile ID works whether the devices are connected to the internet or not and protects the security and privacy of citizens during every interaction. “The flexibility of supporting every mDL interaction mode – from tap to nearby to distance – allows citizens total control to share their information securely and lets businesses to determine how they want to interact with customers,” said Alex Kambanis, President and Managing Director for GET Group North America. “The flexibility to fit ID verification into business flows is the missing element toward widespread mDL adoption.” “The flexibility of supporting every mDL interaction mode – from tap to nearby to distance – allows citizens total control to share their information securely and lets businesses to determine how they want to interact with customers,” said Alex Kambanis, President and Managing Director for GET Group North America. “The flexibility to fit ID verification into business flows is the missing element toward widespread mDL adoption.” Compliance with the international standard ensures mobile IDs are secure and can be accepted globally as a legal form of identification as the mDL ecosystem continues to grow. Mobile driver’s licenses powered by GET Mobile ID allow for information such as name or age to be confirmed contactlessly with a simple scan or tap. A physical credential or mobile phone never changes hands. This eliminates the subjectivity of visually authenticating that an ID hasn’t been tampered with. By certifying that it adheres to stringent standards the citizen is empowered with greater control over the privacy of their personal data. They share only the information relevant to a specific transaction. For example, they may confirm they are over 21 years old to purchase alcohol without disclosing their home address and date of birth. The state of Utah currently offers mDL as an option for all Utah citizens with a valid driver's license of ID Card. Utah residents are enrolling daily for this new service and can now rest assured that their UL certified, GET Mobile ID can be used everywhere that is ISO/IEC 18013-5 digital identities are accepted. With over 30 year's experience, GET Group has worked with governments around the world and enabled them to deliver passports, driver’s licenses and other high assurance identity documents. GET is a world leader in the issuance and verification of Mobile IDs and Mobile Driver’s Licenses. The company invests in the latest technologies to deliver modernized solutions to minimize customers’ risks and solve critical challenges, while innovating to combat fraud and produce privacy centric identity solutions people trust. Contact Details GET Group North America Press Team press@getgroupna.com Company Website https://getgroupna.com/

February 16, 2023 10:00 AM Eastern Standard Time

Image
Article thumbnail News Release

IGEN Networks Corp and Prolog Execute LOI for Merger

iGen Networks Corp.

McapMediaWire -- IGEN Networks Corporation (OTC: IGEN ) (CSE: IGN ), a leading innovator of Internet of Things (IoT) solutions for the consumer automotive, asset management, and supply-chain industries, today announces the successful completion of a Letter-of-Intent (LOI) for the purchase of 51% of Prolog privately held shares on January 13, 2023. The purchase in the form of IGEN common shares will be approximately $900K to $1.1M USD paid through multiple tranches based on achieving minimum revenue thresholds that will range from $1.8M to $3.5M USD over the first 12 months from closing of the definitive agreement. Revenue contributions from Prolog will be fully recognized (100%) along with 51% of net income by IGEN upon completion of the proposed merger. Neil G. Chan, CEO of IGEN stated, "This proposed merger creates a unique combination of knowledge and technologies for the supply-chain industry globally. Along with our consultancy practice, IGEN will offer comprehensive end-to-end logistic solutions that include facilities and warehouse management, GPS telemetry and inventory tracking, fleet asset management and maintenance through-out the supply-chain of commercial and government organizations." Juan Ignacio Avila, CEO of Prolog stated, "We are excited with the opportunities of this proposed merger with IGEN. Prolog has proven its leadership in providing comprehensive logistics, supply-chain, maintenance, and management solutions to some of the largest and most complex organizations in Mexico, Spain, and Central America. Through IGEN channels in the US, we can now apply our 25 years of technology expertise and experiences to the US markets along with participating in the growth of our businesses together." The Letter-of-Intent (LOI) is a non-binding agreement and will establish the basic terms for the definitive agreement between IGEN Networks Corp and Prolog. This transaction will be arm's length as additional terms may be added, and existing terms may be changed or deleted. Definitive terms will include a PCAOB qualified financial audit. About IGEN Networks Corporation IGEN Networks Corporation creates software services for the consumer automotive and commercial asset management industries enabling their customers to better manage their assets and protect their drivers. IGEN is a fully reporting company in both Canada and the United States. It is publicly traded on the OTC Markets under the symbol IGEN, and listed on the CSE under the symbol IGN. For more information, please visit: www.igennetworks.net About Prolog Prolog is a technology development and logistics consulting company with over 25 years of experience in the development of supply-chain, logistics, telematics, and asset management solutions. Prolog operates in Mexico, Spain, and Central America with more than 1200 clients, 80 distribution centers, and 250,000 vehicles utilizing its asset management platforms. For more information, please visit: www.prolog.com.mx Forward-Looking Statements This news release may contain forward-looking statements or forward-looking information within the meaning of the U.S. Private Securities Litigation Reform Act of 1995 and Canadian securities law. The terms and phrases "goal", "commitment", "guidance", "expects", "would", "will", "continuing", "drive", "believes", "indicate", "look forward", "grow", "outlook", "forecasts", "intend", and similar terms and phrases are intended to identify these forward-looking statements. Forward-looking statements are based on estimates and assumptions made by IGEN in light of its experience and its perception of historical trends, current conditions and expected future developments, as well as other factors that IGEN believes are appropriate in the circumstances, including but not limited to statements regarding investment liquidity, financing options and long term goals of the Company, general economic conditions, IGEN's expectations regarding its business, customer base, strategy and prospects, and IGEN's confidence in the cash flow generation of its business. Many factors could cause IGEN's actual results, performance or achievements to differ materially from those expressed or implied by the forward-looking statements, including, without limitation: risks related to competition; IGEN's reliance on key personnel; IGEN's ability to maintain and enhance its brand; and difficulties in forecasting IGEN's financial results, particularly over longer periods given the rapid technological changes, competition and short product life cycles that characterize the mobile application industry. These risk factors and others relating to IGEN that may cause actual results to differ are set forth in the under the heading "Risk Factors" in IGEN's periodic filings with the British Columbia Securities Commission and the U.S. Securities and Exchange Commission (copies of which filings may be obtained at www.sedar.com or www.sec.gov. These factors should be considered carefully, and readers should not place undue reliance on IGEN's forward-looking statements. IGEN has no intention and undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law. Contact: IGEN Networks Corporation Neil G. Chan info@igennetworks.net 1(855)912-5378 Contact Details IGEN Networks Corporation info@igennetworks.net Company Website https://www.igennetworks.net/

February 16, 2023 09:53 AM Eastern Standard Time

Article thumbnail News Release

The Crypto Article Not About FTX

Current

By David Willey, Benzinga Almost every crypto article since Nov 11 has been about collapse - the collapse of FTX and the accompanying plummeting of trust in the crypto space. There is a chronic lack of trust in the crypto industry right now, as “gen crypto” (as it has been described) reels from the collapse of one of the largest trading platforms in the business. Cryptocurrencies and platforms have taken a pummeling as a result, and though crypto is here to stay, it might be a while before mainstream exchanges are able to convince users of their honesty. At times like this, some say that it is important to get back to the fundamentals, and that means companies with a demonstrated history of dealing with traders honestly. New York City-based Current might be one such company. Current is a financial technology company offering a platform with integrated financial services, and it has over 4 million users, glowing reviews on every app store, and a record of straight dealing. Current believes that it is the company to make buying and selling cryptocurrency simple, as it understands that users want a straightforward and easy experience. Rebuilding a Foundation of Trust? With an app that integrates various financial services on one platform, Current has demonstrated itself trustworthy in everything from its savings pods that have above-average returns, easy crypto buys and sells, and its speedy direct deposit service that delivers paychecks two days earlier than usual. 1 Because it believes in modern financial solutions that make money simple, Current touts a crypto service that is easy to use and seamlessly integrates crypto buying and selling with the rest of the user’s finances. The app includes teaching materials to help out beginners, while both novices and seasoned traders will appreciate the ease with which they can trade dozens of cryptocurrencies all in one market space. As the platform unites crypto with debit and credit, savings, and direct deposit, it allows instant transferability from crypto to cash and back again, giving users ease of access to their funds at all times. Interested in learning more about Current? Visit its website at Current.com. This article was originally published on Benzinga here. This post contains sponsored advertising content. This content is for informational purposes only and is not intended to be investing advice. Featured photo by ImageFlow on Shutterstock. Cryptocurrency services are powered by Zero Hash LLC and Zero Hash Liquidity Services LLC, and may not be available in all states. Licensed to engage in Virtual Currency Business Activity by the New York State Department of Financial Services. Terms and conditions apply. All forms of investments carry risks, including the possible loss of principal. Cryptocurrency is not subject to FDIC or SIPC coverage. 1 Faster access to funds is based on comparison of traditional banking policies and deposit of paper checks from employers and government agencies versus deposits made electronically. Direct deposit and earlier availability of funds is subject to timing of payer's submission of deposits. Current is a leading U.S. financial technology platform serving the needs of Americans who are working to create a better future for themselves. Our mission is to enable members to change their lives by creating better financial outcomes. Leveraging the best technology, we deliver inspirational and motivational products as we all move forward in a world of increasing digitization and complexity. This post contains sponsored advertising content. This content is for informational purposes only and not intended to be investing advice. Contact Details Erin Bruehl media@current.com Company Website https://current.com

February 16, 2023 09:15 AM Eastern Standard Time

Article thumbnail News Release

AdalFi lands $7.5m funding round as it helps banks to ramp consumer and business loans across Pakistan

AdalFi

Less than 4% of Pakistani consumers and businesses take bank loans. Helping banks offer their customers real-time loan products, Pakistan’s first end-to-end digital lending infrastructure provider AdalFi is today announcing a $7.5 million funding round. The funding round was led by COTU Ventures, Chimera Ventures, Fatima Gobi Ventures and Zayn Capital alongside angel investors including execs from Plaid. With AI-powered credit scoring and underwriting models, AdalFi has built the critical infrastructure to power smart, instant loans for consumers and SMEs in Pakistan. These include unsecured loan products such as term loans, credit cards and revolving finance facilities for consumers and SMEs respectively. The AdalFi tech stack also includes pre-built, bespoke customer journeys and integrations with major banking platforms. AdalFi has quickly signed up 14 banks (including 7 out of the top 10), on its mission to promote financial inclusion as it unlocks access to credit to millions of people and small businesses. AdalFi’s proprietary technology scores the financial transactional data already possessed by banks, enables personalized digital marketing to qualified prospects and, finally, provides the customer journeys which are embedded within the bank’s digital presence to enable real-time disbursement of loans. AdalFi operates on an asset-light, revenue sharing model with banks which captures any downside risk exposure to banks such that any loan losses are accounted for, pro-rata, in fees due to AdalFi. These deep partnerships ensure banks and AdalFi are completely aligned in that AdalFi only makes money from loans that are actually paid back. Salman Akhtar, CEO and co-Founder of AdalFi commented: “Pakistan has 50 million bank accounts yet only 2 million of these individuals and businesses have any credit relationship with their bank. The high cost of loan origination driven by physical verification of identity, assets and financial health (in the absence of credit scoring) has restricted credit access to a thin, top tier of customers. AdalFi’s digital lending platform allows partner banks to instantly credit score the other 95% of their existing customers who have never been lent to and cross-sell loans to them.” Salman Akhtar added: “In essence, we have built better underwriting models for banks. Not only have we lowered the cost of credit scoring and underwriting and therefore the cost of credit but we changed their outlook and got them to change their approach. Banks have been drawn to AdalFi because we offer rigorous credit scoring to ensure portfolio quality with zero cost customer conversion (from depositors to borrowers). Moreover, we enable a breakthrough in customer experience with instant, smart loans which completely transform customer value delivery.” “AdalFi is riding a double wave of digitisation. Firstly, a behavior change is underway as customers go digital, banking app transaction volumes in Pakistan already exceed in-branch numbers. Secondly, the technology shift, pioneered by us, with credit scoring and digital journeys enabling instant loans. The AdalFi tech stack enables frictionless loans for qualified customers who are already living in a digital, mobile first world.” Since its launch in July 2021, AdalFi has grown the Gross Loan Volume (GLV) enabled by its Digital Lending Platform at 30% month on month for the last 19 months. Over 70,000 loans have disbursed to date with a default rate well under 0.1%. Through December 2022, AdalFi enabled a cumulative Rs. 1 Billion in GLV. In January 2023 alone AdalFi generated Rs. 390 Million in lending and is on track to exceed Rs. 1 Billion within Q1 2023. “​​Salman excited us from our first interaction. Him and his team’s level of experience and track record building software for financial institutions is a rarity in this space. When you combine that with the innovative solution that AdalFi offers, specifically with its AI-powered scoring model that is scalable and frictionless, you have all the ingredients to massively transform the credit industry. The fact that they have already secured partnerships with the leading banks in the country, and have already facilitated new unsecured lending channels for their clients in such a short space of time, gives us confidence that they have an incredibly exciting future ahead of them.” said Amir Farha, Managing Partner at COTU Ventures. AdalFi's vision for the future is to continue to drive innovation in the lending space, providing consumers and SMEs with the best possible experience by powering the lending infrastructure across a wide range of products and channels. The company aims to be the premier digital lending solutions provider in the APAC region and beyond. Salman Akhtar concluded: "Our rapid growth is a testament to the need for such solutions in the lending space, and we look forward to continuing to drive positive change in the industry." About AdalFi AdalFi is a venture-backed fintech startup and Pakistan’s first digital lending infrastructure provider. For more information please visithttps://adalfi.com/ or follow on social media via LinkedIn. About COTU Ventures COTU stands for Champions Of The Underdog. We are on a mission to change the culture of venture investing in the Middle East by investing early (with the first check) and with conviction (in people), while bringing diversity, speed and founder empowerment into the investment process. We partner with founders and show them how to believe in themselves when they are at the loneliest, earliest, and most challenging parts of their journeys. About Fatima Gobi Ventures By bringing together one of the largest conglomerates in Pakistan, Fatima Group and one of the most active multi-national venture capital firms in Asia, Gobi Partners, Fatima Gobi Ventures is fusing local expertise with regional VC know-how. We invest intelligently, using data collated from the flourishing entrepreneurial ecosystems of Northeast and Southeast Asia to identify companies locally that have the edge and drive to go beyond Pakistan’s borders. Simultaneously, we accelerate the growth of founders by benchmarking their businesses and linking them to the developed markets in Asia. For more information, please visit https://fatimagobi.vc/ About Zayn Capital Zayn Capital is a leading venture capital firm providing capital to start-ups in Pakistan. It is founded by seasoned Venture Capitalist Faisal Aftab. Zayn Capital has made 20 investments in leading companies such as Nayapay, PostEx, Abhi, Savyour, SnappRetail, Zaraye, Laam, Bagallery, Krave Mart and Bookme.pk among others. Their team is made up of seasoned executives, investors, founders, and operators who partner and support startups in Pakistan. For more information, please visit https://www.zayn.capital/ Contact Details AdalFi Bilal Mahmood +44 7714 007257 b.mahmood@stockwoodstrategy.com Company Website https://adalfi.com/

February 16, 2023 09:00 AM Eastern Standard Time

Image
Article thumbnail News Release

The Rapidly Expanding World Of Biometrics May Hold Promise In Securing The Future Of Financial Cybersecurity

BIO-key International, Inc.

By Gita Karunakaran, Benzinga Biometric systems are gaining immense popularity around the globe. They are easy to use and implement and provide a cost-effective solution for ensuring high-end cybersecurity. Biometrics are unique physical characteristics, such as fingerprints or facial scans, that can be used for automated recognition. They’re popular for being a reliable, secure, and practical means of identifying and authenticating individuals through their unique biological characteristics. Over the years, biometrics has found widespread use in a variety of applications, including cybersecurity. Companies like BIO-key International Inc. (NASDAQ: BKYI), for example, use biometrics in their Identity and Access Management (IAM) solutions as an optional added layer of security for enterprises. Viable Financial Cybersecurity May Need More Than Traditional Biometrics In The Future In most cybercrime cases, fraudulent activity is reportedly detected only after someone has already lost money or data to hackers. As such, any analysis commences only after the fact. With cybercrime on the rise and financial losses from cybercrime projected to cost over $10.5 trillion annually by 2025, organizations are constantly on the lookout for fail-safe solutions to protect their brand and reputation from damaging breaches, proactively. A branch of biometrics – known as behavioral biometrics – that has emerged from observing human behavioral patterns seems to hold promise in possibly pre-empting potential cybercrimes. Behavioral biometrics track an individual’s behavior patterns and the manner in which he or she interacts with the device itself, such as the way a screen is held, the manner of typing, and the speed at which the mouse is moved. Biometric behavioral inputs, when collected and analyzed, can enable banks and financial services providers to flag potential fraud even before a transaction goes through. This enables them to take action to prevent it – either by halting the transaction or requiring additional authentication factors from the customer, before proceeding. An additional benefit of behavioral biometrics is that the analysis can happen without extracting and storing data from the customer’s phone or device, minimizing the chances of customer data being stolen or misused. When It Comes To Reducing Fraud, Biometric Authentication Can Help Merchants As fraud continues to rise and with eCommerce remaining a highly targeted sector for fraud, traditional authentication such as passwords and pins alone may not be sufficient for merchants to successfully combat scams and hacks. Equally, consumers are becoming more aware of cybersecurity risks and frauds, and have mounting concerns about safeguarding their payment information and other sensitive details while transacting online or even in person. As a result, customers are reportedly willing to take extra steps – including facial recognition – in authenticating their banking as well as non-bank accounts if it means a more secure experience. However, there have also been concerns about the ability of facial recognition to prevent fraud when they are relied upon as the sole criteria to transact, especially if the face scan matches aren’t verified through additional alternative means. One of the solutions to this issue has been to adopt a hybrid fraud prevention tactic, which combines biometrics such as fingerprint identification or voice recognition with other identity authentication technologies. At the same time, privacy regulations continue to grow, putting pressure on organizations to adhere to multiple norms and regulations on the storage of biometrics. All of this highlights the need to arrive at the right fraud-fighting tools to prevent revenue loss, customer asset loss, and brand reputation damage for organizations and merchants – to strike the perfect balance of data privacy and security. The increased awareness of cybersecurity risks and a rise in the adoption of biometrics has also given rise to the growth of multi-factor authentication (MFA) – sometimes with more than one biometric method or multimodal biometrics as a preferred option for maximum protection against cybercrime, hacking, and fraud. And increasingly, biometrics is seen as possibly the only security that can help banks, retailers and other organizations combat sophisticated fraud attacks, as fraudsters continue to use various tactics, including SIM swaps and porting scams, to redirect OTPs (one-time passwords) to a device they control or convince their victims to hand them over through deception or brute force attacks. BIO-key seems headed in the right direction with its IAM solutions powered by Identity-Bound Biometrics (IBB) combined with traditional authentication and multi-factor options. The company believes that IBB is a way to establish trust and accountability. IBB enables organizations to confirm an individual’s genuine presence when accessing systems and provides them with the ability to audit with full transparency. BIO-key’s single, unified IAM platform, PortalGuard, offers solutions for a range of use cases and business initiatives, such as MFA, Single Sign-on, and Self-service Password Reset. PortalGuard requires only a one-time enrollment and can be quickly set up for access across multiple devices and locations according to BIO-key. This could offer greater deployment versatility and scalability and enable enterprises to provide a consistent and seamless user experience. To learn more about BIO-key’s identity-bound biometric solutions visit the company webpage here. This article was originally published on Benzinga here. BIO-key is revolutionizing authentication and cybersecurity with biometric-centric, multi-factor identity and access management (IAM) software managing millions of users. Its cloud-based PortalGuard IAM solution provides cost-effective, easy to deploy, convenient and secure access to devices, information, applications, and high-value transactions. BIO-key's patented software and hardware solutions, with industry-leading Identity-Bound Biometric (IBB) capabilities, enable large-scale Identity-as-a-Service (IDaaS) solutions, as well as customized on premises solutions. This post contains sponsored advertising content. This content is for informational purposes only and is not intended to be investing advice. Contact Details Catalyst IR- William Jones, David Collins +1 212-924-9800 BKYI@catalyst-ir.com Company Website https://www.bio-key.com/

February 16, 2023 09:00 AM Eastern Standard Time

Article thumbnail News Release

XCPCNL Business Services Announces the Issuance of Share Dividend

XCPCNL Business Services Corporation

McapMediaWire -- XCPCNL Business Services Corporation (OTC: XCPL ), a venture development business that leverages knowledge, skill, and experience in the consumer products industry today announces that the company has issued a share dividend. On February 15 th, 2023 a 20% Stock Dividend was issued to shareholders on record as of January 23 rd, 2023. The total Stock Dividend Shares to issue equal 175,373,316. The total Outstanding Post Split equals 1,052,215,982. This is subject to change once DTC sends in their rounding letter on or after February 23 rd, 2023. The Transfer agent has recorded shares and issued to Shareholder Broker/Dealers. Shareholders should receive them in the next 24-48 hours. If not, please contact your Broker/Dealer. XCPCNL Business Services Corporation (OTC Pink: XCPL) encourages shareholders to visit their corporate Twitter account at https://twitter.com/RealXCPCNL Forward-Looking Statements Disclaimer: This press release may include, and oral statements made from time to time by representatives of the Company may have, "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Statements regarding possible business combinations and the financing thereof and related matters, as well as all other statements other than statements of historical fact included in this press release, are forward-looking statements. When used in this press release, words such as "anticipate," "believe," "continue," "could," "estimate," "expect," "intend," "may," "might," "plan," "possible," "potential," "predict," "project," "should," "would" and similar expressions, as they relate to our management team or us, identify forward-looking statements. Such forward-looking statements are based on management's beliefs, as well as assumptions made by, and information currently available to, the Company's management. Actual results could differ materially from those contemplated by the forward-looking statements as a result of certain factors detailed in the Company's filing with the Over-the-Counter Market ("OTC"). All subsequent written or forward-looking oral statements attributable to persons or us acting on our behalf are qualified in their entirety by this paragraph. Forward-looking statements are subject to numerous conditions, many of which are beyond the control of the Company. The Company undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law. About XCPCNL Charlotte, NC-based XCPCNL Business Services is a venture development business that leverages its knowledge, skills, and experience in the consumer products industry. Our primary mission is to provide marketing, technology, and other business services to fast-growing consumer product companies and big-box retailers. XCPCNL is a minority-owned and controlled firm. To learn more about our businesses, services, and opportunities, please contact info@xcpcnl.com To learn more about XPCNL, visit www.xcpcnl.com. For Inquiries: Email: ir@xcpcnl.com Contact Details Tim Matthews ir@xcpcnl.com Company Website http://www.xcpcnl.com/

February 16, 2023 08:30 AM Eastern Standard Time

Article thumbnail News Release

FRONTERA GROUP ACQUISITION TARGET TEXAS MONEY EXCHANGE ENGAGES FORMER TEXAS LAND COMMISSIONER GEORGE P. BUSH AND MICHAEL BEST STRATEGIES, LLC. AS GOVERNMENT RELATIONS AND PUBLIC AFFAIRS ADVISORS

Frontera Group Inc.

McapMediaWire -- Frontera Group, Inc. (OTC: FRTG ) (“Frontera,” “Frontera Group” or “the Company”), a technology-focused strategic acquirer of revenue-generating companies and intellectual property (IP), today announced that in connection with its term sheet to ultimately acquire 100% of the total issued and outstanding shares of common stock of McAllen, Texas-based Texas G & S Investments, Inc. d/b/a Texas Money Exchange (TME) from a joint venture controlled by members of the Solis family, TME has engaged former Texas Land Commissioner George P. Bush and Michael Best Strategies, LLC. as government relations and public affairs advisors. A spokesman for TME stated: “Our collaboration with Commissioner Bush and Michael Best Strategies is something we are looking forward to. Our company operates in the highly regulated financial services sector. We are confident that Commissioner Bush and the Michael Best Strategies team will help us better understand the regulatory and policy environment and the key players, as well as help us communicate the facts to the appropriate parties at the appropriate times in order to produce positive outcomes for our company, our customers, the Great State of Texas, and the United States.” About George P. Bush Bush is a native-born Texan, a graduate of Rice University and the University of Texas Law School. A military veteran, he served in the U.S. Naval Reserve for 10 years and completed an 8-month tour in Afghanistan. A former businessman, Bush cut his professional teeth in the oil and gas and real estate industries. In 2014, Bush was elected as the 28th Texas Land Commissioner and overwhelmingly re-elected in 2018. During his two terms in office, he built a track record of success collaborating with local, state, and federal officials to make government work better for the citizens of Texas. Through his leadership of the Texas General Land Office, Bush helped thousands of Texans recover from natural disasters, funded Texas public education through the Permanent School Fund, provided benefits to Texas veterans, and preserved the Alamo, vast Texas coastline, and other state-owned lands for future generations of Texans. He also fought to protect the oil and gas industry from federal overreach and bureaucratic rulemaking – and won. Bush is the grandson of President George H.W. Bush, the son of former Florida Governor Jeb Bush and the nephew of President George W. Bush. He lives in Austin with his wife, Amanda, and their two sons. Upon joining Michael Best Strategies, LLC. in January of this year as a principal Bush stated: "I'm thrilled to continue my work in service to fast-growing and dynamic clients in Texas and the rest of the nation as part of Michael Best's team." "Michael Best's focus on the critical issues facing Texas and the nation at large combined with their exceptional team of talented lawyers and advisory experts make for the perfect platform to continue serving the American people." About Michael Best: Michael Best is a full-service firm helping clients navigate the intersection of business and government by providing a full range of services across four primary areas: Governmental Affairs, Public Affairs and Communications, Business and Community Solutions, and cultivation of Strategic Political Relationships. Michael Best also features an affiliate law firm with more than 350 lawyers and technical professionals who work in collaborative, interdisciplinary practices to serve clients around the world. ( www.michaelbeststrategies.com ) About TME TME is a Texas Department of Banking licensed and bonded non-depository financial institution engaged in the money services business (MSB). TME is believed to be the largest foreign exchange and international payment specialist in the Texas Rio Grande Valley (RGV). In business over 27 years, TME is an emerging Fintech and critical cog in the supply chain between the United States and Mexico. On behalf of its customers TME conducts business foreign exchange USD-MXN (Dollars/Pesos), business payments USD-MXN, payment of vendors in Mexico, receiver of payments from Mexico and makes authorized freight voucher payments. TME customers include importers and exporters of a wide range of products such as machinery, equipment, Tupperware, pickles, avocados, watermelon, lemons, limes, mango and many other products Americans use and consume on a daily basis. ( www.texasmoney.com ). About Frontera Frontera Group is a strategic acquirer of intellectual property and revenue-generating companies in the technology and human capital markets. It is developing and executing an aggressive, four-tier acquisition and implementation strategy intended to provide substantial increases in profitability to its acquisitions in industries with traditionally low and stagnant EBITDA multiples. The Company has identified and is currently pursuing several revenue-generating acquisition targets. For further information, please visit Frontera’s website at www.frtgtech.com. Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995 The statements contained in this news release which are not historical facts may be “forward-looking statements” that involve risks and uncertainties which could cause actual results to differ materially from those currently anticipated. For example, statements that describe FRTG’s hopes, plans, objectives, goals, intentions, or expectations are forward-looking statements. The forward-looking statements made herein are only made as of the date of this news release. Numerous factors, many of which are beyond FRTG’s control, will affect actual results. FRTG undertakes no obligation to publicly update such forward-looking statements to reflect subsequent events or circumstances. This news release should be read in conjunction with FRTG’s most recent financial reports and other filings posted with the OTC Markets and/or the U. S. Securities and Exchange Commission by FRTG. Frontera Group Contact K. Bryce Toussaint, Board Director invest@frtgtech.com Investor Relations Contact Lindsey Harasta lindsey@frtgtech.com Contact Details Investor Relations Contact lindsey@frtgtech.com

February 16, 2023 08:00 AM Eastern Standard Time

Article thumbnail News Release

SoftBank Corp. Participates in Blockchain Project Oasys for Social Implementation of Web3

Oasys

SINGAPORE / TOKYO, JAPAN - Media OutReach - 16 February 2023 - Oasys Pte. Ltd. ("Oasys") today announced that SoftBank Corp. ("SoftBank"), a Japan-based telecommunications operator, has joined as an official validator of Oasys, a gaming-optimised blockchain designed for gamers and developers alike, with a focus on the future of blockchain gaming. SoftBank's recognition of Oasys' superior mechanism that serves both users and IP (intellectual property) holders, along with its advanced technological capabilities, has led to their decision to participate in the Oasys blockchain. This partnership extends beyond Softbank's role as validators, as the two companies explore potential collaboration, including the development of blockchain-based services, in the future. Bandai Namco Research, SEGA, Square Enix, Netmarble, and 17 other companies are among the 21 initial validators for Oasys. Starting with SoftBank, Oasys will invite other companies with a high level of trust and performance on a global scale to participate as validators, further stabilising and strengthening the Oasys network. In the next batch of validators, four more companies will be joining the network, bringing the total to 25. In the medium-term, Oasys plans to further decentralise the network by enabling public participation through a council and removing the limit on the number of validator slots as long as the necessary requirements are being met. Keiichi Makizono, Senior Vice President & CIO of SoftBank, said "We are very excited about the Oasys blockchain's flexible, user-centric architecture, which meets the needs of both users and IP content owners, and look forward to working with Oasys to promote Web3's social implementation and resolve social issues." Daiki Moriyama, Director of Oasys, said "We are honoured that SoftBank shares our vision for Oasys and has chosen us as a business partner for Web3. With SoftBank coming onboard as a validator, Oasys will not only expand the stability and ecosystem of the Oasys chain, but also aim to strengthen business collaboration with Oasys. We look forward to working with SoftBank to develop the blockchain gaming industry by fostering relationships and synergies with its group companies and partners." In just over a year since its formation, Oasys has fully launched its mainnet blockchain protocol, with over a dozen playable games available on its blockchain. On 31 January 2023, the company announced plans to list on the leading Japanese crypto exchange, bitbank. About Oasys Oasys was established in February 2022 to increase mainstream play-and-earn adoption, and at launch, committed to partnering with 21 gaming and Web3 tech companies to act as validators, such as Bandai Namco, SEGA, Ubisoft and Yield Guild Games. Led by a team of blockchain experts and joining forces with the biggest gaming company names to serve as the initial validators, Oasys is revolutionising the gaming industry with its Proof-of-Stake (PoS) based eco-friendly blockchain.With a focus on creating an ecosystem for gamers and developers to distribute and develop blockchain-based games, Oasys solves the problems game developers face when building games on the blockchain. The trifecta approach of the fastest network powered by the gaming community, a scalable network powered by AAA game developers and the blockchain offering the best user experience with fast transactions and zero gas fees for users, readies participants to enter the Oasys and play. More information on Oasys is available at: Website: https://www.oasys.games/ Twitter: https://twitter.com/oasys_games Discord: http://discord.gg/oasysgames About SoftBank Guided by the SoftBank Group's corporate philosophy, "Information Revolution – Happiness for everyone," SoftBank Corp. (TOKYO: 9434) provides telecommunications services and combines them with advanced technologies to develop and operate new businesses in Japan and globally. In the fiscal year ended March 2022, SoftBank Corp. registered 5.7 trillion yen of revenue, 985.7 billion yen of operating income, and, at the end of December 2022, had 319 group companies (245 subsidiaries and 74 affiliates), both in Japan and abroad. SoftBank Corp. has 39 million mobile subscribers and 8 million broadband subscribers in Japan, and through its group companies Yahoo Japan Corporation, PayPay Corporation and LINE Corporation, 86 million online media users, 54 million smartphone payment users and 92 million communication app users, respectively (as of February 3, 2023). With this strong business foundation and compelling number of customer touchpoints, SoftBank Corp. is expanding into non-telecom fields in line with its "Beyond Carrier" growth strategy while further growing its telecom business. Also, by fully harnessing the power of 5G, AI, IoT, Digital Twin, Non-Terrestrial Network (NTN) solutions, including High Altitude Platform Station (HAPS)-based stratospheric telecommunications, and other key technologies, SoftBank Corp. aims to realize the "Implementation of Digitalization into Society." In recognition of its ESG initiatives, SoftBank Corp. was selected for inclusion in the Dow Jones Sustainability Indices, FTSE4Good, 2022 Constituent MSCI Japan ESG Select Leaders Index and other leading global ESG investments indices. To learn more, please visit https://www.softbank.jp/en/ Contact Details Oasys oasys@wachsman.com Company Website https://www.oasys.games/

February 16, 2023 12:00 AM Eastern Standard Time

Image
Article thumbnail News Release

Bidstack expanding in-game advertising strategy into North American market

Bidstack Group PLC

Bidstack CEO James Draper and chief revenue officer Jude O'Connor joined Proactive's Natalie Stoberman to discuss the company's latest expansion in North America. Draper said the expansion is led by O'Connor, who will be leading teams across sales, publishing, marketing, and strategy while scaling the company’s local teams and steering a go-to-market strategy centered on educating the US market on Bidstack’s in-game technology. Bidstack is the leading in-game advertising and video game monetisation platform that bridges the gap between the interactive entertainment industries and advertisers by enhancing the gaming experience with immersive advertising. Contact Details Proactive Investors US +1 347-449-0879 na-editorial@proactiveinvestors.com

February 15, 2023 01:57 PM Eastern Standard Time

Video
1 ... 323324325326327 ... 639