Tech Stock News Bite - Trump Media & Technology Group Corp. (NASDAQ: DJT) Makes Investors Great Again

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Tech Stock News Bite - Reddit, Inc. (NYSE: RDDT) Rally Rolls on

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Tech Stock News Bite - Reddit, Inc. (NYSE: RDDT) Buzz Simmers after IPO

Tech Stock News Bite - Reddit, Inc. (NYSE: RDDT) Buzz Simmers after IPO: Tech Stock News Bite - Reddit, Inc. (NYSE: RDDT) Buzz Simmers after IPO

AI Stock News Bite - Micron Technology, Inc. (Nasdaq: MU) Gains on Results of Second Quarter - AI plays key role

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Innovation in Fintech Stocks (NASDAQ: $APCX) (NASDAQ: $JKHY) (NASDAQ: $FUTU) (NASDAQ: $PYPL) - “an unparalleled growth trajectory” @AppTechCorp @JH_Fintech @PayPal

Innovation in Fintech Stocks (NASDAQ: $APCX) (NASDAQ: $JKHY) (NASDAQ: $FUTU) (NASDAQ: $PYPL) - “an unparalleled growth trajectory” @AppTechCorp @JH_Fintech @PayPal

 

March 21, 2024 - Investorideas.com, a leading investor news resource covering Fintech stocks releases a special news report on Fintech leaders and innovation recognized by the industry, featuring AppTech Payments Corp. (NASDAQ:APCX), a pioneering Fintech company powering frictionless commerce.

 

Read this article, featuring APCX in full at https://www.investorideas.com/news/2024/technology/03211Innovation-in-Fintech.asp

 

Report Ocean says, ”The global Fintech market is on an unparalleled growth trajectory, projected to soar at an impressive CAGR of 25.0% from 2022 to 2028. Fueled by the surging popularity of digital payments, widespread adoption of IoT-connected devices, substantial investments in technology-driven solutions, and supportive government regulations, the Fintech sector is reshaping the financial services landscape.”

 

“Escalating investments in technology-driven solutions, including Artificial Intelligence (AI), Machine Learning (ML), cloud computing, and blockchain, are propelling the Fintech sector forward.”

 

With strong growth on the horizon for Fintech stocks, the Industry is recognizing excellence and innovation in payments and financial technology to showcase the leaders.   .

 

AppTech Payments Corp. (NASDAQ:APCX), a company that has been building its patent portfolio in the sector for years recently announced it signed an agreement to provide its FinZeo™ platform services to a credit union network with over 2,000 locations. Platform integration is expected to begin in March with completion anticipated in Q2 2024.

 

From the News: Following its launch, the FinZeo credit union offering is expected to be available to credit unions nationwide, positioning it as the Fintech platform of the future for credit unions and legacy banks. In 2022, there were over 4,700 credit unions in the US with total assets reaching as much as $2.17 trillion.

 

The FinZeo platform offers custom eco-solutions to enable immersive, high conversion, seamless user experiences for customers with minimal effort.

 

Continued: As Fintech continues to drive innovation in banking, legacy banks are challenged to keep up with and effectively compete against newer and larger financial services providers. FinZeo offers a turnkey competitive boost to legacy banks, powering them with technology services to offer better experiences to their members for a broad range of functions from mobile payments to ACH, and credit card processing.

 

“The roll-out of our FinZeo platform for the credit union ecosystem, which continues to grow in assets, presents significant opportunity to provide a fast, cost-efficient transition from legacy systems to tomorrow’s best-of-breed Fintech platforms. FinZeo is a great solution for credit unions and we expect to get solid traction in the space upon this rollout,” stated Luke D’Angelo, AppTech’s Chairman & CEO.

 

Named as an Iconic CEO to Follow in 2024, CIO Views says, “Luke D’Angelo CEO of AppTech Payments Corp. stands out for his innovative leadership and unmatched vision in the Fintech industry.AppTech Payments Corp. isn’t just a Specialty Payments company; it’s a driving force for seamless commerce experiences. FinZeo™, their differentiated digital platform removes the complexity of payment transactions for businesses of all sizes.”

 

Continued: As its CEO says, “We are the Leader in Specialty Payments focusing on building custom eco-solutions using our patented technologies.” This devotion to innovation translates to empowered clients, delivering high conversion and seamless user journeys with minimal effort.

 

Continued: But AppTech doesn’t stop there. Their unified Commerse™ Portal is a game-changer, as it revolutionizes how ISO/ISVs manage payments and banking.. This portal drives operational efficiencies and growth, meeting the economic demands of merchants. Within FinZeo, ISO/ISVs can access a comprehensive suite of solutions, tailoring white-labeled portals to their preferences and requirements.

 

Recently recognized for its excellence in Fintech, Jack Henry (Nasdaq: JKHY)  announced  earlier this month that its Financial Crimes Defender has been selected as winner of the Best Fraud Prevention Platform award in the eighth annual FinTech Breakthrough Awards program conducted by FinTech Breakthrough, an independent market intelligence organization that recognizes the top companies, technologies, and products in the global Fintech market today.

 

From the news: Jack Henry Financial Crimes Defender uses advanced Artificial Intelligence (AI) and behavioral analytics to proactively identify new fraud and bank secretary act (BSA) trends in real-time including those involving checks, deposits, transfers, ACH transactions, and instant payments. It is built on a scalable cloud architecture with an intuitive user interface and analytics to reduce false positives. By automating repetitive tasks, Financial Crimes Defender reduces manual work in investigations.

 

Continued: "Financial Crimes Defender solves the fundamental problem for banks and credit unions – management of financial crime risk through proactive and automated detection," said Steve Johansson, Managing Director, FinTech Breakthrough. "We're thrilled to recognize Financial Crimes Defender as 2024's Best Fraud Prevention Platform. By bundling fraud and AML solutions, financial institutions of all sizes can make faster, more informed decisions, minimize false positives and wasted resources, and improve operational efficiency."

 

Futu, a leading Fintech company specializing in securities trading and wealth management (Nasdaq: FUTU) announced earlier this year that its subsidiary, Futu Securities International, has received several prestigious investment awards from the Chicago Mercantile Exchange (CME). This recognition validates its influence and industry positioning, particularly in the field of futures and options investments.

 

Subsidiary of Futu Holdings Limited, Moomoo Technologies Inc. announced on Monday that FinTech Breakthrough recognized the company with its 2024 annual award of "Best Stock Trading App."  Founded in 2018, moomoo is an investment and trading platform that empowers global investors with pro-grade, easy-to-use tools, data, and insights.

 

CNBC and independent research firm Statista announced they are working together for a second year to identify the world’s top Fintech companies, to be named in a published CNBC report this July.

 

Last year’s list of the top 200 Fintech companies included Chinese tech giants Ant Group and Tencent, US Fintech firms PayPal (NASDAQ: PYPL) and Stripe, and European companies like Klarna and Revolut.

 

PayPal Holdings, Inc. recently announced that Tap to Pay on iPhone is now available for all Venmo business profile and PayPal Zettle users in the US, enabling them to accept contactless card and digital wallet payments directly on their iPhones with no additional cost or hardware. This is the latest development in PayPal's ongoing efforts to help small businesses sell more, grow their business, and manage their finances more efficiently.

 

From the news: Consumers are increasingly going cashless. More than 40 percent of Americans surveyed say that none of their purchases are made with cash in a typical week, and that trend is expected to continue. As a result, accepting card and digital wallet payments in person is increasingly table stakes for small businesses, but until recently, businesses have had to purchase and manage card readers to do so. With Tap to Pay on iPhone, PayPal is helping millions of small businesses adapt to this shift in consumer behavior in a fast, easy, and more affordable way.

 

For investors, industry recognition is another tool for due diligence, but using the company’s technology is the best first hand test for defining the winners of the future. 

 

About Investorideas.com - Big Investing Ideas

Investorideas.com is the go-to platform for big investing ideas. From breaking stock news to top-rated investing podcasts, we cover it all. Our original branded content includes podcasts such as Exploring Mining, Cleantech, Crypto Corner, Cannabis News, and the AI Eye. We also create free investor stock directories for sectors including mining, crypto, renewable energy, gaming, biotech, tech, sports and more. Public companies within the sectors we cover can use our news publishing and content creation services to help tell their story to interested investors. Paid content is always disclosed.

 

Disclaimer/Disclosure: Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles.. Our site does not make recommendations for purchases or sale of stocks, services or products.  This is not investment opinion: Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investing involves risk and possible losses. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. Contact management and IR of each company directly regarding specific questions. Disclosure: this news article featuring APCX is a paid for news release on Investorideas.com - More disclaimer info: https://www.investorideas.com/About/Disclaimer.asp Learn more about publishing your news release and our other news services on the Investorideas.com newswire https://www.investorideas.com/News-Upload/ Global investors must adhere to regulations of each country. Please read Investorideas.com privacy policy: https://www.investorideas.com/About/Private_Policy.asp

 

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NVIDIA Blackwell AI chips ignite enthusiastic responses from industry influencers

NVIDIA Blackwell AI chips ignite enthusiastic responses from industry influencers: NVIDIA Blackwell AI chips ignite enthusiastic responses from industry influencers

AI Stock News Bite - XTL Biopharmaceuticals (NASDAQ: XTLB) Rises on News of Entering AI Space with SOCIAL PROXY

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AI Stock News Bite - Sarcos Technology and Robotics (NASDAQ: STRC) Gains on changing game and name to Palladyne AI

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The Hunt for the Best in Fintech – (NASDAQ: $APCX) (NASDAQ: $JKHY) (NASDAQ: $FUTU) (NASDAQ: $PYPL) @AppTechCorp @JH_Fintech @PayPal

The Hunt for the Best in Fintech – (NASDAQ: $APCX) (NASDAQ: $JKHY) (NASDAQ: $FUTU) (NASDAQ: $PYPL) @AppTechCorp @JH_Fintech @PayPal

 

Leadership, Innovation, AI Technology Shaping Future Growth

 

 

March 20, 2024 - Investorideas.com, a leading investor news resource covering Fintech stocks releases a special news report on Fintech leaders and innovation recognized by the industry, featuring AppTech Payments Corp. (NASDAQ:APCX), a pioneering Fintech company powering frictionless commerce.

 

Read this article, featuring APCX in full at https://www.investorideas.com/news/2024/technology/03201Fintech-Stocks.asp

 

Report Ocean says, ”The global Fintech market is on an unparalleled growth trajectory, projected to soar at an impressive CAGR of 25.0% from 2022 to 2028. Fueled by the surging popularity of digital payments, widespread adoption of IoT-connected devices, substantial investments in technology-driven solutions, and supportive government regulations, the Fintech sector is reshaping the financial services landscape.”

 

“Escalating investments in technology-driven solutions, including Artificial Intelligence (AI), Machine Learning (ML), cloud computing, and blockchain, are propelling the Fintech sector forward.”

 

With strong growth on the horizon for Fintech stocks, the Industry is recognizing excellence and innovation in payments and financial technology to showcase the leaders.   .

 

AppTech Payments Corp. (NASDAQ:APCX), a company that has been building its patent portfolio in the sector for years recently announced it signed an agreement to provide its FinZeo™ platform services to a credit union network with over 2,000 locations. Platform integration is expected to begin in March with completion anticipated in Q2 2024.

 

From the News: Following its launch, the FinZeo credit union offering is expected to be available to credit unions nationwide, positioning it as the Fintech platform of the future for credit unions and legacy banks. In 2022, there were over 4,700 credit unions in the US with total assets reaching as much as $2.17 trillion.

 

The FinZeo platform offers custom eco-solutions to enable immersive, high conversion, seamless user experiences for customers with minimal effort.

 

Continued: As Fintech continues to drive innovation in banking, legacy banks are challenged to keep up with and effectively compete against newer and larger financial services providers. FinZeo offers a turnkey competitive boost to legacy banks, powering them with technology services to offer better experiences to their members for a broad range of functions from mobile payments to ACH, and credit card processing.

 

“The roll-out of our FinZeo platform for the credit union ecosystem, which continues to grow in assets, presents significant opportunity to provide a fast, cost-efficient transition from legacy systems to tomorrow’s best-of-breed Fintech platforms. FinZeo is a great solution for credit unions and we expect to get solid traction in the space upon this rollout,” stated Luke D’Angelo, AppTech’s Chairman & CEO.

 

Named as an Iconic CEO to Follow in 2024, CIO Views says, “Luke D’Angelo CEO of AppTech Payments Corp. stands out for his innovative leadership and unmatched vision in the Fintech industry.AppTech Payments Corp. isn’t just a Specialty Payments company; it’s a driving force for seamless commerce experiences. FinZeo™, their differentiated digital platform removes the complexity of payment transactions for businesses of all sizes.”

 

Continued: As its CEO says, “We are the Leader in Specialty Payments focusing on building custom eco-solutions using our patented technologies.” This devotion to innovation translates to empowered clients, delivering high conversion and seamless user journeys with minimal effort.

 

Continued: But AppTech doesn’t stop there. Their unified Commerse™ Portal is a game-changer, as it revolutionizes how ISO/ISVs manage payments and banking.. This portal drives operational efficiencies and growth, meeting the economic demands of merchants. Within FinZeo, ISO/ISVs can access a comprehensive suite of solutions, tailoring white-labeled portals to their preferences and requirements.

 

Recently recognized for its excellence in Fintech, Jack Henry (Nasdaq: JKHY)  announced  earlier this month that its Financial Crimes Defender has been selected as winner of the Best Fraud Prevention Platform award in the eighth annual FinTech Breakthrough Awards program conducted by FinTech Breakthrough, an independent market intelligence organization that recognizes the top companies, technologies, and products in the global Fintech market today.

 

From the news: Jack Henry Financial Crimes Defender uses advanced Artificial Intelligence (AI) and behavioral analytics to proactively identify new fraud and bank secretary act (BSA) trends in real-time including those involving checks, deposits, transfers, ACH transactions, and instant payments. It is built on a scalable cloud architecture with an intuitive user interface and analytics to reduce false positives. By automating repetitive tasks, Financial Crimes Defender reduces manual work in investigations.

 

Continued: "Financial Crimes Defender solves the fundamental problem for banks and credit unions – management of financial crime risk through proactive and automated detection," said Steve Johansson, Managing Director, FinTech Breakthrough. "We're thrilled to recognize Financial Crimes Defender as 2024's Best Fraud Prevention Platform. By bundling fraud and AML solutions, financial institutions of all sizes can make faster, more informed decisions, minimize false positives and wasted resources, and improve operational efficiency."

 

Futu, a leading Fintech company specializing in securities trading and wealth management (Nasdaq: FUTU) announced earlier this year that its subsidiary, Futu Securities International, has received several prestigious investment awards from the Chicago Mercantile Exchange (CME). This recognition validates its influence and industry positioning, particularly in the field of futures and options investments.

 

Subsidiary of Futu Holdings Limited, Moomoo Technologies Inc. announced on Monday that FinTech Breakthrough recognized the company with its 2024 annual award of "Best Stock Trading App."  Founded in 2018, moomoo is an investment and trading platform that empowers global investors with pro-grade, easy-to-use tools, data, and insights.

 

CNBC and independent research firm Statista announced they are working together for a second year to identify the world’s top Fintech companies, to be named in a published CNBC report this July.

 

Last year’s list of the top 200 Fintech companies included Chinese tech giants Ant Group and Tencent, US Fintech firms PayPal (NASDAQ: PYPL) and Stripe, and European companies like Klarna and Revolut.

 

PayPal Holdings, Inc. recently announced that Tap to Pay on iPhone is now available for all Venmo business profile and PayPal Zettle users in the US, enabling them to accept contactless card and digital wallet payments directly on their iPhones with no additional cost or hardware. This is the latest development in PayPal's ongoing efforts to help small businesses sell more, grow their business, and manage their finances more efficiently.

 

From the news: Consumers are increasingly going cashless. More than 40 percent of Americans surveyed say that none of their purchases are made with cash in a typical week, and that trend is expected to continue. As a result, accepting card and digital wallet payments in person is increasingly table stakes for small businesses, but until recently, businesses have had to purchase and manage card readers to do so. With Tap to Pay on iPhone, PayPal is helping millions of small businesses adapt to this shift in consumer behavior in a fast, easy, and more affordable way.

 

For investors, industry recognition is another tool for due diligence, but using the company’s technology is the best first hand test for defining the winners of the future. 

 

About Investorideas.com - Big Investing Ideas

Investorideas.com is the go-to platform for big investing ideas. From breaking stock news to top-rated investing podcasts, we cover it all. Our original branded content includes podcasts such as Exploring Mining, Cleantech, Crypto Corner, Cannabis News, and the AI Eye. We also create free investor stock directories for sectors including mining, crypto, renewable energy, gaming, biotech, tech, sports and more. Public companies within the sectors we cover can use our news publishing and content creation services to help tell their story to interested investors. Paid content is always disclosed.

 

Disclaimer/Disclosure: Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles.. Our site does not make recommendations for purchases or sale of stocks, services or products.  This is not investment opinion: Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investing involves risk and possible losses. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. Contact management and IR of each company directly regarding specific questions. Disclosure: this news article featuring APCX is a paid for news release on Investorideas.com - More disclaimer info: https://www.investorideas.com/About/Disclaimer.asp Learn more about publishing your news release and our other news services on the Investorideas.com newswire https://www.investorideas.com/News-Upload/ Global investors must adhere to regulations of each country. Please read Investorideas.com privacy policy: https://www.investorideas.com/About/Private_Policy.asp

 

Follow us on Twitter https://twitter.com/Investorideas

Follow us on Facebook https://www.facebook.com/Investorideas

Follow us on YouTube https://www.youtube.com/c/Investorideas

 

Contact Investorideas.com

800-665-0411

 

  Get more tech stocks investor ideas- news, articles, podcasts and stock directories

 

 

Go beyond Nvidia to explore AI for long-term wealth

Go beyond Nvidia to explore AI for long-term wealth: Go beyond Nvidia to explore AI for long-term wealth

AI Stock News Bite - Ontrak, Inc. (NASDAQ: OTRK) Makes NASDAQ Top Gainers List

AI Stock News Bite - Ontrak, Inc. (NASDAQ: OTRK) Makes NASDAQ Top Gainers List: AI Stock News Bite - Ontrak, Inc. (NASDAQ: OTRK) Makes NASDAQ Top Gainers List

Fintech Market Size Projected To Grow To $882 Billion By 2030 As Advanced Technologies & Services Expand; @FNMgroup

Fintech Market Size Projected To Grow To $882 Billion By 2030 As Advanced Technologies & Services Expand; @FNMgroup

 

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Palm Beach, FL – March 19, 2024 – FN Media Group News Commentary – FinTech companies provide various financial technology services, tools, or solutions to other businesses (B2B) as a service. These services are typically delivered over the cloud, allowing other companies to integrate and use financial technology capabilities without developing these technologies in-house. Moreover, financial technology providers offer a wide range of financial services and technology solutions, including payment processing, Peer To Peer (P2P) lending platforms, fraud detection, blockchain technology, and more solutions.  These services are significantly used by banks, financial institutions, insurance companies, and others. Thus, growing focus on adoption of advanced technology in financial institutions to fulfill customer expectations is expected to drive the fintech industry growth.  A report from Fortune Business Insights projected that the fintech market size is projected to grow to USD 882.30 billion by 2030, exhibiting a CAGR of 17% during the forecast period (2023-2030).  The report said: “The pandemic accelerated the digital transformation of financial services. As businesses and consumers increasingly turned to online and mobile banking, there was a growing demand for financial technology platforms. In addition, financial technology companies offering payment and transaction processing services experienced a surge in demand as e-commerce, contactless payments, and digital wallets became more prevalent during the pandemic.” Active companies in the markets this week include AppTech’s FinZeo(TM) (NASDAQ: APCX), Nu Holdings Ltd. (NYSE: NU), PayPal Holdings, Inc. (NASDAQ: PYPL), Global Payments Inc. (NYSE: GPN), SoFi Technologies, Inc. (NASDAQ: SOFI).

 

Read this in full at https://www.financialnewsmedia.com/fintech-market-size-projected-to-grow-to-882-billion-by-2030-as-advanced-technologies-services-expand/

 

Fortune Business Insights continued: “Moreover, the economic impact of the pandemic led to an increased demand for lending and credit services. These companies offering digital lending platforms and credit scoring solutions saw growth in this period. These factors fueled the fintech market growth during the pandemic.  North America is leading the fintech market share globally with market value of USD 89.61 billion in 2022. The growing need for customization, regulatory compliance, cross-selling opportunities, and FinTech industry trends are some of the key factors driving market growth in the region. North America, particularly Silicon Valley, is a global center for fintech innovation. Financial technology leverages this environment to drive continuous innovation in financial services.”

 

AppTech’s FinZeo(TM) (NASDAQ: APCX) Fintech Platform to Roll Out to Credit Union Network with Over 2,000 Locations – Company’s largest banking integration to date plans to roll-out to credit unions nationwide: one-third of Americans have credit union memberships – AppTech Payments Corp. (“AppTech”), a pioneering Fintech company powering frictionless commerce, recently announced it has signed an agreement to provide its FinZeo™ platform services to a credit union network with over 2,000 locations. Platform integration is expected to begin in March with completion anticipated in Q2 2024.

 

Following its launch, the FinZeo credit union offering is expected to be available to credit unions nationwide, positioning it as the Fintech platform of the future for credit unions and legacy banks. In 2022, there were over 4,700 credit unions in the U.S. with total assets reaching as much as $2.17 trillion.

 

The FinZeo platform offers custom eco-solutions to enable immersive, high conversion, seamless user experiences for customers with minimal effort.

 

As Fintech continues to drive innovation in banking, legacy banks are challenged to keep up with and effectively compete against newer and larger financial services providers. FinZeo offers a turnkey competitive boost to legacy banks, powering them with technology services to offer better experiences to their members for a broad range of functions from mobile payments to ACH, and credit card processing.

 

“The roll-out of our FinZeo platform for the credit union ecosystem, which continues to grow in assets, presents significant opportunity to provide a fast, cost-efficient transition from legacy systems to tomorrow’s best-of-breed Fintech platforms. FinZeo is a great solution for credit unions and we expect to get solid traction in the space upon this rollout,” stated Luke D’Angelo, AppTech’s Chairman & CEO.  CONTINUED… Read this full press release and more news for AppTech Payments Corp. at:  https://apptechcorp.com/press-release/

 

Other recent developments in the tech industry of note include:

 

Nu Holdings Ltd. (NYSE: NU), one of the world’s largest digital financial services platforms, recently released its Fourth Quarter and Full Year 2023 financial results. Financial results are expressed in U.S. dollars and are presented in accordance with International Financial Reporting Standards (IFRS). The full earnings release has been made available on the Company’s Investor Relations website at www.investors.nu.

 

“We are building the largest consumer platform in Latin America, with strong earnings-generating capabilities, having delivered over $8 billion in revenues and $1 billion in net profit in 2023. As we work towards surpassing the 100 million customers milestone in 2024, we are investing heavily in new growth avenues to keep transforming potential into profit. We are unlocking the untapped opportunity of our secured and unsecured lending portfolio, gaining share in the upmarket segment in Brazil, and strengthening our presence in Mexico and Colombia with new products and features. This proves our ability to accelerate our company-wide flywheel beyond our core market and keep pursuing further opportunities,” said David Vélez, founder and CEO of Nubank.

 

PayPal Holdings, Inc. (NASDAQ: PYPL) recently announced its fourth quarter and full year 2023 results for the period ended December 31, 2023. The earnings release and related materials discussing these results can be found on PayPal’s investor relations website at https://investor.pypl.com/financials/quarterly-results/default.aspx.

 

PayPal Holdings, Inc. recently hosted a conference call to discuss these results. A live webcast of the conference call will be available at https://investor.pypl.com. In addition, an archive of the webcast will be accessible through the same link.

 

PayPal has remained at the forefront of the digital commerce revolution for more than 25 years. By leveraging technology to make sending money and shopping more convenient, affordable, and secure, the PayPal platform is empowering hundreds of millions of consumers and merchants in approximately 200 markets to join and thrive in the global economy.

 

Global Payments Inc. (NYSE: GPN) recently announced results for the fourth quarter and year ended December 31, 2023.  “We are pleased with our results for the fourth quarter and full year 2023 that were ahead of our initial expectations outlined last February,” said Cameron Bready, President and Chief Executive Officer. “Importantly, we saw consistent business performance throughout the year despite ongoing uncertainties, highlighting the durability and resiliency of our business model.”

 

Bready continued, “We also accomplished a great deal strategically last year, including successfully closing our acquisition of EVO Payments in March, providing further penetration into integrated payments, enhancing our B2B capabilities and expanding our exposure to stronger secular growth markets. Further, we completed the exit of our Netspend Consumer and Gaming Solutions businesses. These transactions represent important milestones as we seek to advance our strategy and operate a simpler business model centered on our core corporate and financial institution customer base.”

 

SoFi Technologies, Inc. (NASDAQ: SOFI), Galileo Financial Technologies, a leading financial technology company owned and operated independently by SoFi Technologies, Inc., recently announced an expansion of its relationship with The Bancorp Bank, NA, that enables real-time payments services. Using the RTP® network from The Clearing House, Galileo and The Bancorp are delivering instant money movement between bank accounts, enabling fintechs and brands to solve the longstanding cash flow challenges faced by small businesses (SMBs) and consumers looking to get fast access to their funds.

 

Real-time payments are available any time of day, year-round, ensuring the instant availability of funds even when traditional methods such as ACH and wires are unavailable. In Q3 2023, transaction volume and value over the RTP network hit a record high of 64 million transactions at $34 billion, according to The Clearing House.

 

About FN Media Group:

At FN Media Group, via our top-rated online news portal at www.financialnewsmedia.com, we are one of the very few select firms providing top tier one syndicated news distribution, targeted ticker tag press releases and stock market news coverage for today’s emerging companies.

 

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DISCLAIMER:  FN Media Group LLC (FNM), which owns and operates FinancialNewsMedia.com and MarketNewsUpdates.com, is a third party publisher and news dissemination service provider, which disseminates electronic information through multiple online media channels.  FNM is NOT affiliated in any manner with any company mentioned herein.  FNM and its affiliated companies are a news dissemination solutions provider and are NOT a registered broker/dealer/analyst/adviser, holds no investment licenses and may NOT sell, offer to sell or offer to buy any security.  FNM’s market updates, news alerts and corporate profiles are NOT a solicitation or recommendation to buy, sell or hold securities.  The material in this release is intended to be strictly informational and is NEVER to be construed or interpreted as research material.  All readers are strongly urged to perform research and due diligence on their own and consult a licensed financial professional before considering any level of investing in stocks.  All material included herein is republished content and details which were previously disseminated by the companies mentioned in this release.  FNM is not liable for any investment decisions by its readers or subscribers.  Investors are cautioned that they may lose all or a portion of their investment when investing in stocks.  For current services performed FNM expects to be compensated twenty five hundred dollars for news coverage of the current press releases issued by AppTech Payments Corp. by a non-affiliated third party.  FNM HOLDS NO SHARES OF ANY COMPANY NAMED IN THIS RELEASE.

 

This release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. “Forward-looking statements” describe future expectations, plans, results, or strategies and are generally preceded by words such as “may”, “future”, “plan” or “planned”, “will” or “should”, “expected,” “anticipates”, “draft”, “eventually” or “projected”. You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a company’s annual report on Form 10-K or 10-KSB and other filings made by such company with the Securities and Exchange Commission. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and FNM undertakes no obligation to update such statements.

 

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SOURCE: FN Media Group