Finding
#Fintech Leaders and the Importance of #Patents (NASDAQ: $APCX) NYSE: $IBM)
(NYSE: $V) (NASDAQ: $AAPL) @AppTechCorp @IBM @Visa @Apple
Vancouver
Kelowna, Delta, BC – January 31, 2023 - Investorideas.com, a
leading investor news resource covering Fintech stocks releases a special
report on the importance of patents in Fintech as the industry changes and
adapts to market conditions, featuring AppTech
Payments Corp. (NASDAQ:APCX).
Read this article,
featuring APCX in full at https://www.investorideas.com/news/2023/technology/01311APCX-Fintech-Leaders.asp
In
a recent report, Fintech – the Importance of
patents as banking and technology converge Cipher notes that, “banks are behind in the
patent game and need to catch up. IBM (NYSE:IBM) has
five times more Fintech patents than all the banks put together. Technology
companies understand the role of intellectual property to define and protect
markets.”
AppTech
Payments Corp., an innovative Fintech company currently holds an extensive IP
portfolio and recently launched Commerse™, a cloud-based Commerce
Experiences-as-a-Service ("CXS") platform backed by AppTech's mobile
commerce patents, core partner technology and other related internal
intellectual property.
In
a recent Fox news interview,
Slatestone Wealth Chief Market Strategist Kenny Polari talked about why AppTech
Payments Corp. (NASDAQ:
APCX) was one of his five year stock picks. “It’s a very
interesting name when you think about small cap growth and you think about the
opportunity in the Fintech space with payments as a service and banking as a
service. They have launched a new platform called Commerse.
Their
technology has been cited by more than 500 big listed companies like Visa (NYSE: V),
Microsoft (NASDAQ: MSFT) and
Apple (NASDAQ: AAPL) that
use their technology (Apptech’s) in their technology stack.”
AppTech
CEO Luke D’Angelo and CNBC and Fox Business Network Market Analyst, Kenny
Polcari recently held a Fireside chat where they
discussed in detail the value of the company’s Intellectual Property and how
that creates potential revenue streams.
D’Angelo
said, “When you have a patent you have people (companies) that issue forward
citations on these patents. If you have one or five or ten, you are considered
a winner. A forward citation is when a company files with the US Patent Office
that they are using our technology in their technology stack. Apptech has over
500 forward citations.
We
believe that our technology is the cornerstone of what we know as mobile payment
technology today.”
AppTech
CEO Luke D'Angelo recently told
Investor Ideas in a podcast that, "First and
foremost, our intellectual property is bar none. We wanted to make sure that
when we came to market that we're not looking back. We're not looking to the
left or right, we're just charging straight forward. Our due diligence and
study of the Fintech market for the last 7 years is paramount."
Last
April AppTech announced its
definitive agreement to purchase Hothand Inc. (“Hothand”), a patent holding
company which owns the intellectual property rights to a wide array of mobile
credit/debit transaction and mobile search, location, offer and payment fields.
From the news: ”AppTech
will acquire Hothand’s portfolio of twelve patents focused on the delivery,
purchase, or request of any products or services within a specific geolocation
and time provided by a consumer from any cell phone anywhere in the United
States. Hothand’s family of patents also includes advertising on mobile phones
within the application, where the products or services are purchased. These
patents will serve as a great complement to AppTech’s current patented and
proprietary software, which is expected to provide progressive and adaptable
products that are available through a suite of synergistic offerings directly
to merchants, banking institutions and business enterprises.”
Luke
D’Angelo, AppTech CEO commented, “The acquisition of Hothand’s patents will
bolster AppTech’s highly anticipated technology stack, which will bring the
company to the forefront of the Fintech industry. We plan to begin writing and
filing a more comprehensive patent combining our technologies with those of
Hothand, which will serve as a cornerstone of AppTech’s upcoming product
offerings.”
Apptech’s
current IP portfolio
includes:
Mobile Commerce
Framework
View Patent 7,693,752 | View Patent 10,600,094
View Patent 8,554,632 | View Patent 10,621,639
View Patent 8,799,102 | View Patent 10,846,726
View Patent 9,436,956 | View Patent 10,846,727
View Patent 10,102,556 | View Patent 10,909,593
View Patent 10,127,592 | View Patent 11,107,140
View Patent 11,354,715
This patent portfolio is focused on the
delivery, purchase or request of any products or services within specific
geolocation and time parameters, provided by a consumer’s mobile phone anywhere
in the United States. This portfolio houses the patent that protects all
advertising on a mobile phone, including in a store’s mobile application.
System & Method for Delivering Web Content to a Mobile
Device
View Patent 8,073,895 | View Assignment for Patent 8,073,895
View Patent 8,572,166 | View Assignment for Patent 8,572,166
These
patents allow companies to send URLs in text messages. They are responsible for
helping to create the industry protocol known as Wireless Access Protocol (WAP)
Push. WAP is very commonly used when you receive a text message with a link to
download content or an application to your mobile phone.
Mobile-to-Mobile Payment
System & Method
View Patent 8,369,828 | View Assignment for Patent 8,369,828
This
patent was developed for moving money from cellphone to cellphone, person to
person, or person to business. We believe it sparked the creation of the P2P
(Peer to Peer) Payments industry by allowing users to move money by text
message, click, tap, or scan.
Computer to Mobile Two-Way Chat System & Method
View Patent 8,315,184 | View Assignment for Patent 8,315,184
This
patent allows for communication from a computer to mobile phone device via SMS
text messaging. This technology is most used in social media messenger apps or
chat features. When chatting with your friends on your favorite platform, the
messages are not moving cellphone to cellphone. Rather, the messages you send
through your phone are sent to the app’s computer, processed, and then routed
to the receiver’s mobile device.
In
a recent report, FinTech Revolution:
The Game Changer Technologies and the Patent Landscape they
explain, “In general, innovation and patents go hand in hand, and the last
decade has been a defining year for the FinTech industry, which continues to grow
with more R&D investments by key players. According to the patent filing
trend, the year 2023 will see a nearly 60% increase in patent filing activities
by organisations when compared to the year 2013.”
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