Breaking #Fintech #Stock News: AppTech Payments Corp. (NASDAQ: $APCX) Patent Licensee PayToMe.co Wins Bronze #StevieAward in 2023 International Business Awards; @AppTechCorp

Breaking #Fintech #Stock News: AppTech Payments Corp. (NASDAQ: $APCX) Patent Licensee PayToMe.co Wins Bronze #StevieAward in 2023 International Business Awards; @AppTechCorp

 

CARLSBAD, Calif. - August 21, 2023 (Investorideas.com Newswire) AppTech Payments Corp. ("AppTech") (NASDAQ: APCX), an innovative Fintech company powering seamless commerce between business and consumers, today announced the Company's patent licensee PayToMe.co was named the winner of a Bronze Stevie® Award in the 20th Annual International Business Awards® (IBA), alongside global powerhouses like Amazon and IBM (US), TELUS (Canada), Turkcell (Turkey), and Rakuten (Japan).

                                 

Read this news, featuring APCX in full at https://www.investorideas.com/CO/APCX/news/2023/08211PayToMe.asp

 

PayToMe.co won the "Tech Startup of the Year" award in the Services category in recognition of its comprehensive suite of integrated digital financial services and solutions at the forefront of transforming back-office financial processes and revolutionizing digital payments. The patent license from AppTech solidifies PayToMe.co's position as a leading innovator in the Silicon Valley startup ecosystem.

 

The journey to this achievement was marked by an involved judging process, with insights from over 230 executives from around the world. The evaluation, conducted throughout June and July, underscored the remarkable impact of PayToMe.co's innovations. Notably, the competition drew from a pool of more than 3,700 nominations originating from 61 nations and territories. Winners will be celebrated during a gala banquet at the Cavalieri Waldorf Astoria Hotel, in Rome, Italy on Friday, October 13, 2023.

 

"This award reflects PayToMe.co's contributions at the forefront of the Fintech industry," said Luke D'Angelo, Chairman & CEO of AppTech Payments Corp. "We are proud to see AppTech's IP position increasingly recognized alongside current technology market leaders. We will continue to support PayToMe.co and other startups in Silicon Valley and around the world through strategic partnerships and patent licenses."

 

One IBA judge commented: "As a judge, I find that PayToMe.co has presented compelling supporting materials that effectively substantiate the claims made in this nomination, providing a solid foundation for the company's achievements and unique value proposition in the fintech industry. The patent license granted by AppTech Payments serves as tangible evidence of PayToMe.co's innovative solutions, specifically in mobile-to-mobile payments and computer-to-mobile chat systems."

 

"This license not only highlights the company's dedication to innovation but also enhances its credibility and sets it apart within the industry. By referencing these supporting materials, PayToMe.co offers concrete evidence of its achievements, transparency, credibility, and validation, solidifying its position as an emerging leader in the fintech space."

 

Another IBA judge commented: "PayToMe.co has made impressive strides in the fintech industry since its beginning of 2021. Their expansion of service offerings, including Payment-as-a-Service, PayFac-as-a-Service, and Software-as-a-Service solutions, demonstrates their commitment to meeting the evolving needs of businesses and streamlining financial operations. Strategic partnerships with industry players have further enhanced their position and allowed them to leverage expertise for mutual growth.

 

"The company's focus on innovation and research and development is commendable, ensuring that they stay at the forefront of emerging trends and technologies in digital finance. The patent license received from AppTech Payments is a testament to their commitment to excellence and further strengthens their reputation as a leading player in the fintech space. Overall, PayToMe.co's expanded services, strategic partnerships, ongoing innovation, and recognition in the form of a patent license showcase their dedication to delivering cutting-edge solutions and establishing themselves as a trusted partner in the fintech landscape."

 

The following AppTech patents are licensed under this agreement:

1. Computer to Mobile Two-Way Chat System & Method

2. Mobile-to-Mobile Payment System and Method

3. System and Method for Delivering Web Content to a Mobile Device

4. Mobile Commerce Framework

 

About PayToMe.co

PayToMe.co is a leading FinTech platform offering integrated digital financial services and solutions across all channels. Its mission is to streamline, simplify, digitize, and automate back-office financial processes while transforming digital payments through an all-in-one FinTech platform. With comprehensive offerings such as Payment-as-a-Service (PaaS), PayFac-as-a-Service (Pay-Fac), and Software-as-a-Service (SaaS), PayToMe.co empowers businesses to provide seamless payment experiences and expand revenue generation opportunities. To learn more about PayToMe.co and explore its full range of services, please visit www.paytome.co.

 

About AppTech Payments Corp

AppTech Payments Corp. (NASDAQ: APCX) provides digital financial services for corporations, small and midsized enterprises ("SMEs") and consumers through the Company's scalable cloud-based platform architecture and infrastructure, coupled with our commerce experiences development and delivery model. AppTech maintains exclusive licensing and partnership agreements in addition to a full suite of patented technology capabilities. For more information, please visit www.apptechcorp.com.

 

Forward-Looking Statements

This press release contains forward-looking statements that are inherently subject to risks and uncertainties. Any statements contained in this document that are not historical facts are forward-looking statements as defined in the U.S. Private Securities Litigation Reform Act of 1995. Words such as "anticipate, believe, estimate, expect, forecast, intend, may, plan, project, predict, should, will" and similar expressions as they relate to AppTech are intended to identify such forward-looking statements. These risks and uncertainties include, but are not limited to, general economic and business conditions, effects of continued geopolitical unrest and regional conflicts, competition, changes in methods of marketing, delays in manufacturing or distribution, changes in customer order patterns, changes in customer offering mix, and various other factors beyond the Company's control. Actual events or results may differ materially from those described in this press release due to any of these factors. AppTech is under no obligation to update or alter its forward-looking statements, whether as a result of new information, future events, or otherwise.

 

Investor Relations Contact

Michael Kim/Brooks Hamilton
737-289-0835
APCX@mzgroup.us
www.mzgroup.us

 

AppTech Payments Corp.

info@apptechcorp.com
760-707-5959

 

AppTech Payments Corp. (APCX) is a featured tech stock on

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Breaking #AI #Stock News: GBT Technologies Inc. (OTC PINK: $GTCH) and GBT Tokenize Corp. Provide IP Portfolio Segmental Update; @gbtt_inc #artificialintelligence

Breaking #AI #Stock News: GBT Technologies Inc. (OTC PINK: $GTCH) and GBT Tokenize Corp. Provide IP Portfolio Segmental Update; @gbtt_inc  #artificialintelligence

 

(I)                        GBT is requesting a continued examination of its Integrated Circuit’s Geometrical Design Rule Automatic Correction patent

 

GBT has been granted a notice of allowance for the patent and is currently taking steps to bolster its validity by exploring additional prior art

 

(II)              GBT received a notice of publication for its CIP 3D, Multiplanar Photonic microchips patent application

 

The CIP (Continuation in Part) patent application protects Photonic-based, 3D, multi-Planar design architecture and manufacturing technologies for integrated circuits.

 

(III)            GBT received a notice of allowance for its predictive technology for designing and manufacturing three-dimensional, multi-planar semiconductors patent.

 

The invention protects a system that predicts and matches the best 3D, MP shape for an integrated circuit manufacturing process

 

SAN DIEGO, CA, August 18, 2023 -- (Investorideas.com Newswire) GBT Technologies Inc. (OTC PINK: GTCH) ("GBT” or the “Company”), together with GBT Tokenize Corp., its 50% subsidiary and owner of GBT’s intellectual property portfolio, provides a segmental intellectual property portfolio update as related to its patents filed to date.

 

Read this news, featuring GTCH in full at https://www.investorideas.com/CO/GOPH/news/2023/08181IP-Portfolio-Segmental-Update.asp

 

The following update represents a status report with respect to three different applications with the United States Patent and Trademark Office (“USPTO”):

 

(I)                 GBT has decided to request a further examination of its integrated circuits (IC) geometrical design rule automatic correction system and method patent, known internally as Omega. This request is being made with the goal of enhancing the patent's validity and considering additional prior art to strengthen its coverage. Although the patent has already received a notice of allowance, GBT is interested in further protecting its intellectual property (IP) rights by overcoming any potential prior art and securing important claims. The patent describes an innovative technology for automatically correcting geometrical design rule violations within the layout of an integrated circuit. This process, known as IC layout design rule correction, involves identifying and correcting geometrical violations to comply with the manufacturing process design rules. The Omega invention offers a system and methods for automatic correction of IC's layout without any manual intervention, while maintaining its electrical connectivity and complying with design for manufacturing and reliability verification constraints. In nanometer nodes of 5nm and below, a manual design rule correction can take a significant amount of time, increasing the overall project's design time, particularly for Analog, RF and mixed (combined analog and digital circuitry) type designs. The Omega invention protects a technology that can perform automatic correction within minutes using Artificial Intelligence algorithms. The design rule correction system identifies violations, understands their nature, location, and implications, and automatically corrects them while keeping all other electrical and geometrical constraints intact.  The technology uses machine learning to automatically correct mistakes. It identifies the errors and then comes up with strategies to fix them. This can include adjusting the layout, resizing or repositioning components, or making other changes. The patent describes a feature that can correct errors throughout the microchip's sub-blocks, taking into account electrical and manufacturing considerations. As IC design rules have become more complex in recent years, especially in small scale nanometer nodes of 7nm and below, it has become difficult to keep up with timelines, meet release schedules, and achieve desired semiconductor costs. This invention solves this problem by automating the process of correcting design rule violations, resulting in better quality and faster microchips with higher silicon yield. The goal is for the overall project cycle time to be reduced with the associated higher performance and quality microchips. The Omega invention seeks to offer a solution for IC layout design rule verification process, saving time and resources for designers and manufacturers. GBT plans to continue researching and developing innovative advancements in this field.

 

(II)                Photonic, 3D, multi-Planar, integrated circuits (PIC) design and manufacturing architecture, continuation-in-part (CIP) patent application, received a notice of publication. The application’s serial number is 18109291 and the original filing date was February 14, 2023. The publication number is US-2023-0207711-A1 and the publishing date is June 29, 2023. The CIP patent application covers photonic microchip technology, added to GBT’s 3D, MP microchip design and manufacturing existing invention. A photonic integrated circuit (PIC), is a device that combines both electronic and photonic components on a small scale. It is designed to process and manipulate light signals instead of electrical signals, enabling faster data transfer and processing compared to traditional electronic microchips. It contains photonic components, which are components that work with light (photons). In a Photonic microchips photons (particles of light) are used to carry and process information. These microchips typically use optical waveguides which are equivalent to electrical wires. Such waveguides are made of silicon or other semiconductor materials, to guide and control the flow of light within the chip, similarly to electrical wire. The integration of photonics on a microchip enables a wide range of high-speed applications, including optical communications, data transmission, optical computing, and sensing. Photonic microchips can be used in high-speed data centers, telecommunications networks, and other areas where rapid and efficient data processing is crucial. Photonic microchips offer robust advantages based on the properties of light, such as high bandwidth, low latency, low power consumption and resistance to electromagnetic interference. These properties make them promising candidates for addressing the increasing demands of data-intensive applications and overcoming the limitations of traditional electronic microchips. GBT’s granted 3D, MP patent technology describes a traditional multi-planar technology to design and manufacture ICs with higher performance and less energy/heat loss, in various applications such as microprocessors, controllers, GPUs, memories and more. Additionally, these chips could theoretically increase the traffic speed and bandwidth of data centers, reduce power consumption/heat, lower cost, and ultimately help create a “greener world”. GBT’s CIP patent application seeks to add Photonic Technology to the next generation of high performance, bandwidth, and efficiency of PICs, making them a vital part of the high-speed technology of the future. The patent also protects 3D, MP hybrid technology, combining photonics and conventional circuits, offering advantages of photonic circuits working together with conventional ones in a 3D multiplanar structure. GBT plans to continue its research in the evolving photonic ICs domain, developing further pioneering advancements and new concepts.

(III)              GBT received a notice of allowance for its predictive, three-dimensional, multi-planar shape semiconductor technology patent. GBT's predictive technology patent aims to design and manufacture three-dimensional, multi-planar semiconductors. It uses artificial intelligence (AI) to predict the best 3D, multi-planar shape for an integrated circuit (IC) manufacturing process. The described system considers various factors, including geometrical design rules, electrical specifications, reliability constraints, and DFM (Design for Manufacturing) guidelines. The system then generates a family of possible shapes, simulates all of them, and matches the optimal 3D, multi-planar shape according to best ranking. The patent's technology alleviates the disadvantages and problems of known semiconductor and IC fabrication systems and methods. It can help to improve silicon yield, performance, power consumption, and Electro-Thermal dissipation. The invention's technology is also designed to work with GBT's patented 3D, multi-planar semiconductor architecture IP. The patent application for GBT's predictive technology was filed in January 2023. The Company plans to expand its 3D, multi-planar semiconductor architecture IP next year and file additional patent applications in this domain.

 

There is no guarantee that the Company will be successful in researching, developing or implementing this system.  In order to successfully implement this concept, the Company will need to raise adequate capital to support its research and, if successfully researched, developed and granted regulatory approval, the Company would need to enter into a strategic relationship with a third party that has experience in manufacturing, selling and distributing this product.  There is no guarantee that the Company will be successful in any or all of these critical steps. 

 

About Us

GBT Technologies, Inc. (OTC PINK: GTCH) (“GBT”) (http://gbtti.com) is a development stage company which considers itself a native of Internet of Things (IoT), Artificial Intelligence (AI) and Enabled Mobile Technology Platforms used to increase IC performance. GBT has assembled a team with extensive technology expertise and is building an intellectual property portfolio consisting of many patents. GBT’s mission, to license the technology and IP to synergetic partners in the areas of hardware and software. Once commercialized, it is GBT’s goal to have a suite of products including smart microchips, AI, encryption, Blockchain, IC design, mobile security applications, database management protocols, with tracking and supporting cloud software (without the need for GPS). GBT envisions this system as a creation of a global mesh network using advanced nodes and super performing new generation IC technology. The core of the system will be its advanced microchip technology; technology that can be installed in any mobile or fixed device worldwide. GBT’s vision is to produce this system as a low cost, secure, private-mesh-network between all enabled devices. Thus, providing shared processing, advanced mobile database management and sharing while using these enhanced mobile features as an alternative to traditional carrier services.

Forward-Looking Statements

Certain statements contained in this press release may constitute "forward-looking statements".  Forward-looking statements provide current expectations of future events based on certain assumptions and include any statement that does not directly relate to any historical or current fact. Actual results may differ materially from those indicated by such forward-looking statements because of various important factors as disclosed in our filings with the Securities and Exchange Commission located at their website ( http://www.sec.gov).  In addition to these factors, actual future performance, outcomes, and results may differ materially because of more general factors including (without limitation) general industry and market conditions and growth rates, economic conditions, governmental and public policy changes, the Company’s ability to raise capital on acceptable terms, if at all, the Company’s successful development of its products and the integration into its existing products and the commercial acceptance of the Company’s products.  The forward-looking statements included in this press release represent the Company's views as of the date of this press release and these views could change.  However, while the Company may elect to update these forward-looking statements at some point in the future, the Company specifically disclaims any obligation to do so.  These forward-looking statements should not be relied upon as representing the Company's views as of any date subsequent to the date of the press release.

 

Contact:

Dr. Danny Rittman, CTO
info@gbtti.com

 

GBT Technologies Inc. (OTCQB:GTCH) is a featured tech stock on Investorideas.com

 

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#AIEye #Podcast: #AI #Stocks in the News: (OTCPINK: $GTCH) (NasdaqCM: $BNIX) (NYSE: $IBM)

 

 

#AIEye #Podcast: #AI #Stocks in the News: (OTCPINK: $GTCH) (NasdaqCM: $BNIX) (NYSE: $IBM)

 

GBT Announces Patent Purchase Agreement with Bannix Acquisition Corp. for Apollo IP System, and IBM Brings AI-Powered Features to US Open

 

Global #AI in #CancerDiagnostics Market to Reach $996.1M by 2030

 

Vancouver, Kelowna, Delta, BC – August 15, 2023  – Investorideas.com, a global investor news source covering Artificial Intelligence (AI) brings you today’s edition of  The AI Eye-watching stock news, deal tracker and advancements in artificial intelligence – featuring technology company GBT Technologies Inc. (OTCPINK:GTCH).

 

Listen to today’s podcast:

https://www.investorideas.com/Audio/Podcasts/2023/081523-AI-Eye.mp3

 

Read this in full at https://www.investorideas.com/news/2023/artificial-intelligence/08151GTCH-BNIX-IBM.asp

 

Hear the Ai Eye on Spotify  

 

Today’s Column- The AI Eye- Watching stock news, deal tracker and advancements in artificial intelligence

 

Stocks discussed: (OTCPINK:GTCH) (NasdaqCM:BNIX) (NYSE:IBM)

 

GBT Technologies Inc. (OTC PINK:GTCH) has entered into a definitive Patent Purchase Agreement through its 50 percent-owned GBT Tokenize Corp. with Bannix Acquisition Corp. (NasdaqCM:BNIX) wherein the latter will acquire the Apollo IP system for $42,500,000 payable in shares of Preferred Stock of BNIX. The Apollo IP system is described as “a revolutionary radio frequency-based computer vision technology that, upon full development, can provide autonomous vehicles with superior perception and mapping capabilities in all lighting conditions and weather.” Doug Davis, CEO of Bannix Acquisition Corp., explained:

 

"We are excited to announce our acquisition agreement with Tokenize. We believe this strategic acquisition will allow us to partner with multiple integrators of autonomous vehicles. We believe it will also enhance our Business Combination partner Evie Autonomous Group's exciting, patent-pending, AI enhanced radar vision system that allows vehicles to perceive their environment, using 4D radar and algorithms to intelligently interpret the sensor data and unlock tremendous value and position us as a leader in the autonomous technology space. Together, we will drive the future of mobility and revolutionize the way people experience transportation.”

 

IBM (NYSE:IBM) and the United States Tennis Association (USTA) have announced the implementation of AI-powered digital fan features on USOpen.org and the US Open app. This will include AI generated commentary and captions powered by watsonx, IBM's AI and data platform. Jonathan Adashek, Senior Vice President of Communications and Marketing at IBM, explained:

 

"Fans accessing the US Open digital experiences this year will be able to experience every singles match, across all seventeen courts, with detailed audio narration and captions accompanying each video – thanks to the power of IBM's watsonx generative AI, specifically trained on the language of tennis. The AI Commentary feature was developed based on the watsonx enterprise-ready data and AI platform, designed to enable businesses to accelerate generative AI work by leveraging foundation models and machine learning in one place, with their own data."

 

 

Global AI in Cancer Diagnostics Market to Reach $996.1M by 2030

 

A report published by Research and Markets finds that the global market for AI in Cancer Diagnostics is projected to grow from $137.8 million USD in 2022 to $996.1 million by 2030, registering a compound annual growth rate (CAGR) of 26.3 percent in the forecast period 2023-30. The following excerpt from the report’s description outlines some key factors impacting the growth of the market:

 

The increasing scope of applications of artificial intelligence (AI) in various healthcare fields, including diagnostics; the rising prevalence of cancer; and the growing shortage of public health workforce are some of the key factors anticipated to fuel the adoption of artificial intelligence (AI) in cancer diagnostics over the forecast period. In addition, the increasing applicability of AI-based tools in cancer care and the rise in venture capital investments is further driving the surge in demand for this technology.

 

Sam Mowers, Investorideas.com

 

Read and hear other editions of the AI  Eye

 

For a list of artificial intelligence stocks on Investorideas.com visit here

 

 

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Breaking #Fintech #Stock News: AppTech Payments Corp. (NASDAQ: $APCX) Reports Second Quarter 2023 Results; @AppTechCorp

Breaking #Fintech #Stock News: AppTech Payments Corp. (NASDAQ: $APCX) Reports Second Quarter 2023 Results; @AppTechCorp

 

CARLSBAD, Calif. - August 15, 2023 (Investorideas.com Newswire) AppTech Payments Corp. ("AppTech") (NASDAQ: APCX), an innovative Fintech company powering seamless commerce between businesses and consumers, today announced results for its second quarter ended June 30, 2023. The financial statements and 10-Q are available on sec.gov.

 

Read this news, featuring APCX in full at https://www.investorideas.com/CO/APCX/news/2023/08151Q2-Results.asp

 

Second Quarter and Year-to-Date 2023 Financial Highlights

Revenue was approximately $134 thousand for the three months ended June 30, 2023, up 9% compared to $123 thousand for the three months ended June 30, 2022. The increase was principally driven by higher transaction volume.

 

Revenue was approximately $223 thousand for the six months ended June 30, 2023, compared to $227 thousand for the prior-year period. The slight decrease was principally driven by an adjustment in our revenue related to a processor.

 

Cash and cash equivalents balance was $749 thousand as of June 30, 2023.

 

Recent Business Highlights

Executed a definitive agreement with Broadnet Technologies to expand AppTech's reach in the global text-to-pay space. The Patent License Agreement licenses AppTech's SMS and Mobile Payment patents to Broadnet, thereby expanding the Company's footprint by supporting integrations with its patent-based portfolio in text-to-pay and SMS solutions.

 

Entered a strategic partnership to build, develop, launch, and manage InstaCash, Inc.'s mobile-to-mobile payment system, and subsequently extended the license to Brazil and Mexico. AppTech will develop mobile and web-based applications for the contactless payment system, which will feature digital banking services and Visa/MasterCard sponsorship, and provide user support services. As part of the partnership, AppTech will receive an equity stake in InstaCash.

 

Granted a patent license to PayToMe.co, a Silicon Valley-based company focused on revolutionizing digital financial services.

 

Joined the Russell Microcap® Index, effective after the US market opened on June 26, 2023. Russell indexes are widely used by investment managers and institutional investors as benchmarks for active investment strategies. Approximately $12.1 trillion in assets are benchmarked against Russell's US indexes.

 

Management Commentary

Luke D'Angelo, Chief Executive Officer of AppTech, commented: "In the second quarter, we continued to leverage our powerful and differentiated Fintech platform, while the value of our patent portfolio is increasingly being recognized by the market. Our new strategic partnerships with market-leading companies expand AppTech's opportunity set, further diversifies the business, and accelerates our growth trajectory. Moreover, our inclusion in the Russell Microcap Index reinforces our continued progress on our growth strategy, and amplifies our visibility in the market, which positions us to enhance long-term value for our shareholders."

 

About AppTech Payments Corp

AppTech Payments Corp. (NASDAQ: APCX) provides digital financial services for corporations, small and midsized enterprises ("SMEs") and consumers through the Company's scalable cloud-based platform architecture and infrastructure, coupled with our commerce experiences development and delivery model. AppTech maintains exclusive licensing and partnership agreements in addition to a full suite of patented technology capabilities. For more information, please visit www.apptechcorp.com.

 

Forward-Looking Statements

This press release contains forward-looking statements that are inherently subject to risks and uncertainties. Any statements contained in this document that are not historical facts are forward-looking statements as defined in the U.S. Private Securities Litigation Reform Act of 1995. Words such as "anticipate, believe, estimate, expect, forecast, intend, may, plan, project, predict, should, will" and similar expressions as they relate to AppTech are intended to identify such forward-looking statements. These risks and uncertainties include, but are not limited to, general economic and business conditions, effects of continued geopolitical unrest and regional conflicts, competition, changes in methods of marketing, delays in manufacturing or distribution, changes in customer order patterns, changes in customer offering mix, and various other factors beyond the Company's control. Actual events or results may differ materially from those described in this press release due to any of these factors. AppTech is under no obligation to update or alter its forward-looking statements, whether as a result of new information, future events, or otherwise.

 

Investor Relations Contact

Michael Kim/Brooks Hamilton
737-289-0835
APCX@mzgroup.us

 

AppTech Payments Corp.

info@apptechcorp.com
760-707-5959

 

AppTech Payments Corp. (APCX) is a featured tech stock on

Investorideas.com

 

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