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ALFI partners with 22Miles to enhance digital signage with AI-driven wayfinding solutions. This collaboration integrates Alfi's machine learning technology with 22Miles' content management system, offering targeted audience experiences in various venues such as airports and shopping centers. The partnership aims to improve consumer engagement through immersive digital content, reinforcing Alfi's mission to reshape consumer interactions. This follows Alfi's first airport kiosk project expected to reach 27 million passengers, indicating strong potential for growth in digital advertising.
Alfi (NASDAQ:ALF) announced insights from a study revealing that 96% of senior advertising executives see digital out-of-home (DOOH) advertising data enhancing creativity and audience engagement. The study indicates that quality measurement tools, data availability, and campaign flexibility are crucial for DOOH growth. Alfi aims to transform the sector by enabling brands to serve relevant ads without capturing personal information. The company plans to expand its AI advertising solutions across various venues globally, utilizing machine learning technology to deliver privacy-compliant audience insights.
Alfi (NASDAQ:ALF) has partnered with SmartCity Wireless Solutions to install six digital kiosks at Baltimore-Washington International Airport (BWI Marshall) for advanced AI-driven advertising. This initiative aims to enhance passenger experience through personalized advertising based on audience data. The kiosks are expected to be operational by the end of Q1 2022 and will remain active until January 31, 2024. Alfi's technology offers customized content delivery, improving brand engagement while respecting privacy regulations.
Alfi, Inc. (NASDAQ:ALF), a leading AI enterprise SaaS advertising platform, has appointed Luis Bocaletti as the new Director of Engineering. Bocaletti, a seasoned expert with over 30 years in software development, will enhance Alfi's technological capabilities in the growing digital out-of-home (DOOH) advertising sector. His extensive background includes roles at major companies like Holland & Barrett and Dell Technologies, where he contributed to significant software innovations. This strategic hire signals Alfi's commitment to advancing its AI-powered ad solutions.
Alfi (NASDAQ:ALF) has engaged Frazier & Deeter, LLC as its independent auditor for the fiscal year ending December 31, 2021. The decision was approved by the Audit Committee and ratified by the Board of Directors following a thorough evaluation process. Frazier & Deeter, a Top 50 accounting firm based in Atlanta, will conduct audits of the Company's consolidated financial statements and review the unaudited financial information for the quarter ending September 30, 2021. Alfi specializes in AI-driven advertising solutions for digital out-of-home advertising.
Alfi (NASDAQ:ALF) released research indicating that 86% of advertising executives believe individuals out of their homes are more alert and engaged, highlighting the effectiveness of Digital Out of Home (DOOH) advertising. The report reveals that 61% of senior executives consider DOOH the best method to reach tech-savvy young consumers. Key sectors projected to see growth in DOOH advertising over the next three years include entertainment (76%), finance (62%), and fashion (59%). This shift is attributed to privacy concerns regarding cookies and the increasing foot traffic in public spaces.
ALFI (NASDAQ:ALF) announced it received a notice from Nasdaq indicating non-compliance with Listing Rule 5250(c)(1) due to a delayed filing of its Quarterly Report on Form 10-Q for Q3 2021. The Company has 60 days to submit a compliance plan, with a potential 180-day extension if accepted. Failure to comply may lead to delisting. The Company had previously disclosed its inability to file the report by the deadline of November 15, 2021. The notice does not currently affect trading but raises concerns over future compliance.
Alfi (NASDAQ:ALF) has reported that 85% of senior advertising executives anticipate increased budgets in digital out-of-home (DOOH) advertising following the impending ban on third-party cookies in web browsers. With Google Chrome's adoption of these measures, 65.15% of the browser market will open to new advertising opportunities. Approximately 79% of executives foresee an increase in television advertising budgets. The study indicates robust growth for the DOOH sector, with 78% expecting it to account for over 50% of out-of-home ad spending by 2023.
ALFI (NASDAQ:ALF) announced the appointment of Louis A. Almerini as interim Chief Financial Officer, effective November 8, 2021. With over 30 years of financial experience across various public companies, Almerini aims to lead corporate finance and accounting functions during this transition. Interim CEO Peter Bordes expressed confidence in Almerini's capabilities, emphasizing the importance of continuity and operational excellence. Alfi focuses on creating ethical AI-driven advertising solutions for the digital out-of-home marketplace.
Alfi (NASDAQ:ALF) announced the appointment of two new board members, Patrick Dolan and Allen Capsuto, effective November 1, 2021. Dolan, former President and COO of the Interactive Advertising Bureau, brings extensive experience in digital marketing and advertising, while Capsuto, a Managing Director at Everest Group, will chair the Audit Committee. The company aims to enhance its governance and strategic direction as it develops its AI-driven advertising platform. This move is anticipated to strengthen Alfi's leadership and oversight.
