CyberloQ Technologies Inc. Leadership Outlines Importance of Recently Announced Collaboration with Pannovate Limited
On November 2, 2021, CyberloQ Technologies (OTC: CLOQ) CEO Chris Jackson discussed the company's collaboration with Pannovate in an interview. This partnership aims to leverage Pannovate's Banking as a Service (BaaS) model to enhance CyberloQ's multi-factor authentication platform, positioning both companies within the $5 trillion e-commerce market. Jackson emphasized the potential to reduce fraud, projected to exceed $130 billion by 2023, while granting CyberloQ easier access to card networks for market penetration.
- Collaboration with Pannovate enhances CyberloQ's market offerings.
- Access to existing card networks improves market penetration.
- Positioning in a growing $5 trillion e-commerce market.
- None.
AUSTIN, Texas, Nov. 02, 2021 (GLOBE NEWSWIRE) -- SmallCapVoice.com Inc. (“SCV”) announces the availability of a new interview with Chris Jackson, CEO of CyberloQ Technologies Inc. (OTC PINK: CLOQ).
Speaking with SCV’s Stuart Smith, Chris Jackson, CyberloQ Technologies, Inc. CEO details the motivation behind CyberloQ’s exciting collaboration with Pannovate, Mr. Jackson discusses the natural fit between the Banking and Card Program services that Pannovate offers, as well as its well-established European/Asain customer base while coinciding with CyberloQ’s robust, leading-edge multi-factor authentication (MFA) platform.
“Pannovate is a unique company. They’re essentially a bank in a box, or a BaaS model – Banking as a Service,” stated Mr. Jackson. “Their expertise and innovation allow them to create turn-key product solutions for existing banks, also to create new and emerging card programs for those banks. Emerging Banks are looking to go to market quickly, and more importantly, cost effectively. There are great synergies between our two companies which operate in the global e-commerce market. It’s currently a
Jackson points out how Pannovate gives CyberloQ direct access to existing card networks. Now, CyberloQ can more easily achieve market penetration by working with an established vendor in the banking ecosystem.
Mr. Jackson also briefly discusses the Companies branding efforts, new web portal update, their internal infrastructure build that encompasses “Kafka” as their main support mechanism, this allows them to scale at infinite levels as the Company grows. Kafka is widely used among the world’s largest enterprises to transmit trillions of data points on a daily basis.
In conclusion, Mr. Jackson discusses the upcoming podcast scheduled with Mr. Joe Lind, Advisory Board Member and head of domestic Credit Union and Banking relations. Our relationship with Pannovate has global implications for both companies, our collaboration will bring CyberloQ to the EU and Asia, and subsequently bring Pannovate here to the U.S market.
The full interview can be heard at: https://www.smallcapvoice.com/nov-interview-cyberloq-technologies-cloq/.
About CyberloQ Technologies Inc.
CyberloQ Technologies Inc. (OTC: CLOQ) secures clients’ sensitive data and valuable information with a patented, aggressive and proactive approach. CyberloQ's advanced authentication algorithms, private blockchain and industry-leading geofencing capabilities give clients complete control of their data for real-time authentication and dedicated fraud protection. For more information, visit https://CyberloQ.com/.
About SmallCapVoice.com
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Forward Looking Statements:
This press release and the offering materials may contain forward-looking statements and information relating to, among other things, the company, its business plan and strategy, and its industry. Forward-looking statements are neither historical facts nor assurances of future performance. They are based on the current beliefs of, assumptions made by, and information currently available to the company's management regarding the future of the company's business, future plans and strategies, anticipated events and trends, the economy and other future conditions. When used in the offering materials, the words "aim," "estimate," "project," "believe," "anticipate," "intend," "envision," "estimate," "expect," "future," "goal," "hope," "likely," "may," "plan," "potential," "seek," "should," "strategy," "will" and similar references to future periods are intended to identify forward-looking statements, which constitute forward looking statements. These statements reflect management's current views with respect to future events and are subject to inherent risks, uncertainties and changes in circumstances that are difficult to predict (many of which are outside of the company's control) and could cause the company's actual results to differ materially from those contained in the forward-looking statements. Investors are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date on which they are made. All subsequent written and oral forward-looking statements concerning the company, the offering or other matters, are expressly qualified in their entirety by the cautionary statements above. The company does not undertake any obligation to revise or update these forward-looking statements to reflect events or circumstances after such date or to reflect the occurrence of unanticipated events.
Contact Information:
CLOQ Contact:
Chris Jackson
Tel: 1.612.961.4536
Email: info@cyberloq.com
SmallCapVoice.com
Stuart T. Smith
512-267-2430
Info@SmallCapVoice.com
Source: SmallCapVoice.com
