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Intellabridge Launches Upgraded Version of Its Karma Application

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Intellabridge Technology (CSE: KASH) announces significant upgrades to its Karma app, introducing new features including an Impact Dashboard and Karma Stories. The Impact Dashboard enables members to track their cashback contributions and monitor their donation impacts. Karma Stories provides an interactive feed showcasing charity stories and community impact. The company has also launched a redesigned website at karmaconnect.com. However, due to Qenta's card issuance business suspension and Patriot Bank's discontinuation of B2C Banking-as-a-Service, the card program has been paused. The company is seeking alternative infrastructure solutions and focusing on transitioning cardholders to Karma Connect.

Intellabridge Technology (CSE: KASH) annuncia significativi aggiornamenti per la sua app Karma, introducendo nuove funzionalità tra cui un Impatto Dashboard e Karma Stories. L'Impatto Dashboard consente ai membri di monitorare i loro contributi in cashback e di osservare l'impatto delle loro donazioni. Karma Stories offre un feed interattivo che mette in mostra storie di beneficenza e impatti nella comunità. L'azienda ha anche lanciato un sito web riprogettato su karmaconnect.com. Tuttavia, a causa della sospensione dell'emissione di carte da parte di Qenta e della cessazione del servizio B2C Banking-as-a-Service da parte di Patriot Bank, il programma delle carte è stato sospeso. L'azienda sta cercando soluzioni infrastrutturali alternative e si sta concentrando sulla transizione dei titolari di carte a Karma Connect.

Intellabridge Technology (CSE: KASH) anuncia importantes actualizaciones para su app Karma, introduciendo nuevas características que incluyen un Tablero de Impacto y Karma Stories. El Tablero de Impacto permite a los miembros rastrear sus contribuciones de cashback y monitorear el impacto de sus donaciones. Karma Stories proporciona un feed interactivo que muestra historias de caridad y el impacto en la comunidad. La compañía también ha lanzado un sitio web rediseñado en karmaconnect.com. Sin embargo, debido a la suspensión del negocio de emisión de tarjetas de Qenta y a la discontinuación del servicio B2C Banking-as-a-Service por parte de Patriot Bank, el programa de tarjetas ha sido pausado. La compañía está buscando soluciones de infraestructura alternativas y se está enfocando en la transición de los titulares de tarjetas a Karma Connect.

인텔라브릿지 테크놀로지(CSE: KASH)는 카르마 앱에 대한 중대한 업그레이드를 발표하며, 새로운 기능으로는 임팩트 대시보드카르마 스토리가 포함됩니다. 임팩트 대시보드는 회원들이 캐시백 기여금을 추적하고 기부의 영향을 모니터링할 수 있게 합니다. 카르마 스토리는 자선 이야기와 지역 사회의 영향을 보여주는 인터랙티브한 피드를 제공합니다. 이 회사는 또한 karmaconnect.com에서 재설계된 웹사이트를 출시했습니다. 그러나 Qenta의 카드 발급 사업 중단과 Patriot Bank의 B2C 뱅킹 서비스 종료로 인해 카드 프로그램이 일시 중단되었습니다. 이 회사는 대체 인프라 솔루션을 찾고 있으며 카드를 소지한 고객을 카르마 커넥트로 전환하는 데 집중하고 있습니다.

Intellabridge Technology (CSE: KASH) annonce des mises à jour significatives de son application Karma, introduisant de nouvelles fonctionnalités telles qu'un Tableau d'Impact et Karma Stories. Le Tableau d'Impact permet aux membres de suivre leurs contributions en cashback et de surveiller l'impact de leurs dons. Karma Stories offre un fil d'actualités interactif mettant en avant des histoires caritatives et des impacts communautaires. L'entreprise a également lancé un site web redessiné à l'adresse karmaconnect.com. Cependant, en raison de la suspension de l'émission de cartes par Qenta et de l'arrêt du service B2C Banking-as-a-Service par Patriot Bank, le programme de cartes a été suspendu. L'entreprise recherche des solutions d'infrastructure alternatives et se concentre sur la transition des détenteurs de cartes vers Karma Connect.

Intellabridge Technology (CSE: KASH) kündigt bedeutende Aktualisierungen seiner Karma-App an, die neue Funktionen wie ein Impact-Dashboard und Karma Stories einführt. Das Impact-Dashboard ermöglicht den Mitgliedern, ihre Cashback-Beiträge zu verfolgen und die Auswirkungen ihrer Spenden zu überwachen. Karma Stories bietet einen interaktiven Feed, der Geschichten von Wohltätigkeit und Auswirkungen auf die Gemeinschaft zeigt. Das Unternehmen hat außerdem eine neu gestaltete Website unter karmaconnect.com gestartet. Aufgrund der Aussetzung des Kartenemissionsgeschäfts von Qenta und der Einstellung des B2C-Banking-as-a-Service durch die Patriot Bank wurde das Kartenprogramm jedoch ausgesetzt. Das Unternehmen sucht nach alternativen Infrastruktur-Lösungen und konzentriert sich darauf, Karteninhaber zu Karma Connect zu übertragen.

Positive
  • Launch of new Impact Dashboard feature for tracking donation impacts
  • Introduction of Karma Stories interactive feed for community engagement
  • Website redesign to enhance member onboarding
Negative
  • Card program paused due to third-party service providers' discontinuation
  • Forced transition of existing cardholders to alternative platform
  • Infrastructure instability affecting service continuity

Boulder, Colorado and Vancouver, British Columbia--(Newsfile Corp. - November 7, 2024) - Intellabridge Technology Corporation (CSE: KASH) (OTCQB: KASHF) (FSE: KASH), Karma Card Corporation, a fintech company with a mission to be a force for good by integrating philanthropy with financial services and is proud to announce significant enhancements to Karma app, its flagship platform. These updates include a new Impact Dashboard and Karma Stories, enhancing member experience and engagement. The Company has also launched a redesigned website that highlights these new features boosting member engagement and community impact initiatives.

Impact Dashboard Empowers Users to Track Their Contributions

The newly launched Impact Dashboard provides Karma Connect members with a dynamic tool to monitor the impact of their cashback contributions. Measuring the impact of their donations over time gives members a clear view of how everyday purchases translate into tangible outcomes.

"Our members are passionate about creating positive change, and the Impact Dashboard brings that commitment to life," said John Eagleton, CEO of Intellabridge. "Tracking the impact - whether it's meals provided or trees planted - motivates members to continue engaging with purpose."

Karma Stories Highlight Real-World Change

The Company has also launched a new feature Karma Stories which is an interactive feed showcasing stories from charities and changemakers and illustrating the real-world impact of the Karma community and charities supported by its members. "These stories put a human face on our collective efforts," added John Eagleton. "From providing essential supplies to supporting environmental projects, members can see how their contributions inspire and create change."

Website Redesign Enhances Member Onboarding

As part of ongoing enhancements, the updated website at karmaconnect.com now provides more accessible information on key features like the Impact Dashboard and Karma Stories, offering members and credit unions a clearer view of the platform's capabilities. In addition, partnerships with credit unions extend the marketing reach, introducing more members to Karma Connect and a mission of meaningful impact.

Exploring Infrastructure Options For Cardholders

Due to the decisions of Qenta (formerly Apto Payments) to put on hold its card issuance business and Patriot Bank to discontinue its B2C Banking-as-a-Service product, the card program was paused. These changes are independent of any actions by the Company.

The Company is actively pursuing cost-effective and stable infrastructure solutions to ensure service continuity. In line with this goal, the focus is on transitioning existing cardholders to Karma Connect, which offers a more streamlined impact solution compared to the Karma Card program. This shift will allow the Company to maintain high-quality service while optimizing operational efficiency. During this transition, we are committed to supporting our customers by offering guidance on account closures, processing final transactions, and addressing inquiries to ensure a smooth and well-supported process.

The information provided herein except for exploring infrastructure options for cardholders is not material information.

About Intellabridge Technology Corporation

Intellabridge Technology Corporation (CSE: KASH) (OTCQB: KASHF) (FSE: KASH) is a fintech company in the business of social and environmental impact whose product, Karma, has a mission to make every transaction have a positive impact on the world through cashback solutions and automated customizable donations to charitable organizations based on the United Nations Sustainable Development Goals. Karma Connect enables customers to link their existing debit or credit cards to the platform, earning extra cashback on their everyday purchases. These rewards are directed to charitable organizations, turning regular spending into impactful donations. This seamless integration makes it easy for users to contribute to causes they care about, promoting positive change without requiring additional financial outlay.

For more information on Intellabridge visit www.intellabridge.com.
For more information on Karma visit www.karmaconnect.com

Media Contact:

ON BEHALF OF THE BOARD of DIRECTORS INTELLABRIDGE TECHNOLOGY CORPORATION
"Maria Eagleton" Maria Eagleton, COO

To contact Intellabridge:

Website: intellabridge.com

Email: maria@intellabridge.com

The CSE does not accept responsibility for the adequacy or accuracy of this release.

Forward-Looking Statements
This news release contains certain forward-looking information and forward-looking statements within the meaning of applicable securities legislation (collectively "forward-looking statements"). The use of any of the words "will", "plan", "on track", "possible", "anticipated" and similar expressions are intended to identify forward-looking statements. These statements involve known and unknown risks, uncertainties and other factors that may cause actual results or events to differ materially from those anticipated in such forward-looking statements. Such forward-looking statements should not be unduly relied upon. Actual results achieved may vary from the information provided herein as a result of numerous known and unknown risks and uncertainties and other factors. The Company believes the expectations reflected in those forward-looking statements are reasonable, but no assurance can be given that these expectations will prove to be correct. The Company does not undertake to update these forward-looking statements, except as required by law.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/229170

FAQ

What new features did Intellabridge (KASHF) add to its Karma app in November 2024?

Intellabridge added two main features: an Impact Dashboard for tracking donation impacts and Karma Stories, an interactive feed showcasing charity stories and community impact.

Why was Intellabridge's (KASHF) card program paused in 2024?

The card program was paused due to Qenta suspending its card issuance business and Patriot Bank discontinuing its B2C Banking-as-a-Service product.

What solution is Intellabridge (KASHF) offering to affected cardholders?

Intellabridge is transitioning existing cardholders to Karma Connect, which offers a streamlined impact solution compared to the Karma Card program.

INTELLABRIDGE TECH CORP

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