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OMNIQ Corp Forms Strategic Alliance with Ingenico to Enhance Fintech Solutions

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OMNIQ Corp (OTCQB: OMQS) has formed a strategic alliance with Ingenico, a global leader in seamless payment solutions. This non-exclusive agreement aims to enhance fintech solutions by combining OMNIQ's AI-driven technology and innovative fintech software with Ingenico's state-of-the-art payment solutions. The collaboration leverages OMNIQ's recent acquisition of Codeblocks and aligns with the company's expertise in technology solutions for various sectors including manufacturing, retail, and healthcare.

This partnership is expected to streamline payment processes across industries, setting new standards in fintech innovation and operational efficiency. OMNIQ CEO Shai Lustgarten emphasized the company's commitment to fostering long-term relationships and integrating innovative solutions to ensure clients receive secure and seamless experiences.

OMNIQ Corp (OTCQB: OMQS) ha formato unalleanza strategica con Ingenico, un leader globale nelle soluzioni di pagamento senza attriti. Questo accordo non esclusivo mira a migliorare le soluzioni fintech combinando la tecnologia guidata dall'IA di OMNIQ e il software fintech innovativo con le soluzioni di pagamento all'avanguardia di Ingenico. La collaborazione sfrutta l'acquisizione recente di Codeblocks da parte di OMNIQ e si allinea con l'esperienza dell'azienda nelle soluzioni tecnologiche per vari settori, tra cui manifatturiero, retail e sanità.

Questa partnership si prevede che semplifichi i processi di pagamento in diversi settori, stabilendo nuovi standard nell'innovazione fintech e nell'efficienza operativa. Il CEO di OMNIQ, Shai Lustgarten, ha sottolineato l'impegno dell'azienda nel promuovere relazioni a lungo termine e nell'integrare soluzioni innovative per garantire ai clienti esperienze sicure e senza soluzione di continuità.

OMNIQ Corp (OTCQB: OMQS) ha formado una alianza estratégica con Ingenico, un líder global en soluciones de pago sin fricciones. Este acuerdo no exclusivo tiene como objetivo mejorar las soluciones fintech combinando la tecnología impulsada por IA de OMNIQ y su software fintech innovador con las soluciones de pago avanzadas de Ingenico. La colaboración aprovecha la reciente adquisición de Codeblocks por parte de OMNIQ y se alinea con la experiencia de la empresa en soluciones tecnológicas para diversos sectores, incluidos manufactura, retail y salud.

Se espera que esta asociación optimice los procesos de pago en varias industrias, estableciendo nuevos estándares en innovación fintech y eficiencia operativa. El CEO de OMNIQ, Shai Lustgarten, enfatizó el compromiso de la empresa de fomentar relaciones a largo plazo e integrar soluciones innovadoras para asegurar que los clientes reciban experiencias seguras y sin interrupciones.

OMNIQ Corp (OTCQB: OMQS)는 Ingenico와 전략적 제휴를 맺었습니다, 매끄러운 결제 솔루션의 글로벌 리더입니다. 이 비독점 계약은 OMNIQ의 AI 기반 기술과 혁신적인 핀테크 소프트웨어를 Ingenico의 최첨단 결제 솔루션과 결합하여 핀테크 솔루션을 향상시키는 것을 목표로 하고 있습니다. 이 협력은 OMNIQ의 최근 Codeblocks 인수와 시너지를 이루며 제조, 소매 및 의료 등 다양한 분야에서 기술 솔루션에 대한 회사의 전문성과도 일치합니다.

이번 파트너십은 여러 산업의 결제 프로세스를 간소화할 것으로 기대됩니다, 핀테크 혁신 및 운영 효율성의 새로운 기준을 설정합니다. OMNIQ의 CEO인 Shai Lustgarten은 고객이 안전하고 원활한 경험을 받을 수 있도록 장기적인 관계를 구축하고 혁신적인 솔루션을 통합하겠다는 회사의 약속을 강조했습니다.

OMNIQ Corp (OTCQB: OMQS) a formé une alliance stratégique avec Ingenico, un leader mondial des solutions de paiement sans friction. Cet accord non exclusif vise à améliorer les solutions fintech en combinant la technologie alimentée par l'IA d'OMNIQ et son logiciel fintech innovant avec les solutions de paiement de pointe d'Ingenico. La collaboration tire parti de l'acquisition récente de Codeblocks par OMNIQ et s'aligne sur l'expertise de l'entreprise dans les solutions technologiques pour divers secteurs, y compris la fabrication, le commerce de détail et la santé.

Ce partenariat devrait rationaliser les processus de paiement dans plusieurs secteurs, établissant de nouvelles normes en matière d'innovation fintech et d'efficacité opérationnelle. Le PDG d'OMNIQ, Shai Lustgarten, a souligné l'engagement de l'entreprise à favoriser des relations à long terme et à intégrer des solutions innovantes pour garantir aux clients des expériences sécurisées et sans faille.

Die OMNIQ Corp (OTCQB: OMQS) hat eine strategische Allianz mit Ingenico gebildet, einem globalen Marktführer für nahtlose Zahlungslösungen. Diese nicht-exklusive Vereinbarung zielt darauf ab, die Fintech-Lösungen zu verbessern, indem die KI-gesteuerte Technologie und die innovative Fintech-Software von OMNIQ mit den modernsten Zahlungslösungen von Ingenico kombiniert werden. Die Zusammenarbeit nutzt die kürzliche Übernahme von Codeblocks durch OMNIQ und passt zur Expertise des Unternehmens in technologischen Lösungen für verschiedene Sektoren, einschließlich Fertigung, Einzelhandel und Gesundheitswesen.

Diese Partnerschaft soll Zahlungsprozesse in verschiedenen Branchen optimieren und neue Maßstäbe in der Fintech-Innovation und der Betriebseffizienz setzen. OMNIQ-CEO Shai Lustgarten betonte das Engagement des Unternehmens, langfristige Beziehungen aufzubauen und innovative Lösungen zu integrieren, um sicherzustellen, dass die Kunden sichere und nahtlose Erfahrungen erhalten.

Positive
  • Strategic alliance with Ingenico, a global leader in payment solutions
  • Potential for enhanced fintech solutions and streamlined payment processes
  • Leverages recent acquisition of Codeblocks
  • Aligns with OMNIQ's expertise in AI-driven technology solutions
  • Expands OMNIQ's presence in various sectors including manufacturing, retail, and healthcare
Negative
  • None.
  • Combines Ingenico's payment solutions with OMNIQ's fintech software.
  • Aligns with OMNIQ's expertise in technology solutions for various sectors.
  • Supports OMNIQ's growth in markets like manufacturing, retail, healthcare, and more.

SALT LAKE CITY, Aug. 14, 2024 (GLOBE NEWSWIRE) -- OMNIQ Corp. (OTCQB: OMQS) (“OMNIQ” or “the Company”), a leading provider of Artificial Intelligence (AI)-based image processing technologies and supply chain management solutions, In a significant stride towards advancing their fintech position is proud to announce a non-exclusive agreement with Ingenico, a global leader in seamless payment.

OMNIQ Corp. will leverage its innovative fintech software alongside Ingenico's state-of-the-art payment solutions. This strategic alliance aims to enhance and streamline payment across various industries, marrying OMNIQ's AI-driven technology solutions with Ingenico's global expertise in payment.

This collaboration leverages the recent acquisition of Codeblocks Ltd and aims to deliver superior payment solutions, enriching customer experiences across various industries. Together, OMNIQ and Ingenico are setting new standards in fintech innovation and operational efficiency.

“Ingenico’s collaboration with OmniQ is an exciting move as we embark on this journey together. By integrating OmniQ’s innovative technology with Ingenico’s solutions, businesses in Israel will have the tools to empower growth and success.” Francisco Gil, Ingenico Managing Director of Iberia, Israel & Africa.

“I'm proud of our collaboration with Ingenico, marking a significant step forward in utilizing automation and fintech innovation to enhance payment solutions. This partnership reflects our proactive commitment to fostering long-term relationships and diligently integrating innovative solutions, ensuring our clients receive the most secure and seamless experience possible.” Said omniQ CEO Shai Lustgarten

About Ingenico

Ingenico is the global leader in payments acceptance solutions. As the trusted technology partner for merchants, banks, acquirers, ISVs, payment aggregators and fintech customers our world-class terminals, solutions and services enable the global ecosystem of payments acceptance. With 45 years of experience, innovation is integral to Ingenico’s approach and culture, inspiring our large and diverse community of experts who anticipate and help shape the evolution of commerce worldwide. At Ingenico, trust and sustainability are at the heart of everything we do. For additional information, please visit https://ingenico.com/

About OMNIQ Corp.

OMNIQ Corp. excels in providing state-of-the-art computerized and machine vision image processing technologies, anchored in its proprietary and patented artificial intelligence innovations. The Company's extensive range of services spans advanced data collection systems, real-time surveillance, and monitoring capabilities catered to various sectors, including supply chain management, homeland security, public safety, as well as traffic and parking management. These innovative solutions are strategically designed to secure and optimize the movement of individuals, assets, and information across essential infrastructures such as airports, warehouses, and national borders.

The Company serves a broad spectrum of clients, including government agencies and esteemed Fortune 500 corporations across several industries—manufacturing, retail, healthcare, distribution, transportation, logistics, food and beverage, and the oil, gas, and chemical sectors. By adopting OMNIQ Corp.'s advanced solutions, these organizations are better equipped to manage the intricacies of their domains, thereby enhancing their operational effectiveness.

OMNIQ Corp. has established a significant footprint in rapidly expanding markets. This includes the Global Safe City sector, predicted to reach $67.1 billion by 2028, the smart parking industry, expected to escalate to $16.4 billion by 2030, and the fast-casual restaurant market, projected to hit $209 billion by 2027. These engagements reflect the Company's strategic alignment with industries that are witnessing a growing need for cutting-edge AI technology solutions.

For additional information, please visit www.OMNIQ.com.

Information about forward-looking statements

This press release includes forward-looking statements as defined by the Private Securities Litigation Reform Act of 1995, specifically under Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These statements, which address expected future events, economic performance, and financial outcomes, are not historical facts but predictions based on current expectations and projections.

Such forward-looking statements, identifiable by terms like "anticipate," "expect," "may," "believe," and similar expressions, should not be seen as guarantees of future results. They are based on the information available at the time of making and reflect management's current expectations about future events. These statements are subject to various risks and uncertainties that could cause actual results to differ significantly from those projected or implied. Some of these risks include fluctuations in product demand, the introduction of new offerings, maintaining customer and strategic relationships, competitive pressures, market growth, financial liquidity, debt management, and the ability to integrate new acquisitions effectively.

Specific forward-looking statements in this release include expectations regarding financial strategies, revenue growth, and operational improvements. For a detailed discussion of risks and uncertainties that could affect OMNIQ Corp.'s future performance, please refer to our recent filings with the Securities and Exchange Commission at https://www.sec.gov. OMNIQ Corp. does not commit to updating these forward-looking statements unless required by law.

Contact omniQ:

IR@OMNIQ.com

Contact Ingenico:

Elena Chadaigne, Global Head of External Communications
T +33 6 80 58 27 62
E Elena.CHADAIGNE@ingenico.com


FAQ

What is the purpose of OMNIQ's strategic alliance with Ingenico?

The strategic alliance between OMNIQ and Ingenico aims to enhance fintech solutions by combining OMNIQ's AI-driven technology and innovative fintech software with Ingenico's state-of-the-art payment solutions, streamlining payment processes across various industries.

How does this alliance benefit OMNIQ (OMQS) shareholders?

This alliance potentially benefits OMNIQ shareholders by expanding the company's presence in various sectors, leveraging recent acquisitions, and setting new standards in fintech innovation, which could lead to increased market share and revenue opportunities.

What industries will be impacted by OMNIQ's collaboration with Ingenico?

The collaboration between OMNIQ and Ingenico is expected to impact various industries including manufacturing, retail, healthcare, and other sectors where OMNIQ has expertise in providing technology solutions.

When was the strategic alliance between OMNIQ (OMQS) and Ingenico announced?

The strategic alliance between OMNIQ Corp (OTCQB: OMQS) and Ingenico was announced on August 14, 2024, as per the press release.

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