Smart Card Mktg - SMKG STOCK NEWS

SmartCard Marketing Systems (OTCQB: SMKG) specializes in digital solutions for e-commerce and payments. On March 9, 2023, CEO Massimo Barone announced the launch of their automated chatbot, 'Abotslife,' aimed at enhancing customer service in the PayTech and FinTech sectors. The company is focusing on white-label customer activations globally, despite recent disruptions in the blockchain and crypto markets. SMKG has received its Effective S1 Registration and is now an SEC Reporting Issuer as of February 15, 2023. The firm offers extensive services including cross-border payments and blockchain technologies, advancing its position in the digital transformation landscape.

SmartCard Marketing Systems (OTCQB: SMKG) has announced the effectiveness of its Form S-1 resale registration statement on January 31, 2023, enabling certain shareholders to potentially resell common stock. This is seen as a significant milestone in the company’s capital plan aimed at expanding its operations in the Fintech and Paytech sectors globally. However, SmartCard will not receive any proceeds from these sales. The registration is primarily to fulfill the obligations to stockholders and aims to enhance liquidity in the trading of its shares. Interested parties can access the related prospectus on the SEC’s website.

SmartCard Marketing Systems Inc. (SMKG) has announced the acquisition of a ChatBot AI Code library, aiming to enhance its platforms across various sectors including Fintech and Blockchain. The company operates a tech suite of over 22 platforms offering solutions for infrastructure projects and commerce strategies. Their digital solutions focus on integrating AI for business intelligence and optimizing cross-border payment systems in regions like SE Asia. CEO Massimo Barone emphasizes the integration of innovative technologies to support SMEs and large enterprises, positioning SMKG as a key player in the evolving Blockchain industry.

SmartCard Marketing Systems Inc. (SMKG) has announced a joint venture with KanaCash, a digital fintech organization based in Africa. This partnership aims to enhance digital payment solutions for Sub-Saharan African customers. KanaCash is set to facilitate remittances from the US to 11 African markets, tapping into a growing mobile money trend. As part of the deal, SMKG will receive a 15% equity stake in KanaCash, valued at $4 million. This collaboration is expected to broaden SMKG’s service offerings and extend its reach into digital payments within local African markets.

SmartCard Marketing Systems (OTC: SMKG) announced the integration of RegTech Artificial Intelligence into its PayTech and Fintech solutions. A new vendor agreement enables SMKG to access enhanced APIs for its Chat Bot AI, which is being deployed across all platforms. This technology aims to revolutionize monitoring and underwriting processes for financial institutions, governments, and E-gaming sectors. The global RegTech market is projected to grow from $8.7 billion in 2021 to $29.2 billion by 2027, highlighting the potential impact of these advancements.