USVIHI22
4週前
https://finance.yahoo.com/news/paytech-company-iwallet-launches-voice-104308878.html
Paytech company iWallet launches Voice AI in payments
Digital payment solutions provider iWallet has brought Voice AI technology to payments, with an aim to improve payment security.
This new system is designed to process telephone orders (TO) using voice recognition, to meet the demand for secure and user-friendly payment methods.
The most of traditional systems rely on interactive voice response (IVR) and dual-tone multi-frequency (DTMF) signals, which are often said to be not fully compliant with payment card industry (PCI) standards.
iWallet claimed that its new AI-based system is a PCI-compliant solution.
This technology provides an alternative to manual DTMF signal entry, enhancing transaction security and reducing the risk of errors and fraud.
iWallet Founder and CEO Jim Kolchin stated: “Adding the ability for businesses to use AI for payments saves them a lot of time and money. iWallet Voice AI also improves customer satisfaction and keeps the phone calls PCI-compliant and is a leap forward from the traditional automated systems.”
The company's solutions include its patented one-sided check deposit system, which simplifies manual payment processes. It also offers integrations with platforms such as Venmo, PayPal, and Zelle for invoicing.
In September 2024, iWallet expanded its services to include Zelle invoicing, allowing small and medium-sized enterprises (SMEs) to use the platform for business transactions.
Operated by Early Warning Services, Zelle is typically used for peer-to-peer transfers, has had limited adoption among SMEs until now.
Based in San Francisco, iWallet is a fintech startup focused on payment solutions for businesses of all sizes.
"Paytech company iWallet launches Voice AI in payments " was originally created and published by Electronic Payments International, a GlobalData owned brand.
Tstorm
9月前
$IWAL New Tweet
Over the past 12 months, $IWAL has been working tirelessly to transform our balance sheet, prioritizing shareholder interests and demonstrating our dedication to stability and growth.
Here's what we've accomplished:
✅Slashed total liabilities by $406,129.
✅Achieved a 44% reduction in overall liabilities.
✅Implemented a 6-month hold and a 12.5% leak-out provision for our new preferred stock, guiding a thoughtful two-year liquidation.
✅Initiated the PRE 14C process to establish a preferred stock category, addressing debt holder lockup agreements.
As we advance with the DEF 14C, we remain committed to bolstering corporate governance as we focus our full attention on preparation for future partnerships, mergers and beyond. More details can be found here: https://otcmarkets.com/filing/html?id=17372335&guid=8TQ-kWQsdkv7dth