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AppTech Payments Corp. - APCX STOCK NEWS

Welcome to our dedicated page for AppTech Payments news (Ticker: APCX), a resource for investors and traders seeking the latest updates and insights on AppTech Payments stock.

AppTech Payments Corp. (NASDAQ: APCX) is a leading FinTech company headquartered in Carlsbad, CA, offering innovative digital financial services. The company provides scalable cloud-based payment processing and digital banking solutions, catering to financial institutions, corporations, SMEs, and consumers through its branded subsidiaries, Transcendent One and Transtech One.

Transcendent One stands out as the first merchant-owned credit card processing company, awarding its merchants shares based on processing volume. It offers a comprehensive suite of merchant services including credit card processing, electronic check & ACH processing, gift & loyalty card programs, and merchant cash advance services. Meanwhile, Transtech One delivers commercial and residential IT services through its regional retail centers, uniquely integrating IT services with merchant solutions.

AppTech leverages patented mobile technologies to enhance its offerings, ensuring secure, adaptable, and immersive commerce experiences. Its proprietary software suite, including the FinZeo™ platform, provides eco-solutions enabling seamless user experiences. Recently, the company announced a partnership with a credit union network, integrating FinZeo to be available nationwide by Q2 2024, enhancing credit union and legacy bank services.

The company is committed to driving innovation in the FinTech sector. Recent milestones include the introduction of InstaCash, Inc.'s mobile-to-mobile payment system, expanding to Brazil and Mexico, and the acquisition of FinZeo, transforming AppTech into a Payment Facilitator (PayFac). Additionally, AppTech has been enhancing financial literacy through the InstaCash platform, targeting underbanked demographics with educational initiatives.

Financially, AppTech reported a revenue increase of 12% in 2023, driven by new licensing revenue. The company's strategic capital raises and partnerships with entities like FISB Solutions aim to modernize community banks with neobank technologies, ensuring they remain competitive in the digital era.

Moreover, AppTech's recent public offerings and shareholder engagements underscore its proactive approach to growth and stakeholder value. The company continues to innovate and expand its market reach, positioning itself as a significant player in the global FinTech landscape.

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AppTech Payments Corp. (NASDAQ: APCX) signs a deal to provide FinZeo platform services to a credit union network, aiming to revolutionize the financial services landscape. The Fintech sector is experiencing rapid growth, driven by technology investments and government support. The company's CEO, Luke D'Angelo, is recognized for his innovative leadership. Jack Henry's Financial Crimes Defender wins the Best Fraud Prevention Platform award, showcasing advanced AI technology. Futu and its subsidiary receive prestigious investment awards, solidifying their industry positioning. PayPal's Tap to Pay on iPhone enhances contactless payment options for small businesses, reflecting the shift towards cashless transactions.
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AppTech Payments Corp. announces its largest banking integration to date with a credit union network, aiming to roll out its FinZeo platform services to over 2,000 locations nationwide. The platform is expected to revolutionize the credit union ecosystem by offering seamless user experiences and innovative financial services.
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AppTech Payments Corp. announces the launch of its partner InstaCash's peer-to-peer payment solution, offering lower fees and advanced security protocols, set to revolutionize mobile transactions.
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AppTech Payments Corp. announces the integration of its Commerse and FinZeo products into a unified Fintech platform, aiming to streamline payments and enable real-time transfer of funds without borders. The company believes this move will allow traditional banks to compete more effectively in the digital banking space, offering vertically integrated financial services to eliminate costs and redundancies. AppTech's strategic partner agreement with Broadnet also allows for custom eco-solutions for various clients, including community banks, credit unions, municipalities, franchises, associations, healthcare, events, mobile payments, bill pay, and non-profits.
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AppTech Payments Corp. (APCX) announces the successful collaboration and integration of Plaid's technology into their licensee PayToMe.co's platform, marking a significant advancement in their intellectual property and licensing business. The partnership enhances PayToMe.co's offerings, including secure financial data access, extensive network coverage, and an intuitive user interface, aligning with AppTech's commitment to fostering Fintech innovation. The integration with Plaid's API underscores a shift in the Fintech industry towards more open and interconnected financial ecosystems, emphasizing user empowerment and offering greater control and transparency over financial data.
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AppTech Payments Corp. (APCX) announces a strategic partnership with First Inning Ventures, an international sports marketing and consulting agency, to revolutionize fintech integration in the sports industry. The collaboration aims to drive new revenue within addressable markets ripe for transformative growth and to scale the user base of AppTech's Specialty Payments platform while building long-term shareholder value. First Inning's leadership team, comprised of capital markets veterans, former professional athletes, tech entrepreneurs, and seasoned branding experts, is uniquely positioned to understand and serve the specific needs of professional sports teams and their athletes. The collaboration is expected to drive increased visibility and availability of the innovative CommerseTM suite, targeting A, B, and C level sports organizations.
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AppTech Payments Corp. (APCX) announces Reno-Tahoe International Airport as the first international airport to adopt its newly acquired FinZeo platform, with over 400 airports anticipated to board over the coming years. The platform is expected to provide optimal efficiency and safety for both vendors and consumers, laying the foundation for a profitable 2024.
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AppTech Payments Corp. (APCX) will be attending the Consumer Electronics Show in Las Vegas from January 9-12, 2024, to support Specialty Payments operations and meet with potential customers and investors.
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AppTech Payments Corp. (APCX) announces Reno International Airport as the first international airport to adopt its newly acquired FinZeo platform, with an estimated forty airports to be boarded onto the platform during 2024. The FinZeo platform manages all financial transactions and payments within the airport’s facilities, providing optimal efficiency and safety for both vendors and consumers. CEO Luke D’Angelo anticipates additional airports to fully adopt the platform in the coming weeks, laying the foundation for a profitable 2024.
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AppTech Payments Corp. (Nasdaq:APCX) has retained CORE IR, a leading investor relations, public relations, and strategic advisory firm, to assist with investor relations and shareholder communications services. The company aims to expand market awareness, convey its business model and growth strategies, and engage with institutional and retail investment communities. AppTech CEO Luke D’Angelo believes that CORE IR's integrated approach will help the company attract investors and revolutionize the mobile commerce industry with Specialty Payments.
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FAQ

What services does AppTech Payments Corp. provide?

AppTech offers digital financial services including credit card processing, electronic check & ACH processing, merchant cash advance services, and IT services through its subsidiaries Transcendent One and Transtech One.

What is the FinZeo platform?

FinZeo is AppTech's proprietary digital payments and banking platform that provides immersive and seamless user experiences for credit unions and legacy banks.

How does Transcendent One differ from other credit card processing companies?

Transcendent One is the first merchant-owned credit card processing company, offering merchants shares based on processing volume.

What is InstaCash, and how is it beneficial?

InstaCash is a mobile-to-mobile payment system developed by AppTech, providing account-to-account transactions and financial literacy tools, aimed at democratising banking for underbanked demographics.

What recent partnerships has AppTech announced?

AppTech has partnered with a credit union network and FISB Solutions to modernize community banking technologies and enhance service offerings.

What are AppTech's recent financial highlights?

For 2023, AppTech reported a 12% revenue increase, driven by new licensing revenue. Q1 2024 saw an 18% revenue growth and a 13% reduction in operating expenses.

How is AppTech contributing to financial literacy?

AppTech integrates online financial literacy courses into its InstaCash platform, educating underbanked users on personal finance.

Where is AppTech Payments Corp. headquartered?

AppTech Payments Corp. is headquartered in Carlsbad, California.

What is AppTech's Specialty Payments development and delivery model?

AppTech's Specialty Payments model focuses on delivering tailored digital financial solutions through scalable cloud-based platforms and exclusive patented technologies.

What is the significance of the FinZeo integration with credit unions?

The FinZeo integration aims to provide advanced digital banking services to credit unions, helping them transition from legacy systems to modern fintech platforms, enhancing user experiences.

AppTech Payments Corp.

Nasdaq:APCX

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