Welcome to our dedicated page for Innovative Payment Solutions news (Ticker: IPSI), a resource for investors and traders seeking the latest updates and insights on Innovative Payment Solutions stock.
Innovative Payment Solutions, Inc. (IPSI) is a Nevada-based fintech and digital payments company whose news flow centers on real-time payments, cross-border remittances, and crypto-enabled financial technology. IPSI trades on the OTCQB Venture Market under the symbol IPSI, and its announcements provide insight into how the company is building out its payment infrastructure, partnerships, and target verticals.
Recent IPSI news highlights the launch of a full-spectrum payments platform covering credit, debit, ACH, real-time bank-to-bank transfers, and regulated crypto rails. The company has detailed commercial deployment steps, integrations with partners such as Payzli, PayzliPlus/Brant Point Solutions, and TabaPay, and initiatives to support omnichannel merchant processing with real-time settlement and instant payouts.
Another major theme in IPSI’s news is its expansion into crypto payments and digital assets. The IPSI Crypto Payments Platform is described as enabling operators in sectors like online gaming, iGaming, and sportsbook to accept selected cryptocurrencies and stablecoins with automatic conversion to fiat currencies. IPSI has also announced plans for crypto-enabled point-of-sale systems and potential crypto-linked card issuance, as well as a partnership with Bullet Blockchain to facilitate Bitcoin ATM-powered remittances to Mexico.
In addition, IPSI’s news covers corporate strategy and structural developments, including the IPSI 2.0 initiative focused on AI-driven financial tools for underserved consumers, the formation of Astria Insurance Solutions Inc. to enter insurance marketing and premium finance, and the creation of a joint venture with Brant Point Solutions (PayzliPlus) to target gaming, sportsbook, and casino entertainment markets. Investors and observers can use the IPSI news page to follow updates on product launches, partnerships, regulatory filings, and strategic shifts as the company develops its payment and fintech ecosystem.
Innovative Payment Solutions, Inc. (OTCQB: IPSI) has announced the soft launch of its new e-wallet app, Beyond Wallet, through its subsidiary Beyond Fintech, Inc. This app will enable cash transfers from the U.S. to Mexico, tapping into the $43 billion remittance market. CEO William Corbett stated that this marks a significant milestone in the company's strategy to enter major remittance markets, including India and the Philippines. The Beyond Wallet aims to modernize electronic payments while reducing costs for underserved populations. The app is available on major app stores.
Innovative Payment Solutions, Inc. (OTCQB:IPSI) will present at the H.C. Wainwright 23rd Annual Global Investment Virtual Conference from September 13-15, 2021. CEO William Corbett will provide a business overview. Investors can join the presentation online starting September 13 at 7:00 AM EST, with an archived version available for 90 days. The conference will feature over 750 corporate presentations. Innovative Payment Solutions focuses on offering advanced digital payment solutions, including self-service kiosks and mobile applications.
Innovative Payment Solutions (OTCQB: IPSI) announced a strategic partnership with BC Remittance Limited, enabling low-cost electronic money transfers to the Philippines. This collaboration aims to enhance IPSIPay's capabilities in the growing remittance market, valued at $35 billion annually. BC Remit, an Authorized Payment Institution, offers competitive transfer fees around 1%, significantly lower than traditional providers. CEO William Corbett highlighted this partnership as a critical step in expanding IPSI's market share and facilitating customer transactions through a proprietary E-wallet.
Innovative Payment Solutions, Inc. (OTCQB: IPSI) is set to present at the H.C. Wainwright 23rd Annual Global Investment Conference, taking place virtually from September 13–15, 2021. CEO William Corbett's presentation will be accessible from September 13 at 7:00 AM ET, with one-on-one meetings available throughout the event. The company aims to revolutionize digital payments through its IPSIPay platform, integrating self-service kiosks, mobile apps, and POS terminals to enhance consumer and service provider experiences. For more information, investors can register for the conference online.
Innovative Payment Solutions, Inc. (OTCQB: IPSI) has announced a revision to its proxy statement, proposing a reverse stock split. This split will exchange one share for a range of two to 30 shares, with the final ratio to be determined by the Board of Directors. The filing has been submitted to the SEC.
Innovative Payment Solutions focuses on creating a comprehensive digital payment platform known as IPSIPay, targeting diverse payment needs through various devices including kiosks and mobile applications.
Innovative Payment Solutions, Inc. (OTCQB: IPSI), a fintech company, has engaged CORE IR for investor and public relations to boost market awareness and communicate its business model effectively. CEO William Corbett stated that CORE IR's strategies would help attract both institutional and retail investors. The partnership aims to expand the company's reach and improve engagement within investment communities, focusing on Innovative's unique digital payment solutions ecosystem which encompasses self-service kiosks, mobile apps, and POS terminals.
Innovative Payment Solutions, Inc. (OTCQB: IPSI) has appointed Richard Rosenblum as its new President and Chief Financial Officer. Rosenblum brings extensive experience in financial services, capital markets, and technology. His leadership is expected to play a crucial role in the final stages and rollout of the company's digital payment platform, IPSIPay. CEO William Corbett expressed confidence in Rosenblum’s background in emerging growth companies, which aligns well with the company’s future plans for its payment processing system.
Innovative Payment Solutions, Inc. (OTCQB: IPSI) announced its acquisition of a 10% stake in Frictionless Financial Technologies, Inc. This strategic investment aims to enhance the development of IPSIPay™, its digital payment platform, and facilitate the rollout of an all-in-one solution for global payments targeted at unbanked and underbanked populations. CEO William Corbett believes this partnership will accelerate the late-stage development of their digital platform, expected to launch later this summer.
Innovative Payment Solutions, Inc. (OTCQB: IPSI) has appointed Jonathan Severn to lead its prepaid card division, specifically focusing on the IPSIPay™ platform. Severn brings over 30 years of experience in the prepaid card industry, having previously managed substantial credit card transaction volumes and successfully sold companies for significant value. CEO William Corbett expressed confidence in Severn's ability to integrate IPSIPay™ card services into the company's digital marketplace, anticipating that his leadership will accelerate business growth while addressing challenges faced by underserved consumers.
Innovative Payment Solutions, Inc. (OTCQB: IPSI) has appointed Clifford W. Henry and Madisson G. Corbett to its Board of Directors, expanding the team to five members, three of whom are independent. Mr. Henry brings extensive investment management experience, while Ms. Corbett has a proven track record in fintech sales development, notably increasing revenue at Brex.com from $20M to $100M in 18 months. These appointments aim to enhance the company's strategy and support the growth of its digital payment platform, IPSIPay™.