Neon Bloom, Inc. Announces Successful Launch of AI-Driven Backend Software
Rhea-AI Summary
Neon Bloom (OTC: NBCO) has successfully completed the integration of a new AI-driven backend software for its payment processing platforms through its subsidiary, Advance Executive Sales. The upgraded system features multi-factor authentication and advanced AI technology aimed at reducing fraud, managing vendor redundancy, and handling chargebacks more effectively.
The company underwent a three-month development period during which payment activity was reduced. Management expects to resume and exceed historical growth rates, projecting stronger revenue and reduced costs starting from the 4th quarter. The enhancement is expected to enable expansion into new fintech vertical markets that were previously inaccessible.
Positive
- Integration of AI-driven backend software to enhance payment processing capabilities
- Implementation of multi-factor authentication for improved security
- Expected reduction in fraud and chargebacks
- Potential expansion into new fintech vertical markets
- Projected increase in revenue and reduced operational costs
Negative
- Three-month development period resulted in reduced payment activity
- Historical payment processing operations were temporarily disrupted during upgrade
Advance Executive Sales Implements AI-Driven Expanded Payment Platform with Plans to Expand Fintech Reach
RENO, Nev., July 25, 2025 (GLOBE NEWSWIRE) -- Neon Bloom, Inc. (OTC: NBCO), announced today that all of its payment processing platforms, developed and driven by its wholly owned subsidiary, Advance Executive Sales, are now back online following the successful integration of a new innovative AI-driven backend software package.
According to the company, the new platform is now using multi-factor authentication and advanced artificial intelligence technology to reduce fraud, increase capacity, and effectively manage vendor redundancy and charge-backs, which the company believes will increase its customer base and expand into other areas of the fintech industry.
In a statement today, Greg Bauer, Chief Executive Officer of Neon Bloom, praised Moody Hashem, Chief Executive Officer of WinGen, for his role in this transition, saying, “Moody guided our team in leveraging AI to expand our capabilities. The integration of this technology, a new artificial intelligence-driven backend software, represents a significant leap forward for us; it will give us the ability to improve our service delivery, to reduce fraud and chargebacks, and overall streamline operations and allow us to tap into new vertical markets that were previously challenging.”
Commenting on the platform upgrade and redesign, Fred Luke, Secretary and Director of Neon Bloom, said, “This long three-month-long development period to implement these upgrades, the multi-factor authentication, and integration of AI into all of our platforms, was a real struggle and caused us to reduce our payment activity. But now, with all the development and integration behind us, we should be able to not only return to our historical year-over-year growth rate but improve on it with significantly increased revenue and reduced costs. By 4th quarter, the coming quarters will be strong as well.”
About Neon Bloom:
Neon Bloom Inc. is a diversified enterprise group currently developing new AI-driven technologies, technologically improved financial services, and other emerging businesses with high growth potential and other cross-industry segment synergistic qualities. The Company’s primary focus within the financial services industry is the financial transaction processing sector – excluding central bank-related transactions - including reserve and liquidity, check, or other financial instrument clearinghouse services. Through its wholly owned subsidiary, Advanced Executive Sales (AES), the Company is a rapidly growing provider of e-commerce and point-of-sale transaction software solutions for various industries. The Company shifted its primary focus to the financial services sector in 2024, where it expects to grow revenue and net asset value through organic growth and additional acquisitions utilizing shares of its common stock, non-convertible promissory performance-based notes, and cash as available.
Advanced Executive Sales LLC:
AES is a rapidly growing, leading provider of e-commerce and point-of-sale transaction solutions, enabling secure interactions between merchants and customers for various industries. With its payment processing platform, it is a certified partner with WinGen LLC and ongoing development group YNLO Ultratech, and we have over 130 e-commerce sites currently under contract. Looking forward, AES plans to continue to expand into new verticals by acquiring other financial service-related companies with payment processing technology that will complement what AES presently utilizes.
CONTACT: Shareholder Relations
EMAIL: admin@advancedexecutivesales.com
WEBSITE: www.advancedexecutivesales.com
TELEPHONE: 1 888-411-5350
Forward-Looking Statements:
This press release includes "forward-looking statements" that involve risks and uncertainties. These statements are all other than statements of historical facts that address activities, events, or developments that we expect or anticipate will or may occur in the future, including the future. Capital expenditures (including the amount and nature thereof), business strategy and measures to implement strategy, competitive strength, goals, expansion and growth of our business and operations, plans, references to future success, intentions as to future matters, and other such matters are forward-looking statements. In some cases, you can identify forward-looking statements by terminology such as "may," "will," "should," "expects," "plans," "anticipates," "believes," "estimates," "predicts," "potential," or "continue," or the negative of such terms or other comparable terminology. These statements are only predictions. Actual events or results may differ materially. These statements are based upon certain assumptions and analyses made by us considering our experience and our perception of historical trends, current conditions, expected future developments, and other factors that we believe are appropriate in the circumstances. However, whether actual results and developments will conform to our expectations and predictions is subject to several risks, uncertainties, and other factors, many of which are beyond our control. Although we believe the expectations reflected in the forward-looking statements are reasonable, we cannot guarantee future results, activity levels, performance, or achievements. Moreover, we do not assume responsibility for the accuracy and completeness of such forward-looking statements. We are under no duty to update any of the forward-looking statements after the date of this release to confirm such statements to actual results.
FAQ
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