Paperclip Stock Price, News & Analysis

Paperclip, Inc. (PCPJ) has partnered with TLA Innovation, Inc. to integrate its SAFE searchable encryption technology into TLA’s BoomID Mobile application. This collaboration aims to enhance data security and user experience by providing encrypted and easily accessible personal identity management solutions.

The integration of SAFE is expected to exceed compliance requirements and elevate BoomID Mobile’s competitive edge. TLA plans to launch the app later this year, incorporating advanced biometric and AI methods to protect user identities against fraud. Chad Walter, Chief Revenue Officer at Paperclip, emphasized the importance of this integration in enabling users to securely manage their verified records. Paperclip continues to innovate in data security, serving Fortune 1,000 companies globally.

Paperclip, Inc. (OTCMKTS:PCPJ) announced that its solutions—SAFE®, Internet eXpress, and Virtual Client Folder (VCF)—were recognized in the T3 Inside Information Advisor Software Survey for their growing market share. The survey, involving feedback from over 3,300 advisors, acknowledged Paperclip's SAFE® for its revolutionary encryption-in-use technology, which ensures data security even during use. Notably, SAFE's market share increased by 150%. This recognition underscores Paperclip's commitment to enhancing cybersecurity for financial advisors, a sector that is still lagging in this area. The findings were shared at the T3 Technology Tools for Today Conference in Tampa.

Paperclip, Inc. (OTCMKTS:PCPJ) announced its innovative e-signature solution, eM4 Proof of Agreement, on March 14, 2023. This product aims to offer businesses a simpler and more secure alternative to existing e-sign solutions. The global e-signature market is projected to grow from over $5 billion in 2022 to more than $25 billion by 2026. eM4 POA supports 18 file formats and enhances security through multi-factor authentication. It integrates seamlessly with Paperclip's Virtual Client Folder, allowing users efficient document management. The solution is designed for cost-effectiveness and user-friendliness, addressing key user pain points in e-signing.

Paperclip, Inc. (OTCMKTS:PCPJ) has appointed Megan Brandow as the new marketing leader to enhance its product offerings, including the recently launched Paperclip SAFE®, a searchable encryption solution.

Brandow has extensive experience in marketing within the cybersecurity sector, previously serving as Director of Marketing at IGI, where she supported significant brand transformation.

Additionally, Paperclip has teamed up with Bluetext, a marketing agency specializing in cybersecurity, to advance its marketing strategies. The company aims to introduce more technologies in 2023, continuing its focus on secure document management.

Paperclip, Inc. (OTCMKTS:PCPJ) has significantly enhanced the efficiency of The Brokerage Inc. during the Medicare enrollment period using its Mojo® service. Mojo processed around 12,000 applications in just 3 business days, a task that typically takes months. This innovative technology combines machine learning and human intelligence, achieving a 99.9% accuracy rate in transcribing and processing data. The Brokerage's COO noted that Mojo has streamlined operations, allowing their team to focus more on case management and customer service. The service optimizes both paper and electronic application processing, ensuring every submission is tracked and managed effectively.

Paperclip, Inc. (PCPJ) recently recognized the winners of the 2022-2023 Collegiate Penetration Testing Competition (CPTC) held at Rochester Institute of Technology. The event showcased top cybersecurity students, with first-place going to California State Polytechnic University Pomona. This year's competition highlighted the urgent need for skilled cybersecurity professionals, as teams competed from multiple regions globally. Paperclip aims to support and strengthen cybersecurity through initiatives like the launch of Paperclip SAFE, which focuses on preventing data theft and ransomware attacks using advanced encryption technology.

Paperclip, Inc. (OTCMKTS: PCPJ) announced that its client, Shields Brokerage, successfully completed the Medicare enrollment period without any data backlogs, leveraging the Paperclip Mojo® service. This innovative technology utilizes machine learning combined with human input to enhance data entry accuracy and efficiency. By adopting Mojo, Shields Brokerage was able to free up resources to better serve its brokers during a critical enrollment period. The service achieves 99% accuracy and seamlessly integrates with agency management systems, significantly improving operational workflows.

Paperclip, Inc. (OTCMKTS: PCPJ) has announced its sponsorship of the Financial Services Institute (FSI) OneVoice 2023 Conference. Chad F. Walter, the company’s Chief Revenue Officer, will speak on a cybersecurity panel on January 24 in Palm Desert, CA. The panel will focus on cybersecurity strategies in financial services, addressing whether firms should build solutions in-house, outsource, or adopt a hybrid model. Paperclip's SAFE solution was launched in September 2022, designed to enhance data security and prevent breaches. This event underscores Paperclip’s commitment to cybersecurity in the finance industry.

Paperclip, Inc. congratulates 15 colleges and universities for advancing to the final competition of the 2022-2023 Collegiate PenTesting Competition (CPTC), taking place at Rochester Institute of Technology from Jan. 13-15, 2023. The CPTC showcases cybersecurity talent, where students apply their skills in real-world scenarios. Paperclip also recently launched Paperclip SAFE, a solution aimed at preventing data theft and ransomware attacks, enhancing data security for enterprises. This sponsorship highlights Paperclip's commitment to cybersecurity education and industry collaboration.