Mobile FinTech Provider Digiliti Money (DGLT) Ringing NASDAQ Closing Bell May 8th

Minneapolis, MN based Digiliti Money (NasdaqCM: DGLT) is a leading cloud-based, SaaS technology provider serving the financial services industry with mobile money and remote deposit capture solutions for PC, Mac and mobile. Founded in early 2010 as Cachet Financial Solutions, Digiliti Money has quickly grown into a technology leader and trusted partner of some of the world’s largest and most respected financial organizations i.e U.S. Navy Federal Credit Union, US Bank, MasterCard and Visa. The company’s industry-leading solutions help clients to increase customer engagement, grow revenues and gain competitive advantage. Digiliti Money’s cloud-based technology platform simplifies development, deployment and servicing of consumer and commercial solutions—minimizing cost and accelerating speed-to-market and ROI. Enabled by Digiliti Money’s complete suite of business and consumer solutions, financial institutions can better serve the needs of all their customers. With significant growth, an impressive client base and award-winning technologies, Digiliti Money continues to drive innovation and deliver world-class solutions to financial institutions of all sizes. Digiliti Money has sold more than 900 products to over 600 leading financial services organizations over its history.

Digiliti Money announced today that they will ring the Closing Bell at the NASDAQ Stock Market on Monday, May 8, 2017, to celebrate the company’s rebranding, recent strategic accomplishments, successful capital raise and uplisting onto the NASDAQ Capital Market in March 2017. I, John Heerdink, will be attending this ceremony and I am very excited about this next phase that Digiliti Money is moving into as a publicly traded Nasdaq company and where the company is targeting to head in the years to come. The company recently rebranded as Digiliti Money in April 2017 to better reflect the company’s evolution as a mobile money technology leader capitalizing on multi-billion-dollar end markets.

Digiliti Money Chairman and CEO Jeffrey Mack stated, “Capping off what has been a successful start to 2017, this ceremony represents the culmination of all our efforts during the past year to reinvigorate our brand, strengthen our business financially, and increase our exposure to institutional and retail investors. Digiliti Money is leading the transformation of mobile financial services and has solidified its place among the preeminent financial technology providers that are enabling the swift and seamless movement of money. With our recently enhanced equity profile and balance sheet, we are in a prime position to accelerate our expansion within the massive prepaid market and scale our business to drive profitability for our shareholders.”

Digiliti Money (DGLT) will hold a conference call on Thursday, May 11, 2017, at 4:30 p.m. Eastern time (3:30 p.m. Central time) to discuss financial results for the first quarter ended March 31, 2017. Financial results will be issued in a press release prior to the call. Digiliti Money’s President and CEO Jeffrey Mack and EVP and CFO Bryan Meier will host the presentation, followed by a question and answer period. To participate please dial U.S. dial-in: 1-877-705-6003, International dial-in: 1-201-493-6725.

Recently, Digiliti Money, Inc. (NasdaqCM: DGLT) was selected as the mobile banking platform for New Jersey-based Garden Savings Federal Credit Union. The Select Mobile Money-Express (SMM-X) platform features a reloadable prepaid card, the Select Mobile Money Prepaid MasterCard®, which Garden Savings will offer its 25,000 members throughout New Jersey. The Select Mobile Money Prepaid MasterCard is issued by Central Bank of Kansas City (CBKC), Member FDIC, under license from MasterCard International Incorporated.

Digiliti Money’s award-winning Select Mobile Money is a cloud-based SaaS platform that enables financial institutions to offer their prepaid cardholders a full suite of convenient financial services in one easy-to-use mobile app. Available on iOS and Android systems, the platform can be integrated with existing card programs or used to develop a new prepaid card program, complete with a feature-rich mobile app and branded general purpose reloadable prepaid card. Powerful back-end analytics enable financial institutions to segment customers based on behavior and send relevant marketing notifications that keep customers engaged.

Digiliti Money’s Select Mobile Money prepaid mobile platform has also been selected as a 2017 Paybefore Pay Award winner for Outstanding White-Label Platform. Paybefore’s annual Pay Awards—which receives entries from around the world—is the most prestigious recognition of excellence in the global prepaid and payments technology industry. Select Mobile Money will now vie for Best-in-Category distinction, which will be featured in Paybefore’s second annual Pay Magazine – Awards issue. Visitors to Paybefore.com will have a chance to vote for Best-in-Category designation through May 31st, 2017. The outcome of this vote will be combined with the judging panel’s picks to determine Best-in-Category honorees.

Please visit the Vista Partners Coverage Page on Digiliti Money, Inc. (NasdaqCM: DGLT) to stay up to date and to learn more about developments in fintech and this specific issuer.

Vista Partners new Weekly Market Update includes a quick overview & results of the markets for the week written by Managing Director John F. Heerdink, Jr. and news & trending videos regarding our expanded coverage universe that includes all components of the Dow30 and A Select Group of Emerging Growth Companies. The Weekly Market Update is targeted to be published on the Vista Partners website and emailed out to all registered by 8am pacific every Saturday. Please take a few seconds to register to receive this free publication directly to your email.

 




FinTech Provider Digiliti Money (DGLT) Schedules Q1 Earnings Call On May 11

Minneapolis, MN based Digiliti Money (NasdaqCM: DGLT) is a leading cloud-based, SaaS technology provider serving the financial services industry with mobile money and remote deposit capture solutions for PC, Mac and mobile. Founded in early 2010 as Cachet Financial Solutions, Digiliti Money has quickly grown into a technology leader and trusted partner of some of the world’s largest and most respected financial organizations. With remarkable growth, an impressive client base and award-winning technologies, Digiliti Money continues to drive innovation and deliver world-class solutions to financial institutions of all sizes.

The company’s industry-leading solutions help clients to increase customer engagement, grow revenues and gain competitive advantage. Digiliti Money’s cloud-based technology platform simplifies development, deployment and servicing of consumer and commercial solutions—minimizing cost and accelerating speed-to-market and ROI. Enabled by Digiliti Money’s complete suite of business and consumer solutions, financial institutions can better serve the needs of all their customers. For more information, please visit the Company Dedicated Page at the Vista Partners website.

Digiliti Money (DGLT) announced today that it will hold a conference call on Thursday, May 11, 2017, at 4:30 p.m. Eastern time (3:30 p.m. Central time) to discuss financial results for the first quarter ended March 31, 2017. Financial results will be issued in a press release prior to the call. Digiliti Money’s President and CEO Jeffrey Mack and EVP and CFO Bryan Meier will host the presentation, followed by a question and answer period. To participate please dial U.S. dial-in: 1-877-705-6003, International dial-in: 1-201-493-6725.

Recently, Digiliti Money, Inc. (NasdaqCM: DGLT) announced that it was selected as the mobile banking platform for New Jersey-based Garden Savings Federal Credit Union. The Select Mobile Money-Express (SMM-X) platform features a reloadable prepaid card, the Select Mobile Money Prepaid MasterCard®, which Garden Savings will offer its 25,000 members throughout New Jersey. The Select Mobile Money Prepaid MasterCard is issued by Central Bank of Kansas City (CBKC), Member FDIC, under license from MasterCard International Incorporated. Read the full article by selecting the link here.

 

 

 




Tipping the IceBerg in Fintech and Payments

We truly seem to be tipping the proverbial iceberg when it comes to fintech and payments globally. Innovation for mobile and online commerce sees to be continuing to drive this rapidly changing landscape. In fact, eMarketer “estimates sales will top $27 trillion in 2020” which is further driving this push. With companies like Paypal, Visa and small companies like Cachet Financial Solutions (CAFN) & Varo pushing the fintech charge, it will truly be interesting to see how it all plays out, but do expect change as the one true constant.

How Fintech and Payments Innovations Will Disrupt Global Ecommerce

The safe movement of money across borders is having a revolutionary effect on how and where businesses operate…

www.entrepreneur.com

Read Full Article



JPMorgan Getting Further Automated

JPMorgan continues to find ways to streamline and automate to further increase its abilities to compete in this ever changing world. A new software program called COIN is making the process of interpreting commercial loan agreements significantly more efficient for them.

This software does in seconds what took lawyers 360,000 hours

At JPMorgan, a learning machine is parsing financial deals that once kept legal teams busy for thousands of hours. The program, called COIN, for Contract Intelligence, does the mind-numbing job of interpreting commercial-loan agreements that, until the project went online in June, consumed 360,000 hours of lawyers? time annually. The software reviews documents in seconds, is less error-prone and never asks for vacation…

www.independent.co.uk

Read Full Article



The Beginning of the FinTech Revolution

FinTech offers investors a unique opportunity. Large financial institutions have initially been resistant to technological change, but this is to be expected. Being highly regulated, the financial industry is naturally highly conservative. Change happens slowly. However, the marketplace is becoming a place where traditional financial institutions can’t compete. The majority is using their smartphone and online sources for their financial needs. Millennials are growing up without ever writing a check, or conducting a transaction inside a bank.

FinTech will inevitably be a driving force in the future of the financial industry and should be highly considered when pulling together a portfolio. Check out this article for a more in depth look.

3 Reasons FinTech Is Thriving

Technology is transforming finance. The established, cautious institutions will indeed change how they do things. It cannot help but happen. FinTech firms are innovative, daring, and increasingly successful. They are thriving, and they represent the future of finance…

www.forbes.com

Read Full Article



Mobile Deposits Rule!

Celent expects 62 million Americans will be using the mobile deposit offerings at 4,000 banks and credit unions by the end of this year.

Blog :: A Mobile Deposit Solution Expressly for Small Banks & Credit Unions :: Cachet Financial Solutions

..

www.cachetfinancial.com

Read Full Article



Blockchain Progressing In 2017

Good read looking at developments in blockchain and fintech in 2017!

How Blockchain Will Evolve In 2017

This year promises to be a big one for blockchain technology…

www.forbes.com

Read Full Article



Machine Learning, AI and the Future of Data Analytics in Banking

Here’s why banks and credit unions should believe in artificial intelligence and invest in the power of advanced data analytics.Read Full Article

Banks & Credit Unions definitely need to take notice of AI and further implement fintech in all facets of their business!




Nasdaq plans venture arm to invest in financial technology: sources| Article [AMP]| Reuters

This move by Nasdaq to create a venture arm focused on fintech seems to be a logical evolution given their current work supporting many companies in the space.




Visa USA | Visa Everywhere | Innovation | Visa and IBM bring commerce to IoT

Visa USA | Visa and IBM collaborate to bring digital payments to the Internet of Things with connected devices, from appliances to cars.Read Full Article

It is amazing to speculate on what our future beholds with regard to digital payments and the Internet of Things (IOT)