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MondayJul 01, 2019 2:27 pm

QualityStocksNewsBreaks – Net Element, Inc. (NASDAQ: NETE) Adds Proprietary, AI-Powered Underwriting Solution to Suite of Offerings

Net Element (NASDAQ: NETE), a worldwide technology and value-added solutions group, recently launched Blade, its proprietary, fully automated underwriting solution with predictive scoring powered by artificial intelligence (“AI”) (http://ibn.fm/rT3r4). An article discussing the company reads, “Blade is developed for underwriting and onboarding new merchants. The use of such an AI-powered solution brings down potential risks and decision-making time while also enhancing customer experience. The system compiles and analyzes data gathered and assessed based on preset parameters using proprietary algorithms. Additionally, Blade is a smart system that constantly adapts, improving the artificial intelligence mechanism that powers the solution. . . .…

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FridayJun 21, 2019 9:12 am

QualityStocksNewsBreaks – Net Element, Inc.’s (NASDAQ: NETE) Aptito to Begin Accepting Cryptocurrency Payments in July

Net Element (NASDAQ: NETE), a worldwide technology and value-added solutions group, on Thursday announced that Aptito, the company’s cloud-based, restaurant and retail point-of-sale solution, will capitalize on the growing trend of cryptocurrency by processing cryptocurrency payments. Beginning July 1, 2019, Aptito merchants will be able to accept all major cryptocurrencies through the Netevia Gateway. “We are excited to launch cryptocurrency payment acceptance for Aptito’s clients through our proprietary Netevia Gateway,” Net Element chief technology officer Andrey Krotov stated in the news release. “Our scalable and future-ready platforms are on the-cutting-edge of global alternative payment trends.” To view the full press…

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ThursdayJun 13, 2019 10:56 am

Net Element Inc. (NASDAQ: NETE) Launches Artificial Intelligence-Based Underwriting Solution

Blade is a brand new, artificial intelligence-powered underwriting and merchant onboarding solution Due to the learning capabilities of AI software, the new solution will gradually become more effective, reducing decision-making time and bringing down the risk of errors Demand for artificial intelligence products for use in corporate environments is anticipated to grow rapidly, with financial service companies expected to spend over $11 billion on such products in 2020 Global technology and value-added solutions group Net Element Inc. (NASDAQ: NETE) is launching Blade – an artificial intelligence-based, fully-automated underwriting solution with predictive scoring, a company announcement noted (http://ibn.fm/rT3r4). Blade is developed for…

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MondayJun 03, 2019 2:01 pm

QualityStocksNewsBreaks – Net Element, Inc. (NASDAQ: NETE) Launches Proprietary, AI-Powered Underwriting Solution with Predictive Scoring

Global technology and value-added solutions group Net Element (NASDAQ: NETE) today announced that it has launched Blade, its proprietary, fully-automated underwriting solution with predictive scoring powered by artificial intelligence (“AI”). Per the update, Blade is a software designed to reduce potential risks and decision-making time for the underwriting and on-boarding of new merchants while improving the customer experience. The system works by using proprietary algorithms to compile and analyze data points that are automatically evaluated in accordance with pre-set and dynamic parameters. “AI and machine learning are quickly becoming valuable tools for decision making in the payments ecosystem, particularly in…

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ThursdayMay 16, 2019 10:27 am

QualityStocksNewsBreaks – Net Element, Inc. (NASDAQ: NETE) Reports Q1 2019 Financial Results, Provides Business Update

Global technology and value-added solutions group Net Element (NASDAQ: NETE) on Wednesday released its financial results for the first quarter ended March 31, 2019 and provided a business update. Net Element also hosted a conference call and webcast on May 16, 2019 to discuss first quarter 2019 financial results and business highlights, and a recorded replay of the webcast is available on the company’s website. “We are pleased with our first quarter results and ongoing progress our team has made to improve gross margins through use of scalable infrastructure and penetration of value-added technologies,” Net Element CEO Oleg Firer said…

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FridayMay 10, 2019 3:28 pm

QualityStocksNewsBreaks – Net Element Inc. (NASDAQ: NETE) Subsidiary Enters Partnership with HP Inc. (NYSE: HPQ)

Net Element (NASDAQ: NETE), a global technology and value-added solutions group, recently announced that its Aptito subsidiary has entered into a strategic partnership with HP Inc. (NYSE: HPQ) for sales and support of its line of Android-based point-of-sale (“POS”) devices. (http://ibn.fm/EEZle). An article discussing the company reads, “Under the terms of the agreement, Aptito will provide its restaurant management SaaS alongside the HP point-of-sale solutions. The collaboration primarily addresses the needs of small- and medium-sized businesses (“SMBs”) that are looking for competitively priced, cutting-edge technologies. . . . Aptito’s technology, backed by the HP global sales, will aim to deliver a…

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WednesdayMay 08, 2019 12:25 pm

Net Element Inc. (NASDAQ: NETE) Subsidiary Aptito Announces Sales and Support Partnership with HP Inc.

A strategic partnership with HP will enable Aptito to benefit from the tech giant’s massive global sales to deliver a full set of point-of-sale tools to small- and medium-sized clients The sales and support partnership will focus on a line of Android-based point-of-sale devices to enable access to affordable, cutting-edge payment technologies The innovative payment solutions market is anticipated to continue growing rapidly in 2019 and beyond, providing companies like Aptito with sustainable expansion opportunities Global technology and value-added solutions group Net Element Inc. (NASDAQ: NETE) subsidiary Aptito will be entering into a sales and support partnership with HP Inc.…

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TuesdayApr 30, 2019 1:02 pm

QualityStocksNewsBreaks – Net Element, Inc. (NASDAQ: NETE) Subsidiary Collaborating with HP Inc. to Provide Cutting-Edge Solutions for SMB Market

Global technology and value-added solutions group Net Element (NASDAQ: NETE) today announced the entry into a channel partner agreement between its Aptito subsidiary with HP Inc. for sales and support of its line of Android-based POS devices. Under the agreement, Aptito will provide its restaurant management software-as-a-service (“SaaS”) alongside HP’s POS solutions. The collaboration will offer small and mid-sized businesses (“SMBs”) cutting-edge technology and competitively priced value-added services backed by HP’s global sales, support and Android-based IPOS solutions that incorporate a full suite of tools to enhance selling and mobile transactions. “We are excited to work with HP to deliver…

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WednesdayApr 24, 2019 2:23 pm

QualityStocksNewsBreaks – Net Element Inc.’s (NASDAQ: NETE) North American Transaction Solutions Segment Drives Noteworthy Revenue Growth

Net Element (NASDAQ: NETE), a global technology and value-added solutions group, recently reported substantial financial growth in 2018. A recent article discussing the company reads, “The company’s revenue over the year went up to $65.8 million, marking an increase of 10 percent on an annual basis. Growth through the company’s North American transaction solutions segment was the primary driver for the strong results, as the company’s management announced in an earnings conference call on April 2, 2019 (http://ibn.fm/ZfEls). . . . The North American transaction solutions segment experienced annual growth of 16 percent in 2018. The United States accounted for 90 percent…

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FridayApr 12, 2019 11:02 am

Net Element Inc. (NASDAQ: NETE) Revenues Grow in 2018, Total Processing Volume Also Goes Up

Sustainable growth in revenue mainly stemmed from the North American transaction solutions segment The total processing volume also grew to reach $3.3 billion, most of which was covered by North America Net Element subsidiaries like Aptito have been contributing to the U.S. market growth with the provision of cost-efficient, tailored and innovative niche services Net Element Inc. (NASDAQ: NETE) recently announced solid financial growth in 2018. The company’s revenue over the year went up to $65.8 million, marking an increase of 10 percent on an annual basis. Growth through the company’s North American transaction solutions segment was the primary driver…

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