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Launch of CellPoint Digital to realise the full potential of travel companies’ digital channels

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CellPoint Mobile, a leading provider of digital commerce and payment solutions for airlines and other travel companies, rebranded today as CellPoint Digital with a new website and products designed to revolutionise the way travel merchants promote and sell, get paid and leverage their data across all digital channels.

Kristian Gjerding, co-founder and CEO of CellPoint Mobile and now CEO of CellPoint Digital, explains: “I am very excited to unveil our new brand, which captures our ambition and capability as both fintech and traveltech specialists. We started out with a radical, mobile-first solution. Now, after several years of sustained growth, we can see the next step-change for travel companies is an integrated digital strategy based on real time data and seamless flow between mobile, web, live chat and app. CellPoint Digital’s unique platforms will drive this step-change. We will simplify and optimise our clients’ entire digital business, generating a dramatic uplift in revenue.”

The majority of travellers now use multiple devices along their customer journey. They want an easy and frictionless experience at every stage, from booking to payment, whatever device they are using.  CellPoint Digital offers two genuinely omni-channel travel platforms that enable travel merchants to free themselves from the legacy constraints that have kept mobile apps, web-based apps, helplines and websites separate, often in inefficient siloes.

“A seamless user experience in all digital channels is vital,” says Stephane Druet, SVP Head of Marketing and Product Strategy at CellPoint Digital. “But even more important is what happens behind the scenes: the cross-channel unification that allows total visibility of all customer data. This allows data-driven optimisation of every transaction, which leads in turn to higher conversion rates, faster speed to market and ultimately stronger digital revenue growth for travel merchants. A true omni-channel platform will revolutionise the way travel merchants operate and thrive.”

The company’s new website www.cellpointdigital.com showcases the two modular omni-channel platforms that CellPoint Digital offers:

Velocity, the Payment Control Platform, liberates the travel merchant’s payment strategy by accelerating the deployment of new payment methods. It eliminates payment friction, optimises the routing of each transaction and maximises payment acceptance rates. Velocity gives access to an expanding payment eco-system of 350+ payment partners.

Voyage, the Full Digital Platform, is a comprehensive platform that manages promotions, sales, payments and customer self-service across all digital channels. It maximises conversion rates and cross-selling at every customer touchpoint, boosting revenue in all channels. Voyage gives access to both the CellPoint Digital payment eco-system and a growing travel marketplace.

Velocity and Voyage platforms are immediately available for airlines and other travel merchants. Customers include Emirates, Ethiopian Airlines, Southwest Airlines, Philippine Airlines, Malindo Air, Saudi Gulf Airlines and Sunrise Airways, as well as rail, mass transit and taxi operators across the globe.

To speak with Kristian Gjerding, CEO and Head of Strategic Execution or Stephane Druet, SVP and Head of Marketing and Product Strategy, please contact Vanessa Horwell at vhorwell@cellpointdigital.com.

 

SOURCE CellPoint Digital

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Broadridge Brings Together Wealth Business Under Michael Alexander

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Broadridge Financial Solutions, Inc. (NYSE: BR), a global Fintech leader and part of the S&P 500® Index, today announced that Michael Alexander has been appointed President, Wealth Management. In this newly created position, he will be responsible for bringing together Broadridge’s Wealth solutions into an integrated, market-leading Wealth Management business that will uniquely address Wealth Management firms’ need to transform their technology and business models. Mr. Alexander will report directly to Tom Carey, President of Global Technology and Operations.

“Mike is a recognized leader in the financial services industry and has a passion for creating leading-edge, SaaS-based wealth management solutions,” said Mr. Carey. “Mike will drive Broadridge’s efforts to enhance the advisor and client experience through a single platform that will be a foundation for the industry.”

As President of Broadridge’s Wealth Management business, Mr. Alexander will take leadership of the Broadridge Wealth Platform, the next-generation open platform that is creating a modern, best-in-class industry-level wealth management technology solution. This platform, which is at the center of a recently announced sale to UBS, enables wealth managers to drive their business to the next level while mutualizing investments in technology, innovation and security. With the Broadridge Wealth Platform, firms will be able to deploy an integrated front-, middle-, and back-office solution that optimizes Financial Advisor productivity, creates a richer client experience and digitizes enterprise-wide operationsBroadridge Wealth Management also offers market-leading component solutions for Advisor Websites, Data Aggregation, Performance Reporting, Corporate Actions, and back- and middle-office Managed Services, among others.

Since joining Broadridge in 2006, Mr. Alexander has taken on roles of increasing responsibility in both technology platforms and managed services. In these roles, he has led numerous complex client engagements and successful acquisitions.

Prior to joining Broadridge, Mr. Alexander was Senior Vice President of Operations at Charles Schwab. He is a member of the SIFMA Operations and Technology Steering Committee.

 

SOURCE Broadridge Financial Solutions, Inc.

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Bajaj Housing Finance Limited Bags the BFSI Digital Innovation Awards 2020 for Cloud Solutions

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Bajaj Housing Finance Limited (BHFL), a 100% subsidiary of Bajaj Finance Limited, has won the ‘BFSI Digital Innovation Award’ for Cloud Solutions at the recently held Express BFSI Technology Conclave and Awards 2020.

Organised by the Express Computer, an IT business magazine from the Indian Express Group, the BFSI Technology Conclave and Awards, is one of the largest congregation of IT decision-makers, senior executives and partners in India. The event, held in Pune from January 24th-25th, 2020 witnessed the best from the BFSI sector participate as speakers and share their views on the way ahead for one of the biggest financial markets in the world.

The conclave ended with the BFSI Digital Innovation Awards which were given away to Indian Banks or Indian subsidiaries of MNC BFSI institutions in the BFSI industry that demonstrate the innovative use of a particular technology or a combination of technologies for distinct business benefit. There were 13 distinct categories – like Big Data, Enterprise Mobility, Data Center, Cloud, Artificial Intelligence, Enterprise Security, Blockchain and Enterprise Application among others.

The participants were judged on their effectiveness of deploying a completely new solution or innovative use of existing technology to gain a competitive edge, improve operations, become more responsive to customers and partners or, simply, to add to the top or bottom line.

Sharing his delight at the occasion of winning the award for excellence in Cloud, Atul Jain, Chief Executive Officer- Bajaj Housing Finance Limited said, “It is indeed a proud moment for all of us at BHFL and would like to congratulate the entire team for helping us achieve this prestigious recognition at the Express BFSI Digital Innovation Awards 2020. Since inception, our core mission has always revolved around providing the best experience for our customers through innovation and customer engagement.”

 

SOURCE Bajaj Housing Finance Limited

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LiteLink Technologies Subsidiary uBUCK Technologies Completes Second Tranche of Private Placement to Fuel Growth

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LiteLink Technologies Inc. (“LiteLink”) (CSE:LLT)(OTC:LLNKF)(FRA:C0B), a key player in logistics platforms and payment solutions, is pleased to announce that its subsidiary uBUCK Technologies SEZC (“uBUCK”) has closed the second tranche of a non-brokered, non-dilutive private placement previously announced on September 23, 2019.

Under the second tranche, uBUCK issued 1,000,000 preferred shares at a price of US$0.50 per share for gross proceeds of US$500,000. Under the terms of the offering, uBUCK expects an additional minimum investment of US$1,500,000 will be made in exchange for 3,000,000 preferred shares at a price of US$0.50 per share by June 30, 2020.  The investor will also have the option to invest an additional US$2,500,000 for a total of 8,000,000 preferred shares at a price of US$0.50 per share by September 30, 2021.

Along with the first tranche closing announced September 30, 2019, uBUCK has now raised a total of US$900,000.

uBUCK intends to use the gross proceeds of the private placement to complete the development of the uBUCK and Streambucks digital wallets, accelerate growth, increase customer acquisitions, and conduct additional product testing.

Because the private placement was made directly into a subsidiary of LiteLink, it is non-dilutive to LiteLink shareholders. The transaction is subject to all necessary regulatory and stock exchange approval.

The preferred shares come with first rights to dividends of 6% (of the amount invested) and first claims to assets up to the investment in case of liquidation. Upon closing of this tranche, the investor will own 3.6% of uBUCK.

 

SOURCE LiteLink Technologies Inc.

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