SmallCapVoice.com Inc. (“SCV”) announces the availability of a new interview with Chris Jackson, CEO of CyberloQ Technologies Inc.
Speaking with SCV’s Stuart Smith, Chris Jackson, CyberloQ Technologies, Inc. CEO details the motivation behind CyberloQ’s exciting collaboration with Pannovate, Mr. Jackson discusses the natural fit between the Banking and Card Program services that Pannovate offers, as well as its well-established European/Asain customer base while coinciding with CyberloQ’s robust, leading-edge multi-factor authentication (MFA) platform.
“Pannovate is a unique company. They’re essentially a bank in a box, or a BaaS model – Banking as a Service,” stated Mr. Jackson. “Their expertise and innovation allow them to create turn-key product solutions for existing banks, also to create new and emerging card programs for those banks. Emerging Banks are looking to go to market quickly, and more importantly, cost effectively. There are great synergies between our two companies which operate in the global e-commerce market. It’s currently a $5 trillion dollar market right now.” Positioning both companies to reduce FRAUD, which is expected to eclipse $130 billion by 2023.
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Jackson points out how Pannovate gives CyberloQ direct access to existing card networks. Now, CyberloQ can more easily achieve market penetration by working with an established vendor in the banking ecosystem.
Mr. Jackson also briefly discusses the Companies branding efforts, new web portal update, their internal infrastructure build that encompasses “Kafka” as their main support mechanism, this allows them to scale at infinite levels as the Company grows. Kafka is widely used among the world’s largest enterprises to transmit trillions of data points on a daily basis.
In conclusion, Mr. Jackson discusses the upcoming podcast scheduled with Mr. Joe Lind, Advisory Board Member and head of domestic Credit Union and Banking relations. Our relationship with Pannovate has global implications for both companies, our collaboration will bring CyberloQ to the EU and Asia, and subsequently bring Pannovate here to the U.S market.
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