The financial tech, or “fintech,” phenomenon is changing the landscape of financial services. Traditional ways of providing financial services such as making payments, accepting deposits, and lending and risk management are being abandoned as new channels, made possible by digital technology, are opened up.
Technological innovation hasn’t just given rise to a new type of institution, the fintech, but has affected the culture of establishment institutions. In a conversation (http://dtn.fm/egT2M) with Michael Bloomberg, founder and majority owner of Bloomberg LP, Goldman Sachs (NYSE: GS) chairman and CEO Lloyd Blankfein acknowledged that, “Goldman Sachs is a technology firm.” The same sentiment was expressed in JPMorgan Chase’s latest Annual Report, in which the bank’s COO, Matt Zames, proclaims, “We are a technology company.”
So too is Alternet Systems, Inc. (OTC: ALYI), a company whose mission is to provide innovative solutions that facilitate and expedite commerce by enhancing customer experience and improving efficiency.
To do so, Alternet has transformed itself into an accelerator of high growth, emerging companies in the multi-channel payments, point-of-sale and data analytics fields. In April 2015, the company signed an agreement with R4 Technologies, LLC to market and promote R4’s purpose-built cloud platform for micro-segment data, insight and engagement to help brands leverage data and automate yield optimization. Alternet will collaborate with R4 across Latin America and the Caribbean. In May 2015, Alternet signed a commercial distribution software reseller agreement with Brazil-based APPI Tecnologia S/A. As a leading IT company, APPI specializes in the integration and development of technical solutions and software for the electronic transaction payment industry. Alternet will promote APPI’s unique, innovative, and efficient solutions in the United States, Canada and the Caribbean.
Alternet intends to deliver technology solutions to financial organizations that manage a wide range of payment channels, including development engines that extend the capabilities of processing across all capture devices. These include point-of-sale (POS), mobile phones, tablets, PCs and web-based applications. These solutions deliver channel specific abilities. Alternet will collaborate with leading manufacturers to deliver solutions that meet the needs of device and channel management. Growing demand from mobile point-of-sale terminals, along with increased emphasis on advanced analytics features, are significant factors for the growing demand for software in the point-of-sale terminals market.
Leading Alternet into the future is company chairman and CEO Henryk Dabrowski. Dabrowski has more than 25 years of experience creating, leading and successfully harvesting information technology and telecom ventures on a global basis. Over the last 10 years he has actively invested in both public and privately held companies. He has extensive experience in emerging financial transactions platforms, including mobile wallets, convergent payments schemes, network file systems (NFS), stored value and prepaid services. From October 2009 to March 2014, Dabrowski was chairman and CEO of Utiba Americas, a leading developer of mobile financial services software solutions, which through his efforts reached 66% market share in the Americas. Under his leadership, Utiba Americas successfully engaged projects with America Movil, Digicel Group, Tigo, Citibank and several other banks and Mobile Network Operators. Utiba Americas was successfully and profitably sold to Amdocs (NASDAQ: DOX) in March of 2014.
Before that, Dabrowski was CEO of a joint venture with the Chinese firm Tianjin Contactless Payment Systems (TCPS), which provided multiple NFS prepaid fare collections systems for the transportation industry in the Americas.
From February 2002 to December 2010, Dabrowski was chairman and CEO of TekVoice Communications, an international Voice over IP services and wholesale billing platform provider. During his tenure at TekVoice, Dabrowski built a highly successful network of international services, customers and partnerships in Brazil, Bolivia, Venezuela, Colombia, Peru, El Salvador, Mexico, Honduras, Argentina and Haiti. And prior to that, Dabrowski held executive positions at RKM IT Solutions, a Latin American IT & telephony integrations solution provider, and Vox2Vox Communications, a global IP telephony and value added services provider.
For more information, visit www.alternetsystems.com
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