Company is implementing AI and ML analytics through its ShopFast dashboard, enabling merchants to assess and respond to customer behavior and propensities The OLB Group, Inc. (NASDAQ: OLB), a provider of cloud-based omnicommerce and payment acceptance solutions for small- and mid-sized merchants, announced that customers using its ShopFast service will have access to new customer [...]
Company is implementing AI and ML analytics through its ShopFast dashboard, enabling merchants to assess and respond to customer behavior and propensities The OLB Group, Inc. (NASDAQ: OLB), a provider of cloud-based omnicommerce and payment acceptance solutions for small- and mid-sized merchants, announced that customers using its ShopFast service will have access to new customer [...]
Palm Beach, FL – April 27, 2021 – Nowadays, almost everybody is aware of the effect Artificial Intelligence (AI) has on our every day lives. AI is already a part of many people’s lives and maybe already a part of your life too — whether you realize it or not. Amazon’s Echo (a.k.a. Alexa), Google [...]
Integrated eCommerce Offerings Will Be Utilized to Improve Sales, Customer Service, and Operations The OLB Group, Inc. (NASDAQ: OLB), a provider of cloud-based eCommerce and payment acceptance solutions for small- and mid-size merchants, announced EZ Sports Technologies of Evanston, Illinois has selected it to provide comprehensive merchant services solutions to three Class D minor league [...]
Customers can use mobile phones to scan a transaction-specific QR-code to complete a contactless PoS transaction The OLB Group, Inc. (NASDAQ: OLB), a provider of cloud-based omnicommerce and payment acceptance solutions for small and mid-size merchants, announced that merchants utilizing its OmniSoft™ cloud-based business management platform or SecurePay™ Payment Gateway can now offer customers an [...]
The OLB Group (OLB): FY Net loss of $1.78MRevenue of $9.67MShares -2.26%.Press Release For further details see: The OLB Group reports FY results
Revenue for the year ended December 31, 2020 of $ 9.766 Million Reported The OLB Group, Inc. ("OLB," “we,” “us,” “our,” or the "Company"), (NASDAQ: OLB), a provider of cloud-based, omni-commerce and payment acceptance solutions for small and mid-size merchants,, through its subsidiaries, which develops and markets a suite of products in the merchant services [...]
The OLB ([[OLB]] +3.1%) completed an early payoff of its $7.7M acquisition-related senior term loan originated in April 2018 which will lead to ~$0.72M savings in interest annually and release the company from related restrictive covenants on the business.For terminating debt obligations, 40K warrants related to the financing were also cancelled. For further details see: [...]
OLB Group prepays $7.7 million to retire senior term loan saving $720,000 in Annual Interest Payments and is released from restrictive loan covenants The OLB Group, Inc. (NASDAQ: OLB), a provider of cloud- based omnicommerce and payment acceptance solutions for small and mid-size merchants, announced it completed an early payoff of its $7.7 million acquisition-related [...]
Thinly traded stock OLB Group (OLB) unveils a service that helps merchants process cryptocurrency purchases in an effort to speed the transaction process on par with credit and debit processes.The SecurePay payment gateway supports multiple cryptocurrencies, including bitcoin, Ethereum, USDC, and DAI across all merchant platforms.OLB systems support crypto wallets, such as MetaMask, Coinbase Wallet, and [...]