Business
SmartCard Marketing Systems Inc. (OTC: SMKG) Announces Upcoming Plans for PayTech and Blockchain
SmartCard Marketing Systems Inc. (OTC: SMKG) Announces Upcoming Plans for PayTech and Blockchain.
About this update from Smart Card Marketing Systems, Inc.
[{"type":"text","content":"SmartCard Marketing Systems Inc (OTC: SMKG), a boutique firm specializing in Fintech, Blockchain, and Paytech solutions through its Platforms as a Service (PAAS) offerings, is gearing up for significant strides over the next six months. The company is navigating the complexities of the current U.S. banking and crypto sectors, which have seen mid-tier banks collapse and a slowdown in token issuances.Massimo Barone, Founder and CEO of SmartCard Marketing Systems Inc., shared, “The recent banking crisis and the SEC's stringent stance on crypto have certainly presented challenges. Despite these obstacles, we are committed to advancing our partnerships and scaling our operations within the banking sector to offer embedded payments and facilitate digital assets. Our successful S1 filing approval, although impacted by the banking turmoil, remains a key milestone in our growth strategy.We adhere to the strategy of looking back six months and forward six months to continually assess and advance. This approach has allowed us to overcome industry-wide challenges influenced by economic shifts and digital trends. Our proprietary portfolio has been instrumental in maintaining our strategic direction.We are optimistic about our ongoing success with clients in cross-border services and the tokenization of real-world assets (RWA). Additionally, returning clients have shown renewed interest in our marketplace technology and crypto-related embedded payments. These developments position SMKG to lead the PAAS sector with its 'Everything Connected' philosophy.”The company is proceeding with filings of the Financial Statements for the quarterly periods missing up to the present period to be current. In addition, the company's intentions remain to update the S1 filings to continue as a Current Reporting Issuer in the New Year with a new mandated Auditor to be announced.About SmartCard Marketing Systems Inc. (OTC:SMKG):SmartCard Marketing Systems Inc (OTC: SMKG) is a leader in Multi-Tenant E-Commerce, Cloud, and Mobility applications, providing white-label solutions for the global PayTech and FinTech markets. The company offers a proprietary portfolio of applications and wireframes for banking, enterprises, and retail e-wallets, supporting cross-border payments, blockchain protocols, crypto issuing, Ai automation, NFT minting, tokenization, digital-ID a...