Posted by AGORACOM-JC
at 12:28 PM on Tuesday, April 21st, 2020
KABN Systems North America is in the business of verifying, managing and monetizing online Digital Identity.
Digital Data is the new “Gold”!
KABN North America empowers users to verify, protect, manage and profit from their Digital Identity. With the recent changes to working, shopping, educating and playing from home, online usage and engagement is growing.
KABN’s business is:
About providing consumers with no-cost tools to manage their Digital Identity and profit from the public data.
Focused online making us Covid-19 resistant.
Relevant to 100% of the online, digital market.
Optimized for commercial partnerships in Financial Services, eCommerce, Education, Government, Healthcare, Technology, Gaming & more.
Built, scalable, proven and in market today.
Aligned with online revenue trends.
Run by a veteran team of successful industry leaders.
In process of a proposed RTO transaction for public listing.
Posted by AGORACOM-JC
at 9:14 AM on Friday, April 17th, 2020
KABN Systems North America is in the business of verifying, managing and monetizing online Digital Identity.We’re inviting you to join our online “Ask Me Anything” event with the KABN Systems North America Team
KABN North America empowers users to verify, protect, manage and profit from their Digital Identity. With the recent changes to working, shopping, educating and playing from home, online usage and engagement is growing.
KABN’s business is:
About providing consumers with no-cost tools to manage their Digital Identity and profit from the public data.
Focused online making us Covid-19 resistant.
Relevant to 100% of the online, digital market.
Optimized for commercial partnerships in Financial Services, eCommerce, Education, Government, Healthcare, Technology, Gaming & more.
Built, scalable, proven and in market today.
Aligned with online revenue trends.
Run by a veteran team of successful industry leaders.
In process of a proposed RTO transaction for public listing.
Posted by AGORACOM-JC
at 6:49 PM on Sunday, April 5th, 2020
KABN Systems North America is in the business of verifying, managing and monetizing online Digital Identity.We’re inviting you to join our online “Ask Me Anything” event with the KABN Systems North America Team
KABN North America empowers users to verify, protect, manage and profit from their Digital Identity. With the recent changes to working, shopping, educating and playing from home, online usage and engagement is growing.
KABN’s business is:
About providing consumers with no-cost tools to manage their Digital Identity and profit from the public data.
Focused online making us Covid-19 resistant.
Relevant to 100% of the online, digital market.
Optimized for commercial partnerships in Financial Services, eCommerce, Education, Government, Healthcare, Technology, Gaming & more.
Built, scalable, proven and in market today.
Aligned with online revenue trends.
Run by a veteran team of successful industry leaders.
In process of a proposed RTO transaction for public listing.
David Lucatch of KABN Networks North America joins Tristram Waye for
this episode of Fintech Friday. David discusses why identity is a
foundational element of the evolving online and data environment, and
why KABN Networks North America has developed a business around it.
During this episode he will also discuss:
How KABN ID works and why it’s a foundational technology
The suite of products KABN Networks North America has developed around identity and why
Their vision of the future including the release of Liquid Avatar
BIO: David Lucatch has spent more almost 35 years in
the international marketing arena and over 25 years of that developing
technologies and taking them to market. David has held senior
management posts and directorships at both private and public technology
and media firms. David is an active supporter of numerous non-profit
organizations and has been recognized and awarded internationally for
his service and community support activities. In 1997, David developed
the concept and led the initial eCommerce payment gateway team for the
Canadian banking industry with support from VISA and MasterCard,
Scotiabank and Citibank Canada.
In 2005, David created one of Canada’s first incubators, financing,
creating and supporting projects globally in online AI / ML / NLP
language technology, VoIP telephony, online mapping, music and
entertainment, live performance, mobile marketing and eCommerce.
After leaving his posts at 2 public companies, in early 2017, David
founded Pegasus Fintech. Pegasus is positioned to support founders,
innovative technology developers and emerging companies in their efforts
to preserve long-term ownership and promote growth opportunities
through compliant business solutions.
In late 2017, David became a co-founder KABN to focus on the
compliance and liquidity issues surrounding digital currencies. By
mid-2018, the Pegasus team also developed KABN’s identity platform KABN
ID allowing users and commercial clients to verify, manage and monetize
identity on a continuous, Always On global scale reducing the need to do
identity verification for multiple transactions with a user. In May
2019, David and 2 partners filed a US Patent for the invention of a
process to use the Blockchain for Identity Attestations.
David’s focus today is set squarely on KABN and its mission to put
ownership, control and profitability of identity back into the hands of
individuals. KABN’s products and programs covers over 180 countries
worldwide and is expanding its regional leadership teams in 2019 and
2020.
David is a graduate from the University of Toronto and continues to
serve as mentor to a variety of student programs and leadership
initiatives globally. In 2010 David was a recipient of an Arbor Award
from the University of Toronto, recognizing his continued activities and
contributions to his alma mater and served a term as a member of the
University’s Electoral College. David served as an inaugural member of
the Ontario Securities Commission SME Committee and is a member of the
NCFA Advisory Board.
Some additional “fun factsâ€:
In addition to his technology accomplishments, David is also active in the media industry:
David and his team were instrumental in achieving a Guinness World Record in 2011 for the Most Nationalities in an Online Chat together with Gene Simmons and Paul Stanley of KISS;
In 2013, David and his team worked with Disney Animation to create a
global, multi-language “flash eventâ€â€™ for the worldwide online video
premiere for the Academy Award and Grammy Award song Let It Go from the movie Frozen;
In 2017, David and his partners at created and produced Stars and Pinstripes, a New York Yankees television series featured on the YES Network and Direct TV and were nominated in 2017 for a NY Emmy Award in the Entertainment Program / Special category.
Posted by AGORACOM-JC
at 9:18 AM on Thursday, February 27th, 2020
KABN Systems North America Inc. A Fintech platform focused on Verifying, Managing & Monetizing Online Identity. KABN’s mission is to create a world-class suite of products and services that support the decentralized market economy, globally enabling consumers to manage their digital identity and other data to create value-based relationships in the financial and loyalty services arena.
FROM THE DESK OF DAVID LUCATCH, President, Co-Founder & Director :
Good Morning.
The Management Information Circular for the Business Combination
(RTO) between KABN Systems North America Inc. and Torino Power Solutions
Inc. (CSE:TPS) has been publicly filed on SEDAR.
Torino Power Solution’s Annual and Special Meeting is scheduled to be held on March 31, 2020 at 10 am PST in Vancouver.
To view the Management Information Circular, Please visit:
Click on View This Company’s Documents at the bottom left
Select: Management information circular – English
Dated: February 26, 2020
Click on the item and enter the code and view.
Happy Reading and feel free to share!
In addition to accelerating KABN NA’s business activities, during
this period, we will be working with the investment community and
counsel to finalize the Listing Statement for the CSE.
KABN NA will be at FFCON20 – RISE
Don’t forget to get your ticket and visit us at the 6th Annual
FFCON20 on March 23rd and 24th in Toronto – click here for your discount
tickets https://bit.ly/2Pj64UZ
As always, if you have any questions or comments, please feel free to reach out.
Posted by AGORACOM-JC
at 1:00 PM on Friday, February 21st, 2020
SPONSOR: KABN Systems North America Inc.
A Fintech platform focused on Verifying, Managing & Monetizing
Online Identity. KABN’s mission is to create a world-class suite of
products and services that support the decentralized market economy,
globally enabling consumers to manage their digital identity and other
data to create value-based relationships in the financial and loyalty
services arena.
Fintech Trends Everyone Should Look For in 2020
These statistics can’t go wrong as fintech is expected to grow further with companies from around the world pouring in their investments in this sector
A report on these shares that investments in the fintech industry is expected to number over $30 billion in 2020.
2020 is unofficially considered a defining year for various reasons.
Tons of estimations on the growth of industries and sectors across the
globe have 2020 as the year, where things will go uphill. Fintech is no
exception. Pull out any information or statistics on the growth of
fintech, this year stands as the pinnacle of the industry’s growth.
These statistics can’t go wrong as fintech is expected to grow
further with companies from around the world pouring in their
investments in this sector. A report on these shares that investments in
the fintech industry is expected to number over $30 billion in 2020.
With several fintech market players reinvesting in strengthening
their service delivery and IT infrastructure, they are involuntarily
setting up new trends in the market. They are all becoming increasingly
customer-centric, aiming to get more things done in less time with the
help of disruptive technologies.
Here, we break downtrends in the fintech industry to look out for in 2020.
Big Data and Artificial Intelligence for Personalization
Speaking of disruptive technologies, we cannot overlook the impact
concepts like Big Data, artificial intelligence, machine learning, and
deep learning have left on various industries. If an online streaming
platform knows more about our movie preferences than our best friend, it
is only because of complex artificial intelligence algorithms at work.
With the advent of Big Data, it has also become easier for companies
to handle massive amounts of data generation and processing. Now,
fintech companies can understand more about us through our online
behaviour, browsing history and app usage on our likes and dislikes,
preferences, credit and repayment history and more.
With AI being omnipresent across multiple channels, fintech companies
are looking to combine the power of both to deliver better services and
experiences to their users through personalization. If you’ve been into
marketing, you would know the impact personalization has among
consumers. With the combination of these two technologies, we can
experience a one-to-one, focused banking experience in the coming
months.
Blockchain To Shake Up the Industry
Financial institutions have always been eyeing optimum security and
safety and with the onset of Blockchain, they are a step closer to
achieving this. A decentralized and distributed concept that is
fool-proof, Blockchain is everything the fintech industry could ask for.
Some of the plaguing concerns in the fintech industry include frauds
and identity thefts, which cause billions of dollars of losses to
companies every year. With the implementation of Blockchain in this
industry, companies can pave the way for a smarter and safer transaction
and operation.
Besides, it is also revealed that the investments in blockchain are anticipated to hit $6,700mn by the year 2023.
So, in the coming years, we could expect jargons of today like smart
contracts, trading shares, identity management and more to become
mainstream.
Chatbots
Chatbots are AI-powered bots that replicate human interactions. They
have access to the internet and are designed to accurately pull out
specific information depending on the question asked. Most of us are
already talking to a chatbot in a number of scenarios and we aren’t
aware of it. Close to cracking the Turing Test, the implementation of
chatbots will continue to soar to new heights in the coming months.
By the year 2023, it is also expected that close to 826 million hours would be saved by banks with their chatbots
deployment. Also, over 79% of the successful interactions using
chatbots will be through mobile applications in the coming three years.
With the fintech industry being prone to queries and questions from
potential leads, new customers, existing customers and others, chatbots
are the way forward to save time on redundant tasks and use manpower to
focus on niche tasks.
RPA
RPA stands for Robotic Process Automation. In the year 2020, more
companies will invest in deploying RPAs into their systems to optimize
operations and make service delivery more effective. An advanced version
of chatbots, RPA is more like an artificially intelligent colleague
working with you at your workplace.
They were one of the biggest trends to watch out for in the year 2018
and in a span of two years, they have become mainstream enough to be
deployed in companies. With their implementation, companies can further
make their data aggregation and processing more streamlined, offer
better customer service, find and fix loopholes in workflow and take
care of specific tasks like:
Onboarding customers
Verifying and conducting background checks
Data analytics and reporting
Managing compliance processes
Assessing risk and more
Cybersecurity
With digital implementation comes enormous risks. That’s a giveaway.
When companies, especially fintech companies, go digital in terms of
applications and progressive websites, they open up new avenues for
attacks and threats. According to research, over 98% of the top 100 fintech companies across the globe have vulnerabilities despite having proper tech infrastructure in place.
There are also issues of identity theft, fraudulent transactions,
access to sensitive user data and more in this sector. That’s why
cybersecurity stands as one of the priority implementations for the year
2020. Blockchain, AI and other technologies we discussed earlier are
all simultaneously working on optimizing security in this sector.
So, these are the top fintech trends to look out for in the year
2020. If you intend to get a fintech app launched, you need to take care
of all the factors we just discussed. They are trends because they are
inevitable this year.
Tags: canadian fintech, crypto, fintech, Kabn Posted in KABN | Comments Off on Fintech Trends Everyone Should Look For in 2020 – SPONSOR: #KABN Systems North America Inc.
Posted by AGORACOM-JC
at 8:33 AM on Friday, February 14th, 2020
National Crowdfunding & Fintech Association of Canada (NCFA) and KABN Systems North America Inc. (KABN NA) announced a collaborative partnership to promote Digital Identity management and usage in Canada through a 3 year exclusive partnership launching at the 2020 Fintech and Financing Conference and Expo (FFCON20) to be held in downtown Toronto on March 23-24, 2020.
Digital Identity program to be launched at 20: RISE
TORONTO, ON / February 13, 2020 / The National Crowdfunding & Fintech Association of Canada (NCFA) and KABN Systems North America Inc. (KABN NA) announced today they have formed a collaborative partnership to promote Digital Identity management and usage in Canada through a 3 year exclusive partnership launching at the 2020 Fintech and Financing Conference and Expo (FFCON20) to be held in downtown Toronto on March 23-24, 2020.
View photos
With finance and fintech touching virtually every business and entity
of people’s lives, the NCFA and KABN NA will be embarking on awareness
and education programs on the value of having a secure, re-usable online
identity that can reduce identity fraud and replace the need to show
credentials every time you need to prove your online identity.
KABN Systems North America Inc. is a Canadian Fintech company that
specializes in continuous online Identity Verification, Identity
Management and Monetization and is currently in the launch phase of its
digital banking and financial services platform, Pegasus Flyte.
KABN NA recently announced that it has executed Definitive Agreements
with Torino Power Solutions (CSE:TPS), subject to all necessary
approvals, Torino will acquire all of the issued and outstanding shares
in the capital of KABN NA, which will constitute a fundamental change of
the Company and that will result in a reverse takeover (the “RTO“) of Torino by KABN NA.
The theme for the 6th annual FFCON20 is RISE, focused on increasing
the success and sustainability of Canada’s fintech and financial sector
fostering partnerships between fintech companies and financial
institutions, opening investment channels and connecting emerging talent
with markets. KABN will be a prominent partner of this event and all
other events that the NCFA presents over the next 3 years.
FFCON20 facilitates thought-provoking and relevant discussions,
lively debates and personal networking for the cross-pollination of
ideas and experiences. The two-day event also provides a variety of
competitions where investors can find deal flow and companies can get
direct access to prominent investors. FFCON20, at its core, brings
markets to life and provides an open forum for collaboration between
emerging companies and major stakeholders.
“Identity is a key component of the online fintech environment and
consumers are becoming more aware of its value and vulnerability. We’re
very excited to partner with KABN North America to educate consumers and
businesses on the value of digital identity in the marketplace, how to
protect it and how to manage it.” Craig Asano, Founder and CEO, NCFA
“We are excited to have the opportunity to partner and work with the
NCFA and leverage their leadership in the Fintech sector and create
leadership in the digital identity arena. KABN is focused on
collaboration with industry stakeholders and supports educating North
Americans about the value of digital identity, to create better use of
our private data.” Ben Kessler, CEO, KABN Systems North American Inc.
The National Crowdfunding & Fintech Association
(NCFA) is a financial innovation ecosystem that provides education,
market intelligence, industry stewardship, networking and funding
opportunities and services to thousands of community members and works
closely with industry, government, partners and affiliates to create a
vibrant and innovative fintech and funding industry in Canada. For more
information, please visit: ncfacanada.org
Tags: canadian fintech, crypto, fintech, Kabn Posted in KABN | Comments Off on National Crowdfunding & Fintech Association and #KABN Systems North America enter multi-year exclusive partnership to promote Digital Identity in Canada
Posted by AGORACOM-JC
at 8:28 AM on Friday, February 14th, 2020
SPONSOR: KABN Systems North America Inc. A Fintech platform focused on Verifying, Managing & Monetizing Online Identity. KABN’s mission is to create a world-class suite of products and services that support the decentralized market economy, globally enabling consumers to manage their digital identity and other data to create value-based relationships in the financial and loyalty services arena.
Kirsten Gillibrand’s new bill would establish a US data protection agency
The Data Protection Agency would enforce federal privacy laws out of the hands of the FTC.Issie Lapowsky
Members of Congress still haven’t written the rules of the road for consumer privacy in America. But on Thursday, Democratic Sen. Kirsten Gillibrand introduced a new bill that would at least appoint a traffic cop.
February 13, 2020
Members of Congress still haven’t written the rules of the road for
consumer privacy in America. But on Thursday, Democratic Sen. Kirsten
Gillibrand introduced a new bill that would at least appoint a traffic
cop.
The so-called Data Protection Act of 2020 would create the country’s
first data protection agency to oversee how privacy laws in America are
enforced and guide Congress on the development of those laws. The agency
would be empowered to impose penalties on companies that violate
people’s privacy, taken them to court, field consumer complaints, and
launch investigations.
In a blog post, Gillibrand wrote that the country faces an inflection
point similar to the post-9/11 days when the government realized it
needed to shore up national security and established the Department of
Homeland Security to do it.
“As our country and economy continue to evolve with the digital age,
we face a national crisis as our personal data gets targeted — and not
just for marketing by brands, but also to establish if we can access
certain jobs, loans, or prices on products,” Gillibrand wrote.
“Americans should be able to go to an institution that will look out
for, and actively work to protect, their privacy and freedom.”
The agency would enforce current privacy laws and any future laws
Congress passes and have rule-making authority to determine how those
laws are carried out. Specifically, the agency would be able to conduct
impact assessments on companies deploying “high-risk practices” with
regard to data. That includes companies using data to profile people on a
large scale. The bill also gives the agency the power to regulate
consumer scoring in sensitive areas like housing, employment and
education.
The agency would have subpoena power and the ability to take
companies to court over violations of federal privacy law. It would also
closely monitor large companies — both in terms of revenue and in terms
of the amount of data they collect — and ask for reports from these
companies, to ensure they’re complying with the law. Meanwhile, the
agency would be tasked with guiding Congress on emerging technologies
and representing the United States in international deals regarding
privacy.
Today, the federal privacy laws that do exist, like the Children’s
Online Privacy Protection Act and the Fair Credit Reporting Act, are
enforced by the Federal Trade Commission. The FTC Act also prohibits
unfair or deceptive practices, a law that the agency has used to punish
companies like Facebook for their privacy scandals. But consumer
advocates have always said the FTC lacks teeth, primarily because the
agency can’t levy fines on first-time offenders. Some federal privacy
bills that have been introduced recently, including one sponsored by
Washington Democrat Sen. Maria Cantwell, would change that, creating a
new privacy bureau within the FTC and giving it more punitive powers.
But Gillibrand’s bill aims to start fresh with a brand-new agency,
which would assume much of the enforcement power from the FTC. Privacy
groups like the Electronic Privacy Information Center, which worked with
Gillibrand’s office on the bill, view this as a welcome change.
“The FTC has failed over and over again to protect American
consumers,” said Caitriona Fitzgerald, chief technology officer and
policy director at EPIC. Fitzgerald points to the consent decree
the FTC reached with Facebook over privacy issues in 2011. That didn’t
stop Facebook from committing subsequent privacy violations that
ultimately led to the Cambridge Analytica scandal. Last year, the FTC
fined Facebook $5 billion, a penalty that Fitzgerald thinks was woefully
inadequate. “The FTC did nothing to ensure this won’t happen again. And
that’s only the latest example,” she said.
The agency Gillibrand seeks to create would be similar to the data
protection authorities that oversee enforcement of the General Data
Protection Regulations throughout Europe. The only difference is in the
United States, there is no comprehensive data privacy law to enforce.
The closest thing the U.S. has to GDPR is the California Consumer
Privacy Act, which only concerns California residents. A new ballot initiative
in California that seeks to rewrite CCPA would create an independent
data protection agency, but that agency would still only protect
Californians.
The avalanche of high-profile consumer privacy failures over the past few years has led to calls
for a strong federal privacy law, including from the tech industry
itself. Gillibrand’s proposal for a data protection agency is a response
to that, but it stops short of proposing new limits on data use itself.
In her blog post, Gillibrand pointed to an array of perceived privacy
violations she wants to prohibit, from fitness apps sharing data with
health insurance companies to Instagram giving advertisers access to
data about its users. Her new Data Protection Agency would be able to do
very little to stop that, unless Congress passed a law that said it
could.
Fitzgerald says she thinks Gillibrand’s bill could be easily
integrated into Cantwell’s comprehensive privacy bill in the Senate.
Another comprehensive consumer privacy bill in the House that was introduced last year also calls for the creation of what it calls a “digital privacy agency.”
But some, like Mary Stone Ross, associate director of EPIC, say that
even on its own, Gillibrand’s bill has value. Ross argues that it
doesn’t matter what privacy laws Congress passes if there’s nobody who’s
going to hold companies accountable. “On one hand it might seem a
little backward, like you’re putting the cart before the horse, building
the enforcement agency before you pass federal consumer privacy law,
but in my mind it’s not,” Ross said. “I think the most important place
to start is enforcement.”
Tags: canadian fintech, crypto, fintech, Kabn, KABN Card Posted in KABN | Comments Off on Kirsten Gillibrand’s new bill would establish a US data protection agency SPONSOR: #KABN Systems North America Inc.
Posted by AGORACOM-JC
at 11:02 AM on Thursday, February 6th, 2020
For some reason, we all take online privacy and identity for granted. In the real world, we have someone verify who we are at the airport, banks and even bars by presenting ourselves in person, along with documentation (passport, drivers license, etc.)
But online we just punch in our credit card + CVV number (that one on the back) to access or buy just about anything. The problem, as we’ve long known, is the recipient of your info has no idea if its really you, or the waiter you gave your credit card to last night at dinner.
For decades, we’ve accepted it as a cost of the convenience of credit cards, which is built into the ridiculously high % rates charged by credit card companies.
That’s all about to change. People and governments have figured out over the past couple of years (see FACEBOOK) that too many companies know too much about us and use it to fill their pockets with insane amounts of money …. while sharing nothing with us.
Legislation has already been enacted and more is coming that will force EVERY company to re-think their business models. The free ride is over for them and just beginning for us.
Enter KABN. Watch this from your device, or listen to it in your car, bus or dentist’s waiting room. KABN is private but has already announced a proposed RTO.
We’re banging the table on how things are going to change beyond recognition this decade. KABN is one of the companies making it possible.
Posted by AGORACOM-JC
at 5:57 PM on Tuesday, January 28th, 2020
https://youtu.be/egG5BZk7MvI
Have you ever wondered what companies are doing with YOUR
personal information online and how you could benefit from it? In an
all-new interview, Brandon is joined by David Lucatch, the President
& Co-Founder of KABN Systems N.A. to discuss how companies are using
personal data in an expanding digital world.
The company’s mission is to create a world-class suite of
products and services that support the decentralized market economy,
globally enabling consumers to manage their digital identity and other
data to create value-based relationships in the financial and loyalty
services arena.
Lucatch says identity is the next big frontier and that’s something you can profit from! To learn more go to https://kabnsystemsna.com/
