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MUST WATCH: KABN Systems North America Online “Ask Me Anything” Event

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.

REMINDER: You’re Invited – KABN Systems North America Online “Ask Me Anything” Event Today at 12pm EST

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

Join Us:

Today from 12pm to 1pm Eastern

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.

KABN Systems North America Inc.

www.kabnsystemsna.com

You’re Invited – #KABN Systems North America Online “Ask Me Anything” #Fintech Event

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

Join Us:

Wednesday, April 15th from 12 pm to 1 pm Eastern

or

Friday April 17th  from 12pm to 1pm Eastern

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.

KABN Systems North America Inc.

www.kabnsystemsna.com

#KABN Systems North America – Why identity matters in an evolving online environment

Posted by AGORACOM-JC at 8:27 AM on Thursday, March 26th, 2020

Why identity matters in an evolving online environment

HOST: Tristram Waye, Fintech Friday’s podcast episode

GUEST: DAVID LUCATCH, President & Director – KABN Systems North America Inc. (Linkedin)

KABN Links:  kabnsystemsna.comliquidavatar.com

About this episode:

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 facts”:

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 event”’ 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.

Source: https://ncfacanada.org/fintech-fridays-ep38-why-identity-matters-in-an-evolving-online-environment/

#KABN NA Proposed RTO / Public Listing Update

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:

https://www.sedar.com/DisplayProfile.do?lang=EN&issuerType=03&issuerNo=00036995

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. 

My best,

David Lucatch

President, Co-Founder & Director

p: +1 416 409 4318

e: [email protected]

Fintech Trends Everyone Should Look For in 2020 – SPONSOR: #KABN Systems North America Inc.

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.

by Pete McCain

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.

Source: https://www.paymentsjournal.com/fintech-trends-everyone-should-look-for-in-2020/

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 8:33 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.

For more information on FFCON20: RISE click here

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

Kirsten Gillibrand’s new bill would establish a US data protection agency SPONSOR: #KABN Systems North America Inc.

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.

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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.”

Source: https://www.protocol.com/federal-privacy-agency-gillibrand-2645128272.amp.html?__twitter_impression=true

INTERVIEW: KABN Systems North America – A Fintech Platform Turning The Problem Of Online Privacy Into A Profit …. For You.

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.

WATCH.

VIDEO: A Look Inside KABN Systems N.A., with David Lucatch

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/