MO Technologies | March 22, 2022
MO Technologies, which offers financial technology (fintech) companies a more complete view of a person's creditworthiness through location intelligence, has adopted Esri's ArcGIS Platform to provide the precise, frequently updated data at the core of MO's tools used to complement traditional credit scoring models.
Understanding that the financial life of a person doesn't always fit the mold used by credit scoring bureaus and banks, leaders at MO believe knowing more about where a person lives and works can help fill in gaps and warrant extending credit to some of the hundreds of millions of people left out of the financial system.
Situations can change dramatically, as we've seen in the last two years, It's important to account for evolving characteristics in a location where a credit applicant lives. Placing data in a geographic context offers valuable insights and crucial understanding."
Javier Díaz-Cely, MO's chief analytics officer.
Central to MO's software as a solution (SaaS) offerings—including its latest product, MO Geo—is reliable information from Esri, the global leader in location intelligence. By adopting ArcGIS Platform, Esri's platform as a service (PaaS), MO unlocked access to Esri's rich demographic data and precision geocoding services.
We're excited MO turned to ArcGIS Platform when the company needed reliable data and geocoding, By offering flexible solutions, we allow our customers to focus on what they do best."
David Cardella, Esri product manager for developer technologies.
MO uses data about housing prices, the cost of food, access to transportation and public utilities, and more, to create models that can help estimate what a person's income or financial risk might be. MO's team discovered that in Argentina, for example, the distance between a person's home and an ATM is a significant factor. In Mexico, it is important to consider home prices and how many grocery stores are in an applicant's vicinity.
MO Geo, the company's recently launched stand-alone product, provides fintechs and other financial institutions with geographical indexes—developed through machine learning—that can be used as inputs to complement traditional models. The product also works in tandem with MO Score, the company's own credit scoring platform.
Beyond financial institutions, the company has worked with businesses in the gig economy as well as consumer product goods manufacturers that wanted to extend credit to small merchants with little financial history.
Based in Bogotá, Colombia, MO has focused its work so far in the Latin America and Caribbean regions. The company's technology has already played a role in one million credit assessments. A free version of the MO Geo solution is being made available in the US. The company is expanding the product's availability to Mexico, Colombia, and the rest of the Latin America and Caribbean regions.
About MO Technologies
At MO, we are moving technology forward for a more inclusive, digital & seamless financing. We are a SaaS credit tech company covering the E2E digital credit lifecycle management for origination, servicing, and debt collection in a one-stop-shop schema. Our productized solution enables a laser speed launch of your new hyper-personalized product, fully digital and integrated seamlessly with your platforms. We are the right tech partners for Fintechs and traditional issuing players as we enable them to revolutionize the credit industry.
Esri, the global market leader in geographic information system (GIS) software, location intelligence, and mapping, helps customers unlock the full potential of data to improve operational and business results. Founded in 1969 in Redlands, California, USA, Esri software is deployed in more than 350,000 organizations globally and in over 200,000 institutions in the Americas, Asia and the Pacific, Europe, Africa, and the Middle East, including Fortune 500 companies, government agencies, nonprofits, and universities. Esri has regional offices, international distributors, and partners providing local support in over 100 countries on six continents. With its pioneering commitment to geospatial information technology, Esri engineers the most innovative solutions for digital transformation, the Internet of Things (IoT), and advanced analytics.
BITCOIN AND CRYPTO
NOYACK | March 21, 2022
NOYACK Logistics Income (NLI) is now accepting cryptocurrency payments for share with the partnership with BitPay. NLI is sponsored by NOYACK Capital and for investing in supply chain real estate. The partnership has made NLI the first-ever REIT to accept cryptocurrency and enables investors to fund their commitment with Bitcoin (BTC), Wrapped Bitcoin (WBTC), Dogecoin (DOGE), and Litecoin (LTC). In addition, investors can also use Ethereum (ETH), Bitcoin Cash (BCH), ShibaInu (SHIB), and five USD-pegged stablecoins (BUSD, DAI, GUSD, USDC, and USDP) for payments.
NLI is the first REIT to partner with BitPay, a leading crypto payment service provider and one of the initial alternative investment offerings that enable investors to convert digital cryptocurrency into ownership of a hard asset seamlessly.
This partnership is a critical way to connect with today's investors to include investment real estate and cryptocurrency in their retirement accounts. NOYACK's BitPay payment integration is one of the pioneering initiatives for structured commercial real estate investment. Investors can now divide investment between traditional and cryptocurrency. They can easily select their preferred wallet or exchange, select a cryptocurrency, scan a QR code or manually enter payment details. Interestingly, they can easily do it through their mobile devices.
CJ Follini, CEO of NOYACK Capital.
This is another example of moving crypto mainstream. More investors are asking to move cryptocurrency allocations into physical assets like real estate. This ability puts Noyack at the forefront of alternative investment management. The market potential for crypto adoption bridging into the physical world is huge. We estimate $55 Billion in purchases and investments using cryptocurrency in the next 12 months."
Stephen Pair, CEO of BitPay.
Therefore, bbeingNOYACK's proprietary analytics and market research, NLI will further identify properties serving emerging needs for autonomous vehicle infrastructure, climate-controlled storage, same-day delivery, and solving other rapidly evolving uses.
EVODeFi | March 21, 2022
EVODeFi cross-chain solution just unveiled its new product – EVODeFi.Pay. This is a powerful tool for making crypto payments, allowing sellers to accept and bill cryptocurrency to customers with minimal time and effort. The product will be especially valuable for users who want to perform their money transactions in cryptocurrency without using complicated schemes.
The high-tech system of EVODeFi provides numerous crypto services including business tools to increase crypto payments, a bridge between networks, and a high-tech system to work with crypto exchange and crypto-salaries. A professional team that has already launched one of the top 5 bridges created EVODeFi.Pay that facilitates the process of exchanging cryptocurrency between sellers and buyers.
EVODeFi.Pay is a product that performs fast crypto-transactions between vendors and customers. The process of using the service is extremely simple: a buyer chooses the cryptocurrency which he or she wants and pays for the purchase. EVODeFi.Pay converts one cryptocurrency into another and sends the payment to a seller in the crypto that has been chosen. Since many have refused to use BTC/ETH in favor of faster networks, EVODeFi.Pay can offer several popular networks, such as BSC, Fantom, Avax, Polygon, which already have a large number of users. In addition, the development team uses a powerful security system to protect transactions at all stages. Moreover, convenient localization and the ability to use the service on any device will greatly facilitate integration.
EVODeFi is a cross-chain solution providing a set of crypto products including a bridge between networks, business tools to increase crypto payments, and a high-tech system to work with crypto exchange and crypto-salaries projects, available in a single system. EVODeFi develops the following services: Bridge, Pay, Exchange, Payroll and App. Using the latest technologies and great experience, the EVODeFi system works at the international level, providing its services in regions around the world, for example in the USA, Europe, and South America.