OMNIQ Corp Forms Strategic Alliance with Ingenico to Enhance Fintech Solutions
Omniq Omniq (US:OMQS) GlobeNewswire News Room·2024-08-14 12:30

Core Insights - OMNIQ Corp. has entered a non-exclusive agreement with Ingenico to enhance its fintech position by combining its AI-based image processing technologies with Ingenico's payment solutions [2][3][4] - This strategic alliance aims to streamline payment processes across various industries, leveraging OMNIQ's innovative technology and Ingenico's global payment expertise [3][4] - The collaboration is expected to improve customer experiences and set new standards in fintech innovation and operational efficiency [4][5] Company Overview - OMNIQ Corp. specializes in AI-driven image processing technologies and supply chain management solutions, serving sectors such as manufacturing, retail, healthcare, and more [2][7][8] - The company has a diverse client base, including government agencies and Fortune 500 corporations, enhancing operational effectiveness through advanced solutions [8] - OMNIQ is positioned in rapidly expanding markets, including the Global Safe City sector projected to reach $67.1 billion by 2028 and the smart parking industry expected to grow to $16.4 billion by 2030 [9] Ingenico Overview - Ingenico is a global leader in payment acceptance solutions, providing technology for merchants, banks, and fintech customers [6] - With 45 years of experience, Ingenico focuses on innovation, trust, and sustainability in its approach to payment solutions [6]