OMNIQ Announces Collaboration Agreement With SHVA, Strengthening Fintech Capabilities to Provide a Total Customer Solution

Core Insights - The partnership between OMNIQ and SHVA represents a significant milestone in OMNIQ's strategic expansion within the fintech industry [2][4] - The collaboration aims to enhance fintech solutions in Israel, leveraging SHVA's extensive transaction processing capabilities [3][5] - This agreement aligns with OMNIQ's strategic goals to improve customer experiences through innovative technology [4][5] Company Overview - OMNIQ Corp. is a global leader in AI-based solutions and supply chain management, focusing on advanced technologies for various sectors [7][8] - The company serves a diverse clientele, including government agencies and Fortune 500 companies, enhancing operational capabilities across multiple industries [8] Market Position and Growth Potential - OMNIQ is strategically positioned in rapidly growing markets, including the fintech market projected to reach $1,152 billion by 2032 [9] - The collaboration with SHVA is expected to strengthen OMNIQ's market presence in the evolving global fintech landscape [5][9] - OMNIQ has achieved EMV certification, enabling it to process both domestic and international credit card transactions [6]