Neon Bloom, Inc. Announces Successful Launch of AI-Driven Backend Software

Core Insights - Neon Bloom, Inc. has successfully integrated a new AI-driven backend software package into its payment processing platforms, which are now back online [1][2] - The new platform employs multi-factor authentication and advanced AI technology to mitigate fraud, enhance capacity, and manage vendor redundancy and charge-backs, aiming to expand the customer base and enter new fintech areas [2][3] - The CEO of Neon Bloom highlighted the significant advancements made possible by this technology integration, which is expected to improve service delivery and operational efficiency [3] Company Overview - Neon Bloom Inc. is focused on developing AI-driven technologies and financial services, particularly in the financial transaction processing sector, excluding central bank-related transactions [4] - The company aims to grow revenue and net asset value through organic growth and acquisitions, utilizing various financial instruments [4] - Its subsidiary, Advanced Executive Sales (AES), is a leading provider of e-commerce and point-of-sale transaction solutions, currently servicing over 130 e-commerce sites [5] Future Outlook - The company anticipates a return to historical year-over-year growth rates and expects to see increased revenue and reduced costs in the upcoming quarters following the successful platform upgrades [3] - AES plans to expand into new verticals by acquiring other financial service-related companies that complement its existing payment processing technology [5]