Showing posts with label Financial. Show all posts
Showing posts with label Financial. Show all posts

Friday, April 9, 2021

Dispension Industries and ePortID announce exclusive agreement for vein biometric identity verification in automated kiosks for restricted product distribution

Dispension Industries and ePortID announce exclusive agreement for vein biometric identity verification in automated kiosks for restricted product distribution | #TpromoCom #Biometric #Identification #Financial | Dispension Industries Inc. and ePortID LLC are embarking on a strategic exclusive relationship to transform the distribution of restricted products using palm vein biometric identity verification technology in tandem with unattended self-service kiosks. This partnership combines Dispension’s thought leadership in automated distribution of restricted products with ePortID’s expertise in biometric access control solutions. https://bit.ly/3wGULdd

The combined solution has great potential to solve hurdles faced by retailers and distributors of restricted goods such as pharmaceuticals, alcohol, cannabis, psychedelics, nicotine/vaping and lottery products. Distribution of these products typically requires age or identity verification by human personnel which is costly from a staffing standpoint, unreliable as human ID checks can be scammed or faked, and unsafe due to the potential for exposure and transmission of infectious diseases such as COVID-19. The combined Dispension and contactless ePortID technology has the potential to disrupt traditional human distribution methods by reducing costs, increasing access and throughput, and reducing public health and safety concerns.

Dispension is pioneering secure, trusted, intelligent self-checkout kiosks for restricted product distribution. ePortID’s integrated biometric access control technology allows the kiosks to effectively identify a person at the point of distribution in an unattended and contactless way. The combined solution is much more than a retail kiosk, it improves security, prevents theft, captures direct consumer data, reduces operating costs and protects frontline workers and customers. The data collected by the kiosks during each interaction allow restricted product distributors, producers, researchers and policy makers to better understand the consumer and their consumption behaviour.

In terms of security, Dispension’s kiosks are comparable to an ATM, only rather than identifying someone with a bank card, ePortID’s technology identifies people by the internal vein patterns in the palms of their hands. ePortID’s software leverages the power of the Fujitsu PalmSecure® scanner to  provide the best biometric solutions on the market.

“It uses the highest accuracy biometrics on the market,” said Dispension President and CEO, Corey Yantha. “I can’t stress how important this is when operating in such highly regulated markets. With ePortID’s palm scanning technology, regulators have confidence in our kiosks’ ability to ensure that products can’t be accessed by anyone other than the intended recipient.”

Dispension’s kiosks, equipped with ePortID’s palm vein scanning access control system, are being used by the MySafe Society in a harm reduction initiative to reduce overdose deaths caused by deadly street drugs. The life-saving technology is being used across Canada to distribute a safe supply of prescription opioids to registered users who suffer from substance use disorder and have a dependency on fentanyl contaminated street drugs that can cause fatal overdoses. The project has received $3.5M from Health Canada’s Substance Use and Addictions Program and will undergo formal evaluation by the British Columbia Centre on Substance Use to assess efficacy and potential for expansion.

“ePortID is proud to be an integral part of this technology solution that saves lives” said Paul Labow, President and CEO of ePortID.

For more information please visit www.dispension.ca or contact us at info@dispension.ca

For more information please visit www.eportid.com or contact us at info@eportid.com

Monday, February 22, 2021

Close loopholes so only 'patriots' can run Hong Kong – Chinese official (business, politics)

Close loopholes so only 'patriots' can run Hong Kong – Chinese official
 | #TpromoCom | Speculation grows China seeking to block opposition candidates and overhaul judiciary (Guardian) http://bit.ly/3si5bgb

A top Chinese official has outlined plans to ensure only “patriots” run Hong Kong, as Beijing seeks to neuter any remaining democratic opposition and take a more direct role in how the business hub is run.

The landmark speech by Xia Baolong, the head of the Hong Kong and Macau Affairs Office, came two weeks before the annual meeting of China’s rubber-stamp legislature and as speculation grew that further measures were being planned to sew up control of the city. (read more)

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Monday, February 1, 2021

Alarm.com to Announce 2020 Fourth Quarter Financial Results on February 25, 2021


Alarm.com to Announce 2020 Fourth Quarter Financial Results on February 25, 2021 | #TpromoCom | Alarm.com Holdings, Inc. (Nasdaq: ALRM), the leading platform for the intelligently connected property, today announced that it will report 2020 fourth quarter financial results after the market close on Thursday, February 25, 2021. http://bit.ly/3arMwYh
 
Management will host a conference call and webcast to discuss the Company's financial results at 4:30 p.m. ET that same day.

What: Alarm.com 2020 Fourth Quarter Financial Results Conference Call
When: Thursday, February 25, 2021
Time: 4:30 p.m. ET
Conf ID: 5419089
Live Call: US/Canada Toll-Free: (866) 588-3290
International: (262) 558-6169
Replay: US/Canada Toll-Free: (855) 859-2056
International: (404) 537-3406
(Available approximately two hours after the completion of the live call until 7:30 p.m. ET on March 4, 2021)
Webcast: http://investors.alarm.com/

Contact TpromoCom for Content today 330-956-9003 (image)
 Contact TpromoCom for Content today 330-956-9003



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Wednesday, December 23, 2020

29% of SMBs report their company is at risk of going out of business due to COVID-19

29% of SMBs report their company is at risk of going out of business due to COVID-19 | #TpromoCom #COVID19 #Business #Financial | New research examines the shifting SMB landscape caused by COVID-19 and assesses new technological and communication needs http://bit.ly/3hcewC5

Recent research from Parks Associates’ New SMB Landscape: Devices, Communication, Security, Support reveals nearly 29% of SMBs report their company is at risk of going out of business due to COVID-19. The public health crisis and months of shelter-in-place orders have had a dramatic impact on SMBs in particular. New SMB Landscape: Devices, Communication, Security, Support, a primary study of US SMBs, provides insights on technology adoption and needs among SMB owners and IT personnel and examines the changes taking place as a result of reduced budgets and broad-scale shifts to work from home.

“SMBs at risk of going out of business are spending on technology products and services to transform their businesses to new conditions and overcome the existential challenges presented by the pandemic,” said Jennifer Kent, Senior Director, Parks Associates. “SMBs need their IT device vendors and service providers to be supportive and flexible, becoming trusted partners in pivoting their operations to new market realities.”

To read the remainder of this excellent report, click here!