Liquid Avatar empowers users to manage, control and benefit from their online identity and data
Access to up to 2,000 US Colleges and Universities with reach of up to 1.5 Million Students 
ABN North America launches the KABN prepaid Visa Card to support its Liquid Avatar users and provides online banking solutions with XTM Inc.
Karsten Wenzlaff, Advisor
August 26th, 2025
Karsten Wenzlaff is a Crowdfunding and Fintech Expert from Germany. He is Secretary-General of Digit[...]
Category Archives: Press Releases
Revolut and Chubb Team Up to Provide Insurance Options to Fintech’s customers
AltFi | Aisling Finn | Jan 20, 2021
The new partnership will cover payment protection, refund protection and ticket cancellation.
Insurance giant Chubb has teamed up with digital banking provider Revolut to offer a broader range of insurance to Revolut’s customers.
Chubb will offer Revolut customers insurance products like purchase protection, refund protection and ticket cancellation when a Revolut card is used.
See: Stop Calling Them ‘Dumb Money’: Retail Investors Are Revolutionizing the Stock Market
The new policy also covers when a customer has a confirmed Covid-19 diagnosis and can’t use event tickets purchased using their Revolut account.
Felix Jamestin, head of Premium Product at Revolut, said: "We're always looking to provide the best value possible to our customers and help them get more from their money.”
“We're constantly improving our paid plans and are delighted to partner with Chubb to add purchase protection, refund protection and ticket cancellation for our customers."
The newest insurance addition is just the latest to be added to Revolut’s ‘super app’ as it bundles in feature after feature to make its service ever-more valuable to customers.
Chubb and Revolut will roll the new insurance out across 22 different countries—Revolut operates in 37 different countries and it is not yet clear which lucky countries have made the list.
See: Here is why InsurTech is heating up as an investment category
Goulven Thépot, regional head of Underwriting, Accident and Health in Continental Europe, added:
"Our new partnership with Revolut marks a significant step for Chubb as we continue to drive relationships in the digital space.”
“We are looking forward to working with the Revolut team to deliver valuable insurance solutions to their customers."
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The National Crowdfunding & Fintech Association (NCFA Canada) is a financial innovation ecosystem that provides education, market intelligence, industry stewardship, networking and funding opportunities and services to thousands of community members and works closely with industry, government, partners and affiliates to create a vibrant and innovative fintech and funding industry in Canada. Decentralized and distributed, NCFA is engaged with global stakeholders and helps incubate projects and investment in fintech, alternative finance, crowdfunding, peer-to-peer finance, payments, digital assets and tokens, blockchain, cryptocurrency, regtech, and insurtech sectors. Join Canada's Fintech & Funding Community today FREE! Or become a contributing member and get perks. For more information, please visit: www.ncfacanada.org
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KABN to Release Liquid Avatar in App Stores Feb 18 to Further Progress Self Sovereign Identity
KABN | Cara Buckspan | Jan 26, 2021
Liquid Avatar empowers users to manage, control and benefit from their online identity and data
TORONTO, ON / ACCESSWIRE / January 26, 2021 / KABN Systems NA Holdings Corp. (CSE:KABN)(OTC PINK:TRWRF)( FRA:4T51) (the "Company", "KABN North America" or "KABN NA") (www.kabnsystemsna.com), a North American Fintech solutions company specializing in empowering individuals to manage, control and generate value from their biometrically-verified Self Sovereign Identity ("SSI") through its Liquid Avatar (www.liquidavatar.com) platform, will be releasing its live, open beta app globally in the Google Play and Apple App stores on February 18, 2021, subject to all final approvals .
Liquid Avatar, available at no cost to consumers, makes it easy for individuals to start and maintain the process of managing their SSI/digital identity. With the ability to share that with their friends, family, colleagues, and others easily, safely, and securely through biometrically enabled Self Sovereign Identity tools and services.
See: Digital Identity Isn’t Only For People
The Liquid Avatar platform allows users create high quality digital icon representations of themselves which can be used to easily share what they want, when they want, and with whom they want. Liquid Avatar users will also be able to create digital wallets to manage and store a wide range of verifiable identity and access credentials, and to take their conventional identity online, allowing users to prove themselves as easily and effectively as they do in the "real world".
With online identity and data management at the forefront of the global regulatory and legislative landscape, the addressable market for services, such as Liquid Avatar, can potentially be 100% of the online market, over 400 Million people in North America and over 5 Billion people worldwide.
As a verified platform, an individual user of Liquid Avatar can only have one account (with possibly multiple digital personas) which potentially reduces the ability for bad actors to create bots and fake accounts. Liquid Avatar users know that when they use and interact with other Liquid Avatar users, they are dealing with real, known people.
Liquid Avatar users are able to select from 1000's of combinations of facial features to create their perfect digital representations of themselves - all at no cost. Users can also visit the Liquid Avatar Marketplace (www.liquidavatarmarketplace.com) if they are interested in purchasing custom icons from leading pop-culture, anime, and comic book artists. In the future, users will also be able to upload certain personalized images and logos to represent their avatars.
See: Liquid Avatar Partners with The Campus Agency to Reach 2,000 US University and Colleges
KABN NA together with Liquid Avatar are already working with key partners like Vancouver-based Disrupted Logic Inc., which has access to millions of online gamers and Boston-based The Campus Agency that has relationships with over 2,000 US colleges and universities and their students, alumni, and families. Liquid Avatar also has agreements with Loop Insights Inc., TripXpertz and XTM Inc. to increase opportunities for integration and engagement and expects to add additional partnerships and distribution programs in the coming months.
While Liquid Avatar is free to consumers and KABN and Liquid Avatar never sells or rents data, the Company believes that verified, known users can create increased value for themselves and select marketers and vendors. Through the Liquid Avatar platform and approved, permission-based communications, Liquid Avatar will offer up value-based opportunities users can select. At the same time, Liquid Avatar partners who want to reach real, known users will be willing to provide increased value as they won't be spending money to reach fake users and bots.
"Self Sovereign Identity will become, in our opinion, a major pillar of the Internet, like communications, browsers, and search, making it universally applicable to everyone online," said David Lucatch, CEO KABN. "We are excited to bring Liquid Avatar to the online market, and unlike traditional business models, Liquid Avatar is focused squarely on individuals and consumer users, making it a Consumer-to-Business initiative."
KABN NA also has its KABN KASH rewards and loyalty program, with over 300 major online vendors, that will provide Liquid Avatar users with cash back incentives for purchases they make through KABN KASH. This program, together with the KABN Visa Card (initially available in Canada with the US and other regions under review), provides users with new and innovative ways to create and earn value.
See: PwC Report: Canadian Digital Trust Insights 2021: Cybersecurity comes of age
KABN NA will earn potential revenues through card transaction fees, comarketing, bounties, commissions, and other fees paid by partners and vendors. The Company believes that other consumer and revenue programs will emerge as Liquid Avatar gains traction in the market.
Liquid Avatar will launch in phases, as the Company prepares and tests additional service and program offerings to make it easier for users to become familiar with the Liquid Avatar platform, Self Sovereign Identity and Verifiable Credentials.
Interested individuals can sign up for Liquid Avatar and receive information and notices on upcoming releases and services by visiting www.liquidavatar.com
If you would like to join our mailing list and receive updates on KABN Systems NA Holdings Corp., please click here
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The National Crowdfunding & Fintech Association (NCFA Canada) is a financial innovation ecosystem that provides education, market intelligence, industry stewardship, networking and funding opportunities and services to thousands of community members and works closely with industry, government, partners and affiliates to create a vibrant and innovative fintech and funding industry in Canada. Decentralized and distributed, NCFA is engaged with global stakeholders and helps incubate projects and investment in fintech, alternative finance, crowdfunding, peer-to-peer finance, payments, digital assets and tokens, blockchain, cryptocurrency, regtech, and insurtech sectors. Join Canada's Fintech & Funding Community today FREE! Or become a contributing member and get perks. For more information, please visit: www.ncfacanada.org
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Liquid Avatar Partners with The Campus Agency to Reach 2,000 US University and Colleges
KABN | Cara Buckspan | Jan 19, 2021
Access to up to 2,000 US Colleges and Universities with reach of up to 1.5 Million Students
TORONTO, ON / ACCESSWIRE / January 19, 2021 / KABN Systems NA Holdings Corp. (CSE:KABN)(OTC PINK:TRWRF)(FRA:4T51) (the "Company", "KABN North America" or "KABN NA"), a North American Fintech solutions company specializing in empowering individuals to manage, control and generate value from their biometrically-verified Self Sovereign Identity ("SSI") through its Liquid Avatar platform, announces today that it has entered into an agreement to partner with US based, The Campus Agency to create innovative engagement programs for Liquid Avatar to reach the US college and university student, alumni and family market.
KABN NA and The Campus Agency will be working together to engage micro-influencers, develop and launch innovative engagement and Augmented Reality programs to introduce the college and university market to the Liquid Avatar and KABN value programs. The partnership goals are to increase brand awareness, maximize engagement, educate users on the value proposition of Self Sovereign Identity, and generate user benefits and revenue for the partnership program.
See:
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Law reform to move identity verification online
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Digital IDs Help Open Banking Reach Its Fullest Potential
With reach to over 2,000 US College and University campuses and over 1.5 Million Gen Z students, alumni and families, The Campus Agency has been supporting innovative direct to student and online marketing programs for over 40 years.
"We're excited to bring our 40 years of creating success on campus and digital initiatives to Liquid Avatar and to bring this important and innovative program to our collegiate communities, allowing users to manage and control their digital identity and future credentials safely and securely," said Chris Nyland, Chief Operating Officer, The Campus Agency. "This is our second program with KABN North America and Liquid Avatar, as we're already jointly a part of the COVID-19 consortium for creating Verifiable Identity Healthcare Credential."
KABN North America's mission is to empower users to manage, control and financially benefit from their biometrically verified Self Sovereign Identity. Launching in the coming weeks, KABN NA's Liquid Avatar platform allows users to create high quality digital icons of themselves, representing various facets of their personality that allows them to share what they want, when they want, and with whom they want, as easily as sharing an image. Liquid Avatar users will also be able to create digital wallets to manage and store a wide range of verifiable identity and access credentials, providing users with the tools and services to take their conventional identity online, and prove themselves as easily and effectively as they do in the "real world".
"The collegiate market and Gen Z cohort are primary opportunities for Liquid Avatar and KABN" said David Lucatch, CEO KABN. "These groups are major influencers to their friends and families, and we believe that we can offer users a wealth of value and increase their ability to manage their Self Sovereign Identity through our tools and services. The Campus Agency is the perfect organization to complement our efforts and to partner with."
See: PwC Report: Canadian Digital Trust Insights 2021: Cybersecurity comes of age
KABN KASH, in combination with its KABN Visa Card (currently available in Canada with expansion opportunities for the US currently being explored), provides access to over 300 brand-named merchants that will reward users with cash back on their online purchases.
If you would like to join our mailing list and receive updates on KABN Systems NA Holdings Corp., please click here
Continue to the original release --> here
The National Crowdfunding & Fintech Association (NCFA Canada) is a financial innovation ecosystem that provides education, market intelligence, industry stewardship, networking and funding opportunities and services to thousands of community members and works closely with industry, government, partners and affiliates to create a vibrant and innovative fintech and funding industry in Canada. Decentralized and distributed, NCFA is engaged with global stakeholders and helps incubate projects and investment in fintech, alternative finance, crowdfunding, peer-to-peer finance, payments, digital assets and tokens, blockchain, cryptocurrency, regtech, and insurtech sectors. Join Canada's Fintech & Funding Community today FREE! Or become a contributing member and get perks. For more information, please visit: www.ncfacanada.org
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Neo Financial Partners with Concentra Bank to Offer a CDIC-Eligible High-Interest Savings Account
Neo Financial and Concentra | Jan 13, 2021
CALGARY, Alberta--(BUSINESS WIRE)--Neo Financial (Neo), a Calgary-based fintech company created by two of the co-founders of SkipTheDishes, has announced a first-of-its-kind collaboration with Concentra Bank (Concentra), a Schedule 1 bank that is quietly fuelling innovation. Through this relationship, Neo is the first Canadian fintech company to offer a CDIC-eligible high-interest savings account that works like an everyday banking account. The accounts are held at Concentra, a Canada Deposit Insurance Corporation (CDIC) member bank. Together, Neo and Concentra have opened the door for innovation that has historically not been accessible within Canada’s consumer banking sector.
“Canada’s banking sector continues to trail other countries, using technology that is more than 50 years old, and unable to innovate. This is why we set out to rebuild it from scratch. We wanted to create a seamless consumer-first experience, specifically for Canadians,” says Andrew Chau, Founder and CEO, Neo Financial. “Our collaboration with Concentra Bank is a great example of how new technology companies can work with industry partners to innovate better and faster to ensure Canada doesn’t fall behind.”
“We’re different from many banks—we’re open to creative ideas and solutions for our customers and we’re less rigid in our approach to innovation, while managing regulatory requirements,” says Don Coulter, President & CEO of Concentra Bank. “Collaboration with fintechs is central to our strategy. We have a strong history of working with fintechs and will continue to do so. We’re proud to work with Neo Financial to bring this great new savings product to Canadians.”
See:
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Why Partnerships Are the Future for Fintech
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SkipTheDishes co-founders look to shake up banking as Neo Financial hits the market
Neo’s proprietary technology has been designed to simplify finances and create rewarding experiences for Canadians. Neo Savings is a high-interest savings account that can be opened in minutes from your phone, and presently earns up to 30 times more* than other traditional Canadian banks.
“Our team is dedicated to creating a cultural shift in how Canadians bank. This means not only modernizing the current consumer experience, but rethinking the institution as a whole. Through collaboration with organizations like Concentra Bank, I believe the future of Canadian banking will be accessible, empowering and innovative in ways we haven’t thought possible. I hope Canadians are as excited as we are to create this change and build something substantial here in Canada,” says Andrew.
Continue to the full article --> here
The National Crowdfunding & Fintech Association (NCFA Canada) is a financial innovation ecosystem that provides education, market intelligence, industry stewardship, networking and funding opportunities and services to thousands of community members and works closely with industry, government, partners and affiliates to create a vibrant and innovative fintech and funding industry in Canada. Decentralized and distributed, NCFA is engaged with global stakeholders and helps incubate projects and investment in fintech, alternative finance, crowdfunding, peer-to-peer finance, payments, digital assets and tokens, blockchain, cryptocurrency, regtech, and insurtech sectors. Join Canada's Fintech & Funding Community today FREE! Or become a contributing member and get perks. For more information, please visit: www.ncfacanada.org
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KABN North America and Imagine AR Bring Augmented Reality to Liquid Avatar’s Verified Self Sovereign Identity Users
KABN North America | Cara Buckspan | Jan 12, 2021
New services empower Liquid Avatar users to receive & share Augmented Reality social messages, rewards, and commercial offers instantly
TORONTO, ON, VANCOUVER, BC, and ERIE, PA / ACCESSWIRE / ACCESSWIRE / January 12, 2021 / KABN Systems NA Holdings Corp. (CSE:KABN)(OTC PINK:TRWRF)(FRA:4T51) (the "Company", "KABN North America" or "KABN NA") and Imagine AR Inc. (IP)(IPNFF) ("ImagineAR"), are excited to announce the execution of a multi-year licensing agreement to launch Augmented Reality ("AR") immersive experiences integrated with Liquid Avatar. Liquid Avatar empowers users to manage, control and gain value from their biometrically verified Self Sovereign Identity and personal data ownership.
Using ImagineAR's licensed AR SDK and cloud-based studio suite, KABN will deliver a series of dynamic AR interactions to Liquid Avatar mobile app users starting in early 2021. Liquid Avatar users will experience immersive consumer AR-based social, event, educational and information-based messages. Commercial enterprises and media companies will present dynamic measurable interactive AR offers to Liquid Avatar users knowing the consumer is real and verified thereby significantly reducing marketing waste and breakage. The range of opportunities are potentially limitless as Liquid Avatar's Self Sovereign Identity platform is addressable to up to 100% of all online users.
See: KABN North America and Liquid Avatar Unveils New Challenger Banking Program
Liquid Avatar users will soon be able to create and share interactive 3D greetings and messages that are automatically integrated with their Liquid Avatar icons and can be experienced inside the Liquid Avatar app. Liquid Avatar users will also be able to share AR enabled resumes, invitations, event programs, and other information with their social connections. Additionally, Liquid Avatar is exploring interactive digital wallets, which will allow users to easily visualize all their in-wallet verifiable access and identity credentials, like those for healthcare, gaming, travel, financial services, education, ecommerce, and government services.
"Augmented Reality provides a new way to see the world around us and allows KABN to empower Liquid Avatar's known and verified users to take advantage of this interactive technology to engage with friends, family, and other connections," said David Lucatch, CEO KABN. "ImagineAR's platform provides immersive experiences and an effective way for us to instantly deliver AR opportunities to our constituents, therefore creating revenue and value opportunities for our expanding user base."
Exploring other partnership programs, KABN NA and ImagineAR will enable commercial enterprises and media companies to create and deliver fully immersive AR experiences, allowing users to have a 3D view of products and services, whether they are shopping online, or visiting a specific geo-location like a shop, restaurant, etc. Movie trailers, in-shopping and music videos, online concerts and other media productions, menus, schedules, podcasts and other items can "come alive" online or right at the location, along with any special bonuses, rewards, offerings and incentives.
For the travel industry, users can review immersive experiences directly from printed materials, on locations, venues and resorts. The education and information services sector can create and deliver interactive engagement opportunities to convey information and choices.
"We are thrilled to partner with KABN to provide our AR expertise, knowledge and products to their Liquid Avatar users," says Alen Paul Silverrstieen, Founder and CEO of ImagineAR. "KABN's programs provide engagement with known and verified users, creating the type of value our clients are looking for, and our multi-year agreement allows us to quickly ramp up our programs and create long-term value for our stakeholders."
See: KABN’s Liquid Avatar partners with Geon Network for Augmented Reality
Industry Information:
According to FinancesOnline.com's - 45 Vital Augmented Reality Statistics 2020 - Market Share & Data Analysis and Digitalintheround.com's report, 21 Amazing Augmented Reality Statistics [The 2020 View]:
- The AR market was worth roughly $3.5 billion in 2017 and will reach a staggering $198 billion in 2025.
- There will be an estimated 2.4 billion users of mobile AR worldwide by 2023 (Statista).
- Most users of AR are in the 16 - 34 age group.
- 44% of consumers under 40 have used AR technology for shopping (Statista).
- 55% of consumers highlighted music and concerts as an area where AR experience would be of greatest benefit to them (Statista).
- 48% of consumers would likely shop at a retailer that utilizes or offers AR. Meanwhile, 32% of retailers plan to utilize AR within 3 years.
- 61% of consumers prefer to make purchases from sites that offer augmented technology (Invespcro).
- 77% of customers prefer to use augmented reality capabilities to preview product variations such as color or style differences (Invespcro).
- To improve consumer engagement, 67% of media agency executives want more AR and VR ads incorporated into digital marketing campaigns.
- 70% of consumers believe AR technology can help them learn new and professional skills.
If you would like to join our mailing list and receive updates on KABN Systems NA Holdings Corp., please click here.
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The National Crowdfunding & Fintech Association (NCFA Canada) is a financial innovation ecosystem that provides education, market intelligence, industry stewardship, networking and funding opportunities and services to thousands of community members and works closely with industry, government, partners and affiliates to create a vibrant and innovative fintech and funding industry in Canada. Decentralized and distributed, NCFA is engaged with global stakeholders and helps incubate projects and investment in fintech, alternative finance, crowdfunding, peer-to-peer finance, payments, digital assets and tokens, blockchain, cryptocurrency, regtech, and insurtech sectors. Join Canada's Fintech & Funding Community today FREE! Or become a contributing member and get perks. For more information, please visit: www.ncfacanada.org
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Paypal Backs Expense Management Fintech Divvy to Unicorn Valuation at $1.6 billion
Bloomberg | Jennifer Surane | Jan 5, 2021
Divvy, the financial-technology company that offers corporate cards and expense-management software to small businesses, said it’s now valued at $1.6 billion after raising money from investors including PayPal Holdings Inc.
The $165 million fundraising round, which also included participation from previous backers including NEA and Pelion Venture Partners, made Divvy a unicorn, meaning it has a valuation of more than $1 billion.
See: Global Fintech Ecosystem Report Launch | Top 20 Ranking
Thousands of small businesses have permanently closed during the pandemic after being forced to shut down to stem the spread of Covid-19. For those that remain, accessing capital and gaining control over finances have been paramount. Demand for Divvy’s products has surged during the pandemic, with monthly sign-ups climbing 500% since March, the company said in a statement Tuesday.
“Small businesses are the backbone of the United States and our software plays a significant role in ensuring that they not only survive, but thrive during these conditions,” Divvy Chief Executive Officer Blake Murray said in an email.
The National Crowdfunding & Fintech Association (NCFA Canada) is a financial innovation ecosystem that provides education, market intelligence, industry stewardship, networking and funding opportunities and services to thousands of community members and works closely with industry, government, partners and affiliates to create a vibrant and innovative fintech and funding industry in Canada. Decentralized and distributed, NCFA is engaged with global stakeholders and helps incubate projects and investment in fintech, alternative finance, crowdfunding, peer-to-peer finance, payments, digital assets and tokens, blockchain, cryptocurrency, regtech, and insurtech sectors. Join Canada's Fintech & Funding Community today FREE! Or become a contributing member and get perks. For more information, please visit: www.ncfacanada.org
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KABN North America and Liquid Avatar Unveils New Challenger Banking Program for Verified Self Sovereign Identity Users
KABN | Cara Buckspan | Jan 6, 2021
ABN North America launches the KABN prepaid Visa Card to support its Liquid Avatar users and provides online banking solutions with XTM Inc.
TORONTO, ON / ACCESSWIRE / January 6, 2021 / KABN Systems NA Holdings Corp. (CSE:KABN)(OTC PINK:TRWRF)(FRA:4T51) (the "Company", "KABN North America" or "KABN NA") (www.kabnsystemsna.com), a North American Fintech solutions company specializing in empowering individuals to manage, control and generate value from their biometrically-verified Self Sovereign Identity ("SSI") through its Liquid Avatar (www.liquidavatar.com) platform, announces today that together with fintech innovator, XTM Inc. (CSE:PAID), it will launch its KABN prepaid Visa Card and digital banking platform to support its partnered challenger bank initiatives in North America.
The partner managed platform will initially include a multi-currency and KABN KASH integrated account platform, connected to the KABN Visa Card, which has the capability to add additional 3rd party currency, investment, and other financial services solutions. These services will be available through the Liquid Avatar app, which provides users with a biometrically, verified, SSI solution allowing them to manage a wide range of verifiable credentials, online site and program access, and data permissions, putting control over personal data where it belongs - in the hands of its owners.
See: KABN North America and Loop Insights Partner to Launch AI Driven Merchant and Consumer Rewards Programs, Secured by Biometrics and Blockchain
With all of the necessary approvals and partnership agreements in place, KABN North America will begin rolling out the program in Canada throughout the first quarter of 2021 and has plans to continue its card program rollout to the U.S. and other geographic regions subject to all necessary approvals. Users can sign up for their card through the Liquid Avatar app or by visiting (www.kabncard.com)
"We're excited to launch our challenger bank program, with XTM, as our first financial services offering, to those with a verified Self Sovereign Identity," said David Lucatch, CEO KABN. "Our goal is to power Liquid Avatar users and other partner program participants to be able spend a blend of traditional and digital currencies, like cash back balances from KABN KASH, while ensuring that they manage and control their identity, data and the respective value it creates."
KABN Visa cardholders will be able to enhance their spending power wherever Visa is accepted, online and in more than 200 countries and territories worldwide. They will be automatically enrolled in KABN KASH (www.kabnkash.com), a customized consumer experience where users can earn cash back on transactions with a growing list of over 250 brand name online merchants. Cardholders will also have access, through our managed partner programs, to a customized online and mobile banking experience that allows for integration to a host of unique value-based services and offers.
"KABN's unique business model creates opportunities to convert a growing number of qualified, authenticated users into active program participants," says Marilyn Schaffer, CEO of XTM. "This is our second initiative with KABN North America, as we recently joined their healthcare consortium to introduce our other program participants to the COVID-19 verifiable identity healthcare credential."
The challenger bank and Visa card offering come at an opportune time. According to a recent report from Payments Canada, entitled Canadian Payments: Methods and Trends 2020 (https://bit.ly/3b2M0l6), there has been a surge in electronic payments, representing about 77% of all transactions with debit cards making up about 28% of total payment volumes. Further key findings included that 86% of Canadians made online purchases in 2019, accounting for over $54 billion in values, with footwear and fashion representing over 50% of online purchases; 18% made in-app purchases and 15% made purchases from gaming consoles or Internet of Things (IoT) devices. There were over 540 million online transfers accounting for over $178 billion in value.
See: NCFA OpEd: Canada’s Open Banking Consultations: Let’s Get it Done!
The report also looked at the impact of COVID-19 which indicates initially that while Canadians were spending less overall, there was an accelerated decline in the use of cash and an expected increase in the volume and value of e-commerce and online spending as more people shop from home and more businesses are expected to pivot to e-commerce in order to meet consumer demand and reduce overall costs.
As part of its onboarding strategy for the KABN prepaid Visa cardholders, KABN North America, via its Liquid Avatar verified self-sovereign identity platform, provides state of the art, "Always On" identity verification and validation services at no charge to consumers. This allows users to create, manage and control verifiable credentials to digitally prove their identity and provide access continuously without the hassle of needing to reverify time and time again to a growing list of online service providers, healthcare initiatives, and other value-based programs. In turn, validated users are qualified for unique and customized financial services and offers including the KABN prepaid Visa card, KABN KASH and other value-based opportunities, subject to permissions and necessary approvals
KABN North America is currently exploring further opportunities to expand the KABN Card program to the United States and other geographic regions as part of the KABN Network.
If you would like to join our mailing list and receive updates on KABN Systems NA Holdings Corp., please click here
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The National Crowdfunding & Fintech Association (NCFA Canada) is a financial innovation ecosystem that provides education, market intelligence, industry stewardship, networking and funding opportunities and services to thousands of community members and works closely with industry, government, partners and affiliates to create a vibrant and innovative fintech and funding industry in Canada. Decentralized and distributed, NCFA is engaged with global stakeholders and helps incubate projects and investment in fintech, alternative finance, crowdfunding, peer-to-peer finance, payments, digital assets and tokens, blockchain, cryptocurrency, regtech, and insurtech sectors. Join Canada's Fintech & Funding Community today FREE! Or become a contributing member and get perks. For more information, please visit: www.ncfacanada.org
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