NEW YORK, Aug. 14, 2018 (GLOBE NEWSWIRE) -- via NetworkNewsAudio - NetworkNewsAudio (NNA), a NetworkNewsWire (NNW) Solution that delivers clients unparalleled visibility, recognition and brand awareness in the investment community, today announces the online availability of its interview with Accelerated Technologies Holding Corp. (OTC: ATHC), a client of NNW that specializes in cloud-based disruptive technologies.
The interview can be heard at http://nnw.fm/a69UF.
NNW’s Stuart Smith introduces Managing Director Alex Lemberg to an interview that reviews the unique ATHC business model, milestones and initiatives for moving forward with end-to-end fintech solutions.
With a management team adept in financial services, ATHC in the last 15 years has honed its expertise in financial products, merchant services and small to medium-sized businesses, and is focused on finding and correcting inefficiencies in the market.
Through its four subsidiaries, ATHC creates and implements comprehensive models that eliminate inefficiencies in goods and services, enabling merchants to increase traffic, obtain more cost-effective funding, and consolidate services needed to run an efficient and effective business.
After discussing high customer acceptance of ATHC solutions - an 80 to 85-percent conversion ratio with merchants that contacted the company off its latest Intelagy campaign – Lemberg details how ATHC’s position as a tech company enables it to eliminate unnecessary and extensive processes that don’t support actual merchant services.
For example, instead of paying based on a percentage of sales and being dinged at a higher rate for how well a business is doing, ATHC provides a subscription model with no contracts or obligations in order to drive down the costs of credit card processing. This results in low, fixed-rate costs that range from only $29 per month for organizations with $100,000 in merchant processing, to the highest model of $199 for businesses conducting over $1 million per year in credit card processing.
ATHC aims to reach 1,000 merchants in 2018 and expects to easily hit this target through referrals from satisfied business owners that have realized cost savings through ATHC’s model, as well as improvements in the merchant processing space.
Guided by a management team with 50 years of combined experience with large organizations and finding inefficiencies, Lemberg says ATHC is “taking that level of experience, married to a very good technology platform, and bringing that down to the medium and small-sized business owner.”
Wrapping up the interview, Lemberg discusses the company’s Finbridge subsidiary which is designed to find the inefficiencies in organizations that provide consumer loans and improve their operations, bridging them to reduced costs of capital with better controls and lowered risk factors for the institutional side to pass through to the merchant.
ATHC aims to not only assist clients in becoming more cost effective from a credit card processing perspective, but also provide more affordable and sustainable financing products for business growth and scaling.
About Accelerated Technologies Holding Corp.
Accelerated Technologies is a full-service end-to-end business solution and technology company that specializes in cloud-based disruptive technologies. The Company provides consulting and enterprise-level technology services and is developing its own disruptive technology products in the sectors of artificial social realities, short-term alternative funding platforms, electronic payment solutions, and blockchain technologies focused on social engagement, sports, entertainment and content creation. ATHC and its economies of scale enable the Company to develop technology at reasonable costs while leveraging expertise and contacts for effective execution. ATHC’s investment domain and expertise lies in consumer Internet, cloud computing and software-as-a-service (SaaS), mobile software and services, software-powered consumer electronics, infrastructure and applications software, networking, storage, databases and other backend systems.
For more information, visit the company’s website at www.ATHCorp.com.
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Forward-Looking Statements
This release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. All forward-looking statements are inherently uncertain as they are based on current expectations and assumptions concerning future events or future performance of the company. Readers are cautioned not to place undue reliance on these forward-looking statements, which are only predictions and speak only as of the date hereof. In evaluating such statements, prospective investors should review carefully various risks and uncertainties identified in this release and matters set in the company's SEC filings. These risks and uncertainties could cause the company's actual results to differ materially from those indicated in the forward-looking statements.
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