Latest news with #AIAgentApp
Business Wire
4 hours ago
- Business
- Business Wire
FUTR Surpasses 1,000,000 Transactions and USD$380 Million in Payments Volume With FinWise Bank
TORONTO--(BUSINESS WIRE)--The FUTR Corporation (TSXV: FTRC) (OTCQB: FTRCF) ("FUTR" or the "Company"), a consumer-centric platform for data valuation and monetization is pleased to announce a major operational milestone, passing 1,000,000 transactions and USD$380 million in payment transaction volume using FinWise Bank's payment rails. The platform has processed more than $3 billion in payments for nearly 300,000 users through automated cash flow and loan management. Since March 2024, these transactions have leveraged FinWise Bank's payment services, including multiple cost-efficient payment rails. FUTR also maintains monthly deposits at FinWise from transiting payments as part of the overall relationship. As FUTR expands into new consumer markets and introduces the AI Agent App, it expects significant growth in transaction volume, processed dollars, and deposits on its banking partner platforms. With new partners and a deepening of the FinWise partnership, FUTR also anticipates greater payment automation. Leveraging FinWise's efficient and cost-effective platform, FUTR earns convenience fees on transactions and basis points on transiting deposits. 'This milestone demonstrates consumers' strong trust in FUTR to deliver real savings and convenience with our automated cash management platform coupled with smart payment rails,' said Mindy Bruns, Chief Business Officer at FUTR. 'A major part of this value is access to solid infrastructure from FinWise. We're preparing for substantial growth in users and features in the months ahead.' 'We appreciate that FUTR recognizes our vision and the value of our payments platforms,' stated Robert Keil, SVP and Chief Fintech Officer at FinWise Bank. 'We are pleased with the customer migration and see a lot of value in FUTR's consumer-focused services. This partnership with FUTR also gives FinWise the opportunity to generate lower-cost deposits.' About The FUTR Corporation FUTR's AI Agent App is focused on putting money back in consumer's wallets through a unique data monetization rewards system, personalized offers as well as agent-driven smart payment management. The FUTR AI Agent App will allow Enterprises to get rewarded for contributing consented Consumer data to the Agent and allow Brands to leverage this data to improve personalization and customer acquisition. About FinWise Bank Corp. FinWise provides Banking and Payments solutions to fintech brands. Its existing Strategic Program Lending business, conducted through scalable API-driven infrastructure, powers deposit, lending and payments programs for leading fintech brands. As part of Strategic Program Lending, FinWise also provides a Credit Enhanced Balance Sheet Program, which addresses the challenges that lending and card programs face diversifying their funding sources and managing capital efficiency. In addition, FinWise manages other Lending programs such as SBA 7(a), Owner Occupied Commercial Real Estate, and Leasing, which provide flexibility for disciplined balance sheet growth. The Company is also expanding and diversifying its business model by incorporating Payments (MoneyRails ™) and BIN Sponsorship offerings. Through its compliance oversight and risk management-first culture, the Company is well positioned to guide fintechs through a rigorous process to facilitate regulatory compliance. Forward-Looking Statements This news release may contain forward-looking statements (within the meaning of applicable securities laws) which reflect the Company's current expectations regarding future events. Forward-looking statements are identified by words such as 'believe', 'anticipate', 'project', 'expect', 'intend', 'plan', 'will', 'may', 'estimate' and other similar expressions. These statements are based on the Company's expectations, estimates, forecasts, and projections and include, without limitation, statements regarding the future success of the Company's business. The forward-looking statements in this news release are based on certain assumptions. The forward-looking statements are not guarantees of future performance and involve risks and uncertainties that are difficult to control or predict. A number of factors could cause actual results to differ materially from the results discussed in the forward-looking statements. Readers, therefore, should not place undue reliance on any such forward-looking statements. Further, these forward-looking statements are made as of the date of this news release and, except as expressly required by applicable law, the Company assumes no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events or otherwise. Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Business Wire
05-08-2025
- Business
- Business Wire
FUTR to Integrate the FUTR Data Protocol and FUTR Utility Token into Its AI Agent App in Partnership with FUTR Foundation
TORONTO--(BUSINESS WIRE)-- The FUTR Corporation (TSXV: FTRC) ("FUTR" or the "Company"), a consumer-centric platform for data valuation and monetization is pleased to announce a major technology milestone and business evolution: the integration of the FUTR Data Protocol and FUTR Utility Token into the FUTR AI Agent App. FUTR's AI Agent App is designed to put money back in consumer's wallets through a powerful combination of a unique data monetization rewards system, personalized offers and intelligent agent-driven smart payment tools. By enabling direct consumer data contribution, as well as allowing Enterprises to contribute consented consumer data to AI Agents, the platform rewards participation by all stakeholders, while empowering Brands to enhance offer personalization and reduce customer acquisition costs. FUTR helps consumers avoid irrelevant and overwhelming 'marketing noise' by leveraging timely, complete, and transparent data—sourced directly from consumer contributions rather than through traditional, opaque methods like cookies and clickstream tracking. Key Product Suite Evolution – FUTR Data Protocol Build and Integration By partnering as the lead technology provider to the Foundation, the FUTR Corporation will assume multiple roles within the FUTR Data Protocol ecosystem—including Data Processor, Data Storage Provider, Fiat Partner, AI Agent Partner, Data Sales Enablement Partner, and Technology Operations and Platform Partner. Further details on each role can be found on the Foundation website. The FUTR Utility Token is issued by the Foundation and, as part of the MSA, the FUTR Corporation will manage the distribution to consumers and Enterprises that contribute – or 'stake' - data to the FUTR Data Protocol through its AI Agent App. The FUTR Corporation will also facilitate the packaging and provision of access to this data for Brands seeking to use it for opportunity identification. Brands will pay for data-driven leads using the FUTR Utility Token. All contributed consumer data and purchased leads will be priced by the FUTR Data Protocol. The FUTR Data Protocol also enables pricing and incentivization for Enterprises that contribute enriched, consented consumer data - creating a robust and transparent consumer data supply chain. Consumers are expected to redeem FUTR Utility Tokens in-app for AI Agent upgrades, premium products and services from Brand Partners, or convert them into Fiat under certain conditions. Enterprises and large consumers can also utilize FUTR Utility Tokens to reduce cash outlays for professional services obtained from ecosystem participants, as well as enterprise-level AI Agent capabilities. Enterprises that earn FUTR Utility Tokens by contributing consumer data can also redeem these tokens for lead generation, significantly reducing or even eliminating the cost of customer acquisition. In some cases, Enterprises may also have the ability to convert or liquidate tokens for cash. Key Business Model Evolution – FUTR Corp earns Service Revenue from FUTR Foundation As compensation for these technology services, FUTR Corporation will earn the following from the Foundation: Commissions on all Brand lead purchases A portion of the proceeds of any direct sales of the FUTR Utility Token from Foundation treasury and to strategic Brands A strategic reserve of 3% of the initially available aggregate FUTR Utility Tokens issued over 3 years As part of the AI Agent App and independent of the Foundation, FUTR Corporation will also earn fees from: Converting between fiat and FUTR Tokens with Consumers, Enterprises and Brands Premium AI Agent features for consumers denominated in tokens (agent customizations, power usage behaviour) Interchange and transaction fees from the FUTR Payment intelligent payment rails Other incremental data services for Enterprises and consumers The FUTR Data Protocol and FUTR Utility Token will initially launch on Coinbase's BASE blockchain network. Each FUTR AI Agent App will feature an embedded digital asset wallet, enabling users to store FUTR Utility Tokens and facilitate payment transactions seamlessly. FUTR expects initial integration of the FUTR Data Protocol and FUTR Utility Token to coincide with the launch of the FUTR AI Agent App in Q3 2025, with further comprehensive functionality to be rolled out through Q4. Launched In Partnership with the FUTR Foundation and FutureVault The FUTR Data Protocol was developed by the FUTR Foundation, a not-for-profit entity based in The Bahamas, with a mission to 'empower consumers and enable them to participate in the data economy by monetizing their data'. The FUTR Utility Token is issued by FUTR Ltd., a wholly owned subsidiary of the FUTR Foundation. As part of the governance structure of the MSA, a joint steering committee between FUTR Corporation and the Foundation has been formed. A core part of the FUTR technology stack used to build this protocol is a 10-year license to use the FutureVault intelligent data processing engine. As part of this agreement FutureVault will also become a core technology partner to the FUTR Data Protocol. A New Era in Personal Data 'The FUTR Data Protocol and FUTR Utility Token represent a new era in how we view and manage personal data,' said Alex McDougall, President of The FUTR Corporation. 'We know as individuals, our data is valuable, and being monetized by third parties, powering many aspects of the global economy, and that Brands are eager to engage with us as consumers - but until now, there hasn't been a simple or tangible way to capture that value and reward us, the consumer, for sharing our data. With the FUTR Utility Token, consumers finally have a meaningful incentive to reclaim control and sovereignty over their data.' 'We are pleased to be part of the dynamic and exciting ecosystem that The FUTR Corporation and FUTR Foundation are building. We are confident that our Intelligent Document Processing capabilities and our pioneering efforts in the digital vault space are going to add massive value to the FUTR Data Protocol and AI Agent App consumer value proposition' said Daniel Kenny CEO of FutureVault Inc. 'FUTR Corporation and FutureVault have been instrumental in conceptualizing the FUTR Data Protocol and we are thrilled to partner with them to fully build out and implement this truly innovative suite of technology' said Jim Allan, Council Member of the FUTR Foundation. About The FUTR Corporation FUTR's AI Agent App is designed to put money back in consumer's wallets through a unique data monetization rewards system, personalized offers and intelligent agent-driven payment and AI-powered life management tools. The platform also enables Enterprises to earn rewards for contributing consented consumer data to AI Agents, while allowing Brands to leverage this data to enhance personalization and significantly reduce customer acquisition costs. About The FUTR Foundation The FUTR Foundation DAO is the issuer of the FUTR Token. Established in 2022 in The Bahamas, the Foundation's mission is to empower consumers and enable their participation in the data economy by monetizing their personal data. The FUTR Foundation Council is comprised of Jim Allan and Eugene McBurney. To advance its mandate, the FUTR Foundation collaborates with leading global partners to develop the technology and infrastructure needed to bring this vision to life. About FutureVault FutureVault is pioneering the Client Life Management Vault™, providing an AI-powered Digital Vault Platform-as-a-Service driving Intelligent Document Processing for financial institutions, wealth enterprises, advisors, their clients as well as management, operations and compliance executives. FutureVault automates, aggregates, and centralizes client, advisor, and enterprise documentation (and data embedded within documentation) via bi-directional integrations and connections with other wealth tech providers. Data is extracted from documents in real time by leveraging private LLMs and OCR technology. FutureVault is certified as SOC 2 Type II and PCI DSS compliant and recognized as a 5-star WealthTech provider and a Top 100 Global WealthTech Innovator. Forward-Looking Statements This news release may contain forward-looking statements (within the meaning of applicable securities laws) which reflect the Company's current expectations regarding future events. Forward-looking statements are identified by words such as 'believe', 'anticipate', 'project', 'expect', 'intend', 'plan', 'will', 'may', 'estimate' and other similar expressions. These statements are based on the Company's expectations, estimates, forecasts, and projections and include, without limitation, statements regarding the future success of the Company's business and the consolidation of the Company's common shares. The forward-looking statements in this news release are based on certain assumptions. The forward-looking statements are not guarantees of future performance and involve risks and uncertainties that are difficult to control or predict. A number of factors could cause actual results to differ materially from the results discussed in the forward-looking statements. Readers, therefore, should not place undue reliance on any such forward-looking statements. Further, these forward-looking statements are made as of the date of this news release and, except as expressly required by applicable law, the Company assumes no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events or otherwise. Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Business Wire
16-07-2025
- Business
- Business Wire
FUTR Lists on OTCQB Marketplace under the Symbol FTRCF, Effective Immediately
TORONTO--(BUSINESS WIRE)-- The FUTR Corporation (TSXV: FTRC)(OTCQB: FTRCF) ("FUTR" or the "Company"), a consumer-centric platform for data valuation and monetization is pleased to announce that its common shares have commenced trading on the OTCQB marketplace under the symbol "FTRCF". The Company's common shares will continue to trade on the TSX Venture Exchange under the symbol FTRC. Listing on the OTC is expected to improve access to FUTR equity for US investors resulting in enhanced liquidity and a greater audience, in a market where FUTR Generates over 70% of its revenue today. The company awaits confirmation of DTC approval, expected in the coming weeks to provide easier access to US Investors to trade, The Company also settled debt of $360,000 in exchange for the issuance of an aggregate of 1,000,000 shares (the "Debt Settlement") at a price of $0.36 per share. The Debt Settlement relates to fees owed to an arms-length consultant who provided strategic advisory services. The Company determined satisfying the foregoing indebtedness with common shares allow cash to be directed to ongoing growth initiatives. The transaction is subject to approval of the TSX Venture Exchange. Any shares under the settlement will be subject to a customary four-month hold period from the date of issuance. The securities offered pursuant to the Debt Settlements have not been, nor will they be, registered under the United States Securities Act of 1933, as amended, and may not be offered or sold in the United States or to, or for the account or benefit of, U.S. persons absent registration or an applicable exemption from the registration requirements. This news release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in any jurisdiction in which such offer, solicitation or sale would be unlawful. The OTCQB Venture Market is for early stage and developing U.S. and international companies. Companies are current in their reporting and undergo an annual verification and management certification process. Investors can find real-time quotes and market information for the Company on About The FUTR Corporation FUTR's AI Agent App is focused on putting money back in consumer's wallets through a unique data monetization rewards system, personalized offers as well as agent-driven smart payment management. The FUTR AI Agent App will allow Enterprises to get rewarded for contributing consented consumer data to the Agent and also allow Brands to leverage this data to improve personalization and customer acquisition. Forward-Looking Statements This news release may contain forward-looking statements (within the meaning of applicable securities laws) which reflect the Company's current expectations regarding future events. Forward-looking statements are identified by words such as 'believe', 'anticipate', 'project', 'expect', 'intend', 'plan', 'will', 'may', 'estimate' and other similar expressions. These statements are based on the Company's expectations, estimates, forecasts, and projections and include, without limitation, statements regarding the future success of the Company's business and the consolidation of the Company's common shares. The forward-looking statements in this news release are based on certain assumptions. The forward-looking statements are not guarantees of future performance and involve risks and uncertainties that are difficult to control or predict. A number of factors could cause actual results to differ materially from the results discussed in the forward-looking statements. Readers, therefore, should not place undue reliance on any such forward-looking statements. Further, these forward-looking statements are made as of the date of this news release and, except as expressly required by applicable law, the Company assumes no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events or otherwise. FOR FURTHER INFORMATION PLEASE CONTACT: For more information regarding The FUTR Corporation, please contact: Jason Ewart, EVP, at 416-580-0721. For Investor Relations please contact ir@ Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
National Post
10-07-2025
- Business
- National Post
Seasoned Payments Executive Mindy Bruns Joins as New Leadership for FUTR Payments as it Prepares for Integration into the FUTR AI Agent App
Article content FUTR Corporation appoints Mindy Bruns as Chief Business Officer of FUTR Payments Ms. Bruns will form new leadership for the successful FUTR Payments product in preparation for its integration into the FUTR AI Agent App Ms. Bruns will also expand existing FUTR Payments growth initiatives across all verticals Ms. Bruns brings 20 years of payments leadership experience across technology, digital payments and global finance at industry leaders such as Aventiv Technologies, AllPaid, Ingo Money and MoneyGram International Article content TORONTO — The FUTR Corporation (TSXV: FTRC) ('FUTR' or the 'Company'), a consumer-centric platform for data valuation and monetization, is pleased to announce that Mindy Bruns has joined the team as Chief Business Officer to form a new leadership team for the FUTR Payments product (currently operating as Hank Payments) as it is integrated into the FUTR AI Agent App. Article content FUTR's AI Agent App is focused on putting money back in consumers' wallets through a unique data monetization rewards system, personalized offers as well as agent-driven smart payment management. The FUTR AI Agent App will allow Enterprises to get rewarded for contributing consented Consumer data to Agents and allow Brands to leverage this data to improve offer personalization and reduce customer acquisition cost. Article content Ms. Bruns joins FUTR to continue the growth and expansion of the successful FUTR Payments product, launch its 2.0 Advanced Cash Management platform, and spearhead its integration into the broader FUTR AI Agent App expected to be launched in Q3. Article content Ms. Bruns will have P&L ownership, cross-functional accountability and responsibility for strategic execution in this new evolution of the FUTR Payments product, which currently has over 42,000 users and has processed over US$3bn in value for curated consumer payment events. FUTR Payments will form a key component of the FUTR AI Agent App as it connects comprehensive intelligent payment rails to personalized FUTR AI Agents. This allows highly tailored and automated payment plans saving Consumers $1,000s in interest and helping to build equity in their vehicles and homes faster. Article content Ms. Bruns brings 20 years of leadership experience across technology, digital payments and global finance. Known for driving rapid, cost-based transformation and delivering scalable growth, Ms. Bruns has a consistent track record of exceeding delivery and quality expectations. She has held senior roles at industry leaders such as Aventiv Technologies, AllPaid, Ingo Money and MoneyGram International where she leveraged her expertise in revenue acceleration, product strategy optimization and team development to drive meaningful outcomes. Ms. Bruns holds an MBA from the University of Dallas. Article content 'This is an extremely exciting opportunity for me as a leading-edge payments executive. FUTR Payments has saved consumers millions of dollars of interest since inception and manages over $2B USD in loan balances and payments with zero balance sheet risk. We believe we are just barely scratching the surface, and in my 20 years I haven't seen anything so robust in the market,' said Ms. Bruns. 'With the further integration into the FUTR AI Agent App and drastically expanding our industry reach and consumer base, we believe we are well positioned for significant growth in the USA and Canada.' Article content 'Connecting intelligent agents and intelligent payment rails is critical to the value proposition of the FUTR AI Agent App. The FUTR Payments product has been very successful historically with predictable recurring revenue that grows year over year. Now with expanded investment and Mindy's exceptional experience we believe we are ideally positioned to continue and significantly expand that proven success,' said Alex McDougall, President of The FUTR Corporation. Article content About The FUTR Corporation Article content FUTR's AI Agent App is focused on putting money back in consumers' wallets through a unique data monetization rewards system, personalized offers as well as agent-driven smart payment management. The FUTR AI Agent App will allow Enterprises to get rewarded for contributing consented Consumer data to the Agent and allow Brands to leverage this data to improve personalization and customer acquisition. Article content Article content Forward-Looking Statements Article content This news release may contain forward-looking statements (within the meaning of applicable securities laws) which reflect the Company's current expectations regarding future events. Forward-looking statements are identified by words such as 'believe', 'anticipate', 'project', 'expect', 'intend', 'plan', 'will', 'may', 'estimate' and other similar expressions. These statements are based on the Company's expectations, estimates, forecasts, and projections and include, without limitation, statements regarding the future success of the Company's business and the consolidation of the Company's common shares. The forward-looking statements in this news release are based on certain assumptions. The forward-looking statements are not guarantees of future performance and involve risks and uncertainties that are difficult to control or predict. A number of factors could cause actual results to differ materially from the results discussed in the forward-looking statements. Readers, therefore, should not place undue reliance on any such forward-looking statements. Further, these forward-looking statements are made as of the date of this news release and, except as expressly required by applicable law, the Company assumes no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events or otherwise. Article content Article content Article content Article content Article content
