Net Element (NASDAQ: NETE), a worldwide technology and
value-added solutions group, recently launched Blade, its proprietary, fully
automated underwriting solution with predictive scoring powered by artificial
intelligence (“AI”) (http://ibn.fm/rT3r4).
An article discussing the company reads, “Blade is developed for underwriting
and onboarding new merchants. The use of such an AI-powered solution brings
down potential risks and decision-making time while also enhancing customer
experience. The system compiles and analyzes data gathered and assessed based
on preset parameters using proprietary algorithms. Additionally, Blade is a
smart system that constantly adapts, improving the artificial intelligence
mechanism that powers the solution. . . . The Blade AI scoring system is
designed to provide a fast and accurate assessment of risk during the
onboarding process. It accounts for a wide range of factors, enabling more
effective and data-backed decision-making processes.”
To view the full article, visit http://ibn.fm/77nHF
About Net Element Inc.
Net Element (NASDAQ: NETE) operates a payments-as-a-service
transactional and value-added services platform for small to medium enterprise
(“SME”) in the United States and selected emerging markets. In the U.S., the
company aims to grow transactional revenue by innovating SME productivity
services using blockchain technology solutions and Aptito, the company’s
cloud-based, restaurant and retail point-of-sale solution. Internationally, Net
Element’s strategy is to leverage its omni-channel platform to deliver flexible
offerings to emerging markets with diverse banking, regulatory and demographic
conditions. Net Element was ranked as one of the fastest-growing companies in
North America on Deloitte’s 2017 and 2018 Technology Fast 500. In 2017, Net
Element was recognized by South Florida Business Journal as
one of 2016’s fastest-growing technology companies. Further information is
available at www.NetElement.com.
NOTE TO INVESTORS: The latest news and updates
relating to NETE are available in the company’s newsroom at http://ibn.fm/NETE
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