- Fobi AI (FOBI) has signed a one-year agreement with a large US stock exchange
- Fobi will provide its CheckPoint digital venue management and access solution
- Fobi will earn revenue on this deal through an initial setup fee and ongoing revenue from a per-pass license fee
- Fobi AI is a data intelligence company that turns real-time data into actionable insights and personalized customer engagement
- Shares of Fobi AI (FOBI) opened trading at C$0.81
Fobi AI (FOBI) has signed a one-year agreement with a large US stock exchange to provide Fobi’s CheckPoint digital venue management and access solution.
Fobi is enabling this stock exchange to provide an automated, contactless, and verified point of entry, making it easier and safer for their employees, clients, and visitors to access their venues.
Fobi will earn revenue on this deal through an initial setup fee and ongoing revenue from a per-pass license fee.
By using CheckPoint, the entry process is automated so each visitor can have their ID verified before they visit and check in with the new contactless Fobi 2.0 Smart Tap devices, making it easier, faster, and safer to enter the venue. The system will log who visited and when and will turn off access automatically for those people whose access rights have expired.
Fobi CEO Rob Anson commented on the news.
“We identified a big gap in regard to the user and operational experience for the venue access and management vertical. Our CheckPoint Venue access solution provides a secure, simplified and automated user experience to help facilitate streamlined access and entry to all controlled events.
I am extremely grateful to launch our CheckPoint solution with two of the largest global event and venue operators.
I believe that the Fobi CheckPoint and venue management solution is now extremely well-positioned to experience continued success and I am looking forward to continuing to setting new standards for user experience and continuing to deliver new operational innovation.”
Fobi AI is a data intelligence company that turns real-time data into actionable insights and personalized customer engagement.
