Source: MarTech Series
  • Fobi AI (FOBI) has announced a strategic partnership with Barnet Technologies Corp.
  • The companies will jointly develop a digital loyalty program, age verification service and an employee ID management solution
  • This partnership will be a win-win for both organizations as they share several verticals
  • Barnet provides management system solutions to the liquor and cannabis verticals, in addition to the grocery and convenience retail industry
  • Fobi AI is a data intelligence company that turns real-time data into actionable insights and personalized customer engagement
  • Fobi AI Shares (FOBI) opened trading at C$1.20

Fobi AI (FOBI) has announced a strategic partnership with Barnet Technologies Corp.

Barnet is a Canadian software company that provides management system solutions to the liquor and cannabis verticals, in addition to the grocery and convenience retail industry.

Fobi and Barnet will jointly develop a digital loyalty program that enables customers to download a Wallet pass from select retailers, providing immediate access to loyalty points, stored value, e-gift cards or stamp card functionality.  

Fobi and Barnet also plan to introduce an Employee ID management solution.  This solution enables companies to replace employee ID cards with Wallet passes to not only validate access and track timecards but also push notifications out to their staff.  

And finally, Barnet and Fobi will enable age verification through the Wallet pass.

The digital loyalty program, the Employee ID solution and the age verification service are all based on Fobi’s recently announced PassPro Wallet pass platform.

Fobi CEO Rob Anson commented on the partnership.

“This partnership will deliver a significant win-win for both organizations as we share several verticals that we are targeting with our integrated and transformative software solutions. The synergies between the two organizations and the target verticals align very well, and we are looking forward to going to market together with these joint solutions.”

Nick Ricci, President of Barnet Technologies added,

“Mobile wallet adoption has grown immensely over the past two years, and I have witnessed first-hand the accelerated growth of our clients’ business needs in terms of digital transformation. Our goal is always to offer affordable solutions that integrate with existing systems to improve the overall customer experience. Our partnership with Fobi underscores our mission to help customers future-proof their business with technology that addresses today’s needs but more importantly transitions and positions them for success in facing tomorrow’s business challenges.“

Fobi AI is a data intelligence company that turns real-time data into actionable insights and personalized customer engagement.

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