VANCOUVER, British Columbia, May 27, 2020 – Loop Insights Inc. (TSX.V: MTRX) (the “Company” or “Loop”)— provider of transformative artificial intelligence (AI) solutions— announced a signed Memorandum of Understanding (MOU) agreement with German digital wallet pass developer, mediahelden GmbH (Passcreator).
As Loop gains traction globally, it has partnered with Passcreator to ensure that all Loop clients can offer unparalleled experiences to their customers. The Company is set to implement international projects in tourist hotspots such as Mexico, Indonesia, the USA, Canada, and most recently Japan—in preparation for the 2021 Olympic Games. Passcreator provides Loop an agile multilingual product upgrade to support its extension into new markets.
Loop CEO Rob Anson stated: “As we enter different verticals and move across geographical borders, we need a partner that is adaptable and can cater to our diverse set of clients. With Passcreator’s ability to manage up to 40 languages, and deliver innovative passes quickly and at scale, we are confident that it will support our global expansion without friction.”
mediahelden CEO Mario C.G. Juhnke commented: “With Loop’s AI capacities, our wallet pass technology is brought to new levels. We are constantly seeking partnerships that are mutually enhancing. We look forward to driving innovation together.”
Covid-19 has accelerated retail’s digital transformation. Loop’s contactless solutions are rapidly gaining global recognition as a turnkey solution for convenient, seamless experiences for both merchant and shopper.
About Passcreator: mediahelden is a German wallet pass software company that offers clients a software as a service solution for mobile marketing. Compatible with wallet apps on both iOS and Android, Passcreator seamlessly integrates with existing marketing platforms, as well as supports the creation of new ones. Furthermore Passcreator is fully GDPR compliant and highly scalable. This solution is suitable for companies of all sizes.
About Loop Insights: is a Vancouver-based technology company that provides transformative artificial intelligence (AI) solutions to level the playing field between brick and mortar retailers and their online competition. Particularly, Loop’s technology aggregates online and on-premise data to enable real-time, data-driven marketing decisions for an enhanced customer experience. To close the consumer loop, the Company provides retailers and brands complete, real-time redemption metrics—something that does not exist in the brick and mortar environment today. Loop’s products integrate with clients’ existing legacy systems, which supports a seamless and convenient digital transformation.
For more information, please contact:
Loop Insights Inc.
CHF Capital Markets
Cathy Hume, CEO
T: 416-868-1079 x 231
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