TuesdayNov 15, 2016 10:22 am

Net Element, Inc. (NETE) – Understanding the Importance of Business Intelligence

According to a report published by Econsultancy (http://dtn.fm/0S0Wa), “The vast majority (84%) of marketers agree that their understanding of the customer is increasing over time, and 64% say that they are using data-driven customer insights to adapt their marketing strategies and influence business decisions.” As a result, companies around the world are now adopting more in-depth business intelligence techniques. There has been a steady rise in the importance of data analytics to organizations of all kinds. According to Forbes (http://dtn.fm/sABs4), the U.S. Bureau of Labor Statistics report showed that the job market for data analyst disciplines is increasing by approximately…

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MondayNov 14, 2016 2:40 pm

Net Element, Inc. (NETE) Reports 55% YOY Increase in Net Revenues for First Nine Months of 2016

Earlier today, Net Element, Inc. (NASDAQ: NETE) reported its financial results from the fiscal quarter and nine-month period ended September 30, 2016. Among the highlights, the company achieved year-over-year net revenue growth of 11 percent for the three-month period, recording $14,009,652. This performance was attributed primarily to organic growth in its North America Transaction Solutions segment. Through an emphasis on value-added offerings for small and medium-sized businesses, Net Element’s North America Transaction Solution segment was up 43 percent over the prior year, recording revenues of $3.4 million. “Our results are a reflection of our ability to implement our business objectives…

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WednesdayNov 09, 2016 10:56 am

Net Element, Inc. (NETE) Staying Up-To-Date with Point-of-Sale Industry Trends

Every year, new predictions are published regarding the point-of-sale industry. Optimus Information published an article entitled “5 Point-of-Sale Industry Trends for 2016” (http://dtn.fm/6IyCq), which highlighted some predictions for the past year. These included the growth of cloud-based point-of-sale, people using more tablet point-of-sale systems, the strength of mobile point-of-sale, the ability for full integration with business analytics thanks to new point-of-sale systems, and the acceleration of e-pay and chip card payments. This year saw an emergence of new cloud-based systems cutting down the use of expensive, proprietary, and hard-to-maintain hardware and software. This phenomenon has allowed merchants to cut out…

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TuesdayNov 08, 2016 11:22 am

Net Element, Inc. (NETE) Announces Launch of Unified Payments Gift Card Application

Before the opening bell, Net Element, Inc. (NASDAQ: NETE) announced the launch of its proprietary gift card application for smart payment terminals. The United Payments gift card application, which made its initial debut last month at the Money 2020 event in Las Vegas, offers small and medium-sized businesses an intuitive way to provide a full suite of gift card-related services to customers, including issuance of new cards, adding value to cards, transferring value between cards, accepting payments using gift cards and checking card balance. Building on Net Element’s existing omni-channel gift and loyalty platform, the Unified Payments gift card application…

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WednesdayNov 02, 2016 2:47 pm

Net Element, Inc. (NETE) Offering Reliable High-tech Payment Solutions to Worldwide E-commerce Enterprises

The payments industry is changing rapidly, with a growing number of users opting to pay for services or merchandise online or via mobile apps. This tendency has led to the emergence of thousands of companies dedicated to facilitating these payments for both the customers and the merchants. As more and more such businesses appear, there is growing concern for the quality and reliability of payment processing services, as well as for security of payment information. According to a Business Insider report (http://dtn.fm/AW6oF) that takes an in-depth look at the current payment processing ecosystem, 2016 is a busy year for payments…

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FridayOct 28, 2016 9:10 am

Net Element, Inc. (NETE) – Embracing Innovation and Differentiation in the Payment Processing Space

Net Element (NASDAQ: NETE) embraces what sets it apart from the competition: a laser focus on specific market expertise and value-added products and services. A global payments-as-a-service company, Net Element operates as a technology provider with an integrated mobile and transactional services platform that serves emerging market clients across North America, Russia, and the Commonwealth of Independent States. The 150-plus staffers that make up the Net Element team thrive at seeing their ideas turn into innovations that become accomplishments. They develop and deliver customer-engaged, next-generation point of sale systems that anticipate market turns and trends. They present alternatives to cash…

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ThursdayOct 27, 2016 10:05 am

CEO of Net Element, Inc. (NETE) Subsidiary PayOnline Selected to Lead Futuristic Panel at Russian Interactive Week

Before the opening bell, Net Element, Inc. (NASDAQ: NETE) announced that Marat Abasaliev, chief executive officer of the company’s wholly-owned PayOnline subsidiary, will lead the futuristic section of the upcoming Russian Interactive Week (“RIW”) 2016. Organized by RUNET Group and held at Moscow’s Expo Center, RIW is the biggest annual event centered on the Russian Internet and offers a combination of a multi-threaded conference, media communication forum and a variety of extracurricular activities. This year’s event, which will be held from November 1-3, 2016, is expected to draw attendance in excess of 20,000 visitors. Abasaliev’s highly-anticipated session, titled ‘How we…

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ThursdayOct 20, 2016 1:03 pm

Net Element, Inc. (NETE) Offering Specialized Payment Processing, Data Analytics for Retail Industry

As a global technology group specialized in mobile payments and other transactional services, Net Element, Inc. (NASDAQ: NETE) offers a wide range of next-generation point of sale, online or mobile payment solutions, as well as access to intelligent data analytics, business management, and related services. Via its subsidiary, Unified Payments, the group is targeting the retail market in particular by providing merchants with a unique suite of business solutions ranging from payment processing to fraud detection and more. Ranked #1 by Inc. 500 Magazine, Unified Payments (http://dtn.fm/YP6dN) was the fastest growing in America in 2012 and has been growing and…

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FridayOct 14, 2016 9:06 am

Net Element, Inc. (NETE) Growing With Mobile Payment Trends

According to Mobile Payment Today (http://dtn.fm/A792n), mobile payments are expected to reach $3 trillion by 2021, up 5% from 2016. Thanks to the increased use of mobile devices, the market for mobile payments continues to expand worldwide. Although Asia Pacific, specifically China, still dominates the market, the U.S. and U.K. are not far behind. Digital research conducted by Euromonitor International shows that by 2020 both countries will emerge alongside China with more people making payments from their mobile devices. In the U.S., mobile payments are expected to grow at the fastest rate. By 2020, mobile payments are expected to increase…

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MondayOct 10, 2016 10:13 am

Net Element, Inc. (NETE) Subsidiary Enters Agreement with Kazakhstan’s Market Leader in Courier Services

Before the opening bell, Net Element, Inc. (NASDAQ: NETE), through wholly-owned subsidiary PayOnline, announced the execution of an agreement with ExLine, a leader in the courier services market of Kazakhstan, that will enable online payment acceptance for more than 50,000 of ExLine’s customers. Moving forward, ExLine customers will have access to a customized payment solution powered by PayOnline that includes around-the-clock customer support and compatibility for a range of currencies, including Kazakhstani tenge, Russian rubles, U.S. dollars and euros. In an effort to expedite the process of online payment acceptance, PayOnline’s customized solution also generates an invoice number that can…

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