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myecheck.com

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About MyECheck

MyECheck is an electronic payment technology developer and payment services provider. MyECheck operates under license to US Patent 7,389,913, "Method and Apparatus for Online Check Processing" granted June 2008. The new patented payment method is the fastest, most secure and most cost effective method of processing payments in the US, and it works with the most people, businesses and entities. MyECheck provides comprehensive payment systems for all payment applications including mobile payments and the industry's most advanced security and fraud control technologies. MyECheck customers include corporations, retailers, governments, payment processors and financial institutions.

MyECheck Headquarter Location

Suite 1100 475 Howe Street

Vancouver, British Columbia, V6C 2B3,

Canada

604-801-5995

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Expert Collections containing MyECheck

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Find MyECheck in 1 Expert Collection, including Cannabis.

C

Cannabis

3,616 items

These companies participate in - or service businesses that participate in - the legal cannabis industry. Our definition of cannabis includes both marijuana and hemp (and all derivatives). The collection includes both "plant-touching" and "non-plant-touching" businesses.

Latest MyECheck News

MyECheck Reports Intent to Acquire GreenPay LLC

Aug 10, 2020

Read full article June 13, 2014, 6:45 AM EL DORADO HILLS, CA--(Marketwired - Jun 13, 2014) - MyECheck, Inc. (OTC Pink: MYEC) (PINKSHEETS: MYEC), an electronic payment solutions provider and the leader in fully electronic check technology, today announced that it will acquire its licensee GreenPay LLC for approximately $400,000. The merger payment will be treated as an offset to a current receivable due from GreenPay LLC. No cash or stock will exchange or transfer as a result of this merger, and no resulting liabilities will be assumed. MyECheck announced on February 26, 2014 that GreenPay had entered into a licensing agreement with MyECheck for a secure mobile payment solution for the legal marijuana industry. Upon delivery of the custom developed system to GreenPay, management of both companies determined it would be difficult for GreenPay, with its limited industry experience, to manage the implementation of the system, and it would be in the best interest of all parties to merge the companies. Upon completion of the merger, GreenPay LLC will continue to operate as a separate entity to MyECheck, but will be a wholly owned subsidiary of MyECheck, Inc. All revenue generated by GreenPay will flow to MyECheck. GreenPay is launching a mobile app payment solution "mj-pay" designed specifically for the legal marijuana industry. The system will enable secure real time electronic funds transfers at marijuana retail locations, and resolve the issues the industry is experiencing by being dependent on cash. Currently, legal state licensed retailers in places such as Colorado cannot deposit their cash in a bank. The mj-pay solution will enable retailers to accept electronic transfers, and also electronically transfer their proceeds to bank accounts. About MyECheck: MyECheck Inc. is a leading electronic payment technology developer and payment services provider. MyECheck operates under license to US Patent 7,389,913, "Method and Apparatus for Online Check Processing" granted June 2008. The new patented payment method is the fastest, most secure and most cost effective method of processing payments in the US, and it works with the most people, businesses and entities. MyECheck provides comprehensive payment systems for all payment applications including mobile payments and the industry's most advanced security and fraud control technologies. MyECheck customers include corporations, retailers, governments, payment processors and financial institutions. Forward-looking statements in this release are made pursuant to "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. Investors are cautioned that such forward-looking statements involve risks and uncertainties, including, without limitation, continued acceptance of mentioned products, increased levels of competition, new products and technological changes, dependence upon third-party suppliers, intellectual property rights, and other risks detailed from time to time in reports filed with the SEC. TRENDING MarketWatch Individual investors have never been more worried about a U.S. stock market crash. This counterintuitive reaction is because investor sentiment is a contrarian indicator. Historical data on investor beliefs about crash probabilities comes from Yale University finance professor (and Nobel laureate) Robert Shiller. 1d ago Investor's Business Daily 32m ago It is offensive to me It is not relevant to me I keep seeing this MoneyWise 14h ago For investors, finding the right sign is part of the game. Stocks don’t necessarily pick themselves, and the investors who do pick them need to know that they’re making the right choice. Fortunately for investors – and the safety of their portfolios – there are reliable signals that a stock is worth buying. One of the best is the insider buying.Insiders are corporate officers, deeply invested in their company’s success or failure, they are usually stockholders themselves – but they are responsible for more than just their own portfolios. Corporate officers are beholden to their Boards of Directors, to their fellow company officers, and to the stock owning public to ensure profits and returns on the shares – and so, when these insiders start buying large blocs, investors should take note.TipRanks follows the insiders’ trades, making use of the publicly published stock moves to track them. The Insiders’ Hot Stocks page provides the scoop on which stocks the market’s insiders are buying – or selling – so that you can make informed purchases. We’ve picked three stocks with recent informative buys to show how the data works for you.Agree Realty Corporation (ADC)First on the list is a major company in the REIT segment. Agree Realty, based in Metro Detroit, focuses on acquiring and developing properties for big-name retail tenants. At the end of 3Q20, Agree’s portfolio included 1,027 properties across 45 states, and totaled some 21 million square feet of leasable area. The company’s tenants include 7-Eleven, AutoZone, Dollar General, and Wendy’s franchises, among many others.Agree’s third quarter results, reported earlier this month, showed a sequential increase in EPS from 76 cents to 80 cents, and total rental income of $63.7 million. The company reported a quarterly record of $470.7 million in rental property investments, and increased its dividend. The 60 cents a share dividend offers investors a 3.67% yield.All of that comes at a time when many REITs have been reporting difficulty in collecting rents, as tenants have been coping with the financial repercussions of the corona crisis. In this area, however, Agree has been conspicuously successful. The company reported receiving 96%, 97%, and 99% of rents due in July, August, and September. Agree has deferral arrangements for another 2% of its tenants. This success in rent collection has provided the base for the solid quarterly income stream already noted.On October 22, Agree has seen one big insider trade. CEO and President Joey Agree bought up 15,293 shares, shelling out over $1 million. This brings the insider sentiment here into positive territory.Covering this stock for Raymond James, analyst RJ Milligan writes, “With rent collections at 99% for September, ADC continues to play offense while most peers are still tracking down rents. We believe the big increase in acquisition guidance will push Street estimates meaningfully higher for 2021/2022, which will likely serve as the positive catalyst ADC investors have been waiting for.”Milligan rates the stock a Strong Buy, and sets an $82 price target that indicates room for 27% upside growth in the year ahead. (To watch Milligan’s track record, click here)Overall, ADC gets a Strong Buy consensus rating, based on a unanimous 5 Buy reviews given recently. ADC shares are selling for $64.61 and their $74.38 average price target makes the one-year upside 14%. (See ADC stock analysis on TipRanks)First American Financial (FAF)Next on our list is First American Financial, a title and lenders insurance company. FAF is a staple of the mortgage industry, where its insurance products are essential to guaranteeing home loans. The company also deals in property and casualty policies, and saw $6.2 billion in total revenues last year.After seeing sharp declines at the top and bottom lines in the first quarter this year during the economic shutdown period provoked by the coronavirus pandemic, FAF has seen a clear recovery. The company saw sequential growth in revenues in Q2 and Q3, with the top line growing from $1.4 billion in the first quarter to $1.6 billion in the second and finally $1.9 billion in the third quarter. Q3 earnings grew 24% to $1.31 per share.FAF has seen one major insider buy recently. It wasn’t a million dollars, but the $191,000 purchase of 4,000 shares was still significant and gave the stock an overall positive insider sentiment. The buyer was Mark Oman, from the Board of Directors.Among FAF's fans is Mark Hughes, 5-star analyst with Truist Financial. The analyst gives the stock a Buy rating with a $66 price target to suggest an upside of 41% in the next 12 months. (To watch Hughes’ track record, click here)Backing his stance, Hughes notes the company’s steady flow of business, writing, “Purchase open orders last month equaled 2,500 per day, up 21% year over year. This compared to the July total of 2,400 per day, which was up 6% versus that same month last year. In the refi category, the daily number held steady sequentially at 3,200, up 46% compared to August 2019.”"Our price target of $66 assumes the stock trades at just under 15x our 2021 earnings estimate, at the upper end of the recent range for the title companies – we believe this is appropriate in light of healthy fundamentals in the sector – but still with a wider-than-usual discount to the S&P 500," the analyst concluded. Hughes’ review is one of two recent recommendations on record for FAF, making the analyst consensus here a Moderate Buy. The average price target is $65, giving the stock a 39% upside potential from the current share price of $46.62. (See FAF stock analysis on TipRanks)Eastern Bankshares (EBC)The last stock on our list is a new one to the market. Easter Bankshares is a holding company, the owner of Eastern Bank, a Massachusetts-based community bank – and the oldest mutual bank in the US. Earlier this month, Eastern conducted a changeover from mutual organization status to a join stock company, selling over 179 million shares of common stock. The offering price was $10 per share, and the sale grossed over $1.79 billion for the company.And this is where the insider trades come in. Eastern’s corporate officers made large stock purchases during the IPO. Company CEO and Board Chairman Robert Rivers made the largest single purchase, for $2 million, and executive VP Barbara Heinemann bought $1.02 million worth of the stock. Five Board members made purchases in excess of $1 million or more.For the most part, these buys were the company officers making their personal stakes in the company, and setting up stock holdings as part of their compensation packages. It’s a routine in the corporate world. But these large stock buys – 7 of at least $1 million, and 10 more of $200,000 or more – show confidence in the company and a willingness by the top brass to put their own skin in the game.Turning to the analyst community, analyst Laurie Havener, who covers this new stock for Compass Point, wrote: "We like the EBC story as it offers investors a unique opportunity to invest in an overly-well-capitalized, 200+ year old, Boston based bank substantially below book. Importantly, EBC has a desirable franchise footprint, ranking 5 in the Boston MSA, with a fabulous low-costing deposit base.” To this end, Havener rates EBC a Buy along with $15 price target, suggesting that this bank holding company has room for 24% upside growth in the year ahead. (To watch Hunsicker’s track record, click here)Judging from the consensus breakdown, it has been relatively quiet when it comes to other analyst activity. Over the last few weeks, only 2 analysts have reviewed the bank. Both of which, however, were bullish, making the consensus a Moderate Buy. (See EBC stock analysis on TipRanks)Disclaimer: The opinions expressed in this article are solely those of the featured analysts. The content is intended to be used for informational purposes only. It is very important to do your own analysis before making any investment. 19h ago Jim Cramer on Tuesday's "Mad Money" shared his thoughts on Advanced Micro Devices, Inc. (NASDAQ: AMD), Inovio Pharmaceuticals, Inc. (NASDAQ: INO) and Honda Motor Co., Ltd. (NYSE: HMC).On AMD: Cramer says "AMD has much more room to go" following the company's strong earnings results and acquisition of Xilinx, Inc. (NASDAQ: XLNX). Cramer also notes AMD's CEO Lisa Su has amazing leadership and will continue to grow this company. On INO: Amid the FDA halting the company's COVID-19 vaccine trial, Cramer says "there are better fish to fry" in this industry and would get out of that company. On HMC: When Cramer was asked about his thoughts on Honda, he says he would rather have General Motors (NYSE: GM) or Ford Motor (NYSE: F).See more from Benzinga * Click here for options trades from Benzinga * Jim Cramer Talks American Express Earnings * Jon Najarian Sees Unusual Options Activity In Sonos And Sabre(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved. 13h ago Big tech stocks have some "bounce" left in them, CNBC "Mad Money" host Jim Cramer said Tuesday.What Happened: Cramer theorized, basing his analysis on chart interpretation by Katie Stockton, that the so-called FAANG stocks -- made up of Facebook Inc (NASDAQ: FB), Amazon.com, Inc (NASDAQ: AMZN), Apple Inc (NASDAQ: AAPL), Netflix, Inc (NASDAQ: NFLX), and Google parent Alphabet Inc (NASDAQ: GOOGL) (NASDAQ: GOOG) -- along with Microsoft Corporation (NASDAQ: MSFT) are "ready to roll higher," reported CNBC.Cramer singled out the stochastic oscillator, an indicator used to measure overbought and oversold conditions on the daily chart mapping of the FAANG stocks. "FAANG came down too far, too fast, which means it could be due for a continued bounce," said Cramer.Why It Matters: All the FAANG stocks rose, along with the Nasdaq by 0.64%, on Tuesday. "Whenever Covid cases spike, you had to buy the FAANG names [plus Microsoft] because they've all found ways to benefit from the pandemic," said Cramer.The former hedge fund manager said investors had his "blessings to buy a little bit" before these companies announce their earnings on Thursday night. "If they get dinged after earnings, I'm betting that they will be safe to buy into even more weakness," quipped the television host. See more from Benzinga * Click here for options trades from Benzinga * Trump Campaign Website Hacked, Attackers Demand Cryptocurrency In Exchange For Spilling Secrets * Bitcoin Nears 2018 Post-Bubble Highs As Mainstream Adoption Drives Rally(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved. 7h ago (Bloomberg) -- Investor David Einhorn said technology stocks are in an “enormous” bubble and he has added a set of short wagers to profit from it.“The question at hand is where are we in the psychology of this bubble?” the head of hedge fund Greenlight Capital wrote in an Oct. 27 note, seen by Bloomberg. “Our working hypothesis, which might be disproven, is that September 2, 2020 was the top and the bubble has already popped. If so, investor sentiment is in the process of shifting from greed to complacency.”Tech stocks have driven the market’s rally this year. The Nasdaq 100 Index is up 33% since Jan. 1, led by gains in Zoom Video Communications Inc. and Tesla Inc. By contrast, the S&P 500 has risen 5.3%.As signs of a bubble, Einhorn points to a mania in IPOs, a huge market concentration in a small group of stocks or a single sector, extraordinary valuations and “incredible” trading volumes in speculative instruments.As a result, Greenlight has adjusted the portfolio of companies its wagering against by adding a fresh so-called bubble basket of mostly “second-tier companies and recent IPOs trading at remarkable valuations,” he wrote. Einhorn has long held what he calls a bubble basket of short wagers which have included tech giants such as Amazon.com Inc. and Netflix Inc.A spokesman for the firm declined to comment.This isn’t the first time Einhorn has flagged a tech bubble. In early 2016, he “prematurely identified what we thought was a bubble,” he wrote in the letter.It’s been a difficult road for Greenlight recently. The fund is down 16.1% through September, and has been trying to recoup losses that began in 2015. As of Jan. 1, the firm managed $2.6 billion, down from a peak of $12 billion.Other highlights from the letter:The coming election may rank “among the most perilous times, absent war, in modern American history.” A “tempest” of troubles related to the Covid pandemic -- including inequities, violence and calls for social change -- could explode after the election, no matter which side wins.The fund started “medium-sized” long positions in information technology company Synnex Corp., Austrian sensor maker AMS AG, and ATM-manufacturer NCR Corp.While a few Greenlight employees are working from the firm’s New York offices, which have been open since late summer, most of the staff continues to work from home, he said. (Adds additional comments on tech starting in seventh paragraph. )For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P. 17h ago (Bloomberg) -- Rolls-Royce Holdings Plc shareholders backed a 2 billion-pound ($2.6 billion) equity raise, a key step toward shoring up the British engine maker’s finances to outlast the Covid-19 pandemic.Investors voted 99.5% in favor of the rights issue, according to a statement Tuesday. Their support means Rolls-Royce can access a further 3 billion pounds of funds, through a bond sale and a 1 billion-pound term loan, both of which were conditional on the rights issue passing.Rolls-Royce’s engine business has been dealt a heavy blow by the coronavirus, with both unit sales and maintenance revenue hurt by a mass grounding of widebody planes. The company announced a 5 billion-pound refinancing plan at the start of this month, funded through a combination of debt issuance, a rights offer and loans, and now has no pressing need to extend borrowings guaranteed by the U.K. government.Rolls-Royce shares slipped 2.3% to 221.00 pence as of 1:27 p.m. in London, down more than two-thirds this year.The package is aimed at seeing Rolls-Royce through to 2022, when the company expects to resume sufficient cash generation alongside a gradual recovery in demand for air travel. Chief Executive Officer Warren East has also said the company could sell assets as it repositions for the future.“We didn’t want to put the business and our shareholders’ interests at risk by gambling on the situation next year so that’s why we chose to go with this package now,” the CEO said at an investor meeting.Even with funding secured, Rolls-Royce still faces an uphill road to recovery. The twin-aisle planes the company supplies are predicted to take until at least 2025 to recover to pre-pandemic levels and the group has announced plans to cut 9,000 jobs.Rolls-Royce recently updated civil aerospace staff on the restructuring, a company spokeswoman said Tuesday. Plans include the temporary shuttering of factories, reducing working hours and cutting benefits, according to the Financial Times.The company is also taking steps to shrink its sprawling global footprint. According to a recent investor presentation, Rolls plans to consolidate widebody assembly and testing as well as the machining of turbine blades at its Derby site, while focusing fan blade production in Singapore and manufacturing of components in Derby and Germany.Read: Birthplace of Jet Engine Reels From Job Cuts, Covid and BrexitThe British engine maker is paying the price for a strategy decided before the crisis, which was to only make engines for larger twin-aisle aircraft that have been hit hardest by travel restrictions to contain the virus.East has said that he doesn’t see any opportunities for new engine programs this decade, though Rolls-Royce has expressed interest in providing for a new, midrange jetliner if Boeing Co. decides to move forward with the concept, according to people familiar with the matter. (Updates with final vote result, restructuring details from second paragraph)For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P. 22h ago

MyECheck Acquisitions

2 Acquisitions

MyECheck acquired 2 companies. Their latest acquisition was SeerGate on January 30, 2015.

Date

Investment Stage

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Total Funding

Note

Sources

1/30/2015

Series A

$991

Acquired

2

6/13/2014

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$991

$99M

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10

Date

1/30/2015

6/13/2014

Investment Stage

Series A

Companies

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Valuation

$991

$991

Total Funding

$99M

Note

Acquired

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Sources

2

10

MyECheck Partners & Customers

7 Partners and customers

MyECheck has 7 strategic partners and customers. MyECheck recently partnered with Assabet Valley Bancorp on May 5, 2015.

Date

Type

Business Partner

Country

News Snippet

Sources

5/12/2015

Partner

Assabet Valley Bancorp

United States

MyECheck and Avidia Bank Partner to Provide Mobile and Web Payment Services

: MYEC -RRB- , the leader in electronic check solutions for online and mobile payments , announced today that it has entered into a partnership with Avidia who will provide banking services to MyECheck , Inc. and its customers in support of MyECheck , Inc. 's new mobile commerce platform .

3

4/14/2015

Partner

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10

1/12/2015

Client

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10

9/2/2014

Client

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10

4/16/2008

Partner

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10

Date

5/12/2015

4/14/2015

1/12/2015

9/2/2014

4/16/2008

Type

Partner

Partner

Client

Client

Partner

Business Partner

Assabet Valley Bancorp

Country

United States

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News Snippet

MyECheck and Avidia Bank Partner to Provide Mobile and Web Payment Services

: MYEC -RRB- , the leader in electronic check solutions for online and mobile payments , announced today that it has entered into a partnership with Avidia who will provide banking services to MyECheck , Inc. and its customers in support of MyECheck , Inc. 's new mobile commerce platform .

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Sources

3

10

10

10

10

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