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PointsKash Begins Phase One of National KashPoint™ Infrastructure Rollout with Acquisition of More Than 2,100 Cryptocurrency Kiosks

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Strategic Acquisition Accelerates Deployment of AI-Enabled Financial Centers Across Enterprise Pipeline Representing More Than 100,000 Commercial Locations Nationwide

SCOTTSDALE, Ariz., Aug. 4, 2026 /PRNewswire/ — PointsKash, Inc. (“PointsKash” or the “Company”), a rapidly emerging financial technology company developing one of North America’s most comprehensive integrated financial services ecosystems, today announced the successful acquisition of more than 2,100 cryptocurrency kiosks through the recent Bitcoin Depot bankruptcy proceedings.

The acquisition represents Phase One of the Company’s National KashPoint™ Infrastructure Rollout, providing PointsKash with a significant installed hardware platform that will be transported, refurbished, technologically upgraded, and redeployed throughout the United States to support the Company’s rapidly expanding commercial enterprise partnerships.

Once redeployed, the kiosks will become KashPoint™ Financial Centers—AI-enabled self-service financial kiosks designed to integrate with the Company’s rapidly expanding fintech ecosystem, including PK Pay™, PointsKash’s next-generation mobile financial application currently anticipated to receive app store approval for public launch at the beginning of Q4 2026.

Together, the KashPoint™ kiosk network and PK Pay™ mobile platform will form the cornerstone of the Company’s integrated financial ecosystem, delivering consumers seamless access to digital banking, ATM services, bill payment, domestic and international money transfers, cryptocurrency transactions, loyalty rewards, digital wallets, merchant payment technologies, financial services, and future AI-powered financial applications.

The refurbishment and national deployment initiative will be managed by Bibbeo Ltd., a leading provider of ATM and self-service financial equipment lifecycle management solutions. Bibbeo will oversee transportation, inspection, refurbishment, hardware modernization, inventory management, warehousing, quality assurance, staging, and nationwide deployment operations.

“This acquisition is transformational for PointsKash,” said Michael Herron, President & Chief Executive Officer of PointsKash. “We are not simply acquiring kiosks—we are acquiring the physical infrastructure that will help power one of the nation’s most ambitious fintech deployment strategies. By combining our AI-enabled KashPoint Financial Centers with our upcoming PK Pay mobile platform and expanding financial services ecosystem, we are creating a unified omnichannel experience that we believe will redefine how consumers access everyday financial services.”

Herron continued:

“Equally important is our complete confidence in Bibbeo. Miles Power and his team have been a trusted strategic partner to PointsKash for more than two years, and there is no organization we trust more to execute a deployment initiative of this scale. Their operational expertise, disciplined execution, and deep industry experience provide us tremendous confidence that these kiosks will be transformed into enterprise-ready financial centers capable of supporting our aggressive nationwide growth plans.”

The refurbishment initiative will be led by Aaron Hurst, Warehouse Manager of Bibbeo Ltd.

“We’re excited to continue building on our partnership with PointsKash and support this initiative. Our team has already begun preparing the operational framework to efficiently transport, refurbish, modernize, warehouse, stage, and deploy these kiosks,” said Miles Power, CEO of Bibbeo Ltd. “Our organizations have spent years building a trusted relationship, and our teams have already begun preparing the operational framework necessary to efficiently transport, refurbish, modernize, warehouse, stage, and deploy these assets. We look forward to helping bring the PointsKash vision to life and delivering the level of quality and execution both of our organizations expect.”

The refurbished kiosks are being earmarked for deployment across an expanding pipeline of commercial enterprise pilot programs being developed through PointsKash’s strategic commercial enterprise sales partnership with BitCorp, Inc.

Together, PointsKash and BitCorp have been actively engaging many of the nation’s leading commercial enterprise organizations spanning hospitality, convenience retail, grocery, gaming, travel centers, specialty retail, and other high-volume consumer sectors.

These enterprise relationships collectively represent more than 100,000 potential deployment locations throughout the United States.

“The level of interest we are seeing from enterprise organizations continues to accelerate,” said Barry Van Scoten, Chief Executive Officer of BitCorp, Inc. “The acquisition of this kiosk fleet significantly strengthens our ability to execute multiple commercial pilot programs with nationally recognized enterprise organizations. We believe these pilots will validate the value proposition for both merchants and consumers while creating a clear pathway toward much larger national deployments over the coming years.”

PointsKash intends to establish multiple enterprise pilot programs by Labor Day, with deployments continuing throughout the balance of 2026. These pilots are expected to evaluate operational performance, consumer adoption, merchant engagement, transaction volume, and financial performance prior to broader commercial expansion.

Successful pilot execution is expected to position the Company to launch Phase Two of its National KashPoint™ Rollout, significantly expanding deployments throughout its growing enterprise merchant pipeline.

Unlike traditional ATM operators, PointsKash is building an integrated fintech ecosystem where self-service financial centers, mobile banking, merchant technologies, loyalty rewards, cryptocurrency services, enterprise software, and AI-enabled consumer financial solutions operate together as a unified platform.

This integrated strategy enables consumers to move seamlessly between physical and digital financial experiences while providing enterprise merchants with expanded financial services, new customer engagement opportunities, and diversified revenue streams.

“Our long-term vision extends well beyond deploying kiosks,” Herron added. “We are building one of the nation’s most comprehensive integrated financial technology ecosystems. Every strategic acquisition, every enterprise partnership, every software innovation, and every pilot deployment moves us closer to becoming a leading provider of intelligent financial solutions throughout North America. We believe this infrastructure creates tremendous long-term value for our customers, our enterprise partners, and our shareholders.”

As PointsKash continues executing its aggressive expansion strategy through strategic acquisitions, enterprise partnerships, proprietary software development, AI integration, and nationwide deployment initiatives, the Company remains focused on establishing itself as one of America’s premier fintech platforms serving consumers, merchants, financial institutions, loyalty organizations, and enterprise partners.

About PointsKash, Inc.

PointsKash, Inc. is a financial technology company developing one of North America’s most comprehensive integrated financial ecosystems through its AI-enabled KashPoint™ Financial Centers, PK Pay™ mobile financial platform, digital banking technologies, payment processing, cryptocurrency services, loyalty rewards solutions, enterprise merchant technologies, and proprietary software platforms. Through strategic partnerships and nationwide deployment initiatives, PointsKash is building innovative financial solutions designed to empower consumers, merchants, financial institutions, and enterprise organizations throughout North America.

For more information, visit www.pointskash.com.

About Bibbeo Ltd.

Bibbeo Ltd. is a leading provider of ATM, kiosk, and self-service financial equipment lifecycle management services specializing in transportation logistics, refurbishment, hardware modernization, warehousing, deployment, field services, inventory management, and nationwide operational support. The company provides end-to-end infrastructure solutions supporting financial institutions, independent deployers, fintech companies, and enterprise organizations throughout North America.

For more information, visit www.bibbeo.com.

About BitCorp, Inc.

BitCorp, Inc. is a business development and strategic enterprise sales organization focused on establishing commercial partnerships between leading enterprise merchants and next-generation financial technology providers. Through its relationship-driven approach, BitCorp assists enterprise organizations in identifying innovative technologies that enhance consumer engagement, create new revenue opportunities, and accelerate digital transformation initiatives. BitCorp currently works with a growing portfolio of national enterprise merchant relationships representing more than 100,000 potential commercial deployment locations across the United States.

For more information, visit www.BitCorpInc.com 

Media Contact

PointsKash, Inc.
Investor Relations
info@pointskash.com
www.pointskash.com

Forward-Looking Statements

This press release contains forward-looking statements regarding anticipated technology integrations, Artificial Intelligence initiatives, product development, future commercialization plans, expected operational efficiencies, business strategy, and future growth. These statements are based on current expectations and involve risks and uncertainties that could cause actual results to differ materially from those expressed or implied. Factors that could affect actual results include, but are not limited to, technology development timelines, integration efforts, financing, regulatory developments, market conditions, and other risks facing the Company. PointsKash undertakes no obligation to update any forward-looking statements except as required by applicable law.

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SOURCE PointsKash Inc.

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Rakhi Bazaar Shares New Insights into How Indians are Choosing Rakhi Gifts in 2026

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NEW DELHI, Aug. 4, 2026 /PRNewswire/ — Rakhi Bazaar, a leading online shopping platform for rakhis and Rakhi gifts, presents a concise report on rakhi gifting trends. By analyzing responses from more than 1000 users online, it presents its report and highlights the major changes in gifting ideas for Rakhi. The rakhi gifting market in 2026 is driven by tech gifts, evil eyes, and personalized gifting options.

According to the company’s latest shopping insights, demand for tech gifts, wellness hampers, and personalized Rakhi hampers has increased by 65% compared to the previous festive season. The major shift shows how consumer expectations and gifting habits are changing with time.

For many years, sweets, dry fruits, and traditional rakhi gift hampers dominated the celebration. Today, a sister doesn’t just scroll through digital platforms to buy online rakhi for brother; they are searching for something that adds value, emotions, and overall worth to each delivery. They use AI recommendations before adding anything to their shopping list.

The report also highlights that digital shoppers, especially millennials and Gen Z, are moving beyond conventional gifting. They choose products and rakhi gift ideas that align with their siblings’ unique personalities and lifestyles.

“Having been in the market for more than 10 years, we have witnessed major changes in consumer preferences. Today, we are working with more advanced, more discerning, and AI-influenced audiences. That’s why we move with data, not word of mouth. We conducted the survey to better understand consumer behaviour and their preferences before adding Rakhi gifts on our platforms,” said Deelip Kumar, CEO of Rakhi Bazaar.

He further added that “My team has thoroughly studied the market and prepared the collection. We have added designer rakhis, kids’ rakhis, Evil Eye Rakhis, hampers, spiritual rakhis, and more personalized gifting options on our platform. Each rakhi gift hampers are thoughtfully designed and displayed on our platform.”

Tech Gifts and Personalised Hampers Lead the Way

The Rakhi Bazaar Trend Report highlights gift ideas consumers prefer when they send rakhi to USA from India. Some of them include wireless earbuds, smartwatches, Bluetooth speakers, wellness products, grooming gadgets, customised mugs, engraved accessories, premium chocolate hampers, and personalised gift boxes. These are among the fastest-growing gifting categories this festive season.

The company reported that the combination of traditional Rakhis with modern lifestyle gift products is in demand. The combination highlights the touch of modernization to the cultural values of Indian society. Consumers also prefer personalized handwritten notes, wellness essentials, premium accessories, and gourmet treats to create more memorable gifting experiences.

Younger buyers spend more time researching online before making a purchase. Instead of adding items at random, the company focuses on consumer preferences and combines multiple products into a single festive package. As Raksha Bandhan approaches, Rakhi Bazaar is ready with its products and thoroughly analysing the market, making updates from time to time.

About Rakhi Bazaar

Rakhi Bazaar is one of the leading digital platforms dedicated to Raksha Bandhan. It offers a huge collection of Rakhi, Rakhi gifts, and festive combos for customers. With this platform, customers can send Rakhi across the globe with free shipping. With keen attention to the website’s technical aspects, functionality, and overall design, it ensures users have a smooth experience when buying online rakhi for Brothers and siblings.

Contact Us:
Email: care@rakhibazaar.com 
+91 8470001155 / 8510934032
https://www.rakhibazaar.com/

 

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PalTech Employees Pack 1,000 School Kits for Students Around Hyderabad

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August 4, 2026

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HYDERABAD, India, Aug. 4, 2026 /PRNewswire/ — Before the workday began, PalTech employees came together over three mornings to pack 1,000 school kits for children in need—starting their day with purpose before turning to their regular responsibilities.

The kits, which include notebooks, stationery and essential learning supplies, are now being distributed to underprivileged students across schools in and around Hyderabad, helping them begin the new academic year with the resources they need. A second phase, adding another 800 school kits, is already underway.

“For many of our students, access to basic learning materials makes a real difference to how they begin the school year. The school bags, notebooks and stationery provided by PalTech have brought great joy to our children. We sincerely appreciate PalTech’s support and commitment to creating better opportunities for our students,” said P. Archana, Headmistress, MPPS Anjaiah Nagar.

While the initiative will benefit hundreds of students, it also reflects something that has become part of PalTech’s identity—employees who willingly come together to contribute their time and skills beyond the workplace. Rather than being driven by a single annual campaign, these efforts have become a natural extension of the company’s culture.

“Technology is what we do every day. But what defines a company over time is its people. What makes me proud isn’t the number of school kits we packed. It’s the number of people who chose to come in early, work together and make it happen. That says more about who we are than anything we could write in a slide deck,” said Shanthi Palreddy, Co-Founder & Director, PalTech.

Employee-Led Community Initiatives

The school kit initiative is one example of how PalTech employees contribute outside their day-to-day responsibilities.

Earlier this year, employees volunteered at Marepally Government School in Nalgonda district, repainting classrooms, improving the school campus and planting trees to create a brighter learning environment for the children.

PalTech also partnered with Seva Bharathi Telangana as the Platinum Sponsor and Technology Partner for the 10th edition of Run for a Girl Child, supporting girls’ education and empowerment. Beyond sponsorship, PalTech contributed its technology expertise by supporting registrations and digital event operations, helping deliver a seamless experience for nearly 12,000 participants—an event flagged off by District Collector Harichandana Dasari and cricket legend Mithali Raj, while allowing organisers to focus on the cause.

Employees also partnered with Goonj for a clothing collection and distribution drive, promoting sustainable reuse while supporting families in rural communities.

Different initiatives, different causes, but the same willingness to step forward.

“Being part of these initiatives reminded us that even small contributions can create visible change. Whether it was packing school kits or helping improve a school space, every activity felt meaningful because we could see the impact directly,” said Santhosh Gongada, Senior Manager, PalTech.

A Culture of Participation

For PalTech, community initiatives are not about visibility. They are about participation. Whether solving complex technology challenges for global enterprises or supporting local communities, the focus remains the same: bringing people together to create meaningful outcomes through collective effort.

As the organization continues to grow as a technology partner for enterprises worldwide, the company remains equally focused on strengthening its role as a responsible corporate citizen. PalTech will continue to build programs that support children, schools, rural communities, and social causes where sustained participation can create meaningful, long-term impact.

About PalTech

PalTech is a global technology services company helping enterprises solve complex business challenges through Artificial Intelligence, Digital Product Engineering, Data & Analytics, Cloud and DevOps. With offices across the United States and India, PalTech combines engineering excellence with an execution-focused approach to deliver practical, measurable business outcomes. Built on a culture of ownership, collaboration, and continuous learning, the company partners with clients to transform ideas into lasting value.

For more information about PalTech and its community initiatives, visit PalTech CSR page.

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ICC Loyalty joins Mintoak to build a unified Payments and Engagement OS for banks

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August 4, 2026

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ICC Loyalty, serving 30+ banks and 11 million customers across 10+ countries, joins Mintoak. The combined entity now partners with more than 50 banks across 20+ countries.Combined annual revenue exceeds US$30 million with a profitability margin exceeding 30%.

DUBAI, UAE, Aug. 4, 2026 /PRNewswire/ — ICC Loyalty, the Dubai-headquartered loyalty and rewards technology company serving over 30 leading banks across the Middle East, Africa, Eastern Europe and Asia, today announced it has joined Mintoak, the payments and engagement OS for acquirers.

ICC Loyalty serves over 30 leading banks across 10+ countries, catering to over 11 million customers, including Emirates Islamic, Dubai Islamic Bank (DIB), RAKBANK across the Middle East, Africa, Eastern Europe and Asia.

“Joining Mintoak allows us to integrate their advanced AI and platform capabilities into ICC’s ecosystem, delivering next-generation hyper-personalisation for both our existing and new clients,” said Amit Narang, Co-founder and Chief Executive Officer, ICC Loyalty. “Together, we will help banks deliver more meaningful customer experiences while creating measurable commercial value.”

“This acquisition represents a defining milestone for Mintoak,” said Raman Khanduja, Co-founder and Chief Executive Officer, Mintoak. “Payments have become the foundation of banking relationships. The next phase of growth will come from engagement. By bringing together merchant engagement, customer loyalty and data-driven intelligence, we are building a Payments and Engagement OS that enables banks to create greater value for merchants, consumers and banks.”

Following the acquisition, Mintoak now partners with over 50 banks across 20+ countries, including HDFC Bank, Axis Bank and SBI Payments in India, Emirates Islamic and RAKBANK in the Middle East and Absa Bank in Africa. Backed by investors such as PayPal Ventures, British International Investment, Pravega Ventures, HDFC Bank and Z3Partners, its platform supports over 5 million merchants and 11 million customers while powering more than US$93 billion in annual payment volume.

Together, ICC Loyalty and Mintoak are building the leading Payments and Engagement OS for banks, helping financial institutions unlock deeper customer relationships and new revenue streams.

Key contacts

Khushaal Talreja, Group Head of Marketing, Mintoak
+91 9768005040 | Khushaal.talreja@mintoak.com 

Riddhi Sharma, PR Lead, Jajabor Brand Consultancy
+91 8587804685 | riddhi.sharma@jajabor.io 

About ICC Loyalty

ICC Loyalty is a Dubai, UAE-headquartered loyalty technology company helping banks build customer engagement and rewards programmes. It serves over 30 leading banks across 10+ countries, catering to more than 11 million customers, including Emirates Islamic, Dubai Islamic Bank (DIB) and RAKBANK across the Middle East, Africa, Eastern Europe and Asia.

About Mintoak

Mintoak is the payments and engagement OS for banks, helping financial institutions transform payment transactions into customer engagement, recurring revenue and long-term value. The company partners with more than 50 acquirers across 20+ countries, including HDFC Bank, Axis Bank and SBI Payments in India, Emirates Islamic and RAKBANK in the Middle East and Absa Bank in Africa. Backed by PayPal Ventures, HDFC Bank, British International Investment, Pravega Ventures and Z3Partners, among other investors.

Logo: https://mma.prnewswire.com/media/3008641/Mintoak_Logo.jpg
Logo: https://mma.prnewswire.com/media/3008640/ICC_Loyalty_Logo.jpg

 

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