Lipis Advisors in partnership with Crunchfish released today the second white paper – A practical guide for offline payment security – in the Enabling offline payments in an online world series, outlining the key security aspects relating to offline payments. The white paper includes also Crunchfish’s contrarian views on offline payment design and security. A webinar covering the key insights of the whitepaper will be held tomorrow morning.

Crunchfish are pleased to announce that Lipis Advisors have today released a second white paper in the series – Enabling offline payments in an online world. The white paper with the subtitle – A practical guide to offline payment security, provides valuable insights to how to design a secure and scalable offline payment system that can interoperate with online payment system. It provides the payment ecosystem with a better understanding of the nuances of offline payments security. The white paper includes an editorial that describes Crunchfish’s perspectives on offline payment design and security. 

On Friday March 17th at 8 am CET / 12.30 IST, Crunchfish in partnership with Lipis Advisors will host a webinar where Bonni Brodsky, Managing Consultant at Lipis Advisors will present the key insights of the whitepaper, followed by a panel discussion with V-key CEO Jospeh Gan and Crunchfish CEO Joachim Samuelsson moderated by Johan Wester. Register for the webinar here

All webinars will be available on our website, our YouTube channel and as podcasts on Spotify, Apple Podcasts and anywhere where podcasts are available, distributed from our SoundCloud channel. You can subscribe and never miss when we publish new episodes.

About Lipis Advisors
Lipis Advisors is a Berlin-based strategic consulting firm focused exclusively on the payments sector. Our expertise has expanded over the years, evolving from research-driven comparative analysis of core payment systems to strategic advice for diverse stakeholders on topics ranging from cryptocurrencies, CBDCs, digital banking, real-time payments, fraud mitigation, payment design and implementation. We have provided consulting services to clients in 40+ countries around the world, including international organizations, financial institutions, payment service providers, fintechs, payment schemes, payment system operators, technology vendors, industry associations, and regulators.

 
For more information, please contact:

Joachim Samuelsson, CEO of Crunchfish AB

+46 708 46 47 88

joachim.samuelsson@crunchfish.com 

This information was provided by the contact person above for publication on March 16, 2023 at 13:15 CET.

Västra Hamnen Corporate Finance AB is the Certified Adviser. Email: ca@vhcorp.se. Telephone +46 40 200 250.

About Crunchfish – crunchfish.com

Crunchfish is a deep tech company developing a Digital Cash platform for Banks, Payment Services and CBDC implementations and Gesture Interaction technology for AR/VR and automotive industry. Crunchfish is listed on Nasdaq First North Growth Market since 2016, with headquarters in Malmö, Sweden and with a subsidiary in India.

Download as PDF

Crunchfish presentation in English from Stora Aktiedagen Stockholm is now available where Crunchfish CEO outlined several contrarian perspectives that are necessary for payment services to survive in the face of temporary failures.

Crunchfish Group CEO Joachim Samuelsson presented Crunchfish’s pioneering Digital Cash solutions for making digital payments robust at Stora Aktiedagen Stockholm on Tuesday, March 14. Watch the presentation via this link.

For more information, please contact:

Joachim Samuelsson, CEO of Crunchfish AB

+46 708 46 47 88

joachim.samuelsson@crunchfish.com 

Västra Hamnen Corporate Finance AB is the Certified Adviser. Email: ca@vhcorp.se. Telephone +46 40 200 250.

About Crunchfish – crunchfish.com

Crunchfish is a deep tech company developing a Digital Cash platform for Banks, Payment Services and CBDC implementations and Gesture Interaction technology for AR/VR and automotive industry. Crunchfish is listed on Nasdaq First North Growth Market since 2016, with headquarters in Malmö, Sweden and with a subsidiary in India.

Download as PDF

Crunchfish Group CEO Joachim Samuelsson will present Crunchfish’s pioneering Digital Cash solutions for making digital payments robust at Stora Aktiedagen Stockholm on Tuesday, March 14, at 13:30 CET. Joachim will outline several contrarian perspectives that are necessary for payment services to survive in the face of temporary failures.  

Crunchfish presentation will be in English, use the opportunity to ask your questions to the presenter, by sending an SMS to 079-347 98 45 or email event@aktiespararna.se. Your questions will be conveyed by Aktiespararna’s moderator during the Q&A session the follows your presentation. You can submit your questions now or during the presentation. Follow the link for event program.

Watch Crunchfish’s presentation from February 6th, 2023 at Aktiedagen Göteborg – the paradigm shift in payments –via this link and Crunchfish’s presentation from November 30th 2022 at Stora Aktiedagen Stockholm on the theme “Big deals are coming” via this link.

For more information, please contact:

Joachim Samuelsson, CEO of Crunchfish AB

+46 708 46 47 88

joachim.samuelsson@crunchfish.com 

Västra Hamnen Corporate Finance AB is the Certified Adviser. Email: ca@vhcorp.se. Telephone +46 40 200 250.

About Crunchfish – crunchfish.com

Crunchfish is a deep tech company developing a Digital Cash platform for Banks, Payment Services and CBDC implementations and Gesture Interaction technology for AR/VR and automotive industry. Crunchfish is listed on Nasdaq First North Growth Market since 2016, with headquarters in Malmö, Sweden and with a subsidiary in India.

Download as PDF

Crunchfish have signed a Letter of Intent to acquire a payment platform company based out of India. The acquisition will increase the company’s presence in India and expand the product- and patent portfolio. The aim is to close the intended acquisition in Q2 2023.

Figure: The intended acquisition will extend Crunchfish Digital Cash product portfolio as illustrated above.

To establish an operation in India is important for Crunchfish to be present where most real-time transactions are processed in the world. Crunchfish have today signed a Letter of Intent to acquire a payment platform company based out of India. A due diligence process will start immediately having the Crunchfish management team in India this week. Once the transaction is closed, the intended acquisition will increase the company’s presence in India and expand its product- and patent portfolio.

The potential acquisition will not impact the relations with existing payment platform partners. Digital Cash integrations into their solutions are key as Digital Cash will be distributed to their customers.

The acquisition is expected to be closed in Q2 2023 and financed by using existing cash in Crunchfish.
More details on the acquisition will be disclosed when the deal is closed.

For more information, please contact:
Joachim Samuelsson, CEO of Crunchfish AB
+46 708 46 47 88
joachim.samuelsson@crunchfish.com

This information is Crunchfish AB obliged to publish in accordance with the EU Market Abuse Regulation. The information was provided by the contact person above for publication on 1 March 2023 at 08:00 CET.

Västra Hamnen Corporate Finance AB is the Certified Adviser. Email: ca@vhcorp.se. Telephone +46 40 200 250.

About Crunchfish – crunchfish.com
Crunchfish is a deep tech company developing a Digital Cash platform for Banks, Payment Services and CBDC implementations and Gesture Interaction technology for AR/VR and automotive industry. Crunchfish is listed on Nasdaq First North Growth Market since 2016, with headquarters in Malmö, Sweden and with a subsidiary in India.

Download as PDF

Crunchfish have undergone penetration testing of the Crunchfish Digital Cash SDK. The penetration test service was executed by Outpost24 with a focus to exploit potential vulnerabilities of the Digital Cash and to provide an understanding about the current level of security of the product.

As an integral part of the Software Development Lifecycle, Crunchfish focus on security aspects to prevent malicious attempts of fraud or double spending. Outpost24 offers cybersecurity services and were engaged to audit and attack the Crunchfish Digital Cash SDK to assess the product’s susceptibility to vulnerabilities.

The result of the security review has been summarized by Outpost24: “After extensive testing of the Crunchfish Digital Cash SDK it can be concluded that no high or medium risks have been found within the allocated time of testing. The implemented Trusted Application provides adequate security measures to prevent tampering of the different methods in use by the Digital Cash API.”

This penetration test complements previous tests by third parties that have been conducted. The latest test was done as part of the HDFC Bank pilot project in RBI’s Regulatory Sandbox. The Crunchfish Digital Cash SDK is available for customer download through the Crunchfish developer portal.

“We are continuously focusing on security and remediation of possible product vulnerabilities. Having an independent expert such as Outpost24 auditing the Digital Cash SDK is valuable and provides us with insights that will further enhance the product. As security is a moving target, we will continue our focus in this domain.”, says Rutger Petersson, R&D Director at Crunchfish Digital Cash.

For more information, please contact:

Joachim Samuelsson, CEO of Crunchfish AB

+46 708 46 47 88

joachim.samuelsson@crunchfish.com 

This information was provided by the contact person above for publication on 22 February 2023 at 13:00 CET.

Västra Hamnen Corporate Finance AB is the Certified Adviser. Email: ca@vhcorp.se. Telephone +46 40 200 250.

About Crunchfish – crunchfish.com

Crunchfish are a deep tech company developing a Digital Cash platform for Banks, Payment Services and CBDC implementations and Gesture Interaction technology for AR/VR and automotive industry. Crunchfish is listed on Nasdaq First North Growth Market since 2016, with headquarters in Malmö, Sweden and with a subsidiary in India.

Download as PDF

Crunchfish AB (“Crunchfish”) Q4 webinar is now available, where Crunchfish CEO Joachim Samuelsson is interviewed by analyst Joen Sundmark from Västra Hamnen Corporate Finance. Accompanying the release of the company’s year-end report, Crunchfish are launching Crunchfish iQ, an interactive view of the year-end report.

The webinar about Crunchfish year-end report for Q4 2022 is now available via the following link:

Webinar Q4

Crunchfish year-end report for Q4 2022 is available via the following link:

Crunchfish Q4

Crunchfish iQ – Interactive Quarterly reports

Crunchfish iQ is an open Q&A channel about each Crunchfish-, Digital Cash-, and Gesture Interaction story in the report. Crunchfish iQ is published as a compliment to the year-end report and will be stored in the article section of Crunchfish LinkedIn channel.

For more information, please contact:

Joachim Samuelsson, CEO of Crunchfish AB

+46 708 46 47 88

joachim.samuelsson@crunchfish.com 

This information was provided by the contact person above for publication on 17 February 2023 at 09:00 CET.

Västra Hamnen Corporate Finance AB is the Certified Adviser. Email: ca@vhcorp.se. Telephone +46 40 200 250.

About Crunchfish – crunchfish.com

Crunchfish are a deep tech company developing a Digital Cash platform for Banks, Payment Services and CBDC implementations and Gesture Interaction technology for AR/VR and automotive industry. Crunchfish are listed on Nasdaq First North Growth Market since 2016, with headquarters in Malmö, Sweden and with a subsidiary in India.

Download as PDF