On Thursday, February 18 at 08:30 CET / 13:00 IST, Crunchfish AB (“Crunchfish”) publishes its year-end report for 2020. During the day, Crunchfish is offering several opportunities to listen in to interviews and presentations about the report.

When the report is released at 08:30 CET / 13:00 IST, an interview with Joachim Samuelsson by the Crunchfish’s IR & Marketing Manager will be published. This interview will be available both on the company’s website as well as on our YouTube channel.

A live webinar about the report, focused on Digital Cash Partners and Patents will be arranged at 09:00 CET / 13:30 IST with Crunchfish’s CEO Joachim Samuelsson and Alf Riple from Västra Hamnen Corporate Finance. In order to participate at this webinar, registration is done via the following link: https://us02web.zoom.us/webinar/register/WN_LJxjofdwQ8Kp6RTQ-W5Oyg. A recording of this webinar will also be available afterwards on Crunchfish’s website as well as Västra Hamnen Corporate Finance’s website.

At 12:00 CET / 16:30 IST, Joachim Samuelsson will give an investor presentation together with Ålandsbanken. To participate on this presentation, register via e-mail to emma.opitz@alandsbanken.se. After registration, a link to the meeting, which will be done via Teams, will be sent out.

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

Ulf Rogius Svensson, IR & Marketing Manager
+46 733 26 81 05
ulf.rogius.svensson@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 tech company with a patent-pending solution for digital offline payments that can be integrated both with the payment rail or in a mobile wallet. The offline solution is globally scalable and makes digital payments more robust as the risks of disruptions and downtime are eliminated. We have also developed Blippit, an app terminal that connects to a cash register system for both online and offline payments. Crunchfish also develops gesture control of smart AR glasses for the consumer market. Crunchfish has been listed on Nasdaq First North Growth Market since 2016 with headquarters in Malmö, Sweden and with representation in India.

We are continuing the interviews about Food Waste and now it’s time to talk about clearing. This is important in order to automatically reward customers at the point of check-out for rescuing food.

ClearOn https://www.clearon.se/, was originally founded by DLF Sweden with the purpose to facilitate coupon management for retailers. Today, ClearOn offers seamless clearing processes, and is a major developer of sales promotion campaigns and retail payment services in Sweden.

One of ClearOn’s key solutions is ClearOnline https://www.clearon.se/…/our…/sales-promotion-tjanster/ , a platform integrated into thousands of grocery stores and connected to their POS systems, with automated processes for clearing of discount coupons and other types of value cheques.

The system can be used by the stores as well as their suppliers to instantly launch in-store price campaigns, promotions and other types of offers. Since Crunchfish’s solution for Food Waste is based on pricing incentives for customers, the ClearOnline platform could be used as an efficient way of achieving this.

Johnny Lönnberg is Sales Director at ClearOn with many years of experience from the FMCG sector. In this interview, we talk about how incentivizing customers can be a major driver towards reducing food waste and we both long for the next physical Clear Event, where bright minds from the Swedish retail industry meet and get inspired.

This is interview 29 of 36 in the second season – Cash goes digital, a payment pandemic – out Wednesday morning at 6 am CET / 10.30 am IST. https://www.crunchfish.com/the-interviews/

Crunchfish är teknisk pionjär inom digital betalning med Digital Cash som avvecklar betalningar i två steg, först offline och sedan online. Detta möjliggör att betalningarna alltid fungerar och även kan göras privata. Digital Cash är extremt flexibelt och kompletterar alla typer av betalningslösningar, både på kort och mobil. Crunchfish möjliggör nu internationellt interoperativa betaltjänster genom ett globalt rotcertifikat för Digital Cash.

“Crunchfish etablerar med Digital Cash en ny internationell räls för digital betalning som gör det möjligt för olika betaltjänster och även olika typer av betallösningar att samverka. Det öppnar upp nya möjligheter och har potential att förändra ekosystemet för digital betalning i grunden.”, säger Crunchfishs vd, Joachim Samuelsson.

Digital Cash är extremt flexibelt som kompletterar alla typer av betalningslösningar på både kort och mobil med initial avveckling offline, innan betalningen slutligt avvecklas online. Crunchfish annonserar här en ny patentsökt innovation med ansökningsnummer SE2150159-8 som även gör betaltjänster internationellt interoperativa genom ett globalt rotcertifikat av Digital Cash-tjänsten.  Även betalning i andra länder blir möjligt genom hantering av valutakurser offline. Uppfinningen är extremt värdefull från ett internationellt perspektiv eftersom betaltjänster – kort, realtidbetalning och CBDC – kan användas tillsammans över landsgränser. Även nationell interoperabilitet mellan olika betaltjänster är viktigt, inte minst för att åstadkomma en snabb utrullning av riksbanksvaluta CBDC.

I dagens digitala betalningssystem är interoperabilitet svårt att åstadkomma beroende på att betalningen avvecklas i ett steg online. Crunchfishs patentsökta avveckling av betalningar i två steg, först offline och sedan online, är det som gör interoperabiliteten för världens betaltjänster möjlig på ett smidigt sätt. Betalningsmottagaren verifierar att transaktionen är legitim genom att kunna kontrollera betalarens certifikat och därmed lita på att betalningen kan avvecklas online i ett senare skede. Crunchfish avser att etablera en rotcertifiering för Digital Cash-tjänsten på global basis som verifierar offlinebetalningar när betalaren och mottagaren använder sig av olika betaltjänster eller olika typer av betalningslösningar. En växlingstabell i betalningsappen gör att offlinebalansen kan debiteras även vid offlinebetalning i utländsk valuta. Eventuella valutadifferenser justeras vid avvecklingen online genom debitering eller kreditering av betalarens konto.  

För ett år sedan annonserade Crunchfish friktionsfri mobilbetalning även offline som en patentsökt lösning som gör mobilbetalning mycket mer robust genom att introducera Digital Cash med avveckling i två steg, först offline och sedan online. Nyligen annonserade även Crunchfish möjligheten att implementera Digital Cash på kort. Lösningen utnyttjar att det inte spelar handlare någon roll om deras bankkonto krediteras vid betalningsögonblicket, så länge det finns försäkran om att mottagen betalning kan lösas något senare. Det som är extremt viktigt dock är att betalningslösningen är robust, smidig och säker. Det innebär att transaktionen inte kan vara beroende av Internet och betaltjänster i molnet. Det spelar ingen roll hur mycket man än investerar i IT-infrastruktur, systemen kommer ändå inte vara fungerande 24/7. En enkel och genial lösning är att implementera avvecklingen av betalningen i två steg. Nyligen föreslog VISA i en forskningsrapport ett protokoll för offlinebetalning applicerad för riksbanksvaluta CBDC. Crunchfishs originallösning var dock inte begränsad till riksbanksvaluta, utan kan likaväl användas för dagens alla typer av betalningslösningar – kort, realtidbetalning och sluten-loop plånböcker.

För ytterligare information, vänligen kontakta:
Joachim Samuelsson, VD för Crunchfish AB
+46 708 46 47 88
joachim.samuelsson@crunchfish.com

Ulf Rogius Svensson, IR & Marketing Manager
+46 733 26 81 05
ulf.rogius.svensson@crunchfish.com

Västra Hamnen Corporate Finance AB är Certified Adviser. Epost: ca@vhcorp.se. Telefon +46 40 200 250.

Denna information är sådan information som Crunchfish AB är skyldigt att offentliggöra enligt EU:s marknadsmissbruksförordning. Informationen lämnades, genom ovanstående kontaktpersons försorg, för offentliggörande den 13 februari 2021.

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Crunchfish is a technical pioneer within digital payment with Digital Cash that settles payments in two steps, first offline and then online. This enables payments that always work and can also be made with preserved integrity. Digital Cash is extremely flexible and complements all types of payment schemes, both on cards and mobiles. Crunchfish now enables internationally interoperable payment services by a global root certificate for Digital Cash.

”With Digital Cash, Crunchfish establishes a new international rail for digital payments that enables different payment services even from different payment schemes to interact. This opens up new possibilities and has the potential to fundamentally change the ecosystem for digital payments”, says Joachim Samuelsson, CEO of Crunchfish.

Digital Cash is extremely flexible and complements all types of payment schemes on both cards and mobiles with initial settlement offline, before the payment is finally settled online. Crunchfish now announces a new patent-pending innovation with application number SE2150159-8 which makes payment services internationally interoperable, through the issuing of a global root certificate of the Digital Cash service. Payment in other countries also becomes possible through handling of exchange rates offline. This invention is extremely valuable from an international perspective, as payment schemes – cards, Real-Time Payments and CBDC – can be used over international borders. A national interoperability between different payment schemes is also important, especially to accelerate the implementation of Central Bank Digital Currency CBDC.

In the digital payment systems of today interoperability is hard to achieve due to payments being settled in a single online step. Crunchfish’s patent pending two-tier settlement of payments, first offline and then online, is what enables smooth interoperability of the world’s payment services. The payee verifies that the transaction is legitimate by being able to check the payer’s certificate and thereby trust that the payment can be settled online at a later stage. Crunchfish intends to establish a root certification for the Digital Cash service on a global basis that verifies offline payments when the payer and the payee use different payment services or different types of payment rails. An exchange table in the payment app means that the offline balance can also be debited for offline payments in foreign currency. Any currency differences are adjusted at the point of online settlement by debiting or crediting the payer’s account.

One year ago Crunchfish announced offline frictionless mobile payments as a patent pending innovation, making mobile payments services far more robust by introducing the concept of Digital Cash using a two-tier settlement architecture, offline vs. online. Recently, Crunchfish also announced the possibility to implement Digital Cash on cards. The solution leverages the fact that it is not important to the merchants if the transfer to their accounts occurs at the moment-of-payment or a little later, as long as there is trust that the transfer will occur. It is critical however, that the payment experience must be robust, smooth and secure. This implies that the transaction cannot be dependent on the Internet and cloud payment services. No matter how much investments are made into IT-infrastructure, the systems will never be operational 24/7. An ingenious solution is simply to implement this two-tier settlement architecture. Recently, the same approach was proposed by VISA in a research paper describing an Offline Payment System (OPS) protocol applied to CBDC. Crunchfish’s original solution was not however limited to CBDC, but equally applicable to all payment schemes – Card, Real-Time Payments and Closed-Loop Wallets.

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

Ulf Rogius Svensson, IR & Marketing Manager
+46 733 26 81 05
ulf.rogius.svensson@crunchfish.com

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

This information is information that Crunchfish AB is obliged to publish in accordance to the EU Market Abuse Regulation. The information was provided by the contact person above for publication on February 13, 2021.

About Crunchfish – crunchfish.com
Crunchfish is a tech company with a patent-pending solution for digital offline payments that can be integrated both with the payment rail or in a mobile wallet. The offline solution is globally scalable and makes digital payments more robust as the risks of disruptions and downtime are eliminated. We have also developed Blippit, an app terminal that connects to a cash register system for both online and offline payments. Crunchfish also develops gesture control of smart AR glasses for the consumer market. Crunchfish has been listed on Nasdaq First North Growth Market since 2016 with headquarters in Malmö, Sweden and with representation in India.

This week is all about Food Waste. We start by looking at the data standards supporting the industry. GS1 standardizes the global language for businesses, https://www.gs1.org/. They own and manage for instance the world-wide standard for article numbers, represented by the well-known bar code on every product.

In the future, a new product marking standard GS1 Digital Link https://www.gs1.org/standards/gs1-digital-link contains more information than just the article number. Every single product package may get a unique marking with information such as best-before date, batch number or serial number. Based on this Crunchfish has a patented solution that makes it possible to rescue food by automatically rewarding the consumer at the point of sale for not taking the freshest product on the shelf, thereby reducing food waste as it otherwise might have been scrapped. https://www.crunchfish.com/food-waste/

Staffan Olsson is the longest serving employee at GS1 Sweden, helping clients to get as much as possible out of using GS1 standards. In this interview, Staffan and Joachim Samuelsson talk about circular economies, the ubiquitous bar codes and new GS1 Digital Link standard, and about innovative ways to drive the industry towards sustainability.

This is interview 28 of 36 in the second season – Cash goes digital, a payment pandemic – out Monday morning at 6 am CET / 10.30 am IST. https://www.crunchfish.com/the-interviews/