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Wednesday, October 20, 2021

OLB Group [NASDAQ: OLB] Decides to Offer AI-Based Analytics to Small-and Medium-Sized Merchants

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The OLB Group, Inc. [NASDAQ: OLB] declared Tuesday that it has decided to offer AI and ML analytics through its ShopFast dashboard to merchants. The decision has been taken to evaluate and respond to consumer behavior and competencies.

Those customers who are using the ShopFast Services of the firm will have the opportunity to get access to new customer analytic capabilities which can enhance competitive positioning. ShopFast will offer merchants flawless unification across all aspects of business transactions.

Furthermore, the analytics structures will work as an extension to the ShopFast merchant dashboard. It will offer data-centered knowledge about customer purchasing and surfing patterns, inventory and business practices, and predictive analytics concerning further consumer tendencies and behaviors.

The extension of ShopFast powered with AI and ML. This dashboard will place dealers in a strong position with large retailers. It also supports them obtain a wider and more complete view of their own business.

Additionally, The OLB Group disclosed that enabling merchants to know about their customer’s behaviors is very important. This will lead to operational efficiencies. OLB is striving to equipped its merchants with sophisticated solutions.

The firm is expecting that this new ability will offer tangible advantages to its clients. Moreover, the new analytics features will be accessible to all merchants in the Q3 of 2021. The analytics features will be available at no extra charges.

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