Saturday, July 12, 2025

Latest

PowerBand Improves Security With Digital Signatures And Video Signing On Automotive Transaction Platform

PowerBand Solutions (TSXV: PBX) continues to develop its virtual transaction platform, this morning announcing that it has partnered with Syngrafii Inc to allow consumers to safely and quickly sign automotive leases and other documents digitally on the PowerBan platform. The launch of the new e-signature technology will begin with PowerBand’s DRIVRZ Canada and DRIVRZ US platforms.

The significant of the Syngrafii electronic signature program is that it allows for a number of options in terms of signatures. The technology allows for wet signatures, complete auditing of signatures, and most significantly, video recording during a signature to ensure the security of the transaction. The Canadian-made technology will allow for the PowerBand platform to enhance security while simplifying the process of buying, selling, leasing, trading, and financing a vehicle online for consumers.

The technology essentially enables the company to virtually execute the documents required to purchase a vehicle in real time.

The technology will first be rolled out Canadians before becoming available for its US counterpart. The agreement is for an initial period of one year, with automatic renewal options. A standard commercial fee will be paid for each transaction completed using the technology. DRIVRZ is expected to be soon made available in Canada, the US and global markets.

PowerBand Solutions last traded at $0.20 on the TSX Venture.


FULL DISCLOSURE: PowerBand Solutions is a client of Canacom Group, the parent company of The Deep Dive. The author has been compensated to cover PowerBand Solutions on The Deep Dive, with The Deep Dive having full editorial control. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security.

Video Articles

Mergers Set the Stage for Uranium’s Growth Cycle | Forum-Baselode Merger

The Goal is Gold Production as Soon as Possible! | Gordon Robb – ESGOLD Corp.

Snowline Gold: The Multi Billion Dollar Valley PEA

Recommended

First Majestic Produces 7.9 Silver Equivalent Ounces In Q2, Lifts Production Guidance

Antimony Resources Drills 4.17% Antimony Over 7.4 Metres At Bald Hill

Related News

PowerBand Sees National Car Retailer That Purchases 48,000 Vehicles Annually Join Platform

PowerBand Solutions (TSXV: PBX) appears to have acquired a major client for its D2D Auto...

Tuesday, August 25, 2020, 09:32:04 AM

PowerBand Solutions CEO And Largest Shareholder Voluntarily Lock Up Shares

PowerBand Solutions (TSXV: PBX) announced this morning that its Chief Executive Officer, whom is also...

Wednesday, January 29, 2020, 08:43:51 AM

PowerBand Sees July Gross Revenues Climb To $2.4 Million

Monthly sales continue to climb over at PowerBand Solutions (TSXV: PBX). The automotive fintech this...

Thursday, August 5, 2021, 08:28:17 AM

PowerBand Solutions Signs Term Sheet Valuing Subsidiary In Excess of US$111 Million

PowerBand Solutions (TSXV: PBX) has signed a term sheet for a significant investment into both...

Monday, March 2, 2020, 09:41:39 AM

PowerBand Solutions Looks To Raise $12 Million In Private Placement

Yesterday afternoon, PowerBand Solutions (TSXV: PBX) announced that it will be conducting a financing. The...

Wednesday, June 16, 2021, 08:26:32 AM