Stock VRTC VERITEC, INC.
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Company Veritec, Inc.

Equities

VRTC

US9234373051

Internet Services

Market Closed - OTC Markets
Other stock markets
 12:48:13 2024-04-25 pm EDT 		5-day change 1st Jan Change
0.0202 USD +1.00% Intraday chart for Veritec, Inc. +1.00% -66.33%
Feb. 20 Veritec, Inc. Reports Earnings Results for the Second Quarter and Six Months Ended December 31, 2023 CI
2023 Veritec, Inc. Reports Earnings Results for the First Quarter Ended September 30, 2023 CI

Business Summary

Veritec, Inc. is engaged in the development, sales, and licensing of products and providing services related to its mobile banking solutions. It provides back-end cardholder transaction processing services for Visa-branded card programs on behalf of its sponsoring bank. Its Mobile Banking Technology is used to offer Prepaid Card Programs to sponsor banks and approved applicants/cardholders. Its products and solutions include MTC Debit Card - Visa Prepaid Card Programs, blinx ON-OFF Debit Card - Visa Prepaid Card Programs, Custom Branded Debit Card Programs and blinxPay Mobile Wallet App. The blinx ON-OFF card is based on the Mobile Banking Technology platform and offers the same features and functions as the MTC branded card but with different pricing for bank-sponsored cards. The blinxPay is a secure payment processing system and mobile app that enables customers to make purchases. Its Mobile Banking Technology resides within a Payment Card Industry compliant data processing center.

Sales per Business

USD in Million2022Weight2023Weight Delta
Other
60.7 %
0 74.5 % 0 60.7 % -17.87%
Mobile Banking Technology
39.3 %
0 25.5 % 0 39.3 % +55.56%

Sales per region

USD in Million2022Weight2023Weight Delta
United States
100.0 %
0 100.0 % 0 100.0 % +0.85%

Managers

Managers TitleAgeSince
Van Tran CEO
 Chief Executive Officer 79 98-12-31

Members of the board

Members of the board TitleAgeSince
Van Tran CEO
 Chief Executive Officer 79 98-12-31
Laird Powers BRD
 Director/Board Member 76 85-12-31

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 39,988,007 10,153,225 ( 25.39 %) 0 25.39 %
Stock B 0 1,000 0 0

Shareholders

NameEquities%Valuation
Matthews Group LLC
73.40 %
29,352,547 73.40 % 733 814 $
Laird Powers
0.6326 %
252,984 0.6326 % 6 325 $
Van Tran
0.5733 %
229,250 0.5733 % 5 731 $
Combined Penny Stock Fund, Inc.
0.0913 %
36,500 0.0913 % 913 $

Company contact information

Veritec, Inc.

12445 Winnetka Avenue North

55427, Golden Valley

+

http://veritecinc.com
address Veritec, Inc.(VRTC)

Sector

Technology
Software & IT Services
Software & IT Services
Internet Services
Internet Security & Transactions Services

Sales per Business

Sector Internet Security & Transactions Services

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Internet Security & Transactions Services
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