IDT Corp

IDT Corporation provides fintech and communications solutions to specific under-served consumer and business-to-business (B2B) markets. The company's offerings are built around a common core of strategic assets, aiming to maximize synergies and integrate AI-powered functionalities for growth and profitability. IDT's key businesses include: National Retail Solutions (NRS): This segment operates a point-of-sale (POS) terminal-based platform for independent retailers in the United States and Canada, including convenience stores, bodegas, liquor stores, small-format grocery stores, and tobacco stores. NRS provides integrated POS hardware and software solutions to help these stores operate more effectively. Through its NRS Pay-branded payment processing, NRS enables retailers to accept and process credit, debit, and electronic benefit transfer payments. NRS's network of customer-facing screens and transaction data offers advertisers reach and insight into urban, multi-cultural consumer markets across the United States. The software also provides retailers access to services like integrations with online ordering and delivery platforms. BOSS Money: This business offers international and domestic money transfers and other fintech services to customers in the United States. BOSS Money facilitates fund sharing with friends and family in approximately 50 destination countries across Latin America, the Caribbean, Africa, Europe, and Asia, as well as within the United States. Transfers are primarily initiated digitally via credit or debit cards on the BOSS Money and BOSS Revolution apps. Customers can also fund remittances with cash through BOSS Money's network of licensed retail agents. Payout options typically include bank deposit, mobile wallet, cash pick-up, or delivery, depending on the recipient. net2phone: This segment provides businesses with workflow and communications solutions, many of which are AI-powered, to analyze, inform, and manage business processes for enhanced productivity.