Douugh Limited (ASX:DOU) after completing its beta program now eyes the launch of its financial wellness and banking app in the US market. The reports garnered huge profits to the stock as the share price surged more than 9%.
The company shared that during the beta program, more refinements have been done to better the user experience. This even features app optimisation work for the iPhone software.
The company now is also approved for advanced protocols to meet anti-money laundering and office of foreign assets control regulations. It has also collected case data to work out on its artificial intelligence fraud recognition engine to protect data against account takeover and transactional fraud events.
Douugh has also executed a novel function that will let users see pending transactions.
Meanwhile, on the market, Douugh was trading up by 9.090% at $0.300 at 2:32 PM AEDT.