{"schema_version":"secwatch.filing_event.v1","accession":"0001213900-23-074375","form_type":"8-K","ticker":"IPSI","cik":"0001591913","company_name":"Innovative Payment Solutions, Inc.","filed_at":"2023-09-06T23:59:59+00:00","discovered_at":"2026-05-14T18:03:34.468759+00:00","generated_at":"2026-06-10T23:26:19.917172+00:00","sec_items":["1.01","9.01"],"event_type":"other_material","sentiment":"negative","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"IPSI novates IPSIPay SAAS agreement and $324,544 debt to Endpoint Technologies","bullets":["IPSI transfers all rights, obligations, and $324,543.78 debt under the SAAS Agreement to Endpoint.","FFT releases IPSI from all obligations; IPSI will no longer operate IPSIPay after Oct 5, 2023.","IPSI retains IPSIPay trademark; Endpoint must rebrand after Transition Period ending Oct 5.","No new IPSIPay clients onboarded after Sep 6, 2023; existing clients become Endpoint's."],"urls":{"canonical":"https://secwatch.observer/filing/0001213900-23-074375","json":"https://secwatch.observer/filing/0001213900-23-074375.json","markdown":"https://secwatch.observer/filing/0001213900-23-074375.md","text":"https://secwatch.observer/filing/0001213900-23-074375.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1591913/000121390023074375/0001213900-23-074375-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1591913/000121390023074375/ea184731-8k_innovative.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-10T23:26:19.917172+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}